Thursday, September 15, 2016


News Links, September 15, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Rock-Bottom Yields Dig Hole for Pensions
Gloom Descends on Luxury-Goods Industry
Canada: We must adapt to low growth
Vancouver Tax on Empty Homes to Target Near-Zero Rental Supply
Hanjin crisis brings new headache to U.S. importers; trailer shortage looms
Dubai World unit to cut "most of its staff"
Ford says 2017 performance will fall from 2016 levels as costs rise
Ford Announces "Go Further" Program, Moves Small Car Production to Mexico
Dow 100,000? Marc Faber Warns: Central Banks "Will Monetize Everything... Introduce Socialism"

## Airline death spiral ##
Flight Returns to JFK Airport Due to Disruptive Passenger
Race to the (seat) bottom
Safety recommendations unfulfilled 7 years after Flight 1549
Drama in skies as passenger creates ruckus on Indigo flight
Nigerian Arik Airline Shuts Down Operations As It Fuel Suppliers And Insurers Withdraw Services

## Fault lines/flashpoints/powder kegs/military/war drums ##
Western Nations Urge Libya General to Give up Oil Terminals

## Global unrest/mob rule/angry people/torches and pitchforks ##
Miami Beach Protesters Shout Down Zika Meeting Over Pesticide Use

## Energy/resources ##
IEA-EIA Oil-Glut Bomb
Study: Batteries Necessary To Support Solar Power Don't Exist
Nuclear sector aims to build 1,000 GW of new reactors by 2050-WNA
The world nuclear industry aims to build about 1,000 gigawatts of new nuclear reactor capacity by 2050, World Nuclear Association Director-general Agneta Rising said on Thursday.

## Got food? ##
Greater Jakarta, one of the world's most densely populated cities, sits on a swampy plain and is sinking at a faster rate than any other city in the world.

## Intelligence/security/internet/cyberwar ##
The Making of Hillary Clinton's Most Unwanted Viral Video
The US military made cheesy spy posters of Edward Snowden and Julian Assange for some reason

Getting Fooled on Iraq, Libya, Now Russia
After the British report exposing falsehoods to justify invading Iraq in 2003, a new U.K. inquiry found similar misconduct in the 2011 attack on Libya, but no lessons are learned for the West's new propaganda about Russia.
A good read. If you're in a hurry, just look at the "Ministry of Propaganda" graphic. As I've remarked many times, the US propaganda system is likely the world's best, but the populace is beginning to see through it. -- RF

## Systemic breakdown/collapse/unsustainability ##
How to Stop Capitalism's Deadly War With Nature

## Japan ##
Abandoned Japanese mall has no employees, but still one operating store selling just one item
Even if they managed to sell all the residential units in the region, the infrastructure facilities of the township will not be able to sustain a population larger than it is now. Local officials have clearly stated that it would be "unrealistic" to provide water for all, if emptied apartment and houses were occupied.
Here's What the Government Did With Your Social Security Money
Social Security is now collapsing under its own weight, and there's nothing anyone can do to stop it. Soon, the government will have no choice but to cut Social Security benefits... Fact: The Social Security trust fund has no money in it.
Back to school -- and back to defaults: High-yield defaults swell again as August slowdown was temporary blip
A slowdown in defaults in the U.S. high-yield, or "junk" bond market in August has turned out to be a temporary blip, with September's missed payments ramping back up to the worrying pace seen earlier in the year.

## The candidates ##

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