Tag Archives: China

The snooze that does not wake

It started some time ago, but the recollection that The Conversation gave me was enough. I saw the message around 05:00, as such I needed some time to recollect the information. But we get to that in a moment. The Conversation (at https://theconversation.com/as-longterm-partnership-with-us-fades-saudi-arabia-seeks-to-diversify-its-diplomacy-and-recent-deals-with-china-iran-and-russia-fit-this-strategy-202211) gives us ‘Saudi Arabia seeks to diversify its diplomacy – and recent deals with China, Iran and Russia fit this strategy’ It sounds simple enough, but it is not. You see, the story gives more than one quote that is important. I prefer to focus on “Riyadh and other Gulf capitals as leaders began to question U.S. credibility as a reliable regional partner” that was the gemstone not the only one, but this one matters. You see, you cannot deny allies the needs they have and then make demands from them as an ally. Like cheap oil. Saudi Arabia wanted to grow its national defence systems and America said, well,  one part said yes and then congress said no, America said no. So now we take a small trip. A trip to ‘The Persian Gulf match’ (at https://lawlordtobe.com/2019/06/06/the-persian-gulf-match/) which I wrote on the 6th of June 2019, almost 4 years ago. There I wrote “The actions of the American US Congress have shown that what they regard as being an ally is not what an ally is; it is not even what a wannabe ally would consider to be. As such apart from your advancement in technology and infrastructure a much larger foundation for your national defence is seemingly essential in the immediate future. The shown delays that the European Union have shown to be regarding Iran, Turkey and terrorist organisations like Hezbollah give rise to the essential need of China to become part of that solution.” It was part of a concept letter addressed to the Saudi Royal family. I wrote this almost 4 years ago and now we see this coming to fruition. Saudi Arabia is on the verge of buying a renewal of military goods from China, not the EU and not the US, setting their coffers back close to 20 billion. And now the stakes are increasing.

This is seen when Reuters informs us that Saudi Arabia is agreeing to build a new petrochemical refinery in China. The stage is that the two refineries will be able to process over 500,000 barrels a day. The fine print is not known, but I am willing to make a serious bet that China will soon get its hands on 500,000 barrels a day extra and I feel certain that this will come off the allotted amount for the EU and the US. I warned several times of this danger between 2019 and 2023, look it up, it is done in clear print (at www.lawlordtobe.com). I did not see the refineries in that mix, but for some strange reason Crown Prince Mohammed bin Salman Al Saud will not tell me what goes on in the Kingdom of Saudi Arabia, what a surprise. But the larger stage is now taking shape. First the defence industry, then other enhancements and now the reduction of oil towards the west. That was the danger stage we all faced since 2019, and US congress and other Americans wanted to play egomaniac, they were the strength of the world. Guess what, you need money to pull that off and America only has debts, which now is about $30,000,000,000,000 and there is no way back. That stopped a year ago when America forfeited billions in revenue and that list is merely increasing. Now that China has a firm grip on opportunities all over the Middle East their goal is merely increasing. And I tried to warn people of this, I tried to warn the UK to step in or lose it all and as the Typhoon didn’t make the Saudi choice, I reckon they are missing out too.

The setting is “U.S. credibility as a reliable regional partner” that is what President Biden needs to resolve and he needs to resolve it now, any opposition from Congress and the problem merely grows and accelerates. That was what I saw in 2019, that is what is happening now. A stage clearly foreseen and ignored by the US windbags. To be honest I had hoped to serve Saudi Arabia in some capacity and optionally score 3.75% commission, which does not seem much, but over a billion it is still $37 million and if the work is for more than a billion, that bonus merely increases and assures me of a nice retirement parachute. 

So how long until that refinery is build? How long until we get hit by the small print that well over 500,000 barrels of oil a day will go to China? I honestly do not know, but I reckon that this news gets heralded when the refinery is around 95% complete. The timeline? I cannot tell, can you?

