Tuesday, March 07, 2017


News Links, March 8, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Spain Needs Bigger Banks, Apparently
Toronto Housing Bubble: Average Selling Price Soars 28% y-o-y in February!
1.91 Million Canadians Are Borrowing Against Their Home Equity
OECD Sees Lots to Worry About in the Global Economic Outlook
The world economy can't handle even one US rate hike, strategist Sri-Kumar says
Dubai unveils plan to develop city's largest public park

## Cut, baby, cut! ##
GM will lay off 1,100 in Michigan after domestic production shift

## War on cash/cashless society ##
Soft money: will cash transactions soon be a thing of the past?

## Fault lines/flashpoints/powder kegs/military/war drums ##
Seoul: North Korea fires 4 ballistic missiles into ocean
US warning to Israel signals new backpedaling by Trump
The Trump administration has explicitly warned Israel against annexing parts of the occupied West Bank, saying it would trigger an "immediate crisis" between the two close allies, Israel's defense minister said Monday.
Commentary: The looming crisis for US tritium production
Tritium, an isotope of hydrogen, is an essential component in all U.S. nuclear weapons and bombs. It is radioactive with a decay half-life of 12 years and, thus, must be replenished in U.S. warheads every few years. Absent timely replenishment, our warheads become duds.

## Global unrest/mob rule/angry people/torches and pitchforks ##
American Indians gather in D.C. for four-day protest against Trump, Dakota Access pipeline
For those interested in the more technical aspects of the matter. Despite the controversy over this particular model, the oil industry is in trouble, as admitted by blog publisher Bardi himself, and as testified by all the red ink now flowing in the industry. -- RF

## Got food? ##
How Many People In The World? Pope Francis Urges Against Having More Children Than You Can Provide For
Pope Francis believes people should have a limited number of children in order to combat overpopulation, a Vatican academy member has claimed. However, the Catholic Church has not altered its stance on opposition to artificial birth control.
The poachers could just as well have saved their own fingernail clippings. -- RF

## Intelligence/security/internet/cyberwar ##
Or be used to spy on innocent people. -- RF
Microsoft Outlook service hit by outage
A variety of online services from Microsoft Corp suffered outages for several hours on Tuesday across Western Europe and the Eastern United States, according to the company's technical support sites.

## Systemic breakdown/collapse/unsustainability ##
Some of the Chicago area's most-traveled bridges are 'structurally deficient', study says
40% of households in Philadelphia can't pay their water bill
America is in the midst of an "invisible water crisis" as the post-war water infrastructure reaches the end of its duty-cycle and cash-strapped public utilities struggle to find the money to rebuild it.
Japan's high dependency on cash apparently reflects a tendency to pay in cash rather than by credit card as well as an increase in the amount of money kept at home amid superlow interest rates.
The Next Domino to Fall: Commercial Real Estate
Unless the Federal Reserve intends to buy up every dead and dying mall in America, this is one crisis that the Fed can't bail out with a few digital keystrokes.
Wall St. is misreading Trump, and a market bloodbath is imminent: Stockman

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