Thursday, September 28, 2017


News Links, September 29, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
WEF warns of 'vast numbers of jobs' being disrupted by automation and robots
Landlord's View of the Brick and Mortar Meltdown
"We are faced with weekly tenant bankruptcies, defaults, and requests for rent or space reductions."
JetBlue Wants You to Be Happy With Less Space
The airline is redoing its A320 cabins with mood lighting, more channels, bigger screens—and a dozen more seats.

## Fault lines/flashpoints/powder kegs/military/war drums ##
North Korea's Rational Nuclear Strategy

## Energy/resources ##
Saudis Raise $12.5B To Plug Budget Deficit From Low Oil Prices
Saudi Arabia said on Thursday that it had issued US$12.5 billion in three tranches of notes, the second issue under its Global Medium-Term Note program, as the desert Kingdom desperately tries to offset the budget deficit incurred by the lower-for-longer oil prices.
Fuel shortage looms as Japan fires up biomass energy
The sheer number of projects has raised questions about how they will all find sufficient fuel, mostly shipped in from countries like Canada and Vietnam, while some experts question the environmental credentials of such large-scale plants.
Storm-Ravaged Caribbean Is Eyeing Solar, But It Won't Come Cheap
India May Raise Natural Gas Price First Time in 3 Years: Survey
India may increase domestic natural gas prices for the first time in nearly three years, providing some relief to producers who are struggling to recover costs, a Bloomberg survey of analysts and industry participants showed.

## Environment/health ##
The Post-Antibiotic Era Is Here. Now What?

## Intelligence/security/internet/cyberwar ##
"There remains no evidence that the Russians altered one vote or changed one registration," said Judd Choate, president of the U.S. National Association of State Election Directors.
U.S. does not believe Cuba is behind sonic attacks on American diplomats

## Propaganda/censorship/fake news/alternative facts ##
Facebook Expects To Turn Over 3,000 "Russia Ads" To Congress In The Coming Days
WPost Pushes More Dubious Russia-bashing
Special Report: The Washington Post has published another front-page story about Russia maybe placing some ads on Facebook, but the article violates a host of journalistic principles in hyping its case.
The Rise of the New McCarthyism
Special Report: As the New McCarthyism takes hold in America, the neocon Washington Post makes Russia the villain in virtually every bad thing that happens, with U.S. dissidents treated as "fellow-travelers."
The MSM's Anti-Russia Bias
The U.S. mainstream media (MSM) presents itself as the arbiter of truth-telling and journalistic professionalism – the global gold standard – but its deep-seated biases, especially on Russia, belie that self-image.
The Slimy Business of Russia-gate
The "Field of Dreams" slogan for America's NGOs should be: "If you pay for it, we will come." And right now, tens of millions of dollars are flowing to non-governmental organizations if they will buttress the thesis of Russian "meddling" in the U.S. democratic process no matter how sloppy the "research" or how absurd the "findings."

## Systemic breakdown/collapse/unsustainability ##
The Seneca Cliff as an Effect of Bureaucracy
Here the main cause is the weather; in the future it will be financial collapse. -- RF
Puerto Rico is our Future

## Japan ##
Tokyo governor Koike vows break from the past with new party
The only break with the past will be new faces and new names. -- RF
Japan's Social Security Burden Frustrates BOJ Inflation Efforts
Companies' social insurance payments now exceed their income taxes
Biomass power boom prompts Japan to tame rising utility rates
China's mortgage debt bubble raises spectre of 2007 US crisis
Many young homeowners in booming cities owe more than they earn, and some even falsify salary details to get bigger mortgages

## US ##
The top 1% of Americans now control 38% of the wealth
This Chart Defines the 21st Century Economy
There is nothing inevitable about such vast, fast-rising income-wealth inequality; it is the only possible output of our financial and pay-to-play political system.
These charts clearly illustrate that the U.S. consumer has steadily relied on increasing amounts of debt to maintain an artificial standard of living. Through the use of credit, personal and government, U.S. households have pulled forward future consumption.

And finally...

