Thursday, June 14, 2018


News Links, June 15, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Hosting international parties is an energy-intensive endeavor. Although hosting the Olympics and World Cup extravaganzas was once seen as an unmitigated good, it's now widely perceived as a burden. Thank net energy decline. It's all downhill from here. -- RF
Watch Live: Mario Draghi Explains Why He Is Ending QE As EU Economy Collapses
EU nations back retaliating against U.S. steel tariffs
European Union countries on Thursday unanimously backed a plan to impose import duties on 2.8 billion euros ($3.3 billion) worth of U.S. products after Washington hit EU steel and aluminum with tariffs at the start of June, EU sources said.
Globalized Digital Bank Robbers Feast on Latin America
Ronald Stoeferle: Gold Is Dirt Cheap Right Now
The United States of America is beginning to lose its reserve currency dominance. Countries around the world are working to find ways to circumvent the US dollar when it comes to trade and settlement. In addition to that, nations are requesting for their gold holdings stored overseas to return home.

## Cut, baby, cut! ##
H&R Block to close 400 stores over lower profits
Rolls-Royce announces 4,600 job cuts

## War on cash/cashless society ##
Cashless Society - Good or Bad? MoneyConf 2018 Video

## Airline death spiral ##

## Fault lines/flashpoints/powder kegs/military/war drums ##
The key word in the Trump-Kim show
By reaffirming the Panmunjom Declaration, the US President has committed to bringing its military back from South Korea and thus a complete denuclearization of the South as well as the North
Iran Warns North Korea About The United States
In World Cup Politics, It's Moscow 1, London 0
Despite sanctions and furor over Putin's policies, Russia is poised to gain internationally from the soccer tournament as a boycott campaign fizzles.

## Energy/resources ##
How much of the world's energy is supplied by renewables?
China's Global Electricity Takeover
Russia's Putin to meet Saudi Crown Prince Mohammed, discuss oil deal: Kremlin
Tesla pulls plug on Home Depot solar sales four months after national kickoff
There's No 'Silver Bullet' With Produced Water
Although proportions vary and worldwide data are incomplete, water makes up a significant volume of the production from wells. To provide some idea of the magnitude of water involved, the Produced Water Society  – citing 2012 data – has reported an average ratio of 9.2 barrels of produced water per barrel of oil for wells in 21 states in the U.S. (excluding Oklahoma and Texas).
Crisis on the High Plains: The Loss of America's Largest Aquifer – the Ogallala
The grain-growing region in the High Plains of America—known as America's breadbasket—relies entirely on the Ogallala Aquifer. But long term unsustainable use of the aquifer is forcing states in the region to face the prospect of a regional economic disaster.
Farmers already at higher risk of suicide face pressure from tariffs
Our seas are choking on plastic. A staggering eight million metric tons wind up in oceans every year — and if we continue to pollute at this rate, there will be more plastic than fish in the ocean by 2050.

## Intelligence/security/internet/cyberwar ##
Australia keeps China out of internet cabling for Pacific neighbor
Facebook's responses to the Senate revealed some other creepy things it knows about you, including tracking your mouse movements, and whether you're actively looking at Facebook or if it's in the background.

## Propaganda/censorship/fake news/alternative facts ##
American Mass Media and Punditry Remain a Dishonest, Militaristic Embarrassment

## Systemic breakdown/collapse/unsustainability ##
Brazil murder rate takes its toll on economy
Seventy years! There's another project that will never be completed. -- RF

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