Thursday, January 18, 2018


News Links, January 19, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Carillion Collapse Will Leave Taxpayers With Big Bills, Produce Knock-On Failures; Shows Danger of "Public/Private Partnerships"
In Brexit Tug-of-War, EU Aims at City of London's Tax-Haven Empire
But the EU keeps tripping over its own tax havens.
And as we've seen, it's not only Germany. Energy is the major factor at work: As net energy decline starts to bite, people have fewer children owing to the onerous cost of raising a child in energy-intensive industrial societies. -- RF

## War on cash/cashless society ##
War on cash (Poland)
Crypto Collapse Crushes Hedge Funds that Touted Huge Gains for 2017
Are they causing the rout by trying to get large sums out of an illiquid market?
Europe To See More Airline M&A Activity, Consolidation, In 2018
The turbulence in Europe's airline industry is likely to culminate in a massive shakeout for the aviation sector in 2018. Recent failures such as that of British low-cost airline Monarch, Germany's Air Berlin and Italy's Alitalia have created conditions ripe for a new wave of merger-and-acquisition activity in the sector.

## Fault lines/flashpoints/powder kegs/military/war drums ##
The most valuable military real estate in the world
"World War III will start here."
Duterte reaches for unlimited, unending power
In Surprise Move, Pentagon Deploys 3 Types Of Strategic Bombers To Guam
Syria Vows To Shoot Down Turkish Jets As Erdogan Orders Putin "Do Not Oppose" Assault
US withholds $65 mn from UN agency for Palestinians

## Global unrest/mob rule/angry people/torches and pitchforks ##
Riot police break up anti-pope demo near Santiago mass
Too many humans. Of course the problem is always framed as "too little water." -- RF
But it won't save the cities. -- RF

## Environment/health ##
This is how much waste Americans create — just by getting takeout food
Springtime bird calls help scientists study global warming
As global warming disrupts the timing of seasonal changes, scientists are concerned the biological clocks of migratory birds and other animals will be thrown out of whack.
Europe's microwave ovens emit nearly as much CO2 as 7m cars

## Intelligence/security/internet/cyberwar ##
Facebook blocks sharing of WSWS anti-censorship video
Facebook has blocked users from sharing a social media video promoting the January 16 online meeting "Organizing resistance to Internet censorship," featuring World Socialist Web Site International Editorial Board Chairman David North and Pulitzer Prize-winning journalist Chris Hedges.

## Systemic breakdown/collapse/unsustainability ##
Higher Education Is Drowning in BS

## Japan ##
Differing views on coal power generation
Japan's environment minister has met with the chief of the country's largest business group to discuss the issue of global warming. He says companies may need to reconsider exporting coal-fired power plants. The group's executives didn't share the same view.
Japan-U.S. nuclear fuel reprocessing pact automatically renews after 30-year deadline passes
Japan Coast Guard seeks to boost response time with new bases for large patrol ships
The Japan Coast Guard is planning to build bases for seven new large patrol ships in a bid to improve response time to incidents — including the frequent intrusions by Chinese vessels into Japanese waters around the Senkaku Islands in the East China Sea, according to a source.
Japan's nuclear fuel cycle policy suffers another setback
Japan's central government is finding itself in a bind over its long-standing nuclear fuel cycle policy, due to repeated delays in the completion of a key facility, two and a half decades after construction work began.
Japan's Budget Goal Is Being Deferred Again

## China ##
This Is How Drug Lords Make Billions Smuggling Gold To Miami
Much of the gold used to make the components for your smartphone, or the gold band for your engagement ring, has a secret criminal history that, before a stunning report published by the Miami Herald on Tuesday, wasn't widely known to the US public.
9 of 12 National Park Service advisory board members quit in disgust
This much is clear at the 2018 North American International Auto Show going on here this week: Passenger cars, crossovers and pickups are rapidly growing in size amid cheap gas and Americans' preferences for big, roomy highway cruisers.

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