Category Archives: Finance

May 15, 2023 · 14:39

The paper tiger

There is a tiger is the fields, the people aren’t afraid, they aren’t worried because the tiger is a paper one. That is the setting and it came to me from the Guardian. The article (at https://www.theguardian.com/commentisfree/2023/may/14/more-than-300000-syrian-civilians-died-any-attempt-to-rehabilitate-assad-is-utterly-shameful) gives us ‘More than 300,000 Syrian civilians died. Any attempt to rehabilitate Assad is utterly shameful’, is that so? Well, it is a point of view, and Simon Tisdall is not completely wrong, actually he sort of is. I cannot fault him for anything but the reality is a lot less appealing and that is the problem, the less appealing truth behind this. You see no one ever cared about Syria. The west did not because Syria has no economic value, it has no oil, just like Yemen. And for all intents and purposes America is already broke and the EU and Japan are right next to America in this. So whilst we saw the Ghouta chemical attack and we saw the news of what happened on 21 August 2013, almost 10 years ago now. Was something done? A week later investigators looked around and The UN investigation team confirmed “clear and convincing evidence” of the use of sarin delivered by surface-to-surface rockets. Nothing was done. That is the reality and we need to take notice. You see at present Syria is one step away from becoming a Russian satellite state. Now with the Arab League back in the fold they will get some of the rebuilding revenue and it will not all go to Russia, I reckon a better setting. So even as I understand the setting of Simon, making Syria a pariah is a lot worse and that goes nowhere. In addition to all this is that the Yemen side is there too, nothing was done by any of us, only now that the Ukraine is under attack things are done, not enough and not fast enough, but something is done. Basically the world did 100% more in the case of the Ukraine then it did in case of Syria or Yemen. I feel that the west is only acting because the Ukraine with its 21st largest army was able to stop Russia with one of the three largest armies in the world and the losses are adding up for Russia

And these numbers are staggering that the Ukraine with the army and hardware they had were able to pull this off and now the west is starting to become aware that there is no aftermath for them. Germany had been for the longest time been pussyfooting on hardware delivery, only to see that Pro-Russian politicians in Germany were stoping this. American politicians were no better here. In Florida we get “Rep. Matt Gaetz, R-Fla, a leader of a small but vocal wing of isolationist Republicans in the House, has introduced a “Ukraine Fatigue” resolution seeking to end “military and financial aid” to Ukraine.” And he is not alone in the US. America has (in my humble opinion) become a collection of pussies that were nice when they were nothing more than rich bullies, but that is now over, the wealth is gone and as such the field of superpowers is changing. It will soon evolve into a new setting with China (the force), Saudi Arabia (the bank) and India (the consumer), in that stage I want Russia to have as little options as possible and we might not like this, but it beats Russia having satellite nations making things globally worse. To prevent it actions were required, actions that remained absent in the west and that danger is still not over, because Iran is still a consideration and Russia likes a nation with so much anti-American sentiment. As such the evolution that the Arab League is making makes a lot of sense, I prefer these two listening to Saudi Arabia than taking snacks and ‘carefully considered actions’ from Russia, because that will surely make things a lot worse. 

And now as we see more and more technology interactions between Russia and the UAE, economic values will spread all over the Middle East, which is good. Yet they also fall away from American shores which is not that great, especially when you see that America remains one step short on defaulting on their loans. 

Yay, Monday!

Enjoy the day.

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May 13, 2023 · 18:09

A weekend of revelations

Yup, this happens. However, before I go there, I need to take you on a little trip. It all started in January 2022. I set the design for a new Watchdogs game and I wrote about it in ‘Looky Looky’ which I published in February 2022 (at https://lawlordtobe.com/2022/02/13/looky-looky/) it was the second time I made mention of it (I could not find the first one). Yet at times reality catches up with gaming. That much was clear when I saw ‘Google’s ‘translation glasses’ were actually at I/O 2023, and right in front of our eyes’ (at https://www.zdnet.com/article/googles-translation-glasses-were-actually-at-io-2023-and-right-in-front-of-our-eyes/), my gaming idea was ahead of reality by almost a year, which is not a bad marker to have. It also shows that I had a much better grasp of the IoT world than some proclaim I have (which is nice too). Here we are one step away from pictogram deciphering. So as we are given “unlike Google Glass, this new concept, which didn’t have a name at the time (and still doesn’t), demonstrated the practicality of digital overlays, promoting the idea of real-time language translation as you were conversing with another person.” The nice side effect is that my approach to Augmented Reality is now close to completion. Yes, Google might have the glasses, but I have at least three more options and they are all about to become Public Domain, which might not make me rich, but it shows I was right all along. In addition to this it will bump my other IP, as well as the 5G plus plans I had. Which is still wishful thinking, but with more and more of my early writings becoming reality, it shows I was on the right track all along.

