Thursday, August 25, 2016


News Links, August 26, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
World Trade Falls for Second Quarter in a Row — Decade of Stagnation of Industrial Production in the US, Japan, EU
Study: Canadians spend more on taxes than basic needs
Global youth unemployment set to rise for first time in three years: Study
Mongolia's Meltdown Won't Be Saved by a Mining Revival Yet
Largest Saudi Bank Crashes To Record Low
"Central Banks Now Own $25 Trillion Of Financial Assets"
Merkel Tells Renzi He Can't Bend Euro Rules to Boost Growth
Nigerian banks are being barred from forex trading as a dollar crunch worsens
Why marine credit managers are losing sleep
Hedge Funds Suffer Worst Outflows since Financial Crisis — 2016 may see second-highest redemptions in history!
How Long Will It Take for the ECB to Own All Sovereign Debt of Spain, Germany, France?
French support for the EU project is crumbling on the Left and Right
Four more mega-banks join the anti-dollar alliance

## War on cash/cashless society ##
The War on Cash
'Cashless society' is a euphemism for the "ask-your-banks-for-permission-to-pay society".
The Blessing Of Cash—And Why Central Bankers And Statist Planners Hate It

## Airline death spiral ##
TSA says record 81 guns found in passengers' carry-on bags last week
The agency said 70 were loaded and 11 were unloaded. Of the 70 loaded, 31 had a live round in the chamber ready to fire.
TSA hassles 9-year-old boy with pacemaker, 4 heart defects
Trio forced off easyJet plane over false claims they support Isis
Glitches Are The Number One Cause of Airline Delays
Power outage briefly halts flights to Miami, nearby airports: FAA
Legroom on Most Major Airlines, Compared in One GIF
ANA to cancel hundreds of Dreamliner flights for engine glitch

## Fault lines/flashpoints/powder kegs/military/war drums ##
North Korea Fires Ballistic Missile From Submarine, Again
Vladimir Putin offers Middle East peace talks for Israel, Palestinians
Colombia, Rebels Say They Have Reached Historic Peace Deal
Iran vessels make 'high speed intercept' of U.S. ship: U.S. official
US Navy Fires Warning Shots at Iranian Boat
Gunmen attack American university in Kabul, students flee
US Urges Citizens In Afghanistan To Leave Country
State Department Urges US Citizens To Leave Gaza "As Soon As Possible"
Turning down the heat: China and Japan agree to cool tensions over the East China Sea
Kurds, Not ISIS, Are Turkey's Real Target in Syria Invasion
Russia Downplays Conflict With US Over Syria Weapons Report
Russia backs 48-hour Aleppo truce, U.N. wants other sides to commit
Pentagon Has No Idea Where Hundreds of Thousands of Guns Went in Iraq and Afghanistan
How Obama Is Enabling the Next President to Launch Illegal Wars
DOD Science Board Recommends "Immediate Action" to Counter Enemy AI
What Israel's Actions Have Wrought
Israel's repression of the Palestinians is often rationalized by the historical abuse of the Jews, but Israel's misconduct is having the disturbing effect of stirring up new anti-Semitism.

## Migrants/refugees ##
Bulgaria seeks closer ties with Turkey to tackle migrant inflow
Is Germany protecting its neo-Nazis? Immigrant murders reveal a blind spot
For more than a decade, German police refused to consider the possibility that neo-Nazis were killing Turkish immigrants, even after the FBI suggested that was the obvious answer to a string of murders. Then the plotters, tired of being ignored, outed themselves, revealing something beyond incompetence – the killers appear to have been subsidized by the German police themselves.

## Global unrest/mob rule/angry people/torches and pitchforks ##
1 killed, 29 wounded as bombs hit southern Thailand
If methane hydrates are so good, why are they finally getting attention now? For that matter, if tight oil and gas are so fantastic, why didn't we exploit them long ago? The reason is that they're not so good. Conventional sources are much better, and that's why we went for them first. As with any resource, we extract the easily accessible, high-quality resources first, and then move on to the junk. -- RF
Dismal time for Gulf oil = record low lease bidding
The federal government's annual sale of oil and gas leases in the Gulf of Mexico attracted hardly any interest on Wednesday, reflecting a dismal outlook for offshore drilling.

Man-made warming dates back almost 200 years: study
Man-made greenhouse gases began to nudge up the Earth's temperatures almost 200 years ago as the Industrial Revolution gathered pace, far earlier than previously thought, scientists said on Wednesday.
And it's done with lots of fossil fuels. -- RF

## Intelligence/security/internet/cyberwar ##
The Bogus 'Humanitarian' War on Serbia
NATO's war on Serbia in 1999 was the template for other "humanitarian" wars – in Iraq, Libya and now Syria – but it wasn't "news" when the Serbian leader was cleared.

## Systemic breakdown/collapse/unsustainability ##
Total Societal Collapse: What the Media Isn't Telling You About Venezuela
A mega-disaster in the making. -- RF

Rates down, inflation up: it's 'never been worse' for cash savers

## US ##
The Stock Market 2015-2016: Ugly Chopfest with an Equally Ugly Megaphone

## The candidates ##
Clintonite Conspiracy Theories
Hillary Clinton's agents warn darkly of "conspiracy theories" that might trip up her presidential bid. What they really fear is the release of more damaging facts in the next round of Wikileaks documents.

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