Tag Archives: Italy

Points that are proven

I made several accusations yesterday and today I find a few of them proven. The first part is expected in a setting that is giving us an additional 28,000 cases in 24 hours (globally). I also made statements and denials, and for now I stand by them, Even as we today see that the mortality rate is going up to 4% (it went from 3.4%, 3.6% and 3.8% yesterday).

The map shows the exploding number of cases and it does not explain how two people in Mongolia and Mayotte suddenly got exposed, the track does not make sense. There are questions, and clearly that the medical field people should not get blamed, but the fact is that they do not have answers, which is not their fault.

The governments behind it all are shouting and pointing but they are (as I personally see it) pointing away from the problem. There is a speculation within me and it is not a proven one. Even as the people were infectious BEFORE they got symptoms (which is proven) there is a larger feeling that those who got over the disease are still carriers infecting others (the unproven part), that part alone might explain to some degree the explosion of cases in Italy and a few other places all over the EU.

The stage is a setting that might to some degree (not all of it) explain the explosion of cases in Italy, Spain, Germany, France and the USA. If that part is true then places like Canada, Argentina and Mexico are in for a much harder time then they ever considered. And there is another part in all this. 

As the mortality rate in San Marino (almost 10%) and Belgium (0.8%), the numbers are too far apart. We need to consider that the disease is acting in another way too. The ‘excuse’ of underlying health conditions is too convenient an excuse (personal view on the matter). 

I am not pointing at the cause, I do not know and I want to avoid giving out false information, but any disease is at a stage where it optionally kills a group and the larger the population, the more accurate that number will be. This is not speculation, this has been fact for the longest time, as such we need to look at the Chinese mortality rate, which is 3.98% at present. From that point of view the people in Belgium have a lot of bad news to look forward to, in that same context Italy also has a stage that is at present unvisited. With a 11.19% mortality rate, the numbers seem skewed, even as Italy has less than half the amount of cases that China has, the difference is almost astounding and there is no factual explanation to that. We can think that China was on top of it, but they were not, their reaction was slow (with acceptable cause) and still Italy ends up with twice the amount of mortality cases in percentage, which fuels my underlying thoughts that there is more to the cases than meets the eye, in that setting it does not matter how infectious the 2,941 cases remained, the percentages tell a different story and the people who are fueled by fear will keep on buying and hoarding long term food sources in all other places. In all this the foremost thought will be how over 24 hours 28,000 people got the disease, something is not working and I tried to tell some of the somewhat abusive responders yesterday, in that light it is (to me) apparently clear that there is no containment, not to the degree that there should be. Even as Europe went into lockdown mode, we now see well over 10,000 new cases in 24 hours. We see the news giving us how famous people are in the glare of catching the disease, we see how sources use President Trump as a punching bag, and it goes on, yet there were two information givers that did hand out the news we actually needed. The first is Science Daily (at https://www.sciencedaily.com/releases/2020/03/200317150116.htm), they gave us “New research finds that the virus that causes coronavirus disease 2019 (COVID-19) is stable for several hours to days in aerosols and on surfaces. Scientists found that severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) was detectable in aerosols for up to three hours, up to four hours on copper, up to 24 hours on cardboard and up to two to three days on plastic and stainless steel“, so why is this news from the National Institute of Allergy and Infectious Diseases not globally released by the media? How many cardboard boxes did you handle, how many stainless steel or plastic on public transport did you touch in the last day as the people around you were coughing and sneezing? Are you still off the mind that this is a standard flu? How many viruses can set themselves in that environment?

It becomes even more apprehendable when we see “The study information was widely shared during the past two weeks after the researchers placed the contents on a preprint server to quickly share their data with colleagues” all whilst the media is to a larger extent not informing you, it makes no sense, on the other hand, every dead person implies a cheaper house and a better paying job for me, so let the media continue (if it kills me I will not worry about the other two elements).

There is also the Washington Post who gives us ‘Coronavirus looks different in kids than in adults‘ (at https://www.washingtonpost.com/health/2020/03/17/coronavirus-looks-different-kids-than-adults/). As such we see the quote “A paper released this week in the journal Pediatrics, based on 2,143 young people in China, provides the most extensive evidence on the spread of the virus in children, and there is bad news and good news. The study provides confirmation that coronavirus infections are in fact generally less severe in kids, with more than 90 percent having mild to moderate disease or even being asymptomatic. But it contains worrisome information about one subset — infants — and suggests that children may be a critical factor in the disease’s rapid spread.” In this we see the first optional clue on the issue on how the disease has a skewness, even as the kids will recover, they are implied to be a spreader of the disease as well, and I still believe that those cured are still spreaders as well, it does give a much larger rise to the numbers, but not completely, the kids and surfaces as a factor might cover and even overlap the numbers we see, yet the media keeps us little or not informed on the matter (with a small amount of exceptions).

As such we need to consider that bosses are panicking all over the world, as we see that the number of cases will surpass 400,000 cases by the end of this month, some can rejoice on the optionally given fact that 16,000 jobs become optionally vacant all over the world and as the jobs are in tech and high tech, we will see them jump for staff members. I actually got an invite yesterday with “We can discuss which employers are hiring during the Coronavirus outbreak“, there is always a dollar to be made by someone. Is there anyone in denial out there?

In all this the proven points are still outranked by the things we do not know and we cannot blame anyone for that, as the disease is out there, it seems to be largely driven by unknown factors and as each test and trial takes time, we will be in unknown surroundings for some time to come, the only thing we can do is not to give in to our fears, especially as fear drives useless acts. The fact that a supermarket giant like Woolworths (Coles too) gives us “Woolworths will no longer provide refunds for toilet paper, tissues and paper towels if customers simply change their minds” is grounds for a much larger stage and as the people now slowly realise that they set their budget to spend 40% on these items as well as rice and pasta, we will see the need for cookbooks on pasta and rice menus as that self-austerity driven diet gets to be tedious after day 5, some people have close to a month of pasta and rice in the house, so there. 

Even now, we see the reaction regarding ‘outbreak reaches every US state‘, all whilst we are forgetting that the US is one US, the spread through other means is driving it across state borders, in this we also get ‘Australia says measures could last six months‘, yet which measures? All of them, the ones that work, the ones that are based on fear? So whilst Steven Mnuchin decided to speak (7 minutes ago), we see “U.S. Treasury Secretary Steven Mnuchin warned Republican senators on Tuesday that failure to act on a proposed coronavirus rescue package could lead to U.S. unemployment as high as 20% and lasting economic damage” in this my point of view is ‘Really?‘, non actions will propogate the disease, more deaths, less unemployed and housing prices down, is that a bad thing? It is possible that Steven forgot that there is a difference between unemployed, UN employed and dead. 

I merely wonder, but that is not for me to say, is it?

