Thursday, July 05, 2018


News Links, July 6, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Stock Markets Look Ever More Like Ponzi Schemes
People think their savings and pensions are safe because of rising share prices. They do not realise it is all a con-trick.
## War on cash/cashless society/cryptocurrencies ##
Cryptocurrency Theft Drives 3x Increase in Money Laundering
The first half of 2018 saw more cryptocurrency theft than all of 2017 combined, driving a rise in digital money laundering as criminals elude authorities.
Cryptocurrency Virtually Outlawed in India as Top Court Backs Ban
BIS Chief Bashes Cryptocurrency Again in Scathing Review of Its 'Failure' as Money
Sydney Airport collaborates with Qantas for facial recognition trial
ANA to cancel 113 domestic flights to inspect Rolls-Royce engines

## Fault lines/flashpoints/powder kegs/military/war drums ##
US taps Japan radar tech to double missile defense range
Advanced Aegis covers entire Korean Peninsula and east China
No plan for US troops to leave Germany: White House
Iran says Europe's offer to save nuclear deal insufficient
Trump to Tell NATO US Won't Be World's Piggy Bank
Europe Turns Down Chinese Offer For Grand Alliance Against The US
UAE orders assets freeze of 9 Iran individuals, entities
European countries are quietly bringing back the draft
'This is apartheid, there is no better word for it': Calls for boycott growing among mainstream Israelis
A prominent Israeli scientist and a translator penned a joint op-ed for the Guardian last week calling on the international community to intervene on behalf of Palestinians, before time runs out.

## Migrants/refugees ##
In Denmark and throughout Europe, assimilation is becoming mandatory

## Global unrest/mob rule/angry people/torches and pitchforks ##
Iran's Water Crisis May Result in Social and Political Upheaval

## Energy/resources ##
Permian Bottlenecks Come At The Worst Moment
The growing number of supply outages around the world are causing the oil market to become a lot more volatile, putting extra emphasis on every barrel that does or does not make it to market. That makes the infrastructure bottlenecks in West Texas a global concern.
The fracking industry certainly has increased economic activity in America and created jobs within the industry. Less discussed, however, is the fact that the industry has consistently lost money on the wells it's drilling and is heavily in debt. One way to address this structural problem in the industry's finances is to eliminate high labor costs by replacing people with computers and robots.
A spokesman for T-Mobile told News 4 there's been a nationwide uptick in copper thefts from cell towers in the last six months.
Ghost ships no more: Explorers resume oil, gas search as prices perk up
A growing fleet of ships is scanning oceans in search of new oil and gas fields as energy companies, now with more cash thanks to stronger crude prices, gradually resume spending on seismic services after a four-year downturn.
The higher crude prices go, the more oil can be found and extracted. But the limiting factor is how much petroleum product consumers can afford to pay. Recall also that higher extraction cost means less of the energy can actually be used by society, i.e., net energy decline. -- RF
Concentrated solar power vs. solar PV, an update

## Got food? ##
UK heatwave: More wildfires and food shortages loom as temperatures soar
In some areas grass has stopped growing and crops are ripening too early while milk yields and animals' winter food supplies are at risk
Farmers warn of crisis amid 'drought' (Scotland)

## Environment/health ##
'I can't afford that': Woman trapped by subway train begs bystanders not to call ambulance (US)
Deaths rise as record heat continues to scorch southern Quebec
Ambulance service says it's reached its limit, asks people with mild symptoms to seek help elsewhere

## Intelligence/security/internet/cyberwar ##
Watchdog: New Zealand spied for years on Pacific neighbors
A watchdog office says New Zealand spied for years on its South Pacific neighbors and passed collected information to the U.S. and other allies.
US, Israel Form Working Group to Plot Against Iran
Group is trying to fuel public protests against Iran government
Syria Sitrep - UN Refugee Numbers For Daraa Make No Sense At All

## Propaganda/censorship/fake news/alternative facts ##
Wheel Out the Skripal Story Again

## Systemic breakdown/collapse/unsustainability ##
The Gathering Storm
The gathering storm cannot be dissipated with propaganda and bribes.
The British government should thank the Russians for creating a miracle substance whose properties magically change to fit any imaginable scenario. One never ceases to be amazed by the possibilities. -- RF
KFC stores in Exeter are running out of chicken and branches in Plymouth have already closed due to "delivery issues".

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