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Wednesday, 3 September 2014

Headlines

## 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

## Airline Death Spiral ##

## 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.

## Global unrest/mob rule/angry people/torches and pitchforks ##

## 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.

## Got food? ##

## Lifestyle Solutions ##

## Environment/health ##

## Intelligence/propaganda/security/internet/cyberwar ##

## 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.

## Japan ##

## 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.

## UK ##
Teachers are facing a rising tide of insults, threats and physical violence amid warnings of a breakdown in respect towards adult authority.

## 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.
$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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