Category Archives: Finance

August 30, 2023 · 07:35

A simpleminded A, B, C

It started yesterday when I saw a message pass by on LinkedIn. (See below). 

The honest first thing I thought was ‘Are you effing kidding me?’ It was like an episode of comedy capers. I thought that this level of shortsightedness was a thing of the past, but it seems to me that people will get themselves into heaps of troubles for the longest of times. And what was that term “endless digital potential?” A call to arms for the stupid people? 

So here I am educating the wannabes and the short of cash people, because it is essential. An API is an Application Programming Interface. It is a set of definitions and protocols for integrating application software, or to ‘simplify’ this “a software intermediary that allows two applications to talk to each other.” It is a way for others to talk to your software or data. It allows access. To give another reference. You are about to connect an anchor to your boat. But there are Danforth anchors, plow anchors, fluke anchors and several others. It depends on the size of the boat and WHERE you tend to park that dinghy, that largely decides what kind of anchor you need, not what is the prettiest anchor, that tends to be a factor in losing your boat. 

To put it in a better way “digital potential” will be seen when you connect YOUR data to anyone else’s data. Did you consider that? You see this blinders approach to information is nice and those with dollar shaped pupils take notice and want to race to that digital potential, yet the reality is something less nice. It is the chapter of risk.

RISK
Risk is the number one consideration, there is no other. Is it worth doing ‘approach A’ to get to the finish of revenue? 

Bad coding
This is perhaps the largest foe. Right off the bat, if you start off with the premise of bad coding, you are exposing yourself to serious API security risks and that is an issue. But fear not this person thought of that. We are given “That’s why we designed IBSuite as API First!” Yes, really? Security risks are still a massive danger. Unrestricted access to sensitive business flows is the stuff nightmares are made of and a security risk will bring that to your front door. 

Inadequate validation
A security researcher discovered an API payload that would send invalid data to their own user process, which would repeatedly fail to be handled correctly. This error handling loop prevented further access to their user account. This is perhaps the smallest issue, the problem is that failure to handle something correctly implies that something goes somewhere else. Do you know where that somewhere else is? Consider that your former colleagues spend decades optimising the data you have now, would you like others to enjoy that hard work, or keep that in house? 

Hesitating over API utilisation
Some state that in big companies, sometimes management can neglect to track APIs and their utilisation numbers. From this point, you can incur many charges and leave yourself open to security risks due to exposed APIs. So not only are you in danger to hand over your data, you can get charged for it too. Utilisation of data and greed in one nice compact solution, who would have thought it possible? 

Accountability
This does sound like the odd duck out, but in reality it often connects to data loss, Since API’s connect external users and applications with a firm’s internal applications, they are potential paths to a firm’s data. If access to these paths is not controlled, data can reach the wrong hands – and can be stolen, modified, or even irretrievably deleted. So data could get copied and then deleted, to make sure it does not hinder YOUR storage. I wonder if they will charge you to hand the data back? Just a thought.

Risks of XML
I admit, this is the hardest one for me. It is not always easy to put your finger on XML, its usage is too widespread, in the 90’s it was never an issue, more of a fab for some. Yet, 3rd party APIs could be compromised and leveraged to attack other API services. Attacks such as SQL injection, XML External Entity injection, and more, should be considered when handling data from other APIs. This part tends to be tedious but essential. It is time consuming ground work, but it must be done. 

APl incompetence
This is harder for me, I have a massive lack of knowledge here, it is specific niche knowledge that the experts have, yet it amounts to the ability to have a fault-tolerant system. Consider that in the 90’s there was accounting software. If I used a specific expression, the program would crash. No biggie you would think, but at that point I ended being in THAT system, now completely open with supervisor privileges. I had access to the entire mainframe with access to everything. This was a specific setting that was solved 3 weeks later. But what happened when it was not found? Consider that your system is open to anyone that employs such a solution and they get access to everything including the porn pics of your wife and your data. I am willing to bet that option one was a lot more upsetting to you, weird that.

Lack of security
You would think that this is covered, but it is not. Akamai (a US cybersecurity firm) reported “Of note, fewer than 50% of respondents have API security testing tools in place. Even fewer have deployed API discovery tools. Although the survey results suggest enterprises recognise the security risks of widespread API usage, there is no clear consensus on where to prioritise investments”, this matters. Security should be everything when it is about your house and your data. 

This is all mere top-line header consideration. So consider the intro I reacted to and the lack of risks that it shows. So how much risk are you willing to take with your house and your data? If I was inclined to be that short sighted in promoting ‘digital potential’ I would have gone with “APIs are not required, but if you consider and adhere to the risks in a proper way, they are the safest way to connect and explore digital potential. Any eco-system has risks, which is why we designed IBSuite to be a safety first option in exploring the digital oceans for revenue you cannot see now, but to get there in a digitally safe way, one that keeps your data YOURS.” Is it as good? Perhaps not, but it instills value that you as a customer and the data YOU have is used for safe navigation and that matters.

This was a functional boat once, they chose the wrong anchor and in the wrong place that cost them their livelihood. What will you do? Look deeper, look better, look elsewhere? All good questions and it all started by understanding the risks of an API because everything has a risk, not looking at it implies you are taking too many risks with something you can only lose once. 

1 Comment

Filed under Finance, IT, Science

Tagged as , , , , , ,

August 27, 2023 · 14:56

The Funny Money Paradox

I have been dreading this. For the most I do not care. But there is one upside. The media have ignored this too and by the end of the story, you will wonder why the media ignored it. They are all uppety uppety for the most silly reasons and they will not care, not until it hurts their digital dollar bottom line. So here goes. In the first Funny Money is a slang term referring to Counterfeit money. Money obtained in a devious or sneaky manner. And that kinda connects to us. It is also a paradox as it is a statement that is seemingly contradictory or opposed to common sense and yet is perhaps true. So that is how I got to the Funny Money Paradox. You see the two largest contributors to this act are Google and Apple, yet they aren’t doing anything illegal. There are merely using all of you to create a new stream income and the stream of income is you. So how is this happening?

