Tuesday, January 22, 2019

 

News Links, January 23, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Billionaire hedge fund manager Klarman issues dire warning on global economy
Oxfam says world wealth gap widening, advocates fairer taxes
Brexit's Ironic Twists Hit Spain's Biggest Industry
"Peak Tourism" has already set in. Brits account for 22% of tourists in Spain. Now add Brexit.
Sri Lanka seeks regional bailout as balance of payments crisis looms
Sri Lanka is turning to key Asian allies for a financial lifeline as a balance of payment crisis looms over the debt-strapped South Asian island. It is in discussions with India and China in a desperate effort to meet unprecedented foreign debt obligations.
A 'Fundamentally Inhuman' Economy: 26 Billionaires Own as Much as World's 3.8 Billion Poorest People
While the wealth of billionaires increased by $900 billion last year, or $2.5 billion a day, latest Oxfam report on inequality shows "this bonanza has not been felt by the poorest half of the world, which saw its wealth decline by 11 percent."


## War on cash/cashless society/cryptocurrencies ##
Millions of Chinese tourists are spurring the growth of mobile pay overseas

## Fault lines/flashpoints/powder kegs/military/war drums ##
Erdogan: Turkey is ready to take over Syria's Manbij
Eisenhower's Nightmare: Space Wars Edition
Trump's new missile defense plan will be a bonanza for political patronage in Washington, and a huge fail for peace.

## Energy/resources ##
The U.S. Shale Oil Industry has been a financial trainwreck since day one.  And, with nearly $300 billion in public and private debt racked up by the shale industry since its inception, that hasn't stopped investors from throwing good money after bad to continue the biggest energy Ponzi scheme in history.
Huge DUC Backlog Could Trigger New Wave Of Shale Oil
Private Investment In Natural Resources Hits Record High
Fundraising by unlisted funds for investment in natural resources – oil and gas, timberland, farmland, water and mines – set a fresh record in 2018 and is likely to top $100 billion for the first time.

## Solutions ##
20 Low-Tech Ways to Stay Warm with Less Heat

## Environment/health ##
China plans major cut in number of Everest climbers
China will cut the number of climbers attempting to scale Mount Everest from the north by one-third this year as part of plans for a major cleanup on the world's highest peak, state media reported Monday.
How much can forests fight climate change?
Trees are supposed to slow global warming, but growing evidence suggests they might not always be climate saviours.
Navy Dumps Hazardous Substances into Puget Sound: Washington State AG
The U.S. Navy dumped the equivalent of 50 dump truck loads of solid material, including copper and zinc, into Puget Sound and must be stopped before it does so again, according to Washington state Attorney General Bob Ferguson.

## Intelligence/security/internet/cyberwar ##
Shocking Admission By FBI Veteran Shows Why The FBI Shouldn't Exist
A different perspective on an item which appeared yesterday. -- RF
Coming Soon to a Police Station Near You: The DNA 'Magic Box'
With Rapid DNA machines, genetic fingerprinting could become as routine as the old-fashioned kind. But forensic experts see a potential for misuse.
If a Venezuelan official urged Americans to rise up against Trump, it would be called "meddling." -- RF

## Propaganda/censorship/fake news/alternative facts ##
MSM Begs For Trust After Buzzfeed Debacle
A detailed summary of the many huge problems with the government's crackpot conspiracy theory. -- RF
A Call to Reinvestigate American Assassinations
To mark Martin Luther King Jr. Day a group of academics, journalists, lawyers, Hollywood artists, activists, researchers and intellectuals, including two of Robert F. Kennedy's children, are calling for  reinvestigation of four assassinations of the 1960s.

Sunday, January 20, 2019

 

News Links, January 21, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Visualizing The Snowball Of Global Government Debt
4 Months of Carmageddon in the EU Wipe Out Gains for 2018
Small electric cars may be unaffordable for some: VW chairman to newspaper
The move to electric vehicles will make cars significantly more expensive, meaning they may become unaffordable for people on low incomes in the future, the chairman of Volkswagen said in an interview published on Sunday.


