Tuesday, May 09, 2017

 

News Links, May 10, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
And the same goes for nearly every other country. Acting as though government debt will be repaid somewhere down the road "after the economy improves" is just a charade. In a discussion about the national debt, someone once remarked to me, "Our grandchildren will still be paying off this debt," which is absurd. The debt won't be paid back. Governments will default once it becomes impossible to continue the charade. -- RF
Growth is dead. -- RF
Decoupling wealth creation, energy consumption and CO2 emissions
Some recent media articles have claimed that global GDP growth is no longer being accompanied by growth in energy consumption and CO2 emissions, or in other words that wealth creation and energy have become "decoupled". Here we look into the question of whether this is the case and find that it isn't.
## Airline death spiral ##
Flier Sues American Airlines After 14-Hour Flight Between Obese Passengers
Michael Anthony Taylor, 67, told Sydney's Daily Telegraph he spent most of the trip from Sydney to Los Angeles either "crouching, kneeling, bracing or standing." He claims the airline wouldn't let him change seats and the awkward positions worsened his scoliosis, and caused back injuries and neck bruising.
Spirit's Flight Cancellations Spark Renewed Fury at Airlines
This time it was Spirit Airlines Inc. in the hot seat, as videos posted to social media showed passengers screaming at each other, pushing and shoving, and clashing with law-enforcement officers at Fort Lauderdale-Hollywood International Airport. The altercations started after flight cancellations Monday night.
It's not what people want, it's what they can afford. -- RF

## Fault lines/flashpoints/powder kegs/military/war drums ##
Philippines, US begin smaller-scale joint military exercises
Far right a fixture in France despite Le Pen defeat
French Election: Protest Vote for 'Nobody' Was Highest In Half a Century
Four million French voters spoiled their ballot or voted "blank" to indicate they wanted neither Emmanuel Macron nor Marine Le Pen in Sunday's presidential election — the highest number recorded in over half a century.
Russian warships spotted in Baltic NATO waters, Latvia says
The Silent Slaughter of the US Air War
The U.S. mainstream media voiced moral outrage when Russian warplanes killed civilians in Aleppo but has gone silent as U.S. warplanes slaughter innocents in Mosul and Raqqa.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Nearly 150 arrested in post-election protests in Paris overnight – police

## Energy/resources ##
A Sobering Look At The Future Of Oil
Wind Industry Titan Soaks Up Billions in Tax Subsidies
Tax Subsidies For Renewables Now Far Outpaces [sic] Fossil Fuels
Europe Rebuilds Grid to Accommodate Green Energy Swell
According to the European Commission (EC), to keep up the pace with the estimated renewable expansion, €400 billion worth of new distribution network investments will be needed across Europe by 2020.
Russia in favor of extended oil production cuts
Why Nuclear Energy Doesn't Dominate the Globe
It was supposed to be the energy of the future. But then came the upkeep.

## Got food? ##
How to survive a nuclear winter
Our dependence on technology is such that if every human in the US went out to the fields to try to raise crops with manual labor, and if they knew what they were doing, and if they had enough food to eat, and if they were healthy, they still could not produce what is produced today.
But that's not all. Our global food production and distribution system is built on oil. Indeed, the "green revolution" was actually an oil revolution — nothing "green" about it! Given the steadily worsening state of the oil industry, the attempt by certain overpopulated countries to buy or lease farmland in other countries, and import the produce to feed their hungry masses, is a non-starter. -- RF

The bad news is that— following close upon the heels of Judge Jackson's March 20 ruling – the State Department asked the court to reconsider. The State Department is arguing that, due to an internal "mistake," it failed to claim that the emails were classified and, therefore, should be exempt from production under FOIA Exemption B(1), which is reserved information related to national security.
German companies plan European online personal data firm
German finance, auto and publishing firms are in talks to form a European company to store personal data securely so customers can make purchases online from different outlets without punching in their details each time.
What could possibly go wrong? -- RF
Cyber attacks on Canadian companies starting to 'explode', says president of cybersecurity firm

## Propaganda/censorship/fake news/alternative facts ##
Turning Gen. Flynn into Road Kill
Although no actual evidence was presented, two ex-Obama administration officials destroyed the reputation of retired Lt. Gen. Michael Flynn, portraying him as a liar and a potential traitor.

## Systemic breakdown/collapse/unsustainability ##
When You Call 911 and Nobody Picks Up
Across the United States, emergency dispatch services are consolidating, and in many cases, run privately. In rural areas, it could mean the difference between life and death.
What was possible in the days of high net energy must be scaled back as net energy declines. -- RF
Lifting age limit for senior workers
Many Japanese companies are raising the age at which people have to stop working. They're also bringing back retired staff, but only until a certain age. Now, a major securities firm is going a step further. It's removing the limit altogether.




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