Tag Archives: economy

The most dangerous sin

That is a setting that was meant for a new RPG I was designing, perhaps reengineering was the better term, because it was based on something done before, but I use it here and now. Set on a stage that the CBC gave us with (at https://www.cbc.ca/news/world/trump-bombing-strikes-peace-president-9.7028340) where we see ‘Trump claims he’s the ‘president of peace’ — so why is he bombing so many overseas hotspots?’ We are given “U.S. President Donald Trump earned plaudits from war-weary Americans when he promised during his first campaign to stop dragging the country into conflicts overseas he framed as a waste of money and personnel.

But his latest foray into hotspots on other continents, including launching strikes in Africa on Christmas Day, has some supporters questioning whether he really meant it when he said he’s “not going to start wars.”” It is one way to look at it, and I wonder if the CBC can see what is going on. They were at the foot of that setting from the very beginning. So when we see “Trump has since started calling himself the “peace president,” boasting about his role in helping end, by his count, eight wars so far this year. “THE PRESIDENT OF PEACE: 8 wars ended in 8 months,” the State Department said in a recent social media post with a picture of a triumphant Trump. The U.S. Institute for Peace was renamed in Trump’s honour at the direction of his officials.” And I wonder if it is merely me not seeing the setting, perhaps I am at fault? But as I see it, I am not driven with pride, the most dangerous of all sins. It is my firm believe that Pride tends to be in a bully, he/she things that pride is beyond them and they will reject it when they stare in the mirror of self-reflection, Only the prideful will reject the reflection they see there, it makes it the most dangerous of sins as the view of pride is rejected by those who see it, easily rejected by them who claim that the 51st State is a beautiful part of them, the need that Greenland is merely for National security and that they are entitled to the oil of Venezuela as their oil. No other nation could ever make that claim, no other nations has (as far as I know). 

So as we are given ““If anything, this administration is very pro-conflict,” said Clionadh Raleigh, the president and CEO of Armed Conflict Location and Event Data (ACLED), an independent and impartial conflict monitor, in an interview with CBC News. The peace talk is all “PR,” Raleigh said.” And we tend to agree with that setting, were it not for the obvious setting which is rejected by all, including the CBC. The self reflection of greed is impeding poverty and America is full of it, greed that is. It is spending money it does not have, making economic claims it does not own and rejecting the balance of its bankbook it never looks at. So whilst we see “While he previously claimed to have “defeated ISIS,” the radical Islamic group that has terrorized people in the Middle East and around the world for more than a decade, Trump’s been busy hitting them with American firepower in the closing days of the year as they show signs of a revival. On Thursday, Trump launched airstrikes on what he called ISIS “terrorist scum” that he said had been brutalizing Christians in Nigeria.” I honestly do not know how the setting in Nigeria is, but I was taught (over half a century ago) that Nigeria has an abundance of natural resources, most notably crude oil and natural gas, which drive its economy, but also boasts abundant solid minerals like coal, limestone, tin, gold, iron ore, lead, zinc, and gypsum. So as I see it, the need of the greedy comes into play just as the American made a move for the wealth of the 51st State (sorry Canada) and its brown oil, its water and several other minerals like oil, natural gas, gold, nickel, diamonds, and hydroelectric power. So did no one figure out the delusional need of the greedy Americans? And as for Greenland they have an abundance of (in snow covered plaines ) of zinc, iron, copper, gold, uranium, and potential oil/gas. It was not a hard puzzle, so what stopped CBC for solving this oversimplified puzzle? And this all saves a puzzle we were given by Matthew Bartlett, a Republican strategist and first-term Trump appointee to the State Department, who said “Americans deserve answers on how much further the administration is willing to go, given its past promises to avoid war.” And the answer is childishly simple. Thy are not and they cannot. They are in debt too deep (approximately $38.38 trillion as of December 2025, aka $38,380,000,000,000) the interest on that (when set to some metrics) we see Debt-to-Income (DTI) Ratio (monthly payments vs. income, e.g., under 36% good for loans) or a Debt-to-GDP Ratio (national debt vs. economic output) as such America needs to come up with $13,816,800,000,000 every year and that is no longer possible and I warned of that almost a decade ago (when it was merely 25 trillion), I used a simpler setting, I used the 6.05% interest calculation which is now $2,321,990,000,000 and even that is near impossible. To get there America has to Annex Canada or Greenland or take possession of the Venezuelan oil reserves, or now the Nigerian oil reserves. America is about to set the markers that they can no longer pay their sinful ways (and they will blame the Democrats for it all). But the story is that All Americans had a hand in all this, only former president Bill Clinton is awarded a full pardon, because he was the last president to keep the books in green ink (or black, but green fits better).

That is the reality of all we see and it is purely economical the this is settled under and there is no other way to see this. I am happy to be wrong, but the CBC better come up with decent evidence. 

All other paths are now firmly rejected and the economists in the EU could see this a long time ago. I am pretty certain that Prime Minister Mark Carney has known this for a decade, back to the days when he was Marky Mark of the British Bank. So his economic plan was a golden one and it was the only option Canada had, to make a plan where America becomes irrelevant (thanks Jimmy Kimmel) and that is the whole enchilada (yes, the Mexicans are helping Canada too). 

A setting that is now strangling America and even as Japan made certain moves, they are not out of the woods yet, when America falls the Euro and the Yen will make massive dives, will they survive? I honestly don’t know. I am not an economist, so I am not qualified to give this answers. I merely give this one as it fits nearly all data points I have seen on numerous data sheets going back years, so I have had this for a while. Why doesn’t the CBC, BBC, and others have this? That is the question you should be asking, but I reckon that these instances they will take it under advisement and hide under their desks (a speculated hiding place).

Have a great day, for this who want to know what the definition of sex 2025 is, you have 6 days to find out. I know, I should be ashamed, but I am not. Have fun in the process of failing that setting as well.

Leave a comment

Filed under Finance, Law, Media, Military, Politics, Science

One turn deserves?