 

Leave a comment

Filed under Media, Politics, Science

Just Saying “Haachoo”

We all get it, there is an overreaction at present, the overreaction (for the most) is people buying too much of whatever they do not need. So Saturday I saw a person getting back to the supermarket who wanted to return some of the toilet paper he had bought, I wonder if second hand toilet paper sells. He didn’t go to see if he can offload some of the toilet paper to his neighbours and break even that way. I did because 36 rolls is all they sold and 12 should keep me in shitty paper for at least a month, keeping more than that is a little excessive. My neighbours did not mind, they both paid their $5 and as such I broke a little better then even, I made $1 and created two happy neighbours. In my  case, 36 rolls was the only option. Yet as we see the supermarkets, we see empty shelves of toilet paper, tissues, pasta and a few more items. It is panic buying in a Coronaviral atmosphere, even as Coronabeer is not sold beyond the normal amounts it does.

Why is it overreaching?

I get it, we want assurances, yet consider the numbers. Around 170,000 people got it at present. Until last week, 93% of ALL cases were in China, Italy, Iran and South Korea. As such over 3 billion people got overly angst in regards to an optional infecting 1,000 people, that was then. Now we see that Spain (7,845), Germany (5,813) and racing to the top 6 positions France with 5,423 cases. We get it, it is the flu and this one is growing fast, but in the end, France is looking at a 2.3% mortality rate, which is still better than the 3.6% that is the global number. Italy with a whopping 24,747 cases see a rising 7.3% death rate. 

Now, I get it, it is scary, yet here in Australia, the mortality rate is set to 1.67%, a lot lover and now we see the stage where fear is more likely than not killing us before the flu will.

Yet the numbers show something else too, the numbers do not add up in all this. How did that one person in Suriname get infected? The one in Mauritania, Mongolia, or Gabon? There was one case in Gibraltar, but that person is now cured. We are all pointing at China, but the setting does not add up. There is even a case on St. Barths. How is this flu spreading, because all the information does not add up. It did for a while and now we see a pandemic and it is growing and growing in numbers on a stage that is not properly identified, as such the pandemic will only get worse.

For me I see one flaw, in all this there is no mention of Yemen, or Syria. I agree with anyone who states that they have enough problems, but this flu is larger than we think and these people need a lot, they do not need the Coronavirus to help a hand in killing them, yet that is also the larger issue. Two nations where the immune system is close to destroyed to bad water, no food and other means, the flu has a free reign in those places and even as the Middle East Eye gives us ‘Syria insists it is coronavirus-free‘, I believe that this is not the case and through there (and Yemen) it will spread further still. Beyond that, as we look at the numbers, the spread of the disease is largely uncontained as there are too many unknowns and as such when there is no containment, others will get infected, how? We cannot be certain.

It becomes a lot less certain when we consider the quote “Pakistani health officials said on Tuesday that at least five of their country’s cases originated from patients travelling to Pakistan from Syria via Qatar” as such, what else is being spread? And to what extent is Pakistan involved in the Syrian escalation? Because the last time I checked, refugees cannot afford a trip via Qatar, making Qatar also a larger target in other ways.

There is also the stage of consideration around “It was not immediately clear whether the infections could have originated in Qatar, where cases have risen to 337” (401 as per yesterday), even if that is a larger rise in the Middle East where, as per yesterday, Saudi Arabia had 118 cases, Oman had 22 cases, and Bahrain had 214 cases, the stage is larger than we realise because in a setting of non clarity containment cannot be reached. In all this, humanitarian help in Syria and Yemen could be spreading it faster, they have a better immune system and as such until they get noticeably sick they might be spreading the disease to dozens upon dozens more. and whomever they give it to, those infected will hit the mortality rate hard, they are malnourished, have underlying health issues, they tend to be dehydrated and have no way of keeping clean. It is a much larger stage that we cannot predict and it will hit every one of us in one way or another.

In all this, the mortality rate went from 3.4%, to 3.6% (last week) and is now set to 3.8%, as what stage will governments take the lead and have actual solutions in place? The fact that containment is not reached implies that whatever solution they think of is merely a non solving patch on a hole that hides a few other holes that are not patched at all. 

Am I exaggerating? 

Consider that last week 4 nations had 93% of all the cases, that has now dwindled down to 75.1%, the numbers and nations with cases are growing and we see no actual answers and no factual solutions other than post event considerations, giving a much larger rise to hysteria. and in all this the mortality rate does not add up. Globally it might be 3.8%, yet in Sweden it is 0.28%, in the US it is 1.83% and Italy wins with 7.3%, which is a lot higher than China with 3.9%, the numbers do not add up and the media is not informing a hysteria driven population, all whilst the guardian gives us ‘UK coronavirus crisis ‘to last until spring 2021 and could see 7.9m hospitalised‘, in this I wonder how spring 2021 is tested? There is enough doubt on the lack of containment, as such we have much larger fish to fry than ‘A Complete List of Trump’s Attempts to Play Down Coronavirus‘ (source: NY Times).

The setting in any war and believe me, this is a war against the flu, we need to set the stage of containment, as this is not achieved we see that the flu will win in the end. Personally I am not fuzzed, I will be either dead or better employed, either way is a win for me, yet for the US government, the flu is not about the sick (at https://www.nytimes.com/2020/03/12/business/economy/coronavirus-response-wall-street.html), it is seemingly about the volatility of Wall Street. And as we are being fed “The Federal Reserve, in a drastic attempt to ensure Wall Street remained functional as volatility roiled even normally staid bond markets, said it would promptly inject as much as $1.5 trillion in loans into the banking system and broaden its purchases of Treasury securities. But neither the Fed’s actions, nor a plan by the European Central Bank to offer cheap loans to banks and step up its bond-buying campaign, were enough to assuage investors, who sent the S&P 500 down 9.5 percent“, we need to consider that there is a mechanism to keep wall street afloat, even when the sick are being denied that. The lack of containment pretty much guarantees it.

And as we are being given (in this case by the Financial Times) “Spain has followed Italy’s lead in imposing a shutdown on its entire population to fight the coronavirus, while France is closing all non-essential shops and restaurants” in this we forget about one small little event. If there is no containment, how does it help and for the matter of imposing self isolation for two weeks, will that actually solve it? Consider that the people were infecting others BEFORE the disease struck them, is the idea that they are still contagious after they feel better two weeks later that strange? Consider that on  December 4th 1872 a ship was found its crew missing, we used that event (Mary Celeste) in several weird occurances, yet the idea that a cured population becomes a Mary Celeste, is that so far fetched? In this Live Science dot com (at https://www.livescience.com/can-coronavirus-be-cured.html) gives us “Currently, however, there is no cure for this coronavirus, and treatments are based on the kind of care given for influenza (seasonal flu) and other severe respiratory illnesses, known as “supportive care,” according to the Centers for Disease Control and Prevention (CDC)“, and as we accept the numbers giving us that 77,450 have recovered, can we be sure that they are not still spreading the flu? I am not telling you, I am asking, because I do not know and it seems that there are plenty of medical specialists in the dark. The quotes we can consider in the article give a larger rise to it and as such the over acting governments are merely showing that they are at best partially limiting the events of spread of the virus implying that the virus could last a lot longer.

