Tuesday, October 30, 2018

 

News Links, October 31, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
What's the Real Meaning of the Stock Market Swoon?
Nobody dares discuss it openly for fear of triggering a panic, but there aren't enough lifeboats for everyone.
I've said it before and I'll say it again: You don't want to be in a place like Singapore when the SHTF. -- RF
64% of US Firms Doing Business in China Consider Relocation, Only 1% to N. America
Trump's tariffs are taking a huge bite on corporate profits, but the US will not benefit at all.

## War on cash/cashless society/cryptocurrencies ##
By itself, bitcoin could create climate chaos within 20 years

## Airline death spiral ##
Indonesia says Lion Air passenger flight from Jakarta to Sumatra has crashed

## Fault lines/flashpoints/powder kegs/military/war drums ##
For Taiwan youth, military service is a hard sell despite China tension

## Global unrest/mob rule/angry people/torches and pitchforks ##
Nigerian police 'open fire' at Shia protesters amid Abuja clashes
Bitumen is what a desperate civilization mines after it's depleted its cheap oil. It's a bottom-of-the-barrel resource, a signal that business as usual in the oil patch has ended.
The well confirmed a volume of between 12 and 25 million recoverable barrels of oil.
Just to put this in perspective, that's not even one day's worth of oil. -- RF
Iran is still selling a lot of oil just days before Trump's sanctions deadline
China and India, the two biggest buyers of Iranian crude, are widely expected to keep purchasing barrels from Iran.
Iran Replaces China as Top Importer of US Soybeans
Thanks to Trump's tariffs, China all but stopped importing US soybeans. Iran picked up much of the volume, cheaply too!
Thousands of ships could dump pollutants at sea to avoid dirty fuel ban
Owners planning to install 'emissions cheat' systems to avoid having to buy cleaner, more expensive fuel
Nature pushed to the brink by 'runaway consumption'
Unbridled consumption has decimated global wildlife, triggered a mass extinction and exhausted Earth's capacity to accommodate humanity's expanding appetites, the conservation group WWF warned Tuesday.

## Propaganda/censorship/fake news/alternative facts ##
Attack on Gab Proves Speech Was Never Free
Here's an analysis which comes closer than most in showing what's actually going on between Japan and China. It's another perspective on Japan's absorption into the Chinese economic zone. On Monday I cited a number of factors behind that absorption. This article in particular discusses how Japan's relations with the US are complicating PM Abe's attempts to move toward rapprochement with China. -- RF
Medicinal uses for rhino horn? Why not just use human fingernails, which are the same substance? -- RF
Still more holes in the UK authorities' preposterous Skripal story. -- RF
Starving eight-year-old forced to steal tomato sauce sachets to make soup because he was so hungry
Food banks reaching crisis point due to rising demand, charities warn MSPs
Personal Income, Spending Growth Tumbles In September As Savings Rate Slumps
What Is The Future of New Housing and More Generally US Real Estate?
Although outside the scope of the analysis, the main driving force is net energy decline. -- RF


Sunday, October 28, 2018

 

News Links, October 29, 2018


## War on cash/cashless society/cryptocurrencies ##
Police seize India's first Bitcoin ATM
India's first Bitcoin ATM lasted a little over a week and its seizure is another sign that the country's once-buoyant crypto ecosystem is crumbling

## Fault lines/flashpoints/powder kegs/military/war drums ##
2 Koreas talk about implementing recent military agreement
Who profits from the end of the mid-range nuclear treaty?
The US move to shelve the Intermediate-range Nuclear-Forces treaty  could accelerate the demise of the whole post-WWII Western alliance, and herald a bad remix of the 1930s
The Chinese are working hard to win over Japan and further absorb it into the Chinese economic zone. As globalization recedes, the US will get edged out. In a way this is a return to the past when China dominated East Asia and the Chinese written language was the Latin of the East. -- RF
Summit in Istanbul as ramifications of the Khashoggi debacle roll on
The Russia-Turkey-Germany-France summit in Istanbul suggests that Russia is in control of Syria's future; meanwhile, consequences of the brutal slaying continue to rock the House of Saud

## Energy/resources ##
The shale oil industry in the United States is using investor money to subsidize oil consumers and to line the pockets of top management with no long-term plan to build value.
Oil Markets Recover From Panic Attack but Prices Will Go Lower
My money is on horses and bicycles. -- RF
Here's another example of the crucial difference between fossil fuels and renewables: In the case of fossil fuels, nature did all the hard work for us; on the other hand, renewables require that we do all the work ourselves. As such, with renewables we can never obtain the high energy returns that fossil fuels provide. Biofuel dreamers wasted billions of dollars because they failed to see this difference. -- RF
[A]nalysts are increasingly looking to Libya and Nigeria as the only swing producers that could keep oil under the $100 mark.

Ban entire pesticide class to protect children's health, experts say
Evidence is 'compelling' that organophosphates increase risk of reduced IQs, memory and attention deficits, and autism for prenatal children

## Intelligence/security/internet/cyberwar ##
The Khashoggi Affair and the Future of Saudi Arabia
If the Saudi power structure were to crumble in the wake of the Khashoggi scandal there would be chaos at home and a shift in power around the Gulf.
The Triumph of Evil (Paul Craig Roberts)
WikiLeaks' Legacy of Exposing US-UK Complicity
WikiLeaks is vilified by governments (and increasingly by journalists) for its exposures, including of the U.S.-UK "special relationship" in running a joint foreign policy of deception and violence that serves London and Washington's elite interests.

