Tag Archives: China

June 2, 2023 · 01:36

Is it too little, too late?

That is at times the question. What I think does not matter, I can be opinionated. Yet that part is still part of the speculative side that I walk. Only those who are in power in the Kingdom of Saudi Arabia can actually state what is real. The rest including those think tanks are clueless. Well, think tanks have a deeper generic knowledge, as such it is no longer speculation, it is presumption. It is knowledge based on data and knowledge they have, it is more accurate than speculation, but how much more is depending on the political hands that they also feed. 

As such Reuters gave us (at https://www.reuters.com/business/aerospace-defense/italy-ends-yemen-linked-embargo-arms-sales-saudi-arabia-2023-05-31/) ‘Italy ends Yemen-linked embargo on arms sales to Saudi Arabia’ this is good for Italy and it will help the EU, but how much? That remains to be seen. This 11th hour turnaround might have som impact, but will it be enough. For it to matter the UK needed to come across months ago and they didn’t and now China has the bulk of the orders ready for consideration. Italy as such might get some, but will it be enough and there the setting of ‘too little too late’ comes into play. Even as they include the UAE, the setting was always going to be the massive billions that the KSA had to spend and even as we consider that the KSA expenditure reached $75 billion last year, most of it is now going towards China. A safe bet is 40%-50%, but I reckon that China stands to gain up to 70%, all that revenue lost to the US, UK and the EU. The losses for these three are likely THAT big. Mine is not presumption, I do not have certain access. It is speculation at best, but how wrong do you think I am? We saw the courting by Chinese officials in 2021 and 2022 and now that they have made their impact Italy is now ending its embargo with a nice “praising Saudi Arabia’s recent peace mediation efforts”? Who are they kidding? The UK handed their revenue to the tea grannies of the CAAT, well a lot of good that did, China just took over and now none of them have anything to tell anyone. Well CAAT can state that they kept their heads high, so when OPEC adheres to the need of Just stop oil and 250K barrels a day go to China instead of the UK, what will have been achieved? I can tell you, nothing. Nothing will have been achieved, but the quality of life in the UK will go down further. 

We see now all kinds of changes and whilst the political arms give lame excuses all around us, the reality is that we opened our big mouths and there is a cost to that, but when the coffers are empty like most coffers in the US, the UK and most EU countries the cost of living will bite more and more. I tried to warn you all for at least three years and these options are all scuttled and they will not mature. So as Italy is making its step hoping there is some time left, I wonder if there was any time left. It is my speculative view that this is too little and it is way too late, but then my speculation could be wrong. You tell me, I honestly am not certain at present. 

Enjoy the day, the day before the weekend is merely one day away.

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May 27, 2023 · 12:47

Ding Ding, the premise is set

Yes, this is not new, I made mention of this danger several times over the last two years. And now the media is tarting to catch on. The Guardian (at https://www.theguardian.com/world/2023/may/26/russian-weapons-manufacturers-hosted-at-saudi-trade-event) gives us ‘Russian weapons manufacturers hosted at Saudi trade event’, you see, some might think one part, or the other part, but personally I believe that they were invited as a courtesy. There is the option that they were invited to make sure that the China offers are financially sharp, but that is the sales world for you. You see, they might offer Russian Helicopters, like the Ka-52 Alligator helicopter. Yet the Ukrainians have ben shooting them out of the sky by the dozens, so the options are speculatively not there I reckon and the way Russia is losing hardware, every machined piece of cavalry and artillery better come with a ballpoint (for write off purposes). This was the stage that was going to happen no matter how you slice it. The US thought it was clever and it is now (not so) cleverly losing billions in defence spending by Saudi Arabia and its allies. So when we see “Perhaps the most significant participant in the meetings with the Saudis is Rostec, a Russian state-owned defence systems” and we consider the byline “Companies with direct links to Russian military set to attend, which is likely to heighten tensions with US” no one seems to be noticing that Stephanie Kirchgaessner with her anti-Saudi writing is involved and the larger question is missing is “a similar trade forum with Chinese businesses had also been held recently, although those businesses did not involve firms with connections to the Chinese military.” Really? 