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A nice surprise

It started early this morning, the BBC (at https://www.bbc.co.uk/news/business-65057809) gives me ‘Jack Dorsey business target of Hindenburg report’, so someone is finally asking questions of this person? With the byline “Tech billionaire Jack Dorsey is facing scrutiny, after a report accuses the payments company he leads of inflating user numbers and catering to criminals” one part some people noticed that about Twitter, which is why Elon Musk paid well over twice the price and no one in the media was willing to ask questions. I know nothing about the payment company, as such I have no view. The catering to criminals is new, not sure where I stand on it. As such when I see “Block, which former Twitter boss Mr Dorsey co-founded in 2009 and leads as chief executive, said it was exploring legal action against Hindenburg for the “factually inaccurate and misleading report”.” I stopped my response as I did not want to give more ammunition to Jack Dorsey, but the statement ‘factually inaccurate’ requires investigation and data. So as we are given “Now worth more than $30bn (£24.4bn), it was renamed Block in 2021, to reflect another, fast growing side of its business: Cash App, a payments app that was the focus of Hindenburg’s report.” No one seemingly reacts and that is fine, these places happen. Yet the setting is that it grew by well close to 1,000% over the period of less than 8 years. That implies a 125% year on year growth, that is a bit much and the accusation seemingly makes sense. And the criminals (or organised crime) would see the benefit of a cash app. There would be all kinds of benefits for them. This does not make Jack Dorsey guilty, but after the Twitter debacle it makes sense that a deeper look is given to this event. I reckon that I would be able to find a few more items if I had access to all that data, but that is the second stage. Not merely the data, the income streams would be invaluable for a player like China (or Russia for that matter). So as the BBC gives us “While conducting its research, Hindenburg claimed it had easily created obviously fake Cash App accounts in the names of Donald Trump and Elon Musk and made public records requests, which allegedly showed that Cash App was used to facilitate millions in fraudulent pandemic relief payments from the government.” Which leads to “that reflected “key lapses” in compliance processes” and there is one of the elements I warned for for well over two years. The BBC calls (or quotes) key lapses, but I see another fintech app lacking checks, balances and the ability to vet the correctness of information. And the added ““Former employees described how Cash App suppressed internal concerns and ignored user pleas for help as criminal activity and fraud ran rampant on its platform,” Hindenburg said. “This appeared to be an effort to grow Cash App’s user base by strategically disregarding Anti Money Laundering (AML) rules”” merely gives rise to my thoughts. And the world seems to be stagnant to act to any FinTech when needed. Yes, we see it at the BBC now, but how many more will look into this? How many media will give Jack Dorsey another free pass? I cannot tell at present, but over the last 11 hours the media did not go nuts over this, yet jokes like the ICIJ with their Pandora papers, their Pickwick papers and their cups of tea are seemingly in the dark on too much of this. So whilst some will wonder why Charles Dickens comes into play. Consider “A great hokey-cokey of eccentrics, conmen, phony politicians, amorous widows and wily, witty servants, somehow catching an essence of what it is to be English, celebrating companionship, generosity, good nature, in the figure of Samuel Pickwick, Esq, one of the great embodiments in literature of benevolence.” Now consider that view whilst I edit that part into “A view of FinTech solutions, conmen, phony media, and, silly exploiters, somehow catching an essence of what it is to be a wannabe, celebrating greed, need, and exploiters, in the figure of an unknown person at present, one of the worst instigations of hardship creators” it took less than a minute to get to that part of the equation and the crumbles of the media pie were all over the table for well over a year. So it is good to see the BBC make mention of this, but I wonder who will follow and will there be a real investigation? And I have to make one alteration, the Australian Financial Review got there about an hour ago, so they were on the ball. Yet who else was? Not that many for sure. 

This situation is still fluidic and I will take more looks, because I think I owe people like Elon Musk to take a larger look into this person, merely for the reason that the media refused to do so and that ain’t right. So will Jack Dorsey join the flock containing people like Elisabeth Holmes and Sam Bankman-Fried? I do not know, that is for a court to decide, at present it is an accusation. But in this the BBC has for the most been a righteous party, so for now they are getting the benefit of the doubt and the fact that the AFR is supporting that view is not a bad thing either. Perhaps the twist and dance of Jack Dorsey is in its last stage Time will tell. 

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Two sides to anything

Yes, there are two sides to anything, there is their side and there is your side, then some say the third side is the truth, but that tends to boil over to both other sides. What matters is what we need to believe and in this day and age this is getting harder and harder.

The issue is the CBC article ‘U.S. ran secret probe into China’s operations in Canada, new book alleges’ (at https://www.cbc.ca/news/world/us-dragon-lord-probe-book-1.6783063) here we get to two issues. The first is not if it is true, we can merely assume that this is the case. The issue is that this is an event that started 30 years ago. So was there no aftermath, was there an investigation, and were protocols upgraded? We are given “The book says the project, code-named Operation Dragon Lord, led to an unnerving takeaway: that Beijing’s activities in Canada represented a security threat to the United States”, now we do get that Americans are good at tall tales and not just when phishing, it happens with a rod and with other equipment too, but if there was a real threat this threat wasn’t just for the USA, it would have impacted the Commonwealth via Canada and Canada as well, so where is the follow up? But then we get the most damning of all quotes. With “Canada was aware of these threats for 25 years and has allowed them to manifest” we see Scott McGregor, a former RCMP intelligence official give out the lash in no insignificant way. There is the thought that politicians are merely late to the party, but that would be wrong. Something set this off and there are a few scenarios that come to mind. If someone told me that MY country was being used to spy on the US and my name was David Vigneault, the first question in my mind is not what are they spying on, but ‘What are they spying on here?’ And that is the larger stage, from that statement we get to the implied thought that Canada has been overrun by sleeper agents and deep cover installations that have been creating a cover for decades. So how many Chinese people came to Canada since then? I do not know the answer and out of 100 perhaps 1 is the fishy one, but these people have been able to apply a cover for decades, good luck finding them now.

