Tuesday, October 18, 2016


News Links, October 19, 2016

## War on cash/cashless society ##

## Airline death spiral ##
Lufthansa latest airline to ban Samsung Galaxy Note 7 phones
United sees glut of transatlantic flights hurting results

## Fault lines/flashpoints/powder kegs/military/war drums ##
India's Modi, at summit, calls Pakistan 'mother-ship of terrorism'

The Russians are coming! The Odor of Desperation

## Systemic breakdown/collapse/unsustainability ##
Here's an example of just how wrong people can be. I won't argue with the title because I agree that productivity won't save the world. But look at this first paragraph. The author trots out the old chestnut about Malthus being wrong, citing the one-time benefits of fossil fuels and the rising net energy they provided up until a few decades ago. Then there is an admission that productivity is decreasing, followed by the statement, "What no one can agree on is why this is happening." It's clear why productivity is falling, and the root cause is net energy decline. In fact, all the problems noted by the author in the ensuing paragraphs boil down to the fact that we are increasingly unable to leverage human labor with energy. Productivity will continue to drop and industrial society will continue to unravel, and as part of that, industrial agriculture will gradually crumble. Then we'll see just how right Malthus was. -- RF

## Japan ##
Japan may accelerate missile defense upgrades in wake of North Korean tests: sources
IOC president says he is willing to discuss Tokyo 2020 costs
International Olympic Committee President Thomas Bach expressed willingness Tuesday to work with Tokyo officials to try to reduce spiraling cost estimates for the 2020 Summer Games.
Fours years away and already there are budget problems. Will the games be held? -- RF

## China ##

## The candidates ##
Trump? Clinton? Many young Americans prefer giant meteor, poll finds
Young Americans are so dissatisfied with their choices in this presidential election that nearly one in four told an opinion poll they would rather have a giant meteor destroy the Earth than see Donald Trump or Hillary Clinton in the White House.

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