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Falling off the wagon

It all started with a success story, it then ‘evolved’ into the age of complacency as it was lying in a lazy floating chair in a swimming pool. America was lazy, complacent and greed driven.

Huawei overtook Ericsson in 2012 as the largest telecommunications-equipment manufacturer in the world, then casually overtook Apple in 2018 as the second-largest manufacturer of smartphones in the world, still behind Samsung Electronics, and rose to the 72nd rank on the Fortune Global 500 list. In December 2018, Huawei reported that its annual revenue had risen to US$108.5 billion in 2018 (a 21% increase over 2017).It is at this point that America was a mere 3rd position, Huawei is presently servicing 47 of the 50 largest telecom operators on the planet, for the first time in history America no longer really matters as a technology provider. Sources like the Economist, the Guardian, Fortune and TechRadar all give the same news. It is at this point that the USPTO has to give the goods (read: the bad message) that Asia has surpassed America with registered patents by a lot, and the US has to deal with more and more bad news as they get strangled by a debt that surpasses $22,000,000,000,000. 22 trillion and no end in sight to turn it around, now that 5G is off to the races more bad news is given as the American and Nokia 5G solutions are decently inferior to the ones that China (Huawei has). The American overreaction is astounding and it comes with additional levels of humour. When we see an article by cyber security expert Zak Doffman in Forbes ‘Huawei ‘Slams FedEx Vendetta’ After Courier Refuses To Deliver P30 Phone To U.S.‘ (at https://www.forbes.com/sites/zakdoffman/2019/06/23/huawei-slams-fedex-vendetta-after-courier-refuses-to-deliver-p30-phone-to-u-s) where we see: “Parcel returned by FedEx due to U.S. Government with Huawei and China Government—return to sender, the humour is here as we also saw a month ago: ‘Drug traffickers’ favourite way to move fentanyl is FedEx and USPS‘, so Fedex can stop a Chinese mobile phones, yet is incapable of stopping drug traffickers. It has become that bad and for the life of me, the idea that that stupidity has grown to this degree at the moment has made me realise that pretty much my only option left is to offer my IP at 10% value to China as America clearly can no longer be trusted to stop the stupidity in its own ranks.

And it gets to be worse. Now we see: ‘The U.S. blacklists five Chinese supercomputer firms, including AMD joint venture THATIC‘ (at https://www.pcworld.com/article/3404464/the-us-blacklists-five-chinese-supercomputer-firms-including-amd-joint-venture-thatic.html). So as we are now introduced to ‘U.S. firms will be forbidden to do business with the companies‘ we are shown more than stupidity. I have been an avid fan of the segregation, isolation, and assassination triangle in tactics, but this is pretty much the first time in history that a nation is doing it to itself, implying that American bankruptcy is so close to the collapse that they need whatever they can to delay the collapse of their economy. I can never trust any government in that position to be honest about any trade it holds. Handing my IP over to China is perhaps the only option to get any decent amount of funds out of them, and I have to pay the rent at some point.

Do I care about these Chinese companies? Not really! Apart from my trusty Huawei mobile, I do not know any of them and there is no real reason to know or care about them, but the actions of America to the degree that they are doing it, like they are the biggest whoring bully on the block also implies that they can do it to anyone else and as I see it, there are plenty of UK (BT), Swedish (Ericsson), Finnish (Nokia) and other firms they can do this to when things do not go their way. They will come up with some kind of National security scheme like Finland is next to Russia or something like that. It is nice to advocate open and fair trade when you are the only one dealing (IBM, Microsoft) but that is no longer the case and Microsoft has become too self-indulgent as they screw up market after market just to push their Azure solution. America can no longer be trusted, that is the short and sweet of it, they know it and Americans know it too, but they are too desperate and there is no stopping a desperate bully who is about to no longer matter.

And the world is not ready for a bully like that. Japan is too deep into its own problems, Europe is desperate to avoid whatever recession comes next and the others have no independent voice. In all this India is as isolated as it gets and that takes 12.5% of the global population out of the equation. As the risk of a 2020 recession in Europe is nearing an almost certainty there is panic, there is panic on Wall Street because the 2020 recession will hit the US squarely in the chest during the elections, ending whatever small edge the Republicans have and it changes everything for them. The 2020 recession will be worse than ever because the ECB squandered their reserves on incentives and stimulus as there are no reserves left. The ECB, IMF and Wall Street all knew that this could come and the 5G hype was all about avoiding it so that the new economy could restart what was lost, but their lag against Chinese Technology vendors (read: mainly Huawei) is so large that it will help the Chinese economy, but the others will only get a fraction of the IP they do not own and that fallback (or non optional fallover) is a lot larger than some are willing to admit to.

Now the short sighted American bias against Huawei and China is hitting new heights as they try to isolate China, yet in the end they are isolating themselves as Europe is seeking another option, they are seeing the value of Chinese IP and they want alternatives, especially if it could delay or even turnover their own impending recession, in that scenario America will lose more and more because their own technology is flawed, untested and lacks innovation. It will hit Europe, whilst benefitting the Middle East as Saudi Arabia, the UAE and Qatar have signed up with China, America lost more than just weapon deals there.

What Cisco achieved with UTS in Sydney a decade ago is now happening in Qatar, Qatar University College of Engineering now has a similar deal with Huawei, implying that Qatar might be the first place where Huawei trained 5G engineers and innovators are born pushing 5G innovation. For Qatar this is more than good news, there is a first stage where Al Jazeera could become technologically more advanced than CNN, another blow to American pride and Al Jazeera is eager to really get there. They have miles to go, yet with 5G fully deployed they can do it in less than half the time we expect. All elements that push America back further and further. When I stated that this was a stupid move by America in 2018, I actually had no idea that they would lose to this degree, but at present they are and their decisions are making things worse not better.

As we see the first Huawei Authorised Information and Network Academy (HAINA) programme launched in Qatar, we also recognise that this will enable Saudi Arabia and the UAE more and more, so there might be a diplomatic stance ending the unfriendly border issues between the three and they will profit stronger and stronger.

There is absolute truth in the statement: “Undersecretary of the Ministry of Education and Higher Education Dr Ibrahim Al Nuaimi, said developing the technology capabilities of Qatar’s youth will have a significant impact on the smart evolution of society and country, contributing to the growth of Qatari economy.  “Initiatives such as this one between Qatar University and Huawei demonstrate the power that cooperative action can have in shaping the future of a nation,” he remarked“, it still requires the foundation and the nurturing of how to grow innovation, yet I have seen again and again that the hungry will find alternatives to make food and Qatar is clearly famished at present.

And there is one more nightmare to face. You see if China gets any IP hands on anything that could replace x86 technologies, the US is truly done for. At present they will laugh, scream and make all the claims that an ego driven nation could make, but then there is the history. We have 1975 when Federico Faggin and 11 employees created the Z80, there was a small team led by Chuck Peddle who came up with the 6502, it hit Intel and Motorola hard, a chip at less than 15% of the cost of an Intel or a Motorola processor. It would fuel an industry that would sell well over 15 million computers in an age where computers were not popular. We recognise that America was the driver in all this, it drove RISC to be the factor for the creation of Summit, still the fastest Supercomputer in the world, yet now that China surpasses America in patents, they have the core to create a new age of computer technology. We see that from 2017 onwards the Huawei Mobile Phone is the personal server to have; the fact that it is a mobile is beside the point. My IP was a security pass on personal mobile servers and that is the foundation of the next decade. It is not the personal computer or desktop, there is still the laptop and Chromebooks (and likeminded devices) have the option to be the next power drivers, but Huawei has the hand with 4 aces, they have the foundation of mobile personal servers and it scares America. My idea for what would have been (optionally) the Google Tome was founded on that idea as I created a solution to stop the NHS collapsing. Now that most elements are with Huawei and Chinese operators, America actually matters less. Even as Microsoft is still screaming Azure (whenever they can), we see that there are other options that could do similar and could surpass Microsoft within 4 years, that realisation is scaring America to death. They have no options when that happens. Complacency got them there and the next generation of these so called ‘captains of industry‘ are holding a hand with a two and a seven and they are playing Texas hold’em. A proverbial Snake eyes for the craps dealer in the house, which is the setting and the stage they can no longer escape. It is where they are at and their overreaction merely shows their levels of desperation.

In 2021 we will see that not only will they have lost 5G to a crippling degree, the other players will fare even worse. If China gets a decent deal with Japan, America will have segregated itself, they isolated themselves as Europe and the Commonwealth will seek whatever keeps them afloat and at that point with the debt closer to $25 trillion, they will end up cutting their own wrists with all the uber wealthy Americans seeking sunny shores in their mega yachts. Suddenly places like the Riviera, Dubai, the Virgin Islands and Italy will be swamped with Americans who will be quiet as mice as they wait for America to reinvent itself in the span of 2-3 decades, and America needs to get lucky to do it that fast. As the world is set to the currency of IP and patents, it might take a whole lot longer than that.

