Tag Archives: Germany

September 14, 2019 · 11:33

That one sentence

You have all faced it before, the moment where that one sentence stops you in your tracks. I am not talking about the sentence a partner states when they come with ‘If you get naked now, we can have sex‘, most people jump at that point. No, it is the ‘if you value your life‘ moment. It is not always a threat, and more important, it is not a sentence that is an imminent danger to you, that would be a reaction as well, but one of another kind. It is the sentence that makes you realise just how dangerous the stage is. I saw one today that came from Warsaw. It was an opinion piece, but the issue is not that it was an opinion; the issue is that this opinion is shared and it shows just how essential Brexit is to the UK. Besides the two failed stimulus events and a new one rolling off the bankrolls as we speak, a third, or perhaps more accurately stated a second mistake in a three part plan that goes nowhere. We now get that sentence ‘The Financial Times editors, heads of German business and many economists argued that Germany should start spending which it does not intend to do‘ this sentence is dangerous and idiotic, there is no relief in spending more, there is no relief, not merely because a government spends more, it is idiotic because Germany has a debt that surpasses 2,250,000,000,000 €, more important, their debt increases almost €2,000 a second. So every person in Germany has a €27,500 debt to deal with. A nation in that position is not in a good place and needs to reduce debt, but the deception and the brainless issue is that Europeans are all in a stage to take on more debt, whilst the ECB is playing with trillions in stimulus. That danger is too large and leaving the EU is the only option to get a handle on the debt every European faces.

The danger that these exploiters face is that the UK can pull it off, and when the first economic victory is scored. all those EU members will stand still and look at how they can pull it off, the people behind the scenes, the people handing us this contrived stories will then have to report to the large corporations and the custodians of the European corporatocracy that they have failed and they will no longer matter or be considered valued. That is the larger game and whilst the UK moves closer to proving that point, others keep on fear mongering as much as they can for as long as they can. Yet the dangers are becoming real and they are increasing in visibility. The Local in Germany (at https://www.thelocal.de/20190913/should-germany-give-into-pressure-and-boost-spending-to-revive-europe) gives us: ‘Should Germany boost spending to help revive Europe?‘, yet its economy is slowing and they are close to a €2.5 trillion debt. Still, for the economic value of Germany it does not seem much, but it is not a multi-billion valued debt, it is a thousand times worse and people do not seem to get that this debt pushes nations towards a corporatocracy where the banks and corporations are in charge and that danger is not understood anywhere, except perhaps the boardrooms of the Fortune 500 and they are extremely unwilling to explain it to you. As we see the stage of corporatocracy growing, we should also notice the lack of media looking into that matter. I would state it is because the media aligns with Shareholders, stake holders and advertisers and corporations are in charge of all three. So in a stage where we see: ‘a day after the European Central Bank warned it had reached the limit of its powers to avert recession‘, we get two things. The first is the stimulus that is coming, and second German Finance Minister Olaf Scholz gets the news: “Germany faced renewed pressure on Friday to boost public spending and help revive a sputtering European economy“, neither will solve anything and there is now the crux, because if the UK exits the EU and gives a real first sign of improvement (which will be year 2 or 3 after Brexit), we see a change, Germany will anger to a degree not seen before and the German population will demand Gexit, AfD (Alternativ fur Deutschland) is already pushing in that direction, but it is not powerful enough, the first UK signs will push it to such a level that Gexit would optionally happen overnight. That is the problem for the fear mongering lot and they are scared because Brexit is still on the road, and the second problem is that it will bring a better stage to the UK, which also means that Germany will get out as fast as possible. At that point the EU can no longer continue, with three trillion in debt it will collapse. I had actually expected for France to leave as a second country, yet with France electing an investment banker, that danger was temporarily averted. Now as Brexit is in a higher stage the Germans start looking at the ACTUAL issues and FACTUAL problems and benefits that the EU leaving stages bring, it is the one part no one had considered to the degree they needed to. Fear mongering remains a virtual issue and the real facts are not in line with the fears created and now that this void is becoming visible, a lot more people are realising that they were played and that will give the entire EU collapse a speed boost, but in all this, it is the UK that pushes what happens next, that is why we see UK Labour cold calling on every door with some hilarious moments (at https://www.thesun.co.uk/news/9924096/homeowners-brexit-rant-terrorist-corbyn-democracy-labour-caller/). Yet they are merely stalling and buying time, at present Labour has no political power to their position, Jeremy Corbyn and his stupidity destroyed the Labour party, so he decided to openly support (read: hide behind) the remain groups. It is a valid strategy, yet the truth is also that more and more people are aware just how dangerous remaining has become and the British people have one full faith, they have full faith in Britannia and in that setting there is no EU, large corporations never understood that, it is not Wall Street, so they cannot comprehend.

So there we see it all and this all started with that one sentence: ‘Germany and others need to spend more‘ and when we see the debts rising and rising more and more people realise the one urging thought ‘Why on earth would we want to do that?‘

The smallest level of consideration would have been given if the second stimulus has shown levels of victory, it did not and now we have and a €3 trillion debt and no restored economy. The truth does not come from economy, it was Albert Einstein who gave us: “Insanity is doing the same thing over and over again, expecting different results every time“, it is the realisation of that truth that is now sinking in and spending more and more helps corporations, it helps banks, it does not help people, and that truth comes clear when it all collapses and all the pensions stop existing. That will be the next step and still the ECB will remain in denial, this entire matter is staged around organisations and gravy trains that have no bearing on our economic benefit or our economic long term stability. It serves them and the members of their teams, and more people are figuring that out.

As we are brought more and more revelations on how there will be a new recession, we see others come with news, fake news, bad presentations and so on. The Guardian in 2018 gave us: ‘We are due a recession in 2020 – and we will lack the tools to fight it‘, the recession is still coming, the tools are not there and more debt is coming in at the same time. This was always a formula for bad tidings. More important, it will hit Europe and the US both to a larger degree. It will not be a 2008 event, but it will be bad and as I see it, as Germany has the best economic position as their debt is merely 60% of GDP, they have the best chances to get through it all. The UK follows after that, yet they too will be hit and now we get the kicker, if Brexit has been completed, the drag, the huge drag that the UK would get because it had to tend to the 27 member states will no longer be there, so they can rise faster and sooner. That lesson, when we see that in reality will be the trigger for Germany, France and Italy to get out as fast as possible. It will end the EU, it will make a lot if issues messy yet it is only after that that a global economy can be grown in proper ways.

This was not a mystery, this was not a consideration and it was not a devil plan. It was merely that application of nature. Consider that any economy has high tides and low tides that is how it was, like the seas they have an influencer. For the sea the larger influence is the moon. There is nothing we can do anything about it, yet these tides are also regular, so for a larger part they are predictable. Now consider that tides fall away, on a planet with 24 time zones, we decided to place 4 of them in one group. Then we decided to nullify the tide (which was unnatural) and now we are all screaming that recession is our bane, it never was, economic cycles are as normal as the tides and we all face high and low, it is not something that corporations like and they designed a way around it. They failed, nature always finds a way and that is where they are now. They want to stall as much as they can and they are willing to sell 500 million people in the EU down the drain to keep their profits, and now as we all realise that these times have come and gone, and as we realise that debt helps them, it does not help us, people wake up and decide to find a way to end their struggle. It will be a long fight, but at present we could win it and end the EU cycle called corporatocracy, the nations, their monarchies and republics get to win. There will be a mess, it will not be pretty but it will get better.

So what one sentence woke you up today?

 

Leave a comment

Filed under Finance, Media, Politics

Tagged as , , , , , , , , , , , , , , ,

September 13, 2019 · 14:18

Buying into USM Inc.

Forbes gave me the news that actually made me livid. I understand that it is done; I can to some degree even accept that it was done, but it angers me, it is beyond acceptable. It shows that we have aligned with a bully for far too long and if I had to try and be diplomatic (which I will not do) is that in this stage is that current President Donald Trump is the biggest piece of filthy shit in the history of mankind (with well over 5000 years of examples), his existence should be regarded on the same level as the essential extinction of the Neanderthal (and equally as long overdue).

Never before have we needed to be so ashamed of a nation (the United States) who through bullying and fear mongering set the stage of exploitation, gave rise to non-elected officials to exploit systems and demolish our way of life. For the first time in history the United States is the largest danger, larger than Russia in the cold war ever was.

Why?

The headline ‘Huawei CEO To Sell Entire 5G Technology Stack To American Companies In Shock Peace Offer To Trump‘ gives rise to a stage where the flaccid and useless technology sector in the Unites States have bullied others into handing over the IP they never worked for. Iteration and complacency got to score a victory like VHS replaced a superior Betamax through the application of mass marketing.

So when we get the quote: “In a shocking move, Zhengfei Ren, the CEO and founder of Huawei offered the ultimate olive branch to the Trump administration: Sell all of the Chinese telecommunications giant’s 5G technology to American companies. The surprising offer, which was reported earlier this week by New York Times columnist Thomas Friedman, would essentially allow the U.S. to finally get in the race for 5G supremacy which is now dominated by Chinese firms Huawei and ZTE, Ericsson of Sweden and Nokia from Finland“.

Should actually be phrased as “American companies that have been unable and became too incompetent to innovate mobile opportunities saw fit via the bullying of the current tenant at 1600 Pennsylvania Avenue NW in Washington, D.C. to bully innovators to hand over technology for mere cents on the dollar. Its approach and tactics that would give regard to consideration for Nazi Germany to be seen as a humanitarian organisation has created a state of uncertainty in all of us and has given view to the unacceptable acts from companies and their unwillingness to face up to their own stupidity, which has now forced Chinese to seek an unacceptable point of view, whilst at present the pharmaceutical industries in America are still willing to destroy what was once the cornerstone of innovation, that same tactic of iteration has shown to be the downfall of American Technology and as such America has become a nation that should no longer be regarded as the leader of the free world, but merely an existing vulture to strengthen and prolong exploitation“, I hope that I was clear here?

As such, I have no chance of my own IP, yet I can prolong the cloud of stupidity in America to hand over all my IP over to Huawei hoping that they will optionally reward me, America surely will not and when 400 million small business owners all show the Huawei sign their shopping window, I will feel satisfaction, even if it does not bring me any wealth in the end.

That part was made clear to me when I considered “Ren added that the American licensees will be able to sell their 5G equipment based on Huawei’s intellectual property anywhere in the world, except in China“, I might be able to give Chinese and Middle Eastern commerce a larger boost, giving a larger appearance on how insignificant and trivial American technology has truly become.