The Chengdu Aircraft Industry Group has no links to the Chinese Military? Tell me another one. Then there is “What is different here, and these recent business events are just one sign of it, is a major reorientation of Saudi policy towards Russia and China, and away from the USA and west Europe”, which comes from some unnamed source. The fun part is that I have ben saying this for close to two years and the first year there was an option to turn this around, yet the US and UK were sitting on their hands and now it is seemingly too late. This is the consequence of a stupid game played by the Pentagon, US Congress, the White House (in and out of office) and the House of Commons. This is the result of stupidity and there is no “heighten tensions with US”, the US is about to lose so much revenue that certain banking moguls will cut up the US credit card (and lower credit ratings in the process). 

Another step achieved by ego grandstanding and inactions. So where will Saudi Arabia, the UAE and a few other players go to? My money is currently on the Chengdu Aircraft Industry Group, but it is a speculative view and I lack certain levels of industry knowledge in that direction. As such I could be wrong, but I do feel that the failures in the Ukraine makes Russia a non-player in this game. Merely a column C option and it is there to make sure that those in Column A and B keep their prices down. This make makes it (for me) about half a dozen predictions right on the nose. Not bad in this day and age I reckon.

Enjoy the Weekend

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May 21, 2023 · 23:53

The perception of others

This is a case, this is often a case and in this case. I am one of the others. You see the ‘news’ is no longer that, it is often filtered information. Information that is accepted by shareholders, stake holders and advertisers, as such the people are seen and treated more often than not as a distant fourth. This setting came to the forefront when I saw ‘G7 takes stand against China’s “economic coercion”’ (at https://www.bbc.co.uk/news/world-asia-65662720) where we are given “And in not one but two statements, the leaders of the world’s richest democracies made clear to Beijing their stance on divisive issues such as the Indo-Pacific and Taiwan. But the most important part of their message centred on what they called “economic coercion””  Now here we need to pause. These people do not lie (at least I hope they do not), but lets take a look at the evidence. The first is the ‘world’s richest democracies’, these nations are

1. Canada, debt around $ 2,100,000,000,000
2. France, debt around € 3,000,000,000,000
3. Germany, debt around € 2,600,000,000,000
4. Italy, debt around $ 3,000,000,000,000
5. Japan, debt around $ 9,300,000,000,000
6. UK, debt around £ 2,500,000,000,000
7. USA, debt around $ 32,500,000,000,000

Yes, they are really rich (in debt). To give a little consideration “As of April 2023 it costs $460 billion to maintain the debt, which is 13% of the total federal spending” for the US, their interest is $460,000,000,000 to pay for the interest and 13% of the entire budget is to pay for the interest. So all this talk about debt ceilings is close to null and void. Not unlike a Ponzi scheme the US government is taking out new loans to pay for the INTEREST of old loans. When did that ever go good? But that is not what this is about. The next stage is about ‘economic coercion’ something America and others have done for decades. Economic coercion is a political tool that the US pushed all over the middle east, and now that Saudi Arabia and other are pulling their contract with the US and giving options to China it is coercion? I mentioned it a few days ago (at https://lawlordtobe.com/2023/05/19/the-stupidity-of-some/) in ‘The stupidity of some’, I made mention of some elements then and several other articles before that. One should not bite the hands that feeds you and I reckon that is why other players were invited to this party as well (no matter what they say). The US is broke and needs others to do some of the heavy lifting. This is OK, or at least that is why allies stick together, but the bulk is deeply in debt with Canada and Australia in a much better position. Germany had industrial revenues so it is not that bad off either. But this is not bout that, it becomes clear when we see “Now, they worry they are being held hostage. In recent years, Beijing has been unafraid to slap trade sanctions on countries that have displeased them. This includes South Korea, when Seoul installed a US missile defence system, and Australia during a recent period of chilly relations.” They worry? So are they being held hostage, or are they not. Lets be clear all these players have engaged with some form of economic coercion in the past, it is a valid political tool, but now that the shoe is on the other foot, the US is worried. It is losing its grip on the Middle East and as Saudi Arabia is uniting its nations and leagues with the added Syria, Egypt and now optionally Iran as well, the stage changes for the west in the Middle East. China has been invited there now and that worries all players of team G7. You see with them losing 5%-10% revenue to China due to all kinds of reasons they are now scared that someone (the big banks like the Rothschilds) will cancel THEIR credit card and that has them scared silly. I would be to, I really would. This is just a few reasons why I tried to sell my IP to Saudi Arabia and Kingdom Holdings (optionally the UAE too). Amazon and Google were asleep and not caring (perhaps they didn’t like my IP) and Microsoft is not invited to that party and optionally Tencent Technologies is.

