Sunday, October 30, 2016


News Links, October 31, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
The gap between poor and rich regions in Europe is widening
"Global Economy Is Not Improving" - Anxious CEOs Blame Poor Data On Weak US Consumer
Singapore's Spreading Oil Slick
Oil is still causing Singapore banks to lose their footing. Two of the city-state's three biggest lenders posted another spike in nonperforming loans last week because of souring advances to energy companies. Given the rate of deterioration, it may be wishful thinking to predict the worst is behind them.
Collapse is going to be especially hard on places like Singapore, which basically has nothing but a lot of mouths to feed. Dubai is another example. -- RF
Private-Jet Forecast Cut by 600 Planes as Slow Growth Zaps Sales
Business-jet deliveries are dropping and won't rebound before 2018, according to a benchmark forecast of corporate aircraft demand over the next decade.
Proof The Gold Price Based On Cost, Not Supply & Demand
The notion that the gold price is based on the economics of "Supply & Demand" turns out to be incorrect as the cost of production is the leading factor.  This is also true for most commodities and energy.

## Cut, baby, cut! ##
VW HR chief says expects five-digit number of job cuts: FAZ

## War on cash/cashless society ##
A sneak peek at the glorious future of the cashless society. Interestingly, the article notes that stores were accepting cash payments while waiting for the crash to be fixed. -- RF
With Zcash Launch, Blockchain Enters the Age of Anonymity
Although introduction of new technology (in this case, RFID tagging) is supposed to usher in greater efficiency, in reality we are past the point where this happens. Instead, adding more technology becomes a drag on the system. -- RF
Japan Airlines' operating profit slides 20%

## Fault lines/flashpoints/powder kegs/military/war drums ##
U.S.-Russian Military Communications on Syria a Work in Progress
The De Facto US/Al Qaeda Alliance
Spain Gets New Government, but Will It Be Able to Govern?

## Migrants/refugees ##
European Union Offers a Million Debit Cards for Syrian Refugees in Turkey

## Global unrest/mob rule/angry people/torches and pitchforks ##
Tribe vows to fight North Dakota pipeline through winter
The Passion Behind Standing Rock Protest (interview with Native American activist Bill Means)
It's getting increasingly obvious that this price crash hurt oil supermajors more than previous crashes. Perhaps this is only natural: the amount of new discoveries made every year will decline over the decades, as oil is, sadly for many, finite. What's more, however, these supermajors had been splashing growing amounts of money on new exploration, the results of which have only been getting worse.
It's the age-old story of exploitation, and it applies worldwide. -- RF
Why the Truth Might Get You Fired
The tension between intelligence analysts and political policymakers has always been between honest assessments and desired results, with the latter often overwhelming the former, as in the Iraq War.

Alien UFO Invasion Will 'Save Earth from World War III': Latest Conspiracy Theory Shows People Really Want To Believe In Extraterrestrial Life
Although I have no inside information on this, I think it's unlikely that an alien armada on its way to Earth has been detected, and even if there was such a thing, a planetary missile-defense system would be useless in stopping such technologically advanced invaders. However, I don't see how this is a "conspiracy theory." Presumably, no Earthlings are in on the invasion plan. The real purpose of this article in its inappropriate use of the term "conspiracy theory" is to ridicule people who don't trust government/media propaganda by linking them with alien invasion believers. "No credible news outlet has covered the story," states the article in an authoritative tone, suggesting that purveyors of "credible" news avoid anything that doesn't ring true. But actually those "credible" news organizations slant, hide, misinform, alarm, and tell outright lies. Remember Iraq's fearsome arsenal of WMDs? It was "credible" news organizations that spread this propaganda. And now according to those same media, Russia is the world's bogeyman, and Putin has horns. Of course I link to many mainstream media articles here, but savvy readers know they must read with care. -- RF

## Systemic breakdown/collapse/unsustainability ##
The US spent billions building roads in Afghanistan; now many of them are beyond repair

## Japan ##
UK hospitality sector set to overtake manufacturing in 'march of the waiters'
UK manufacturing has declined to such an extent that it is now neck and neck in employment figures with bar, hotel and restaurant jobs.
As late as 1980, families comprised only 1 percent of the homeless population. That number is now 37 percent.
Prices skyrocket for middle class goods and services.

## The candidates ##
And $630,000 to get more Facebook likes on State Department pages. Are they that desperate for likes? -- RF
Clinton, Inc., is dishonest, above the law, on the take.
China Laughs, Says US Choosing Between 'A Crazy Guy' And 'A Swindler'
Certainly, America's one-party system gives democracy a bad name. -- RF
In fact, their authenticity can be proved, as pointed out recently. -- RF

Friday, October 28, 2016


News Links, October 29, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Profitability still a lost cause for most dry bulk ship owners
World trade growth has ground to a halt as the commodity price slump hits economic growth in emerging markets and with it their demand for imported industrial equipment, supplies and consumer goods.
Zhejiang Ocean Shipping declared bankrupt
The Disaster of Inflation--For the Bottom 95%
Central banks are obsessed with boosting inflation, but the "why inflation is good" arguments make no sense for households being ravaged by inflation.
EVs will Crush Jobs in Auto Manufacturing, VW Warns

