Sunday, October 09, 2016


News Links, October 10, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Dubai property prices said to slump 12% from 2014 peaks
Important Information Why The Precious Metals Price Smash Is Meaningless
Australians' credit card debt hits $51.3 billion for groceries and utilities
Out of the $1.45 trillion personal debt that Australians owe to banks, $51.3 billion is to pay for their weekly groceries and utility bills. The rising level of debts, which Prime Minister Malcolm Turnbull also warned in mid-September, indicates the debt cycle that a lot of people could no longer get out.

## Fault lines/flashpoints/powder kegs/military/war drums ##
California-Based Activist Group Declared Terrorist By Vietnam
US, South Korea adding Pyongyang strike to drills
American and South Korean forces will jointly train for an attack on central Pyongyang and key nuclear facilities, ratcheting up direct pressure on Kim Jong Un as North Korea marches on with weapons development.

## Migrants/refugees ##
Angry French villagers protest against migrant relocation plan

## Global unrest/mob rule/angry people/torches and pitchforks ##

## Got food? ##
Peak food. Sustainability challenged as many renewable resources max out
The research team discovered not only that 20 resources had a peak-year but also that for 16 of the 20 resources with a peak year, the peak year lay between 1988 and 2008 – a narrow range in the history of mankind.  The annual growth rate of 18 of these renewable resources – for example, increase in meat production or fish catch – peaked around 2006.
As noted in the post, conventional oil peaked in 2005–2006, which suggests strongly that net energy also peaked about that time because unconventional oil delivers lower net energy. The more unconventional oil added to the mix, the more overall net energy declines. Food production is affected, just like everything else. There's one essential thing to keep in mind with respect to food: When people get hungry, ugly things start to happen. -- RF
Insanely Bad Summer Drought is Decimating New England Farms

## Propaganda/censorship ##
Selective Outrage Over Aleppo Bombing
When the U.S. kills civilians while bombing ISIS's cities in Syria and Iraq, the jihadists are blamed for using "human shields" and the big media is silent, but different rules apply to Russia's attacks on Al Qaeda in Aleppo.

Judging by results, the three arrows released so far have have missed their targets. The IMF also says that we need still more debt. If the proposed solution doesn't work, then wash, rinse, repeat. -- RF
The downsizing plan comes with new shipbuilding orders declining about 80% so far this year.

## US ##
Guess How Many Americans Struggle to Pay Their Bills
The statistic is scary. And higher than you think.

## The candidates ##
Bill Clinton heckled during rally
Bill Clinton couldn't dodge accusations from Donald Trump that the former president's transgressions involving women were worse than Trump's as Clinton spoke at a Hillary Clinton rally in suburban Milwaukee on Saturday.

And finally...

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