The side effects are nothing to be sneered at. I get that, but a dozen greed driven fuckers poisoning the well aren’t nice either and I will turn all my IP public domain before I let some fat fuck come at me with the “let me help you matey”, that person has no idea what a ‘mate’ is, all greed driven, all bullet point driven and utterly clueless in nearly all IT manners.

So as we realise “Twelve months have passed and the popularity of AR has now been replaced by another acronym: AI, shifting most of Google and the tech industry’s focus more toward artificial intelligence and machine learning and further away from metaverses and, I guess, glasses that help you transcribe language in real time.” We see that at Google, there is an equal distorted sense. They might have mentioned AI 143 times as ZDNet counted, but AI is not real. AR on the other hand is here now and it could have much larger repercussions for retail and malls. I wrote about that a few times over and even as Gucci and partners are on track, a lot is not and that was the larger stage for Google. 144,000 malls with many well over 100 shops. And that was also the profit setting. Do once and distribute to well over 10,000 malls at a time. It does depend on the amount of malls a shop is in, but the message is clear. AR is the direct future and will have an evolution over a few other matters. 

The second revelation (for me) was given by something called the Verdict (at https://www.verdict.co.uk/sap-google-cloud-team-up/) there we see mention of SAP and Google teaming up. Unless you have larger BI involvement you might miss it. Yet the stage of these two working together is a much bigger hit then you think. With SAP Dashboard and Google statistics there is a new field growing and it is there for everyone, which is the start of decline for Microsoft. A company that is now the focal point of PHAAS, and as I saw today the howling laughter of people trying to install their Office365 only to learn that their subscription ended in 1968.

I initially thought it was a direct attack to a person I knew, but it is happening all over the place. Microsoft has serious issues and all whilst they are trying to acquire gaming firms for 68 billion more. Yes, that is the place to go! As such Google already had a clear advantage, but now with the SAP link all corporations that are above small businesses, Google will have something more to offer and SAP as well. A stage that was in the making and when Adobe joins that team the disaster moment for Microsoft is pretty much complete. I cannot tell how this unfolds, but the larger stage is Microsoft dropping the ball all over the place and now that we have Google and SAP picking it up, the losses for Microsoft will increase and within a year they will be massive and as such the small firms dumping Office365 and joining the Google family will pick up more and more. Now however it will not merely be Google, SAP solutions will be all over the place hindering IBM Watson growth as well. There was a large slice of the pie for whom IBM Watson was just too big, to cumbersome, but as I see it SAP has that under new management. And as IBM Watson goes, so do all the blue settings (Azure) that Microsoft was hoping for, it is almost pathetic how that translates into ‘wishful thinking of unrequited love’ (me howling with laughter now).

Yes this is quite the revelation weekend for me. I should consider another gaming IP for Amazon Luna and Sony. There is something rewarding to kicking a corporation when it is on its knees thinking it was too good for anyone else. The joy of being mean (not a synonym for average). 

Enjoy the weekend. I am, that much is a given today.

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May 12, 2023 · 00:17

Spend, spend, spend

Yes, that can be seen as spending three times over. We are of course referring to the debilitating debt the US has and now it is about to cost them a lot, in the larger stage this has had my attention for some time, but today three articles brought it to the top (yet again). The first one comes from the CBC (at https://www.cbc.ca/news/world/debt-ceiling-us-scrap-1.6836090) where we see ‘The U.S. debt limit is again stoking fears across the globe. Why not just scrap the thing?’ There are of course several answers to that part, but it is ““I don’t think there’s any reason to have it exist anymore,” said Douglas Holtz-Eakin, former director of the Congressional Budget Office, who is the current president of the right-wing think-tank American Action Forum.” I think that Douglas has been sniffing the alternative Gatorade. You see, if there was no reason to have credit limits, I would take out a $50M loan with my IP as collateral and move to Dubai. Have a nice one floor apartment and live of the rest with $300K a month at my disposal until the day I die. The reality is that we all have credit limits and most of us have a credit limit that is in the basement. As such nations and governments have limits as well. It is the idea that Americans think they do not have one, but that is a false assumption. It might have had a delusional ring of truth when they were a super power and when they had all the innovations, but they first off shored the knowledge they had because the board of directors had more bonus options, but they are now either retired or mostly dead. Now India has that power, now Saudi Arabia is the innovative player and now China is about to become the one true superpower. All negative things for the US, but this is what they wanted and they shunned Saudi Arabia too often and now they lose them as an ally as well. The one player that really has all the cash is shunned. Well done America! In the mean time spending went on and it was catered to by people who have close to no ash in the first place. Now the Fortune 100 have less American companies and several of them have a spin on what they really own. The largest players who really have things are Google, IBM, Amazon and Adobe. The rest are wannabe collapsing entities. There is Netflix, but they will be in turmoil for at least a year and there is no way to tell how they are pulling through. Facebook is under the gun and they are about to lose another segment, in the meantime Meta is nowhere near ready. 

