Sunday, March 22, 2020

 

News Links, March 23, 2020

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Triggering a Global Financial Crisis: COVID-19 as the Last Straw
'Unrecognizable': Experts warn of historic collapse in economic activity
Brazil cuts growth, sees coronavirus quickly ravaging health system
Net energy decline has already killed retirement. In this case the coronavirus is just an extra dollop. -- RF

Airlines appear to come up short in bid to win cash grants in rescue package
A last-ditch effort by the chief executives of major U.S. airlines to try to win cash grants to weather the coronavirus crisis looked to be unsuccessful, four congressional aides and airline officials said late Saturday.
Airlines tell Congress they need cash coronavirus aid or thousands will be furloughed

## Fault lines/flashpoints/powder kegs/military/war drums ##
US Commandos Deployed to 141 Countries
They made their way to 72 percent of the nations on this planet, Nick Turse reports. And criminal misconduct followed.
US Warns Iran: Coronavirus Won't Save You From Sanctions
Pompeo falsely denies humanitarian aid is restricted by US sanctions
From Cluster Bombs to Toxic Waste: Saudi Arabia is Creating the Next Fallujah in Yemen
From dumping toxic waste into the sea to littering Yemen's farms with tons of unexploded cluster bombs, Saudi Arabia is creating a legacy so toxic in Yemen that experts believe it could take a century to undo.
Will coronavirus slow the world's conflicts -- or intensify them?
'Chernobyl moment' or Chinese ascendancy?
While some see the US emerging stronger in the pandemic's aftermath, others see Asia rising in its wake

## Migrants/refugees ##
U.S. to swiftly remove migrants caught crossing borders illegally to limit spread of coronavirus
Although my heart goes out to plant employees who may lose their jobs, the shuttering of ethanol plants is no loss because the energy return on ethanol is far too low to be of any use in supporting industrial society. -- RF
The fact that the shale industry finds itself in such a massive bind, facing an existential crisis and pleading with the state to impose regulation, is a perfect capstone to a decade of unprofitable drilling.
Covid-19 could cause staff shortages in the nuclear power industry


## Solutions ##
The Covid-19 Economic Crisis Will Change Everything: Short Term and Long Term Effects

## Environment/health ##
Study: Seeding atmosphere with sulfur dioxide may reduce global warming
• Coronavirus
Coronavirus: 'strange pneumonia' seen in Lombardy in November, leading Italian doctor says
Virus was circulating 'before we were aware of the outbreak in China', says Giuseppe Remuzzi, director of the Mario Negri Institute for Pharmacological Research
'Sacred ignorance': Covid-19 reveals Iran split
The pandemic highlights Islamic republic's religious fringe, who are bent on defying Health Ministry guidance
This undue and damaging influence by religious fanatics reminds me of another country. -- RF
COVID-19: Recovered patients have partially reduced lung function
Chinese researchers have found fluid- or debris-filled sacs in the lungs of those who were infected by COVID-19. Scans suggest sustained organ damage.
Hottest Battlegrounds in the CoronaWar: Is "Social Distancing" Kicking In?
Clues about when the disease may overwhelm hospitals are valuable. Without such forecasts, local exponential growth gives hospitals only a few days advance warning.

## Propaganda/censorship/fake news/alternative facts ##
Examine Your Own Cultural Practices, Senator Cornyn

## Systemic breakdown/collapse/unsustainability ##
Americans are heading into Mexico to buy toilet paper
Americans are going over the Mexican border in search of toilet paper and other household goods that are in short supply in the U.S., according to WKBN 27 News. They're also going to Mexico for water.

## Japan ##
Japan urges against nonessential travel to US
Japan has issued a travel warning for its nationals, urging not to make unessential trips to the United States because of the rapidly expanding coronavirus outbreak in that country, the foreign ministry said in a statement.
Coronavirus infections keep going up in Japan

## China ##
As China's Economic Slowdown Bites, Workers Are Feeling the Pain
Employers are cutting staff and slashing salaries and benefits amid the COVID-19 pandemic. And workers locked down in Hubei province are the most vulnerable.
Chinese Scientists One Step Closer to 'Universal Blood Cells'
Chinese naval planes conduct anti-submarine drills in South China Sea

## UK ##

## US ##
US Debt To GDP Will Hit New All-Time High In 2020
The US is going bankrupt in half measures but double time. Global depression is now unavoidable and imminent.
Unemployment funds were in trouble before coronavirus. Now claims are sky high.
Many states are at risk of burning through unemployment savings and relying on a federal bailout to give laid-off and quarantined workers benefits.
What the Coronavirus Says about Us
Trump's message to governors on lifesaving medical equipment — "get it yourselves" — is grimly appropriate in a country without national health care.
Desperate times bring out the best in good people, and the worst in bad people. -- RF
DOJ Using Coronavirus Crisis to Push for Expansive Emergency Powers
The Department of Justice is using the coronavirus outbreak to ask Congress for sweeping emergency powers including suspending habeas corpus during an emergency, a power grab that was denounced by civil liberties advocates.
Hobbled IRS tax agency may need months to put cash into Americans' hands
In order to put recession-fighting checks into the hands of millions of Americans, President Donald Trump will rely on a tax agency that has fewer workers, a smaller budget, and the same 1960s-era computer systems it had the last time it was asked to do so.
Underlining the dangers of a society which depends on trucks to deliver goods, especially over long distances. -- RF
• Coronavirus




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