Tag Archives: Erdogan

The truth hurts

Even as the headlines hit us 3 hours ago, like the Herald Sun giving us ‘French remarks on Khashoggi prompt anger‘, we see the outrage from Turkish Foreign Minister Mevlut Cavusoglu and IO wonder if he comprehends how transparent the actions by turkey has been. Even as he gives us “Our intelligence shared information with them on Oct 24, including the voice recordings,” the political card is shown by his own admission. You see Jamal Khashoggi went missing and presumably died on 2 October 2018, so the tapes if they are authentic were created 3 weeks earlier, so that is the first piece of evidence right there. And even as some accept it, until the tapes are properly vetted, I will remain in doubt. The fact that this happened in a nation where well over 200 journalists are in prison for a very long time, in a country that is clearly allied with Iran, a nation in a proxy war with Saudi Arabia, I would be hard pressed to take anything at face value, yet the overall media has kept these two parts on the down low and some did make small mentions of that part, but for the most, the people were kept in the dark.

So when we initially see: “French Foreign Minister Jean-Yves Le Drian had questioned Erdogan’s weekend remarks that Turkey gave tapes relating to Khashoggi’s killing to the United States, Saudi Arabia, Germany, France and Britain. Le Drian said he was not aware that France had any tapes“, we need to accept that there is more and even as we see that Justin Trudeau has confirmed receiving the tapes, I wonder how much scrutiny the tapes will receive as it took 3 weeks to hand them over. In addition, when you look back at all the media, we see that games were played by both Turkish officials and the media as a whole, I wonder if I get my fingers on the tape, whether we will hear the dismemberment as was claimed last month. There is a whole range of issues with politicised evidence, it loses value overnight as it get to be put under scrutiny and in the end, will we be able to tell whether the person who was recorded to be under duress, was that really Jamal Khashoggi? You might take offense on this, but the reality is that evidence is either real or fake and it is the job in any investigation to discredit fake evidence, to merely accept evidence ‘as is’ is folly. In addition, the media claims will also impact the reliability of the evidence. that is the consequence of the media game when it is all about ‘clicks’ and then there is the circulation, all newspapers want as big a slice of the 56 million newspaper readers and we have seen how certain overpaid editors will go to seem more and more exclusive and scoop like. So as we now get to put the unnamed sources against the tape we will see the impact that it had, and perhaps it will hold up, I do not know, I never heard the tapes.

We also see the repeated claim: “Erdogan says the murder was ordered at the “highest levels” of the Saudi government“, whilst we merely get in confirmation: “Saudi authorities have acknowledged that the killing was premeditated“, the first cannot be proven, and the second does not warrant the first part. Even as we accept the entire setting of premeditation, we still have no idea where Mohammad al-Otaibi is, we have not heard anything from him or anything about his whereabouts and the media is not too eager to look there either, are they?

So when we see: “the kingdom of Saudi Arabia would detain or fire more than 20 people in connection with alleged killing of Jamal Khashoggi, Otaibi was not among them. He has not been heard from for weeks at this present day“, I looked at it, the Washington Post (at https://www.washingtonpost.com/world/senior-saudi-diplomat-in-istanbul-when-khashoggi-was-killed-drops-out-of-sight/2018/11/12/85f8e406-d7b1-11e8-8384-bcc5492fef49_story.html) is also still looking at it, but the bulk of the newspapers have either written him off, or have no idea how to exploit his situation at present, another political game still played and the Turkish government is silent on that too, merely some version of ‘he did not work out‘. The Washington Post also gives us: “Given his role as the senior diplomat in the consulate, Turkish authorities have been sceptical of the notion that Otaibi was an unwitting bystander to the killing“, I agree with that initial assessment. Even as I have seen government stages where it is easy enough to push through 15 people under the radar (the US does it all the time), the staging can be done in a few ways merely depending on the degrees of freedom that middle management in any policy environment has. You only need to retrace the steps of CIA rogue operative Frank Terpil to know that not only has it happened before, it has happened a few times. People like Lao Ta Saenlee who got almost free reign and intelligence worker happily looked the other way for a price and the irritating sturgeons that were nipping at the heel of Lao Ta Saenlee were removed, so that some people had their success stories. This is not new; it isn’t even original it is merely how some people stay in business by keeping other people in business. In that environment it is easy to push through half a battalion on people and whilst the successes go the other way, no questions are asked, because there is success. The CIA, the NSA, MI6, DGSE, Mossad. they all have their versions and they are all still operating under similar operative states, so I was not surprised on the 15 people and yes, there is a chance that there was orchestration on a higher level, but as Turkey decided to drip feed the media and people on accusations and ‘revelations’ these people got to hide into the Monty Python shrubbery of denial. They were not in ‘this’ shrubbery, they were in ‘another shrubbery’, so the people looked under the ‘S’, whilst they were already under the ‘A’ of accomplished, achieved and away.

The Washington Post also gives us: “Mehdi Eker, a lawmaker and senior member of Erdogan’s party, said the nature of Otaibi’s involvement could be determined if Turkish authorities were allowed to interrogate him as a witness. Eker said he is mystified as to why Otaibi was not among the Saudis arrested or fired over the case“, I agree. Mehdi Eker is as I personally see it correct and the fact that the media ignored it for weeks is still part of the problem. As they are to a larger degree not asking the questions, we are feeling not merely left out, we are left with the feeling that we are intentionally kept in the dark, making us question whatever evidence is shown even more. And it is there at the end of the Washington Post where we get one more gem. It is the quote: “Turkey’s public prosecutor said last week that Khashoggi was strangled almost immediately after entering the consulate on Oct. 2“, if that is true, then exactly who was tortured and dismembered whilst still alive? Perhaps you recall the part that several news outlets gave us on October 17, 18 and 19? The headline: ‘Recordings reveal Khashoggi tortured then dismembered while still alive‘. As we see that we get more and more conflicting parts handled to us, is it even a surprise that the evidence presented is called into doubt as valid evidence? So when French Foreign Minister Jean-Yves Le Drian gave us: “He has a political game to play in these circumstances” he gave us something that is as close as an absolute truth as truth is likely to get in this case. The evidence is all around us; it is shown in well over two weeks of articles. If only turkey had decided not to play the Iranian game and handed it all over, there would have been no issues and there would have been a total victory from the Turkish side, so at that point, as this never happened, is it not the most direct stage where we do not trust the evidence given to us? We all accept that Jamal Khashoggi is dead and possibly dies on October 2nd, yet so far there is no clear evidence on that either is there?

The fact that people classified as ‘enemy of Iran’ can travel all over Turkey unseen whilst they have the entire embassy wired, does that not contradict one another on a few levels either? It does not mean that it did not happen; he might have been dissolved as one source gave us two weeks ago, yet that also contradicts evidence in a few ways. All these questions and many papers aren’t asking them.

The truth hurts and the plain truth is that this was folly on several levels, first of all the Saudi side where something was allegedly optionally done in-house where the denial factor would have been removed. A stage where a model 24 from 400 metres would have finished a job outside of Saudi premises, the entire paperwork would have implied travels and honeymoon situations giving a non-peaceful opponent of Jamal Khashoggi even more options. Then there was the waiting on the Turkish side, whilst the implied evidence from the Turkish side would have broken the case open instantly, giving Iran what they desperately desired. this all points to the evidence being either tainted, or optionally fabricated, and the Turkish players got the media involved to make it emotionally worse making the evidence even less reliable all at the same time. That is merely the truth of the matter and the truth hurts, it really does in this case.

