Sunday, August 23, 2015


News Links, August 24, 2015

## Global Ponzi meltdown/House of Cards ##
Stock Market: Dow Plunges 530 Points and More Than 1,000 for the Week
Global market meltdown
Shipping Blues: World Trade Price per Unit And Baltic Dry Shipping Price Index Slump
Gulf Markets Melting Down: Saudi Arabia Plunges 7%, Dubai Sold
This Is Not A 'Correction'……..It's The Beginning Of The Global Bubble Unwind
It ain't over till the fat lady sings "Dow 5,000." -- RF
Is It Time to Get into Crash Positions?
Commodity Rout Erases $2 Trillion From Stock Values
Germans begin the looting of Greece
Fear the Strength of the US Dollar — Brazil's USD-denominated bonds
How Much Longer Can Saudi Arabia's Economy Hold Out Against Cheap Oil?
Plunge Protection Teams of the World, Unite!
The herd must be turned away from selling by any means available, and at this point, that means coordinated buying by all the world's Plunge Protection Teams.
We Have Already Witnessed The First 1300 Points Of The Stock Market Crash Of 2015
The Chilling Thing Smartphone Sales Said about China Debacle
Vanishing Act: U.S. banks moved billions of dollars in trades beyond Washington's reach
Apple enters bear territory; tech stocks crushed
Microsoft confirms Finnish phone site closure and job cuts
Deere Cuts Profit Forecast as Commodities Decline
Deere Rocked By Bursting Of U.S. Farmland Bubble: Sales Miss, Profit Tumbles, Forecast Cut
Producer prices in Asia are sinking, and fast
Three EM's Crumbling—– Brazil, Turkey And Malaysia
Faber warns of global gloom as China's economy sputters
Chanos Says China Economic Slowdown "Worse Than You Think"
Don't Worry, IMF Says "Premature" to Speak of Chinese Crisis
South African stocks take biggest weekly fall in nearly a year
Junior miners jump into medical marijuana, food service amid slump
Many of the world's junior miners are laying down their picks and shovels to start new ventures ranging from egg exporting to medical marijuana farming, as they as try to survive a crash in metals prices by shifting away from exploration.

## Airline death spiral ##
Olympics could 'paralyze' Rio airport: airlines
FAA records detail hundreds of close calls between airplanes and drones

As the migrant/refugee crisis worsens, it will increasingly spark such unrest. This will be one of many causes that destabilize governments around the world. -- RF 
Angry push for Guatemala president to resign in graft scandal
Thousands of Guatemalans waved flags, chanted and demanded that President Otto Perez resign, in a graft scandal that has already seen his vice president step down.
Pressure Mounts to Retire Older Fleet as Rig Oversupply Persists
With no signs of a turnaround in global rig demand, drilling contractors are under increasing pressure to retire older rigs. Operators worldwide have succumbed to the prolonged weakness in oil prices by curtailing drilling activities.

## Infrastructure scavenging ##
Wire thieves knock out radar for airport, weather service

## Lifestyle solutions ##
Village life in Spain decades ago

## Environment/health ##
Humans are now 'super predators,' and that's a problem, study says
Should we be stocking up? -- RF
Are jellyfish going to take over the oceans?
Like a karmic device come to punish our planetary transgressions, jellyfish thrive on the environmental chaos humans create. Is the age of the jellyfish upon us?

## Intelligence/security/internet/cyberwar ##
Chinese hackers may have turned sights on India, says new report
Former IAEA Official: AP Doc on Iran a 'Crude' Forgery
The Associated Press track record on Iran is getting worse and worse. After Tuesday's debacle with a litany of false claims from George Jahn, the AP attempted to save face Wednesday by publishing a transcript of the agreement between Iran and the IAEA on which the allegations were based.

## Systemic breakdown/collapse/unsustainability ##
Crumbling infrastructure: Even in the drought, America is leaking water
There are nearly a quarter-million water main breaks a year, according to the American Water Works Association. Two trillion gallons of drinkable water are lost annually due to a variety of reasons, including leaks, though that number is an educated guess. Nobody really knows for sure.
Most of those water mains will never be replaced. Urban infrastructure will just keep deteriorating, and ultimately big cities will become uninhabitable for the most part. -- RF
And these aren't the only hurdles. -- RF

Explosion rocks US Army facility in Japan; no injuries
A blast at a U.S. Army depot outside Tokyo sparked a fire that burned for hours early Monday and set off secondary explosions.
Government eyes tax incentives for seniors who move to countryside
This is an attempt to prop up the finances of rural communities, which have a high dependence on the pension payments made to local retirees. -- RF

## China ##
Capital outflows from China have surged to $190bn over the last seven weeks, forcing the authorities to intervene on an unprecedented scale to defend the Chinese currency.
Cyanide in waters near China blast site 277 times acceptable level: government report
S&P 500 has increased on the back of a massively expanding Fed balance sheet.
Homeland Security racks up $30,000 Starbucks bill

## The Candidates ##
The Scott Walker Files

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