Tuesday, December 26, 2017


News Links, December 27, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Nothing in this category today because everything is looking up! -- RF

## Cut, baby, cut! ##
Store closures rocked retail in 2017. Now 2018 is set to bring another round of them
## Airline death spiral ##
Tunisia's transport ministry bans Emirates Airlines flights
Passenger claims United booted her from first-class seat — then gave it to Texas congresswoman
Flights, fights and Trump turbulence... 10 dramatic air mishaps that happened in China in 2017
From the elderly woman caught throwing coins into a jet engine to the angry man in a Make America Great Again hat escorted from a plane to chants of 'lock him up', here are some of this year's airport nightmares
'Hazardous weather conditions can cost the aviation industry billions of losses each year'
Unruly traveler forces jet to make unscheduled Alabama stop
Russia's Military Is Leaner, But Meaner
Vladimir Putin's military may be less well funded than Donald Trump's, but it's better suited to modern conflicts.
Guatemala says it is moving embassy in Israel to Jerusalem
China, Pakistan consider extending economic cooperation to Afghanistan
The three countries announced they plan to discuss ways to extend the China-Pakistan Economic Corridor to Afghanistan. CPEC includes highways, railways, pipelines and optical cables being built as part of Pakistan's Belt and Road Initiative.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Palestinian Santas Clash With Israeli Forces On Christmas In Bethlehem

## Energy/resources ##
US regulator proposes scaling back offshore drilling safety rules: Report
The Bureau of Safety and Environmental Enforcement has proposed rolling back safety measures put in place after the 2010 Deepwater Horizon oil spill.
Russia remains China's largest crude oil supplier for ninth month

## Got food? ##
Food shortage, sanctions behind North Korean rescues in Japan: Analysts

## Solutions ##
Christmas 2017: Why I'm Hopeful

## Environment/health ##
$180bn investment in plastic factories feeds global packaging binge
Colossal funding in manufacturing plants by fossil fuel companies will increase plastic production by 40%, risking permanent pollution of the earth
Lingering drought threatens Holy Land's waters
As Israel heads into its fifth consecutive year of drought, the Sea of Galilee stands at a century low, much of the Jordan River is a fetid trickle and the Dead Sea is rapidly shrinking.

## Intelligence/security/internet/cyberwar ##

## Propaganda/censorship/fake news/alternative facts ##
Xi's iron grip on China's internet extends to social media

## Systemic breakdown/collapse/unsustainability ##
Where to Find Supplies Post-Collapse

## Japan ##
Crumbling infrastructure: 30% of inspected sewers found to be damaged
The ministry says Japan's sewage systems have about 470,000 kilometers of pipes. It says 3,300 cave-ins due to such aging infrastructure were reported in fiscal 2015.
Japan's challenge how to cut huge debts
With Japan's debt to exceed 1,100 trillion yen, or about 9.7 trillion dollars by the end of fiscal 2018, finance officials are finding it difficult to curb spending. More than one-third of the country's budget relies on debt.
China Central Bank Official Says Bankruptcy May Benefit the Country
A Chinese central bank official said China should allow local governments to go bankrupt to help rein in regional authorities' excessive borrowing.
Of particular note here is the non-partisan nature of growing wealth disparity. It's just more evidence that the two arms of the War Party are in accord on the most significant features of the economy, society, and politics. Do you still doubt that the US has a China-style one-party system? -- RF
New York's vanishing shops and storefronts: 'It's not Amazon, it's rent'
Vacant storefronts are becoming more noticeable in the capital of consumption, as small retailers are being pushed out by wealthy investors

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