That is the intro to the question, or perhaps the conundrum given. It comes from the Caspian Post  (at https://caspianpost.com/opinion/saudi-arabia-vs-uae-is-riyadh-becoming-russia-s-new-gulf-partner), one I actually hadn’t heard before. Out is one an opinion piece, but the title reads ‘Saudi Arabia vs UAE: Is Riyadh Becoming Russia’s New Gulf Partner?’ It made me think for a short while. You see Saudi Arabia is increasingly intelligent, so I don’t think this is the real reason or the truth. But the setting is given. And with “But the geopolitical landscape has shifted. Sanctions, compliance pressures, and reputational risks have made working with Russian clients in the UAE more complicated. Not because the country has turned hostile, but because it must balance relations with the West. The environment for Russians remains attractive, yet clearly less frictionless than before. This naturally raises the question: if not only the UAE, then where next?” Then there are two settings that I have in the back of my mind. In the first there is Washington, there is an inkling of thinking that they have open the doors to a setting that might lead to destabilization, because with all other issues that America faces, the last thing they want is a more strong, more stable middle east and they might think that this setting loses cohesion when the Russians are given a jolt of ‘entertainment’ the second thing is that I wouldn’t accept that America might stoop that low, they would lose too much, too quick. So I wonder about it. As we are given “Saudi Arabia stands out as the most compelling answer. A large, wealthy, and rapidly reforming state, it is positioning itself as a future global hub. The Russia-Saudi dialogue has long been rooted in oil cooperation and OPEC+, where both sides rely on coordination rather than competition. Political communication between Moscow and Riyadh appears stable and pragmatic. The Saudi ambassador to Russia, Sami bin Mohammed Abdullah Alsadhan, recently said that “personal contacts between the leaders of our states form a solid foundation for cooperation,” and the facts support this. Putin visited Riyadh in 2007, 2019, and 2023, while King Salman made a historic trip to Moscow in 2017. Few foreign capitals have hosted such frequent top-level contact.” As well as “In October 2025, Saudia Airlines launched direct Riyadh-Moscow flights, followed by Flynas opening a Jeddah-Moscow route in December. Daily flights are expected in 2026, along with new routes from St. Petersburg and Sochi. The real turning point is the introduction of mutual visa-free travel for 90 days starting January 2026 – a clear signal encouraging tourism, business visits, and economic exchange. Riyadh expects over 200,000 Saudi tourists in Russia next year, with plans to reach 2 million annually by 2030. In 2024, the number of Saudi visitors to Russia already increased fivefold. Russian interest in the Kingdom is also growing.” But why? There are a few ideas and none are really that good. In the first there is the need for a new tourist destination, that much is clear. Russians are shunned almost everywhere in the EU, Commonwealth and America, as as such the UAE and Saudi Arabia stand out. So the question becomes what business visits? As I see it, Saudi Arabia has clearly defined needs, but does Russia hold the answers? Then there is the data. So what Saudi tourists are looking at Russia? It seems a simple answer, but there is no clear answer. If the answer is work in the Russian Petro Chemical industry, the answer might be fine, but if that links Saudi to the seller of Russian Crude the picture becomes a little distorted. Especially when Saudi Arabia does a reversed Brent Crude Oil loop, as such whilst Brent resells Saudi Oil, Saudi Arabia might be reselling Russian oil to India and a few others. It will bring money to the coffers of Russia whilst greasing the Saudi wheels of business opportunity. Is this correct, is this incorrect? It is pure speculation, but it fits a few patterns and that is what I am going with. America might bristle its nose in the direction of India buying Russian oil, but it will not do so easily as India buys Saudi oil. India is safe, Russia know nothing and Saudi Arabia sees a plain and simple business agreement. 

And whilst we ponder on “Russia exported 4.49 million tons of grain to the Kingdom that year; agricultural exports rose 24%. Shipments of beef, poultry, sunflower, and rapeseed oil increased significantly, with poultry exports up 1.8 times in early 2025. Total trade has surpassed $1 billion.

Yet compared to the scale of Saudi-US trade – $25.9 billion in 2024, with plans to reach $600 billion within four years – Russia’s presence remains modest. This does not make cooperation meaningless; rather, it underscores how early Russia is in this market. Potential exists, but realizing it will require a long-term strategy rather than episodic enthusiasm.” Personally I think that this shape has merit, it allows one player to offset its oil, whilst greasing the wheels of another and I think it is highly likely that this is done right under the eyes of America ad the EU, and after we are given ‘US lifts sanctions on Russia’s military suppliers: What’s behind decision’ a week ago where we learned that “The lifting of US sanctions against companies involved in supplying equipment to Russia’s military-industrial complex is most likely an element of limited encouragement”, whilst we also see ““There is a strong component in the negotiations between Kirill Dmitriev (the Kremlin’s special representative – ed.) and Steve Witkoff (the US president’s special envoy) and Jared Kushner (Donald Trump’s son-in-law – ed.) that relates either to the personal interests of these individuals or to their lobbying of certain interests,” the expert added.” These two pieces give a weird symmetry as business in conducted with the ‘blessing’ of America, most likely it comes at a price that is non-disclosed, but it gives Saudi Arabia a larger coin towards the setting, so there will be almost no mention on it in the media. And whilst some ‘defer’ to etiquette like “Saudi Arabia is not the UAE. It is more traditional, more conservative, and strictly follows Islamic norms. Alcohol is entirely prohibited. Dress codes matter. Social etiquette is not decorative – it is structural. Anyone entering this market must adapt or fail.

Business advisers already outline basic rules for Russians planning to work with Saudi partners: an intermediary is not necessary but extremely helpful; conversations traditionally begin with personal small talk before business; clothing should be modest; punctuality is expected even if partners may arrive late; negotiation teams should remain constant because Saudis trust people, not changing faces; women may participate in meetings but usually not as lead negotiators” but in all this there is a hidden opportunity hatch handed to Russia and whilst (as I see it) the west is seemingly ignoring all this, there is a new revenue stream going straight into the coffers of Riyadh, because business is important. Imagery is important and as I understand it, not much else.

So is this simply one good turn deserves antoerqh, or is this the 101 of Islamic business opportunity? I actually don’t know, it might be both or even neither and I ‘coincidentally’ saw a setting that does not exist. I don’t believe it is the latter part, but I am willing to go with that one too.

Have a great Boxing Day today, mine pretty much ended already with less than 6 hours to go. Time for some dinner. I reckon that today it will be rice with tuna, carrots and peas. So enjoy yours and make it a nice day today.

Leave a comment

Filed under Finance, Politics, Tourism

How broke am I?

I have wondered about that for a while and asked that very same question of that place. But some economist spoke that a nation cannot be broke (technically correct) and it reminded me of a 30 year old joke. A helicopter pilot was circling buildings in Chicago, to get his bearing, but he had no clue as the fog was too thick. So he mimed asking ‘Where am I?’ To people in a building. They wrote on a large sign ‘You are in a helicopter’ he thought for a moment, set his course and altitude and within 10 minutes he landed safely at the airport. The passengers asked how he did that and the pilot answered ‘The answer was technically correct but utterly useless, so I could only have been at the IBM Statistics building, from there on it was easy’ You think this is partially useless and you will be wrong, because we are diverting our attention to the BBC article (at https://www.bbc.com/news/articles/ckgmd132ge4o) and the losers of that comedy. The comedy starts with ‘New Trump envoy says he will serve to make Greenland part of US’ and it is almost hilarious, but the undertow of this comedy is not a farce, it is how desperate and broke America now is. So as we are given “Trump announced on Sunday that Jeff Landry, the Republican governor of Louisiana, would become the US’s special envoy to Greenland, a semi-autonomous part of the Kingdom of Denmark. Gov Landry said in a post on X it was an honour to serve in a “volunteer position to make Greenland a part of the US”.” So loser one is Jeff Landry, who served from 1987–1998 as a Sergeant, so he knows about illegal orders. So he goes to Greenland as an envoy, not with any diplomatic status, so President Trump can feign ignorance. And this might be the final straw as Greenland bounces Landry as an unwanted person the stage is decently set so that President Trump can invade Greenland to ‘avenge’ his former governor. 

And the question that I am getting is not the one you would expect “How broke is America?” You see after the folly of making Canada the 51st state (something that was doomed to fail) and now he is going after the Venezuelan oil calling it stolen from America. Weird, because Venezuela was never part of the USA. And now he goes after Greenland and now he get the EU and optionally Canada against him. He is after the riches of these places, minerals and expansion and it gives a rather bitter taste of alignments. The bitterness is that America might be so broke that this is their only option before they have to cancel debts they have. They cannot play this game any longer as I see it. And the wealth hidden on Greenland is all that is left to play. 

So, after he destroyed his alignments and destroying his tourism there is little left of the bankable economy of America. He stated that he didn’t need anything, but without Canadian energy settings and Canadian aluminum, America has a bitter future ahead and those enjoying this Christmas better make it count, because for Americans it is likely the last jolly Christmas they will have in close to a decade. The game is up, but there is one upside for President Trump. There is a likelihood that he drove the EU and Commonwealth straight in the arms of China

And they will reward him with the Fortnum and Mason Christmas Hamper. His final moment of eating like a King, because there will be nothing left after this mistake. His former allies see his for the enemy he has become and in a year he gave the land of the free and the home of the brave gain a reputation that is even worse than Russia has and I reckon that China owes him that hamper. America did more to advocate China’s supremacy than China could have even hoped of doing. 

And I get that the politicians (Republicans and Democrats) know the setting they are in and they are silent, because they have nothing better to offer, even if they ‘dethrone’ president Trump today, the damage is done. Tourism will be flat for close to a decade, trade is flat because no one will do business with America. Disney and Warner Brothers are evading to the UAE and Saudi Arabia to regain some of their options over the next 5-10 years. And as we see these parks evolve, we will see the American Theme parks drop down to nothing with almost no international tourists and as the prices keep on rising in these places, even Americans will be unable to afford to go there. Then there’s production, it is down over the entire field and whilst shortages increase in America, more and more will fall flat and as such America is done and when the first debt will not be followed up on, there will be a fire sale unlike any we have ever seen and that is fun, because these AI settings all training on data it has never show such events, so they are useless as some expected them to be. So where is Stargate? Where is the AI stuff? It is somewhere out there, but as it is not making revenue until 2029, it will be too late for America, but the EU will buy it all for $0.01 of the dollar because it will be the best America is hoping to get and as such the Commonwealth will let America hang as well. So as Russian tourism evolved to the number one spot in America, the wall on the Rio Grande will get a new function, not to stop traffic from south to north, but to stop Americans going south and that might be rash and I might be correct, but as I see it the Economy in Mexico will be better than the Americans economy is and it will take less than three years to get there. So the question how broke is America is one that needs contemplation because the actions of the American administration leaves no other question out there. 

And last there is the flag of Greenland, so where are the stars and stripes there? Greenland has been part of the Danish sovereignty since 1814, it is only recent that it got American interests because they need to minerals and they are seemingly willing to kill to get them and it might be the least defended one (compared to Canada and Venezuela) but Greenland is part of the EU through Denmark and those 27 states are now seeing America as the enemy it is and that might be a much tougher pill for America to swallow.

So have a great day and for the 56,836 it will be a great day, they recently learned that they have almost 500,000,000 friends who are roaring to have their backs and that is beside the allies they might get as those allies get to stick it to America.

Leave a comment

Filed under Finance, Media, Politics

When politicians become delusional

That is what I saw two days ago when the BBC gave us (at https://www.bbc.com/news/articles/cq8dq47j5y8o) ‘South Africa hits back after Trump says US won’t invite it for G20 next year’ the article gives us the setting “South Africa’s President Cyril Ramaphosa has described as “regrettable” the announcement by US President Donald Trump that South Africa would not be invited to take part in next year’s G20 summit in Florida. In a social media post, Trump said South Africa had refused to hand over the G20 presidency to a US embassy representative at last week’s summit in Johannesburg.” As well as “Ramaphosa said in a statement that the US had been expected to participate in the G20 meetings, “but unfortunately, it elected not to attend the G20 Leaders Summit in Johannesburg out of its own volition”. He however noted that some US businesses and civil society entities were present. He said that since the US delegation was not there, “instruments of the G20 Presidency were duly handed over to a US Embassy official at the Headquarters of South Africa’s Department of International Relations and Cooperation”.” There is as I personally see as I see it a second reason. Is the reason perhaps that America is in such a disastrous financial situation that he felt compelled to evade the G20? He can approach the entire setting to the press with ‘Quiet piggy’ settings, but the 15 strongest economies can not be answered in that same manners. There he has to answer and his department of War and the house of missing coins can’t shield him from that. This year Canada took home the beef, the champagne and the bacon. Next year? That is something he is unwilling to face at present. He needs to be reinsured that all the trillions that are changing between hands over 7 companies will do him good and at present the setting of Stargate is currently set at a economic windfall of minus 500 billion and that was not what he advertised a year ago and it is merely one of several failures. And at present these 7 big bloated companies are at best bringing in 3% of what is required (an inaccurate presumption) but that setting is what he is looking at and at present there is no upside to the numbers of 2027 and 2028. 

The image above was shown in LinkedIn, I never thought of it this way, where we see “The entire U.S. economy right now is seven companies sending one trillion back and forth to each other” that is how it could be seen (credit of image unknown) but is that GDP revenue? I reckon that some might validly disagree and that is before you consider what OpenAI is costing America and Microsoft (at 3% revenue it isn’t really an asset is it?)