I wonder how the EU will be seen in 15 years when the media would start considering to give the actual events the true and correct exposure of what was; when the people realise what a mess the world become due to stupidity and unacceptable support to Wall Street through the American government administrations, when we see on how the ECB with a third stimulus is poisoning wells that were supposed to be protective, all whilst the gravy trains just keep on driving. To be honest, I have never been so ashamed to give any level of credibility to American interests in the near past. The events from the last 6 months alone give rise to the change of venue away from the US, away from the EU and on the condition of a large muzzle on the head of the ECB.

Part of me finds the rage within me uplifting, I have not been this angry for well over half a decade. The article (at https://www.forbes.com/sites/jeanbaptiste/2019/09/12/huawei-ceo-to-sell-entire-5g-technology-stack-to-american-companies-in-shock-peace-offer-to-trump) is short and to the point, and I wonder how that idiot with a bad haircut will degrade news into some form of tweeting victory (the one using @realDonaldTrump); even as we see that Huawei clearly won the European war against the American trade bully, we need to realise that ALL our IP is now in danger. If America can resort to this against a tech giant like Huawei, what will it do to anyone that gets in its way of not being pronounced bankrupt? When idiots of that calibre remain in denial of their national debt of well over $22 trillion, with no chance of resolving that debt, when it ignores the never ending exploitation by ‘Big Pharma’ and when Wall Street is not held to account on their actions, we are no longer free, we are merely pawns in a corporatocracy and America is actively dragging Japan and the EU with itself so it can present and delusional consider itself as remaining afloat.

Holy cow, I am so angry today!

you see, I was always of the mind that in this world, in this technology the most innovative one would win, and that it would be a harsh lesson for America to learn that iterative companies could merely exist, but would remain inferior below the true innovators, the fact that we see that this is no longer the case and we remain ruled by foul mouthed bullies is a reality that overwhelmed me to the largest degree. Even now earlier this week when Brad Smith, top lawyer to Microsoft hands out that the Trump Huawei ban made no sense, we now see the truth of the matter. It was merely mind over matter, China initially did not mind, because America did not matter anymore, how wrong we all are! We are being played by the bully and everyone dances (especially the politicians).

It merely gives rise to the fact that we have no freedom, we have no rights, and the rights are only there where corporations accept us to have any. Be honest, how many of you signed up for that? That is the real danger of a corporatocracy, in that stage your right to exist and your rights as a person are linked to how profitable and applicable you are in its workforce. You are either a consumer and an asset, or a liability and a burden (or was that the other way round), at that point there are no equal rights, when you stop being part of the gains spreadsheet of corporations your value becomes nil and that realisation will be scary soon enough. It goes beyond mere age discrimination, race discrimination or religious discrimination, it becomes populist acceptance, the consumer, the user and accepting and paying individual is in the populist group, the rest is not, it is an accelerated and extreme version of those who have and those who have not, those who ‘have not’ would be removed from life, support and consideration.

If we take a step back then I would agree that I was not happy that China had won the 5G fight, I preferred it to be European players like Nokia, yet I accepted it as I clearly saw 4 years of pure innovation by Huawei. Apple with it proclaimed innovation was merely iterative and yes Samsung did have innovations, yet Huawei won and technology leaped forward, to see the events that followed, instigated by a loser named America was just disgusting.

If I had one wish to be granted, then it is that every fear mongering journalist, politician, technologist and reporter who pushed for the fear mongering of ‘Huawei spy risk‘ would be engraved on a monument that showed how these people are too unacceptable to be allowed to exist in this world. I prefer them to be hung, but their actions are not illustrated in any Criminal law act, so that would be an illegal action, and I still believe in the law (for now). However, just like we hung every German in Nuremburg who had the default defence of ‘Befehl ist befehl‘ , we get to engrave the fear mongering and misrepresenting facilitators named on a monument (preferably in the form of a flaccid penis) with the consideration texts on a brass cock ring stating: ‘Most stupid person on the planet‘. People who will hide behind ‘I was misinformed‘, ‘I was led to believe‘ and: ‘this is what they told me‘. People like that should not be allowed to carry titles like ‘Journalist’ they should never again be allowed to be part of news publications and never be given the consideration of credibility ever again.

That part is also seen in Forbes when we see: “U.S. companies would be allowed to modify as they see fit the software code used to run any of Huawei’s 5G equipment or even change it and use their own. That way, they will be able to avoid any fears that the Chinese company might be able to access these licensed American made 5G telecommunications gears to spy for the Chinese government“, it gives Huawei additional consideration, especially as the entire Chinese government spy part was NEVER proven, or clear evidence was ever presented to that effect.

Wow, I am still angry!

It bleeds my heart that we (mainly politicians) gave in to America in unproven ways again. Just like there were no WMD’s, there was no Chinese government espionage evidence. This level of injustice and the way some players got here makes me sick to my stomach and there is actually no chance that this feeling will improve over the next day. Too many people will soon realise that they have been pushed into a state where we were treated to the presentation of the United States Manure corporation (USM Inc.), all sold via corporations and too many players were eager to deal this stuff to the populations at large like they were golden covered chocolate truffles.

 

Leave a comment

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

Tagged as , , , , , , , , , , , , , , , , , , , , , , , ,

September 3, 2019 · 11:05

Anacusis through silence

This is about an article I wrote on June 2nd 2018, the title ‘Cheese Pizza with Oregano‘. The story (at https://lawlordtobe.com/2018/06/02/cheese-pizza-with-oregano/) looks at the finance situation that the big 4 face. With Brexit 7 weeks away that premise is becoming a lot more important. You see the big 4 (including the UK) had a lot of debt, now the issues for the UK do not dwindle, yet the other three are in a less savoury position. As sources gave us then we see: “Spain will have refinancing requirements that exceed €300 billion per annum before 2022. In 2018, 41.2 billion euro, in 2019, 82.4, in 2020 83.9 and in 2021 58.5 billion euro, with 60.4 billion maturing in 2022“, the second part is not Spain, it is Italy where we see: “4 billion euro maturities in 2018, 161 billion in 2019, 164 billion in 2020 and 172.5 billion euro in 2021“. Bloomberg (at https://www.bloomberg.com/opinion/articles/2019-08-29/conte-s-five-star-democrat-coalition-offers-italy-respite) gave us last week ‘Italy’s Unlikely Allies Offer a Brief Respite From Crisis‘, a brief respite is not a solution and there well over a quarter of a trillion Euro to refinance in Europe alone. Where is that coming from? You see Italy is merely one of three players that is in the deep waters, I have no numbers on Germany, yet Spain is in a similar place and whilst we thing that there is no issue, there is. Two nations represent an outstanding invoice totaling €250,000,000,000 due in three months and there is no real solution (as far as I can see it). Refinancing is fine by the banks; with the added interest these two nations will sign an addition burden of no less than €2,500,000,000 and optionally close to twice that amount. This implies that in the two nations every person adds between €24 and €50 to their debt (read: taxes) just to pay for the increased interest. You might not think this is a lot and over a year it seems little but EVERY person in Spain and Italy must pay it, no exceptions and it is merely to pay for the additional interest on the debt, not the debt itself and next year it will be about twice as much and with the outstanding debt still there (I am ignoring the debt of 2018), in 2019 people will have to pay between €75 and €150 each, young, old, it will not matter. So how large is the percentage of people that have to face this invoice and have no means to pay it? Those having to live below the current poverty line is clearly one of these groups and it is not a small group. We all are placed in denial of outstanding bills because the media seemingly ignores it. I gave warning to this in 2017, I reiterated it in 2018 and now the issue is on the doorstep, pushing it forward one more year will make it all come apart. It is the clear stage of deafness through silence. If we keep silent, it goes away. Well, there is some news for you. Anyone who ever faced a debt collector can tell you, it never goes away and that feeling of hardship can follow you up to a quarter of a century. And all this is negating the French situation. Germany is in a much better place, but when the recession hits it will deteriorate and in addition, Germany is seemingly tired of carrying the burden of irresponsible politicians. And when it comes to France, I personally wonder how much Credit Agricole gets to pocket this time around (perhaps you remember the Libor scandal). I agree that Credit Agricole was not alone in this, yet this time around Deutsche bank and Credit Suisse have additional problems and they are not in a position to get caught with their fingers in the cookie jar (or is that fingers in the cocky jar?)

the problem is that these people tend to not learn, in addition, the wealth tends to outrun the fine by a fair bit and that is where the problem lies, the issues of debt needed to have been negated harshly a lot sooner and these governments pushed it forward again and again and this now directly interacts with any additional stimulus, because Spain, Italy, France and Germany (Germany a lot less) will get to feel the pinch on both ends of the pliers, the Stimulus branch and the refinancing branch. The UK is not out of reach of it all, but as it is on the way out it cannot be held responsible for a lot of these upcoming cost and the remain group just does not realise how much money is added to the debt in that way. It was the biggest issue that mattered and it has arrived at the front door of the UK, The Brexit door avoids that issue that was part of the larger problem all along. And now 12 of the 27 nations are eager to say yes to whatever infusion they can manage also becomes a worry, as they now face a much larger share of that expense, so they are complaining as loud as possible.

Even now as we see the Coup D’état message of: ‘Brussels would reluctantly agree Brexit extension if rebel MPs succeed in preventing no-deal‘, and other messages of delay, the delay is essential for Europe because they decided to remain in denial of Brexit, for three years these EU people got fat wages and remained possum, so now we see a larger issue. What use is the EU when it cannot contain any control over the irresponsible spending of the ECB? What use is the EU when the players have shown an inability to get a proper budget? The problem is actually a lot larger. You see the next part is speculative and I cannot prove it, but bare (or bear) with me. It connects to the IMF Data produced for the year 2018. Now we can agree that there is always an interaction. There is expected positive and actual positive. My issue is that EVERY nation in the EU gained (actually except Turkey). All are gaining, now we can agree that most might have had a positive impact, yet when we look back at the news we see: “The weaker end to the year weighed on the economy’s performance in 2017 overall, with growth revised down from 1.8% to 1.7%” (the Guardian), “Britain’s economy slowed to a virtual standstill in the first three months of 2018” (the Guardian), “It felt as though the sector was losing its lifeblood this month as Brexit worries continued to claw away at confidence, new orders and business margins” (the Independent) all these bad news linking Brexit, all whilst the IMF data shows that nominal GDP numbers for the UK went up by 7%.

IMPORTANT

Now there are two important parts here. The first is that the metrics are not the same, yet the premise of one side claiming that there are losses, the positive is down, yet the year before the IMF showed that the UK GDP went down by 0.011% the numbers make no sense, we are thrown between different metrics and those different metrics do not reflect the battering news again and again. The people are being handled with data that is not reliable and that part is obvious not reported on. Just like the news three years ago that the IMF reported that UK austerity was a really bad idea, something that they had to retract later on. The second danger is that the GDP is a lot more complex, yet the premise that the UK economy is so bad, so less good and growing so much less so than before the Brexit ‘threat’ is not seen in a -0.011% versus a plus 7%. Even I agree that 7% is way too positive, but these are the reported numbers and they do not add up, not compared to the media and all the anti-Brexit reporting.

