Tuesday, June 12, 2018

 

News Links, June 13, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
IMF's Lagarde says global economic outlook darkening by the day
What's Wrong with the Economy: 9 Toxic Dynamics
Malaysia just came out in favor of protectionism — despite being in the trans-Pacific trade deal


## War on cash/cashless society ##
Airlines Go Cashless For Checked Bags

## Fault lines/flashpoints/powder kegs/military/war drums ##
European Defense Agency chief questions 'unhealthy' defense trade with the US
The chief of the European Defense Agency said Europe must wean itself from U.S. high-tech weaponry, proposing that arms deals with Washington could decrease in an effort to achieve greater "strategic  autonomy" for the continent.
Potty prep: North Korea's Kim Jong Un brings his own toilet to Singapore summit with Trump
Use of a portable potty is also an old device used to prevent assassinations. -- RF
Kim Jong-un should watch out for Trump's "America First" agenda and Washington's tendency to "betray international agreements and unilaterally withdraw from them," said a spokesman for Iran's Foreign Ministry, Bahram Qassemi.
US Public Being Misled on Trump-Kim Summit
Establishment media is either unwilling or unable to accurately cover the intricacies of the Trump-Kim summit as well as Pyongyang's serious diplomatic efforts.
President Trump has ordered the Pentagon to cancel military exercises with South Korea — what happens next?
Scapegoating Iran (Chris Hedges)

## Global unrest/mob rule/angry people/torches and pitchforks ##
Anti-China protests: dozens arrested as Vietnam patriotism spirals into unrest

## Environment/health ##
In a way that most people don't expect, because the "great cities" are unsustainable death traps. -- RF


## Propaganda/censorship/fake news/alternative facts ##
In The Western World Truth Is An Endangered Species: Come To Its Support (Paul Craig Roberts)
Nowhere in the Western world is truth respected. Even universities are imposing censorship and speech control. Governments are shutting down, and will eventually criminalize, all explanations that differ from official ones. The Western world no longer has a print and TV media. In its place there is a propaganda ministry for the ruling elite.
The hypocrisy and irony are palpable. -- RF
French Thought Police and the Creeping Dictatorship of Virtue
A new French law to combat so-called "fake news" fits in all too well with the growing establishment campaign to censor dissident opinion by one means or another.

## Systemic breakdown/collapse/unsustainability ##
Global civilisation to descend into 'hell on earth' unless we choose a new paradigm
[Dr. Jeremy Leggett] told a gripped audience that the world had approached a major convergence point in which our choices would rapidly close off either one of these possible futures. One scenario heralds the promise of a successful transition to a new, more evolved kind of civilisation. Another scenario warns of a future plunged increasingly into scarcity, despotic chaos and conflict.
I absolutely guarantee, with 100% probability, that world leaders will make choices leading to the second scenario. The "great transition" will be from industrial civilization back to agrarian subsistence. -- RF
If we can't make it here, we're not going to make it on Mars. Article also fails to mention that Mars' soil is toxic to humans. -- RF
Never, ever, say it can't happen here (wherever "here" is for you). Because it will. -- RF
It's the same master plan that the other major players on the global chessboard have been using for centuries. What did you expect? -- RF
Britain's Brave New World Just Got Braver
Britain's new counter-terrorism initiative builds on Stasi-like methods to create a potentially Orwellian present for British citizens.
Shock manufacturing slide casts doubt on UK economy's bounceback
Adult social care services on brink of collapse, survey shows
Some councils in England 'cannot go on' without long-term funding to underpin care

Self-fulfilling prophesy. -- RF
SEC Frets about Share Buybacks, "Torrent of Corporate Trading Dominating the Market," and "Short-Term Financial Engineering"
"Right after the company tells the market the stock is cheap, executives overwhelmingly decide to sell."
Air Ambulances Are Flying More Patients Than Ever, and Leaving Massive Bills Behind
Rising prices, billing disputes, and a quirk in federal law are creating a new health-care headache.



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