And beyond that tourism is falling flat, and America is representing itself to be nothing more than a third world country, the president of the United States is likely to be marginally better than South Africa or Argentina, making it 17th place at best. The GDP setting in December 2024 (which was 29185) will be seen as a jolly time, by next year America is likely (a clear speculation) to be less than 13913 making it a little more fortunate than India which manages this at 5 times the population. Would you gathers in that crowd after you proclaimed year after year that America was doing so well? The defense industry is losing revenue, tourism is down massively and that Oxford Economics report stating that it is costing America $50 billion, which is 400% worse than the numbers we see thrown in the media. Then jobs are down and as I see it retail is massively down. in addition we see Aluminum smelters are down, only 4 in 24 are operating. They cannot deal with the unsustainable operating cost and that list goes on. So what happens when soda cans become an issue? American dream states are set to operate a soda can, opening it and drinking it (in the Miami sun), so I reckon that 2026 will bring its own entertainment to behold and at present , I reckon that President Trump is merely showing up to do some photo moments, so who will be ‘advocating’ how well America is doing?

I reckon it sucks to be the the man in charge at the Federal Reserve. And only 8 hours we were given “Federal Reserve has managed to push up bank reserves for 4 weeks now, but they’re running out of tools in the toolbox and will soon have to resume asset purchases, euphemistically called “QE” for quantitative easing, i.e., money printing:” (source: E.J. Antoni, Ph.D.) so as we accept that Jerome Powell is (for now) the Chair of the Federal Reserve of the United States. I cannot recall that America has given any voice to the effects (or benefits) of Quantitive Easing. So is it real? What is Jerome Powell up to? It is a fair question as President Trump doesn’t really understand economics, optionally even less than me. As I see it, he filed for bankruptcy 6 times, the last time was due to the 2008 mess, so if people argue 5 times I would accept that. As I see it, he needed to make Jerome Powell his best friend and seek his assistance in avoiding the setting America is facing these days. And my smirking sense of humor (an evil one) is wondering if America can even afford hosting the 2026 G20 summit. As I see it (and I might definitely be wrong) is that America is using South Africa to get the 2026 setting taken away from them. As I see it, Canada or the EU is a much better place in 2026. There might be a reason to hope for Canada, as he will see it as a reason to make the speculative statement that he is leaving the G20 to his 51st state (making Canadians angry to say the least). 

But as I see it, I actually don’t know. And I reckon that most DML systems cannot either as this setting has never taken place before, the American economy is in an mess and not a good one.

This is what you call the perfect setting to be hosting the G20 in 2026, apparently in Miami, so order your sodas in advance. 

Is there more bad news, is countered by me with ‘Does there need to be?’ A setting that is voiced by many. As I see it, the GDP in 2023 The gross domestic product (GDP) for the Los Angeles metro area was approximately $1.30 trillion in 2023, now we know that Los Angeles had dreadful fires, but the current situation isn’t helping and what will California report in revenue for 2024 and 2025? We will know some of these numbers in December, giving a lot more visibility to the hardship America is facing and there is no hiding from those numbers (playing them will be worse). America is stopping to be a great place to be and as I see it, there aren’t too many countries lining up to be their friend at present. Trump squashed that route of healing too.

Have a great day, I am almost late for breakfast.

Leave a comment

Filed under Finance, IT, Media, Politics

Amalgamation anyone?

Several settings came across my eyes. First there is the big hit that Prime Minister Carney made in the UAE, some say it comes down to a $3 trillion dollar investment, which is great for Canada. I reckon the northern pipeline that makes America obsolete in this instance has something to do with it. Then there was the rating of 2.3 (out of 5) that Epic Universe scored and I thought that was weird, but the personal ratings with over 250 giving it a 1 rating does not lie, but there was a person who looked into this and made a solid case. The person Andrew Platt gave a good rundown, which made me wonder how Epic Universe was designed. Who was the so called ‘manager of bad times’ The rundown (at https://www.youtube.com/watch?v=Y4wgErXyV14) should be watched by anyone who want to go there. And he looked at stuff I never would have, because (until President Trump took over) I was on that bulk of people wanting to see that place. So at this time, it will be another persons problem and there will be lots of finger pointing into this mess, considering that when the weather is bad, 60% is unavailable is a rather large setting. As such Abu Dhabi and their Warner Brothers theme park upcoming will have a great time adjusting for the thousands of Europeans, Canadians and even Americans. It is the consequence of bad management and a few other matters. But these issues keep on coming. Ill be honest, I never considered these factors, but Universal management should have seen the coming before they poured in 7 billion dollars. The idea of a few hundred million to put it under a roof doesn’t seem to ridiculous now, does it? News dot com dot au gave us in April ‘$13 billion Universal Epic Universe theme park is the biggest, most expensive theme park ever’, as such I never considered what Andrew Platt reported on. So check out his video before you book an expensive hotel in Orlando. 

Then ABC News gave us a mere 5 hours ago ‘‘Buying the dip has become a dangerous sport’ as nervous global share markets dive’ (at https://www.abc.net.au/news/2025-11-21/tech-bubble-asx-nasdaq-dow-jones-sell-off-japanese-bonds/106036078) this gives us “Markets are nervous because more than $US2 trillion ($3.1 trillion) was wiped off Wall Street last night in a matter of hours. Where did the money go? Some went to Japan. Indeed, enough money took flight for some to ask whether the multi-trillion-dollar US tech bubble has now popped.” In addition we see “Bitcoin moved further into bear market territory overnight, plunging a further 5 per cent to under $US88,000 ($136,000) — down roughly 28 per cent from its all-time high.

IG market analyst Tony Sycamore recently questioned whether Bitcoin was the “canary in the coal mine” for overall sentiment in global financial markets.” I cannot argue the ‘canary in the coal mine’ because I am not that deep into anything economically related, but 18 hours ago, Marketwatch (at https://www.marketwatch.com/story/americas-sugar-daddy-just-went-broke-and-youre-stuck-with-the-bill-a74b35c9) we see ‘America’s ‘sugar daddy’ just went broke — and you’re stuck with the bill’ it, reflects my story Yesterday ‘Big in Japan’ (at https://lawlordtobe.com/2025/11/21/big-in-japan/) but with a few more angles. With “Because Japan owns $1.2 trillion in U.S. government debt — more than your weird uncle owns in grievances — and when your biggest lender suddenly discovers it can make money at home, it tends to stop financing your lifestyle. It’s like your friend finally realizing he’s been picking up every bar bill since 1985.” That setting and the others are showing the cracks in the ‘fabulous armour’ called America. Dip after dip after disaster is hitting those shores at present. And Marketwatch gives us ‘Wall Street finally catches on’ with “For months, the market was too busy pricing AI stocks and parsing Elon Musk’s latest proclamation to notice Japan’s bond yields climbing.” And as I see it, they should have been on top of all of it. They wanted their golden throne, but that implies you better keep everything under sight and that is their responsibility. So when the markets panic in the next 96 hours, it will also be on them. All by themselves it all seems manageable, but as a collected setting of bad news for America, there is a larger concern, the seams are breaking and as such the money-tub called America is fumbling in the hands of those who were managing the outcome of that revenue. 

