Friday, December 09, 2016

 

News Links, December 10, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Saudi Arabia could see sovereign credit rating slashed over deficit
Deutsche Bank proves what GATA told CFTC six years ago
Bombshell Dropped in Federal Court: Proof of a Silver Market "Mafia" Among Big Banks
Market Insanity Reaches Record Highs As Investors Flock Into The Biggest Bubble In History
Trumponomics Will Collapse Under a Mountain of Debt
As the writer makes clear, this has nothing to do with Trump himself (or Clinton, etc.). And as I've pointed out, collapse is baked into the cake. There's nothing anyone can do now to stop it. -- RF
Monte Paschi Stock, Bonds Collapse After ECB Rejection

## War on cash/cashless society ##
Cash Is No Longer King: The Phasing Out of Physical Money Has Begun

## Airline death spiral ##
San Francisco airport's security breached by fence-jumper
Boeing: China will Need More Than 100,000 New Pilots over Next 20 Years
New revelation: Acute shortage of ATR planes' parts in PIA
Actor Judge Reinhold Arrested at Dallas Love Field
Almost 60% of people who usually fly home for the holidays say they won't this year (US)
Rising travel costs, airport delays, and other stressors mean fewer people will be flying home for the holidays this December.

## Fault lines/flashpoints/powder kegs/military/war drums ##
UAE Apaches, Saudi Chinooks Top Massive $7.9 Billion Weapon Sales Plan

German nuclear firms offer to forgo claims for deal on waste - letter
Nuclear power firms have written a letter to Germany's parliamentarians saying they are prepared to drop some of their numerous legal claims in exchange for handing the bill for nuclear waste storage to the government.
The legacy of industrial civilization. Of course hardly any cleanup will be accomplished, just as most deteriorating infrastructure will be left to rot. Net energy is already too low, so available energy supplies must be largely dedicated to maintaining the economy's day-to-day operations. -- RF

## Intelligence/security/internet/cyberwar ##
Merkel ally threatens Facebook with fines over online hate speech
Will they also produce a dossier on American meddling in other countries' politics? -- RF
What happens when your biometric identifiers are hacked and stolen? Unlike a password, you can't change them. -- RF
This is the new reality for cyber security: Accept that hackers will get in
Scary: It now takes companies an average of 5 months to find an active hacker
You can't make this stuff up. Doesn't Williams have any sense of shame? -- RF
It still won't be enough. -- RF

## China ##
A Major Red Flag? Chinese Oil Demand Growth Could Shrink 60% In 2017
The grim truth of Chinese factories producing the west's Christmas toys
Undercover investigation by China Labor Watch exposes low wages, hazardous chemicals and overtime beyond legal limits
Dallas Police and Fire Pension Halts Withdrawals in Solvency Crisis, Lawsuits Await
Stepping Back from Trump's Election: Critique of underlying US Culture in a List - 25 Limitations

## POTUS-elect ##
Oil drilling advocate to be Trump pick for Interior Department
Trump Team Memo Hints at Big Shake-Up of U.S. Energy Policy
Giuliani no longer under consideration for a position in Trump administration




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