Oh and the partial denial from France merely indicates that French Foreign Minister Jean-Yves Le Drian might not have been on the recipient side, the question becomes who exactly were given the tapes for each nation, the fact that we do not see this question in the media, or revelation of those names by Turkey, who seems to focus on who did get it does not help much either.

It is scary as to what governments nowadays stage as competency in ‘execution’ of policy. It is even scarier to see all the elements that the media seems to skate around (almost non stop I might add).

 

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The Elephant Room

It started a few days ago and I talked about it in my previous few blogs. I was wondering how to set the stage, because setting the stage to a conversation or an explanation is important. Whenever I taught data technology and data cleaning solutions I always relied on my ability to give the students something to relate to, it is easier than you think, it merely takes a little imagination. Just like my mind envisioned two new video games, it takes little effort. Now, if I was a crack programmer, I could make those games a reality, but that is where the shoe does not fit. I can script data in any form, but programming a video game is not my forte, just like drawing is not my forte either. I am a crack photographer, I can edit the pictures with the greatest of ease, yet drawing is not for me. Even if I can see what I want to draw, my hands fail me when it comes to drawing. Knowing my limitations was never a problem for me and hiding them is a waste of energy. If I add the vision of Elder Scrolls 6 (now optionally Elder Scrolls 7), I have come up with close to half a dozen games, including an out of the box far-fetched version of Watch Dogs 4. My mind is never ever sitting still, it is always crunching data. Whether it is a new weapon that could optionally sink the USS Zumwalt (anything smaller was not a challenge), an optional never explored novel idea to let any Iranian nuclear reactor (or any other reactor) self-destruct on itself (OK, It is an idea, but an untested one), the creative mind can be pushed in every direction you want to push it to, if you are willing to let your mind go there.

Whether it is a simple fantasy story, or a new movie, the setting is simple, let your mind go free, that is all that is required. Yet, the brain needs nourishment, in my case it is music, I found out that different scores, will set my mind in different directions and it is not set in the style of music, Whilst one album gave me the brain jump to get me to find the Zumwalt pounder (initially merely a solution to take down the Iranian navy), it was David Bowie, and his album ‘the Next day’ that pushed me to make an initial design of the Elder Scrolls X (formerly known as ES6). I never figured out why it happened, merely that it does.

So in all this, we get to Far Cry 4, In that game (which I recently started to replay (and it still irritates me that the programmers pushed for assumption is pissing me off), anyway, the DJ in that game mentions on the car radio: “Let’s talk about the Elephant in the room, let’s talk about Pagan Min“, the mere ‘Let’s talk about the Elephant in the room‘ got me to today’s part. It starts with the Guardian (at https://www.theguardian.com/world/2018/oct/22/erdogan-to-reveal-naked-truth-about-khashoggis-death). There we see: ‘Erdogan to reveal ‘naked truth’ about Khashoggi’s death‘, which is nice if he reveals stuff, yet it is all covered in loads of insinuations, is it not? So we see: “A Turkish intelligence source told Reuters that at one point Qahtani told his men to dispose of Khashoggi. “Bring me the head of the dog,” he said“, “it is possible that the president instead sees the episode as a chance to engineer a recasting of the political dynamic across the Middle East, chiefly by weakening the crown prince’s authority“, as well as “It is understood that Erdogan has not shared the recording with the US“. This is all partial game play, a game of innuendo, Turkey, as the mere assisting tool for Iran is playing the media.

The Evening Standard is playing that same game with: “Mr al-Otaibi is said to have been recorded in a seven-minute audio clip during the alleged torture of Mr Khashoggi, saying: “Do this outside; you’re going to get me in trouble.”” and not just them, yet the people are still to hear that recording, that piece (at https://www.standard.co.uk/news/world/sevenminute-audio-captures-screams-of-dismembered-dissident-journalist-jamal-khashoggi-a3964306.html) 4 days ago, gives light to all kinds of innuendo, whilst the recording has not been shared, has it? So how stupid can a journalist become? And whilst we again see (in several publications) “The audio recording allegedly captures the Washington Post columnist’s screams as he was dismembered“, no one ends up having heard that recording that is now seen as ‘not being shared‘. In this the media has been a much larger failure. In all settings, Turkey as a mere knave of Iran is not shown to be in alliance with Iran as it continues its proxy war on Saudi Arabia, is that not weird either, merely because it is part of all this.

Then we get to another part, one that involves Lolwah R M Al-Khater, the foreign policy spokeswoman of Qatar. When she stated: “She had faith in the Turkish justice system“. I would really like to demand that Lolwah R M Al-Khater calls the editors and chief editors of the 214 journalists that were jailed, it includes the 22 convicted, and 4 detained at present. I would really like the recordings of those (chief) editors to be played for the news, and I think that if she truly believes in ‘Turkish justice‘ she has no problem with that, does she? It is not like she is optionally busy, is she?

So even as we see dozens of articles on the continuing saga of Khashoggi innuendo, there was one who gave us a mere 17 minutes ago: “400,000 severely acutely malnourished children“, merely a part of the 8.4 million Yemeni’s in that position, a position that Iran and Hezbollah are bolstering. So whilst we see certain parts, we need to take another step towards CNN, in light of certain parts they played. In this case it is an opinion piece. The article (at https://edition.cnn.com/2018/10/22/middleeast/jamal-khashoggi-murder-cynics-analysis-intl/index.html), gives us ‘Jamal Khashoggi’s murder shows that the cynics have won‘. There we see at the very end: “Khashoggi’s horrifying death has not brought the best out of (most of) the international community. It has given way to cynical, transactional calculation. And as Oscar Wilde said, “A cynic is a man who knows the price of everything and the value of nothing.”“, the writer Tim Lister gives us the goods and he is from my point of view merely partially correct. You see, I agree with the setting as my personal thoughts are (in all honesty): ‘Khashoggi was optionally a nice guy. I did not know him and I do not care about his life or death, he was a journalist!‘ You see, if the newspapers had given us a much better view, not relying on all that innuendo, we might have cared, yet that was not the case, the overall stage of journalism has lost its value to us because of the actions taken, because of the allegedly, unnamed sources and almost never ending amount of innuendo, the media is being used as a tool for people like Erdogan to take centre stage and almost nowhere did we see any recollection to those jailed journalists in Turkey, did we? We also did not see any mention of the Turkey-Iran alliance and the fact that Iran is in a proxy war with Saudi Arabia (and has been for the longest of times) and the bulk of the Yemeni population is feeling the impact of that.

There is the elephant in the room, the part that the media avoids!

So, now on the Saudi Arabian side of the events, we agree things have been done really really badly, actually the only one doing allegedly a worse job is GRU director Igor Korobov with the operations in Salisbury and the Netherlands (OPCW), that part is still on the minds of many as well. If this required a creative mind, then there would have been no issue. You see, taking care of Sergei Skripal could have been done with a mere illegal weapon acquired in Ilford (Redbridge, UK), take him out with the right donkey punch, make it look like a robbery and problem would have been solved. No OPCW operation required. The same could have been said for Khashoggi if that was the true operation. Merely give him his papers, super fast and courteous, wait for that next trip and fulfill the mission, no involvement of any official grounds, the divorce papers puts the embassy in the clear, a person like Khashoggi will get around and the right place will open solutions of several kinds. So, you see, the creative mind can be kind, can be joyous and it can also be horrible, and when its training has been to solve puzzles and data equations, cleaning a data set is like a simple targeted killing, it is merely a puzzle to solve. It only needs the variables and the proper environment to stage the solution. Unlike the media that merely solves its own problems through innuendo and it is seemingly treating some events like it is the elephant in the room, giving the readers less and less to trust. So there is the part where I disagree with Tim Lister, we became more cynical and today’s press largely made it so.

