Sunday, December 08, 2019


News Links, December 9, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Globalization in a Sudden and Sharp Decline

## War on cash/cashless society/cryptocurrencies ##
China 'racing' to launch digital currency
Forkast.News says digital yuan will better monitor capital flows, see off Facebook's Libra and could help RMB break USD's global dominance

## Fault lines/flashpoints/powder kegs/military/war drums ##
Netanyahu, Pompeo Push Forward With US-Israel Defense Pact
The pact amounts to a more or less direct US intervention in Israeli politics, after two elections failed to end with a government formed.
Need I point out that Bezos has a considerable financial incentive for making this claim? -- RF
This has less to do with Trump, and more to do with the dynamics of change. All superpowers and empires inevitably decline, and lose their stature and influence. Nobody ever learns from history. -- RF

## Energy/resources ##
Cautious Canadian Oil Majors Forced To Cut Spending
Mekong River dying a slow but certain death
Massive new hydropower dams are parching the once mighty river's water levels to lowest in 60 years
Like waste-to-energy schemes, there's no future in anything that feeds off the detritus of industrial society. -- RF
Don't get exited. This plant makes things out of scrap steel. It doesn't smelt iron ore in a blast furnace. -- RF

## Environment/health ##
Himalayan glaciers that supply water to a billion people are melting fast
Vaping-illness cases still growing, now in all 50 states, CDC says
The Turow lignite coal mine in Poland is causing trouble for the environment and local communities - even in Germany and Czech Republic, whose border is just a short walk away.

## Intelligence/security/internet/cyberwar ##
Massive Leak Confirms Turkey's "Gold-For-Gas" Scheme To Evade US Sanctions On Iran
So, in conclusion, we now have two facts confirmed - trust no one and nothing; and gold is money.
Ukrainian neo-Nazis flock to the Hong Kong protest movement
Ukrainian fascists who previously fought in a US-backed neo-Nazi militia joined the anti-China protests in Hong Kong, sharing their tactics and showing off their tattoos.
This is part of the process in which China becomes dominant on its side of the world, while the US loses its foothold there. With globalization in decline (see "Globalization in a Sudden and Sharp Decline" in first category, above), the world is going to get bigger and more localized again. -- RF
US government drops case against Max Blumenthal after jailing journalist on false charges
As the mysterious disappearance of Secret Service records and complete absence of evidence supporting its case came to light, the US government dropped its bogus charges against journalist Max Blumenthal.

## Propaganda/censorship/fake news/alternative facts ##
Corporate media sing the same song on Hong Kong, presenting the situation in a lockstep single-mindedness that would impress any totalitarian propaganda system.
As The OPCW Is Accused Of False Reporting U.S. Propaganda Jumps To Its Help
Chinese state media 'terrorism' documentaries seek to justify Xinjiang crackdown after US vote on human rights bill

## Japan ##
One naturally wonders why Japan would need US approval. -- RF

Wanted: Chinese cadres to hold Beijing's line in Xinjiang as Han Chinese head for the exits
The measures targeting Muslim ethnic minorities in Xinjiang have triggered "widespread discontent among Han Chinese officials and citizens", a source close to the central government told the South China Morning Post.
Suppressing Dissent Guarantees Disorder and Collapse
The frantic efforts of an exploitive elite to eliminate dissent only accelerates the regime's path to collapse.
"Of course, being a vain person that's very important to me," Trump added. "It gives you an orange look. I don't want an orange look. Has anyone noticed that?"
Harvesting the Blood of America's Poor: The Latest Stage of Capitalism
Blood has become big business in the United States and there is no shortage of corporations ready to exploit America's most vulnerable populations in order to get a piece of the pie.
Kerry's Endorsement of Biden Fits: Two Deceptive Supporters of the Iraq War
The spectacle of Kerry praising Biden as a seasoned leader amounts to one supporter of the Iraq catastrophe attesting to the character and experience of another supporter of the same catastrophe.
[T]he Democrats, Republicans, and the ultra-wealthy are laughing all the way to the bank. And the vast majority of Americans have been sold into debt slavery.
Bombshell Report: The Fed Has Not Rejected One Bank Merger Application Out of 3800 Submitted in Past 11 Years

And finally...

Thursday, December 05, 2019


News Links, December 6, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
India's central bank is expected to cut rates but that may not be enough to spur growth
Gold has even outpaced the stock prices of many of the world's most popular tech investments like Netflix, Tesla, Amazon, etc.

