Sunday, December 30, 2018

 

News Links, December 31, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
ECB Ends Corporate Bond Buying, and Look What Happens
Companies feel the pain as euro junk-bond yields more than doubled from a year ago.

## Airline death spiral ##
LaGuardia Airport Power Out & Con Ed Explosion Reports
Airline double standards over violent, drunken passengers
Disruptive incidents on flights have doubled, with Ryanair worst affected
California Pacific Airlines Cancels Flights Due to Pilot Shortage

## Fault lines/flashpoints/powder kegs/military/war drums ##
Trump Critics of Syria Withdrawal Fueled Rise of ISIS
Too many of those protesting the removal of U.S. forces are authors of the catastrophe that tore Syria to pieces
Chinese reconnaissance plane flies over South Korea, Japan as geopolitical tensions grow
Seoul, Tokyo scramble fighter jets after PLA aircraft spotted in air defence identification zones
China and US play the Great Game in South Asia
US Navy using Sri Lanka to counter China's growing Indian Ocean presence

## Migrants/refugees ##
People naturally want to move to where the grass looks greener. We can't blame them. But looking to the future, as the global economy — including the US economy — continues to deteriorate, migrants are going to become targets for "stealing" the natives' jobs. It's going to get very ugly. -- RF
The price couldn't stay there long because petroleum products would be unaffordable to many people. -- RF
FDA Holds Meeting to Identify Cause of Drug Shortages
The US Food and Drug Administration (FDA) is working to update its approach to drug shortages after several high-profile manufacturing-related shortages over the last year.
Philippines becoming a rich world dumping ground
Discovery of over 5,000 tons of South Korean hazardous waste on the Philippine island of Mindanao marks a rising trend of illegal foreign dumping on the island nation.
If the subject is China, they're called "censors"; if the subject is the US, they're called "moderators." -- RF

## Propaganda/censorship/fake news/alternative facts ##
A Reuters Report on Iran That Fueled US Diatribes
This year, U.S. Secretary of State Mike Pompeo made speeches about corruption and property confiscation in Iran that borrowed animating details from a skewed, 5-year-old story that is gaining influence.
Wag the Dog... British Media Watchdog Accuses Russia of Bias
On the unbelievable chutzpah of the UK propaganda machine regarding the Skripal affair. -- RF
The citizens are disenfranchised and conditioned to be politically apathetic consumers. In recent decades, democracy has been replaced by the illusion of democracy.

## Systemic breakdown/collapse/unsustainability ##
The Ghost Of Christmas Future — A frightening world awaits unless we change our ways
What collapse is like: Guadalajara Mexico

## Japan ##
Tokyo bullet train disruption affects 230,000 passengers

## China ##
China's Startup Bubble Runs Aground
Bike-share companies, among the hottest startups, are wiping out investors.
There has been a "shocking" rise in the number of potholes on British roads with half a million reported to local authorities over 2017, research by the RAC has revealed, an increase of 44 per cent in two years.
UK says rising migrant Channel crossings are a 'major incident'
From changing rooms to public toilets: The dark trend of hidden spy cameras filming women
'It has grown exponentially in the last five to seven years. Our caseload is going up, which comes from these things being readily easy to buy. Tech can lead people down some dark roads. It is terrifying'

## US ##
Drop in U.S. consumer confidence stokes fears of economic slowdown
Overflowing With Excess Inventory, US Companies Turn To Truck Trailers
US Housing Market to Get Uglier in Near Future


Thursday, December 27, 2018

 

News Links, December 28, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
World Economy Is Set to Feel the Delayed Trade War Pain in 2019
Revenues For Canada's Oil Towns Dwindle As Firms Stop Paying Taxes
A new discontent is brewing in Canada's oil patch—insolvent oil firms or energy companies trying to stay afloat amid low Canadian oil prices have started to lag in municipal tax payments or have stopped paying taxes altogether, The Globe and Mail reports, noting that losses on missed tax payments could be in the tens of millions of Canadian dollars.
Pilots will be required to take post-flight alcohol tests

