Tuesday, August 30, 2016


News Links, August 31, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Banks are preparing for an 'economic nuclear winter'
Fear Spreads of a Housing Crash in Canada
A 'private, global super court' you've never heard of is changing the world
A little-known international arbitration system is gaining global power and allowing multinational corporations to sue entire countries.
Singapore's surge in Zika cases amplifies economic fears
Norway Raids Sovereign Wealth Fund To Cover Government Expenses
South Korea girds for housing glut
Central Banks = Welfare for the Wealthy
The grudging admission that central bank policies have enriched the rich while failing to benefit the bottom 95% is a breakthrough--the stone wall of denial has finally been pierced.
'Another Day, Another Death Knell' for TTIP as France Calls for End of Talks
Swiss Central Bank Holds $129 Billion in Equities, Owns More Public Shares of Facebook Than Zuckerberg
World's Top Performing Fund Is Running Out of Good Stocks to Buy
Euro zone monthly economic sentiment falls more than expected
Greek GDP contraction in H1 was worse than thought
Germans "Lose Faith In Banks", Rush To Buy Safes
Diving for answers: What's happened to Dubai Pearl?
Negative interest rates could become the norm in downturns, warns ECB

## War on cash/cashless society ##
New digital currency Monero spikes after giving criminals more secrecy
War On Cash: Discontinue Professor Rogoff's Stupid Commentary, Not the $100 Bill

## Airline death spiral ##
'Loud Noises' Causes Panic At Los Angeles Airport; No Shooting: Police
Alaska Air: Unruly passenger tries to open door, forces Seattle-bound jet to divert
Hackers can hijack aircraft using WiFi network, warns aviation expert
Shooting scares at JFK and LAX have exposed a gaping hole in airport security
Japan's ANA says replacing 787 aircraft engine parts could take two to three years
For The First Time Since The Recession, Boeing Won't Raise Airplane Prices Due To Plunge In Demand

## Fault lines/flashpoints/powder kegs/military/war drums ##
Iran Deploys S-300 Missiles To Nuclear Site, To Construct Two More Nuclear Power Plants
The new plants will likely not be built. But Iran, just like every other country, mistakenly believes it will have the money to decommission the plants when that time comes. -- RF
Russia To Test-Fire S-300, S-400 Missile Systems In Military Exercise Involving 4,000 Troops
New Russian cruise missiles to hit targets from 130,000 feet
The Fat Lady Sings—–The Decline And Fall Of The American Empire
Rockets hit Saudi border town as Yemen war flares anew
Israel pushing into West Bank, ignoring pleas from U.S., U.N., EU, Russia
Israel's settlements in the West Bank have expanded in the past two months despite the diplomatic quartet of the United States, the United Nations, the European Union and Russia calling for a halt to construction of Jewish housing on Palestinian land, a United Nations envoy said Monday.
Obama's Imperial Mideast Policy Unravels
President Obama's Mideast policy is such a confusing mess that he is now supporting Turkey's invasion of northern Syria although it's primary target is not ISIS but another U.S. ally, the Kurds.
South Korea Seeks Indigenous Missile Defense System To Deal With North, Raises 2017 Defense Budget
Three US Allies Now Fighting Against Each Other in Northern Syria
Turkey Slams US Comments That Its Bombing Of US Allies "Is Unacceptable" Are "Unacceptable"
US Seeking Global Armed Drone Export Rules

Only 1,299,946 more jobs to find! -- RF

## Energy/resources ##
Virtually limitless energy forever.
Just for the sake of argument, let's say they are successful and we get "limitless" energy (of course it'll be "too cheap to meter," right?). I would like you, dear reader, to place your hand on your computer now. Feel that heat? That's the waste heat we produce whenever we use energy. If we had unlimited energy, we'd be using a lot more of it, and for things we've so far only dreamed about. Just imagine having heated streets and sidewalks — no more snow shoveling! Now imagine what all that added heat would do to our planet. Carbon-free is great, isn't it? -- RF
Recent reports show that discoveries of new oil reserves have dropped to their lowest level for more than 60 years. The chief of one of the world's largest diversified natural resources companies implied that this could potentially cause supply shortages.
Pemex Security Officers Caught Red-Handed At Fuel Pipeline
Five security officers in the employment of Mexico's state oil company Pemex were caught siphoning fuel from a pipeline in the state of Veracruz as the country struggles to contain pipeline theft that is burgeoning out of control.
Nuclear power: the gift that keeps on giving. -- RF
At San Onofre, spent nuclear fuel is getting special tomb
Australian State To Permanently Ban Onshore Gas Fracking

## Got food? ##
UAE residents throw away $4 billion in food every year
Food waste will stop when food imports do. -- RF
Monsanto, temptation and some 'adolescent' farmers (on the dangers of herbicide drift)
Too many humans chasing too few fish. -- RF
This is serious. -- RF

Record crowds aren't always rosy for the National Park Service
Record visitor numbers at the nation's first national park have transformed its annual summer rush into a sometimes-dangerous frenzy, with selfie-taking tourists routinely breaking park rules and getting too close to Yellowstone's storied elk herds, grizzly bears, wolves and bison.
Too many humans chasing too little nature. -- RF
But 12 years after the Roundtable on Sustainable Palm Oil set its standards, just 17 percent of world supply is certified, and dozens of companies have been cited for violations.

## Intelligence/security/internet/cyberwar ##
Secret commands in online videos could hack your smartphone

All masterminded by Vladimir Putin! -- RF

## Systemic breakdown/collapse/unsustainability ##
August most violent month in Chicago in nearly 20 years

That's the view of some analysts who say the central bank may start buying bonds of local governments and public corporations that fund such projects after its Sept. 20-21 meeting.

## UK ##

## US ##
America The Debt Pig: We Are A 'Buy Now, Pay Later' Society – And 'Pay Later' Is Rapidly Approaching
Debt expansion is normally needed for economic expansion, which is pretty scarce these days. But more than that, an increasing amount of debt is needed to compensate for net energy decline. It's a losing battle. -- RF
Borrowers aren't making payments and are taking longer to repay their loans.
Student loans — or virtually any loans, for that matter — are now losing bets on the continuance of a high-net-energy economy. As the net energy available to society lessens, borrowers find it increasingly difficult to pay back their loans. Barring the discovery of some cheap, highly dense form of energy to replace fossil fuels, it's all downhill from here. -- RF
FBI detects breaches against two state voter systems
The Federal Bureau of Investigation has found breaches in Illinois and Arizona's voter registration databases and is urging states to increase computer security ahead of the Nov. 8 presidential election, according to a U.S. official familiar with the probe.

## The candidates ##
Based on this analytic structure, Trump may not just win the election in November--he might win by a landslide.

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