Sunday, April 02, 2017


News Links, April 3, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Report: Australia world's worst money laundering property market
Airlines Make More Money Selling Miles Than Seats
Does your wallet contain an airline-branded credit card? If so, your daily Starbucks visits, iTunes selections, and dining habits serve a critical role in keeping the U.S. airline industry fat and happy.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Russian submarines match Cold War-era patrol intensity
The reasons are that (1) Iran refuses to kowtow to the US, and (2) Iran challenges US power in the Mideast. -- RF

## Global unrest/mob rule/angry people/torches and pitchforks ##
Rioters in Paraguay set fire to Congress after secret Senate vote to allow president second term

## Energy/resources ##
National Grid prepares for 'summer excess' with calls to use more power (UK)
National Grid is gearing up for summer with the start of a scheme which pays companies to use more electricity when wind and solar power surges past demand.
UK's coal, wind, solar and hydro output fell in 2016

## Environment/health ##
Climate change: global reshuffle of wildlife will have huge impacts on humanity
Mass migration of species to cooler climes has profound implications for society, pushing disease-carrying insects, crop pests and crucial pollinators into new areas, says international team of scientists.
China plans panda preserve 3 times size of Yellowstone park

## Intelligence/security/internet/cyberwar ##
New York is in the early stages of acquiring state-of-the-art face recognition technology to scan the faces of all drivers commuting between the boroughs of New York City.
More Americans than ever — 77% — now own smartphones, and studies show they are killing our ability to focus. The devices are distracting us to death, affecting our ability to work and decreasing the number and value of face-to-face connections we have.

## Propaganda/censorship/fake news/alternative facts ##
Blaming Russia for Everything
The Senate Intelligence Committee launched its Russia-gate investigation by inviting some "experts" in to rant about how everything that goes wrong in the United States is the fault of the Russians.
U.N. Ambassador Nikki Haley Doubled Down on Threats to Punish Criticism of Israel
U.N. Ambassador Nikki Haley repeated her prior threats to punish criticism of Israel on Monday, boasting about creating a climate of fear at the U.N. in which other diplomats are frightened to speak to her about recent efforts to condemn Israel's illegal colonization of the West Bank.
Is US interference in the politics and elections of other countries also an act of war? So far we have no hard evidence of Russian interference, but we do know that the US has a long history of meddling in other countries' affairs. Why no talk of this in the mainstream media? It's no wonder 6 in 10 Americans think they peddle fake news. -- RF
Iraqi WMDs Anyone? Washington Post Makes Unfounded Claims Of Iranian Supplies To Insurgencies

## Systemic breakdown/collapse/unsustainability ##
Do the Roots of Rising Inequality Go All the Way Back to the 1980s?
Unless we change the fundamental structure of the economy so that actually producing goods and services and hiring people is more profitable than playing financial games with phantom assets, the end-game of financialization is financial collapse.
As I've observed, the rich people in their bunkers haven't thought this through very well. The way to ride out the storm (although there are no guarantees) is to become a part of a mutually supportive community of people who have a good skill inventory and who all pull their own weight. -- RF

## Japan ##
Kawasaki Heavy to slash 30% of its Japan shipbuilding
Japan to urge businesses to share big data
Japan will encourage companies to share big data they collect, so that businesses can better cooperate on developing new products and services in the age of the "internet of things" instead of keeping all the information to themselves.

## US ##
Inequality Update: Who Gains When Income Grows?
A graph is worth a thousand words. Take a look if you dare. -- RF

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