Rice Farmer - Evening Edition
Global Ponzi meltdown/House of Cards
"With just three per cent of all financial transactions involving cash, country moves to eliminate physical legal tender."
Even a short power outage will cripple this system. What happens when the blackouts come? -- RF
I'm not an astrology buff, but there's a high possibility they are calling this right. -- RF
Airline Death Spiral
"The departure of Mr. Ridgway, 62, comes amid a big shake-out in Europe's airline sector this year as high fuel costs and growing competition on domestic and regional routes from lower-cost budget carriers have contributed to the financial collapse of a number of small airlines and left many of the region's major flag carriers nursing steep losses."
Fault lines/flashpoints/powder kegs/military/war drums
"Japanese Prime Minister Yoshihiko Noda and Chinese President Hu Jintao met briefly on Sunday after weeks of tension over a territorial dispute, with Japan calling for the neighbours to deepen mutually beneficial relations, Japanese media said."
"In an obscure working document, the European Commission has announced it is working on plans to open European civil airspace to unmanned drones by 2016."
Global unrest/mob rule/angry people/torches and pitchforks
All these articles — this one included — miss the important point that the pesticides and chemical fertilizers are made and delivered by an unsustainable system. -- RF
"New allowances announced by chancellor George Osborne to ease the tax burden on North Sea oil and gas operators seeking to extend the life of declining fields have been welcomed by industry."
Jenna Orkin - Morning Edition
A new drug to counter the effects of the old drug doesn't cure the disease . - JO
You know it's bad when we have to terraform Earth. We are all in for some weird weather. This is going to be a long and extremely bumpy ride. -- Collapse Network Staff
Keep piling on those billions and maybe the Senate will actually come up with some results. - JO
The investigation into JP Morgan is like getting a DUI. Lot's of people drive drunk; it is about who get's caught. The deterrence is the severity of the penalty. The Senate probe is going to determine the severity of the penalty. If it is a slap on the wrist or a finger-wag then expect the behavior to continue. If the Senate can find it's backbone and issue jail time, then expect other banks to think twice. Bankers will do what they think they can get away with. The last thing they want is to lose it all and have to share a prison cell with other criminals. -- Collapse Network Staff
"Gordon Chang, author of "The Coming Collapse of China," told CNBC's "Fast Money" pros that electricity output points to zero Chinese growth."
Texans in the school district's area should take some notes from the Greeks. See below. If the school is allowed to do this in the name of safety, then what is to stop the government from doing so in your drivers license?.-- Collapse Network Staff
Who controls what is and what is not recorded?
What are the elevation, zoom, and security limitations?
Who is flying them? and,
When are the mobs, drug dealers, and gang bangers going to get theirs? Is there an armed version available?
We know law enforcement agencies already have their own. It is the next evolution in crime, forced by necessity.-- Collapse Network Staff
The movies Inception, The Matrix, and Total Recall, don't seem so fictional anymore. Our senses (touch, smell, sight, hearing, and taste) are chemical stimuli converted into electrical signals in the brain. Scientists are getting much better at understanding this process, and as the article explains, being able to successfully control them. Like with most things, there are good and bad applications for this... time will tell. -- Collapse Network Staff
The Greeks are partly responsible for their current circumstance, just as we all are in our own countries. But the burden of bills racked up by government cronies and bankers should not be placed on the entire citizenry. The austerity measures are turning Greece into an island debters prison. All for a debt spent mostly on a few elites but written in the name of the rest of the population. Those in the streets have the conviction to march and say, "no!" As the saying goes, the powerful only fear only one thing: people in the streets. The only way to stop a bully is to stand up to them. -- Collapse Network Staff