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Lap Time

Yes, we heard the term; we see it in athletics, in Formula 1 (and all the other formula races, except baby formula). How did we go after one lap, will lap two be on par, better or are we sliding. The 5G global race is on and even as the US and others are in denial, some facts are open for viewing, so as I got to the page (at https://www.eureporter.co/frontpage/2019/06/26/huawei-dominates-global-race-to-5g-despite-pressure-from-washington/) I was not surprised. The headline ‘Huawei dominates global race to 5G despite pressure from Washington‘ is not really a surprise. Yet one element is a nice verification. when we see: “Currently, two-thirds of global existing 5G networks are powered by Huawei technologies” and that is after a year of BS and fear mongering by the US, if they had not done that the picture would be different, it would be considerably worse for all non-Huawei contenders. So even as Ericsson is building a plant in the US so that they can become the courtesan of choice, reality is a very different stage.

The issue (at https://lawlordtobe.com/2018/11/10/the-heart-processes/) in ‘The Heart Processes‘ where we see: “This now links it back to Huawei (5G barred), the iterative actions of technology whilst we are being surpassed on every technological side. The full article (at https://www.crn.com.au/news/telstra-fault-takes-down-eftpos-and-atms-515080) gives a few more question, yet I will get to them in another article when I give you all a few more technological jabs against certain Telco players as they presented their ego and not their actual capability“, there are references that go back to 2017 where we saw that the non-Huawei players were already behind. There is Forbes Last April with ‘Huawei’s 5G Dominance In The Post-American World‘, or ‘Huawei’s new Wi-Fi routers solve a serious first world problem‘ in January 2018, Huawei have been showing to be the stronger innovator for well over three years and has been leading the 5G market, now that they even under discriminatory environments are achieving a 66% market in current 5G shows just how warped the situation is, so as I stated it before and do so again, ‘America will soon no longer matter’ and that is the true nightmare that the US is facing, when the silver bullet to survive a $22 trillion debt is meely a dud in your own armoury, you end up with a massive problem.

So as we see the Lap Time, with 5G going commercial in the Middle East, and now optionally Germany as well, we will see the blind followers of Europe, who follow the misguided voice of America, we will see them melt like snowflakes in the summer sun (or the current European heatwave), the economy is their Achilles heel and they will all fold.

And the battle will alter its course even further; the advantage that the Middle East is now showing over America is getting teeth and talons. A month ago we saw that Softbank selected Nokia over Huawei, and that is fine, weren’t it for the fact that we also got ‘Nokia Winning 5G Contracts Despite Delivery Delays, CEO Says‘ two weeks ago. Bloomberg gave us that one, so when Nokia gets pushed to cater to American needs, will they lose their Softbank deal and a cornerstone to the Middle East? It is not a given, but it is a valid question. So even as there is truth in the quote: “A few weeks of delays “is not really much” in the context of a 15-20 year cycle, Suri said. In the first quarter, the Finnish company struggled to book revenue from the contracts it had signed“, we accept that these things happen, yet weeks tends to become one month, then a second month and in a race where being there fast matters, Nokia cannot afford to remain delayed, they had to be ahead of the curve and they are not, they are merely on par at best, this now implies that 42 global contracts will be under scrutiny and not delivering on time will constitute pressures that Nokia will be unable to fully deal with and Chief Executive Officer Rajeev Suri knows this.

Even as we see that Nokia is still on the financial fence regarding booking profits (they will do so, no doubt) Huawei was able to secure a lucrative deal with Russian telecoms company MTS. It might be all under the guise of ‘the enemy of my enemy‘, but in the end ‘gold is gold’ and it is in the end about the acquired currency. So as they get Russia and as the EU buckles towards Huawei, we see a market that is a lot stronger for Huawei and every win in the Middle East will tip the European seesaw in favour of Huawei.

For the most after we check the lap time, there is a clear benefit for Huawei, yet Ericsson and Nokia remain strong competitors, Ericsson made the optional flaw of moving part of their base towards America, it sounds good, but their infrastructure will be undermined in several places more and more, so either Ericsson will push American employment to a much higher degree (Customer Service centres, Customer royalty programs and product infrastructure), or they face a massive blow-back more likely than not before EOFY 2020, a setback that will cost them a whole lot more than they bargained for. There is no given on Nokia at present, they had a strong firm presence in Europe and they can do so again, whilst these rules apply to Huawei as well, when you consider the places they were, they have built strong teams all over the place and with the winning strategies in the Middle East they have grown their ambassador places all over the Middle East, something Nokia and Ericsson did not do to such degrees.

So it is not only the 2/3rd advantage that Huawei has, it shows that their infrastructure is still a lot stronger and in the second hour (59:59 after a mobile phone is sold) the systems of Nokia and Ericsson will be tested and I personally believe that they are not ready, more importantly, the people will not be ready for waves of questions that will hit these centres and that will hammer the successes that Nokia and Ericsson have at present.

As lap time goes, it is a strong race from all three, yet a race is only as strong as the team, the car and the track. Yet in a normal race the track is set, in this race we have seen that America has been considering detour after detour and as such some teams will not be ready for what happens after that and in that race Huawei gets the much stronger advantage as America is not considering them, so that pressure falls only on Ericsson and Nokia. And that is where the issues start to count. When players like Softbank get pushed to the back, they will reconsider and anyone changing its order has the danger of taking more than one other player with them, that is the stronger danger that the other two face as they try to gulp down whatever US contract they can get.

There is supporting evidence for that. In Australia NBN showed the need (source: SMH) “NBN Co spokeswoman said the network was committed to “continuously improving the service provided as internet demand and data needs evolve” including a recent $800 million investment into customer service on the fixed wireless network“, the problem is that to a much larger degree Australian NBN is (diplomatically speaking) a $51 billion failure, the only way to save face is to overhaul it to a much larger degree and in light of ‘9.6 million homes and businesses were now connected to the network with 62 per cent of those customers choosing speed plans of 50Mbps or more‘, all whilst this could grow by another 30% if Microsoft and Google had their way, giving us levels of unparalleled congestion soon enough after that.

The moment that ANY vendor needs to acknowledge 5G and congestion in the first year will be the point that turns the customer base into a churn tidal wave and that will happen if the infrastructure is not in place. The US and some others are massively in denial there, it might be argues that this risk is also present in the Middle East and I would expect this to be the case, yet Huawei has had time to prepare and the others are merely jumping on the revenue wagon as the US pushed for a ‘no Huawei zone’ preferably one that is global.

