Tag Archives: Iceland

October 22, 2025 · 04:30

The bubble to end all bubbles

That is what I saw mere minutes ago. It was yesterday’s piece at the Financial Review. An opinion piece by Gita Gopinath. Now normally I tend to ignore opinion pieces, but due to the fact that over time Financial Review has shown a good back on several matters and I picked up on the title ‘The crash that could torch $US35trn of wealth’ (at https://www.afr.com/wealth/investing/the-crash-that-could-torch-us35trn-of-wealth-20251016-p5n31w) gives pause for alarm. As America has its tourism issues, its economy issue and its technology issues a $35,000 billion write-off would be nothing less than a disaster in the making. I wrote about this a few times, but even I shudder to think of how large this bubble has become. The 2008 crash was half of that and the documentary Inside Job does a great way to explain this. Take this movie together with the movie Margin Call and you get a picture of what was done to the people of the world.

This is more than 100% worse and it started with the delusional setting of salespeople taking the easy road and giving the rest of the world how amazing AI was going to be. The quote “I calculate that a market correction of the same magnitude as the dotcom crash could wipe out over $US20 trillion ($30 trillion) in wealth for American households, equivalent to roughly 70 per cent of American GDP in 2024. This is several times larger than the losses incurred during the crash of the early 2000s. The implications for consumption would be grave. Consumption growth is already weaker than it was preceding the dotcom crash. A shock of this magnitude could cut it by 3.5 percentage points, translating into a 2-percentage-point hit to overall GDP growth, even before accounting for declines in investment” should stop you in your tracks. With the additional “Foreign investors could face wealth losses exceeding $US15 trillion, or about 20 per cent of the rest of the world’s GDP. For comparison, the dotcom crash resulted in foreign losses of around $US2 trillion, roughly $US4 trillion in today’s money and less than 10 per cent of rest-of-world GDP at the time. This stark increase in spillovers underscores how vulnerable global demand is to shocks originating in America” was not unknown to me, but I did not figure on the damage exceeding 10 trillion, here I see I was off by 50% (which comes due to a lack of an economic degree on my side), but data I know, in and out. I saw some of this and I tried to warn people and especially the Emirati people (at https://lawlordtobe.com/2025/10/20/the-start-of-something-bad/) in ‘The start of something bad’ only two days ago. And the reason why it would be worse is seen in the next setting of the Financial Review. We are given “Historically, the rest of the world has found some cushion in the dollar’s tendency to rise during crises. This “flight to safety” has helped mitigate the impact of lost dollar-denominated wealth on foreign consumption. The greenback’s strength has long provided global insurance, often appreciating even when the crisis originates in America, as investors seek refuge in dollar assets. There are, though, reasons to believe that this dynamic may not hold in the next crisis. Despite well-founded expectations that American tariffs and expansionary fiscal policy would bolster the dollar, it has instead fallen against most major currencies.” I kinda saw that two days ago, but not to this degree (the Financial Review writes it better) When that bubble burst it will not allow for shelter and the people involved will be hit massively. As I see it Nvidia will survive by will see its value decreased by 90%. Oracle will get hit less but it will still take a beating. Microsoft will be up for sale in the bargain basement and after builder.ai, the bubble will stick to them like gum in hair and they will not be able to shake the event. Others (Google, IBM, Amazon) will be hit, but they will get through this. As I see it, the only high standard that is maintained will be Adobe. Their “AI” options are soundly set in Deeper Machine Learning. As I see it, they will tend to be the shelter of choice if at all possible. 

The only part I disagree with is “Although this does not mark the end of the dollar’s dominance, it does reflect growing unease among foreign investors about the currency’s trajectory. Increasingly, they are hedging against dollar risk – a sign of waning confidence.” As I see it, the dollar comes to an end with this bubble. I do not know what people will rush to, but the dollar is no longer the place to be. As I see it there will be a flock going towards the Yuan, the Dirham and the Bitcoin, but personally I have no idea if the Bitcoin survives. You see, a $35,000 write-off will come from some currency and those hiding in Bitcoin will lose a lot, no telling how much, but it will be close to astronomical. The Financial Review gives us “Perceptions of the strength and independence of American institutions, particularly the Federal Reserve, play a crucial role in maintaining investor confidence.” That independence is close to obsolete. This administration took care of that with all the tariffs, all the tourist settings and the economy is also shaky. It might not be but someone took the trouble of not reporting the ‘goodness’ of their setting. The labour statistics are nowhere to be found and that is shaking investor confidence. All that whilst Paramount is shaking thousands of people of their employment tree, this year alone Microsoft shed 15,000 jobs, IBM is said to have fired 21,000 jobs, making Google’s 100 job losses trivial in comparison. In this setting and with the missing labor statistics the investor confidence would be in the basement and even if the Federal reserve doused that paper in the scent of Luis Vuitton it would not matter much. At present Saudi Arabia and the UAE are the best places for these investors and America knows this. They have oil to fall back on and as I see it, no matter how the AI bubble bursts, they can retrench this into service roles and data acquisition roles. That is what Europe fears, American held data used to safely drip the economy to health using IP values from everywhere. And this is not the first time I wrote about this in ‘That one flaky promise’ (at https://lawlordtobe.com/2022/01/29/that-one-flaky-promise/) where I saw the dangers of America ‘annexing’ whatever it had and that was BEFORE AI and the bubble it created. I swear that danger almost 4 years ago. That setting will implode the rest of what America thought they would have. As I see it, a strong setting of IP and storage of it could help both Saudi Arabia and the UAE (a likely preferred choice) to evade to (those who can afford it) because when this bubble goes it will wipe out whatever most of us hold for dear and those who had their patents in the US. This is mere (intense) speculation, but do you think that this American administration will not do this? It had no trouble with tariffs and the setting of THEIR ‘big beautiful America’ at the expense of everything. They even tried to make Canada and Greenland part of America. I don’t think so and as I see it, when that bubble goes America is pretty much done for. All because Americans believe that Cash is King. So their salespeople live by the dollar and will waste it at a moments notice for their personal needs. Should you doubt that please watch Inside Job and see what they did there. I reckon that Iceland is now getting back on its feet al will enjoy the view on the impact crater that Wall Street leaves behind. 

I need to end this with a word of caution. This was base on an opinion piece, so as that is wrong, so is my view. But I based it on the data I had available and the prediction that I saw in 2022, so there was no AI bubble at that time. So is my view more accurate now? That cannot be said and it is based on what desperate people do and as I see it America is about to become really desperate. So enjoy your coffee today, which I will do also and I will assist a young woman named Aloy help her defeat some machines. They were not Microsoft products, so they should work. Now lets make them a lot less functional and that Deathbringer looks like a right monster.