This comes to blows when we see the issues in the other large three European players. In addition, the setting ignores the fact that the medium economies (Netherlands, Belgium, and Sweden) had been doing a lot better. Their economies might be ‘too’ small, yet their good venture might reflect to Eastern Europe to a much larger degree. Merely agreeing with the big four is seemingly folly too.

Oh, and before I forget, we can now also consider the forceful removal of any politician in the European economic field if so desired. They can be fired without any legal repercussions at present. The EU enabled us to do that when they decided to label the no-deal Brexit as a major natural disaster. This works for the remain as well as the Brexit group as the ECB was the biggest flaw in all this. When the Coup D’état works in the UK, we can demand the immediate firing of Mario Draghi and his ECB associates (read: cronies). If the economy is seen as a natural disaster, those setting and prolonging the stage of a natural disaster are wielders of that natural disaster and as such should be pushed out of office without pay.

I wonder if they thought that through, I guess not. I hope I did not oversimplify matters here 😉

 

Leave a comment

Filed under Finance, Politics

Tagged as , , , , , , , , , , , , , , , , ,

August 29, 2019 · 14:33

Dimensionality

There is growing unrest and growing movement. People are changing and relocating. It is all about Brexit. We see the news; we see the blips and the funny quotes. This week the funny moment was a Scottish girl who would not accept the outcome of the Brexit referendum, because this was a democracy. OK, we all have moments and that was a golden one, no doubt about it. I am pro Brexit, not because it is a great idea, but because the ECB did not leave us an option. The irresponsible spending by Mario Draghi with his stimulus got the EU €3,000,000,000,000 in additional debt with no hope of resolving it within several decades. Now with another recession on the horizon, the EU member states will learn the hard way what a recession does when there are no checks, balances or reserves available so this time around it will strong to the largest degree.

Yet, that is not what this is about. We see part of the issue (at https://www.euronews.com/2019/08/26/nearly-100-companies-move-to-netherlands-ahead-of-brexit-dutch-agency) where “Nearly 100 companies have relocated from Britain to the Netherlands or set up offices there to be within the European Union due to the United Kingdom’s planned departure from the bloc, a Dutch government agency said on Monday” It is a move that might seem nice, but there is a hidden trap in all this. These players are shifting to a nation (whichever nation), and whilst they think that setting up shop in the EU with its 513 million people was a good idea, that number still includes the UK and after the switch they are vying with other competitors for 444 million customers, whilst they left the 69 million people they already had. Germany has 82 million, France, Spain and Italy have less than the UK as population, implying that they are a smaller pond to fish in. The issue is not that they are all part of one EU, they are well over 20 member states, all with their own little local laws and that is what these people forgot. They walked away from 69 million UK consumers and now others can grow in their place.

This is not always the case, but yes, to the largest extent, these 100 companies have moved house leaving opportunity to others. Would you remain a customer of (example) Lloyds insurance when you have to connect to the Netherlands for your insurance? When the ‘main office’ gets involved all little quirks come out. We saw it in the past and we will see it in the future. A large block of people will vacate and seek local representation that is how people work. And it all sounds nice to have the new office in Amsterdam, but that market is pretty saturated and even if it was not, The Dutch have their own language, things will take a beating and those vacating British shores will face impact and reduced clientele, as well as diminished exposure and opportunity.

Feel free to remain in denial, just remember, you yourself are your own best example. For the bulk a lot will seem the same, you get your Netflix, you get your amazon and you get from Google what you need. These are true global players. Your services will alter, your goods will be localised and your financial needs will be locally catered. That was the path everyone ignored, it was the path that would always impact. Listening to European politicians was never a good idea and these players will face that certainty soon enough.

When we look at the quote: “The businesses are in finance, information technology, media, advertising, life sciences and health, the NFIA said” you think you have a good deal, but do you? Finance? Banks are local, mortgage tends to remain local and a whole host of options was always available globally, that never changed and those trying to skim more lucrative deals will soon learn that others will vie for the 69 million Brits needing services and they will adhere to local markets. IT, that will not change, it is an import market and moving out of the UK was never going to be a larger issue, yet losing a 13.5% market to other players is never a good idea. Those who relocated against those who opened another office for the time being are going to see things very differently soon enough and once these 100 companies see that the shift out of the EU will start to pay off much better in years 3 and 4 for the UK. At that point the momentum in the plus will start stronger and that results in better investments and stronger needs for these 69 million consumers. The problem is that once out of the UK these players will find it much harder to get deals done as there is no local representation. It will be a lot more expensive to get and retain British customers. The lessons learned the hard way 35 years earlier will rear its ugly head once more.

More important, the additional Stimulus cannot be pushed onto the UK so the other member states will have to pays for that, taking the UK out of the decision stream allowed for that change and now a large chunk of that €3,000,000,000,000 is now all on the other players (mostly Germany, France and Italy) and they will not like that one bit.

Yes, I acknowledge that there are some situations that have an optional advantage, but the larger extend falls away as those people are truly global and moving out of the UK merely implies that 13.5% of the total EU customer base is now not on their income path, it needs to be an alternative path with jumps, kicks, levels and springs. It lowers their revenue margin giving them additional worry down the road to please their shareholders and that is beside the point that they lost out on 13.5% of the entire EU market.

Now that the Queen has accepted the plan to suspend parliament, we see outrage, at this point a lot of 11th hour plans for people to make some Bremain move are no longer an option, now the panic sets in and those who have not made a clear investigation on the opportunity that Brexit offers will run and jump the ship, only to learn that they forgot they needed swimming lessons to make it to another shore. So as we consider UK’s largest Joke (Jeremy Corbyn) with “Suspending Parliament is not acceptable, it is not on. What the prime minister is doing is a smash and grab on our democracy to force through a no deal“, to him the message is simple and rather clear: “You had three years to find a solution as the people had elected to Brexit. The childish games, long winded speeches and inconsiderate choices will now cost you dearly” , my personal response is even more apt when we consider the Sun with “Jeremy Corbyn ‘plots coalition of chaos’ as he softens terms for Remainer pact to block No Deal Brexit. Jeremy Corbyn is leading pro-Remain talks with opposition parties to block a No Deal Brexit” only two days ago. As I personally see it, it was a childish attempt to stop Brexit from happening. The math is actually simple. The got nowhere in three years, that means that they are incapable of getting anything done, or they merely wanted to stare Brexit to death, neither option was acceptable and it is time for everyone to accept the stupidity of UK Labour. In all this the EU has acted like a petulant child for the longest time and now that Brexit, optional no-deal Brexit becomes a fact the larger players will have figured out that 69 million consumers are important. The people who vacated the UK whilst nothing was a given have given up their jobs to others, others who will now feel the caress of having some decent money. It is not a great place, but a better place and as the economy takes off as unemployment levels drops with a larger skip, the math of deficit also changes to the favour of the UK coffers. there are more impacts, not all positive, but to a larger extent the UK will have a stronger position in year two and it only reinforces the options for years three and four, making larger waves in decimating debts whilst the EU will get a truckload of additional debts soon thereafter.

It was always about dimensionality and those who could see past the simple top line that he media was hiding behind. The status for the UK will not change overnight, but it will change for the better soon enough and once those running rats (a ships reference) figure that out that they changed a passenger liner for a sinking barge, at that point will we see an interesting demonstration in entertainment and long winded speech wankers (for lack of a better term).

In my view, there is one small additional truth, Jeremy Corbyn might become the Caretaker PM, but merely a ‘Catetaker Pro Mortuarium’, a cemetery where he left the cadavers of his own short sighted stupidity and good luck to him weeding out those graves, it will be a full time task. I wonder how many large corporations are willing to stand behind Jeremy Corbyn whilst we know that those players are only in it to extent the status quo of their required greed. Who could ever support that stage when they can clearly see all the players and what they really care for?

 

Leave a comment

Filed under Finance, Politics

Tagged as , , , , , , , , , , , , ,

August 24, 2019 · 12:34

From trade war to losses

Huawei remains in the news on an international level. Australia gives us ‘Huawei sheds 100 Australian jobs in the face of 5G ban‘ (ZDNet), ‘Huawei Australia says over half of jobs at threat due to 5G ban‘ (ITnews), and ‘Greece opens up to Huawei’s 5G ambitions‘ (ZDNet). For the most there is some level of balance that is going on. We see messages of reprieve given to the US on Huawei, yet the clear part is that there is no way around Huawei. Just like the 80’s when there was no way around IBM. I still remember those arrogant sales people. Whenever they could not answer a question with any clarity (which was more often than I was ever comfortable with), the response became: ‘Sir, we are IBM‘.

It is not limited to one company, CNN reports (at https://edition.cnn.com/2019/08/23/business/china-tariffs-trade-war/index.html) “The US-China trade war ratcheted up yet again on Friday, with Beijing unveiling a new round of retaliatory tariffs on about $75 billion worth of US goods“, this round will hit “25% for vehicles or 5% on parts, and would take effect on December 15th. The new tariffs will target 5,078 products, including soybeans, coffee, whiskey, seafood and crude oil“, this war was a bad idea for America the moment they started it. Yes, there is an impact on China and there is an impact on Huawei. Yet the world cannot go around Huawei. The non-Chinese players were complacent for well over half a decade and the invoice is due, it is an invoice that a bankrupt America cannot afford at present. Moreover, the stage is now sliding away from the American market more and more. As Europe is seeking Huawei to instigate growth, America grows lag time losing momentum more and more. In Europe the issue is larger because it is not one EU; we are looking at 27 member states. The UK with BT gives us: “The investment bank also noted that the Conservatives have outlined an ambition for the roll out of super-fast fibre broadband across the whole of the UK by 2025 but it is not clear how it will be funded or what the returns will be for BT“, a technology years out of date, too much delays, politicising and now BT, a company that was once regarded as a company at the height of technology (some might remember the 80’s advertisement with Tom Baker, the 4th Doctor Who showing us a piece of fibre optics, transmitting the entire bible in one second), the message of advanced progress was clear. Yet in 2018 we see other messages ‘Why most of the UK doesn’t have True Fibre Optic Broadband‘, the setting is a disappointing one and there is a really nice explanation (at https://www.youtube.com/watch?v=DDp9-tSYpU0). The Dutch have KPN, an advantage here is that they managed to put 30% of the British population on 14% of the UK, so they have less distance issues. So even as Reuters gave us last April “Dutch telecom firm Royal KPN NV said on Friday it would select a Western supplier to build its core 5G mobile“, they will be digging a large hole for themselves. No matter who gets chosen, they all lag to a much larger degree the abilities that Huawei offers and that impact will only increase over time.