So off to article two, this is Reuters (at https://www.reuters.com/markets/us-debt-standoff-overshadows-g7-finance-leaders-meeting-2023-05-11/) giving us ‘US debt standoff overshadows G7 finance leaders’ meeting’, which could be true. You see, Japan is in deep waters, optionally too deep, but that requires financial knowledge I do not have, what I think is the case, is that they are too deep in debt and when the US goes, so does Japan. The 7 nations are Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. Italy and France are already in deep waters, in part of the overspending my Mario Draghi, in part of a slowing economy. The UK has its own set of troubles which basically leaves Canada and they cannot hold the fort by themselves but that is the group that is in some kind of meeting and the conversation to raise the debt ceiling is a farce, they all know that the US is fighting of shadows of their former selves all alone, all because no one was willing to do something about overspending and they are decades too late in overhauling their tax systems. All these small issues line up to a setting where there is soon an America defaulting on ALL their loans, bonds collapse and that also pushes Japan over the edge. The Reuters article also gives us “U.S.-China tensions also cloud the outlook for the global economy that is already under pressure from signs of weakness in the world’s second-largest economy China.” This is a stage that I find debatable, from my point of view (optionally not a correct one), the Chinese economy is already surpassing America and now that they have the stage for the Middle East with larger venues into Saudi Arabia, they surpass America. The fact that Saudi Oil can now be bought with Yuan is the one push America never needed and never really could handle. With Saudi Arabia about to launch their own version (in English) of Al Jazeera will mean that advertisers have an alternative to Fox and CNN and when that channel branches out to Indonesia, Egypt, Bangladesh and India, the numbers will vastly surpass 500,000,000 viewers. In this I didn’t even consider Pakistan at present. As such where do you think Advertiser will go? America pushed the wrong buttons for years and now their birds are roosting in other nests. The third is also Reuters (at https://www.reuters.com/markets/us/yellen-warns-us-default-would-threaten-global-economy-undermine-us-leadership-2023-05-11/) giving us ‘Yellen warns US default would threaten global economy, undermine its leadership’ where we see “U.S. Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4 trillion federal debt limit and avert an unprecedented default that would trigger a global economic downturn and risk undermining U.S. global economic leadership” in this I personally believe that the US hasn’t been a real economic leader for some time. It started just before the age of Trump as the US learned that they could no longer afford the things they were doing and now these accounts are all coming up empty all at the same time. So at the end we are given “Yellen said Republican brinkmanship on the issue amounted to a “crisis of our own making” and that just the threat of a default could lead to a downgrade of the U.S. government’s credit rating, as occurred during a debt ceiling fight in 2011.” I personally feel that this is totally bogus, the issue was overspending and both sides of the isle were doing that and both sides were doing that. In addition they alienated the one player who was loaded, the rich relative was made a pariah and that didn’t sit well with that relative. This is why I approached them with my IP. I feel better when someone with the cash pays for my IP than the fakers who have a maximised credit card, implying I would be without cash for too long whilst they walk away with my multi billion dollar IP. I will not allow Microsoft anywhere near it, as such I would have no issues selling it to Tencent Technologies (with a few attached clauses mind you). And I have reason. A clear solution that could have given Google and/or Amazon billions was shunned by them giving me the excuse to go wherever I needed to go to get my golden retirement. And they connect. You see, they are all about contracting economies, all whilst innovation will go where there was no one and in my case in several cases there was no one, only in one case there was someone (Gucci), but they are only on one side of one IP I had and I had several other venues connected to it, optionally to android phones as well. And you see that same issue here. We see ‘raise the debt ceiling’ whilst 4 presidents did not stop overspending, it was not an issue and now as they lose tens of billions in industries that are all headed for China, they are all up in arms with “Yellen wants G7 debate on restricting investment to China”, just like the Huawei issue and we never were EVER given any evidence regarding Huawei. That is the effect of a bully who lost whatever innovation they had to players who were truly innovative and now they are running out of time, they are running out of fairway and they have nothing left. Two elemental parts were ignored for too long the first was overhauling their tax system, the second was overspending and in 2011 the point of no return was reached, both Democrats and Republicans worked together in making that happen and China merely waited for it to collapse and that is now about to happen. Will there be another raise? I cannot tell, but this is not enough, after this one another one will come and that is how this game is being played, almost like bluffing in Omaha poker, the issue is that bluffing is too dangerous and can often fall flat, for someone to think that they can bluff for this long is a new level of delusion. 

No matter what, we are about to find out how much longer the US can play that game and they returns to the stage of tax the rich, another delusional setting, which by the way works out well for Monaco, the Bahamas and Dubai to name but three where the retiring rich could go to actually enjoy their cash. 

Enjoy your day unless you have a PacWest Bank account, at that point you are decently screwed at present.

