Tuesday, June 26, 2018

 

News Links, June 27, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Interestingly, the amount of gold exported to London during this period nearly equaled the total U.S. domestic gold mine supply.
Read on to see where most of that gold eventually ends up. -- RF
America will need to learn new rules and play differently in the new balance-of-power world, where others have assets and policies the U.S. does not and cannot control.
Learn Mandarin. -- RF
Economic War on Iran: Trump Sets Sanction Policy for Entire World
Trump will grant no waivers on purchases of Iranian oil. Effectively, this is an economic declaration of war on Iran.
Simply put, the US Treasury market is now a centrally directed farce where supply and demand no longer determine prices or yields...as is the JGB market and European sovereign debt markets...and who knows how many more.

Crypto Collapse Spreads With Hundreds of Coins Plunging in Value

## Airline death spiral ##

## Fault lines/flashpoints/powder kegs/military/war drums ##
Turkey's victorious Erdogan set to assume sweeping powers
A German 'Iran Bank' could save the nuclear deal
Creating a private German Iran Bank would keep investment flowing into Iran, so that Tehran sticks to its side of the nuclear deal. The bank could even be named Deutsche.
'It's real, it's coming, it's a matter of time:' Missile Defense Agency director on hypersonic weapons
U.S. Air Force Lt. Gen. Samuel Greaves says it is only a matter of time before hypersonic weapons are added to the arsenals of America's adversaries.
Turkey's European dream may be over, is the Sultan ready for Eurasia?
Erdogan has lost his parliamentary majority and must now establish a coalition with the far-right Nationalist Action Party; given the latter is anti-Western, the road ahead points in only one direction: Eurasian integration.
Beyond the South China Sea: Beijing may target these waterways next
Trains, buses and the underground rail system stopped and there was no air or maritime transportation nationwide, affecting at least 15 million in the capital of Buenos Aires alone.

## Migrants/refugees ##
I truly feel sorry for the migrants. They believe they are moving to the Land of Milk and Honey, but those countries too are on a path leading to economic, social, and ecological collapse. -- RF

## Global unrest/mob rule/angry people/torches and pitchforks ##
Maxine Waters Calls For Attacks On White House Employees: "Create A Crowd And Push Back On Them"
Congresswoman Maxine Waters (D-CA) openly called for people to form a mob and physically confront members of Donald Trump's administration if they see them out in public after controversy over separated migrant families erupted two weeks ago.
Sign of the times: A US lawmaker openly calls for mob rule. -- RF
Protest of Macedonia name deal gets unruly in Greece

## Energy/resources ##
Recycling end-of-life wind turbines, solar panels, and batteries turns out to be very challenging. Owing to net energy decline — which will be aggravated by the low power density of renewables themselves — recycling costs are going to increase. Can recycling ever be profitable? -- RF
Any system which runs off the detritus of industrial society has no future. -- RF

## Got food? ##
Keep watching as America's vaunted food-production system collapses, causing shortages and a global spike in food prices. Food riots are a matter of time. -- RF
Increase in size, frequency of ocean storms a threat to global fisheries
French Butchers plead for government's protection against 'terrorist' vegans

Seabirds are starving to death on the remote Lord Howe Island, a crew filming for the BBC One documentary Drowning in Plastic has revealed. Their stomachs were so full of plastic there was no room for food.
Russiagate's 'Core Narrative' Has Always Lacked Actual Evidence
The unprecedented allegation that the Kremlin "attacked America" and "colluded" with its president in order to elect him is based on two documents devoid of facts or logic.
Cops May Unlock iPhones Without a Warrant to Beat Apple's New Security Feature
As the cat and mouse game between iPhone hackers and Apple continues, with Apple introducing more robust security features, some law enforcement officials exploring a legal workaround.

## Propaganda/censorship/fake news/alternative facts ##
Images of Children Crying
US media propaganda continue telling us that the utterly corrupt political system is OK, and that it's just the person in the White House who's ruining everything. -- RF

## Systemic breakdown/collapse/unsustainability ##
Tomorrow's Cities: Can start-ups solve city issues?
Having an area like this is becoming increasingly important as cities look to tech to help solve problems like congestion and pollution.
By "issues" I suppose they mean problems. Anyway, this is the same old "more people = more money" mindset at work. The idea of solving problems by having fewer people just never enters their minds. So we have more people and their wastes, and then count on hi tech to shove it all around more efficiently. -- RF
Unsustainable. -- RF

## Japan ##
Underscoring the Japanese love of cash... -- RF

## China ##
China to protect a quarter of land from development by 2020
CHINA aims to keep a quarter of its land off-limits for development by 2020 and increase forest coverage to more than 23 per cent of its total landmass, the country's cabinet said.
Australia buys hi-tech Triton drones to monitor South China Sea, enhance 'anti-submarine warfare'
Poor Man's Disease: Hepatitis Spikes as Poverty and Isolation Take Hold Among America's Forgotten
What's happening in Michigan is the largest outbreak of hepatitis A in the state's history. But Michigan is hardly unique: In nearby Ohio, Indiana and Kentucky — and as far away as San Diego, Salt Lake City, and New York City — the number of hepatitis A cases is spiking sharply.
Growing Public Employee Benefits to Force School Cuts
Americans expect that when they give public schools more money, this will help to fund the education of their children and to support programs that promote their children's development, such as athletics or the arts. What they don't expect is for the money they give to be siphoned off in ways that will either never show up in a classroom or that will never benefit their children.
Sky-High Deductibles Broke the U.S. Health Insurance System
Risks Pile Up Quietly in the US Corporate Bond Market
Harley to Shift Some Production Overseas: Harley and GE in Trump Crossfire
Trump seeks to bring jobs to the US via tariffs. It's backfiring.




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