When I decided to get my Master in IP in 2010 I knew that there was a change in the winds, it was the clearest in IT, but I saw how it would impact to a much larger degree, I saw the shift to mobile patents in 2012, and now I see the other shifts too. I feel certain of my view, I cannot tell how politicians will react because that too impacts the changing tides, but overall they seem to align to the need of greed too often as such, my predictions are more likely than not coming true. It’s a sad world, if only American firm had not been so lazy relying on iterative technology for a decade, things would be very different indeed.

To complete the change China really only needs three more innovative steps in 5G communication to make it certainty and turn these steps into nail to service the coffin that is America, with the Middle East in play, there is every chance that they will pull it off, the rest of us (the non-Americans) will need to decide on how that future serves us best, because that too is a choice we face, and we have to make it ourselves.

And if you were in doubt until now, the Wall Street Journal reported only hours ago: “U.S. President Donald Trump is looking to require next-generation 5G cellular equipment used in the United States to be designed and manufactured outside China, the Wall Street Journal reported on Sunday, citing people familiar with the matter.” So consider this quote really clearly: the entire China matter has been going on for weeks, yet yesterday we see that equipment is to be ‘designed and manufactured outside China’, a discriminatory tactic that shows that there was no clear tactic in play, and clearly the Americans are not up to scrap at present. What else was not anticipated on?

Someone fell of the wagon and others were unable to see the dangers clearly, The US still does not recognise that it has a real problem; the first stage of solving the problem is at present not met. Do you really need more convincing?

 

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The political winds

It all started nice and slow this morning. I had one task that is due in 4 hours and 34.3 minutes (roughly), so the unnatural act (for me) of sleeping in commenced and it was nice. So there I was morning ritual all shot to smithereens and it was 2 hours until zero hour. My ritual of checking breaking news gives me the BBC and the Saudi Tankers, an interesting part, but the intelligence on the events are missing, even in open source intelligence it is too much on ‘decent confidence’ and ‘statistical probability of certain parties’. One source gives an implied presence of Hezbollah in Shinas (Oman), yet there is zero reliability as well as the fact that any attack would have required different tools as well as location does not add up, as it is at that point that Israel Hayom gives me ‘Saudi Arabia retaliates hours after Houthis attack oil facilities‘, the fact that we see “Houthi rebels in Yemen, who are backed by Saudi Arabia’s arch-rival Iran, claim attack on Saudi oil pipelines“, this is indeed a different status and I will dig into this when i get more data, this event could escalate matters fast. As such the defence needs of Saudi Arabia will explode (pardon the pun) soon enough.

Yet this is about UK politics and the issues will relate soon enough. The Independent (at https://www.independent.co.uk/news/uk/politics/jeremy-hunt-conservative-party-wall-street-journal-london-a8914171.html) gives us ‘Jeremy Hunt appears to struggle for an answer when asked why people should vote Tory‘, you see as a conservative (yes, I am a Tory) I struggle too. There is no shame in this, we need to walk a tightrope and keeping balance is actually a lot harder than you might imagine. So when we see Jeremy Hunt give us: “Because we are not going to solve this problem by retreating to populist extremes” he has a point, it is clear and he is correct, yet the problem is that we are looking at the wrong extreme. Nigel Farage is not the populist extreme, the European Central Bank is the populist extreme, just not a populist extreme for the people, they are the populist solution for the IMF, Wall Street and American commerce, three that they were never supposed to cater for and the European ignorance is just amazing. Also, the view that the media remains silent on many issues involving the ECB, Mario Draghi and their acts of non-accountability have become too staggering. And as the media is in denial in one side and then bashes Nigel Farage at every opportunity gives additional light to the fact that the media botched plenty of issues.

The people have been misled to a much larger degree and now they are willing to try Farage and the Brexit party, not because they like him, but because they largely mistrust all other parties including my own conservative party. That is the realistic stage, so why vote Tory?

The problem is not easy but the biggest issue is the debt, both sides (mainly the Labor party) have pushed again and again and left the British nation with 2 trillion pounds of debt. Even in the most optimal stage it will take well over a generation, it is passed in two parts. The first is no less than £20 billion in interest payment and an optimal £20-£50 billion in annual debt decline; if this is not done soon it will be too late for everyone. The benefit is that the UK without the Euro can steer shallow and deep waters, all having their own risk (and rewards), all having options, but the drag of the Euro 27 nations and their bad choices as well as the ECB and their unacceptable acts will no longer be part of it. It will be the first clear stage of resolving the issues that politicians are too hard to solve. Still, it will take a generation, perhaps two to resolve it and when there is momentum in the first 5 years that will signal economic improvements as well as economic opportunities.

Immigration

If that was not the case, do you think that the refugees would be racing and running to make it to the UK as fast as they possibly can? No, the people in the lower tier are actually seeing the lack of progress for the people all over Europe, and for now the UK is in a similar stage, but it could improve, the UK is in a stage where it could improve faster and better than anywhere else in Europe. Do you think I would sit on billions of IP if any official in the EU27 could be trusted? The EU27 and America are all in the stage to fill their pockets as much as possible before it is too late, I would rather make all my IP public domain and watch them all fight each other on claims that they were first and not giving actual evidence. That is why Google, Huawei and optional Saudi Arabia are seemingly the few parties worth talking to at present.

Google and Huawei have shown to be pushing innovation, not iteration. In addition, the acts we see in Saudi Arabia on renewal and Neom City are showing a push for larger changes, changes that the US and the European Economic Union is no longer able to make, they are stuck with a mountain of debt making everything a discussion, and no resolutions. The fact that for the most tax laws have NEVER been properly been adjusted so that the large corporations (FAANG group) make proper payment has never been addressed, it is a failing on both sides of the Isle, both Tories and Labour have fault at that. the BBC news in March 2018 gave us ‘Google’s tax bill rises to £50m‘, and we get two parts in addition: “The technology giant’s annual accounts show that the company will pay corporation taxes of £49.3m on UK profits of £202.4m” and “The total value of Google’s sales in the UK is about £5.7bn a year“, now I have nothing against google, as a matter of fact, I love Google (platonically mind you). Yet the numbers do not add up. When we consider that google is making 202 million out of 5,700 million, it amounts to a profit margin of 3.54%, considering that the Google Pixel 3 is well over £700 makes me wonder. Yet let’s not forget that Google is not alone here, Microsoft, IBM, Oracle, SAP, Facebook, Amazon all have profits that go into the billions (well the FAANG group players at least). So the tax image is wrong and the people get to pay for the cost of commerce, not exactly fair, is it?

This is the realisation that has been sweeping through the lower tiers of the population and they have had enough, and I get it. We see all these utter BS approaches on what we can sell to the government of Saudi Arabia and we cannot even sort out proper taxation to big business? Small businesses have been driven out of shops through large corporations working from abroad, the Britons have been dealt a raw deal and it bites, the Tories did way too little to deal with it (opposing the Labour party who did nothing at all when they were in charge). So the people have gotten to the point where they will try anything, especially give Nigel Farage and his Brexit party a chance.

Yes, how would I vote? Well, I am all for Brexit, yet I remain a Conservative. The issue is not Brexit, it will happen (read: it should), the issue will be about what happens after that, it will be a mess for close to two years and issues need to be resolved and it will take time and it will take serious discussions, Nigel Farage has charisma, he has knowledge yet what about his team? The players like David Coburn, Julia Reid, Nathan Gill, or Raymond Finch? I am not sure any of those people can hold proper seats like Home office, Foreign office, Defence, or Treasury. That is the problem the UK faces. Getting a proper government in place, Labor was never trustworthy and even as Tony Blair did a lot of good, he bungled plenty too. In that regard whatever came after Harold Wilson (1976) was pretty bollocks by the view of some (a view I only partially support).

These parts matter, the failings form the past are now part of the current battlefield and the failings are important to consider with a debt of 2 trillion, that is why the Brexit party is likely to be the biggest player, yet I remain a conservative, the mess needs to be cleaned up and whilst labour will indiscriminately spend money that they do not have, the Nigel Farage side lacks the true experience that the people need to clean the overall mess up, Brexit is an essential first, but the Brexit party is in my humble opinion not ready to properly deal with the 20 steps that follow.

Was there not a Saudi side?

Yup and we are getting to that now. You see the economy is only one side. Military hardware is only one part of optional commerce, the national growth of 5G will benefit the UK, yet these parts can also be sold to Saudi Arabia, there is more than Huawei and even as the UK needs to catch up, and catch up fast, the sorted problem is not merely military hardware, that part needs services and whilst the UK can be a push forward there, they are up against American Giants and it is a fight worth fighting. The infrastructure for Neom City and even beyond that all the way to Riyadh represents an initial £350 billion, with more on the horizon. When I set the stage for my £2,000,000,000 IP, one part was that I did look beyond one side and since then found four more avenues where people merely accepted certain solutions and never looked at what else was possible. From Marketing, Awareness creation, communication, applied applications on the setting of streaming (yes, that was a pun and a puzzle all at once). And the biggest parts are not big business, it is a small business approach with global ramifications, and the nice part is that Huawei was nice enough to implement part of it in their 5G prospective and not look further, so happy, happy me (for now that is).