There are too many unknowns and the fact that the numbers show that there is no actual containment, are my thoughts out of bounds? It is in that path that I see the actions of the WHO (at https://www.theguardian.com/world/2020/mar/13/european-countries-take-radical-steps-to-combat-coronavirus), slightly out of bounds. I agree with the language, but it cannot be connected to actions, actions require us to acknowledge that we know how to contain this and the numbers show a different story, containment is not reached and as far as I can tell, it was never merely a Chinese issue. It might have grown there faster and more radical, but the rest of the world got infected in other ways, and the medical world is staring in one direction all whilst they have no clue on the powers and the spreadability of the Covid-19 virus. It became a pandemic too quickly and we are now getting the smallest confirmation that the movie by Steven Soderbergh called Contagion (2011) was optimistic, it seems that we have to learn that part the hard way. In those days Manohla Gargis of the New York Times gave us :”“Contagion,” Steven Soderbergh’s smart, spooky thriller about contemporary plagues, is a paranoid freakout for the antigovernment, Tea Party age“, I merely wonder how she will react when Covid-19 comes knocking on her front door.

To support it we get Warner Brothers giving us: “the film ranked 270th in views in the company’s catalog at the end of 2019, when the existence of COVID-19 was not yet public knowledge. Now, it’s the second most-watched movie, bested only by the Harry Potter films“, it seems that the people are being made aware of what was out there and the fact that it is becoming reality will fuel more than a few wandering minds. We might all see this as providence, but it isn’t (at present), apart from the mortality rate not being on par, we have another consideration. It is the fact that there are cases in Mauritania, Mayotte, Mongolia, Suriname, Eswatini, St. Vincent Grenadines, Honduras and the Channel Islands, all with less than 5 cases, yet how did THEY get it? Containment is almost non existent and that is a larger need, when we walk the street we see 50-150 people, and there is every chance that up to 10 have Covid-19, up to ten in every street, that is the reality we face, not now, but in a weeks time? Who knows?

In a setting of non containment, the flu gets free reign, we have known that for decades, and often in the workplace.

 

Leave a comment

Filed under Finance, Media, Politics, Science

Mere numbers

Yes we all have mere numbers, and it is nice that some are advocating the lack of numeric connections on the news. Consider that we are being confronted with a disease with an optional  death rate of 3.4%, however the news is being brought like that is not the death rate, it is the survival rate. From ‘Murder inquiries could be hit if coronavirus reduces police numbers‘, to ‘WHO says coronavirus death rate is 3.4% globally, higher than previously thought‘, in all this we see a massive level of overreaction by all (including media), why? Lets face it, it is a flu and 3.4% in fatalities is still lower then your chances to cross the road whilst the crossing light is red in Manhattan, Regent street London or Parramatta road in Sydney. The overreaction I see is just staggering, even now we see ‘Wall Street slides after Federal Reserve makes emergency US rate cut‘, all as we see the numbers that give us “Coronavirus Cases: 92,880 Deaths: 3,168” and this is all before you realise the slight side factor “Recovered: 48,589“, so as the amount of people are restoring it and as we see a level of fear mongering whilst the amount of people not alive is a mere 3.4%, in addition, as we see the small realisation that in a group of thirty including me, i would feel that I was the one not making it, that is until I realise that one of the other thirty is Rupert Murdoch, which would make him the unlucky fellow, age is apparently a factor, the young have a much better chance, so there you have it, playing Russian roulette with thirty others and one gun, making it one out of the thirty not making it, and when you realise that a pistol has 6 options, we see the overreaction. Age is a factor, making it a setting where the bulk of the people will end up having to pay their taxes. I did have fun last week, as i was in a train I stated on my mobile (with no one at the other end) “I’ve had the sniffles ever since I came back from China“, within a few minutes I was alone in that carriage, that will teach people lo listen to other people’s phone calls. Over reaction can work for you, I learned that a long time ago and I do have a flaky sense of humour to boot (every now and then I should just kick myself).

Even in the UK with now 51 cases, the UK still has no fatalities, we get it, it is a disease with an optional not happy ending, but we need to realise that so far the death toll is a mere 3.4%, some nations have a larger death population by drinking water. When you consider “Contaminated drinking water is estimated to cause 485 000 diarrhoeal deaths each year” and you consider that this flu virus has only taken the lives of 3,168 people, the overreaction by others is just a little too much. So as we are treated to adjustment in interest levels and we see US rate cuts all whilst the death toll in the US is so far 9 people, we see a massive overreaction, and it is time to call the media and governments to attention. In the US Heart disease will kill 165,000 people, cancer 152,000, no one cares, yet this flu that has killed 9 shows an overreaction that is uncanny, it is lower than diabetes, yet we overreact, all whilst sugar intake is off the charts.

Caution and the wind

We all need to take caution, I am not stating that this is the case, but the overaction seen all over the media is just stupid, a disease milked for circulation through the use of implied danger, not shown danger. The best headline is seen with ‘Corona Causes Stupidity To Go Viral‘ (at https://townhall.com/columnists/derekhunter/2020/03/01/corona-causes-stupidity-to-go-viral-n2562371), here we see “the United States has excellent care everywhere. While there is no “cure” for a virus, we have the ability to treat the symptoms more readily available than any other country in the world. And we also care to administer that care. Most of the rest of the world: not so much” for the most, the issue is spot on, even as we now see that the US has 9 fatalities, the media is all to happy about keeping people in the dark on the 3.4% fatality rate (at best), 

Still, we should not throw caution in the wind, yet between that status and the mediated one where we see “80pc of Scots could get disease“, all whilst no national numbers in any country show any numbers that could give rise to such a blatant form of miscommunication. I think that the danger of Scots becoming British nationalists is a lot higher, if you catch my drift.

Even if we for whatever reason ‘hide’ behind the numbers, we all take a position, the media as mostly fear mongering, the governments in easing whatever economic pressures there are and even me, as to the overreaction of so many others. A disease with a death rate of 3.4% gives a different optimistic side, my survival rate on most cardiac options I could get hit with is a lot lower than 96.6%, so I have a better chance to live longer if I get the Coronavirus, how sic is that?

China, South Korea, Italy and iran, all  have thousands of actual cases and there we see that ONLY China and Italy have a percentage of non-living that is at the 3.4%, South Korea has a fatality rate that is less than 1%, so 99% survives there, 32 deaths in 5,328 cases, as such Australia with one kill out of 39 is not in any danger of being an issue, especially as 21 cases have made a full recovery. Yet the media does not give us that part, does it? And when we see how it hits the places where poverty is a danger, is that because there are no cases in Monte Carlo? (fingers crossed), or perhaps it is because Saudi Arabia currently only has one case? 

