Tuesday, June 28, 2016


News Links, June 29, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
ECB Blows €400bn on "Brexit Black Friday" Bank Bailouts: Dealing with a Financial Crisis under cover of Brexit Chaos
European Banks Get Crushed, Worst 2-Day Plunge Ever, Italian Banks to Get Taxpayer Bailout, Contagion Hits US Banks
We Just Witnessed The Greatest One Day Global Stock Market Loss In World History
Brexit-related losses widen to $3 trillion in relentless 2-day sell-off
European Banks Have Their Worst Two Day Stretch EVER As The Global Financial Crisis Intensifies
Get Ready to See This Globalization 'Elephant Chart' Over and Over Again
The non-winners in globalization are the Western World's middle classes.
Fortunes Will Be Made & Lost When Capital Flees To Safety
Two Black Swans, Far Greater Than BREXIT Are On the Horizon
Deutsche Bank: "There's No Escaping The Fact That This Is A Class War"
The Bloodbath In Banking Shares—–Major European Banks Down By 50% In Past Year
The End Game Of Bubble Finance——Political Revolt
"No Cherry Picking" Says Merkel; Risk of Global Trade Collapse says Mish
Brexit Politics: Elites Set Up New Conflict Between Populism and Globalism as Chaos Looms

## War on cash/cashless society ##
The 1% don't use Bitcoin Exchanges

## Airline death spiral ##
Singapore Airlines plane catches fire while making emergency landing
'Engine Issue' Forces Southwest Flight to Return to Salt Lake City Airport
Passengers evacuate American Airlines plane by emergency slide at London Heathrow
Another close call between passenger plane and drone at YYC airport
Turkey airport attack: 50 dead after suicide bombers strike Ataturk International airport in Istanbul

## Fault lines/flashpoints/powder kegs/military/war drums ##
CIA Weapons For Syrian Rebels Sold To Arms Black Market: NYT
German MPs file war crimes suit against Erdogan
US has trained less than 100 in Syria to fight Islamic State
Carrier Ike joins ISIS fight from the Mediterranean
US Sees No Place for Saudi Ground Troops in ISIS Fight
Latest Warship Encounter Brings Russian Protest
India Stocks Up on Howitzers to Defend Its Border with China
Austrian Far-Right Figure Warns Of 'Auxit' Vote Within A Year
Civil Uprising Escalates As 8th EU Nation Threatens Referendum
The EU Exit Queue After Brexit Is Getting Crowded
Brexit and Trump: Populism or Manipulation?
The Brexit vote, like Donald Trump's campaign, is less a populist uprising against the elites than a contest of one elite over another in manipulating popular sentiments.
Ron Paul: The People Will Not Suffer From Brexit, Only the Global Banking Elite Will
Political novice wins Iceland presidency with 39 percent
History professor Gudni Johannesson won Iceland's presidential election after riding a wave of anti-establishment sentiment.
AI shoots down expert pilot in simulator
Another Case For Exit——-America Should Get Out Of NATO
Why more nations are reacting to migration with walls
Over half of the border barriers erected since World War II have been built since 2000.
English language could be dropped from European Union after Brexit

## UAVs ##
India Seeks Predator Drones from US
Lockheed's Q-53 shows drone tracking capability

## Migrants/refugees ##
Italy Rescues Over 3,300 Migrants North Of Libyan Coast Over Weekend

## Global unrest/mob rule/angry people/torches and pitchforks ##
South Africa's intensifying protests could lead to electoral violence in August
Thousands Protest Against Brexit in London's Trafalgar Square
Racist Tirade on Tram Illustrates Rising Hate Fears in Brexit U.K.

## Energy/resources ##
Earthquakes Cause Giant Natural Gas Field To Cut Production By 44%
Analysis: Less Than 1% Of Energy Storage Needed For Wind And Solar Actually Exists
Throwing in the Towel? Some Oil, Gas Workers Choose to Leave Industry
Global addition to nuclear power capacity hit 10.2 GW in 2015: IEA
Because there will never be any money to decommission these new facilities, add them to the already long list of nuclear power plants that will turn into nuclear bombs, further devastating the planet. -- RF
Iran's Oil Production Is Slowing Fast
Texas job losses mounting, state analyst says
Saudi Arabia's Oil Storage Falling As Exports Exceed Production
Venezuela's Oil Output Decline Accelerates as Drillers Go Unpaid
Oil, Interest Rates and Debt

## Got food? ##
FEMA Contractor Predicts 'Social Unrest' Caused by 395% Food Price Spikes
Fading fishermen: A historic industry faces a warming world

## Environment/health ##
Air pollution to kill millions more without change of energy policy: IEA
Abortion demand 'soars' amid Zika fear
Top-Ranked Jason Day Skipping Rio Olympics Because of Zika
Zika-Related Microcephaly Reported in Florida for First Time
Essential Science: West Nile virus causes memory loss
South China Sea reefs 'decimated' as giant clams harvested in bulk
Walking is the cheap, easy workout
Proposed Amazon dam would fuel land speculation, deforestation, study says