Oh, and to end the stage of creativity, let’s look at the Iranian nuclear meltdown solution, I will merely give you two hints, the first is 1:3:9, the second is the image you see here; that is how I got to the optional solution, it also gave me the idea to designed a wasp valve and a piranha valve to ‘introduce’ the meltdown (deployment was a separate puzzle to solve). Now, I cannot vouch that it will work, but if it does, it should work on many reactors, so never underestimate the creative mind willing to really jump outside the box, an ability that is seemingly lost on many people. A person with Business Intelligence and no creativity is nothing more than an excel user going through the numbers trying to tell a story that people with lack of vision will be willing to swallow.

 

 

 

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What surely comes next!

Today I took another look at what the Washington Post reported on Mark Zuckerberg, even as today will not be about that. It will however 100% for certain, soon be about 44 senators, I am collecting data on losers like Rep. David McKinley (W.Va.), who accused Zuckerberg and Facebook of “hurting people” by failing to thwart those who try to sell opioids on the site. So he will soon face my exposure on how Heroin-related overdoses in West Virginia have increased by 200% by Nov 2017 and even more at present since measures were implemented to limit prescription opioid use. In addition a recent source gives us ‘Drug companies shipped nearly 21 million opioid painkillers to a town with 2,900 people‘, which was 3 months ago, so as I see it, the republican loser from West Virginia can join the Texas ranks as one of the least useful persons in the USA. But do not worry, these senators have accumulated loads of visibility and I will save some space for all 44 of them. So as this is coming soon enough, let’s take a look what matters today.

You see, the issues in the Middle East are accelerating and the issues are becoming more and more extreme. Even as we saw “The announcement was made at the High Level Pledging Event for the Humanitarian Crisis in Yemen held in Geneva today, bringing total EU funding to Yemen to €438.2 million since the beginning of the crisis in 2015. Speaking at the event in Geneva today, Commissioner for Humanitarian Aid and Crisis” a mere week ago (source: EU News), the issue is not how much is going there, but whether that pays for any humanitarian relief. You see, Yemeni Houthi’s fired ballistic missiles at Riyadh, which according to Al Jazeera travelled more than 800 Km into Saudi Arabia (at https://www.aljazeera.com/news/2018/04/yemen-houthi-rebels-fire-ballistic-missile-saudi-capital-180411153418562.html), and when we see “Sharaf Lokman, a spokesman for the Houthis, said the attack came after Saleh al-Samad – president of the Supreme Political Council that runs Yemen’s capital, Sanaa, and other rebel-held areas – declared the start of “a year of ballistic missiles“, can we blame Saudi Arabia for whatever comes next? Whatever comes next is likely to be today and as the papers are all about how civilians were hit in all this, it seems to me that there is an unbalance in what is reported on several sides, giving rise to different levels of scrutiny and bias, whilst those needing to get all the news are blatantly ignored. When we see “the kingdom’s defence forces saying they intercepted missiles that targeted Riyadh and another city, and drones targeting an airport and an Aramco oil facility in the country’s south“, many people forget that all this requires technology, knowledge and heaps of additional logistics. So how are the Houthi rebels getting this stuff? Someone is supplying them and even as we realise that these puppies are not cheap, we tend to forget that the cost is rising quickly, especially when we see “a year of ballistic missiles”. Even under the best of conditions Yemen could not afford any of it, so they shouldn’t be able to get the mere fuel for these missiles, where is the rest coming from? When we consider the players who could afford it, how come the EU is all about “Martin Griffiths initial priority should be to listen rather than act“, whilst someone is ordering missiles by the dozen a day (an assumption from my side), where are these funds coming from? I think that the part “Martin Griffiths has an opportunity to serve as a bridge between international and regional actors and to benefit from European diplomatic initiatives” sounds slightly too much like a joke when we see the adverse actions taken. In this the European Council on Foreign Relations (ECFR) might be a mere think tank, yet even they need to work on the premise of reality and achievability, two parts that are not coming to their doorstep any day soon if they keep on ignoring certain cash flow issues in all this. You see, Saudi Arabia almost has no option left but to strike back as hard as they can. If they do not, they are merely opening themselves to additional attacks from Hezbollah Al-Hejaz. A group that Iran planned to revive last year and as matters go, there is every chance that they have gone beyond the planning stage. If there is any truth to the entire “a year of ballistic missiles” matter, it implies (to some extent) that certain parts are in play and Iran cannot get caught there in any way. Having a resurrected puppet like Hezbollah Al-Hejaz is the most likely solution for them. Even as they know that it will be a signal for Israel to hit Hezbollah in their region, the outcome is a certain level of destabilisation, which is as I personally see it the first need for Iran. If they have any plans towards hurting Saudi Arabia, destabilisation is a clear first tactical need. In this Saudi Arabia has its work cut out in equal measure. It needs a few solid iron strikes against the Yemeni Houthi’s for Iran to realise that they are truly biting off more than they can chew and that is the only way (without a full scale skirmish) for Iran to reconsider the situation that they are on. In equal measure, Turkey is seeing the initial impact of its actions in Syria as the Turkey’s embattled lira hit a new low of around 4.14 to the US dollar. Turkey suffers from 10% inflation driven by an enormous internal credit bubble, a current account deficit of nearly 6% of GDP, and a US$220 billion corporate debt load in foreign currency. All this the Erdogan response is ““There are games being played on our economy,” he said in a speech in Ankara. “I call to those attacking our economy: You will not succeed. Just like you failed before, you will fail again”“. As I see it the idea that the cost of a war would largely impede ones economy as billions go to the cost of fuel for tanks and the ammunition for troops and tanks and even more resources for feeding the troops, all Trillions of Turkish Lira’s not going to the Turkish civilian needs and infrastructure probable has not yet sunk in with the President of Turkey, so that is that lack of insight to add to the tumbling Turkish economy as well? The good part here is that as they face those elements they need to shy away from becoming the Iranian tool in the Middle East outside of Syria, so that would optionally give Saudi Arabia more breathing space, how these acts could be used to stop Iran remains unclear at present, but there is every chance that Israel and the US are pissed off enough to do something silly like open up a full scale theatre of war in Syria (after the chemical attacks) and as such, if Russia does not respond with actual war and tries the diplomatic path to calm things down, Iran will not be left with any option but to wage war alone against Saudi Arabia, whilst Israel and the US will side with Saudi Arabia, the second part is that Yemen will suddenly lose all Iranian support which will change everything there as well.

The only direct path at present (as I personally see it) is to find out how the missiles make it to Yemen and make sure that the next 3 shipments are scuttled in the Gulf of Aden or the Arabian Sea, making the entire endeavour way too expensive for those with additional agenda’s. Yet the reality is that there are unknowns at present. It is not the missiles themselves, but the support system behind it all. Someone is getting trained there and finding out by whom and how is actually more important, sinking a shipment is one thing, getting rid of the instructors through targeted killings makes the next 6 shipments useless and therefor a tactic to be favoured (if realistically possible). In all this the person(s) training the Houthi are likely to be shielded, but it seems to me that finding them might be easier in the long run. Any Houthi firing team that the Saudi military can dispose of would delay the “year of ballistic missiles” tactic by several months with each successful hit making the statement Saleh al-Samad an unrealistic boast that could drown moral the way it needs to be, because as long as this goes on in Yemen, the 850,000 half-starved children (as reported by Oxfam) will not get to have any chance of survival.

