Thursday, September 29, 2016


News Links, September 30, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
EU Banking Mayhem, One Bank at a Time, then All at Once
The Endpoint of Automation — For companies, it's just a question of money
Just remember: The ultimate "endpoint of automation" is when the lights go out. -- RF
Canadians are just $200 away from being overwhelmed by debt, new survey finds
Revealed: the city with a bigger property bubble than London
How gold came to South Korea's rescue
'Debt binge' will implode world financial system, Embry says
German government prepare Deutsche Bank rescue plan: Die Zeit
Turkey Contemplates Buying Deutsche Bank
The Loophole for Deutsche Bank's Bailout: Game almost Over?
The Run Begins: Deutsche Bank Hedge Fund Clients Withdraw Excess Cash
"Russian Roulette" - Credit Suisse CEO Admits "EU Banks Not Really Investable"
Saudi Arabia Is Showing Signs of Financial Strain
THE TOP FOUR PRECIOUS METALS: Which Will Be The Best Investments During The Next Financial Crash
9/11 Bill Crashes Saudi Stock Exchange, Bond Market Ambitions
Fines, Withdrawals, Job Cuts. It Was an Ugly Day for Global Banks

## Cut, baby, cut! ##
Novo Nordisk to ax 1,000 jobs in cost-cutting drive
Commerzbank Plans 9,600 Job Cuts in Biggest Overhaul Since Bailout

## Airline death spiral ##
Drone Fly-by Closes Dubai's Busy Airport for a Half Hour
Air rage incidents reported by airlines on the rise
There were 10,854 air rage incidents reported by airlines worldwide last year, up from 9,316 incidents in 2014, according to the International Air Transport Association.
Air Berlin plans 1,200 job cuts, hands 40 jets to Lufthansa
Fewer flight delays in future? Nasa signs deal to help China improve air traffic management

## Fault lines/flashpoints/powder kegs/military/war drums ##
Sweden to reintroduce military service
U.S. sending 615 new troops to Iraq
'US knows weapons sent to Syrian rebels end up with terrorists' – German journo to RT
Al-Qaeda: 'America Is On Our Side'
Non-Nuclear States Advance Push for UN Treaty to Ban Nukes
South Korea Planning For Laser Air Defense System To Shoot Down North Korea's UAVs: Report
India leads pull-out from summit hosted by Pakistan
India-Pakistan War? 'Surgical Strikes' Escalate Tensions Along Border Between Hostile South Asian Neighbors
9/11 bill allowing lawsuits against Saudi Arabia, others survives Obama veto
Fighter Jet Sales to Gulf Allies Backed by U.S. After a Wait
US To Suspend Syria Diplomacy With Russia, Prepares "Military Options"
Catalonia leader promises 2017 independence referendum
U.S. to deploy anti-missile THAAD system to South Korea 'as soon as possible'
THAAD In Korean Peninsula: New Location For Missile System To Be Announced By South Korea
Japan, U.S. sign new logistics pact in line with wider SDF role
Philippines' Duterte to scrap future war games with U.S. troops
White House Approves Jet Sales to Qatar, Bahrain and Kuwait
U.S. Military Is Building a $100 Million Drone Base in Africa
How the US Armed-up Syrian Jihadists
The West blames Russia for the bloody mess in Syria, but U.S. Special Forces saw close up how the chaotic U.S. policy of aiding Syrian jihadists enabled Al Qaeda and ISIS to rip Syria apart.

## Migrants/refugees ##
Danish far-right group's 'anti-migrant spray' draws ire

## Global unrest/mob rule/angry people/torches and pitchforks ##
Thousands of women storm Saudi King's office demanding basic freedoms
Protesters chant 'murder' in police shooting of black man in California
Hundreds of Cops Divert and Foil Thousands of Protesters Outside NY Presidential Debate
Thousands of Indonesian workers protest tax amnesty
Officer points gun at protester as Dakota Access pipeline clashes continue
21 Dakota Access Pipeline Protesters Arrested

## Energy/resources ##
Lightning storms knock out power to entire Australian state
Oil bankruptcies: 100 down, maybe 100 more to go
OPEC Agrees to Crude Production Cut
Ontario cancels $3.8 billion in renewable energy contracts
Statewide blackout in Australia raises questions over renewable energy
Effects of biodiesel on diesel engines: John Deere

