Category Archives: Media

Once more for fun

This started with a headline that caught my attention. It was ‘Top US consultancies face scrutiny over role in Saudi Arabia’s sports push’ (at https://www.theguardian.com/world/2024/feb/06/consultancies-saudi-arabia-sports-us-senate-disclosure-subpoena) there I immediately saw that it was written by everyones favourite Saudi basher Stephanie Kirchgaessner. Before I go out and draw first blood (always fun) I wanted to see if she had learned her lesson from the previous few times I slapped her silly online. So I decided to have a closer look. Here we are given “Major US consultancies who have advised Saudi Arabia on its global sports spending spree – including its proposed takeover of golf’s PGA Tour – are coming under fire in Washington for possible violations of federal disclosure laws.” That got my attention, but there are a few sides that need clarification. You see what exactly are the ‘federal disclosure laws’? It comes with the added “the senator has also strongly suggested that the consultancies could be violating federal disclosure rules – known as the Foreign Agents Registration Act (Fara) – by not formally declaring to US authorities that they are acting as agents of the Saudi government.” And now we have a problem. You see, when we consider that the “The Foreign Agents Registration Act (FARA) was enacted in 1938. FARA requires certain agents of foreign principals who are engaged in political activities” This is not politics, this is a bloody sport organisation and Kirchgaessner should know better than to be the willing tool of Richard Blumenthal. As such, The FARA Unit of the Counterintelligence and Export Control Section (CES) in the National Security Division (NSD). This implies that Matthew G. Olsen, Assistant Attorney General of the NSD should be part of this and he is not mentioned, not once. So what is this about?  

Well, we get an idea in the article with “The Saudi public investment fund (PIF), a sovereign wealth fund chaired by the crown prince and de facto Saudi leader, Mohammed bin Salman, and is worth an estimated $776bn, is at the heart of Blumenthal’s inquiry” and my question becomes. ‘Why is the investment fund of a sovereign nation the interest of Blumenthal?’ Anyone? You see what does a democratic United States senator from Connecticut got to do with this? We never see that explanation. Don’t get me wrong, this man has done plenty of good for America and for his constituents. I merely wonder what is going on. Part of this is seen in the Financial Times (at https://www.ft.com/content/7009a1a9-8e07-4113-a47d-ee4724d3d427) when we are given “You say you are between a rock and a hard place but you have chosen sides; you have chosen the Saudi side, not the American side” with the added “US PGA Golf Tour” is a global sports organisation, PGA stands for Professional Golfers’ Association of America. Yes, the term America is in there. But the side we do not see is “Overall, the PGA Tour reported $1.9 billion in revenue in 2022, up from $1.59 billion the previous year, thanks to new multibillion-dollar TV deals. Expenses rose as well, with the organisation reporting $1.87 billion in costs, up from $1.55 billion in 2021.” So this is about $300,000,000 in debatable profits. And in all this we see certain people in the dock for explanations. Yet at what moment in time did Richard Blumenthal and Stephanie Kirchgaessner look at its board of directors? This includes Ed Herlihy (lawyer), Jimmy Dunne, Mark Flaherty, Joe Gorder and Mary Meeker? When were questions asked of them? McKinsey is a consultancy firm, gold is a sport, it is not any kind of bloody intelligence with foreign agents. That shallow ice allows me to slap Kirchgaessner yet again. And all this is out in the open, she merely reported like a meek little sheep making the Guardian a bigger joke. I saw the wreck unfold in under 10 minutes. 

So when we get to “The PIF has routinely objected to being subjected to US laws and has rebuffed repeated requests by the Senate committee to hand over documents subpoenaed by the panel. To get around the issue, Blumenthal looked to gather information from the US consultancies that have advised Saudi Arabia for answers.” It is the ‘to get around the issue’ that matters. Blumenthal wasn’t ready, wasn’t prepared and was out of his depth in this case. The first question in a senatorial interrogation would be ‘How does FARA apply to golf?’ Then I would go towards issues like outsourcing. America outsources to China for well over $23,130,000,000 billion all so that they end up with an average workforce spend of $29.10. Yes, that is America. But no one steps in on that step of greed, not even towards China, so the PGA is outsourcing itself to Saudi Arabia for the opposite reason, not to get the cost down, but to get profits up and it seems that McKinsey and Company investigated and reported on this for their client. All settings that are out in the open and the joking duet called Kirchgaessner/Blumenthal missed this? 