Yet that is the way of inaction, even as action might be worse in the short term, resolving the issue would also imply that humanitarian aid could be possible after that. In all this, no matter what we think might happen, we do know that death is surely coming for thousands, if not for hundreds of thousands of the civilian population, a population of 10 million of Yemeni who are currently out of food, water, electricity and medicine, and their chances for survival? When we consider the mere premise of “The World Bank predicts that Yemen’s oil and gas revenues will plummet during 2009 and 2010, and fall to zero by 2017 as supplies run out“, we might have to realise that the Yemeni’s need to consider not being alive, at the lives of Syrians were set to zero on the abacus of life due to a none economic value, the plight of the Yemeni people might be worse and that is not just in light of their value, that realisation also gives us that this nation has no funds to work with, so how would they be paying for their “year of ballistic missiles“? #JustAsking!

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SW2, not WW2

Is there a Syrian War 2 brewing? That was the initial thought I had when I got exposed to the ridiculous claims from Turkey this morning. There are two parts. the first comes from the Guardian (at https://www.theguardian.com/world/2018/feb/19/turkey-warns-assad-not-intervene-kurdish-enclave-afrin), the quote is “Turkey warned the Syrian government of Bashar al-Assad that it risked a military confrontation with Ankara if it intervened in an ongoing war in the Kurdish enclave of Afrin, in a further escalation of tensions that hint at the possible widening of an already complex conflict“, now, just to make sure you get this. Turkey invaded Syria for the alleged reason of coming to aid towards Assad, or perhaps merely to ‘fight ISIS‘ in a presentation attempt to silently start the second genocide, the genocide of the Kurdish people. So Turkey goes invades Syria and now states: “Turkey warned the Syrian government of Bashar al-Assad that it risked a military confrontation with Ankara if it intervened“, so how is optionally opposing an invader ‘intervening‘?

The second part comes from the BBC (at http://www.bbc.com/news/world-middle-east-43107013), where we see basically the same with ‘Afrin offensive: Turkey warns Syria against helping Kurds‘. So when we read “Deputy Prime Minister Bekir Bozdag said Turkey’s operations were going ahead as planned and it would be a “disaster” if Syrian troops were to intervene“, should we deduce that a failed introduction to genocide is a ‘disaster‘?

Even as we see the similarities, we see that the issue is larger than merely a scuffle between the Turks and the Kurds, the way we see the quotes and the way that they are reported give rise to the fact that there are other issues below the waterline. It is not merely semantics, it is the interaction that Turkey has been having with several nations gives that rise and the optional viewing of that should make plenty of people worried at the very least and decently nervous in the nominal setting of international relationships.

The BBC article ends with “President Recep Tayyip Erdogan told Russia’s Vladimir Putin that Damascus would face “consequences” if it struck a deal with the Kurds, CNN Turk reported on Monday“. So, Erdogan, President of Turkey, a person with not much diplomatic skills or powers outside of Turkey for that matter, is telling Putin….? Oh, sorry, I nearly lost my breakfast laughing myself into several layers of bellyaches. It is almost as impactful and powerful as me calling Alexander Bortnikov, telling him to give me access to all his data, or he is going to hear ‘stuff he will not like‘ (most likely me calling him a pussy). Yes, people like the President of the Russian Federation, or the director of the Federal Security Service of the Russian Federation (Федеральная служба безопасности Российской Федерации (ФСБ)) getting told by the likes of President Erdogan (or me for that matter) is something they should take extremely serious (sorry, second laughing attack, I will be back shortly). So, after I had my second laughing attack that lasted close to 611 seconds, I got back into my seat and decided to take another gander at a few parts. You see, the nice part of such short sighted actions is that it alienates the players Turkey actually desperately needs. Which in turn is making Iran more and more nervous, which is good news for several countries in the Middle East. The interesting part in all this that he BBC reported “During the course of the Syrian war, pro-government forces have largely avoided direct conflict with the YPG, but they have had sporadic clashes“, which now gives the optional food for thought that Syria might actually set some resources that way with the optional thought that they will not be targeting the YPG, because if we agree that direct conflict was never a real necessity, the Turkish forces changing that by sticking their short stick in a hornets nest, that part would be the greater threat to Syria, which now gets them into hot water is a few places and on several ways. In addition, it will also change the conversation that is going to happen in Kazakhstan in two weeks, giving more questions if there is still going to be a summit in Istanbul on Syria. The changing pressures are by no means a way to get things talked about and smoothed over. Even as Reuters gives us: “The three countries are working together to try to push the troubled Syrian peace process forward“, we need to also consider the mandate that Tehran gave to Foreign Minister Mohammad Javad Zarif as the outbursts from President Recep Tayyip Erdoğan is pushing its own agenda whilst at the same time causing chaos towards the plans that Iran seemed to be having in all this, his self-serving hatred of Kurdistan is making the creation of coalitions next to impossible. With the Netherlands adding fuel to the fire of Turkish non-diplomacy, as they have now voted to recognise the Armenian genocide of 1915, pressures are growing there too, at a time when Turkey needed every European nation to be on his side regarding the non-realistic approach to becoming an EU nation, we see that the gap is increasing beyond the chance of that ever becoming a reality. The Turkish parties kicking every hornets nest in the Middle East is not very useful. On the other hand, Turkey could decide after Kicking both the US and Russia, to see if this level of craziness is useful in Beijing, which it is unlikely to be unless they open up all kinds of open trade paths which might actually be a lot less interesting to Turkey, especially at a time when Turkey is trying to get increased Cherry exports to China in time for the next harvest, the need to grow their export which according to some is in excess of 80,000 tons, they are now in a stage where they can no longer afford to get on anyone else’s wrong side, which must be a novel experience for the Turkish Diplomatic Corps.

All this whilst the issues in Greece and Cyprus are at present still unresolved, with the Ekathimerini making a connection between the report published on March 28, 1897 in Empros newspaper where we get: “referred to a foreign diplomat who described Greeks’ behaviour in relation to Turkey as that of a dog that barks, but does not bite. We all know what followed, but we still tend to forget how bad it is in international affairs when you bark, but no one really feels any threat“, and the escalations on gas resources at present, that whilst there is a certain logic to make the statement, especially when we consider Europe, NATO and the UN is seen in relation to: “where tensions broke out between Greece and Turkey, these organizations never really offered anything more than carefully worded statements“, that is the situation when we rely on the paper tiger to get things done. So when we read: “Athens must be very careful in weighing its next moves. It’s a balance of terror. If it shows compliancy, one can’t be certain where the other side will stop“, whilst we all know perfectly well that Ankara will not stop until forcefully halted. As the article ends with the absence of emotion in the Turkish-Greek debates, the issue is that the theatre is getting prepared to get very emotional from more than one side. Turkey almost has no options left after kicking all the wrong shins. In my view, when Syria escalates and escalates in one wrong direction we will get a flood of orchestrated news (whilst journalists have been sentenced to life in prison) and from there onwards it becomes a long winded marketing campaign, because Turkey seems to be realising that the US, the UN and Europe are all about statements and statements alone. Which is a dangerous game as it could press towards a second Syrian war where the Syrian Kurdish area could get annexed into Turkey and its population would optionally somehow mysteriously vanish.

So, how should we see the optional threat of a second Syrian war? that is hard to see, with too many high level meetings, with the latest addition being one with the Russian President Vladimir Putin, Turkish President Recep Tayyip Erdoğan and Iranian President Hassan Rouhani to meet in April in Turkey, there is no telling what it will actually be about. Even as we have seen from enough sources that it will be about Syria, there is in my personal view absolutely no way that it will just be about Syria, especially as the meetings are going to be behind closed doors. That view is made stronger when we consider the news merely a few days ago when Kirill Dmitriev, the chief executive of the Russian Direct Investment Fund (RDIF), told CNBC “We’re at the breaking point in positive territory of this relationship … We really embarked on an amazing positive journey“, that in light of Iranian issues and the fact that President Putin’s face is on the homepage of the RFID gives enough indication that nothing happens there without the explicit approval from more than one key member of the Kremlin and there lies the complication, The meeting around Syria is set in a stage where all three have separate agenda’s. Turkey has the Kurdistan region, Russia has a truckload of billions it can win with Saudi Arabia and Iran is extremely opposing anything pro-Saudi Arabia, as well as having a few additional issues regarding Yemen, who would really like Russia to become a mediator here, so the Syrian talks will come with close to half a dozen unscheduled stress points. So, when we see these issues in the lights that can be confirmed, will Syria see more or less stability?