Then we get “The five-page memo says the American probe examined this alleged alliance of convenience between Beijing and criminal groups” merely 5 pages? The fact that there was a memo is not the setting, the mention that it was 5 pages is a concern, 5 pages over 6 agencies implies (not proves) a minor work that is little more than a homework exercise. I cannot tell how much of a danger China is, and with the wok seemingly done on it, neither can you.

The BS document by the UN on Khashoggi was at least 106 pages, as such they hid their BS in ink, China wasn’t given that courtesy with the 5 pages the semi-interested parties took. Weird eh?

Lets be clear, we spy on them, they spy on us. That has been a given fact for a very long time, as such I am not overly bothered, but the idea that a local intelligence agency is dragging its feet for decades is concerning, not merely because of China spying, but who else has been spying on us and we merely shrugged? Now we see more and more Russian actions all over the place and we see very little action against these people and now we do have a problem and that problem is likely to be seen all over the Commonwealth. I have no delusions that they are alone in this, they are likely the first one to be found dragging their feet which is not good. So what happens next? I reckon that is known when the CSIS reports to parliament this Monday, and that is the earliest when we learn what will be next.

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Confirmation and standards

That is what I was confronted with over the last 5 hours. I got a message a little before that and we will talk about it. I mentioned it in my previous article. It connects to more, but that is not important right now. What set me off was the article (at https://www.arabnews.com/node/2268696/saudi-arabia) where we are given ‘Saudi energy minister: Kingdom will not sell oil to any country that imposes a price cap’. In this I agree, even if it hurts me badly. You see the US has been crying on expensive oil, but the price is set as well by Brent oil, an American firm. One that has the BIGGEST production of oil on the planet.

So when we are given “Spare capacity and global emergency stocks are the ultimate safety net for the oil market in face of potential shocks. I have repeatedly warned that global demand growth will outpace current global spare capacity, while emergency reserves are at a historic low.” I have no other thought but to agree. This has been going on for the better part of 2 decades. No one was complaining when oil was $40, but the setting differs. The US will not buy from Russia (which makes sense) and neither is Venezuela an option. The Arab nations are united in getting the best deal FOR THEM, which is done on a global scale in many commodities, but oil is not the US point of trade, it is THEIR anchor, yet no one looks at Brent oil and what it does, weird, isn’t it? We have seen the massive need to drop dependency on oil and in 2 decades nothing was done. The blame is all on governments for not acting, then 5 years ago an optional sidestep could be made, but the US government pissed of Elon Musk, whilst giving a free ride to that previous Twitter owner, that Dorsey thingamajig. But the Media on a global level REFUSED to ask him the hard questions. And now that it is too late, now that we see that a battery change was required 3-4 years ago, the Governments (especially America) start crying like little bitches. 

When a well can pump 10 cups of water an hour, and there are at any given moment 25 people needing water, some will go thirsty and that setting has been clearly there for over 2 decades. Why was nothing done? So when I see “NOPEC refers to a No Oil Producing and Exporting Cartels bill, proposed US legislation that could leave members of OPEC+ open to prosecution under American antitrust laws. The bill, which has been periodically proposed for several years, was revived this month by a bipartisan group of senators in Washington amid ongoing concern about high energy prices.” And here the thought “Are you insane?” pops up. In the first why is Brent Oil not mentioned? And it is so easily fixed. Saudi Arabia (Aramco) could deliver 20% less oil to the US and Europe and sell that to China, everyone happy, or not? It is not a concern for high energy prices, it is the bloody mess of inaction which can be clearly shown for well over a decade and when there was a solution, you pissed off the industrial that could have aided you. So how is that for stupidity?

The second reel
The second reel is different, it is not connected to oil, but optionally to stupidity (as I personally see it). I have seen now confirmation on two of the branches that this will work and due to a few changes, there would be a growing need for the third branch as well. For me it could be good, and could is the operative word as Google was asleep at the wheel and let it pass and Amazon doesn’t seen to be waking up to the billions they can get in this. At present my hope lies with Kingdom Holdings and one other party. That one might not give me the full price, but it is better than nothing, in addition, keeping Microsoft away from there is prime concern, they can only screw up the IP, blame others, point fingers and then refer to miscommunications. I can do without that. There is a small option that Apple might pick it up, but it is not really their turf, so I feel uncertain about that thought. So it is in some regard inverted from oil. Oil everyone wants, and seemingly my IP no one wants. I reckon that the first one that buys it and see what they stand to gain, at that point everyone will come calling, like a Credit Suisse banker with an empty wallet, but that is my weird sense of humour.

The idea that I am right is nice, but I have seen enough confirmations in several directions to know I am right, but that is just me. I still check all forms of verifications, not merely to proof that I am right, but to confirm I was never wrong. That too matters, because I am where banks and oil consumers needed to be, in a place of checks and balances, something both parties require very very fast.

