Tuesday, July 17, 2018

 

News Links, July 18, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Jeff Bezos is now the richest man in modern history
A.P. Moeller-Maersk A/S may struggle to make a profit this year after the U.S. and China descended into a trade war that is already showing stress in sentiment surveys.
Trade Dispute Erupts in WTO: US Files Against EU, Four Others, China Against US


## War on cash/cashless society/cryptocurrencies ##
State of Cryptocurrencies: Summer 2018
## Fault lines/flashpoints/powder kegs/military/war drums ##
Trump On Path for War With Iran in the "National Interest"
It's not hard to see that it would bring only more chaos and death to the Mideast. Just look at Libya and Iraq, which were both "liberated." The "national interest" is, of course, oil. -- RF
U.S. State Department in talks with Turkey to sell Patriot system
The U.S. State Department on Monday said it was working with NATO ally Turkey on the possible sale of a Raytheon Co Patriot missile defense system to avert its purchase of a Russian-made S-400 system.
Trump Calls Off Cold War II (Patrick Buchanan)
The F-35 Is a $1.4 Trillion National Disaster
The JSF is a terrible fighter, bomber and attacker — and unfit for aircraft carriers

## Global unrest/mob rule/angry people/torches and pitchforks ##
New Clashes in Puglia As 42 Olive Trees Are Moved for Pipeline
Contractors are preparing to uproot another 1,800 olive trees along a five-mile route of the Trans Adriatic Pipeline. Up to 10,000 olive trees could be moved to enable construction of the entire $4.5-billion project.

## Energy/resources ##
OPEC Output May Be Stretched to Limit by Supply Crises, IEA Says
OPEC's Gulf members may need to pump almost as much crude as they can to cover swelling supply losses from Venezuela to Iran and beyond, the International Energy Agency said.
Obviously, with this number of humans, we will not achieve "cooling for all." Further, long-time readers know I've pointed out the fragility of the cold chain time and again. -- RF
IEA frets over global spending on energy
Even with China, the second-largest economy in the world, absorbing much of the world's investments, the IEA said renewable support declined by about 7 percent.
It's a shame he was killed, but the victim knowingly went into the sanctuary. It just goes to show that there's no place for nonhuman species to live anymore. -- RF
Detente Bad, Cold War Good
The entire "liberal" media and political establishment of the Western world reveals its militarist, authoritarian soul today with the screaming and hysterical attacks on the very prospect of detente with Russia. Peace apparently is a terrible thing; a renewed arms race, with quite literally trillions of dollars pumped into the military industrial complex and hundreds of thousands dying in proxy wars, is apparently the "liberal" stance.

## Systemic breakdown/collapse/unsustainability ##
Our Institutions Are Failing
This mainstream narrative is itself false: our institutions are failing, and the cause isn't fake news or Russian hacking--the cause is insider plundering and collusion, aided and abetted by a decline in transparency and accountability and the institutionalization of incompetence.
Japanese companies are joining the fray to capture rising demand for cross-continental freight transport. Nippon Express launched air and sea shipments between Japan and China in May so as to extend the Europe-China route to Japan.
It's a sign of how desperate the situation has become in the capital because of its extreme overpopulation and overcrowding. Just imagine the chaos that could erupt during the 2020 Olympics when foreign visitors inundate the Tokyo region. -- RF

## US ##
This is the 'biggest bubble in the history of mankind and it's going to burst,' Ron Paul says
U.S. Energy Independence? Still Importing Nearly 8 Million Barrels Of Oil Per Day
Plutonium went missing in San Antonio, but the government says nothing
Losses of civilian nuclear material are usually disclosed but when the government loses nuclear bomb ingredients it stays mum
Mass Hysteria (Mish)
The mass hysteria following Trump's meeting with Putin is likely to last for days. Most are outraged. Few see the light.

And finally…




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