Tuesday, July 26, 2016


News Links, July 27, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Global Deals May Drop $1.6 Trillion If Brexit Talks Lag
Caterpillar Retail Sales Decline For 43 Consecutive Months
Caterpiller Cuts Guidance On "Subdued Global Growth", Blames Brexit And "Turkey Turmoil"
Why this Spike Will Perforate Yield Chasers
The Institute of International Finance opined last week that "the 'low for long' interest rate outlook now looks more like 'low forever' – an outcome that has unleashed a powerful renewed search for yield."
Is the ECB out of Control? How much money could be made to disappear in Italy's bank bailout?
Japan's Exports Decline Again in June, for Ninth Straight Month
WHAT'S GOING ON??? Record Swiss Gold Flow Into The United States
Shocking data: 127K Greek Workers are paid wages of up €100 per month
First Italy, Now Portuguese Banks "Unexpectedly" Need A Taxpayer Bailout
Why Real Reform Is Impossible: We Can't Believe the Mighty Titanic Could Actually Sink
Unfortunately for those partying on the upper First Class decks, they are as doomed as the steerage passengers when the ship goes down.
UN Agency: Economy Still Sliding in Latin America, Caribbean
Stocks Were Already Crashing the Last Two Times this Happened. So What Gives?
Over the last 20 years, margin debt – when investors buy stocks with borrowed money – went through three multi-year run-ups, each topped off with a spike, followed by a reversal and decline: during the final throes of the bubbles in 2000 and 2007, each followed by an epic stock market crash – and now.
Here's What Happens When the World Overdoses on Debt
China and Russia Still on Gold Buying Spree
Global Central Banks Are All-In: QE Running At Record $180 Billion Per Month (And Rising)
RBS Warns Clients May Face Negative Interest Rates

## War on cash/cashless society ##
Florida judge declares bitcoin is not money

## Airline death spiral ##
Plane passenger removed from flight 'because of his Isis tattoo'
Airline cabins of the future: A new golden age of travel?
American Airlines profit falls $A1.27b

## Fault lines/flashpoints/powder kegs/military/war drums ##
12 Injured, Bomber Killed Outside German Music Festival
The Latest: Officials Seek Stronger Border Control, Police (Germany)
Islamists attack French church, slit priest's throat
Hollande Vows "All Out War" Against ISIS After Priest Killing
Afghan civilian casualties soar to record high, UN says
Chinese Media Talks Tough After India Deploys Tanks to China Border
Poland Intends To Finalize Patriot Sale Agreement By Year's End
Israel's Tightening But Weakening Grip
Israel's near-seven-decade oppression of the Palestinian people has cost it popular support worldwide and led Zionists to rely more and more on paid-off political allies to shield Israeli interests.
800 US aviation troops deploying to Afghanistan
US allowing more diplomat families in Turkey to leave country
US-Backed Syrian Rebels Face 'Total Collapse' in Aleppo

## Migrants/refugees ##
Mexican Newspaper: Build a Trump-Style Wall with Central America

## Global unrest/mob rule/angry people/torches and pitchforks ##
Berning with anger, protesters take Philadelphia streets ahead of Democratic convention
Pro-Sanders Protests Take Striking Anti-Clinton Tone
More than 50 pro-Sanders demonstrators cited by police
Sign of the Times: Riot Control Gear Sales Are Soaring Globally
New York City police upgrade gear after Texas, Louisiana shootings
The New York City Police Department has acquired $7 million in military-style protective equipment for patrol officers in response to recent shooting attacks on police in Baton Rouge and Dallas earlier this month, officials said on Monday.