So when we get back to “Major US consultancies who have advised Saudi Arabia on its global sports spending spree – including its proposed takeover of golf’s PGA Tour – are coming under fire in Washington for possible violations of federal disclosure laws.” Why aren’t we seeing the board of directors of the PGA tours in the limelight? And when it comes to the US consultancies, if they are advising, there is the question will others follow that advise and if so is the acting party not up for optional consequences if laws are BROKEN? Were laws broken? Not as far as I can tell and we can point at ‘to get around the issue’ implies that Richard Blumenthal wants something else. Perhaps dip his …. In the PIF (Public Investment Fund) and slurp up whatever he can. Oh and a thought just occurred. What do you think happens when Saudi Arabia retracts all fundings from America? Did you work that out? When Saudi Arabia sells all the US treasury bonds they have, will the heartbeat of America be measured in Weeks, or seconds? If Saudi Arabia offloads $107,000,000,000 in bonds the US economy will face a harsh reality that it needs money overnight and when others leave America to get by it is all over. Perhaps the ultimate nightmare for Wall Street that desperately requires some kind of soft landing at present. And it could have been averted, just like the losses that the US defense providers face to the extend of many billions (up to 50 of them close to immediate). How much losses can America survive? If there was a clear case of national security I would be fine with this all, but the Guardian gives us no information other than a Saudi hater who is out of her depth and no clear information on the entire McKinsey setting. Too much alleged emotions and no relevant information. 

So this was one more slap just for the fun of it. Enjoy the midweek.

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Puzzled

Something left me puzzled today. I saw the article and question marks came up. But before I go there, lets start at the beginning. The UAE, or United Arab Emirates is seen by me as an Islamic Monarchy. At the head of that nation are Sheikh Khalifa bin Zayed Al Nahyan, President and ruler of the UAE with Mohammed bin Rashid Al Maktoum as Prime minister of the UAE. I might not have gotten that all correct, but I am likely more correct then plenty of others. The UAE is an islamic nation and pork is seen as haram, forbidden. So if I would accept a job there my days of bacon and egg would end. There is no law against non-Muslims eating pork, but why would I? Why upset others? Pork doesn’t rule my life and having a roast-beef cheese melt for breakfast sounds just as yummy. If not that, then an egg and pastrami sandwich as alternative. There are plenty of options and none of them include a slice of oink.

So I was puzzled when I saw an article (at https://www.khaleejtimes.com/uae/dubai-pork-byproducts-in-food-can-be-easily-detected-through-new-system) with ‘Pork byproducts in food can be easily detected through new system’, it puzzled me as I am amazed that pork and its byproducts aren’t banned in the UAE. It doesn’t matter where these byproducts are used. A banned product is a banned product. It is relatively simple as I see it. So the article also gives me “A new examination and screening system can now accurately identify the presence of pork byproducts in processed meat products. The technology guarantees rapid and precise results, providing outcomes within a day and facilitating up to 100 tests per hour.” Now, don’t get me wrong. I see the need for testing, but I wonder what idiot would ship a pork byproduct to any islamic nation to be honest. It is not a Saudi issue, it is an islamic issue. Egypt has a 90% islamic population and a 9% christian population, that nation too should ban pork and its byproducts. The UAE might only have a 76% islamic population, but that is so far the overwhelming majority and with dozens of foods available I am a little puzzled why pork is tolerated at all. I reckon that pork is a non option in Saudi Arabia (I didn’t check) and I reckon we (non-Muslims) could get used to camel, or kabasa and if in dire need there is always gator tail (a delicacy in Australia, also served in Birmingham). Although it might be called different in the UAE, Croc Tail most likely.

So back to the testing. I understand the need for the testing, yet I am puzzled why the UAE hasn’t clearly banned all pork products and by products. Leaving the people to what they desire to eat is a noble setting, but to allow for food that is forbidden to 76% of its population sounds like folly and that could very well be me. 

So leave it to the Khaleej Times to puzzle my brains a little. Enjoy your day, my midweek is about to start.

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At the start of round two

I have stated more than one that America has a problem, it has a few, yet this was about defence spending and others aren’t spending it on American soil. I have been called crazy, cranky and delusional (no idea where the cranky part came from). Anyway, today I see that Saudi Arabia has a MoU (Memorandum of Understanding) with Leonardo defence.

From one source I am getting “The Ministry of Investment (MISA) of the Kingdom of Saudi Arabia, the General Authority for Military Industries (GAMI) of the Kingdom and Leonardo announced yesterday the signing of a Memorandum of Understanding (MoU) with the intention to discuss, develop and evaluate a range of investment and collaboration opportunities in the defence and aerospace sector.” Some will say ‘so what?’ and until recently I would have agreed. I never heard of them, that doesn’t mean anything, but when you consider that the amount (unverified) is rumoured to be around a billion dollars, the case starts to give a different stage. China is taking a massive slice, Germany and the UK are on the pie hunting side and now Italy takes a billion too. This means that the pie that America one had, what is left is a lot smaller and a lot less impressive (for America that is). 

