Friday, June 02, 2017


News Links, June 2, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Despite the Hype, Italy's Banking Crisis Metastasizes
EU Brexit Document Demands UK Payment for Everything Down to the Gnat's Ass
House Of Cards: Netflix Is One Of The Poster Children For Tech Bubble 2.0
It's a breath of fresh air, and the Trump administration is to be commended for its honesty. The game has always been about global domination and the control of resources and energy. Why pretend it's about anything else? -- RF
Alleged Russia-Taliban Arms Link Disputed
Recent Russia-bashing has included U.S. claims that Moscow is arming the Afghan Taliban, but a senior U.S. intelligence official splashed cold water on that claim in barely noticed testimony.
Japan MSDF and ASDF train with U.S. carriers after latest North Korean missile launch

## Migrants/refugees ##

## Global unrest/mob rule/angry people/torches and pitchforks ##
The Latest: Hundreds demonstrate in Kabul for more security

## Energy/resources ##
Canadian Oil Sands Brace As Oil Majors Dump Shares
But providing access to a minimal supply of clean energy – enough to power two LED lights for a few hours and charge a mobile phone – is probably not enough to significantly improve people's lives, new research suggests.
Canada's Methane Leakage Massively Under-reported, Studies Find
New data shows 'fracking and LNG industry is a much dirtier industry than it is made out to be.'
No, no, no. This argument isn't convincing at all. But people will believe what they want. -- RF
Carlyle OFS Exec: It's Dangerous to Declare Industry in Recovery
It would also considerably reduce the human population, which would be highly beneficial to the planet. That would be, however, an undesirable way to reduce the population. Nevertheless, failure of industrial agriculture is virtually assured, and will result in global famine and mass starvation. -- RF

## Intelligence/security/internet/cyberwar ##
Social media companies step up removals of online hate speech: EU
US Intel Community Launches Face-ID Contest
Wanted: algorithms that can identify people from security-camera footage
Snowden says democracy under threat by attacks on 'fake news'

## Systemic breakdown/collapse/unsustainability ##
When the "Fix" Increases Systemic Fragility, Things Fall Apart
All the "fixes" have fatally weakened the real economy, and created a dangerous illusion of "wealth," "growth" and solvency.
Youth suicide rates are rising. School and the Internet may be to blame.
You ain't seen nothin' yet. -- RF

## Japan ##
Japan flustered by UN human rights concerns
Japan is pushing back against United Nations criticism that its controversial anti-conspiracy bill and other policies infringe on press freedom and individual liberties, calling the characterization unfair and one-sided.
Additionally, further financial burdens on households are forecast as major banks plan to increase the interest rates on mortgages.
U.S. could deploy military on disputed isles off Hokkaido if they are returned: Putin
Russian President Vladimir Putin on Thursday expressed concern that the disputed islands controlled by Moscow but claimed by Tokyo could be armed by the U.S. military if they are returned to Japan.

The once Great Chinese Dragon Economy seems to be burning out as its economic indicators continue to weaken and smolder.  One such indicator is China's rapidly falling industrial silver consumption.  At one time, Chinese industrial silver fabrication was consuming nearly a third of the global total.  However, this has fallen considerably over the past two years.

## UK ##
Fortress Britain's Coming Crackdown
In the wake of the Manchester attack, the U.K. government is stationing troops in cities and fast-tracking new laws to access encrypted messages.
UK's Trident nuclear submarines 'vulnerable to catastrophic hack'

## US ##

And finally...

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