Thursday, March 29, 2018


News Links, March 30, 2018

Tesla Recalls About 123,000 Early Model S Cars
Tesla Gets Slammed by Tesla
When will investors get tired of feeding their capital into this cash-burn machine?
'The Gig Economy' Is the New Term for Serfdom
The corporate elites, which have seized control of ruling institutions including the government and destroyed labor unions, are re-establishing the inhumane labor conditions that characterized the 19th and early 20th centuries.
Venezuela Tries To Pay Russian Debt With Cryptocurrency
If crisis-hit Venezuela was hoping to pay off its US$3.15-billion debt to Russia with its new cryptocurrency, those hopes have been shattered as the Russian Finance Ministry announces that it won't be accepting digital coin.
Lots and lots of cars! -- RF

## War on cash/cashless society ##
More Japanese cryptocurrency exchanges to close
Fallout from Coincheck hack has felled five companies and counting

## Fault lines/flashpoints/powder kegs/military/war drums ##
Getting people on the witness stand might uncover some other, very juicy information. -- RF
Concern as 300 refugees and migrants reach Greek island of Lesbos

## Global unrest/mob rule/angry people/torches and pitchforks ##
Palestinians prepare mass demonstrations along Gaza border

## Energy/resources ##
FirstEnergy to deactivate 4GW nuclear power plants in US
The Science of a Vanishing Planet (vanishing insects and wildlife, and chemical farming)

## Intelligence/security/internet/cyberwar ##
It's Wishful Thinking to Blame Trump's Win on Cambridge Analytics
Will it also be fact-checking mainstream-media news articles? -- RF

## Propaganda/censorship/fake news/alternative facts ##
Oligarch-Owned Media Outlets Really, REALLY Want You To Love George W Bush
Location, Location and Nerve Agents (on the bizarreness of the UK's changing Skripal story)
Story gets more bizarre by the minute. -- RF

## Systemic breakdown/collapse/unsustainability ##
Air Force Risks Losing Third of F-35s If Upkeep Costs Aren't Cut
High-tech weapon systems are budget busters. -- RF

Another project that will never be completed. -- RF
Japan's megabanks to cut new hiring by 30%
Japanese megabanks, which had already been cutting back on hiring as they digitize their operations, are now accelerating these efforts as their earnings deteriorate.
Japan scrambles to avoid being left in the dark about N. Korea
More than 1,000 line up for plush Tokyo mall's grand opening
GSDF establishes single command center over all regional armies
In its largest reorganization since its founding in 1954, the Ground Self-Defense Force (GSDF) on March 27 established a new organization that will command its five regional armies in an integrated fashion.

## China ##
Kim Jong-un says he is 'committed to denuclearisation' during Beijing talks
State news agency confirms landmark meeting between North Korean leader and Chinese President Xi Jinping in the Chinese capital
Is China's Belt and Road working? A progress report from eight countries
Beijing's infrastructure push clouded by project delays and mounting debt

## US ##
15 Years of War: To Whose Benefit?
You get one guess. -- RF
Covenant-Lite Loan Issuance Hits New Record
Institutions in search of yield are gobbling up loans with little protection, at riskier and riskier spreads.
It's mistaken to blame either arm of the War Party for this. Continued borrowing from the future is necessary to prop up the system and compensate for net energy decline. -- RF

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