So the pie that was overwhelmingly America (Raytheon, Northrop and a few others) is now set to at least four additional players and even as we do not know the slice of China, there has been a few indicators (unverified) that it amounts to billions. As I personally see it, this is the result of biting the hand that feeds you and I never saw any clear evidence of what happened to that columnist no one cares about. That is the larger station. In addition to this, one source gives us ‘Fifteen Spanish companies compete for a slice of Saudi Arabia’s military pie’. There is no way to see how far they get and the defence market that is going on right now has 700 arms manufacturers trying to get a slice of $71,000,000,000. It is anyones guess how much is left after China gets its slice. All indicators give me that they are succeeding, in least in part, in securing that revenue and that is revenue that is lost to America. I feel certain that players like Raytheon will get a slice, but as far as I can tell it is rumoured to be the smallest slice they have gotten in a decade. 

And a lot of this could have been prevented, but feel free to think that my delusion. 

I wonder what news we will see next week when the trade fair is over. Yet I feel that a few European firms will be happy on what they were able to achieve. The largest setting That I expect at some point is that FN Herstal and/or the Herstal Group will place facilities in Saudi Arabia to see the setting that Saudi Arabia has advocated for close to 3 years to have 50% to be produced nationally. I reckon that FN Herstal/Herstal Group might reconsider that setting and move some of that to Saudi Arabia, not only for the slice of pie, but as part of Brics their dance-book will open up to several players. There is no data showing this to happen, it is pure speculation but that move makes sense to me. You see if FN Herstal doesn’t China and their AVIC, CASC, CETC, CASIC, CSSC, CSGC could get a lot more revenue. Norinco is unlikely to make that cut as it has been a really bad boy, but that could be my personal view on the matter.

Enjoy the day.

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van Speijk paradox

It is not a real paradox, although I would claim it was one. I was looking at the Russian losses and I was looking at the Forbes article (at https://www.forbes.com/sites/davidaxe/2024/02/03/complete-stupidity-and-incompetence-as-two-russian-tanks-collide-while-attacking-near-donetsk/) when a few things came to me. There was the case of a police force known as the comedy capers.

You see, when tank commanders are so ‘untrained’ optionally short sighted that we are given ‘Two Russian Tanks Collide While Attacking Near Donetsk’. Some tankers would call this utter stupidity. I am not gifted with tank experience, as such I cannot say that. But the overall the light of Russian intelligence is dimming. To see this, we need to take a look at exhibit B.

There we see that the tanks have been diminished by almost 48%, APV’s are down 42% and artillery systems 46%. The 20th strongest army in the world did this to the 3rd strongest army in the world. I spoke earlier about the logistical farce that is the Russian armed forces and on that note we see several other failures.

What is the van Speijk paradox?
Van Speijk was a Dutch naval commander and on 5 February 1831 he decided that as he could not stop the Belgiums from taking his boat, he decided to fire into the powder room and boom went his boat in the harbour of Antwerp. According to some it was beautiful. He, his men and most of his enemies stopped living in that precise moment. The Russian paradox is there as these people should have known better. Their mistakes are dealt with in Tank operations 101. As such I wonder if it wasn’t intentional. Better be out of commission than blown up. But it is speculation, I have no evidence to support this other than the little I know from the 80’s. So are the soldiers that incompetent or just scared? It is an important questions and I have no evidence one way or the other. The one part I do know is that the Ukraine send 387,940 people for fitting into body bags to be shipped back to Russia. That short war is now 2 years, some short term war and it is getting worse. With the rearmament of the Ukrainian forces and the Russian forces losing more and more hardware (specifically tanks, APV’s, airplanes, helicopters and that list goes on. Russia is losing this and the Russian troops are demoralising more and more. 

It all sounds good for the Ukraine, but there is a snag that is starting to show up. We are now mere steps away from Russia becoming desperate and that tends to be a bad thing. No matter what they do there is most likely a European impact. That is what I feel is likely to happen. Scandinavia and Germany are the most likely targets, but I am speculating here. On the upside a war on two fronts will break Russia. Their logistics are shoddy, their trained staff is mostly dead and what gets conscripted will do so without decent equipment and spring is at least 8 weeks away. All that adds up to a riddle of bad news for the Russian forces and it leads to more demoralisation on the Russian front. 

You will consider my view to be wrong and that is fine. But you just look at the Russian losses numbers and all the news from Russia and see where that point of view leads. 

Have a nice day.

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The counting thought

Several hours ago I came up with yet another optional TV series. I am already working on ‘How to Assassinate a Politician’ (about the end of the politician Geert Wilders) for Al Saudiya and it has hit a few bricks. The first line setting is done, now the detail work and that meets with challenges, especially as Final Draft is new to me. Then there is ‘Residuam Vitam’ which plays mostly in New Orleans and I have for the most, worked it out in my mind and is supposed to be a mini-series. Then there is ‘Kenos Diastima’ which is mostly completed in my mind and is a series set to 3 seasons with an open ending. I did not want to dredge it on and I like the thoughts that Terry Gilliam had on 12 Monkeys and Brazil. The last setting is ‘Engonos’ which my mind is currently developing and I am somewhere in season 2. As such my plate is full and here you as readers are about to get some free IP, feel free to use it anyway you can.