To see this we need to take you to a little math equation. An innovative technology gives you 10 years. Huawei has at present two innovations and three iterations lined up, which gives them 26 years (iterations gives one a mere 2 year advantage), which almost aligns as reengineering catches up three years annually. This gives us the number that others need to catch up to Huawei, who could in 2020 be technologically already at 2047. At present none of them have any TRUE innovations. As such the iterators will truly catch up in 2028 whilst that stage will be met in 2020 by Huawei. This is the largest danger for all the other players. In 2028 the 5G market will settle and they are all still catching up whilst Huawei rules the 5G on a global scale.

The math was important, because it also meant that I have until 2023 to sell my IP, at that point iterators will have found part of my IP and they can equal it to me by 2025. The math was everything and the math is not looking good for America or Europe. Those who embrace Huawei to some degree will get a much larger advantage. My IP was about pushing momentum and if that goes as I hope, the others will face a much larger setback, in all this a much larger part of cybersecurity will not work, or will merely delay the commerce. When was the last time you saw commerce seeking safety over revenue?

The fact that the Guardian gives us: ‘Apple warns new credit card users over risks of it touching wallets and pockets‘ (at https://www.theguardian.com/technology/2019/aug/22/apple-card-wallet-pocket-warning) gives a much larger issue. Even as we laugh on: ““Apple Card completely rethinks everything about the credit card. It represents all the things Apple stands for. Like simplicity, transparency, and privacy,” as the company said when the card was launched. Just don’t put it in your pocket.”

So when was the last time you went on vacation and you had to take care of all that for a mere Credit Card? What happens when there is damage to the card whilst on a business trip? Oh, and more interesting, what Forbes told us (at https://www.forbes.com/sites/daveywinder/2019/08/10/apples-iphone-faceid-hacked-in-less-than-120-seconds/#1c136a2421bc) with the title ‘Apple’s iPhone FaceID Hacked In Less Than 120 Seconds‘, it is the issue of greed versus Common Cyber Sense and CCS never gets to win, greed dies!

That will show in 5G within the first year and as such there is a lot less taken care of, and it was exactly why I am rubbing my hands, the more desperate they become, the more valued my IP becomes and in the end, my IP pushes commerce and safety in the same IP line. As an android solution I get to thumb my nose against Apple and iOS, it is too iterative to consider. I hope that Google wakes up, so far Huawei might be the only tender and that is just fine by me.

How do these relate?

The pressures that we saw when thatcher decided to stop Fibre, as she saw that BT got an unfair advantage (which is fair enough) too many players try to get part of the cookie for their minimalist services and it directly relates to the US. Their stage of Status Quo as dictated by Wall Street has stopped innovation. The boat that was not rocked was giving Wall Street the managed expected returns they vowed to get. Yet the other side is also a given. We see this as the senior people stayed where they were, stopping innovation too often because they were scared to make the jump, it is the principle that gave Google the growth they had, yet the linked headline (to the smallest degree mind you) ‘Americans Owe $1.6 Trillion In Student Debt – What Will It Take To Solve This Crisis?‘ close to an entire generation was topped to innovate, I grant you that not all are innovators, but the entire innovation cycle was missed. As such highly educated people got menial jobs and went in other directions, a decent amount of them disillusioned. There is a part that gives the concern of affordable higher education, yet there is also the path that those educated and ready were stopped their innovation; each of them stopping 3-7 fellow students to tag along in that innovation path. It is what I call, a non-proven given. It is hard to set a number to this and there are of course other elements (like the economic crash) all set through and connected to the actions of a few on Wall Street, that much we all agree on and whilst that path was set to non-motion, innovation was lost in almost a dozen industries, IT and telecommunication being the most visible ones. Patents are the most visible marker here, but not the only one. That part is making the US scared, not nervous but scared. Over the next 5 years 43 drugs will become generic, the patents expire, 28 of them this year. the world looks at the pharmaceutical patents because of the aging population, yet technology patents expire too and all of those not linked to renewed innovation patents will be collapsing, consider all that was patented from 1985 and 1999, all coming to a close some were just forgotten and not renewed because the technology was surpassed, yet there we forget that original ideas can be reengineered solutions, all up for patenting and that market is well over $100 billion. One consideration is shown (at https://www.dnj.com/story/news/2019/08/22/rutherford-county-jail-hit-lawsuit-over-patent-infringement-stealing-technology-smart-communications/2064500001/) where we get: “Smart Communications accused them infringing upon their patented technology that transformed written mail into an electronic version sent directly to inmates“, I merely wonder how we see that setting when we look at players like Perceptive software, Readsoft and a few other players. Readsoft became part of Lexmark and then Lexmark, the printing and Software Company, agreed Wednesday to be sold to a consortium led by Apex Technology of China and PAG Asia Capital, a private equity firm. Consider the placement of digital transfer, on an international level in the hands of a Chinese consortium. The NY Times took notice (at https://www.nytimes.com/2016/04/21/business/dealbook/lexmark-apex-pag-asia.html), for the most no one else did. They had no grasp of the power that the innovations were that Readsoft had. I worked with the materials; it was next gen software in 2003. Now consider that we think digital almost every moment nowadays, but there are decades of legacy materials out there and not everyone has the budget of the America alphabet group. In 5G that material needs to be digital or it will be lost. All these patents give advantage to the owner and stop others, having to re-engineer their idea again and again, that is direct currency and China has a much larger truckload of them with a later end date, even as Huawei is all innovation, they still need their patents and whatever innovation they launch next, they will need to have the patent in place. It stops all the other making the case that their advantage grows as the others forgot to get a workforce that is innovative in nature (Google is excluded from those losers). The innovator drivers are gaining momentum and over the next three years their advantage gets to grow.

That was always the advantage the innovators have and the iterators are starting to feel the pain. IBM, Microsoft and Apple might market their ‘innovation’ yet marketing it doesn’t make it actual innovation. Perhaps you remember the Verge last March giving us ‘Study confirms AT&T’s fake 5G E network is no faster than Verizon, T-Mobile or Sprint 4G‘, marketing versus reality is often disappointing and the iterative technology firms are finding out the hard way that there is no such thing as marketing the reality of shareholders expectations.

We see that part ibn another field as Microsoft Phil Spencer gets to be quoted: “There’s only one new Xbox coming in 2020: ‘We are not working on a streaming-only console,’ says Xbox chief“, yet the end of the article gives us: “given the iterative nature of game consoles and the history of the business, we wouldn’t be surprised to see new versions of Project Scarlett in the coming years – it just sounds like we’ll only see one in 2020“, that is where Business Insider made the massive flaw one week ago. It is a flaw because if that was actually true the Nintendo Switch would exist, iteration would never have led to the Nintendo Switch, and not only is it beating all the records, it is also reducing the Microsoft Xbox One to the number three console. Projections are that Nintendo Switch will get to 50 million consoles sold before the end of the tax year, a lofty promise, yet that too shows the impact of innovation. In 2 years it equaled what Microsoft calls the most powerful console in the world and it took Microsoft 6 years to get there. Clearly power is not all it is cracked up to be. In addition, for the first time in history Sony is worried about how far Nintendo can get. Nintendo never wavered, they never lost their core groups, they merely added to them.

Innovation does that and innovation will push 5G in the same way, it seems that Huawei with its innovation has support all over the world on the impact of innovation and the funny part is that IBM and Microsoft used to be actually innovative, they merely forgot the sweetness of innovation victory, which is sad really. I gave mention to the Wall Street part in the Status Quo, yet they are not the only ones in that game and those who embraced that game held technology and innovation back to a much larger degree than you realise and that loss of momentum is a much larger issue in this trade war than anyone has considered.

 

Leave a comment

Filed under Finance, IT, Media, Politics, Science

Tagged as , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

July 1, 2019 · 11:56

Drones to the wild

There was another attack in Saudi Arabia less than 24 hours ago, it went wrong (for the drones) and the Saudi military was able to intercept the drones. And when we look at the quote: “Saudi Arabia has intercepted two drones launched by Yemen’s Iran-backed Houthi rebels, a Saudi-led coalition spokesman has said“, most people look in the wrong way. The western media to the largest degree ignores: ‘Iran-backed‘, the issue is seen in two parts. In the first part the stated Qasef-2K is not merely that it is more advanced than the Qasaf-1, it is that Houthi forces do not have the ability to make the Qasef-1, this was not determined by me, Drone experts looked at it and were able to conclude without any doubt that it is beyond their ability. There is a lot more wrong with the Houthi forces, but this is a first part. the second is that the denial to register this implies that the western media is willing to falsely accuse Iran, but is unable to recognise the hand of Iran and is unwilling to hold them to account, their fear of losing whatever nuclear agreement joke there is, they want to cling to the impossible and most delusional setting of an agreement that will not work.

The fact that Qasef-2K is made and still shipped to Yemen gives rise that there is a much larger logistical support to keep the Houthi fighters active and the Yemeni people will suffer, that is the simple equation and the western media to the largest degree will ignore it and merely point fingers at Saudi Arabia, but with this much overwhelming evidence, and it is not conjecture, it is actual evidence. the part towards the Yemeni Qasef-1 is: “this claim has been disputed and there is widespread suspicion that it is Iranian-built“, the report [Iranian-Technology-Transfers-to-Yemen] by Conflict Armament Research gives us too much to consider and Yemen does not have the ability, I personally would go as far as stating that the assembly and manufacturing of these drones is nowhere near possible by Houthi/Yemeni parties and this counts heavy towards the required ‘spanking’ of Iran, and that was just the previous model, so the ante is up, because Houthi forces would not be able to research and evolve any drone technology in this current condition, pushing more pressure towards Iran, but the Western Media refuses to do this, merely the unfounded accusations of the optional killing of a journalist that no one cares about through a published UN essay.

So whilst we ponder the findings: “the Qasef-1 appears to be a type within the Ababil-II family of UAVs, produced by Iran’s Aircraft Manufacturing Industrial Company (HESA)” and “The Qasef-1 not only shares near-identical design and construction characteristics with the Iranian UAV, but also features identical serial number prefixes“, and the fact that the western media steers largely clear, we find ourselves in a corner, how can any conflict be resolved when the principal player is not recognised to be involved to the degree it is?

