Sunday, December 17, 2017

 

News Links, December 18, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Report: Rich will get still richer unless policies change
While most Fed officials think low inflation this year is due to transitory factors, "this could end up being something that is more ingrained and turns out to be permanent," [Yellen] said.
The United States Is Now as Unequal as Russia. And That's Before the Tax Bill.
A new report shows how the 1 percent have sucked up 39 percent of America's wealth.

## Fault lines/flashpoints/powder kegs/military/war drums ##
White House Corrects Tillerson, Rejects North Korea Talks
"China Should Prepare For Nuclear Conflict": Beijing Warned To Be Ready As War On Korean Peninsula "Possible At Any Time"
Israeli workers strike nationwide to protest Teva layoffs

## Energy/resources ##
The Oil and Gas Industry Wakes Up to Blockchain
The rush to blockchain and AI is accelerating. Imagine how this is going to boost energy consumption. -- RF
What Goes Up Must Come Down: the Challenge of Rig Decommissioning
The cost of decommissioning is rising sharply, with experts predicting it will reach $13 billion a year globally by 2040.
As far as propping up industrial civilization, this doesn't seem very promising to me. But you be the judge. -- RF

Hot tea may help ward off eye disease, study says
The study of U.S. adults found that people who drank hot tea on a daily basis were 74 percent less likely to have glaucoma, compared to those who were not tea fans.
100 million still pushed into extreme poverty because of health expenses
Large, valuable, private properties will 'fall into the sea' because of climate change (Ireland)
Houses, including some large valuable private properties, will fall into the sea and it is not in the public interest to save them, a climate change conference has heard.
"When I say that we're losing the battle, I would like you to realise that of the countries represented here, 5, 10 or 15 of them won't exist anymore in 50, 60 or 100 years."
Concerned about radiation exposure? No more smartphone pillow talk
Keeping phones away from the bed is one of several tips from California health authorities

## Intelligence/security/internet/cyberwar ##
Trump's Misuse of Intelligence on Iran
Bowing to Israeli-Saudi desires, the Trump administration is abusing the U.S. intelligence process to whip up a war fever against Iran, much like George W. Bush did on Iraq.

## Propaganda/censorship/fake news/alternative facts ##
Protecting the Shaky Russia-gate Narrative
The New York Times continues its sorry pattern of falsifying the record on Russia-gate, giving its readers information that the newspaper knows not to be true.
Australian Government Wants To Punish Whistleblowers And Journalists Who Leak Classified Documents With Up To 20 Years In Prison
The Grand Hothead is still at it. All we can hope is that cooler heads prevail. -- RF

## Systemic breakdown/collapse/unsustainability ##
Doug Casey on What Happens After the Next 9/11

China's CNPC Considers Taking Over South Pars Gas Field
China National Petroleum Corporation (CNPC) is mulling the taking over of the majority stake in an Iranian gas project from Total if the French company walks out of Iran to comply with possible new U.S. sanctions.
Why Chinese province is warning citizens of nuclear war
Newspaper's what-to-do list hints that Beijing is running out of options

## UK ##
More than $600,000 spent on police gear for pipeline protest
North Dakota law enforcement purchased more than  $600,000 worth of body armor, tactical equipment and crowd control devices during the height of protests against the Dakota Access oil pipeline, state invoices show.

And finally...




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