Tag Archives: India

December 5, 2024 · 17:07

The price of debt.

That is what I am looking at, the price of debt. You see, they are all hailing that the US economy is strong. One voice (Goldman Sachs), the one that lost it all in 2007 told the world that America would be strong at 2.5% (somewhere I read it). To all it sounds nice and I like nice, but I also query a system that is to my (non-economic view) is rigged. As we see images all over the place on how good things are supposed to be, consider:

We see the setting as tax collected. For 2023 is was “The US government collected nearly $4.7 trillion in gross taxes during the 2023 fiscal year, which is a 15.5% decrease from 2022. The IRS collected taxes from a variety of sources”, now for some it is a little more then milk money. And that sounds nice, but the other side has “As of October 2024, the United States government’s monthly interest rate on its debt is 3.3%. The average interest rate for 2024 is 3.32%, and the total debt is $35.46 trillion.” Consider the simple setting of 3.32% of $35.46 trillion. This gives us $1,170,180,000,000 dollar annually. Which would be ‘liveable’ were it not for the simple fact that this is ONLY interest. The debt remains. And now we have a problem. You see the interest is is a simple 24.89% of the entire taxable revenue and it was 15.5% less from 2022. Do you now see the problem? 25% of all taxable revenue goes to the banks that carry the debt. The federal government spent $6.75 trillion in FY 2022. This means that they spend over 30% to much, more than they had and if there was no debt we could argue, but at this setting we are faced with the simple fact that $6.75 trillion was spent over an available amount of $3.5 trillion, which is getting worse and worse. As such we could surmise that the debt will increase with a little over 3 trillion over spending over last year alone. As I see it America is done for. And the setting worsens with the optional crushing of Google in 2025 (by breaking up that firm) which give Huawei their first global win. Then the defence industry is losing more and more revenue to China and this sets a larger premise. In that setting we see on one hand “The A&D industry generated $425 billion in economic value, representing 1.6 percent of the 2023 nominal GDP in the U.S.”, yet in this we already seeing revenue shifting to China in this year alone and more revenue goes to Europe. For Saudi Arabia alone this sets the bar at “In 2024, the Saudi Arabian defense budget is worth $71.7 billion and will grow at a CAGR of more than 8% during 2025-2029.” Yet other sources give us that “Saudi Arabia estimates military spending will be 15 percent lower than budgeted this year” as such we could surmise that this implies that Saudi Arabia by itself would spend $10 billion less. Not a biggie you say, but the other side is that China now has a little over 10% on that slice of delicious gunpowder baked pie. Making the loss for America more. As such we see an annual loss of $16 billion in one year alone from one customer. As such, what would be the books on India, Japan, Taiwan, Pakistan and Indonesia? If we see these picture, we see a dangerous escalation towards some fictive nil revenue for America. Fictive because that will never happen, but as the largest players seek economic stability they will spend less and take other jobs ‘in-house’ as the expression goes and America has been too reluctant to appease to that state of mind. And now China will step in to offer just that. As I see it, the question on the dollar setting was wrong. We are given “As of March 2024, over half (52.9%) of Chinese payments were settled in RMB while 42.8% were settled in USD” against the tariffs threat by president elect Trump. The actual question would become “How long could the US Dollar keep standing?” You see, as the debt becomes a millstone around the neck of the US administration, we need to consider that some nations will seek shelter from the fallout that this setting. In 2017, on March 17th I wrote ‘The finality of French freedom’ (at https://lawlordtobe.com/2017/03/17/the-finality-of-french-freedom/), I set the comparison of the Euro like a barge kept in balance by 4 strong economies. UK, France, Germany and a combined economic anchor. The UK was lost and there was a setting when the French anchor would be lost too. The Euro could not survive a setting with two anchors. A simple equation. Now with the Dollar under attack the Euro could face near certain scuttling. As such the Dollar has an influence there. China seemingly doesn’t care, but the other players who make up a combined anchor might switch sides when they merely look at their own currency. And the debt? They will not care. And as such the dollar faces a lot more than the bully tactics of choice. They will need to up the game by a lot, because when one goes, so will the other and that puts the livelihood and liveability of 784 million people at the markers. 100,000 of them will do fine, but that represents a simple 0.01275348% of people who are likely to make it (outside of the EU and USA), so when were that good statistics? 

The price of debt was always there, but the media has been eager and willing to hide those facts through BS and spin and soon when the people catch on (the other 99.987% of people), the live of playing the media courtesan will be one of the most dangerous of them all. People remember. And it was a simple equation for the media. “You can fool all the people some of the time, you can fool some of the people all of the time but you can never fool all of the people all of the time” A simple setting I knew to be true as early as the early 80’s. So how long did they have at most? Some are already falling in the bad light and when the people realise that they weren’t eating potatoes, but turnips. They will become massively enraged. 

A simple setting I have known to become reality at some point. So when are we given the goods? When the interest of the debt of America is shown as a setting against the budget and at this time it is around 25%, Americans need to realise that budgets need to diminish by at least 30%, so at what point do the people realise that the simplicity of the matter is that their money is about to be gone?