This is not merely one part, all the players (and the FAANG group) all want access to Saudi Arabia, so who do you think they will hand options too? These hypocrites who decided to suddenly revoke export to Saudi Arabia whilst ignoring the activities of Hezbollah and Iran, or those who stood by Saudi Arabia and their right for defence? Let’s not forget that the aid of Saudi Arabia was called on by the legitimate government of Yemen, a part most seem to ignore again and again.

Saudi Arabia is trailing in technology on several ides and they are trying to address this and those who facilitate for the progress of that will find themselves with the sweetest deals. More importantly, the UK will need proper trade partners to a larger degree. The US is all about export and the fact that export needs to exceed import, several nations are in that stage. The list that place true value to import to goods and services is small, so having the proper foreign office in place is going to be essential in the next 5 years, the Brexit party cannot deliver on that and that will make matters much worse down the Brexit trail. The Conservative need is easily shown when you look a few degrees beyond the current point of exposure. It is when you look towards the applied stage of the long game, that is where you see that the bulk of all politicians fall short. They will merely tell you: ‘We will solve it when we get there‘, or ‘We have a plan and we will present it at the proper time‘ and it is way too late to take that approach, it is well over a decade too late for that.

If they cannot clearly show you a plan, they are extremely unlikely to have one, which is not a stage the UK (and many other nations) can survive on at present. As such the political winds are blowing, top some degree those who we are willing to trust lack the power and know-how to make it work long term, most of the others are no longer trusted to the degree that they need to. I remain conservative inclined, yet they too need to realise that not only is the party over, facilitating in that direction is no longer an option, making that heard loud and clear is essential.

 

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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.

 

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Awareness west of India

Awareness is a first need for anyone, there is no exception to this; a person looking for a job or a person seeking to sell a product, or a terrorist organisation. Without awareness they are all equally in the shadows, unknown and disregarded at the spot. So when we were alerted to yesterday’s airstrike by the Indian Air force on Jaish-e-Mohammed, most people had the response: ‘You who now?‘ The group which translates to ‘The Army of Muhammad’ is a terrorist organisation that operates out of Kashmir. Their goal is to relocate Kashmir from India into Pakistan and as such, it would cause great friction with India even under the most docile conditions. It is Al Jazeera, who less than a day ago reports ‘India foreign secretary says jets hit Jaish-e-Mohammed camp in Pakistan, but Islamabad denies casualties in air raids‘, which is now also a much larger escalation in creating a more direct conflict between Pakistan and India. We also get: “Pakistan reported the Indian airspace incursion, with military spokesman Major General Asif Ghafoor saying its air force jets were scrambling to respond, forcing the Indian aircraft to “release their payload in haste while escaping“, I found the term ‘in haste while escaping’, that is no jest, even as the Pakistani air force is merely half the size of the Indian one, the insider gossip is that this Pakistani air force is more than able to deal with the IAF even as it is twice the size, so we could consider that the Indian act, whilst being optionally essential was not the tactically clever. Consider that the act was against a target that was less than 60 Km across the border finding another solution would have been a much better act. This is speculation as I have no terrain intelligence at my disposal, yet hitting a target that is optionally around 225 Km from Islamabad, where one of the more alert airports is was definitely not a great idea, so the ‘in haste whilst escaping‘ becomes pretty much the ruling for India at that point. This does not invalidate the attack on Jaish-e-Mohammed, it merely becomes tactically questionable. Of course there are other considerations, how does the Kashmir population feel about joining Pakistan, because that also impacts the tactical choices available. Any planned attack on Jaish-e-Mohammed from closer to the border whilst that population is loudly singing

Count 1 to 10 in a MIG on high

You go hide, and they come fly!

Better prepare, make a stinger rage in flight

(Source: adapted nursery rhyme)

At that point, we can agree that there are not that many options, especially in remote areas. Yet there is another side, and that is on Pakistan at present. After we have seen that they sheltered Osama Bin Laden only two miles from their military academy, they need to lash out stronger against terrorist organisation operating from their territory. We can agree that Pakistan is too large to keep properly in check with military against extremists, but this escalation could have larger repercussions and in this day and age as Pakistan’s economy is in dire needs of international investment. That setting alone will not go anywhere when operations like Jaish-e-Mohammed pretty much have the lay of the land. Now, be aware that is me not speaking out in favour or against the need of Kashmir that is for the people of Kashmir. I am however of the mind that it is not up to Jaish-e-Mohammed to decide either. The anti-feelings between India and Pakistan have been around long before the Mahatma accepted the separation, it is a setting that might never be resolved, yet in all this a much larger issue plays and I am painfully aware I do not have the wisdom on how to feel (as well as a massive lack of data intelligence on the area and the subject matter), yet the escalation as the IAF pushed for is up for debate. Even now we see ‘It was a non-military, pre-empted action targeted at terrorist activity‘, yet how exactly was that place bombed? So when we are also given: “In an early morning attack on Tuesday, the Indian Air Force Mirage 2000 jets crossed 50 miles undetected into Pakistan and hit Balakot“, my question towards Indian Foreign secretary Vijay Gokhale would be: “Who were the civilians flying the borrowed Mirage 2000 Jets and can I please borrow one? I have always wanted to get my flight wings on that fabulous French jet!” Perhaps the foreign secretary could limit the BS regarding a ‘non-military’ action when it requires the high end Mirage to get there, clearly a non-civilian form of transportation (a crazy assumption from my side). We all agree that actions against terrorists are essential, we all know that rules will be broken under these conditions, yet the essential need and then reflect on the term ‘non-military’ is too much of a stretch.

In addition, when less than 10 hours ago, the news (at https://www.businesstimes.com.sg/government-economy/eu-urges-maximum-restraint-from-india-pakistan-after-air-strike) give us: ‘EU urges ‘maximum restraint’ from India, Pakistan after air strike‘, it needs to be stated that the EU needs to grow a spine and stop being a paperback, a bad one at that. We either accept actions against terrorist organisations, even if they operate from deep within Pakistan. When I see the bloated “exercise “maximum restraint” after Indian warplanes attacked a militant camp in Pakistan, sending tensions soaring between the nuclear-armed arch-rivals” in light of the fact that it was an attack on a terrorist group, and in the second when Pakistan claims “insisting there was no damage or casualties” we see that both sides are to some degree in denial and the comments from limelight seeker Maja Kocijancic are just a little to hypocrite. We understand that the EU is in denial of terrorist activities all over the board and keeps on facilitating for Turkey and Iran for too many reasons, most merely for those trying to instigate another gravy train in the EU, others to keep their desolate economy from completely collapsing, in that day and age as we see the actions of Iran facilitating for the Houthi and Hezbollah forces, the entire matter as well as the call by Maja Kocijancic becomes increasingly distasteful.

That being said, Pakistan is not without blame, finding a common ground with India to take Jaish-e-Mohammed out of their jurisprudential domain seems to be an essential first. It is not a solution that JeM is likely to go for, yet at that point enabling the IAF in these actions would set a much larger stage of trust for foreign investors to take Pakistan more and more serious for serious investments, it will enable Pakistan more and better than Jaish-e-Mohammed ever could. You see the more immediate issue is neither, the more immediate issue is the question on where the people of Kashmir want to be. I actually do not know, mainly because the media has kept many in the dark in that regard, or merely quote some politician seeking the limelight (read: Maja Kocijancic) on a call of restraint from ‘nuclear enabled nations‘ (India and Pakistan).

The first issue for Kashmir is to get awareness, it might not give us information that we like, that we accept or information we hope for, but awareness is a first need. For now the awareness is merely limited to terrorist groups acting from within Pakistan and the fact that Indian civilians have access to military jets for hot rodding and cruising through the mountains of Kashmir and Pakistan. Perhaps it is a great day to upgrade Grand Theft Auto 5, to become Grand Theft Jet 6, hot wiring a Mikoyan MiG-35 at Shatalovo airbase and take it for a nice cruise and land it at Stockholm Arlanda (undamaged), would that make for a fun game or what? And it was Indian Foreign secretary Vijay Gokhale who gave us the idea with his ‘non-military, pre-empted action‘, some half-truths really should not be used ever, it complicates matters as we make light and fun of the situation.

So why make fun?

That is the issue when we give light to NDTV who (at https://www.ndtv.com/world-news/15-years-ago-us-took-note-of-jaish-e-mohammeds-terror-training-camp-in-balakot-1999829) gives us “15 Years Ago, US Took Note Of Jaish’s Terror Training Camp In Balakot“. If this can be confirmed, we see the setting where Pakistan allowed a terror training camp was allowed to go on for more than a decade, unopposed and unchallenged. It is one of the reasons why foreign investors will not consider serious investments in Pakistan. We accept that Pakistan is too large to police to the degree it needs to be, but 15 years is just too unacceptable. The quote “The memorandum talks about a Pakistani national Hafez K. Rahman, a Guantanamo Detainee, who was 20 years old and born in Gujrar, Pakistan, who turned out to be a jehadi” is very much at the heart of the matter here. In addition, the quote: “Rahman has admitted to volunteering to fight jihad against the US and its allies, remaining after the events of September 1lth to continue to fight, and receiving training from the Jaish-e-Mohammed (JeM). The JEM espouses Jihad against the US and is directly supported by Al-Qaida, General Miller wrote“, in this light we need to ask a lot more questions form a lot more people, as this is not limited to some Kashmir disagreement, any place that caters and facilitates towards terrorism to a much larger degree is a direct threat to the continuation of Pakistan. Pakistan might seek out to remain in seclusion form world trade, yet they are already learning that Pakistan cannot continue to survive in that way. Pakistan must select a path that gives Pakistan forward momentum and it is clear that JeM training camps cannot cater to that future.