You see, the stage, several stages are turning to China as an option. Does China have any less debt? I cannot tell, but they are drilling into new business like nothing we see and that has the G7 scared. 

So when we get to “They called for “de-risking”- a policy that Ms von der Leyen, who is attending the summit, has championed. This is a more moderate version of the US’ idea of “decoupling” from China, where they would talk tougher in diplomacy, diversify trade sources, and protect trade and technology.” We see the larger stage, the ‘west’ will diversify trade sources, so that new and emerging economies can only do business with them if they do not do business with China. Almost like Sony did with retailers in 1998/1999. Those who were showing the SEGA Dreamcast would not be getting the PS2. It scared a lot of retailers because PS2 was a winning system and it did. The same was done much earlier with VHS pushing out Betamax (which was superior). A tool used again and again. Yet the larger stage is not these emerging economies, they are a factor, it is what will Saudi Arabia and the UAE do, they are now aligning the next decade and they were the big spenders all over the place and that setting is now heading for China (not sure if it is a done deal) and in this Egypt is important. With them championing Huawei and their G5, Egypt aligns with Saudi Arabia and a lot of commerce and Egypt then becomes a 5G beachhead all over the mediterranean and Africa. This will benefit China a lot. And as we get to “The US is already doing this with its ban on exports of chips and chip technology to China, which Japan and the Netherlands have joined. The G7 is making clear such efforts would not only continue, but ramp up, despite Beijing’s protestations.” This is the stage that is evolving and it is a dangerous move to make. I get why it is done. In the first I am not stating that China is innocent, I am stating that they all used these tools and the debts are drowning their actions. The danger is that if there are any innovative people in China, they will come with an alternative. I have no idea what, but I recall a nice example. The US created a specific ballpoint pen that could be used in space, they spend millions on that solution somehow and Russia? They used a pencil. We saw the Huawei block by Google and now Huawei is rocking the Harmony OS which is available in 77 languages. It is different from both Google and Apple, so what happens when Harmony becomes the tool of choice in the Middle East? You can ban and block, but the danger is that someone finds another way just like Toshiba in Russia decades ago and there was no alternative, as such Toshiba grew and grew with an entire market where they had no competition. Will it happen again? I am certain of it, when one resource closes people look for another resource, it is a natural continuation. Only really stupid people think that no one can get around them and I wonder what will come next. As such I have issues and the BBC did nothing wrong here, they reported, they used quotes and they adhered to something (not sure what). I am showing you that what is said is not merely dangerous it is deceptive. It these are the richest democratic economies, why is there a 50 trillion dollar debt (actually it is decently higher at present). A debt of 50,000 billion and no one is asking questions. I get it (to some degree) Russia is now a problem, the Ukraine is dealing with it, but it can only do so much. It needs support and I agree they do need it and I believe they deserve all the help we can give them, yet across the waters there is no one dealing with the actual debt, they are merely prolonging a complete collapse that will have too many deep in debt for decades. Retirement plans will collapse, health care will collapse and we will all blame someone, but no one is looking at how we all let this happen and now those with the option will look towards the Middle East (including me), a lot are looking at China as an option and a global brain drain will be the consequence. All settings that the G7 will have to consider, because they all have a lot to lose.

Enjoy the start of Monday up to 12 hours (for some) from now. 