## Got food? ##
Grocery Prices Are Plunging (US)
Thanks to deflationary collapse. Meanwhile, farmers are struggling with costs. -- RF
Farmers cutting costs as profits fall
Farmers are cutting costs, dipping into savings, or going further into debt.
My crystal ball shows a lot of shocked, hungry Americans in the future. -- RF
75,000 Could Starve to Death in Nigeria After Boko Haram: UN

## Environment/health ##
Climate Change: Earth's Atmospheric CO2 Levels Have Permanently Crossed The 400 PPM Red Line
Earth 'Locked Into' Hitting Temperatures Not Seen in 2 Million Years: Study
Miami's Zika Search Turns Up Another Virus: Dengue
The cost of cheap drugs? Toxic Indian lake is 'superbug hotspot'
Single clothes wash may release 700,000 microplastic fibres, study finds
Tiny plastic particles released by synthetic fabrics can cause harm to marine life when they enter rivers and oceans
Restore wild bison
Climate Change Will Cripple Coastal Septic Systems

## Intelligence/security/internet/cyberwar ##
Across US, police officers abuse confidential databases
Police officers across the country misuse confidential law enforcement databases to get information on romantic partners, business associates, neighbors, journalists and others for reasons that have nothing to do with daily police work, an Associated Press investigation has found.
Apple Logs Your iMessage Contacts — and May Share Them With Police
Yahoo Hacked by Criminals, Not State Sponsor, Security Firm Says
Madness Swirls at House Judiciary Committee as Comey Attempts to Justify Hillary Innocence
US Government Creates a Fake Expert, Won't Release Files on Him Because Privacy
Even online jokes could land Chinese citizens in trouble
Obama says 9/11 legislation sets 'dangerous precedent'
The stated problem is a relatively minor concern. What really worries the US government is that if people are put on the witness stand under oath, questioning could produce some explosive evidence against Americans. -- RF
Energy sector addressing cybersecurity threats

## Propaganda/censorship ##
The Official and Implausible MH-17 Scenario
Another problem with the new report blaming Russia for the Malaysia Airlines Flight 17 shoot-down is the bizarre route that the investigators say the Buk missile battery took, a wild ride that made no sense.
Troubling Gaps in the New MH-17 Report
The new accusation of Russian complicity in 2014 Malaysia Airlines shootdown was based on Ukrainian intelligence intercepts that were selectively interpreted while contrary information was ignored.
US Foreign Policy Elite vs. the Evil One
The crème de la U.S. foreign policy establishment gathered in Texas last week, reaffirming at a friendly conclave the need for their skillful stewardship of the national security state.

## Systemic breakdown/collapse/unsustainability ##
South Korea to widen Takata air bag recall by 110,000 vehicles
Video of the Day – Why Garbagemen Should Earn More Than Bankers
Microsoft says QWERTY keyboards 'will die out' in the near future
I predict that typewriters will make a comeback. -- RF
The Coming of the Postliberal Era

## Japan ##
IMF Sees Japan Inc.'s Cash Hoard as Excessive and Wages Too Low
Forget China — Japan's economy is scarier
Japan reactor makers consider merging to counter foreign rivals
Japan Medical Expenses Rise to Record 40.8 T. Yen in FY 2014
Japan's Abandoned 'Dreamland' Theme Park Is Not For The Faint Of Heart
Japan falls to 8th in global competitiveness
Tokyo panel: Olympic cost could expand fourfold
A Tokyo government panel says the cost of hosting the 2020 Tokyo Olympics and Paralympics could quadruple from the original estimate to over 3 trillion yen, or about 30 billion dollars.
The warning bells are already ringing. -- RF
Japan to import 4,000 tons of butter
Heavy rains stall assessment of frozen wall at Fukushima plant
New Wind Turbines Could Power Japan for 50 Years After a Single Typhoon
Storing 50 years' worth of energy is going to be a real challenge. -- RF