Have a lovely day.

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December 3, 2024 · 22:58

Bully tactics

The BBC (LinkedIn also) gave us a story. The BBC (at https://www.bbc.com/news/articles/cgrwj0p2dd9o) is giving us ‘Trump threatens 100% tariff on Brics nations if they try to replace dollar’. We are given “US President-elect Donald Trump has threatened to impose 100% tariffs on a bloc of nine nations if they were to create a rival currency to the US dollar. “The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER,” Trump wrote on social media on Saturday.”Now we can shout high and low, but the simple setting is that this is merely the second setting on the line that the good times are over in the US and things are about to get a lot worse. The simplest setting to consider is that if these facts present themselves the first hurdle will crash the little economy that they have. Let me explain. If President elect Trump goes through with that. Stuff in a place called Walmart will become close to twice as expensive. This implies that Walmart will drop all goods from China and India. As such others will have to provide, which will turn out to be close to impossible. Consider that Walmart employs 2,100,000 people and as I see it close to 60% will be out of a job then. Walmart has a net income of 16 billion dollars. It comes from $648 billion dollars. Now all these Chinese and Indian goods would get a 100% Tarif. So what happens when all those goods get a 100% surcharge? The American administration will drown Walmart into oblivion. Add to that the Google issues and China will get near clean run on running the global economy. So why wouldn’t they push for a Yuan to become the new central currency? And in that process slam the American administration as well? I reckon that China is chomping at the bits to get started on that. With the hardships given to Google, Huawei gets a smashing option to take market shares from Google in Europe the Middle East and Asia. Apple will get hit, but not as much. Then we get the Walmart and its wannabe’s who rely on cheap goods from China and India and they will all pretty much lose whatever they had. When we see Walmarts closing all over America many will realise that the game for America is up. I did mention this danger for well over a decade. When you let the debt run out of control with no exit strategy there is no real solution coming. I saw that a mile away, so why didn’t these overpaid economists? Now we get the new AI bubble and soon people will realise that it is merely another gimmick. When the revenue stays away from the books, when these revenues get pushed back again and again the third step will be reached. So president elect can bully as much as they can, but the pole position was missed and whomever is in control have no solutions to offer other then austerity that goes beyond anything Wall Street could ever have predicted and the party is over now. Don’t worry the family members to Sam Walton and Bud Walton will be fine. They can relocate to a nice place where they can spend their money. The other 2.1 million are royally screwed. I will not blame any Walton. They played the economy game and they played it well, they have options. The bulk will not. And when the dollar is replaced, banks, retirement companies will as I suspect buckle as well. The impact of a $36,000,000,000,000 debt. The impact will go slow but it would be undeniable. As BRICS decides on another currency they will attract several other players and the European parties will consider the change and they will do what is in the best interest of their Euro, they will not care about the US dollar for one second. That is the reality that was pretty much spelled out half a decade ago. I get that America will try to do what is best for America, but that option was nulled when parties decided to break up Google. That was the first step towards the end. And now Huawei will be the best option for many players. So as the economic map will be redrawn, we will see a new horizon with India, China, United Arab Emirates and Saudi Arabia at the head of this new horizon. In that new map there is no longer a mention of America, the US dollar will remain a little while longer until all other nations have dumped trillions in dollar bonds. That will be the trigger that ends the world economy as it currently is. 

Have a great day today, tomorrow is the midweek and a mere three weeks until Christmas.

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November 30, 2024 · 01:48

Google to the left, clowns to the right

I got a little surprise when I saw the BBC article (at https://www.bbc.com/news/articles/cly23yknjy9o). The title ‘A fatal car crash in India sparks concerns over Google Maps’ Immediately two questions went through my brains. In the first there was How is Google involved? I like Google maps and I use it, but I do not rely on it. Too many dangers ahead of any trip and too many issues on how the data is made available. The second question came from the fact “three men died when their car veered off an unfinished bridge and fell on to a riverbed in the northern state of Uttar Pradesh.” The issue I see is”

  1. Were there no danger signs?
  2. Was the driver asleep (or driving way too fast)
  3. What assumptions were there to allow the thought “they believe that Google Maps led the group to take that route”.

As such we get to the first setting. An incomplete bridge sets the premise that there would be warnings all over the bridge and the road preceding the bridge. A little presumption from me, yet that setting has been a fact in many many countries. Signs like ‘incomplete bridge’, ‘hazard ahead’ and a few other signs like blinking lights.

Then we get to the driving. Was the driver paying attention. Were speed limits invoked. You can put all the signs you want, but if you go on an uncompleted bridge at 315KM/H there is the chance you might not find the breaks in time. The added setting of the driver paying attention to the road might also be a clear sign. Now to the Google Maps error. We presume it is an error, because if the road was assigned we would expect it to be completed. As such we get to the why it was in Google maps. This does not make Google responsible, but it would make sense that there people might have taken a wrongful turn. You can have any kind and level of tools aiding you, yet the setting becomes the driver and what he did. There is the thought the driver got Kristy Swanson’ed like Charlie Sheen did in the Chase (1994). 

