Saturday, April 11, 2015


News Links, April 12, 2015

## Global Ponzi meltdown/House of Cards ##
Bank Deposits No Longer Guaranteed By Austrian Government
Canada's mortgage wars hit new low as fixed rate dips to 1.49%
Euro's Reserve Status Jeopardized as Central Banks Dump Holdings
Australian Taxation Office axes 4400 jobs in 19 months
Shipping Industry Sinks Under Excess Supply
Milestones in Bond Insanity: Negative 10-Year Yield on Swiss Bonds, Mexico Sells 100-Year Bonds Denominated in Euros; Are 1000-Year Bonds Next?
IMF Chief Christine Lagarde Warns Of Mediocre Economic Growth In Emerging Markets
Pay Heed——Even GE Is Getting Out At The Top
German Factory Orders Drop for Second Month
Kuwait's Aayan seeks to reschedule debts worth $587m
Goldman Sees Many Iron Mine Closures as ABN Flags $40 Risk
Today's Money Regimes Are Doomed To Failure
Centrally issued money centralizes wealth and generates systemic inequality.

## Airline Death Spiral ##
Firms push high-tech solutions to fortify airport perimeters

## Fault lines/flashpoints/powder kegs/military/war drums ##
'Gulf states' biggest threat is from inside their own countries, not Iran,' says Obama
Germany Orders 100 Tanks To "Ensure Troops Are Ready To Respond To Russian Assertiveness"
Modi: India Orders 36 Rafale Fighters From France
Japan could turn Izumo into full carrier facing China threat: expert
Nordic nations agree on defence cooperation against Russia
China lurks as US ties with Thailand splinter, military experts say
Obama's big Caribbean trip is all about Venezuela and oil
Obama, Castro hold historic meeting, vow to turn the page
Iraq's Leader To Seek Arms, With Deferred Payment, On US Visit
Death Threats Over Tikrit Coverage Force Reuters' Baghdad Bureau Chief To Flee Iraq; Latest Sign Violence Against Journalists Is Rising
Islamic State attacks Iraqi provincial capital
Iranian Official Slams Global Powers for Hypocrisy on Nuclear Arsenals
Proxy War Crosses Border? Houthis Reportedly Clash With Saudi Troops Near Najran
Yemeni militiamen say captured two Iranian officers in Aden
Pakistan Parliament Rejects Saudi Call to Join Yemen War

## Global unrest/mob rule/angry people/torches and pitchforks ##
Hundreds defy ban to protest Saudi Arabia in Iran's capital
Protesters gather where Zion teen was shot by police

## Energy/resources ##
South Africa's Eskom turns off power to non-paying municipalities
Are ethanol's days now numbered?
Europe's Addiction to Russian Natural Gas to Continue
As Germans Block Danish Wind, a New Feud Tests Crisis-Weary EU
Who Will Control The World's Water: Governments Or Corporations?
Automakers Put Vehicles on a Diet, Consumers May Be the Winners
Russia and Greece to ink Turkish Stream gas pipeline deal within days - Greek minister
Iraqi oil production stops due to unpaid £140m bill

## Got food? ##
US Agribusiness, GMOs and The Plundering Of The Planet
Second case of feared banana disease confirmed in Australia
A second case of a destructive disease affecting banana plants has been confirmed in Australia, dashing hopes that a recently confirmed outbreak would be isolated and threatening the country's A$550 million ($423 million) sector.

Iranians Are Much Talked About on Sunday Morning TV, But Never Heard From

## Systemic breakdown/collapse/unsustainability ##
A $10 Billion Missile Defense System Gets Added to 'Government Waste'
A floating city looks energy-intensive and unsustainable to me. But what do I know? -- RF
I agree that QE is a disaster, but the prescription offered here seems to be growth, and how to achieve it (more people, higher productivity). Those days are finished. A higher population now just translates into more people destined for poverty and starvation. -- RF

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