Tuesday, August 23, 2016


News Links, August 24, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Revealed: ECB Secretly Hands Cash to Select Corporations
Private Placement: European Companies Issue Debt Simply Because the ECB will Buy That Debt
Things are so absurd in the Eurozone that the ECB is buying private placement debt with little regard for safety. In turn, private equity companies issue debt simply because they know in advance the ECB will buy it.
Australia's unprecedented collapse in business investment, in one chart
Mission Impossible Looms for Renzi's Italian Growth Target
Economy of energy-hungry India may face headwinds
'Collapse' in value of wages leaves more than 1.5 million families in extreme debt (UK)
With world trade in the doldrums, the threat of a new currency war looms
"It's Gone" - Why Foreign Demand For US Treasuries Has Disappeared
'Nobody believes in anything anymore': Why Greece's economic crisis is not over
Koreans reluctant to get married, have children
The Olympics are over for Brazil — was it worth it?
The glorious days of 2009 when the Olympics were awarded to Rio are a distant memory.
What happens to Olympic venues when the games are over?
Pokemon Go Is Already in Decline
UNLOCKING GOLD'S TRUE VALUE: The Economic Code – Finally Revealed
When Gold Breaks Over $1,400 It's Going To Spike Toward $2,000 - Gerald Celente

## War on cash/cashless society ##
Why you'll always need cash (US)
8 Major Bitcoin Debit Cards: How Private and Anonymous Are They?
How Bitcoin helped fuel an explosion in ransomware attacks

## Airline death spiral ##
Crisis in Air Traffic Control Towers (US)
EasyJet and British Airways passengers face £25 charge for complaints about delays and lost luggage
Man Arrested For Allegedly Sexually Assaulting Sleeping Passenger
What Delta's tech troubles tell us about reliability of airline IT systems
UK flight cancellations and delays have increased
Laser Pointer Strikes Double in Southern California
Aviation regulator calls for anyone found carrying laser pointers to be arrested in bid to cut number of attacks on aircraft
CAA figures show there were 1,439 laser attacks on aircraft in the UK last year – equivalent to almost four a day

## Fault lines/flashpoints/powder kegs/military/war drums ##
Iran: Russia has stopped using Iran base for Syria strikes
US works to keep Turkey in its fold as NATO ally looks east
Russia-Iran-Turkey Alliance Could Change Energy Dynamics For Good
Pirates chased away from British freighter by Nigerian warship
The top 10 places where you could be attacked by pirates
Pirates attack two ships in Indonesian waters in 48 hours
There may be trouble ahead for China and Singapore
U.S. Government Reaffirms Total Support for Saudi War Crimes in Yemen
Biden: US Committed to Protecting Baltic States From Russia
Nearly 15 Years and $70 Billion Later, US Troops Still Endlessly Fighting Taliban
Imperial Washington Has Meddled In Ukraine Enough—–Why Crimea Doesn't Matter
Special Report: Massacre reports show U.S. inability to curb Iraq militias
Philippines' Duterte says talks with China on sea dispute 'within the year'
Seoul: North Korea fires submarine-launched missile into sea
"In Preparation For Crisis" Germany Considers Bringing Back Military Service

## Migrants/refugees ##
UN: Thousands of Central American children seek to enter US
Shoot First: Coast Guard Fired at Migrant Boats, European Border Agency Documents Show
Angela Merkel calls for 'one in, one out' immigration deals with North Africa to stem refugee crisis

## Global unrest/mob rule/angry people/torches and pitchforks ##
White Lives Matter protest staged outside Houston NAACP office
Pakistani Protesters Attack TV Stations, 1 Killed

## Energy/resources ##
Nuclear accident in New Mexico ranks among the costliest in U.S. history
$50 Crude Won't Fuel Big Oil's Comeback
Saudi Permian: A Race To The Bottom For Tight Oil
Remember the shale gale and Saudi America? The scale of those outlandish delusions has now dwindled to plays in a few counties in West Texas and southeastern New Mexico. Saudi Permian.
North Dakota rig count lower for third straight week
'Epic' Oil Rally Reverses On Diminishing Supply Outages
Swiss nuclear reactor at Leibstadt extends outage to late October
Switzerland's biggest nuclear power station at Leibstadt will extend its outage for maintenance by eight weeks until Oct. 29, its operator said on Monday, after discovering discolouration in eight cladding tubes used to encase fuel rods.
Just 16,000 catenary trucks would use all of California's electricity with only 2400 to 8300 miles of overhead wires
Kuwait's Oil & Gas Sector Shrinks For Third Straight Year
Egypt plans to end fuel subsidies within three years: sources
Water shortages hit West Bank Palestinians, provoking war of words