I would be a little distracted. Then there is the distracted driver everyone talks to while he is driving. All options that makes it not a Google issue. And there is the fact that Google was mentioned. Now, I cannot say which bridge it was (lack of clarity) but in Google maps I see 

I cannot say whether it is this bridge, but the BBC didn’t bother with these details either, as such I can clearly see that THIS bridge is under construction. So did anyone get these details. And when we see the image the Hindustan Times gives us, I get back to the original presumption. Where were the danger signs? When you see the image of the bridge it would be the first I would think of, Google wouldn’t be in my mindset. 

So as I see it Google has no blame here. It ties to give as best the information it is given and that is all it can do, the rest is with the Clowns thinking that they can blame Google at the drop of a hat, any hat.

So even as the Google people are cooperating, the first call should be the department responsible for the roadsigns, especially the fat whether the ‘Danger Warning’ was ever placed in the first place. And as we are given “Authorities have named four engineers from the state’s road department and an unnamed official from Google Maps in a police complaint on charges of culpable homicide.” I merely wonder if there was a mess up in India and the actual premise should have been “Authorities have named four engineers from the state’s road department in a police complaint on charges of culpable homicide.” Is this about the guilt, the responsibility or the setting that Google is asked to fork over 5.5 Rupee for the event. 

I have my thought on the mess and none of them involve Google. Oh and another thing. How can we be certain that the driver wasn’t using Bing Maps? Not blaming Microsoft here, because as I see it they would be equally not guilty in this setting. But what data did the police have that Google was involved in the first place? 

Have a great day and watch out for crossing sharks today.

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November 27, 2024 · 17:06

Saudi Fun craft

That is on the agenda. Most people are hauling what they can to see their name in COP29, but the others (or those who put their name down already) are trying to be seen as the anti-China voice in the middle east. Because that is what Trump wants, right?

That is the setting of the next wannabe, the next facilitator or the next service provider. Saudi Arabia, Aramco, the UAE and ADNOC’s next need, that is what their limited view states. I cannot agree. That was what the region needed, the next iteration however is as subtle as a maul to a shin.

You see, most are ‘reacting’ to ‘Better offer needed if the US wants to pull Saudi Arabia away from China’ (Amwaj media) or ‘Saudi Arabia seeks mining deals with Chinese, Indian and Canadian firms in industry push’ (AL-monitor). There are more headlines, but the cautious player notices that America (or USA) is in several instances no longer mentioned. That is the actual play. President  elect Trump has a problem. His library is not on the mind of those who need to have it on their minds and that is a plural issue. Microsoft might be ‘offering’ the world to the UAE in AI, but the critics who know a thing or two are skeptical. I cannot tell if there is a silence delay, or an actual disregard in play for the USA. You need to be in the know with China and a certain palace in Riyadh to know the actual setting. And in this Amwaj gives us “if Washington truly wants Riyadh to join the US camp, it should come up with a better offer—instead of a proposition with strings attached.” Funny that, I said something similar on March 11th 2020 in ‘Who is Miss Calculation?’ (At https://lawlordtobe.com/2020/03/11/who-is-miss-calculation/) the words are not the same, but the spirit was. As most would embrace Good business is where you find it, others went for Money talks, bullshit walks. So who was president then?

It does not matter, policies are always on a turntable, but the disc hits that direction 33 times a minute. Faster if you play a CD. No matter whose president when this matter resurfaces. China had a while to set his ducks in a row and he merely needs to watch the fallout whilst he takes shelter regarding the massive boink the Americas show when things turn sour.

America needs a positive hit and that implies being close friends with the Arabian allies UAE and Saudi Arabia. All whilst they know that they need to be friends with China as well. And that is a bitter pill to swallow for America. The tables turn even further as elemental deals (where America would have been the A-team for Arabia) we now see China, India and Canada taking slices of that pie as well. I send stern warnings in 2020 and now we see it happen. So consider that America had the biggest part of that pie until 2015, now we see that America (with $36,000,000,000,000 debt) ends up with a suspected mere 45% of that pie, 55% went into other directions. Add to that the deals Europe and Australia expects to make before Jan 1st 2025 and you see that Saudi Arabia is doing what it needs to do for its country. It might not look nice, but that is the reality of it all and I gave the people heads up for over 4 years. Now it all ‘looks like a crises’ that does not mean it is. It is merely a crises when you were unaware of it all and America was very aware. So seeks the sands with COP29 all whilst there are over 41000 flights each day and many are not needed. So how is that for “biologically formed organic matter”. Yes they will stop some of this all whilst a massive chunk of of these 41000 flight each day could be deleted. So where is COP29 now?

