Wednesday, May 20, 2015


News Links, May 20, 2015

## Global Ponzi meltdown/House of Cards ##
The Keynesian Flaws And Distortions Built Into The GDP Accounts
Greece to Face "Take it or Leave it Offer" Just Like Cyprus
Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?
Canada's Housing Market Most Overvalued In the World – and Could Burst At Any Time!
Greek Endgame Nears for Tsipras as Collateral Evaporates
The Debt To GDP Ratio For The Entire World: 286 Percent
Global Cooling Alert: China Steel Prices Drop To 12-Year Low
Oil price plunge could cost Canada 185,000 jobs this year, agency warns
I've Read Obama's Secret Trade Deal. Elizabeth Warren Is Right to Be Concerned.
Why Are Economists' Predictions So Damn Awful?

## War on Cash ##
Why Central Banks HATE Cash and Will Begin to Tax It Shortly

## Fault lines/flashpoints/powder kegs/military/war drums ##
After ISIS Executes Hundreds In Ramadi, Shiite Militias, Sunni Tribesmen Join The Battle For Anbar
Iraqis abandoned US-supplied equipment in Ramadi
Experts: U.S. claims Ramadi a mere setback are 'delusional'
The Obama administration Monday called the fall of the capital of Iraq's Anbar province to the Islamic State a temporary setback that Iraqi forces would reverse with U.S. support. Experts dismissed that assessment as ludicrous.
Saudi-led air strikes hit Yemen after truce expires
Assad troops abandon their last military base in Syria's Idlib province
New coastal watch center opens in Philippines
A Raytheon designed coastal watch center for maritime security has opened in the Philippines, a "major milestone" in the support provided by the U.S. Defense Threat Reduction Agency to the Philippines Maritime Agencies.
Europe's Exit From Asia ... 'Only' Soft Power Remains
Island of Pagan opposes plan to use it for Marine invasion training
Shrouded in secrecy, one of Africa's biggest land deals stalls

## Global unrest/mob rule/angry people/torches and pitchforks ##
Burundi police fire teargas, beat anti-president protesters

## Energy/resources ##
And I guarantee you that the shortfall will balloon. -- RF
IMF says energy subsidized by $5.3 trillion worldwide
Governments around the world charge prices for energy that do not account for its harmful environmental, health and other side effects, amounting to a $5.3 trillion "post-tax" subsidy this year, the International Monetary Fund said in a report on Monday.
$50 Billion Mega Rail Project Could Change South America Forever

Your Boss Is Now Tracking You at Home
GPS-enabled phones can put your employer inside your pocket, and the monitoring doesn't always stop after hours
New report claims al-Qaeda-Benghazi link known day after attack
NSA Transfers Spy Gadgets to Local Police Departments
Fake Evidence Blaming Russia for MH-17?
Pointing the finger of blame at Russian President Putin for the Malaysia Airlines shoot-down last July, an Australian news show claims to have found the spot where the Russian BUK missile battery made its getaway, but the images don't match, raising questions of journalistic fakery.

## Japan ##
Japan would retaliate against North Korea if Pyongyang launched a missile attack on the United States, Japanese Defense Minister Gen Nakatani said. Nakatani said Sunday Japan would defend the U.S. because a North Korea missile attack would likely result in serious damage.
Japan grapples with problem of decaying, vacant homes
Japan's problems with a rapidly ageing and declining population have been widely publicised. Less so however, is that there is vast stock of ageing and dilapidated houses that could turn many population centres into "ghost towns" in the fairly near future.
Energy shortage within conditions for collective self-defense: Abe
Japan could exercise the right to collective self-defense if an attack on a friendly country were to cause an energy shortage here, Prime Minister Shinzo Abe said in reference to two security bills his administration has submitted to the Diet.
Toshiba 'padded profits by ¥40 billion in 2 new projects'

## The Clintons ##

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