1. China is focusing on Japanese war crimes to stir up sentiment in preparation for more direct actions, says Michael Yon. Writing in online magazine Japan Forward, he looks at the WW2 crimes and claims to find much exaggeration and false accusation.
"China is leading a deadly information war. The first target is Japan. The ultimate target is the United States. For more than two years, our research team and I have been warning that a Chinese radicalization program will lead to terrorism against Japanese. These predictions are proving true..."
2. An article on Zero Hedge looks at the effect of low interest rates on the Australian banking sector and warns of multiple bankruptcies: