Tag Archives: debt

We stand on guard for thee

This is a special edition, this is for my Canadian fans (there are a few). And there are a few items that concerns them. First off, we have a little funny go at their prime minister Justin Trudeau (for form sake). I see the too much negative stories about him.

I do wonder about that at times, but others have their right to a view too. In this side there are two images. And yes, I do have a reason, you see the home-front is part of him, he married Sophie Grégoire Trudeau, a lady of 27 springs, which is fine, but why does he insist on looking 10 years younger than her? All men know that looking younger than your wife will be our downfall in a few ways, so as I thought he had gained insight during the pandemic, we suddenly started to see him with a posh beard (a beard loaded with silver), so we thought someone whispered a few facts of life to him, but no, recently he has gone beardless again and I reckon there will be a fallout in Maison Trudeau soon enough, but that is enough about him. 

You see, Canada will be in a tough situation soon enough, I reckon in 4-6 weeks hell comes calling. And when we realise that Canada got through the pandemic a lot better than plenty of others. The NY Times reported that 1,639,169 had the disease, less than 28,000 died from the disease making them 26th on the mortality list. With 72% fully vaccinated and 78% at least one shot they are in a good place, the US has only 56% fully vaccinated and 65% with one doze. 

The Canadian setting is a lot better than many European nations and it comes to 0.7% of American casualties of a permanent nature. Canada has reason to be proud and it happened when Trudeau was at the helm. Here I distinguish ‘was at the helm’ versus ‘was steering the nation’, that difference requires me to know a lot more and I do not.

But the pandemic is merely one side, the larger problem will be the US, when the debt ceiling is reached the impact will be seen in many ways. Not merely in the stage of the debt, larger changes, dangerous changes are at foot. The IP Watchdogs might trivialise it with ‘Leahy Bill to ‘Restore the AIA’ is Too Unbalanced to Pass’ yet, I am not convinced. The senator from Vermont has a collection of powerful companies backing him, optionally merely to protect their own needs. A source gives us “Bernie Sanders supported some parts of the bill but had misgivings over the “no strings attached” emergency appropriations available to the semiconductor industry”, it is a fair call and both sides have merits, but the larger station is now, when the US decides to use ‘nationalised’ patents and IP to bank the second credit card, the US will give a larger chunk of the battle field to China and South Korea, who have a massive IP setting. That stage and the debt default gives rise to the dangers. Millions of Americans will choose larger taxation and safety over US exploitation, in the we end up seeing Canada in the same predicament that the US had with Mexico and there is no Rio Grande between the US and Canada, there are the Niagara Falls, but apparently you can cross it in a barrel. I wouldn’t know. The larger station for Canada is now 4-6 weeks away and it sets a awkward stage. How dangerous is this? It is not merely the US, there are plenty of people in the EU and Australia that see more options in Canada and the Pandemic is pushing for brain drains all over the field. One might argue that we have seen this before. In the era 400AD – 600AD change hit Europe “The Great Migration took place in the waning days of the Western Roman Empire. Hunted by the advancing Huns and lured by the riches of the politically weakened Western Roman Empire, from the fourth century onwards several mainly Germanic tribes invaded Western Roman territory.” We now see something similar as the US is crumbling as the powerhouse the once were and then pretended to be a bit longer. I do not think it is the blame of President Biden, the six presidents preceding them did close to nothing to stem the debt and as it is now surpassing $25,000,000,000,000 (25 trillion), all whilst we see arms deals cancelled, fiasco’s in naval and airforce construction, fiasco’s that wasted well over 10% of the entire US education spending, two projects the waste was THAT much and the people will see the numbers and realise that staying in the US is going to get less and less healthy, as such the problem for Canada, they will get a massive influx of people hoping that they might find happiness there. I would like to state that the Commonwealth nations stands with them, but to be honest, I have no idea where the G20 Commonwealth politicians from Australia, UK, South Africa and India stand. They are too much about enabling America and too little about holding them too account and I fear it might cost Canada at some point. What happens then? 

I honestly do not know.

