Tuesday, February 07, 2017


News Links, February 8, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Rising costs overshadow Asian factory pickup
PMIs show companies struggling to pass on higher commodity prices
Expropriation and Impoverishment: "Capitalist" Greece and "Socialist" Venezuela
Neocolonial "capitalist paradise" or crony "socialist paradise": the net result is the same: expropriation and impoverishment.
'Trump makes sense to a grocery store owner'
Economist-mathematician Nassim Nicholas Taleb contends that there is a global riot against pseudo-experts.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Welcome to America's 'Nuclear Sponge'
If ICBMs are meant to draw enemy missiles toward American soil, it's time to rethink our nuclear strategy.
What Trump's 'Great Wall' Misses
President Trump's "Great Wall" ignores a key reason why desperate Mexicans and Central Americans flee north – the history of U.S. military and economic intervention that has created poverty and repression.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Independence protests as ex-Catalan chief stands trial
Your skills, knowledge and and social capital will emerge unscathed on the other side of the re-set wormhole. Your financial assets held in centrally controlled institutions will not.

## Environment/health ##
Republicans Are Using Big Tobacco's Secret Science Playbook to Gut Health Rules

## Intelligence/security/internet/cyberwar ##

## Propaganda/censorship/fake news/alternative facts ##
Facebook, Google join drive against fake news in France
How US Believes Impossible Things
Over many decades, the U.S. establishment has become practiced at putting out claims that are completely false or that leave out key details to mislead the public, but now come complaints about "fake news."

## Systemic breakdown/collapse/unsustainability ##
The Über-Lie
I wish once again, as I've done countless times before, to point to a lie even bigger than the ones being served up by the new administration… It is the lie that human society can continue growing its population and consumption levels indefinitely on our finite planet, and never suffer consequences.

Why foreign companies are shutting shop in China
Sony Electronics, Marks & Spencer, Metro, Home Depot, Best Buy, Revlon, and L'Oreal – some of the big names to have closed Chinese operations
Railways could use eye scans to charge passengers, say industry plans
Biometric technology, including fingerprint and iris scans, could enable fares to be automatically processed

## US ##
Exports of goods and services fell $52 billion in 2016 year-over-year to $2.21 trillion, and imports fell $50 billion to $2.71 trillion. That both exports and imports fell is a sign of weakening world trade, lackluster demand globally, and lousy economic growth in the US, where GDP in 2016 inched up by a miserable 1.6%, matching the growth rate of 2011, both having been the lowest growth rates since 2009.
It's just as I've been saying: Trump is the evolutionary continuation of what came before. -- RF
Report: Human trafficking in U.S. rose 35.7 percent in one year
Elliott Abrams Under Consideration for Deputy Secretary of State
Notorious Neocon's Decades of Scandal Presented as Experience

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