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Oh boy, there was more

It all started 4 days ago when I wrote ‘I honestly don’t get it’. I comprehended the stage just fine, it is the lack of comprehension of greed, what people will do to fill their own pockets at the expense of everything and everyone. You see Basel III was published in 2010 after the first meltdown, it was extended to 2015 with extensions going as far as January 2023. So 13 years and the whining bitches (aka banks) still will not learn. SVB is merely one example and the actions by congress made perfect sense. Now we have Credit Suisse and the setting changes.

It now needs (and apparently just received) 45 billion to be ‘secured’. This is a little more than the national budget of Qatar which is 53rd on a list of national budgets with 228 nations with on last place Wallis and Futuna. To give you a better picture, it is twice the amount Oman has for its citizens, they are in 68th position. They need THAT MUCH money. The issue is that big and do not talk to me about journalists or those clowns at the ICIJ. They are all about their Pandora papers and what a joke they are. 

You see, I stated in the first article the Common Equity Tier 1 (CET1) and now we see the BBC give us (at https://www.bbc.co.uk/news/business-64964881) giving us “After Credit Suisse shares plunged on Wednesday, a major investor – the Saudi National Bank – said it would not inject further funds into the Swiss lender”, it matters and I will get back to this. In the mean time The Guardian gives us “The bank had been forced to delay the publication of its annual report last week after a last-minute call from the US Securities and Exchange Commission relating to what Credit Suisse described as the “technical assessment” of revisions to cashflow statements going back to 2019. The bank said those discussions had now been concluded” I believe it is more, I personally believe that was why Yellen got involved in day one. I think the SVB and others have too many bonds and they are not ready to mature yet and with interest up these things are making banks bleed money and they are bleeding a lot. You see, there is an estimated total of TWENTY THREE THOUSAND BILLION DOLLARS in US government bonds floating around and I reckon the SVB and Credit Suisse are now in levels of pain, they had too many of those. As such the outstanding part, not merely these two represent $23,000,000,000,000 and no one can cover it they are all stretched beyond thin. This is what I expect is happening and I warned for this as early as 2016, there is a point of no return and the banks are way past that. Putting your IP in the USA is about to become one of the most expensive jokes tech firms have faced in well over half a century.

Could I be wrong?
Yes, that is the case, but that can be tested quite easily. You see, if you make a tally of where all these US government bonds were and you set that tally in a mineable solution especially with pre 2016 and past 2016 when Dodd-Frank got cancelled you will learn a few things and this is what I saw on day one, but weirdly enough the media is not going there (neither is the ICIJ), so you get to wonder why.

Oil in the family
now we get back to the Saudi National Bank. In this I agree with Saudi Energy Minister Prince Abdulaziz bin Salman. Oil is a commodity, there is no cap, if you need oil more and more, you are working from the wrong business plan and if that relies on exceeding your budget by over 30 trillion dollars you get what’s coming to you. In addition I would add the Republican Party making small talk stating that they need to pull away from Ukraine, I lose the little sympathy I had left for them. The US has slammed Saudi Arabia again and again, in some cases with the assistance of a United Nations essay writer. There is only so much people will take. They had the option to help Saudi Arabia create a nations defence strategy, they bailed out and now China is there. They made fake promises and most were not kept and now we see banks asking Saudi Arabia (in Oliver Twist style) can we have some more please? 

As such we see event after event and now that things are on the rails, the train has speed and they just ran out of rails. This is early and before I expected it, but I never considered the impact of Russia being stupid and attacking the Ukraine, it merely escalated things. 

America has two options, does it become part of China or part of Russia. It seems that the Republicans want to be part of Russia, the rest I do not know, but we are now in the process of the final financial act. And my evidence? Investigate the CET1 setting of EVERY bank (especially the two in trouble) and then look at where the bonds are and how many of these bonds are/were with the SVB and Credit Suisse. I have no doubt they both have too many. Then consider Basel III and see how many banks hold up at that point. They were warned for 13 years, so let them rot, let them collapse and let the investors and share holders take the fall and live life in minimum wage. 

And in all this, too many of the media are all about flaming and not doing too much about it, merely pushing towards bailouts. That time has gone as I personally see it. 

All whilst the Australian Financial Review gives us a mere 45 minutes ago “The failure of Silicon Valley Bank has exposed fresh divisions on Capitol Hill over banking reform, as US lawmakers from both parties trade blame for the lenders’ collapse and squabble over future legislation to shore up the financial system” squabble on something that was shown 13 years ago. Still think I am wrong? 

Enjoy the money you have, there might be a lot less soon enough.

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On the subject of failure

Yes, it is a subject that we all face and no one (including me) is happy about it. We all face it in one form or another. I saw an event that could play out later this year, somewhere optionally between July and September and I was not happy on how I showed myself. How I responded, no matter how honest I was, at that moment, I saw something I never felt happy about, but no matter how valid the response was, it does not mean that I am happy that I responded in that way. It was not about finding another way to say it, it merely went on about something that does not matter now. It applies to some degree to what this is about, because it made me check news sources and in this I decided on the article (at https://www.cbsnews.com/news/cia-director-bill-burns-china-russia-lethal-aid/). The CBS News article gives us ‘CIA confirms possibility of Chinese lethal aid to Russia’ and when I read it, I saw something different, it was not related to the earlier part, but it changed the way I looked at that news. We are given “In an exclusive interview with CBS News, CIA Director Bill Burns confirmed the possibility that China may send lethal aid to Russia in its war against Ukraine. “We’re confident that the Chinese leadership is considering the provision of lethal equipment,” Burns told “Face the Nation” moderator Margaret Brennan on Friday.” We are also given “I think the Chinese are also trying to weigh the consequences of, you know, what the concerns we’ve expressed are, you know, about providing lethal equipment”, this comes from CIA Director William Burn and that is fine. I am not debating that part, but when you consider what is behind it, it is a different stage. You see Russia is close the broke on a few levels and the only way that Russia can pay for this (as China would prefer it) is via massively reduced oil. Oil China needs and Russia cannot sell it to their former largest buyers. Yet behind all this is more. The logistics of the Russian armed forces are a mess. Their soldiers are ineffective, their hardware is failing on many levels and their supply systems are (from my point of view) broken in many ways. Russia has a problem. It needs drones, it needs missiles and it needs hardware that soldiers can use, Russia is falling short on several fronts and it is losing against the 21st largest army in the world. We all have seen Ukrainian achievement reports in several languages on several sources and they seemingly align. Russia could mobilise its armies, but the hardware issues remain and that could push the Russian armed forces in a direction it does not want to go, not in this stage. To give some slight reference. Russia lost more people in this war in one year than the UK and France combined lost in WW2 over the entirety of the war. In one year lost more soldiers than the UK and France lost over the entire world war, they are doing THAT bad. So now they need upgrades in hardware and that is what Russia is seemingly angling for. But I reckon that China is only considering a limited list and the payments are due in oil and upfront. Which would give them millions of barrels in extra oil, oil they need and I reckon they will get it for an apple and an egg. 

But when you think this through we could optionally deduce a lot more. You see that oil can then not be used to heat Russian houses, fuel power and fuel mobility. In addition it would be a first direct proof that the Russian Army has no place to go, or at least not operational. If it was merely missiles the issue would be small (except for the Ukraine), I am speculating that it is about a lot more, even if we accept that Russia is sending troops with 40 year old ammunition. 

The fact that they cannot do this with a renewed offensive is up on the wall and now we see how deployment and supply lines are on the front issues. If they cannot get supplies they will need to acquire them and China is nearly the only option and that is merely the beginning of the issue. Thee news has shown enough issues with soldiers personal gear and debatable mobile hardware (tanks and other things requiring wheels). This is not the stage of some new tanks, this is about the refurbished T-72 tanks that are almost 50 years old, implying that whatever anti tank comes their way will slice through their armour like a hot knife through butter and that is if the refurbishments were properly done, which in light of several issues is now a matter for debate. If Russia stages this war with its regular armies (if they can find them) Those armies will be ill equipped and ill prepared. A lesson France learned in 1812 the hard way and now Russia gets to learn that very same lesson. But is it all true? I am speculating, but I believe that I am in a stage of presumption because I do know how in parts this field is set. And the lesson is not over, not for the Russians and not for me either. Because there are many debates on what was real, I need to wonder how reliable the information I have is. I believe that I made enough sidesteps to alternate sources of information so that I believe that I am on the right track, but that too is not properly vetted information, so there could be gaps. Yet overall the news is still valid. If Russia needs China it means that they were never ready for any real combat and they were never prepared with the hardware they had, or they wouldn’t need China’s hardware. It could be a Russian ploy, but I do not think so, if that was the case the CIA would have come with a very different presentation, of that I am very certain.

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Narrative

We all heard it, we all see it. There is a narrative, it is supplied by stakeholders and it does not matter whether it is an academic, a greed hoarder or what should be regarded as a traitor. It does not matter whether this was for Russia or for China. The narrative has overwhelmed their senses and others took that time to make a rather large consideration, all whilst we are pushed into the  narrative of greed driven players.  We saw the noise that people like Mike Burgess made and that illuminated the second tier of problems Australia has, the UK and other commonwealth nations have taken notice. But because the people who were supposed to do their jobs did not, other things were missed. Things that seem irrelevant, trivial, yet they are not. You see, I alerted readers to a few issues over the last 3-5 years. They weren’t simple settings and for the longest time I had no idea there was a much larger plan. There still is debate whether the larger plan is merely conspiracy theory and those claiming that it is would not be opposed too strongly. So whilst we see one thing happen, the clever tactician will see that there are a lot more elements happening. Almost like individual cogs that are one cog separated from one another. As cogs are united with missing cogs, we see a much larger machine in play, but it is one without identity.

