News Links, May 11, 2020
## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Global personal luxury goods market set to contract between 20 - 35 percent in 2020
Brazil Auto Production Crumbles In April, Down 99%
Don't do it again! The Swedish experience with negative central bank rates in 2015-2019
Global personal luxury goods market set to contract between 20 - 35 percent in 2020
Brazil Auto Production Crumbles In April, Down 99%
Don't do it again! The Swedish experience with negative central bank rates in 2015-2019
Are We on the Verge of a Global Financial Collapse?
As jobs disappear and our everyday lives are disrupted in the name of flattening the coronavirus curve, a picture of what tomorrow will look like is still too uncertain to make out, but all indications show that we are close to a breaking point.
As jobs disappear and our everyday lives are disrupted in the name of flattening the coronavirus curve, a picture of what tomorrow will look like is still too uncertain to make out, but all indications show that we are close to a breaking point.
## Airline death spiral ##
Do airlines have a post-pandemic future?
Delta, citing health concerns, drops service to 10 US airports.
Delta, citing health concerns, drops service to 10 US airports.
It Gets Rough for US Airlines: Why Buffett Dumped His Airline Stocks Though There Was Blood on the Tarmac, Which Should Have Been a Buy Signal
## Fault lines/flashpoints/powder kegs/military/war drums ##
USS Montgomery, USNS Cesar Chavez enter South China Sea to support drill ship
## Fault lines/flashpoints/powder kegs/military/war drums ##
USS Montgomery, USNS Cesar Chavez enter South China Sea to support drill ship
## Migrants/refugees ##
At least 140 migrants intercepted in English Channel amid bank holiday influx of boats
## Energy/resources ##
Oil Producers May Ditch Old FPSO Offshore Projects In This Downturn
At least 140 migrants intercepted in English Channel amid bank holiday influx of boats
## Energy/resources ##
Oil Producers May Ditch Old FPSO Offshore Projects In This Downturn
America's meat shortage is more serious than your missing hamburgers
The meat supply chain is breaking down, but that's only part of the story.
The meat supply chain is breaking down, but that's only part of the story.
How much longer will supermarket shelves be well-stocked? -- RF
More heavy rainfall hits East Africa amid locust invasion
## Solutions ##
Staying Ahead Of The Shortages: What To Stock Up On For The Coming Year
## Environment/health ##
## Solutions ##
Staying Ahead Of The Shortages: What To Stock Up On For The Coming Year
## Environment/health ##
Scientists say the coronavirus pandemic is the most recent instance of how human degradation of wildlife habitats is linked to the spread of infectious diseases.
AccuWeather increases number of hurricanes predicted for 'very active' Atlantic season
Is 5G Going to Kill Us All?
A new generation of superfast wireless internet is coming soon. But no one can say for sure if it's safe.
## Propaganda/censorship/fake news/alternative facts ##
Debunking Trump's China Nonsense
Trump botched his COVID-19 response disastrously, so now he's giving anti-China conspiracy theories the full weight of the U.S. government.
Is 5G Going to Kill Us All?
A new generation of superfast wireless internet is coming soon. But no one can say for sure if it's safe.
Singling out China is the wrong approach, as fur farms which keep animals in crowded conditions can be found in many countries. Ditto for cattle, chickens, and other domestic animals kept in crowded conditions. -- RF
• Coronavirus
Russia Is Boasting About Low Coronavirus Deaths. The Numbers Are Deceiving.
Increasing transparency by Russian officials shows that 233% more coronavirus-positive patients died in at least two regions than reported in the total count. But the country stands by its classification method.
Increasing transparency by Russian officials shows that 233% more coronavirus-positive patients died in at least two regions than reported in the total count. But the country stands by its classification method.
The World Health Organization has dismissed as "false allegations" a media report that it withheld information about the new coronavirus following pressure from China.
## Intelligence/security/internet/cyberwar ##
## Intelligence/security/internet/cyberwar ##
New House Documents Sow Further Doubt That Russia Hacked the DNC — Twin Pillars of Russiagate Crumble
For two and a half years the House Intelligence Committee knew CrowdStrike didn't have the goods on Russia. Now the public knows too.
Venezuela Seeks Extradition of US Veteran Tied to Plot
For two and a half years the House Intelligence Committee knew CrowdStrike didn't have the goods on Russia. Now the public knows too.
Venezuela Seeks Extradition of US Veteran Tied to Plot
## Propaganda/censorship/fake news/alternative facts ##
Debunking Trump's China Nonsense
Trump botched his COVID-19 response disastrously, so now he's giving anti-China conspiracy theories the full weight of the U.S. government.
In Japan, pandemic brings outbreaks of bullying, ostracism
## China ##
The Secret Behind China's Battery Dominance
## China ##
The Secret Behind China's Battery Dominance
China faces historic test as pandemic stokes fears of looming unemployment crisis
China tries to calm 'nationalist fever' as calls for invasion of Taiwan grow
China tries to calm 'nationalist fever' as calls for invasion of Taiwan grow
UK commuters face cycling or walking to work once lockdown is eased
More commuters should consider cycling or walking when Britain's coronavirus lockdown is eased to take the pressure off public transport capacity that is likely to drop by 90% under social distancing requirements, Transport Minister Grant Shapps said on Saturday.
More commuters should consider cycling or walking when Britain's coronavirus lockdown is eased to take the pressure off public transport capacity that is likely to drop by 90% under social distancing requirements, Transport Minister Grant Shapps said on Saturday.
Have you planted your victory garden? -- RF
4 coronavirus stimulus packages. $2.4 trillion in funding. See what that means to the national debt.
No 'V'-shape return from devastating U.S. job loss, Fed policymakers say
No 'V'-shape return from devastating U.S. job loss, Fed policymakers say
So how were consumers positioned going into this crisis? Many of them, up to their eyeballs in debt.
A 6.4 Million Discrepancy Between Employment and Unemployment
A 6.4 Million Discrepancy Between Employment and Unemployment
To maintain "data integrity" the BLS reported a number known to be bogus.
Coronavirus: The "Rescue" Is Stealing Your Wealth
The elites get richer and we lose our jobs & future prospects
The elites get richer and we lose our jobs & future prospects
Uber axes 3,700 staff as trips drop in lockdowns
A distinct possibility: 'Temporary' layoffs may be permanent
'Our life is in danger': Unemployment hits 34% in Hawaii with no end in sight
A distinct possibility: 'Temporary' layoffs may be permanent
'Our life is in danger': Unemployment hits 34% in Hawaii with no end in sight
American companies spent years in an economic boom. Then the coronavirus hit
US Defense Firms Hiring Thousands Amid Record Unemployment
New York State Tries to Suspend Democracy; NYT and WaPo Shrug
US Defense Firms Hiring Thousands Amid Record Unemployment
New York State Tries to Suspend Democracy; NYT and WaPo Shrug
• Coronavirus
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