No matter how we slice it, we need to sit down and take a sober look at the numbers, in the first it already is a pandemic, in the second we see the cold numbers give us that 96.6% will merely get sick and recover without dying of the disease. There were 4 flu viruses in the past, the avian version (1957) killed around 2 million, the manana virus (Spanish flu) killed 50,000,000. the other two killed a million each, this Coronavirus does not add up to anything serious, the numbers prove me right. There is a massive overreaction, especially when you consider serious diseases like Ebola, or HIV. Their death rates are indeed serious, this Corona event does not add up to much at all and it is time that we take that into consideration.

By the way what was the rate cut by the federal reserve when HIV became an issue? It seems to me that this is an event that the media, especially the financial writers seem to have forgotten (read: ignored). So whilst the media is giving us ‘Washington state residents frustrated over obstacles to get coronavirus tests‘, or even ‘WHO warns of protective gear shortage as global recession fears mount‘, in a case where we see proven that 96.6% will not endure any fatalities, the overreaction is clearly seen, yet the lack of governments making sure that all people realise that there is too much overreaction in the midst of a generic flu season is a little staggering. All whilst the headlines are spiked with phrases like “its battle against the deadly virus“, I personally believe that the fatality rate needs to be a lot larger than 3.4% before we have a viral publication of “the deadly virus“, at least that is my take on it, call me crazy, but a situation where a virus optionally kills 3,200 all whilst traffic kills 1,250,000 people annually is a stretch, especially when you realise that the virus could have been a mere complicating factor in several deaths, the elderly die for all kinds of non-natural causes, the virus is a given complication here, but there will be some debate whether the complications, or the virus was the killer remained to be seen and the elderly will get hit harder, no doubt about that.

When we consider the mere numbers, the ado about Corona becomes much about nothing, even if it does kill, 3,200 deaths does not amount to anything when we compare it to the lack of life through survival in Syria (Idlib, Aleppo) or all over Yemen, did you consider that?

 

 

Leave a comment

Filed under Media, Politics, Science

The second lap

We always seem to have a problem with the second lap, the first lap is OK, it is new, we just started, it is the second lap that is the problem, it is that stage where you are tired from the previous lap and the second wind has not started, mainly because the second lap is not the moment where the body adjusts for prolonged exercise.

That is how some see the EU at present (mainly the Observer). The setting of ‘the EU’s weakness on the world stage‘ is however no laughing matter. As we are introduced to “Ursula von der Leyen believes Europe should take a leading “geopolitical” role in international affairs, reflecting the EU’s status as the world’s largest trade bloc. But turning words into deeds is proving problematic“, and it is “We must use our diplomatic and economic strength to support global stability and prosperity… and be better able to export our values and standards” that is part of the problem, in the first, the EU is su up to the gills in debt through the idiotic scheme by Mario draghi that the EU has no economic strength. The IMF gives the EU in GDP growth 2.8% (2017), 2.2% (2018), 1.5% (2019), and 1.6% (2020). This seems like an improvement, yet 0.1% increase is not really an increase and when we consider that the devaluation of the currency gives the EU debt that is currently around € 10,593,000,000,000 a much larger issue to battle, at present only the German debt is decreasing slowly, but the debt in Spain, Italy, and France (all in the trillions) is still increasing, so where does the EU think it has economic strength? And all this whilst the Financial Times informed us yesterday on ‘Europe braces for new fiscal battles‘, here we see Paolo Gentiloni trying to shake things up (no idea why he was referring to shaking up). The issue is larger than anyone can see, because the stage of “widely disliked given their impenetrable and convoluted nature“, the game where you adjust the rules in the middle of the game with 27 players, the entire stage goes awry in this game where the option of “On the Italian social democrat’s reform wish list will be changes making the rules more symmetrical — allowing for countries to be pushed to boost their economies via fiscal policy in downturns, rather than just reining in deficits and debt” (at https://www.ft.com/content/a062fb2e-3b24-11ea-a01a-bae547046735), and it is the debt these never elected officials are trying to be in deny with. Yet there is also an upside in this (as I see it) if this play goes on, the German population will not tolerate the EU to continue. None will address their debt and Germany (as one of the big four) is the only one who got the debt below 72% of GDP, the rest is in a bismal state and whilst we get that the Italians (French and Spain also) are all about ‘new investments’ they are doing it on a maxed out credit card. And whilst we all see this, we also see “One idea is to give countries extra scope to borrow to fund green investment“, yet the basic issue is that this is yet another idea to IGNORE outstanding debts and the people will have to pay for that. So as we see “has already run up against opposition from conservative northern European states“, we see that the Italian factor (Genitoli) is hiding behind “the urgency of the green agenda could improve its chances“. So whilst we now see “Some will want to use any reform opportunity to loosen the regime. Others will wish to use the greater clarity to make the deficit rules even tighter“, we see a basic fight between the spenders and the none spenders and the non spenders have had enough of it all, it founded the Brexit and there are others who do not want to be caught with the consequences of another nation in a stage with their pants down, as such all the other players will have to grab their ankles (you get the idea). 

So while we go back to the Observer view (at https://www.theguardian.com/commentisfree/2020/jan/19/the-observer-view-on-the-eus-weakness-on-world-stage ) we might see “Trump’s illegal, and unilateral, action effectively blew up the most prized achievement of Borrell’s predecessors, Federica Mogherini and Cathy Ashton – the 2015 nuclear deal with Iran, which was already on life-support because of US sanctions“, it seems that the EU is in some kind of a delusional stage where they take the filtered media view on Iran. Iran had been in a proxy war with Saudi Arabia, it has repeatedly threatened the state of Israel and whilst we are given “the US then insisted that the EU3 (Britain, France and Germany) trigger the deal’s dispute mechanism“, whilst the violations by Iran on the Nuclear pact are completely ignored. All in a stage where the delusional parties are setting the stage where Joseph Borell is in a stage to ‘talk’ with IOran whilst Iran has been refusing to do so and littered transgression upon transgression and the EU remains in denial and seemingly gives the EU press the stage that they are not to report on it for all kinds of unknown reasons. And when we look at the media, they are all so against war that it scares them (which it does), I merely wonder if the US and the UK press would have written ‘The Wrong Track for Confronting Germany‘ in 1943, as we see the New York Times write up the Iranian stage 12 hours ago. In addition, Al Jazeera reported 5 hours ago ‘Iran’s new Quds leader vows ‘manly’ revenge for Soleimani killing‘, which is fine, but this escapes the entire stage as they already had their missile go, yet their ego is not satisfied, so as we are treated to ‘Iran warns of ‘repercussions’ for IAEA after European moves over nuclear deal‘, as well as ‘Iran says it still respects 2015 nuclear deal, rejects ‘unfounded’ EU claims‘ (yesterday, source: CNA), all whilst there are dozens of reports as well as public statements that Iran had transgressed on set limits, so exactly HOW they are ‘respecting’ the Nuclear deal? 