The story has references. There was a TV series once (about 30-40 years ago) which centred about a special effects dude and he uses his skills to give certain targets the idea that there are aliens and exploits them to do the right thing. Then there is A Christmas Carol by the legendary Charles Dickens. This story is lovely and very vanilla, which considering it was published in December 1843 makes perfect sense. The world was very innocent those days (I miss those days) and a such my mind made an overhaul. The first target is that wench Candace Owens who called for an invasion of Australia with its Taliban government. She will do nicely. As a public person she has no expectations of privacy. As one calling for the invasion of Australia (my country) she can be made an example of. 

The stage
The stage is that the episodes start with a person who seemingly is in a nightmare, they (in this case she) are in hell. She faces her darkest nightmares according to Dante Alighieri’s Divine Comedy and as we go through 2/3rd of the story, we see her struggling with the darkest fears. Then we see that she is set into a medical coma and she is influenced by the latest technologies in a truck, so that she and the setup remains mobile. We see her being bruised by people monitoring her and it reenforces her nightmares, she is naked so that the hot air touches her skin making her darkness deeper. Brambles cut and chaff her and she is wearing a helmet with a visor making the sounds and should she momentarily wake up slightly, the images continue. After 36 hours she is dumped somewhere in a simple Jute gown that is covered in blood and tar. The blood is human and is a mix of dozens of different blood types (to keep the police busy) and the tar is especially created using brimstone (sulphurise coals) with some additional elements in the mix to boggle the mind of scientists. Then we get into the final stretch and we see how actors who were part of the process are around her reenforcing her thoughts in subtle ways outside of the ‘experience’. 

The question we leave out in the open at that point is what would a despicable wench do when we expose her to her nightmares? Now this could be a mini series (3-4 episodes) or a series with multiple people (the real despicable ones). You see, I do not believe that there is a horror story out there that uses the latest technologies for some ‘subjective’ mind screwing. I think that idea has merit and that is as far as I got in 2-3 hours. 

So, if you can make this work, you are welcome to it. The smallest request (from me) is that you use Candace Owens for this example. There should be a consequence of being this stupid and calling for the invasion of Australia. We have our pride and you better not piss us off. The 6 deadliest animals on the planet live here as someone once said. 

Enjoy a more vanilla weekend than I am at present, preferable with a someone you desire more than anything else (real, valid or not).

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I noticed something weird

This happens, we see something and we think “that’s weird”, at which time we do something, or we do nothing. There is no blame either way, but I decided to take a look. So here I was watching a story on Twitter (still refusing to call it X). And GB News gave us:

I thought that was weird, lets just say that I haven’t seen any Crusaders in over 750 years, so that was weird to say the least. As such I decided to look into this person named Mike Freer. And yes there was some new a month ago with “Until the police catch the suspect, I won’t know if it was deliberate, but it’s one of many threats I’ve faced.” So, one of the many threats? Not to much in the police pages on that was it. Leave it to any politician to seek the limelight whenever possible. Here it is missing and I saw the start of red flags. Then we get to “Muslims Against Crusades”, aka a group shortened to MAC (I can’t make up this shit), with a setting stated as “Muslims Against Crusades (MAC) is a banned radical Islamist group in the United Kingdom. The group was founded in 2010 by Abu Assadullah.” Yet the weird part is that there is nothing in the news. People like this seek the limelight and claim whatever they can and here…..nothing. Another red flag. So who is this Mike Freer anyway? As I can see it, the little I see is MP for Finchley and Golders Green. A British Conservative Party politician and former banker serving as Parliamentary Under-Secretary of State for Courts and Legal Services since September 2022. That is pretty much all there was out there, until the last 24 hours when all the media decided to give him the limelight treatment. A month ago the news was minimal and ‘suspected arson’ was pretty much it.

