Wednesday, August 30, 2017


News Links, August 31, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Fearing Contagion, Russia Bails Out Bondholders in its Biggest Bank Collapse Yet
Failure to raise debt ceiling would be 'more catastrophic' than Lehman collapse, S&P says
As Poverty Surges in Italy, Populists Propose a 'Citizens' Income'
US sanctions are very bad news — unless you're North Korea
Gold Reset To $10,000/oz Coming "By January 1, 2018"
19 European Countries Now Have Negative Interest Rates
A new t-shirt sewing robot can make as many shirts per hour as 17 factory workers

## Airline death spiral ##
Airline problems prompted most complaints to EU consumer body
10 Airlines That Actually Existed in the 1980s
Partially assembled bombs on cargo planes threaten global supply chains
Baggage-Fee Ban Flouted by Airlines in Test of Mexico's Resolve
Face scans, robot baggage handlers - airports of the future

## Fault lines/flashpoints/powder kegs/military/war drums ##
North Korean leader Kim Jong Un calls recent missile launch a 'prelude to containing Guam'
North Korea launch increases focus on risky U.S. shootdown option
Trump: Talking With North Korea Is 'Not the Answer'
Mattis Contradicts Trump: "We Are Never Out Of Diplomatic Solutions" On North Korea
Russian Kalashnikov arms maker presents riot control vehicle
U.S. acknowledges more troops in Afghanistan than previously stated
US Military Battles Syrian Rebels Armed by CIA — Rebels Shot at US Troops Operating Near Manbij

## Migrants/refugees ##
18,000 Rohingya flee violence in Myanmar into Bangladesh
Backed by Italy, Libya enlists militias to stop migrants

## Energy/resources ##
Texas Shale Hit Hard By Hurricane Harvey
The Slow Death Of Nuclear Power In Europe
Harvey knocks out more refineries, shifting global oil flows
Largest U.S. East Coast refiner sells all prompt gasoline amid heightened demand: source
About A Quarter Of US Fuel Output Shut As Harvey Churns On
Tropical Storm Harvey inflicted more damage on the heart of the U.S. energy industry overnight after flooding the biggest U.S. refinery in Texas and then churning into Louisiana, causing fuel shortages and high gasoline prices that could afflict the country for weeks.
Bulgaria starts building nuclear waste dump, addressing EU concerns

## Got food? ##
The world could run out of food two decades earlier than thought
By 2027 the world could be facing a 214 trillion calorie deficit, says Sara Menker, founder and chief executive of Gro Intelligence, an agricultural data technology company. In other words, in just a decade, we won't have enough food to feed the planet.

## Environment/health ##
World's soils have lost 133 billion tonnes of carbon since the dawn of agriculture, study estimates
The degradation of the Earth's soil by humans has been an environmental catastrophe on a similar scale to the deforestation of much of the planet, a new study suggests.
Worries about a Galveston Bio-Lab
The flooding caused by Hurricane Harvey has left thousands homeless in the greater Houston area but there also is rising concern about a biological lab in Galveston that houses deadly diseases.
CO2 is changing the jet stream in ways that will create more Harveys

## Intelligence/security/internet/cyberwar ##
Harvey Knockout of Cell Service Revives Talk of Backup Power
Is Hillary Running the FBI? "Lack of Public Interest in Emails Justifies Withholding Documents" Says FBI

## Systemic breakdown/collapse/unsustainability ##
Systemic Uncertainty, Meet Fragility
That's the problem with fragility: everything looks fine on the surface until a crisis applies pressure. Then the whole rickety contraption collapses in a heap.
Police to deploy large helicopters for border security, remote-isle incidents

## China ##
Chinese localities selling off land faster
Credit card lenders 'targeting people struggling with debt'
Citizens Advice finds almost one in five people struggling with debts have had their card limit raised without request
More than 100 charities claim they are being gagged by anti-lobbying rules
Letter signed by 122 organisations including Save the Children and Greenpeace 
 their voices are being silenced due to 'draconian' legislation

## US ##
Look for Military Drones to Begin Replacing Police Helicopters by 2025
General Atomics is working hard to put a close cousin of its Reaper anti-terrorism drone in the hands of local law enforcement.
The US Cities with the Biggest Housing Bubbles
This is how monetary policies have crushed the value of labor.

And finally...
LOL: You can spend $1,200 to hear Hillary Clinton whine about her 2016 election loss
To sit in the audience and hear her prattle on about Russians, Macedonians, WikiLeaks, Alex Jones and sexism, you will need to dole out as much as $1,200 for a single ticket.

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