In the end it is up to Pakistan to find a solution that they can live with, the question ultimately becomes, what caters to the continuation of the Muslim State of Pakistan?

If we take three publications, the first being the Business Standard (at https://www.business-standard.com/article/current-affairs/pakistan-s-hamstrung-economy-can-t-weather-a-conflict-with-india-119022700052_1.html), where we see: ‘Pakistan’s hamstrung economy can’t weather a conflict with India‘ with the quote “The country has been facing an ever-rising fiscal deficit, increasing debt and high inflation“, is more than a truth and a half, in addition, the dependence and reliance of the IMF will at some point end, there are multiple sources giving indication that the support to Pakistan must stop, at that point what will be left for Pakistan? The second supports the views. It comes from the Nikkei Asian Review (at https://asia.nikkei.com/Opinion/Pakistan-must-end-damaging-dependency-on-IMF) giving us: ‘After 21 assistance programs in 60 years, time to create sustainable economic growth‘, as well as “the new government is slowly persuading the public that Pakistan will need another International Monetary Fund bailout. At the same time, it has stepped up diplomatic efforts to secure short-term financial support from friendly countries. This approach appears to be bearing fruit. The government recently received $4 billion from Saudi Arabia and the United Arab Emirates, and is expecting a further $2.5 billion loan from China. Such bilateral support may allow Pakistan to seek a much smaller IMF package than expected“, yet behind the partial truth is that the Pakistani government has no way to pay these loans back in the immediate future, whichever path they take, repaying the loans and interest via a road that is twice as long as projected and merely gets settled with new loans under less optimal conditions is all that the Pakistani people have to look forward to. All this whilst the Indian Business Today (at https://www.businesstoday.in/current/economy-politics/pakistan-trying-to-hide-dead-body-of-terrorists-in-balakot-tries-to-debunk-india-claims-source/story/322532.html) gives us: “The Pakistan Army has cordoned off the entire area of Balakot and are clearing away evidence such as dead bodies so that they can deny India’s claims of the latest IAF strike wiping 300 militants in the area, a source has told India Today“, in my legal view, i would change “are clearing away evidence” into “are seemingly clearing away evidence“, for the mere reason that most Indian publications would more likely than not be too biased in this matter. Yet the given accusation, as well as intelligence from multiple sources give rise to the decent reliability of the Indian claim. Yet the article has a gem at the end. With “A sound relationship and cooperation between the two serves the interests of both the countries and peace and stability in South Asia” we see a much larger truth. Both nations could flourish to a much larger degree if they can find a common not to move forward on and both their economies would benefit in finding in such agreements. If only to learn that several players outside these two are too much interested in those two to lack stability to a much larger degree, when they realise that, and look for stable forward momentum would cater to both economies to a much larger degree and that is never a bad setting.

 

 

 

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Smite the analysts

It is time to change the game. It is time to do a lot more than merely claiming to do something about fake news. I never claimed to bring the news, I have merely been in the process of nitpicking it as much as possible and the Guardian got my feathers plenty ruffled this morning, so it is time for me to be a little speculative of the matter.

We love our idiot products at time; it is something to laugh at or something to make a joke about; for the most harmless fun. Yet today something snapped. It might have been the abuse that Theresa May has been receiving, it might have been watching some poor sod holding a ‘We’re poorer without EU‘ sign, whilst like me that person is unlikely to have any economic degrees.

So when I see: ‘Theresa May’s Brexit deal could cost UK £100bn over a decade‘ by Richard Partington (at https://www.theguardian.com/politics/2018/nov/26/theresa-mays-brexit-deal-could-cost-uk-100bn-over-a-decade).

I hereby make my first demand (do not worry, no one will listen anyway).

In regards to: ‘People’s Vote-commissioned study says loss is equivalent to annual output of Wales‘, I DEMAND a full disclosure of the names of the people involved as well as a clear documentation of all sources used. this includes the names of those in the ‘People’s vote’ those who commissioned the study, the price paid for the study, as well as the names of those who made that report (not just the three who wrote it), the data sources used as well as how the report was set to the data and its results. I expect to find a dozen flaws in the very least. In this case any arbitrary choice (which at times is perfectly valid), should be seen as a flaw, unless clearly stated as such.

It is time to hold these people up to the limelight exposing what the Guardian (and many other newspapers) are giving voice to as being ‘the facts’. I would like to go as far as prosecuting (to some extent) the makers of these loaded and dubious reports by banning those names from any governmental research for life! When that happens, we will get all kinds of excuses and well phrased words or denial. Yet, I feel that we have come to a point where these activities can no longer be tolerated. Not by any government and not by any organisation with political aspirations, or connections.

The reality here is that the UK will lose income, lost funds and lose options for the short term. This has always been known. We always knew that things would get a little worse. Yet NOONE is making any call on the waste of three trillion euro’s by the ECB on their Quantative Easing and the waste of now close to three trillion that the taxpayer has to pay back, whilst people like Mario Draghi walk away with a ton of money, a member of an elite banking group of 20 and no accountability to anyone. The media refused to hammer on the ECB on any of it and the lack of clarity and transparency that the ECB has. This happened in full view whilst they all had 50+ articles on the death of a journalist no one really cared about (aka Jamal Khashoggi).

My larger concern is seen in: “Garry Young, the director of macroeconomic modelling and forecasting at NIESR, said: “Leaving the EU will make it more costly for the UK to trade with a large market on our doorstep and inevitably will have economic costs.” The NIESR report found May’s deal would not be as damaging for the economy as Britain leaving the EU without an agreement, which would cost the economy about £140bn over the next 10 years.” From my personal point of view, these people are in it for themselves, most of them are. Even as I will immediately admit that this report looks actually valid and good, issues come forward to a degree that might not have been seen at the beginning of it all, yet the scrutiny after the report is also lacking making the issue larger. What some call ‘lucrative European contracts’, we see a lack of investigation on both sides of the isle in all this, because as a Brexiteer, I will never deny a Bremainer to voice their opinion, or their opposition to it all. It is the acceptance of democracy that demands it from within me. The UK has not really profited from the EU, merely large corporations have and that is actually the biggest issue with the entire EU at present. When we look at the 68 million consumers, many of them have not been able to afford any of it. The bulk of all of us are dependent on moments like Black Friday to get the hardware we normally cannot get. It is a known issue that the quality of life is still low all over the UK and in many other places. The only true beneficiaries of the entire EU setting are the large corporations. The local grocer sees no real benefit, whilst the large supermarkets have all these deductibles that for the larger extent benefit its board members, not the customers. People like Gary Young are eager to make mention of ”inevitably will have economic costs“, which is a truth; I and many realistic others do not deny it. Yet in equal measure we can move away from a multi trillion bond buying scheme that has done nothing for the people whilst making the banks fat and rich. Never before in the history of mankind did the banks and Wall Street have such a large hold on governments and its citizens and we sat down and let it happen. Brexit is for the UK the first step to undo that damage and it will take time, we all get that. So as we realise that the ECB failure, in part to unmanaged ‘freedoms’, lack of transparency and accountability has greatly impacted the UK, at that point will we realise that there is a weighted and loaded stage against all of us, in every EU nation. The second part in all this is what some call: ‘the EU gravy train’, I have made mention of it on a few occasions and the lack of actions in that regard is close to sickening. Even The Times gave us some time ago: “MEPs are clinging on to lavish, tax-free handouts for travel despite publicly pledging to repay them, according to an internal report by the European Parliament. They have kept an estimated €6million (£4 million) after promising before the 2004 elections not to claim the money. “They get exposed, promise to be modest and then keep riding the gravy train. It is appalling,” said Hans-Peter Martin, an Austrian MEP, who has led a campaign against abuse of expenses. The €60 million-a-year travel allowance system is so generous that many MEPs admit it amounts to legalised embezzlement of taxpayers’ money. MEPs are paid a first-class air fare for travel to the parliament, even if they use budget airlines. They make an average of £20,000 a year tax free“. We can agree that in that meantime something was done, yet how much was done? The taxpayers have to come up with 751 times £20,000, giving us a total of fifteen million pounds and that is only the travel item every year, one of a lot more items, so how much extra are these people getting? The simple fact that many of these issues have not been adjusted for over 12 years is a clear stage that the EU is the goose for exploiting extra income and benefits, something taxpayers never signed up for in the first place. Even now (8 weeks ago) we see: ‘Details of MEPs’ €4,416-a-month expenses to remain secret, court rules‘ (at https://www.theguardian.com/world/2018/sep/25/mep-expenses-eu-court-ruling) with in addition: “MEPs are also refunded first-class travel expenses and get a €313 daily allowance for hotel and living costs when working in Brussels and Strasbourg“, which in the most optional stage grants them an additional £60K each, adding fuel amounting to £46,562,000 to the tax payers fire. I think I have made my point, did I not?