Last May we were give via Arab news “Etihad Etisalat Co., known as Mobily, has signed an initial agreement with Telecom Egypt to build the first submarine cable system to directly connect Saudi Arabia to Egypt.” This is nothing new, this happens all the time, but there are a whole range of arrangements that Egypt has been making with Saudi Arabia. Saudi Arabia is where the money is. I myself have offered at least one IP to both the Saudi government and Kingdom Holdings, as such these steps make sense, but there is more. You see Egypt with its 100 million Muslims also lead to Turkey and Greece, extending one cable is relatively simple and that gives Saudi Arabia a first handhold into the EU and its optional hundreds of millions of customers. That is the setting and the impact is ignored. The stakeholders were not paying attention and their ignorance is what some were banking on. Is it ignorance? I make one claim, but neither can be supported. The larger stage (also why I offered one IP part to Saudi Arabia) is that Saudi Arabia is about to become the largest 5G player in the middle East, together with whomever in India becomes the power player, they will optionally unite with China and now we have a much larger ballgame, the EU becomes trivialised in 5G, no matter what games and what unsupported accusations the EU unite against. Huawei had the larger game in mind and now we see optional unison between Egypt, Saudi Arabia and Indonesia and they link to China. Half a billion people and that is before Bangla Desh joins the equation, now as others join the Saudi 5G circle the EU will have a new stage, one where they are the smaller player and the telecom companies have no idea how to proceed, the narrative overwhelmed their senses and they weren’t watching what entered the corner of the room.

Is it real or is it fake. You merely have to seek out the articles I wrote and how they were ignored by others. Before the end of 2024 Saudi Arabia is in the market to be the largest 5G supplier in the Middle East with options all over Europe. Saudi Arabia and Huawei got it there and the claims and accusations will not hold up. Is it the media? I cannot say for certain because the stakeholders did their job well, too well. Yet I noticed the line all over the Middle East and Africa and most of you could have too, but that is on you. So when you consider “The GCC region is expected to have 62 million 5G mobile subscribers by 2026 and they will account for nearly 73 percent of all mobile subscriptions in the region, according to a report released last year by the Swedish company Ericsson” which was given to us 3 months after the intent of the submarine cables. The Gulf Cooperation Council (GCC) countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE) are merely one part. The 100 million people in Egypt as well as the the 200 million in Indonesia are seemingly ignored. I reckon that the 62 million mark will be surpassed before the end of 2024 and when we suddenly hear alarm bells, it will be because the stakeholders will look beyond their greed, but it will already be too late. There was a larger stage and there was a larger plan, the plan goes a lot further than what I can see, but that is because I am not in the loop. I took notice as it benefitted MY IP and as such I saw that 1+1+1 made 4 (one for me), as such I took notice and I adjusted my IP accordingly. Now we have a setting that is close to advancement. Where it ends I do not know, but it is clear that Saudi Arabia had a much larger plan for their needs and they are getting closer to fulfilling it. And the US games did not matter, China was there to fill up the space and now the US with no options left are about to be trivialised by their own narrative makers. That is merely how I see it, but I let you consider the narrative for yourself, make up your own mind.

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The new rulings

This is change of scenery. This is not about who is in charge, even as we did set that stage, but the stage where we prefer to live. You see, the US is soon becoming a dangerous place to live, as its infrastructures are collapsing, as its debt is over-towering to such an extent that within three years the interest on that debt alone is close to 50% of all collected taxes. A stage that was visible for decades, but no one wanted to overhaul tax systems and now the rule of debt is due and the US has no solution (other than sell of its IP) and now we get a new stage, the stage we admired through the 50’s and 60’s and the US is no longer the main player. 

The new stage is seen (at https://www.middleeastmonitor.com/20230219-muslims-react-to-plans-for-new-kabaa-development-in-saudi-capital/) where we are given ‘Muslims react to plans for ‘new Kaaba’ development in Saudi capital’ and lets be clear, this is nothing to sneer at. This has NEVER been done before.

We are given “On Thursday, Crown Prince Mohammed bin Salman (MbS) announced the launch of the New Murabba Development Company, which aims to develop “the world’ largest modern downtown in Riyadh”. The project will see the redevelopment of Riyadh’s historic Al-Murabba (“The Square”) neighbourhood, which was said to be named after a square-shaped well from which the area derived its name.” And that is merely the beginning. The building will be 400 by 400 by 400 metres making it one of the largest ever build (if we ignore the line). The second building which is taking the architectonical cake. More important what happens when a building of THAT size is covered in solar paint? It could make it the first building to be carbon negative in history. There are so many other settings that need consideration, but the overbearing case is not merely what Saudi Arabia is achieving, it will soon be about how the US (and the EU) have not been able to do anything near it for over a decade and they will not be able to do something anywhere near it for decades to come. The trendsetters achieve, the rest merely watches the options go by and with the debts the US and EU are in that is what it amounts to, they are watching options pass by. 

