Friday, August 05, 2016


News Links, August 5, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Gold, up 29% in 2016, could be headed here next
Gold finishes at more than 2-year high
One in five company bonds bought by ECB yielded less than zero
European stocks end in the red as Commerzbank, Italian banks slide
"The Deals Are Collapsing" - Vancouver's Housing Bubble Has Burst
Housing bubble: Whiff of Panic among Australia's Biggest Banks?
What Happens When Rampant Asset Inflation Ends?
Could Inflation Break the Back of the Status Quo?
Here's another sign funding has slowed in Silicon Valley
Who is Most Dependent on China?
Saudi construction firms call for creation of 'contractors bank'
Contractors in Saudi Arabia have called for the creation of a dedicated bank to help finance their projects amid a slowdown in government payments.
Top Indian Official: Saudi Arabia to Help Stranded Workers
A top Indian official who arrived in Saudi Arabia on Wednesday to meet with the labor minister said the kingdom will provide airfares for thousands of Indian laborers who say they have not been paid their salaries in months and are stranded with no way out of the country.
Big Events Coming & 1 Oz Silver Buys 6 Months Of Food In Venezuela

## Cut, baby, cut! ##
Office Depot to shut another 300 stores; initiates dividend

## War on cash/cashless society ##
Here comes the mandatory Bitcoin database

## Airline death spiral ##
'Don't put your hands on my flight attendant,' American Airlines pilot yells before tackling passenger
Exposed: German Air Passengers' Data Easily Accessible Since 2011
Millions of credit card numbers and flight data belonging to airline passengers have been vulnerable and easy to access since 2011 due to online security gaps revealed at Germany's largest wholesale ticket dealer.

## Fault lines/flashpoints/powder kegs/military/war drums ##
North Korea fires ballistic missile into Japanese waters
US Air Force Secretary Skeptical of No-First-Use Nuclear Policy
Air Force Secretary Deborah Lee James would be "concerned" if the US implemented a formal no-first-use policy for nuclear weapons, at a time when the White House reportedly is considering such a move.
The Mystery of Turkey's Failed Coup
The failed Turkish coup and President Erdogan's harsh reprisals have left more questions than answers, including who was really behind the botched putsch and why.
Norway Losing Oil and Gas Revenue
Revenue in the first six months of 2016 from Norway's oil and gas fields to the state has fallen 29 percent compared to the first half of 2015, according to information from Petoro AS on Thursday.
It is quite possible, but it's also just fantasizing to believe that renewables can replace fossil fuels. -- RF
Big business creeps into agriculture as farmers dwindle (Japan)

## Environment/health ##
An Electronic Silent Spring: FCC and 5G

## Intelligence/security/internet/cyberwar ##
Security Expert: Solar Panels Are Extremely Easy To Hack
The experts found that a malicious hacker can easily knock solar panels offline, cause them to intentionally overheat or shut down entirely. Some hacking can even use solar panels to cause physical damage in the real world.
Japan solar power bankruptcies to hit record this year -research firm
There were 31 bankruptcies at companies dealing with solar power generation for the six months through June, a 24 percent jump from the same period a year ago, according to Tokyo Shoko Research.
Pump, baby, pump! -- RF

## UK ##

## The candidates ##
Some Republicans have said Clinton should be denied access to such briefings because of her handling of classified material on a private email server while she was secretary of state.
Where Donald Trump Makes Sense
Donald Trump's narcissistic ravings have drawn widespread ridicule and contempt, but his rejection of Washington's neocon foreign policy orthodoxy is a valuable contribution to the public debate.
The Danger of Excessive Trump Bashing
The prospect of Donald Trump in the White House alarms many people but bashing him over his contrarian views on NATO and U.S.-Russian relations could set the stage for disasters under President Hillary Clinton.

And finally...
Not "The Onion": Argentina's Fernandez Says She Deserves A Nobel Prize In Economics

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