Friday 9 January 2015

Headlines - 01/09/2015

## Global Ponzi meltdown/House of Cards ##
The slow-down in Singapore's property market has reduced high-end condominium prices and raised concerns that major local banks could be vulnerable to a surge in non-performing housing loans.

## Airline Death Spiral ##

## Fault lines/flashpoints/powder kegs/military/war drums ##

## Global unrest/mob rule/angry people/torches and pitchforks ##

## Energy/resources ##
BP’s downsizing plan will likely result in cuts to management teams in the south-east for its North Sea operations
Sweden's Lundin Petroleum announced Wednesday that its 2015 development, appraisal and exploration budget will be almost one-third lower than last year's budget.
The problem is that oil prices won’t rise until there is a cutback in production. But with more debt to pay off, no company can afford to reduce production now. Indeed, drillers are even more desperate to maintain or boost production so that they can substitute lost value with more volume.
Rig activity drawn down by 60 percent from fourth quarter 2014.

## Got food? ##

## Environment/health ##

## Intelligence/propaganda/security/internet/cyberwar ##

## Systemic breakdown/collapse/unsustainability ##

## Japan ##

## China ##

## UK ##

## US ##
More people with low incomes now live outside of cities, and some areas are ill-equipped to deal with the influx of the poor.

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