Category Archives: Finance

November 11, 2024 · 18:19

The unspoken truth

That is a setting we relish and fear. There is no escaping it. When some people relish the setting of total freedom, they also fear how some people might abuse that same level of freedom. We applaud the freedom of speech, but we also fear the people that abuse it, like ‘Just Stop Oil’ for example. There was an advertisement the other day. The setting was an art exhibit and two “oilers” step up to defile a work of art. Then we see a middle aged man walk up to them and shoot them in the head, a simple execution. And for a lot of them (including me) there was a sense of calm, a satisfying feeling. These abusers of ‘freedom’ were dealt with. The future innocent art was saved. The art defilers were dealt with. That is the consequence of ‘freedom of speech’, you need to be held accountable. It refers to the very beginning of my blog. On June 19th 2012 I wrote ‘The accountability act – 2015’ in this I wrote “Why 2015? Well an act like this does not grow out of a goose feather and ink jar over night. If we think of a law that could make a real change, and would be a real stop to some of the acts of greed, then it will take time and a lot of effort too.” I gave the powers that could be 3 years to get their act together. As far as I know they never did. And this reverts to a new case, an act that happened that happened on 7 October 2023. The BBC (at https://www.bbc.com/news/articles/cj4vw1l8xvdo) gave us ‘Gaza’s top Islamic scholar issues fatwa criticising 7 October attack’ where we see “Professor Dr Salman al-Dayah, a former dean of the Faculty of Sharia and Law at the Hamas-affiliated Islamic University of Gaza, is one of the region’s most respected religious authorities, so his legal opinion carries significant weight among Gaza’s two million population, which is predominantly Sunni Muslim.” 

The world no matter how it is tweaked by the greed driven need for digital dollars, has had enough of the media at large. There is a (seemingly) staged setting that the world of Sunni Islam is seeing the fallout the world is having. It is happening in nearly all countries in the world. Shia Islam has embraced Terrorism in Lebanon (Hezbollah), Gaza (Hamas) and Yemen (Houthi) and the world is basically fed up with this path. Now we see the BBC story and there is a chance that Sunni Islam is isolating Shia Islam and this stage could be used to isolate and invalidate Iran. So as we are given “A fatwa is a non-binding Islamic legal ruling from a respected religious scholar usually based on the Quran or the Sunnah – the sayings and practices of the Prophet Muhammad. Dr Dayah’s fatwa, which was published in a detailed six-page document, criticises Hamas for what he calls “violating Islamic principles governing jihad”.” There is a chance that the Gazan population have had enough of Hamas to the larger degree and this paper might push them to the curve of decisions. Lets see the impact On October 10th we were given “An estimated 75,000 tonnes of explosives have been dropped on Gaza with experts predicting it could take years to clear the debris amounting to more than 42 million tonnes, which is also rife with unexploded bombs. Gaza’s Media Office estimates direct damage caused by Israel’s attacks on the Gaza Strip at $33bn.” Now as I personally see it, the Gaza Media Office is not impartial and their data is debatable. But we also get from Unitar on September 30th we were given “Those 66% of damaged buildings in the Gaza Strip account for 163,778 structures in total. This includes 52,564 structures that have been destroyed, 18,913 severely damaged, 35,591 possibly damaged structures and 56,710 moderately affected.” I feel that this needs to be scrutinised to a much larger degree. The media uses it for digital dollars, they are willing to obfuscate the data as much as they can, but clarity could resolve a lot of issues and Dr Dayah’s fatwa could be a first step to do just that. For the people in Gaza it is imperative that they get clarity. Hamas will not give that. How many people were living in these 163,788 buildings? And this Fatwa was the one thing Iran did not count on. The Iranians are in a bind. They opened the door for Israel to attack them directly, attack their oil reserves. The oil reserves enable the terrorist acts of Iran and when these are gone Iran is in a stale mate with no option but to handover all they thought they gained. The first being the isolation of three terrorist organisation. It will isolate Iran to the largest of degrees and with that gone so do their ‘allies’ China, India and Russia. Russia might hold on as they have other needs, but without oil India and China are pretty much out. It is my personal view on the matter, however this could start a new wave. One that invalidates Iran and give the stability and powers for Saudi Arabia and the United Arab Emirates to create a new foundation of stability. And lets be clear (and optionally honest) do you really want Iran, the country that embraced terrorism for decades to the largest degree at that table?

This is the setting we are pushed into and lets all hope that it works out for the best. Have a great Monday.

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November 9, 2024 · 21:56

The easy lesson

The easiest lesson is too often forgotten and I fail to see why. This all started with some article on the Apple Global Vision Pro. And in 2009 Timmy the Cook gave us “We believe that we are on the face of the earth to make great products and that’s not changing. We are constantly focusing on innovating. We believe in the simple not the complex. We believe that we need to own and control the primary technologies behind the products that we make, and participate only in markets where we can make a significant contribution. We believe in saying no to thousands of projects, so that we can really focus on the few that are truly important and meaningful to us. We believe in deep collaboration and cross-pollination of our groups, which allow us to innovate in a way that others cannot. And frankly, we don’t settle for anything less than excellence in every group in the company, and we have the self-honesty to admit when we’re wrong and the courage to change. And I think regardless of who is in what job those values are so embedded in this company that Apple will do extremely well.” Yes, but at that point he forgot the golden rule of managing the ultimate golden Trump card. It is not the orange flavoured person, it is the issue to impress. I merely came upon this idea in less than an hour. It took me the greater part of 3600 seconds to reengineer an existing idea to cater to the Apple Vision Pro. It takes a conversation that Timmy the Cook needs to have with his half brother (Timmy Horton) to sit down and get us all a newly roasted coffee and get them talking. The idea I have is a jump to the side of these people and the other player can create a new setting to impress the entire Apple community. Is it possible? Yes, it is. Actually Nintendo did something similar several years ago, this idea has some reference to it and mostly it will be about the wow factor. It is entertainment in a different direction, but it will be an idea that can wow an audience. This and the freedom that it imposes will give the audience a rather large new setting. It might not be enough, but it gives the current audience a nice boost.

