Sunday, March 27, 2016


News Links, March 28, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
The Big Unwind Hits Investment Banking
World Trade Collapses in Dollars, Languishes in Volume
China owns the Canadian real estate market: Chinese account for one-third of all Vancouver home sales volume in 2015.
Europe is now drowning under the cost of welfare bills
China-backed bank says more than 30 countries await membership
Book Review: 'The New Case For Gold'
French unemployment hits new record
Cash Piles Up in Japan While Spending and Investment Wane
Radical economic ideas grab attention amid low-inflation torpor
Latin America – Seven Ugly Sisters in Deep Political Trouble
Monsanto Losing Its Grip? The earnings warning was just a precursor.
Credit Crunch in Spain: Credit Expanding at Lowest Rate in Relation to GDP Since 1970

## Cut, baby, cut! ##
Al Jazeera To Slash 500 Jobs Worldwide, Most In Qatar

## War on cash/cashless society ##
Credit card fee you didn't know existed—and why it matters

## Airline death spiral ##
Would you pay more for extra airport security?
Web of agencies at U.S. airports could hinder security overhauls
Chinese Passenger Lawyers Up, May Sue Virgin Atlantic
Flight at Detroit airport canceled after pilot arrested
Brussels Airport Closed Until At Least March 29 After Bombing
Brussels Terror Attacks Reopen Airport Security Debate
Fliers' rights are losing in Congress
FlyDubai Plague: Majority of Airlines Turns Blind Eye to Pilot Fatigue

## Fault lines/flashpoints/powder kegs/military/war drums ##
Isis driven out of Palmyra as Syrian state forces retake 'complete control' of ancient city
Police Raids in Paris Foil Planned Terrorist Attack: Officials
Islamic State claims suicide bombing of Iraqi soccer stadium; 29 dead
ISIS Cell Behind West Europe Attacks Predates Caliphate
Isis' attempt to topple US economy with own currency 'failing' as reliance on American dollars increases
Air Force 'loans' bombs to coalition partners in war on ISIS
The World's Most Famous Economic Hitman Confesses – They're Coming for Your Democracy
Leading Turkish Journalists Face Life in Prison
Where is that lecture from the US government on human rights and freedom of expression? -- RF
Russia To Deploy Missile Systems on Kuril Islands, Defense Minister Says
The Big Lie About Hillary's War In Libya
U.S., South Korea conduct naval exercises near disputed border
Radovan Karadžić sentenced to 40 years for Srebrenica genocide
Turkish Soldier Killed in Iraq by Islamic State Group Missiles
The Turks are still there, against the wishes of the Iraqi government. -- RF
The Pentagon is planning to send more combat troops into Iraq
Al Jazeeza Presenter to Saudi Ambassador – "Why Support Democracy in Syria but Not Saudi Arabia?"
Kremlin: No Russian Troops In Ukraine's Donbass, But There Are Russian 'Citizens': RIA
Nearly 100 Chinese boats detected in Malaysian waters, officials say
Iraq's Sadr Begins Sit-In Inside Green Zone To Push For Reforms
Suicide Bomber Kills Dozens, Mostly Women, Kids Celebrating Easter in Pakistan Park
"Forgotten Sandlot" Or "The Next Dubai"? This Tiny African Nation Is Now A Geopolitical Hot Spot

## Migrants/refugees ##
US faces floods of climate refugees
Refugee crisis: Thousands are living in cramped conditions in a former German airport waiting to be granted asylum
Refugee Crisis Update: Greece Begins Emptying Idomeni Refugee Camp On Border With Macedonia
Asylum seeker arrivals in Germany 'drop to less than 150 per day'
NATO's performance on migrants at sea 'infuriates' Tsipras

## Global unrest/mob rule/angry people/torches and pitchforks ##
Over 30K people protest Japanese PM's plan to restart nuclear reactors (+ video)
Public sentencing of protesting workers backfires in China
Tens of thousands of Yemenis mark a year of war, denounce Saudi-led offensive
China Warns Officials: No Unrest, Or Lose Your Job
Police use water cannon as hundreds demonstrate in Brussels after attacks
Chinese flags in Prague defaced ahead of two-day visit by Xi Jinping