Have a great day and try not to get too depressed by the not so good news I am partially bringing.

Leave a comment

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

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

August 25, 2025 · 17:14

Bewildered and confused

That was my setting at the moment. I am not in a rage, there is optional speaking nothing wrong done. But the list has a setting that makes me unease. I al referring to the BBC list of safe places given to me (at https://www.bbc.com/travel/article/20250822-five-of-the-worlds-safest-countries-for-2025) In this list Lindsey Galloway gives us 10 players running for the safest place in the world. The ten contenders are:

1. Iceland
2. Ireland
3. New Zealand 
4. Austria
5. Switzerland
6. Singapore
7. Portugal
8. Denmark
9. Slovenia
10. Finland

I don’t disagree, I don’t agree. It could be a valid list. In first Place there is Iceland. Very likely true and that list has three places I have seen and I felt perfectly safe in all of them, so I do not disagree with the list. My bewilderment is that the United Arab Nations are not there, both Dubai and Abu Dhabi are seen by a lot of people the safest places on earth. As such I personally see this list as a way to deter people to go to the UAE in 2025 and 2026. There is a personal setting that the top 25 should have been shown to give a more direct setting, but to give a top 10 and mention merely 5 of them is a way to play this game. And as I see it the BBC is playing a game. They are doing this in September? The year is pretty much over, that is when you consider to be UAE and Saudi Arabia out of bounds, as I see it we can haggle about how save Saudi Arabia is (I actually do not know this) but both these places have an absolute divine climate between October and April. As such I wonder why this list was produced. And with Singapore giving us 

“While Singapore’s conservative stance on LGBT+ protections limits some freedoms, with same-sex marriage still prohibited, social progress is visible through events like the growing Pink Dot pride festival. Many reported feeling safer at the rally this year than in past decades as younger Singaporeans push for more widespread acceptance.” I merely wonder why the UAE didn’t make the list. I am not saying this list is wrong, I merely wonder why this list is given and why it is given in this way?

If we have to be neutral in this setting then the other story linked in this list is:

Top 10 most liveable cities for 2025:

1. Copenhagen, Denmark
2. Vienna, Austria (tie)
2. Zurich, Switzerland (tie)
4. Melbourne, Australia
5. Geneva, Switzerland
6. Sydney, Australia
7. Osaka, Japan (tie)
7. Auckland, New Zealand (tie)
9. Adelaide, Australia
10. Vancouver, Canada

This list has a few debatable sides. The fact that Sydney scores better than Auckland, Adelaide or Vancouver is a rather large setting. Housing in Sydney is off the charts, whilst Vancouver and Auckland can give a much better setting, but that is me and I wonder here too why Abu Dhabi didn’t make the list. If affordability is depending on the price if housing (as it needs to be) Zurich could not be in a tied second place either. So why are these lists created and who is wondering what the BBC is up to. Is it catering to political powers and as such to the people who have money to make out of these publications?

It might sound like trivial small ‘bickering’ but in light of the massive opportunity that the UAE hands us all in tourism, this list does not make much sense. Don’t get me wrong. I do not oppose the list as it is made, I oppose the thoughts behind the lists (as I speculatively see it). If the list was a top 25 and merely a top 5 is discussed, I get that, but at present I wonder why this list was even created now (at the end of summer) and personally I have a hard time believing Slovenia made that top 10. Not when the UAE didn’t make that top 10, but that is a personal feeling. I have never been to Slovenia and as such I am not judging, merely wondering out loud.

Have a great day and a safe day.

Leave a comment

Filed under Finance, Media, Tourism

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

July 27, 2025 · 21:42

Forgotten greats

That is where I saw myself. Thinking of a near forgotten great. It was 1935 and a relatively unknown director (in those days) it was his second movie for a new firm and that movie, the setting have been burned into my memory for over half a century. It takes a lot for something to happen to anyone. I am talking about the 39 steps. Even in 1935 the dangers of industrial espionage were seen as monumental and today this is worse. So as I see it. Based on the book by John Buchan, 1st Baron Tweedsmuir the movie by many that matter is seen as an absolute masterpiece (one of them is Orson Welles). As such I see a setting where someone can sort of rewrite the story to be more contemporary. The indication quote given in the movie is “The 39 Steps is an organization of spies collecting information on behalf of the foreign office of…” and we never heard the end because mr Memory was shot at that point in during the public performance. The act out of clear fear is a setting that should not be underestimated. Now, I would love to have a bite at that, but I already have three more running originals, one is a miniseries, one is a story in three seasons and one is an open endeavor spanning 3-4 seasons for now. As such my hands are full and the first work hasn’t even been sold yet. That one is a movie meant for Arabic streaming channels. As such, I need to hand it over to someone who feels frisky to go up against a great like Alfred Hitchcock. Trying to equal this masterpiece is already a herculean task, surpassing it will be close to impossible, but do try, I challenge you.

Consider the settings we have now. NIP (Near Intelligent Parsing), ‘AI’ advertisements by Facebook (or Meta) and that is merely the start. We have woke ‘idiots’ and we have religious nuts, take in measure the settings of a political administration that shoots itself in the foot, the disability of acting out against Russia and everyone is considering the yellow peril (aka China) setting the new frontier. All elements that can make a massive impact in a storyline. 

So as we consider the IP that is starting to make waves (Hyper-loop, AI (aka NIP)) and that is intertwining in western, eastern and Arabic settings. If that doesn’t make for a compelling story, it is out of my hands. Oh, and before you think it is merely governments. Consider the settings that Google, Microsoft, Meta, TikTok and Huawei take on the global stage. And they all want the same thing whilst aiming for similar goals. 

I think there is enough space for a rewrite of the 39 steps, the politics, business and technology are setting the stage that all want to ‘enable’ empowering that setting. And even as the 1935 original was merely implying that setting. Consider that we were given this month “Chinese theft of American IP currently costs between $225 billion and $600 billion annually.” Yet that is a two way stream. As I see it, the west has close to nothing to counter the innovations of Huawei and there is more. So what happens when a ‘dedicated’ corporation merely sets the goals towards profits and become the axial of all this? A sort of SMERSH in real life (like Bond faced in the 60’s) but there is no need for Mr. Memory. So what happens when data sets are given to OpenAI (or ChatGPT) and that system links (falsely or not) the parts that matter? So what happens to the overseers of such a system? I am merely opening doors for someone to pick up the quill and parchment (a laptop is so passé) but the idea comes across I hope. And considering last week, news with the alleged hacks by Violet Typhoon, this movie plot could thicken.