And in this I saw “Demand for Apple’s Vision Pro mixed reality headset is said to be so low that production could be discontinued by the end of the year. According to The Information, Apple is said to have already significantly reduced production of the Vision Pro in early summer 2024.” this is the view we see a few months ago, a view that seems stellar against “Reports suggest that development on Vision Pro began in late 2015, and from that time until WWDC, Apple filed for over twenty thousand worldwide patents and spent about $130 billion on R&D.” And this is the sight we see where Apple missed the ball (as I personally see it). They forgot the first order of business, how to wow an audience. Perhaps Timmy was tired of listening to people in the sway of Microsoft, he has probably heard it all before and the laughable situation is that we have seen this before. You see someone else faced this in 1985 and in two years it turned the ship around. That was an essential lesson. The Apple Vision Pro cannot use that idea (likely too expensive) but it has  another arrow in its quilt. It can do something different and it needs one participant to agree on this. I think they will do it as it is something that hasn’t been done before. In the world of software the one idea that others cannot walk is the path that redefines a market, it has been done before and Apple might do well to consider the path that Microsoft and Ubisoft are unable to walk. It is probably the first time that they are left behind in multiple fields and it took me one hour to come up with this. A setting that seemingly no one decided to walk (Microsoft is likely too mediocre to do it). And it had a larger audience too, you see there is every chance that someone similar “Meta’s Reality Labs Achieves Record Q4 Revenue Surpassing $1 Billion, Driven by Strong Sales of Quest Headsets and Ray-Ban Meta Smart Glasses. Meta’s metaverse arm, Reality Labs, reported a remarkable Q4 2023 with revenue exceeding $1 billion, the highest in its history.” And that is probably the number two player it can entice. So there is a market ready to yield to more than it has and it took me one hour to get the idea rolling, so how many high paying bosses got caught short on this? It merely took an alternative view on the problem.

And in this day and age where we are given “Apple is laying off dozens of employees as part of rare cutbacks at the tech giant that will primarily impact employees in its services division.” and they are not alone. Meta, Google, Amazon, Microsoft, they are all cutting back and whilst some people think that is crazy, the clear path is often sought in any place of appealing to investors. Yet it took me an hour to find a solution (in this case), I got several other ploys created in a day (including one that offered Tencent an initial additional 50 million consoles) and no one figured on why. Well, in case of Microsoft it makes sense, they rarely are on the upside of innovation, no matter how they spin this, they are merely champions of mediocracy. But Apple, they have options. It merely took one guy who can see the elements on look to think “What if we do…” and that was all it took folks. So dream big, imagine big and good things might happen to you when the right people are looking. By the way feel free to ignore the blatant idiots relying on golden words and a simple “I’ll do right by you”, they are useless and only cater to their own needs. 

Have a great Saturday. My Sunday is a mere 155 minutes away.

