Thursday, August 29, 2019

 

News Links, August 30, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
U.S. 10-year TIPS yields fall deeper into negative territory

## Airline death spiral ##
American Airlines is calling travelers to apologize for travel disruptions

## Fault lines/flashpoints/powder kegs/military/war drums ##
Putin Shows Off Su-57 Stealth Fighter After Turkey Barred from Buying F-35
• War on Iran
With Few Members, US Launches Anti-Iran Maritime Force
A month of recruitment netted three other participants
• War on Venezuela
Ethanol does nothing but support corn farmers and raise the GDP by shoving piles of money around. Remember: The test of any fuel is whether it can run the operation that produces it, and still have plenty of energy left over to run the economy. This also holds for biofuel made from soybeans: The minuscule energy yield would never be enough even to run the machinery and facilities used to produce the fuel, let alone power industrial society. To put this in perspective, fossil fuels build the machinery, trucks, and facilities (pipelines, railways, tankers, drilling rigs, refineries, etc.) needed to run the energy system; they provide the energy to power them all; and still have a huge energy surplus to run a global civilization of unprecedented scale. By comparison, pissant biofuels are junk energy. (P.S. I am not promoting fossil fuels. The comparison is meant to illustrate the difference in energy density between fossil fuels and renewables.) -- RF
All that talk about humanity "needing" to get off a planet that we were literally designed to live on makes it sound as though we could live anywhere. There's only one Earth, baby. -- RF
I don't doubt it. But it just goes to show that the Earth has far too many humans. -- RF
Why the Amazon doesn't really produce 20% of the world's oxygen
Of the many important reasons to worry about the thousands of fires raging in the world's largest rainforest, oxygen supply is not one of them.
No One Knows How Many of the World's Skin-Lightening Creams Are Tainted With Mercury
Tests keep turning up the toxic element, even in products the manufacturers claim are safe.
Who would have thought? -- RF
More Force Won't Fix the American Diet

## Intelligence/security/internet/cyberwar ##
The Media's Russian Radiation Story Implodes Upon Scrutiny (Scott Ritter)
What really happened at Nenoska was less explosive than everyone, including Trump, wanted you to believe.
In Search of a Russiagate Scalp: The Entrapment of Maria Butina
In need of a "collusion" connection, top FBI officials have now been shown  to be behind the false portrayal of an unregistered agent as a spy.
Smart Speakers That Listen When They Shouldn't
Researchers at Northeastern University say the Amazon Echo may respond to dialogue other than its wake word
The Real Big Brother
It's a billionaire's world and the biggest of them all is in the thick of it.
If the situation were the other way around, it would be condemned as "meddling in US affairs." -- RF

## Systemic breakdown/collapse/unsustainability ##
Severe overcrowding drives homeless spike (Australia)
U.S. to states: School lunch changes none of your business
As schools begin reopening their doors to children nationwide, the U.S. government has told a federal judge that states have no power to sue over new rules they say make school meals less healthy [sic].

## Japan ##
The Next Recession Will Destroy Millennials
Millennials are already in debt and without savings. After the next downturn, they'll be in even bigger trouble.
Americans, in general, have come to believe they are "entitled" to a certain type of house, car, and general lifestyle which includes NOT just the basic necessities of living such as food, running water, and electricity, but also the latest mobile phone, computer, and high-speed internet connection.
Why is SpaceX allowed to put the public and their property in such danger? -- RF
The reason? His online friends were critical of the U.S., he was told.


Tuesday, August 27, 2019

 

News Links, August 28, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Singapore braces for challenges in the job market
World Trade Skids for First Time Since Financial Crisis
Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war.
Lenders Fear Ascena with 3,519 Stores May File for Bankruptcy: Source
Cash running low. Brick & mortar meltdown for landlords. Shares annihilated.

## War on cash/cashless society/cryptocurrencies ##
In high-tech Japan, cash is still king
Air India Is Unable To Refuel At 6 Indian Airports
After having not paid their fuel bills for nearly a year, Air India is now unable to refuel aircraft at six Indian airports.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Japan calls South Korea's Takeshima military exercises 'unacceptable' as ties continue to sour
Donald Trump's dance of defeat
China has already won the critical engagement in the conflict between Washington and Beijing
Israel's Ban on Rashida Tlaib and Ilhan Omar Backfires
Trump and Netanyahu thought they were pulling a fast one on two U.S. congresswomen, but it has blown up in their faces.
• War on Venezuela
• War on Iran

## Global unrest/mob rule/angry people/torches and pitchforks ##
Hong Kong protestors are attacking smart lampposts
The day will come when people will opt for food over electrons. We can only hope that these installations will be built so that they can be easily removed without the use of heavy machinery. -- RF
The prospect of millions of EVs hitting the roads as governments gradually ban new diesel and gasoline cars is seen as a major challenge for power companies, especially in Germany which is switching from nuclear and coal to less predictable sources of energy such as wind and solar.

