Tuesday, June 06, 2017


News Links, June 7, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Fiat's Crippling Sales Decline Continues
Asia manufacturing turns soft as China's construction loses steam
The recovery of Asian manufacturing proved to be short-lived. Of the 12 economies tracked by The Nikkei across the region, seven registered slower growth and three saw contractions in May.
Like it or not, globalization is 'inevitable,' Vietnamese PM says

## War on cash/cashless society ##
Why our credit cards keep getting hacked

## Airline death spiral ##
Asian flagship carriers sink as Chinese airlines expand
Major Asian airlines find themselves increasingly squeezed due to the advent of low-cost carriers, rising fuel prices and intense price competition stemming from a sharp expansion of international operations by Chinese air carriers.
The TSA Turns Harassing Travelers Into a Fine—and Pointless—Art
On air traffic control, don't let airlines dupe passengers
Trump's plan to privatize would shift billions in new fees onto passengers: Opposing view

## Fault lines/flashpoints/powder kegs/military/war drums ##

## Global unrest/mob rule/angry people/torches and pitchforks ##
Trump supporters confront counter-protests in Portland, Oregon
Solar energy boom brings Indian manufacturers to financial collapse
Some of India's biggest solar manufacturers are facing financial collapse, priced out by Chinese competitors as the government prioritises cheap power over local manufacturing
Almost 10,000 Koreans suffered environmental diseases in 10 yrs: report
Nearly 10,000 South Koreans have suffered or are suffering from diseases related to environmental factors -- many of them lung-related diseases -- in the past decade, government data released by a civic group showed Sunday.
While the document provides a rare window into the NSA's understanding of the mechanics of Russian hacking, it does not show the underlying "raw" intelligence on which the analysis is based. A U.S. intelligence officer who declined to be identified cautioned against drawing too big a conclusion from the document because a single analysis is not necessarily definitive.
And yet, despite all that "sophistication", Russia's smartest, government hackers somehow left a trail so obvious that it would allow the NSA to conclude in under a month, that Russia's GRU was behind it. Which is also where the story become questionable because at roughly the same time, another set of alleged Russian hackers, the Shadow Brokers, was in possession (and trying to sell) weaponized CIA methods, allowing any potential hacker to adopt the identity of anyone else, even the CIA or NSA.
Be Careful Celebrating Google's New Ad Blocker. Here's What's Really Going On.
Google, a data mining and extraction company that sells personal information to advertisers, has hit upon a neat idea to consolidate its already-dominant business: block competitors from appearing on its platforms.
Detroit may force businesses to share surveillance
Detroit police and city officials are drafting an ordinance that would make it mandatory for all venues that serve customers after 10 p.m. to join Project Green Light, a program that allows officers to monitor businesses' high-definition video feeds in real time.

## Propaganda/censorship/fake news/alternative facts ##
Not to mention that there won't be enough money (energy) to rebuild what's falling apart, anyway. -- RF

## Japan ##
Ageing Japan faces dementia healthcare crisis
Abe's Belt and Road pivot signals push to improve bilateral ties
Prime Minister Shinzo Abe's conditional support for China's Belt and Road infrastructure plan tells Beijing that Tokyo is ready to work toward warmer bilateral ties as the future of Asian security grows more uncertain.
How the Gulf row is blocking China's new Silk Road
Rift between Qatar and its neighbours could disrupt key projects in Beijing's sprawling trade initiative
Questions raised about police knowledge of London Bridge attackers
Reports emerge that one of the suspects was reported to police and may have previously been confronted by officers
Dear Great Britain – Blame Your Intelligence Agencies and Government, Not the Internet
Is U.S. Climate Policy Killing Capitalism?
It's not Donald Trump or alt-neo-Nazi Steve Bannon who is mainly responsible for taking the U.S. out of the Paris climate accord. It's the Koch Brothers and the rest of Big Oil, and Big Gas, and Big Coal.
We've added more than 16 million people to this shadow army of non-workers over the last decade.
Carmageddon: A Train Wreck Of Inventory
On May 10, 2017, there were 145,763 new 2016 vehicles unsold. Today, 2016 new car inventory stands at 112,310. At the current rate of sale, we will not sell through the new 2016 inventory till the last week of August.
The American dream? Top 20% pulling away from the rest, study finds
Economics professor Richard Reeves says the upper middle are 'opportunity hoarding' – and pulling up the drawbridge behind them

And finally...

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