Less stability is not a given, but the premise of it happening is actually more realistic than I would have foreseen less than a year ago.

 

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A Turkey problem

We’ve all had them around thanksgiving, the turkey was still too deep frozen, the filling was incomplete and the oven was not firing up to the right temperature. In the US these are at times regarded as mum’s worst nightmare. Thanksgiving is a day when mum shines and her dinner is heralded and dreamed of for many nights before and a few nights after as well. No, this is not about the plumage; this is about that nation that is trying to basically piss off anyone they deal with. The first is seen (at http://www.france24.com/en/20180207-turkey-says-it-has-met-eu-criteria-visa-free-travel), where Ibrahim Kalin stated that “that Turkey had submitted all related documents to EU officials ahead of an EU-Turkey summit in March“, a Turkish official gives us: “the country has fulfilled all 72 requirements set by the European Union to secure visa-free travel for Turkish citizens to the 28-nation bloc“, this whilst we know that ‘Turkey had failed to meet the 72 criteria, including amending anti-terror laws‘, we might go so far as that of those criteria the bulk had not been met and with the additional issues now in play, there was never a more prompt moment to deny the visa-free travel options. More important, stating that ascension to the EU would not be possible within the next 50 years would equally not be out of the question. The Turkish approach to ‘securing’ Europe as discussed (at http://theconversation.com/turkey-is-using-syrian-refugees-as-bargaining-chips-as-it-moves-against-the-kurds-90904) is beyond tasteless. As I stated before, the acts by Turkey going back as far as 2002 are shown to be unacceptable. The larger issue is why Europe seems to continue to ‘find’ ways to reopen talks whilst the bulk of 72 requirements have not ever been met, even worse, their actions in Syria, their involvement with Qatar and semi union with Iran makes the matter worse. It makes a case that Turkey is the larger security threat for Europe.

The fact that Turkey is so corrupt that immigrant threats get to walk through Turkey, or via Turkish smugglers makes matters worse. Yet, there is no such mention at this time. Even more unnerving is the fact that there is still a meeting. The Commission confirmed Wednesday that Erdogan will meet in Varna, Bulgaria, on March 26 with Commission President Jean-Claude Juncker, European Council President Donald Tusk and Bulgarian Prime Minister Boyko Borissov, whose country holds the bloc’s rotating presidency. What takes the cake was the quote Commission spokesman Alexander Winterstein said the talks will focus on “subjects of mutual interest and recent developments in Turkey. That includes obviously the rule of law and fundamental rights“. Knowing that Turkey has only two elements on the brain, I wonder how this can end well. The EU is getting truly desperate. It is still facing Brexit and the news and the bitterness of Europe is showing them to be spiteful in every way. is that not nice to know that some place that ‘pretends to value’ freedoms, will not honour those who are no longer interesting in its membership? As I personally see it, the levels of corruption that flow through the ECB gravy train is making people nervous, because that part is becoming clear that this train has to stop functioning. the Financial Times (at https://www.ft.com/content/ade8e020-0b50-11e8-8eb7-42f857ea9f09) voices it in light of ‘non-compliance’, the quote “The five-page text (UKCompliance), circulated to EU member states by the European Commission and seen by the Financial Times, sets out how the EU plans to make Britain abide by union law until December 2020 while excluding it from decision-making“, does that sound like amicable? As the article states, it basically reduces the UK to a slave state having to enforce laws designed in the foundation of utter stupidity, whilst not getting a say in the matter. So, as that is pushed upon the UK, with the optional worse decision to continue talks with Turkey, The EU is basically setting a warm fire where the UK can decide to go postal, take the cold Brexit and cut all ties. The tidal wave of chaos that Turkey is likely to bring soon thereafter will make UK the best trade solution for Western Europe and Scandinavia. The document also emphasises that London must refrain from any “action or initiative which is likely to be prejudicial to the Union’s interests”, which sounds nice on one side, but the act that judicially for the UK is the national notice that counts, and that is the setting of any judicial setting in its national origin, it is not for the European Union to set that as anti-Union. Even more pronounced that in itself would constitute another reason for Turkey not to be allowed within the European Union as such. Should that be set aside for consideration, it could invalidate the terms for the UK to abide by, which is a small blessing in disguise.

It is the Financial Times, who in light of Brexit shows that Europe is filled with duality. The economic pressures it faces and the facilitation it requires as it has been playing the monopoly money printer at large for all causes worthless and overvalued. This is seen in several ways. In the first the ECB remained quiet on Mario Draghi and the G30 club, the media has silenced any actions since January 17th. In addition, Bloomberg reported “Mario Draghi said the European Central Bank has no choice but to brace for the possibility that the U.K. will exit the European Union without a transitional agreement“, form my point of view, the 5 pages that the Financial Times initially gave us, and that likelihood is only increasing. Perhaps having a few spiteful children on the Brussels side was not the cleverest of options as I personally see it, but then again. It is merely my view that some of these players want to continue their gravy train, a debatable view to say the least. Even as France has been outspoken and opposing any Turkish ascension to the European Union, there has been a silence from several other players. The fact that the Bulgarian meeting is still on for now, that in light of the Turkey violating international Law in Syria is also light for concern. The Jerusalem Post gives us “Speaking on BFM television, Jean-Yves Le Drian also said there were indications Syrian government forces were using toxic gas against civilians although the UN would need to confirm that“, that might be true, but at this point is Turkey also involved in those actions? Because that is the evidence that matters! You see the quote “Le Drian said international law “is being violated by Turkey, by the Damascus regime, by Iran and those who are attacking eastern Ghouta and Idlib”. His remarks amount to France’s toughest line yet on Turkey’s involvement in the Syrian conflict” might hold water, but only if clear evidence is given that Turkey actually broke international law. You see, from one point of view Turkey was not barred, stopped or told to leave by what should still be regarded as the legitimate government of Syria, as such Turkey ends up having an actual defence against the French claim and that could remain to be an issue. The fact that other papers are voicing the identical quotes does not make this issue more so true, the presentation of evidence does.

So even as Ankara is not meeting some thanksgiving any day soon, it basically soured the waters with the US, France, optionally Germany, Saudi Arabia and a few other members of the European Union. And there was I thinking that only Napoleon was stupid enough to wage a war on two fronts, oh no that Adolf dude made the same stupid error. Anyway, as things go we will see more news soon, because the entire march meeting even as the Netherlands has withdrawn its ambassador to Turkey, we see the Dutch former NATO secretary Jaap de Hoop-Scheffer mention that ‘Turkey is too important for the Netherlands and the Netherlands are too important to Turkey‘, the economic fires are pushed to a higher level, there is nothing like a former official to voice the needs that politicians are not able (read: allowed) to make. The ECB and its gravy train must continue. That is the imperative that the 28 bloc nations are trying to rephrase so that certain questions are not asked. I personally believe that it is all in extremely poor taste. In another source (Dutch Newspaper: Trouw) we see the Dutch Lily Sprangers, former director of the Turkey Institute in The Hague state: “Die problemen zijn geen reden om geen betrekkingen te onderhouden” (These problems are no reason not to maintain relationships), sounds nice in theory, yet when the Dutch fascist JanMaat was about to get elected you (read: the politicians at large) did not follow on that idea to improve options, you tried to silence it to death, when he ended with 3 seats you all united to get that undone. It all seems a little two-fold in the light of the events that are happening.