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May 11, 2023 · 00:38

The bigger shift

The news that caught me today is (at https://dohanews.co/saudi-arabia-mulls-launch-of-english-news-channel-to-rival-al-jazeera-reports/) giving us ‘Saudi Arabia mulls launch of English news channel to rival Al Jazeera’. I actually originally got it from the Financial Times, but they are behind a paywall, so I cannot use them as a source. So Saudi Arabia is now considering an English News Channel. This changes things. First E-Sports, now sports (Messi And Ronaldo), Formula one and now we get “A Saudi state-backed media organisation is considering the development of an international English-language news station, seen as an effort to counter Qatar’s flagship Al Jazeera network and boost the kingdom’s media influence”. I personally think that there is another reason. You see, if tourism develops in Saudi Arabia, the need for an English Channel rises and it’s need will rise exponentially. It also allows to dig into advertisement funds that have been denied them for decades. You see, the advertiser goes to where the people and the money is. The money is already in Saudi Arabia, but soon so will be the people. The stages of sports will allow Saudi Arabia exclusive news channelling and that leads to more revenue and more visibility. Even as we are given “The Saudi Research and Media Group reportedly approached media consultancies to assess the viability and scope of the endeavour, according to a number of people familiar with the project, the Financial Times reported. They said it will be the second-largest English-language broadcaster in the Arab world, after Al Jazeera English, although the preparations are still in the early stages.” And this is not all, there is another reason. As western media ‘embraced’ their Share holder, stake holder and advertiser approach to filtering information. They lost credibility and the audience. Most places no longer call it news, they refer to it as information entertainment (Fox anyone?) In addition to this, the west would finally get real information on Aramco (not filtered by Brent), on SAMI (not filtered by the pentagon) and sports. It would even propel interest into things like Camel racing, the Emirates Ice Hockey League and from that we could see the development of a Saudi Ice Hockey league. We know that they are still not a member of the International Ice Hockey Federation, but to see Saudi Arabia grow teams in Jeddah, Dammam and Riyadh, taking on the UAE teams from the Emirates Hockey League (EHL). We could see names like Abu Dhabi Scorpions, Abu Dhabi Storms, Al Ain Theebs, Dubai White Bears, Dubai Mighty Camels propel all over the western TV stations. 

If the west is embracing sports Saudi Arabia has the making to replace a whole collection of news channels that lost too much credibility. And it isn’t merely influence. As I personally see it the KSA lacks perception and awareness in the view of the non Arabian people and this could be a first step to open that door. Beyond that there are several markets where the KSA could set foot into and in this world in this current economic climate that will go a long way, what is important that the first steps are made setting the larger stage towards doing something and that is where it is at. Will it happen? This happening is a logical step after setting claims towards E-sports, Formula 1, Football and Ice hockey. Beyond that is the stage where the people will get first looks on the Line (that long building) and several other innovations coming towards us from Saudi Arabia. 

A bigger shift is underway and the US with their deceptive ‘entertainment’ like Fox and even CNN, they will have nothing to counter it. In the last 5 years they wasted too much credibility opening the door to other players and as I see it the KSA stands to add an audience of close to half a billion in the first 2 years, would you like to see the advertisement money on that pool? 

Enjoy the day before Friday.

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May 8, 2023 · 10:33

The driven mind

I need to take you on a little journey. Last night I had to look up two teams. Dubai (of all places) has two hockey teams, the Dubai White bears and the Dubai Mighty Camels. That led me to the fact that they both have the Dubai Mall Ice Rink as their home rink. The important info like what makes someone from Dubai select one or the other was not revealed. Is it like a suburb, is it a north, south, east or west side selection? But that got me to the Dubai Mall Ice Rink and what I saw blew my mind. The rink is ACTUALLY part of the mall, you can stand a level higher, walk out of a shop and watch the game live at that location. Apart from the fact that I have never seen anything like that, the Dubai mall is as far as I have ever seen it the most beautiful mall in the world. I got that from the video ‘Dubai Mall | The World’s Largest Mall | Weekend Shopping’ (at https://www.youtube.com/watch?v=xvjyuMcCcdI) and that place is amazing, but that go me to the video. A video of a person fast walking through a palace. Straight view like the filmer was wearing blinders. We never see the windows of the shops. I saw the waterfall (which was awesome) and I saw a whole other range of things, but the real deal, the mall. I saw too little, no real view on the shop windows, no real view on the building interior. Like a rat running a maze, never wondering what the walls look like and this is not a simple cardboard wall, these are walls of marble and gold. The shopkeepers take every effort to make their place the best looking place on the planet and the filmer rushes by them like one attracted to the smell of cheese just a corner away, just the smell, never the sight. What a shame to show a mall, that mall of all places like that. 

If you want to see more of the actual mall there is ‘Inside Dubai’s $20 Billion Dollar Mall’ (at https://www.youtube.com/watch?v=z8ockpQebDA) more of an advertisement, but you get to see some of the real wonders in a mall and what a mind blowing experience it is. I took a look at a few more videos. The idea that my augmented reality solution is deployed there is awesome, but there is one consideration. This mall engages people, at that point the AR solution is mere advertisement. That is not bad or wrong, it merely is a consideration. On the upside there is a hockey rink, as such I see it the Dubai mall is as close to heaven as I am likely ever to see it.

