Saturday, August 20, 2016


News Links, August 20, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Why one prominent hedge-fund boss is calling this 'the biggest bond bubble' ever
Two More Banks Start Charging Select Clients For Holding Cash
Fitch cuts Turkey debt outlook after coup attempt
Singapore seniors solving labor crisis
Central Banks Could Be This Market's

## Cut, baby, cut! ##
Caterpillar to cut more jobs, discontinue some mining equipment, combine divisions
Silicon Valley Job Cuts Double in 2016
The Biggest American Layoff Queens in 2016 "So Far"

## War on cash/cashless society ##
Singapore Wants to Be Asia's Sweden in Push for Cashless Payment
Bitcoin users have been warned about a potential attack by government hackers

## Airline death spiral ##
Cathay Pacific Crushed As Chinese Corporate Travel Collapses

## Fault lines/flashpoints/powder kegs/military/war drums ##
Ukraine may impose martial law if eastern fighting worsens: Poroshenko
US Congress Seeks to Establish Russia as Permanent Enemy
Bill Aims to Stop Future Governments From Rapprochement With Russians
Russia Successfully Test-Fires Iskander Ballistic Missile In Far East
US Jets Scrambled to Protect American Forces from Syrian Airstrikes
A 'grown-up' China looks to enter the Syrian equation
Merkel Sees No End To EU Sanctions Against Russia
US Moves Nuclear Weapons From Turkey to Romania
Romanian Foreign Ministry 'Strongly Denies' Report
U.S. Defense Contractors Tell Investors Russian Threat Is Great for Business
U.S. withdraws staff from Saudi Arabia dedicated to Yemen planning
Asia is nurturing the next generation of drone pilots
More False Outrage on the Syrian War
Washington's neocon hypocrisy surfaced again with the furor over Russia using an Iranian base to launch airstrikes against terror groups in Syria, while the U.S. uses other Mideast bases for the same purpose.

The Change Luck City: Dhaka's Climate Refugees
Displaced by climate change, almost half a million people flee to Bangladesh's capital every year.

## Environment/health ##
From Epic Fires to a 1,000-Year Flood: The Climate Change of Here and Now
Natural Gas To Dethrone Coal As Largest Source Of Energy-Related Carbon Dioxide Emissions In US
Budgets for anything but essentials will disappear long before then, anyway. -- RF
It's a vital question, but unfortunately considered heretical by most people. -- RF

## Propaganda/censorship ##
Trump and the Long History of Media Bias
The mainstream U.S. news media insists that its bias against Donald Trump is an aberration justified by his extraordinary recklessness, but the truth is U.S. media bias has a long history.

## Systemic breakdown/collapse/unsustainability ##
Complexity Bloat: Allegations Of Dysfunction Continue To Plague FirstNet, Our $47 Billion (And Growing) National Emergency Network

## Japan ##
Will this year's abnormally dry season lead to a water shortage?
Waste of money. -- RF
More Japanese gear moving on US military transports
The U.S. military is training to move Japan Ground Self-Defense Force vehicles by air and sea as the allies come to grips with new Japanese defense guidelines allowing for more cooperation in an emergency.
It's no surprise that taxpayers will foot the bill for megatechnology accidents. -- RF
China's local governments shield 'zombies' as defaults swell
Even as defaults surge among Chinese companies, local governments are keeping failing businesses on life support, fearing the impact on already battered economies if major employers go under.

## The candidates ##
More than half of the Clinton Foundation's major donors would be prevented from contributing to the charity under the self-imposed ban on corporate and foreign donors the foundation said this week it would adopt if Hillary Clinton won the White House.

And finally...

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