The Dutch have been trying to improve relationships, which remains valid and they are not the only one, but in light of the 72 non-achievements to get some report going so that they could be included in light of the hostilities shown towards Brexit, gives me the shivers. A club of inclusion tends to be the most dangerous kind, because (as I personally see it) it allows for the utter corruption of ideals that should have excluded parties from the very start.

So then the media reports on the March 26th event. Will I still sound wrong to you, or is that and the lack of response by the ECB on the G30 club a clear signal that a lot of things are wrong in Europe and Brexit might have been the one sane move to begin with?

Did I oversimplify issues again?

 

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A Greek Fatality

Greece is in a dubious place. On one side it is trying to advertise the appeal to invest in Greece, whilst on the other side it is trying to emphasize that discussions with Turkey and its ascension into the EU must continue. We might go with what we see in the AFP, yet there with “ending Turkey’s accession talks would be a strategic mistake that would maybe benefit only for Erdogan“; Turkey merely ended their own options. The rules were clear, you either adhere to certain standards, or you are not invited. The fact that others must give Turkey the umpteenth chance merely shows how desperate the EU has become. So when we see “Turkey is an important regional power and should remain engaged, added Tsipras, but also called on Turkey to respect international law and stop provocations“, we need to remind Alexis Tsipras that he is in not such a great place, so fathering solutions for optional investments into Greece is a slightly too dangerous a game to play. France is in a similar place. With “French President Emmanuel Macron said Turkey remained a vital partner of the European Union and ties should be maintained even if the country had strayed from the EU path, according to a newspaper interview published on Thursday” we see a President Macron that is becoming merely a facilitator for economic exploitation. Perhaps both need to learn the little lesson that many have voiced. “If You Don’t Stand for Something, You’ll Fall for anything“, it is a shallow and sad inheritance that the EU is leaving behind. A place that was high and mighty in what they call morals, whilst they are all about big business exploitation. The entire Turkey endeavour is partial evidence of that. The ignore through inclusion or else, whilst the current members cannot maintain their budgets, have no control over the expedient spending and the EU in dozens of trillions of debt, add to that an ECB that prints unsupported billions per month and we get a very dangerous situation. Reuters gives us in addition with “France’s Macron, a centrist, was elected in May on a pro-EU platform that included pledges to create a euro zone budget that would be voted through by a euro zone parliament and supervised by a euro zone finance minister” we are merely treated to a fantasy, a fairy tale that will not result in any budget, merely less transparency and more spending. It is also a first step to get the ECB with two years of utter irresponsibility of the hook. With “Stournaras said the euro zone should be strengthened because the ECB cannot be the single institution responsible for ensuring the euro zone’s stability nor can it maintain its ultra-loose monetary policy forever” Reuters is treating us to the first whiffs that the ECB plan has failed. It wants some level of contingency whilst not willing to throw the utterly overpaid ECB members in some prison until their flesh rots and their bones have bleached to something that reminds us of the colour white. It is merely a sham, set to get two more issues on the table. The overspending of Greece on the bond market, which will set the Greeks in another setting, which will bring certain facilitators dozens of millions in some bonus and nothing more than that, no solutions or gain towards any solution at all. This whilst adding Turkey to a field of players that we have been very outspoken against. Unless Turkey adheres to some minimum level of standards, levels that have not been met 16 fold, should be barred from the EU table. A collection of nations trying not to see that the game ended, they lost and they are not willing to face consequences. The good side is that as Brexit continues, every continued achievement within the UK will mean that France and Germany will face levels of what might become civil revolt against the hardships the people there will face and the politicians who placed them there sooner and sooner. You see, there are a growing amount of articles regarding the Germans and their new class of working poor. I think it is a little exaggerated, but the truth is not far from there. The US has a growing group of people working two jobs merely to make ends meet, for the most they are barely above the poverty line. Yes, that is right, two full time jobs merely to stay barely above poverty. The nations that is claiming to be in such good economic growth is handling it’s one percent by making sure that the disabling of the lower 40% is growing at a steady pass. The numbers are not that harsh yet, but for the most, that group has not seen clear quality of life improvements for well over a decade and Germany is slowly going into that very same direction. In Germany the poverty group grew by 0.5% in one year. As the news is hiding behind ‘new tools’ and reports, the Financial Times gives us: “I survive but I cannot live,” says Doris, a 71-year-old retired nurse, in the former German coal mining town of Gelsenkirchen. “I have no money to go to the ballet, or even €10 for the cinema. But what really eats me up is that I can’t afford to give presents to my grandchildren” (at https://www.ft.com/content/db8e0b28-7ec3-11e7-9108-edda0bcbc928), it is more than merely a story, or merely a small anecdote. It is the growing concern of many Germans and the rest of the EU is pushing the events under a large carpet, but under that carpet are more and more issues that are becoming visible. Even as jobless rates are going down, poverty rises. As the EU is not giving rise to the dangers that exploitative models like the ‘Uber show’ (and other players like that), we see a growing trend towards legalised slavery. In this Germany is following the trend of the USA, where the bottom 40% of these ‘earners’ have nothing left, no savings, no assets and no future to speak of. In this, the EU has become the one party to ignore its local members to degrees never seen before. So as we laugh loudly at the non-sincerity of people like Mario Draghi, we need to be aware that extremism towards the right is almost a given in whatever comes forward in the next wave of elections.

It is the gap between rich and poor that is becoming the next danger. You see, it surpassed 20% by a fair bit in Germany and only in France is this difference larger, so as President Macron is not able to turn the tide on all the plans he made, we see that the dangers many tried to prevent with quick BS schemes are now at the turning point of blowing up in the faces of all who played this game. Now, we can agree or disagree whether Marine Le Pen would have been the solution, I personally do not think she could have made any better switch, what is an absolute given is that whatever comes next is not going to be that simple. And as more are screaming some ‘balanced’ none ultra-right change, the very real danger is that these speakers will no longer be heard or regarded as some option. In this the Financial Times will soon show how the poor side of the equation will no longer be contributing to the economy, because of health and mere minimum standards. The Greek fatality will come to show us all what happens when non-equality and non-accountability will destroy entire generations as well as any economic options that might have been, merely because greed and exploitation was given too much leeway. A first step in this was shown last week in Greece with “especially the IMF – to push through liberalization as an ingredient for jump-starting the country“, this however is the danger as we see “A five-point agreement, dating to the summer of 2015, between social partners and employers’ groups is already in place, with the highlight being that the specific law (1264/1982) should be modernized, especially in order to preclude “practices of poor implementation”. Conversely, the agreement does not dispute workers’ right to strike and constitutionally protected union activity“, these poor implementations are optionally the dangers to the fact that workers will lose even more rights than they bargained for. As the ECB is about to ‘attack‘ protectionism, we will see a growing amount of ‘entrepreneurial’ options like Uber, that will leave people with a presentation and no reality in a protected way of life. And I mean a certain minimum level where workers should have some protection from exploitation, which is not about to happen. We might agree that Uber was a nice idea, yet when we see that passengers are not insured, that is merely the tip of the iceberg and I am merely looking at drivers that have the best intentions and merely want to make some cash for their family. They are getting less and less; they have to agree to almost insane conditions. Even as we see and agree that Wired and the BBC are giving us an extreme with “London’s latest cut-price Uber rival is being investigated by TfL“, do you think that this is merely one case and the end of it? So as this Taxify is merely one player, hiding behind “it would “always” have lower fares than Uber“, how long until it becomes a wild west? Even as it is stopped operations in London, it is active in 18 countries. So how are they looked at there? How many are part of the EU and how is this so called one EU in any way ready for Wild West companies to make a quick coin and get out after the damage is done? It is that level of failure that we will see in Germany, France and Italy. So as the large three need to find solutions, the quality of life goes straight into the basement and what is left cannot continue. That was the danger from the beginning and the EU and its political branch as it fails yet again. But nobody cares because Draghi and Yellen will blame protectionism and leave the rest to rot (for lack of a better example) as they enjoy 8 figure incomes. It will not hit them.