In all this the lack of strength in response from the EU has been frightening. And in regards to the responses, we see on the 20th of January “Mr Mousavi said: “Tehran still remains in the deal. The European powers’ claims about Iran violating the deal are unfounded“, all whilst the news on January 5th was ‘Iran will no longer abide by uranium enrichment limits under 2015 nuclear deal‘, as well as the fact that Iran on state television, on January 5th responded that they pulled out of the Nuclear deal agreement (at https://www.youtube.com/watch?v=RsQ-NBaOUMw), as such we can all speculate on what Mr Mousavi is smoking, but more importantly, in light of all this, the utter lack of diplomatic power by the EU, as such the EU statement “We must use our diplomatic and economic strength to support global stability and prosperity“, Ursula von der Leyen sounds nice, but she cannot deliver on any of that. The EU is in the second lap, out of energy from the first lap and their second wind is nowhere near kicking in. Iran might be the strongest example, but it is not the only one, the lack of action in Syria, the lack of action in Yemen and the opposing support against Saudi Arabia, whilst ignoring the actions of Iran in a proxy war, in a speculated stage of a nuclear pact that was not sustainable in any degree and several parties are in denial of all this whilst there is enough optional evidence that the creation of the amounts of enriched Uranium that is now at the core of it all could not be produced by the amount of centrifuges allowed, there are more factors to consider, yet the supporting evidence is at present too thin (a lack of exact numbers is in play too).

In the end, the EU is an organisation that is on its final steps of becoming irrelevant, the debt made them so and these so called elected officials never stepped in when they were supposed to step in as debt levels were pushed to excessive levels as even now, people like Paolo Gentiloni (not just him mind you) are trying to find ways of getting around the debt for spending purposes.

And the matter will get worse soon enough, as the EU nations are in shambles on the EU budget, especially as Brexit is nearing completion, the members are all in a desperate setting of non-union, as we see news like “a French minister has warned nations they will have to pay more“, which is slightly weird as this was always going to be the setting, I warned of that almost 3 years ago. The stage at present is that Germany (at present) pays 20.78% of that budget and France is up for 15.58%, those are the big two and they are looking at an additional 3%-4% after brexit, which now implies that the long term budget up to 2027 will get a massive slam into a wall, it is in that setting, where nations are now feeling the pinch are confronted with a Paolo Gentiloni who wants to spend more and as such all nations have to pay more. Even as the big three are confronted with the impact on their loans from that change, the smaller nations are still in shambles as they were eager to overspend in their first option and they too will have to pay more, so now we optionally get to see an EU gravy train where none of the members agree on anything, as such that expensive train will keep costs high and not produce results, merley delays. 

So when we look at the stage of the EU and the setting of Ursula von der leyen with her “We must use our diplomatic and economic strength to support global stability and prosperity“, all whilst there is no economic power left in the EU and its diplomatic strength (which is linked to their economic power) dwindles basically as fast as their economy does, I wonder what Ursula von der Leyen is looking at, because the outlook from this side is really grim for the EU.

The second lap is the killer for a runner, as the runner gets better he can run longer, yet the reality of crossing that startline the first time and realising that you have less energy whilst you are at the beginning is the realising factor, yet there is a difference, a runner tends to be realistic about where he is and where he is going, as I personally see it, the EU is seemingly a lot less focussed on the reality of the matter as I personally see it. You merely have to read enough media and focus on the quotes to see that part of the equation.

 

Leave a comment

Filed under Finance, Media, Military, Politics

Rise of the corporatocracy

Yes, there is a lot wrong in the UK, no one can deny this and an election does not tend to be the place to find out what is wrong, we all know that. The politician that kisses the baby on election week might be the one person who hates babies, it is almost a given, even as I illuminated the short sighted blunders of UK Labour, there is no doubt that all parties (i never investigated all of them) have shortcomings and they will all make carefully phrased promises that they can get out of the day after the election. It is not rocket science, they all entertain such paths and we basically live with it hoping that we over time make the right choice. I have always been a tory, yet I had no issues giving my congratulations to Chuka Umanna Yesterday on his LibDems standing which is pretty good. Yet for the most it is a better system that we have in Europe, so as I saw ‘‘Brutal, packed with untruths, uninspiring’: European press on UK election‘ an article (at https://www.theguardian.com/world/2019/dec/12/brutal-packed-with-untruths-uninsipring-european-press-on-uk-election) I saw more, more than the headline and I hope others see it too. 

France

France gave us the quote “Boris Johnson: the liar weakening Europe“, Interesting is it not? ‘the liar weakening Europe‘ is a very distinct setting, a setting that happened BEFORE Boris took his present position, a setting that was decided on by voters and ‘weakening Europe’? Yes that is the worry of the corporations. You see With the UK leaving the EU the debt issues will rise to the top of nearly every nation in Europe, the UK has a much larger role to play and it wanted out. The stupidity of Mario Draghi will continue for at least 2 decades and the media is not ready to unite and state that these procedures and choices were a mistake, not or years. And for the longest time the EU was in a play where delay upon delay could keep the UK in the EU and that is now at an end and France will feel the pain of this decision, all European nations barr Germany, but they will all feel the impact and they are all scared and with them all corporations with European interests, now that the smoke is settling the plays become clear.

Germany

Germany is setting sights on Brexit, they are hoping for a Labour win because Labour is all about remaining in the EU, even as it is voiced as “A Labour victory would be a blessing for the economy. Because in the case of a victory, Corbyn wants to negotiate a ‘soft’ Brexit deal with the EU … which should be better for the economy than Johnson’s comparatively hard Brexit” I foresee a soft brexit claim, then a 180 degree on the exit and then a remain setting.

Spain

Spanish voices for the most seem to take the UK in an age of Trumpism and that is fine, it is not entirely incorrect, here we see the quote “Rafael Ramos, the London correspondent for La Vanguardia, filed a report from Tony Blair’s former constituency, Sedgefield. There he found Labour’s once impregnable “red wall” looking vulnerable, ” I had a similar view on ‘The speculative numbers‘ (at https://lawlordtobe.com/2019/12/10/the-speculative-numbers/) three days ago. and at present the news is coming by that Boris Johnson will attain supremacy (not unexpected), yet also they give ‘Jeremy Corbyn’s election performance will be the worst by a Labour leader for more than 40 years. He will have done worse than‘, I made a similar prediction, although I never made any mention that it would be the worst in 40 years. 

However, the BBC forecast seems to think that it will be CON 368 – LAB 191 – SNP 55 – LD 13. They have much better predictive models, but I am at odds on the results for the LD, Chuka Umana might be the exemption, but I expected the LD to do much better, Yes I predicted a rough exodus of Labour members, yet I expected most of them to go towards an LD environment, not ending up in the CON field. People do not tend to go from Labour to Conservatives and visa versa, in this they would take an alternative and I expected the Greens to be the alternative choice in many cases, yet the numbers do not reflect that at present, and perhaps there will be an alternative reasoning, yet the view that I personally see is not the one that is shaping and of course, I need to ask questions of me and make alterations to me views after that fact. That is what happens, but I do not usually get it this wrong and even as the winner was never really in doubt, neither was the loser, but there is a midsection that (until the full picture) emerges over time and that one I saw change in a wrongful way, I admit that and now I have questions.

