Tuesday, April 24, 2018


News Links, April 25, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Connecting the Dots of Big Data, Soaring Corporate Profits and Trade Wars
It's self-evident that we cannot possibly understand trade, soaring corporate profits, Facebook's data collection or the economy without understanding the core role played by Big Data in reaping outsized profits and pushing narratives.
As I said, governments will either control or eliminate cryptocurrencies. Do you still need more convincing? -- RF

## Airline death spiral ##
Colorado woman fined $500 for possession of apple
Guatemala protesters call on President Morales to quit

## Energy/resources ##
Will U.S. Shale Offset Soaring Global Oil Demand?
If you are just counting the number of barrels, it may look that way. But the net energy of oil — especially junk energy like US shale oil and Canadian oil sand — continues to fall, meaning that in order to continue delivering the same amount of energy to the economy, you need to supply more and more barrels. -- RF
The US has little refining capacity for LTO (shale oil), and therefore must unload it on someone else. -- RF

## Environment/health ##
Asian elephants face new threat in skin trade
Illicit traffic in hides feeds rising market for medicines and luxury goods

## Intelligence/security/internet/cyberwar ##
Why Amazon is obsessed with getting inside our homes
No Remorse For Hillary (Craig Murray on the DNC lawsuit)

## Propaganda/censorship/fake news/alternative facts ##
As Korea Talks Progress, Mainstream Media Try to Derail Peace
Condemned By Their Own Words
This transcript of an Israeli General on an Israeli radio station (begins 6.52 in) defending the latest killing by Israeli army snipers of a 14 year old boy who posed no threat of any kind, is much more powerful if you just read it than any analysis I can give.

And it won't stop with Italy. Too many humans. -- RF

Behind China's sudden olive branch to Japan
Beijing's about-face is preparation for trade war with Trump
It's also part of a larger trend in which Japan is subsumed into the Chinese economic zone. -- RF
Recipe for disaster. -- RF

## US ##
By several measures, the United States is in a period of historic economic growth and prosperity. Major stock market indices have hit record highs, unemployment is at a near two-decade low, and we are in the midst of what may prove to be the longest period of sustained GDP growth in U.S. history.
So begins the article. But the stock market is a bubble, 95 million people have disappeared from the labor force, and the moribund economy is propped up by skyrocketing debt. It's no wonder there's extreme poverty. -- RF
It's all the Democrats have. -- RF

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