## Propaganda/censorship/fake news/alternative facts ##
Ignore the government sources and "experts." A combination of a weakening US Empire, net energy decline, an increasingly fragile world financial system, reverse globalization, and other powerful factors will result in a dwindling US presence and rapidly growing Chinese influence in Asia. -- RF
Experimental studies were conducted with a view toward commercialization but the turbine, one of the world's largest with a rotor diameter of 167 meters, was deemed unprofitable due to multiple malfunctions decreasing the utilization rate.
Everyone's having trouble reaching orbit these days. What's happening to humanity's plan to colonize the galaxy? -- RF

## UK ##
Fracking: second tremor in 24 hours recorded in Blackpool
Tremor at Cuadrilla site in Little Plumpton is 18th since fracking restarted 12 days ago
Globalization Has Hollowed Out Rural America
The value of local control and local capital far exceed the pathetic "savings" reaped from shoddy commoditized goods.
It is just as I observed on February 6 of last year: Trump is "the natural and inevitable evolutionary outcome" of America's institutions. He is the symptom, not the disease. -- RF


Thursday, October 25, 2018

 

News Links, October 26, 2018


## Cut, baby, cut! ##
Union Pacific to cut 475 jobs in first wave of planned reductions

## War on cash/cashless society/cryptocurrencies ##
Fake banking apps are putting customers at risk in India

## Fault lines/flashpoints/powder kegs/military/war drums ##
Leaders of Asia and Europe sit down for talks, not sanctions

## Global unrest/mob rule/angry people/torches and pitchforks ##
Explosive devices sent to Barack Obama, Hillary Clinton, CNN

'Cancer-causing' weed killer found in 26 of 28 United States cereals
Dozens of cereals, oatmeals and snack bars contain trace amounts of a weed killer that has been linked to cancer, a new report says.

## Environment/health ##
New York AG sues ExxonMobil for misleading investors

## Intelligence/security/internet/cyberwar ##
Facebook Censorship of Alternative Media "Just the Beginning," Says Top Neocon Insider
At a Berlin security conference, hardline neocon Jamie Fly appeared to claim some credit for the recent coordinated purge of alternative media.
Now Apps Can Track You Even After You Uninstall Them
New trackers make it easy for developers to identify fed-up users and pester them with targeted ads.
Tim Cook: Personal data collection is being 'weaponized against us with military efficiency'
Cathay Pacific flags data breach affecting 9.4 million passengers
All that noise about virtually nonexistent Russian influence, not a word about this. -- RF

## Propaganda/censorship/fake news/alternative facts ##
Western Media Attacks Critics of the White Helmets

## Systemic breakdown/collapse/unsustainability ##
America's Social Depression Is Accelerating
Beneath the rah-rah statistics of "the greatest economy ever," the social depression is accelerating. The mainstream is reluctantly waking up to the future of the American Dream: downward mobility for all but the top 10% of households.
All is well on our planet Earth, isn't it?


And finally...


Tuesday, October 23, 2018

 

News Links, October 24, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Global growth outlook for 2019 dims for first time: Reuters polls
It's the Banks Again
US bank stock index down 17% from January. EU bank stocks crushed, crushed, crushed since Financial Crisis.

## War on cash/cashless society/cryptocurrencies ##
China Is the World's Retail Laboratory
Humanity now faces a challenge just keeping a crew in the ISS. Grandiose visions of a Space Force must be seen in the context of net energy decline and collapsing economies. -- RF
New Cold War In Africa? Russia Bolstering Military Advisers To Central African Republic
Following the significant expansion of United States Africa Command (AFRICOM) forces throughout the African continent over the past half-decade, Russia is playing its own hand at advising indigenous forces while increasing its military footprint in central Africa.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Paid Protest Firm "Crowds On Demand" Sued In $23 Million Extortion Plot
Women March on the Pentagon

## Energy/resources ##
Junk oil: U.S. Shale Has A Glaring Problem
Oil prices are down a bit, but are still close to multi-year highs. That should leave the shale industry flush with cash. However, a long list of U.S. shale companies are still struggling to turn a profit.
Don't expect this to amount to very much. -- RF
Millions of pounds of ready-to-eat salads and premade food items including entrees, burritos, wraps and pizzas at several big name retailers such as Harris Teeter, Kroger, Whole Foods, 7-Eleven, Trader Joe's and Walmart have been recalled due to the potential risk of listeria and salmonella contamination.

## Environment/health ##
Many of the wells have not been capped, and federal officials estimate that the spill could continue through this century. With no fix in sight, the Taylor offshore spill is threatening to overtake BP's Deepwater Horizon disaster as the largest ever.
Scientists discover plastic in faeces of every person who took part in Europe-wide study

## Intelligence/security/internet/cyberwar ##
What the Mainstream Media Aren't Telling You About Jamal Khashoggi

Hundreds of tower blocks across UK at risk of collapse, say experts

## US ##
The Coming Inflation Threat
Falling asset inflation plus rising cost inflation equals stagflation.
"Ultra-FICO" to Boost Credit Scores Giving Millions More Access to Credit
It's a desperate bid to prop up the economy by further expanding debt. The addict needs ever larger doses. -- RF
Billionaire-Funded Fascism Is Rising in America
$1,280 a pop! -- RF

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