Tuesday, November 14, 2017

 

News Links, November 15, 2017


## War on cash/cashless society ##
Internet Shutdowns Show Physical Gold Is Ultimate Protection
UNESCO is warning that the number of internet shutdowns is increasing worldwide. According to Statista.com when reporting data provided by digital rights platform accessnow.org, "internet access has been curbed 116 times in 30 countries since January 2016."
Reports of the death of cash are greatly exaggerated

## Airline death spiral ##
TSA Plans to Use Face Recognition to Track Americans Through Airports

## Fault lines/flashpoints/powder kegs/military/war drums ##

## Global unrest/mob rule/angry people/torches and pitchforks ##
Thousands protest proposal for total abortion ban in Brazil

## Energy/resources ##
Is Peak Permian Only 3 Years Away?
Signs have started to emerge that the relentless intensification of drilling leads to diminishing returns, Simon Flowers, Chairman and Chief Analyst at Wood Mackenzie, said in an article this week. Pumping twice as much sand as usual into Permian wells and drilling longer laterals doesn't deliver commensurate volumes of oil, Flowers notes.
Our old acquaintance and destroyer of civilizations — rising marginal cost — makes yet another appearance. -- RF
Are renewable energy cost reductions close to bottoming out?

But there's another, troubling side to the German story: The country still gets 40 percent of its energy from coal, a bigger share than most other European countries. And much of it is lignite, the dirtiest kind of coal. As a result, Germany is set to fall well short of its 2020 goal.
Trump administration seeks to delay findings on pesticides
President Donald Trump's administration is seeking a two-year delay of an upcoming deadline to determine whether a family of widely used pesticides is harmful to endangered species.

## Intelligence/security/internet/cyberwar ##
This is terrifying. People in the audience don't realize what they are cheering and clapping for. Supposedly the drones only kill "bad guys," but what happens when you're designated a "bad guy," or your kind of thinking is branded an "evil ideology"? There's nowhere to hide. -- RF

## Propaganda/censorship/fake news/alternative facts ##
The Attack on 'Fake News' Is Really an Attack on Alternative Media
Mocking Trump Doesn't Prove Russia's Guilt
President Trump is getting mocked for "trusting" Vladimir Putin's denial about "meddling" in U.S. politics — and not accepting Official Washington's groupthink — but ridicule isn't evidence.
Mideast Turmoil: Follow the Oil, Follow the Money
In this scenario, time is running out for Saudi Arabia's free-spending royalty and state-- and for all the other free-spending oil exporters.
Students offered money, rewards for joining gov't events to promote nuclear waste disposal
Students have been lured by money and other rewards to attend government events to promote public understanding linked to hosting final disposal sites for high-level radioactive nuclear waste, one of the organizers said Tuesday.
As fears of Korean conflict loom, health ministry eyes halting outbreaks amid refugee influx
Surveillance and Silence in China's Democracy Village
Streets within the village have been equipped with high-definition cameras and major areas have been sealed off by checkpoints and armed police.
Most UK supermarkets falling short in fight against antibiotics crisis
Overuse of antibiotics on farms is major cause of growing resistance in humans, as campaigners name Lidl as worst performer
## US ##
But whether this ultimately ends in inflation depends on the goods' affordability to consumers. -- RF
Pension Ponzi Bailout: Democrats Sponsor US Treasury Bailout Scheme
Most defined benefit pension plans are nothing but Ponzi schemes. Plans are now unraveling because of demographics. An increasing number of retirees, needing untenable returns, are supported by fewer and fewer people putting money in the system. Democrats sponsored a bailout scheme. Will it pass?
Household Debt Reaches New Peak: A Very Deflationary Setup
Debt Deflation Setup: Credit Card Defaults and Subprime Auto Delinquencies Rise
P2P Loans are "Predatory," Have Delinquency Characteristics of pre-2007 Subprime Mortgages, Could Impact Financial Stability: Cleveland Fed
Hundreds of millionaires are banding together to tell Congress: Raise our taxes
Forget the Bogus Republican "Reform": Here's What Real Tax Reform Would Look Like
The point is to end the current system in which billionaires get all the privileges and financial benefits of owning assets in the U.S. but don't pay taxes that are proportional to the benefits they extract.
Colleges draw fewer foreign students but avoid crisis so far
International enrollments at U.S. colleges have fared better than expected this year, but many schools still fear the country's political climate, according to a national survey.

And finally...




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