Sunday, September 11, 2016


News Links, September 12, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Asia-Pacific commercial property investment drops 48%
Here's How Europe Implodes, Part 1: Italian Junk Bonds And The End Of Austerity
Hanjin bankruptcy: How low interest rates are brewing a shipping crisis worse than the 1980s
From steaks to furniture, Hanjin Shipping collapse to raise freight costs
Hanjin shipping crisis being felt by tech companies worldwide
Hanjin Marooning in San Pedro Bay
Hanjin Shipping gets US court order, cash to unload ships
German Exports Plunge 10% Overall, 14% to Non-EU Countries
Goldman Sachs Just Launched Project Fear in Italy
Here Come The Bombshells—–Chinese Billionaire Linked to Giant Aluminum Stockpile in Mexican Desert
Escape Velocity Challenge to Ambrose Evans-Pritchard
Germany's Finance Minister Blames ECB For German Trade Surplus; Why the Eurozone Will Destruct
Red Hot Junk and Massive Bond-Market Dislocations; Equity Smash Coming Up?
Belgium Mulls Action Against Caterpillar Over Plant Closure
Belgium's government is considering legal action against Caterpillar over the U.S. heavy equipment maker's decision to close a manufacturing site and lay off more than 2,000 workers.
Anti-gold wealth manager buys gold for the first time
Deutsche Bank says 35-year party is over for bond bulls — Global economy at 'inflection point'
Case for -2% Rates, Banning Cash? James Grant Blasts Lunatic Proposals
Police seize over 5,000 ounces of silver from man's home
U.S. national debt is more than all the world's physical cash, gold, silver, and bitcoin combined.
Greek premier pledges growth amid protests, austerity plans
Greece Presses Creditors for Better Debt Repayment Terms
Where have the jobs gone? Australians grapple with less work, low pay

## War on cash/cashless society ##
Cash Means Freedom, Which Is Why So Many Officials Hate It
No More $20 Bills? The Government's Latest Power Grab Is In Your Wallet

## Airline death spiral ##
British Airways flight diverted because of 'unruly' passenger
American Airlines to stop Birmingham Airport flights
US urges travelers not to use Galaxy Note 7 on flights
A WestJet flight from London to Edmonton diverted to Iceland on Saturday after the crew discovered a "potential mechanical issue," the Canadian airline said.
Why is everything an "issue" now? Don't people know any other nouns? -- RF

## Fault lines/flashpoints/powder kegs/military/war drums ##
UN Team Heard Claims of 'Staged' Chemical Attacks
A widely touted U.N. report accusing the Syrian government of two chlorine-gas attacks relied on shaky evidence and brushed aside witness testimony that claimed some incidents were staged.
Many world leaders and politicians appear to be psychopaths. NK has no monopoly on "out-of-control" leaders. -- RF
North Korea-South Korea War? Seoul Planning To Annihilate Pyongyang In Case Of Nuclear Attack Signs, Report Says
Netanyahu's Land-Grab Strategy
Behind the smokescreen of the broader Mideast chaos, Israel pursues a strategy of gobbling up Palestinian lands to establish de facto control of the West Bank while confining indigenous Arabs to isolated cantons.
North Korea's Understandable Fears
Official Washington is in full-throated fury over a new North Korean nuclear test, but fails to note that North Koreans face a vast array of U.S./South Korean military might, including potential U.S. nuclear weapons.
How Israel Stole the Bomb
When Israel launched a covert scheme to steal material and secrets to build a nuclear bomb, U.S. officials looked the other way and obstructed investigations.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Protest Targets Expo 'Spreading War on Our Communities'
Of course taxpayers end up footing the bill. -- RF

## Lifestyle solutions ##
Control What You Can

## Environment/health ##
Too many humans: The world's wilderness is disappearing
The untouched wilderness on this planet is disappearing — and disappearing fast. That's bad news, and not just because trees look nice: we depend on vast swathes of pristine nature to support diverse forms of life, to keep climate change at bay, and to ensure that local economies thrive.
To most modern humans, wilderness is an inhospitable, useless place badly in need of "development." -- RF
Includes video on shrinking size of animals. -- RF
To the JFK assassination and 9/11, add the crock-of-baloney OBL killing story. -- RF
Greenwashing Wars and the US Military

## Systemic breakdown/collapse/unsustainability ##
Infrastructure Spending And America's Ailing Power Grid
Seventy years! They'll run out of money long before that time elapses. Fully decommissioning Trawsfynydd in the UK is to take 90 years. The current governments of Japan and the UK might not even exist 70 or 90 years from now, and surely the involved electric utilities won't. Ultimately, no entity will be in a position to take responsibility. Yet, everyone just blithely assumes that governments and electric utilities are eternal, and will take care of this mess for us. This is just the beginning of the global nuclear power disaster. -- RF
What a waste, especially because the maglev will never be finished, anyway. -- RF

## China ##

## The candidates ##
Greasing the Outstretched Hands
Donald Trump with his tangled business dealings is a walking conflict of interest, but Hillary Clinton's connections to the world of high finance and political pull creates its own problems with outstretched palms.
Donald Trump Is Us
Pundits like to pretend that Donald Trump is some strange aberration in the American political-media process, but he is more like the illogical but logical result of a repudiation of rational thought.

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