But the driven mind seeks information. The chase video is nice, but watching a rat race will tire the mind soon enough, the filmer obviously never considered that part of the equation. I tend to over-consider these parts and of course (in light of my IP) looked for bookshops and found no information and more news then I wanted. Still, I got that information too. And what I found was an interesting part. This is the place where my IP has the least power, it actively engages audiences in many ways. It is clear that the people behind the Dubai Mall have figured out what creates an engaging environment, other malls should take notice. Not with the aquarium, 99.5% of the malls in the world do not have that kind of funding, but the options to engage with customers, a kids zone, the souk. Local solutions that could be transformed for people in Canada, the UK even French malls. And whether it is local culture, Arabian culture or both. Malls need to create engagement. My IP was designed for it and for me Dubai Mall was a revelation. You see, it is not when IP is maximised, it is when you s IP becomes less effective, that is when you see more, as such Dubai Mall was a revelation. My IP will still have value, not as much as in many other places and that is the cornerstone, the niche if you want to call it. As the borders of your niche are more clearly defined, you get the option to define new borders and optional new additions. It wasn’t given by a blank slate, it comes from seeing your limitations, the stage we face when others are already there and Dubai mall is clearly in the engagement phase. 

As such my mind is not trying to warp IP to fit their vision, it becomes a field to see what could be added to give the IP more value. This is what drove my 6G consideration to create a larger stage for Real estate a new propagation of real estate. As such I wonder if my AR solution will get new options to grow, new tentacles to grasp new opportunity, if we see the IP as a solution to grow, we need to test the IP in a place where it has little options to grow, because that is when we see what other directions become possible?

Have fun today, the first day after the weekend before.

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May 6, 2023 · 19:59

Having the ball

Yes, sometimes we have the balls, sometimes a little less so. Yet in the BBC court we see two players (at https://www.bbc.co.uk/news/entertainment-arts-65244351) one is FIFA the other one is EA. So whilst we got on April 24th ‘Fifa no more? EA Sports rebrands its biggest game’. Yes it has been 2 weeks, but I do not particularly care about FIFA, so I left it alone. Yet this afternoon a few thoughts fell through. They came up in the first hour I noticed it, actually they came up about 5 minutes after the announcement that EA was going to drop FIFA. There was a plan for them, I had no doubt about that and 2 weeks ago we got the gist. “the developer behind one of the most successful franchises in gaming history, moves on to its new football game, EA Sports FC.” Just like Fortnite having its spasms, EA has a plan to avoid FIFA costs and I reckon that they wanna keep all 5 billion of that revenue. And we get “Mr Jackson emphasised that more than 19,000 footballers, 700 teams and 30 leagues will still be represented in the game, despite the split from football’s governing body.” Yet the larger impact is one some are not realising. How are these all represented? The IP of football shirts are partially set things like “the FIFA online store for officially licensed national team kits” are in many places, as such EA has issues. They are ‘focussed’ on “EA has also unveiled its FC Futures programme, which it says will support grassroots football projects across the world” which I personally see as ‘the party line’, but FIFA has its claws in its field, so the player is in for a surprise or two. Now, this is not necessarily bad, but the history of the loot-box is fresh, they need a new approach and I have no idea how they will go about that part. Also FIFA was way too big with 700 teams, so what gives there? 

And then we saw the game in a dangerous setting “The new Fifa game, Fifa 25, 26, 27 and so on, will always be the best e-game for any girl or boy”, and as this becomes an E-game, parents better realise that this comes at a cost. I reckon EA will play it softly and slowly change their grip from silk glove into a vice. Five billion is nothing to be sneered at and no matter how slow it happens, it will happen. We will see all the excuses, all the ‘mis communications’ but no that FIFA is cut off, EA will play a very different game. Some will be thrown by “everything you know and love from the modern FIFA games, including Ultimate Team, Career Mode, Pro Clubs, and VOLTA. You can expect the same attention to detail and number of official licenses, too.” In this I am not certain, but I need to see evidence before making that call and EA is playing this close to the chest at present.

And here is the kicker, as far as I can tell, at present there is no confirmed news on whether EA will follow the free-to-play route with EA Sports FC or not. This matters, because an E-sport that is not free to play could easily start at $5 a week, that is almost $25 a month making the game a lot more expensive whist after month 2 EA will be raking in the money. If it is free to play, the player will need to rely on premium packs at $7 each, so how does that math work out for you? 700 teams, 19000 players. How many packs will that be? Perhaps the player has one free team (depending on where they are) the rest not so much. And this is a problem, but also this view is speculative. EA is keeping its hand closed, so until they reveal we really do not know. 

The larger stage is ‘avoided being seen’ with “We do see ourselves as the world’s game. And as a result, we need to meet players and fans, where they are. This is a great embodiment of our commitment to football in general.” You see, I did (and still do) see loot-boxes as non-gambling. Yet FIFA was in a stage of exploitation and now that they cannot ‘hide’ behind the FIFA brand they have a much larger issue, because like most companies, they are hesitant to give away the 5 billion in revenue, even though they keep most of it now, they aren’t Amazon or Google (who wasted billions) EA has a bottom line, it has revenue depending shareholders, so if this goes south there will be a culling in EA management. 

Yet until the ACTUAL announcements come (not all the speculations we see everywhere) we will have to wait and as the game is expected to come in late September, I expect that the whole enchilada will be revealed no later than July, so roughly 8 weeks away, but that too is speculation from my side.

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May 5, 2023 · 22:14

A state of banking

Yes, the banking issues remain and they are seemingly getting worse. This is seen in the BBC (at https://www.bbc.co.uk/news/business-65467019) where we are given ‘Credit Suisse: Asia investors sue Switzerland over bank collapse’, which reads funny, but that is the effect of lawsuits. Yet that article and the BBC article (at https://www.bbc.co.uk/news/business-65370751) named ‘£55bn withdrawn from Credit Suisse before rescue’ gave me reason to pause. This was not some setting of chance. Can you grasp how much £55,000,000,000 is? That is not some account, some people. That is the works of a few titans and someone gave THEM the heads up. So when we are given “The Swiss banking giant said 61.2bn Swiss francs left the bank in the first three months of the year” there I an issue, this is not merely a bank run. Then this many multimillionaires are running for the hills, someone set the watchtower on fire and stated, run for your life. Yes, it is highly speculative, but 55 billion pounds? That is serious cash in any economy. So when we consider the first article and we see “Already a Credit Suisse client for several years, he bought around $500,000 worth of bonds in January despite the bank having been hit by a series of scandals and compliance problems over the past few years” as well as “The type of bonds he bought from Credit Suisse are known as AT1 bonds, or contingent convertibles. They normally carry high yields for investors but are considered among the riskiest bonds that banks issue”, so in January this person decided to take a high risk setting, and in that time, or at least over the next 6 weeks when a staggering amount of billions pulled out, that person sat still? I know there is a sucker born every minute, but this comes across as the emperor of all suckers. Then we get the mother of all issues “Central to their claim is who was given priority when the bank failed. The terms of the bonds, seen by the BBC, show that bondholders are, if possible, supposed to be compensated first, after which come shareholders. But in practice, shareholders were allowed to exchange their Credit Suisse shares for UBS shares, albeit at a vastly reduced value.” There we see two parts. The first is ‘if possible’ which is a dangerous subjective term, the second is the stage of when they were alerted? How reachable were they?

Then the second article gives on tiny sliver. It is “Credit Suisse had been loss-making and had faced a string of problems in recent years, including money laundering charges.” As such, at what moment in delusional time is buying bonds in a loss making company a good idea? That is beside all the legal issues (including money laundering). In which situation (when it is not a government) are you investing in bonds in something that is losing money? Those in March (if they had done their homework) would have seen dozens of billions of pounds leaving that ‘sinking’ vessel. Only those with a peculiar sense of delusion are setting their up their portfolio in such a place. And when we see the end of the article giving us “The deal, when it was announced, valued Credit Suisse at $3.15bn (£2.6bn), whereas on the Friday before the settlement was reached it had been valued at about $8bn.” A place that is a mere 32% of its value in a week and 55 billion went the way of water whilst the bank went the way of the dodo. When a bank is a mere 8 billion and 55 billion left its shores? Even if half leaves the shores, I would be running like Forest Gump and no chocolates would be required. So I ask you are these investors that banked on governments saving their coin (and hide)? Is that what governments do now, all whilst they fail to hold banks to account?

I will let you decide, enjoy the weekend.

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May 5, 2023 · 00:09

The missed off-ramp

We all have that, we are focussed on one path, one one goal and as such we miss what is in the corner of our eyes. This is not new and no one is impervious, not even me. I was so focussed on my IP and for decent reasons that I forgot to look at what else is possible. In this the Amazon Luna has additional options. The idea that it could be used for all kinds of education wasn’t lost on many, but did they consider the larger field here? 

So in comes a treasure of the past. In 1990 Sid Meier released Railroad Tycoon and it would spread to nearly every home computer on the planet. It was informative and at times educational. Yet the setting could be altered. Yes we can remaster that game and perhaps that is a good consideration. Yet the larger station is not a new version but a totally new game. So what when we do this involving shipping, not merely as a game, but as an educational tool. A setting that starts in the 12th century and from there the ‘student’ gets to create a ship, start an economy and over time we grow from one ship to a fleet, from local boats (educating us on shipping and fishing)  to cargo vessels. The players will get introduced to ports and port costs, profits, margins and in a way that sets a diary towards economics and history, the ships will give people understanding on engineering even mathematics (something keeps that thing afloat). When the game is merely a vessel of distributing knowledge and education the premise of a system changes and that offers a larger tribunal towards educating new and young minds. If ‘the shipping world’ is merely a step, what more can be done? I saw games on the workings of a law firm, too much game, but the idea had options for growth and that is where the educational off ramp becomes stronger. Yes, parents are all up in arms against children playing FIFA and Fortnite, but what happens when educational games get a much stronger appeal? What happens when the next generation gets a new infusion on mathematics, economy, history, engineering and even sciences? This is merely one game, so what happens when the next generation gets an additional education in culture and languages as well. We need to look at the Middle East and Asia where these solutions will find eager minds. India has well over a billion people and when we consider Indonesia, Pakistan and India, the solution would come close to 2 billion minds that is one hell of cluster to consider and my IP was nowhere near that large but it adds to the setting and those two stages are off ramps that neither Amazon nor Google considered seriously. Google even dropped their Stadia, even though it had options, but they never saw it and now there is merely Amazon, with Tencent following closely, for Amazon too close even. All due to missed off ramps these two giants left billions on the floor and now Tencent Technologies is almost in range to pick it up themselves. We all miss opportunities, but Google and Amazon left the opportunity on the floor for close to two years. Do you think that Tencent technologies will make that mistake? 