## Airline death spiral ##
Mid-air scares on the rise, study shows
From drunken brawls to bird strikes in the sky, mid-air scares are happening more often.  NBC Charlotte obtained a list of aircraft incidents from the Federal Aviation Administration. When combing through documents, our investigation uncovered shocking statistics anyone flying should know about.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Yemen's Houthis launch missile toward Saudi holy city
U.N. votes to start negotiating global nuclear weapons ban
The proposal was opposed by all nine countries that have nuclear weapons, including the United States.
Good luck with that. -- RF
What a joke! We are supposed to believe that Russia got the boot because of human rights abuses, but on the council are the US, the world's biggest hacker and government-toppler, and, in the words of MLK, "the greatest purveyor of violence in the world today"; the medieval Kingdom of Saudi Arabia, whose inclusion, as explained by the article, "was a foregone conclusion since it was running unopposed for its regional seat"; and the Orwellian police state of China. -- RF
Tribe vows to continue N. Dakota pipeline fight despite arrests
EU lifts cap on Gazprom's use of Nord Stream pipeline link
The European Union has lifted a cap on Gazprom's use of the Opal pipeline in Germany which takes gas from its Nord Stream Baltic Sea pipeline to end-users in Germany and the Czech Republic, opening the way for Russia to expand Nord Stream's capacity and bypass Ukraine as a gas transit route.
The top threat to wildlife is habitat loss and degradation, driven primarily by increasing demand for food and energy. According to the report, global food production is the leading cause for destruction of habitats and overexploitation of wildlife. Agriculture currently occupies approximately one-third of Earth's total land area and accounts for 70 percent of all freshwater use.
Too many humans. -- RF

## Propaganda/censorship ##
Selling 'Regime Change' Wars to the Masses
Propaganda is now such a pervasive part of Western governance that any foreign leader who resists the prevailing power structure can be turned into a demon and made a target of a "regime change" war.

## Systemic breakdown/collapse/unsustainability ##
Bureaucratic Insanity is Progressing
Here's a good indicator of how the social order of late industrial society is unraveling, and the desperate reaction to it. -- RF

## Japan ##

Chinese State-Owned Shipping Company Declared Bankrupt
Zhejiang Ocean Shipping liquidated after struggling to repay debts of 8.45 billion yuan
Number of insolvencies jumps by a fifth in England and Wales

## US ##
More Evidence Emerges Proving What a Shameless, Crony Fraud Evan Bayh Is

## The candidates ##
My reading of the statement is that it implies something, specifically that demonstrators should be allowed to demonstrate as long as they stay out of the way of the pipeline construction workers. But read it and make up your own mind. -- RF

And finally...

Thursday, October 27, 2016


News Links, October 28, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Bond Sale Gives Austria a 70-Year Hangover From Banking Collapse
Caterpillar Digs Deeper Into the Abyss
The construction and mining equipment maker cut full-year guidance for a second time and warns 2017 might not be much better, bringing down investors' hopes for a global recovery.
Saudi bond sale 'will plug third of 2017 deficit' – analysts
Of course the whole operation falls apart when the grid goes down. -- RF

## Fault lines/flashpoints/powder kegs/military/war drums ##
FM: Turkey May Invade Iraq If Threatened
Insists Country Has 'Natural Right' to Invade Iraq
Duterte Wants US Troops Out of the Philippines
Addressing growing tensions with the United States, Philippines President Rodrigo Duterte declared today that he's very much like to expel all the US troops from his country, saying he hates the idea of foreign military forces operating inside the Philippines.
Seoul Plans to Restart Talks on Military Pact With Tokyo
North Korea Unlikely To Give Up Nuclear Weapons; DNI Calls Denuclearization Of Korean Peninsula 'Lost Cause'
Is Nazism On The Rise In Germany? Far-Right Reichburger Movement Rejects Government, Attacking Police
Indeed, the Dark Ages are on their way back. But you and your community can be a bright light fending off the darkness if you prepare now. -- RF

## Migrants/refugees ##
French Authorities Declare the Calais Migrant Camp Empty
Climate change is threatening to force millions of people to become refugees and spark major wars that could "completely destabilise" the world, a leading general has warned.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Mass Protest in Venezuela Demanding End of 'Dictatorship'
Nuclear power will come to an end in the U.S. if the industry doesn't get more government support, according to Carlyle Group LP, one of the world's largest investment firms.
The Fort Calhoun plant cranked out electricity for 43 years, and it was licensed for another 17. Decommissioning will cost up to $1.5 billion, and take up to 60 years to complete.
Decommissioning will never be finished. -- RF
A dose of energy realism and a good read. -- RF
Brazil land grab threatens isolated tribes: activists
The worst land grab in decades in the Brazilian Amazon is threatening the survival of isolated tribes that have no contact with the outside world, a rights group said Wednesday.
Northern Great Barrier Reef coral bleaching damage worse, surveys suggest
World wildlife 'falls by 58% in 40 years'
Too many humans chasing too few resources. -- RF
'Major Win for Environment': Bill to Ban Fracking in Ireland Moves Forward