And this is not news, these results have been known since 2017, the issue has been that pressing for that long. The 8 drones that were taken a hold of in the Ma’rib Governorate show the evidence clearly, but for the most, the media shuns it. And it is only now that we get initial reports stating: ‘Iran is Using Western Drone Technology against America‘, I wonder if the American drone had not been shot down would there have been any coverage of Iranian drones? Even Al Jazeera joins the confusion when we see: “In May, two oil pumping stations in Saudi Arabia were targeted by drones causing minor supply disruptions highlighting an apparent significant leap in the drone capabilities of the Houthis“, the article (at https://www.aljazeera.com/news/2019/06/saudi-arabia-intercepts-houthi-drones-launched-kingdom-190630060904968.html) gives us another part, with: “US officials told the Wall Street Journal that those attacks originated in Iraq, not Yemen, the paper reported on Friday” there is another part that comes into the frame. the article that was given by the Wall Street Journal (at https://www.wsj.com/articles/u-s-saudi-pipeline-attacks-originated-from-iraq-11561741133) give us: “U.S. officials have concluded that drone attacks on Saudi Arabia’s oil industry in May were launched from Iraq“, it does so with the very clear premise of: “Iran’s allies in the region“, a stage that could be accepted, yet is it still Iran directly, or is it Iran indirectly via Kata’ib Hezbollah? either could be the case, yet until there is a lot more clarity we will not know for sure, the reeling and dealing of Iran so far have shown that this proxy war is done indirectly so that Iran can keep its delusional stance that it has clean hands in all this, the idea that anyone will believe this to be any serious level of truth is beyond me in all this.

Whether one place or another was used in this stage is not part of the issue, the fact that Iran is not asked to explain itself by every nation is the issue, there is too much pointing to Iran, yet the best we can see is a shallow statement that ‘Iran says it will soon exceed enriched uranium limit under nuclear deal‘ even though here are several considerations in place that Iran did that well over a week ego, so when that reality hits the people, how much longer before the nations at large will act against Iran in all this?

Most nations seem to be talking in a low pitch, trying not to create waves, that too is droning, but then again, it might the intent of some European players to create confusion on what a drone actually was. Clear communication is usually not expected to come from the European Union, or Strasbourg. that part is given voice and strength only 11 hours ago when Forbes reported (at https://www.forbes.com/sites/francescoppola/2019/06/30/europe-circumvents-u-s-sanctions-on-iran/#7d5089da2c8d) ‘Europe Circumvents U.S. Sanctions On Iran‘, It is not merely on how they perceive themselves to be clever, the quote: “Europe has found a way of circumventing U.S. sanctions on Iran. The governments of France, Germany and the United Kingdom have developed a special purpose vehicle (SPV) to enable European businesses to maintain non-dollar trade with Iran without breaking U.S. sanctions“, one could argue that Europe has decided to cater to the warmongering needs of Iran, do maintain some state of delusion on a nuclear accord that is clearly not worth the value of paper required to print the accord on. This created delay, whilst not holding Iran to account in its proxy war actions is exactly why Saudi Arabia should be looking for actual allies, and actual options for growing its defence, it is also another indication that the European Union has stopped being a force of good, no matter how they slice it.

The drones might be wild and game for ignoring, but only because global media was as facilitating as it could possibly be to ignore the clear indicators of those behind the screens pushing for these attacks in the first place. The fact that we also saw just a few days ago: ‘US can’t attack Iran without European support’, is not about setting the stage of ‘keeping the peace’, in this Franco Frattini, former Foreign Minister of Italy (twice over) is setting the stage of enabling Iran in all settings and cases against whatever is coming their way. It is this short-sighted approach to dealing with Iran where we see a much more dangerous setting soon enough, and I will be around to give the quote ‘I told you so’ soon enough, a weary push by deflating its options and abilities whilst inflating Iranian pride to do whatever they want. There has been no case in history where this worked out the way others have planned it, and the excuses will come soon enough.

Iranian-Technology-Transfers-to-Yemen

 

Leave a comment

Filed under Law, Media, Military, Politics, Science

Tagged as , , , , , , , , , , , , , , , , , , , , ,

June 21, 2019 · 11:49

The seventh guest

Yes, it is a game, but this is not about gaming, it is the game we detest, but it is being played and we sit in the middle, the Kingdom of Saudi Arabia sits in the middle and the Trump administration is uniting behind “the shooting down of a US drone could have been carried out by a “loose and stupid” Iranian officer without authorisation from Tehran“. So good morning it is Friday, no throw back Thursday for us, just the start of meaningless banter from the political isles.

To get to the 7th guest, you have to understand the content. It was a brilliant puzzle game released by Virgin in the 90’s. The story was over the top but cool, it was a journey to stay alive until the next morning. The house was filled with puzzles that needed to be solved to continue. It was a little more like an interactive movie (in those days). The first puzzle was to carve a cake in equal pieces, there were 6 guests to each person and the cake was 6 by 5 squares. Simple you think, but the clue was ‘2 skulls and 2 stones, the rest is just icing‘, and now cutting the cake was not as easy as initially seemed.

Now we get to the icing of Yesterday (at https://lawlordtobe.com/2019/06/20/the-ice-and-the-icing/) where I quoted in response: “It is seen when the most stupid of all actions is given with: “If Iran did breach the uranium limits, the deal, known as the joint comprehensive plan of action, gives both sides time to go into a disputes mechanism before it is declared void“, is it really that bad, after the ‘breach’ Europe still wants to talk?” It seems that boar mongering President Trump is now trying diplomacy, to not let things escalate too much. The biggest bully on the block is eager to not get into a fight, when did logic ever prevail?

So when we see: “We didn’t have a man or woman in the drone. It would have made a big, big difference,” Trump said. Asked how the US would respond, he said: “You’ll find out.”“, as well as ““I find it hard to believe it was intentional if you want to know the truth. I think it could have been somebody who was loose and stupid that did it”

This is how Iran has ‘sanctified’ the weapon deployments to Hezbollah, is Mr. Bad Hair Cut really going to play the card that enables Iran? Apparently these $120,000,000 drones are well insured, or is he taking the loss out of his own pay check?

I can only wonder how the Kingdom of Saudi Arabia feels after the disappointing support that both the United Kingdom and United States are giving them at present. So as we see that the allies of Saudi Arabia are backing down when the drums of war are sounding with the increased cadence of (what they call) vigor by Iran, Saudi Arabia needs to reconsider who their real allies are. I am certain that Russia and China will use this opportunity that opened up, I just do not know how at present. In addition now that we know that President Trump is not about sticking to his guns, I wonder how long his own party will suffer the blunders he makes day after day, it will optionally be the first impeachment that gets full support from BOTH the Democrats and his own Republicans.

How to continue?

That is the larger question and I feel certain that this is on the mind of the ruler in Riyadh as well. Saudi Arabia must do what is best for Saudi Arabia, Israel needs to do what is best for Israel and so does Europe and the US, yet in this there is no real skin in the game for Europe and the US. Iran will strike at Israel and Saudi Arabia when it can and keeps the other two at bay with fear and both are now facilitating towards Iran through the fear of removing all diplomatic options.

CNBC gives us that a mere 5 hours ago with: ‘EU top diplomat says Europe will try to make sure ‘escalation is avoided’ between US, Iran‘, there is a time and place when avoiding escalation is the best of all options, I personally feel that it is way too late for that, again, the proxy war utilising the terrorist organisation Hezbollah is evidence of that. And the escalations are still going on, the strike a mere 12 hours ago as we are told (by Al Jazeera) that ‘Attack by rebel group on facility in southern province of Jizan the latest in string of attacks on Saudi targets‘ gives rise that Iran is actually still playing both an offensive game optionally with their offensive group Hezbollah and a defensive play where officers get a bonus and a promotion if they hit an American drone. Yet when we see: “The Houthis have stepped up missile and drone attacks in Saudi Arabia in recent weeks amid rising tensions throughout the Middle East fuelled by a bitter standoff between Iran and the United States” no one is asking how these drones are paid for, because Yemen is out of money and has no technological stage to make them. I wonder how to see the statement: “US, Iran and Saudi Arabia have all said they do not want a war to break out in the region“, in my view Iran is telling any story that the others are willing to swallow, America is broke and Saudi Arabia has no real allies to rely on, the weapon case in the UK and the US president doing a 180 degree direction on previous statements, It puts Saudi Arabia in a poor place, that is unless Germany and China get out of the dug-out and properly give support to Saudi Arabia.

I don’t get it, what purpose is served to cater to the needs of a child called Iran to this degree? I stare at the maps and I look at the places being hit, and to be honest, for the life of me, I do not understand how Saudi Arabia is able to keep calm at present, the moment highway 30 is hit in multiple places, the direct threat to Riyadh will be visible and all options will be taken off the table and I fear that this is sooner than we think, giving Iran more time to use the misdirection to finalise their Uranium requirements. At that point WW3 is almost the only step left to us, there is no way that Saudi Arabia and Israel will accept such a threat.

Yet there is an upside, with 5-9 million dead Iranians, the carbon footprint goes down a little, a small victory for the environment, you see, give me a lemon, some water and I will sell you a melon juice smoothie.

If that is what is required to play the game, I am in!

I will end this part with a personal message to Chinese President Xi Jinping (and to Chen Wenqing: ‘No, I am not trying to corrupt him with western ideology‘).

Dear Sir,

I would like to discuss the purchase of 20-30 Chengdu J-20 fighters. In light of both a first order discount, as well as a student discount (we are all students on the path of life), I believe that should the talks be successful, that 20-30 planes at a unit cost of $27.35 million (with rebates, discounts and commission applied), in addition the 2 years of full service with no regards to hours flown, mileage traveled or missiles fired. This is based on 2016 flyaway cost. The benefit is that these fighters will be directly engaging Iranian forces and as such you will have access to a massive amount of data enabling you to start on the 6th generation fighter, optionally making you the first country to have one. We would also be interested in the testing of the Xian H-20 prototype that is now nearing completion. If the specs are as they are claiming to be, it will help us in removing morale from Tehran and from the IRGC as a whole. In this the unofficial word is that the sky is the limit as regarding to the price of this place (my 2.17% commission still applies). My client is ready to upgrade several army based parts (both light and heavy guns), however I hope that this part can be tabled until Iran decides to attack directly, at which point Saudi Arabian boots on Iranian ground becomes a direct first.

Kindest regards,

Lawrence van Rijn

I look forward to a mutually fruitful support towards presenting the Kingdom of Saudi Arabia a proper defense option that will result towards strength and stability in the Middle East region, under the guiding lights of Saudi Arabia and the United Arab Emirates.

That was not hard was it?

So in one strike the BAE loses 2 years of commerce, but the British anti-weapon league is happy, the UK loses well over $4 billion in business opportunity in the long term but you can get the green party to sell grass to a place called whatevernation, can’t you? The US loses its arms options overnight and enables China to economically grow 9%-12%, and as other options fall away for Europe and the US to a much larger degree, Russia will be ever ready to pick up a few scraps in the process.

It was a really simple equation and by choosing the facilitating side of a route that goes nowhere, other options came out to play. Let’s be honest, in light of what has happened, does the Kingdom of Saudi Arabia have any cause to trust the US or Europe in any of this at present?

