Thursday, February 16, 2017

 

News Links, February 17, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Brazil Retail Sales Collapse as Inflation and Unemployment Whack Consumers
India's Monthly Oil Demand Plunges Most in 13 Years
India's monthly oil demand fell the most since May 2003 as the government's crackdown on high-value currency notes continued to reverberate through the country's $2 trillion economy.
However, this article will make it plain and simple why China is exiting the spotlight and unfortunately, for global economic growth, there is no one else to take center stage.

## Airline death spiral ##
Why Passenger Yield Could Continue to Decline

## Fault lines/flashpoints/powder kegs/military/war drums ##
Syria War News: US Military Used Depleted Uranium That Can Cause Cancer And Birth Defects
The Negotiation Option with North Korea
North Korea has learned the lesson that surrendering WMD invites a U.S. invasion and murder of the leader – see Iraq and Libya – but talks to limit risks of another war remain an option.
More Bluster and Bluff on Iran
For all Team-Trump's tough talk on Iran – and its repetition of the lie that Iran is No. 1 in terrorism – the chances for a major escalation of tensions remain low.

## Migrants/refugees ##
ICE Arrested Nearly 700 People Last Week, Advocates Are Bracing for More to Come

## Global unrest/mob rule/angry people/torches and pitchforks ##
Political Consensus Is Splintering into Class Wars
The Pitchforks Are Being Sharpened
But remember: the shale drilling industry is mired in red ink. -- RF

## Got food? ##
Food prices soar as pockets run empty (Kenya)

## Environment/health ##
Pollinating drones: Clickbait, Fake News and Low-Calorie Science
How many articles have I seen on this in the mainstream media? Techno-porn lives! -- RF

## Intelligence/security/internet/cyberwar ##
What irony! All that sanctimonious talk about Russian meddling in the US election — which has never been substantiated — and now this. -- RF
On The Verge Of Treason: US Spies Withhold Intelligence From Trump

## Propaganda/censorship/fake news/alternative facts ##
German Intel Clears Russia on Interference
Mainstream U.S. media only wants stories of Russian perfidy, so when German intelligence cleared Moscow of suspected subversion of German democracy, the silence was deafening.
Brazil's Two Largest Newspapers Forced by President and Judge to Delete Reporting; We're Publishing It Here
Although the Russians aren't innocent, this is nevertheless welcome and necessary to counter the onslaught of fake news and propaganda from the Western media. -- RF
According to Open Net, a nongovernmental South Korean organization advocating freedom and openness of the country's Internet, the crackdown on fake news is an "exercise of cyber-censorship."

## Systemic breakdown/collapse/unsustainability ##
While Elites Played Empire, America Fell Apart
Dear Imperial America: the lifestyle you ordered is permanently out of stock.
"Empires and Barbarians: the fall of Rome and the birth of Europe" (review)
The decline of literacy in the US is on full display. This isn't just about Trump and his people. It symbolizes the breakdown of education and literacy, not to mention the undercurrent of anti-intellectualism in US society. -- RF
And this is just one example of how nearly everything in industrial society is unsustainable. -- RF

## Japan ##
Japan's Tepco To Issue First Bond Since Fukushima Disaster
The consumer society has shot its wad, but world leaders haven't noticed yet. -- RF
Number of ASDF scrambles hits record high
Japanese Defense Ministry sources say Air Self-Defense Force jets have been scrambled a record number of times over the past 10 months.

China's Citic plans $1bn write-down on Aussie mine
Total losses on the state-owned company's project are set to swell to $4bn
Urban butterfly declines 69% compared to 45% drop in countryside
Pesticides, paving and higher temperatures have put huge strain on butterflies in cities over past two decades, finds study

## US ##




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