Thursday, April 19, 2018


News Links, April 20, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Can Saudi Arabia Afford Its Megaprojects?
Germany Recession Indicator Flashes Yellow (Median Possibility 32%)
The ECB will soon be in a bind as the European economy slows. Germany leads the slowdown.
India's cash crunch sends authorities scrambling to print more money
Fear of another policy change triggers spike in withdrawals and dries up ATMs
Congrats! Canadians Just Set a New Record for Borrowing Against their Homes
Use of home equity to fund personal consumption spikes.

## Cut, baby, cut! ##
Qualcomm begins layoffs as part of cost cuts

## War on cash/cashless society ##
Bitcoin Tax Day rally is apparently not happening as price drops below $8,000
Amazon Wins Patent for Data Stream to 'Identify' Bitcoin Users for Law Enforcement
Amazon's latest patent aims to combine data from various sources to identify cryptocurrency users for subscribers including the taxman and cops.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Turkey seeks to extend state of emergency for 7th time
US and Russian nuclear arsenals set to be unchecked for first time since 1972
Arms control experts have signed a statement warning international constraints will expire in 2021 unless a new nuclear deal is reached
German states look to reintegration to reduce migrant crime
The number of migrants in German prisons has steadily risen since 2015, according to data obtained by DW from five state justice ministries. German states are putting more resources into reintegrating them into society.

## Energy/resources ##
Puerto Rico just lost power yet again in total blackout
It's time to plan for solar panel recycling in the United States
It's highly doubtful, and even if it happened, prices would have to come down quickly, otherwise it would severely crimp the economy because most individuals and businesses couldn't afford petroleum products at those prices. -- RF
The seawater pumped hydro potential of the world
As discussed in numerous previous posts the world will need immense amounts of energy storage to transition to 100% renewables, or anywhere close to it, and the only technology that offers any chance of obtaining it is sea water pumped hydro (SWPH) storage.
Why oil prices can't rise very high, for very long

## Environment/health ##
Warming climate to nearly double demand for cooling appliances
Researchers predict energy use for air conditioners and refrigeration to jump 90% on 2017 levels
All that energy consumption produces waste heat, which further aggravates the problem. -- RF
Too many humans. -- RF

## Intelligence/security/internet/cyberwar ##
On the Criminal Referral of Comey, Clinton et al: Will the Constitution Hold and the Media Continue to Suppress the Story?
Ray McGovern reports on a major development in the Russia-gate story that has been ignored by corporate media: a criminal referral to the DOJ against Hillary Clinton, James Comey and others, exposing yet again how established media suppresses news it doesn't like–about as egregious an example of unethical journalism as there is.
US Army Figures Out How To Do Facial Recognition in the Dark
Blowing up Lack of 'Evidence' in Syria Chemical Attack
It is wise to remember the U.S.S. Maine, the Gulf of Tonkin and Iraqi WMD in assessing the rationale for the U.S. attack last weekend on Syria
An Alternative Explanation to the Skripal Mystery
An alternative explanation to the mystery surrounding the poisoning of Russian double-agent Sergei Skripal and his daughter may involve a possibility that neither the British nor Russian governments want to talk about.
The Fall of Facebook
A chronological timeline of the tech giant's deceit in the Cambridge Analytica scandal

## Propaganda/censorship/fake news/alternative facts ##
BBC Reporter Discourages Syria Questions Due To "Information War" With Russia

## Systemic breakdown/collapse/unsustainability ##
Our Strange Attraction to Self-Destructive Behaviors, Choices and Incentives
Self-destruction isn't a bug, it's a feature of our socio-economic system.
All kinds of waste have been dumped in Georgia, Alabama and other Southern states in recent years, including toxic coal ash from power plants around the nation. In South Carolina, a plan to store radioactive nuclear waste in a rural area prompted complaints that the state was being turned into a nuclear dump.
There's no place to put the putrid waste of over-populated, overgrown industrial society. -- RF
The 2nd Law of Thermodynamics – The gaping hole in the middle of the Circular Economy
Why the latest buzz-phrase in consumer sustainability is not only failing to tackle the core problem, but why it is doomed to fail

## Japan ##
Japan's renewable energy puzzle: solar push threatens environment
As the country rushes to cut carbon emissions by 26%, campaigners worry that forests and wildlife are being trampled
Smil's Power Density shows that the difference between fossil fuels and renewables in required land area is two to three orders of magnitude. As such, solar and wind farms must occupy vast tracts of land or water. -- RF
A hot-shot American think tank had to perform a study to figure that out? -- RF
NHS workers top list of those applying for payday loans
NHS workers' representatives say it is a 'terrible state of affairs' for staff to be forced to take on loans with interest of up to 1,325%
UK goes a record 55 hours without coal as clean power expands
The DHS' mocking response is enough to show what it thinks of journalists and the public. -- RF

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