## Energy/resources ##
Overly Simple Energy-Economy Models Give Misleading Answers
Oil Bulls Headed Over Demand Cliff as Refinery Shutdowns Loom
Thunderstorm Sparks Massive Spike In New York Elctricity Prices Amid Heat Wave
South Korea to pick spent nuclear fuel site by 2028, eyes overseas storage
Overseas storage! Like Japan, South Korea has cut its own throat with nuclear power. -- RF
Nuclear waste will last a lot longer than climate change
"Too-cheap-to-meter" nuclear power has already left a deadly legacy that we can't deal with, and this global disaster is just getting started. Nuclear power: The gift that keeps on giving. -- RF
Niger Delta Avengers Attack another Pipeline
Short of funds, Brazil's Chesf delays transmission line project
State-run energy company Chesf, a subsidiary of Brazil's federal energy holding company Eletrobras, has delayed the delivery of more than 1,000 kilometers of transmission line projects for lack of funds to complete the work, data compiled by Reuters showed.
Oil Continues To Fall After API Reports 1.4M Barrel Build At Cushing
Morgan Stanley Predicts Plummeting Oil Prices - $35 Likely
North Sea Platform Workers Launch Biggest Strike in Decades
Australia Considers Banning Wind Power Because It's Causing Blackouts

## Got food? ##
General Mills widens flour recall again after 4 more people get sick

## Environment/health ##
Kuwait swelters under record 54c heatwave
The hot weather has seen unprecedented demand on Kuwait's electricity infrastructure, with several power outages reported last week.
Heat wave, drought showing no signs of slowing down (US)
6,500 acres burned in Big Sur fire
Fire seasons are becoming hotter, drier and longer
Sea level rise: Tide turns against Liberia's biggest slum
Utah Lake's Poop-Driven Algal Bloom Is a Crappy Situation
More Than a Million Moms At Risk of Zika, Study Finds
Spain registers first Zika microcephaly birth in Europe
Unconventional Coal Technologies 'Could Blow the Global Carbon Budget'
Husky shuts pipeline indefinitely after Canadian oil spill
Husky Energy Inc has indefinitely closed a pipeline that leaked oil into a major Canadian river, a company official said on Monday, as the spill forced a second city to stop drawing drinking water.
Western Canada Oil Spill Drenches Birds, Will Taint Drinking Water for Months to Come
Red Cross says need for blood is 'urgent'
Over one million people hit as floods worsen in India's tea region of Assam

## Intelligence/security/internet/cyberwar ##
As Biometric Scanning Use Grows, So Does Security Risk
Without you necessarily realizing it, your unique attributes — or "biometrics" — are being used to verify your identity. Every time you unlock your smartphone, use a fingerprint scanner at the airport, or upload a photo with facial recognition to Facebook, your physical attributes are scanned and scrutinized against a template.
11 Police Robots Patrolling Around the World
DNC erects four-mile, eight-foot-high fence around Philadelphia convention site
The DNC is afraid of the people. -- RF
Turkey detains 42 journalists in crackdown as Europe sounds alarm
Germany orders increased police presence after spate of attacks
Snowden Explains How To Get To The Bottom Of "Who Hacked The Democrats"
Munich Shooting Sparks Push to End Post-WW2 Limits on Using German Military Domestically
India Denies Visa Extensions to Xinhua Journalists
Was The Turkey Coup A Hoax? After Erdogan Arrests Thousands, Critics Question Military Uprising
WikiLeaks' Julian Assange: 'No Proof' Hacked DNC Emails Came From Russia
Meet The Biggest Government Hacker On The Planet—–Uncle Sam
Australia's "Abu Ghraib"-Like Torture of Jailed Children Captured in "Chilling" TV Footage

## Propaganda/censorship ##
China Internet Crackdown: Regulator Bans Original News Reporting By Websites
The Hunt for Red Trump-tober: Clintonistas say Russia is behind DNC leak – and the Trump campaign
How US Propaganda Fuels New Cold War
The anti-Russian propaganda across the U.S. political/media system is so pervasive that even members of Congress know little about the events that launched a new Cold War.
As I've observed previously, the US propaganda system is by far the world's most sophisticated and effective. If the Chinese, for example, really want to have a good propaganda system, they should abandon their present crude and heavy-handed approach and adopt the US system. -- RF
Facebook admits to blocking links to Wikileaks DNC emails

## Systemic breakdown/collapse/unsustainability ##
Head of Australian Team Says Olympic Village in Rio 'Not Safe or Ready'
Leaky Toilets at Athlete Village Add to Rio 2016 Budget Woes
Power is nothing without control: lessons from the failed coup in Turkey
Contamination of water pushes up costs, makes safe water scarcer: study
Clinton, Wasserman Schultz and the Wheezing Corpse of the Democratic Process Revealed