When you come to think of it, I made a presumptuous statement that Americans would ‘invade’ Canada just to get away from America and that setting is a lot more real at this time, because when we see the Financial Review giving us ‘Major super funds count exposure to billion-dollar US solar collapse’ where we see “AustralianSuper, HESTA and the Queensland government’s investment arm, QIC, have an indirect exposure to the prominent bankruptcy case due to substantial interests in one of its biggest backers – Generate Capital. One of Generate’s directors is QIC’s head of global infrastructure, Ross Israel” a mere 4 days ago. In addition we are seeing “Pine Gate has raised more than $US7 billion ($10.7 billion) since it was founded in 2016 and owes creditors including Brookfield and Carlyle around $US6 billion. The company blamed growing uncertainty for overseas investment in the United States and hostility toward green energy since the return of Donald Trump to the White House as reasons for its collapse, along with the revocation of tax credits for solar projects.”And this is only one of many and that is before we consider the AI Bubble (which is denied to exist by Forbes) but the impact on retirement funds will be massive, in nearly any place that has put their money in this. So when the retirement funds collapse, where do you think these people will go? Where do the people go when there is no future in where they are? They go the places that has a future and at present that is Canada (Mexico too). Is this the future? 

You see Amalgamation comes with a danger. You cannot add a bucket of oranges to a bucket of apples and set the stage that you now have 2 buckets of fruit, because the analyses of fruit has different properties, but it can be done to get a little better view in the overall stage, as long as you consider that it is a flawed view and I get that. The Epic Universe stage showed me that I knew too little about that side of the flaw on the matter and me trying to explain it one way is no resolution on any other way. 

I knew that Abu Dhabi was a great vacation destination because I had done my homework on a number of things as such I knew that the UAE was a great place to see (or move to) but the larger impacts are not given, the impact can only be seen where we have all the data and some of the data is kept from us, other data cannot be verified, as such it is a terrible mess. And in this Amalgamation is not really the solution either, but it is all I have to show the dangers of some places. 

In this I bid you a great day and try to enjoy the upcoming weekend, so let’s make it a great weekend.

Leave a comment

Filed under Finance, Media, Politics, Tourism

Big in Japan

It is not a song by Alphaville, they did that in 1983 I believe. But a few months ago (May 4th, at https://lawlordtobe.com/2025/05/04/the-nature-of-things/) I raised a setting that gave us “Japanese finance minister says selling U.S. bonds a “card on the table”’ with the yowza response “Japanese Finance Minister Katsunobu Kato said Friday that the country’s $1.13 trillion in Treasury holdings were a “card on the table” in trade talks, The Associated Press reported.” Talking about the tiger that feeds himself with your hand, and the added text becomes “Japan is one of the five largest U.S. trading partners, as well as a rock-solid ally in the region, so there was some surprise when the U.S. hit the country with a 24% reciprocal tariff in early April.”” I had Axios and a few other sources. And that was all there was to it, the news simmered down and the news was forgotten, except that is why I have my blog. I don’t tend to forget things. So when I got the news a few days ago I saw a YouTube video that Japan was dumps its US bonds. A fear that many have. And I started to seek that news from more reputable sources. Most had nothing, but (at https://medium.com/@nationalgoldgroup/japan-is-dumping-us-debt-and-americans-will-feel-it-31ec6a1f3870) But Medium gave us ‘Japan Is Dumping US Debt — And Americans Will Feel It’ but that is all there is. Now, I would be hesitant to give this out, especially as the Financial Times and the WSJ have nothing on this, even the Japanese Times (an English version) has nothing. So what gives? Are these doom speakers? Because that news would be grim for America. They give us “That’s basically what Japan has been doing with US Treasuries since the 1990s. They’d print Yen at 0% interest rates (basically free money), convert it to dollars, and buy up American debt in the form of US Treasuries. Then they’d sit back and collect the interest payments. This strategy pumped trillions of dollars into global markets over the years.

And more importantly, this arrangement made everything in America artificially cheap.” But as we see the next bit “suddenly, the cheat code stopped working. The math that made the carry trade profitable for 30 years just flipped upside down. Japanese pension funds looked at their spreadsheets and realized they were losing money on US Treasuries. So they started selling. Billions of dollars worth. Every single day. Imagine you’ve been lending money to a friend for years, making a nice return. Then one day, you realize you could make better returns just keeping the money in your own savings account. What would you do? You’d ask for your money back.” So, is this true? America could ask Mark Carney as he is an excellent economist, but there is a chance he is not taking their calls. What surprises me is that all the media is silent on it. But 2 days after my article, on May 6th we got “If Japan sold massive amounts of US debt, it would very likely spark a massive Treasury selloff. Treasury rates would in turn sharply increase, making it more expensive for Washington to borrow and freaking out investors along the way” (source: CNN) but at present, these YouTube and their allotment of ‘financial show’ jokers are seemingly doom speaking, because as I see it, this is all it is. The problem is that doom speakers tend to make others jittery and China has over $700 billon of those puppies. The Medium ‘knowledge’ comes from the National Gold Group and I am not setting any value on that, but the fact that the ‘set’ financial newspapers (Guardian, Wall Street Journal, Financial Times) have nothing on this, they do not even debunk that news. So I am looking at the playing field with a dim look (as I have an absent economic degree). And I am not joining any doomsayer on their doom binge. But YouTube has a few more sources and they are all dancing around the setting, like they ant to refer to news they had given, but they are not giving it. As I see it, if it isn’t in the newspaper (online or not) it doesn’t exist, but the news is a little unsettling, because if Japan goes, so does China soon thereafter and America has 2 trillion in US treasury bonds that no one wants. So, what do you think that does to the American economy? I reckon that China likes the idea, but it doesn’t want to start it and that is where Japan comes in. Is it real? I honestly do not know, but I do know that after the shenanigans America did to others, there is a hidden glimmer of fun to several people should this happen. So I have concerns on this, but I am adamant in saying that there is no verifiable setting that this is actually happening at present. And I feel strongly about giving this additional message.

I will report on happening, not create fictive settings that start something.

