Tuesday, July 28, 2015


News Links, July 29, 2015

## Global Ponzi meltdown/House of Cards ##
Deflation Is Winning – Beware!
Deflation is back on the front burner and it's going to destroy all of the careful central planning and related market manipulation of the past 6 years.
Deflation alert: Corn Crashes, Other Commodities Brutalized
Here Comes The Deflation Wave: China's YTD Steel Exports Equal Total Japanese Production, Crushing Prices
The Commodities Pile-Up—–Cheap Money Keeps Producers Pumping
Now Is The Time – Fear Rises As Financial Markets All Over The Planet Start To Crash
Deep-Sea Plan Fails, Leaving Korean Shipyards Struggling
German 'Wisemen' Say Euro Zone States Should Be Able To Go Bankrupt
Simmereing Stew; Italy's Finance Minister Joins "United States of Europe" Parade; Germany's "5 Wise Men" Argue for Grexit
When Authorities "Own" the Market, The System Breaks Down: Here's Why
Does "Creative Destruction" Include the State?
When do we get to exercise democracy and fire every factotum, apparatchik, toady and lackey in the state who has abused his/her authority?

## Airline death spiral ##
Air France-KLM to Speed up Cost Cuts

## Fault lines/flashpoints/powder kegs/military/war drums ##
Musk, Wozniak Join Top AI Researchers in Call for Ban on Killer Robots
Qais al-Khazali, leader of Iranian-backed paramilitary group Asaib Ahl al-Haq, said the anti-IS campaign had failed because of an American agenda to redraw the map of the Middle East along new borders.
Ten Indications Iran Wants Business, Not Bombs
When Israel/Neocons Favored Iran
The modern history of U.S.-Israeli-Iranian relations dates back 35 years to a time of political intrigue when Israel's Likud leaders and the Reagan administration's neocons secretly worked to arm Iran's radical regime, an inconvenient truth given today's anti-Iran hysteria.
Army engineers build roads, reassure European allies
Turkish Jets Hit PKK Targets In Iraq After Soldiers Killed: Sources
## Global unrest/mob rule/angry people/torches and pitchforks ##
BLM Protestors Clash With Police, Alleged Use Of Pepper Spray By Police

## Energy/resources ##
Will 'Corner Office Syndrome' Be The Downfall Of Canada's Oilfield Services?
Goodrich Sells Chunk of Eagle Ford: Move Buying Time for Rebound
Houston-based Goodrich Petroleum Corp. is selling its proved reserves and a block of its leasehold in the Eagle Ford Shale to pay down debt and grow cash reserves with a $118 million deal.
Global oil puts $200 billion in projects on ice, $60 billion in oilsands alone
Energy Companies Face "Come-To-Jesus" Point As Bankruptcies Loom
Freeport may cut output at small N. American mines: analysts
Freeport-McMoRan Inc (FCX.N) may cut output at its small North American copper and molybdenum mines to help it reduce costs, analysts said on Tuesday after the miner and oil producer announced a cost and spending review amid weak commodity prices.

## Environment/health ##

## Intelligence/security/internet/cyberwar ##
Vizio reveals how it secretly tracks what you're watching in IPO plan
Local Governments Increasingly Poking Through Your Garbage

## Propaganda ##
The Unreality of the Iran-Nuke Fight
Israel is throwing the full weight of its U.S. lobby to crush the Iran nuclear agreement, but there are other factors adding momentum to the opposition – partisanship among Republicans and money from Israeli backers to propagandize the American people.
A Crucial Realization About Journalism is Learned by Being its Subject

## Japan ##

## UK ##
Britain to spend £7m on security in Calais after 2,000 migrants storm Eurotunnel
As I've said, the migrant/refugee crisis is only going to get worse. A lot worse. -- RF

## US ##
Durable Orders Slump Deepens—–Core CapEx Now Down 5%

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