## Japan ##
Japan To Miss FY2020 GDP Target Of 600 Trillion Yen: Government Forecast
Japan's "Helicopter Money" Play: Road to Hyperinflation or Cure for Debt Deflation?
Democrats commit to US defense of Japan under 'rebalance' to Asia
Pokemon Go players advised not to go into Fukushima disaster zone

## China ##
China to Shut Political, Social News Sites Run by Websites
China Scores Diplomatic Victory, Avoids Criticism From ASEAN
China Rolls out World's Largest Amphibious Aircraft (video)
Hong Kong On The Edge—–Debt And Property bubble fixing to Burst
End of an Era as China's Love Affair With U.S. Real Estate Fades
Science says China has already hit peak coal use
China Cools Down on Wind Energy Technology

## UK ##
Natwest and RBS may charge firms to hold deposits
Natwest and Royal Bank of Scotland (RBS) have warned businesses they may have to charge them to accept deposits due to low interest rates.
One in five parents will skip meals to feed their children over summer
British Solar Industry In Jeopardy, 12,500 Jobs Lost
Hate crime policing to be reviewed after spike in reports
'Super ants' invading British gardens faster than ever
Hundreds of police officers are suffering from mental health problems, officers' groups warn

## US ##
Credit Card Companies Specifically Target Less Educated And Less Sophisticated Americans
New York's Hamptons: Where a Summer Rental Can Set You Back $1 Million
For the first time, forecast predicts hotter than normal in every square inch of the USA
Job Openings vs. Number of Unemployed; Is Being Unemployed Just "Bad Luck"?
Subprime Snaps: Largest US Subprime Auto Lender Delays Earnings Due To "Accounting Matters"
Robot-Delivered Death in Dallas
The Dallas police decision to use a robot-delivered bomb to kill the cornered shooter blamed for murdering five police officers raises troubling legal, technological and public-safety questions.
Junk-rated U.S. municipalities shine brighter with record low rates
Neil deGrasse Tyson, Jeff Bezos Join Defense Innovation Board
The largest pension fund in the country CalPERs continues to underperform: Weakest return since 2008-09 financial crisis.
New legislation proposes to "bail in" Social Security
The Board of Trustees for Social Security (which includes the US Treasury Secretary) wrote that major parts of the program have already run out of money, and the rest of Social Security will run out of money in the next decade.
New Home Sales Are Back……..To When The Housing Bubble Began In 1995!
A third of U.S. adults say they'd be enthusiastic about a microchip implanted in brain
Service PMI Barely Above Contraction

## The candidates ##
After NATO, the WTO: Trump ready to rip up post-war order
Why Can't Hillary Stop Fudging the Truth?
Email-gate is only the latest instance in a 25-year habit of dissembling.
Hillary Clinton is in Deep Trouble – "Hordes of Wall Street Executives" Descend Upon Philly
Sanders Booed by Own Delegates for Urging Support for Clinton
Sanders to 'Bernie or Bust' Movement: I'm Not With You
"Bedlam" As Wasserman Schultz Boo'd, Heckled Off Stage By DNC Delegates
Hillary Clinton: Class President of A Failed Generation
Donald Trump is right about globalization: It's a broken system
Trump as the Reagan Reboot
Donald Trump's pro-police-state acceptance speech must have appealed to many Americans, boosting him in the polls, but another secret to his success may be that he is a 2.0 reboot of Ronald Reagan.
Oops: Kaine Implies Hillary Should Be Prosecuted For Mishandling Classified Information
Clinton Cash: "Devastating" Documentary Reveals How Clintons Went From "Dead Broke" To Mega Wealthy
Robert Kagan and Other Neocons Are Backing Hillary Clinton
Wall Street now substantially less certain of a Clinton victory
Wikileaks Emails Bring New Attention to Hillary Victory Fund "Money Laundering" Charges
Why Hillary Is Nervous: "More Leaks May Be Coming"
Hillary Clinton Wins Democratic Nomination
Hillary Clinton's Dangerously Coherent Foreign Policy

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