Tuesday, May 26, 2015


News Links, May 27, 2015

## Global Ponzi meltdown/House of Cards ##
Global Trade Dives Most since the Financial Crisis
World Economy Stalling Out——No Central Bank Life Boats Left
Even Goldman Gets It—–The World Is Drowning In Debt
Is The 505 Trillion Dollar Interest Rate Derivatives Bubble In Imminent Jeopardy?
Australia Dumbs Down as Government Bets on Baristas Over Brains
Merkel dashes Ukraine's hopes of joining the EU
South Africa's economy grows below forecasts as jobless rate ticks up
War on Cash: Martin Armstrong Reports on a Secret Meeting in London to Ban Cash
4 sinister threats that loom for the cashless society
The Market Society: Capitalism is killing America's morals, our future
Asia To Be The Center of The Second Gilded Age For Billionaires

## Airline Death Spiral ##
Airlines Slide Into Bear Market on 21% Drop From 2015 Peak
The U.S. airline industry slipped into a bear market as investors worry that carriers are losing power to raise fares even as oil prices rise.
Air Canada's new carry-on crackdown doomed to fail, critics claim
Anxiety high at Malaysia Airlines this week as 20,000 staff await termination letters
The single worst practice of the airlines
Air France flight taken to JFK airport by military after threat
State fund appoints administrator for Malaysia Airlines restructuring
Plane safe? Hacker case points to deeper cyber issues
Singapore Airlines Presents New Seats for Premium Economy Class
Airline Miles Are Now So Hard to Use That People Are Paying Consultants for Help
US major airlines continue their push to shed 50-seat jets as upgauging sweeps the industry
Professor warns against pilot strikes

## Fault lines/flashpoints/powder kegs/military/war drums ##
David Cameron and Vladimir Putin agree to work together to stop Islamic State
Iran Blames US for Ramadi Loss: US Has No Will to Fight ISIS
Dozens Killed As Taliban Lay Siege To Afghan Police Compound
Chinese State Paper Warns "War Will Be Inevitable" Unless U.S. Stops Meddling In Territorial Dispute
Blocking a Nuclear-Free Mideast
With a large undeclared arsenal of nukes and the missiles to deliver them, Israel ranks as the world's top rogue nuclear state, even as it threatens to bomb Iran over the theoretical possibility of building a single nuclear weapon, hypocrisy backed up by the U.S.
Japan to join U.S., Australia war games amid growing China tensions
Taiwan's President To Propose Peace Plan For South China Sea
Russia Plans To Build Own Warships After Conceding That Mistral Deal Is Dead
Russian ditches slow arms smuggling from Ukraine
Budget cut hits Brazilian military
Japan, Malaysia agree to beef up defense cooperation
Southeast Asia accelerates its maritime buildup amid tensions with China
Aquino: Philippines To Fly Over Disputed South China Sea
Indonesia's military re-enters civilian affairs after president crosses swords with police
USAF Certifies SpaceX for Military Launches

## Global unrest/mob rule/angry people/torches and pitchforks ##
'This is Straight Murder': Protests Sweep City Following Cleveland Acquittal
China Says Over 180 Gangs Smashed In Anti-Terror Crackdown In Xinjiang
Chinese authorities say they have broken up 181 violent terrorist groups in the northwestern region of Xinjiang in the past year -- and that they are making progress in winning public support for their crackdown on terrorism and religious extremism in the region, which has been hit by ethnic tension in recent years.
French police break up riot in migrant camp in Calais

## Energy/resources ##
Malawi forests shrink as power deficit fuels charcoal business
Impoverished villagers are hacking down Malawi's forests to make charcoal, undeterred by government efforts to confiscate the dirty fuel as a power deficit stokes demand.
Nigeria's Buhari must start his presidency facing crippling fuel scarcity and power cuts
Nigerian cellphone provider needs fuel to prevent shutdown
Blackout: National grid down as 18 power plants shutdown
Nigeria paying $800 million to oil suppliers to end crisis
Long and sporadic power cuts returned on Sunday to haunt the national capital reeling under a heat wave, prompting the AAP government to call an emergency meeting of the three electricity distribution companies (discoms) and mull an advisory asking Delhiites to switch off appliances like air conditioners during peak hours.
How Wind Farms Might Be Deafening Our Harbour Seals
Wind farms may be a vital source of green energy, but new research shows that the construction of off-shore wind farms could potentially be damaging the hearing of harbour seals and other marine life.

## Got food? ##
The Case for Nationalizing Monsanto
Ridding the world of Monsanto via a state buy-out would be a boon to humanity.
Mozambique agriculture plan could displace 100,000 farmers - activists
Mozambique is mulling a plan to lease 240,000 hectares of prime farmland to investors to grow crops for export, threatening to displace more than 100,000 local residents, activists and academics said, citing a leaked document.

## Environment/health ##
A new global action plan endorsed by the World Health Assembly in Geneva Monday urges all governments to have national strategies in place by May 2017 to combat antimicrobial resistance, a global phenomenon that facilitates the rise of deadly superbugs. Most countries do not have nationwide plans to address climbing rates of antibiotic resistance.
Scorching Indian heat wave leaves 800 dead, melts roads in capital
Women Are Losing The Ability To Give Birth To Babies 'Naturally' And To Breastfeed: Study
Women are increasingly losing their ability to breastfeed and give birth naturally, according to a latest study. Reuters
A French obstetrician says women are losing their ability to breastfeed and give birth "normally." Dr. Michel Odent also says the number of birthing mothers who, during labor, are injected with a drug or are operated on is rising.

## Propaganda ##
More Video Fakery on MH-17
Australia's "60 Minutes" program refuses to admit the obvious: that it messed up in determining the location where the "getaway" video was taken after last July's Malaysia Airlines Flight 17 shoot-down. Instead, the show presented an update with more deceptive video.

## Systemic breakdown/collapse/unsustainability ##
The naive belief that history is linear, that moral progress accompanies technical progress, is a form of collective self-delusion. It cripples our capacity for radical action and lulls us into a false sense of security. Those who cling to the myth of human progress, who believe that the world inevitably moves toward a higher material and moral state, are held captive by power.
Surplus Repression and the Self-Defeating Deep State
The nation is wallowing self-piteously in a fetid trough of denial and adolescent rage/magical thinking now that the nation's bogus, debt-based "prosperity" has crashed and cannot be restored.
Just imagine the amount of demolition waste this will generate! -- RF

## The Clintons ##

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