You download a game from Google Play (or Apple Store) and you play it. Within the first two minutes you will have seen at least one add, more often 2-3. Now you start playing and the adds keep on flashing by (or is that buy). The game is seemingly simple and it is taunting you that you are to stupid to play it, or that only 1% can play to some distant level (fifteen) and you go for the bait. You are not stupid and you are more intelligent than what they claim and that is how they win. By the first 5 minutes you are likely to have watched 4 advertisements and that is the goal. You see 4 times $0.05 does not amount to much and you might not care, but consider that 250,000 have gone before you. It now starts adding up to serious cash. The game makers gets now $50,000 it starts adding up to serious cash soon enough. Now consider that some games are downloaded over a million times. See how this adds up? And the simple tool (I mean you) keeps on playing and funding the game maker because he has turned GaaS (Gaming as a Service) into a decent stream of income. And it is getting worse. In the last few months I have seen perhaps half a dozen at most that are decently decent games. Yet they have the same setting, but from day one they offer you to avoid ALL advertisements for a small fee (from $4.99 to $14.99) and that avoided watch-time is translated to immediate bonus to you. That is fair, a game costs money and the makers gives you the option. The problem is that most games are so set on cashing in, that they are using more and more simple graphics to cash in as quick as possible and often making more than one version of the same game whilst employing slightly altered graphics to get to the revenue. And it is all happening on the watch of Apple and Google. Now, lets be clear. Neither are doing anything illegal and they can continue as they would like and for me that is good news. My IP will shoot up when people have had enough by being the game makers piggy bank and these makers will not be allowed on the new system. So why am I on this horse? Well, in the first it demeans the status gamer. A gamer is more than an advertisement hub. In the second gaming is a wave of pleasure, not a wave of income. The gamer could be an income and I am fine with that, but these makers are ‘playing it safe’ and exploiting gamers to their own needs first and in the second giving them gaming joy. That is the largest issue I have, the media is second but it is important to see that. They are all uppety uppety on loot boxes and holding the gamer no accountable to any of it and this they avoid? Is this making sense to you?

In the end it will work out better for me, but I then hold myself up to higher values. To exploit this setting just to fair way better is not my cup of tangerine juice either. (I have something with tangerines lately) and I wanted to make sure that I was out on this and you get the chance to seek out the media to see who else reported on this and you will see that many avoided this. So whilst you see another ad on how their game is exactly like they say it is (whilst doing exactly the opposite), whilst you wonder how simple it is that 1% cannot do this, all whilst you know that they can or that gamers are too stupid to get there, whilst you know a five year old can do this, consider that gamers of any age can be made to watch advertisements. So how many advertisements did you see, how many did your children watch and why isn’t anyone waking up to this level of exploitation? Now consider the harsh reality. One source gives us “The global revenue in the ‘Games’ segment of the media market was forecast to continuously increase between 2023 and 2027 by in total 136.8 billion U.S. dollars (+34.53 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 533 billion U.S. dollars and therefore a new peak in 2027.” So how much of that is watching advertisements? How many advertisements are you in for and why are Google and Apple feeding that horse? Consider the answers and consider that even as this isn’t illegal. How do you consider exploitation? 

Consider the points, consider the elements and consider what sources aren’t informing you at present.

Enjoy this Sunday, Monday is a mere evening away.

Leave a comment

Filed under Finance, Gaming, Media

Tagged as , , , , , , ,

August 26, 2023 · 16:11

You were saying?

After yesterday I had all these ‘complaints’ and how wrong I was, that this would never happen and I rejoiced, because the evidence was already there. I was actually dreading todays article (which will now happen tomorrow) and puts Apple and Google in a setting of funny money. But first this part. So, people were sure I was wrong? So let’s take a look at Al Jazeera (at https://www.aljazeera.com/economy/2023/8/25/saudi-arabia-considering-chinese-bid-to-build-nuclear-plant-report-says) gives us ‘Saudi Arabia considering Chinese bid to build nuclear plant, report says’ where we are given “Saudi Arabia is considering a Chinese bid to build a nuclear power plant in the kingdom amid frustration over the United States’ stipulations for supporting Riyadh’s quest for nuclear power, the Wall Street Journal has reported” which with the added “In 2019, a senior Chinese official said Beijing could build as many as 30 overseas nuclear reactors through its “Belt and Road” infrastructure drive over the following decade”. So to give you the bland numbers, a nuclear reactor will cost between 6 and 8 billion. So 30 of them amount to around $200,000,000,000 that is revenue the US is now losing directly, one deal cost that much. I have no doubt that China will get a mere 1-3 reactors to start with, yet this amounts to well over $20,000,000,000 from the start. Revenue the US (optionally partially EU too) will lose. One deal sets that strain on the US revenue needs and partially European too. Now we also get (from an unknown source at http://www.ecns.cn/m/news/culture/2023-08-25/detail-ihcskrzm0994854.shtml) there we are given ‘Saudi Arabia to teach two Chinese classes weekly in secondary schools’, if this is true then the KSA are tightening bonds with China and that spells a bad year for America. I might have foreseen a lot of this, but to see operational steps being done implies that the USA is done in the Middle East. In addition to this I wonder how far the steps are at present with the UAE. You see they are both joining BRICS, as such they both stand to gain by these steps at present. Even as the UAE might not be seeking nuclear power, they (especially Dubai) stands to gain a lot by having at least one. So whatever is under options with Saudi Arabia, I reckon that the UAE is not far behind on this. In a day we see the stage where the US, due to its own stupid actions is about to lose out on well over 200 billion, and it is seemingly all going towards China. So you were saying? And how much more losses will America cop before it starts to realise that the folly approach from 2019 onwards was stupid on a premium level? 

