Tuesday, July 30, 2019


News Links, July 31, 2019

The Shadow Bosses of the Gig Economy
DoorDash took a page from traditional restaurant managers: it stole workers' tips. But even as it reversed course under public pressure, the delivery platform highlighted the exploitation at the core of capitalist employment.

## War on cash/cashless society/cryptocurrencies ##
From Belarus to Bahrain, the small states going big on cryptocurrency
Do airplane contrails add to climate change? Yes, and the problem is about to get worse.
New research suggests the global warming effect will triple by 2050 as air travel increases.

## Fault lines/flashpoints/powder kegs/military/war drums ##
How Joe Biden's privatization plans helped doom Latin America and fuel the migration crisis
In case you were wondering where those "sh*thole countries" came from. -- RF
Over 40,000 jobs in key states! -- RF

• War on Iran

## Global unrest/mob rule/angry people/torches and pitchforks ##
Deadly unrest in Latin America's prisons
But here's the most sobering part: Earth Overshoot Day is probably a vast underestimation of the actual level of unsustainable planetary wreckage, and the scientists behind the numbers are the first to admit it.
The bottom line is that there will be no air conditioning in the post-crash world. -- RF
Nuclear energy is a huge economic loss-maker, no matter how and where you look.
Depend on this for your food and starve. -- RF
Too many humans. -- RF
A vial of insulin which Type 1 diabetics use to regulate their blood sugar costs about US $340 in the United States -- roughly 10 times the Canadian price.
All I can say is, we certainly could use some global cooling. -- RF

## Intelligence/security/internet/cyberwar ##
WSJ Corrects Report Claiming North Korea Built More Nukes
Capital One announced Monday that a data breach exposed more than 100 million credit card applications as well as thousands of Social Security and bank account numbers.

• War on Julian Assange

## Propaganda/censorship/fake news/alternative facts ##
No, Israel Did Not Attack Iranian Targets In Iraq

## Systemic breakdown/collapse/unsustainability ##
The scariest thing about climate change is what it will make us do to each other.
Why Is What Was Once Affordable to Many Now Only Affordable to the Wealthy?
The limits to French grandeur in the Indo-Pacific
Emmanuel Macron wants to restore France to be a great power but despite a regional footprint his dreams may be fleeting.
Main Street Small Business on the Precipice
Small businesses on the precipice need only one small shove to go over the edge, and there won't be replacements filling the fast-multiplying empty storefronts.

• War on Huawei

## UK ##

## US ##
U.S. companies are on pace to break another record for share repurchases in 2019, using a combination of cash and debt to push the total to close to $1 trillion.

Sunday, July 28, 2019


News Links, July 29, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Stick a fork in it: Realizing the Full Implications of the Forthcoming Catastrophe
25% of bonds in the world make lenders pay for the privilege of owning them, chart shows
Some $13 trillion of the world's government bonds bear negative yields

With global passenger numbers forecast to almost double to 7.8 billion by 2036, runways, airports and even airspace could rapidly become too crowded to cope. In Asia, which will contribute more than half of the extra flyers, many terminals are already full to bursting.
Air Traffic Control Issue Disrupts Thousands Of Passengers At London Airports
The UK's busiest airports are in chaos today as a technical issue affecting air traffic control is causing major delays. This comes a day after extremes of temperature and evening thunderstorms caused problems with planes and trains, only exacerbating the impact of today's incident.
In 2018 there were at least 117 close calls between drones and planes in the UK

## Fault lines/flashpoints/powder kegs/military/war drums ##
What we are seeing from the UK is old fashioned Imperialism... The hypocrisy of arresting the Iranian ship and then threatening war when Iran commits precisely the same illegal act in retaliation is absolutely sickening.
There Are Now 2,500 US Marines in Australia After Years of Buildup
Russian navy orders additional two Yasen-M submarines
Instead of seven, a total of nine of the most advanced nuclear-powered multi-purpose submarine of the 4th generation will sail with the Northern- and Pacific fleets by 2028.
Turkey Is Cozying Up To China After F-35 Expulsion, Israelis Warn
As US Beefs Up Military Presence in the Gulf, Yemen's Houthis Turn to Russia for Support
Houthi attempts to engage the UN to broker a peaceful solution to the war on Yemen have stalled. Now, out of options, the movement may have found a willing partner in Moscow.
The 50 most dangerous cities in the world

• War on Iran
Long read, but very revealing. The bottom line is that all weapons — including naval vessels — keep getting more expensive. The US and UK fleets are never going to recover their former globe-straddling sizes. And the Iranians know it. -- RF
China says all parties at Vienna nuclear meeting aim to safeguard nuclear deal
All parties to the 2015 nuclear deal with Iran want to safeguard the accord and strongly oppose Washington's decision to unilaterally re-impose sanctions on Tehran, the head of the Chinese delegation said after a meeting of the pact members.