## Airline death spiral ##
United orders 50 long-range Airbus jets to replace older Boeing planes

## Fault lines/flashpoints/powder kegs/military/war drums ##
Trump Mulls Turkey Sanctions As Senate Grows Impatient
Germans in favor of 'reducing reliance' on US
A new YouGov poll has found that a majority of Germans are in favor of reducing reliance on the US and increasing ties with Russia.
Turkey is taking a page from China's playbook. Making an outrageously huge claim is much more likely to increase your eventual winnings than by not doing so. -- RF

## Energy/resources ##

## Got food? ##

## Environment/health ##

## Intelligence/security/internet/cyberwar ##
Despite worldwide media coverage of their open letter, more than 80 medical doctors have received no response from the UK government.
Former Deutsche Bank Executive Who Oversaw Trump's Loans Dies by Suicide
Indians afraid to criticize govt: industrialist
Bajaj Group Chairman Rahul Bajaj says there is an atmosphere of fear in the country
The Angry Arab: U.S. Role in Lebanon's Crisis Goes Unrecognized
The bulk of Lebanon's corrupt ruling class are clients of the U.S. and Saudi Arabia, not Iran. But this fact is too inconvenient for Western media to point out.

## Propaganda/censorship/fake news/alternative facts ##
Twitter bans Project Veritas ads over old video exposing platform's shadow-banning

## Systemic breakdown/collapse/unsustainability ##
Catabolism: Capitalism's Frightening Future
Crunchtime: When Events Outrun Plan B
Costs Are Spiraling Out of Control
And how do we pay for these spiraling out of control costs? By borrowing more, of course.
What Worries me About "Hedonic Quality Adjustments"
An arcane device that impacts so much and papers over the struggles many Americans face in a world that is becoming increasingly unaffordable for them.

Tuesday, December 03, 2019


News Links, December 4, 2019

Trump Suddenly Has No Deadline, Talks Keep Dragin' On
Trump now says a trade deal with China might wait until after the election.
In the long run, trade routes everywhere are going to crash for want to affordable energy. -- RF
"For many Brazilians, this smells like revenge for their country's soybean farmers bonanza – they have benefited enormously from the U.S.-China trade war by replacing U.S. soybeans sales into China."

To be fair, it's certainly not the only thing killing the planet. -- RF

## Energy/resources ##
Conversation with petroleum expert Art Berman. This is what I've been saying over and over. The decline of net energy (i.e., the surplus energy left for the socioeconomic system after the energy supply system pays its costs) is why the system is grinding to a halt. -- RF
Russia's $400 Billion Pipeline Project Launches Today
The presidents of Russia and China will today officially inaugurate the Power of Siberia natural gas pipeline that will eventually deliver 38 billion cubic meters annually to China, with the full capacity to be reached some time in 2025.
Economists and climate change: Building castles in the sky
Even Shale Veterans Don't Buy The Bullish Production Forecasts
Unmitigated disaster for shareholders

## Environment/health ##
Scientists 'alarmed' to find 220 lbs. of plastic in dead whale's stomach
Study: Air pollution may increase glaucoma risk

## Intelligence/security/internet/cyberwar ##
Technocracy now: The US is working to turn Lebanon's anti-corruption protests against Hezbollah
While Lebanon's protests remain focused on the economy and widespread corruption, Washington is increasingly determined to exploit the movement as a geopolitical weapon in the region.
Eight of the 10 most surveilled cities in the analysis are in China. London ranked sixth with 627,707 cameras covering 9 million residents and Atlanta, Georgia, came 10th with 7,800 cameras for 501,178 people.
Ring Coyness About Adding Facial Recognition Tech To Its Cameras Doesn't Extend To Its Marketing Materials
Dress better, citizens. Otherwise, your image might be uploaded to Ring's snitch app, Neighbors, where local randos can collectively gin up fear and sic the cops on you.

## Japan ##
This is rank discrimination against people who use cash. -- RF
China to suspend US Navy visits to Hong Kong over new law
China said Monday it will suspend U.S. military ship and aircraft visits to Hong Kong and sanction several American pro-democracy and human rights groups in retaliation for the signing into law of legislation supporting anti-government protests in the semi-autonomous territory.

## UK ##
The husband of Anne Sacoolas is NOT a diplomat! -- RF
Builders are building cheaper homes because no one can afford anything else.
The GAO report to the Senate Armed Services Committee identified 102 bases vulnerable to "not having sufficient water available to meet their mission needs" for drinking, training, weapons testing, fire suppression and sanitation.
A nation that's no longer capable of naming names and reporting what actually happened richly deserves an economic and political collapse to match its moral collapse.
Off the radar: U.S. CEOs' jet perks add millions to corporate tax bills
As U.S. corporate jet use approaches pre-financial crisis levels and chief executives take an increasing number of personal trips on the company tab, many investors are being kept in the dark about the  true cost of the perk.
My bet is on the bad. -- RF

And finally...
That's not the only problem. Count how many times the all-purpose word "issue" is used in this article. -- RF

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