And this is merely the beginning. As NEOM grows, so will the opportunities that China will get, America, the UK and EU pretty much priced themselves out of those markets. And the news goes from bad to worse. None at the moment, but in Q4 2023 there will be a lot more news clippings on options that are now no longer going to the American Coffers, that part is pretty clear at this point. So I was right all along. It doesn’t make me happy or joyous, yet for the Americans who realise that they are out they might want to have a heart to heart with the politicians and analysts who should have seen this long before I did and if they did, why was nothing done?

Enjoy the weekend.

Leave a comment

Filed under Finance, Media, Science

Tagged as , , , , , , , , , ,

August 25, 2023 · 19:06

And then there were 6 more

I have been expecting this, I have been awaiting it. OK, I have a few different reasons, but the added BRICS members (from January 1st 2024) are Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates. I don’t think that the people get how much of a issues this is going to be. BRICS members, just like any other membership (like EU, NATO) will give preference to its own members first. On ‘the seventh guest’ (at https://lawlordtobe.com/2019/06/21/the-seventh-guest/) I wrote “I am certain that Russia and China will use this opportunity that opened up, I just do not know how at present.” That was June 2019. There was no war looming in the Ukraine (and BRICS was not on anyones radar). This setting would be coming naturally from China and now we are about to see that play. Now consider that Saudi Arabia imports from United States was a simple US$16.22 Billion during 2021, now also consider that U.S. Exports to Saudi Arabia constitute 14.2% of total U.S. exports of those commodities worldwide. Now consider that these two numbers will diminish by at least 50% and those trades all go to China (optionally Russia too). I reckon that January 2024 will be the start where the debt levels the US currently has can no longer be allowed. Doing so will end its existence sooner and sooner. Should the US default, they will drag the EU and Japan down with them. A sentiment that China will not shed a tear about. Egypt is interesting as it propels the Saudi plans for their global G5 plans a lot further and a lot faster and it puts the EU and US out of the game pretty much overnight. As such there are signs that the latter two are racing to get agreements in play now. Something Saudi STC and Chinese Huawei are eager to block. Now consider a second part. The quoted setting was “the relationship is that the United States of America (USA) provides military protection of the Kingdom in exchange for a reliable oil supply from the Saudis, pricing of oil in USA dollars, and Saudi support for American foreign policy operations across the world” under those steps China is the most likely party to enlarge their options and they stand to get a lot more oil, oil that is likely not to go to the US and EU from January 1st 2024 (or at least a decent part of it). The latter one is a speculation, but it fits the long term play China is employing and in this I could be wrong. The KSA has long term agreements with the USA. The larger concern isn’t merely the KSA. In this new agreement Iran and the UAE join and now there is a new balancing point in the Middle East and the Emirates are part of that. So how much import does the UAE get from the USA and EU? So when they too go from “United Arab Emirates Imports from United States was US$16.88 Billion during 2021”as well as “European Union Exports to United Arab Emirates was US$37.38 Billion during 2022” and now consider that these two will go down by at least 50%, if not a whole lot more. That gives us $99,000,000,000 in lost commerce from these two places alone and that is merely the start. So how will their government credit cards go when they do not have these revenue streams continue? After that consider the damage that lost revenue from Egypt could get up to as well as increased revenue to China and this is not new, that danger existed from 2019, but certain American politicians were to ego driven and now it all comes to a speculated halt in 16 weeks. For China it will turn out to be a very merry Christmas this year. For the EU and USA a lot less so. But they were warned (not by me), these so called wannabe’s making the calls had more than information I had and they played the ostrich game. So how is that playing out for them? If you were hoping for some miracle cure from me you would be wrong. As I see it, it is too late for that. The US and UK should have adjusted their courses at least 3 years ago (7 would have been better). In the end for several players their upcoming BRICS membership is merely  business decision and that is what China and India are hoping for, because it opens their options by a fair bit starting in 2024. 

As I personally see it, the endgame will play itself, I see no moves left for the Commonwealth, the EU or the USA. Setting that should and could have been avoided for close to 5 years were never done and now with an enlarged new player on the global stage we can watch and see Wall Street implode on itself. To see the desperate go nuts on greed missed all because of some ego driven politicians will be stellar on a few levels. You see a secular population is a weird thing, the moment things go really south, they will rely on the faith of others to let them continue. Does that make the profoundly lost sentiment a drive of sarcasm or a natural wave of irony? I am not sure what applies more but as an antithesis they might be feeding each other for some time to come (especially when the media wants to get as much digital dollars as it can). 

I honestly wonder which systems will still be in play by April 1st 2024, what a joke that will be. Enjoy the weekend.

Leave a comment

Filed under Finance, Media, Politics

Tagged as , , , , , , , , , , , , , , ,

August 23, 2023 · 20:55

A very different oak

OK, to be honest, this dream hit me some time ago. I had it, but I have no idea why I had the dream and I might never figure it out. The event was at Golden Oak Orlando. I was visiting someone and when we got to his abode (a mansion by any other name) we were overwhelmed. I reckon that this is the feeling that all those who ever visited someone’s place in Golden Oak leaves them. It is a little overwhelming. So we got to his place, we were shown the lower part of the house with an inner courtyard. There was a pool, a jacuzzi and a few other amenities making sure that we all felt a little out of our comfort zone. We went to the corner in the inner courtyard and we had something to drink. There were two pitchers of iced fruit-juice and it was wonderful. I went for the slightly more orange one. It was a mix of peached and tangerines loaded with what seemingly a shrapnel of ice parts. It was icy cold and refreshing. My kind of refreshing. The others were talking and I was listening and looking at the details of the courtyard and the kitchen room through the glass. The stove looked old-fashioned but seemingly bursting with high tech elements. A stove anyone would dream of having in their home. After the drink the second part started. We saw the living room, the kitchen we walked through and we saw a large pantry. The living-room was a little spartan but stylish. We all walked up the stairs and we saw the master bedroom. Not sure what the style was, but it looked neat. The walking bathroom was to die for and had everything on a space that is pretty much my living room. There were the two guest rooms and they both had their own style, nice but very different. And I saw the door, the door that would change it all. The door was out of place. It looked a lot heavier and darker, like dark oak heavy. From a distance it stood out, even as the door was deeper into the wall than any other door in the house. It stood out like a bank vault door would stand out in any apartment, it looked that heavy. The door was dark oak as said, but it was engraved unlike anything I had ever seen. The owner then moved a panel in the door and a small opening revealed itself. 