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May 4, 2023 · 01:30

Indecisive and on the fence

I was on the fence for part of the day. You see, I saw (by chance) a review of a game names Redfall and it was bad, like burning down your house whilst making French fries is a good day, it was THAT bad. Initially I ignored it, because haters will be haters. I hate Microsoft, but I go by evidence, not merely my gut feeling or my emotions. So a little later I got to be curious, you see the game was supposed to be released a day ago and I dumped my Xbox One and it is an exclusive, so I couldn’t tell. As such I looked a few reviews and they were all reviews of a really bad game. It now nagged at me and Forbes (at https://www.forbes.com/sites/paultassi/2023/05/03/redfalls-failure-is-microsofts-failure/) completed the cycle. There we see ‘Redfall’s Failure Is Microsoft’s Failure’ with “Redfall reviews are in, and they are terrible. What could have and should have been another hit from Arkane, maker of the excellent Dishonored, Prey and Deathloop, is instead what may be the worst AAA release in recent memory” and it does not end there. We also get “two hours in, I understand the poor reviews and do not understand the handful of good ones. This is a deeply, strangely bad game, so much so that I truly don’t understand how it was released at all in this state” and that is the start of a collapsing firm forced to focus outside of their comfort zone and the fun part (for me) is that it was acquired by Microsoft for billions. So we are on track to make that wannabe company collapse by December 2026. I added my IP for developers exclusively for Sony and Amazon could help, but the larger stage is that Microsoft is more and more becoming its own worst enemy. Yet, I do not rely on that alone. Handing some of my IP to Tencent Technologies will help. Sony is making them sweat but I cannot rely on Amazon with its Luna, as such Tencent technologies is required to make streaming technologies a failure for Microsoft too. So whilst we mull “we are left with now-goofy-sounding tweets from Phil Spencer announcing last year’s delay, saying that they will release these “great games when they are ready.” Redfall was not ready. And given what’s here, I’m not sure it ever was going to be.” I personally feel they were not, but they did something else, something worse. It was tactically sounds, it really was, but they upset the gaming community. They took away the little freedom gamers had and now we are all driven to make Microsoft fail, whether it is via Amazon, or we will engage with new players like Tencent Technology and add to the spice of Sony, but Microsoft will pay and now it becomes even better, they now have a massive failure for a mere $7,000,000,000 not a bad deal (well for Phil Spencer it is) and that is not the end of the bad news. As Tencent accepts my idea they will create an almost overnight growth towards a $5 billion a year market and they will surpass the Microsoft setting with 50 million subscriptions in the first phase, how far it will go, I honestly cannot tell, but when the dust settles we will enter 2026 with Microsoft dead last in the console war and in the streaming war and that was merely the beginning. They lost the tablets war already, they will lose ‘their’ edge war and ChapGPT will not aid them, a loser on nearly every front. That is what happens when you piss of gamers. To be honest I never had any inkling of interest in doing what I do now, but Microsoft made me in their own warped way and Bethesda because of it will lose too. They will soon have contenders in fields they were never contested before and this failure (Redfall) will hurt them more than they realise.

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May 3, 2023 · 09:23

The empty wall

That happens, the writings is not always on the wall and now with the writers strike in the US, that wall may be empty for some days. Before I go into the now, lets consider what happened 15 years ago when the writers had their fill of exploitation. They went on strike for 100 days and the cost to the California economy was a thumping 2 billion dollars. That setting just now after covid would buckle many players all at one, making the US economy take a turn down in a stage it cannot afford it. There are other elements as well, but they do not matter at present. I was thrown by stories last week about writers that were living on US support. The people that are the foundation for billions in profit are not given a fair shake. How is that for greed and exploitation. They are not asking for the moon, they merely want a fair shake, a decent income. And I cannot see why not. I write stories, I created the foundation of movies and TV series. As such I identify with their needs. Not because of the income or the work I am in. I write for fun and to keep my skills honed. Yet the power of creation is strong and I can identify and side with anyone who made that their life’s ambition. 

