Tuesday, June 20, 2017


News Links, June 21, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
German Politicians Hammer the ECB, But Only to Get Votes
They know: the Eurozone would plunge into a sovereign debt crisis all over again, only worse this time.
IMF's new program to preapprove emergency access to dollars
The International Monetary Fund will introduce a framework to mitigate currency crises by ensuring easy access to dollars without requiring the onerous structural reforms that have marked past rescue programs.
It's virtually certain that most currently existing national governments, including that of Argentina, will not exist 100 years from now. -- RF
What Is the Market Telling Us?
The entire global economy now depends on this stripped-of-information "market" for its stability.

## Airline death spiral ##
Australia Halts Syria Air Strikes After Russia Warning
Following Russia's warning that US-coalition warplanes that stray outside of certain parts of Syria will be considered targets for their air defense, Australia has announced it will be totally halting air operations inside Syria as a "precautionary move."
Spoiling for a Wider War in Syria
America's neocons are back pounding the war drums, urging President Trump to escalate U.S. military attacks inside Syria even if that means hitting Russian targets and risking a new world war.
Israel Secretly Paying Salaries of Syrian Rebels on Golan Heights Border: Report
Israel is secretly supporting Syrian rebels operating near its occupied Golan Heights territory, providing money, food, fuel and medical supplies, according to fighters who claim to receive the aid.
The Qatar Blockade, the Petro-Yuan, and the Coming War on Iran
Indonesia, Malaysia, Philippines launch joint sea patrols
Southeast Asian neighbors Indonesia, Malaysia and the Philippines launched coordinated maritime patrols on Monday to intensify their fight against Islamic militants who have laid siege to a southern Philippine city. 
Saudis Foil Attack By Unknown Enemy On Offshore Oil Field
More Damning Evidence That the U.S. Is Directly Backing Al Qaeda-Linked Groups
Qatar Accuses UAE of Supporting 9/11 Terror Attacks as Diplomatic Crisis Deepens
Why is everything "massive"? Don't journalists know any other adjectives? -- RF
Israeli Settlement Construction Rates Soaring Across West Bank
The latest figures released by Israel's Bureau of Statistics is showing a massive escalation in settlement construction across the occupied West Bank, with construction starting on 2,758 houses in the past 12 months, an increase of 70% over the previous 12 months.
Many businesses are salivating over the prospects for the nuke plant decommissioning market, but plant owners and operators will be spending far less money on such services than now envisioned. I stand by my prediction that most nuclear power plants will never be properly decommissioned (if at all), with the result that our planet will be peppered with what are in effect nuclear time bombs. -- RF
Oil Bears Are Back as Prices Fall and Driller Shares Take a Hit

## Got food? ##
Global warming brews big trouble in coffee birthplace Ethiopia
Rising temperatures are set to wipe out half of Ethiopia's coffee-growing areas, with loss of certain locations likened to France losing a great wine region

## Solutions ##
Invest in the Highest Value Asset: Personal Skills

## Environment/health ##
In 2014, scientists with the USGS published a report where they modeled what would happen if a large, explosive eruption took place at the supervolcano. Their findings showed most of the country would be covered in a blanket of ash, with some areas being buried up to a meter deep.

## Intelligence/security/internet/cyberwar ##
Google tightens measures to remove extremist content on YouTube
Limiting entry to casinos to curb gambling addiction

## China ##
Hong Kong bridge scandal widens with revelation that concrete tests were faked at 55 other projects
Government department also reveals an extra 116 'problematic' findings that lab contractor Jacobs China carried out on the mega bridge
As Hong Kong Flats Shrink, Developers' Coffers Swell
Sometime later this year, Hong Kongers may be able to pay for the privilege of living in apartments so small they're comparable to prison cells.
Obviously there are too many humans. But it's taboo to say so. -- RF

## UK ##
Brent Exit
UK has actually more important problems to solve than the planned Brexit, and this is the exit of their oil and gas industry over the years to come. This is not a voluntary exit; it is forced on the economy by the laws of oil depletion which governments are still in denial of.
Several injured when vehicle rams people leaving London mosque- witnesses
Nobody Wants Trump in Office More Than Democrats
When voters gave [the Democrats] majorities in Congress in 2006, telling exit pollsters that the top reason was to end the war on Iraq, Rahm Emanuel openly told the Washington Post they planned to keep the war going in order to run "against it" again in 2008.

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