Thursday, February 09, 2017

 

News Links, February 10, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
What Would it Cost a Country to Leave the Euro? That's What Everyone Suddenly Wants to Know

## War on cash/cashless society ##
India to remove cash withdrawal limits

## Fault lines/flashpoints/powder kegs/military/war drums ##
Things Will Get Worse Until US Stops Lying About Crimea
When Putin raised the possibility of extending the 2010 treaty, known as New START, Trump paused to ask his aides in an aside what the treaty was, these sources said.


## Energy/resources ##
The fourth quarter of 2016 was a massive disappointment for the oil majors. Almost without exception, all of the largest publicly-traded oil companies in the world posted highly disappointing numbers, suggesting that the damage stemming from the meltdown in oil prices is not over just yet.
Everyone talks about wind and solar power becoming cost competitive, but the cost will rise as its share of generation increases and we have to pay more to integrate it into the electrical system.

## Solutions ##
The Nitty-Gritty of Financial Independence: The Self-Employed Mobile Creative
Rather than put all one's eggs in one basket (specialization), the Mobile Creative seeks to develop a diverse range of skills.

## Environment/health ##
Why Healthcare Rationing Is A Growing Reality For Americans
For millions of Americans, everyday life takes toll on hearing
The noise of modern life causes permanent hearing damage to many U.S. adults who don't even suspect they've experienced a loss, federal researchers reported Tuesday.

## Intelligence/security/internet/cyberwar ##
Warning for Anyone Living in WiFi Connected Smart Homes (video)
It's not just TVs and stereos, but refrigerators and sprinkler systems, that are now connected to the internet. By some estimates, three quarters of in-home WiFi networks are vulnerable to hackers.
U.S. Visitors May Have to Hand Over Social Media Passwords: DHS
People who want to visit the United States could be asked to hand over their social-media passwords to officials as part  of enhanced security checks, the country's top domestic security chief said.

## Propaganda/censorship/fake news/alternative facts ##
The United States Is Innocent and Has Never Killed Anyone
It's a tragedy, but I guarantee that it won't continue until 2030 because megacities will crash before then. -- RF

Japan's big banks take on more lending risk
Subordinated loan issuance in Japan spiked more than eightfold last year as major banks embarked on riskier lending to combat shrinking margins.
Loans to real estate sector hit record high
Japanese banks extended a record amount of loans to the real estate sector last year, due in part to the Bank of Japan's negative rate policy.

## US ##
The Colonization of Local-Business Main Street by Corporate America
This is what our mode of production optimizes: ugliness, debt-serfdom, and servitude to politically dominant corporations.
Good news, but it will take more than this to dismantle the United States' China-style one-party system and give competing agendas a fighting chance. -- RF




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