And it gets to be bad, or worse for America. The Tariff deal for Canada is seen as disastrous. But when it can deal with China and Saudi Arabia, what Canada loses on one side, it will gain more on the other side, America painted itself in a corner. And for the sweeter deal? It might be too late for that. China has gained about 15% of the pie that was meant for America, as such the bills will be pushed along forward and there is actual consideration that America would have to lease its land to others to make a shilling and it is not shillings that America needs. It needs a wheelbarrow of these coins. As I see it, America now has less than 4 turns until it can no longer make any moves. It wont be able to afford the entry fee to make a move. As such I personally believe that America has been playing the wrong game. They were playing chess whilst Chinese chess was needed. They never used the board optimal and now that they figured out the game, it is too late for that.

In my own view (optionally a wrong one), the friends of Trump are heading for the hills. They will not get away Scott free, but they will get away. The rest gets saddled with the biggest invoice in human history and they cannot foot the bill. And don’t think that this is not on you all. Your pensions are about to go the way of Lehman Brothers 2003. The loans that are still outgoing will be foreclosed by the banks foreclosing your banks and you end up having nothing to live upon. That too was blatantly obvious before the end of 2023. Now it matters to whom have the flexibility to make moves with whatever capital they have. Don’t rely on the stock markets. Have investments that are mobile, or optionally real estate. I feel certain that it will come to blows in 2025 when America shows that it has issues settling the bills they have. That is when panic goes global. And when you see this unfold those with a decent penny in Aramco and ADNOC will have a return on investment, the rest? Whatever of these rest players will be left alive in Q2 2025, because there is no reality that this will be true.

And when you ask how come? That would be fair and the answer wa staring you in the face. Country 1 gave payment to a debt of country 2 and Country 2 gave payment to a debt of country 1. So what is that called? And this had been going on for decades. I thought the barn was done away with when we learned of Silicon Valley Bank and First Republic going south on the debit line. However, the worst was dealt with. This time around it might be worse. The USA would need to call themselves bankrupt and the impact of that is beyond my ability to see, but I am willing to place a bet that China knows exactly what to do. You see, when this comes to pass China and others can vie for the 6,278,000 billion barrels a day it imports. It might be cheaper then getting their own oil, but that is where it is headed. India and China will try to get the largest chunk of it. As such Canada, Mexico, Saudi Arabia, Iraq and Colombia will need new customers and I reckon India and China will be chomping at the bits to get these slices of oil. It will impact global economy to a much larger extent. And that was merely the first part. Consider that Huawei is taking over another slice of technology and you have one country falling short on several fields, merely because they did not think things through. So wanna seen what happens when you owe a bank a massive amount of cash and you can only cover 60% of the monthly payments?

How long until this party is over?

Enjoy the day.

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November 19, 2024 · 00:43

Where is the west now?

The Arab News gave me an article that made me shiver. No, this is not some BBC article or a similar article by the Guardian. The article (at https://www.arabnews.pk/node/2579777/world) gives us ‘Emergency declared in New Delhi as smog hits highest level this year’. This is not some article about luxury jets. We are given “Pollution in Delhi and the surrounding metropolitan area — home to around 55 million people — reached the “severe plus” category as some areas reached an Air Quality Index score of 484, this year’s highest, according to the Central Pollution Control Board.” It comes with an added “Delhi was ranked as the most polluted city in the world on Monday by Swiss group IQAir, with a concentration of PM 2.5, 138.4 times higher than the World Health Organisation’s recommended levels.” That is not nothing. 138.4 times higher. Or as they might say 13840% of the recommended levels. We see Reuters, AP News, not the BBC and not the Guardian. I reckon that it doesn’t involve jets from the ultra rich. We are given that “Mahesh Palawat, vice president of meteorology and climate change at forecast company Skymet Weather, said people in the capital region are faced with serious health risks.” This is a frightening revelation. I keep on wondering how it could have gotten this bad. I have experienced smog in Europe, but I reckon that the Indians see that as a cool summer breeze compared to what they face. I wonder if there is a to the point card with up to date information (per day) how the rest of the world would react. I also wonder who will get the blame for this. I do believe that there would be enough blame to go around in the Indian political structure. Yet there is in me a realisation that New Delhi needs to do something about the population. As of 2024, the population of New Delhi, the capital of India, is over 33 million people. This is a 2.63% increase from the previous year. So at what point does the setting of ‘full’ apply? Consider that New Delhi has 30% more people than the entirety of Australia (or 90% of Canada for that matter). We at least have a decent amount of land to spread that population around, as does Canada, India seemingly has not. 

So whilst we get “On the AQI scale from 0 to 500, good air quality is represented by levels below 50, while levels above 300 are dangerous.” And the levels in New Delhi are 50% higher than dangerous. So when will we see the Guardian or the BBC offer ‘solutions’.

Have a healthy day, optionally with a decent amount of fresh air.