There is a lot more to this, but that is for another day. No matter how we slice it, Saudi Arabia is now on the architectonical forefront of the world for pretty much the timespan of 2020-2050, that is the consequence of debt driven nations. We tried to all tell you, but you did not want to listen, so now the most major achievements over the next decade will be held in Saudi Arabia, now if we could do something about Iran’s nuclear hunger that would be nice too. I already submitted my idea for Iranian nuclear meltdown solutions, but that is not up to me to do, I might give it to Israel as well, just for jollies.

But the deeper truth is not that Saudi Achieving all this, it will soon become on how Iran will react and make no mistake, it is equally important. As Saudi Arabia rises, Iran falls deeper into economic holes and there is no way that their nuclear options are set to friendly needs, you do not need uranium to pure needs that Iran is making them, that level of purity is only needed for war, so when will someone wake up to that issue? Or is the US awake and they wait for the first bomb (either in Israel or on Saudi Soil) to explode before they put their foot down? No matter how you slice that, it will be much too late for that. As I see it, when that become clear the Saudi government can cut their oil deliveries to the EU and US and sell it all to China. That part was clear, was it not? Saudi Arabia is waking up to the project the US (and EU) dreamt of half a century ago and now Saudi Arabia is making them a reality showing the world that we have been watching the wrong channels for too long a time. Did you realise that?

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The stage between two stages

Sounds weird and perhaps that is a little true. You see, I saw the article (at https://www.bbc.com/news/business-64178956) ‘Staff must be free to work for employer’s rivals – US regulator’, the article was from January 5th and I did see it, but I was unsure how I felt. You see, that setting allows for poaching and there Microsoft has been a little too active in the past. Now they are in the process of trimming the fat by well over 10,000 people and so are the others, so you would think that this is a moot process. But it is not. Microsoft is pretty much done for and their setting (a personal view) is to create shortages everywhere else so that they can get an extension on life. So we would see hundreds of essential workers at Amazon and Google now being offered a nice cushy position in Microsoft. IBM is also on that list, but IBM and Microsoft have too much alike, so there will be issues. They both preferred image above creativity and that is on them, it is also their right. As I personally see it IBM has a setting and poaching might happen, but it is often directly in league of what they are trying to design, so there is less of an issue and their stage of representation does not feel the same. I have less of an issue with IBM on that horse (which is seemingly rare), Microsoft however has a different setting. Just like their acquisition of Bethesda and Activision. It is not that they needed them (well they did in one way), it was to take away choice from Sony players and that is just not on with me. It would be nice if Amazon bought my IP, so I can really stick it to Microsoft, but that is another matter. The case is poaching. 

As such the article gives us “The FTC, which enforces competition law, said a ban would foster a more dynamic economy. The proposal was immediately challenged by the business community. It will now enter a long rule-making process. Non-compete clauses were developed to prevent leavers from joining rivals and sharing trade secrets”, it is not untrue, but to have people trained by Google, or Amazon (Web services) leave after a year (or two) of training and then use all that know how in the service of a player like Microsoft is a dangerous step. I understand and to some degree support non-compete clauses. The problem is that some of the players abused that non-compete setting in a much wider scale that should have been allowed for. So I am on the fence here and there is another stage that the US now opens up for. These people can due to this change now join a player like Tencent, who can open up European markets to a much larger degree. I wonder if they thought of that? Yes, we see the US limiting their workforce from joining Chinese players. Yet the EU has different stages and there these players are still shedding thousands of people and the UK is ripe for Tencent to come in and create a new workforce. If they weren’t becoming a hazard to my pension, I would not care, but they could be and as such I would care.

You see, I have in part opposition to “Lina Khan, who leads the agency and made her name criticising the might of big tech firms such as Amazon, on Thursday called the ability to switch jobs “core to economic liberty and to a competitive, thriving economy”. “Noncompetes block workers from freely switching jobs, depriving them of higher wages and better working conditions, and depriving businesses of a talent pool that they need to build and expand”, in this my opposition is that we see the clear mention of Amazon, and the weirdly avoidance of mentioning Microsoft (or Google) in this and that matters. Amazon has one of the most complete Web Services solutions including cloud solutions. Both Google and massively more Microsoft need people with these skills. I am not sure where Apple is with that but they all have some return to office setting and the noises we hear all over the place, they all have extensive needs soon enough, but Linda Khan is mentioned with her opposition of Amazon, who is leading that trump with most than a nose-length advantage. A player like Microsoft wants to get ahead and getting their hands on senior developers at Amazon is for them the way to go (Azure sucks too much according to some). 