That is the impeding risk, not that Huawei is out of the race, but that the others get stretched too thin. I have seen this happen again and again over the last 20 years and then we get some delusional VP giving their staff an elastic band reference on stretching resources a little more. They ultimately never learned that time is not a factor that can stretch like an elastic band, it is a rigorously set standard that does not budge and against that merely better and larger man power will solve it and Nokia just got rid of a boatload of them, all to cater to 5G, so when they need staff and training them, they will be under the gun 24:7, I do not believe that they are ready at that point and the increased presence in America implies that Ericsson is nowhere near ready, they need well over 500 additional support staff for what comes and they have nowhere near those numbers.

That is all available to the eager eyes and they have not altered that path yet. In their defence, it will not be needed before August 2019, yet there is already enough indication that their growth plan is not set in that direction. As I developed my own IP, I noticed that the Cybersecurity needs for 5G are still in the basement whilst it had to be through the roof almost 3 months ago, so the first cyber security issue will be a devastating one for each of these players. That is merely on a consumer level, on a commercial level the setting is even worse, it is a Nightmare on 5G street waiting to happen and in this there will be no miracle dream weaver, merely some Freddy Kruger that will show now regard for the lives of those victims, as the rewards were just too appealing. An almost perfect cyber storm in the shaping, a stage no likely seen before January 2020, yet even then there will already be victims and loads of insurances that are more likely than not eager to find a loophole not to pay any of them.

As I see it, it is a lap time that is good for all three, yet the setting of lap time is no longer a valid one. When the track definition becomes a flexible one, detours change the stats of everything, changed requirement in mid race will also hamper issues and none are ready, Huawei merely had more time to get ready giving them an additional advantage in this race.

 

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A little pain to Huawei

Yes, there is finally a moment where we need to ask Huawei questions. Bloomberg reported (at https://www.bloomberg.com/news/articles/2019-04-30/vodafone-found-hidden-backdoors-in-huawei-equipment) that backdoors have been found. More accurately: “Vodafone asked Huawei to remove backdoors in home internet routers in 2011 and received assurances from the supplier that the issues were fixed, but further testing revealed that the security vulnerabilities remained, the documents show“, yet knowing the track record of Vodafone, that is not the whole story. Is there an issue? Seemingly not, as the headline gives us: ‘While the carrier says the issues found in 2011 and 2012 were resolved at the time‘, so an issue found 7 years ago was resolved at the time. Is that issue there now? Bloomberg does not really give us that do they? It gets to be a larger issue of what is seemingly called reporting when we see the ZDNet report from 2017 (5 years after the Bloomberg reported issue: “Thousands of routers, many of which belong to AT&T U-verse customers, can be easily and remotely hacked through several critical security vulnerabilities“. that as well as: “Among the vulnerabilities are hardcoded credentials, which can allow “root” remote access to an affected device, giving an attacker full control over the router. An attacker can connect to an affected router and log-in with a publicly-disclosed username and password, granting access to the modem’s menu-driven shell. An attacker can view and change the Wi-Fi router name and password, and alter the network’s setup, such as rerouting internet traffic to a malicious server“, these are much larger issues and were they resolved? We would think yes, but the article did not give us that. They did give us: “The report said Arris NVG589 and NVG599 modems with the latest 9.2.2 firmware are affected, but it’s not clear who’s responsible for the bugs“. The small fact that this constituted 5 flaws as well as a reported statement of: ‘the vulnerabilities are not limited to the hard-coded credentials flaw‘ give rise to a whole range of issues. So even as we might think that this one flaw is a stitch in the high regard for Huawei, the fact that an American solution has well over 500% the amount of vulnerabilities and as stated on several levels give rise to the reliability of Huawei. Moreover, the length of the issue is also a given at times as well as the need for better 5G equipment. Yet in all this, how much actual damage has either caused, Bloomberg was willing not to disclose that either. Yet Huawei is not out of the woods yet. The article gives us ‘further testing revealed that the security vulnerabilities remained, the documents show‘ and that is indeed a larger problem, yet these documents were from 2012, when was it actually resolved? The fact that we do not see that it was never ‘not resolved’ implies that it was, in addition, the 2012 issues in Italy were resolved that year. Then there is the quote ‘it couldn’t find evidence of historical vulnerabilities in routers or broadband network gateways beyond Italy‘ making it a localised temporary issue.

In all this Huawei has an issue to deal with and even as we see the lack of comparison flaws (I added the AT&T issue so you can be aware), the unbalanced reporting, as well as the clarity that there is to some extent an issue remains. The fact that the huge AT&T disaster was never called to answer questions might be equally a consideration to make. All computers and most software have bugs and security flaws. When I looked this morning, I found a list of 845 vulnerabilities in Windows 10, some of them critical. So when we compare these issues, we should consider that your Huawei router is not the largest problem and that is merely the beginning of the issue. Historically speaking, from 1999 we see that Windows have had 113,811 vulnerabilities; 4911 vulnerabilities regarding the ability to gain privileges, 10377 on getting information and 6001 on bypassing options. So in all we need to consider that your choice of Windows is a much bigger concern than your Router is, if the Chinese government wants to get access to your data they merely need to wait for you to switch on your windows machine, there are plenty of options to get to the stuff no matter which router you buy and if you got the Arris NVG589 or NVG599 modem it would have seemingly been easy as pie to just copy whatever you had, so in the end can you see that the entire Huawei mess is merely an American mess to project the notion that you should not buy Chinese, but consider the optionally more flawed American solutions?

And whilst I got to AT&T, the news (three days ago) was ‘AT&T claims title as first U.S. carrier to hit 2Gbps on 5G network‘, yet when we consider the quote by VentureBeat: “It’s great in the abstract that some businesses in Atlanta may be able to get 2Gbps speeds on a 5G device regular consumers can’t buy. But what really matters is the actual speed normal 5G users across multiple cities will see on actual consumer devices. Verizon has provided a sub-1Gbps sense of what to expect, but AT&T hasn’t.

We see that what is regarded as reliable in America is a bit of a stretch at some point, for the most I was most disappointed with is the fact that the Bloomberg article should be regarded as an attack on Huawei whilst there is no comparison given as to how that flaw related to the flaws others had, more important the fact that there were larger flaws from others much more recent is a missed part. Still Bloomberg did raise a really valid point on a flaw that Huawei seemingly has, with the perception that the news could have been given in 450 words, the rest was a lot of smoke around an issue that dwarves against some of the other issues, issues where there is actual fire, not merely smoke.

