Posts
## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
It Starts: Apple Throws Revenue Guidance Out the Window, on Supply Chain Woes & Sales Collapse in China
This will become an often-played tune over the next few months, delineating how dependent Corporate America has become on China.
This will become an often-played tune over the next few months, delineating how dependent Corporate America has become on China.
The World Is Awash in Oil, False Assurances, Magical Thinking and Complacency as Global Demand Careens Toward a Cliff
This collapse of price will manifest in all sorts of markets that are based on debt-funded purchases of desires rather than a warily prudent priority on needs.
This collapse of price will manifest in all sorts of markets that are based on debt-funded purchases of desires rather than a warily prudent priority on needs.
• Carmageddon
General Motors Better Figure Out How to Stop Shrinking, I mean Globally & Pronto, Before It’s Too Late
GM tries to shrink itself out of trouble. And it shrinks where it wants to grow. But when will it stop before hitting zero? Ugly charts of GM’s global vehicle sales, by region.
General Motors is retreating from Australia, New Zealand and Thailand
GM tries to shrink itself out of trouble. And it shrinks where it wants to grow. But when will it stop before hitting zero? Ugly charts of GM’s global vehicle sales, by region.
General Motors is retreating from Australia, New Zealand and Thailand
## Cut, baby, cut! ##
HSBC to shed assets worth $100 billion and slash 35,000 jobs over three years
Pier 1 Imports bankruptcy: Chain files for Chapter 11 as it continues closure of up to 450 stores
Google Cloud cuts jobs in restructure, despite growth
Pier 1 Imports bankruptcy: Chain files for Chapter 11 as it continues closure of up to 450 stores
Google Cloud cuts jobs in restructure, despite growth
## War on cash/cashless society/cryptocurrencies ##
UK digital bank Monzo plans to hire 500 and relaunch paid accounts
Blow To Bitcoin As ‘Significant’ U.S. Crypto Crackdown Suddenly Revealed
A backlash may have killed the cashless store, but retailers are still betting on futuristic payments innovations
A backlash may have killed the cashless store, but retailers are still betting on futuristic payments innovations
## Airline death spiral ##
Cathay Pacific flags 'significant' drop in first-half profit, capacity cuts due to coronavirus
Cathay Pacific flags 'significant' drop in first-half profit, capacity cuts due to coronavirus
Singapore Airlines to cut flights as coronavirus epidemic hits demand
## Fault lines/flashpoints/powder kegs/military/war drums ##
EU must develop 'appetite for power', Borrell says
## Fault lines/flashpoints/powder kegs/military/war drums ##
EU must develop 'appetite for power', Borrell says
The report did not indicate whether weapons intended for vetted groups may have found their ways into the wrong hands.
## Migrants/refugees ##
On Greek mainland, locals stonewall migrant relocations
## Global unrest/mob rule/angry people/torches and pitchforks ##
Talks begin in Canada as CN rail blockade enters 10th day
Climate protesters dig up Cambridge college's lawn
On Greek mainland, locals stonewall migrant relocations
## Global unrest/mob rule/angry people/torches and pitchforks ##
Talks begin in Canada as CN rail blockade enters 10th day
Climate protesters dig up Cambridge college's lawn
Thousands of Oracle employees protest Larry Ellison’s Trump campaign fundraiser
## Energy/resources ##
## Energy/resources ##
India in talks with Russia for long-term import of crude oil
Petrobras Keeps Contingency Plan As Oil Strike Set To Enter Third Week
## Intelligence/security/
Assange’s Extradition Case: Critical Moment for the Antiwar Movement
## China ##
## US ##
Petrobras Keeps Contingency Plan As Oil Strike Set To Enter Third Week
The return of resource nationalism
US Says Latest Sanctions Have Finally Thwarted Russia-Germany NS2 Gas Pipeline
Many signs of peak oil and decline
US Says Latest Sanctions Have Finally Thwarted Russia-Germany NS2 Gas Pipeline
Many signs of peak oil and decline
Here's another person who thinks he could become an instant farmer because, supposedly, growing food is so easy that any idiot can do it. We can hope that, post-SHTF, Bloomberg will be thrust into a situation where he has to grow his own. Then he'll find out how easy it is to farm. -- RF
Locust swarms: South Sudan latest to be hit by invasion
## Solutions ##
Breakdown or breakthrough? Degrowth and the Great Transition
We have already surpassed the known limits to growth, so degrowth is our only option.
Degrowth: Coming right up! -- RF
What survivalists say you’ll need in case of a coronavirus outbreak
## Solutions ##
Breakdown or breakthrough? Degrowth and the Great Transition
We have already surpassed the known limits to growth, so degrowth is our only option.
Degrowth: Coming right up! -- RF
What survivalists say you’ll need in case of a coronavirus outbreak
## Environment/health ##
Climate change could make premiums unaffordable: QBE Insurance
Australia’s QBE Insurance Group (QBE.AX) said on Monday climate change could make some premiums unaffordable, especially for customers exposed to extreme weather events, and was a “material risk” for its operations across the globe.
