News Links, December 5, 2018
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1:55 PM (4 hours ago)
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## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Asia's outlook darkens as factory activity slips, new orders fall
Dow plunges nearly 800 points on rising fears of an economic slowdown
Across the West powerful firms are becoming even more powerful
Asia's outlook darkens as factory activity slips, new orders fall
Dow plunges nearly 800 points on rising fears of an economic slowdown
Across the West powerful firms are becoming even more powerful
To be Australian is to be rich
Credit Suisse's 2018 Global Wealth Report shows Australians are the wealthiest people in the world, richer than even the Swiss, but sinking fortunes are on the horizon
Credit Suisse's 2018 Global Wealth Report shows Australians are the wealthiest people in the world, richer than even the Swiss, but sinking fortunes are on the horizon
## Cut, baby, cut! ##
Ford To Announce 25,000 Job Cuts: Morgan Stanley
## War on cash/cashless society/cryptocurrencies ##
Riksbank predicts Sweden will be 'cashless' within five years
Bitcoin is close to becoming worthless
Ford To Announce 25,000 Job Cuts: Morgan Stanley
## War on cash/cashless society/cryptocurrencies ##
Riksbank predicts Sweden will be 'cashless' within five years
Bitcoin is close to becoming worthless
## Airline death spiral ##
Lion Air ponders canceling Boeing jets in row over crash - sources
The economics of first class are ruinous to both the airlines and passengers.
Skymark Raided over Pilot Drinking Problem
## Fault lines/flashpoints/powder kegs/military/war drums ##
The tiny island with a big role in US plans for the South China Sea
## Fault lines/flashpoints/powder kegs/military/war drums ##
The tiny island with a big role in US plans for the South China Sea
The short answer is no. -- RF
Politicians Beware: It's Best Not to Deliver What You Actually Promise.
French president Emmanuel Macron delivered on his main campaign promises. Please consider what happened next.
French president Emmanuel Macron delivered on his main campaign promises. Please consider what happened next.
Is near-instant satellite imagery almost here?
Intelligence analysts and soldiers on the battlefield could have access to near real-time imagery from commercial satellites as soon as 2021 thanks to new industry partnerships.
Intelligence analysts and soldiers on the battlefield could have access to near real-time imagery from commercial satellites as soon as 2021 thanks to new industry partnerships.
## Migrants/refugees ##
Frustrated migrants moved miles from border, face long asylum waitlist
Frustrated migrants moved miles from border, face long asylum waitlist
Feel sorry for the migrants. As the US economy founders, they'll be among the first blame targets. -- RF
## Global unrest/mob rule/angry people/torches and pitchforks ##
Occupy Jamie Dimon: Activists Are Chasing the Billionaire Across the U.S.
JPMorgan’s CEO is dogged by protesters on stages and flagpoles.
“Yellow Vest” riots hit Brussels
The People Of France Reject Macron's Policies - How Long Can He Survive?
Bayer pharma workers protest 12,000 worldwide job losses
‘Stop killing women’: Israeli cities grind to a halt as thousands demand end to domestic violence
‘Stop killing women’: Israeli cities grind to a halt as thousands demand end to domestic violence
## Energy/resources ##
Fracing slump deepens as Schlumberger walks oil `tightrope'
The North American fracing market -- already expected to be a downer for the holidays -- is turning out to be even worse than expected, according to the world’s biggest oil-service provider.
What Crashing Refining Margins Mean For Oil Markets
The North American fracing market -- already expected to be a downer for the holidays -- is turning out to be even worse than expected, according to the world’s biggest oil-service provider.
What Crashing Refining Margins Mean For Oil Markets
As Iran supply dries up, South Korea petrochemical firms find new, costly oil sources
With supply from major producer Iran uncertain, big condensate user South Korea is scouring the world for alternative sources of this key ingredient in its large chemical industry to avert shortages - a process that is proving to be costly for buyers.
With supply from major producer Iran uncertain, big condensate user South Korea is scouring the world for alternative sources of this key ingredient in its large chemical industry to avert shortages - a process that is proving to be costly for buyers.
## Got food? ##
Food Security & Nutrition around the World (FAO)
For the third year in a row, there has been a rise in world hunger. The absolute number of undernourished people, i.e. those facing chronic food deprivation, has increased to nearly 821 million in 2017, from around 804 million in 2016. These are levels from almost a decade ago.