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May 20, 2023 · 10:22

Traitor’s Gateway

There is a gate through which traitors pass, it weirdly looks like the one in the Tower of London. It does not offer boating service. The traitors walk through the slime and the muck with their bare feet. This gateway is not in London, it is the entrance of the ninth level of hell, a place reserved for traitors. A gate reserved for people like Jack Teixeira, and he is most welcome to that entrance. Lucifer Morningstar has confirmed his reservation. He stated to me that the demons in that level had been doing too little. Too many demons, not enough traitors. So Jack will be getting the undivided attention of dozens of demons for millennia to come and as a second here equals a year there, eternity becomes a whole new context. And it seems that there is place for more if we can believe the CNN article (at https://www.cnn.com/2023/05/19/politics/jack-teixeira-leak-intelligence-unit-warnings/index.html). There we read ‘Defense personnel alarmed after memos reveal Air Force leadership warned about accused Pentagon leaker but let him continue working’, so what was that again about the devils playground? Especially when I saw “Air Force leadership repeatedly warned Airman 1st Class Jack Teixeira about inappropriately accessing classified intelligence have left former and current defense personnel baffled at how he retained his security clearance and was able to continue sharing classified information for months.” I would not say that they are baffled. This level of inaction is just staggering. Some people in this day and age were not willing to put in the paperwork, some were hindered by indecision (a failing many managers tend to have) and then there is “had received a direct order from his superiors to stop taking notes on intelligence, which they found he was ignoring just a month later”. So if I read this right. We see all the huff and puff against Huawei and now TikTok and you keep a clown like that around? Give me a break, China doesn’t need to create elaborate intelligence gathering loopholes (if there are any, no evidence was ever presented.), China can just softly push an intelligence gamer and he will spout whatever they need. ‘Do you want the US invasion plans for Russia?’ Just mention ‘You could never invade Russia’ during a game of Fortnite and some clown will produce the PDF file with (if we may believe the CNN text) personal annotations and notes from the traitor themselves. That US service is just amazing. An Airman with intelligence clearings can deliver faster than an F-35 with overburner heat, hopefully only in America. 

The text also gives us ““This is negligence on the part of the chain of command,” said Jason Kikta, a former Marine Corps Officer and former member of US Cyber Command. “They had a clear pattern of behaviour,” adding he “should have been cut off at the second incident.”” You see, a clear answer and a straight directive, as one would expect from Marines (Airforce please take notes here). A simple application of Common Cyber Sense, like the Marines haircut, just cut it all off! Yes, that is how I believe it should be and what baffles me is how inactive the Airforce has become. You see, Common Cyber Sense is nothing new, it has been around 15 years. The repetition of warnings is nothing new either. All hetero sexual man wanted to look up the dress uniform of a youthful well shaped female Airman. I know it is wrong, but we were all 17 once and don’t we love admiring those forbidden fruits. This happens, it is wrong but it happens. Yet to push defence papers onto the gaming internet is a whole new level of wrong (stupid too) and inactions here that catered to it is setting the question. How much of an overhaul does the classification system need? Not merely that it happened once, but that a repeat offender was able to do it for so long requires a classification overhaul up to the highest rank in that location (and optionally other location to). Although the information at the end “Virginia Democratic Sen. Mark Warner, chairman of the Senate Intelligence Committee, told CNN on Thursday that the new information was “deeply troubling.”” I would say to Mark Warner that ‘Deeply Troubling’ was some time ago and when we see Senators up in arms on TikTok and Huawei issues, all ignoring Cisco matters and calling this ‘deeply troubling’ is making me howl with laughter. And with the added “A memo from September 2022 says Teixeira was “observed taking notes on classified intelligence information” in the unit’s sensitive compartmented information facility, or SCIF, and putting “the note into his pocket.” He was instructed “to no longer take notes in any form on classified intelligence information””. So not only was he doing this for a long time, there is no way to tell how long BEFORE September 2022 this was going on, because I feel fairly certain that he got away with it for some time before someone noticed.

So don’t feel sorely, traitors will brighten your Fortnite day when needed, enjoy your gaming weekend.

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May 19, 2023 · 10:42

The stupidity of some

Yes, we all see that and it has repercussions for these people. We might sit on the sidelines laughing, but it shows a dangerous premise, the stupidity of America, the stupidity of some Americans and how they scuttled their own ship called ‘Future of us’ and ‘us’ could also be seen as ‘US’. This is shown in two articles. The first one is from Yahoo Finance. There was a little better NY Times article, but that was behind a paywall, so you would not be able to read the whole text.

