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'Warned 2000 tech slide; predicted 2008 meltdown in 2007. Forecasted 2020 global economic collapse in 2011, AND NOW- BY 2050 - THE MOTHER OF ALL CRASHES"

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#TROUBLE AHEAD AS #ICE SHELF DEVASTATED IN #ANTARCTIC

 REUTERS Thinning Antarctic ice shelf finally crumbles after heatwave By  Isla Binnie March 25 (Reuters) - An East Antarctica ice shelf disi...

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Tuesday, July 5, 2016

Oil Spills Making Amazon Water Sources Deadly

 


Despite barriers of wood and plastic set up to contain crude oil that spilled from a pipeline near Chiriaco, heavy rains washed oil downstream to the Chiriaco and Marañón rivers. Photo by Barbara Fraser.

Amazon oil spill puts Peruvian communities at risk


 A new oil spill from the pipeline that carries crude oil from the northern Peruvian Amazon across the Andes Mountains to the Pacific coast has raised fears of yet more pollution of the water and fish on which indigenous villages and riverside communities depend.

The spill is the third major one since January along the 40-year-old pipeline, where more than 20 have occurred in the past five years, according to government figures.
Villagers reported seeing oil on June 24, but as in the other recent spills, the pipe may have been leaking for days before the oil reached the Marañón River, where local residents noticed and reported it.
The state-run oil company Petroperú, which operates the pipeline, and the government’s Environmental Evaluation and Oversight Office (Organismo de Evaluación y Fiscalización Ambiental, OEFA) reported on June 25 that they had teams at the spill site seeking the cause and evaluating damage. Spokesmen said they did not yet have details of the extent of the spill, which reportedly affected the riverside communities of Bagazán and Angamos.


Wrecked Jet Stream Now Runs From Pole-to-Pole

The circle in the middle shows where the upper zonal winds are now starting to flow from Siberian across the Equator to West Antarctica. It’s weather weirding due to climate change. Something that would absolutely not happen in a normal world, and if it continues, threatens seasonal integrity.


This worldwide turn toward fear of the Other is globalization’s shadow self.

The “Leave” vote was a rejection of globalization, at least as it’s currently structured. This was a revolt of working class Britons who have seen their postwar prosperity erode around them and their social contract eviscerated by the corporate and financial oligarchy. But it was also the sign of a darker and more sinister worldwide phenomenon: the resurgence of global nativism and xenophobia.

Turkey’s Scholars Call Erdogan’s Presidency Fraud

Though Erdogan grew up in Ataturk’s imposed secular Turkey, he seems all along to have been simply a closeted fundamentalist Sunni, who rose in politics because the Turkish public favored that, more than they favored Ataturk’s imposed separation of church-and-state.



Why Our ‘Recovery’ Is Just Another Bubble 




For the past seven years since the most acute phase of the Global Financial Crisis, economists, financial journalists, and business leaders have bought into the idea that we are in a sustainable global economic recovery. While most will admit that the recovery is a bumpy and uneven one, few actually question the underlying recovery premise itself. Stock, bond, and property prices have soared and exceeded their 2007 highs, tech startups are proliferating everywhere, and the unemployment rate has fallen significantly. People are becoming optimistic again – not in an unbridled, manic way, but in a cautiously optimistic way.
But what if things are not what they really appear to be when you look under the surface? What if our recovery is just smoke and mirrors or another temporary growth bubble? Unfortunately, my extensive research has proven these assertions to be true: our recovery is actually a “Bubblecovery” or bubble-driven economic recovery that will end disastrously. This bubble is driven by a global surge of over $60 trillion worth of brand new debt as governments, consumers, and corporations borrow from the future to stay afloat (and throw a wild growth party in some countries and sectors) in the meantime.

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