Yet we need to return to the Prime Minister. We see several online settings of anti-Trudeau. One seen in the Conversation is “Accusations that Trudeau has betrayed Canada was a common theme as we began studying grassroots Facebook pages in 2019, another election year. We found no Trudeau meme pages celebrating the leader. Instead, we watched anti-Trudeau pages describe him as a traitor who deserved to be treated with contempt.” It seems to be that there is a flock of Trudeau trolls and the CSIS (Canadian Security Intelligence Service) as well as the RCMP will need to look into this sooner rather than later, because trolls are like rats, they will leave the sinking ship at the second sign of trouble and they will become a Canadian problem soon thereafter. This gets us to one source (a debatable one) called the Hill Times. We see there (at https://www.hilltimes.com/2021/09/30/canzuk-time-is-canada-ready/319763) ‘CANZUK time, is Canada ready?’, there we see “Canada has a chance to be a major player in CANZUK to usher in a more politically stable and mutually beneficial version of a modern Commonwealth”, in this weirdly enough it is Canada and New Zealand that are the stable making elements, the other two are deep in the American pockets and that is about to backfire largely. This is not about submarines, it is not about local settings it is about them siding with the US against Chinese matters all whilst there is a failing level of evidence. No, China is not innocent, but it all got tainted through the Huawei stage and China (understandably) took offence. There is no way that China can absolve too many events, but some they can and the US in a failing IP grip, a failing debt grip and a failing power grip is trying whatever they can to seem important. New Zealand has been steering clear and Canada needs to make up what to do, they do have the US (aka South Canada) on their border so it is not an easy decision, yet should all talks in the US fail and the debt ceiling becomes cemented, the people harmed by it will desperately seek a way out and north is the one move that makes perfect sense to many American.

Canada, we stand on guard for thee, yet the clarion call can, and should only be made by Canada, we cannot do it for them.

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On the way to a destination

It was yesterday that I came up with the Vatican game, a way to expose the truth and let it be seen to everyone who wishes to know. It was a stage where I got to design original gaming IP. I have original 5G IP, but the games (TESVII, Watchdogs IV), they are all based on IP others made. I came up with other gaming IP, but the Vatican view is 100% my IP (as a game that is). It is also intoxicating to design original IP. Originality is the food of life, in originality we trust, the rest can fake it until they make it.

Yet the intoxicating side is there, it will always be there and everyone creating or designing original pieces can concur. Yet in the light of the PS5, we can see that the intoxicating part tends to take over, especially as I spend $3 on a MAC game, only to be haunted by the bugs. Then I got a dose of irritating steam, I set up that in ONLY want to see MAC games, but I get every PC game in sight, can people not design anything without massive flaws? Oh and Apple is not off the hook, but I will tell you about that soon enough. I think back to the ideas of ME:A(1,2), Mass Effect Andromeda, both parts 1 and 2, in a very different coat, but that is not what is driving me today. Neither is it the new Mario 3D bundle out in 8.4 hours (when the shops open), no now is about the idea that is moving in my mind, left right centre, up and down. It was an idea I had written about before, a game that is based in Amsterdam, in about 500 years when the population is zero. It is set to people with two life cycles, a normalised on and a biological one. The biological one has no needs, nature preserves it in every way, the normalised one, needs tools, needs technology and it needs sustenance. Yet the two cycles are opposing one another and what heals one, will kill the other. I got the idea watching Aftermath: Population Zero, in this series we see scripted AI showing us what buildings will look like after 300 years and no population to maintain anything. This got me to thinking, what if we set that to a city (Amsterdam) and we deploy it parameters? It sets the stage where every game will be different, more importantly your neighbour playing the same game will get to face a different Amsterdam. That was the premise, so not only do yo get to seek for technology, it will be in a different place, optionally in a different building, in another street. It sets a different stage to survival. Yet this is merely one facet, the other facet is to adapt to a new stage, a stage where the plants that sustained you become poisonous. That too is part of the game and Amsterdam with all its canals will be about plants and water plants. So there I was considering the drive, curiosity can be a drive, but it is not powerful enough. Yet in all this there is a stage, and in that stage does technology drive us, or do we drive technology? 

It is important, but for different reasons. With ‘Dubai may be as indebted as South Africa if dissenters are right’ (at https://www.aljazeera.com/ajimpact/dubai-indebted-south-africa-dissenters-200917095907711.html) we see the stage we need to see. Even as we accept “Moody’s Investors Service and S&P Global Ratings include Dubai’s local bank borrowings to make the calculation, arriving at an estimate of about 290 billion dirhams ($79 billion). The debt burden could equal 77% of this year’s gross domestic product, according to S&P, comparable with what the International Monetary Fund predicts for South Africa and just behind Oman”, consider that the UAE has a population that is less than 10 million, about the size of Sweden, yet the debt is half of that of Sweden and here is the kicker, nearly every nation on the planet has crushing debts, so who has the actual funds that allow for these debts to continue? In a stage where we are polarised against nature, we need to see that embracing nature might be the only option left. Should you doubt the and of course, you can, consider the debts out there and consider that we are handing the debts to the next generation. In all this, IP is the only way for some to keep the next generation afloat. My version of Amsterdam was more spot on than even I realised. And if patent are the next currency, or at least the grounds for basic wealth, I am sitting decently pretty, but is that enough? I reckon that the next generation will see a very different stage of life, one that is not set on what is, and what they are entitles to, but what they can conquer, what they can overcome ad nature is a bitch when it comes to adversity. There is no denying that we are in a state of change, but our governments have gone the way of the dodo and the ostrich. They merely latch onto the largest payday possible and they cloth for bad weather, but that time has come and gone, it is no longer on what we can overcome, it is about what we can survive. You see, the owners of the debts could decide t cash in, and where does that leave us? Some even set the stage by claiming that there is good debt versus bad debt, yet in the end, all debt is bad and we need to catch on. As I see it this is the first generation that is worse off then the previous generations, in addition to that, we have created a life of legalised slave labour, legalised discrimination and legalised inequality. I wonder if we realised that when we were young, did we realise that this was a stage that we were signing up for? We might want to blame covid, but that would be wrong, perhaps it drove it to the surface, but the weak spots were already there. Even as CNBC gives us ‘What Would It Mean If U.S. States Went Bankrupt?’, yet it is too late, the US is already there, with the $25,000,000,000,000 debt, we need to accept that the annual interest would be no less than $150,000,000,000. This implies an amount that taxation is not getting, in addition to that, there are the spiralling costs of keeping the US alive (infrastructure) and it is not the only nation facing this, Japan is also on that scale and the EU is almost there, but they are all in denial that this is so, they are all setting the stage that they will overcome this, so how is that? Covid-19 brought it to the surface a lot faster, but we were already there and those who want to survive, will need to change to a patent grounded economy, which means that China has a decent advantage, so does the US and Japan less so, the EU is pretty much toast. In this everyone is in denial. You see the US amounted to $3.5 trillion collected taxation, but that is before the funding of the US started. When we take this into account, we see that the US was already $900 billion short, and that is before the $150 billion interest hits them and they are not alone, it is not merely an American flaw. Japan and the EU are on the same horse, not as big, but still a massively large horse of deficit. So when this collapses (when, not if) we see that the economic value of any nation will be the patents that they hold and as such, I personally feel that I am sitting pretty and with two new IP concepts created this week alone, I wonder where I will go next, I heard that the pastries in Monte Carlo are super yummy! (Piers Morgan told us that much) and bless his heart, I do like my pastries, so where we end up being, it will be in a very different economy soon enough, how soon? Well that depends on the powerbroker holding onto this failed horse, they like to stay ahead of the debt curve, surfing that wave for as long as they can before the wave crashes, it will drown a massive group of fin-tech people, but those who survive will come to worship the nations with patents, and as the new economy comes up, will you understand that you are merely driving these exploiters, or will you demand a fair system? Because that demand went so well the last time around. 

No matter what destination you go to, the currency you currently have will no longer have value, it is a harsh reality, but it is the one we all signed up for and the only one that the powerbroker accept, they have too much invested in the idea that their arrogance is the only one that ever mattered. 

 

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Let it (or them) die!

Harsh words that are befitting a slightly harsher world than we bargained for. Yesterday I had one of those ridiculous epiphany. In my view I saw some news regarding ICE and how it is so addictive and how it is costing healthcare 500 million. There is news all over the place in both the UK and Australia regarding the abuse of both drugs and alcohol. We seem to go out of our way to reward and support stupid people. Now when it comes to simple things like consumer protection it is one thing. A person can be misinformed and a person can be misled, for this we have consumer protection to give them additional protection. I have no issue with that, when a consumer loses out on a misrepresented or misled purchase, there should be protection. For the most, many shops will exchange and usually even refund. Yet at some point in this day and age, we need to make changes, we need to adjust. It is not by choice, it is out of necessity. You see, choices were made and politicians will need to be held to account. We need to show to all around us that going soft on corporations and going too soft on the people at large can no longer be supported. You see, it is the price you pay for making a choice.

What if we change the law? As per January 1st 2017 certain medical options fall away from adults. You see, from that date, what if we stop paying for treatment of drugs and alcohol abuse. A person can only get treatment if they pay fully and pay upfront. Without that, there will be no treatment and the drugs and drunk tanks are reintroduced. You see, as stated, we no longer have an option. How can we accept that our governments push us deeper and deeper into debt, unable to keep a proper balance whilst at the same time give more and more breaks for corporations to skim from the top and become more and more non tax accountable! Until we get the law properly to properly adjust certain parts in taxation, accountability and prosecution we no longer have an option. We stop to support certain acts of stupidity. If they die? Let them!

I see images of thousands of refugees, genuinely wanting a future for them and their family, not an extremist thought in sight, just to start a life and create a future for their children. How can we stop these people and keep on supporting junkies? At 7.35 billion mankind is not going extinct any day soon, so why bother with outrageous forms of support for someone so stupid to make such mistakes again and again. In my cruel view, let them die! Let the first 100 be a clear sign to people that drugs kill, there is no next, there is no after again and again. I truly believe that it will push the use of drugs down, when more and more people are confronted that someone they directly know, who had died from drug or alcohol abuse, these elements will soon diminish to a much lower amount. It will never go away, but it will go down to such an extent that people will seriously consider not taking drugs. You see, the drugs pusher will always come with the ‘once will not hurt‘, ‘once is fine, we all do it!‘ He/she lies to you! I and many of my friends never took drugs. And let’s look at the additional benefits this solution will bring. Hospital costs go down, healthcare support goes up, less pressure on support systems and as these people relishing freedom of choice die, their places open up to you me and the refugee. All those who want a real life, a new life or a better life.

This is about more than just booze and drugs. On January 23rd 2015 I wrote ‘The danger topic‘ (at https://lawlordtobe.com/2015/01/23/the-danger-topic/), here we see the issue I raised almost a year ago. We see “At The Bruegal Institute in Brussels is not the only think-tank to believe the estimated €250bn cost of a Grexit, while covered by the bailout funds, would cripple the Eurozone and delay recovery for a decade we now see that the ECB is about to spend 1.1 trillion for bonds. When we see “The Frankfurt-based bank will use electronically created money to buy the bonds of Eurozone governments – quantitative easing – to try to boost confidence, push up inflation and drive down the value of the single currency, helping to increase exports and kick-start growth”“, yes the Italian Draghi had an idea to kick-start the economy. Now we see ‘ECB Day: markets tumble as Draghi disappoints investors‘ (at http://www.theguardian.com/business/live/2015/dec/03/ecb-stimulus-qe-negative-rates-mario-draghi-live#block-566070ebe4b073bf0735b3be). “But they may have a point. As Draghi pointed out – the Eurozone economy is growing, credit conditions are improving. QE is working, and they’ll keep doing it. Why bring out a bigger punchbowl?” and “The wave of selling rippled from Frankfurt and Paris to Madrid and Milan, as traders expressed disappointment that the ECB hadn’t expanded its QE programme, or hit the banks with tougher negative interest rates“. This is the problem for us. You see, investors expected more, they always expect more, which is why it would not work. In addition, their push could result in more spending and less and less control on that spending. I foresaw it almost a year ago, but as people ignored me and listened to these good weather forecasters on how the economy would grow, are now confronted with more and more bad news management. How the economy grew between 0.3% and 0.4%, so when we look at http://ec.europa.eu/economy_finance/eu/forecasts/2015_winter_forecast_en.htm, and we see a forecast that is written like “Growth this year is forecast to rise to 1.7% for the EU as a whole and to 1.3% for the euro area. In 2016, economic activity should grow by 2.1% and 1.9% respectively“, that 0.3% does not come close, and still these governments are living the gravy train, spending more and more and leaving the invoice for a next government who will borrow even more to deal with invoiced that cannot be dealt with. So how about taking away certain support. How about letting the people see in the street how the future is warped because the symbiotic relationship between nations and large corporations are no longer correctly honoured. Letting the system collapse is one option, letting the people die, so that those nurses can focus on nursing to true health, NHS systems on a global scale will have less and less costs and we can actually move forward.

We can no longer afford to be nice. If you doubt that, thank consider the title ‘Investors got ECB odds wrong but Draghi could pay hefty price‘ (at http://www.theguardian.com/business/nils-pratley-on-finance/2015/dec/03/investors-got-ecb-odds-wrong-but-draghi-could-pay-hefty-price), when we read “It’s hard to know who is most to blame: Mario Draghi, for leading investors up the garden path; or investors, for believing that the European Central Bank president’s talk of doing “what we must” equated to a firm promise of a bigger dose of quantitative easing“, in what way ‘bigger dose‘? We can’t even take care of the current dose and the investors want more and more and more. So, we need to think differently. When we get rid of a surplus population, more jobs, more rental places, less costs, which means lower debt options. The investors will go ‘Baahhhhh, humbug!‘, but only because greed is eternal and they require that extra cash.

