Tuesday, May 30, 2017


News Links, May 31, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Luxury market pins hopes on millennials as industry posts first year of decline since 2009
How Debt-Asset Bubbles Implode: The Supernova Model of Financial Collapse
When debt-asset bubbles expand at rates far above the expansion of earnings and real-world productive wealth, their collapse is inevitable. The Supernova model of financial collapse is one way to understand this.
Swiss gold fund manager Egon von Greyerz, interviewed by King World News, reports that Swiss gold refiners say all their production is being absorbed by China and India and there's no need to market gold, since everything coming out of the mines is spoken for.
British Airways vows 'never again' after costly IT collapse
BA Fiasco Shows Air's Getting Thinner for Legacy Airlines

## Fault lines/flashpoints/powder kegs/military/war drums ##
Why the Saudi weapons deal may not live up to hype
Trump Submits to Neocon Orthodoxy
In his Mideast trip to Saudi Arabia and Israel, President Trump sought some political safe harbor by tacking toward neocon orthodoxy and jettisoning his campaign promises of a more rational strategy.

## Migrants/refugees ##
End to 'temporary' status for US migrants feared under Trump

## Global unrest/mob rule/angry people/torches and pitchforks ##
Third night of protests in northern Morocco

## Energy/resources ##
Talk about cutting your own throat! And it's the same all over the planet. Humans are incredibly short-sighted, not to mention greedy and stupid. What's more, our "leaders" facilitate this madness. -- RF

JFK's Russian Conspiracy
Kennedy had his own secret back channel with Moscow. It may have kept the superpowers from going to war.
Which is the observation I made on May 22. -- RF
Macron said the Russian media organizations are "organs of influence and propaganda" and "behaved like structures of the government."
The description sounds just like the US media. -- RF

Japan's abiding faith in high tech as a solution for every problem is going to end in tears. -- RF

How China's young people became addicted to debt
Easy access for millennial consumers has helped nearby double the nation's overall debt-to-GDP level
Maybe this will help keep the economy on life support a little longer. -- RF
Here's another area in which Trump is learning to do the deep state's bidding. He's learning fast! -- RF
Dollar General openings account for 80 percent of new stores in the US and largest occupation in US is in retail
As part of the drive to drive President Trump from the White House, some "never-Trumpers" are rehabilitating George W. Bush as a relative "moderate" and thus whitewashing his war crimes.

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