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November 8, 2024 · 21:00

All the way from Ottawa

Yup, that was the question mark that I had. I saw it at the CBC (at https://www.cbc.ca/news/politics/guilbeault-china-saudi-arabia-climate-1.7376007) where we get ‘China, Saudi Arabia should pay up to help the planet cope with climate change: Guilbeault’ OK, I like my sarcasm with plenty of Maple Syrup (a personal choice). A wholesome breakfast as it says. We are given “Guilbeault wants emerging economies to contribute to a new climate goal”. This sounds nice on paper, but it doesn’t hold the pastrami. I feel uneasy as the idea sounds nice, but it seems to have all kinds of unforeseen complications. And as we consider “Environment Minister Steven Guilbeault said Wednesday he wants China and Saudi Arabia to contribute money to international efforts to help poorer countries struggling with the worst effects of climate change.” You know, America and Europe take its own share of decades of looting in wealth the established setting of the commodity of oil. Oh, and why give OPEC and China that bill? Where is Am Erica for that bill? I am pretty sure that some president of the US give Steven Guilbeault the finger the moment he states that out loud. There is a larger setting. You see, we could decrease the allowed oil for any nation by 10%, then there is my favourite, decrease global flights by 15% (taken in account that there are way too many flights happening). You see, the last 15 years we have seen a million flights per year more. I did a calculation once (in 2021) where I stated “That amounts to 41,000 flights a day, every single day.” I did this on November 13th 2021 (at https://lawlordtobe.com/2021/11/13/a-cop26-truth/) in ‘A COP26 truth’ As I see it, this will have a better result. But Steven Guilbeault does not want that. He merely want to point the finger at China (to get the blessing of some president), he’ll also point the finger at Saudi Arabia which will not go anywhere. As I personally see it, this is a limelight piece. Get the shiny lights thrust upon him whilst the solution goes nowhere, and those poor poor emerging economies? Ad when we consider ““China will become, in fact, one of the biggest historic polluters in the coming years,” Guilbeault said.” What data does he have? In the coming years is speculation, as I see it, Russia will have to become a much larger polluter to get any fingers over the edge of disaster at present. There is no real data to consider that China will be anything like that. I wonder where he got the data, as the ‘data’ in march gave us all “India was declared as the third-most polluted country in 2023, after Bangladesh and Pakistan, according to a report released by Swiss air quality monitoring body, IQAir.” Which is interesting as they have a significant loss of longevity They went from eight position in 2022 to third position in 2023. Of that list of 50 cities 42 are in India. As such I call his bluff and wish him a nice day with what he has. Yes something needs to be done, pretty much everyone agrees with that. What it is, remains the question. Giving the Ace of Spades to China and Saudi Arabia is folly as I see it. The issue with any fire is to take away the air for a fire to breath, take away the fuel that propels the fire or put out the fire (the third is the lamest idea). As such you can limit oil to everyone, which will drive the price up, or take away the air for oil to burn (extremely hazardous to people). As such we are in a bind. Making this about emerging economies is just a bad option, or we lessen EVERYONE’S access to oil and the the emerging countries get their 100% and the largest economies get that limit decrease as well. I wonder how long it will take for everyone to ‘diminish’ the emerging economies. You see Steven Guilbeault blasted his statement to ‘merely’ include China and Saudi Arabia. In 2021 the United States used 20.4% of the petroleum-consuming countries it was number one with 5% more then number 2 (China), as such why didn’t Steven Guilbeault mention America? Oh, and Saudi Arabia isn’t even in that top 5. India (4.8%), Russia (3.8%) and Japan (3.5%) had those positions. As such it makes kinda sense to hand the spade to China, but not before America gets the spade as well. They both Amount to 36.1% of the petroleum-consuming countries. As such, when you consider these numbers. Is he anything more than a windy politician (like the ones from Chicago)?

It’s not all seemingly bad news. We are also given “According to one estimate, $2.4 trillion US in climate finance is needed by 2030 for investments to meet the Paris Agreement targets and related development goals.” Yes, that works with any nation with a gross federal debt surpassing $35,000,000,000,000. That really seemingly works and don’t blame President-elect Trump for that, Harris wouldn’t have been able to do that either. This is the result of sitting on your hands and too many presidents have done that going all the way back to President Clinton, which was 21 years ago. The easiest option is that we allow climate change to kill 27.8% of the population, making the decrease of 49,000 flights a day and 24.1% less oil used a manageable achievement. You see, the solution is very simple if you see the problem as simple as an arithmetic problem. Take away the people using oil and you get the same result. Oh, as a bonus consider that less food is required at that point. All simple solutions towards a conundrum that people aren’t willing to see as a real problem. Did I oversimplify the problem for you?

Have a lovely day and consider how much oil you used this week. 

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November 7, 2024 · 20:15

What are we doing?

This question bothered me a lot lately. Not some message about an orange menace, or some Kardashian piece of jewellery that once belonged to royalty. No that doesn’t wake me up (or interest me). But in this light we have two articles. In the first we get the main event. Arab News informs us (at https://www.arabnews.com/node/2578351) ‘Saudi Arabia’s aid arrives in northern Gaza to assist Palestinians’ and the issue is none of the western media as far as I can tell have this news, and it is news. 

Source: Arab News

We are given (with images) that “Several trucks with aid, provided by Saudi Arabia’s humanitarian agency KSrelief, have arrived in the northern Gaza Strip via Jordan.” We are also given “The aid was scheduled to be distributed through the Saudi Center for Culture and Heritage, which serves as the executive partner of KSrelief in the area.” As well as “The campaign to assist Palestinians, initiated by King Salman and Crown Prince Mohammed bin Salman, has raised over $186.3 million from over 2 million donors” the idea that 2 million Saudi’s create a wealth setting for humanitarian relief to the amount of nearly 200 million dollars giving us that the average donation by Saudis comes down to nearly $100 dollars and it isn’t just a trickle, this comes down to a little over 5% of the entire nation’s population. When did we see in the west that amount of humanitarian aid? When we see this numbers the entire western media should have stood up applauding this effort. I have a tainted view of Gaza (and I have been there in 1982), so there is premise to my point of view. What I fail to see is how the media is so tainted that news is filtered out (I personally refer to that stage as corrupt). 