The opening had a key, a very old fashioned one and if I had to make a guess it was a 17th century key, but it looked off somehow. The panels showed us characters from Peter Pan and Mr. Smee (the first mate from Peter Pan) was the center piece of the door. The door opened smoothly but seemingly heavy and the door didn’t open at the end, the door opened with the axial at one third of the door and the door was a lit thicker than a door should be. What I saw then blew me away. The room was almost entirely made from wood, hardwood floors, and I saw to the right what could have been the navigator desk from a galleon. To the left was an admiral’s table with swanky seat. The navigator had its own swanky seat, both a chesterfield design, both chairs build for comfort and I walked in. I saw the small door to the end and I walked towards it, it opened up to a small balcony with seats. The wooden balcony seemed to have been part of a slightly enlarged balcony like the admirals room on a galleon with a small table and chairs. 

I looked around and I was slapped across the face a second time. The walls I can in from were the  rear of a galleon, complete with stained glass and a view of the ocean. The wall that connects to the house was an ocean and the smell of salt water was invading my nostrils. A freakin ocean? I slowly walked towards the end of the ship realising that it was smoke and mirrors (of sorts) the windows were real enough, the sound of a seagull was there, but as I stared closely I noticed the fine lines. The view on the ocean were TV screens 4 meters wide in total, about a meter high. 4 of them. There was a hidden vapour in there feeding us seawater. The sound came from the screen. It was the sound of the ocean with a bird every no and then and the screens were merely showing us the water waves, almost like it would have been were we on a galleon. The walls had pictures. One in heavy sterling with the image of Bill Thompson (the name was engraved in the centre of the bottom side of the frame. I knew the name as I grew up with Disney movies. He was the voice of Mr. Smee in the Disney version of it. There was an image an autographed one of Bob Hoskins, the man who played Smee in Hook and there were more Smee memorabilia all over the room. The navigator desk was a desk, it was fully functioning with a large map of Never-never land. The map rolled up and stayed rolled up. Beneath it was a screen a 32” touch display that showed the Mac screen and applications. There were all the Adobe ones, all the Apple ones and several I had never seen before. I noticed that below it were extensions that came out, for both the keyboard and to the right of that an A4 digital writing pad. The system was super-fast, faster than the average G5 and it looked super intuitive. I looked around to the admiral’s desk which as a large and very nice desk with all kinds of amenities. The top of the desk was wood and I think a strip of leather, for writing on I reckon. The drawers were all engraved and to the right of the desk was a panel like it was some kind of food elevator. The panel was opened and two plates with canapé’s came out. They were delicious. The door I came in through was no longer visible, well not until you go looking for it. I saw the lines of where the door was and it was almost invisible to the naked eye. 

The chair was bordeaux red, it looked extremely comfy. We ate the food and we all were mesmerised on the room. I was not the only one blown away. This was his office space and it was one hell of an office space. It was a few minutes later when we left the room and as the door opened the screens shut down, the sounds faded and to room lights all dimmed but did not turn off. As I left the room I heard the room lock and I heard more clicks, almost like a set of alarms were set to sharp. We went down again and in the kitchen I now noticed the same panel we hd upstairs. A food elevator and a chef was there with plates of food that staff were bringing around. There was a Japanese plate with marinated eel. Plates with what seemed to be wraps with chicken and I had another fruit juice. I took the yellow now, which was I reckoned pineapple with Limes and I guess pear. It was slightly sweeter, I preferred the orange one. Which was my third drink. We sat down in the living room and I was listening. I also figured out I was the plus one of one of the ladies there. She was way out of my league, so no idea who she was and why she was with me and as I was sipping my fruit juice I faded away and woke up in my own bed. 

The dream stuck with me and at first I thought it was the setting for some kind of game, but there was no relation to any game I thought up. Then it could be for TV or movie, but the office space was too distinct. I would have loved to have a house and with such an office, but too much was not my initial desire in office choice, even as the computer clearly was. Sometimes the brain takes you on a meaningless quest, so I might never know why, but that feeling of looking around and watching the ocean still haunts me and I have no idea why.

Enjoy the day, we are now past the 50% point towards the weekend.