Could I be wrong?
Yes, absolutely. Yet too many things are off and they come up with red flags. So what is the REAL reason he is ‘retiring’? You see ‘many threats’ implies a much larger police visibility (in the news) optionally even those rascals from Scotland Yard (or alleged brigands from MI5) and I see neither. OK, MI5 are news shy and I get that, but still the painting is missing elements. Now consider William Holman Hunt, The Awakening Conscience (1853)

Without the mistress, it is a seemingly a man relaxing in front of his piano. The mistress makes him naughty, makes him relevant, only she achieves that. That mistress is missing with Mike Freer, making this a weird setting. Look at any UK politician, they’ll exploit any event for visibility. It seems to weird. Then we get the view of the Muslim Council (UK) giving us in the past “a tiny, and utterly deplorable, extremist group”. A group like that needs visibility and they wouldn’t seek Mike Freer, they would seek the Mayor of London, or a big wig visible UK minister. There is too much wrong with the image that I am seeing and as such I wonder how much foot work any journalist in the UK has done, because this took less than 15 minutes and with proper GCHQ access I might find a lot more within the hour. The fact that GB News uses it to forward their momentum I get that, not the most intelligent path, but OK. That happens too. Oh, that reminds me, if that Abu Assadullah was still around (not sure if he is, or isn’t) I reckon he (and they at MAC) would have gotten 600% more exposure if he ‘borrowed’ a real British device 

and took a shot at Nigel Farage. It wouldn’t matter whether it was a success or not. All the papers would be screaming that news out loud for days to come. So when you consider all the elements, there is too much wrong with the news we see here. The question becomes why is he really leaving politics? The most ‘traction’ I see was when he was an area performance manager at Barclays Bank plc. Not much is it? So what is the conservative drive here? A better tool in that area? A more willing bulldog, but they want to replace their troops without bloodshed? Your guess is as good as mine. I have no idea, but the entire Freer setting is off, I know it is a personal feeling. Yet what we see with politicians and the media willing to exploit everything for digital dollars too many tees aren’t crossed and the eyes are missing. And after the Daily Telegraph issue, it is a little too much weirdness. Think what you will, but you know I am right here.

Thursday is almost over for me but in Vancouver it is just beginning (and the bars are closing there now). Enjoy your day and have fun.

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On one side

That is the setting I was confronted with early this morning. I actually am not sure where I stand, this happens. It started with the Guardian article ‘Telegraph takeover: UK issues ‘stop meddling’ order to UAE-backed consortium’ (at https://www.theguardian.com/media/2024/jan/30/telegraph-takeover-uk-issues-stop-meddling-order-to-uae-backed-consortium). As such there are issues. In the first we get “The UK government has issued a legal order stopping a UAE-backed consortium from meddling with the Telegraph, including making any changes to top management and editorial executives, until investigations into its proposed takeover are complete.” As such, this is the Telegraph, not some newspaper with credibility like the Times. The Telegraph has been throwing its credibility down the drain faster than a nymphomanic hooker on roofies (just saying). 

We are also given “Lucy Frazer, the culture secretary, issued the pre-emptive action order after RedBird IMI’s last-minute move to create a new UK holding company to house the Telegraph and the Spectator if its complex deal with the Barclay family to take control goes through.” So it was pre-emptive? Fair enough but in that same light we got last November “Lucy Frazer said the Media Bill puts ‘protection of our free press’ at its core.” I don’t think she has a clue what freedom means until it serves HER purpose. In all this there is a side the Guardian and plenty of others ignore. It is seen with “house the Telegraph and the Spectator if its complex deal with the Barclay family to take control goes through.” As such who spoke to the Barclay family on this? I cannot find any article in that regard. This is just another Islamophobia setting and the media is key to reducing that tension, so I wonder what Frazer has on her order list. We can assume that “It is the latest skirmish in the battle for control of the Telegraph in a pivotal year for UK politics, with a general election due to be held in the autumn.” You see the Telegraph is conservatively tainted, as is Lucy Frazer. Is there a chance that they fear that reduced exposure could cost them the elections? It is highly speculative from me, but we cannot see ANY evidence that the acts by Sheikh Mansour bin Zayed Al Nahyan are evil, nothing more than a man being a shrewd business man and I think the UK needs more of those (but that too is my speculative view). Still there is an enormous amount of evidence missing. So what made this deal is such a “complex deal with the Barclay family”? It could be, but we aren’t given this part are we. Just a lot of emotions of some cultural sheila in the fear group (Australian expression). You see what everyone is forgetting is that the Barclay family is largely linked to the Telegraph Media Group. It represents (apparently) a value  in the region of £500m to £700m. Lets not forget how they were duped by Bjorn Lomborg’s climate propaganda, covid misinformation and that list goes on for some time, so how is not prosecuting those people, avoiding Leveson and some other small stuff serving the people and selling the paper to a UAE corporation is not? Lets not forget that the UK has 12 daily newspapers in circulation. As such I have questions and so should you. Perhaps there are valid reasons to fear PR settings, but that fear was taken away from that person in the Mummy 4 (Rupert Murdoch), so why are they still afraid? I think I know, but I will let you figure that part out for now. We are also given ‘Telegraph could become ‘PR arm’ of UAE after proposed takeover, MPs warned’ (source: Guardian) and  consider that the UK population is 68 million, the Daily Telegraph represents a circulation of around 318,000 a day, that represents a mere 0.4%, so where is the danger? I cannot see it, but perhaps someone will put out a much larger article (in an actual newspaper) to debunk my setting and give us the real deal. I could be wrong, I really could be and I am not certain where I stand, but at present it seems that this Frazer girls is responding to a different match ring and we aren’t told what exactly it is. 