But that is merely my $0.02 on the situation.

 

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The pope’s mobile is on the clock

 

Hickory Dickory dock, the pope ran up the clock,

The clock struck one, and hit his bum, Hickory Dickory dock.

An old rhyme slightly adjusted and gives light to a joke that mattered, it is old and it goes like:

Q: Why does the pope kiss the ground when he arrives?
A: You’ve never flown with Alitalia have you?

That is where we are, the clock is counting down; Alitalia is on its last legs and merely has two weeks left. As sources report that EasyJet pulled out of the race and even as Delta is still on board, someone needs to be found for the remaining 40% and that is the hard ball, consider on how much of an issue Alitalia is when people like Warren Buffett and Bill Gates will not take a shine to it, it might be too harsh to call Alitalia a money pit, but that is what is amounts too. The flight market is close to saturated, even as we all needed to fly (quite literally) 20 years ago, the companies started to figure out not to give their profits to the airlines. On a global scale close to 9750 planes were in the air last year at any given time, transporting up to 1.3 million people. The operative part is ‘at any given time‘, so how much travel is required nowadays? In 1998 I was flying close to 21 weeks that year, giving trainings and doing consultancy round the clock, at times living from a suitcase with added support from my laptop giving IT trainings and software training. I circled the planet twice that year, from Amsterdam, New York, Atlanta, Sydney, Singapore, Istanbul, via Munich and back to Amsterdam. I thought it was great and as long as the profits were outshining the costs, my bosses kept on sending me to more locations, it was all fine by me. These days are over, even as we see more and more airports expanding to ‘facilitate’ for more passengers, we see a dangerous curve, Stockholm Arlanda is expanding to facilitate for 40 million visitors a year. The numbers give us that the top 25 carriers facilitated for 13,718,655 passengers and if they are all tourists, that would be fine, yet the business side is not adding up. You see 15 out of the 25 had a decrease the went up to 27.3%, the lowest 10 were below 4.5%, still they were all still decreases and the largest increase came from Riga, Latvia.

Now consider that on the other side, on the airline side, apart from the element where we see that Alitalia had no operating profit between 2009 and 2015 with added low points of well over minus a quarter of a billion, the setup of airlines seems to be too odd.

I do get it, a nations having a national airline is a matter of pride, we get it, but at what cost? The airline has about 100 planes as part of the mainline fleet and the cost of doing business is just too high, there is no decent chance that whomever owns the airline might do so, so that they can say that they own an airline, it seems the weirdest of reasons, but from the financial view that is as much as we are going to get and the bad news is not done at this point.

You see, the work I used to do can be done remotely more and more, when 5G is totally here, we can see the shift where the classes can be given remotely with a phantom screen and with the presentations running in the background, the speed will enable us to give individual service to all the participants in up to three locations at the same time, almost like remotely run classroom software with camera’s in all locations. At that point we will see even less traffic required implying that the business classes on these flights will be close to a thing of the past.

The more immediate and difficult part is that none of this is the fault of Alitalia. Yes, we can look at the scandals and the past sting operations, yet the foundation is not that, it is the need of people to travel. In that light the traveller will be the one using their local airline (like many would), some will select airlines for their service and there we see groups of people seeking flights by Singapore Airlines, Cathay Pacific Airways and Emirates. So these airlines are also poaching local travellers as they have shown and proven themselves to be a cut above the others. When it comes to business and tourist Italy, we see decline of both and falling harder, yet Italy is still the destination to several countries, namely Germany, France, UK and US as the largest four. These four add up to 23%; the rest is from all over. So, what makes me the specialist? I am not; I am merely using common sense. 100 planes, in an age where their power is tourism and we are going into the summer season, but that setting is a stage that represents merely 18 weeks out of 52, the numbers and the economy do not support the fleet, or so it seems.

when we consider that Rome Leonardo da Vinci-Fiumicino supported 42,995,119 passengers last year, there is a decent case that I am seeing it wrong, but that is from all airlines, beside Alitalia, we see Air India, Emirates, Turkish Airlines, United, Etihad Airways, Thai Airways, Asiana Airlines, Qatar Airways, Cathay Pacific, Air China, Lufthansa, Ethiopian Airlines, Finnair, British Airways, SWISS, EL AL Israel Airlines, Air France, Saudia, Ukraine International, Jet Airways, Air Canada, Egypt Air, KLM, Kuwait Airways, Brussels Airlines, Aeroflot, Korean Air, China Airlines, Singapore Airlines, China Southern, Iran Air, all flying to Rome, now we see a different picture, even as the airport needs the space and growth, we see no decent numbers on how the Alitalia flights are doing, some sources were giving me ‘No Data‘ and that is fair enough, but it makes a much stronger case that unless there is someone with deep pockets that Alitalia is on its last legs and in its final stage of a mere two week notice until it shuts down. Planes would be auctioned off and the lot to be repackaged for other management styles. And I do believe that the end is not in sight, Alitalia is not the only one in such a sordid state of affairs. I believe that the business case of airlines should have changed a long time ago, and it will get worse soon enough, as the oil price goes up, so do the prices of flights. You see the one element we seem to ignore is not the drop in non-tourist passengers. It is the fact that one barrel of crude oil only facilitates for up to 4 gallons of jet fuel, the turnaround is that high, 42 gallons can only make 4 gallons of jet fuel, after that it boils down to gasoline, diesel and other items, so when the barrel goes up in price, the impact is seen quite fast. Consider that a flight from Rome to New York takes 9 hours and 40 minutes (or 2,088,000 seconds), now consider that a 747 needs 1 gallon a second, so if the oil goes up by $1, the maximum cost of a flight would go up by 2 million times the price increase and we can only get 4 gallons bet crude oil barrel making it an optional increase of $500K per flight (which is not completely true as diesel and gasoline would need to bear part of those costs too, but with only 4 gallons to the barrel, jet fuel would take the hardest hit).