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November 11, 2024 · 18:19

The unspoken truth

That is a setting we relish and fear. There is no escaping it. When some people relish the setting of total freedom, they also fear how some people might abuse that same level of freedom. We applaud the freedom of speech, but we also fear the people that abuse it, like ‘Just Stop Oil’ for example. There was an advertisement the other day. The setting was an art exhibit and two “oilers” step up to defile a work of art. Then we see a middle aged man walk up to them and shoot them in the head, a simple execution. And for a lot of them (including me) there was a sense of calm, a satisfying feeling. These abusers of ‘freedom’ were dealt with. The future innocent art was saved. The art defilers were dealt with. That is the consequence of ‘freedom of speech’, you need to be held accountable. It refers to the very beginning of my blog. On June 19th 2012 I wrote ‘The accountability act – 2015’ in this I wrote “Why 2015? Well an act like this does not grow out of a goose feather and ink jar over night. If we think of a law that could make a real change, and would be a real stop to some of the acts of greed, then it will take time and a lot of effort too.” I gave the powers that could be 3 years to get their act together. As far as I know they never did. And this reverts to a new case, an act that happened that happened on 7 October 2023. The BBC (at https://www.bbc.com/news/articles/cj4vw1l8xvdo) gave us ‘Gaza’s top Islamic scholar issues fatwa criticising 7 October attack’ where we see “Professor Dr Salman al-Dayah, a former dean of the Faculty of Sharia and Law at the Hamas-affiliated Islamic University of Gaza, is one of the region’s most respected religious authorities, so his legal opinion carries significant weight among Gaza’s two million population, which is predominantly Sunni Muslim.” 

The world no matter how it is tweaked by the greed driven need for digital dollars, has had enough of the media at large. There is a (seemingly) staged setting that the world of Sunni Islam is seeing the fallout the world is having. It is happening in nearly all countries in the world. Shia Islam has embraced Terrorism in Lebanon (Hezbollah), Gaza (Hamas) and Yemen (Houthi) and the world is basically fed up with this path. Now we see the BBC story and there is a chance that Sunni Islam is isolating Shia Islam and this stage could be used to isolate and invalidate Iran. So as we are given “A fatwa is a non-binding Islamic legal ruling from a respected religious scholar usually based on the Quran or the Sunnah – the sayings and practices of the Prophet Muhammad. Dr Dayah’s fatwa, which was published in a detailed six-page document, criticises Hamas for what he calls “violating Islamic principles governing jihad”.” There is a chance that the Gazan population have had enough of Hamas to the larger degree and this paper might push them to the curve of decisions. Lets see the impact On October 10th we were given “An estimated 75,000 tonnes of explosives have been dropped on Gaza with experts predicting it could take years to clear the debris amounting to more than 42 million tonnes, which is also rife with unexploded bombs. Gaza’s Media Office estimates direct damage caused by Israel’s attacks on the Gaza Strip at $33bn.” Now as I personally see it, the Gaza Media Office is not impartial and their data is debatable. But we also get from Unitar on September 30th we were given “Those 66% of damaged buildings in the Gaza Strip account for 163,778 structures in total. This includes 52,564 structures that have been destroyed, 18,913 severely damaged, 35,591 possibly damaged structures and 56,710 moderately affected.” I feel that this needs to be scrutinised to a much larger degree. The media uses it for digital dollars, they are willing to obfuscate the data as much as they can, but clarity could resolve a lot of issues and Dr Dayah’s fatwa could be a first step to do just that. For the people in Gaza it is imperative that they get clarity. Hamas will not give that. How many people were living in these 163,788 buildings? And this Fatwa was the one thing Iran did not count on. The Iranians are in a bind. They opened the door for Israel to attack them directly, attack their oil reserves. The oil reserves enable the terrorist acts of Iran and when these are gone Iran is in a stale mate with no option but to handover all they thought they gained. The first being the isolation of three terrorist organisation. It will isolate Iran to the largest of degrees and with that gone so do their ‘allies’ China, India and Russia. Russia might hold on as they have other needs, but without oil India and China are pretty much out. It is my personal view on the matter, however this could start a new wave. One that invalidates Iran and give the stability and powers for Saudi Arabia and the United Arab Emirates to create a new foundation of stability. And lets be clear (and optionally honest) do you really want Iran, the country that embraced terrorism for decades to the largest degree at that table?

This is the setting we are pushed into and lets all hope that it works out for the best. Have a great Monday.

