Friday, March 17, 2017

 

News Links, March 18, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
US Pressures IMF to Walk Away From Greece: Déjà Vu, All Over Again
Assets in Panama banks reach record level despite 'Panama Papers'
Swiss keep negative rates on hold ahead of French election
Get Ready for a "Credit Implosion"
Is Everything Out of Whack? Wolf Richter on the Keiser Report
Oh, boy! Driverless Flying Taxis Are Coming To Dubai This Summer

## Airline death spiral ##
Job cuts expected as Cathay Pacific targets 30 per cent savings in head office management costs

## Fault lines/flashpoints/powder kegs/military/war drums ##
The Kagans Are Back; Wars to Follow
The neocon royalty Kagans are counting on Democrats and liberals to be the foot soldiers in the new neocon campaign to push Republicans and President Trump into more "regime change" wars.
Dozens killed in fresh clashes on Myanmar's China border
Raging battles on Myanmar's border with China have claimed dozens more lives, military and official sources said Wednesday, as the mounting death toll landed a fresh blow to the government's faltering peace process.

## Intelligence/security/internet/cyberwar ##
Where's Citizenship for Sale? Huddled Masses Need Not Apply
Most countries offer citizenship (passports) the hard way. But 7 sell them outright, and 3 have "powerful" passports. "Citizenship Planning" is a thing.
Canadian man charged in Yahoo hack loves fancy cars, parties
The Canadian charged in connection with a massive hack of Yahoo accounts that the United States says was a Russian plot is a young man who has boasted on social media of his wealth and love of expensive cars, online accounts show.


## Systemic breakdown/collapse/unsustainability ##
You're Now Twice as Likely to Achieve the 'American Dream' in Canada
It pays to remember, however, that the American Dream as currently conceived was never sustainable. -- RF
But those interviewed for this story say there are clearly two big issues - there are not enough skilled workers in the market, from electricians to welders, and after years of historically low production, shipyards and their suppliers, including nuclear fuel producers, will struggle to ramp up for years.
Ain't gonna happen. -- RF

China adds national pledge to curb housing prices in government work report
Vow comes as Beijing municipal government raises down payments for most second home purchases to 80 per cent

## US ##
IT BEGINS…. Idaho & Arizona Pass Bills To Remove "Capital Gains Taxes" On Gold & Silver
Trump Slips into 'Endless War' Cycle
But this still divides the US political landscape into Red and Blue, suggesting that there isn't anything else. American politics was already broken before Big Data came along. -- RF

And finally...




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