Thursday, March 08, 2018


News Links, March 9, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
What Economic Recovery? Half of U.S. Companies Are Losing Money
Jeff Bezos' wealth is now equal to 2.3 million Americans'
European Court of Justice Deals Heavy Blow to "Corporate Sovereignty Clause"
Is it the beginning of the end for "Investor-State Dispute Settlement" clauses that have become toxic to democracies?
But it won't stop there. Thanks to net energy decline (which is the primary cause), the amount of energy available to power the economy keeps falling, giving rise to a perpetual crisis state — what Kunstler calls "the long emergency." This shakedown period will last until the socioeconomic system falls to a level commensurate with the amount of net energy available. And that level will be lower than everyone thinks. -- RF

Canadian airlines say batteries must be removed from 'smart bags'

## Fault lines/flashpoints/powder kegs/military/war drums ##
US tailors forces to deter growing Chinese nuclear threat
Why America's 'Quad' is not a priority for India
Likely motivated by realism, the Modi government is moving toward an independent policy vis a vis China
India scales down Dalai Lama anniversary celebrations
Indian foreign secretary sent a letter to officials advising them to avoid any functions by the Dalai Lama, in deference to Chinese sensitivities

## Migrants/refugees ##

## Global unrest/mob rule/angry people/torches and pitchforks ##

## Energy/resources ##
Shale Pioneer Issues Warning To US Drillers
It doesn't matter how much shale drillers pump. Because the industry has always been unprofitable, it's just stealing money from other energy projects more deserving of investor funds. -- RF
Angola Faces Oil Industry Crisis
Angola's oil fields are maturing and are nearing depletion. Unless new investments are made in new discoveries, things will continue getting worse, the International Energy Agency warned in its Oil 2018 report this week.
An Energy War in the Balkans Has Slowed Europe's Electric Clocks by 5 Minutes
Oil Investors See Renewables As Unattractive
Considering that the shale-drilling industry is seriously profit-challenged, the obvious conclusion to draw from this is that even the Saudis are getting desperate. -- RF
13 gallons a day. -- RF
Pudjiastuti is nothing if she is not stubborn, but that may be what it takes to prevent powerful Indonesian rent-seekers from being allowed to return to their decades-long practice of decimating their own country's maritime resources.

Bali's battle against plastic pollution
Rich Horner filmed himself swimming through rubbish off the island of Nusa Penida near Bali
A video of a British diver swimming through swathes of rubbish off the coast of Bali has shown the extent of plastic waste floating in Indonesia's waters.
Imagine that! A developed country wonders openly if it has too many people. -- RF
Army document: US strategy to 'dethrone' Putin for oil pipelines might provoke WW3
Senior DIA, Air Force and Army officials admit that NATO expansionism and US covert interference in Russian internal politics may trigger "next global conflict"
Matt Taibbi Exposes The Sheer Absurdity Of The Ongoing Russian Witch Hunt
Skripal is no Litvinenko
The idea that the elaborate spy games between world intelligence agencies are a battle between right and wrong, is for the story books. They are all wrong, all part of a system where power over people is controlled for the benefit of the wealthy, and battles are over hard resources, whichever "side" you are on.

## Propaganda/censorship/fake news/alternative facts/meddling ##
'Progressive' Journalists Jump the Shark on Russiagate
A lack of skepticism has characterized much of the reporting on Russiagate, with undue credibility being given to questionable sources like the Steele dossier, and now progressives like Jane Mayer and Cenk Uygur are joining the bandwagon.
The National Endowment for (Meddling in) Democracy
The unwritten rule governing the NED's activities is that the U.S. has an unqualified right to do unto others what others may not do unto the U.S.
How Many Terms Till You're a Tyrant Ripe for Regime Change?
In some cases, the hint that a country might be removing presidential term limits provides Washington sufficient cause to support a coup, but in other cases Washington celebrates presidents-for-life.

## Systemic breakdown/collapse/unsustainability ##
Indonesia's rapid infrastructure drive takes deadly toll
Teijin is set to launch a service that lets companies monitor their employees' sleep via a wearable sensor.
Nuclear regulator: Fukushima accident not over

## UK ##
NAO estimates that if local authorities keep draining their reserves at the current rate, one in 10 will have exhausted them in just three years' time
Saudi crown prince's visit to Britain marked by protests over Yemen crisis
As I keep saying, the US actually has a China-style system of government. -- RF

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