## Fault lines/flashpoints/powder kegs/military/war drums ##
The Coming of Hyperwar
China To Take Over Kenya's Largest Port Over Unpaid Chinese Loan
John Bolton Says He Wants to Protect Africa from 'Predatory' Chinese Behavior. What About Washington's?
Chinese investment may come with strings attached, but Africa deserves an alternative to U.S.-led neoliberalism and militarization.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Clashes erupt as Sudanese march on presidential palace

## Energy/resources ##
Nigeria recorded the highest crude oil loss in the last 18 years with an average of 245 million barrels of oil going down the drain in 2016.
Is Oil India planning to exit US shale project?
State-owned upstream player Oil India Ltd has decided to exit a shale exploration and production project in the US due to lack of returns.
Give Smil 5 minutes and he'll pick apart one cherished scenario after another. Germany's solar revolution as an example for the world to follow? An extraordinarily inefficient approach, given how little sunlight the country receives, that hasn't reduced that nation's reliance on fossil fuels. Electric semitrailers? Good for little more than hauling the weight of their own batteries. Wind turbines as the embodiment of a low-carbon future? Heavy equipment powered by oil had to dig their foundations, Smil notes, and kilns fired with natural gas baked the concrete. And their steel towers, gleaming in the sun? Forged with coal.
The man from Brookings hasn't seen anything yet. -- RF
Whether one agrees with the argument or not, it is inevitable that a population will decline to the level at which available energy supplies can support it. -- RF

## Intelligence/security/internet/cyberwar ##
Why the Pentagon's cyber innovation could fall behind

## Propaganda/censorship/fake news/alternative facts ##
Pakistan's journalists complain of increasing censorship
Inside the Temple of Covert Propaganda: The Integrity Initiative and the UK's Scandalous Information War
The Grayzone entered the carefully concealed offices of a covert, British government-backed propaganda mill that is at the center of an international scandal the mainstream media refuses to touch.

Costs for scrapping 79 nuclear facilities estimated at ¥1.9 tril
The state-backed Japan Atomic Energy Agency says it would need to spend about 1.9 trillion yen to close 79 facilities over 70 years, in its first such estimate.
Ain't gonna happen. They'll run out of time and money long before 70 years from now. -- RF
Japan's Prisons Are a Haven for Elderly Women
Lonely seniors are shoplifting in search of the community and stability of jail.
President Donald Trump is considering an executive order in the new year to declare a national emergency that would bar U.S. companies from using telecommunications equipment made by China's Huawei and ZTE, three sources familiar with the situation told Reuters.
Although one could cite multiple factors, in the main people are being made to pay for net energy decline. -- RF


Tuesday, December 25, 2018

 

News Links, December 26, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
'The worst is yet to come': Experts say a global bear market is just getting started
How does the pope reconcile his message with a world economy which is heavily dependent on keeping those cash registers ringing? The people of the world are sandwiched between two contradictory messages: one telling them to eschew materialism and the other telling them to max out their credit cards. -- RF

## War on cash/cashless society/cryptocurrencies ##
Who Wins When Cash Is No Longer King? It won't be the poor.

## Airline death spiral ##
The Global Battle over Subsidies for Money-Losing Airlines
The US and EU slug it out with the United Arab Emirates and Qatar.
Never say "breakdown" or "malfunction." That's so passé. Call it a "mechanical issue," which doesn't sound so bad. -- RF
Because of an engine malfunction, which the article of course calls an "engine issue." -- RF
Pilots should go undergo 'tiredness test' before flights to stop them falling asleep in the cockpit, union says

## Fault lines/flashpoints/powder kegs/military/war drums ##
Mattis Signs Order to Withdraw US Troops From Syria
Land mines will be hidden killer in Yemen decades after war

Asia's version of Palestine emerging in Bangladesh
Rohingya refugees are being courted by Middle East and South Asia  extremist groups, a dynamic that could turn Bangladesh's overflowing camps into a new vortex of regional instability
Five migrant boats rescued in English Channel

