Posts
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Global Ponzi meltdown/House of Cards ##
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Airline Death Spiral ##
The
adage "What goes up must come down," is coming home to
roost for commercial aviation.
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Fault lines/flashpoints/powder kegs/military/war drums ##
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Global unrest/mob rule/angry people/torches and pitchforks ##
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Energy/resources ##
The
sudden fall in the price of crude oil, from $120 to just $60 a barrel
in six months, is the biggest economic shock of 2014 and the
fallout is expected to be profound and long-lasting, especially
for the oil majors
The
boom that adorned Gulf Arab monarchies with glittering
towers, swelled their sovereign funds and kept unrest
largely at bay may be over after oil prices dropped by almost
50% in the past six months.
Shale
oil firms in the U.S. will suffer in the next two years due to
the dramatic fall in the price of the commodity, according to
Dennis Gartman, the founder and editor of the Gartman Letter,
who expects a further fall in prices in the near term.
‘Flourishing
black market’ in LPG (Pakistan)
According
to the Australian Energy Regulator, in NSW alone over
100,000 residential customers can't pay their bills and
have an average electricity debt of $542.
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Got food? ##
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Lifestyle Solutions ##
The
unsustainable often ends abruptly
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Environment/health ##
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Intelligence/propaganda/security/internet/cyberwar ##
Reports on
compliance violations were published 'when basically no one would
be paying attention to the internet or in the mood to think
about unchecked government snooping for at least the next 30
hours.'
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Systemic breakdown/collapse/unsustainability ##
Waiting
for the Sunrise (The
Archdruid Report)
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Japan ##
The
number of nonregular employees has exceeded 20 million in the country
for the first time on record, accounting for 38 percent of
all corporate employees, government data showed on Friday.
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China ##
Chinese
aviation authorities have removed a warning that possible
"defensive emergency measures" could be taken against
carriers failing to comply with regulations set for China's airspace
zone in the East China Sea. The move by the Civil Aviation
Administration reflects fears that hostilities could be
triggered with other countries if China strictly applied
rules for the air defense identification zone it established
last year, according to diplomatic sources.
A
towering dam in central China holds back a vast expanse of water
destined to travel over 1,000 km north to Beijing, but
critics say it will only temporarily quench the city’s thirst.
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UK ##
Taxpayer
subsidies for large-scale solar farms on fields where crops once
grew will this week be banned because they are a “blight”
on the countryside. Liz Truss, the Environment Secretary, said
that the sight of “row upon row” of large-scale solar farms
on once productive agricultural land “makes the heart
sink”.
Royal
Guards have been withdrawn from prominent posts outside palaces to
stand behind metal gates amid fears that they could be
targeted by “lone wolf” attackers, it has been reported.
Increased
death rates, rising public disorder and high-risk criminals on
the loose among the likely consequences of prolonged power cuts,
official assessment shows
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US ##
The
trend towards renter households will continue deep into 2015.
And
finally...
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