Tuesday, January 31, 2017

 

News Links, February 1, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
This chart shows how 8 billionaires have as much wealth as 3.6 billion people
Multiple airlines experiencing technical issues, delays
Delta, KLM and Virgin Air Lines are all experiencing delays caused by technical issues, according to a tweet from the John F. Kennedy International Airport.
Reminders of class inequity contribute to air rage, say researchers  
Tight seating, fuller flights, alcohol, fewer flight attendants, human nature: It's a recipe for disaster.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Officials Tell Conference US Will Remain a Pacific Power
Duterte: US Building Permanent Arsenal in Philippines
In comments which might suggest a rift between Philippines President Rodrigo Duterte and his defense secretary, the outspoken president accused the US of threatening regional stability by building "permanent" arms depots within the Philippines' territory.

## Migrants/refugees ##
Mexico Earmarks $50 Million to Back Migrants in US

## Global unrest/mob rule/angry people/torches and pitchforks ##
Trump Must Choose Between Farmers and 'Big Meat'

## Solutions ##
Why Our System Is Broken: Cheap Credit Is King
You want to fix the economic system, reduce political bribery and reduce rising income inequality? Shut off the cheap unlimited credit spigot to banks, financiers and corporations.

The suspect is neither Moroccan nor Muslim. The Moroccan individual, Mohamed Belkhadir, was actually one of the worshippers at the mosque and called 911 to summon the police, and played no role whatsoever in the shooting.
Julian Assange breaks pledge to leave Ecuadorean embassy if Chelsea Manning was pardoned
The Wikileaks founder may still go to the US – but only if a deal can be brokered
The FBI on Monday defended its decision to withhold documents on how it unlocked an iPhone used by one of the San Bernardino, California, shooters, saying the information could be exploited by "hostile entities" if released to the public.

## Propaganda/censorship/fake news/alternative facts ##
U.S. Military Botches Online Fight Against Islamic State

## Systemic breakdown/collapse/unsustainability ##
End of the "Oilocene": The Demise of the Global Oil Industry and of the Global Economic System as we know it.
How Great the Fall Can Be (Archdruid Report)
The Fix-Nothing Farce of Symbolic Politics
Solutions gut the rackets by breaking down the status quo's regulatory walls protecting the privileged elites who are stripmining the bottom 95%.
[A]s peak-pothole season arrives, American motorists dodging an epidemic of roadway craters are already shelling out some $3 billion a year in repair costs for blown tires, broken shock absorbers and busted axles.
Hints on how to prepare a bug-out bag. You have to wonder if the people at Bloomberg are serious about the possibility of collapse, or just trying to boost the sales of companies making this gear. -- RF

## US ##
Americans Spend More Than They Earn For 9th Straight Month As Savings Rate Tumbles To 2015 Lows
In fact, it appears that it was the Obama administration that developed the list of countries targeted in Trump's executive order.
Trump's Incoherent Anti-Terrorism Policy
By blocking travelers from seven mostly Muslim nations – but not ones that have sent terrorists to the U.S. – President Trump has pushed an incoherent policy that may increase the risks of terrorism.
Trump's Chaotic Management Style
Donald Trump's White House – under the strong influence of tear-the-government-down agitator Steve Bannon – is doing exactly that with a chaotic policy style.


Sunday, January 29, 2017

 

News Links, January 30, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
What's Behind the Collapse in Global Exports in the US, Japan, EU, Emerging Markets?

Many airports in Japan fail to meet safety norms for runway overruns
Runways at three quarters of the airports in Japan, including the country's busiest gateways Narita and Haneda, do not meet safety standards to prevent severe accidents when planes overrun, according to the transport ministry.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Poland, Lithuania Both Rule Out Hosting CIA Black Sites
Trump Lets Saudis Off His 'Muslim Ban'
By leaving Saudi Arabia and other key terrorism sponsors off his "Muslim ban," President Trump shows the same cowardice and dishonesty that infected the Bush and Obama administrations.

## Energy/resources ##
Chevron's First Loss in Decades Signals Hard Time for Giants
Chevron Corp. posted its first annual loss since at least 1980, signaling the difficulties faced by the world's biggest oil companies as they struggle to emerge from the worst collapse in a generation.
Big Oil May Not Need To Borrow To Pay Dividends For The First Time In 5 Years
If you got excited by the uncritical media hoopla over "metallic hydrogen," read this and sober up. -- RF


## Environment/health ##
More Than 100 Fast-Spreading Wildfires Rage in Chile
Flames from more than 100 raging wildfires in Chile continued spreading from the mountains to the Pacific coast, destroying forests, livestock and entire towns in a destructive path that is now dangerously close to the city of Concepcion.
Brutal western US winter has been terrible for animals

## Propaganda/censorship/fake news/alternative facts ##
Alternativefacts.com Links to Magazine Story About Gaslighting
Propaganda and lies have been used by all administrations. One gets the impression that most of the people criticizing Trump have just opened their eyes. -- RF
Calling a Lie a Lie in the Age of Trump

