Sunday, November 10, 2019


News Links, November 11, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Germany's economic pain is here to stay
Billionaires' wealth falls for the first time in a decade
## Airline death spiral ##
German Airline Lufthansa Grounds 1,300 Flights As Flight Attendants Strike
Indonesia's Director General of Civil Aviation Polana Pramesti said on Friday there were no plans for the country's aviation regulator to expand the inspections beyond the FAA directive.
Everything's gonna be all right. -- RF
"Telegraphing to the world that your only interest in the Middle East is protecting oil is bulletin-board recruiting material for the groups that we are trying to hurt, that we are trying to counteract."
Bolivia's beleaguered President Morales announces resignation
Trend in gang crime bombings rock Sweden
Sweden, often held up as a safe and peaceful utopia, has experienced an unprecedented wave of bombings this year as criminal gangs increasingly use explosives to settle scores.

## Energy/resources ##
Gravity energy storage
Harvesting Human Electricity Gains Commercial Traction
But it won't save industrial civilization. -- RF

## Got food? ##
2019 a 'disastrous' year for crop farmers in Alberta
'Alberta farmers will be relieved when the harvest from hell is behind them'
'A struggle right from the start'
From one side of the Prairies to the other, good harvest weather has been in short supply this year.

## Intelligence/security/internet/cyberwar ##
"Julian may die in jail over a nine-year persecution for revealing the truth of war crimes. It is beyond obscene."
Japan, China, Taiwan and other economies agreed this summer to set a ceiling on Pacific saury catches in the North Pacific starting next year. It's the first cap aimed at protecting dwindling stocks of the fish.

## US ##
And finally...

Thursday, November 07, 2019


News Links, November 8, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
The demographic situation the world faces is unprecedented and unparalleled in modern history.  All the deaths of the past few centuries warfare were blips on the radar compared to what is taking place now.  Given the infinite growth economic model, the situation is beyond repair and no repair will be attempted.
European Commission Warns Of Dire Future Unless Germany Issues Much More Debt
The Recession In The Auto Industry Is Tanking The Global Economy
Uber Loses Another $1.2 billion, Stock Dives Again
Burning cash is easy; It's quite flammable and just goes up in smoke.
Europe's banks must brace for coming digital storm: ECB's Schnabel
Remember: Failure of the financial system is far and away the most likely trigger of collapse. -- RF

## Fault lines/flashpoints/powder kegs/military/war drums ##
Nuclear Superpowers Unleashed: New START & Open Skies Pacts With Russia Fast Collapsing
Trump OKs wider Syria oil mission, raising legal questions
I don't understand how Syrian forces can "threaten" their own oil. -- RF
Our conclusion is that, by far, we believe the easiest way to lose nearly all of your money is IPOs, and the more exciting the IPO, the more the catastrophic the base rates.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Lebanon protests: Students hold walkout, World Bank offers support

Another Canadian Oil & Gas Producer Bites The Dust
Calgary-based Houston Oil & Gas Ltd has become the latest victim of the struggling oil and gas sector in Canada, ceasing operations as lower oil and natural gas prices and an investor exodus continues to weaken Alberta's energy sector.
"I don't think OPEC has to worry that much more about U.S. shale growth long-term."
It is just as I said on November 1: "Producers with good conventional oil need only relax and wait for shale to die of its own accord." -- RF
More ludicrous logic. All NPPs are ticking time bombs, i.e., future Chernobyls and Fukushimas. Do you really believe that power grids will never fail and that diesel fuel deliveries will always be on time? -- RF

A new study using brain scans showed that the white matter in the brains of children who spent hours in front of screens wasn't developing as fast as it was in the brains of kids who didn't.
Planting trees and shrubs around factories and power plants may be a better air pollution mitigation strategy than installing scrubbing technologies, according to a new study.
This is a complex problem with no easy solution. There are surely elites who want to quickly reduce the human population, and through nefarious means such as biowarfare. Unfortunately, even if these people do not succeed, failure of the global financial system and net energy decline will inevitably trigger a collapse that achieves the same end. Victims can thank the world's greedy, corrupt, myopic, and inept leadership for this. Billions of innocent people will die because of this leadership failure, so our immediate focus should be on saving as many of them as possible. On the other hand, we need to realize that a planet inhabited by nothing but humans and their domestic animals is not only undesirable, but also impossible. Other species are literally being pushed off the planet by the great human land grab. Our leaders tell us that we need more workers, more taxpayers, more consumers, and more people to pay into ponzi pension systems. Obviously, many of these people believe that the more humans, the better, but that's the mentality that helped lead us to this situation in the first place. And BTW, because most leaders subscribe to this mentality, it means that elites who favor exterminating most of the human population are a very small minority. -- RF

## Propaganda/censorship/fake news/alternative facts ##
9/11 museum details hunt for bin Laden in new exhibit
When cops submit DNA seeking matches, they don't always identify themselves as law enforcement officers. Faux accounts are being used to gather matches with DNA services (and their users) unaware of the government's intrusion.