Tuesday, September 26, 2017


News Links, September 27, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Corporate Mirage: Debt out the Wazoo, Sales Languish, Stocks Soar

## Airline death spiral ##
China to Cut Flights in Bid to Improve On-Time Rate
China's two largest airports will cut the number of flights scheduled for departure in an attempt to improve the country's notoriously poor on-time departure rate.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Kissinger urges greater cooperation with China as 'the world's centre of gravity' shifts
US elder statesman tells a Columbia University conference the only alternative to positive relations between Washington and Beijing is global destruction

## Got food? ##
Sixth mass extinction of wildlife also threatens global food supplies
Plant and animal species that are the foundation of our food supplies are as endangered as wildlife but get almost no attention, a new report reveals
Drowning in the waste of Israeli settlers
Some 19 million cubic metres of wastewater from Israeli settlements flows through the occupied West Bank each year.
Are plastic nanoparticles causing brain damage in fish?
Fish may be suffering brain damage as a result of plastic pollution. New research shows plastic nanoparticles can end up inside the brains of fish.

## Intelligence/security/internet/cyberwar ##

## Propaganda/censorship/fake news/alternative facts ##
Obama tried to give Zuckerberg a wake-up call over fake news on Facebook
The "logic" (and I use the term loosely) of Russia-gate gets more tortured with each new wave of nonsensical and bathetic accusations. BTW, how do these same people justify US meddling in the politics and elections of other countries, including Russia? -- RF

## Systemic breakdown/collapse/unsustainability ##
Pilot shortage plagues Air Force
"We're 1,500 pilots short, and if we don't find a way to turn this around, our ability to defend the nation is compromised," said Air Force Chief of Staff Gen. David Goldfein.
China's mortgage debt bubble raises spectre of 2007 US crisis
Many young homeowners in booming cities owe more than they earn, and some even falsify salary details to get bigger mortgages
The nerve of taxpaying citizens who ask to see what they're paying for! -- RF
Inflation continues to eat away at purchasing power in housing and other big ticket items.
Our Crazy-Making, Profiteering Education-Career Maze
The answer is not another $1 trillion in student loan debt to pay for another raft of declining-value credentials.

And finally...

Sunday, September 24, 2017


News Links, September 25, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Harvey and Irma Won't End Carmageddon
GM cuts entire shift at factory for crossovers due to "moderating" sales, layoffs not temporary.
The Demise of the Dollar: Don't Hold Your Breath
Hewlett Packard Enterprise to Lay Off 10% of its Staff
Master of share-buybacks and revenue-shrinkage does what it does best.

## Cut, baby, cut! ##
French president says Nokia job cut plan breaks commitment

## War on cash/cashless society ##
Hang on to your cash. This dash to digitise payments is dangerous
Banknotes and coins are a public utility, and companies make no profit from their use. Hence the drive for cashlessness – and with it, greater surveillance

## Airline death spiral ##
Near miss at Hong Kong airport prompts investigation
Israel's Stall-Forever 'Peace' Plan
Despite boosting the idea of Mideast peace, President Trump shields Israel in its resistance to a workable agreement with the Palestinians.
Catalonia Referendum Is a Precedent Most in EU Hope to Avoid

## Intelligence/security/internet/cyberwar ##
More Holes in Russia-gate Narrative
New tests support the skepticism of U.S. intelligence veterans that Russia "hacked" the DNC's computers, pointing instead to a download of emails by an insider. (William Binney, Ray McGovern)

## Propaganda/censorship/fake news/alternative facts ##
The Killing of History
PBS' "The Vietnam War" may show some of the conflict's horrors but still soft-pedals the horrific war crimes that America inflicted on Vietnam, fitting with a corporate-dependent documentary project.
Russia was the target of Nato's own fake news
Military and media reports hyped the Zapad military exercise as a major threat. In fact, what took place was nothing as dramatic as the West's warnings would have led you to believe
The Crazy Imbalance of Russia-gate
If the U.S. government and mainstream media are really concerned about foreign influence in American politics, they might look at Israel and other nations with much more clout than Russia.

## Systemic breakdown/collapse/unsustainability ##
The Steep Price of Disaster in Mexico
Rebuilding with no insurance and little government aid.
Increasingly, the world will find itself without the financial means to recover from natural disasters. -- RF
US to renew nuclear pact with Japan
Japan would be able to continue to stockpile plutonium
Under the guise of a civil nuclear program, Japan has become a de-facto nuclear weapons state without so far having to take that next fateful step.
Typically, these "solutions" don't see that the main problem is net energy decline. -- RF

## China ##
Beijing's military threats in South China Sea could hurt energy firms
And finally...

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