Russia

The Russian side is all about the collapse of the EU, they saw that coming and so did a few others, so the quote “Zhirinovsky was probably trolling, but the sentiment is real. Russia has largely welcomed the UK’s exit from the EU as proof that the European project is coming apart at the seams” is not that much of a surprise, we all saw the writing on the walls in Strasbourg

Italy

Here we see ““Socialism or Brexit? This is the Hamlet-like dilemma of the vote in the UK,” wrote Enrico Franceschini in La Repubblica on Thursday“, it is an important view, the Guardian is right, I never looked at it that way, but the danger of a two pronged solution and a polarisation of socialism versus reality is pretty much the core for the UK in the next 4-7 years. i voice it that way because the UK coffers are empty, there is a near immediate collapse of the NHS and the consequence is a struggle with socialistic views versus the reality that will bite everyone, there is no denying it and it will bite for at least 2-3 years, the fact that it will end the EU will also make for new truths to bare out, the EU is in a worse state and when that gets out the UK path will make sense and the EU will be in denial for a long time, its laws not ready to deal with Greece, with the debts of Italy and a few other things will surface, that reality will show the power of Brexit and corporations are afraid, their numbers and predictions will go straight out of the window, at that point the debts of the US and Japan will become very real. Their cushy jobs and fat paychecks end, it scares any board of directors based in the US, their life within the land of ‘milk and honey’ will become the sustenance of ‘water and bread’ that they pushed upon many others with the greatest of ease.

Netherlands

The Dutch view is echoes via the NRC, who has a flair for the dramatic, so when we see their quote ““poor on substance and rich in empty rhetoric” for an election that “could change the course of Brexit, and the country”” we see an actual truth, it is the reality TV of politics and it has been blazing for 12 weeks 24:7, I am not surprised to see this. I just now see the message (8 minutes ago) that Jo Swinson will lose her seat to the SNP representative, OK, it shows the growth for the SNP, yet I feel a little sad for Jo Swinson, she achieved a great deal for the LD in such a short time. We also see here that the LD will win 13 seats, that is more like it! I expected the LD to be a much larger winner, yet it could be a stepping stone for the LD for the next election, Labour is unlikely to fall into any line within the next three years, the could still remain the larger loser in the next elections, they only have Jeremy Corbyn to blame and he will get blamed, make no mistake on that. 

Scandinavia

They (the Guardian) and I might have left Scandinavia for last but they do bring an interesting point to the table. With “Sweden’s Svenska Dagbladet described a country hopelessly split, and in multiple directions, leaving many voters facing “an impossible choice. How is a Conservative who wants to stay in the EU supposed to vote? Or a social democrat who believes Jeremy Corbyn is a leftwing extremist?”“, it was a fair point to bring, as a conservative I had no issues, it would all result in a stronger win for the Tories, yet I expected that some of those views would be the stuff for the LD to hunt for and bring those people into the LD field, apparently not enough was done there. Basically they all agree that the views in the UK are polarised, yet none of them take a deeper look at why they are polarised. The Greek setting changed EVERYTHING, without it Nigel Farage would never have sought the limelight, the EU through indecision only had itself to thank for that, the irresponsible spending by Mario Draghi (€ 3 trillion) is a much larger setting and whilst the EU went into managed bad news forms, we see a much larger failing in the EU, Farage started something that the people accepted, the EU is a waste of too many resources and the corporations paid to fuel it all are now in a desperate setting to avoid what comes next. Or did you think that a gravy train fuels itself? 

The UK is in a stage where it is almost desperate to seek its voice whilst the choir of 27 other voices are drowning out national needs. And when the UK does move, you will see a changing picture overnight of EU nations with towering debts, when the UK is no longer part of that, the debt stage will change and it will impact everything, that is the part that others seem to ignore, debt was, debt has been, there is no debt tomorrow, that is the wrong thought, debt must be repaid and when the UK leaves the debt picture changes and some banks will seek early payment on several debts. that is the reality of what they face. 

All this whilst the votes are still being counted in the UK.

I expect the managed bad news cycles to continue in Europe for a few days, the UK will have to lick its wounds, the Tories are up 51 seats (a lot more than I predicted), Labour is down 71 seats (I expected less worse) yet the confounding truth is that LD did not do as well as I expected. The stage is changing even further, as the WP gave us ‘Trump caves again to corporate lobbying pressure as he flip-flops on flavored e-cigarettes‘ (at https://www.washingtonpost.com/news/powerpost/paloma/daily-202/2019/11/18/daily-202-trump-caves-again-to-corporate-lobbying-pressure-as-he-flip-flops-on-flavored-e-cigarettes/5dd2377d88e0fa10ffd20edd/), we see that corporations are stronger than ever, even as it is given in the age of Trump, ther power came from the last 3 administrations, those corporations are in the know in how much dangers they are as their votes are on consumerism and debt, debt they need to see continuing and that is now in danger, the UK elections is polarising that part of all this right now. And the part where we see this come to light was given to us almost two weeks ago when we were given ‘12 EU states reject move to expose companies’ tax avoidance‘ (at https://www.theguardian.com/business/2019/nov/28/12-eu-states-reject-move-to-expose-companies-tax-avoidance), the article mentioned Ireland, Luxembourg, Malta, Cyprus, Latvia, Slovenia, Estonia, Austria, Czech Republic, Hungary, Sweden and Croatia. And only mentioned Sweden’s express view “its government feared that the directive might water down their higher standards on transparency“, which entirely different from Ireland where we saw that the IFAC (Irish Fiscal Advisory Council) warning its government “the country’s economy has become so reliant on taxes paid by multinationals that half of all of corporate taxes paid in the nation come from just 10 global companies“, 10 companies setting the taste of 50% of all corporate taxation, so for those doubting the stage I had on Corporatocracy, consider the 12 countries blocking the view we would get and why. Although in this instance the 11 (taking out Sweden) is almost 50% of the entire EU, and corporations have a lot of power, also in the 15 not mentioned. Do you still think that the entire UK exit from the EU was a simple clear cut problem? I never claimed that, but I did make the claim that the UK is better out the EU than in and this election is the first step in completing that part, corporations be damned!