## Intelligence/security/internet/cyberwar ##
Fraud Alert: ID Thieves Hijack Mobile Phone Accounts
The US is considering asking foreign visitors to hand over their social media information
Edward Snowden: New Russian 'Big Brother' Law Would Savage Privacy and Personal Freedoms
Report Drags Clinton Back Into Benghazi Mire
Germany Sees Rise In Far-Right Violence, Warns Of 'Terrorist Structures'
Judge Says FBI Can Hack Computers Without A Warrant Because Computer Users Get Hacked All The Time

## Propaganda/censorship ##
Europeans Contest US Anti-Russian Hype
Besides the Brexit rejection of U.S.-style neoliberal economics, some European voices are protesting, finally, the U.S.-led, anti-Russian propaganda campaign that has justified an expensive new Cold War.
Lady Gaga's China Ban: How And Why The Chinese Government Censors Music Stars

## Systemic breakdown/collapse/unsustainability ##
Brexit: the fall of the Babel Tower
Chicago Is Pushing For A Massive Bailout Of Its Public School System
Even Rio's acting governor is warning the Rio Olympics could be "a big failure"
Rio police protest lack of salaries, toilet paper
Police in Rio de Janeiro protested Monday against late payment of salaries and a lack of equipment ranging from car fuel to toilet paper as the Brazilian city prepares to host the Olympic Games.
Common Good Under Attack as Civil Society Groups Targeted Worldwide
Brexit Is What Happens When the Pie Is Shrinking
This is the result of net energy decline. Take a look at the first chart. 1970 marked the end of dirt-cheap oil, and also the end of technological innovation that had by that time produced foundational technologies like lasers, semiconductors, television, radar, and computers. Truly, it was the end of an era, and the start of industrial civilization's decline. -- RF
The Collapse of Western Democracy

## Japan ##
Brexit's Big Loser? Japan
3 Chinese vessels enter Japanese waters around Senkakus
Power outage at Fukushima nuclear power plant causes machinery to shut down
Shareholders urge Japan's utilities to end nuclear power generation
Reuse of radioactive soil approved despite 170-year safety criteria estimate
An Environment Ministry decision to allow reuse of contaminated soil emanating from the Fukushima nuclear disaster under road pavements came despite an estimate that it will take 170 years before the soil's radiation levels reach safety criteria, it has been learned.
Kanto region facing serious summer drought, possible water restrictions
Kuroda Is Trapped As The BOJ Can't Ease Any Further: Here's Why

## China ##
The Red Frankenstein: Why China Keeps Its Zombies Alive
China coal mining capacity to be cut by 280 mil mt in 2016: report
Chinese city puts plans for waste-burning plant on hold as protesters take to the streets
China Construction Bank to securitize 30bn yuan in bad loans
Experts say South China Sea reefs being 'decimated' as local Chinese harvest giant clams

## UK ##
UK credit ratings cut: S&P and Fitch downgrade post-Brexit vote
Move for independence on the table for Scotland
Stroke patients waiting three hours to get to hospital
Exploding UK immigration helped drive 'Brexit' vote
British Teens on Tram Caught Hurling Anti-Immigrant Abuse
Tiny garage in Hackney side street sells for £375,000
Number of UK children living in poverty jumps by 200,000 in a year

## US ##
For the first time, America is no longer No. 1 for super-rich
Services PMI Remains Weak, Markit Chief Economist Estimates 1% GDP Growth
30-Year and 10-Year Treasury Yields Approach Record Lows
Another Red Flag: Growth In Fast Food Visits Has Hit A Wall
Greenspan Warns A Crisis Is Imminent, Urges A Return To The Gold Standard
'Rage Rooms': Where Americans Go to Take Out Their Frustrations
The 30 safest places to raise a child are found in only 12 states
Recession Alert: Restaurant Visits Slump To Zero Growth During Past 3 Months
Obamacare Accounted For 58% Of US "Growth" In The First Quarter

## The candidates ##
Dump Trump Movement Planning for Convention Floor Fight
Trump Calls Elizabeth Warren 'Racist' and 'a Total Fraud'
Another Crony Capitalist Corruption Eruption—–Hank Paulson Endorses Hillary Clinton
Trump, Clinton Less Popular Than NRA, Planned Parenthood: Poll
Clinton Says She Has 'Work to Do' on Trustworthiness
Clinton Foundation gets more money from Norway than Appears
By splitting up the Norwegian contributions in several subgroups appears that Norway giving far less to Clinton Foundation than we really do.
Fact-Checking Trump's Speech on Trade
Did Bernie Sanders Cheat In Nevada? State Director Wanted Double-Sided Coin For Tiebreakers
"People Need To Know The Real Hillary Clinton And How Dangerous She Is"
Don't Count Out Donald Trump Yet
Donald Trump targets globalization and free trade as job-killers
Clinton's "First Major Betrayal"? DNC Surrogates Defeat Anti-TPP Measure

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