When Brexit is done and we start seeing the impact, I predict it will be less than 2 years before the complaining starts, not from the UK, but from the other nations that now have to pay for the part that the UK will no longer be paying for and that is the ballgame here. When that happens, and it will we will see a rejuvenation by both France and Italy wanting to get out as fast as possible leaving merely Germany as the large economy to carry the weight of the EU and they will not be able to do this and it will all collapse. That is not a speculation; it is a certainty as I see it. It will only need one of those three to join the leave team and it will already fail. In light of all that is happening it seems to me that Italy is now the frontrunner before France, yet that might be what the horse lover calls a nose length photo finish. It was almost two weeks ago when French Marine Le Pen gives us almost the same view in the Daily Herald with: “French far-right leader Marine Le Pen is blaming the policies of the European Union for Britain’s exit from the bloc. “If the EU wasn’t what it is now, the United Kingdom would still have been a member of a structure that respects the nations, the people, that doesn’t impose migration polices and deals that have very heavy consequences on our industries and agriculture,” Le Pen said Friday at a news conference in the Bulgarian capital, Sofia.” It was for the most what pushed me into the Brexit field a few years ago; even as Mark Carney, Governor of the British Bank and his presentation in the House of Lords gave me reason to doubt that, the acts of stupidity by Mario Draghi and the ECB pushed me straight into the Brexit field, supporting Brexit. A situation that had been known for years, yet in light of 751 beneficiaries nothing was done to keep tabs on it and Brexit become a fact.

So as we accept the setting (via many sources) that Marine Le Pen is giving through “the EU wants to punish Britain by imposing “conditions that are unacceptable to a large majority of the people in the U.K. and to members of the British government.”“, we have seen several parts of that in the media. Is it not interesting how infantile the EU gets when you do not want to be a member? They threatened Greece to throw them out, whilst there was no legal option for the EU, and they demand the impossible from those wanting to leave. In that setting, who wants to remain a member? I would go with the speculation that the EU is for: ‘those who needs the power of exploitation‘.

It is getting worse

In this we look back at Greece. Some might remember the big boast that Greece made. I mentioned it in my blog: ‘They are still lying to us‘ (at https://lawlordtobe.com/2018/06/23/they-are-still-lying-to-us/), so when we were treated on June 23rd to ‘Greece ‘turning a page’ as Eurozone agrees deal to end financial crisis‘. Here Alexis Tsipras was happy to be quoted with: “Greece is once again becoming a normal country, regaining its political and financial independence”, we saw none of the EU reservations in a claim that was off by decades. I also commented in favour of the Greek opposition shown by Kostis Hatzidakis with: “The opposing party reacted to the credit buffer with ‘Kostis Hatzidakis said it reflected the lack of faith international creditors had in Athens’ ability to successfully return to capital markets.‘ And in this Kostis is right, the international markets have zero faith in their return, they rely on a small thing called mathematics and the clarity there is that the scales are not in the favour of the Greeks.” Now we see a mere four days ago ‘How Greece Is Scrambling to Save Its Banks — Again‘, the EU has become this short sighted, this convoluted in misrepresenting the facts to the people. So as we see: “Greece is scrambling to figure out how to save its banks — again. Burdened by bad loans that make up almost half of total lending, crippled banks remain one of the biggest hurdles to Greece’s economic recovery. There are even worries that the country may face yet another financial crisis if it can’t dislodge its lenders from their downward spiral. With bank shares tumbling, the government and the Bank of Greece are working on plans to help banks speed up efforts to shed soured loans” and this comes one day after: ‘EU: Greece has Not Implemented 16 Bailout Program Prerequisites‘, which we get from the Greek Reporter. We see: “The European Commission is urging Greece to proceed with 16 prerequisites that have to be completed by the end of the year, as agreed with creditors. The first report after the end of the bailout program in August that was released on Wednesday says that Greece is delaying to implement 16 important measures and reforms. Among them are the staffing of the independent public revenue authority, the repayment of overdue debts, the legislative framework for resolving the problem of non-performing loans and the development of the new primary health care system“, the article by Philip Chrysopoulos also gives us “Despite the fact that Greece’s 2019 budget meets the target of a primary surplus of 3.5 percent of GDP” will see a speculative setback (speculated by me) by close to 2% at the very least, in what will likely be a wave of managed bad news. The EU is now that useless and pushing down all the other European players. If only the EU legal setting had allowed for removing Greece from the Euro setting and EU economy settings in 2014, a lot of the issues (like Brexit) would never have been an issue. It is in my personal view greed driven EU stupidity that allowed for this. A blind faith in Status Quo that pushed the need of large corporations and that might become the downfall of the EU as a whole.

Do you still think that the EU is better for the EU economy? First Greece and now Italy are becoming the weights drowning the EU. Merely one hour ago, the BBC reported that: “Italy’s government says it will stick to its high-spending budget plans, setting up a potential stand-off with the European Union over its deficit.“, are you actually believing in fairy tales when you think that this will not hit back on the rest of the EU? Even as the Independent reported 13 hours ago: “The pound fell 0.19 per cent to €1.1284 off the back of reports that Italy is headed for a breakthrough with its budget, which would bring to an end weeks of wrangling between the EU and the Italian government.” we now get the reality that there was no breakthrough, we merely see more of the same and the impact of Italy is not immediately reversing and upping the pound against the Euro is it? In light of the revelation, the pound should be up by no less than 0.27 percent against the Euro (the gain and the 0.19 percent loss), we will not see that will we (or we will see it as late as possible so that the 0.27 percent can be largely minimalized. When you realise that the UK is getting unfairly hammered to this extent, would you want to be part of that group? And when (not if) the UK shows the improvements making the UK economy better, what excuses will the EU, ECB, IMF and Wall Street give the people of Britain?

To be part of any exploitative regime as the EU is starting to show it in a few ways. The evidence of this statement was shown by the Clean Clothes Campaign last June when we see (at https://cleanclothes.org/news/2018/06/11/complaint-lodged-against-the-european-commission-for-failing-to-uphold-fundamental-human-rights-in-trade-policy) ‘Complaint lodged against the European Commission for failing to uphold fundamental human rights in trade policy‘. Here we see: “Bangladesh has committed serious and systematic violations of fundamental workers’ rights. Conditions are unsafe for millions of workers in Bangladesh. Additionally, the labour laws of Bangladesh create significant obstacles to the exercise of the right to freedom of association, to organise and to bargain collectively. Further, the government has not effectively enforced even these flawed laws, and workers complaints to authorities are routinely ignored. Without bargaining power or legal recourse, workers have been forced to live in extreme poverty.” and when we realise that the lack of activities, naming and shaming those who are part of it all, whilst the EU remains inactive to a much larger extent, my case of large corporations being in charge of those acting in the EU parliament is close to well made, tailor made one could state. The lack of visibility given in the EU and the oversight on what is imported into the EU from Bangladesh is frightening. The Dutch CBS reported 3 weeks ago: “The average import price per vest exceeds 3 euros in 2018. With an import price of around 2 euros, vests manufactured in Bangladesh are considerably cheaper. Prices of vests from China (approx. 2.50 euros) are also lower than average, while vests from India were average-priced (around 5 euros) and those from Turkey more expensive than average (around 5 euros).” good luck trying to convince me that this is not about money and that there is a proper investigation into the Bangladesh situation. The fact that even China cannot match these prices is partially evidence enough. The fact that manufacture owners in Bangladesh are part of the 250% plus stage that we see with: “This is the largest quantity ever recorded and approximately 2.5 times more than in 1998“, the lack of questions by those gravy train people is just a little too weird and more questions are not coming forward. That is the European Union that its members seem to like and letting the UK out is also not an option. The analysts are merely the first circle we should go after (the first of several mind you). Any report that is not clearly documented with the names of all the people involved in this should immediately be disregarded and kept on record for prosecution and smiting afterwards (when those reports are proven to be incorrect) at that point I wonder how many studies we will get that are so overwhelmingly negative. And it is not merely the analysts. The names of the people commissioning for the report and the clear definition of the question that was asked will also be set to scrutiny. I wonder how many politicians and corporate figures will suddenly run for cover and darkness like a group of cockroaches.

Feel free to disagree or even oppose my view. Yet also remember, I merely want to see the names and all data on those so called ‘commissioned studies’. Is that such a bad question? When we are given the results, should we not wonder HOW they got there? Is that not a duty we all should have?

When we look at The National Institute of Economic and Social Research, we see a clear stage of names, Arno Hantzsche, Amit Kara and Garry Young (which is a proper thing, mindyou). We also see on page 7 and 8: “The Governor of the Bank of England estimated that by May 2018, UK household income was 4 per cent lower than it would otherwise have been as a consequence of the referendum (Carney, 2018): “one third of the 4 per cent shortfall in real wages reflects stronger-than-projected inflation, which is almost entirely accounted for by the referendum-related fall in sterling. The remainder reflects weaker-than-expected nominal wages, the majority of which can be accounted for by weaker-than-anticipated productivity growth“, which should not be disregarded.