 

Leave a comment

Filed under Finance, Media, Politics

The tradesman and the deal

Yes, we all have moments where a deal didn’t sound great, but the way it was brought was essential when the deal was there ready to be signed, the deal was accepted, not because of the deal, but the tradesman involved had brought it in such a way that the deal sounded too great to pass up. We have seen several of these events in the past, it is the literal event where the numbers do not add up when the analyst brings the ‘good’ news, but the diplomat was able to swing it to the direct event where all were looking forward to the fringe benefits that this deal brought. That is how I saw the Nuclear Deal, and one day after April 1st, the JCPOA (Joint Comprehensive Plan of Action) was ready for signatures on April 2nd 2015. Now that the deal is up in smoke we look towards the people setting up the deal, but they are no longer there, there is merely the JCPOA and the Iranian party has decided to walk away from it, already in a stage where several parts have been transgressed upon, but diplomats state “be not afraid, we are on top of it, the injunction is minor” (in various publications in the last 3 months), meanwhile Iran has announced (or was that a promise or a threat) that they are about the increase tenfold the Uranium enrichment process. Ali Akbar Salehi, the head of Iran’s atomic energy organisation has made the statement that enrichment is now up to 5kg per day, up from 450g less than 60 days earlier, also , the Guardian (at https://www.theguardian.com/world/2019/nov/04/irans-production-of-enriched-uranium-rises-tenfold-in-two-months) gives us “It is not clear how the European Union will react to the latest step, but so far the EU has not put the whole nuclear agreement into review, which would be the first move towards its suspension and possible collapse“, the diplomats are not home, they are out and about on a golf course, on a sabbatical and on long term travels where they are not to be reached, no one wants to touch the toxic agreement, no one wants their nae connected to this, it is the deal that is bringing direct danger to the State of Israel and to the safety of the Kingdom of Saudi Arabia, so whilst Anna Ahronheim gives us in the Jerusalem Post ‘EU Parliament Members: Support Israel In Fight Against Hezbollah And Iran‘, we seemingly forget that the term ‘EU parliamentary‘ is transient and above all, the 8-person delegation (four MEPs and four European Parliament policy advisers) are close to a joke, 4 MEP doubled by policy advisors are out and about stating (well sort of) ‘We support you against Iran‘, you see 4 out of 751 MEP’s is not much, did they bring the combined voices of 442 coalition members? I do not think so! You see the EU needs to look important, so they keep their options open with Iran and the problem here is that the moment Iran acts with their enriched Uranium, the EU is less than likely to do anything, Iran has oil and the EU needs it, the chance of Iran acting out against Israel is a lot higher than Iran acting out against the Kingdom of Saudi Arabia and the chances of Israel being a first strike victim just went up tenfold. The same can be said for the article by Yonah Jeremy Bob, also in the Jerusalem Post, there we see ‘Iran-Us-Israel’s 40 Years Of Hostility With No End In Sight – Analysis‘, a definite truth, but here too it is all about hostilities. And the quote “One would think the US’s greatest hostility would be for a country that killed 58,000 of its soldiers and that Israel’s greatest hostility would be for a country that killed more than 2,500 of its soldiers in a single war“, but that is not where its at. And he danger is perfectly voiced in one paragraph: “Ironically, 40 years later, it is Iran that is the lasting threat against Israel as many of the moderate Sunni Arab countries are trying to find ways to live a stable coexistence with Israel, even if there is not yet formal peace with some of them” and that is where the danger lies. The two quotes ‘to find ways to live a stable coexistence with Israel‘, as well as ‘even if there is not yet formal peace‘ these two events are the heart of the matter, Iran is not interested in peace with Israel, Rouhani might be president, but he does not represent the Iranian Clergy or the Iranian military, they both merely allow Rouhani to be where he is and they both want to finish off Israel, and remove the power that KSA has, in that order, as such events are required and Iran is on track with it as Uranium enrichment is now allowed by the EU and the US is nowhere to be seen, merely in a stage where they think that more economic sanctions work, in an age where the half time of security is far below the half time of Uranium, and Iran has its targets set. And ever after the first strike on Israel there is EVERY CHANCE that the EU will not harshly react against Iran, they are knowingly selling Israel down the drain to ensure Middle Eastern Oil agreements with ALL OPEC nations, I wonder when the people will figure out that the EU is nothing more than a sheep’s rug that is not being used, it is merely there to give the large corporations the stick they need to deal with individual European nations, it is the result of becoming a corporatocracy.

The corporatocracy wants to find some level of solution, but then we are shown “Europe has made promises to find ways to circumvent the US sanctions“, it was the latest in folly’s, all doomed to fail, corporatocracy on one side, ego on the other, did you actually think that there will be a solution? Even as we see ‘French president Emmanuel Macron’s efforts to set up talks between Iran and the US to break the impasse‘ in the meanwhile the dangers are growing to dangerous levels, because of the Iranian acts, the Kingdom of Saudi Arabia has no options but to find an equal stick to work with and that is where the Russian and Chinese connections become important to the KSA, one of them has to hand over the technology and that will be the beginning of the end of the EU, because the most prevalent of all reasons are ignored, Israel might seem far away, but they are at the Mediterranean, and any explosion there will give particles all over that sea, optionally directly endangering Cyprus meaning that the radiation is already on European soil, in addition to that Turkey will see the impact and the SE of the Mediterranean will optionally become uninhabitable or fishable.

Yes, that is the direct impact we are looking at and the corporatocratic security that the EU relies on will now be a feigned form of apologies and when the Diplomats wake up it will be too late. That is the direct danger we face and at that point the people get to rely on denials from politicians who proclaim to be working for them. Good luck with that!

We can argue about the validity of the JCPOA and hat nuclear deal, but the direct show-able danger is that Iran has increased its nuclear actions by 1000%, whilst there are no power plants requiring this, do you need a road map to figure it out?

If politicians do not hand over a template of actions within the next 48 hours, to time will have come for citizens to act and ensure that some level of quality of life continues, and for those who are in doubt of it, consider looking at your map, at any map that includes the Mediterranean. Israel is in the SE corner, with radiation having no other course to go but west, the tides will change where that radiation ends up, it includes Greece, Crete, Italy, Spain and the most expensive parts of France (Marseille) as well as Monaco, It will take a while for radiation to move through the waters to those parts but once the radiation is in one part, there is no denying it, it will get to those parts as well. So how irradiated will you like your fish to be when you eat it? Perhaps you like your Paella to glow in the dark when you have dinner at 22:00 in Barcelona.

Feel free to think I am merely having a sense of humour, but that first explosion will be the instant that life in Southern Europe will end and the EU parliament is letting it happen, so what are their priorities? Where are their priorities?

As I personally see it the time to be nice to Iran is over, it has been for a while now and the idea to play ‘soft kitten’ games with someone who is rejoicing on their enrichment program to be 1000% of what it was 60 days ago is not the way to go.

 

2 Comments

Filed under Finance, Media, Military, Politics, Science

Mad(e) in Sweden

We have seen the news for weeks now on how one activist named Greta Thunberg, one activist who will be exactly 201 months old in 3 days is shaming politicians all over the world on environmental issues, and she is 100% correct. Even now as I see how she privately met with Canadian prime minister Justin Trudeau and how she is urging to do more for the environment, the media is eating it up and spewing how one girl is fighting the established order like David met Goliath, yet that is not what is in play is it?