Climate change czars coming to more U.S. states
At least six U.S. states named climate change czars or chief executives over the past year, signalling a new level of concern in the nation.
Vaping may cause the same lung damage as smoking
Microplastics in rain, snow, drinking water heighten concerns
Glut of global plastic trash leads to microscopic particles in foods, beer, salt, studies show.

## Intelligence/security/internet/cyberwar ##
Behind Islamophobia Is a Global Movement of Anti-Semites
The world's Jewish and Muslim communities are both in the firing line of far-right groups forged in the historic bowels of Nazism.
Good luck with that. -- RF
• War on Julian Assange
Breaking The Media Blackout on the Imprisonment of Julian Assange
The same media that has spent years dragging Assange's name through the mud is now engaging in a blackout on his treatment. If you are waiting for corporate media pundits to defend freedom of the press, you're going to be disappointed.

## Systemic breakdown/collapse/unsustainability ##
Homelessness in the Netherlands has more than doubled since 2009

Keeping industrial states running will get increasingly expensive. -- RF
Woodford's Shuttered Fund Crushed Further by Plunging Stocks in its Holdings, such as Muddy-Waters Target Burford Capital
Hedge funds have field day front-running the liquidation. 300,000 investors left twisting in the wind.
Cuadrilla reports another tremor near fracking site in north England
British shale gas exploration firm Cuadrilla said another earth tremor occurred on Monday near its fracking site in northwest England, bigger than a 2011 quake which suspended operations at the site for seven years.

## US ##
But the article makes it clear that the system is actually American-style. -- RF
Taking care of rich people is America's hot new gig. Here are the states benefiting from the job boom.
Service jobs for the wealthy stem, at least in part, from the growing gap between the rich and poor.
Neofeudalism rising! Serfs get peanuts in service to the new aristocracy. -- RF
American Apocalypse (John Whitehead)
Trump and Greenland: America keeps looking for the next frontier
3 dead, 4 wounded in New Mexico shooting
Marianne Williamson to create 'Department of Peace' if elected
Better than a department of war, but this just increases both complexity and budget requirements, thereby hastening the process of collapse. -- RF


Sunday, August 25, 2019

 

News Links, August 26, 2019

Negative Yield Curves to Infinity
The entire German yield curve is negative for 30 years. Japan is poised to join the club.
Fed Vice Chair Clarida says the global economic outlook has worsened since July meeting
World needs to end risky reliance on U.S. dollar: BoE's Carney
Bank of England Governor Mark Carney took aim at the U.S. dollar's "destabilizing" role in the world economy on Friday and said central banks might need to join together to create their own replacement reserve currency.


## War on cash/cashless society/cryptocurrencies ##
Authorities Bust Illegal Crypto-Mining Lab In Nuclear Power Plant (Ukraine)

## Airline death spiral ##
Hawaiian Airlines flight makes emergency landing; 7 injured
Smoke filled the cargo hold and cabin of Hawaiian Airlines flight HA47 to Honolulu, forcing the plane to make an emergency landing, the company said.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Yemen: Coalition Warships Attack Fishing Boats
Trump Threatens to 'Release' ISIS Fighters into France, Germany
With a bizarre threat to "release" terrorists into France and Germany, President Trump is pressing America's European allies to bring home and put on trial their citizens captured while fighting for ISIS in Iraq and Syria.
• War on Iran
• War on Venezuela

Johnson warns against Channel crossings after dozens intercepted (UK)
People arriving illegally will be sent back to France, says prime minister

## Global unrest/mob rule/angry people/torches and pitchforks ##
Australia's military flex masks a deeper insecurity
Australia's decision to join US naval patrols in the Strait of Hormuz won't readily resolve its perilous fuel security situation
Only the total crash of industrial civilization will stop the flood. -- RF
Climate change to bring 'extreme' heat to Mecca
Scientists warn the annual Muslim Hajj will be severely impacted by global warming, putting elderly pilgrims in danger

## Intelligence/security/internet/cyberwar ##

## Propaganda/censorship/fake news/alternative facts ##
Google disables 210 YouTube accounts linked to misinformation about Hong Kong protests

## Systemic breakdown/collapse/unsustainability ##
Is the U.S. Becoming a Third World Nation?
• War on Huawei
The New American Homeless
Housing insecurity in the nation's richest cities is far worse than government statistics claim.
This, and the statements by Trump, demonstrate appalling hubris. When the global economy crashes (a process already underway), there will be a long way to fall and a lot of very shocked people. -- RF


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