Monday, 25 February 2019

Headlines - 02/25/2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Global Trade Pain Stings Export Economies From Japan to Germany
All the gold in the world mined since the dawn of time adds to about 190,040 tonnes or 6.7 billion ounces. At the current per-ounce price of about $1,300, the world’s goal hoard worth over $8.5 trillion would be not enough to pay off the U.S. debt accumulated between 2009 and 2016.
“New Economic or Financial Crisis” in the Eurozone Could Start in Italy: French Government Frets
While contagion is definitely contained, the Eurozone “is not sufficiently armed to face a new economic or financial crisis.” French banks are heavily exposed to Italy.

## War on cash/cashless society/cryptocurrencies ##
Cryptocurrency companies use 'backdoor' listings to ease into mainstream
How Can Bitcoin Be Lost Or Stolen When It's In An Immutable Encrypted Distributed Ledger?

## Airline death spiral ##
Pilot drinking again delays ANA flight despite new rules

## Fault lines/flashpoints/powder kegs/military/war drums ##
China Sticks Up For Iran As Geopolitical Pressure Mounts
America: ‘Indispensable Nation’ No More

## War on Venezuela ##
Crush their economy and then offer them "aid." -- RF
The War on Venezuela is Built on Lies
The reporter as clown — for whom the truth is too difficult to report —may be the final stage of much of mainstream journalism’s degeneration, writes John Pilger.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Haiti police fire rubber pellets at mourners as protests resume
The real story here is that supertanker owners are becoming dependent on a money-losing industry to sustain themselves. -- RF
Wild cats, boas are obstacles in Mexican president's refinery race
Canada's Barrick considers buyout of rival Newmont Mining
Canada’s Barrick Gold Corp said on Friday it considered making an all-stock bid for U.S. rival Newmont Mining Corp, a deal that would create a monolith in the global gold sector and likely push smaller peers to start buying each other.
India reiterates plan to stop sharing water with Pakistan
New Delhi's move to halt water flows to Pakistan is to pressure its neighbour after a militant attack in Kashmir.

## Got food? ##
Agribusiness Is the Problem, Not the Solution
I have no counterargument on the problems with agribusiness. But the belief that currently overflowing granaries means that state will continue is mistaken. The impacts of global warming (or global cooling) aside, the death of modern agriculture will come from net energy decline. Once the diesel fuel shortages arrive, we'll hear the death knell of industrialized agriculture. -- RF
World's food supply under 'severe threat' from loss of biodiversity
The world’s capacity to produce food is being undermined by humanity’s failure to protect biodiversity, according to the first UN study of the plants, animals and micro-organisms that help to put meals on our plates.
As bankruptcies rise, farmers and lenders hope for big harvests, rise in crop prices (US)

## Solutions ##
What's Been Lost: The Value of Being Reasonable

## Environment/health ##
Snow reported around Los Angeles in Malibu, West Hollywood, Northridge, Pasadena
World’s largest bee, once presumed extinct, filmed alive in the wild
Wallace’s giant bee disappeared for more than a century. Now it’s back, and already being sold online by at least one collector.
Every day many millions of gallons of water loaded with arsenic, lead and other toxic metals flow from some of the most contaminated mining sites in the U.S. and into surrounding streams and ponds without being treated, The Associated Press has found.
Scientists who discovered ‘amphibian plague’ worried a dangerous new hybrid disease will emerge
‘Unless you stop international travel and international trade, things like this are going to continue... something is going to get through’
China and India lead in greening of the world through land-use management
Several apps share highly sensitive data with Facebook even if users do not have a Facebook account.
Read this as a warning about what governments everywhere will try to do. -- RF
Making the case for the Panopticon Society. -- RF

## Propaganda/censorship/fake news/alternative facts ##
Russiagaters Ramp Up Narrative Management As Mueller Report Nears
US Media Erase Years of Chavismo’s Gains
Venezuela’s Bolivarian Revolution, which took off with the election of President Hugo Chávez in December 1998, frequently and even quite recently received praise for its social gains from the United Nations, international humanitarian organizations and economists. This aspect of the country’s story has been almost entirely written out of media coverage of the effort to overthrow the Venezuelan government by the US, Canada and their right-wing partners in Venezuela and the region.

## Systemic breakdown/collapse/unsustainability ##
America has shown it isn't afraid of (mis)using this digital printing press via collusion among the Federal Reserve, Treasury, and the Federal Government to disguise the simple truth that America is bankrupt and incapable of meeting its present and future obligations absent unlimited and unending monetization.
The “disintegration” of global capitalism could unleash world war 3, warns top EU economist

## Japan ##

## US ##
There was a time when the soft glow of barn lights dotted Wisconsin’s rural landscape like stars in a constellation, connecting families who labored into the night milking cows, feeding calves and finishing chores. Hundreds of those barns are dark now, the cows gone, the hum of milking machines silenced.
Military spouses experience high stress and unemployment, report says
Suck it up, peons. -- RF

1 comment:

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