Posts
## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Argentina imposes currency controls as its economic crisis deepens
Argentina imposes currency controls as its economic crisis deepens
Argentines wait at banks to withdraw cash as currency controls kick in
Almost half of top quality euro corp bonds have sub-zero yields - Tradeweb
Major Supply Chain Disruptions Coming: Thank Trump
Almost half of top quality euro corp bonds have sub-zero yields - Tradeweb
Major Supply Chain Disruptions Coming: Thank Trump
The dollar will not be replaced as the global currency anytime soon. At the same time, the tentative measures that countries are taking to reduce their dependency on the dollar show they are anticipating that a post-America era is in the making. This trend is bound to strengthen now that the U.S. is regarded as an increasingly fickle opponent and unpredictable ally.
Trump is only hastening the inevitable. -- RF
## Cut, baby, cut! ##
Sears Layoffs 2019: 'Massive Layoffs' Expected In California, While Hundreds Lose Jobs In Illinois
Sears Layoffs 2019: 'Massive Layoffs' Expected In California, While Hundreds Lose Jobs In Illinois
## War on cash/cashless society/cryptocurrencies ##
Banks reported hundreds of major IT glitches last year
U.S. Adoption of Mobile Payments Still Lackluster
Mobile payments simply aren't that much more convenient than good old-fashioned plastic.
Dutch central bank to regulate crypto firms from January 10, orders them to register
U.S. Adoption of Mobile Payments Still Lackluster
Mobile payments simply aren't that much more convenient than good old-fashioned plastic.
Dutch central bank to regulate crypto firms from January 10, orders them to register
## Airline death spiral ##
France air-traffic control failure: Flights across Europe grounded and delayed after catastrophic outage
France air-traffic control failure: Flights across Europe grounded and delayed after catastrophic outage
## Fault lines/flashpoints/powder kegs/military/war drums ##
U.S. to withdraw 5,000 troops from Afghanistan, close bases: U.S. negotiator
Coming Soon to a Battlefield: Robots That Can Kill
Tomorrow’s wars will be faster, more high-tech, and less human than ever before. Welcome to a new era of machine-driven warfare.
Tomorrow’s wars will be faster, more high-tech, and less human than ever before. Welcome to a new era of machine-driven warfare.
• War on Venezuela
Hausmann hypocrisy: Guaido coup official raked in dollars from dictators and banking behemoths while promoting ‘democracy’ for Venezuela
Ricardo Hausmann slammed banks for doing business with Venezuela’s elected government. But financial disclosure forms filed with Harvard show the putsch-plotting economist earned fees from kings, dictators, and military occupiers.
Ricardo Hausmann slammed banks for doing business with Venezuela’s elected government. But financial disclosure forms filed with Harvard show the putsch-plotting economist earned fees from kings, dictators, and military occupiers.
• War on Iran
Iran Offers EU Two Options To Keep Nuclear Deal In Place
Iran Says France Offered $15B Oil Pre-Purchases Credit Line
Iran Says France Offered $15B Oil Pre-Purchases Credit Line
## Energy/resources ##
Hunger for concrete eats away at mountains
Shale revolution: Oil And Gas Bankruptcies To Accelerate As $137 Billion Debt Matures Over Next Two Years
Lower oil prices and ongoing financial stress in the U.S. shale industry are creating headwinds for drillers, and it appears increasingly likely that supply growth could undershoot forecasts.
## Got food? ##
This new study calculates the amount of extra food the world produces due to waste and overeating
This new study calculates the amount of extra food the world produces due to waste and overeating
The global obesity epidemic is also an environmental catastrophe, scientists have warned
Well worth reading. And bear in mind that overproduction and overeating will turn into underproduction and food scarcity in a heartbeat. Are you ready? -- RF
## Environment/health ##
The country disappearing under rising tides
Rising sea levels are making traditional ways of life impossible. Rural Bangladeshis are having to adapt to survive.
Slave to sachets: How poverty worsens the plastics crisis in the Philippines
Busting The Myth Of The World’s Hottest Electric Car Market
Busting The Myth Of The World’s Hottest Electric Car Market
Is Elon Musk Right About Global "Population Collapse"?
## Intelligence/security/
## Intelligence/security/
Hong Kong Rioters Wage Sabotage Campaign To Press Congress Into Punishing China
A Society Is Only As Free As Its Most Troublesome Political Dissident
A Society Is Only As Free As Its Most Troublesome Political Dissident
The Extortion Economy: How Insurance Companies Are Fueling a Rise in Ransomware Attacks
Even when public agencies and companies hit by ransomware could recover their files on their own, insurers prefer to pay the ransom. Why? The attacks are good for business.
Even when public agencies and companies hit by ransomware could recover their files on their own, insurers prefer to pay the ransom. Why? The attacks are good for business.
## Systemic breakdown/collapse/
Falling From Grace: Empires fall from grace with alarming speed
Why a hipster, vegan, green start-up service economy lifestyle cannot be sustainable
Falling From Grace: Empires fall from grace with alarming speed
Why a hipster, vegan, green start-up service economy lifestyle cannot be sustainable
## Japan ##
Okinawa special police unit to deal with intruders
Japan's National Police Agency will deploy its first special unit in Okinawa in fiscal 2020 to deal with intruders on remote islands near the country's borders.
The Solomon Islands, one of Taiwan’s few remaining diplomatic allies, has formed a team of ministers to talk to Beijing ahead of a possible switch in ties that could be unveiled as early as this week, the chief of a parliamentary panel said.
• War on Huawei
## UK ##
NatWest and RBS websites down: Online banking outage hits users across UK
British government unveils ‘Get ready for Brexit’ ad campaign as food shortage fears accelerate
Not surprising, as increasing debt is necessary for economic growth. -- RF
Slide In Corporate Profits Suggests Recession May Have Already Started
Slide In Corporate Profits Suggests Recession May Have Already Started
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