Tuesday, November 05, 2019


News Links, November 6, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
India says no to joining huge Asia Pacific trade pact
Gold Price Steady as 4/5th of Major Bonds Offer Negative Real Yield
Trade war losses for the US and China grow into the tens of billions of dollars
Our Currency, Your Problem
Nigeria's Lost Generation In The Global Economy
Struggling Norwegian Air raises $272 million from share sale, bond issue

## Fault lines/flashpoints/powder kegs/military/war drums ##
Beijing 'ready to work' with ASEAN countries on South China Sea code of conduct

## Global unrest/mob rule/angry people/torches and pitchforks ##
Thousands protest in Lebanon after rally to support president

## Energy/resources ##
Not all oil is created equal, and here's a good indication of that. Production costs keep rising, while the prices of petroleum products are suppressed to levels that are affordable to consumers. Guess what happens next. -- RF
Russia finds market for its vast reserves of Arctic coal
Just wait until the food shortages start. -- RF

## Solutions ##
Enough is Plenty

## Environment/health ##
Trump now has opening to pull US out of Paris climate pact
11K scientists declare climate emergency in new paper
More than 11,000 scientists from 153 countries endorsed a new paper offering six areas of action for climate change mitigation based on analysis of 40 years of data.
Experts said breathing the air in New Delhi is equal to smoking 50 cigarettes a day.

## Intelligence/security/internet/cyberwar ##
Internet access cut off in much of Iraq: NetBlocks
US opens security probe of TikTok: report
The report, citing anonymous sources, said that the review by an intergovernmental panel might be looking into whether the app, popular for its music videos, was sending data to China.
Articles on the Iran hostage crisis typically fail to admit the ultimate cause, which can be found in the 1953 oil grab. -- RF
Christian Tourism to Israel: Buyer Beware
Ignorance in general, and ignorance of the Palestinian situation in particular, can be easily be exploited to the benefit of racism and oppression.

## Propaganda/censorship/fake news/alternative facts ##
The problem here is the failure to see that the industrial system can't fix itself. Governments should be engineering a graceful decline leading to societies that run at a much lower energy level. Instead, everyone is trying to sustain the unsustainable. -- RF
Good luck with that. -- RF
Nowhere to hide: Has China won the stealth war?
Military analysts clash over claims by China that it can now track US stealth aircraft with meter wave radar technology
US workers have endured four consecutive decades of declining job quality.
Schumer proposes $100B tech 'moon shot' versus China
With an eye on China, the U.S. Senate's top Democrat is floating plans for a new, deep-pocketed agency to invest $100 billion into cutting-edge technologies like artificial intelligence, quantum computing, robotics and fifth-generation networking known as 5G.

Sunday, November 03, 2019


News Links, November 4, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Global Slowdown? Mexico's GDP Declines Year-Over-Year for First Time Since 2009
The Plunge In Global Shipping Container Rates Means The Economic Rebound Will Have To Wait 
U.S. Barely Cleanest Dirty Shirt Among Manufacturing Giants
US & China come up with conflicting data, Germany in crisis, Japan has "excessive" downside risks, South Korea faces "headwinds from all sides."

## Airline death spiral ##
Tensions are toughening in transatlantic trade
WTO clearance of US tariffs for EU aviation subsides ignites a vicious circle
Aviation has its days counted
Diego Pedraza Lahoz, activist at campaign group Stay Grounded, explains the environmental and social arguments for the degrowth of the aviation industry.
28,000 American Flight Attendants Refuse To Work On Boeing 737 Max Planes

## Fault lines/flashpoints/powder kegs/military/war drums ##
Rebuilding Syria – without Syria's oil

## Global unrest/mob rule/angry people/torches and pitchforks ##
Australia PM vows to outlaw 'apocalyptic' climate activism
Australia's pro-coal government threatened harsh new penalties against "apocalyptic" activism Friday as a global wave of climate protests has become increasingly disruptive for the country's lucrative mining industry.
Remember the three energy system requirements. Ethanol is worthless! -- RF

## Got food? ##
Farm bankruptcies continue rising, new data show
Bolsonaro cancels government subscription to Brazil's main newspaper
Brazilian President Jair Bolsonaro's government canceled its subscriptions to one of the country's main newspapers in the latest episode of his openly hostile relationship with his country's major media outlets.
America's Military Is Misdirected, Not Underfunded
U.S. strategy should be more focused on preventing conflict with nuclear-armed China than on spinning out elaborate war-fighting scenarios.

## Systemic breakdown/collapse/unsustainability ##
Energy And Agriculture Are Heading Offshore
It just shows that there are too many humans consuming too much stuff, and taking up too much space. And the offshore stuff is unsustainable. There's no future in this. -- RF
You won't find a word about net energy decline, but that is the major force at work here. -- RF
U.S. hospitals, FDA grapple with shortages of lifesaving drugs
"I never thought we would get to a point ... where we wouldn't have essential medicines," said a doctor at Massachusetts General Hospital.
A completely wrong-headed assessment from Forbes. We get the conventional arguments about not having enough workers, babies, taxpayers, mindless consumers, and people paying into pension systems, but there's not a word about how net energy decline inexorably drags economies down. Migrants and immigrants aren't the answer because increasing the number of humans just decreases the per capita amount of net energy available. In Japan and everywhere else, immigrants, migrants, and foreign workers will — even if welcomed at first — eventually become targets as national economies everywhere continue to tank and the recent arrivals get blamed for problems. -- RF
IOC Tokyo Olympic marathon edict should give pause to other cities
Tokyo must be having some serious second-thoughts about taking on the Olympic Games.
Chumps: China Is Playing Trump and His Trade Team
If we put ourselves in the shoes of the Chinese negotiators, we realize there's no need to sign a deal at all.
Trump can be beaten by good policies. Instead of offering any the Democrats try to defeat him with theater.

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