In the end the 7th guest was about another person in the house (hint) that only showed 6, it makes the game decently apt to the situation the Middle East faces at present. The question is that when that puzzle is solved, will some of the political voices in Iran, Europe, America, Saudi Arabia, Lebanon and Yemen stay in denial?

 

3 Comments

Filed under Finance, Law, Media, Military, Politics

Tagged as , , , , , , , , , , , , , , , , , , , , , ,

June 20, 2019 · 12:52

The ice and the icing

Ah, it is the environment that was taking a hit yesterday. The Guardian (at https://www.theguardian.com/environment/2019/jun/18/arctic-permafrost-canada-science-climate-crisis) is giving us: ‘Scientists shocked by Arctic permafrost thawing 70 years sooner than predicted‘, and at this point, we can all agree that we have a really serious problem. I know, the people at Wall Street would more likely than not be in a stage to dismiss and debunk the news, yet this is not about merely melting ice, this is about permafrost melting. This is no small matter; you see the Arctic and Antarctic both have places where the ice never melts, that ‘never melting’ ice is now actually melting. Consider if you can, a piece of ice on Antarctic, twice the size of the state of Texas, close to half a mile high, that is now becoming water (which in Antarctic terms does not seem much). Now we also know that ice loses volume when it melts, yet it is only 10%, so over the foreseeable future we end up with a water mass 800 meter high and the size of Texas being added to the oceans. Water levels will rise and to a decent amount, in all this, there is also the arctic to consider, it is not land, it is all water and they too will add levels of water to it all.

Then there is a new development, which we see at (https://www.theguardian.com/environment/2019/jun/19/himalayan-glacier-melting-doubled-since-2000-scientists-reveal), the problem is are we have been sold for too long and too often a package of goods? Is it such a stretch that the media ‘suddenly’ has a whole range of ‘revelations’? I am not stating that these are fabricated, but the timing is an issue. As I personally see it the people have been ‘handled’ for far too long, giving less and less reliability on what we see. Even as we see ‘Himalayan glacier melting doubled since 2000, spy satellites show‘, more important, why did it require a spy satellite? Yes, I get it when we see “more than a quarter of all ice lost over the last four decades, scientists have revealed“, so when was that revealed? It gets to be worse when we see: “This is the clearest picture yet of how fast Himalayan glaciers are melting since 1975, and why“. Fair enough the work ‘Acceleration of ice loss across the Himalayas over the past 40 years‘ published in Science Advances 19 Jun 2019: Vol. 5, no. 6, eaav7266; DOI: 10.1126/sciadv.aav7266 is seemingly an academic work by J. M. Maurer, J. M. Schaefer, S. Rupper and A. Corley might be good and it might all be top notch work, but the timing of it all gives it a little bit of a bitter taste. Now, this is not some hidden attack, the work looks really good (at https://advances.sciencemag.org/content/5/6/eaav7266), it has uncertainty assessments, how it was dealt with, how the data was captured, this is a real piece of academic work with references and all (a lot of references), yet timing is everything we know that and it still feels like we are being handled. Part of me is speculating that this game is not by the scientists, but that certain previous white house players have been suppressing or delaying certain reports. It is highly speculative and I have no evidence, but that is what it feels like, the more the political player gets into bed with big business, the less environmental consideration we tend to see.

The entire matter increases when we consider: “The analysis shows that 8bn tonnes of ice are being lost every year and not replaced by snow, with the lower level glaciers shrinking in height by 5 meters annually” this implies another part which we see in the National Geographic (at https://www.nationalgeographic.com/environment/global-warming/sea-level-rise/). When we see: “Rising seas is one of those climate change effects. Average sea levels have swelled over 8 inches (about 23 cm) since 1880, with about three of those inches gained in the last 25 years. Every year, the sea rises another .13 inches (3.2 mm)“, we see the other part of the coin, so how about your beachfront property in 2045?

We can go long on the yay and nay sayers, but in all this, the media needs to stop facilitating to their shareholders, their stake holders and their advertisers, because the bulk of them are clearly in denial of environmental changes, as well as clearly opposing change. In 2012, the Guardian (https://www.theguardian.com/environment/2012/may/30/companies-block-action-climate-change) gave us: “An analysis of 28 Standard & Poor 500 publicly traded companies by researchers from the Union of Concerned Scientists exposed a sharp disconnect in some cases between PR message and less visible activities, with companies quietly lobbying against climate policy or funding groups which work to discredit climate science“, I believe that this is still going on, however these companies have become more clever in their actions and acting indirectly. In 2014 we see a Journalist names Mark Green giving us (at https://www.api.org/news-policy-and-issues/blog/2014/10/21/americas-oil-and-natural-gas-industry-be) “97 percent of all oil and natural gas company stock – held by millions of Americans across the country. These include retirees and middle-class Americans saving for retirement“, it is now less about the opposition it is that being ‘in favour’ is dooming the middle class a reversed reverse psychology if you will.

Do you still think that shareholders and stake holders are a stretch? How many financial institution advertisement have YOU seen in the last week alone? And when it comes to the sceptical and the 197 excuses they have, let me add utterly bogus excuse 198: “Women warm the hearts of men and with 4 billion men one woman can raise the planetary temperature by at least 1 degree, so what about the other 99 in the hot 100 (graphic evidence added)?” We see lists of excuses yet to overall need to take a serious look at the matter and give serious airtime to those trying to warn us is also a topic for debate.

When we pass over that episode and we add to the matter (Antarctica, Himalaya, Arctic, Greenland) there is a stage where we have surpassed essential milestones, milestones that can no longer be undone (not within the next two generations). Me, I am still all in favour of culling the human population by 85%, and fortunately for me this time around, the politicians are actually helping me.

It’s the Icing

When it is about the icing we can go in two directions, in the first it is about the topping of a cake, we all have tried it, yummy chocolate icing, marzipan topping, our sweet tooth desires a scrumptious load of icing and the larger your slice of the cake, the better the sugar rush. The second direction is mostly for Canadians (LOL), it is seen in hockey when a player shoots the puck from behind the centre red line, across the opposing team’s goal line, whilst the puck remains untouched. It is a rule to oppose a quick win, netball has a similar option; you need to win by being the better player in each segment of the field. It nullifies a play like Matt Prater of the Denver Broncos achieved in 2013 by kicking that piece of air filled leather for 64 yards, an achievement for sure, but at that point the game becomes about the kickers and it becomes less about the full game. An icing stops this option, making it about the game and this matters as we see in: ‘Diplomatic offensive aims to dissuade Tehran from breaching uranium limits‘ (at https://www.theguardian.com/world/2019/jun/19/uk-france-germany-last-ditch-effort-save-iran-deal), you see I am slightly less convinced that they are not their yet (or disgracefully close to it). When I see: ““We want to unify our efforts so there is a de-escalation process that starts,” Le Drian said. “There is still time and we hope all the actors show more calm. There is still time, but only a little time.”” to be honest I wonder what drugs Jean-Yves Le Drian is on (and can I have some please?) The idea that Iran adheres to any kind of agreement is short sold to begin with, the entire Hezbollah proxy war counts as evidence in that matter.

So when I see: “We need to de-escalate through dialogue. It is a time of ‘diplomacy first’ and that’s what we are committed to” I merely wonder who is fooling who. It is seen when the most stupid of all actions is given with: “If Iran did breach the uranium limits, the deal, known as the joint comprehensive plan of action, gives both sides time to go into a disputes mechanism before it is declared void“, is it really that bad, after the ‘breach’ Europe still wants to talk? Did you learn nothing from the Adolph Hitler European tour of 1939-1945? We could ask the State of Israel with its 15 million votes, oh sorry, there are apparently 6 million absentee ballots, they can no longer vote; does anyone remember that little fact in the entire equation?

If it is slightly too crude, then it is intentional. We have facilitated for tea parties and long winded talks going nowhere for too often and for far too long. It is now time to act before it is too late, or merely accept the culling that comes afterwards, which will be good for the environment as well.

Ice and Icing, all events linking to intentional violations to norms, to boundaries and to standards of life and living, how many more violations will we endure until we are given the sad reality our children and grand children face soon enough, we have left them nothing and for too long we would not adhere to that reality until it was too late for the next generation. We are shown too much pieces of evidence that we are doing this, whilst denying the facts presented. This might be the best evidence that we are bad parents and that we are unworthy of titles of parent and custodian, the evidence is all out there in colour, in black and white, on all levels including the academic one.

If this was a match, then it would be the face-off between the two Global Hockey teams: the Bogusses versus the Professinators, the problem is that no matter who wins, the people lose, this game has been on for too long and time is a luxury we actually no longer have and the media have been all about getting the limelight and the time to let all the voices be heard letting exploitation reign (aka circulation and clicks). The Great Barrier Reef with over 50% now bleached to death (source: National Geographic), is merely one casualty of all talk and no actions, I wonder how many more needs to be lost for people to finally force actions against politicians and corporations. In opposition we see the New York post giving us (at https://nypost.com/2018/09/12/the-great-barrier-reef-was-never-dead/) “Australia’s Great Barrier Reef is “showing signs of recovery,” a new study shows, after massive bleaching events in 2016 and 2017 threatened the world’s largest living structure”. It is time to properly vet the media for what they publish and cater to on a much larger scale, because in this age of strife they win, as do their advertisers. We could of course accept the second option and allow for the culling, it will solve both matters at hand as it means that there are too few left to advertise to.

6 of one, half a dozen of the other is a term we see, and we think that it is the same, yet we are too often not told that it was no longer about apples or oranges, it was relabeled as an issue about fruit, now we get to deal with fruit whilst our individual preference of apples and oranges is no longer an option to cater to, did you realise that small part of the equation as well?