The other part is that (no matter how complex), was the move legal. So now we are stopping legal moves whilst governments all over the world can’t be bothered to stop criminals? What kind of place are they running there? 

I will let you figure it out as you start the midweek and I await the arrival of Thursday.

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Forbes Foreboding Forecast

Yup, it happens. Sometimes the others are all on your train ride, but that does not make your prediction true. Yet to see this we need to take the whole image into consideration. For me I saw this come towards us like a freight train without any brakes when I wrote about it as early as September 2020. I wrote several times that these settings were a really bad setting and the outcome would not be a nice one. Then I warned that the US economy had nowhere to go, not when they insult and offend Saudi Arabia (and to some extent the UAE), as such China would gain billions in revenue. We saw last month (could have been 2 months ago), news that America was ‘worried’ about China making so much headway into the middle East. And now Forbes (at https://www.forbes.com/sites/digital-assets/2024/01/29/the-us-dollar-is-finished-wall-street-legend-warns-trumps-and-bidens-china-nightmare-is-suddenly-coming-true/) gives us ‘The U.S. Dollar Is ‘Finished’—Wall Street Legend Warns Trump’s And Biden’s China Nightmare Is Suddenly Coming True’. Really? First off, this isn’t suddenly, I made mentions for almost 4 years that this stage was underway. The fact that the dollar is finished is not entirely wrong, but not to the degree we see predicted. Wall Street will take any stance to diminish that danger. People will end up with nothing, but the almighty dollar will sail on, even though the galleon it once had will be replaced by a simple sloop (as piracy goes). 

So whilst we get “The U.S. dollar is “finished as the world’s reserve currency,” analyst Richard X Bove told the New York Times just days after his retirement from a storied 54-year career as a Wall Street analyst.” I initially tend to agree. Yes the dollar as a reserve currency is pretty much a bye bye black sheep operation. It is the “Bove, who sees bitcoin and cryptocurrencies as winning in a post-dollar dominant world, predicted that China will overtake the U.S. economy” part I do not completely agree with. You see the Yuan is and will be an important part of the global economy, but China has its own skeletons to deal with. Evergrande is one and that $300,000,000,000 issue will hinder the Chinese economy to a massive degree. Not to mention the Chinese population that is hurt by that loss. I reckon that being related to Shawn Siu in China is a lot more dangerous than being a loudmouthed disrespectful American in that region, but that could merely be my take on that situation. You see, China needs both Saudi Arabia and the United Arab Emirates to get the traction to push forward. Yes, they will push the dollar of its throne and Americans with their arrogance did this to themselves, but without the Middle East China has no real momentum. That was the larger station we needed to see. I tried to warn people, but to them I knew nothing. And true, I have no degrees in economy, but I have looked into numbers for decades and I have both a creative mind to see beyond the numbers and a critical mind to question any hypothesis I have. As such I saw what is now being published as ‘suddenly’. My timeline has three years of warnings of the dangers the US and its dollar were facing. I do not have the knowledge or insight to discuss or oppose the digital currency changes, but I can tell that the ego of ex-presidents with his opposition to the digital dollar will be the end of the American economy. The digital dollar would allow Wall Street to diminish the impact the slam the dollar is about to make. If that stops the damage will be enormous. I don’t think the US economy will have any cards to play. Especially now that the EU nations are vying for the same defence contracts that were once almost uniquely America alone. With France, the UK and Germany vying for whatever spending dollars they can, China might end up with a little less, but they still have a lot of billions coming their way, all billions lost to America now and the EU is trying to get a few as well, an indoor fight between the US and EU is not one they were ready for and overall the American evangelisers are now starting to be a lot more quiet. Money talks and the US has none left. Now that the Ukrainian Russian military debate is now three weeks away from two years. A short term prediction by the Kremlin is now a setting that they could actually lose. A stage not considered a year ago and that also brings a lot more problems to the EU nations as well as America. America that has been catering to Russian needs no less and that is important as the people are now a lot more eager to accept China as the new leader. This is not some Nixon fantasy, this is the case of Wall Street deciding on what is best for the world and that is not how it works. That only has any value in the delusional mind of some. So whilst we see what happens next, we see that the power players are vacating towards the UAE. Some will go to other destinations, but the mess that they are leaving behind (not all due to them) will leave the American population without anything left. So what do you think happens when the dollar collapses and 200,000,000 Americans see that their savings are gone. Do you really think they will will side with Trump and his multiple multi million lost lawsuits? Consider that no one has a clear view on how much he owns. Some state that he only has now less than 3 billion and he was dropped from the Forbes 400 list, he came up $300,000,000 short (a lot more with the lawsuits he lost). To give you some reference, Elon Musk is apparently 96 times wealthier. He has 9600% more wealth than Donald Trump and that is the person Americans pissed off, all whilst he has the foundations of a solution for the energy shortage they face. So how is ego holding up? When the UAE engages with that solution, America will come up short in funds and energy. So the ‘suddenly’ setting wasn’t there. This has been out in the open for up to 4 years. And that picture goes from bad to worse soon enough. 