Even I (with my own clear bundle of personal issues) pause to stop and realise that this is a monumental setting. We already saw that the UAE is dealing with shortages in Lebanon (vie the Khaleej Times) and now this? And the western media is currently too tainted to be of any informative acts. No the Guardian is simply washing this over by giving us (at https://www.theguardian.com/film/2024/nov/07/chris-hemsworth-criticised-abu-dhabi-tourism-ad-uae-ntwnfb) ‘Chris Hemsworth criticised over tourism ad promoting Abu Dhabi despite ‘notorious’ human rights violations’ and the Guardian (other news outlets too) are always seeking the Human rights violations. It is never about just the acts of influencers showing the world that there is a lot more to Saudi Arabia or the United Arab Emirates. In this setting it is about  Abu Dhabi, which my meagre self calls the domain of ADNOC and the Abu Dhabi Scorpions (a previous hockey team for the uninformed). Abu Dhabi also has Ferrari World, Warner Brothers World, Yas Water World, SeaWorld Abu Dhabi, Prison Island Abu Dhabi and a few other ways to spend your hard earned free times. Like shopping in the Yas Mall with 235,000 m2 (2.5 million sq ft) of shopping spanning over 400 shops. As such Abu Dhabi might not be Dubai, but it has plenty to offer and they called the assistance of Chris Hemsworth and his wife Elsa Pataky to help out (Luke Hemsworth is probably still too young). So when we get to “The international non-governmental advocacy organisation Human Rights Watch (HRW) has said the UAE “invests in a strategy to paint the country as progressive, tolerant, and rights-respecting while carrying out repression against dissent”.” Personally I would advice the HRW to go and f**k a camel but that would be inappropriate towards the camel.

So see the articles and consider what else we are missing (apart from the budget to go see Abu Dhabi in person). Within the last week (might have ben two) I showed two cases of astounding humanitarian aid (the HRW missed that part I reckon). Are nations innocent? Well I doubt it, the discriminations that we saw in Florida against the LGTBQ population is one, but the HRW seemingly missed that part too. We have flaws, we all do, but the black washing (the opposite of white washing) of the media is as I see it now getting out of hand. 

As such I wonder what people tend to see and I am curious about the Hemsworth advertisement, perhaps it is on YouTube?

In a time where we disregard and mistrust nearly everything, it is time that the people in the western world regard the Arabian media (namely Arab News, Al Arabiya and the Khaleej Times). There is something seriously wrong in media world and it is time that we take away our view from them and the digital dollars they are whoring for. 

On a personal note, this morning I completed the virtual challenge of walking from Florence to Rome, the walk Saint Francis of Assisi did a few hundred years ago. The challenge was virtual, but the walk (503 km) was very real.

Have a great day.

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November 6, 2024 · 15:45

As ideas come

That happens. We all have (at times) the idea that you wonder why no one else had thought of it. It might have been so, but in the meantime I just wonder what happened to the idea. You see, retail is all about making a splash, yet the larger setting is that they never tend to think long term and that what gave me the idea. I was looking at a YouTube video by some lady who is stark raving bonkers about the Disney and Universal theme parks. In this bonkers is not a negative term. She goes on and on about the great options that these places have. Like for one the monorail that goes around all the parks. I never knew that and today about easter eggs all over the Universal theme park. At some point she was showing some stuff and I started to wonder a few things. You see, we all observe and take delight in (some of us do) the Halloween and Christmas settings of these places. Yet no one considered the creative vibes that kids have. Now consider any Disney or Universal stage and in this stage we use fridge magnets. A simple enough setting. Yet the larger stage is ignored. What if there is a range of A3 based stage screens (like a piece of paper), but these are not merely pieces of paper, they are coated stage screens (like the ship of Captain Hook) and on this we place the magnets, like Peter Pan, Goofy, Tiktok (the crocodile), Mickey and a whole range of other options. Now that we have a set these people (mostly kids) can make their own version of stop animation with a mobile, or merely hand operated movements. Universal has its own pieces (like Hogwarts and the people there) or perhaps Trolls, Minions or Popeye. Now consider that these people can cross match any story with their magnets and create their own story. Soon we will see that Universal and Disney will grow their own kind of Youtube/Tiktok settings where the makers can create their own story and share them with others. They optionally learn about stop animation and as such they all grow in creativity. 

There is no need to grow a massive battery of merchandise. Each season (Easter, Summer, Halloween, Christmas) they would release 1-2 stage placemats, optionally they would be placemats that get a secondary function and as such these makers have more stages to work with. They would also introduce fridge magnets to characters and every season a few more. This doesn’t happen overnight but with a start we optionally see more creativity from the visitors (or people visiting any store globally). That gives us a new focus and the parents will like the idea of a not so expensive hobby to exploit creativity with.

I seen some fridge magnets, but I haven’t seen anyone taking that to the next level. And in this day and age, any loyalty created tends to have a long term impact. So why wasn’t this done? Perhaps it was done in the past but with mobiles the way they are now, no one seems to have revisited that idea. There is even an options that Universal could use that certain items are only there on Halloween (optionally bought online as well, but for the term of the Halloween dates). I think that this has options. Consider that fridge magnets are already there. There is no reason to think that they cannot be used with another setting. And consider the placemat, get a negative sheet below this and it could have serious revenue options for either and that is not merely the end of it. The Dutch have the Efteling and they to could profit from their own setting. If awareness drives revenue, then this awareness have been ignored for the longest of times. That is what I think and believe. By the way the Dutch (perhaps the Belgiums too) have the feast of St. Nicholas (December 5th), another stage where we might see global appeal. Disney has a lot more options when it comes to characters, and they could have an annual focus (like Aladdin, 101 Dalmatians and so on). I saw several Hero 6 magnets and no one took this to that next level, why not? Then there is the option that both (Universal and Disney) could invite an animator once a year to make a video that all could download and take learning from that. A setting that might work (no guarantees), but in this day and age where everyone is so obsessed with revenue that this long term path is ignored? Consider that thousands of creators give voice to creativity and no one drills into that well? Perhaps I am wrong, but I believe that to get something you need to relinquish something and that idea sprouts revenue in all kids of ways, and here there is no “I come first”, the buyer will see through that and a shared setting is a setting all with enjoy when the results are harvested. That is just my view one the matter.