## Systemic breakdown/collapse/unsustainability ##
Are We Getting Dumber?
Reducing consumption and local exchange better than "sustainable consumption"
While it is clear that global trade plays a major role as a driver of destruction of biodiversity there is no way "consumers" in the US or other developed economies can be expected to take responsibility for the effect on biodiversity of their consumption.
When The Rich Become Preppers, It's Time To Worry
The social stigma to prepping is fast disappearing


## UK ##

## US ##
California Threatens To Cut Off Funds To Washington
With secession threats looming, the state of California is reportedly studying ways to suspend financial transfers to Washington after the Trump administration threatened to withhold federal money from sanctuary cities.
Most Americans are living by the seat of their financial pants.  Half of the country is living paycheck to paycheck hoping their money clears into their account fast enough to pay the mortgage or rent and electricity.  You also see so many people going into incredible levels of debt just to maintain the illusion that they are somehow middle class.
Dow Companies Report Worst Revenues since 2010, Dow Rises to 20,000 (LOL?)
Wall Street hocus-pocus has done an awesome job.
Researchers have put the cost of the wall at $15 to $25 billion. That price tag would come to a nation with a staggering national debt of $19.9 trillion and a D+ rating on its critical infrastructure that plays an essential role in the country's economic growth and ability to pay its debt.


Thursday, January 26, 2017

 

News Links, January 27, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Domestic Air Travel in Brazil Falls by 7.8 Percent in 2016
Not even the major sporting events, like the Rio Olympics and Paralympic Games in August and September of 2016, were able to boost domestic air transport in 2016.
Death of the Syrian 'Moderate' Fantasy
Neocons and liberal hawks sold the fantasy that Syrian "moderate" rebels were a viable option when all they did was help arm Al Qaeda jihadists and worsen the bloodshed.
Netanyahu: Latest Settlement Expansions 'Just a Taste'
Faced with the dueling condemnations over his massive settlement expansion plans, both by an international community that sees it killing any potential for renewing the peace process, and by settlers who wanted much more, Israeli Prime Minister Benjamin Netanyahu decided to focus his efforts to placate on the later.
Emboldened by Trump, Israel Rapidly Expands Illegal Settlements


## Energy/resources ##
Wyoming proposal would require utilities to use fossil fuels 
A group of Wyoming lawmakers is bucking the U.S. trend of supporting renewable energy with a plan to do the opposite: Fine utilities if they provide energy produced by wind or the sun.

## Environment/health ##
Side order of plastic with your cod? -- RF

## Intelligence/security/internet/cyberwar ##
Eye scans, face scans, fingerprints... There are increasing ways to get your biometric information. And remember, once that information is stolen, your goose is cooked. Unlike a password, you cannot change it. -- RF
A fact which shows that people haven't been paying attention. -- RF
Trump's Ego-Driven Lies
U.S. government lying is surely not a new thing – recall the Iraq War deceptions – but Donald Trump has started off his presidency with clearly false claims that make the problem worse.

## Systemic breakdown/collapse/unsustainability ##
Hailed first as the country's Garden City and then its Silicon Valley, drawing in multinational IT firms and their monied executives, today Bangalore is paying a heavy price for its success -- it's a city overflowing with garbage, its infrastructure and waste collection services unable to keep up with decades of unchecked growth.
The super rich are preparing for the end of the world
The Dow has hit 20,000 for the first time ever, but rather than celebrating, some of the richest of the rich are building bunkers to prepare for a potential apocalypse.
Don't get caught by this bunker mentality. Sooner or later, you'll run out of something — food, energy, etc. — or be overrun. The future is in building self-sustaining, mutually supportive communities. -- RF
Any way you look at it, it's an unsustainable system. -- RF

## Japan ##
Japan government: fiscal targets slip further as tax revenue falls
Japan's government said on Wednesday that the primary deficit will worsen in coming years, even according to its most optimistic forecasts, because of falling tax revenue and weak consumer spending.
Gas usage hits record highs in Tokyo, Osaka as cold bites Japan
Japan has been a bigger coal importer than China in 14 out of the past 24 months
After years of setbacks, Japanese unfit for nuclear energy projects
Japan's fiscal health hopes grow dimmer still
The who, what and why in China's latest VPN crackdown
The new campaign to stamp out 'unauthorised' providers is not expected to target individuals directly but could have big implications for companies based on the mainland
North Korea Will No Longer Receive Weapons Materials From Beijing
China Premier Li Keqiang: 'Economic Openness Serves Everyone Better'
"Rightsizing Has Once Again Come to the Tech Sector"
Struggling Tech Boom as seen through San Francisco's office space market.
US is no longer a full democracy, EIU warns
The U.S. has been demoted from a full democracy to a flawed democracy for the first time, according to the Economist Intelligence Unit (EIU).
Deflation Probability Drops to 0% for Next Five Years
Atlanta Fed's "Deflation Probabilities" index: that horrifying threat (lower prices) has been vanquished.


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