 

1 Comment

Filed under Finance, Media, Politics, Science

Tagged as , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

June 6, 2019 · 11:59

The Persian Gulf match

We are on the edge of what we know, mostly of what we are infromed about and it seems that it is n the interest of the US to focus on Saudi Arabia. Al Jazeera starts with ‘US senators seek to block Trump arms sales to Saudi Arabia‘ (at https://www.aljazeera.com/news/2019/06/senators-seek-block-trump-arms-sales-saudi-arabia-190605154958283.html). The sub line gives us “Senators to try to pass 22 resolutions that’d halt Trump’s plan to bypass Congress to complete arms sales to Saudi, UAE“, it seems that with the effort of getting 22 resolutions passed, there is cause for concern, not merely for the one side where the US is seemingly a lesser ally than they are claiming to be. The problem is that there is actual sense in play. when we see the quote by Senator Todd Young giving us: “Congress has an essential oversight role in the decision to sell weapons and we must ensure proper procedures are in place in any weapons transfer“, I would counter that with the notion that proper procedures should have been in place for decades, in addition, the fact that Saudi Arabia has never been the enemy of the United states (as far as I know), makes it weirder. It is at that point where Senator Todd Young goes from simplistic to stupid bordering on moronic. With: “In light of the ongoing humanitarian crisis in Yemen, we have an obligation to ensure the adequate guardrails are in place and that weapons transfers to Saudi Arabia and the United Arab Emirates do not exacerbate the conflict“, so how about taking Hezbollah and Iran out of the equation? Had the Senator for Pennsylvania considered that part? The issues around Senator Young do not improve when his lack into Yemen is shown. With: “Selling more bombs to the Saudis simply means that the famine and cholera outbreak in Yemen will get worse, Iran will get stronger, and al-Qaeda and ISIS will continue to flourish amidst the chaos of the civil war” he shows just how little he is aware, the fact that there is no mention of Hezbollah is one part, the additional stage given to us less than 24 hours ago (at https://www.reuters.com/article/us-yemen-security-wfp/yemens-houthis-and-wfp-dispute-aid-control-as-millions-starve-idUSKCN1T51YO) with ‘Yemen’s Houthis and WFP dispute aid control as millions starve‘ is not because there is no resolution, it is because the Houthi forces do not want a resolution, they are awaiting Iranian hardware and Hezbollah troops. So as we see: “the U.N. agency, which feeds more than 10 million people a month across the Arabian Peninsula’s poorest nation, said last month it is considering suspending deliveries due to fighting, insecurity and interference in its work“, we see just how dumbfound the status of Saudi Arabia is in the US Congress. The issue of the international press going out of their way not reporting on Hezbollah activities in Yemen is just a little too weird, and seemingly no one takes notice.

Saudi Arabia will have to consider other options soon enough (more to follow at the end).

In the second part of one side we see the report from CNN (at https://edition.cnn.com/2019/06/05/politics/us-intelligence-saudi-arabia-ballistic-missile-china/index.html) the headline: ‘US intel shows Saudi Arabia escalated its missile program with help from China‘, we need to realise two elements, the first is that Saudi Arabia is a monarchy, a sovereign nation with the rights to defend itself. It has been in a proxy war with Iran for years and Saudi Arabia must prepare any way it can, apparently the United States is not there for the nation they call an ally, and as such China would easily step in to facilitate (Russia seems to have lost out on it). With Saudi Arabia in a stage of 5G thanks to Huawei, the Chinese government is (according to CNN) in the article. Even as we are given: “While the Saudis’ ultimate goal has not been conclusively assessed by US intelligence, the sources said, the missile advancement could mark another step in potential Saudi efforts to one day deliver a nuclear warhead were it ever to obtain one” implying that they actually do not know, the vague ‘were it ever to obtain one‘ should be seen as an article presently dipped in speculation. And as the one truth is given through “the Saudis have consistently taken the position that they need to match Iran’s missile capability and have at times sought help on the side from other countries, including China, which is not a signatory to the pact“, so the actual issue is that Saudi Arabia is in a stage where they will not accept being under defended when Iran is on a clear path to increase its ballistic missile setting. A clear setting that has been known for years and no one does anything valid or actual about Iran, that part is not set in the lime light is it. In all this I found the premise of Tom Udall senator from New Mexico the most hilarious one. With “citing the Washington Post report on the satellite images, asked what the US was doing to prevent foreign sales of ballistic missile technology to Saudi Arabia“, the direct and not too diplomatic answer would be: ‘It is none of your bloody business what Saudi Arabia buys from whomever they want to‘ (there is some diplomacy as I avoided using the F*** word). The truth is that they no longer matter; US Congress seems to be forgetting that they are no longer a superpower. 21 trillion dollar debt did that to them. Their utter inactivity in Syria and Yemen shows that they no longer really matter and the actions by both Turkey and Iran shows that they no longer have the balls to actually interfere and act. Their actions are now limited to economic sanctions and that tactic is becoming less and less efficient.

The additional fact that this is still connected to a dead journalist no one cares about is further evidence still. You see if it was actually about that than the US government and Global media would have illuminated the actions of Turkey and its incarcerated and murdered journalists every single day and that has not been happening at all, again more evidence that this is all about posturing and imagery but nothing on creating actual lasting results.

In all this I am happy that Democrat Senator Bob Menendez from New Jersey gave us: “Failing that, I am prepared to move forward with any and all options to nullify the licenses at issue for both Saudi Arabia and [the] UAE and eliminate any ability for the administration to bypass Congress in future arms sales“, I will use that shortly, thank you.

On the other side

The other side of the Persian Gulf has other issues. Less than 14 hours ago, the Japan News (and several others) gave us: “Iran’s Supreme Leader Ayatollah Ali Khamenei said on Tuesday that Tehran would not be “deceived” by U.S. President Donald Trump’s offer of negotiations and would not give up its missile program” the entire stage of peace, or some way of moving forward was dependent on that part, the fact that it was never adhered to and the only part we get is US saber rattling gives light that the US has no actual solution here. Even as some Senators made the claim that any war with Iran would be a short one can no longer be proven, the engineering joke that is now known as USS Zumwalt is one part, the fact that Congress never approved a budget for its cannons to be fully armed is a second part and the failings that is this $21 billion project and is showing to be close to disastrous is further evidence that the US has no real modern navy to fight Iran with, it is at best at par with Iran and in an actual war setting without the ability to ‘hide’ within Saudi waters gives rise to the fact that a direct war (which Iran would lose) will not be a quick one and the casualty list would be massive. A nation that is basically bankrupt is now limited to saber rattling, it is sad.

A similar quote was seen in TV7 Israel News where we get: “Ali Khamenei said: “We can see that today, in the defense and military arena, we have reached a point of being able to deter our enemies. And the fact that you see they insist on (curtailing) our missile program, is because of this (deterrence). And they want to deprive us of this capability. And of course, they will never succeed.”” the stage is accepted but the premise is not. The Iranian missile program has never been one of defence, it is an offense stage with possible nuclear ramifications and there are indicators that there is more, one unconfirmed source (reliability unknown, language implied it to be American) gives us: “Iran in mid-May presented the IAEA with a comprehensive report on all aspects of its nuclear program, which comprised over one thousand pages. The D-T procurement was not mentioned in the. “comprehensive” report. It is not alone in this regard: since June, a large number of Iranian nuclear activities not admitted to by Tehran, have been reported, notably the attempts to sanitize a suspected nuclear facility in the neighborhood of Tehran” another dark web source gave mention of deuterium-tritium gas earlier this year crossing into Iran at Bājgirān. I partially took notice but ignored it as I had no real idea what it was used for (I am not a chemist), in light of the two it is not an indicator or any actual evidence where Iran is at, but it does give reason for Saudi Arabia to increase its capabilities regarding ballistic missiles. The fact that Iran has the muscle to move options here implies that it has access to funds it should not have, for the mere reason that whoever is doing it will not be doing it for anything less than an 8 figure number. I am decently certain that Russia (and most other nuclear players) would never be willing to give a Trump card like that into the hands of Iran, not when they have other needs to milk Iran for as long as they can. That is merely my personal view on the matter.

Iran does have other options, as Janes reported yesterday: “Iran launched a Khorramshahr medium-range ballistic missile (MRBM) in December 2018, the Israeli representative to the UN told the Security Council in a letter released on 5 June“. My issue is not Jane, they are established as a reliable and accepted military source of information, the fact that this issue has been known for 6 months and the fact that at present there is no real exposure of the Khorramshahr with its range of 2,000 km with a 1,800 kg warhead, we see that no part of Saudi Arabia cannot be reached, giving a much larger pressure on Saudi Arabia and that is before you realise that the news included: “Iran has transferred technological knowledge to enable Iraq’s Technical Directorate for Military Production (TDMP) to produce the Mohajem-92 unmanned aerial vehicle“, that so called UAV is one of the drones that have been deployed against U.S. and coalition targets (Source: Al Jazeera June 21st).

These drones are optionally also in the hands of Hezbollah, a terrorist organisation, as such the pressure is on in several ways and there is more than one indicator that the US remains where it is, sitting on its hands merely because it seemingly ran out of budget.

Image of a Paper Tiger

In conclusion: I believe that the media and the US government have been hiding behind excuses and counter acting actions as it cannot afford to be in anything for any price. It has no ability to enforce any actual rules and when we see the egocentric call: ‘what the US was doing to prevent foreign sales of ballistic missile technology to Saudi Arabia‘, we see what was once a superpower is now optionally nothing more than a Paper Tiger.

If I have to give any official advice to the House of Saud then it would be:

Your Royal Highness and members of the royal family,

I believe that it is now more and more important to seek unity and actual commerce with providers that will enable you to properly defend yourself against the unacceptable danger that Iran has become. I believe that trade with the United Kingdom, France, Germany and China should replace your American portfolio. Each of these four have technologies and military solutions that would equal the solutions that America has offered. I believe that there is no one solution, by gaining the hardware from all three (each their own field) it would be optionally quicker to get the essential defence materials that the Kingdom of Saudi Arabia needs to keep its nation safe. The American position after the attacks by Hezbollah through Houthi forces give rise to the additional dangers that the Kingdom of Saudi Arabia faces by not seeking a more powerful defence. The actions of the American US Congress have shown that what they regard as being an ally is not what an ally is; it is not even what a wannabe ally would consider to be.

As such apart from your advancement in technology and infrastructure a much larger foundation for your national defence is seemingly essential in the immediate future. The shown delays that the European Union have shown to be regarding Iran, Turkey and terrorist organisations like Hezbollah give rise to the essential need of China to become part of that solution.

With highest regards,

Lawrence van Rijn

Finale

I believe that the inaction’s have gone on for way too long, even as some state that there are diplomatic options, the realisation that Iran hid themselves through the terrorist organisation Hezbollah and the fact that this has been known in intelligence circles for years is clear evidence that there is no push for a solution, merely a need for a standstill, or stalemate at best. It never resolves anything, it merely decimates the Yemeni population through Houthi blockades a small issue killing thousands and Reuters gave us that news, but no, plenty of media ignore that fact and keep on pointing the finger at Saudi Arabia and shouting ‘Jamal Khashoggi’ whilst no one cared about him to begin with (exception of Washington Post people noted).

The idea of politics through inaction an stalemate has created more damage than anyone realises and the inaction on matters has the dangers of creating cogs of war that will ruffle both sides of the Persian gulf to the largest degree is now too dangerous. The inaction on Hezbollah, the inaction by the US and Europe now have a lasting impact on the Middle East. When this comes to blow, there is no doubt that Iran will lose, and anyone pushing for stalemate tactics will be recognised and removed from consideration for what could be the largest impulse to a global economy in history, Saudi Arabia, the UAE and Qatar are part of that economic pulse and those not part of that will end up going through 2-3 iterations of recession lasting 20+ years. The others will find themselves on an improving economy track and enable themselves on a larger economic scale than before. There is now ample view on the matter to consider that America is steering away from that option for no good reason. When that happens, those who get to be enabled will end up being in a much stronger position. I personally prefer the United Kingdom to be part of that, yet in the end that is a decision they will need to make for themselves.

