Thursday, August 09, 2018


News Links, August 10, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Turkish Banks Scramble to Stave Off Debt Crisis, as Lira Plummets
The two biggest trends on Earth
Extreme poverty is decreasing, while extreme inequality is on the rise — two trends with far-reaching consequences all over the globe.
Ironically the crucifixion was carried out a day after Saudi-owned media began calling out Canada's human rights record through a series of bizarre videos aired on state channels, in response to Canada's own initial criticism of the kingdom's detention of activists. 
The US-UK Russia-bashing campaign continues. As usual, there's not a shred of hard evidence to implicate the Russian government or Russian individuals. The lapdog media should be demanding that the UK government fill in the gaping holes in its laughably absurd conspiracy theory. -- RF

## Energy/resources ##
Why Saudi Oil Production Suddenly Dropped

## Intelligence/security/internet/cyberwar ##
No Peace in Strengthening Iran Sanctions

## Propaganda/censorship/fake news/alternative facts ##
Russia stops Pussy Riot member leaving country
Tepco halts sales of souvenirs from Fukushima No. 1 nuclear plant following public outcry
Tepco suspended the sale of souvenirs at its crippled Fukushima No. 1 nuclear power plant Wednesday — just eight days after launching the products — following public outcry that it was looking to profit from the 2011 disaster.
There are already serious concerns about chaos. -- RF
Japan's food self-sufficiency unchanged at 38%
Well-fed Japanese are in for a shock. BTW, did you know that when people get hungry, their mood quickly gets very ugly? -- RF

## UK ##
Record heatwave pushes hospitals into emergency measures
Unprecedented "summer crisis" leaves ambulances queueing outside hospitals
Giving Trump Carte Blanche for War
A little-noticed Senate bill would give Donald Trump blanket permission to launch wars in violation of the Constitution.
Naturally a budget (i.e., more energy) will be needed to run the new service. It will hasten the crash of an already bloated and unsustainable system. -- RF
A multi-billion-dollar "security" industry is now needed to keep people from being shot as they walk down the street, sit in classrooms, use public transportation, and otherwise go about their daily lives. -- RF
What's Going On in the Used Car & Truck Market?
As "affordability challenges" hit new vehicles, consumers switch to used, prices spike to record, inflation psychology sets in.
Again, no evidence at all. -- RF

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