Thursday, June 30, 2016


News Links, July 1, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
North American leaders confront rising tide of protectionism
Imports Collapse At US East Coast Ports
NIRP Absurdity Soars after Brexit, Hits $11.7 Trillion
Italy eyes €40bn bank rescue as first Brexit domino falls
Germany Just Blew Up Italy's Bank Bailout Plan
Italy's Zombie Banks on Death Bed, Bail-Ins Coming?
Italy Granted "Extraordinary " €150BN Bank Bailout Program To Prevent "Panic, Run On Deposits"
BofA: To Save Markets Central Banks Just Made Inequality And Populism Even Worse
'The end is coming,' says Ron Paul (with video interview)
The historic U.K. vote to leave the European Union is a sign of a major global meltdown, not just a watershed that marks the end of a unified continent, former Rep. Ron Paul says.
Low oil prices left Alberta with a massive deficit
Explaining Social Anger, Brexit, Donald Trump in One Chart
Libyans still having problems withdrawing cash from banks
There are now $11.7 trillion worth of bonds with negative yields
Marc Faber: Gold 'Is My Preferred Currency'
"Deutsche Bank Poses The Greatest Risk To The Global Financial System": IMF

## Cut, baby, cut! ##
Commerzbank to cut over 100 jobs in New York

## War on cash/cashless society ##
Is Bitcoin Money? Florida Judge to Decide
Cryptocurrency Crash

## Airline death spiral ##
Shrinking Pool of Future Pilots Keeps Major Airlines on Edge
After coping with terrorism, bankruptcies and consolidation, the largest U.S. airlines are facing a new problem: They may start running out of pilots in as soon as three years.
Flights still waiting to depart after massive delay in Shanghai strands thousands at Hong Kong International Airport
Attackers kill 42 in scenes of chaos at Istanbul airport
Istanbul Attack Reopens Airport Security Debate
After Istanbul Attack, US Airports May Look at New Security Measures
Experts: U.S. airports need more armed officers outside terminals
Local Cops at U.S. Airports Called Insufficient to Deter Terror
JFK Terminal 5 Briefly Evacuated As Airport Security Remains High Following Istanbul Attack
Police: Airplane mechanic arrested after threatening officers at McCarran

## Fault lines/flashpoints/powder kegs/military/war drums ##
Pentagon Claims 'Showdown' With Russian Jets in Syrian Skies
John Kerry: 'We Are Not Frozen in a Nightmare'
Defending the Obama Administration's geopolitical record, the secretary of state laid out a vision of an America that is globalist, engaged, and deeply interventionist.
The 'Dissent' Memo That Isn't
The major U.S. media touts a State Department "dissent cable" urging military strikes on the Syrian military as a brave act by 51 diplomats, but it actually matches the views of Secretary Kerry and other top officials.
The Hot Land: After an Uprising in Mexico, the Return of the Narco Warlords
Trading Places: Neocons and Cockroaches
Neocons want a new Cold War – all the better to pick the U.S. taxpayers'  pockets – but this reckless talk and war profiteering could spark a nuclear war and leave the world to the cockroaches.
The UK has essentially jumped off a sinking ship.

## UAVs ##
Big Oil Faces US$2 Trillion Cash Shortage – Deloitte
A report by consultancy Deloitte has revealed that the oil and gas industry may find itself unable to improve its reserves replacement rate and overall performance over the next five years due to a huge shortage of cash of as much as US$2 trillion.
A miniature version of the what will happen when abandoned nuclear power plants start ravaging the planet. -- RF
iCensor: Apple Patents Remote 'Kill Switch' for iPhone Cameras
Technology could allow police and government forces to stop citizens from recording abuses of force

## Propaganda/censorship ##
Caught On Film - Juncker "Disappears" Farage

## Systemic breakdown/collapse/unsustainability ##
Conceived and started at a time when high-quality energy was unbelievably cheap, the Interstate Highway System is now a symbol of decline. It's all downhill from here. -- RF

## US ##
Just one thing... -- RF

## The candidates ##

And finally...

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