We can agree that there will be entrepreneurial events, some will find the golden goose others missed and that is fine, but at present as protectionism is low, as poverty is rising whilst there is a diminishing unemployment group, we need to wonder how the EU has failed its Europeans and whilst it will find a deal to remove mere values towards Turkey and tries to facilitate for more markets we see that there is very little left of this so called Economic European bloc of areas. Brexit came slightly too late but it might still be on time to keep British values up and growing, when that is shown France and Germany will run for the nearest exit. That is not a speculation, it is an absolute given, because soon enough the one percent who has had the media at their back, will not have any backing from a group that needs to stay alive and out of the hands of millions upon millions of angry people, people that will demand local solutions from people who can no longer give those solutions, or even give rise to the existence of those solutions. When that happens, Europe will not be a nice place to be for some time. Should you doubt this (always a valid option) that consider that Italy one of the 4 largest economic nations in the EU now has over 1 in 4 in the South of Italy that is in poverty, nationwide it is at 7.6%, the largest since 2005. So as some are in denial, the numbers do not lie and they are growing at an alarming rate, so even as we see news of a stabilised economy, we see that poverty is basically through the roof. Yet Draghi is not held to any of those standards, he keeps on printing money, 60 billion a month, leaving the poverty groups fending for themselves as they are growing. A clear warning that the Greek situation should have given the EU politicians, they basically all ignored it, because they had a PowerPoint presentation stating that it was not so.

The Greek fatality that is soon on our doorstep will force a new way of thinking. Not merely to the creditors, but to hold those in office accountable and prosecutable. The nice part is that in the largest 4 economic EU nations there would be enough votes to push that change, I wonder how many people will reside in EU politics the moment that shift happens. I wonder how the employment contracts change overnight before the legislative change comes through. The last is speculative from my side, but the evidence we have seen so far supports my worst fears.

Bloomberg partially confirms this. With “Eldorado Gold is the largest foreign investor in Greece and its decision comes as the country, which is working on creating a sustainable path to exit its bailout program, tries to lure foreign investments”, yet with ‘delays in acquiring routine permits’ we see that in the years that Syriza has been in power, the simplest parts of infrastructure arte not in place. We see (at https://www.bloomberg.com/news/articles/2017-09-11/eldorado-s-greek-suspension-threatens-country-s-investment-image) that the government is failing in more than one way. With “I’ve been with Eldorado since February and CEO for five months and I haven’t had any hostility from the government, but just haven’t seen progress on permits”, we need to ask serious questions regarding dropping oversight from Greece, whether the Greeks should be allowed on the bonds market at all. You see, if you allure investment without infrastructure, you have nothing. That is the short and sweet of it all and the players in this debacle are talking a lot and not doing anything. Tsipras did not merely fumbled the ball, he forgot that he is on a playing field, he forgot about the dimensions of this field, he forgot about the referee in this and we now see that he is not aware on the rules of the game to participate. A failing on four fronts in one go, in this they claim to be ready without oversight on creditors? Who are you kidding here?

In this we see even more failings from the ECB and the EU, because in the oversight of the funds given to Greece, we see that there was no proper setting for even the largest investors, giving us the clear path that the EU failed even more because they had to be on par with all this. If not, they have given up their right to existence in all this. They could be regarded as the useless pegs that hold up the virtual tent, a tent that only exists in the minds of the Greek governing party and as such, as the tent is a virtual and exists in only their minds, the pegs would actually be redundant. It sounds harsh, but that is the clear evidence that Bloomberg is giving us. So as we now see ‘Shares in Eldorado have fallen 52 percent in the past year and were trading down 6.5 percent at 09:44 am local time in Toronto’, we can argue that Greece and the Greek government might be regarded as liable for a lot more than they anticipated. As such, what other projects would fail and what will the fallout be from these losses? Jobs, income, visibility as well economic progress, all lost in an instant because the Greeks were not ready to commit. It is a Greek fatality with more casualties than most realise and more will come to the view of others. Even as Reuters gives us that the IMF should commit towards Greece, we now see that such a step is ill advised. Why pour money into anything that will not take the issues serious. Did Greece really think that leaving their largest investor hanging for well over a year would constitute any solution? As such Greece is merely the first, France and Italy have other issues and equal worries, the fact that the EU never clearly looked at certain aspects in Greece gives everyone the worry what else did they not look at, or basically ignore. As such, is Greece merely the first visible fatality? Will we see new references towards Greece? The Greek play could now refer to a version of ‘theatrics‘ as well as a version of ‘doomed economic presentation‘. I will let the English language experts look at that one (just to keep them busy).

 

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30 seconds until death

That is what goes through my mind right now. What happened in the last 30 seconds, whilst American Airlines Flight 11 and United Airlines Flight 175 were heading to their prospective targets? The people who got to call one more time, those 30 seconds. You see Greece seems to be in that very same place. Whilst Greece is under crushing debts and payments, we see ‘Greece eyes market return as debt dispute still simmering‘ (at https://www.washingtonpost.com/business/greece-eyes-market-return-as-debt-dispute-still-simmering/2017/06/28/3c3124c4-5c14-11e7-aa69-3964a7d55207_story.html). When you see quotes like “Now those so-called yields are tumbling, a real sign that investors think lending to Greece is a viable option. Once Greece is able to borrow markets in the bond markets to fund its debt repayments, then it won’t need any more bailout cash from its creditors” you would see that Greece has reach the end of the rope and the financial institutions are ready to make one more killing in bonuses before killing of Greece.