Have a great day, it’s fish day here now. I might go for some today. So, make sure you find a reputable source if you are going to be panic stricken because anything else might cost you a lot more than you think and in case of doubt, Ask the former Marky Mark of the British Bank (at +1-613-957-5555) he knows a lot more about this than I do.

1 Comment

Filed under Finance, Law, Media, Politics

Trumping it along

That is the setting as President Trump proclaimed publicly “We don’t need Canadian lumber” and then Canadian wood product (lumber and utensils too) got a tariff hike. So as American lumber is needed in construction it would not be starting at a 25% depletion of that market (12 billion board feet) is now going somewhere else, Canada has had enough of this bully tactic and that is going to cost America a lot more than ever considered. It is about to cost America well over an additional $23 billion (source: Capital Briefs) and that was merely the start of this. Now the Financial Times gives us ‘Canada to reroute lumber exports as Trump’s tariffs bite’ (at https://www.ft.com/content/e56e8bb0-6dc0-4447-a907-e95164cec8e5) where we see “Canadian producers are seeking to divert around 10 per cent of the lumber normally sent south of the border to new buyers in the UK, EU and Middle East after the US president in September added a 10 per cent tariff on lumber, on top of an existing 35 per cent duty. The aim to send some 1bn board feet to alternative markets — enough to build at least 75,000 average size American homes — underscores how Trump’s tariffs are starting to reshape some global supply chains, although tensions between the US and Canada over wood exports have simmered for more than half a century.” With the added ““The US simply needs to fact-check better before they end up with a large shortage of lumber that may cause further housing shortages,” said Rick Doman, chair of the Forestry Innovation Investment board of British Columbia, which produces over half of Canada’s lumber. Washington’s escalating trade measures towards Ottawa have led to shutdowns and job losses in Canada’s C$87bn ($63bn) forestry industry, one of the country’s largest employers.” We see that Canadians have had enough of the voice from Washington DC, with Canada shifting towards Europe and Asian Markets, as well as stocking up on renewable products the setting becomes a global setting where America can now no longer fuel its own softwood needs driving housing prices through the roof (except for Florida where the Canadian snowbirds are putting their  houses up for sale, leaving in excess of 175,000 houses empty and deserted). That is the setting America no faces and whilst America accuses Canada itself as a dumping ground, they better come up with the evidence and as we see “Zoltan van Heyningen, executive director of the US Lumber Coalition, a lobby group, said the American timber industry could replace 1bn board feet of Canadian imports “without batting an eyelid”” that person better prove to be true to his word, because as it stands Canada is withdrawing over 3 billion board feet of wood. And the NAHB gives us that  “With American sawmills operating at just 64 per cent of capacity it “will take years” for US domestic lumber production to expand to meet industry demands” and in that meantime it will be shredding nearly every environmental document it has, because as I see it, the nearest place it can go to is Washington State and I reckon it will cost a few more pennies to get all these trucks up and going. In the meantime we see that “the US relies on a further 12bn board feet of softwood lumber from Canada for use mostly in housebuilding. Even allowing for spare US sawmill capacity and average recent American exports of 1.3bn board feet a year, the US is currently 3.2bn board feet short of meeting current demand, according to analysis by Fastmarkets, a price reporting agency.” And the ‘graphs’ all show that America depends on almost 30% Canadian wood, when that all falls away its own wood export collapses to zero. And that gives America a new mess to deal with, because Canada is eager to make long term agreements with Europe and Asia, which means that the next administration inherits this mess in 2028 and there is no going back. And as I see it, the bill will be passed on to Weyerhaeuser, West Fraser and Sierra Pacific Industries who will have to increase their produce by almost 50%, to make up for the shortages it faces, so in what reality did you ever see that happen? 

It might sound like an amazing option for these three, but in the American setting it does mean that nearly every environmental agreement will have to be torn up to even make this work. In the meantime Canada is expertly drilling into a $280 billion market and is seemingly doubling that within the next decade, as Canada is now moving from a resource player to more highly valued products, its margins will increase nearly exponentially and is becoming the new innovator on the block and that will ease the pressures that America thought they would hand them, their plan for Canada becoming the 51st state is blowing up in the faces of Politicians in Washington DC and that is the short and sweet of it for Canada. The hardship handed by president Trump is becoming the opportunity for PM Mark Carney. And Canada is loving the outcome of this setting, because as such high value products are to be made in Canada, giving them the setting from $255.20 towards a more then doubled market that is to come and as China replaces America as the number one export country, there will be additional settings there too. An opportunity that Canada will handle with care while in the same time increasing its export to Europe. As I see it, America merely shot itself in the foot (yet again) and that setting is to be crowned as the number one achievement for the Administration carrying that royal crown. It tried to diminish the economic footprint of its northern partner, instead it opened a new revenue handle and increased its export standing with both the EU and China. And as I see it, at no significant initial loss to Canada and over the next few years it will show a significant surplus to boot. 

A setting the Commonwealth prices and a big round of applause is handed in the direction of Prime Minister Mark Carney who is now seen as the big winner (perhaps he will accept a Nobel peace price in 2026?)

Well, you all have a great day and special mention for Capitol Brief and the Financial Times for their support in this. It is 02:00 now. Time for me to introduce myself to the procedure of snoring.