So what happens when that is the setting towards the conclusion, the middle is the start and during the movie you get start to middle in segments and that goes towards the conclusion of someone getting to the end of the story. My idea is that this could make a magnificent movie with a woman in the lead. Perhaps Florence Pugh, Jenna Ortega, Sydney Sweeney, Anya Taylor-Joy, Saoirse Ronan, or Elle Fanning could be cast. You see, this needs to be a ‘younger’ actress. As I see it under 30. A side story would be that she is into climbing, a loner that is driven to succeed in her IT/Consultancy job. Oh and these are merely characters I know off, there are plenty of actresses that could apply. I am merely thinking of the type, not the exact character and I think that this is meant for the one taking up the baton. Would be great if a Canadian or Nordic picks up that challenge. And I got a few more ideas. It could be set against actual political events of 2025. As I see it, this movie makes a massive impact if the movie starts with:

This movie is entirely fictional, any resemblance to actual persons or events is purely coincidental

As a wink to the 1932 claim against MGM is entertaining enough, but when you base this on 2025 events it will gain traction by millions of conspiracy theorists who will drive the movie along making a lot more interested in seeing this work.

A simple setting that should make Alfred Hitchcock wink at the writer and director, in equal measure Orson Welles would applaud the setting as it is a wink towards The Night That Panicked America and the October 30 1938 broadcast it was based upon. It was one hell of a peekaboo. 

I reckon this can be done again and nicely on the bog screen. So if you reckon to be a script writer, here is your chance.

Have a great day. Another fine idea released before Monday morning.

Leave a comment

Filed under IT, movies, Politics, Science

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

May 14, 2025 · 13:04

The price of stupidity

That is at the foundation of the severe conditioned setting of what can now laughingly called American stupidity. CBC reported yesterday ‘Conferences relocating to Canada over harsh new U.S. border measures’ (at https://www.cbc.ca/player/play/video/9.6758054) with the underlying text “As Canadian travel to the U.S. continues to drop, CBC News has found several professional conferences relocated to Canada to avoid harsh new U.S. border security measures. One sociologist describes being grilled by U.S. customs officers who searched his phone and wallet.” As such not only is there grilling (and no grilled sandwich), but searching the phone and wallet? I wonder what deeds custom officers have to copy this all to third and fourth party intelligence gathering settings. I get that a passport needs to be checked (read: validated), but a phone? I might agree that a wallet could be seen as reasonable. But consider this. Tourism already is down and now conferences are the new goal? Consider that the CES has over 100,000 attendees and the SEMA show over 150,000 attendees. Then there are the defence shows and IT shows. How many events will it take for these show runners to go to Vancouver, Toronto, or Ottawa? Is this the price of stupidity? How many millions will America lose in 2026? How long until the larger players will offer their shows in Abu Dhabi where the tourism spike is going on. How long until only gamblers will visit Las Vegas? Nevada have poured serious cash into Las Vegas and now that it is regarded as hostile terrain, what will they lose? There is little interest to move to London or Paris (too touristy saturated), but Dubai and Abu Dhabi have options. Soon so will Monte Carlo and now there is already space in Toronto among the 14 locations are Metro Toronto Convention Centre and Sheraton Centre Toronto Hotel. Ottawa has the Ottawa Convention Centre and a few others. Basically should you consider the Mississauga location (Oracle) for a place to show the CES, America will have close to two dozen locations for people no longer interested in America violating their privacy and as the Canadian places (optionally the UAE too) show bang for their bucks. Plenty of organizers will relocate their shows. 

And there is data. CBC reported in late April that ‘Nearly 900,000 fewer people went to the U.S. in March as cross-border travel plummets’ so what damage will Florida with their Universal and Disney parks endure? Especially as their is a great alternative in Abu Dhabi. As such there is a larger case we see when we consider the Oracle CloudWorld. It was in Las Vegas, September 9–12, 2024. As such Oracle now has a larger case to present their 2025 show in Mississauga or even in Dubai (if the clientele is enticing enough). Dubai has a whole highway of entertainment structures. There is the option of renting a boat for their guests and make a presentation on the Alexandra Dhow Cruise in Dubai Marina. A setting that reeks of elegance and fine foods. America is no longer the place to be, their U.S. customs protocols made sure of that. And I only mention two locations. And after the Guardian reported last week that ‘Stockholm rejects ‘bizarre’ US letter urging city to scrap diversity initiatives’, I reckon that Stockholm would be willing to cater to American shows that now seek entertainment elsewhere. Don’t let the location fool you. Stockholm is magical and it has an amazing cuisine all over town. I reckon that soon enough the high chefs in America will seek their fortune elsewhere. So how much longer will America cater to the stupid minded? I reckon this might be the last year and anyone thinking they will be safe is likely to unknowingly handing their IP to U.S. customs (they might be in denial, as these costume officers will claim that it is protocol). So how long until that damage becomes completely non-reversible?

I will let you decide. And as I see it, Iceland, Germany, the Netherlands, Belgium, and France might have similar issues down the line. So how many tourists and conference dwellers will miss America out of from now on until December 2026? Oh and before I forget Saudi Arabia is about to set new settings in at least 3 locations, so there are these locations to consider too. 

So, good luck with the excuse of protocol and watch what the price of stupidity is about to cost America, as one source gives me “The index now sits just above the historical low of 50 in June 2022. Current Economic Conditions registered at 56.5, compared to 63.8 in March. The Index of Consumer Expectations was at 47.2, compared to 52.6 in March.” So economic expectations is at least 5 points down in about 2 months. So what more losses can we see? Canada looks forward to having a great year in catering to conferences and tourists. As is the UAE. But America is doing great (apparently), as Reuters gives us “Approval of Trump’s economic stewardship rose to 39% from 36%. Trump began his term with a 47% approval rating, and saw his popularity tick” as such how many more shocks to the system can America survive? As I personally see it: retail, tourism, and business have been hit and will be hit a few times more this year, so by the time high summer hits places like Venice beach and other tourist location will suffer the lack of tourist. But not to fret, you can find them in Canada and a few other places.

And as the larger places expand Mississauga and add a European location or one in the UAE, we will see a larger exodus to these safer places and that is a trend that is set to continue until deep into 2027, because conference are usually planned up to two years in advance. Oracle might be the most visible one but I reckon they are not alone. All these players (like Snowflake and Palantir) have customers very worried about their IP and they will press for change a lot louder than I am.

