Thursday 16 May 2019

Headlines - 15 May, 2019

These stories are from YESTERDAY.

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Asia-Pacific’s billionaire population tumbled last year
The biggest steel companies in the world are bracing themselves for an ugly year, as the recession in the global auto market and continued trade wars pressure the industry.
On gold and the debt bubble we see eye to eye, but I still maintain that cryptocurrencies will go poof when power grids and the internet crash. Power grids and the internet are very fragile, and will eventually succumb to financial collapse, mass unemployment, social unrest, famine, and that major war that I expect. -- RF

## Cut, baby, cut! ##
Air France announces 465 job cuts

## War on cash/cashless society/cryptocurrencies ##
Bitcoin tops $8,000 as it hits highest since July 2018

## Airline death spiral ##

## Fault lines/flashpoints/powder kegs/military/war drums ##
Saudi Oil Tankers Sabotaged, Officials Attempt to Blame Iran
Iran denies involvement; US officials can't find any proof
The Military-Industrial Virus
How bloated defense budgets gut our armed forces
Crisis Begins: Cuba Begins Widespread Rationing Due To Shortages
Last month, the Trump administration imposed new sanctions on Cuba and Venezuela, attempting to tighten the vice on Havana to end its support for Venezuelan president, Nicolas Maduro.
Intelligence and Local Cooperation Guide Precise Houthi Drone Attack on Saudi Pipeline
Saudi and UAE vital strategic targets are all within the range of fire and Houthi sources have warned that they should expect more attacks on their oil infrastructure should the Saudi-led Coalition continue its aggression and siege on the Yemeni people.

## War on Iran ##
Iran Squeezed Between Imperial Psychos and European Cowards (Pepe Escobar)
Berlin, Paris and London assumed Tehran could not afford to leave the JCPOA even if it was not receiving any of the promised economic rewards.  Now the EU3 are facing the hour of truth.
History’s Dire Warning: Beware False-Flag Trigger for Long-Sought War with Iran
Israel’s “false flag” attack on the U.S.S. Liberty in 1967 cost 34 American lives. Dick Cheney planned to disguise U.S. troops as Iranians to fire on American ships to start a war. With Bolton and Israel on the warpath, the risk of another similar act is higher than ever.

## War on Venezuela ##
US Press Reaches All-Time Low on Venezuela Coverage
As famed Latin American author Eduardo Galeano once wrote, “every time the US ‘saves’ a country, it converts it into either an insane asylum or a cemetery.”

Offshore Wind Will Need Bigger Boats. Much Bigger Boats
Only about a dozen ships in the world can install a wind turbine. A shortage is looming—and shipowners don’t know how big the next generation of vessels has to be.
The future will perforce be smaller and low-power. This is an ill-fated attempt to maintain the scale of industrial civilization. -- RF
If you want to come out on top in cutthroat global competition, you need the concentrated energy of fossil fuels. All governments know it. This knowledge underlies the desperate US attempt to control Venezuela'a oil. -- RF
Millions Of Californians Will "Plunge Into Darkness" As PG&E Commits To Cut Power During Wildfire Season

## Environment/health ##

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