## Fault lines/flashpoints/powder kegs/military/war drums ##
Army's long-awaited Iraq war study finds Iran was the only winner
At last the US defense establishment has officially admitted what everyone knew from the beginning. -- RF
Talk of Western intervention in the Black Sea is pure fantasy
Crimea is essential to Russia strategically and economically, but speculation over Ankara helping to boost the US presence in the Black Sea is far-fetched given Turkey's energy deals with Moscow.
Morrison misconnects across the South Pacific
Australian leader's recent tour of Fiji and Vanuatu fell mostly flat and likely did little to break China's firming grip on the region.

## Migrants/refugees ##
The remains of 127 dead migrants were recovered in southern Arizona in 2018

## Global unrest/mob rule/angry people/torches and pitchforks ##
Zimbabwe again forces 'total internet shutdown' amid unrest

## Energy/resources ##
Low Oil Prices Are Not The Only Problem For The Permian
While low oil prices are beginning to slow the growth of U.S. shale, in the years ahead oil and gas drilling could be curtailed by a different problem: a shortage of water.
Not everyone is convinced hydrogen power will prove viable, however. Tesla CEO Elon Musk is fond of calling the technology "fool cells," and he isn't the only critic. Skeptics note that there is no ready source of hydrogen and no distribution network as there is for either electricity or diesel fuel.
Top Reasons to Support Groundwater Preservation
Water scarcity is getting worse around the world as aquifers are drained faster than they can be refilled. The most significant contributor to the problem is industrial farming, due to its heavy use of potable water for irrigation.
Europe's new-generation nuclear plants stagger over the start line
Years late and massively over-budget, Europe's first EPR nuclear plants in Finland and France are on the verge of "energizing", as the sector jargon goes.

The Rhine waterway, critical to moving coal, car parts, food and thousands of other goods, risks becoming impassable because of climate change.
A controversial startup that charges $8,000 to fill your veins with young blood now claims to be up and running in 5 cities across the US
New Zealand's clean, green image took a beating this summer as tourists travelling through the countryside posted pictures of lakes and rivers off limits due to contamination by farm effluent, garbage and human faeces.
They Spy with Their Little Eye
The Five Eyes, a part of what the NSA calls internally its "global network," have their dirty fingerprints all over the latest spying scandal engulfing New Zealand.
Seymour Hersh: George H.W. Bush Team Leaked To Media To Reveal CIA's Iran-Contra Affair
This Is The Reason Smart TVs Are So Cheap 
A significant reason why a smart TV, or perhaps a new 65-inch 4K smart TV with HDR capability, can be purchased for about $500, is because some manufacturers are harvesting data from users.
To block certain gun sales, banks and credit card companies determined they'd need to require retailers to give even more information so they could see the difference between, say, someone buying a semiautomatic rifle and someone purchasing a vacuum cleaner.  Getting into the censorship business, as it turns out, takes a lot of Big Brother data.

## Propaganda/censorship/fake news/alternative facts ##
The revelation is not merely an embarrassment to some factions within the British intelligence community, but represents a glimpse into the inner workings of the propaganda machine that keeps the plutocratic class in control of the public.
Netflix and Hotstar will now be self-censoring some of their content in India
Don't think this concerns only people in Venezuela. When the SHTF, a city anywhere in the world will suddenly transform into a hornets' nest. -- RF
The Price of Empire
Why America and Britain Are Self-Destructing (And What the World Can Learn From it)


## China ##
Even if the second-largest economy resolves the current slowdown, it will remain mired in a debt-driven slump.
"Debt-driven slump"? Sounds just like some other countries I know. -- RF

## UK ##
Rising Credit-Card Use Shows Consumers Are Strapped
Americans are increasingly reaching for the plastic in their wallets to cover what their paychecks won't.
Has the Government Legalized Secret Defense Spending?
While a noisy Supreme Court fight captivated America last fall, an obscure federal accounting body quietly approved a system of classified money-moving


Thursday, January 17, 2019

 

News Links, January 18, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##

## Fault lines/flashpoints/powder kegs/military/war drums ##
America at War: Infographic Reveals How the U.S. Military Is Operating in 40% of the World's Nations
A Turkish 'Security Zone' In Northeast Syria Is A Bad Idea
Vietnam frustrated by slow pace of talks on South China Sea code of conduct
Bolsonaro loosens gun laws in Brazil, world murder capital
Hit by years of declining enrolment of Thai students, the institutions are scrambling to meet this recent surge in demand as Chinese students look for alternatives to Western schools.