So have a great day and if you want to have fun, pass US customs with a box of 5.25” floppies and see the question marks on their eyes as they are uncertain how to proceed. 

Leave a comment

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

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

April 10, 2025 · 12:08

New short term thinking

The news hit me somewhere yesterday. I got it by means of a LinkedIn mention, and it gave me reason to pause. Here is one version of that news (at https://techwireasia.com/2025/04/microsoft-pauses-key-builds-in-indonesia-us-and-uk-amid-infrastructure-review/) with the mention ‘Microsoft pauses data centre investment in Indonesia, US, and UK’, and here we see the byline “Microsoft pauses or delays data centre projects in the UK, US, and Indonesia.”, it is my view that they cannot afford this setting. You might have heard the American expression, “Go big or go home” and I think that Microsoft is about to go home. You see, I have forever had the clear opinion that there is no AI. I call it NIP (Near Intelligent Parsing), the setting that if too many start accepting the setting that I was always right (which comes from the clear setting that there is one AI station and it was given to us by Alan Turing) the people will realise that there is no AI and it comes down to programming and a programmer. That setting puts Microsoft in hot water for a lot of heavy water (to be poured over their heads). And lets be clear, a side you can confirm with mere logical thinking. A data Centre is a long term setting. No matter what you put in the White House (by some called the village idiot) whatever this administration is, it is short term and a data centre is long term and that so called hype around their AI should never waver. You see, this short term action (read: knee jerk reaction) implies short term planning and that is where they all get into hot waters. Why did you think that I made mention that Google needs to put a data centre in Iceland and consolidate their thinking into geo thermal reactors? (Reactors might not be the right word). A setting where ceramic tiles (or cylinders) surrounding new constructions that is not unlike a nuclear reactor, but the reactor is all around them, not Uranium rods, the Lava (or Magma) is the powerful and as it is merely bleeding the radiation, the fuel never dissipates and never ending energy is theirs. For all these parties looking of creating data centers (as far as I can see around 50 in total globally) they will all require energy and as one data centre takes energy close to a amount a small city does, we will get energy issues a lot sooner than we think.

Did Microsoft think this through? Pretty sure they did and their conclusion is that they cannot spend billion on data centers. So at the same time as we are given “Rivals Oracle and OpenAI ramp up investments”, I come to the conclusion that Microsoft can no longer afford the bills their ego’s committed themselves to. Feel free to disagree, but they set out this AI ‘vibe’ and own 49% of OpenAI, so why close down their Data Centers whilst they ‘own’ one of the ramp up partners? They are figuring out that they are too deeply committed. And as the world realizes that NIP is not the same as actual AI, they fear what is coming next.

So you decide what to make of the stage of “Microsoft has acknowledged changing its strategy but declined to provide details about specific projects. “We plan our data centre capacity needs years in advance to ensure we have sufficient infrastructure in the right places,” a Microsoft spokesperson said. “As AI demand continues to grow, and our data centre presence continues to expand, the changes we have made demonstrates the flexibility of our strategy.”” As I see it, it is an answer, but not the one that touches on this. I come with questions as ‘What growth?’ All this sets the need for some lowered activity, not pausing, unless you know what comes next and there is a larger setting with Oracle, Tencent and Huawei, I know there is a Swedish centre as well but I forgot the name. All these are ramping up, but Microsoft is pausing? That makes no sense unless there is another reason and my thought of “They can no longer afford it” takes another gander and when we consider that they paused “North Dakota, Illinois, Wisconsin, the UK midlands and Jakarta, Indonesia.” That implies something is going on and when we combine this with “Microsoft cuts data centre plans and hikes prices in push to make users carry AI costs” (source: The Conversation, March 3rd 2025) these elements together implies (imply, not proven) tells me that there is a funding setting for Microsoft. Combine that with the lovely voiced fact of “OpenAI brought in US$3.7 billion in revenue – but spent almost US$9 billion, for a net loss of around US$5 billion.” (Source: the Conversation) we see another failed setting and that failure gets to be bigger. As Amazon, Google, Oracle, Tencent and Huawei steam ahead getting larger data centers and ready long before Microsoft is there means less revenue for Microsoft. I did say that they could go big or go home? I reckon that Microsoft already lost 6 times on front settings and they lost to Amazon, Apple (twice), Sony, Adobe, Google, and IBM. I should add Huawei to that list but they already bungled that setting before Huawei became an actual competitor. A simple deduction from little stupid old me. 

So whatever you do, you might look into the trust you gave Microsoft and see that you are not left with an empty shell. Oh, and to prove that I am not anti-Microsoft you need to know that they did corner the spreadsheet market (Excel) and the flight Simulator market. Microsoft did some things good, but when it comes to the spin setting of vibes they need to reassess their situation.

Have a great day, it’s midweek now. I am happily in the next day.

Leave a comment

Filed under Finance, IT, Media, Science

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

April 9, 2025 · 16:30

A danger possibly foreseen

That was on my mind this morning. It was brought to the surface by the actor John Cryer (the famous duckster as well as a surgeon in NCIS). He referred to an NPR broadcast.

And the article (at https://www.npr.org/2025/04/08/nx-s1-5356476/social-security-new-rules) gave me pause. I had seen this before and after a few minutes and a ‘eureka’ moment I came up with my article ‘Utter Insanity’ (at https://lawlordtobe.com/2021/10/04/utter-insanity/) where I (read: Reuters) came up with “That could spare the United States a default, but would force other cuts, possibly in areas like Social Security or military pay.” I had come to that conclusion before that ion a few articles I mention there. It comes to ‘blows’ with “It is the relentless boasting government approach towards “My Credit Card is too big too refuse!” Yet that is at this point exactly what is going to happen next week Friday” and that moment was avoided with millimeters to spare. And now? Now we get the timeline change in a few ways. NPR gives us “Instead, they will have to seek services online or travel in-person to a local Social Security field office, which a new analysis from the left-leaning Center on Budget and Policy Priorities, or CBPP, found amounts to a “45-mile trip for some 6 million seniors.”” Here I do not completely agree with NPR, even though they talk in my street of the equation. The added NPR setting is “More than 4 in 10 retirees apply for their Social Security benefits by phone, as do most spouses who are eligible for benefits,” researchers wrote. “So do the substantial majority of bereaved family members who are eligible for benefits following the death of a worker.” This is a valid setting, however, the American administration has valid issues with “Agency officials have said these new measures “will further safeguard Social Security records and benefits against fraudulent activity” by creating “stronger identity verification procedures.”” I agree that they need to stop Fraudulent settings, but that might not be the best way to go about it. For one, the people with clear settings because they moved to Costa Rica or another warm place where their dollars has a better spread is one reason and there are plenty of places to do that and they fall into a dark gap of nothingness. 