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November 8, 2024 · 21:00

All the way from Ottawa

Yup, that was the question mark that I had. I saw it at the CBC (at https://www.cbc.ca/news/politics/guilbeault-china-saudi-arabia-climate-1.7376007) where we get ‘China, Saudi Arabia should pay up to help the planet cope with climate change: Guilbeault’ OK, I like my sarcasm with plenty of Maple Syrup (a personal choice). A wholesome breakfast as it says. We are given “Guilbeault wants emerging economies to contribute to a new climate goal”. This sounds nice on paper, but it doesn’t hold the pastrami. I feel uneasy as the idea sounds nice, but it seems to have all kinds of unforeseen complications. And as we consider “Environment Minister Steven Guilbeault said Wednesday he wants China and Saudi Arabia to contribute money to international efforts to help poorer countries struggling with the worst effects of climate change.” You know, America and Europe take its own share of decades of looting in wealth the established setting of the commodity of oil. Oh, and why give OPEC and China that bill? Where is Am Erica for that bill? I am pretty sure that some president of the US give Steven Guilbeault the finger the moment he states that out loud. There is a larger setting. You see, we could decrease the allowed oil for any nation by 10%, then there is my favourite, decrease global flights by 15% (taken in account that there are way too many flights happening). You see, the last 15 years we have seen a million flights per year more. I did a calculation once (in 2021) where I stated “That amounts to 41,000 flights a day, every single day.” I did this on November 13th 2021 (at https://lawlordtobe.com/2021/11/13/a-cop26-truth/) in ‘A COP26 truth’ As I see it, this will have a better result. But Steven Guilbeault does not want that. He merely want to point the finger at China (to get the blessing of some president), he’ll also point the finger at Saudi Arabia which will not go anywhere. As I personally see it, this is a limelight piece. Get the shiny lights thrust upon him whilst the solution goes nowhere, and those poor poor emerging economies? Ad when we consider ““China will become, in fact, one of the biggest historic polluters in the coming years,” Guilbeault said.” What data does he have? In the coming years is speculation, as I see it, Russia will have to become a much larger polluter to get any fingers over the edge of disaster at present. There is no real data to consider that China will be anything like that. I wonder where he got the data, as the ‘data’ in march gave us all “India was declared as the third-most polluted country in 2023, after Bangladesh and Pakistan, according to a report released by Swiss air quality monitoring body, IQAir.” Which is interesting as they have a significant loss of longevity They went from eight position in 2022 to third position in 2023. Of that list of 50 cities 42 are in India. As such I call his bluff and wish him a nice day with what he has. Yes something needs to be done, pretty much everyone agrees with that. What it is, remains the question. Giving the Ace of Spades to China and Saudi Arabia is folly as I see it. The issue with any fire is to take away the air for a fire to breath, take away the fuel that propels the fire or put out the fire (the third is the lamest idea). As such you can limit oil to everyone, which will drive the price up, or take away the air for oil to burn (extremely hazardous to people). As such we are in a bind. Making this about emerging economies is just a bad option, or we lessen EVERYONE’S access to oil and the the emerging countries get their 100% and the largest economies get that limit decrease as well. I wonder how long it will take for everyone to ‘diminish’ the emerging economies. You see Steven Guilbeault blasted his statement to ‘merely’ include China and Saudi Arabia. In 2021 the United States used 20.4% of the petroleum-consuming countries it was number one with 5% more then number 2 (China), as such why didn’t Steven Guilbeault mention America? Oh, and Saudi Arabia isn’t even in that top 5. India (4.8%), Russia (3.8%) and Japan (3.5%) had those positions. As such it makes kinda sense to hand the spade to China, but not before America gets the spade as well. They both Amount to 36.1% of the petroleum-consuming countries. As such, when you consider these numbers. Is he anything more than a windy politician (like the ones from Chicago)?

It’s not all seemingly bad news. We are also given “According to one estimate, $2.4 trillion US in climate finance is needed by 2030 for investments to meet the Paris Agreement targets and related development goals.” Yes, that works with any nation with a gross federal debt surpassing $35,000,000,000,000. That really seemingly works and don’t blame President-elect Trump for that, Harris wouldn’t have been able to do that either. This is the result of sitting on your hands and too many presidents have done that going all the way back to President Clinton, which was 21 years ago. The easiest option is that we allow climate change to kill 27.8% of the population, making the decrease of 49,000 flights a day and 24.1% less oil used a manageable achievement. You see, the solution is very simple if you see the problem as simple as an arithmetic problem. Take away the people using oil and you get the same result. Oh, as a bonus consider that less food is required at that point. All simple solutions towards a conundrum that people aren’t willing to see as a real problem. Did I oversimplify the problem for you?

Have a lovely day and consider how much oil you used this week. 

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October 21, 2024 · 11:34

What is the real deal?

That is the question I have. I am not saying that I have ‘evidence’ but you can judge the information I will hand you now. Early yesterday morning I stumbled upon ‘Saudi Arabia ‘comfortable’ venue for talks to end Ukraine war: Vladimir Putin’ where we are given (at https://www.thehindu.com/news/international/saudi-arabia-comfortable-venue-for-talks-to-end-ukraine-war-vladimir-putin/article68773948.ece) “Saudi Arabia will be a ‘comfortable’ venue for talks to resolve the Ukrainian crisis, said Russian President Vladimir Putin on the sidelines of the BRICS summit on Saturday (October 19, 2024).” With the ‘supporting’ text ““I repeat once again: we are ready to return. We didn’t interrupt the negotiations. I want to remind you: it was the Ukrainian side that said that it would not continue negotiations with Russia. First. Second. A decree of the President of Ukraine has been issued prohibiting negotiations with us,” said President Putin accusing Ukraine of preventing a solution from emerging.” To be honest, I do not put much faith in the words of Vladimir Putin, as I see it, he is nothing more than a mass murderer of Women, children, aid workers and more. The bombing of the Ukraine might be one of the most disgusting acts against a people since long before the Crusades. An act that makes the acts of Genghis Khan sound like a simple sniffle. 