So as we read: “What happens in the longer term is still the subject of heated debate“, we do get introduced to the fact that Greece will be adding debt to the total crushing debt it already has. It reads nice that we see a feigned humane IMF with “The IMF has stayed out of the current program, Greece’s third bailout, arguing that European lenders are setting unrealistic targets for the Greek economy instead of considering more generous debt relief“, you see the issue is that the lenders are commercial institutions, the IMF is not getting involved because it is money down the drain. We all know that. As far as I can tell, the next two generations will still be in an atmosphere of not being able to have a decent life. The second part “if the gap had narrowed, Delia Velculescu, the IMF’s top official for the Greek program, said: “We’re not there yet.”” So, even as the debt gap is not being traversed, Delia Velculescu knows that it is not happening. Yet new bonds will get out. And as I was attacked on that my premise was wrong, we see “She said it was “simply not realistic” to have Greece run a budget surplus after debt and interest payments of 3.5 percent of annual GDP over the coming few years, and 2 percent for the decades after” a statement that is misrepresentative, yet from that we get some figure, when the last GDP was set at 195.2 Billion (2015), that means that Greece will need to cough up 6.8 billion annually and 3.9 billion, which is merely the interest on the outstanding debt, for decades annually thereafter and that is only if the elected individuals don’t take a shortcut and borrow themselves in a corner all over again. And all this is coming from a population of 10 million people. So how many of them are paying taxation? How much taxation remains for the infrastructure? Now that we see the fallout gone, we see that the Greeks would have been better off outside of the Euro the moment they had that option. Now it will soon become the anchor that drowns them. And as the population ages, the tax incomes will dwindle even further. From my reckoning, their best position was 2 years ago, now as the curve of retiring people increases, the Greek government are in a pickle with no actual solution. There is every consideration that being a politician or a governmental official in Greece is soon to be the least wanted job in that nation. As I see it, the Washington Post gives us a story with caution, one that is more than a drama about the death of a nation. In addition, there is one element we all forget about. The element is Cyprus. Now, there are no real hopes that the Cyprus edition gets resolved, for the mere reason that the Greek part of Cyprus ads to that Greek GDP, as such Greece would never allowed it to be independent. Turkey might be in a similar state, but here it is about Erdogan’s need for territory. None will budge an inch, so as both sides are talking (read clashing) in the Swiss resort of Crans-Montana, we have to consider how this plays out. As I see it, with the current president of Turkey, it is entirely likely that a replay of the 1974 events will happen. That truth is partially shown in a separate Guardian article where we read: “Overall there is a sense that Turkey does want a deal. It knows it could gain a lot of goodwill out of it,” one well-briefed source said. “It’s going to require patience. The Turks tend to stick to their guns until very late in the day“, that is a likely scenario. I am more in a state where I expect things to be quiet for 10 days and after that Turkey does a 180 degree on the policies they were considering or might have implied to agree with. They are hoping the rest will not go to war over the 180 as there are too many issues playing for too many other nations. Turkey is not known to be a considerate nation; the entire escalation of Qatar is evidence of that, as are their actions in Kurdish Turkey.

The next part is weirdly enough from the Express, it was not my first choice, yet they make an interesting claim that I have not seen brought out anywhere else. The title ‘ECB WARNING: EU on BRINK of being ripped apart as Greece, Spain, Portugal inequality grows‘ is a known event, yet this was always going to be the case. In addition, we see two quotes of the EU favourite spending person, Mario Draghi. He gives us “ECB chief Mario Draghi claims inequality driving problems across European Union” and “Mario Draghi has warned jobs must be created across the EU“, which is exactly why we wanted him to stop spending 60 billion a month, money that was for all intent and purposes created out of thin air. He sounds all nice making the claim that ‘jobs need to be created’, yet when there is no economy, jobs cannot be created and the Greek solution where nearly everyone works for the government is also not a solution. The final gasser is given with “Policies in single member states will also help to bridge the gap, he claimed, asking individual leaders to propose better income and wealth redistribution policies“, the man who has been the centre facilitator for large corporations and set the astronomical income for financial institutions to debate ‘wealth redistribution policies‘. I can compare it to a man walking into a brothel where all the girls ask him whether he saw their virginity, because they lost it somehow. As far as I can see it, he is raising these issues as factors that will instigate fresh recessions, this is why he claims that the “The ECB’s ultra-easy monetary policy, designed to strengthen Economic recovery, was defended by Draghi. He said super low rates create jobs, foster growth and benefit borrowers“, the entire mess is what keeps the banks running, not the people. In all this Greece is in corner wearing a dunce cap. The fact that Mario Draghi made the claim earlier this week that Greece will not join the Quantative Easing program (QE) shows that the ECB has no faith that the Greek issues will be resolved, so as I personally see it, Greece would be allowed to sell more bonds just to push the percentages up again, which is not the view of a restoring economy, merely the near death of one. They are getting out of Greece what they can before it is too late. As you will see the news that Greek bonds are back, consider the question, who will be receiving the 4% sales commission and walk away whether it collapses or not. 80 million over a 2 billion bond hike is still a lovely sum, it would keep me in Ouzo and Raki for the rest of my life, which is unbalanced in more ways as the Greek population will be left without such options for 2 generations to come.

The news actually intensifies as per today, the NY Daily News (at http://www.nydailynews.com/newswires/news/business/greece-planning-return-bond-markets-ecb-article-1.3287503) , the news has become this desperate for Greece and the Greeks. The quote “Greece will return to financing itself on international bond markets with or without the support of the European Central Bank’s bond-buying program, the country’s finance minister said Thursday”, this will merely create chaos and the moment the bods are sold, the percentages will go through the roof. So as we now read that the ECB is not giving any support to one of its members, does anyone out there still doubt the need for Brexit? In my view Greek Finance Minister Euclid Tsakalotos is playing a very dangerous game and the only one he will hurt for generations is Greece and the Greeks. So when I see: “What we need to do is ensure that the investment community knows there will be a program of access to the markets”, which is delusional, because Greece is no longer a player, the previous administrations made very sure of that. Unless you find the next truly new idea, Greece is no longer a player. The Greek governments (past and present) made sure of that and the weird false information we see in some cases have been false nearly 100% of the time, this is not a great track record to rely on. The entire move of upgrading Greece to ‘Caa2’ was a mistake. I wonder when other EC governments demand that Moody presents the raw data and the findings on the entire upgrade process. How many holes can we see in that assessment? Do I need to remind you all that Moody was one of the so called ‘key enablers of the financial meltdown’? At https://www.gpo.gov/fdsys/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf we see: “Moody’s put its triple-A stamp of approval on 30 mortgage-related securities every working day. The results were disastrous: 83% of the mortgage securities rated triple-A that year ultimately were downgraded”, that is the same place that now upgrades Greece, whilst the last time Greece went back on the market it became a disaster and someone ended up with a 50 million bonus. So is that the source of acceptance? In all this we also see Nasdaq throwing speculative fuel on the fire with “There was some speculation about a rating upgrade, but what was really a surprise was that positive outlook, giving a chance for another upgrade” (at http://www.nasdaq.com/article/greek-10year-yields-hit-lowest-since-2009-after-moodys-upgrade-20170626-00205), so based on what is that, because Greece basically has no future, not with this debt. Can we allow the European Community to sit idly by proclaiming to be one whole continent whilst it hands out trillions of euros over these two waves of unadulterated spending? A spending that is not based on inferiority of substance, yet 100% flawed. In all that spending Greece is not considered, they must rely on the exploitative vultures of the Bonds world. As I personally see it ultimate proof that Greece is being fed to the vultures. So whilst we read about Mario Draghi mentioning ‘wealth redistribution policies‘, we see that Greece is taken out of the mix. Is that a Europe you signed up for? The United Kingdom did not and it is moving out. As France decided to trust an investment banker as president, they now lost that option to seek an actual national identity. Even as we see reports that Italy is moving away further from leaving the EU, there is no doubt that the coming year will be crucial to Italy. Apart from a collapsed banking system, the pressure due to refugees keep on upping the levels of pressure in Italy and as  such something will buckle, it is merely a question of time, yet how this will unfold cannot be stated at present, it is an unknown. No matter how this plays out, it will not make issue better for Greece, it merely will push economic opportunity down as European pressures mount, the inequality in Europe not being the smallest of issues. That view is enforced from Spain, even as the economy rises slightly, we now see reports from Madrid giving us “under-24s earned on average €11,228 gross, a 5.1% drop on the previous year. The 25- to 29-year-old range earned €16,064, a 1.6% fall on 2014, while the 30- to 34-year-old group earned €19,597, 3% less than the year before. Finally, those aged between 35 to 39 were paid €22,397, a 2.3% drop on 2014”, so as a few more people enter the work force, they end up getting less than the ones they replaced (source: El Pais). This will also drag the quality of life down more and more as the cost of living is still going up. In all this Greece is passed by on both economy and quality of life. It is another piece of evidence that the speculated foresight for Greece was wrong and incorrect and I fear for the Greeks who have to pay for the fallout that follows the next bond ‘rush’.

 

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