Tag Archives: Japan

When one bank wins

This is the setting I am facing. It is set to the speculative setting of we all have a certain amount of money (me not that much), still the Arab News (at https://www.arabnews.com/node/2568749/business-economy) gave me something to ponder. 

So it all starts with a certain amount of speculation. In any given en time there is an amount named X. X is a little fluidic, but X represents a real number, what that number is, will be known to just a few people, it tends to shift a lot on a day by day basis. So when we are told ‘UAE banks see 8.9% rise in short-term deposits to $14.7bn by May’ it infers that someone else lost this, optionally several players a part. Natixis made a profit and several other banks do. As of July 2024, the United States government has a monthly interest rate of 3.33 percent on its debt of over $34,000,000,000,000 dollars, which amounts to 11.2 billion. If you say that fast it doesn’t seem so much. As I personally see it, the chains around the debt driven economies are about to choke the living daylights out of its population. Yet, as some are trying to avoid to become another Silicon Valley Bank (SVB) and two months after that the First Republic Bank. That was in 2023. So what (or who) handed the UAE-based banks such as neat little profitable setting? Wouldn’t you like to know? I would and there is every indication that it was all on the up and up. And the article ends with “Profitability surged to 21.5 billion dirhams, driven by higher net interest income and a significant drop in impairment charges, according to New York-based global professional services firm Alvarez & Marsal” it is interesting that we do not get where these funds originated. I can understand that banks do not wash their laundry out in the open, yet after the SVB debacle, the media should hand us the goods, or at least partial goods. It is nice to see all the banks do well, yet the setting is that it comes from somewhere and the people have a right which banks are not performing as well as they should.

I reckon that this is a dangerous stance and it could fuel several other bank runs, but the reality is that the western media is not to be trusted, so where can we get the goods?

We get that debts seen all over the planet also inclines that someone is making a bundle out of that. Merely the US needs to make good on $96.8B EVERY MONTH to keep their image of ‘we are doing so well’ up, but who pays for that? Especially now that business is going to China and some to Europe. Soon, I believe that this point was already passed, to US cannot even keep up the interest payments, then what? As I see it, the big players and billionaires will place their trust funds in the UAE, Saudi Arabia, Monaco and Nassau. So what happens then?

I have no idea, but it will not be pretty, not for Europe, not for Japan and not for the USA. Japan has $9.2T debt, Europe has accumulated an impressive €12,732,445,200,000 debt, if the percentages are the same, we see Europe needing to find €35.3B each month and Japan a mere $25.4B a month. That money come from somewhere, does it not? Last year the US collected $4.44 trillion, this sets a dangerous premise. The interest in the US over a year is $1.16T, a simple 26% of the tax budget, lost to nothing (read: banks) and this implies that to break even the budget needs to set to 70% of the money and as we were told “The U.S. government has spent $5.60 trillion in fiscal year 2024 to ensure the well-being of the people of the United States”, which implies that not only are they not keeping a budget, they haven’t been able to keep it for years and now we see other nations getting a larger slice of the revenue pie. So, how much longer can this game be played? You think Russia is bad? I wonder how bad the USA can become when this setting implodes on America. Are the two connected? Not directly and it floats on my assumption that if one bank wins, another bank loses, which bank loses is unknown to me, I don’t have a clue, but as I see it, the media faltered in their jobs to inform the public. 

And should I be wrong, I apologise. Yet I believe to inform the readers when I can. Have a lovely Sunday, which is now starting in Vancouver, they are ready for breakfast (it’s 5AM there). 

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Taking a step to the left

Something just hit me (ouch). I was wondering about people learning Arabic. I have been contemplating this. However I do not have a job requiring me to learn it. Still, the idea was in my brains and I contemplated things that would help me (without taking classes). You see we can always to some extent revert to books.

And as you see there is a a way to do this (might not be the most efficient way). As I was contemplating this I remember something from my Japanese lessons (years ago). They had a card  set they had two half (like a domino stone) there was an image of something at the top. And the beginning letter at the bottom. It looked something like the image at the bottom. 