## China ##
Postal Savings Bank of China IPO goes over like a wet firecracker
China Wants GMOs. The Chinese People Don't.
Massive Chinese Debt And Why They Are On A Gold Buying Binge!
China's richest man warns of 'the biggest bubble in history'
"It's A Lot More Negative Than People Think" - China Beige Book Issues Stark Warning About The Economy
GDP Is A Poor Indicator Of The Chinese Economy
More Chinese firms under probe for violating sanctions against North Korea: United States
China's massive Pacific air force drill just the start of even bigger shows of might against US, experts predict
China's Red-Hot Property Market Risks Missing Lessons From Japan's Crash
U.S. Aluminum Producers Step Up Calls for China Policy Probe
China may be stockpiling more oil than anyone realized
China to set up no-coal zones in cities around Beijing to tackle hazardous smog
Vast Majority of Newcomers to Beijing Want to Turn Around and Leave

## UK ##
Robots Will Soon Take Over Building London Skyscrapers Says CEO of Large UK Construction Firm
Elderly people sent home from hospital in dead of night amid fundamental breakdown in system
Homelessness crisis reaches new high as 19,000 private renters forced onto streets in just one year
UK Government Says Smart Meters Can Definitely Be Trusted Because GCHQ Designed Their Security
Wolseley cuts 800 more jobs as profits dip
UK government works 'hand in glove' with arms firms, say campaigners
Born in early 80s? Then you're half as wealthy as 1970s' children, says IFS
And the primary reason is net energy decline. -- RF
Gang of 27 Hits UK with Impossible Demands: EU Seeks "Inferior" Deal for UK, Spain Wants Gibraltar
UK coal power falls to record low

## US ##
Sucker Punch On Main Street—–Disturbing Facts About The Fed's Phony Housing "Recovery"
Are The 'Invisible Americans' the Key Players in This Election?
U.S. Corporations Side With Saudi Arabia Against the American People Over 9/11 Victims Bill
Wells Fargo CEO forfeits millions as board orders review
Sinkhole City Chicago in Worse Fiscal Shape than Detroit?
As Chicago Staunches Fiscal Bleed, Schools Are Awash in Red Ink
California Suspends Some Wells Fargo Business Amid Scandal
GDPNow 3rd Quarter Estimate Ticks Down to 2.8%: Looking Ahead, What's in Store for the Forecasts
Final Q2 GDP Comes At 1.4%: US Set To Grow At Slowest Pace Since Financial Crisis
Flat durable-goods orders point to manufacturing woes
Conspiracy Theorists Were Right — Congress to Expand TSA in Other Forms of Travel Like Bus & Train
Wells Fargo Getting Clocked by California: What, No Perp-Walk?
Man Fatally Shot by California Cop Had Vape Smoking Device: Police
FBI, DOJ And Their Forensic Scientists State They'll Continue Using Discredited Junk Science To Put People Behind Bars
46 California Cities Join Rush To Impose 'Netflix Tax'
Heavy Truck Sales vs. GDP: Sales Plunged 29% in August from Year Ago
Earnings rebound looks less likely as profit and sales warnings pile up
With Governor Brown's signature, California joins the attack on BDS

## The candidates ##
Who Lost Last Night's Presidential Debate? America Did
The Debate: Trump's Three Points for Peace — Hillary's globaloney vs. Trump's "America First"
The Great Debate That Never Was
If the Green Party's Jill Stein had been allowed in this week's presidential debate, it would have transformed the discussion and altered the race. That's why Democrats and Republicans kept it a duopoly-only affair. "The only circumstances in which either Trump or Clinton can muster a minimally compelling argument, is against each other."
Clinton, Trump Offer Little Insight into Energy Policies
That's because they're both total ignoramuses when it comes to energy. -- RF
Chart Of The Day: Why The Clinton Campaign Is In Full-On Panic Mode
'You Shouldn't Listen to Me' – Here's What Bernie Sanders Said About Voting for Hillary Clinton
And now he's telling everyone to vote for her. Go figure. -- RF
Arizona Republic receives death threats after Clinton endorsement
Lesser evilism: Quote of the Day – Hunter S. Thomson's Prescient 1972 Warning
Did Trump Support the Iraq War or Not?
Wisconsin Is Systematically Failing to Provide the Photo IDs Required to Vote in November
How Reuters "Tweaked" Its Latest Poll (Again) To Show A Clinton Lead

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