Tuesday, January 30, 2018

 

News Links, January 31, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
The ECB and the euro are the only glue holding parts of Europe together
The world on a billionaire's budget
The world's wealthiest are prospering. As of February 2017, there were about 2,000 billionaires in the world. This micro-elite controls over US$7.6 trillion, an increase of 18 percent from 2016.
A budget-buster for Joe Sixpack is mere pocket change for Joe Billionaire. -- RF
Minimum wage politicking stings employers in Southeast Asia
Rush to woo voters raises the risk of layoffs and factory relocations

## Airline death spiral ##

## Fault lines/flashpoints/powder kegs/military/war drums ##
Chinese flight routes set off military alarms in Taiwan

## Global unrest/mob rule/angry people/torches and pitchforks ##
Air pollution protesters bring traffic to standstill demanding clean air (London)
Because it's junk energy. -- RF
The industry doesn't make any money in the US, so it's logical to ask if it will be profitable in Canada. But the digging of oil sand shows that Canada is already getting desperate. -- RF

## Solutions ##
How Much Energy Do We Need?

## Environment/health ##
India estimates it has 21 million 'unwanted' girls
An estimate released as part of India's annual economic survey found that a "meta" son preference encouraged Indian parents to continue having children until giving birth to a boy.
Of equal interest would be a list of American oligarchs. -- RF
Second "Trump Dossier" Emerges One Day After FISA Memo Vote

## Propaganda/censorship/fake news/alternative facts ##
Cameroon is being sued for blocking the internet in its Anglophone regions
Gross economic mismanagement aside, the American Dream won't be happening anywhere because of net energy decline. -- RF
Hacked exchange Coincheck grapples with 'anonymous' cryptocurrencies

## China ##
China blizzards snarl railroads, coal deliveries amid power worries
China's worst blizzards this winter have snarled the country's railroads and highways, cutting off critical supplies of thermal coal, and fuelling a rally in prices to record highs and raising concerns about potential heating and electricity shortages.
One way to support consumption is to sell your stocks. Many did just that.

And finally...




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