That part counts too and as such tourist numbers would go down to some degree, especially from America. These are all still mere elements in the hardship calculations, but the elements are starting to add up, more optional other choices, more localised incentives and less options for Alitalia, that is the sad reality for Alitalia. As far as I was able to see, the press (the non-Italian press) did not take a look at these elements. Even as the BBC did look at one element “At the time the Irish airline was struggling to contain the fallout from a pilot shortage, which led to the cancellation of flights for about 700,000 passengers“, the abundance of competition, as well as the dangers of fuel changes were not looked at. Yet there are other sources, Bloomberg (at https://www.bloomberg.com/news/articles/2019-03-18/easyjet-drops-from-alitalia-bidding-in-setback-to-government) gave us a month ago that Delta is “exploring ways to work with Ferrovie dello Stato and maintain our partnership with Alitalia in the future“, yet I am not convince that they are in it with their heart and soul. Merely a stage where their accountants can optionally see plans for the Alitalia infrastructure and options to give Delta a streamline boost and let Delta grow in other ways accepting Alitalia to some degree for some time, yet how that ‘for some time‘ develops will remain an unknown. Part of it is seen with “Delta would take a 10 percent stake, which would double within four years if certain business goals are met“, yet these business goals are not really heralded by any party. In that regard Lufthansa was open and clear by stating that Alitalia needs to shed 40% of the workforce and that is where the cost of the Delta business goals are likely to be seen as well and that 40% will remain part of the problem. The Italian government would had to euthanise 40% of the workforce in a time when it could not afford to do so and that is the issue to the larger extent. If that knife is thrust hard and deep Alitalia might be around on April 30th, yet at present that is not a given, the pressured parties are not willing to get to that point until the 11th hour and at that point it might just be too late, because in the end the airline is not the only player, the airports will try to make sure that their part of the equation remains safe and there are plenty of airlines offering to ferry people to these locations making the equation unbalanced and unrealistic for the bookkeepers of Alitalia, a sad story for an airline that only recently made it to its 10th year.

 

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Electing Stupid People?

It was the first thought that I had when I got confronted with ‘ECB Injects More Stimulus as Draghi Reveals Slashed Forecasts‘, trillion upon trillion added in debt and none of it worked, the Europeans merely added 3 trillion in debt and they have nothing to show for it. The ECB has become a clear and present danger to the quality of life of Europeans. At present every European should consider that they have an added €5,859 of debt that they have to pay, so in a family of 4 that amounts to €23,437 with the optional €156 of interest every month. A setting where we see that close to 53% cannot make that payment, so that is merely the interest with no chance of ever paying the actual debt. A debt that was a bad idea and has been a bad idea for over 4 years and still the ECB does whatever makes themselves and their friends rich. No accountability for their actions, no transparency and no way to undo the damage they push unto others. Still people ask me why I am a Brexit person. The acts of the ECB are a clear indication that the EU has failed its people to the largest extent.

So as Bloomberg gives us “But bank stocks dropped as the new loans will have less favorable terms than the ECB’s previous operation. There may also be concern about the ECB’s gloomy prognosis for the economy and the limited ammunition it has left if things worsen“, I merely see that what I mentioned in my blog for over 2 years is becoming a reality. the article (at https://www.bloomberg.com/news/articles/2019-03-07/draghi-slashes-ecb-outlook-as-officials-inject-more-stimulus) also gives us “The ECB is reverting to more monetary support just three months after policy makers decided to end their bond-buying program and hoped to start weaning the euro-area economy off its crisis-era stimulus. The export-dependent European economy buckled under the weight of trade tensions, a slowdown in China and the uncertainties around Brexit.” This is making matters worse. You see the stage of ‘the uncertainties around Brexit‘ is one that the ECB gunned for trying desperately to keep the UK in and the actions of the ECB are pushing the UK away. Yes I agree that matters will become worse, yet only for the short term, the UK will over time rise faster and faster whilst the economies of France and Germany will become more and more stagnant towards facilitating to the other 23 players, as they are merely there to get an unrealistic economy and the loans that go with it. When I speculate, I come to the conclusion that Austria will get an expected debt that equals their GDP of 83% by 2021, Belgium is racing towards 108%, optionally by November 2020, Italy is likely to be at 135% by then, Spain is actually doing well, but it will not continue, if they are really lucky they will remain steady at 97%, France will climb to 99.2% and those nations are adding trillions more debt, because the ECB is not kept in check. that is the Europe that Europe is steering to and no one is asking the serious questions on how retirements will falter before 2028, the cost of living no longer realistic and there is no way to keep any economy in check because tee was never any real stage to keep it in check, with merely the impossibility to cast members out. Greece has a chain around its neck that will soon surpass the current debt level of 179% of GDP. So whilst ABC News over sells it with “Provisional data released Thursday show the economy grew 1.9 percent in 2018, down from a 2.1 percent estimate by the government, but closer to the European Commission forecast of 2 percent“, all whilst Greek Industrial news gives us: ‘Greek Economy Loses Steam in Q4, Recovery on Course‘, which might be really true as summer is coming for Greece so from that we accept that the Greek economy numbers will fluctuate positively. And those travelling to Greece tend to see a Greek alternative location, not an alternative country which is great for Greece but the overall numbers are merely positive, not overly positive. The weather has been part of that. There has been a tendency for people in Europe to select less foreign destinations for their vacations, especially the Netherlands and Belgium. This part is not the most important art, yet it still matters. If one nation is off by 0.1% we see an impact, however it is Germany where the economic slowdown is the most visible, and from the past people in Germany get cautious really fast, the 2013 smash down taught them that the hard way. It would impact Spanish tourism by a fair bit. For France we see a similar impact but less in tourism, for them the game changes in other ways and it impacts the EU as well. French RFI reported that the OECD gave “Italy is likely to go into recession. France comes out well, relatively speaking, with 1.3 percent, exactly half the likely growth rate for the US economy“. I personally have some serious doubts on those numbers. If France ends up with 1.1% they would be lucky, as we already have a debate on 0.2%, nation after nations have ‘recovery’ idea’s and not one is staged in any rock solid situation, it is all fluid and most of them hide behind ‘Brexit uncertainty‘ whilst they are all desperate to see Brexit fail before it becomes a reality, their economies will all take a massive hit, even the UK however, the UK once out will be able to push forward momentum just for the UK not for the dozen members hanging on the coattails of the UK. That was the truth that the ECB and the EU commissions are so desperate to hide. The UK residents get fear mongering story, one after another. How there will be no toilet rolls, how things collapse and how values are soon gone. Yet the direct impact is ignored. Once out the UK can determine for the UK again, not have an usurper player setting policy.

