Posts
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Global Ponzi meltdown/House of Cards ##
I've
long held that Singapore will crash and become a no-man's land. These
are ominous signs. -- RF
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Airline Death Spiral ##
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Fault lines/flashpoints/powder kegs/military/war drums ##
The
Ukraine crisis owes its roots to a deal America made and broke with
the recently deceased Soviet foreign minister
Chancellor
Angela Merkel’s government is sending 16,000 assault rifles,
plus anti-tank weapons and armored vehicles, to Iraqi
Kurds fighting Islamic State militants, lifting a German taboo
on shipments into war zones.
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Global unrest/mob rule/angry people/torches and pitchforks ##
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Energy/resources ##
Olkiluoto
3, which will be Finland's fifth nuclear reactor, was originally
due to start operating as early as 2009, but it has been
hit by repeated delays and soaring costs.
The
European Union could ban gas exports and limit industrial use as
part of emergency measures to protect household energy
supplies this winter, a source told Reuters, as it braces for a
possible halt in Russian gas as a result of the Ukraine crisis.
The
Philippines government may be forced to declare emergency powers
to tackle a looming electricity shortage from 2015 as private
firms struggle to build new capacity, but faces opposition from
business groups worried about higher costs.
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Got food? ##
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Lifestyle Solutions ##
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Environment/health ##
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Intelligence/propaganda/security/internet/cyberwar ##
James
Foley Worked Under USAID, a Known U.S. Intelligence Front. Was
He More Than Just a Journalist?
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Systemic breakdown/collapse/unsustainability ##
The hollowing
out of corporate strengths to enable short-term profiteering by
the handful at the top leads to systemic fragility.
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Japan ##
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China ##
Cash-strapped
Chinese developers are borrowing a record amount in the offshore
loan market this year, adding to the highest debt loads
since 2005.
A
record number of listed Chinese companies bled red ink over the
six months ended June 30 as oversupply issues persisted in
the manufacturing sector and the government's frugality order
hurt sales of luxury goods.
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UK ##
Teachers
are facing a rising tide of insults, threats and physical
violence amid warnings of a breakdown in respect towards adult
authority.
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US ##
The
most spectacular and costly failure in Atlantic City's 36-year
history of casino gambling begins to play out Monday when
the $2.4 billion Revel Casino Hotel empties its hotel.
Best
democracy money can buy: Wealthy
political donors seize on new latitude to give to unlimited
candidates
$1.2
trillion in student debt is outstanding and many
college graduates working in jobs that don’t require their
degree.
A
few names consistently pop up in any discussion of states with
the most pension debt—Illinois, New Jersey and a handful of
other states are frequently cited as shouldering the heaviest
pension burdens. Hawaii isn’t always on that list. But
according to one watchdog group, Truth in Accounting, the
state’s pension burden is among the worst in the country.
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