• War on Venezuela

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

## Got food? ##
Tunnel collapse on Wyoming-Nebraska border threatens crops
Officials in Nebraska and Wyoming were scrambling Thursday to respond to an irrigation tunnel collapse that cut off water to more than 100,000 acres of farmland in both states during one of the hottest and driest times of year, a major threat to the region's economy.
But biopharma companies will be big winners! -- RF
Poland needs to save water for (non-)rainy day
With his two fishing rods planted firmly on the bank of the Vistula river, 85-year-old Tadeusz Norberciak peers at rocks  exposed on the dry riverbed, a telling sign of Poland's looming water crisis.
A consequence of the more-humans, more-growth mindset. -- RF
America is doing a better job of camouflaging its surveillance state so it can go on pretending to be the land of the free.
Another chapter in the Chinafication of the US. -- RF
A creeping surveillance net over India
Government surveillance measures and laws lack protection for citizens' rights

## Propaganda/censorship/fake news/alternative facts ##
How To Inoculate Yourself From Establishment Bullsh*t

## Systemic breakdown/collapse/unsustainability ##
Once "Prosperity" Falters, the Legitimacy of the Status Quo Evaporates
All we're doing is waiting for the fake "prosperity" to crumble, and the resulting loss of credibility and legitimacy will follow like night follows day.

## Japan ##

• War on Huawei

House Passes Two-Year Budget Agreement, Authorizes More Debt
$1.48 trillion increases military spending beyond House NDAA
Once Again, Uncle Sam Shirks Fiscal Responsibility in Budget Deal
Trump's 2018 commitment that he would never sign a massive spending deal ever again was fake news.

Thursday, July 25, 2019


News Links, July 26, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Show me a government which does not massage its data. -- RF
Spend all you want. Singapore is living on borrowed time. -- RF

## Cut, baby, cut! ##
Akebono Brake to cut 3,000 jobs
Struggling auto parts maker Akebono Brake Industry Co. plans to cut about 3,000 jobs worldwide, or 30 percent of its total workforce, according to informed sources.

## War on cash/cashless society/cryptocurrencies ##
Facebook Is Already Dealing With Scams For Its Own Cryptocurrency

## Fault lines/flashpoints/powder kegs/military/war drums ##
Turkey Hints at Cutting Off Access to Incirlik if US Is 'Hostile' over S-400 Purchase

• War on Iran
Iran runs rings around Royal Navy
Drone footage of seizure of Stena Impero brings into sharp focus UK's struggle to project power in foreign seas

• War on Venezuela

## Global unrest/mob rule/angry people/torches and pitchforks ##
'The Rock' joins Hawaiian protesters in demonstration against massive telescope

## Energy/resources ##
Job Losses Hit As Shale Slows Down
There are some interesting points here, but as with nearly all such pieces, it never mentions the primary driver behind the litany of problems: the rising cost of energy. -- RF

## Environment/health ##

## Propaganda/censorship/fake news/alternative facts ##
It's Not Just the News That's Fake--Everything's Fake
That we fall for the fakes and cons is understandable, given that's all we have left in the public sphere.

## Systemic breakdown/collapse/unsustainability ##
Green New Deal IV - Any Other Paths?
Remember: At that SHTF moment, billions get their death sentences. Actually, it wouldn't have to be that bad if energy descent were handled wisely and fairly. But don't count on world leaders to do anything rational or moral. -- RF
Entertainment City: Saudi Arabia's Next Move To Diversify From Oil
Saudi Arabia is talking to investors from the Middle East and the rest of the world to join fund the development of a mega city of entertainment and sports, as part of the Kingdom's strategy to diversify its economy away from oil.
All six reactors, including four that are currently being decommissioned, will be dismantled in a process that will take decades.
The economy will collapse well before this task can be completed. Even if all nuclear weapons can be secured post-SHTF (which I strongly doubt), life on the planet will be under siege from out-of-control nuclear power plants, spent-fuel pools, stolen nuclear materials and waste, and nuclear waste dumps. There is virtually nowhere to hide. -- RF

## China ##
'Hidden debts' reveal risks of China's lending spree
Dangers of BRI project and other foreign funding programs are highlighted in a comprehensive report
Are China's social ills from four decades of rapid economic growth approaching a tipping point?
Experts warn that problems created by rapid economic expansion may have reached dangerous levels, threatening stability
China is wise to boost its gold reserves as a weaker US dollar looms and currency wars beckon
China's central bank is piling into gold, the traditional safe haven, as bond yields go negative and the US considers ditching its 'strong dollar' mantra, potentially igniting currency wars

## UK ##
Climate protesters try to block Johnson as he goes to palace

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