For clarity: a usurper is a person who takes a position of power or importance illegally or by force. It does not seem to apply to the ECB, yet how are they setting policy that is pushing the Europeans into debt by trillions, even after the second stage where it did not impact the economy in a positive way? The moment it was switched off, the EU economy is showing to buckle, so how is such a stimulus ever going to be a solution?

When we see “offering banks cheap loans to try to help revive the economy“, well from my point of view, a plan to revive that has been going on for four years is not a plan to revive, it is a vegetation form of life that is being kept alive artificially, as it would have been dead for some time under any other condition. It is merely facilitating for large invoices on a cadaver that no longer has the ability to self-determine its life. And in this case the ECB is really ready to facilitate large invoices, the question becomes who gets that cash, the people of the EU merely get to pay the bill and there are questions that are not getting answered by anyone, giving us a much larger problem. Are people this stupid allowed to be elected into such powerful positions?

You tell me, because from my point of view it does not make sense, and it never did, not past 2015 anyway. It is one part that is wrong; we see even more when we give regards to the issues shown by the Guardian (at https://www.theguardian.com/business/2019/mar/07/ecb-to-keep-interest-rates-low-recession-fears-eurozone-banks). With: “The central bank for the 19 euro nations said it would launch a series of targeted, long-term refinancing operations (TLTROs) in September. These are to run until March 2021 to help banks roll over €720bn (£617bn) of ECB loans and to ward off a credit squeeze that could deepen the economic slowdown” we see a situation that could optionally be interpreted as: “we predict that we cannot pay the outstanding loan of €720 billion, so we are creating a new loan to pay the old loan. We will not mention that as our economic position is not as good, so the fact that this will come at a higher interest is something we will have to accept“, a danger I saw coming a mile away well before 2017. Greece was the most visible one, but not the only one, Italy is in a similar position with its 131% of GDP debt and it will go from bad to worse. With a current predicted debt of €2,526,450,000,000 its interest responsibility is beyond horrendous and that too is swept under the carpet. When we see these acts of stupidity and irresponsibility the Europeans do not have a clear prospect, they basically have seemingly no prospect at all. At present every EU nation will denounce my view, yet what will they say in 2024 when I am proven correct? What happens to the people born between 1956 and 1960 when they look at their pensions and see that they really cannot afford being alive having to pay their bills on what is left? What excuses will their governments and the ECB give them when these people get to hear: ‘OOPS!‘ The chaos that comes with it will be one we get to remember for generations. It will be the moment where all over Europe the life of a Ministry of Pensions official will have a speculated shorter lifespan than that of a crack addict overdosing.

It is all merely part of a larger issue, even as Reuters gives us less than 24 hours ago ‘German industrial orders post strongest drop in seven months‘, we forget that this also impacts shipping numbers, the Dutch harbour revenues, in addition the “Contracts for goods ‘Made in Germany’ were down by 2.6 percent on the month, Economy Ministry data showed on Friday, marking their steepest fall since June 2018 and confounding forecasts for a 0.5 percent increase” gives rise to questions. We accept that we cannot predict increases and decreases to some degree, yet the stage of +0.5% against a 2.6% drop is quite another matter. I also had an issue with: “The Federal Statistics Office put the revision down to large orders for December being reported late“. I am not stating that they were misreporting to us, yet the question on the validity and quality of their forecasting pipeline shows to be more than a mere glitch, it shows that elements are either ignored or not properly doused in awareness. I am not sure which of the two is more dangerous, as the faltering positivity could also give rise to an increased risk of negated negativity through managed unawareness. I do not believe that either form exists by itself. I have accused some of orchestrated reporting through delayed bad news. I personally believe that this is a much larger problem in the EU, and it needs to be addressed really soon and to a much larger degree than it ever was. For that we need to make one final jump. It was last year September when Forbes gave us (at https://www.forbes.com/sites/michaelfoster/2018/09/29/bernankes-2020-prediction-is-dead-wrong/#3132f00c4df5) “Something strange is happening in the investment-bank and hedge-fund world: a growing sense that the next recession (which, by the way, Wall Street has long been wrongly predicting for years) finally has a due date: 2020“. By itself it is not really an issue in any way shape or form. We have all seen these predictions, all based on actual numbers before. I made a similar prediction before Forbes got there (yay me), yet when we see: “the likelihood of a 2020 recession has risen due to, among other things, a tight labour market and higher borrowing costs“, as well as “former Federal Reserve Chairman Ben Bernanke is getting in on the act, saying a boom “is going to hit the economy in a big way this year and next year. Then in 2020, Wile E. Coyote is going to go off the cliff“, we see a lot of it coming to fruition at present and still the ECB pushes forward? We understand that this should be about actual data and not predictions, yet the numbers have been towards the negative for some time now and pushing for more stimuli whilst there is enough data to see it as folly to become reality is another matter entirely. There is a play handed out to players, whilst whomever owns the bank is seeing exactly which player has which card and the players are kept in the dark that the banks have camera’s looking over the shoulder of every player, which indicates that the banks can decide at any moment to sell short the play made by any player. It is great to be told that you can bluff, whilst the bank gets to see the cards all the players have. So the bank decides to set a stimulus play whilst they know that all players have losing hands, how does that go over with the players in the room?

And we allow these banks to be elected to set the stage as such in the first place?

 

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Moby’s Dick

5G is the phrase and the bad part is that the media is shouting what others say and they are not very informative, they are all about bashing Huawei. What is interesting is how bad the situation is in the USA. If 5G is a huge white sperm whale, we need to realise that most people in the telecom retail field are no more than a subversion of some Ahabraham and they are not even holding a spear, merely sucking its dick.

