Friday, May 22, 2020

 

News Links, May 23, 2020

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
$Quadrillions will go up in smoke.
Argentina Braces for Ninth Default
Australia's Wesfarmers to shut or rebrand over 100 Target stores in virus slump
Renault could disappear and needs to be able to adapt: Le Maire
Digital Currencies Could Threaten US Geopolitical Power, Warns JPMorgan
Will private gold ownership be banned if inflation runs out of control?
Global Investors Demand Gold As Protection Against Financial Repression

## Cut, baby, cut! ##
Nissan considering 20,000 job cuts, mainly in Europe, developing nations: Kyodo
IBM cuts jobs in 5 states including California, New York

## Fault lines/flashpoints/powder kegs/military/war drums ##
'Major Milestone' As Allies Join SPACECOM's War Plan
European states vow to stay in Open Skies Treaty despite US exit
And the US is spending itself into oblivion. Lizard brains run the world, so don't expect any sane, sensible course of action from any government. -- RF
By "eminent pole reversal" the Fox News writer presumably meant "imminent pole reversal." No editors at Fox News? -- RF
• Coronavirus

## Intelligence/security/internet/cyberwar ##
Report: Mike Pompeo hosted taxpayer-funded 'Madison Dinners' with Republicans, Fox hosts
How South Korea turned an urban planning system into a virus tracking database
When a man in Seoul tested positive for the new coronavirus in May, South Korean authorities were able to confirm his wide-ranging movements in and outside the city in minutes, including five bars and clubs he visited on a recent night out.

## Propaganda/censorship/fake news/alternative facts ##
Gaslighting of the American Public on Pensacola Terrorist Attack Continues

## Systemic breakdown/collapse/unsustainability ##
Opting Out, American Style
Opting out will increasingly be the best (or only) choice for tens of millions of people globally. Opting out means leaving the complicated, costly and now unaffordable / unbearable life you've been living for a new way of life that is radically less complex, less costly and less deranging.
That's pretty rich coming from the UK, which refuses to return the Chagos Islands to Mauritius. -- RF
Renewable energy may be switched off as demand plummets
National Grid may ask suppliers to stop generating electricity due to record low consumption
Week 9 of the Collapse of the U.S. Labor Market: Still Getting Worse at a Gut-Wrenching Pace
Federal Pandemic Unemployment Assistance (PUA) for gig workers doubles initial claims under state programs. Here are the "Insured Unemployment Rates" for each of the 50 states & DC.
The coronavirus is crushing bankrupt retailers' hopes for a rebound – and threatening even more jobs
• Coronavirus
If only China hadn't prevented Trump from taking action sooner! -- RF




<< Home

This page is powered by Blogger. Isn't yours?