Tuesday, December 29, 2015

 

News Links, December 30, 2015

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Weak demand, vessel surplus to create horror 2016 for commodities shipping
KSA 2016 Budget Assumes $45 Average Crude Price Next Year; Country Posted Record 2015 Deficit Thanks To Oil Glut
Saudis Plan Unprecedented Subsidy Cuts to Counter Oil Plunge
A Crisis Worse than ISIS? Bail-Ins Begin
While the mainstream media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the US.
Asia's Wealthiest Investors Advised to Prepare for Dollar Rally's End in 2016
Icy Blast Putting The Big Freeze On Shipping Heat?
China's Growing Steel Shipments Spur Protests As Prices Are Expected To Plunge In 2016
World steel chief calls Chinese glut 'serious and critical'
China industrial profits fall for sixth straight month
New Universal Income Experiment In Germany Tests Productivity, Creativity
If You Want to Limit the Power of the Super-Wealthy, Stop Using their Money
The only way to reverse rising inequality and break the power of the super-wealthy Financial Aristocracy is to stop using their central-bank issued currencies.

The Dark Side Of A Record $5 Trillion In Mergers: Hundreds Of Thousands Of Imminent Layoffs

## War on cash/cashless society ##
The Cashless Society Cometh: European Nations Such As Sweden And Denmark Are 'Eradicating Cash'
Without a horde of cash outstanding to have to deal with, then a country could adjust the bank records easily to the new money system that comes after the collapse of the financial system.
There are officially more people doing their weekly banking via mobile phones than branches (US)

## Fault lines/flashpoints/powder kegs/military/war drums ##
Iraqi Forces Capture Ramadi From ISIS, Look Toward Fallujah, Mosul
Amid Airstrikes In Syria, US Officials Admire Russia's Cost-Effective Military Campaign
Senior members of the U.S. administration have praised Russia's successful and cost-effective military campaign in Syria, undermining U.S. President Barack Obama's statements from earlier this year that Moscow's involvement in the war and attempts to prop up Syrian President Bashar Assad's government would drain its resources and see its military stuck in a long, drawn-out fight.
And I guarantee you that this won't be confined to Russia. -- RF

## Global unrest/mob rule/angry people/torches and pitchforks ##
Tamir Rice New York City Protest: Protesters Rally At Washington Square Park For Cleveland Boy

## Energy/resources ##
Energy Patch BKs Heading For Liquidation, Not Restructuring And Resurrection
A growing number of energy companies that have filed or will soon file for bankruptcy court protection are likely to be liquidated, with their prospects diminished by the latest falls in natural gas and oil prices, according to distressed investors and restructuring advisers.

## Got food? ##
The first national study to map U.S. wild bees suggests they are disappearing in many of the country's most important farmlands — including California's Central Valley, the Midwest's corn belt, and the Mississippi River valley.

## Intelligence/security/internet/cyberwar ##

## Propaganda ##
The Misinformation Mess
As Americans approach Election Year 2016, the crisis of misinformation is growing more and more dangerous. On issues from foreign policy to the economy, almost none of the candidates in the race appears to be addressing the real world.
Two Mainstream U.S. 'Journalists' Provide Stenographic 'News' Report — U.S. Anti-Russia Propaganda

## Systemic breakdown/collapse/unsustainability ##
Space Debris Shown Orbiting Earth In New Video Renews Focus On Tackling Space Junk
Silva says that the cause of the leak is still unknown, but research by EDF has also revealed that more than 38 percent of the pipes in Southern California Gas Company's territory are more than 50 years old, and 16 percent are made from corrosion- and leak-prone materials.

## Japan ##
The collapse continues. Just as I said, this region will never recover to its former state. -- RF
Beijing Orders Buildings to Turn Down Heat on Gas Import Delays
Beijing ordered offices to cut heating to as low as 14 degrees Celsius (57 Fahrenheit) in response to a natural-gas shortage that resulted from import delays by PetroChina Co.
China's $1 Trillion Nuclear Plan
Shifting the retirement burden from employers to workers has created an enormous financial crisis.
My analysis suggests that by more qualitative measures, no more than a third of U.S. households qualify as middle class: claiming 49% of the nation's households are still middle class is a gross exaggeration.

## The candidates ##

And finally...




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