Lifewire however (at https://www.lifewire.com/5g-availability-us-4155914) gives us two elemental parts that most cannot see through all given BS online. I made mention of this setting before (last week at https://lawlordtobe.com/2019/02/03/facebook-folly-and-5g/) in the article called ‘Facebook Folly and 5G‘ where I mentioned the news by VentureBeat: “So as we are given: “As reported by VentureBeat, Verizon has detailed that it won’t have true 5G hardware for its 5G Home service ready until later this year. That means expansion to more markets beyond Indianapolis, Los Angeles, Sacramento, and Houston won’t be likely until the second half of 2019“, how many people have figured out that ‘expansion to more markets beyond Indianapolis, Los Angeles, Sacramento, and Houston‘ implies the largest part of the USA and they are not up for anything before 2020 (and that is me being optimistic)” We see Lifewire giving us both: “It’s also possible that other larger cities like New York City and Chicago will have access to Verizon’s 5G service in 2019“, as well as “However, because the company won’t have standards-based 5G hardware until late 2019, 5G service might stay within the four cities mentioned above — at least for now“. So it is not exactly news, but it is more revealing than most are giving us. Australia added to all with the article in the WA Today. There we see (at https://www.watoday.com.au/politics/western-australia/it-was-a-strange-approach-ex-navy-admiral-opens-up-over-huawei-job-20190208-p50wja.html) ““The purpose within Huawei is to oversight the way that we manage our people, look after them, etc., that’s the role it plays with Huawei,” Mr Lord said. “Everything in Huawei is done for the benefit of the people and the shareholders.” Mr Lord said he referred allegations about Huawei to the parent company in China. “Most of the allegations just don’t come with any proof,” he said. “Whenever there’s a doubt, an allegation made, I query it, I get a solid response. “I don’t from the people making the allegations. I don’t get any proof.”” With this we see a real solid response from former rear admiral John Lord, an actual person with established credibility.

In the last 2 years none of the American claims held any water, yet the press has been too reluctant to assault that part. The truth of the matter is that all media for the most merely adheres to the needs of the shareholders, the stake holders and the advertisers. America is still big business when it comes to advertisement.

So when it comes to dubious people like Rob Strayer (the US State Department’s top cyber official), when we see: “allowing Huawei and other Chinese companies into their next-generation telecommunications networks would allow Beijing to expand its surveillance state around much of the globe“, it comes lacking evidence, lacking up to the amount of 97.5% of evidence. America has become about fear, fear because they played the iterative game or a decade and when a true step forward was required the US could no longer keep up, they were lazy and complacent for too long. In addition to the previous statement we see in addition “A country that uses data in the way China has – to surveil its citizens, to set up credit scores and to imprison more than 1 million people for their ethnic and religious background – should give us pause about the way that country might use data in the future,” this is given to us whilst the US has been doing something similar to its citizens? They do not call it ‘imprisonment’, they merely set unbearable premiums to essential services and cost of living, they hand over data to third parties and let the mess run itself, limiting people and what they have access to more and more and that has been seen for a decade. Bloomberg gave us merely two days ago: “Trade should be free. The gold standard is archaic. Antitrust should protect consumers rather than punish bigness. Tax rates should be (modestly) higher for the rich. Government should run big deficits during recessions to support growth but get frugal during good times to reduce debt.” It sounds nice in theory, yet this requires commitment and Americans have no clue what commitment is, unless it is linked to the need for greed. This America is so polarised we see the protectionism of President Trump versus the socialism of Representative Alexandria Ocasio-Cortez and neither path is a great one, they both have flaws and neither will consent to the golden path in the middle, because the gold in that path needs to be sold to pay for the outstanding interest payment due on the American debt for June 2019, and every month it takes 5 weeks to acquire enough just to make the monthly interest payment, so the entire 5G part is essential for America to stay afloat, a plan that is set to fail. It is the plan behind what some call ‘fixing American capitalism‘ because the capitalists are calling the shots and they who made it into that club do not give a hoot for those outside of that club.

This is an important element, because even now, as America is on their ‘European Tour’ for the 5G anti-Huawei wave, we saw only yesterday the Bloomberg News ‘German Government Rules Out Huawei Ban in 5G Expansion, Official Says‘, you see when it is about BS (read: cow manure) versus results, results always win and Huawei has the goods, they have the result advantage and that is where the USA gets themselves into trouble. There is of course the example 2 decades ago of some Colin Powell with a silver briefcase giving us the ‘WMD presence presentation in Iraq‘, you all remember how that ended, right?

As Germany and others adapt the “subjecting all potential service providers to stringent security standards”, America sees that they are in another presentation war and they are about to lose that one. If they had only stopped being complacent about their technology remaining in an iterative field! So when I am all about selling my IP to either Google or Huawei, I am no longer in a place where I am certain that Google is the best solution of the two, it is after all in America. Even as a global company that will optionally bite for them down the road. In addition we see: “Telecommunication companies have warned about costs that would arise if Huawei were cut out of supplying 5G equipment. Germany’s Deutsche Telekom AG has warned that Europe would fall behind the U.S. and China in 5G with such a move” a stage that the Australians are already watching becoming a reality, there only Telstra wins and that is fine by too many people who are seat holders in the capitalist game, for them the playing field is never allowed to be plain and level.

And there we get to the true issue, the issue that Bloomberg (one of the few) gave proper light to (at https://www.bloomberg.com/news/articles/2019-01-24/huawei-stokes-u-s-fear-with-low-cost-networking-gear-that-works)  : ‘Another Reason U.S. Fears Huawei: Its Gear Works and It’s Cheap‘, marketing can hide behind levels of deception the AT&T issue) relabelling 4G LTE ‘5G Evolution’ an event that is gaining momentum in the news, especially as Sprint is suing AT&T now over deceptive conduct. Lifewire and others are showing that outside of a few cities there will be no actual functional 5G until at least 2020 and that whilst we now see that Zain Saudi is using Nokia for their: ‘Zain Saudi, Nokia conduct 4.9G pilot to boost capacity and customer experience with 5G-ready massive MIMO active antenna on 2.6 GHz‘, they are clear it is not 5G, it is 4.9G, yet the infrastructure is set now to run the pilot, it gives users above 700 Mbps, which is extreme broadband whilst the hardware will need replacement to make it true 5G, we see that parts of the infrastructure are now actively being tested. They are merely one step away from the stat that was given last year august, the then given claim “Saudi Arabia’s Communications and Information Technology Commission (CITC) is expected to commercially launch the fifth generation (5G) network by mid-2019” is now almost there, on time and with the 3GGPS specs. America is not merely falling behind; it is starting to trail the entire stage at best. With their non-actions on AT&T for too long, for their claims on national security that have not been met with ANY evidence on all this. They are all hiding behind the claim makers with pretty degrees and actual evidence did not present itself in any way, shape or form.

