Sunday, January 28, 2018

 

News Links, January 29, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
"Blockchain" Stocks Collapse by 40% to 90%
Fallout from Carillion Collapse Hits KPMG
Next Arthur Andersen? No, the "Final Four" audit firms are "too big to replace."

"In five years, if you go to a Starbucks or McDonald's and try to buy a burger or coffee with fiat currency, the person at the counter is going to laugh at you."


## Fault lines/flashpoints/powder kegs/military/war drums ##
Kissinger warns senators of 'systemic failure of world order'

## Global unrest/mob rule/angry people/torches and pitchforks ##
Release of Bollywood film sparks violent protests in India

## Energy/resources ##

## Environment/health ##
Pollution particles fuel large storms, research shows
"Tiny aerosols have a big impact on weather and climate and can intensify storms a great deal," researcher Jiwen Fan said.

## Intelligence/security/internet/cyberwar ##
Researchers warn about unprotected webcams
A Japanese research team says that in an experiment it conducted, poorly protected webcams were hacked only one hour after the devices were set up.
Tech Companies See No Evidence of Russian Influence in US Elections

## Propaganda/censorship/fake news/alternative facts ##
CNN Turkey Fake News Goes Viral: 'American Sniper' Star Killed In Syria, Pentagon Forced To Deny

## Systemic breakdown/collapse/unsustainability ##
Trump's infrastructure plan comes with a huge hole
The trust fund that pays for most federal highway and transit aid is forecast to go broke in about three years unless the government significantly scales back its transportation spending or comes up with more money.
Downtime of a top cloud service provider could cost U.S. economy $15 billion
Businesses in the United States could lose $15 billion if a leading cloud service provider would experience a downtime of at least three days.
The Pie Is Shrinking for the 99%
The ensuing social disunity and disruption will be of the sort many alive today have never seen.

## Japan ##
Japan's Coincheck suffers largest-ever virtual currency theft
Cryptocurrency exchange Coincheck has confirmed that some 58 billion yen ($534 million) in customers' virtual currency holdings were taken from its wallets Friday, in what appears to be the biggest virtual currency heist to date.
Hacked Japanese cryptocurrency exchange to repay owners $425 million
China's Belt and Road ambitions spread to the Arctic
Official document calls for a 'Polar Silk Road'

## UK ##
Fannie Mae, the Goldman Goose that Keeps Laying Eggs
Why is Fannie Mae offering Goldman Sachs et al. such fat margins on defaulted mortgages?
Almost a third of cars traded in last year were worth less than the loans that had been financing them, according to car-shopping website Edmunds.



<< Home

This page is powered by Blogger. Isn't yours?