## Migrants/refugees ##
Hundreds in new U.S.-bound migrant caravan cross into Guatemala

## Global unrest/mob rule/angry people/torches and pitchforks ##
France's Ghosts of '68: General Strike vs. Macron and the Technocrat Elites

## Energy/resources ##

## Got food? ##
From Baghdad to Finland and All Across the World: What's the US Up To?
Guarded warehouses near airport and mysterious cargo from Baghdad

## Propaganda/censorship/fake news/alternative facts ##
Roku reneges on offering Alex Jones' InfoWars channel, removes it amid backlash
Many boats likely from N Korea left neglected on Sea of Japan coast

## China ##
Chinese companies have their eyes on what used to be the US Navy's biggest base in the Pacific


Tuesday, January 15, 2019

 

News Links, January 16, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
China Trade Data is Nail in the Coffin of Global Economy
The Decline and Fall of the European Union
This exhaustion of the neocolonial-neofeudal model was inevitable, and as a result, so too is the decline and fall of the European integration/exploitation project.
Bank of China to enable payment in yuan on U.S. e-commerce platforms: Xinhua
Net energy decline! When the amount of energy available to a population rises, populations increase. When energy declines, populations fall. A substantial energy surplus is needed to raise young, especially in the case of humans living in modern energy-intensive societies. -- RF
This is not just an "Auto Recession" as Bloomberg labeled it. The global economy is slowing immensely and a global recession is at hand. The US will not be immune.

U.S. government shutdown holds up FAA approval of aircraft, routes

## Fault lines/flashpoints/powder kegs/military/war drums ##
NYT Laments U.S. Disengagement Even As There Is None
On its frontpage the New York Times delivers an utterly deranged 'News Analysis' of the possible end of the illegal occupation of east Syria by the United States military.
Getting ready for the energy/resource wars. -- RF
Western mercenaries ready for Syria; Russians already there
Speculation is rampant that US-based 'Dogs of War' may engage in Syria and Afghanistan, but Russian competitors are more flexible and aggressive.
Facing sanctions and international pressure, Venezuela is increasingly turning to Turkey as a partner in the Middle East. Ankara will provide a host of services to Caracas, including building hospital and schools and providing humanitarian aid as a part of the gold refining deal.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Anti-govt protests for 6th week against Serbian leader

## Energy/resources ##
I don't know why anyone would have overlooked air conditioning demand. With ever more humans demanding comfortable surroundings, that's going to increase even if there's no global warming. -- RF
But keep in mind that renewables are heavily subsidized by fossil fuels. -- RF

World's 2nd-deadliest Ebola outbreak reaches 600 confirmed cases
When medicine makes you sick: How tainted drugs can elude FDA inspections
The primary byproduct of desal is brine, which facilities pump back out to sea. The stuff sinks to the seafloor and wreaks havoc on ecosystems, cratering oxygen levels and spiking salt content.

## Intelligence/security/internet/cyberwar ##
AT&T Stops Selling Location Data Of Americans To Bounty Hunters
The Memo That Helped Kill a Half Million People in Syria
The memo shows the advice Hillary Clinton was getting to plunge the U.S. deeper into the Syrian war. As Trump seeks to extricate the U.S. the memo has again become relevant.

## Propaganda/censorship/fake news/alternative facts ##
The Twitter Smearing of Corbyn and Assange
Historian and U.K. analyst Mark Curtis checks out the Twitter accounts of journalists whose names have been associated with the Integrity Initiative, a British "counter disinformation" program.

## Systemic breakdown/collapse/unsustainability ##
What Happened in 2015 that Changed the World? Peak Civilization, Maybe?
Peak cement, peak diesel fuel, peak coal... oh my! -- RF
"It is definitely not good news for the market."
I'm ready for my free money. Please send immediately. -- RF


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