Thursday, April 05, 2018


News Links, April 6, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Playing for All the Marbles
Global Plunge Protection Teams must be ordering take-out food; every night is a long one now.
World's Most Wanted Bank Whistleblower Was Just Arrested, for the Worst Possible Reason
Lebanon seeks funds for troubled economy at Paris conference
Lebanon hopes to secure billions of dollars for infrastructure this week at an international donor conference in Paris, as it grapples with low growth and soaring debt.
South Korea declares industrial crisis in city where GM factory is closing

## Fault lines/flashpoints/powder kegs/military/war drums ##
Turkey's Erdogan says missile deal with Russia is final
US Sets Up New Front-Line Positions in Syria's Manbij
Growing Perimeter Established Ahead of Turkish Invasion
Will NATO "allies" go head-to-head? -- RF
On the Gaza Protesters Murdered by Israeli Forces
An attack on protesting Palestinians on March 30 by the Israeli military left 18 dead and thousands injured and constitutes mass murder and a blatant war crime.
Israeli rights group urges soldiers to refuse orders in Gaza
Playing With Fire in Catalonia
A relentless state, angry demonstrations, and profoundly worried businesses.
Pricetag for Pentagon's major weapon systems grows by 10 percent
Cities' backlash against big tech is only starting
American tech giants like Google and Uber are facing backlash from regulators across Europe—and increasingly from city governments.
A well-placed source in the Ministry of Finance told Asia Times that instead of approaching the International Monetary Funds (IMF) for a bailout, officials have proposed that the government ask wealthy friends such as China and Saudi Arabia to help Pakistan overcome its dire economic situation.
From Ankara to Moscow, Eurasia integration is on the move
The Russia-led Eurasia Economic Union is spreading its wings and gaining strength, with some key projects, big players and big plans in the pipeline

## Global unrest/mob rule/angry people/torches and pitchforks ##
4 Arrested in Protest at US Air Force Drone Base Near Vegas
Don't get excited. The oil is reportedly tight (shale) oil, which is deep and requires hydrofracturing to extract. It's also offshore, which will make it still more expensive. Because shale oil has a profitability problem even in the US, there's no telling how much of this can be extracted, or if it will be profitable. The bottom line is that it's a huge amount of junk oil. -- RF
The perils of betting the future on junk energy. -- RF
Sidestepping for the moment the matter of backing of Big Oil, allow me to observe that the production and blending of corn ethanol are of no use at all. -- RF
India To Offer Up To $4B For Iranian Gas Field Development
India will offer Iran a US$3-4 billion investment plan for the giant Farzad B gas field in a bid to secure its participation in the project that last year led to a sharp cooling off in bilateral Indian-Iranian relations.

## Got food? ##
UN food agency urges 'agroecology' to fight famine
Current food production methods are harming the planet while failing to provide millions of the world's poor with enough to eat, the UN food agency warned Tuesday.
How the Cult of the Colossal Imperils American Agriculture
Stressed-out farmers today only grow food for global consumption, and that is leading to a crisis at home.

## Intelligence/security/internet/cyberwar ##
'The Business of War': Google Employees Protest Work for the Pentagon
Thousands of Google employees, including dozens of senior engineers, have signed a letter protesting the company's involvement in a Pentagon program that uses artificial intelligence to interpret video imagery and could be used to improve the targeting of drone strikes.
Only "Russia-did-it" parties need apply. -- RF
As a keen observer of the case — especially since it took place just a few hundred yards from my home in Salisbury — I have to say that the official narrative of the British Government has not stood up to even the most cursory scrutiny from the outset.
France puts 78,000 security threats on vast police database
France has flagged more than 78,000 people as security threats in a database intended to let European police share information on the continent's most dangerous residents — more than all other European countries put together — according to an analysis by The Associated Press.
IBM joins group building a blockchain-based global identity network
International Business Machines Corp has joined a private, non-profit organization called Sovrin Foundation that is seeking to build a global decentralized identity system based on blockchain technology.
More by Craig Murray on the absurdity of the UK government's claims. -- RF

## Propaganda/censorship/fake news/alternative facts ##
Johnson and May Hide as their Lies Dissolve

## Systemic breakdown/collapse/unsustainability ##
Why the Standard Model of Future Energy Supply Doesn't Work
Juggling Live Hand Grenades (Richard Heinberg)
A review of recent literature on sustainability and collapse. -- RF
A survey by a private sector group has found that 2,286 cafeterias that offer meals to children for free or at a discount have been set up in Japan since 2012, as part of efforts to address child poverty.
Bank of Japan Buys Record Amount of Equity ETFs: Once Upon a Time
Bank of Japan overtakes foreign investors as top buyer of stocks

## China ##
China Looks To Double Its LNG Terminals
Xinjiang halts all government projects as crackdown on debt gets serious
China's biggest region issues blanket infrastructure suspension as it combs through the books to check they have enough funding to ensure their completion

The key point is that the FCO knew it was lying. This was published six days after I was told by an FCO source, and published, that Porton Down scientists were refusing to say the substance came from Russia. The FCO knew this.
According to a study by the AFL-CIO, a typical CEO of a S&P 500 company earned 347 times as much as the typical employee in a non-supervisory role in 2016.
Here's a map of the big-box stores closing in 2018
Chicago's pension precipice: It's worse than you thought.
Coming Attraction: Lunatic Loose in West Wing
As Uber-Hawk John Bolton prepares to take over as national security adviser on Monday, Ray McGovern looks back at when Bolton was one of the "crazies" in the George W. Bush administration.
Tesla's Production Problems Aren't Going Anywhere
Auto Sales Inflated by Early Easter and "March" Lasting to April 2
With US auto sales facing some stiff headwinds, timely data is no longer wanted, said GM Monday night, when it announced that it would no longer report new-vehicle unit sales in the US on a monthly basis to make it "easier" for us.

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