Saturday, February 11, 2017

 

News Links, February 12, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Foreign Governments Dump US Treasuries as Never Before, But Who the Heck is Buying Them?
Global Shipping Meltdown Mauls German Banks, Retail Investors, Taxpayers
Germany holds 25% of global shipping loans as industry collapses.

## War on cash/cashless society ##
China's Battle Over Virtual Wallets Intensifies
Cash No Longer King: Europe Moves to Begin Elimination of Paper Money

## Airline death spiral ##
Nigeria's Arik Air and aviation industry in disarray
The Nigerian government has announced a takeover of the country's biggest airline - Arik Air - to prevent it going bust. But this is just the latest example of problems in Nigeria's aviation industry.
Taiwan Threatens To Shoot Down Drones Found Flying Into Airports

## Fault lines/flashpoints/powder kegs/military/war drums ##
EU's Mogherini: U.S. says will fully implement Iran nuclear deal
The European Union's foreign policy chief, Federica Mogherini, said on Friday she was reassured during meetings with President Donald Trump's administration that it was committed to full implementation of the Iran nuclear deal.
The French election is now Marine Le Pen vs a collapsing French establishment
USAF test launches Minuteman III intercontinental ballistic missile

The carnage continues in the U.S. major oil industry as they sink further and further in the RED.  The top three U.S. oil companies, whose profits were once the envy of the energy sector, are now forced to borrow money to pay dividends or capital expenditures.  The financial situation at ExxonMobil, Chevron and ConocoPhillips has become so dreadful, their total long-term debt surged 25% in just the past year.
DAPL Doesn't Make Economic Sense
The Dakota Access Pipeline (DAPL) imposes huge environmental and health costs, creates few jobs, and generates little government revenue.


## Intelligence/security/internet/cyberwar ##
Twitter numbers paint grim profitability picture
A spokesman for President Putin simply called the return "nonsense," NBC reports.
However, Snowden's American Civil Liberties Union lawyer Ben Wizner said he does not know of any such plans by Russia as mentioned in the NBC News report.

## Propaganda/censorship/fake news/alternative facts ##
Will Facebook's System to Detect Fake News Lead to Censorship?
US railroad infrastructure went into a long decay after World War II as highways overtook trains as the most convenient and cost-effective mode of public and commercial transport.  Many diesel/electric locomotives on US tracks today suffer from parts shortages and maintenance issues.

## Japan ##

## China ##
PBOC Asks Banks to Curb New Loans
Supermarkets urged to create plastic-free aisle in every store
Supermarkets are being urged to create a plastic-free aisle in every store to prevent tons of waste packaging ending up in the world's oceans.

## US ##
Loving Our Servitude in America's Plantation Economy
Dallas pensions: In Search of a Fix (When None is Possible): What Happens?
Mississippi Advances Bill to Bring Back Firing Squad Executions
Mississippi lawmakers are advancing a proposal to add firing squad, electrocution and gas chamber as execution methods in case a court blocks the use of lethal injection drugs.
The Neocons' Back-Door to Trump
By enforcing a "group think" calling Iran the chief sponsor of terrorism, Official Washington's neocons are maneuvering the Trump administration into conforming with Israeli (and Saudi) desires.




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