## Global unrest/mob rule/angry people/torches and pitchforks ##

## Got food? ##
Skyscraper farms are about to go global
Pin your hopes on this and starve. -- RF

## Solutions ##
10 Mandatory Preps Regardless of How SHTF

## Intelligence/security/internet/cyberwar ##
How Does Cinema War Propaganda Really Work?

## Systemic breakdown/collapse/unsustainability ##
Brought to you by net energy decline. -- RF
Another Year of American Collapse: Why and How American Life Keeps on Falling Apart
Sydney Olympic Park residents evacuated amid concerns building may collapse
Up to 3000 residents have been evacuated from multiple buildings at Sydney Olympic Park amid loud "cracking noises" being heard within the recently-completed Opal Tower apartment building, sparking fears of a collapse.
They are being wiped out by the economic and militarily dominant languages. -- RF

Not a word on profitability. -- RF

## UK ##

## US ##


Sunday, December 23, 2018

 

News Links, December 24, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Biotech swoon adds to Nasdaq's pain as bear market looms ever closer
The Nasdaq officially went into bear market territory today. Expect things to get much worse.

Police release two people arrested in Gatwick drone investigation
Failure of Anti-Drone Tests Exposes U.S. Airport Vulnerability
Counter-drone technology performed so poorly in U.S. government tests in recent years that the systems couldn't reliably identify rogue unmanned aircraft, casting doubts on whether there's a viable short-term solution to the intrusions that repeatedly disrupted the London airport this week.
Birmingham airport resumes services after air traffic control fault
Drones: A Rising Menace To UK Aviation

## Fault lines/flashpoints/powder kegs/military/war drums ##
Don't Hold Your Breath on US Troop Withdrawal from Syria
It would be nice to think the president has final say on foreign policy, given the U.S. Constitution. But the misleading troop withdrawal announcement, followed by Trump's boastful tweet, suggests the exact opposite, says Patrick Lawrence.
Is U.S. Geopolitical Strategy Experiencing a Monumental Shift?
The Great Saudi Muddle
Two U.S. Senate resolutions last week have resulted in a ball of confusion, one that tries to distance the U.S, from a murderous Saudi prince while at the same time demanding closer relations with the government he heads.

## Migrants/refugees ##

## Global unrest/mob rule/angry people/torches and pitchforks ##
Tower of London Beefeaters switch tunics for yellow vests
U.S. shale producers hit the brakes on 2019 spending
Electricity won't save us from our oil problems
While intermittent wind and solar may sound sustainable, the way that they are added to the electric grid tends to push the overall electrical system toward collapse. They act like parasites on the system.
Major Iraqi power plants are dependent on Iranian natural gas supply, while Iraq also imports electricity from Iran, as Baghdad's power generation is not enough to ensure domestic supply.

## Environment/health ##
The Link Between Social Media and Depression

## Intelligence/security/internet/cyberwar ##

## Propaganda/censorship/fake news/alternative facts ##
Post by Craig Murray. There is some interesting speculation here for students of the Skripal affair. -- RF
Facebook censoring images of starving Yemen children

## Systemic breakdown/collapse/unsustainability ##
Burnout, stress lead more companies to try a four-day work week
Behind the Myth of China's Great Technology Grab
The issue of forced transfers is overstated. Carmakers know how to safeguard their most advanced know-how.
Chinese trade with North Korea drops by over 50 per cent despite thaw in relations

## UK ##
British nuclear archive files withdrawn without explanation

## US ##
Illinois Bleeds Population for Fifth Year in a Row
Skyrocketing debt and pension obligations make for a tough labor environment.
When Yapping No Longer Works
Markets briefly rallied on a CNBC interview with NY Fed president John Williams. It didn't last long.
Send the Mad Dog to the Corporate Kennel
"Mad Dog" Mattis was famous for quipping, "It's fun to shoot some people." It remains a supreme irony that Mattis was widely considered the only "adult in the room" in the Trump administration.


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