Am I opposing my own view?

No, when you see the charts in that page, we see the UK not being in a good place. Yet considering ‘UK economic growth relative to other G7‘ and ‘UK inflation relative to other G7‘, the UK situation would not look great whilst this is staged up to 2018, and now we get the good part. The G7 are Canada, France, U.S, U.K, Germany, Japan and Italy. Now consider the Italian part dragging down due to the stupidity of their budget decision (which might be seen as their right). In addition the Greek issue will drag down the EU as a whole and the USA is in a trade war that will also impact the USA, all parts seemingly not taken into account and suddenly the UK already looks a lot better in all this. Now, we cannot completely fault the report called ‘The economic effects of the government’s proposed Brexit deal‘, yet there is already a non-negative impact for the UK (it is a stretch calling it a positive effect). In addition we see properly placed “We have assumed” in the proper places and only thrice, which is also a good thing and for the most utterly unavoidable. We also see in one place: ‘Sterling effective exchange rate (January 2005=100)‘, which is possibly merely arbitrary, from my personal view the fact that 2008 and 2016 have impacted it all might also be a stage where the UK had more hardship than before and as such the three stages should have been included. My final issue is on page 15; I do not doubt the numbers or the statement perse. Yet when we consider “Ramasamy and Yeung (2010) find that openness to trade benefits in particular FDI inflows to services sectors, much more than to manufacturing. Ebell and Warren (2016) survey the empirical literature and calculate that reverting to trade under trade arrangements similar to those between the EU and Norway would reduce FDI into the UK by 8–11 per cent, and by 11–23 per cent under a Switzerland-type relationship” that openness of trade also implies the open acceptance of the unacceptable ethical stage that Bangladesh is showing to be, we need to ask the tougher questions on EU inactions to the degrees currently seen. You see, when we accept one part, we need to accept that all these sweatshop articles are out of bounds. They are merely emotional banter pressed on those trying to meet budgets, there is no humanity left, we should not allow for that. In this way my statement is harsh, yet that is what the EU has become, a harsh proposer of status quo at the expense of whatever is coming next. If you do not agree, feel free to ban all Bangladesh T-shirts, leaving others with 215 million T-shirts to sell; was that example too direct?

Even when we accept the part of ‘how the deal affects uncertainty and confidence‘, which is a topic that will remain as there will always be uncertainty, the entire report is seemingly staged towards the bad side, whilst any improves economic marker from the second year onwards are basically ignored. We can argue that year one will have no upsides, yet the stage of no upsides in year two is lose to unimaginable. Apart from the ‘EU donation‘, which has been significant, the downturn of Italy and Greece that will no longer impact the UK is clearly escalating and France is basically scared shitless of that part. France is so scared as it is in a much worse position than Germany currently is, who will also feel that impact to some extent.

No matter how this plays, it is a mess that will test the reality of a lot of people. My largest concern is not how good or how bad things get, it is the fake revelations by speculative analysts that are the impact of a lot of things and the moment when we see the managed bad news after the fact, we will also see the weakness that has become the EU, in light of an already weak USA, this merely strengthens the need for a segretative community (read: nationalistic approach to national issues). It is the one part where I see eye to eye with Marine le Pen: “the policies of the European Union as well as the lack of transparency and non-accountability” are the biggest drivers in this entire sordid affair.

I wonder how draconian the changes will become when others realise how correct my view of the matter was. I am less likely to facing the fact that I was wrong, there is too much documentation pleading for my view, especially as the Wall Street Journal reported “Greece’s Eurobank Ergasias SA said it will acquire real-estate company Grivalia Properties REIC, boosting its capital and paving the way for the creation of a “bad bank” to help deplete its pile of nonperforming loans” a mere 5 hours ago. So when exactly did the people ever benefit from a bad bank solution? We saw that in 2013 with the Dutch SNS and Reaal setting. So as Brussels treated us to: “The costs to the Dutch taxpayer were still substantial, resulting in a deterioration of the budget balance (excessive deficit procedure definition) for 2013 with 0.6% and an increase in EMU debt of 1.6%“, we see Greece doing the same 5 years later. As we look at the quote: “In fact, since the nationalization the Dutch press has regularly published pieces that show how the commercial real estate has been mismanaged for a substantial time period. Did this go unnoticed by the regulator? Why did it not intervene?” We now get to unite that part with the overwhelming inaction of the EU and the unacceptable actions of the ECB, so this will be a much larger thing that Greece is printing on the rest of the EU then the people are currently aware of and the impact will be felt much larger, the fact that the bulk of the EU states cannot keep a proper budget merely makes mathers worse (not a typo, it means ‘reaper of hay’), and now I am in a state of moments uncontrollable deriving laughter.

The lack of visibility to several parts (an issue I cannot blame the media for in this case) is just incomprehensible. In part this is due because there are so many elements interacting, yet the fact that the issues are not visible is still a matter of great concern, and also an additional reason to push for Brexit.

 

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One economy crises a day

Yes, it is the Guardian that alerts us to: ‘World economy at risk of another financial crash, says IMF‘ (at https://www.theguardian.com/business/2018/oct/03/world-economy-at-risk-of-another-financial-crash-says-imf). So as we see: “Debt is above 2008 level and failure to reform banking system could trigger crisis“, we think that this is a small issue, but it is not, it is however not the real dangers, merely a larger factor. The quote “With global debt levels well above those at the time of the last crash in 2008, the risk remains that unregulated parts of the financial system could trigger a global panic, the Washington-based lender of last resort said” gets us a little closer to it all, yet it is the phrase ‘Washington-based lender of last resort’ that is a little more at the core of it all. This, or in a roundabout mention towards the US federal reserve is not the only part in this. It is the ECB with its quantative easing setting, now at 3.7 trillion, which in light of the Bloomberg article in 2017 (a year ago now) mentioning ‘Some ECB Members Identify 2.5 Trillion-Euro QE Limit‘ becomes a larger issue. With the US national debt at $21.5 trillion the ECB at an estimated €2.4 trillion bonds as per June ($2.7 trillion), we are going off the deep end soon enough. So as people were all in such a state that I was wrong, it would not happen again and that the economy is great. Consider that I warned about this danger several times between 2016 and the latest in May 2018 with ‘Milestones‘ (at https://lawlordtobe.com/2018/05/05/milestones/). Yet all the parties are stating that I was wrong, and several hours ago, the Guardian treats us to: “The growth of global banks such as JP Morgan and the Industrial and Commercial Bank of China to a scale beyond that seen in 2008, leading to fears that they remain “too big to fail”, also registers on the IMF’s radar“. Yes, ‘too big to fail’, or should that be ‘to big too fail‘?

So when we see Gordon Brown getting quoted with: “former UK Prime Minister Gordon Brown said last month that the world economy was “sleepwalking into a future crisis,” and risks were not being tackled now “we are in a leaderless world”“. I found his response slightly moronic as there is no leaderless world, there are merely elected officials who know that they are merely in temp positions and they are paving the way for really nice paid futures. There is a distinct difference there. And in that I am still modestly awaiting my honour degree from the London School of Economics, in a pinch one from the Wharton School of the University of Pennsylvania will do too.

So when we see both “Christine Lagarde was concerned that the total value of global debt, in both the public and private sectors, has rocketed by 60% in the decade since the financial crisis to reach an all-time high of $182tn“, as well as “the build-up made developing world governments and companies more vulnerable to higher US interest rates, which could trigger a flight of funds and destabilise their economies. “This should serve as a wake-up call,” she said“. My response will be: “No Christine, you are wrong! The entire setting of a wake-up call is already 3-4 years too late. You have been unable to nurture the ECB, keep governments awake to get spending under control and the fallout will be huge and the people get to pay for it all“. The one benefit is that too large a population will be going through two depressions wiping out all their savings soon enough and in that there is an actual chance of a new civil war that would spread all over Europe. At that point the life of any politician will be £0.02 at best, once that starts, there will be not merely a Brexit, it will herald the end of the EU and it will impact the US in a most disastrous path, not merely wiping economies out, there will be a lack of trust between the US and the EU that will surpass the distrust levels between the USA and CCCP at the height of the cold war. It will redraw global economic maps to the larger degree. That is also seen in the part when we recollect the June 23rd article called ‘They are still lying to us‘ (at https://lawlordtobe.com/2018/06/23/they-are-still-lying-to-us/). There we were treated to “Greece is once again becoming a normal country, regaining its political and financial independence“, remember that part? So how normal is that country as we are treated to ‘Greek Bank Stocks Tumble Amid Concerns Over Capital, Bad Loans’ by the Wall Street Journal a mere 8 hours ago? So when we see “Investors appear to have completely lost confidence in Greek banks,” economists at HSBC said in a research note. The four main banks— National Bank of Greece, Alpha Bank, Eurobank Ergasias and Piraeus Bank—recently submitted ambitious plans to rid themselves of more than half of their soured loans by 2021 to the banking-supervision unit of the European Central Bank, several bank officials said. Under the new plans, which the ECB is considering, the banks would commit themselves to reduce their nonperforming loans to 15%-21% of their total loans, compared with today’s levels of 40.7%-54.7%“. the article (at https://www.wsj.com/articles/greek-bank-stocks-tumble-amid-concerns-over-capital-bad-loans-1538584978) gives us a lot more, but it shows that the banks are trying to shed the bad loans in as creative ways as possible and in this the governments are as I personally see it part of the problem, they were never part of any solution and the people will get to pay for it all as they were treated last quarter to: “as elderly Greeks face losing up to €350 ($416) per month when new pension cuts are implemented as of Jan. 1, 2019“, I believe that as the Greek banks collapse to the larger degree, as the Greek banks are shedding over 50% of outstanding loans, their value would also collapse as will their prospects and the loss of confidence will only increase the pressures. All whilst payments will still be due and cannot be met as it is staged to be at present. So there is a chance that Greeks will lose 50% more than they are currently losing at present in the next quarter, so we will see that the Greeks will start the year in utter poverty and the rest of Europe is not far behind. The ECB with its badly conceived QE plan has achieved that, so when the people are given that danger and handed the loss of retirement funds, utter rage will not be far away after that.

