Sunday, May 20, 2018


News Links, May 21, 2018

Turkey Repatriates All Gold From The US In Attempt To Ditch The Dollar
No surprise here. Virtually all governments likely manipulate their data (GDP, unemployment rates, etc.). -- RF

## War on cash/cashless society ##
Federal Reserve Nominee Wants To Take Your Cash And Track How You Spend
Goodfriend's monetary views should be terrifying to anyone who values individual liberty and limited government.
Bitcoin Energy Use Growing Much Faster than Previously Thought
Bitcoin's energy footprint has more than doubled since Grist first wrote about it six months ago. It's expected to double again by the end of the year, according to a new peer-reviewed study out Wednesday. And if that happens, bitcoin would be gobbling up 0.5 percent of the world's electricity, about as much as the Netherlands.

## Airline death spiral ##
Reports: Man punches pregnant woman, service dog on Frontier flight to Orlando

## Fault lines/flashpoints/powder kegs/military/war drums ##
Philippines powerless to stop Beijing's militarisation of South China Sea, President Duterte says
Rather than fight its giant neighbour, a better solution is to forge a joint exploration pact to harness the potential of the disputed waterway, leader says

## Global unrest/mob rule/angry people/torches and pitchforks ##
Official: Nationalist mob beats mayor of major Greek city

## Energy/resources ##
Norwegian Gas Exporter Warns Europe May Be on Verge of Blackouts
Europe is facing power generation capacity shortages and may even risk blackouts without additional use of natural gas, one of the continent's biggest producers of the fuel said.
A good read if you're interested in this issue. And there is still the matter of ethanol's pitifully low energy yield (far too low to support industrial society), which isn't mentioned here. -- RF
Costa Rica also begins its return to a much simpler, de-industrialized lifestyle. Many people are going to be unpleasantly surprised when they realize that renewables don't pack the punch of fossil fuels. Not that I am promoting fossil fuels; it's just a heads-up. -- RF

## Solutions ##
Sustainability Boils Down to Scale
Only small scale systems can sustainably impose "skin in the game"-- consequences, accountability and oversight.

## Environment/health ##
Electromagnetic radiation from power lines and phone masts poses 'credible' threat to wildlife, report finds 
Electromagnetic radiation from power lines, wi-fi, phone masts and broadcast transmitters poses a 'credible' threat to wildlife, a new report suggests, as environmentalists warned the 5G roll out could cause greater harm.
Climate change on track to cause major insect wipeout, scientists warn
Insects are vital to ecosystems but will lose almost half their habitat under current climate projections
The Philip Cross Affair (on edits to Wikipedia articles by "Philip Cross")
Hey Britain! Where are the Skripals????? -- RF
Making Excuses for Russiagate
As months turn into nearly two years and no solid evidence emerges to nail Russia for nabbing Election 2016, some big Russia-gate cheerleaders are starting to cover their tracks.
No matter what country you live in, don't laugh. Venezuela is a prelude to what will happen globally. -- RF
Stagnant wages + soaring cost of living + massive cuts to services = collapsing US birth-rate
Off the charts: why Chinese publishers don't want maps in their books
Publishing sources say they are leaving maps out of books entirely to avoid going through the long and complicated review process

## UK ##
UK Looks To Fast-Track Shale Gas Drilling Approval
Cost as a factor is mentioned only at the very end of the article, but my guess is that this is the main reason. -- RF

## US ##
In the second Gilded Age, the mansions get bigger, and the homeless get closer
The capital of America's second Gilded Age is Los Angeles, where homes worth tens of millions of dollars look out over a city in which the middle class struggles to afford shelter and the number of homeless increases daily.
America already has a China-style political system, so the evolution of thought police and spy networks on college campuses shouldn't be surprising. -- RF

And finally...

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