Tuesday, December 20, 2016


News Links, December 21, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Italy Banking Crisis is Also a Huge Crime Scene
Dispute could sink Italian bank Monte Paschi's rescue plan
India will become a police state, likely with the full support of most Indians. Nationalism will be the thread that weaves them together. But it is a fake thread, devoid of any value. Eventually, there will be far too many stresses in the system, whose institutions are already in an advance stage of decay.
TiSA: The Transatlantic Corporatocracy's Last Straw
Hundreds of flights cancelled and delayed in Beijing, travellers stranded amid heavy smog
Flights in neighbouring cities also badly affected, with a seventh of the nation reporting heavy pollution

## Fault lines/flashpoints/powder kegs/military/war drums ##
NATO seeks to allay concerns at meeting with Russia
Saddam Hussein Was Not 'Worth Removing From Power': Ex-CIA Agent
New memoir details institutional failings that led to catastrophic invasion of Iraq and rise of Islamic State

## Migrants/refugees ##
Italy's tireless coastguard on busiest migrant year yet

## Global unrest/mob rule/angry people/torches and pitchforks ##
Indonesian Police Arrest Dozens Ahead of West Papua Protest
Batteries Need to Get Big—Like, Enormous—for Solar Power to Shine
They need to store an order of magnitude more than anything yet seen

## Propaganda/censorship/fake news ##
Facebook Fake News Checkers Affiliated With US Gov?
Exploiting the Tragedy of Aleppo
Official Washington's dominant neocons have pushed emotional propaganda about Syria as a way to justify a "regime change" project there and are now furious with its apparent failure.
Russia-Hack Story, Another Media Failure
The mainstream U.S. media's gullible acceptance of unproven CIA claims about Russian interference in the U.S. elections is another reason to doubt the media and fear for the future of American democracy.
Where People Trust The News Most (And Least) (International comparison)

## Systemic breakdown/collapse/unsustainability ##
Looting Leaves Stores in Ruins in Venezuela's Ciudad Bolivar

Decommissioning will never be completed. -- RF
In a statement, Rosatom said one of the key cooperation areas specified in the memorandum is the post-accident recovery at the Fukushima Daiichi plant, including radioactive waste management and possible decommissioning.
China Railway Corp.'s Gag Order Targets Social Media Users
China Railway Corp. (CRC) has responded to the recent cybersharing of a rail-accident video by barring employee use of social media to disseminate information about such disasters, according to a memo obtained by Caixin.

## US ##
While it's an interesting article, like many other analyses it completely overlooks the huge role of net energy decline as a drag on the economy. If the socioeconomic system has progressively less energy to power itself, it will perforce start falling apart and slowing down. -- RF

## POTUS-elect ##

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