## Energy/resources ##
Is U.S. Shale Oil & Gas Production Peaking? Part I: Gas Production (Tad Patzek)
Is U.S. Shale Oil & Gas Production Peaking? Part II: Oil Production
As SunEdison Tanks, Is Rest Of Solar Going With It?
Rockefeller Family Fund Blasts ExxonMobil, Pledges Divestment From Fossil Fuels
Not enough lithium for electric car batteries
Despite High Debt Levels Energy Investors Remain Undaunted
U.S. Oil Explorers Return to Parking Rigs as Supplies Build
Iran's Rouhani says can provide Pakistan gas through pipeline within months
US Electricity Sales Have Dropped— Why Is This News?
I think their analysis is wrong. My take is that this multi-year decline in terms of both kWh per capita and gWh per $ trillion real GDP is because of the decline of industrial society. Underlying that is net energy decline, which raises the cost of energy to society (yes, oil is now cheap, but that just means that someone other than the consumer is paying the costs). -- RF
Ethanol adds to Corn Belt losses
Subsidized to the End: Not Even Corporate Welfare Can Save Big Coal

## Got food? ##
Cuba's sustainable agriculture at risk in U.S. thaw
Climate change may ruin wine production, scientists warn
Dangerous Levels Of Lead, Cadmium In Popular Chocolate Brands, Watchdog Group Alleges

## Lifestyle solutions ##
French weigh 'right' to disconnect from work emails at home

## Environment/health ##
Why did the environmental movement drop the issue of overpopulation?
Even vultures turning noses up at North Korea
Migrating birds have learned to fatten themselves up before attempting transit of barren North
Ash trees set to become extinct in Europe
CDC: Zika-infected couples should postpone pregnancy
Men with Zika should wait six months before unprotected sex say US health experts
Women shouldn't attempt conception for 2 months after Zika exposure: CDC
Chile reports its first sexually transmitted Zika case
Scientists Create Tiniest Life Form Yet, Not Sure What It Is
Concerns over nuclear waste stored at San Onofre
Poland approves large-scale logging in Europe's last primeval forest
This Is What's Happening to People Who Live near the Worst Gas Leak in US History
E. O. Wilson to save humanity from extinction, get rid of religion
Tigers starved to death in zoos used to make tiger bone wine

## Intelligence/security/internet/cyberwar ##
Judicial Watch: Undisclosed emails from Clinton server found
Defense Secretary Ashton Carter Used Personal Email For Government Business Until December
Belgian Police Knew Where Paris Attacker Was Likely Hiding—and Did Nothing
Law enforcement investigators seek out private DNA databases
Investigators are broadening their DNA searches beyond government databases and demanding genetic information from companies that do ancestry research for their customers.
Heavy social media users 'trapped in endless cycle of depression'
U.S. Agencies' Use of Invasive Aerial Cell Phone Surveillance Detailed in Newly Released Documents
"Dirty Bomb" Fears Rise As Belgian Nuclear Facilities Seen As Vulnerable To ISIS Attacks
Huge cyber heist via RCBC rocks Philippine banking
Turkish court takes journalists' espionage trial behind closed doors
Kerry Balks at Supplying MH-17 Data
The father of a young American killed aboard Malaysia Airlines Flight 17 in 2014 says Secretary of State Kerry balks at turning over U.S. data that Kerry cited three days after the tragedy in eastern Ukraine.
Saudi Reporter Jailed For 5 Years For Insulting Rulers: Amnesty

## Propaganda ##
Another Mass Killing in Yemen and the Drone Program Ponzi Scheme
Printers at 12 Colleges Spew Hate Fliers in Suspected Hack
"White Man are you sick and tired of The Jews," the hateful message begins on the single-page missive that is adorned with swastikas and includes the web address for a neo-Nazi group.
The NRA Brings Guns To Grimms' Fairy Tales' 'Hansel And Gretel,' 'Little Red Riding Hood'
Highlighting Western Victims While Ignoring Victims of Western Violence

## Systemic breakdown/collapse/unsustainability ##
Why America May Not Be Considered A "First World Country" Much Longer
Corrosion eats $552 billion infrastructure a year (6% of GDP)