Leave a comment

Filed under Finance, movies, Stories

Tagged as , , , , , , ,

August 22, 2023 · 20:51

Turning the pages

This is Aterm we use, sometimes correct, sometimes incorrect and sometimes literal. We all do it and I am no exception. Yesterday I had a detour and the detour kept on going in more and more directions, seeing more and more new ideas based on the old premise and that is not where it ended. In all honesty, part of the ideas flowed from the ideas of John Spilsbury (always look back to old masters when you get stuck) and he was no exception. There were more parts connected to this, but that is for another day. Whilst doing this my mind wandered towards the CBC article ‘Every developer has opted to pay Montreal instead of building affordable housing, under new bylaw’ (at https://www.cbc.ca/news/canada/montreal/developers-pay-out-montreal-bylaw-diverse-metropolis-1.6941008), yes avoiding doing the right thing by paying the fine is the way the greed driven work. In the end it is always about the bottom dollar. I think the best quote comes from Mel Brooks in History of the world part 1 with “Leader of Senate – The Roman Empire: All fellow members of the Roman senate hear me. Shall we continue to build palace after palace for the rich? Or shall we aspire to a more noble purpose and build decent housing for the poor? How does the senate vote? – Entire Senate: Fuck the poor!” This pretty sums up the bulk of all real estate developers. And the picture isn’t pretty. Especially as the (a speculated view) the fines are so low that these developers will continue to ‘Fuck the poor!’. The article gives us “Two years after Valérie Plante’s administration said a new housing bylaw would lead to the construction of 600 new social housing units per year, the city hasn’t seen a single one. The Bylaw for a Diverse Metropolis forces developers to include social, family and, in some places, affordable housing units to any new projects larger than 4,843 square feet” and when you consider the added “Those fees (read: fines) have so far amounted to a total of $24.5 million — not enough to develop a single social housing project, according to housing experts”, as such I see the math as “there have been 150 new projects by private developers, creating a total of 7,100 housing units” giving us a fine of $3380 fine per housing unit and the housing units go well over a million each, sometimes well over 3 million, as such the fine is a joke and it is that yoke that hits Valérie Plante in the face. Now, normally I will not care. I do not live in Montreal, I am not Canadian, but this setting will be copied by developers towards the UK and Australia making their wealth a lot more and gained quicker. As an example I would like to raise the paperback setting of the London Administration with their Powerhouse. So how many became social housing? The answer is laughable and this will run over to Australia as well (perhaps it already has) and these administrations are seemingly a joke. I have been waiting for 10 years for a decent affordable apartment and the waiting list is nowhere in sight at present. So whilst the CBC presents us with “The city of Montreal had promised in 2021 to release the two-year results of the bylaw by early 2023, but hasn’t done so. Ensemble Montréal says it compiled the data itself, using the city’s open data. It is calling for Plante’s administration to disclose what it plans to do with the five new plots and $24.5 million.” As such I have no real hopes that anything will be achieved and I fear that a similar setting will make matters worse in the United Kingdom and Australia. New Zealand has a tight grip on exploding greed, as such they are in a much better position than any of the three others. Even as Australia might be in the least problem of the other two, it does have issues and the UK is in a really bad shape as it is allowing investment groups to buy out complete suburbs at present. CNBC gave us in February ‘Wall Street has purchased hundreds of thousands of single-family homes since the Great Recession. Here’s what that means for rental prices’ and it is not merely the US, as I wrote about it in the past, the UK (London Specifically) is a great way for these players to store their wealth and watch it safely mature, in the end we all need a roof over our heads and the boasted returns for London are too good to pass up and I personally believe that places like Toronto and Vancouver are about to meet those same returns, especially as we see events unfold now in Montreal. So how much longer until these places as well as Sydney are set in a similar stage? I will let you figure it out, but the numbers aren’t looking good if you are in a shifting position of housing. And matters are getting worse. In the last 10 years in Sydney things went from bad to disastrous and I reckon that more cities are on that list of shifting tides. And this amounts for the Commonwealth and the EU metropolitan pressure points. Munich, Amsterdam, Rotterdam, Stockholm, Madrid and Rome being prime examples. Weirdly enough Paris escaped the stage. If Le Monde is to be believed with ‘‘Adapting the existing’: Paris’ plan to reach 40% affordable housing by 2035’ they could be ahead of the curve by a massive amount. I wonder if Australia, Canada and the UK have looked into this as a possible solution. Not sure if it is possible (as I am completely ignorant of building codes in these places) but it is a setting I had not seen before as far as I could tell.

So enjoy the week and consider your rent, and how much it could go up this year when it is owned by a Wall Street player, a fearful page turner is ever there was one.

Leave a comment

Filed under Finance, Media, Politics

Tagged as , , , , , , , , , , , , , , , , , , , , , , ,

August 19, 2023 · 23:50

It started with television

To get the entire mess I will start with a television episode.

The line was “Not that I don’t appreciate the sentiment behind your nightmare scenario” it was linking a conversation between President Bartlett and Dr. Takahashi. The episode was ‘A good Day’ season 6 episode 17. Yes, this part is fiction and some of the mentioned elements were too, but not all and that is the striking part. This episode aired in March 2005. You think that would be the end of it, but you would be wrong. Lets take a look at reality.

The Financial Times gave us ‘Saudi Arabia cuts holdings of US Treasuries to 6-year low’ on august 17th (at https://www.ft.com/content/2925952d-1e20-4748-8fa4-05b3605fc46a). There we are given “Saudi Arabia sold down its holdings of US Treasuries in June to the lowest in more than six years, as the kingdom directs more funds to foreign equity and domestic investments. The kingdom held $108.1bn of Treasury securities in June, down $3.2bn from May and below the $119.7bn it held at the end of last year, according to data from the US Treasury department.” This is merely part one, the second part is seen with ‘China likely to cut more US debt holdings’ (at https://www.chinadaily.com.cn/a/202308/16/WS64dce79ba31035260b81c880.html) this is not the end, this is merely the beginning of what was described in the West Wing as the nightmare scenario. You would think that the EU and Japan would come to the aid of the US, but you would be wrong. Mario Draghi overspend trillions in the past and now the EU credit card is stretched to the max. Japan had in March 2023, a Japanese public debt is estimated to be approximately 9.2 trillion US Dollars, or 263% of GDP. Japan has no place to go and that is the beginning of systems collapsing. The US is in its endgame towards becoming an economic third world nation. 

Yet there is more tom come. We also get (at https://finance.yahoo.com/news/death-entire-financial-monetary-social-180841464.html) ‘‘It’s The Death Of The Entire Financial, Monetary And Social System’: This Market Expert Warns The U.S. Dollar Is Quickly Losing Its Reserve Status.’ I do not know Jing Pan and I do not know whether she is correct, but she gives us one part that struck a nerve. She gives us “In March, the collapse of Silicon Valley Bank grabbed major headlines. After the bank sold its Treasury bond portfolio, it incurred a substantial loss, causing depositors to question its liquidity and leading to a bank run. Amid this market upheaval, Silvergate Bank, First Republic Bank and Signature Bank failed as well. “This banking crisis is not over,” she said. “Maybe they’ve been able to paper over it, and so everybody is calm, and you have consumer confidence going up and all of this other kind of garbage. But it’s built on a house of lies.”” It struck a nerve because I got there through different means. You see when the SVB issues was playing out, we suddenly get a news article with Janet Yellen who is keeping tabs on the situation. Janet Yellen, United States Secretary of the Treasury. Not some governor from California, not someone from the banking industry. No, it was El Jefe from the treasury herself. It was overkill. I had issues and I wrote about them earlier (not sure when). I wondered why the SVB was in that setting and why Yellen personally took notice. I wondered who was holding the US bonds. Because banks had some of the bonds, but no one had a list of how much and no one had a clue (or remained silent) on how much the SVB was holding. 