So I am a little on the fence with “Beginning on April 14, Social Security will perform an anti-fraud check on all claims filed over the telephone and flag claims that have fraud risk indicators,” they wrote. “We will continue to conduct 100 percent ID proofing for all in-person claims. 4.5 million telephone claims a year and 70K may be flagged.” I agree a better setting needs to be found, but in clearness the American administration has a clear point with optional Fraud. The clarity is seen in the numbers and if there aren’t any, the question becomes why isn’t there a better documented stage? I for one am in the setting that consulates and embassies need perhaps half a dozen more people in certain places to do that work. Too bad America let go over 30,000 federal employees. Perhaps that was an unforeseen blunder of mega (or is that MAGA?) proportions. 

The fact was that I saw this in 2020 and whilst there were references in 2019 going back to 2014, they were partially the same but founded on different facts. So it might seem the same, but it is not. NPR has given a rather large spotlight on something that starts next week and that will have people buzzing in all kinds of panic modes, because retirees that face this will panic and that is on the administration of THIS government, no one else.

So what is the solution? Well, I have a few ideas, but why do the work for people who are making 7 figure numbers. Let them prove their value or perhaps they might be made redundant (too save a few coins in the process). Oh, and before you think I am merely stirring the pot of panic (not entirely incorrect) I decided to give a few ideas another thought like the Google Data centre on Iceland. You see, before 2022 I had an idea, I reckon it was around 2010, I thought (in light of a few Venusian settings. I saw that there that we get “Venus has an extremely hot average surface temperature of around 867°F (464°C) due to its dense, carbon dioxide-rich atmosphere and a strong greenhouse effect, making it the hottest planet in our solar system.” As such I thought (a partial solution that these sulphur batteries might be actively recharged (and happily ignoring other needs), but for unmanned recon it could suffice. So in the meantime we get 

“Also in 2022, Researchers at Drexel University produced a prototype lithium-sulfur battery that did not degrade over 4000 charge cycles. Analysis has shown that the battery contained monoclinic gamma-phase sulfur, which has been thought to be unstable below 95 degrees Celsius, and only a few studies have shown this type of sulfur to be stable longer than 20 to 30 minutes.”

Yet in a volcano rich environment (like Iceland) these lava pockets might be the stage for thermal interaction and the lava (or magma which is a technical setting) flow could recharge almost indefinite. So we have power and as cooling might not be the issue, water is still needed to cool other stages of a plant like that. Fortunately the Greenland Sea (or North Atlantic around the polar circle) is plenty cool (read: cold), so could these two elements unite to give data centres the steps they need to become energy independent? You see, everyone needs more power, so power will cost more and more and we have Iceland in the North and New Zealand in the south, yet New Zealand doesn’t have thermal energy (as far as I know) so a different solution is needed there.

But the setting is still about social security (I got blown off track). So whilst the people are screaming for fraud setting, are there any clear numbers on how many are using social security for fraud (I am certain it is done), but are they overthrowing the system for 10-50 cases? There are 6 million seniors at risk. The question becomes how do the military deal with these cases? How many retired veterans does America have? Would their system be good enough to be adapted to the senior citizens of America? If the Military needs more staff to deal with this, I reckon that at least 20,000 people were fired and need a new job and as most embassies and consulates have military presence adding a few logistical people might be a better solution. Was that investigated? 

I reckon all good questions, but who has the answers? In the mean time Google needs to create data centers with independent power solutions, because the (around) 50 new data centers that seem to be coming all over the world will draw power dry to a dangerous level, being the odd one out will give them a leg up over anyone else. And perhaps they have a better solution than I just phrased. I am not the best, but I remain trying. That’s more than I can say for a lot of high paying people in the American administrations we see. 

So have a great day and while I have my ice water, I will dream of becoming a Goalie at 63, still preferred with the Toronto Maple Leafs, but Iceland will do as an alternative choice (I doubt they need me, but there you have it, I can be delusional too).

Toodles

Leave a comment

Filed under Finance, Military, Politics, Science

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

April 8, 2025 · 09:50

The fifth branch

That happens, even as I wrote about crossroads there is always that one intersection that has a fifth branch. The road often ignored and the road avoided, but it is there. So up first is the admittance that what you are about to read is fictive, a pure cog of my brain and optionally nothing more than the thoughts of a conspiracy theorist. And to make matters worse (for me) is that the setting go Google yesterday wasn’t completely coincidental. I wouldn’t mind taking Sergey Brin for a ride (something he didn’t ever deserve) for the simple matter of gaining $15 million. The man has an estimated value of $121.2 billion, so at the setting of him losing 5%-15%, avoiding that to hand me a $15 million (and a job) is not beyond me, I have no idea how to do that, but here comes President Trump and that story begins. 

So yesterday I got to the idea that making money of short selling stock. To do this you need a really stupid idea that will shed the markets. In this we see that over the last 48 hours the markets lost around 10 trillion dollars. So what happens when this is design? The entire tariff setting never made sense, unless it was by design and tariff on a Mc Donald Island (with only one CIEIO) and a lot of penguins, so that the President can claim medicine imbalance. In the meantime unknown ‘friends’ of his when the markets are at their lowest, buy what they can. Another party hands them the money and President Trump claims his 70%, these people will still get 30% and when you have nothing any slice of 3 trillion will do. Even at 1% that is 30 billion and I doubt they will make that much, they will make enough to have their dream retirement at 40-50, something they never thought possible ever. But there you have it and the larger setting is that when the dust settles most offices cannot investigate as too many offices has lost their staff. A weird but not impossible setting.

And the people will claim I am mad, consider that I wrote from the start it is all fictive. I will leave it to the willing courtesans (called media) to connect the dots I placed over the last week and try to cash in on their digital dollars. As for Iceland? Well when the ships (read: governments) sink due to warmongering and China has had enough reasons, issues might rise and then we see that Iceland and New Zealand are the only two safe places on the planet. I chose Iceland as with their volcanoes and hot springs they have foundations on energy production. A nice pickle I avoided didn’t I?