Leave a comment

Filed under Finance, Media, Politics

Assistance for Carney

Yup, that is the setting and this is not because it is anti-American, it might seem that way, but Australia is a Commonwealth nation. As such I stand with Canada. That being said, I need to meet with Director Burgess (ASIO), Director McCallum (MI5) and optionally Director Rogers (CSIS) as my data gave me disturbing insight on what has to be done, but that is for another day. Today is about support for Prime Minister Carney and as we are given (at https://www.bbc.com/news/articles/cd04yde70jmo) ‘Carney plans billions in new spending in response to US tariff shocks’ where we are given “Billed an “investment budget” by the government, the fiscal plan increases Canada’s deficit to C$78bn ($55.3bn; £42.47bn), the second largest in history. The spending is offset by plans to attract C$1tn of investment into Canada over the next five years, with the federal government arguing more restrained spending would eliminate “vital social programmes” and funding for Canada’s future.” There is a side which I see (and the Prime minister with all his economic degrees will most definitely see) is the setting that America is in a tailspin of disaster. It was already handed to us by Microsoft (they lack energy to fuel AI expansions) and the connected settings are that America is lacking in energy, water and a few other settings. But together it shows that other parties who thought that America was a solution for them, it now turns out that Canada is a much better solution. With a surplus in water and energy, these new starters might be better of in Canada and when in Canada all kinds of Commonwealth benefits come their way (which also benefits the UK, New Zealand and Australia) and that card is seemingly not played enough (or at least the media isn’t alerting us to that fact). And the setting that now is a good time should be clear to all. Because as I see it, the diminished tourism in America will hollow out a few states and their the lack of employmancy will likely lead to nasty situations and from there other settings will also be affected. The Washington Post handed me ‘From groceries to gas, Americans say they’re spending more under Trump’ combine that with the shutdown and the setting that MSNBC hands us “Corporate giants Amazon, UPS and Target each announced layoffs in recent weeks totaling more than 60,000 jobs cut this year” with an additional “In the absence of the Bureau of Labor Statistics’ monthly jobs report, the layoff announcements have raised questions about the strength of the labor market and if it’s the start of an AI-driven, white-collar recession” and that is before other firms are tallied on that rack. When you combine these settings, the outlook is grim and that is where Canada could offer a safer setting for firms looking to sail to safer waters. Only an hour ago The Indian Express treated us to ‘IBM to cut thousands of jobs as tech layoff spree continues’ as they are telling us that this Q4  will impact over 2,700 jobs. When you add it all together, America might seem fine with all that willing workforce, but the cost of living is becoming massive. I predicted it months ago, but as we are seeing it unfold, the truth is that this Trump administration went from a Big Beautiful Bill to a simple Baboonic Bad Break and that is seen all over the world as a negative and America did this to themselves and as such it is now the opportunity of Canada to offer a safe haven to all those corporations that had America in their sights and whilst the shutdown continues they need alternatives and Canada is one (Australia is the other) And when these corporations move into Canada, it comes with needed jobs, driving down the unemployment setting of 7.1% It is unlikely to get driven down to the 6% it was, but as America keeps on breaking its China (likely plates from IKEA) there would be a drive towards Canada and as America kept on breaking the moral of its allies, the switch to Canada is seemingly a near easy sell. The fact that Space is available, safe drinking water is abundant and there is a surplus of energy (I said that already) but that setting is important because Microsoft admitted a few days ago that it did not have the electricity to push forward their AI plans. Do you think that this is a singular instance? You see, yesterday the Federal Reserve Bank of Dallas gave us ‘Batteries, solar help keep the lights on in Texas but more needed’ and similar stories are rising in parts of America and that should discourage investors and those wanting to offer growth in their corporations, but there is Canada and the settings they have are clear. So as I see it, a clear case is made to move to Canada and ask I see it, a Prime Minister with economic degrees that baffles a tonne of Academics beats whatever America has to offer. There is a case to be made for America, but it requires all kinds of resources they seemingly do not have (or better stated no longer have). 

So am I making a case for the Commonwealth nation of Canada? Yup, I am and at times this is a perfectly valid case to embrace. 

So for those who want to find out where they want to stay in North America, look for the nation with the flag below

Leave a comment

Filed under Finance, IT, Media, Politics, Science

Since when?

I saw a message from Semafor. It reminded me of a story that ran the news two years ago. That isn’t always a bad idea, so I checked it out. It gives me ‘ADNOC still sees a long future for oil’ (at https://www.semafor.com/article/11/04/2025/abu-dhabi-reverses-course-on-oil-phaseout) it gives me that ADNOC (the Emirati equivalent of Aramco) gave us (two years ago) “When Al-Jaber took the podium again on Monday to host ADIPEC, the world’s biggest energy conference, he emphasized that “the long-term outlook shows demand growth for every form of energy” and that oil demand will stay at or above its current level well after 2040. A number of other oil CEOs seem to share that view.” I concur and as I see the the AI disaster coming to all our doors, there is no way it can even get the waves it needs to have without oil and there is no denying that it might last until 2040, perhaps even 2050. There was more they gave “One explanation Al-Jaber cited for the switch is AI data centers, which have become Big Oil’s go-to justification for a rapid buildout of new fossil infrastructure. Lord John Browne, former CEO of BP and now managing director of a climate-focused fund at the private equity firm General Atlantic, offered another explanation: The conference, he told me by phone from Abu Dhabi, “was dominated by the American viewpoint, which is that there is no such thing as the energy transition.” The UAE, in addition to bolstering its own voluminous oil and gas production, has good reason to court the Trump administration: On the sidelines of ADIPEC, Microsoft announced it would invest $15 billion in data centers there and that it has secured the administration’s permission to export Nvidia chips for them.” A small smirk appeared on my face. I had seen the Nvidia chips to the UAE, but the side quest that that Microsoft would be investing to set up a data centre there was somehow kept quiet. But it was the last section that caught me. With “There’s still strong momentum for investing in decarbonization, Browne said. But whether, in the near term, the global oil market is in for a period of expansion or contraction, he said, “is about as clear as mud to everybody.”” I agree, there are counter actions happening. The Trump anti-renewable setting is one of them. Then there is the almost ludicrous setting of essential nuclear reactors that American needs within 3 years is another one. There are plans for several reactors, but they are the better part of 5-8 years away and that gives America an optional shortage for 3-5 years. As such AI centers will not (or mostly not) be in some operation setting, then there are the lack of data validation stations and that is merely the top of the iceberg. 

As I see it, Sultan Ahmed Al-Jaber was correct and he was so already in 2022 before I started writing about AI (as it is still a myth) and it is re-enforces by ‘Energy CEOs Warn More Investment Is Needed As Demand Continues To Rise’ by Forbes (at https://www.forbes.com/sites/gauravsharma/2025/11/03/energy-ceos-warn-more-investment-is-needed-as-demand-continues-to-rise/) where we are also given “The bosses of some of the world’s largest energy companies warned the sector needs to invest more in a range of sources, including oil and natural gas, as global power demand continues to rise. Speaking at the ADIPEC conference in Abu Dhabi, United Arab Emirates, on Monday, Dr Sultan Ahmed Al Jaber, Group CEO of ADNOC, Abu Dhabi’s oil and gas major, said a “balanced and inclusive approach” was needed to meet the world’s growing energy demand.” A story I have been giving for almost a year, but the setting is that Dr Sultan Ahmed Al Jaber gave us that view two years ago and that makes him the clear insightful voice in a pool of blundering blind people, which I have been illuminating over the last few months. OK, it is not that hardy. There are a few more warning the world of the fact that this will not happen without energy settings and they are massively lacking at present. As I see it, the only country that is ready for this is Canada, the merely have the sent 10% to America and keep the rest and they are fine, Americans might not like this and I reckon that Virginia with their 663 data centers will see almost 60% go out of business due to a lack of power, but that is business for you. That is when a small snippet given to us all by the Sultan becomes apparent “That’s why more than $4 trillion in capital investment is needed annually to cover grids, datacenters and all sources of energy supply, Al Jaber said.” And it suddenly hits me, America doesn’t have the funds. All the boasting and the settings of StarGate and America is out of funds. Was it that obvious that it needed Canada as the 51st state? Not merely because of the rare earths, but the water and electricity would be essential to keep the lights on in America?

