Tuesday, September 12, 2017

 

News Links, September 13, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
The U.S. is now over $20 trillion in debt — here's how it got there
So Where Does the Money Go that Mexico Borrows?
Answers emerge. Including offshore private accounts.
Dubai Property Set to Fall Further as Vacancies Climb
Dubai residential property prices and rents are set to fall further as losses of high-paying jobs and dwindling household  incomes boost vacancies across the city, according to Phidar Advisory.


## War on cash/cashless society ##
Jamie Dimon Slams Bitcoin as a 'Fraud'

## Fault lines/flashpoints/powder kegs/military/war drums ##
'THAAD' anti-missile system can't protect South Korea from missile attacks by itself


## Global unrest/mob rule/angry people/torches and pitchforks ##
Green resistance mounts in communist Vietnam
Environmental causes have unified Vietnamese social activists across geography, class and ideals, a politically potent convergence the ruling Communist Party is struggling to stop

## Energy/resources ##
Average US gas price jumps after Harvey shuts refineries
Industry analyst Trilby Lundberg said Sunday that it was the biggest price hike recorded by the Lundberg Survey since 2011.
Goldman: Harvey, Irma Cause 900,000 Bpd Drop In Demand
China Sends One of the West's Most Critical Materials Soaring
Tungsten, used to harden steel in ballistic missiles and in drill bits, has surged more than 50 percent in the last two months amid growing concern about supply cutbacks in China, where about 80 percent of the metal comes from. The country is clamping down on polluting mines and enforcing production quotas.
Unknown Oil & Gas Deal Just Changed The Global Energy Balance
One of the biggest energy stories this year has been Russia's Rosneft buying India's Essar Oil — giving the Russian company a firm grip on one of the world's biggest emerging oil and gas markets.
India Sees Lowest Fuel Demand Growth In 14 Years
India reached a 14-year low in fuel demand as the effects of a massive flooding event that unfolded over the past few weeks become clearer.
Tanzania's Mining Sector Just Collapsed
Power Grids Serving 99 Million Americans Have Record Low Prices
Strong overseas demand for Australia coal deprives local utilities of fuel

## Got food? ##
Irma may have caused losses of up to 30 percent on some major ag crops in Florida
Study shows impact of global warming on coffee production
New climate research suggests Latin America will face major declines in coffee-growing regions, as well as bees, which help coffee to grow.
This "future" of food will last only until the blackouts come. Learn how to garden. -- RF

'All of us can be harmed': Investigation reveals hundreds of Canadians have phoney degrees
A Marketplace investigation of the world's largest diploma mill has discovered many Canadians could be putting their health and well-being in the hands of nurses, engineers, counsellors and other professionals with phoney credentials.
Those companies, plus Slack, Tinder, and a half-dozen others, possess more than enough financial and personal data for hackers to steal our identities and, possibly, rack up fraudulent charges. They also have private messages, photographs, and most of our secrets.
Not to mention that intelligence agencies hoover up the information and use it to populate their databases. -- RF

## Propaganda/censorship/fake news/alternative facts ##
Has the NYT Gone Collectively Mad?
Special Report: Crossing a line from recklessness into madness, The New York Times published a front-page opus suggesting that Russia was behind social media criticism of Hillary Clinton.
State owned Saudi propaganda tries to blame 9/11 on Iran

## Systemic breakdown/collapse/unsustainability ##
Hurricane Irma will likely cover South Florida with a film of poop
Crappy infrastructure + too many humans + rising sea level + overdevelopment = one heckuva mess. -- RF
A depressed man with a smiling face: Jorgen Randers speaks at the Summer School of the Club of Rome in Florence
Jorgen Randers' speech at the Summer School at the Club of Rome has been dramatically different from the standard speech dealing with sustainability. Randers defined himself as a "depressed man with a smiling face" and he summarized his 47 years of work to promote sustainability as an utter failure. "We are worse off now," he said, "than we were 50 years ago. 
And the shortage of qualified workers will only worsen. Childraising, education, and training in high-tech industrial societies are energy-intensive endeavors, and net energy decline makes them progressively more difficult. -- RF

## Japan ##
NGOs complain to IOC over Tokyo Games environmental record
Dozens of environmental group sharply criticised organisers of the Tokyo 2020 Olympics on Monday for alleged exploitation of tropical rain forests, claiming this was also potentially fuelling human rights violations.
Here's the best way to limit the risk of 'widespread' hurricane damage
The National Flood Insurance Program increases that risk as it offers subsidies to home owners, encouraging development in flood zones.




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