## Got food? ##
Connecticut Encourages Solar Development At Expense of Farmland
Precious farmland is covered with silicon in a vain attempt to prop up industrial society with renewables. -- RF
Fast food prices up

## Lifestyle solutions ##
How To Build A 400 sqft Solar Powered Off Grid Cabin For $2000

## Environment/health ##
Huge Chunks Of Antarctica's Fourth-Largest Ice Shelf, Larsen C, Could Soon Collapse
Over 300 dead in India as floods force villagers into relief camps
New Study Shows How Clinging to Nuclear Power Means Climate Failure
Climate change will mean the end of national parks as we know them
'Next year or the year after, the Arctic will be free of ice'
Scientist Peter Wadhams believes the summer ice cover at the north pole is about to disappear, triggering even more rapid global warming
Zika could spread to other Gulf Coast states, health official warns
Images Show Zika's Destruction of Babies' Brains
Report Shows Whopping $8.8 Trillion Climate Tab Being Left for Next Generation
Study: Countries that support nuclear energy lag on climate targets

## Intelligence/security/internet/cyberwar ##
Despite billions spent on cybersecurity, companies aren't truly safe from hacks
Evidence points to another Snowden at the NSA
A Displeased Colin Powell Accuses Hillary Of "Trying To Pin" Email Scandal On His Advice
Private lives are exposed as WikiLeaks spills its secrets
Southeast Asia responds to terrorism with iron fist
Southeast Asian countries are introducing sweeping measures to expand government powers in the name of cracking down on terrorism, spurring criticism that the policies are mere tools to silence opponents.
Meet Michelle Marie, Ireland Twitter Account Controller, Who Was Trolled With Racist Comments
What the Heck Happened to Pokémon Go? — The "augmented reality" hype died.
This algorithm can hide messages in dance music
Your 'Smart' Power Outlets Are Now Botnets Thanks To The Internet Of Broken Things
Eye in the sky: Secret Cameras Record Baltimore's Every Move From Above
FBI Probing If "Russian Hackers" Breached The New York Times, News Agencies

## Propaganda/censorship ##
Nicholas Kristof: War Crimes Enabler
He wants US intervention – on the side of Islamist head-choppers
Propaganda for Syrian 'Regime Change'
Neocons and liberal hawks have poured millions of dollars into propaganda to justify "regime change" in Syria and are now desperate to keep the war going until President Hillary Clinton gets a chance to escalate.

## Systemic breakdown/collapse/unsustainability ##
What Are the Odds that the 2020-2022 Olympics Will Be Cancelled?
Obviously I'm not the only one who thinks the games are doomed. No one should be laughing at Brazil for the difficulties it experienced in hosting the games in a time of crisis. Consider it a preview. Staging the Olympics requires a colossal energy expenditure, and in an era of declining net energy, when countries cannot even maintain all their existing infrastructure, such extravaganzas will be among the first casualties. -- RF
Merkel Accused Of "Fearmongering" After Telling Germans To Stockpile Food "In Case Of Catastrophe"
Climate change effects on conflict, social unrest, health, mass migration, food, and national security
Detroit Has Gone From Being The Greatest Manufacturing City In The World To A Global Joke
Scary: Limits to Growth? 2016 United Nations report provides best evidence yet
If you want to know what causes wars, start here. -- RF

## Japan ##
Engel's coefficient rising in Japan
Japan's Elderly Face Growing Risk of Poverty
Declining wages and higher social welfare payments for an aging population are sapping funds available for retirees
'Sufficient chance' of more BOJ easing in September, Kuroda says
Trouble Looms for Japan Earnings After Worst Decline Since Quake
Tokyo prepares for 2020 Olympics, facing rising costs and new sports
Take a look at these escalating costs. And there are still four years to go. -- RF
Japan Inc not enthusiastic over Abe's stimulus, BOJ easing
Japan considers building more ships to patrol areas around Senkakus
Falling supermarket prices add to BOJ's woes
GPIF's stock holdings reveal its hand in nearly everything
Companies across Japan have a new name in their top 10 shareholder lists: the world's largest pension fund.
U.S. to deploy 16 F-35 stealth fighters at west Japan base next year
Japan plans $32.8 bil. extra budget for stimulus
Monetary policy has nationalized the Japan stock market
Japan is Willing to Cut Interest Rates Even Further Into Negative Territory
The First Victims Of The Libor Surge Have Emerged... In Japan