Climate change could make premiums unaffordable: QBE Insurance
Australia’s QBE Insurance Group (QBE.AX) said on Monday climate change could make some premiums unaffordable, especially for customers exposed to extreme weather events, and was a “material risk” for its operations across the globe.
“In many people’s eyes, animals are living for man, not sharing the earth with man,” said Wang Song, a retired researcher of Zoology at the Chinese Academy of Sciences.
Before jumping on the criticize-China bandwagon, it's useful to recall that there is an analog in the belief, held by many Christians in the West, that humans have "dominion" over other creatures. Few modern humans believe they are "sharing" the planet with non-humans. -- RF
Before jumping on the criticize-China bandwagon, it's useful to recall that there is an analog in the belief, held by many Christians in the West, that humans have "dominion" over other creatures. Few modern humans believe they are "sharing" the planet with non-humans. -- RF
China virus threatens global antibiotics supply: European business group
Radiation treatment taxes heart, lungs, energy levels
Radiation treatment taxes heart, lungs, energy levels
Smog veils Central Asia cities as smoky stoves choke locals
Half-a-million mussels cooked to death in waters off New Zealand
The climate crisis has given us another casualty. Nearly 500,000 dead green-lipped mussels washed up on a beach in New Zealand after being cooked alive by rising ocean temperatures.
Bee-killing pesticides could be banned in Minnesota under new bill
Half-a-million mussels cooked to death in waters off New Zealand
The climate crisis has given us another casualty. Nearly 500,000 dead green-lipped mussels washed up on a beach in New Zealand after being cooked alive by rising ocean temperatures.
Bee-killing pesticides could be banned in Minnesota under new bill
India's bird population 'going down sharply'
• Coronavirus
• Coronavirus
## Intelligence/security/
Assange’s Extradition Case: Critical Moment for the Antiwar Movement
Julian Assange Must Be Freed, Not Betrayed
When Julian Assange steps into Woolwich Crown Court on Feb. 24, true journalism will be the only crime on trial
When Julian Assange steps into Woolwich Crown Court on Feb. 24, true journalism will be the only crime on trial
What A Shame: Legacy Newspapers Want To Take Away Free Speech On The Internet
## Systemic breakdown/collapse/
The Return of the Black Death? Can the Coronavirus Cause a Population Crash?
Indeed, the world population is already stressed by heavy pollution, low-intensity wars, net energy decline, and a rapidly failing global economy. At the least, the virus is aggravating these existing problems, which will likely lead to many secondary deaths. -- RF
Would We Still Have Power and Water If We Had a Massive Coronavirus Quarantine in the US?
## Japan ##
Japan’s economy shrinks at fastest pace in 6 years, virus clouds outlook
## Systemic breakdown/collapse/
The Return of the Black Death? Can the Coronavirus Cause a Population Crash?
Indeed, the world population is already stressed by heavy pollution, low-intensity wars, net energy decline, and a rapidly failing global economy. At the least, the virus is aggravating these existing problems, which will likely lead to many secondary deaths. -- RF
Would We Still Have Power and Water If We Had a Massive Coronavirus Quarantine in the US?
## Japan ##
Japan’s economy shrinks at fastest pace in 6 years, virus clouds outlook
Fukushima staff could use raincoats as virus threatens gear production
Workers at Japan's crippled Fukushima nuclear plant may need to wear plastic raincoats as the coronavirus outbreak threatens production of protective suits in China, the operator warned on Tuesday.
Workers at Japan's crippled Fukushima nuclear plant may need to wear plastic raincoats as the coronavirus outbreak threatens production of protective suits in China, the operator warned on Tuesday.
All virus-free Diamond Princess passengers could leave ship by Friday
Abe urges people with cold-like symptoms to avoid work, school
Abe urges people with cold-like symptoms to avoid work, school
## China ##
China postpones year’s biggest political gathering amid coronavirus outbreak
Fast-food companies in China step up ‘contactless’ pickup, delivery as coronavirus rages
Fast-food companies in China step up ‘contactless’ pickup, delivery as coronavirus rages
China is sterilizing cash in an attempt to stop the coronavirus spreading
Coronavirus death toll in China rises to 1,868 as epicentre reports 93 new fatalities
Coronavirus death toll in China rises to 1,868 as epicentre reports 93 new fatalities
Storm Dennis: Heavier rainfall is ‘100% for certain’ linked to climate crisis, experts warn
Storm Dennis: ‘Bleak irony’ as youth climate change conference cancelled due to extreme weather
Storm Dennis: ‘Bleak irony’ as youth climate change conference cancelled due to extreme weather
## US ##
The Cass Freight Shipping Index is down 9.4% year-over-year, the largest decline since 2009. And this is for January, before the Coronavirus disruption.
Illinoisans Are Overwhelmed By "Shadow Mortgage" Of Pension Debts
Illinoisans Are Overwhelmed By "Shadow Mortgage" Of Pension Debts
Since 2010, 121 rural hospitals have closed. The National Rural Health Association says more than one-third of all rural U.S. hospitals are at serious risk of shutting down.
Real Earnings Have Gone Nowhere For a Full Year
Real Earnings Have Gone Nowhere For a Full Year
Real hourly wages have risen but average hours worked fell. The combination leaves the average worker no better off.
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