Tuesday, November 22, 2016


News Links, November 23, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
EU Retaliates Against US Banks, London: Global Trade War Tit-For-Tat
Let's get one thing straight: Buying an enormous amount of stuff that you don't need is, we are told, "good for the economy." The consumer economy feeds on copious personal consumption. You can't have it both ways. -- RF
$100 Billion Chinese-Made City Near Singapore 'Scares the Hell Out of Everybody'
Planeloads of buyers fly in as condos rise from the sea

## Cut, baby, cut! ##
L&T Group Cuts 14,000 Jobs In Three Months (India)
Samsung may cut China staff by 20%

## War on cash/cashless society ##
Why Billionaire "Philanthropist" Bill Gates Loves India's Demonetization Program
The profit motive in the War on Cash.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Russian President Putin says Trump confirmed willing to mend ties
US House Seeks Syria-War Escalation
Moving to trap President-elect Trump into a war escalation in Syria, the House rushed through a resolution promoting a U.S.-imposed "no fly zone" that could spark World War III.
Hungary prisoners complete part of new anti migrant fence

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

## Energy/resources ##
Canadian Solar shares plunge as entire solar industry feels the burn
Shares of Canada's largest solar panel maker slumped Monday as its prospects for profitability dimmed amid a supply glut that is casting a shadow over the entire industry.
Peak Oil in a Fact-Free World: the New "Oil Bonanza" in West Texas
The media hoopla about the fantastic new giant oilfield in Texas has been deafening. You'd think it signifies the dawn of a new oil era. But dig down a bit and you see that it's 99% hype. I posted this debunking article on Monday, and above there are two more. The breathless articles in the mainstream media about this "discovery" are fake news. -- RF
Highly misleading title. It's not alchemy, but merely extracting the gold naturally found in coal. It's doubtful this would ever be commercially viable, however. There's also gold in seawater, but its extraction is far too expensive to be profitable. -- RF

The food industry has become so globalized that much of the U.S. public doesn't even know where its food comes from, much less whether it is safe.

## Environment/health ##

## Propaganda/censorship ##
NYT Advocates Internet Censorship
The New York Times wants a system of censorship for the Internet to block what it calls "fake news," but the Times ignores its own record of publishing "fake news."
It's the natural and inevitable outcome of the conditioning that Americans undergo to make them ready and willing consumers of propaganda. -- RF

## Systemic breakdown/collapse/unsustainability ##
The Age of Disintegration: Political Disunity and Elites At War

## Japan ##
Snags knock Japanese bullet train plans off track
Unexpected problems have dogged Japan's newest shinkansen bullet train projects as delays in technology development force the government to push back deadlines, exposing a lack of follow-through.
2020 Tokyo Olympic organizers trying to keep budget at Y2 trillion
It's looking grimmer by the day. Will the 2020 Tokyo Olympic games be held? -- RF
Royal Navy 'woefully low' on warships
A group of MPs from different parties are calling for the legalisation of cannabis

## US ##
A Tradition of Forgetting Indian Rights
Ironically, as Americans commemorate how Native Americans helped save the Pilgrims in 1621, Indian-rights activists are under attack today in defense of land that a 1868 treaty guaranteed as theirs.
America Called Bullsh*t on the Cult of Clinton
The one good thing about Trump's win? It shows a willingness among Americans to blaspheme against saints and reject the religion of hollow progressiveness.

## POTUS-elect ##
Trump's Tulsi Gabbard Factor
By inviting in Rep. Tulsi Gabbard, a Democrat hostile to "regime change" wars, President-elect Trump may be signaling a major break with Republican neocon orthodoxy and a big shake-up of the U.S. foreign policy establishment.

<< Home

This page is powered by Blogger. Isn't yours?