Friday, March 16, 2018

 

News Links, March 17, 2018

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Is The U.S. Economy Really Growing?
US National Debt Hits $21 Trillion
Deutsche Bank Just Never Disappoints
Even bigger loss than reported 6 weeks ago, cost cuts abandoned, bonuses quadrupled.
Winn-Dixie parent company to file for bankruptcy, close stores (US)
Institutional investors from the U.K. snapped up half the 2047 notes on offer Friday.


## Fault lines/flashpoints/powder kegs/military/war drums ##
Soldiers, sailors, airmen, Marines — and Coasties, too — test arctic war-fighting skills in Alaska exercise
Russia to expel UK diplomats as crisis over nerve toxin attack deepens
EU provides financial support for Turkey amid ethnic cleansing
The European Union has approved an aid package of further 3 billion euros for the Turkish state as it commits ethnic cleansing against the Kurds in Afrin Canton of Northern Syria.
The Iraq Death Toll 15 Years After the U.S. Invasion
March 19 marks 15 years since the U.S.-U.K invasion of Iraq in 2003, and the American people have no idea of the enormity of the calamity the invasion unleashed.

## Energy/resources ##
U.S. Shale's Dirty Secret
"The dirty secret of U.S. shale oil is not many people want it."
Of course, one dirty secret — which I have pointed out a number of times — is the industry's unprofitability. But there's still more bad news for US shale oil, as explained in the article. -- RF
Tech companies reliant on mica despite child labor fears
Tech companies are increasingly reliant on mica to make products from televisions to mobile phones, yet the electronics industry is largely unaware of the origins of a mineral mined globally by children in dangerous conditions, campaigners say.
Canada Is Facing A Heavy Crude Crisis
Canada to boost nuclear power to help meet climate change target
Canada, the second largest producer of uranium, will boost its reliance on nuclear energy to reduce its carbon footprint and will encourage other nations to do the same, public broacaster CBC said Thursday.

## Intelligence/security/internet/cyberwar ##
The UK government is manufacturing its nerve agent case for 'action' on Russia
Official claim that 'Novichok' points solely to Russia discredited
Chinese hackers accused of targeting US defence firms linked to South China Sea
Cybersecurity group says companies were targeted for information that could prove useful for Beijing in disputed maritime waters


## Systemic breakdown/collapse/unsustainability ##
Chicago, Vancouver among cities saying no to World Cup - and FIFA has itself to blame
But everything can't be blamed on the FIFA and (in the case of the Olympic games) the IOC. The main reason that these events have become crushing burdens is the energy cost. -- RF
Japan's Prisons Are a Haven for Elderly Women
Lonely seniors are shoplifting in search of the community and stability of jail.

Too many humans. -- RF
No Cards Left to Play but the Threat of Armageddon
There is no mystery to the ideological collapse of U.S. ruling class politics under late stage capitalism and imperial decline. Simply put, the corporate duopoly parties have nothing to offer the masses of people except unrelenting austerity at home and endless wars abroad.




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