## China ##
China Builds First Military Base in Africa
Chinese city lauded as model of economic transformation struggling as nation's economy cools
China caught in 'dead money' trap as central bank pleads for fiscal stimulus
Xinjiang Teachers To Teach "Anti-Separatism" Curriculum
China's Hidden Underemployment Problem Unearthed
Smugglers brought seafood into China from waters off Fukushima, report says
It's Not A Cycle Nor Did "Stimulus" Work—–All The Answers Were There in 2012 China
China Plans To Slash Crude Demand By 250,000 Bpd
Study quantifies haze's role in China's urban heat island effect
China's Sichuan aims to cut coal output by 33 million tons

## UK ##
More than 1.5 million UK households in extreme debt, says TUC report
Britain in the Red study finds that people are struggling to make repayments as wages have fallen since financial crisis
Slavery reports rise fivefold, Salvation Army says
Best hospitals could buckle without emergency care funding boost
British government dismisses concerns about selling arms to Saudi Arabia
Steel crisis far from over as UK production plunges in face of global pressure
Poorer renters at risk from homelessness as benefit shortfall grows

## US ##
As Predicted, Obamacare Is Absolutely Killing The Middle Class
U.S. banks want to cut branches, but customers keep coming
How ObamaCare is splitting in two
This U.S. Bank Is About to Relive the 2008 Derivatives Nightmare
Why A Weak US Consumer Makes A Grim Outlook for the Economy, Stocks
$1.3 trillion in student loan debt is crippling retail sales growth
Bill Gates's Net Worth Hits $90 Billion: Chart
16,000 Files Vanish: Inspector General Says Army Has No Idea How It Spent $6.5 Trillion
It's hard to focus too much attention on the disappearance of $6.5 trillion. If my tax return is 6 yen off, the tax office will demand an explanation, and rightly so. Apparently there is such a thing as "too big to be held accountable." -- RF
Fed Admits Another $4 Trillion In QE Will Be Needed To Offset An "Economic Shock"
Chart Of The Day: The Great Divergence—–Productivity Versus Real Earnings
Mylan Execs Gave Themselves Raises As They Hiked EpiPen Prices
Proxy filings show that from 2007 to 2015, Mylan CEO Heather Bresch's total compensation went from $2,453,456 to $18,931,068, a 671 percent increase.
New Home Sales Surge…….Back To 1995 Levels!
Richmond Fed Manufacturing Disaster: Activity, New Orders, Shipments Plunge
These charts are flashing recession signals
California sale of carbon permits falls short
California sold just over one-third of the carbon permits it offered to cover emissions this year, receiving the minimum price at an auction last week, regulators of the state's cap-and-trade program said on Tuesday.
Something "Unexpected" Happened When Seattle Raised The Minimum Wage
High School Students' Test Results Are Being Sent to Military Recruiters Without Consent

## The candidates ##
A Clinton Family Value: 'Humanitarian' War
The transformation of the Democratic Party from the relative "peace party" to a belligerent "war party" occurred during Bill Clinton's presidency and is likely to resume if Hillary Clinton is elected.
Donald Trump's empire at least $650 million in debt
Trump's White Supremacist Factor
The darkest part of Donald Trump's presidential campaign is its white nationalist element with some white male supremacists seeing Trump as the way to protect their historical dominance of America.
As Clinton asks for money, what she says a remains a mystery
Clinton has refused to open her fundraisers to journalists, reversing nearly a decade of greater transparency in presidential campaigns and leaving the public guessing at what she's saying to some of her most powerful supporters.
FBI Discovered 15,000 Additional Undisclosed Hillary Clinton Emails
Racism and talk of religious war: Trump staff's online posts
From Soccer Stars To Bahrain Princes: New Emails Reveal Hillary Clinton Gave Special Access To Foundation Donors
Trump calls for special prosecutor to investigate Clinton Foundation
Hillary Clinton's 'Pivot' or 'Spin'?
To stave off Bernie Sanders, Hillary Clinton became a born-again progressive, critical of trade deals and tough on fracking, but her preparations for a presidential transition presage a pro-corporate and hawkish administration.
Consultant Raised Cash for Hillary Clinton, Used Access to Seek Meeting for Coal Giant, Emails Reveal
Many who met with Clinton as secretary of state donated to foundation
Trump's New Billionaire Backer Also Funds Huge Stockpile of Human Urine

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