Friday, 18 October 2019

Global headlines - 18 October, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
‘Awfully high’ risks of a global recession in the next 12-18 months, Moody’s chief economist says
Apartheid in the global governance system
In my research I have argued that rising global inequality is driven in large part by power imbalances in the global economy, in that rich countries have disproportionate influence when it comes to setting the rules of international trade and finance.

## Airline death spiral ##
Airlines slam proposals to ban air mile programs and tax frequent flyers

## Global unrest/mob rule/angry people/torches and pitchforks ##
Pro-democracy lawmakers heckle Hong Kong leader, disrupting her annual policy speech
Ironically, the true purpose of US sanctions and intervention is to seize control of Venezuela's oil. Ultimately, who will come out on top? -- RF
Electric Vehicle Adoption Overshadowed By SUV Boom
There are now 200 million SUVs on the roads globally, up from 35 million in 2010, according to data the International Energy Agency (IEA). In fact, 60 percent of the increase of the global vehicle fleet since 2010 came from SUVs.
The lesson here is that no one country can control the entire world. And that's a good thing. -- RF
Birol needs to have his head examined. -- RF
Better batteries and more charging stations will excite many people, but these are of relatively little importance. What really matters is the energy sources used for charging. -- RF
Nearly a million children could lose their automatic eligibility for free school lunches under a Trump administration proposal that would reduce the number of people who get food stamps.
Study: 95 percent of baby food contains traces of toxic metals

## Environment/health ##
Trump administration proposes increasing logging in Tongass National Forest

Note: It was not a nuclear propulsion system that was being tested. -- RF

• War on Julian Assange

## Systemic breakdown/collapse/unsustainability ##
Ecomodernism is just looking at the failing industrial system through green-colored glasses. -- RF
The Age of Radical Evil (Chris Hedges)
They are planning for earthquakes, but there is a far greater (virtually 100%) probability of financial collapse, triggering the collapse of regional economies, societies, and of course industrial civilization itself. Most people will never get any help at all. -- RF

## Japan ##
Typhoon Hagibis rises to 73; 14 unaccounted for in Japan
IOC wants to move Tokyo Olympic marathons, walking races to Sapporo
Amid concern about the expected searing heat in Tokyo, the IOC wants to move the 2020 Olympic marathons 800 kilometers north to find cooler and safer race conditions.
But the need to create more consumers and tax donkeys shouldn't be the reason for helping children in poverty. -- RF
Sham is smashed in the head with hammers and spanners by at least four assailants who then flee in a car
A recent Gallup poll found that while 80% of Americans live in urban areas, only 12% said they want to live there. Asked where they would live if they had their choice, the top response was a rural area.
IRS: Sorry, but It’s Just Easier and Cheaper to Audit the Poor
Congress asked the IRS to report on why it audits the poor more than the affluent. Its response is that it doesn’t have enough money and people to audit the wealthy properly. So it’s not going to.
US State Department says the move is an effort to get Beijing to relax restrictions on American diplomats in China
America 2020 Through 2040...The Era Of The 80+ Year-Old
So, millennials are not going to solve the demographics problem, after all. And net energy decline ensures that fertility rates around the world will continue to be pressured. -- RF
And finally...

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