Thursday, May 04, 2017


News Links, May 5, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Canada Housing Bubble Pops and Looks Similar to US Housing Bubble
Canada's Largest Alternative Mortgage Lender Crashes in Dramatic Fashion.
Canada's Banking System Is Crashing Before Our Eyes
The burden of housing costs is biting even in Australia's wealthiest suburbs as an unprecedented one in four households nationally face mortgage stress, according to the latest in a 15-year series of analyses.
China service sector slows, suggesting economy losing steam
S. Korean Government Mulls Extending Special Employment Assistance for Shipbuilders

## War on cash/cashless society ##
Dubai firm looks to raise $500 million via gold-backed digital tokens for new payments system

## Airline death spiral ##

## Fault lines/flashpoints/powder kegs/military/war drums ##
Mattis in talks to keep 'several thousand' US troops in Iraq after ISIS
Trump's Support and Praise of Despots Is Central to the U.S. Tradition, Not a Deviation From It
The more things change... -- RF
Why There Will be no Russophobia Reset
Yemeni Al-Qaeda Leader: We're Fighting Alongside US-Backed Forces
While the Pentagon often presents the war in Yemen as being against al-Qaeda by way of trying to justify ever deeper direct US involvement, al-Qaeda in the Arabian Peninsula (AQAP) leader Qasim al-Rimi was a bit more frank about the situation, noting AQAP forces regularly fight "alongside" the US-backed Sunni forces.
Finding New Homes for Lethal Drones
America's expanded use of drone warfare to kill targets half a world away is spreading from a base outside Las Vegas to other state-side locales, including Syracuse, New York.
Indeed, diesel fuel is the workhorse fuel of industrial society, running trucks, heavy machinery, and generators. -- RF

## Solutions ##
There Is One Way Out of Debt-Serfdom: Fanatic Frugality

## Environment/health ##
Deadly 'superbug' fungus emerging in U.S. hospitals
Hidden Radiation Secrets of the World Health Organization

## Intelligence/security/internet/cyberwar ##
Sounds great! But unlike a password, which can be changed at will, you cannot change your stolen biometrics. Additionally, you must somehow provide your biometrics in order for the system to work. It's unlikely that you can keep your biometrics out of the hands of governments, corporations, hackers, and other parties. -- RF
New virus found to have destroyed IoT device
A Japanese research group has found a new type of computer virus that destroys programs in devices that are connected to the Internet.

## Propaganda/censorship/fake news/alternative facts ##
NYT Cheers the Rise of Censorship Algorithms
The New York Times is cheering on the Orwellian future for Western "democracy" in which algorithms quickly hunt down and eliminate information that the Times and other mainstream outlets don't like.
Government Smearing of Israel's Critics
Israel's pressure to conflate criticism of its treatment of Palestinians with the evils of anti-Semitism has stifled a needed debate in Western societies.
Hillary Clinton Blame-Shifts Her Defeat
While admitting unspecified shortcomings in her campaign, Hillary Clinton blame-shifted her defeat primarily onto Russian President Putin and FBI Director Comey.

## Systemic breakdown/collapse/unsustainability ##
Peaceful, natural sounds- bird songs, rushing rivers and rustling grass - are sometimes being drowned out by noise from people in many of America's protected parks and wilderness areas, a new study finds.
Climate change may corrode concrete even faster

## US ##
#Carmageddon Not Yet, But Hot Air Hisses out of Auto Bubble
Despite record incentives, sales decline speeds up, inventory bloat spreads to zombie malls.
Obama was and is the latest errand boy for big money but he was hyped as a change agent working for our benefit.
Shulkin says he's considering closing 1,100 VA facilities
Veterans Affairs Secretary David Shulkin says his department is seeking to close perhaps more than 1,100 VA facilities nationwide as it develops plans to allow more veterans to receive medical care in the private sector.

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