So, lets get these makers get working so that we see creators creating. 

Have a fun day.

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November 6, 2024 · 00:24

iRan is not an Apple product

There is a larger setting in the world (predominantly the middle east). We are given by the BBC (at https://www.bbc.com/news/articles/ce3yqzx72zno) ‘Iran’s supreme leader says enemies will receive ‘crushing response’’. I left it to the left at first (three days ago) for the reason that the entire Iran debacle is like hauling water to the sea. Where the text starts with “The US and Israel “will definitely receive a crushing response”, Iran’s supreme leader has said, following an Israeli attack on Iran a week ago.” It sounds nice, but Iran is limited to deliver attacks through terrorist fractions. It is too scared to attack directly. In the beginning it was about deniability, but that is gone now and Iran is on the verge of be labelled “a terrorist nation” by pretty much all nations. And it is scared of that as such it is trying to kiss up to Antonio Guterres. Yet Israel decided on October 13th “Israeli Foreign Minister Israel Katz reinforced on Sunday his decision to declare U.N. Secretary-General Antonio Guterres persona non grata over what he described as a failure to condemn Iran’s missile attack and antisemitic and anti-Israel conduct.” There are other nations thinking that Guterres has outlived its usefulness as a UN tool (I speculate that Ukraine is one of them). So when we see the BBC give us “The threat comes as Iran assesses whether and how to respond to Israel’s attack last month, that Iran said killed four soldiers, which was in retaliation for an Iranian missile attack against Israel earlier in October.” There is only so much Iran can get away with and whilst the US is begging to leave the oil fields alone (they get a slice of that revenue I reckon). Iran is now losing whatever options they had. As I see it Robert F. Worth said it best “‘The Iranian Period Is Finished’. Hezbollah’s losses have led some in Lebanon to imagine a future without it.” You see Hamas might seen shelter behind civilian bodies there, but Hezbollah is merely a small part of the 5.5 million population and Israel has had enough. 

Now that U.N. Secretary-General Antonio Guterres has been called a persona non grata, the options for the UN will diminish a lot more and Hezbollah has none left. Their only option is for Iran to engage in a full scale war and Iran is hesitant to do so. With the attacks on Saudi Arabia (via Houthi proxy) they only stand the smallest of chances if other Arabian nations support them and those nations are not willing to do that (as I personally see it). And the issue continues (and worsens). The BBC also reported “Iran’s so-called “axis of resistance” is an alliance of Tehran-backed groups that include Hamas in Gaza, Hezbollah in Lebanon, the Houthis in Yemen, and well-armed groups in Iraq and Syria. Most have been designated as terrorist entities by some Western states.” Let me be clear, they merely voiced the words of Iran and there is the problem. Do you think that the BBC would have given Germany the ‘respect’ by calling it the third kingdom? (1933 – 1945) And the larger option becomes that ‘their’ axis of resistance is in shambles. The Hamas terrorists are hiding behind the population they claim to protect. Hezbollah terrorists are relying on exploding pagers and the rest of Hezbollah has no clue what to do and Houthi terrorists are in a dangerous position. Lloyds reported yesterday “Houthis’ reported to be earning an estimated $180m a month from illegal safe-transit fees paid by unnamed shipping agents to secure safe passage through the Red Sea” as well as a report from ynet news that ‘Houthis turn to social media to raise funds for war’, this tells me that they are now cash strapped and here the UN is close to useless. They might talk a nice talk but it seems to be finally falling on deaf ears. In the meantime a report a mere 15 hours ago gives us that Houthi forces are trying to align themselves with Al-Qaeda forces. This happened whilst one source gives us “the two terrorist groups agreed to put aside their differences and focus on weakening the Yemeni government” the beginning of all kinds of escalations. And that is the setting for Iran, or as the American voices state “Become Al-Qaeda’s bitch or fall alone”, I cannot vouch for that, but Iran depended on deniability and now that this is gone Iran faces the reality of going to war. So how long until that goes wrong? In all these settings the United Nations might be out of options as well (until a new CEO is elected). You see on October 24th we got to hear “UN Secretary-General António Guterres reiterated in a meeting with Russian President Vladimir Putin on Thursday that his country’s on-going invasion of Ukraine violates the United Nations Charter and international law.” ‘Reiterated’? This has been going on for 10 years and now we see ‘reiterated’? I reckon that the insertion of North Korean troops is making this a larger stage. Basically it is now a world war. You see, there is no real definition, one that aligns with todays setting of “In order to qualify as a world war, at least one of three criteria must be met: the conflict takes place between multiple nations across the globe, battles are fought in many different locations, and the war must be fought against great powers with significantly advanced technology.” It now involves Russia, Ukraine and North Korea. At this point I believe that the setting of a World War is reached. You see one criteria was met and this reflects back unto Iran too. Because in this setting, Iran might be getting cozy with Russia, but Russia has its own brand of troubles and that is setting the grind in another direction. As such Iran loses whatever friends they thought they had. As such we are given “Saudi Arabia, Jordan and United Arab Emirates unite against Iran, with support from the United States.” A statement that is presumptuous, but lacks clear evidence (as I see it). It is likely to be true, but I have not seen that evidence. And in this setting Iran has two options, the first is to engage is all out war, the other is to drop the terrorist organisations Hezbollah and Houthi, leaving them to fend for themselves. 