Food Security & Nutrition around the World (FAO)
For the third year in a row, there has been a rise in world hunger. The absolute number of undernourished people, i.e. those facing chronic food deprivation, has increased to nearly 821 million in 2017, from around 804 million in 2016. These are levels from almost a decade ago.
## Solutions ##
Where to Find Complete Libraries Online for FREE (and a New Website to Check Out)
Nicolas Clerc on ‘Télescope’, a café without smartphones: “they’re filling our lives with emptiness”
Where to Find Complete Libraries Online for FREE (and a New Website to Check Out)
Nicolas Clerc on ‘Télescope’, a café without smartphones: “they’re filling our lives with emptiness”
## Environment/health ##
Cost of insulin causing 1 in 4 diabetics to cut back on use
"For people with type 1 diabetes, insulin is a lifesaving drug. Without it, people can die within days."
Canada’s chronic drug shortage
"For people with type 1 diabetes, insulin is a lifesaving drug. Without it, people can die within days."
Canada’s chronic drug shortage
FDA Spotlights Recent Spike in Drug Shortages
The US Food and Drug Administration (FDA) is not just seeing an increase in drug shortages but also a spike in the intensity and duration of shortages.
The US Food and Drug Administration (FDA) is not just seeing an increase in drug shortages but also a spike in the intensity and duration of shortages.
Indonesian Islands Are Drowning in Trash
A government clean up operation launched this week near the Indonesian capital has removed more than 40 tons of trash each day.
A government clean up operation launched this week near the Indonesian capital has removed more than 40 tons of trash each day.
A Coal Mine Is Devouring a 12,000-Year-Old Forest
For decades a German utility has been clearing an ancient forest to unearth more coal. With little left to preserve, environmentalists are fighting back.
For decades a German utility has been clearing an ancient forest to unearth more coal. With little left to preserve, environmentalists are fighting back.
Despite CRISPR baby controversy, Harvard University will begin gene-editing sperm
Even as a furious debate broke out in China over gene-edited babies, some scientists in the US are also hoping to improve tomorrow’s children.
Even as a furious debate broke out in China over gene-edited babies, some scientists in the US are also hoping to improve tomorrow’s children.
Sh*thole countries: Killing Asylum: How Decades of U.S. Policy Ravaged Central America
## Propaganda/censorship/fake news/alternative facts ##
Truth Is What We Hide, Self-Serving Cover Stories Are What We Sell
The fact that lies and cover stories are now the official norm only makes us love our servitude with greater devotion.
## Systemic breakdown/collapse/
Climate change could lead to 'a collapse of our civilization' according to Sir David Attenborough
Unfortunately, climate change is not the only thing threatening civilization. Are you prepared? -- RF
Samples were taken from the new machines that have been rolled out at restaurants across the country – every one of them had coliforms.
Theresa May Caught in Massive Lie: Leaked Brexit Deal Analysis Vindicates Trump
Theresa May Caught in Massive Lie: Leaked Brexit Deal Analysis Vindicates Trump
Met Police numbers could fall to lowest level in 16 years in London if funding not increased, Sadiq Khan warns
NHS email down: Staff frozen out of more than a million accounts in national outage
NHS email down: Staff frozen out of more than a million accounts in national outage
It’s getting harder for retirees to avoid poverty
Construction Spending Declines Third Consecutive Month
Construction spending fell for the third month and fourth in five months. Also, September was revised lower.
Construction spending fell for the third month and fourth in five months. Also, September was revised lower.
Surging oil drilling in Texas could cause Summer power shortages
Texas oil and gas drillers are soaking up more electricity than generators are planning to add by the time power demand peaks next summer.
Texas oil and gas drillers are soaking up more electricity than generators are planning to add by the time power demand peaks next summer.
## George H.W. Bush ##
US agents lured a teen near the White House to sell drugs so George H.W. Bush could make a point
A Killer Dies, a Teacher Lives: George H.W. Bush v. Noam Chomsky
A Killer Dies, a Teacher Lives: George H.W. Bush v. Noam Chomsky
Bush-41’s October Surprise Denials
“Deny everything,” British traitor Kim Philby said, explaining how the powerful can bluff past their crimes, something known to George H.W. Bush when he denied charges of his own near treason in the October Surprise case.
“Deny everything,” British traitor Kim Philby said, explaining how the powerful can bluff past their crimes, something known to George H.W. Bush when he denied charges of his own near treason in the October Surprise case.
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