 

1 Comment

Filed under Finance, Law, Media, Military, Politics

Tagged as , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

May 12, 2019 · 14:17

The mental delay

There is a mental delay; we all have it, the moment between the realisation that things are wrong and the rest of the media finally willing to confess to the wrongful parts after they had been milked to the maximum. This is where I believe the UK is when I see: ‘Poll surge for Farage sparks panic among Tories and Labour‘ (at https://www.theguardian.com/politics/2019/may/11/poll-surge-for-farage-panic-conservatives-and-labour). The situation is given through “Support for the Conservatives at the European elections slumps to 11%, less than a third of what the Brexit party is polling“. From my point of view, it is not really a surprise. The people have had enough of the ECB and their lack of control and accountability. The people in Europe are down 3 trillion euro through ill-conceived plans, it gets to be even worse when we consider the march news from the Financial Times ‘ECB unveils fresh bank stimulus amid rising Eurozone gloom‘, a setting that is not unlike irresponsible children using a credit card for which they do not have to pay the bill, the people have had enough. It is emphasized by other media giving us quotes like “Even if we stipulate that Greece’s government is, in fact, as creditworthy as the U.S. government, why would investors accept a lower yield on the Greek bond? And why are they willing to accept the even lower yields on the bonds of other Eurozone governments?“, as well as “Despite the low Eurozone bond yields, investors may expect eventually to boost their returns by selling the expensive euros and buying cheaper dollars and other currencies. Indeed, there is some basis for such a strategy. As of late April, the consensus among analysts was that the euro will appreciate significantly over the next couple of years, and more modestly thereafter; forward markets (where buyers and sellers settle the price of a future transaction in advance) support this consensus view.” Source: MarketWatch.

My issue is that the writing has been on the wall for a while and whilst we are given “The poll suggests the Brexit party, launched only last month, is now on course for a thumping victory that Farage will, MPs fear, use to back his argument that the UK must leave the EU immediately without a deal“, it was a risk that had been 3 years in the making and now that the time is over, we see panic on a few levels. The need for Status Quo as well as the continued Gravy train is now at a stage that the UK and others have had enough, a stage where the large four are pulling a cart where 20 others have not been doing their bit, not even to the smallest degree. From my personal view, the biggest loser is Tony Blair when we consider: “Writing for the Observer online, the former prime minister Tony Blair says it is vital that Labour supporters go to the polls, even if they choose a party more clearly in favour of Remain than Labour“, in a stage where the ECB does as it pleases, the people have largely lost faith, with the economic anchors Greece and Italy still firmly in place things will not get better, not in a Bremain stage of mind. Even as we accept that things will get worse, there is enough indication that it will be relatively short term, without the anchors, the 15 smallest EU nations will unite against the UK, only to find that the setback will increase, a voice without money is worth the value of the empty wallet at best. The IMF report makes it merely worse, the stage where the three largest EU economies are Germany, France and Italy and their prospects are in the basement for this year, led by Italy with a forecast that is somewhere between 10% and 25 % of last year, and as I took the UK out of this, we will see that as the others slide faster, the UK will suddenly become the place to be, a nation in repair. Then MarketWatch gives us a part that I have been claiming for over 2 years: “Policy makers also underplay the financial risks. They emphasize the decline in government debt ratios and banks’ nonperforming loans from their peaks reached during the euro-area crisis. They fail to note, however, that these vulnerabilities are at present distinctly higher than they were in mid-2007 for virtually all Eurozone countries“, whatever options they thought they had was squandered away by the ECB stimulus plans that did not work twice around and now they are giving us an attempt at option three, with no evidence that the third time has any chance of being a charm.

So when I see “‘northern’ Eurozone governments worry that the ECB may be left holding debt that may never be repaid“, which is nice, but I told that the people close to two years ago. It is nice for others to catch up this late. All this is before we give consideration to ‘Italy budget deficit forecast to smash EU fiscal rules‘ (at https://www.ft.com/content/e3b662d2-70ac-11e9-bf5c-6eeb837566c5) all thanks (in part) to an ECB that cannot restrain itself or its members, the UK is much better out and the sooner they do this, the better it is for all. The problem is not merely the deficit, the economy downturn will hit jobs soon thereafter, so before the end of the year. As such the unemployment rate that was merely a stitch below 11% in February 2019 could hit 14% by October, and with one out of three Italian youths without a job, that situation will worsen. It is already worse than Spain, but it will worsen still, that is merely one of the 4 large economies, whilst the ECB was too worried on the next bonus spreadsheet, we will now end up having spreadsheets where the dominant colour is red, on pretty much every page.

Even as we accept the Financial Times words “The forecasts play down the risks of a no-deal Brexit, saying that it “would dampen economic growth, particularly in the UK but also in the EU27, though to a minor extent”“, the part that I see missing is that the UK economy will recover, the remaining EU27 players a lot less so, which is also why we have seen the fuelled anti-Brexit sentiment all over Europe, not because they lose what they call an ‘economic ally‘, but because their own mess becomes centre stage for everyone to watch soon thereafter.

The other part is that the Northern economies are seemingly slowing down, the Local Sweden gives us: “The Swedish economic boom has reached its peak and the economy is approaching a slowdown, the country’s Fiscal Policy Council wrote in its annual report“, I do not believe that to be correct, you see Ericsson is one of a few having a decent 5G solution, together with Nokia they are the only ones who have a decently advanced 5G solution, they are the only ones who are considered in several nations because those nations are narrow-minded and loudly anti Huawei, so these two profit to a larger degrees. When 3G was starting Nokia broke all records, these two will in similar drive 5G, even if there is a slowdown, it is likely to be a very short one, unless the US stops its Huawei smear policy, these two will propel the Nordic economies to a much larger degree.

So when I see Justine Greening, Sam Gyimah, Alistair Burt, all conservatives, all pushing for a Bremain, a second referendum, or some ill-conceived idea that Brexit needs to be acknowledged, the voters have all realised that it is too late, the EU wanted to keep on playing games and leaving the game at whatever point is to be preferred over more and more unacceptable spending.

Yet the one part that is not pushed for is that the Brexit Party and Ukip are approaching a majority, if they can strike a deal with the greens and the Liberal Democrats (they tend to be great followers), we see a new government with the Labor party and conservatives sitting next to one another in the opposition. A historic first, the entire House of Commons for too long in indecision and the people have had enough, I cannot blame them. So when they want to play the blame game, a lot of politicians merely need to look into a mirror to see the guilty party.

I personally belief that the people are seeing the dangers of non-decisions as well as the added media pressures with non-stop incriminations and a total lack of explanation; It is driving the ‘better out than in‘ mood that seems to be exploding all over the UK. The fact that sources are claiming that Brexit might not happen, or that there is a 20%-30% that it will not happen has the people riled, in the end there was a referendum and the complacent and lazy Bremainers were all in a stage ‘it will never happen’, just like that popular claim ‘too big to fail’, so as that went the wrong way the people have been hit with media after media going wild in allegations and all kinds of managed bad news reports like ‘we could lose everything‘, or ‘you’ll get nationally evicted‘, exponential levels of fear mongering for too long, the people are fed up and the Brexit party is gaining more and more momentum. In France far right Marine Le Pen is again in the lead, the Dutch ‘Forum for Democracy (FvD) party’ is equally pushing forward, is that the Europe that the UK wants to be part of? The extreme right parties are gaining momentum more and more and I personally believe that not having a handle on the ECB was a first step, then we still have Mario Draghi being a member of an elite banking group and the fact that no one was holding him to account is still a factor that the few are disregarding, whilst the 3 trillion of bad conceived spending was never up for debate.

There has been a mental delay with the voters, but the facts are out in the open for too much and the facts are too visible, it has angered the people, so as the news thought it was fun to give the readers the news through “The Hinduja brothers, Gopichand and Srichand, have reclaimed their crown as the UK’s wealthiest people, according to the annual Rich List survey. The Indian-born, London-based industrialists are estimated to be worth £22bn, up £1.35bn on last year’s list“, so yes that was a nice part, as the people cannot pay their bills, have to deal with unaffordable living, someone made an additional £1,335 million pounds extra, all that whilst we get “The list reveals that retailer Sir Philip Green has lost his billionaire status; his fortune is believed to have halved in a year because of a pension black hole in his Arcadia empire. The Sunday Times Rich List has Green’s total wealth free-falling £1.05bn in a year to £950m“, when I lose 50% of my wealth, I go from £1,500 to £750, so where is the ‘half’ and the mere decline of10% illustrating going from £1,05B to £950M? It seems to me that he wealthy people are taxed differently on fortunes having to be halved.

Are you still wondering whilst millions of Britons are in anger and are you wondering why the Brexit party is gaining momentum? Farage has the charisma to exploit the silly news items that are seemingly fun to read for some, but in light of all that has happened, it is infuriating a lot more people in the UK than the media should be happy about. And as we saw Tony Blair, yesterday in his opinion piece ‘Farage cannot be allowed to dictate Britain’s future. He must be thwarted‘ (at https://www.theguardian.com/commentisfree/2019/may/11/farage-cannot-be-allowed-to-dictate-britains-future-he-must-be-thwarted) we are given “This is not a vote to choose a prime minister or a government. It is a vote for the Farage Brexit – or against it“. There I respectfully disagree; it has gone way beyond that. It has been about the unacceptable acts of the ECB and the overpaid EU gravy train riders for a much longer time and if Tony Blair had done something about when he was in charge from 1997 to 2007, or perhaps Gordon Brown in the three years that followed, the mess would not be there, in that same light the Conservatives after that did not achieve any significant push to make the ECB come to its senses, and now the people have had enough; they are willing to let Nigel Farage try. Tony should have done a few more things a decade ago and that was never the case. That is why the Brexit party is growing to the degree it is. The lack of kept promises, and the Italian government is merely throwing petrol on that fire, as such the Dutch are finding a person like Thierry Baudet more acceptable than ever before. A status quo play was the worst one to have, but the non-elected officials needed status quo for their wealth and now the gig is up in more than one way.

Tony Blair needs to realise that the Brexit party is not the downfall for either the Labor party or the Conservatives, facilitating to big business was and that is an important elements that none are touching on, the bulk of the politicians are tainted, tainted to the degree that they will stand out in every limelight and their denial in that is just staggering.

The mental delay has passed and now the people are in a phase where they are considering every other solution, except the ones that labour and conservatives offer. It is interesting that no one went on those tracks, the signals and indicators are clearly pushing in that direction.

 

1 Comment

Filed under Uncategorized

Tagged as , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,