I could be wrong but this is as I see it the political chessboard where we have three players. I would personally see a different stage where the board is used with the chess pieces of Chinese chess. It would be a decent challenge to get any player to actually win whilst the other two are hacking on the pieces and that applies to all sides in this equation. If we get a ‘dopey to dollars’ equation I reckon that Israel has a lead because Iran is about to lose two thirds of its ‘axis’ and that results in less pieces to move around and more exposure of its own pieces. And the number one weakness for Iran is that they cannot move their oil fields or oil infrastructure. That is the bottleneck for Iran, and they have less and less options for securing that financial option.

As I personally see it Iran is about to become ‘I ran’ and they now have no place to run to.  

Have a great day.

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November 4, 2024 · 20:41

Its not just bread

We all relish bread. It is not always clearly on the front of our brains. But the one thing that keeps hunger at bay in every day of life is a piece of bread. The Khaleej Times gives us (at https://www.khaleejtimes.com/world/mena/uae-helps-gaza-bakeries-make-bread-again-amid-hunger-crisis) ‘UAE helps Gaza bakeries make bread again amid hunger crisis’ that the UAE has made clear moves to deal with this. 

Oh, and as far as I can see pretty much none of the others have done so. Can anyone show me clear evidence that the UNRWA has done the same to any degree? I do not see any of this information. Perhaps over the last 74 years that they were in some kind of office in Palestine whilst this oversight happened? The UNRWA gives us “Provide direct relief and works programmes for Palestinian refugees”, as such is bread not an essential initial need? Now we see “The UAE has started an initiative to help Gaza make bread again amid critical shortage due to the ongoing war. Countless of Palestinians have been surviving on bread as food supplies run out — but even bread is not always easy to find. Chaotic scenes have been unfolding at bakeries as crowds of hungry Gazan, young and old, scramble for a loaf.” As well as “As part of the drive, essential production supplies — including flour and other materials — have been provided so that bakeries could open again amid a worsening hunger crisis triggered by border closures and restrictions on food aid.”

It beckons the thought, did the UNRWA get anything done? No matter how ‘political’ the UN has become. The fact that the United Arab Emirates clearly shows the world that the UNRWA as well as the UN itself has become nothing less than a joke. We are given (in other media) “The UN system’s total revenue grew to US$ 74.3 billion in 2022 – an increase of US$ 8.4 billion, or 12.8%, compared to 2021. One of the entities with the highest absolute revenue growth is the World Food Programme (WFP)” an increase of $8.4 billion (not all WFP) is shown and how much went to the UNRWA? It is the Khaleej Times that gives us (see above) “As part of the drive, essential production supplies — including flour and other materials — have been provided” as such I wonder what that Russian Tool (António Guterres) is doing. He was ‘elected’ into office in 2017. As such he’s had plenty of time to seemingly do something. 

Only one day earlier we saw ‘UAE dispatches 12 trucks with urgent relief for 30,000 Palestinians’ with the underlying “So far, the country has provided more than 40,000 tonnes of urgent aid and it will continue its work to ensure the “immediate, safe, unhindered, and sustainable delivery of aid on a wide scale, through all possible means”” with that we see a first clear sign of evidence that the United Nations has a lot of explaining to do. 12 trucks is a clear start of doing just that. Whilst the United Nations is ‘discussing’ how to best go about it, the teams of Sultan Mohammed Al Shamsi is getting it done. I believe that the west, which is so stellar about the United Nations might reconsider who they think needs to be heading this disaster loaded organisation. 

That is my overly simplistic sense of this setting.

Have a great Monday.

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November 2, 2024 · 07:04

Strangled by greed

I saw an article in the BBC last week, I took notice as it collided with something else I saw, but I could no longer find it. The article (at https://www.bbc.com/news/articles/cj6er83ene6o) gives us ‘Hollywood’s big boom has gone bust’ It is here where we see “The actor and aerial cinematographer turned his hobby of flying drones into a profitable business in 2012 just as the streaming wars were taking off. For a decade, he was flying high above film sets, creating sleek aerial shots for movies and TV shows on Netflix, Amazon and Disney. Now he’s on the verge of becoming homeless – again. He was evicted from the Huntington Beach home he shared with his wife and two young children and now is being booted from the Las Vegas apartment they moved to because they could no longer afford to live in Southern California.” As I see it, it is a much simpler equation, even as we are given “the good times ground to a halt in May 2023, when Hollywood’s writers went on strike. The strikes lasted multiple months and marked the first time since the 1960s that both writers and actors joined forces – effectively shutting down Hollywood production.” You see, some people are blaming the strike, but the strike wasn’t the reason it is a interaction drive between cinematic analysts and greed driven studio bosses. Even as we see “with layoffs at many studios – most recently at Paramount. It had a second round of layoffs this week, as the storied movie company moves to cut 15% of its workforce ahead of a merger with the production company Skydance.” And none of it is the actual reason. Hollywood has decided to rely on mediocrity and the attached collection of yes nodders towards some numbers of utterly unreliability (as I personally see it). Lets take a step back to 1966, a new youngling in Hollywood came with an idea a science fiction tainted wild western called Star Trek. Lucille Ball from Desilu Productions was one of the driving forces on pushing the success of Star Trek. In the mean time the series is the longest and most successful series in history pushing 11 spin offs and 13 movies. At the end, the cancellation of Star Trek was proclaimed In 2011 “the ranked number four on the TV Guide Network special, 25 Biggest TV Blunders” and still Hollywood will not learn. Now we see other issues in 2005 a series named Threshold was created, it lasted for one season.