When the Saudi even is the success, we will see the EU making a very sharp turn in another direction, they cannot afford another American fuck up. After the Iraq WMD, 2004 and 2008 collapses, America is playing with a strike three against them. And it gets to be worse. Reuters confirmed only a few hours ago (at https://www.reuters.com/article/us-usa-hungary-pompeo/pompeo-visit-to-focus-on-us-concerns-over-huawei-in-central-europe-idUSKCN1PX1RS): ‘Pompeo visit to focus on U.S. concerns over Huawei in central Europe‘ with “U.S. Secretary of State Mike Pompeo will voice concerns about the growing presence of China’s Huawei Technologies in central Europe when he visits Hungary, Slovakia and Poland next week, a senior U.S. official said on Friday as Washington tries to bolster ties with a region it acknowledges it has neglected“, America has resorted to playing its political game. Going to places with beads and baubles trying to impress the people they can still impress with a suit, another silver case presentation, yet this time around without the silver briefcase. They hope to get discord in the EU by playing the individual members against one another, from my personal point of view it will be because the US is soon out of options to pay their interest on the 21 trillion debt they have no way of dealing with. Their greatest option would have been to dispose of their iterative play, but the capitalists in charge decided that it would cost them too much, now it will optionally cost them everything.

So even as Moby’s dick is out in front, the players know that is expected, they do not need to grab their ankles, they merely have to swallow whatever comes next, there will be an aftertaste, but that is what they signed up for, if that is not what they wanted, they should have embraced innovation a lot more than they did. So, now we will (optionally) get to watch the people in Riyadh, Jeddah, Mecca, Medina and Dammam watch their 5G connection, making it one third of the Saudi population with optional mobile access to 5G, consider that stage where Huawei, Samsung and Nokia being the only three options in 5G mobiles, now see that in the earlier light where the US will only have partial 5G in less than a dozen cities. They can cry ‘we are larger’ for all they want, yet the stage is not that they are larger, they were surpassed by what Americans describe as ‘a third world nation’, so how is that as an achievement?

So as Americans hide behind “The United States was particularly worried about Huawei’s influence in small eastern and central European countries where it was easy for China to penetrate state systems, the U.S. official said” without any supporting evidence, we are merely watching that nation lose footing, a nation that merely embraced greed and the need for greed without the consideration that a greed game is one sided and never ever goes the way of anyone but a small group that merely cares about self above everything else.

It fits the bill rather nicely, Ahab and his obsession, willing to sacrifice everyone else, willing to set reason aside in all this. That is what we see with the 5G whale, we see accusations without proof, without proper vetting of evidence, and the media to a larger extent is just as guilty, eager to get the goods from all without properly vetting the stage, and as papers basically repeated what they were given, like the T-Mobile case, whilst it is out in the open that “In a 2017 civil lawsuit, Huawei was ordered to pay T-Mobile $4.8 million in damages. The two companies later reached a private settlement. In a statement, Huawei, which denies wrongdoing, says allegations in the Tappy case were “already the subject of a civil suit that was settled by the parties after a Seattle jury found neither damages nor willful and malicious conduct on the trade secret claim.”” America has become that desperate. So how does it help anyone to feed that machine of desperate stupidity, even as it was decided that: ‘a Seattle jury found neither damages nor willful and malicious conduct on the trade secret claim‘.

When we give weight to the elements, how obsessed has America become in regards to their White Whale? Why is the media not properly looking at that part or the equation?

 

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Facebook Folly and 5G

There was an article in the Guardian last Thursday. I had initially ignored it for all the usual reasons, yet when I sat down this morning, there was something that made me take another look and the article is actually a lot more important than most people would think. The article (at https://www.theguardian.com/technology/2019/jan/31/apple-facebook-campus-permissions-revoked-teens-access-data-iphone-app) named ‘Apple leaves Facebook offices in disarray after revoking app permissions‘ shows a different side that goes a lot further than merely Facebook. We see this with: “We designed our Enterprise Developer Program solely for the internal distribution of apps within an organisation. Facebook has been using their membership to distribute a data-collecting app to consumers, which is a clear breach of their agreement with Apple”, this statement alone shows the failing of their legal department, as well as their senior board that works under the strict sense of assumptions. We see this not merely with ‘Facebook had allegedly exploited a loophole in Apple’s approval system to bypass rules that banned the harvesting of data about what apps are installed on a user’s phone.‘ We see another level when we reconsider “Facebook Research, an app the company paid users as young as 13 to install that routed their iPhone traffic through the company’s own servers“. This is not merely about hijacking data; it is about the fact that both the IOS and Android paths are a little too transparent. Academically speaking it would be possible for Apple to distribute a similar app guiding Android people to the IOS data path.

The fact that we now see that others are affected through: “According to an internal memo, obtained by Business Insider, apps including Ride, which lets employees take shuttles between buildings on the company’s sprawling campus, and Mobile Home, an employee information portal, were down“. And it is not merely the Guardian, the Apple Insider gives us: “A report from December claimed Facebook had made special data sharing arrangements with other tech companies, enabling Facebook to collect more data on its users generated on Apple devices, without either Apple or the users’ permission or knowledge.” This now gives the setting that Facebook is getting desperate, when any company needs to rely on Data snooping to keep their momentum up that is the moment we see that any tower, data based or not will fall over.

Part of that came from an article last December giving us: “A damning report on Tuesday provides further details on Facebook’s shady data sharing practices, already under intense scrutiny for the Cambridge Analytica fiasco, suggesting the social media giant enabled Apple devices to surreptitiously collect information about users without their — or apparently Apple’s — knowledge” and the nightmare scenario is not merely that Facebook is gathering data, it is the ‘data sharing‘ part and more important, who it is shared with. This has over the last two months changed my position from waiting what is actually afoot into investigation into actively prosecute Facebook for their actions.

I am certain that the prosecution goes nowhere, mainly because the legal departments allowed for the loopholes to get into position in the first place. It enables the train of thought on how involved Apple was in all that. That train of thought continues when we revisit the Apple Insider quote: “It was revealed yesterday Facebook paid users $20 to sideload a VPN onto their devices, allowing the social network to monitor what participants aged 17 to 35 did online. Claimed to be a “social media research study,” the Facebook Research iOS app took advantage of Apple’s Enterprise Developer Certificates to allow the apps to be distributed separately from the main App Store, as well as effectively providing root access to a user’s device.” In all this the legal teams did not consider the usage and installation of linked VPN applications? Is that not weird?

