Sunday, October 01, 2017


News Links, October 2, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
IBM: Big Shrink Bulks Up in India, Guts US Jobs, to Please Wall Street

## Cut, baby, cut! ##
In the long run, Uber will cut 40,000 jobs in London

## War on cash/cashless society ##
US 'probing" to see if North Korea interested in dialogue: Tillerson
The United States is probing North Korea to see whether it is interested in dialogue and has multiple direct channels of  communication with Pyongyang, U.S. Secretary of State Rex Tillerson said on Saturday.
Hurricane Maria May Be a Preview of Climate-Fueled Migration in America
Hundreds arrested in immigration operation targeting sanctuary cities

## Global unrest/mob rule/angry people/torches and pitchforks ##
Federal judge: Black Lives Matter is a social movement, can't be sued

## Energy/resources ##
Although prices of $100/bbl or higher are needed if the oil industry is to survive, users can't possibly pay such high prices. Airlines would be grounded and economies would grind to a halt. So higher prices are possible, but not sustainable. -- RF
Forest loss means tropics emit more carbon than they trap: study
The widespread loss of forests in the tropics means the region emits more carbon than it captures, reversing its longtime role as a safeguard against climate change, researchers said Thursday.
How Did 6,223 Sharks End Up on Ship With No Fishing Equipment?
Monsanto banned from European parliament
MEPs withdraw parliamentary access after the firm shunned a hearing into allegations that it unduly influenced studies into the safety of glyphosate used in its RoundUp weedkiller

## Intelligence/security/internet/cyberwar ##
Seriously, if she'd read any history she'd know that the title of "worst" is totally up for grabs. -- RF
Apple sees sharp increase in U.S. national security requests
Apple Inc (AAPL.O) has received more than four times as many national-security related requests from the U.S. government in the first half of this year versus a year ago, according to a company report on Thursday.
Mystery dump: State Department releases thousands of Hillary Clinton documents

## Propaganda/censorship/fake news/alternative facts ##
The disappointment apparently stems from Twitter's failure to find explosive evidence of Russian sculduggery. -- RF

## Systemic breakdown/collapse/unsustainability ##
Colorado says 430 pipelines failed leak test after explosion
Surprise! The Rules Will Change (But Not to Your Benefit)
These expedient fixes end up crippling the mechanisms that are needed to actually solve the systemic sources of the crisis.
Study Says Climate Change Could Lead to Rougher Roads
There's just too much stuff. -- RF
America's economy has a growing labor crisis -- a shortage of skilled construction workers.
As I've observed numerous times, net energy decline cripples the ability of high-tech industrial society to educate and train enough skilled workers to maintain that society. -- RF
Puerto Rico: When the electricity stops

## Japan ##
Radioactive water may have been leaking from Fukushima reactor buildings since April: Tepco

## China ##
Big Cities Tighten Grip on Home Loans
A manager of a midsize bank has told Caixin that if borrowers are found to be using consumer loans to buy homes, the bank will demand they immediately pay back the principal and interest on those loans.
China's Djibouti military base: 'logistics facility', or platform for geopolitical ambitions overseas?
Official peacekeeping mission notwithstanding, new outpost has docking facilities that can handle most vessels in China's naval fleet
Many Chinese regions may be exaggerating economic growth
China's official economic growth statistics have long been so suspect that even current Premier Li Keqiang once called them unreliable. At least one province this year is on record as having padded data, and numbers released elsewhere strongly suggest that the problem is widespread.

## US ##
What Are Cities Spending Big On? Increasingly, It's Debt.
Many have gotten themselves into a fiscal squeeze paying bills they ran up decades ago. View data for dozens of cities.

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