Sunday, October 15, 2017


News Links, October 16, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
A US debt ceiling crisis 'certainly would be rating relevant,' S&P says

## War on cash/cashless society ##
'We are about to see massive disruptions': IMF's Lagarde says it's time to get serious about digital currency

## Airline death spiral ##
Etihad flight from Abu Dhabi makes emergency landing in Australia

## Fault lines/flashpoints/powder kegs/military/war drums ##
For War Hawks, Iran Deal Dump Is Music to the Ears
And Trump is playing right into their regime change fantasties.
Duterte says he refused British aid, ready to lose Europe
The Philippine president said he has asked his finance secretary to reject an unspecified British financial aid package and that he's ready to cut diplomatic ties with all European countries critical of his deadly anti-drug crackdown.
Fueling More Bloodshed in Ukraine
In the U.S., Russia-hating liberals are joining the neocons in seeking more war in Ukraine, as the prospects for a rational and peaceful resolution to the crisis continue to fade.
Trump's North Korea Delusions
A combination of ignorance and rashness is making President Trump a particularly dangerous leader as he crashes ahead with a possible preemptive war on North Korea.

## Energy/resources ##
World's Largest Oil Companies: Deep Trouble As Profits Vaporize While Debts Skyrocket
The world's largest oil companies are in serious trouble as their balance sheets deteriorate from higher costs, falling profits and skyrocketing debt.  The glory days of the highly profitable global oil companies have come to an end.  All that remains now is a mere shadow of the once mighty oil industry that will be forced to continue cannibalizing itself to produce the last bit of valuable oil.
Chevron Quits Australian Deepwater Oil Exploration
Chevron has decided to drop its US$500-million exploration program in the Great Australian Bight off the coast of South Australia as low oil prices make the commercial viability of any potential discovery doubtful, the company said in a statement.
Even at current prices, the oil industry is slowly crashing. See first article in this category. -- RF
Iran's oil exports to S Korea hit record high

## Got food? ##
Famine threatening 4 countries casts shadow over global hunger progress
Wildfires now up to 100 miles wide as death toll reaches 40
Latest North Korea earthquake a sign of instability at nuclear test site: Experts
A series of tremors and landslides near North Korea's nuclear test base likely mean the country's sixth and largest blast has destabilized the region, and the Punggye-ri nuclear site may not be used for much longer to test nuclear weapons, experts say.
Good lifestyle choices likely to add years to lifespan
A new study claims that found not smoking, watching your weight and continuing to learn new things could help you live longer.
San Francisco's Air Quality Matches Beijing's
Air quality in San Francisco sank to the level of smog-choked Beijing this week, as soot from more than a dozen wildfires in California's wine country blanketed the Bay Area.

## Intelligence/security/internet/cyberwar ##
USA Liberty Act: More of the Same Old Surveillance State Games

## Propaganda/censorship/fake news/alternative facts ##
Spy Spin Fuels Anti-Kaspersky Campaign
The Deep State's Bogus 'Iranian Threat'
In a word, the whole notion that Iran is a national security threat and state sponsor of terrorism is just as bogus as the Russian meddling story or the claim that the chain of events resulting from the coup d' etat fostered by Washington on the streets of Kiev in February 2014 is evidence of Russian expansionism and aggression.

## Systemic breakdown/collapse/unsustainability ##
US Debates Infrastructure Spending: How Will We Pay for Repairs?
With an $18 trillion economy, the U.S. relies on an antiquated infrastructure system that was put in place decades ago by the Eisenhower administration. Many economists and engineers say delays and ever-increasing maintenance costs have dramatically held back economic growth.
South Africa's infrastructure is "at risk of failure"
Official documents obtained exclusively by INSURGE confirm that governments across the Muslim world privately recognise that climate change is a threat of "unimaginable proportions", already compounding problems of land, food, water and energy scarcity.

## Japan ##
In today's world, a natural decrease in the human population is one of the best things that could happen to any country. Yet, the only solution that brain-dead growth advocates can see is "more humans." -- RF
## China ##

## UK ##
The new Clean Growth Strategy at a glance
Frydenberg signals government poised to abandon clean energy target
Energy minister says electricity sector wants stability, 'not necessarily handouts' suggesting renewables won't be subsidised after 2020
UK safe from winter blackouts, says National Grid

## US ##

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