Which comes with the final wisdom by the Sultan. And it is seen in “Al Jaber added that “dormant capital” tied up in existing energy infrastructure needs to be freed up.

“Ultimately, the long-term outlook shows demand growth for every form of energy across every market,” he noted. So, when it comes to the energy transition, growing power demand and managing the trilemma of sustainability, security and affordability, Al Jaber called for a “focus on the data, and not the drama.”” That is a worthy quote to keep in all out minds “focus on the data, and not the drama”, as I see it, my new hero. A quote that is worthy to enclose in our hearts. I could never have said it better. I would have gone with “Drama is found where data is ignored”, that is how I am at times, but I reckon that is why I am not the board member and CEO of ADNOC, and the Sultan is. OK, ADNOC was never in the Netherlands, but Shell was and I never amounted to anything there either. So there is that to consider. But the largest setting is that Semafor alerted me to something that was said two years ago and now that is becoming the reality of today and we need to take notice, because it seems to be painting the walls of several nations and it because we let the drama overwhelm most of us. The others (like me) who focussed on the data mostly saw the setting and we are now less and less being drowned out be media as they are waking up to the reality that is about to hit their front doors and their party ended last year, now they either adjust or become obsolete, because the millions of consumers of that media are waking up to the fact that they are entering a nightmare where they can no longer afford to watch TV or charge their mobile phones. That is the price of seeing the price of 16.07¢ per kWh be adjusted to 82.27¢ per kWh, which basically sets the price to almost 100% above the price of electricity on Hawaii, but when that becomes the national norm, 340,000,000 Americans will oppose it (to put it mildly), revolt is the most likely operational setting and there is no way out for this Administration. They made their bed with lousy decisions and I reckon that they will need an escape clause to a place like Argentina soon enough after that. 

So as we see this fiasco evolve, it seems that I was right all along, but someone was there earlier, they saw the setting that was going to be and now as more and more Americans realise that the party is closing, they will need a new directive and they need it sooner rather than later. 

Have a great day, and remember, we got by with candles and their illumination. From that we got the 3 hour rule, which advises against burning a candle for more than 3 #hours at a time for all kins of security reasons. Well, in winter you are a bit stuffed, but open fires will light the way and I just remembered that I have over a dozen books to read. It would become a good time to do so.

Leave a comment

Filed under Finance, IT, Media, Politics, Science

Another party on the rise

That’s what I see as I took notice of the BBC article ‘City trader sues UBS for $400m after rate-rigging conviction quashed’ (at https://www.bbc.com/news/articles/cz6ngvenxj6o). There is even a third setting on this horizon. We are given “A former trader who had his conviction quashed for “rigging” interest rates following a 10-year legal battle is suing his former employer UBS. Tom Hayes launched a legal claim for malicious prosecution against the Swiss banking giant, claiming he was the bank’s “hand-picked scapegoat” in one of the biggest scandals of the 2008 financial crisis. In July, Mr Hayes had his conviction overturned by the UK Supreme Court after it was ruled unfair. He had been jailed in 2015 for manipulating interest rates used for loans between banks.

Quashed as unfair? This calls into question a few issues. First there is the persecution. They either had the evidence, or they did not. Then the question becomes, how this evidence was obtained. I am not on the side of Tom Hayes, Im siding with the law, but all parties must do their due diligence. And on the other side The claim that he was a ‘hand picked scapegoat’ also requires proof (of some sort). Was he a convenient altar boy? Did he break any banking law? These are questions that come to mind. 

And the setting we are given is “The filing said Mr Hayes was taking legal action in a bid to “deter and punish UBS for its role in intentionally directing the destruction of an innocent man’s life for their own selfish reasons”. His lawyers claim the global banking giant misled US authorities with the aim of branding him the “evil mastermind” behind alleged Libor misconduct in an effort to protect its senior executives and minimise regulatory fines.

As I see it, to be branded ‘evil mastermind’ requires evidence of access and the simple facts that ‘others’ had his ears, did they? As it goes and as it tends to go, if he was a true ‘evil mastermind’ there is a lack of evidence, more a setting of assumed handed evidence through interviews. Was that the case? Then we get a much more sinister part. We are given “The complaint, filed in Connecticut, also claims UBS “gained control over the investigation into its own alleged misconduct” and conducted a “fundamentally flawed” investigation in order to pin the blame on Hayes. It added that UBS “offered Hayes up on a silver platter” to be prosecuted in both the US and the UK, and that those prosecutions were “engineered by UBS’s intentional false and misleading disclosures”.” The setting can be held as evidence. As I see it, The accusation of a “fundamentally flawed” investigation” could be investigated and seen as evidence on the whole. As well as “those prosecutions were “engineered by UBS’s intentional false and misleading disclosures”” at the time it might have been invisible, but now with time and the logs stamped as permanent it might be easier and after that amount of time, these people would have left their positions and now the UBS is on the hook. They will cry all points of mercy and that they didn’t know. But as I see it, we have in the first “senior executives and minimise regulatory fines”, that one raises the need for the fine to be upheld and even raised to at least $800 million and that is just for starters. The second setting is that the prosecution allowed a “gained control over the investigation into its own alleged misconduct” and that is, as I personally see it, on the heads of the prosecution. 

I think that Tom Hayes has a decent chance to walk away with a decent bundle of cash if he can proof even one of these accusations. The prosecution is decently tempted to withhold any assistance, but I see that as a wrongful act. They made the mess, they need to clean it up and as I see it, it is merely the first setting. You see, this comes out after 10 years. How long until someone at a bank gets to be clever and gets DML involved? That person merely needs to ask “How can I increase profit without breaking the law. What hurdles will I face?” That could get several non senior executives a pauplan that outstrips whatever they had their senior executives. A setting that some will see as amicable. So what happened in 2012 will not come to our shores twice a week. Is the prosecution ready for that? How many people will it convict allegedly innocent and after they spend their 5 year (or more) in Hotel Sing Sing, how much will these people claim at that point? It will be a while new party to come and everyone is invited to that setting.

Don’t believe me, wait for the second part of this musical because it will be awesome. The big banks self monitoring and they get to hand over billions for short sighted actions. It will be a grand new world to come. So have a great day and enjoy the payment of fines if you are due any.

Leave a comment

Filed under Finance, Law, Media