The TV series was really good (my personal view) and the actors including Carla Gugino, the youthful young sprout who played the ex of Dwayne Johnson in San Andreas, Brent Spiner who played the mad scientist in Independence Day, Charles S. Dutton known for many roles, Rudy being one of them, Peter Dinklage who shined in Death at a Funeral and the game of thrones. The TV series was drenched in achieved talent, however as the TV series didn’t get the desired ratings, the series were dropped. Star Trek wasn’t enough of a lesson for Hollywood. And this wasn’t the only lesson. Defying Gravity (2009), Firefly (2002), Doll House (2009) all series dropped for the mere reason that it wasn’t bringing in the cash from day zero. As I see it Hollywood hasn’t gone bust. The audience has stopped putting their faith in Hollywood productions. An entity that doesn’t seem to comprehend Science Fiction and Fantasy is the maker of imaginary worlds? 

We see a whole range of attached reasons, but the number one reason isn’t shown. The fact that advertisements aren’t of interest to people and that is the one thing that drives players like Netflix. TV stations are fed that advertisement is the drive of all entertainment business and to some extent this is partially true. The fact that the people after 50 years still look forward to some form of Star Trek is because it is a more surreal form of escapism and that image isn’t clear to Hollywood. I see it as a reason why Canada and Australia are growing players in this field. In Hollywood every dollar needs to be spend at least twice to become valid and all that time writers are massively underpaid. I see it as the number one reason why we will soon see an overshadowing of Hollywood by Dubai Media and the MBC group. And that is before Hollywood figures out that the people demand continuation of the story. The number one issue around Threshold, Defying Gravity, Firefly and Doll House. The are regarded as not ‘profitable’ but they are represented by millions of watchers who wonder what comes next and too many of these disappointments of cancelations are getting to them and now they look at places where there is continuation. 

My initial view is that someone needs to take a hard look at how ratings are measured, because I think that is the core of the issue. I refuse to believe that some cancelations are valid. Consider the series Lucifer, it was booted at season 3, taken over by Netflix who did 3 seasons more. Now we see “In 2021, Lucifer was the most-streamed original series in the U.S., with 18.34 billion minutes viewed”, so how is that not a success and it makes us wonder what drove the cancelation by Fox? The stream data contradicts the Fox statement that is was a “ratings-based decision”. I think that this is happening too much and as such I have doubts that there is a issue with how ratings are ‘found’ and those in that area together with some analysts are setting the stage for whatever they think that matters, but that is merely my view on the matter.

I see it that greed driven decisions by some are strangling others from fulfilling their view. Avatar (2009) made $2,923,706,026 and I get that, but is it better than Oppenheimer (2023) $975,594,978? As I see it Wall Street wannabe’s are tainting the field of artistic achievements and I get that revenue is part of the equation, but Hollywood was the place of dreams, it has now become a nightmare for many players. Why is that? 

Enjoy the weekend.

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October 30, 2024 · 14:47

The greed driven protocols

There is a setting that I had forgotten about and I was reminded of this by the BBC (at https://www.bbc.com/news/articles/c4gzp7y8e7vo) in here we see the headline ‘JP Morgan sues customers over viral TikTok cheque fraud’. To help you with this setting I take you back to 1981. I was in the draught army (pun intended) and like any teenager on a short budget I sometimes ran out of budget in week 3. Now when you had a postal account there was a nice trick. You had a postal cheque which could be cashed in for $500, no questions asked. Now this goes against your balance no matter how slim it was, as such you always had access to $500. As such in times in the last week you cashed it in without having a good balance and you started the month with minus something and then the wage came in setting you in the plus. Is you plan it nicely you could spread that minus over two months setting you in the clear. It wasn’t a great way, but when the numbers are aligned against you it was a solution. The interest was really low in those days, so it would set you back less then $2. All this happened in 1981, 43 years ago. So now we get “US banking giant JP Morgan Chase, is suing customers who allegedly took advantage of a glitch by illegally withdrawing thousands of dollars from its ATMs. The “infinite money glitch”, as it became known on TikTok, allowed the bank’s customers to write a large cheque to themselves, deposit it and then withdraw the funds before the cheque bounced.” OK, this had a little setting that people rote cheques to themselves and withdrew it before the option crashed. Then we get “Last month, the Wall Street Journal reported that JP Morgan Chase closed the loophole a few days after several videos telling people about the glitch went viral on social media.” Is it really? I used the $500 option in the Netherlands 43 years ago as such, how did the loophole get created in the first place? As I see it this is all about greed driven protocols, protocols the negate certain timestamps, and now JP Morgan is crying fowl? Yes, another pun intended. And If I can recollect this setting, so can others. Is it fraud? That is the question. You see fraud is states as “wrongful or criminal deception intended to result in financial or personal gain”. The wrongful or criminal deception is key. Were people allowed to write a check to themselves? If that is legally allowed the fraud fails. There is a financial gain, yet if these people claim that they were going to pay it back the fraud is wobbly at best. In the ned it is for a judge to decide if the case can be made. Yet even as I accepted what I did in 1981, there was never a step of personal or financial gain. I merely ‘allowed’ my account to be over-drafted for no more than a month and the maximum amount ‘borrowed’ would have been $500 for the best part of a week. As such the fraud setting becomes debatable but it hangs on the setting if a cheque can be written to ones self. 