Anyway escape your doom with my fictive imagination and take solace in the knowledge that if this is proven true that President Trump and his gang of extras will quickly evade to Russia (the only country who didn’t get a tariff) and America will see such anger it never saw because the entire American army, the secret service and others do not have the manpower or the ammunition to stop 200,000,000 angry Americans. 

Not a bad play write even if I say so myself. So next stop more creativity for me.
Have a great day and remember the Kjötsúpa (Icelandic Lamb soup) in Reykjavik is apparently phenomenal. 

1 Comment

Filed under Finance, IT, Stories, Tourism

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

April 7, 2025 · 22:02

Crossroads to the past

At this time the world is waiting what insanity goes our way. The tariffs are here, the news is shouting against each other trying to get the audience to listen to ‘their’ version of what is likely to be. I gave my view in the past and so far I see nothing to change my mind. An additional side was given to my mind when I considered what the friends of President Trump would do. When you know that negative impacts are coming, such a revelation is nearly as successful as making a killing in the markets on things that go right. As markets are shedding billions (up to now, over 8 trillion has been written off) and I reckon that someone was making a killing all on their own.

Still, that is not my problem. The benefits of being poor, no stock to worry about. Still my mind gave me an idea.

You see all whilst I was considering my next challenge (I am currently walking the length of the UK) and my next challenge will be Iceland (1332 km).

It came to me as I had a few thoughts (none related to markets) and the setting as I saw them gave me an idea. The setting is set around Google who found a way to use the thermal energy to power a new data centre and the idea is that with the water around Iceland being used to cool the systems. Google had a novel way to have a data centre that could connect both Canada and the United States to Europe and the UK, the possibilities are without limits. Yet as the building goes on, a person gets ‘infected’ by a group of Light Elves (Ljósalfar). That person get visions and goes off the rails. He is sent to the UK to recover, but the problems are slowly increasing. A second person also gets ‘infected’ but reacts better to it and this starts the unification between man and elf. 

My mind is still working out a few kinks in the cables as they come to mind. One of these is that these Icelandic houses (for elves) as they were build were ‘infected’ with talismans to bind elves and that remains a ‘mystery’ in the story. And I reckon that the end goal are the Norns, the Nordic fates had moved to Iceland. The three goddesses known as Urðr, Verðandi, and Skuld, who weave the threads of fate and tend to the world tree. But their powers are set in 6 jewels. A ring and a necklace that each of the three had. The women are not there, but their jewels are. And the elves are the only one who could see where they are. 

The idea is to map out Iceland in near perfection a whole island to investigate (a small wink towards Midwinter) The idea is to have a new kind of RPG, mostly stealth based (which makes for a non-weaponized game. But the setting are evolving in my mind and I have an idea to make the game more technology minded and also intertwining with mythological sides. Still too much to figure out. And it is fun, Microsoft gives us “Our 23 game development studios focus on delivering great games for everyone, wherever they play”, I on the other hand are a mere person who set out the creation of gaming IP by myself and I created the setting of close to 15 games, so how many games did they create? How many are on the minds of gamers? I bet there are a few but how many people are involved with ‘these’ games. 23 studios? Should be at least 50-100. Me and my mere simple lonely person did it all myself. No matter what happens. I feel decently proud to have been able to create all this IP (and other hardware IP). I remained creative whist other do whatever they do. 

I shouldn’t play my own harp, but at this point I created at least 3 unique original IP and that is nothing to be humble about. And this game I merely thought into existence today. I feel proud of my own abilities at this time. And I haven’t even decided whether this could be a game or a movie.

Time to create another chapter I reckon, not sure where my creativity will lead me. Have a great day.

Leave a comment

Filed under Gaming, IT, Media, movies, Tourism

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

December 2, 2022 · 19:04

Would you like some sugar with that?

I got a message yesterday which I initially ignored. Nothing wrong with the message, but I can only go to so many places in an hour and this message stretched me too thin, as such I let it be. Yet this morning I had a few moments so I checked out the message from Defense One. It gave me ‘US Trying to Persuade More Allies to Send NASAMS Missiles to Ukraine, Raytheon CEO Says’ (at https://www.defenseone.com/business/2022/12/exclusive-us-trying-persuade-more-allies-send-nasams-missiles-ukraine-raytheon-ceo-says/380382/) the thing triggered something, but I did not exactly know what was triggered. I thought I knew, but it was too far into the past for that to make sense. Yet the article set me straight. Initially we might see “U.S. officials are working to broker a deal with NATO and Middle Eastern nations to send some of their NASAMS interceptors to Ukraine, Raytheon Technologies CEO Greg Hayes said Thursday”, it did not help me much and “the Pentagon awarded Raytheon a contract for the first two NASAMS batteries. The company delivered the interceptors within six weeks, Hayes said, because it had many parts on hand and because Doug Bush, the Army’s top weapons buyer, helped speed things along.” So I had to seek out more information and there the other cog fell to the floor. NASAMS or Norwegian Advanced Surface-to-Air Missile System is the child of the Kongsberg Defence & Aerospace (KDA) and there the cog felt. It is a system from 1980. Kongsberg is led by Eirik Lie (weird name for an honest person). And there my defence knowledge partially kicked in. I knew of it, but that is about all I had. The Norwegians had designed the system to replace two Nike Hercules facilities in defending Norway’s southern air bases, where it would act in conjunction with F-16s in providing a layered defence, and that it did very well. I reckon that the engineers are proud as peacocks that this system can go to town on Russian missile systems 42 years later, there is no replacement for true innovation. I always said it and here you see it. OK, it was upgraded to a third version in 2019, but still it was tailored to a good design. And now we see Raytheon seeking assistance (of a sort). Here is also the problem I see. If manufacturing is a hard part, there are two sides to helping out now. What if this was Russias plan all along? What happens when Finland, the Netherlands, Spain, Oman, and Chile ship what they can ‘spare’ and a week later Spain and the Netherlands feel the brunt of running low on stock? I am not saying that this will happen, but the steps of Russia have to a larger extent not made sense and the pro-Russian coalition of the Dutch FvD will use that setting to every extent and that leaves a bad taste in my mouth. 