It was one of the reasons why I kept close eyes on Salini Impregilo. Even as Europe is going proverbially down the drain Salini Impregilo has been making headway on a global scale, foremost in Saudi Arabia and as their projects are kicking off, the infrastructure needs for Saudi Arabia grow. Their needs for dash boarding, reporting and data analytics will rise over the next two years and will require more and more knowledge and infrastructure with any additional building they are assigned. The entire project of the King Abdullah Financial District (KAFD) drew it even further to the foreground, merely because the required concrete levels that can be delivered seem to be at 30%-40% of what is required soon enough. It is an opportunity for Saudi Arabia and the UAE, but also optionally for Egypt. All these shortages ignored for now, yet when we see the image from 2012 and what was required then, and we consider that Neom will require close to 15 times that, where will the concrete come from? And it is not merely the availability; it will be about the proper planning of resources. Even as Salini Impregilo is merely a larger player of several projects, they in the end all need their concrete and where will that come from? So at this rate I expect to see the delays making the forefront news from 2020 onwards. Even as some places are increasing as much as they can afford. I expect it to fall short by a larger degree soon enough and when we are introduced to the heart of the matter. Smart cities will need smart infrastructure and the wiring will be well over 20 times what the entire Boeing 787 Dreamliner fleet required and that is a lot. the skills, the training to get the amount of people fuelling this is short on every level as I see it, so as Europe collapses with the debt, Saudi Arabia gets the option to buy staff cheaply soon enough. No merely getting the knowledge they need. Yet the brain drain to that extent has never been seen before anywhere in the world and that is where the ECB will suddenly realise that the fuel required to fix any acts of stupidity in the last 10 years will no longer be available and at that point Wall Street will wake up getting to live the perfect nightmare. It is not merely that there will suddenly be a boost of economy because there is no unemployment, getting the people trained up will take decades, stopping economic growth right quick and for much too long.

And as other players open up the doors for a guaranteed decent lifestyle, the setting is changing. We see that in the European Pensions last July, a mere 2 months ago when we were given: “European pension schemes are becoming increasingly attracted to the high returns and diversification benefits offered by frontier markets” This is the setting of: ‘more developed than the least developing countries, but too small to be generally considered an emerging market‘, yet as the high returns are estimated, the risks are also higher and there seems to be the risk ‘risk premiums are more greatly affected by political, economic, and financial factors‘ that is seemingly ignored to a larger extent. We see that part when we consider both “MSCI Frontier Market Index is the most widely used benchmark for equities. However, even this is highly concentrated in certain markets and sectors – financial stocks make up 46 per cent and the top three countries make up 53 per cent“, as well as “Argentina, which makes up around 22 per cent of the index, and Vietnam, 15 per cent“. So, now consider that the very same Christine Lagarde treats us to: “The International Monetary Fund (IMF) has agreed to increase a lending package with Argentina by 7.1 billion US dollars (£5.3 billion), seeking to calm markets over the country’s ability to meet its debt amid growing economic turmoil” a mere week ago. Do you still think that I was kidding or merely trying to kick the dead donkey? I am not stating that this is the fault of Argentina. I am speculating that too many parts of Wall Street are banking on the failure of others and it opposes the setting of returns on those seeking success, in this setting the pensions will lose, optionally they will lose every time without fail and the people are left with an empty bag not worth the price of that empty bag. Do you think that people will sit down and accept that? No, they will be beyond furious and the setting of Johan de Witt and Cornelis de Witt blamed and lynched in The Hague, the rioters were never prosecuted. So, there will be enough motivation on more than one level. It is something for the current European politicians to keep in mind, because this could happen again and the setting that the people face over the next 10 years is a lot worse than the ones that the population faced then. At that point, when this starts, I truly hope that those politicians will have the option of a quick getaway out of Europe, because they will not know safety ever again in that place.

So whilst we see the distancing of politicians on all fields whilst trying to drench themselves in non-accountability, whilst they will try the path of ‘It was a miscommunication and we were given the wrong advice‘, the people will no longer accept that as the evening news. They will want their pound of flesh and a bucket of blood and the regard of the value of politicians at that point will have been degraded to zero, and their ‘post life’ Facebook profile image might optionally look similar to the painting of the brothers De Witt as it was in 1672. You might think that it is mere speculation and it is, yet the trigger is not my speculation, it is the message of economic crises after economic crises as the governments are not acting against the banks and the exploiters that hide behind ‘too big to fail‘. The people all over Europe, if not on a global setting as they are mistreated to overly optimistic futures that cannot be met and have not been met for over a decade, you see, if that was actually true debts would have been receding, would they not? The only ones that did that harshly were the Germans and they are indeed in a much better place. It is the difference between being popular and doing what needs to be done and in that Angela Merkel was not about being popular, yet now those Germans are in a much better place than most other nations. It is something for you to consider as you notice your pension is gone and you want to take it out on someone.

so whilst we consider the final line in the Guardian, which was: “Without a rise in investment economies remain vulnerable to financial stress“, we need to consider that the setting is not merely about ‘investment economies‘, it is about the setting where large corporations come in and use that setting to ‘invest’ whilst draining away the gained momentum, so the economy that once was in that stage has been drained and those momentum profits are relocated to other places where ever those boards of directors are fuelling their personal wealth accounts, leaving those nations in a post investment era that is now merely regarded as a consumer fuelled economy whilst those people never gained the better economic standing to spend the money fuelling it further.

A setting where the equilibrium of economics fails as there was never a state of balance, merely a stage of relocating available wealth and the frontier markets are no help, they are merely an optional stage not unlike the CDO issues of 2008, in my view a way to avoid taxation and move whatever they could to a non-reporting nation. Or as one source stated: “the smarter operators no longer use filthy lucre but instead employ modern financial devices such as Interest Rate Swaps (IRS) and Total Return Swaps (TRS) to evade tax“, a setting where some take a 4% loss to avoid 26% taxation, it still wins them 22% and many had to live of a bonus a lot more shallow then that and from a base amount massively smaller than the one moved away.

One crises a day, I wonder what the bad news we will get treated to next week.

#HappyWorldAnimalDay

 

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The European conglomerate of corruption

It was always going to happen, it was always going to get pushed. Yet the setting and the size of the levels of corruption is just beyond anything I could have imagined. How large corporations and politicians set hand in hand to enable corruption is just staggering and the media is assisting in this process. This is more than just Brexit. The article (at https://www.theguardian.com/politics/2018/sep/17/uk-needs-darkest-hour-in-brexit-talks-before-giving-ground), gives more than just the title ‘UK will shift Brexit stance in its ‘darkest hour’ claim EU officials‘.

Now some will throw ‘corruption’ left, right and centre, so let’s take a look at this. The dictionary gives us “dishonest or fraudulent conduct by those in power, typically involving bribery“, the problem is that most people just think it is about the money and most of the time they are correct. Yet the legal dictionary gives us: “The use of public office for private gain, Dunhaime gives us in addition the Canadian setting with: ““Corruption is understood to be the exploitation of a position of trust, typically in the public sector, in order to receive a private gain, which may or may not be financial. “Corruption is not a simple issue of right and wrong, and conditions that encourage public officials to seek out or accept corruption include (a) the expected gains from undertaking a corrupt act exceed the expected costs and (b) little weight is placed on the costs that corruption imposes on others.” We got this part from Karen Katz in the Canadian Law Journal.

In this we must also include the American version, which was discussed in In Nixon v Shrink Missouri Gove, where Justice Souter of the United States Supreme Court used these words: “Corruption is a subversion of the political process. Elected officials are influenced to act contrary to their obligations of office by the prospect of financial gain to themselves or infusions of money into their campaigns“, it is the elected officials part that matters.

