Thursday, December 29, 2016


News Links, December 30, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Dow 30,000 in next 4 to 5 years, investment expert says
The most recent report for the quarter ending June 30, 2016 indicates that U.S. bank holding companies have a total notional amount (face amount) of derivatives of $252.6 trillion. Of that total, just five Wall Street banks hold $230 trillion or 91 percent, underscoring how massively concentrated this high risk game has become.

Disruptive technologies bring turbulence for traditional airlines
Carriers face headwinds despite benign performance in the tourism industry as they begin to face similar pressures to those exerted on hotels
Your next flight itinerary could be easily hacked
Travelers in the US and Canada may soon be forced to undergo a lie detector test as a standard part of airport security.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Turkey and Russia 'broker ceasefire deal for all of Syria'
Kissinger Urging Trump to Accept Crimea as Part of Russia
Tensions increase as China's neighbours build up military capabilities
How Israel Misuses the Bible
By fuming over a U.N. resolution against Israel's settlements on Palestinian land, Israeli leaders reveal their final solution for the Palestinians – to deny them property rights and displace them.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Chinese Middle Class in Uproar Over Alleged Police Brutality
Inventory of abandoned oil and gas wells doubles in 2016 (Canada)
The number of oil and gas wells abandoned by industry has expanded dramatically as depressed commodity prices forced operators into bankruptcy.
U.S. refiners face severe labor shortage for deferred maintenance
After years of running flat out, U.S. Gulf Coast refiners are lining up repairs to plants in 2017 - but facing a severe labor shortage that could delay work, drive up costs and raise accident risks.
Shale Drillers Promise No 2017 Binges as Oil Hangover Eases

## Got food? ##
"Nature is not good to human beings": The chairman of the world's biggest food company makes the case for a new kind of diet
Guess who makes it. -- RF

## Intelligence/security/internet/cyberwar ##
US Expels 35 Russian Diplomats, Closes Offices
Officials Give Conflicting Reports on Expulsions
No proof yet that the Russians were actually involved, but we'll go ahead with it, anyway. BTW, will the US ever be sanctioned for hacking other governments or interfering in their elections? Just wondering. -- RF
"I'm all for doing what's necessary to protect the electorate but there's no suggestion that Russia hacked into our voting systems or anything like that," Franks said on MSNBC Thursday. "But the bottom line is if they succeeded, if Russia succeeded in giving the American people information that was accurate, then they merely did what the media should have done," he added.
Facebook Doesn't Tell Users Everything It Really Knows About Them
The site shows users how Facebook categorizes them. It doesn't reveal the data it is buying about their offline lives.
Jambon has previously called for the extension of the EU's system for tracking airline passengers' movements, adopted in April, to cover land and sea-based transport.

## Propaganda/censorship/fake news ##
The purpose of this article is to underscore, yet again, that those who most flamboyantly denounce Fake News, and want Facebook and other tech giants to suppress content in the name of combating it, are often the most aggressive and self-serving perpetrators of it.
Mainstream Media is Now Whining About the "Fake News" Hysteria It Created
History Shows How Rare and Valuable Freedom of Speech and Freedom of the Press Are
Charlie Hebdo Cover: Russia Angered By Cartoon Of Tu-154 Plane Crash
Russian officials were incensed Wednesday by a Charlie Hebdo caricature of the fatal Tu-154 plane crash over the Black Sea, showing the plane falling as a member of the Alexandrov military choir screams. The cartoon's caption reads: "The repertoire of the army choir is expanding."
George Soros Conjures Hitler In Attack On 'Ascendant Populists', Warns "Democracy Is Now In Crisis"

## Systemic breakdown/collapse/unsustainability ##
Wisconsin mall evacuated due to threats, a day after mall fight spree

## China ##
Five killed in 'terrorist attack' in China's western Xinjiang region, official media reports
Car ploughs into yard of Communist Party building in Karakax county and home-made explosive detonated, local official media reports.
Chinese Coal Industry Sees Earnings Explode In 2016

## US ##
A Sour Holiday Season for Neocons
For the past couple of decades, the neocons have ruled the roost of American foreign policy, but they have now suffered some stunning reversals that have left them fuming.

## POTUS-elect ##
Trump is awful, but Moore is a chump if he believes that Hillary Clinton would be an improvement. -- RF

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