Then we get the Kyiv Independent (at https://kyivindependent.com/general-staff-russia-has-lost-672-850-troops-since-feb-24-2022/) handing us ‘General Staff: Russia has lost 672,850 troops since Feb. 24, 2022’, we knew that the Russians were losing a lot of people and we see this below

Apart from the 678,520 soldiers who went the way of the dodo, they also lost 26987 vehicles, 9047 tanks, 369 aircrafts, 329 helicopters, 17,050 drones and a submarine and a few other items. Beside this Russia seems to be toting North Korean hardware and troops. The once mighty Russia is now relying on North Korean troops and weapons. As I personally see it Russia is on the threshold of defeat. The once mighty country that had the west shaking in its boots is now relying on a nation Russia once looked down on is sending troops and hardware. Yes, President Putin is looking for a comfortable place to talk about any solution that sees Russia in an alternative route towards non-defeat. The latter part is not really an option, but he might want to keep the hope up. I personally see that there is another side. China sees the war as a hindrance and they like Saudi Arabia as a winner in any political solution at present. But that is merely my view on the matter. 

Russia needs a scapegoat in all matters and as President Putin made sure all his adversaries have  committed suicide out of windows. He is now left massively out of options and the Saudi setting is now his (presumably) only way out. At this point he might get away with a working military in about a decade as it will take time to replenish 9000 tanks, 369 aircrafts, 329 helicopters and a submarine, preferably in a 21st century setting. As such the Russian steel mills will need to be repurposed and it can afford nothing more until at least 2030. And that is all presuming that Russia wants a working solution at this point, it will cost them dearly as well as the Russian ‘blemish’ that they lost to a global army in 20th position, that is the defeat and larger political loss they face. With the setting in Saudi Arabia he could possibly avert an expulsion from BRICS. At present China and India are considering the gains they make on the global stage if Russia becomes isolated. China gains defence contracts all over the world, India will get several boons all over the commercial field and that is the premise that Russia is now looking at. 

As such the Saudi premise works for Russia, but only if they play nice. Any act that is seen negatively by the Ukraine will be taken harshly and if the Ukraine walks out of these talks Russia’s goose will be cooked, peppered and marinated. As such I have the question. What is the real deal here? I have faith that Saudi Arabia sees this as an opportunity, as does China. But in this instance it depends on what game President Putin will be playing. Not only does he know that he is with his back to the wall, will he embrace the small options of a massively greater loss is heading his way? I cannot tell, because that requires an insight of a mass murdering mind I do not have.

Have a great day wherever you are.

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October 6, 2024 · 20:05

Is it merely political?

That was the thought I had. It came from Politico, as such I would believe that it was political. Yet the larger premise is on the setting of circumstance. This sounds weirdly spooky, but it is the best I can offer. The story (at https://www.politico.eu/article/vladimir-putin-war-economy-pain-saudi-arabia-sink-global-oil-prices-energy-russia-opec/) starts with ‘Putin’s war economy faces pain if Saudis sink global oil prices’ which is a partial truth, but it goes further then that. We are given “A Saudi move to grab market share will squeeze the Kremlin’s finances, experts argue” which is only a partial truth. The entire part is followed by “Riyadh is increasingly frustrated with other petrostates’ failure to coordinate on cutting supply to raise oil prices to about $100 per barrel — up from the current $70. Oil traders say Saudi Arabia is now set to respond by flexing its muscles and turning the tables on smaller producers, exporting more oil itself to grab market share and profits, even as prices fall.” We are also given “The Financial Times reported last week that Saudi Arabia could abandon its long-held ambitions to limit the crude supply to push prices to around $100 a barrel. Oil market experts have little doubt that Saudi Arabia has the enormous production and export capacity to change tactics and gun for market domination through volume instead.” In this view I need to align a few positions. What is missing is that America (the United Kingdom also) are depending in keeping oil cheap. So that is missing. Hanging it on the Russian needs is a bit dorky. Yes, they both matter, but the US an EU need for cheap oil missing as a pre-made need, is just dorky (I can’t find a better word for this). You see when there is a lack of a commodity prices go up and now this fails? The world requires (at present) that 2.4 million barrels per day pumped more than now and that is not done. I actually speculated this a year ago when I stated that we can pump 4 barrels at $3, or 3 barrels at $4. The amount gained is still the same but at 25% less oil. It is a simple equation (and an incorrect version) but the the premise remains. I went through to the next stage that Saudi Arabia could pump 2 barrels as the price goes up to $6, still the same revenue but now at half the oil delivered. This is how commerce works on commodities. I still doubt the statement that the $100 per barrel cannot be reached, I merely believe that certain stakeholders want the premise to keep their pockets lined. How? I cannot tell, I am not an oil person, I merely use it through various means. So what gives? 