An alternative could be to assist Saudi Arabia with their 2030 goals and create a NASAM production facility there. If distributed manufacturing is a solution, creating an additional pool of manufacturers would become essential. In addition, the US and EU need every positive vibe they can muster as such the option has two benefits. Adding these solutions to Germany, Sweden, Denmark and France make perfect sense as well. When that happens we see five additional manufacturers, but that is not a short term solution, Ukraine needs missiles now and 2 years is too long. Yet with 5 additions, 2 years would be shrunk to 13-15 months, already a large saving. Now sending part of the needed missiles makes sense as there would be 5 additional creators. I see the simple setting that resources are required, then we see the manufacturing and after that shipping. The last part has plenty of options, the first two less so, although we can see that manufacturing is the bottleneck, Russia will soon see that if these 5 nations unite, Russia will end up having less and less options. And that is before we consider alternatives, You see Iceland has only 4% unemployment, but it might be reason to create another plant on the US base there (or next to it) which could create up to 2500 jobs. As such we see six options, is it a solution? I honestly do not know, but when the waiting list is two years something needs to give and it would be nice to see this before Russia gets to be creative with their missiles, ask Poland how that worked for them. The EU (US too) needs to act now, but merely getting others to send what they have might not be the safest path, not with current timelines. That is how I see it and if someone says I am wrong, I will not deny that my idea was completely ‘ad hoc’ and it would require scrutiny, but what would you do when you get told that anti-missile solutions are two years away? Especially when you consider what Russia is doing to the civilian population of Ukraine?

Leave a comment

Filed under Finance, Military, Politics, Science

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

May 5, 2018 · 13:01

Milestones

We all hope to make certain milestones, some through fantasy, some through luck and some through anticipation. Your first threesome, the moment you joined the mile high club and for governments they have their own achievements, for example when they join the 100% debt club. So when we realise that Japan has well over 200% of GDP in debt, the US has passed the 100% marker and it joins those they looked down on for the longest of times. Italy, Iceland, Granada, Eritrea, Greece, Jamaica and Lebanon, all members of that 100% debt club, so when we see the Arabian Business (at http://www.arabianbusiness.com/politics-economics/395741-100-debt-club-set-to-get-new-member-from-oil-rich-gulf), treat us to the facts that Bahrain will soon join Libya and the Sudan as their debt exceeds their 100% GDP. We see more and more messages at present and even the IMF is setting a different atmosphere. We see part of that in equities.com. There we see “IMF (Page 10): Against a backdrop of mounting vulnerabilities, risky asset valuations appear overstretched, albeit to varying degrees across markets, ranging from global equities and credit markets, including leveraged loans, to rapidly expanding crypto assets.
MY TRANSLATION: In the last two major bubbles, the problems were mostly contained to dot-com stocks and housing. That is 100% not the case now. Almost every single asset on the planet – from stocks to bonds to loans and more – is wildly overpriced. There is zero room for error with prices at such dizzying heights“. This is merely one setting; the field is expanding on a larger field and in all this, the nations that are passing the debt bar. France is set at 99%, so if they cannot contain the debt growth they will pass it this following financial year, leaving only Germany as one of the four large economies that is in a containable situation and there is where we get a partial ‘I told you so!‘ You see I wrote on part of this 5 years ago. (at https://lawlordtobe.com/2013/05/15/a-noun-of-non-profit/), I made a reference in regards to Brexit, but the setting of it all was a lot larger than merely Brexit. So as you get to contemplate “Consider a large (really large) barge, that barge was kept in place by 4 strong anchors. UK, France, Germany and Italy. Yes, we to do know that most are in shabby state, yet, overall these nations are large, stable and democratic (that matters). They keep the Barge EU afloat in a stable place on the whimsy stormy sea called economy. If the UK walks away, then we have a new situation. None of the other nations have the size and strength of the anchor required and the EU now becomes a less stable place where the barge shifts. This will have consequences, but at present, the actual damage cannot be easily foreseen. Any claim that there is no consequence and they predict no issues, remember this moment! The Barge (as is), will lose stability and the smaller members thinking they are on a big boat are now thrown left to right then left again as the storm rages on. The smaller nations will get damaged and in addition, the weaker ones (Cyprus and Greece) could still collapse, especially if the UK takes a non EU gander“, this was predominantly regarding Brexit. Yet the implications are larger as I stated. The UK is taking on Brexit and now we see that the German anchor it the only anchor giving some stability, the UK is taken away, Italy has lost its footing as it surpassed the 100% debt and now France is pushing that boundary as well. All because it was easier to play the popular fool than taking a hard stance on their debts, France is not alone, Italy and the UK are all there, the smaller ones have no options to give strength to the large 4 and as the UK figured out that going it alone is much better for the economy, we see a dangerous setting.

Even now, when we merely consider Spain in all this (not the smallest economy), we see (at https://www.southeusummit.com/europe/spain/spanish-economy-returns-grade/) that Standard & Poor’s is still playing (what I personally see) as ‘their little game’. Perhaps you remember ‘S&P reaches $1.5 billion deal with U.S., states over crisis-era ratings‘ (at https://www.reuters.com/article/us-s-p-settlement-idUSKBN0L71C120150203) the one quote (one of many) needs to be considered “S&P parent McGraw Hill Financial Inc MHFI.N said it will pay $687.5 million to the U.S. Department of Justice, and $687.5 million to 19 states and the District of Columbia, which had filed similar lawsuits over the ratings“. So when I see “S&P notes that Spain’s overall economic and budgetary performance has not been hampered by political tensions in Catalonia, as many had feared. The country’s GDP increased by 3.1% in 2017 and last week the Bank of Spain raised its economic forecast for this year to 2.7%, up from a December forecast of 2.4%“, you see, the numbers are not really in question, yet when we see the image below (source: Trading Economics).

When we realise that none of the EU nations has a grasp on their debts, in addition, the GDP for Spain went down whilst it is still below the numbers of 2016 and before, there is actually no reason to see the credit rating for Spain go up. I am personally speculating that the EU will be so much more hardship when France hits the 100% debt marker. It matters, because this will soon become the academic exercise that the question: ‘What is the difference between cooking the books and creating a false positive wave through inflated credit scores?‘ I actually do not have the answer here, but I guarantee you that the quality of life in Europe is not moving forward any day soon, not until some issues are seriously reconsidered. In addition, the US-China trade war isn’t helping anyone, not even the Europeans so that will also become a factor of debate soon enough. It partially relates to “We have revised upwards our GDP forecasts, with an intense rate of employment creation and an economic model based on the external competitiveness of our companies. With this scenario, we will achieve our objective for 20 million employed people by 2020“, the issue is that it is misrepresentation, you cannot rely on the unemployment figures and then state we will have 20 million employed, because on a population of 46 million, he might be implying that the unemployment numbers will skyrocket from 17.4% in 2017 to 56%, that would be crazy, yet that is what we are told, is it not? The best lies (read: miscommunications) are done through statistics, so that the feather matches the bird one would say. Still, back to my speculation, I believe that Spain is not the only nation in this setting; I think that some numbers in pretty much every EU nation are beefed, weighted and set to make Europe (or basically themselves in the European setting) look much better, so when the UK leaves they will not look as weak and feeble as they have actually become. It is a setting that is way too dangerous. There is no way that Mario Draghi is not part of this, so when we look at the Financial Times of last week we see ‘Mario Draghi acknowledges ‘moderation’ in Eurozone growth‘ (at https://www.ft.com/content/3e20b49e-4939-11e8-8ee8-cae73aab7ccb). So with “Analysts said that Mr Draghi’s guarded language suggested that the ECB may wait until July — a month later than previously expected — to provide the markets with updated “forward guidance” on its plans to phase out the crisis-era stimulus“. I am a little less optimistic in regards to the quotes, and when we see ““Better safe than sorry was the motto of the day,” said Dirk Schumacher, economist at Natixis“. I personally tend to see that as:

Better safe than sorry
It allows for another day without worry
As we pile the worries and woes
To a stack we can blame on crows
Those at the London Tower are best
Because when they leave the EU we can make them the jest
And when our barge is no longer secure
We move to Wall Street where we can endure

You might think that I am merely making light of all this. The issue is that people in Europe seem to ignore that over €2,000,000,000,000 was printed without the validation of treasuries or consent of the people whose funds got devaluated even further. Do you think that printing money has no cost? It is money that the EU never had, so why did you think it came without consequence?

This partially (and I mean partially) is seen in different ways when we look at an article from Reuters merely two weeks earlier (at https://uk.reuters.com/article/uk-ecb-policy-draghi/stock-volatility-no-big-factor-for-ecb-so-far-draghi-idUKKBN1HG1VR) ‘Stock volatility no big factor for ECB so far – Draghi‘, now I agree that volatility will come and go, so the ‘so far’ part is perfectly fine. When we see ““While we remain confident that inflation will converge towards our aim over the medium term, there are still uncertainties about the degree of slack in the economy,” Draghi said in the ECB’s annual report“, now I can agree with that. There will always be a certain amount of uncertainty, that is all good, no issues there, but it is set on a certain premise. When we see that Spain (the only visible one) suddenly in opposition of what I see as real has its credit score increased and as such we see the start of an optional bubble, when others do the same we see the forecast on unreal values, so we see the bubble is not set to the reality of the actuality, at that point, when a lot more start realising that some numbers do not make sense, the uncertainty grows and the closer the UK is to leaving the stronger that uncertainty becomes. At that point we see a run and a total collapse, when that happens, when the people realise that pensions before 78 is no longer optional, do you think that the people will remain calm? When they realise the impact of €2 trillion printed cash is impacting the 26 nations, how much value decline will they face? When that happens, how will people react in all this? Now we get to two elements, one is the mention in the Financial Times where we see: “But the weak economic data for the first quarter have triggered increasing speculation that the first interest rate rise will be delayed until later in 2019. A smaller number of analysts are expecting the bank to continue QE into the new year“, the second is that the entire stimulus was to set the economy right, which did not happen, now set that against inflated credit scores, inflated economies and the downturn that follows, that will happen, it can no longer be contained, merely delayed to some extent. When it does hit Europe would not have a penny left to balance against and it will leave the bulk of Europe destitute. There would be no defence against the next downturn and that is when disaster will truly strike. So as the story is pushing towards ‘protectionism’ and ‘patent values’, we should also consider that impact. Now, as a University graduated Master on Intellectual Property rights, I do comprehend some of the issues, yet I am not a patent attorney, so there are parts that I will ignore or not look at. Consider that a national economy is now more and more dependent on the national patents and the represented value that they hold. Now we get European Patents, the Unified Patent Court (UPC) allows for a simpler way to get it all registered and to some extent enforced. So it is a good thing overall, there was never too much fuss about that side, yet the one strong economy (Germany) is now setting the stage to oppose the UPC, we see this (at http://www.ippropatents.com/ippropatentsnews/europenewsarticle.php?article_id=5725), where we also see “Alternative für Deutschland (AFD) has called for the repeal of the convention on a Unified Patent Court (UPC). AFD “rejects the EU patent law reform”, according to the German Bundestag, which announced the motion on 7 March“, I believe that overall the UPC is a good thing, but there will always be small interests that are not perfect, no EU setting is 100% positive, yet overall, to get one filing for all EU nations, in light that even the UK agreed (and ratified) is a good thing. So when we see “It was based on three grounds, mainly how the UPC Agreement violates EU law, the majority requirements of basic law, and does not comply with the rule of law principle related to judicial impartiality. The complaint was scheduled to be heard in 2018 by the second Senate, appearing as the 11th item on its agenda. In Germany’s 2017 federal election, the AFD won 12.6 percent of the vote and received 94 seats, the first time it had won seats in the Bundestag“, there is an academic setting, yet with 12.6 of the council in hands of the AFD, a very Brexiting minded party, or is that Berlout or Deutchleave, we need to realise that the patent issue is a lot more biting in Germany and that cannot be ignored, as they give rise to uncertainties. So when we get back to the uncertainty there, as well as other uncertainties, and whilst we saw Mario Draghi accept that uncertainty results in stagnation, how much more stagnations are required for the next downturn, even a short term one, whilst the economic reserves have been already been drained.

Now we have a much larger setting, the EU was never about everyone agreeing on everything and the economic setting that requires that to happen at present is also making the dangers of waves that sinks the barge called EU. Now, that seems like an exaggeration, but when you realise that the German anchor is the only one giving stability, you can see the dangers the EU faces and more important, the dangers of no reserves and an utter lack to keep proper budgets in place, a setting now in more danger for the reasons that I gave supported by the economic views of many others. I believe some are downplaying the impact, yet when we realise that EVERY European Union government is downplaying the economic impact (as every nation always wants to look as good as possible, which is a PowerPoint setting of the human ago) we get a much more dangerous setting. We accept that the smaller nations have a negligible impact on the whole, but on a ship that can only remain truly stable with four anchors, losing three is a much bigger disaster than anyone realises, and that downplay will hurt all the players that are part of the EU, so when the downturn starts, we will see kneejerk movements from all the nations, all the big players and we can only speculate the fear mongering speculations that the IMF will treat the European audience to. I have no idea what form it will take, but when it happens I will take a deeper look. In a setting where every negative economic milestone could lay waste to whatever reserves its citizens wrongfully thought they had in the first place.

 

2 Comments

Filed under Finance, Media, Politics, Science

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