The article (at https://news.yahoo.com/disney-cancels-1-billion-florida-185105108.html) gives us ‘Disney Cancels $1 Billion Florida Expansion’. A setting that came because an idiot (aka Gov. Ron DeSantis) decided to start a war for a trivial reason. He wanted to ‘Douse the Mouse’ (sorry Brittlestar, this is too good a slogan to pass up). And now Disney has cancelled an expansion where we get “The 10-figure office complex near Walt Disney World would have brought more than 2,000 jobs to the region, according to an estimate from the Florida Department of Economic Opportunity” So not only does this governor rub any fat cat the wrong way. He now has grievance with the Commercial houses of Florida, his Republican back, the Democrats of Florida and a few other people. Along with the 2000 people not getting a job, up to 8 people connected to anyone losing that job, as such he is 25,000-50,000 votes down and there is likely a larger loss for the Republican side. An ego centric stupid act on the premise of perception that should not have existed in the first place. It is stupid for a few reasons more. The American have alienated Saudi Arabia, optionally the UAE, Egypt and Lebanon as well. Billions in defence industry is now going to China, building contracts in Syria and Saudi Arabia are now going to China, as such the EU and USA are losing out on billions more. The idea that the EU will cater to another Disney-world giving the EU billions more is not out of the question, all money lost to the US, in a stage where they have over 31 trillion in debt. An act too stupid to contemplate and this could have been avoided. In the 70’s my elders taught me ‘Do not bite the hand that feeds you’ and in 1968 we have the premise ‘Money talks, bullshit walks’ and the US seemingly only has walking left. In this day and age I saw the option for millions more in revenue in IT and it will likely go to the UK, the EU (Germany most likely) and Australia (weirdly enough). I am not ruling out Canada, but I know too little about their abilities in that field. Millions more and the list goes on. America dropped well over $5 billion a year on my recent watch alone. And all this before you realise the blunders that signify the USS Zumwalt with its $4 billion expense and the massive drop in abilities. Just to be clear, I am no naval expert, but I dit get a degree in ships engineering and navigation in 1979, so I am not totally in the dark here. The USS Blue Ridge that launched in 1970 outperforms it by a lot and the cost of that rubber ducky is a mere 5% of the failure that the USS Zumwalt represents. I reckon the idea that a congress would not order the smart bullets that the Zumwalt needs (at $800,000 per bullet) might have been the wake up call some people needed. In that environment we get to the second linked article. 

The second article is from the Guardian (at https://www.theguardian.com/business/commentisfree/2023/may/18/us-debt-ceiling-crisis-republicans) and here there is another side. I do not agree. You see, we can listen to the emotional ‘The US debt ceiling crisis is more proof of Republicans’ cynicism and bad faith’. Here I am on the Republican side. There is a folly to let 31 trillion fester and fester to something more. This is a pox on both houses and it has been for well over 25 years when a tax overhaul was needed and we all hear the same BS. Too hard, too complex. Well, they are close to default on whatever they have left and as Disney goes towards the EU they will open more doors. IBM, Adobe, Amazon, Google and Microsoft are already diversifying leaving the US with nothing (well almost nothing). And as they alienated the few allies left they see an exodus to China, China of all places. 

This is the act of stupidity, stupidity on both houses that would not act when they could and now they are in patters of indecision and they are all trying to find fat jobs in global corporations before the house collapses and it is close to collapsing. This, (and a few related items) was why I tried to sell my IP to the Middle East. In the first you go where the money is. In the second you find a place where you can enjoy your golden years. Because as I see it the US will be a very dangerous place to stay soon enough. Over 200 million desperate people? Yes, that is not a place for me and when the energy shortages hit it will get a lot worse soon enough, they had options there too, but they squandered those options in the last 5 years. 

So whilst everyone is pointing at me stating that I am the stupid one (a fair thought to have) consider that my IP was right in at least two cases, optionally two more that are now evolving. Yet I have a few more and they are all destined to go towards places like Huawei and Tencent technologies. And in all honestly between nothing and  few crumbs, ill take the crumbs, especially if that results in a view like below. 