As such I had an issue, things weren’t adding up. And now the two largest finders of the planet are shedding the US debt. As I see it the US has painted themselves in a corner and things will go ugly soon enough.

This is where the next article comes in. The article (at https://tickernews.co/u-s-credit-card-debt-levels-just-surpassed-1-trillion/), which is not the only source gives us ‘U.S. credit card debt levels just surpassed $1-trillion’, as such 300 million people have a collective debt of over on thousand billion. This amounts to the degree that every American has a debt well over $3,000. So how will this unfold when the dollar drops? Now, I am generalising but the larger stage is now set. Bonds are going nowhere and in 2022 long-dated U.S. notes lost 39.2% in value. So how safe are those bonds now? We know about the inflation and that it is rising, but CNN reports that ‘US banks sitting on unrealised losses of $620 billion’. This came to us in March, as such the SVB issues are rising, are they not? So where are those bonds? Who is reaping the losses on that one and the nightmare scenario that a television series gave to us in 2005 is about to become a very real issue in 2023 and 2024. 

We might have thought 20 years ago that bonds were the safest place to be, but only 20 years later and this is no longer a reality and moreover the allies of the USA are shedding them, or cashing in to reduce the damage from them. This leaves America in a very vulnerable position. As I personally see it, they painted themselves in a corner and the windows on the two adjacent walls are soon out of reach to anyone in that corner. To add to this, the paint is red and massively toxic (as I see it), so no release unless someone can find a little over 20 trillion to help the US, the usual suspects are out of cash and I reckon Russia will not offer help either. Consumers have a total accumulated debt that surpasses a trillion and the bad news keeps on stacking up. All because politicians were playing the ‘screw it’ card. Now that the ledgers are up for grabs the US is sitting in the worst spot it has been in in well over a century and corporate and business America is looking for any way out of the US at present. 

When you see that image and you add the failures of Microsoft a different image comes to mind and it is not a pretty one. So why Microsoft? Because it is part of the Dow Jones Index. It might only be for 4.9% but when that goes south the DJI will see a much larger problem. You see it is not merely Microsoft, it becomes an issue for Goldman Sachs as well and when the dollar collapses. What do you think that places like UnitedHealth Group, Johnson & Johnson, VISA, American Express and Walmart will be left with? When over 150 million will have no money left the consumers pushing the aforementioned companies up will also fade pushing rates and results down. All things that could have been seen will over 2-3 years ago. And there is no blaming the Russian-Ukrainian war, this would have happened no matter what. Optionally it happened sooner, but not much sooner. 

Even if ‘A good day’ was the start, the settings have been in place for years. I believe the media merely looked the other way, because the other view was sexy and optionally offered more digital dollars, another funny money business. 

So am I wrong?
That is the question. I could be and relating articles like I am is to some degree folly, but it was all I had at the time. And if there is an economic person (I am not one) giving us a clear answer why I am wrong, I would accept that, but there are too many issues in the field and there are too many issues out in the open. I wonder if anyone could counter them all. But I will keep my eyes open to see if someone goes that way.

Anyway, have a great day and I am about to start the final day of the weekend.

Leave a comment

Filed under Finance, Media, Politics

Tagged as , , , , , , , , , , , , , , , , , , , , , , , ,

August 17, 2023 · 17:15

Strike Two

This started earlier. It started weeks ago and I was aware, I took notice. Yet, that was about it. I mean no disrespect. I do not live in the US, I am not California and as such I am merely partially aware. I see what most outside of the US see. We see the strike, but yesterday I saw an opinion piece in the LA Times and that woke me up a little more and would you believe it, this morning I got more awake. There was an advertisement on YouTube, it was the Pilot of Lioness and it was one hell of an ad. It was 50 minutes, it was the pilot. Yup Paramount Plus took their balls and hung them up the wall. OK, this is a first that I watch a 50 minute advertisement. Yet, it was not about the ad, not about Lioness but it gave me focus, so lets begin.

The LA Times Story (at https://www.latimes.com/opinion/story/2023-08-15/netflix-antitrust-anticompetitive-labor) gives us ‘Hollywood strikes prove Netflix and other streamers have grown too powerful. Time to break them up’ here we are given “Many have called the stalemate an existential crisis because it concerns new issues such as residuals from streaming services and rules for the use of artificial intelligence. These go beyond the usual labor issues such as wages and benefits and cut to the heart of an industry in which streamers such as Netflix can dominate all aspects of the business.” It is one side that I had not seen before. ‘Entertainment’ has become an end-to-end business over ALL verticals. I had not considered that merely because I am not part of this industry, I never was. Yet here we are given “Antitrust laws need to be invoked — as they were in the 1940s in U.S. vs. Paramount — to break up streaming services that both produce content and distribute it. This vertical integration has deeply changed the longstanding entertainment industry ecosystem, which allowed employees to survive and studios to prosper.” Which gets us to “In 1948, the Supreme Court ruled against the studios, requiring them to divest themselves of their movie theatres if they wanted to continue in the production business. Shortly thereafter, theatrical films began to be aired on television with no additional compensation for creative talent. This led to the strike by both the Writers Guild of America and the Screen Actors Guild in 1960, the last time the two struck simultaneously.”