As such with these elements in play, the need for a diminished non-competition clause is not entirely wrong, but the timing sucks and would luck have it, the timing would work for Microsoft and Tencent alike, a setting I am actually not happy about. Yet, I will admit that parts of this are personal views and personal settings I saw evolve over the last 30 years. And that is not all, in the last week we were given two parts. The first is “Microsoft last week laid off around 150 employees from a team tasked with convincing medium-size companies to adopt cloud services such as Azure server rentals and Microsoft 365 productivity apps, said a person with direct knowledge of the matter”, which in part makes sense, but when you add the next view that came 2 days later “Microsoft has officially joined the FinOps Foundation, a non-profit organisation that promotes financial management in cloud technology.” Consider that they need to promote that with 150 less staff, does that make sense? It makes a lot more sense when you poach the Amazon AWS staff pool and replace 150 narrow minded watchers by people with a much wider cloud view. It is pure speculation on my side, but they did a similar track in the Netscape days, as such I worry and you should too. A choice by a lack of options is not a choice and that is where Microsoft has been playing the field a little too long as I see it, which is why I am on the fence a lot more on the non-compete clause as I personally see it.

You should watch too because when your choices are lowered and Microsoft is clearly in the ‘surviving’ pool of choices. We see the power of stakeholders and they were never there for you, merely for their own wallets. But I might be seeing it too dark as some will respond.

My view is merely one view, make sure you learn all the elements in play when you go one direction. Its almost like the life of Harry the Hermit (Harry Styles), he makes an album of his house and the 13th track is about the love of his life (Remy “Thirteen” Hadley, M.D) which makes sense, but when you make 12 songs about your house and one about Olivia Wilde (mucho LOL), you do have your priorities wrong. It is all about the glasses you wear when you see the events unfold. This is nearly always true as is my view on Microsoft. They wanted to be the IBM clone, they played there games and they played it on Netscape and others alike and those who have been in IT long enough see the bitter taste that Microsoft leaves behind and that is before you add the Microsoft failures, they have become obsolete and in this I much rather support Amazon and what they could bring to the table of tomorrow than Microsoft who is merely copying the plate settings of yesterday. Yet that is a personal view, believe me or not but make sure you get a good view on where you stand, that is worth a lot more than merely following me. I want you all to be your own leader, not my follower. I am not some shepherd, I never was.

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Simple History

It all started with a tweet I saw a few hours ago, it was tweeted 14 hours ago. See the image below, Elon Musk gives a response that sounds nice, but he is more clued in on finance, so he was every bit as aware as I am, this is going south really fast now. 

This jugged my memory and I had to search the system (and my memory) for this. It was an article I wrote in May 6th 2020, well over 2 and a half years ago called ‘New World Order’ (at https://lawlordtobe.com/2020/05/06/new-world-order/) where I wrote “Even at 1%, the US will have to hand over $25,000,000,000 in interest, and there the setting is stage, or better yet the stage is set. The BBC reported that “The government has also extended the annual 15 April deadline for tax payments adding to the cash crunch” it is the final downfall acts through a consumer based economy and we will all feel that crunch as the US governing table will now mandatory include a representative of the banks, not some ‘political commission’, no a stage where the banks set the stage of what is allowed to be done.” I was overly optimistic, the tweet gives rise that the interest is a whopping $853 billion, a lot more than I guessed at, over 25% of the entire budget to merely pay interest, no debt reduction, to do that about a third of the budget needs to go there and the impact will finally be visible 15-35 years from now. As I also gave you then “No matter how we see it, the US has no stage to pay for the interest on $25,000,000,000,000. Their economy will not allow for that, so what will drain first, their pension plans, or will they pay out of the unemployment funds? The banks will get their pound of flesh and they do not care how the US brings the numbers, as long as they bring them, when this new bill comes across, the numbers are reached and the needs of the banks can no longer be ignored. Aneconomy by commission driven people, the almost ultimate nightmare towards an economy you do not want to consider.” And now we are there, the USA is inches away of a debt interest of a trillion dollars. Do you still think I was an idiot trying to sell my IP to Saudi Arabia? They are about the only player that has any money left and some there would think my $50,000,000 is mere lunch money for them. The US has no funds left and over the next few years as infrastructure buckles over the lack of repairs and upgrades. The US played the wrong cards all whilst they had very little options to begin with and now it starts to hurt them. 850 billion is a large interest ticket, too large. And it could have been prevented so as the US is now drawing close to sell whatever IP they have to stay afloat, others will own what the US should never have surrendered and as I see it my (still unsuccessful) choice to sell my IP to Saudi Arabia or the Kingdom Holding Company seems to have been the better idea (would be nice for them to buy it) and soon there is every chance that Saudi Arabia will have no problems holding defence options. The US might have to sell their airforce IP to reduce debt by 2-3 trillion dollars. A choice they would have never considered in the past might soon become their only way out and with that sell they would keep revenue away from China as well, so there is more than one reason to do whatever they will decide on. 

A stage I saw coming in May 2020, so how much media was on board? Interesting that they remained silent on serious matters. As such we will see what will come next, but to be honest I left clues in m articles over the last 2 years and when it happens showing you when I saw it coming whilst some media will give you some exclusive news, you just wonder how exclusive it actually was. The US went from superpower to close to a third world power in less than a quarter of a century. Presentation is all fine, but if you have nothing to show for it, it becomes a slideshow no one cares about and that is what I expect will happen a lot sooner than even I expected it to happen.

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