## Japan ##
BOJ tankan likely show biz mood worsens due to strong yen, global economy
Japanese manufacturers' confidence probably deteriorated to the lowest in nearly three years and it is expected to worsen in the coming quarter due to exporters concern over a strong yen and worries over the global economy, a Reuters poll showed.
Foxconn Denies Reports Of Sharp Rescue Deal To Be Signed On March 31
Japan's Finance Minister Accidentally Reveals How It All Ends: "War"
Krugman Goes To Japan, Scolds Abe For Worrying About Quadrillion Yen Debt Pile, Leaves
Cash! Economists Increasingly Worried About People Having Too Much Cash
Cash! Japanese firms could stash cash in safes if rates go negative: survey
Cash! Households prefer saving money to making investments
Hopes grow for Hokkaido Shinkansen extension
It used to be that a new road, tunnel, train line, airport, or whatever was a sure stimulus for the economy, but those days are done. After decades in the making, this extension will bring only a short-term boost at most. -- RF
Proxy servers found holding 18 million potentially stolen IDs, passwords
The Metropolitan Police Department (MPD)'s cybercrime division has found some 18 million potentially stolen IDs and passwords stored on the servers of a Saitama Prefecture proxy server company, the Mainichi has learned.
70% of voluntary Fukushima evacuees undecided where to live after free housing ends
Russia considering building naval base in area including disputed isles
Tepco executives get a taste of citizens' wrath
Japan inflation unchanged at zero in February
Nearly 1 in 3 IPOs miss initial offer in Japan
Fukushima town remains empty, but nuclear slogan disappears

## China ##
China Beige Book: New Employment at Private Firms Hits Four-Year Low
First Chinese companies stopped borrowing, then they cut spending and now, as China's economic slowdown persists, they're holding off hiring, according to a private survey that points to more difficulties ahead for the world's second largest economy.
Coal plants are causing water shortages in China
China Deploys YJ-62 Subsonic Anti-Ship Cruise Missile To South China Sea's Woody Island
There's No Sign of a China Rebound Yet
20 Detained, Website Facing Shutdown After Xi Resignation Letter
China Defends Construction of First Overseas Naval Base
Coal Suffering Bleak Year in China on Weakening Industrial Use
Shanghai rolls out tightening measures to cool home market
Chairman Of Insolvent Chinese Steel Company Hangs Himself Day Before Bond Maturity
Chinese Researchers Invent New Police Car That Can Scan Criminals' Faces
A team at the University of Electronic Science and Technology of China's Police Equipment Joint Research Lab have developed a high-tech vehicle for police equipped with a facial-recognition system that can pick criminal suspects out of a crowd.
China Warns Officials: Allow Social Unrest, Lose Your Job
China Tries To "Suddenly" Pop Latest Housing Bubble While Reflating Stock, Car Bubbles

## UK ##
NHS being pressured by government to "fiddle the figures" to make finances seem better, documents reveal
As net energy declines, so will worker productivity. -- RF
Erik Prince in the Hot Seat
Blackwater's Founder Is Under Investigation for Money Laundering, Ties to Chinese Intel, and Brokering Mercenary Services

## The candidates ##
Wikileaks: Hillary Clinton Helped Topple Gadhafi While France & UK Fought Over Libya's Oil
Sleazy Stories and Sleazy Media Reactions: Cruz, Trump, National Enquirer; Washington Times?
Anonymous Threatens To Expose Ted Cruz Prostitution Scandal
Donald Trump says America hasn't been great in 116 years
Groveling Before AIPAC
The recent AIPAC meeting brought four of the five remaining presidential candidates – all except Bernie Sanders – to Washington to grovel at the feet of the Israel lobby, a depressing scene.
Mexicans Burn Donald Trump Effigies In Easter Ritual
Bernie Sanders Wins Washington State, Alaska and Hawaii Democratic Caucuses
America's allies are "ripping us off" says Donald Trump
13 minutes of Hillary Just Lying (video)
Foreign critics of Trump worry what his candidacy says about U.S.

And finally...
Man finds out he has no more money, pours coke into ATM machine causing 50,000 RMB damages

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