When we are confronted with: ““A lot of movement is needed by the UK side before we can actually reach agreement”, said one senior diplomat. “We need a substantial change in the UK red lines still.” A second EU diplomat added: “It seems that the UK needs to have a ‘darkest hour’ moment before they will shift position. But they will have to shift their position.”” In addition, we see the fear mongering by Christine Lagarde, managing the IMF, who so far has been wrong thrice over in the last four years alone. We are given “a no-deal Brexit would deliver “reduced growth, an increase in the [budget] deficit and a depreciation of the currency“. In this we see another claim that has to be proven wrong again, all in the need of fear. You see this fear is growing. It is in part growing because the Italians are also moving on an ItaLeave (or is that iExit) path.

A path that even I did not see happening. I gave voice to the danger two years ago, but I also recognised that it was unlikely to happen, not as much as France and they pulled a rabbit named Emanuel Macron, not the Emmanuelle the European man were hoping for (see image). Yet in Italy it did go a lot further And now that Metteo Salvini is the elected group, the powers of Wall Street are getting scared, they are contemplating the end of their long reign of exploitation, so this wave is perhaps the last one, which makes the subversion of British Freedom even more essential. And in this British politicians are helping out, because London has been scared by all the fearmongering and Sadiq Khan is now worried for his town. He is shouting on the need for a second referendum. Yet, I want to set a few parts as well. The first is that the ECB gets disbanded, it is not transparent, it has taken liberties that are beyond acceptable and whenever the G30 bank elite comes to mention it had been avoided again and again. That is the setting towards what I regard to be of levels of corruption that are beyond acceptable. I personally want to add the right of targeted killing that means that any given links on politicians and the banks and large investors that is regarded to be unacceptable comes with an automated death sentence. I wonder how many politicians will get worried, they claim they will not be, but one knock on their door with the mention of the Battersea Power Station with the quote: “In an interview with the Guardian, Anwar, who was released from prison after the opposition won power for the first time in Malaysia, said the previous government had used the savings of ordinary people to cover up the multibillion-dollar embezzlement scandal at 1MDB, a state investment fund.“, and when we consider the news merely 5 days ago (source: the Guardian) with: “Peter Bingle used his longstanding relationship with Ravi Govindia, the leader of the London borough of Wandsworth, in attempts to circumvent council officials he believed were being obstructive to his clients, including over the size of payments due to public projects“, I think that my case has been decently made. In this we will hunt down and give the fear mongers the option to either show clear evidence or get executed. Is that not an easy way to get to the truth of the matter?

This reflects on Europe and the ECB, because their laughter dies down quite quickly at the point when the first ‘accidental’ fatalities hit the newsreels, after that them bitches be crying. As for the hard times. Yes, the UK would always get a few years of hardship after Brexit. Anyone stating that this is not true is lying to you. The issue becomes that after Brexit, the careless spending will no longer get pushed onto UK budgets, which also means that debts can be better dealt with quicker and also to a larger extent. That also means that as debts go down, as infrastructure issues are dealt with, it will have much better chance when the UK is not dragged down through 3 trillion stupid mistakes by Mario Draghi. OK, that was not quite true, the first Trillion we get, but when it failed he decided to add two trillion to that debt. That is the issue that the UK is confronted with and there is also the bigger crux. You see, the BBC reported last month (at https://www.bbc.co.uk/news/business-45247631) that a charity has called for tougher regulation of bailiffs, as it calculated that households have fallen behind on essential bills by £18.9bn. Staying in the EU does not fix that, the bills are still due, yet when the economy betters something can be done and that is what Europe does not want, they want that the lifestyle remains equal for all, looking at Sweden alone we see that this future is fictive and the EU is draining all funds with their gravy trains as well, making matters worse. If there was only someone who had been able to hold the ECB accountable on some of their actions, but alas, there was no option for that and there we see the one truth that Nigel Farage was correct in. If the Brits all unite for a better Britain it will work. And that is not merely those born there, anyone living in the UK, being a resident or citizen has the best interest that growing the UK is the only path that works.

The entire charity matter is also a path that matters, because it impacts life in the UK. We can agree that bills have to be paid for, but that is no longer an option as the pockets of big business are filled through exploitation and that cash is moved out of the UK through perfectly legal and creative bookkeeping.  So when we see: “Citizens Advice said it was getting a call from someone needing help owing to bailiffs every three minutes. It is calling for a bailiffs regulator in England and Wales. It points to a case of an elderly couple who owed £700 in council tax who are now afraid to open their front door after bailiffs used aggressive tactics and threatened to call in the police.” We need a much better system that allows for the return to better values and pushing out exploitative business is a requirement, yet their exploitative options are protected by the EU and Strasbourg, who want the status quo and will remain in denial for another decade, whilst the required actions are already 5 years too late. Here to we see the need to go it alone for the UK and let’s not forget that Italy is already moving on that path, no matter what happens now, when Italy gets out before the UK, the options of the UK will diminish even more, and that is still on the table, even as we see the news with “‘We Want to Change Things from Within.’ Italy’s Matteo Salvini on His Goal to Reshape Europe“, we see carefully scripted answers in regards to the Italian exit, yet the EU budget fights are implying that this path remains open to Matteo Salvini. The Financial Times (at https://www.ft.com/content/cad84ef6-b10d-11e8-99ca-68cf89602132) gave us: “But others fear a spat with Rome that could spur support for Mr Salvini in European Parliament elections in May next year and re-energise his party’s calls for a eurozone exit.” That is the dilemma that all these Europeans now face, because when the UK is officially out, the Italian exit will collapse the Euro as well as the EU. A setting that was always going to happen (at some point), yet the order in how it happens will also set the stage on how it impacts the UK and my personal view is the quicker that they are out, the better their position will be and there we see the stage of all these fearmongering players, every month less is another year of pension gone and a more medial lifestyle for those people who want their golden parachute and their golden swimming pool. That whilst 99.99934%of the people in the UK (roughly) will never ever have either.

So even as he Financial Times gives us the Top Marginal personal income tax for employees , we see that Sweden heads it and the UK is a lot below that, whilst Italy is two places below that part and Italy ‘flat tax’ is dead last. Now if we could have seen another chart that includes the levels of tax avoidance (which is perfectly legal) we could clearly see that the UK will never get the amount professed in that chart. There are too many loopholes and many nations use them, the EU gave even more options there. This gets us to 2016, when we were introduced to: “On 28 January 2016 the Commission presented its proposal for an Anti-Tax Avoidance Directive as part of the Anti-Tax Avoidance Package. On 20 June 2016 the Council adopted the Directive (EU) 2016/1164 laying down rules against tax avoidance practices that directly affect the functioning of the internal market“, which sounds awesome, was it not that 8 months later, we were treated to: “Huge sums are being lost due to tax evasion and avoidance. Estimates go up to € 1 trillion“. The mere setting of dates that were not clearly added to the page and other matters missed, gives us the uselessness setting of the EU, moreover those 8 months, the people involved, what did they achieve and how much did they get paid? It is my personal opinion, yet ec.europe.eu is filled with blunders and misgivings of a nature that should have gotten a truckload of these people fired and now they all band together, because when the UK leaves their party ends and that scares them. It is not that they merely try, it is that they for the most fail again and again.

That whilst IBM gave us the opposite setting for Brexit only a month ago with: The problem, though, is that there are some signs that Brexit isn’t going to be as bad as once feared – and may, in fact, turn into a net positive for the UK, and tech giant IBM might play an outsized role in some of the developing factors. Here’s why:

  • Foreign Investment is Growing
  • Emerging Technology Solving Trade Issues
  • Exports Climbing and
  • US Uncertainty Taking a Toll

These are all matters that work for the UK over time and that is why these levels off fearmongering anger me so and I personally would want retaliation against those trying to prolong their futures through fearmongering.

All issues ignored by the media to a much larger degree and whilst they emphasize on people like Lord Adonis, we need to make certain that those doing so are given the spotlight to the larger degree after the proof is shown, we will not allow for a simple ‘sorry’ we will set the stage for draconian change to their non-journalistic path. In the first in setting these publications as no longer to be regarded as newspapers, especially publications like the Daily Mail. They can publish of course, we would never hold their right of expression, but no longer in a 0% setting, they will become vat accountable for the 20% that any magazine and glossy gossip mag is set to, the playing field should be equal, should it not? I wonder how long it takes for them to feel that 20% pinch (good for the UK coffers) and when they start passing that onto the consumers, do you think that they will continue choosing that medium, or will they consider reading an actual newspaper?

All elements of corruption. The setting of ‘exploitation of a position of trust‘ is seen with newspapers, title of status, positions of wealth and managing policies as well as the facilitation and nepotism on smoothing paths for buildings. There is too much going on and it is hurting the UK immensely. We can argue that the EU has allowed corruption levels that we had not seen since ancient Rome and when we consider who is heading the ECB, we see and optional coincidence of correlation.

The largest danger is not when the UK gets out, but when the fear mongers win and Matteo Salvini succeeds, because at that point the UK will face close to a decade of additional hardship. Are you ready for that? Are you in the UK willing to forgo heating in the winters of 2020, 2021, 2022, 2023? Consider that, because the debt of the people adding to £18.9bn implies that they have to forgo electricity or heating; what would you chose?

 

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