When we start hitting governments a dollar for dollar (or pound for pound) option, the game will change and we will see additional false promises on how the economy will get sooo much better in 2017. I say, well, when those tax dollars come in, we can consider paying for certain treatments, only when those dollars (or pounds) are actually COLLECTED.

You know, I can already predict the answer, it will be some accounting stunt that allows for ‘spare change‘. If PriceWaterhouse Coopers comes with that option, you should ask how that worked out for Tesco, both them and the press will remains massively silent on either matter. So, we must change the game, as the players have changed the format of the game. We can’t change the players, but we can limit their actions, hence dropping services.

How inhumane is it? In equal measure I ask, how inhumane is it to leave a multi trillion debt to our children? Is Greece not a clear example, they will never escape the debt that previous governments left them, they will go through life blaming those not responsible, whilst not prosecuting those responsible, what kind of a future is that? At http://www.ibtimes.co.uk/greece-debt-crisis-athens-narrowly-passes-2016-austerity-budget-1532011 we see the title ‘Greece debt crisis: Athens narrowly passes 2016 austerity budget‘, you might think that this is good news, but so far all additional debts have been used to pay bills and pay for interest, Greece is not moving forward, which means that 5.7 billion in spending cuts is required, with one third of that as cuts towards the pensions, so the 10,000 not so poor Greeks are leaving, whilst leaving the rest to pay for an invoice no one in Greece can afford, it is not that far a thought that 2016/2017 will be the years when Greek youth, man and women will marry out of Greece so that they can have a future, reducing the future of Greece even further. Public debt will grow the coming year by another 8% towards 188% whilst unemployment will remain at 25%, so how is that any future? Statistica reported that the advantage of marrying a foreigner received 42% of the women and 33% of the men stating that ‘better education and social stability of the children‘ was received, only 2% for both gender relied on same religion, which could be a massive blow to Orthodox Greece. Whether this comes to pass is not possible to predict, but as options diminish, other solutions will be sought by those hardest hit, so is my leap of not caring for a collection of idiots that cannot accept responsibility such a massive leap? The Sydney Morning Herald reported in June (at http://www.smh.com.au/nsw/newtown-gets-busy-as-kings-cross-empties-20150619-ghseco.html): “According to NSW Bureau of Crime Statistics and Research numbers analysed by Fairfax Media, in the 10 months from April 2013 to Jan 2014 there were 86 instances of alcohol-related attacks in Newtown. From February 2014 to the end of November there were 102 attacks, an increase of 18 per cent.  From January to March 2015 there were 34 assaults, compared to 27 in the same period the previous year“, so will the drunk tank be a solution? That remains to be seen, but I feel certain that the first hospital invoice to be paid upfront will definitely have an impact. As people get to pay $300 for alcohol treatment it will not go to bars, if they cannot pay, the drunk tank will be the route to take. How long until someone figures out that this lifestyle gets them killed? How about changing the lifestyle of binge drinking that has absolutely no positive impact other than a fake instilment of Ego?

We have tried all these soft labour solutions and none, I repeat none have worked. It is time that we employ different solutions.

I will be the first one to admit that it is as inhumane as it gets, but people are for the most massively stupid, especially when they are in groups, so as such less intelligent solutions must be considered. Perhaps it will work, perhaps not, but can we truly ignore the option? The cost for alcohol related abuse was $14.352b in 2010 (Australia, at http://www.aic.gov.au/publications/current%20series/tandi/441-460/tandi454.html), yet, can an alternative be found? Yes, there is one other solution, how about on June 30th all Australian residents receive an additional tax invoice of $625. If over 80% pays it, we keep to the old system, if not we will try my option, dollar for dollar. If you are unwilling to pay one way, you get to pay another way. I reckon it will not take more than 3 months until 90% plus suddenly decides to pay that additional bill.

I prefer to let the debt die, not the people, but we are running out of options and those who should truly inform us are hiding behind experts who will treat us to carefully phrased denials, how is that leading to a solution? Yes, in this blog I phrased more questions than answers. I am pretty intelligent, yet a solution cannot be given until we make massive changes to the society we currently live in so that our children and our grandchildren will have any future. When you realise that we are getting to a point that it is proven, that making the life of a person negotiable is a lot less impossible than we ever thought, that will be the point that a push for massive legislative change is more likely than not to succeed, it is the one push big business cannot counter, some things can truly push a shadow over greed, we only have to be willing to push enough people into that shadow.

 

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