Thursday, April 06, 2017


News Links, April 7, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Clearly, defaults are coming. Currency devaluation isn't a solution because everyone will just keep piling on more debt to compensate for net energy decline, which will worsen with the passage of time. Brace for impact. -- RF
An Oil Giant Is Still Burning Through Its Cash Pile
The depletion of Saudi Arabia's currency reserves shows no sign of abating
Kuwait to borrow more from international market
Rio Olympics Can't Pay Debts, Offers Used Air-Con Units Instead
There's no winning the battle against deflation. As Mish concludes, "The problem is the Fed is hell-bent on forcing prices up in an inherently price-deflationary world." -- RF

## Cut, baby, cut! ##
16 Large Retailers Besides J.C. Penney Are Closing Waves of Stores
Climate change will lead to much more severe turbulence on flights, study suggests
Air passengers are likely to experience nearly double the frequency of severe turbulence during flights in the coming decades because of the impact of climate change, according to a scientific study published on Thursday.
Europe regulator says airlines' cabin tech ban may compromise safety

## Fault lines/flashpoints/powder kegs/military/war drums ##
Top U.S. general: 'no defense' against Russian cruise missiles
Former PACOM commander: Can it with the China pessimism
The former head of all U.S. forces in the Pacific said the pessimistic attitude vis-a-vis the growing Chinese threat is bad for the Navy, and leaders need to step up and figure out how to defeat the Chinese threat if it came to blows.
AP Interview: Kremlin support for Assad not unconditional 
President Vladimir Putin's spokesman said Thursday that Russia's support for Syrian President Bashar Assad is not unconditional, but that the country demands a full investigation of the suspected chemical attack on a rebel-held province in Syria before the United Nations takes any action.
Another Dangerous Rush to Judgment in Syria
With the latest hasty judgment about Tuesday's poison-gas deaths in a rebel-held area of northern Syria, the mainstream U.S. news media once more reveals itself to be a threat to responsible journalism and to the future of humanity. Again, we see the troubling pattern of verdict first, investigation later, even when that behavior can lead to a dangerous war escalation and many more deaths.
US Launched Over 20 Airstrikes Against Yemen This Past Weekend
The Pentagon carried out over 70 airstrikes in March against targets inside Yemen, which was more than US forces carried out in all of 2016. That trend of escalation appears to be continuing into early April, with officials saying over 20 strikes were launched just in the first two days of April.

Another step closer to global water wars. -- RF

The U.S. Government Is Trying to Unmask an Anonymous Anti-Trump Twitter Account

## Propaganda/censorship/fake news/alternative facts ##
Syria Gas Attack: Assad's Doing...Or False Flag? (video: Ron Paul Liberty Report)
Great entertainment. The anchor is clearly dumbfounded that a member of Congress questions the narrative. -- RF
The Ugly Underbelly of Russia-gate
The dangerous demonization of Russia has spilled over into the creepy behavior of U.S. pundits spinning ugly conspiracy theories when tragedy strikes Russians.
NYT Retreats on 2013 Syria-Sarin Claims
Even as The New York Times leads the charge against the Syrian government for this week's alleged chemical attack, it is quietly retreating on its earlier certainty about the 2013 Syria-sarin case.

## Systemic breakdown/collapse/unsustainability ##
Is Your "Democracy" Actually a Totalitarian State? Take this Quick Quiz
The USA is already a Totalitarian State with a Ministry of Propaganda that works overtime to generate a flimsy illusion of "democracy."

## UK ##
London Police Ink Shadowy Deal with Industry on Website Takedowns
Nearly half of UK households plan spending cuts as prices spike - survey
These Eight Retailers Will File For Bankruptcy Next, According To Fitch
Most Americans unwilling to give up privacy to thwart attacks: Reuters/Ipsos poll

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