When we get to ““The global economy is fairly sluggish and oil demand is not as high as the Saudis would want,” said Ajay Parmar, director of oil markets analytics at commodities intelligence firm ICIS.” I have issues here. You see, this means that the Russia delivers all oil. There is not a lack of demand, some people are playing a high end game to keep their pockets lined. If I had it my way (pretend that I am the new CEO of Aramco, a very fake one) I would stop 5.5 million barrels a day from reaching the US, EU and UK, in the combination 3,2 and .5 it would take less than 90 days for it all to implode. As Tesla is more and more lacking is quality, the other nations will need 2-3 years to overcome their downfall and in that time China is the new superpower with America stumbling over the edge of the abyss. That is clear in my (optionally wrong) point of view. The setting that Politico gives is too partial and slightly too flawed. 

Yes Russia has a problem and they are welcome to the problems they get to harvest now. A second problem is “Russia’s fossil fuel profits have also risen by 41 percent in the first half of this year alone, according to Moscow’s finance ministry, despite Western sanctions imposed over the war in Ukraine.” I don’t doubt these numbers, but who paid for that oil? I doubt is was merely China, North Korea and India. Although these countries were involved. I saw last year that India was buying some of the oil, China is a definite and I guess that North Korea had to pay for their weapons and it seems like a logical choice for them to accept oil as payment. So who more? 

Politico should have stated “Russia’s fossil fuel profits have also risen by 41 percent (from 1M barrels to 1.41M barrels)” but they didn’t if Russia only sold 50,000 barrels it will not be an issue, but that is not the case, is it?

Now if you doubt my reasoning. That is fine. But we have seen plenty of issues where prices go up the moment that commodities has a higher demand. Yet the article does not give us that does it? And who is Ajay Parmar? This article leaves me with plenty of questions and no answers. So in all this, Is Russia in actual trouble? To some degree, but I see this as an alternative way for Saudi Arabia to give in to the west requiring cheap oil. I personally believe that Politico missed their mark and as such loses credibility as such. The one part that I do see is “A loophole allows middlemen in countries like Turkey, China and India to refine Russian oil in petrol and diesel before selling it elsewhere — exempt from sanctions. According to a report first seen by POLITICO, Western countries spent $2 billion on this rebranded fuel in the first half of 2024” As such that should be the story and the story is that more and more nations are fuelling Russian revenue through refining Russian oil and filling their pockets. As such there is a momentum being built, one that is not addressed and one that is trivialised as such I expect that plenty of newspapers will fuel their revenue by posting this story. The 41% is now shown to be big business, especially when we see Turkey and India and how they are short on cash pretty much all of the time.

So we are seeing a larger stage. In the first on where is Russian oil going to and in the second what countries are fuelling their demands for cheap oil? A nice spreadsheet would have been nice, but that was a part that Politico oversaw (I guess).

Still as we see one part, we also see the part that some want us to see, appointed awareness. A combination of social awareness and the influence of appointing. A formal arrangement to create a designed social awareness. The ability to understand a situation as the offical parties would like others to see them. But as I see it, this will be at the expense of the Kingdom of Saudi Arabia. Is that fair all whilst Russia is handed loophole after loophole, as long as the west gets its oil cheap. How is this not exploitation? 

Consider what is being done and at what expense? The question is simple enough. 

Enjoy the Sunday you have left to you.

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July 3, 2024 · 06:08

Setting the greater stage

An interesting article passed me by last night. It was Arab News (at https://www.arabnews.com/node/2541361) giving us ‘Arabic Language Month in India organized by Saudi Arabia’. We are given “The King Salman Global Academy for Arabic Language has launched Arabic Language Month in India, reported Saudi Press Agency. The program will run in New Delhi and Kerala until July 26”. It is a clever setting and it is a new take and a larger take on increasing the stage they face. Saudi Arabia needs workers and it needs to increase their cultural footprint. This is an interesting way to do this. The language stage allows for Saudi Arabia to show what they have to offer whilst at the same time increasing knowledge of the Arabic language. In those places they could also start filtering if a person would suit living and working in Saudi Arabia. It comes with the added setting of “Additionally, it will highlight Saudi Arabia’s efforts in this field in line with the objectives of the Human Capability Development Program, one of the Saudi Vision 2030 realization programs”. Even if you do not agree, this is a Saudi initiative “the directives of Prince Badr bin Abdullah bin Farhan, the Saudi minister of culture, to further the Arabic language locally and globally” the additional part comes that Saudi Arabia has thousands of jobs in 10 sectors. With that and the stage where Saudi Arabia is one of the highest paying employers in the region, we see an option for hundreds of Indians. Should this work out the way I think it could work out (for Saudi Arabia that is), places like Aramco and several places in hospitality and Tourism would enjoy an increasing workforce for some time to come. For the students there is the option to gain linguistic skills so that they start their new position with increased levels of knowledge. All plus sides. There is also the upsides for teachers towards globalisation. 

Wednesday is upon me (06:00), so I am about to enjoy the day with a helping of breakfast. Enjoy yours.

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