Thursday, January 11, 2018


News Links, January 12, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Jeff Bezos just made more in 5 days than most Americans would in 5 lifetimes
ECB Spawned Mass Culture of Financial Dependency that's Now Very Hard to Undo
Right at the front of the monetary welfare queue is the government of Italy.
Asia's airline wars: The great profit squeeze in the sky
Competition from budget upstarts and Chinese carriers is hitting flag carriers
Watch Out, Airlines. High Speed Rail Now Rivals Flying on Key Routes
In Asia and Europe, super-fast locomotives are comparable to air travel in price and door-to-door speed.
U.S. airlines' earnings are expected to fall for a third consecutive year as airlines face higher fuel and labor costs.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Drone attack on Russian bases in Syria came from Turkish-backed rebels – MoD
Tensions on Korean Peninsula, budget cuts straining US forces in Japan
Rash of accidents in Okinawa raising concerns about condition of military

## Global unrest/mob rule/angry people/torches and pitchforks ##
Greece: austerity protesters reach prime minister's office
Protesters project unwelcome image onto stadium for President Trump

## Energy/resources ##
Trump's Offshore Plan Unlikely To Spark Drilling Rush
Federal Regulators Deal Huge Blow To The Coal Industry
Duh! Trump says he wishes US would use hydropower. It already does
Too many TVs at CES? The power has gone out at the biggest electronics show of the year
Sudan hit by nationwide electricity blackout during televised presidential speech
Cryptocurrency mining puts electrical grid of small Washington state county 'to the test'
Hype Meets Reality as Electric Car Dreams Run Into Metal Crunch
Citigroup Bullish on Oil Prices Because of Trump's Wars
In the last three and a half years, crude oil prices fell precipitously and have languished at prices rarely seen in the post-9/11 era. Citigroup analysts say they expect that to reverse in 2018, as mounting wars once again drive prices higher.

## Got food? ##
China gas heating crisis leaves fertilizer makers in the cold

## Solutions ##
Martin Ravallion is wrong about human flourishing: it doesn't require endless GDP growth

## Environment/health ##
US officials still stumped on mystery illnesses in Cuba, open door to 'viral' or 'ultrasound' cause
Insect declines: new alarm over mayfly is 'tip of iceberg', warn experts
Modest pollution in many English rivers is enough to kill 80% of eggs, increasing concerns over insects which are vital to all ecosystems
When humans wage war, animals suffer too: study

## Intelligence/security/internet/cyberwar ##
The FBI Hand Behind Russia-gate
We suddenly have documentary proof that key elements of the U.S. intelligence community were trying to short-circuit the U.S. democratic process. And that puts in a new and dark context the year-long promotion of Russia-gate. It now appears that it was not the Russians trying to rig the outcome of the U.S. election, but leading officials of the U.S. intelligence community, shadowy characters sometimes called the Deep State.
DoD quietly reorganizes Cyber Command
Google's Fact-Check Feature Targets Conservative Sites
The largest search engine in the world is now relying on hyper-partisan "fact checking" organizations such as Snopes and Politifact to provide disclaimers on articles primarily from conservative websites.
First France, Now Brazil Unveils Plan to Empower the Government to Censor the Internet in the Name of Stopping "Fake News"
Israel's Netanyahu suggests law against leaked recordings

## Systemic breakdown/collapse/unsustainability ##
"Cascading failures" strand thousands at flooded, frigid JFK
Cascading failures: You ain't seen nothin' yet. -- RF
Social Change Will Upend the Status Quo
The nation is fragmenting because the Status Quo is failing the majority of the citizenry.

## Japan ##

## China ##
Fed Pays Banks $30 Billion on "Excess Reserves" for 2017
At taxpayer expense: easiest, risk-free, sit-on-your-ass profit ever.

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