Tuesday, July 25, 2017


News Links, July 26, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
European banks struggle to solve toxic shipping debt problem
Shipping firms and banks are caught in a vicious circle of debt, causing a credit crunch that is hindering the industry's recovery.
Canadian Finance Minister Boasts about Crony Capitalism in Warren Buffett's Bailout of Home Capital Group
"It was probably not a coincidence that the Prime Minister and I were in Seattle meeting with Warren Buffett."
There Is Only One Empire: Finance
Any nation-state that meets these four requirements is fully exposed to a global loss of faith in its economy, debt, balance of payments and currency.
Japan wants US to tighten airport checks
Japanese authorities made the request following 4 separate cases of US citizens arriving at Japanese airports possessing guns and bullets since May.
Woman tackled by five passengers after sprinting for cockpit on flight
It was a record-setting week for people trying to take guns on planes
Turkish Airlines Flight Diverted Due to Bomb Threat
China offers to mediate Djibouti-Eritrea border row as it expands military presence in Africa
The offer to help resolve the East African countries' dispute comes after China's fleet began to sail to its first overseas base in the Horn of Africa
A coup in the House of Saud?
The secret is out: the ascension of Mohammad bin Salman, displacing CIA favorite Mohammad bin Nayef as Crown Prince, was in fact a white coup
Iran and Iraq Sign New Military Cooperation Deal
The Defense Ministers of Iraq and Iran have agreed to a memorandum of understanding which aims to increase military cooperation between the two sides, with a focus on fighting against terrorism and cooperation on technical and  border security matters.

Learning to lie comes easy to psychopaths
"The stark contrast between individuals with high and low levels of psychopathic traits in lying performance following two training sessions is remarkable," said lead researcher Dr. Tatia Lee.
Study: Significant decline in sperm counts in Western men
Men from North America, Europe and Australia have seen their sperm count decline more than 50 percent in less than 40 years, researchers found.

## Propaganda/censorship/fake news/alternative facts ##
New York Times asks 'Fox & Friends' for apology

## Systemic breakdown/collapse/unsustainability ##
In the Footsteps of Rome: Is Renewal Possible?
Sadly, a big number of people in the world will be unemployed within the next few years. At that point, governments will be insolvent and print money which will be worthless. There will be no social security and no pension system. The health care system will also fail in many countries with disastrous consequences.
"Parasite" adult children are a national scourge, Josei Jishin finds. A government survey it cites shows 20% of people 60 or over must help support their children and grandchildren. Financial planner Masako Hatanaka says the actual figure is probably significantly higher. It's a problem most people prefer not to talk about.
Purges and party propaganda: China's lively streaming sites get back behind the communist line
China's popular and lucrative video-streaming websites are censoring their content and offering Communist Party propaganda as they brace for even tighter controls on the internet.

## UK ##
Britain's Economy Is Almost Flatlining
IMF cuts British growth forecast after weak first quarter
It's hopeless. Democrats are one-half of the problem. -- RF
Don't fall for it. This is just a continuation of the Republicrat scam that keeps stringing along US voters, one election cycle after another. No matter how much politicians say "change," we all know that the more things change, the more they stay the same. It's the same old China-style one-party system. -- RF
Stunning Lack of Market Decline Highlights Surreal New Normal
Investors are conditioned to believe the Fed has got their back. But they might be wrong.

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