This is not my 39 coins of silver. It is merely a retirement dream that could optionally be true. And what would you do when you have the choice between what I choose and a retirement home without resources? Because that is what the US (EU and UK too) created with their ego driven decision tree.
Dousing the mouse? When was that ever a good idea, especially when it decides to cancel a billion dollar expansion? Will it go to Euro Disney? With the economic setting the French have, that might be a realistic option for the minions of Walt Disney, and the US? Well it made its own bed, to bad for them that as the others leave that sinking ship well over 275,000,000 Americans will be caught in the middle. They had their options and they voted, or they did not vote and lost their right to complain.

Have a great Friday.

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May 15, 2023 · 14:39

The paper tiger

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

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

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

Yay, Monday!

Enjoy the day.

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May 12, 2023 · 00:17

Spend, spend, spend

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

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

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

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

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May 7, 2023 · 12:11

Changing the narrative

That happens at times. Narratives are slightly altered, but in this case? The media to a much larger degree are changing the narrative of the strikes at the Writers Guild of America. Is it because of advertisement needs? Is it because the streaming corporations now have a hold on them? You tell me. In this I have two examples. The first is ABC and even though the headline is deceptive, they do give all the facts. 

Yet others are seemingly not doing that. They are all about the AI side, yet the two largest issues which are the unbelievable amount of underpaid writers as well as the streaming revenue where writers get next to nothing are massive issues. ABC does mention them but plenty of them do not. I saw at least a few of them copying other texts almost to the letter and no mention of streaming issues. Why is that? It is all nice that the WGA is on strike and picketing, but the media should at least take one small effort to hand the real issues and all of them to the public. The media has lost enough credibility as it is and as such we need to wake up (and fast). 

As I heard it new media (streaming) was not addressed satisfactory the last time around, because it was really new. So to read that some writers creating winning series need a government handout to get by is clearly insane. And it will cost Hollywood a lot more then they realise. What happens when the Commonwealth (Australia, Canada, United Kingdom) take over? What happens when the Dubai stage of G5 starts catering to global streaming? What happens when China with Tencent Technologies adjusts to this stream whilst paying a proper income? America might shun it all and stats that these series are not welcome, yet I believe that parts of Asia, Europe and the Middle East are ready for change and Hollywood better tarts realising really fast that the latter three players are close to 60% of their income stream. When that falls away it will be one of several multi billion income streams falling away. First Defence, then IT now streaming and as I see it both the UAE and China are chomping at the bit to take a slice of that income stage. 

So whilst the media is pondering how to cater to advertisers, they better realise that when that falls away they have nothing left. One of my IP will already hurt advertisement money to a decent amount, the streaming industry will hurt a lot more when the shift to any of the other three players come through. All stages that were out in the open for all to admire, that was until the media changed the narrative as I see it. I have no idea how long this strike will last, but at the end when writers vacate to a place where they end up having a decent income, plenty of series will collapse, perhaps not completely, but several will lose the little talent they had at their disposal. Yet for these providers there is still one option, a reality show based on republican politicians with real republican politicians. They will take any limelight that will have them and it could be hosted by Tucker Carlson, apparently he is looking for a job. So how is that future of streaming? Yes, there is an upcoming issue with AI, but that will take time. The fact that paid writers still require government handouts whilst these series make billions is disgusting and it will not take long until some will show the people this and plead that we cancel out streaming subscriptions. What happens when the people on mass agree?

Enjoy Sunday and consider the price of what you are watching on your streaming channel.

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April 26, 2023 · 02:31

Is the die cast?

