Friday, September 08, 2017

 

News Links, September 9, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
The Real Reason Wages Have Stagnated: Our Economy is Optimized for Financialization
The incredible falling dollar: Greenback hits new 2017 low
GE shares are trading below where they were the day of Lehman's bankruptcy
China's audacious infrastructure plans could put a major strain on African economies
The "One Belt One Road" as conceived will never be finished. -- RF
Oman To Become A Key Part Of China's Silk Road
Expats Don't Want To Live In The US & UK Anymore

## Airline death spiral ##
United Continental: Is Something Amiss?

## Fault lines/flashpoints/powder kegs/military/war drums ##
Malaysian Coast Guard Seizes Oil Tanker From Pirates
The Malaysian coast guard has apprehended 10 pirates who seized an oil tanker carrying $1.7 million in diesel, in the fourth attack by pirates in Malaysian water this year so far.
The single registry would eschew multiple databases in favor of a one-stop-shop that would allow law enforcement to remotely identify and track unmanned aircraft, along with their operator and owner.
Despite all the hoopla, we have to keep in mind that basically, hydrogen too is a battery, because it's just a way of storing energy in a different form. It's not an energy source. -- RF

With an average of 83 percent of samples harboring plastic, the U.S. fared the worst with a whopping contamination rate of 94 percent.
Monarch butterflies disappearing from western U.S., researchers say
Migratory monarch butterflies in the west could disappear in the next few decades if steps aren't taken to recover the population, according to researchers.

## Systemic breakdown/collapse/unsustainability ##
Federal auditors say US nuclear dump running out of room
Still, this is, by comparison, a very minor problem. -- RF

## US ##
Can't afford the dentist? You're not alone
Nobody loves a trip to the dentist, but for many middle-aged Americans even basic dental care is now financially out of reach, a new poll finds.
Welcome To The Third World, Part 25: Losing Faith In College
Let's be honest. It's just an expensive driver's license. The system wants to see who was able to find the money and put up with the rigmarole to get a degree. Not to mention that it's a great way to indoctrinate young minds. It's a shame, because college could be so much more. -- RF
Brick & Mortar Meltdown: Bon-Ton Department Stores Hires Bankruptcy Advisor
Vitamin World plans to file for bankruptcy, Perfumania Holdings just filed. And Toys R Us… All in just two weeks.
Jamie Dimon ventures beyond Wall Street to have a say in Washington
JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon is starting to look like Corporate America's shadow president.
More Millennial households are in poverty than households headed by any other generation.




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