When we see the tweeting sarcasms giving us ‘Make America Greta Again‘, we see what happens but we ignore the issues at hand; as does the media to the largest degree. In all the news articles I read there is one massive part missing, one part that is at the foundation of environmental failure, from Southern California to northern Canada, from the East of China to the West of Russia, they all accomplish the not mentioning of the one element that has been the foundation of this failure.

The non-politicians

We see that the noted climate change sceptics are all doing someone’s biding, yet we do not see who they are ‘fighting’ for. We have entered an age of Corporatocracy, they are the powers in the US, in Canada, and they seemingly have the largest sway in France, Germany, Italy and Spain. They have large footing in most monarchies and for the most they have a larger iron grip in Russia to the degree we never fathomed. Through Corporatocracy the growth of billionaires has never been stronger and they want their wealth and they need it to keep on growing. Over the last 8 years their combined wealth went from $2 trillion to $8 trillion whilst the amount of billionaires dipped a little, it is harder to enter that pool whilst those in that pond are growing fatter day by day, in that pool the premise of environment has no hope of survival and until these governments take back the power from these corporatocratics and give it back to the people and the established order there will be no change, it will only get worse.

The fact that the EU gravy train can continue almost completely unhindered is evidence still to a failing much larger that anyone fathoms and as these corporations are shareholders, stake holders and advertisers, the media will only respond to actions that the controlling corporatocratics find acceptable. That is the failing in this entire matter and the fact that the media is ‘catering’ to her is only a viewpoint towards populist stages that are under control of the corporations, it will instil them to make ‘environmental’ donations, but only as long as it can be wielded as a form of advertisement and exploitation down the road. For them it is a double whammy, because Greta Thunberg is doing the right thing and she is fighting all the right windmills, as she is seen as a larger greater good, the people will herald her, yet in their hearts they know that almost nothing will come of it. For the ruling of Corporatocracy is bound to the needs of Wall Street and surpassing those set markers. As they play their games they basically surpassed the Gnomes of Zurich, the Swiss bankers that dictated economic policies for decades, yet as economic dictates moved more and more towards Wall Street and as the Gnomes of Zurich revoked their legendary discretion matters we see that Wall Street becomes the more powerful voice and without the balance that the Gnomes of Zurich brought to some degree we see that only the bottom line remains, a bottom line that is about profit and set on a stage of ‘contribution’ (a better stage of profit metrics), as such the environmental stage was mostly removed and in Sweden it is still at an all-time high because monarchies are about the whole nations, not just the actual consumers and facilitators, like New Zealand their environment needs are among the highest. So whilst the Guardian (at https://www.theguardian.com/environment/2019/sep/27/greta-thunberg-justin-trudeau-meeting-climate-strikes) gave us: “I really believe in Greta’s movement. She is doing amazing things and it’s great that she’s able to press politicians to act on climate change, during an election“, the quoted was 13 year old Annabelle Vellend, the reality is that whatever gain she makes, it will be small and optionally overturned within 2-4 years. In the end when it crosses the needs of Wall Street hard choices will have to be made and in that stage there is a close to 100% certainty that the environment loses.

That is the reality of the matter and the media knows this, they merely like to sprout the fairy tail (pun intended) and when that tail gets shortened it was not due to a young lady of 200 months, it was merely the heart of the economic matter, yet it will be voiced in such a way that it still reads lovely, because that is how the shareholders, stake holders and advertisers need it to be, and as long as the corporatocratic engine is not shown in the out and open this game continues.

In the end Corporations will claim that the desire from Sweden was nice, but in the end not attainable, it was mad to think it ever was, when you see those words consider who you elected and who they enabled in the process, it does not matter which side you elect, corporations have elected beneficiaries on both sides of the political line, it makes continuation a certainty. And whilst we see the positive spark of ‘planting of 2,000,000,000 trees‘ consider what some forests will be valued at for cutting in 3-5 years, and who gets that profit?

In the end this is not a failure of Greta Thunberg, it merely shows the world where the media is at, did you consider that part of the equation?

 

Leave a comment

Filed under Finance, Media, Politics

The shocker of the week

I am not great when it comes to sports. I have some skills, I am a decent hockey player, I love my hockey and I enjoy cricket. That is pretty much the life I have and I am content. I am not really that deep into Rugby. I have nothing against the game, but it was never my cup of tea. I know that the Rugby trophies tend to end up on Kiwi soil and that is fine by me. As such we all have our view of sports and its players.

When I think Ireland and Rugby, my mind sprints to Devin Toner, standing almost 7 feet tall, wearing 15″ shoes, ladies taken notice of that as men with big feet, need big socks ;-). As such when you see him stand next to two team mates, making them look like 6 foot shrimps, you know that there is a force to be reckoned with. As such when I heard that Japan was going up against them, in my mind the score seemed a forgone conclusion. Imagine my surprise (and utter shock) as the game ends 19-12 in favour of Japan. It is not just me, the amount of memes crossing my screen is adding up fast, and I am still reeling from the idea that Japan was a contender in Rugby finishing up the second best team in the world.

And for the meme’s, well they are risky and hilarious, yet it is interesting how the Springboks see themselves and how they see Japan, Japan has 2 out of 2 wins, yet they still have to face Samoa and Scotland before the quarter finals start. Pool B has Italy on top, however New Zealand has only one game played, as such New Zealand could rise to the top soon enough. Pool C has the UK slamming both Tonga and the USA with a serious amounts of scores. Leaving us with Pool D, only Fiji has had two matches bumming out on both. As such the big game there is today; Australia versus Wales and the winner in this one is most likely to become the pool winner, with the other one decently likely to be runner up.

Even as I love my boatload of meme’s, this world cup is not settled, not by a long shot, and the scores will take a beating, as I see it (slightly biased) the big match might be tonight for the pool, but it is the Australia versus Argentina match on October 20th that will keep most of Australia on the tip of their seat. It could end up being UK versus Australia on day before, but that is speculation at best, what is not a speculation is that at present there is a decent chance that Japan becomes winner Pool A and they will have to fend off either Italy or New Zealand, to change that South Africa must win both matches. The chance of winning against Canada is good, against Italy not so, implying that they would be cut.

Their only chance is for New Zealand to strike it super unlucky and with them facing Canada and Namibia, I do not see that happen, against Italy anything is possible; however their match against Namibia indicates that New Zealand will make it.

No matter how we slice this world cup, Japan the host nation was able to shock Ireland into handing over what most would have seen as certain victory. That alone makes this world cup an interesting event, a game where the outcome goes topsy turvy on the game fans tends to be a great year to be watching the world cup, that is almost a given in many sports, Rugby is happily accommodating to its fans this year and the excitement for the game will be better for it.

 

Leave a comment

Filed under Media

That one sentence

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

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

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

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

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

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

So what one sentence woke you up today?

 

Leave a comment

Filed under Finance, Media, Politics

Anacusis through silence

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

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

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

IMPORTANT

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

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

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

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

 

Leave a comment

Filed under Finance, Politics