Tuesday, December 19, 2017

 

News Links, December 20, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Yuan-Priced Crude Futures Could Arrive Before Christmas
'Tis the season to fine the homeless?
In Frankfurt, the wealthy epicenter of Germany's finance sector, homeless people will now have to pay fines for sleeping on downtown streets. The move came as German President Frank-Walter Steinmeier called for better support for the nation's homeless on Monday.

## War on cash/cashless society ##
Regulating Cryptocurrencies--and Why It Matters

## Airline death spiral ##
Cabin pressure: Are airline contractors cutting corners on safety to earn business?
Former and current pilots at Air Georgian, which annually handles 62,000 Air Canada Express-branded flights, allege it has a troubling approach to safety and maintenance, but the airline said it is one of the country's most audited airlines, and the results of those evaluations put it in "the top tier" of Canadian operators.
Flying is expensive, so these airports will give you goodies for free
Airlines are struggling to keep pace with rising passenger expectations as competition flies
Airlines are facing rising turbulence from sky-high customer expectations amid a tough competitive environment that has seen the likes of Monarch, Air Berlin and Alitalia run into trouble this year.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Gunmen assassinate mayor of Libya's biggest port city
Mikhail Ulyanov, director of the Department for Nonproliferation and Arms Control at the Russian Foreign Ministry, told Sputnik News: "Russia returned all its nuclear weapons to its national territory. We believe that the same should have been done by the American side a long time ago."
From the mouth of Uncle Sam, the world's champion meddler. What irony. -- RF
The techniques are as old as empire. And China could claim it's just taking a page from the American playbook. -- RF
Of course China is a competitor challenging US power. But it's just as true when seen from the opposite direction as well: The US is a competitor challenging Chinese power. Everyone on the global chessboard is out to grab as much as they can. Under this system, "cooperation" and "alliances" only last as long as the (temporary) benefits they confer. Friend today, enemy tomorrow, and vice versa. Governments would do us all a big favor by cutting the crap and speaking frankly about the global grabfest. -- RF
Shale gas revolution did not last long for BHP – the Fayetteville story
Small businesses bracing for summer blackouts
Australians have been warned to expect blackouts this summer, courtesy of a shortage of reserve power in the national energy market.
China thinks big in backing Russian Arctic LNG project
Belt and Road turns north toward vast resources and key shipping route
Hydrogen remains a controversial source of energy because the majority of its production comes from nonrenewable sources.
Hydrogen is NOT an energy source! Do these people even know what they're talking about? -- RF
Is A Russia-Cuba Energy Deal In The Works?
Kodiak officials prepare for 'disaster': An 80 percent decline in Gulf cod catches in 2018
Kodiak officials already are drafting a disaster declaration due to the crash of cod stocks throughout the Gulf of Alaska. The shortage will hurt many other coastal communities as well.
What's Under These Solar Panels Could Solve World Hunger
Mushrooms aren't going to solve world hunger, and it's absurd to suggest it. When the food shortages come — and I guarantee they will come — people will desperately dismantle the solar arrays that cover precious farmland in their smothering embrace. -- RF
This is all it takes to ignite complaints. Imagine the panic, looting, and rioting when the real food shortages start. -- RF
Too many humans. -- RF
The US Will Fund Research to Make Pathogens Deadlier Again
The NIH lifted a 3-year funding moratorium on "gain-of-function" research meant to make deadly viruses stronger and more transmissible.

## Intelligence/security/internet/cyberwar ##
Part of the goal of Microsoft's push to get people to install Windows 10 was to get them to use Edge, the browser that comes with Windows 10, so that Microsoft could more seamlessly track what these people are doing on the Internet.

## Propaganda/censorship/fake news/alternative facts ##
Questioning the Russia-gate 'Motive'
A key pillar of the Russia-gate affair is the assumption that Russia's leaders wanted to stop Hillary Clinton and boost Donald Trump, but the Kremlin's views on last year's election were much more nuanced.
Beltway media needs to take a deep breath. Fake Trump stories hurt you.
If the media wants Trump's "fake news" rap to stop sticking, they need to stop producing fake news.
How quickly NY Times forgets Obama's lies and frauds

## Systemic breakdown/collapse/unsustainability ##
Blackout Nightmare at Atlanta Airport Shows Grid's Weakness
Better give that cashless society a little more thought. -- RF
It's energy, not money, that makes the world go 'round. -- RF

## Japan ##
Yet another new government organization to fund and maintain. -- RF

## US ##
MSU scholars find $21 trillion in unauthorized government spending; Defense Department to conduct first-ever audit
Earlier this year, a Michigan State University economist, working with graduate students and a former government official, found $21 trillion in unauthorized spending in the departments of Defense and Housing and Urban Development for the years 1998-2015.
Trump Lays Out National Security Strategy
Envisions American Safety and Prosperity Through Growing Military Engagements Abroad
We're Buying More Stuff We Don't Need
The budget share of nonessential items has hit a 17-year high.

And finally...




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