As for the amount we are given “The amount of money kept by the defendants in the four lawsuits totalled more than $660,000, according to JP Morgan Chase’s lawyers” as such I wonder what other protocols (or better stated policies) were ‘glitched’ to make for easy money making by the banks. The fact that they are now turned against them is to some extent hilarious. The simplest setting is that you cannot write yourself a cheque for any amount. One simple rule that could have stopped JP Morgan Chase ‘losing’ money as I see it.

I might be wrong on this as I am not a banker. I asked Francesco di Medici and he agrees, but he reeled at the idea of a piece of paper supporting $660,000 so there is that too.

Have a great day.

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October 29, 2024 · 15:28

Laughing Out Loud

Yup this happens too and in this case it was an article that Bloomberg showed its paying customers. I am not one of them. As such I am attaching the image that made me laugh.

I saw it about 8-10 hours ago and it had me rolling with laughter. So what gives? First the setting of ‘Consider Re-entering’ as I see it Barclays and other banks are strapped for capital and bleeding a client dry (service fees and commissions) is a tell tale story towards any bank trying to make a living. There is no consideration, there is merely the trap they put themselves in 10 years ago. As for the “capitalise on the kingdom’s growing need to access capital markets” is even more hilarious. The Kingdom of Saudi Arabia has options to consider HSBC, JP Morgan, Bank of America and the 5 largest banks in China. All stronger and more able than Barclays. There is also Credit Agricole and the Citigroup. All in the top 12, Barclays stands at 18. So there is the first part. In addition I can hand you Rothschild & Co. The one bank no one mentions. It’s value was around €18.1 billion a year ago, as such I reckon it is pushing well over €20 billion at present. Barclays has nowhere near that capital or those connections. I reckon that Rothschild can access around 20% more clients than Barclays can (a casual speculation by little old me). 

So why this action?
Well it started in 2012 when we were given “Barclays is fined for manipulating the benchmark Libor interest rate in 2012, after revelations stretching back to 2005” It’s CEO C. S. Venkatakrishnan didn’t forget about that, did he? Then we get 2014 when Reuters gave us ‘Barclays sued by Saudi developer for $10 billion’, so how did that end? We got “A Saudi real estate company has sued Barclays for $10 billion (6.24 billion pounds), claiming the bank ceased pursuing lease payments due from the Saudi government on military complexes in the kingdom in order to obtain a lucrative banking license there” when we were given (source: Reuters) “The company, Jadawel International, a unit of London-based MBI International Holdings Inc., claims Barclays “hatched a fraudulent scheme” to secure the rare Saudi banking license, selling out Jadawel in the process, according to the lawsuit filed in New York state Supreme Court on Tuesday” One says potato and the other claims tomato. In the end as far as I can tell Barclays won the dismissal. It doesn’t make them innocent, but the claimant could not prove guilt (as far as I can tell). And last but not least only this year we were given that Barclay was one of the players in getting Andrea Orcel “derivatives linked to Commerzbank for the Italian lender in the weeks before Berlin sold a stake earlier this month, sources familiar with the matter said. Barclays and Bank of America subsequently helped Orcel to effectively expand UniCredit’s holding in Commerzbank to the current level of about 21 per cent, they said asking not to be named discussing the private information” now, this last bit does not seem to be illegal, but the stakes against Barclay (all over Europe) are increasingly high and now they hope that Saudi Arabia gives them a chunk of business before they are forced to hand over their bank to any of the upper 15 banks. I say good luck to them. Yes there is all kinds of banking issues I am not familiar with, but governments need to work with banks that are cleaner then clean and as such I am entertaining howls of deriving laughter if Barclay thinks they are that. The LIBOR scandal took care of that. 

And lets be clear Barclay didn’t (as far as I know) hand the statement “Mistakes were made in the past and we have sanitised our structures and people to meet the challenge that a customer the size of the Kingdom of Saudi Arabia brings”, nope, none of that. We were given “Barclay plc is considering re-entering Saudi Arabia as it looks to capitalise on the kingdom’s growing need to access capital markets”. I actually wonder if they would be allowed in the country at present. There are seemingly better viable candidates and that is before you consider Rothschild as a contender. 

I get it. I also tried to access Saudi Arabia as a partner (read: future owner) of my IP. I merely wanted 50 million, a Canadian passport and 2% of the revenue for 20 years. With my believe (a presented believe) that the idea would give them 6 billion annual and their investment to that would be 50 million (for happy old me). And this is about as decent as it gets. A mere 0.8% risk and that is at the time of the presentation. A mere trivial amount and I feel certain that this would have worked. There was one condition Microsoft was not allowed near it. Amazon would be OK, but Microsoft is a no go.

This is why I contacted Kingdom Holdings and Tencent Technology as well. They can drive the innovation I brought. As such I feel a stronger contender than Barclay ever could be (Yes, I am blowing my own horn).

So as I see it, re-entering a market when the others have seemingly had enough of you isn’t re-entering. It is running for the hills to avoid being taken over. But I am not a banking person, so what do I know.

Have a fun day.

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