As such when the BBC (at https://www.bbc.co.uk/news/entertainment-arts-65447046) gave me ‘Hollywood strike: Late night comedy shows to go dark as writers’ walkout begins’ I took notice. It wasn’t merely “A Writers Guild of America (WGA) strike, the first in 15 years, saw more than 11,000 writers – 98% of voting members – walk out from midnight. Tuesday’s late-night shows are expected to shut down first, while forthcoming shows and films could face delays.” This wasn’t merely a majority rules setting. 98 percent agreed, that is more than strong. It shows that the greed driven parties have taken things too far. I know it is not that simple, but that is the feeling it gives us. In. Place like the US where most people cannot agree one way or the other, 98% agreed and that number needs to sink in with many of us. We see the late night show references, but the larger stage is that this is not about one employer, one show or one movie. This is about the bulk of all and that matters, especially when a person like me throws the terms ‘greed’ and ‘exploitation’ into the mix, because that is how I feel about it. When I see stories about creators of successful series being on government support, something does not add up and these two term come to mind. 

And there is a larger stage with “This time around, writers are clashing with the Alliance of Motion Picture and Television Producers (AMPTP) – which represents the major studios, including Amazon, Disney, Netflix and Paramount – in demand of higher pay and a greater share of the profits from the modern streaming boom” the BBC gives us part, but I believe that there is more. You see when we see ‘a greater share of the profits’ we think it is the writing, but what we forget that streaming profit streams in ‘ad infinitum’ and even if that were true, that is not what the writers get, nowhere near what the writers get. To give a simplistic version, if that setting was completely true. A person like Dorothy Catherine Fontana could (due to her involvement in Star Trek The Next Generation) buy David Hasselhoff out of his $51 million mansion and take it for herself. Even if she got a mere $0.05 per episode, Star Trek TNG has been running in syndication since it aired in 1987 and it is still running at full speed on Netflix, even today. Not all series get there and not all do that well, but there is a time gap, there is a larger stage. Consider that a radio station has to register every record they play, because the composer gets a royalty fee, this has been going on for decades. So why is there no setting for streaming? Now, I am over simplifying this and I am setting a slightly inaccurate example but the premise stays the writers want a fair shake and when we see that industry make billions, why not? The stage is that streaming is a new media that is not completely understood. Some see it as a temporary stage, some see it as the next iteration in media and there is a reason that studios are jumping on that train, it is where the consumers are and during that jump some thought it was a sweet deal in a few ways, yet the people creating those series are largely forgotten, that is how the Writers Guild of America (WGA) and its members feel about it and when you have to make ends meet that feeling of happiness sour in seconds and that is what I believe we see now. 

And when we see “Key issues in the talks have been how writers get paid for shows which often remain on streaming platforms for years, as well as the future impact of artificial intelligence on writing.” And here again we see two different settings. You see AI does not exist, whatever comes from these solutions isn’t created from the mind, it comes from data, data that these writers contributed. See it as an IT solution to cloning the writers mind, based on data the IT solution never created in the first place. So how long until they are made obsolete? And when I see “The AMPTP said it had offered a “comprehensive package proposal” including higher pay for writers.

But it was unwilling to improve that offer further “because of the magnitude of other proposals still on the table that the Guild continues to insist upon.”” I do not see a solution or a proposal, I see a stalling tactic, a way to keep more and hand out less to a people who created the success in the first place. In this Jimmy Fallon (the comedian) gives us “Arriving at the Met Gala, Fallon said he hoped the strike would not go ahead, but at the same time wanted to see “a fair deal” agreed for writers. “I need my writers real bad, I got no show without my writers”” which I think is the true part and with ‘a fair deal’ he hits the WGA nail on the head, I wonder how long it will take the AMPTP to take a serious stand and not true to negotiate part by part and with a ‘win’ on every segment. You see,100 days is enough for some streamers to find whatever they can in Canada, the United Kingdom and Australia, not to overlook Korea, Japan and India. All players that will have time and with 100 perhaps even longer to find players to go for THEIR solutions. They have been in the dark a lot longer and they are hungry for desperate streamers. How much damage will that bring. I reckon it will be more than the $2,000,000,000 the industry had the last time and when that happens, who will win? I feel certain that at that point the AMPTP will not feel like a winner. You see, a player like Netflix relies on its 230 million subscribers, especially outside of the US, their subscribers will look for other solutions when Netflix does not deliver. All this whilst the WGA and its members merely seek a fair deal? This could end up being a mopping exercise whilst the tap remains running. A lot of energy going nowhere and the spectators can clearly see that tap running. The empty wall is not merely the lack of creativity, it will be the result by not decently rewarding creativity. But it is early days, it is merely week 1 of the setting, the writers are adamant. How strong is the AMPTP deal? I honestly do not know because I have not seen any of these documents, but writers that take hunger over food whilst being underpaid is not a good setting, greed never wins over desperation, history taught us that lesson the hard way a few times over.

Enjoy this marvellous day past Sunday.

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