Bloomberg is trying to water down the event with “Facebook seems clearly to have earned its latest privacy black eye, but it’s important not to overstate what’s going on here. This is essentially a contract dispute“, is it? It seems that the users are victims of deceptive conduct; it seems to me that root access clearly implies that all data and content of the mobile device was made available to Facebook, was that ever clearly communicated to the users installing that?

It is my sincere belief that this was never ever done. So as Bloomberg in trying to add more water to the wine with “Apple’s concern about it’s “users and their data” might well be sincere, but this particular dispute isn’t about the fact that Facebook collected user data; it’s about the way that Facebook collected user data.” Here we see more than merely deceptive conduct, or to use the quote: “I’m not suggesting that what Facebook has done isn’t serious. But neither is it the end of user privacy as we know it“. You see, when you had over root access it means that you had over everything and at that point you have revoked your own right to privacy. And at the top of the watering down of wine, making it impossible to distinguish between the taste of either we see: “But users seemed to know what they were getting into — and were also paid for the privilege“, likely to be Bloomberg foulest statement of the day. Not only do they knowingly hide behind ‘seemingly’ they know for certain that no one will ever knowingly and willingly hand over root access to an unknown third party. It also tends to introduce security flaws to any phone it was installed to, when exactly were the users informed of that part?

So whilst we get another version of: “Twenty dollars per month might not sound like a lot to, say, the typical Bloomberg reader. So imagine Facebook instead had promised one free local Uber ride per month” you all seemingly forget about the international community, who like all others will never get to cash in on those events, or paid responses or alleged dollars for donuts deals. That becomes for the most direct profit for Facebook, access without a fee, how many of those people were part of that event?

Cnet phrases it a lot better with: “I think it’s highly unlikely that the vast majority of the people who went through this whole process really knew the kind of power they were giving Facebook when they clicked OK to install this (app),“, which we see (at https://www.cnet.com/news/facebook-shuts-down-ios-research-app-it-used-to-access-user-data/) by Bennett Cyphers, a staff technologist for the Electronic Frontier Foundation.

And that is not the only part, not when we enlarge the circle. Two days ago, my predictions become fact after the Sydney Morning Herald gives us: ‘Optus concedes 5G service without best technology after Huawei ban‘, which is awesome, as the IP I came up with does not affect either and allows for Global Huawei (or Google) continued growth. So as we are treated to: “”From a pure technology perspective, Huawei is probably ahead of the other three “Mr Lew said after Optus unveiled plans for a $70-a-month unlimited service with guaranteed minimum speeds of 50Mbps. “But what we’ve got from the other suppliers will enable us to provide a globally competitive service.”” This is actually a lot more important than you think, when mobile app users seek the fastest solution, the more bang per gigabyte, the Huawei solution was essential in all this. So as Optus chief executive Allen Lew now concedes that those not using Huawei technology will be second best in the game at best, my solution will set a new level of e-commerce and information on a global scale and all I asked for was $25M upfront and 10% of the patents, the rest was for Google (or Huawei). It is a great deal for them and a really nice deal for me to, a win-win-win, because the consumer and SMB communities will equally profit. I merely circumvented paths that were not strictly legally required; merely a second tier to equal the first tier and when the speed map drives us forward, the players using second rate materials will end up losing customers like nothing they have ever seen. It’s good to use political short sighted policies against them. So whilst the world is listening on how Apple and Facebook values are affected, no one is properly looking on how Huawei and Google have a much clearer playing field on how 5G can be innovated for the consumers and small businesses. It will be on them to restart economies and they will. They are moving from ‘Wherever the consumer is‘ to ‘Whenever the consumer wants it‘, the systems are there and ready to be switched on, which will be disastrous for many wannabe 5G players. I am giving a speculative part now. I predict that Huawei holding players will be able to gain speed over all others by 0.01% a day when they go life. This implies that within 6 months after going life they can facilitate 2% better than the others and within a year is double that. These are numbers that matter, because that means that the businesses depending on speed will vacate to the better provider a hell of a lot faster than with other players. This effect will be seen especially in the Middle East and Europe. And before you start screaming ‘Huawei’ and ‘security threat’ consider that the entire Facebook mess was happening under the noses of that so called cyber aware place America. It happened under their noses and they were seemingly unaware (for the longest of time), so as security threats go, they are more clueless than most others at present. It boils down to the boy howling Huawei, whilst his sheep are getting eaten by fellow shepherds, that is what is at stake and it shows just how delusional the Huawei accusations have been form many nations. How many of them were aware of the Facebook data syphoning actions?

This gives us the final part where we see the growth of Huawei as we see ‘Saudi-based Telco opens joint ICT Academy with Huawei‘, you might not find it distinct and that is fine, yet this is the same path Cisco took a decade ago to grow the size it has now and it was an excellent example for Huawei to adopt. The middle East is the global 5G growth center and with Qatar 2022 introducing maximised 5G events, we will see that Huawei took the better path, feel free to disagree and rely on AT&T and their 5G Evolution, yet when you learn the hard way that it is merely 4G LTE and now that we also see that ‘Verizon likely halting its ‘5G Home’ service roll-out after test cities, waiting for 5G hardware to actually exist‘, we see the events come into play as I have said it would, America is lagging and it is now likely to lag between 12 and 18 months at the very least, so whilst the world is starting their 5G solutions, America gets to watch from the sidelines, how sad it all is, but then they could still intervene into the Facebook events. They are not likely to do so as they do not see that as a ‘security threat‘. So as we are given: “As reported by VentureBeat, Verizon has detailed that it won’t have true 5G hardware for its 5G Home service ready until later this year. That means expansion to more markets beyond Indianapolis, Los Angeles, Sacramento, and Houston won’t be likely until the second half of 2019“, how many people have figured out that ‘expansion to more markets beyond Indianapolis, Los Angeles, Sacramento, and Houston‘ implies the largest part of the USA and they are not up for anything before 2020 (and that is me being optimistic).

It is he direct impact of a stupid policy, which in the end was not policy at all, it was merely stupid and we all get to witness the impact and the carefully phrased political denials linked to all that; funny how evidence can be used to sink a politician.

This reminds me of my blog of August 2018 (at https://lawlordtobe.com/2018/08/23/liberalism-overboard/) where I opened the premise of “the topic would be ‘How to assassinate a politician‘“, I should sell it to Alibaba Pictures or Netflix, it could be my Oscar moment (and cash in the wallet). So, it is true, political folly is good for the wallet, who would have thunk it?

 

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