That is the question, personally I think it is, America dug its own grave and I am not asking you to take my word for this. Lets take a look at two pieces of ‘evidence’ handed to us. The first is Al Jazeera. They give us (at https://www.aljazeera.com/features/2023/4/25/can-china-replace-the-us-in-the-middle-east) the headline ‘Can China replace the US in the Middle East?’ The question asked here is a much better question than you think. The article (by Erin Hale) gives us “China still does not have the ability to replace the US in the Middle East, where Washington has dozens of military bases and allies it has committed to defending. But Beijing might not want to take on that responsibility yet in any case, experts say” this was part of the short answer and it is a good considerations to have. The problem is that this is based on US sided ‘experts’. People like that have gotten too much wrong, yet are they getting this wrong? That is the larger stage that we cannot answer. You thin you can, but none of is actually can. But there are two more quotes that ‘sully’ the waters here. The first is “the United States has not conducted itself particularly responsibly for the last 20 years”, the second one is “Beijing is viewed as an ideologically neutral trading partner, which has long maintained a policy of non-interference in the domestic issues of Middle Eastern countries, from politics to human rights, making it a less controversial mediator than countries like the US” these two statements are strong. Beijing has no real experience in the Middle East, which also means they have no negative marks against them, which works in their favour. Yet the larger stage of security is in the hands of the US and that looks good in the eyes of the Middle Eastern partners. In addition, the US has more than three dozen military bases in the Middle East. A stage that not only is hard to replace, but there would be indications that China is uneasy trying to replace those. In addition it means a massive contribution of troops to the Middle East, a stage they do not fully comprehend, more important, they are likely to make a mess of certain parts in a time when they cannot afford them. 

This gets us to the second article, which has some links to the first one. It comes from the Middle East Eye (at https://www.middleeasteye.net/news/saudi-arabia-rejoins-worlds-top-five-military-spenders-says-report) where we are given ‘Saudi Arabia rejoins world’s top five military spenders, says report’ and this is the big part. You see, the article gives us that Riyadh spend an estimated $75,000,000,000 last year in military goods (hardware and software). The problem is that as of 2023 onwards a much larger slice of that cake will go to China. The US (EU too) messed up by a lot and that comes at a cost. The second part is that these military base options are to some degree connected to the sale of military hardware, now that is to an increasing amount falling towards China the US needs to do something, but they are left without options at present. We see “Democrat Chris Murphy and Republican Mike Lee – came together to introduce legislation that would require US President Biden’s administration to report on Saudi Arabia’s human rights record and possibly cut off all US security assistance to the kingdom.” A stage that sounds like a threat yet it comes with the opportunity for China and with that opportunity we see a much larger shift in staging. The US made their own bed, would not unite in one view and up to 50 billion will be whisked away from their table. In a stage where the US is one step away from a collapsing dollar and the implosion of its economy they have decided to bite that feeds them. How stupid is that? And in a stage where they could lose more and more oil, promising to make Saudi Arabia a “pariah” is more than bad strategy. You see 67 journalists were murdered in 2022. How much actions were taken? The one that no one gives a hoot about is the poster child for the US, all whilst the evidence was lacking, the United Nations report reads like a joke and still people push that narrative. As such several countries, not just Saudi Arabia are in a stage to hand the US their walking papers. As the MEE ends with “Current and former US officials who previously spoke with MEE were back-footed by the agreement” and that is not all, the off balance part is the smallest detail. You see with all the banking issues, losing billions in revenue will have larger consequences and a new stage. Players like Chengdu will now have a much larger audience in 2023/2024, implying that the Airforce stage that once was will be no more. Both the US and Russia needs to accept that China is now a major player with the buyers that can afford 5th generation fighter aircrafts and that list of people allowed to own one will drastically increase, setting a new problem for the US, the EU and Russia. In all this I personally believe that the die was cast in 2018, some disagree and they are welcome to disagree. Some offer good explanations for their point of view, I might not agree but that is irrelevant. The question for the us is “is the die cast?” There is no real answer coming. Experts that are scared for their income, scared to give anything but a ‘pro-American’ view is fine, until reality creeps in. The reality is that both the US and EU are too close to bankrupt to accept these losses as is. I have no idea what they will do and their own issue is internal as their internal ‘opponents’ are trying to poison the political well. All those people trying to get the deal going get to deal with people shouting anti Islam propaganda and the Middle East has (as I personally see it) had enough of that. Now that China is making headway, the options change and for the US (EU too) not for the better. 

Enjoy the day. 