With finally “If Netflix and its streaming peers like Apple+, Amazon Prime, Disney+ and Max can maintain their vertical control, it will be next to impossible to settle the Hollywood strikes in ways that could preserve the ability of creators and technicians to earn a decent living and protect creative diversity. The old vertical studio system was broken up by the Justice Department. It may be time to do the same with these 21st century behemoths.” And that was the wake up call I needed. The Paramount ‘advertisement’ was apt and consider that Lioness is new stellar series. Kidman, Saldana and several others are making a bundle. They earned it, their work is first rate, as is the director and the director of photography. They all did a stellar job, but it would not have been possible without the writer, without the writer there would be no script, nothing for the director to work from. So how much is he making? 

We see the accusations that the top person, which in the case of Disney is Bob Iger, in 2022 he made well over $14,000,000. This amounts to well over a million a month. Now lets take a look at the image below.

So a series that streamed over 3,000,000,000 minutes, making it one of the most profitable and most successful series even, the writers were collectively paid $3,000. Please explain to me in what universe 3 billion streamed minutes gives us a combined pay check of $3,000? You see those three billion minutes amount to 138,121.5 years. Does it make sense now? The writers are beyond underpaid. They are the legal slaves of America and they deserve their right coin. But American history is seeded with injustice and exploitation and to be honest until the LA Times piece I did not see it, so who else was unaware? We are given snapshots, yet until you see the entire vertical of exploitation it makes little sense and now with that streaming vertical exposed you can see just how unfair it is and one series, the series suits, showed us just how much the writers are fed up with being ignored what should be rightfully theirs.

Enjoy the day.

Leave a comment

Filed under Finance, IT, Law, Media, movies

Tagged as , , , , , , , , , , ,

August 16, 2023 · 18:03

Evolution is not merely the person

The setting started a few days ago, yet the new stage we are shown is merely hours old. Even as it seemingly started on August 12th with ‘Tapping an economy’ (at https://lawlordtobe.com/2023/08/12/tapping-an-economy/) the stage is getting redefined, almost as we speak. This is seen with ‘Saudi Arabia and UAE race to buy Nvidia chips to power AI ambitions’ (at https://www.afr.com/world/middle-east/saudi-arabia-and-uae-race-to-buy-nvidia-chips-to-power-ai-ambitions-20230815-p5dws6). I believe personally it is merely one of two sides. You see, we are given “Saudi Arabia and the United Arab Emirates are buying up thousands of the high-performance Nvidia chips crucial for building artificial intelligence software, joining a global AI arms race that is squeezing the supply of Silicon Valley’s hottest commodity.” But it is merely one side and this side is putting pressure on the US, it’s companies are running out of funs and their credit cards are reaching limits. These two players have the cash to run circles around dozens of nations and that is not the only place they are in an advantage. I will not go back to my IP (no mater how valid it is). The larger station is that these two players will need data centres and that is where EVROC (as discussed in the earlier article 4 days ago) has the ability to set up national data centres, a stage that takes American companies out of the loop. I am not anti-American, I am anti-stupid and the catering that data centres have given the US companies all whilst places like Cambridge Analytics opened up to is now starting to show. There is the added setting that nationally speaking these two players prefer to be set in, the stage is not merely based on national needs. I personally believe that they have a ‘non-American’ involvement mindset. And I reckon that evidence will be proven when EVROC is allowed these two new data centres as well. It puts the USA in a massively decreasing setting. Another (non-related) stage is added to this. Only a few hours ago Yahoo Finance (merely one source) is giving us (at https://finance.yahoo.com/news/dollar-being-dethroned-india-just-201500390.html) ‘India just bought 1M barrels of oil from the UAE using rupees instead of USD for the first time’, we can chalk this up to a whole set of reasons and if someone states that this will be the pro-forma setting of BRICS, I will not be able to support or oppose it. There is not enough data accessible to me. The larger stage is set that the US is being ignored for too man settings and that is merely in the last week. I do not care how many Pizza al Fungi’s Janet Yellen has consumed, or how magical that dinner was. The stage is that the US has become trivialised and a lot of it is by their own doing. So whilst some are staging to trivialise that India is not using the US dollar. The reality is that only 3 years ago that option would be ludicrous and here we see it play out. So is BRICS becoming more powerful, it the US becoming weaker and just how much gains will Saudi Arabia and the United Arab Emirates make in this year alone? EVROC is still a Swedish conundrum, but there are too many voices out there that are too anti-American voiced (which is not anti-stupid, my personal setting). I know I am seeing my own prophecies come to reality, but not in a way I envisioned. It could be that I never had the proper glasses to see it all, or it is because new elements are coming to bear and that second part is the larger stage I am now worried about. Not because of what the KSA and UAE are doing, but because of the US and its Trump and Karen setting, it is highly likely that it will drag the EU and Japan down with them. These latter two made the wrong calls a few times and now that the endgame (of the US) is starting to show, the back paddle actions of the EU (optionally towards China) might not be enough. I have no idea how this will play out for the Commonwealth. The stage of Canada with wildfires and 90% of the NWT being a goner looks more like a scene from ‘How it ends’ (2018) than reality, no matter how surreal both are. As such this stage will impact the rest of the Commonwealth. The UK is close to broke, and with Canada in the state it is in, the Commonwealth needs to find a safe place and footing and the US is less likely to be that place at present. It needs to find a solitary road to link to nations and that is the hard part. I have no idea what the safe route is, but I do feel certain that the US is no longer that part. I feel that finding a way to connect to the Middle East is presently safer than a link to China, but in reality I am speculating on what the safer route is. 

