Sunday, March 13, 2016


News Links, March 14, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Draghi's Deadly Derangement
The Vacant Condos in Vancouver
The Coming Collapse of Saudi Arabia
Welcome To The Currency War, Part 22: China Devaluation Watch
Moody's Cuts Hong Kong's Debt Rating Outlook To Negative From Stable Over Links To China
Gold just collects dust? Two more financial companies disagree
Crumbling U.S Empire Drives Russia and China to Move into Gold
From Champs To Chumps: Latin America Oil Giants Owe $275 Billion
Bundesbank Fears "Doom Loop"

## Cut, baby, cut! ##
Colgate extends restructuring program, to cut more jobs
The program, now expected to end in December 2017, will result in the reduction of 3,300 to 3,800 positions globally.
Credit Suisse to cut 163 jobs in New York
China's Wuhan Iron and Steel to cut around 50,000 jobs
Deere cuts 125 jobs at two of its US plants
Budget 2016: George Osborne warns of cuts of 50p per £100 (UK)
RBS to cut 550 jobs as part of plan to automate investment advice

## War on cash/cashless society ##
How credit card companies know what we will do in the future
Analysts at the payments giant Mastercard now have so much data, they can sometimes predict our behaviour tomorrow simply by scrutinising our purchasing patterns today.
How safe is your bank?

## Airline death spiral ##
Fuel pipeline supplying to JFK airport ruptures in New York
How Cozy: Airlines Add an Extra Seat to Each Row
That pinch gets more pronounced as a rising number of airplane manufacturers and airlines go to ten seats per row.
Here's why people tend to get angry on planes
EasyJet Flight Turned Back After Passenger Spots Spanner In Wing
Rusty Jets on Tarmac Show Besieged Indian Baron's Fallen Empire
US Running Out of Pilots
JetBlue will train novices to pilot passenger jets

## Fault lines/flashpoints/powder kegs/military/war drums ##
US Admits: Iran Missile Tests Not Violation of Nuclear Deal
China to build vast, controversial 'port city' in Sri Lanka
Key powers mulling possibility of federal division of Syria
Major powers close to U.N.-brokered peace talks on Syria are discussing the possibility of a federal division of the war-torn country that would maintain its unity as a single state while granting broad autonomy to regional authorities, diplomats said.
US Launches Rockets Into Southern Syria From Jordan For First Time
Iraq runs out of money to take on Islamic State
Japan to showcase submarine to Australia in joint military exercises
India, Middle East countries in talks on oil-for-food scheme
What? They're not going to use the US dollar? -- RF
Central Bank Of Nigeria Explosion: Calabar Office Erupts In Flames, Several Injuries Reported
Boycott Israel movement now facing … surging boycott
Saudi Arabia due to 'complete' January mass executions with four more deaths
Car bomb in Turkey's capital kills at least 34, wounds 125
Anti-refugee AfD party makes big gains in German state elections
The U.S. Navy's new $13 billion aircraft carrier will dominate the seas

## UAVs ##
Pentagon: Military spy drones in U.S. used for disaster relief
The latest policing tool to monitor rowdy spring breakers: Drones
Night-flying drones combat Africa's poaching problem

## Migrants/refugees ##
Hungary declares 'state of crisis', poised to build more fences
Five NATO ships in Aegean migrant mission
NATO now has five ships taking part in an unprecedented naval mission in the Aegean Sea to tackle people smugglers taking migrants from Turkey to Greece, the alliance's chief Jens Stoltenberg said Thursday.
Conditions at Idomeni camp worsen by the day

## Global unrest/mob rule/angry people/torches and pitchforks ##
Trump Cancels Chicago Speech After Violent "Make America Hate Again" Protests Erupt

## Energy/resources ##
WTF: American wood to heat homes in Paris
Paris plans to import thousands of tonnes of wood per year from the United States as part of plans to use more renewable energy in its urban heating systems, city authorities said on Thursday.
Nuclear energy booming in Asia
Five years after the Fukushima nuclear disaster, India and China have embraced nuclear power. Other countries in the region also want to build more plants - even in high-risk areas prone to earthquakes and tsunamis.
Wonderful! Just one thing... Renewables will not support economic growth  and in fact cannot keep industrial civilization going. Those who "want to believe" that we can transition to renewables and maintain our lifestyles are in for a very unpleasant surprise. -- RF
The reason that some items are pronounced ugly is that governments and retailers introduced standards derived from industrial thinking. Fruits and vegetables are supposed to look a certain way, like homogeneous and identical products churned out by factories. Applying industrial thinking to food resulted in staggering and unconscionable waste. -- RF

## Lifestyle solutions ##
This Eco-Death Suit Lets Mushrooms Consume You When Your Die

## Environment/health ##
Why 44% of workers can't sleep at night
Fully 44% of American workers say they have lost sleep because they were worrying about work, with roughly one in four saying this happens to them at least once a week.
"[Biometrics] can be great because they are really secure. It's hard to fake someone's ear, eye, gait, or other things that make an individual uniquely identifiable. But if a biometric is compromised, you're done. You can't get another ear."

## Systemic breakdown/collapse/unsustainability ##
Saudi Arabia Turns to Nightmare for Spanish Consortium

Minister of Economy admits the possibility Fukushima decommissioning takes longer than 40 years
Funds will be exhausted long before that, and decommissioning will never be finished. -- RF
Survey: 3,000 tons of radioactive waste unreported
An NHK survey has found that at least 3,000 tons of undesignated radioactive waste from the 2011 Fukushima nuclear accident is being kept in 30 municipalities in 7 prefectures.
Japan eyes permanent joint HQ for SDF
The government might set up a permanent joint headquarters under the chief of staff of the Joint Staff to control the Self-Defense Forces in an integrated manner, it has been learned.

While no excuse for China, reading its counter-report can be a real eye-opener. -- RF
Four-year-old who 'mispronounced the word cucumber' threatened with counter-terrorism measures
Boy's family say nursery staff said saying 'cooker bomb' instead of 'cucumber' could lead to youngster being referred to deradicalisation programme
Scarlet fever symptoms warning as cases hit almost 50-year high
Some 600 cases a week are being diagnosed across England
How London's booming 'butler class' takes care of the wealthy elite
The capital is home to 1,000 'family offices', made up of lawyers and financiers who service every need of the super-rich

Hint: Student loans. -- RF
Is it OK for voting machines to be black boxes? -- RF

## The candidates ##

And finally...

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