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April 25, 2023 · 06:24

A story for the ages

That is the thought I woke up from (about 34.6 minutes ago). Most of us know the Age of reason, which is often phrased as ‘an intellectual and philosophical movement that dominated the world of ideas in Europe during the 17th to 19th centuries’ Is often linked to ‘The Age of Reason; Being an Investigation of True and Fabulous Theology’ a work by Thomas Paine. In this book he made deism appealing and accessible to the masses and it started something. Yet what followed wasn’t as nice as e think it was. We merely think of the age of industrialisation, but in 1993 I was captured by Kazuo Ishiguro’s Remains of the day, the movie (I never read the book). There Christopher Reeve tells us as Jack Lewis “Europe has become the arena of Realpolitik, the politics of reality. If you like, real politics. What you need is not gentlemen politicians, but real ones” it struck me how much the UK and the world seemingly had relied on Nepotism. As such the field of ‘granting an advantage, privilege, or position to relatives or close friends in an occupation or field’ changed into a new form of nepotism ‘granting an advantage, privilege, or position to a fellow alumni’s in an occupation or field’ it might certainly be better, but there is a danger there too. The people from the Wharton School of the University of Pennsylvania will obviously disagree with me,  but there is a correlation with certain schools and it is all ‘equalised’ with terms like ‘they think like we do’ approach. Yet all this goes further. As the 19th century passed, we saw the age of Politics evolve into the age of Wall Street. I think the clearest point was the Ghouta chemical attack in 2013 when we saw that on, or around June 13th 2013, the United States government publicly announced it had concluded that the Assad government had used limited amounts of chemical weapons on multiple occasions against rebel forces, killing 100 to 150 people. US officials stated that sarin was the agent used. Deputy National Security Advisor Ben Rhodes did not say whether this showed that Syria had crossed the “red line” established by President Obama in August 2012, which was interesting because when I went to primary school we heard that ANY use of chemical agents was a red line. The line was replaced to a new setting, as I personally saw it Syria had no economic value to Wall Street, this happened again when different lines were crossed in Yemen with Houthi terrorists, that nation had no value to Wall Street other than the revenue of war machines and as I personally saw it Wall Street was industrious in indirectly stopping actions. This was however not possible in the Ukraine and now there were two issues. The first is that Ukraine was too close to the EU and the power of the Euro (a currency Wall Street Neds to remain high, or on par with the dollar) as such a new setting evolved. 

The age of politics is over, we see Yemen, now Ukraine and the Sudan and in the latter two the Wagner group is overly active. So what will the next age be called? The age of war, the age of mercenaries? Your guess is as good as mine but there are too many pieces and events that show that the age of politics is over, what follows it is unknown. Perhaps the age of Islam? What we can see is that the Middle East is the only real economic power remaining. Unlike the US, it does not have a $30,000,000,000,000 debt, if anything it is making billions with Aramco, a grocery store valued at $2,000,000,000,000 making it almost on par with Apple. In the age of money talks and bullshit walks, the US has become the silent mute we now all point to, especially as it is driven by media that openly lies about election results. The media is so clear about what is true is not the same as what is truth, but in all this the simple setting is that the age of Wall Street is over,  the USA is no longer a superpower. That age is gone and we are unsure what follows, there is every chance that this new age has China firmly at the helm with Saudi Arabia and OPEC at its side. Where does Russia fall? Well their open lies on all media and the fact that the second largest military force is unable to deal with the 21st largest army (Ukraine) implies that they are soon imploding all over the place and the inhumane and apparently acceptable claims by the Wagner group, I do not think that Russia will be tolerated much longer, not by the old power players or by the ones replacing them. We now hear “Evgeny Prigozhin stated that Russian mercenaries will no longer take Ukrainian defenders captive, instead opting to “kill all on the battlefield,”” a setting which was set in the Geneva Convention relative to the Treatment of Prisoners of War in article 13. If we see the Geneva convention as one of the great achievements in politics we now see that the inaction by all others imply that the age of politics is over, it is dead, and it’s rotting cadaver remains in the street. Another piece of evidence that the age of politics is over, because if that was not the case EVERY newspaper and their websites would be all over this screaming outrage, but that is not the case, most of them are talking about Tucker Carlson. That is how bad it has become.

Try to enjoy Tuesday whilst still alive.

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