## Intelligence/security/internet/cyberwar ##
AT&T Is Spying on Americans for Profit, New Documents Reveal

## Propaganda/censorship ##
Press Freedom? Dakota Access Pipeline Documentarian Faces 45 Years In Prison For Filming Activists

## Systemic breakdown/collapse/unsustainability ##
Our Landfill Economy
This "maximizing growth and profits is the highest good" mode of production is insane.
Mass Consumption Is Causing Mass Extinction. Can We Stop Ourselves?
Japan's total population falls for first time: 2015 Census
Philippine's Duterte tells Japan his China visit was just economics, blasts U.S.
Philippine President Rodrigo Duterte sought to assure Japan on Wednesday that his high-profile visit to China last week was about economics not security, and he had more harsh words for long-time ally Washington, saying he might end defense treaties.

## China ##
China tightens capital controls amid yuan's continuing slide
Chinese Bank Liabilities Rise Above 200 Trillion Yuan For The First Time
China launches multi-agency push to tackle corporate debt
Economic planner to bring together more than a dozen top government agencies to mount united policy front but there is no easy fix in sight

"Customers just can't get enough of it, and the tackier the better."

## The candidates ##
I'm not a millennial, but yes, I'll take the meteor strike over these pathetic candidates for president. -- RF
Anti-Trump Violence Sweeps the Nation
Media pays little attention to escalating attacks, thousands of threats against Trump supporters
Project Veritas 4: Robert Creamer's Illegal $20,000 Foreign Wire Transfer Caught On Tape
Project Veritas has just released Part IV of it's multi-part series exposing numerous scandals surrounding the DNC and the Clinton campaign, including efforts to incite violence at Trump rallies and, at least what seems to be, illegal coordination between the DNC, Hillary For America and various Super PACs.

Tuesday, October 25, 2016


News Links, October 26, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Still, in articles like this you cannot find any reference to the central role of net energy decline. -- RF
Italy's Banking Crisis Gets Addressed: How to Conceal a Problem that Threatens to Engulf the Entire Eurozone

## Cut, baby, cut! ##

## Fault lines/flashpoints/powder kegs/military/war drums ##
Saudi Arabia 'deliberately targeting impoverished Yemen's farms and agricultural industry'
Increasing evidence suggests Kingdom is not merely bombing civilians in neighbouring country, but systematically targeting infrastructure survivors will need to avoid starvation when the war is over
NATO Continues to Prepare for War with Russia
Clinton's Slog Deeper into the Big Muddy
In the last debate, Hillary Clinton vowed to follow up the defeat of ISIS in Iraq's Mosul with a march on ISIS' capital in Raqqa, except that's in Syria, a suggestion of a wider war.
Russia's Very Different Reality
The demonization of Russian President Putin and Russia, in general, has reached alarming levels in the West with a new "group think" taking hold that ignores Russian realities and interests.
US Impunity Erodes World Justice
The International Criminal Court charges only Africans with human rights crimes while granting impunity to U.S. officials and their allies, undermining what had been a noble idea of universal justice.
Austrian Party Head Calls Germany's Merkel 'Dangerous Woman'
The head of Austria's right-wing party on Monday called German Chancellor Angela Merkel "the most dangerous woman in Europe" for her initially liberal migrant policies and warned of possible civil war if the influx of people seeking a better life within the European Union is not stopped.

## Energy/resources ##
5 Negative Factors For Oil Prices
Building just a third of planned new coal-fired power plants around the world would push hundreds of millions of people into poverty as it accelerates climate change past an agreed limit of 2 degrees Celsius of warming, development experts warn.

## Intelligence/security/internet/cyberwar ##
Banker Deaths and WikiLeaks Deaths Have a Common Thread
Now it has emerged that two of the top lawyers representing Assange, John Jones in London and Michael Ratner in New York, died within less than a month of each other this year. And, Assange's closest confidant in London and a Director of WikiLeaks, Gavin Macfadyen, died just yesterday.

## Systemic breakdown/collapse/unsustainability ##

## UK ##
Britain's high streets under strain as 15 shops close every day
Traditional retailers replaced by cafes and discount stores, with fashion shops badly hit and experts predicting worse to come
Brexit Risks 'Constitutional Crisis' Between U.K.'s Nations
Online deals gone bad are so common, in fact, that cops across the country are starting to step in, teaming up with residents to safeguard transactions in their neighborhoods by inviting online sellers and buyers to "safe exchange zones" at police offices, where surveillance cameras track all exchanges.

## The candidates ##
Although shot to mimic a news program, the broadcast was essentially a campaign advertisement with only glowing coverage of Trump and sharp criticism of his Democratic opponent, Hillary Clinton.
Basically the mainstream media give us glowing coverage of Clinton while making light of Trump, so Trump seems justified in offering this counterbalance. -- RF
Neither candidate knows anything about energy. -- RF
Bernie Sanders's Hopes and Regrets
Bernie Sanders hopes to hold a President Hillary Clinton to the Democratic platform's commitment to progressive policies, but the Vermont senator may be having doubts and possibly regrets.

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