Sunday, February 25, 2018

 

News Links, February 26, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Government debt levels to hit new global high this year--S&P
Governments around the world will borrow roughly $7.4 trillion (791 trillion yen) this year, credit rating firm S&P Global estimated on Thursday, pushing their overall debt total to a record level for the third year in a row.
Global Growth? Retail Sales Flop in US, UK, Canada, Germany, Australia
108 Months of Global Easing Ends: Tightening vs Recessions
Why Buffett Pulled Back: Companies Overvalued after "Purchasing Frenzy" Fueled by "Cheap Debt"
Anbang and China's Mortgage Bubble
Venezuela's New Cryptocurrency: Just Another Form of Control Fraud

The outage, which was first reported Thursday, affected the bank's online banking, mobile banking app and ATM services. Millions of customers were affected.
Such nightmarish events could soon be on the rise as the airline industry attempts to roll back rules meant to limit the amount of time passengers can be stuck on a plane.

South Africa to cut diplomatic ties with Israel
South Africa has been a staunch ally of the Palestinian struggle and regularly spoken out against the atrocities committed by the Israeli government
Syria war: UN Security Council approves 30-day ceasefire
Top US diplomat in Venezuela under fire for tough comments
Selective Outrage Undermines Human Rights in Syria
Selective outrage over civilian suffering in Syria – hyping Syrian government abuses while downplaying the effects of U.S.-led Coalition air strikes – undermines the legitimacy of human rights advocacy.


## Global unrest/mob rule/angry people/torches and pitchforks ##
Angry French farmers boo President Macron at Paris ag fair
Asia Set To Lose 3 Million Bpd Of Oil Production
Natural depletion from mature oil fields will significantly erode oil production in the region, and new projects will not be able to makeup for the decline.
Iberdrola chief says global renewable sector facing Enron-style endgame
The chief executive of Spanish utility Iberdrola, Ignacio Galan, has warned of the prospect of financial disaster for the global renewable energy sector, reminiscent of the collapse of Enron.
Lunacy. -- RF
Earlier this month, the coast guard detained a Spanish ship carrying more than 705,000 pounds (320,000 kilos) of fish caught illegally.
There are two problems: First, the sea is fished out, and second, countries are all desperate to feed their ballooning populations (i.e., too many humans). -- RF

## Intelligence/security/internet/cyberwar ##
Cybercrime 'pandemic' may have cost the world $600 billion last year
Down from the clouds of unreality that remains Fox News, former intelligence officers have been even more candid, thrilled to confess to something as natural as eating.  "If you ask any intelligence officer, did the Russians break the rules or do something bizarre, the answer is no, not at all," comes the view of Steven L. Hall, who left the CIA in 2015 after 30 years of service.  Not only had the US "absolutely" carried out operations in influencing elections, he hoped "we keep doing it."
The Mueller Indictments: The Day the Music Died
The FBI's Russia indictments last week have whipped Democrats and the mainstream media into a frenzy but the "scandal" may be collapsing under its own weight.

## Propaganda/censorship/fake news/alternative facts ##
Garbage In, Garbage Out: Tech Journalism, Fake News and the Russia Threat Narrative
It's a tried and true formula. If you want to deprive your opposition of their free speech, first choose a relatively easy target (in this case, far-right people). That gets your foot in the door. -- RF

## Japan ##
Your office's air conditioner is watching you
Japan's Daikin to collect and sell data on how employees interact
(1) Power outage (2) can't charge tablets (3) no textbooks. It will happen. -- RF
Behind the glitz and glamor of President Xi's 'dream city'
In a sleepy region of Hebei province, the proposed 'smart city' of Xiongan New Area could expand to nearly three times the size of New York

## UK ##
Drug errors cause appalling harm and deaths, says Hunt
Drug errors could be a factor in more than 22,000 deaths a year.
FBI wants $300 MILLION to prevent election meddling – can't even prevent crime
FBI couldn't stop the Florida shooter after warnings, yet need $300 Million for Twitter policing

And finally...




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