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...

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