The setting we see now (the Nvidia AI chip) where we were given (at https://www.crn.com.au/news/ai-chips-could-save-future-data-centres-money-nvidia-599254)“Nvidia chief executive Jensen Huang has a mantra that he has uttered enough times that it almost became a joke during his SIGGRAPH 2023 keynote last week: “the more you buy, the more you save.”” Yet the setting is not merely ‘the more you save’ it is about to become who owns them and those who cannot afford them and now the KSA and UAE will have additional power positions. So consider “AI chips can save companies significant money on costs compared to traditional CPUs for what he views as the future: data centres, fuelled by demand for generative AI capabilities, relying on large language models (LLMs) to answer user queries and generate content for a wide range of applications” and a place like EVROC could set up two data centres all whilst these two nations provide the AI chips required, now we get an entirely new play and it will give these two nations the power to set a stage that excludes the US or their tech-firms. A stage none of them ever had before, as such do you still think I am boasting or creating non-sense? Too many sources had the elements available and the larger media ignored the puzzle pieces. So, is my puzzle correct? Not necessarily, but the pieces fit the image we have all seen before. This does not make the image correct, but it makes it decently likely and the more BS the American media spouts the less reliable it should be seen. This does not make China or the Middle East more reliable, but in the setting I currently see it makes the Middle East (KSA and UAE) a lot safer than the US has been the last few years and that counts, because that reinforces the image that Nvidia and EVROC are giving us, with optional speculations from yours truly (aka moi).

Your guess is as good as mine as to what comes next, but the larger fighting ring (a square setting) is about to show us who the contenders are and the amount of underdogs they face. Because no matter how much BS an underdogs brings to the table, in the ring it is what you can achieve and as I personally see it, the US, EU and Japan are starting to become the largest underdogs this century, which could be a stage pushed in by evolution.

Have fun today.

Leave a comment

Filed under Finance, Media, Politics, Science

Tagged as , , , , , , , , , , , , , , , , , , , , , , , , , , ,

August 15, 2023 · 19:04

When the marketshare is murder

That is the setting and at first I would not really believe it. It sounded correct, but to be honest. I did not think that a place like Microsoft would intentionally target victims, but then there was a second source, the Guardian no less and that’s hen the disgust set in.

You see we know advertisements, we know advertisers, but for a system like Xandr to intentionally target people with gambling problems is a new low, even for Microsoft. This is what the article (at https://www.theguardian.com/australia-news/2023/aug/15/tab-gamblers-betting-australia-targeted-microsoft-xandr-advertising-database) gives us. The article heads the accusation with ‘‘Heavy TAB gamblers’ among groups targeted by online advertising database’, there we are told “The dataset of 650,000 international “audience segments” was discovered on the website of Microsoft’s advertising technology platform Xandr by Wolfie Christl, a privacy researcher at Cracked Labs. It listed dozens of data providers looking to offer advertisers the ability to reach certain types of people online”, so not only does the law seem unable to deal with drug pushers, now they are enabling a place like Microsoft to hit the internet by ‘gamble pushing’ victims of this event. As such we get “Of the more than 40 categories identified as related to Australian gamblers, the majority were split into subsets related to gambling interest, sport interest or a particular venue: “Gambling at Pub / Club”, “Spring Carnival Punters” and “Online Gaming – NRL”, for example”. I think it gives a new meaning to the slogan “Long may we play”, perhaps it should be “long may we exploit the gamer”, even though gamer is a stretch, the fact that I have seen scores of these advertising on on Apple, my thought might not be too far away from the reality that people face. Then we go into the unknown with “Everything from our location to our purchase history are data points that can be packaged and used to serve advertising, often through the creation of profiles based on assumptions about our demographics or potential interests. But we know remarkably little about how the ecosystem works.” So not only were we served all kinds of BS against Facebook and Google Ads. These same BS servers have no idea what Microsoft with its Xandr is up to? How is that for slow minded investigations? 

Even the excuse was ‘outdated’ and moronic. What we get is “Microsoft said in a statement to Guardian Australia that the document was inadvertently published on its website and was outdated. The spokesperson said Xandr’s data privacy practices were regularly evaluated “to ensure compliance with applicable data protection laws”.” The words inadvertently and outdated are stop words into nothing. The fact that this data existed was wrong to begin with, they were going after a marketshare, the desperate (as I see Microsoft) are so hungry for revenue that they are willing to look the other way in too many cases. I believe it was 10 years ago when I wrote an article with data that Microsoft was uploading xbox data in excess of 20GB in a month. So, why was that? It was also on dates when I never touched a multiplayer game, I checked the data and the amounts and they did not add up. Was that to feed Xandr? Was that to feed other needs? So what would have happened when Microsoft got to complete the Activision Blizzard deal? How much data would Microsoft get access to? I wonder how many people took a hard look at that, because in March that was 368 million gamers and all that data would be going somewhere, would it not? It might be nice for Activision, but I have some hardcore reservations when Microsoft gets involved. And now that we see the accusations by the Guardian, the show changes. The fact that Microsoft would allow to hammer the people with a weakness to gambling makes me wonder how they are getting the other $198.3 billion in 2022 with 6.8% more in 2023. So how many victims did Microsoft approach? All questions, but there is a downside there, the questions should not even exist and that it the disgusting part of this setting. Until today I never thought Microsoft could sink that low, but there is space to think they could do worse and that is an unsettling stage. So where are these high and mighty senators now? They were all willing to grill Facebook and its founder Mark Zuckerberg. Where are they now? Does Satya Nadella have too many friends in the senate? Is that why they think they could avoid this? Inadvertently is not an excuse, outdated is no excuse, that dataset should never have existed in the first place and that is now the larger question. Why was that dataset created in the first place. One source gives us “Xandr is used by 0.8% of all the websites whose advertising network we know”, yet what we need to realise that there are (according to some) 1,986,154,062 websites, even at 0.4% that amounts to 7944616 websites and if even one of them is Yahoo or any media site, the damage gets to be astronomical. But I reckon those senators will gladly pass over those numbers, won’t they?

We get it, advertisements are part of our daily life, but what happens when victims are intentionally targeted on their soft spots? Did you think that through?

Enjoy the week and remember the next gambling advertisement could be a mere click away if you are being targeted by Xandr.

 

Leave a comment

Filed under Finance, Gaming, Media, Politics, Science

Tagged as , , , , , , , , , , , , ,