Sunday, October 16, 2016


News Links, October 17, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
A Rare Glimpse Behind Saudi Arabia's Deteriorating Finances
Long-time readers know I've often declared that "growth is dead." The idea that growth can continue indefinitely was nonsensical to start with, yet national and international leaders have insisted (and amazingly, still do insist) that growth is the prescription for our ills, and that we need to get back on the "growth track." And of course people around the world eagerly bought into this absurd fantasy. I've said it many times already, and I'll say it again: It's all downhill from here. -- RF

## Airline death spiral ##
Japan bans Samsung Galaxy Note 7 on flights

## Fault lines/flashpoints/powder kegs/military/war drums ##
After once again attacking Houthi targets along the coast, in spite of any evidence that the Houthis fired the missiles at them, officials are now saying they're not even sure about the missiles, and are looking into the possibility that the USS Mason, which has claimed all the attacks, has a radar malfunction which is generating ghost signals.
US Escalates War Role in Yemen
U.S. military support for Saudi Arabia's bloody air war against impoverished Yemen has escalated into a direct U.S. attack on Yemeni targets as retaliation for alleged missiles falling near a U.S. warship.
Russian Guards Fire on North Korean Ship, Kill 1 Fisherman

## Global unrest/mob rule/angry people/torches and pitchforks ##
Anti-nuclear protesters to gather in SA
Hundreds in Madrid protest US-Europe, Canada-EU trade deals

## Energy/resources ##

## Intelligence/security/internet/cyberwar ##
A Truly Free Press Will Always Be an Inconvenience To The Government

## Propaganda/censorship ##
NYT's Absurd New Anti-Russian Propaganda
The New York Times is so determined to generate hate against Russia that it has lost all journalistic perspective, even portraying Russia's military decoys – like those used in World War II – as uniquely evil.
Fact checking is coming to Google News

## Systemic breakdown/collapse/unsustainability ##
Road to recovery could test patience of Matthew victims
Under worsening low-net-energy conditions, disaster victims find recovery progress excruciatingly slow. Take a look at Japan, for instance. Postwar reconstruction proceeded at a dizzying pace because the Japanese, like Europeans, had access to low-cost, high-quality energy, but in our present world of steadily declining net energy, post-disaster reconstruction proceeds at a snail's pace, with displaced people stuck forever in temporary housing, and many places still waiting for rebuilding. Most disaster-striken areas — in all countries — will never rebuild what was lost. -- RF

## The candidates ##
Trump is no prize, but he's justified in making this claim. Election fraud is endemic (dead people voting, etc.), the Deep State has its own hand in the game, and we know that the Clinton campaign tried to sabotage Sanders' campaign (nevertheless, this chump insists that people vote for Clinton). It's all part of the utter corruption of the US political system. -- RF
D.C. Hivemind Mulls How Clinton Can Pass Huge Corporate Tax Cut
Treating the whole voting thing as a formality, serious political players are now pondering how exactly President Hillary Clinton can pass what Sen. Elizabeth Warren has called "a giant wet kiss for tax dodgers."

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