Saturday, March 10, 2018

 

News Links, March 11, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
The End of Cheap Debt Will Bring a Wave of Bankruptcies
Hugo Salinas Price: Without trade deficits, U.S. dollar can't be world reserve currency
The Most Important Economic Charts...Aren't Economic Charts
The global economy is the sum of its production of goods and services versus its capability to consume those.  This article will outline the mismatch of fast rising capacity versus the deceleration of consumptive capability.
Forget "Free Trade"--It's All About Capital Flows
The Amazing Amount of Gold The U.S. Exported Since 2000
The Everything Bubble---Waiting For The Pin

## War on cash/cashless society ##
TD Bank experiences another online banking outage

Spirit Airlines brief computer outage affects 16 Detroit flights

## Fault lines/flashpoints/powder kegs/military/war drums ##
Yemen coast a 'live fire laboratory' for firing lasers
Saudi Evil (Craig Murray)
With China in mind, India and France deepen military cooperation
Modi and Macron agree to mutual access to naval bases

## Global unrest/mob rule/angry people/torches and pitchforks ##
Thousands march to protest Canada pipeline expansion project

## Energy/resources ##
Much of the modern world is explained by one population spike
However, the interpretation presented here is off base. Underlying the other factors cited for the population spike is energy, specifically the availability of the unprecedented energy available from fossil fuels. And now that we have picked the low-hanging fruit, net energy decline is pushing birth rates down. This is especially apparent in developed countries, where the energy cost of childraising is very high. -- RF
Investments in renewable energy are not growing and we don't know if they will ever restart growing.
Remember that rather than seeing this problems in terms of money, it's easier to understand by seeing it in terms of energy. The renewables build-out requires that we take energy away from other sectors of the economy so it can be invested in renewables. In other words, cutbacks have to be made elsewhere. But as net energy decline proceeds, taking energy away from other sectors becomes increasingly difficult. Another reason (see following article) is that in some places there is already too much renewable (i.e., low-quality) electricity. Both of these factors make it hard to grow investment in renewables. -- RF

## Got food? ##
A Warning Cry From the Doomsday Vault
Humanity's food security is at far more risk than you realize.

## Environment/health ##
Scientists put on alert for deadly new pathogen - 'Disease X'
Nigeria says 'unprecedented' Lassa fever outbreak killed 110 this year

## Intelligence/security/internet/cyberwar ##
Facebook Sees 24% Drop In Average Time Spent On Site
"We Know All About You" - MoviePass Is Secretly Tracking Its Customers' Movements

## Propaganda/censorship/fake news/alternative facts ##
Ron Paul Institute Exposes The State Department's War On Political Dissent
Through its "Global Engagement Center," the State Department establishes in fact - in the open - what it accuses the Russian government of doing without any evidence.
Tell Me More About How Google Isn't Part Of The Government And Can Therefore Censor Whoever It Wants?

## Systemic breakdown/collapse/unsustainability ##
Upgrades, Development to F-35 Jet Will Cost $1 Billion Per Year

## UK ##

## US ##
CIA Officers Flooding Into Democratic Party For 2018 Midterms
If Democrats capture a majority in the House of Representatives in the 2018 midterms, as many as half of their new reps will be former military intelligence personnel, according to a bombshell new report from the World Socialist Web Site.
The U.S. Income Inequality Crisis: The American Dream Vanishing?
Housing Liquidity Crisis Coming: Debt Deflation Follows
California bullet train costs soar to $77 billion, opening delayed
Report: Claire's mall jewelry chain headed toward bankruptcy
It's Over for Toys 'R' Us: Liquidation Next
Record Buybacks at Worst Possible Time
JPMorgan estimates $800 billion in buybacks this year, a new record. Companies will squander money in an obvious bubble.
And finally...
I thought she would have been happy. -- RF




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