Could I be wrong?
It is a fair question and I ask myself that question pretty much every day. It is not indecisiveness, it is not doubt. It is about verifying the numbers again and again from whatever reliable source I can find. Verification is everything. Richard X Bove and I got to the same conclusions via different ways and as such I wonder why others were never on that page. Why was the media not all over this? They were so ready to protect Elizabeth Holmes and Sam Bankman-Fried, but this they didn’t see? Ask yourself that question and wonder what else they got wrong and more importantly why did they get that wrong. You might come to some conclusions that will scare you. Mainly because you all worked towards your retirement, but how many funds saw the golden future that the dollar bonds brought? When that falls flat your retirement will be gone and there is no coming back from that. I think that a few banks in America, as well as Credit Suisse Group AG (now part of UBS), isn’t it interesting that none of them were properly investigated by the media? They all gave the same story, but no one looked into how many dollar bonds these banks had. It might be nothing, but I doubt it. You see, Credit Suisse was handed a $54 billion lifeline. The fact that ANY bank needed THAT MUCH money was never properly investigated and it wasn’t just them. We see all the claims, but to need a 54 billion lifeline implies that that piece of rope is made from weaved platinum threads with diamonds. When did you ever need a lifeline like that?

And these places all matters, because that is to some extent the impact that the dollar pushed for, at least that is how I personally see it. There will be plenty of people stating that I am wrong, but after 4 years I have been proven correct too many times. Let them come up with verifiable data and clear sources to prove me wrong. I dare them.

Enjoy the day, my Wednesday just started.

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Uproarious Nonsensical players support terrorism.

This was a stage I saw last week, but I didn’t trust the source. Now that the BBC is joining that list, the game changes somewhat. The story (at https://www.bbc.co.uk/news/world-middle-east-68119268) gives us ‘UN agency condemns aid halt over alleged help for Hamas attacks’. Now, I haven’t had a great deal of trust in the UN and it melted down close to nothing when that UN essay writer Eggy Calamari launched her attack on the Kingdom of Saudi Arabia and in particular His royal highness Mohammed bin Salman Al Saud. I debunked her fiction (at https://lawlordtobe.com/2021/02/27/that-was-easy/) in ‘That was easy!’. Now, I am not saying he was innocent, because I CANNOT prove that. Yet a person is regarded innocent until proven guilty and that document shows massive gaps and no clear evidence of guilt. I will go even further that the UN took its time AVOIDING one piece of evidence and for the most no one has ever seen it. The document is added to that article, so feel free to read up on it. This matters as we saw similar acts on the UN avoiding the guilt of Houthis and the acts by Hamas. The United Nations (as that joke goes) is less useful than a crack dealer in a schoolyard. This all matters because now we see “The head of the UN agency for Palestinian refugees, UNRWA, has urged the countries that halted funding to reconsider their “shocking” decision.” My somewhat less than politically correct response is “Are you out of your flipping mind?” This is not some ‘misplaced’ act of doubt. This is a direct accusation that members of the UNRWA have actively been assisting Hamas with a terrorist attack. So the UN better wake the folly up and start properly investigating. The quote “The agency says it is investigating and has already sacked those employees” I understand and I accept that the UN needs to properly investigate things, but this comes from several sides and at present Australia, Canada, Finland, Germany, Italy, the Netherlands, the United Kingdom and the United States have suspended funds to the UNRWA, so this is serious. These are nations with an effective intelligence network. As such the UN has its nightmare scenario running amok (no idea how one runs a muck), but this is not a setting lost in translation and this is an accusation, not some half baked allegation. I rely on evidence and I have not seen any, but these are organisations that have all kinds of connections, as such I tend to accept the allegation until proper presentation is made. The issue is that the allegations against Saudi Arabia by the UN and FTI Consulting (which the UN used)  had holes in them, several and both reports were used even though the people behind it should have known better and the fact that I showed holes in these reports in less than 24 hours implies that others would have done so quicker, but they remained silent. And now the UN has a problem. Through the UNRWA they stand to lose a lot of fundings and until they clean their houses (plural) the world has pretty much had enough of that UN gravy train. The fact that we are treated to “It would be immensely irresponsible to sanction an agency and an entire community it serves because of allegations of criminal acts against some individuals, especially at a time of war, displacement and political crises in the region.” You see, this is not some ‘criminal’ element. These are people ACTIVELY supporting terrorists and terrorist goals. One might state (might being the operative word) that the attacks of October 7th might not have been possible without direct support by UN staff members. I know it is a stretch, but it might not be far from the truth and the UNRWA conveniently sacked these people. So how will they be prosecuted? A missing question. 

Today we see the start of nations at large demanding accountability from the UN. They kept silent on Houthi attacks on Saudi civilians. The kept silent on terror attacks by Hamas and that is merely the tip of the iceberg. This all reminds me of an old saying and I used it against a few companies in the past. When you cater to everyone, you please no one. It does not seem fair, but that is the reality we face. We cannot please all and the lesson will be a hard one to learn by the United Nations and we will see that soon enough (I reckon before March 1st).

Enjoy your Sunday, mine is mostly gone by now.

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That one sided conversation

We all have them, we tend to have them with ourselves. We see things, at time we extrapolate and we come to singular conclusions. I did too. You see, ever since we have been treated to Pretty Woman (1990) we al wanted to see Rodeo drive, we wanted to see the shops and during the first covid we all took that option and had a look. However, most of us felt slightly betrayed. The view was not what we expected and today I looked at three other YouTube videos. The bulk is concentrated on the block surrounded the via Rodeo. The shops seem empty, some shops show nothing outside (or very little) and Rodeo drive is diminished to a crowd of tourists and vloggers with here and there a person quickly walking to or from their jobs. The other side is that Dubai has the mall of the emirates, the Nakheel mall that are on par with Rodeo drive and the Dubai Mall outshines Rodeo drive by a lot. And you might wonder why Dubai is such a sought after destination? The Americans let things slip all over the place and the turning point is just about here. I reckon it is already here for Las Vegas and as we see what tranquility, cleanliness and amazing views we get from these malls, as well as malls in Riyadh and you wonder why. London might have Harrods and it is amazing, but London is showing additional issues making Harrods and the streets surrounding it unsafe for tourists and shoppers. The downfall will be harsh and it is getting worse. The malls in the UAE and KSA have options towards driving engagement, making these places even more appealing. Places like Rodeo Drive and London have waited too long and there is a clear indication that their revenues cannot be maintained and the solution was online (my blog) well over two years ago. It was creating engagement. Engagement is only working if you have a population that you can serve and that is missing outside the middle east. Where was the Rodeo drive diner, preferably filled with people? Where were the real shoppers? They might show revenue for now, but when did we see a real stage of physical versus online revenue? In the Dubai mall I see shops and well over 75% show shopping and buying people during the YouTube pass. People eating, people drinking, people walking (not vlogging) dozens of eateries and many of them filled with people. The vlogging and posing women on via rodeo aren’t showing too much shopping, are they? Now, lets be clear. I could be wrong, but I feel certain I am not. I warned about creating engagement, they did nothing. I warned about creating awareness and too little was done. Now we see things changing. Even the Eaton Centre Mall in Toronto shows more live and living shoppers than Rodeo drive does, so how’s that for leaving it in the middle east? I get the distinct feeling that should Riyadh and Dubai embrace engagement, the impact on London, Paris, Amsterdam, New York and Los Angeles will be felt to a much larger degree. The equation was not a mystery, it was simple and it has been simple for over a decade. The customers expect more and too many places aren’t showing any. Engagement was key in this and it was ignored. The moment some of the jewellers in Dubai show the engagement solutions I had thought up the change will be close to immediate a race in time will happen. Oh, I almost forgot about Monaco. They are good for now, but they too need to embrace an engaging nature. They recorded 218,400 tourists and they are not doing bad, but the idea is to address this before it turns bad and so far they (seemingly) haven’t done enough. The dozen of hot women and fast cars videos seem nice, but one video tells it nearly all. Monaco has a lot more to offer and videos clearly show this, but when the  numbers dwindle the act of engagement is shoddy and optionally too late. These solutions tend to work when there is too much to see, too much to do and too many places left that alone for too long. Optionally they relied on the wrong numbers and the wrong stories, but this is pure speculation from my side.

Consider that the Dubai Mall has all the best brands of the world, all the sought after brands and articles for purchase and they are a zero tax nation. You still think that my feel is wrong? Some people travel to Dubai just to get the new iPhone at 0% taxation. If you are willing to do that, the rest seems easy to place and engaging your customers becomes a dream ride to keep revenues up. Oh, and here (unlike in London) you can buy a watch and walk safely home. So this might be one sided, but I am leaving you with enough pointers that you can verify for yourself.

In a one sided conversation, the best you can hope for is for someone else to listen (or read), I leave it up to you to decide.

75 minutes to Sunday for me. Have fun.

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