The Japanese version is slightly different, but the idea stands (if this translation is in error, I apologise, my knowledge of Arab is is zilch, zero, rien, non-existent). Still, the thought was there Arabic has 28 letters, it could be supplemented with cards stating the days of the week, the months in a year and so on. It could be a set up to 75 to 100 cards and sold at a bundle. Now considering that there are plenty of Chinese people trying to learn the language at present. Added to that is the premise (given by pro-literacy) that 50,000,000 within the 22 Arabic speaking nations that cannot read of write. A tool like that could be useful. If the literacy needs to be evolved, having tools that empower such a setting needs to be spread more rapidly. Now I have no idea if such a card set exists, the fact that I never seen one is no indication. The internet does not give one either. So there are indications that this is an idea that someone in Saudi Arabia or the UAE could use to optionally make someone rich. There is nothing I can do because I do not know any Arabic. But with all the people that Saudi Arabia is trying to get for jobs. This is merely a tool that enables these people to learn Arabic faster, it is merely a thought I am having. 

Have a great weekend.

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Pushing buttons

That is the name of the exercise and this time it is not just having a go at Microsoft, it is time to call Apple to attention as well. You see we have been pushing buttons on a keyboard for years, optionally for decades. Yet when did we see ACTUAL evolution in these contraptions? The most interesting evolutionary step was seen in CSI Miami in 2002 when an episode evolved around a laser keyboard display.

It didn’t go far enough, but it was a start, since then for 20 years. two hundred and forty months no less, both Apple and Microsoft have been spinning all kinds of innovation, but leaving a larger gap. You see, the world is globalising and both were part of that, but they never embraced the world, they merely pushed American values which are not the same.

Now consider this image below. The black keys are small LCD screens (or something similar). 

This is not a leap, this technology, all parts exist. On the iMac you can literally change the keyboard on your screen, a decent case can be made to make the iPad the Keyboard to ANY other Mac, but that is a different conversation. You see, the next part makes sen se if you know more than one language, this example shows us an Arabic version.

A setting that many have seen (millions actually). Japan, China, Korea, Arabic Nations, Pakistan, Ukraine and that list goes on for a while, even in Europe (France, UK) they have different setups. 

So here is the screen below

A simple example from Hiragana. With a home font (the white character) and Hiragana. This was not rocket science. The elements have been around for DECADES and Apple kept itself asleep at the wheel (no one cares about that snoring dumbo Microsoft). A setting that is strangling market research, Advertising and any corporations with foreign needs. I get it, such a keyboard (for now) isn’t cheap (expected $399), but over time as these edges of technology are explored more and more, the prices will go down and two multi trillion companies couldn’t figure this out? And Apple is even in more hot water. They could have set this up by having an iPad (which has 99% of these abilities) at the ready, to make that iPad a Bluetooth keyboard for any other Mac (MacBook or iMac) and they just didn’t look that far? Too many blinders mister Timmy the Cook? 

I wrote about these part (not to the complete degree now) a few years ago and none of these two entertainment jollies (clowns seem too harsh an expression) didn’t catch up? This is the issue with those proclaiming innovation and iterating themselves into the next decade year after year. Innovation comes from making the jump no one else considered and commerce is nice. You see when Apple comes with this idea at $399, someone will reengineer the idea into a $129 solution that works. It is iteration grown from innovation, but Apple made the innovative step, from there evolution comes. Was that hard? 

Are there issues?
Of course there are. Pricing might be a problem, but the keyboard has been neglected for decades, time to open that rusty door. In the end Apple can only start the setting, what comes next is up to the actual innovator. At the ready the iPad could become the start of new Bluetooth technology, which could lead to iPad based keyboards (more rectangle) and with a decently stronger screen. All options in front of the eyes of the Apple cook who seemingly overlooked it all and never looked beyond the blinders they all had. And as for the issues. Is it my job to fix all their shortcomings? Nope it is not, but with the IP at the ready and optionally a massive pay package, I can hand over some idea showing the others that I have a much stronger hand that is not out in the open (Amazon take notice please). You see Amazon could see this too, which means that multi character set design systems will take a much larger stage next, a stage that Azure/Oracle doesn’t actively has and that gives opportunity. You see the Kingdom of Saudi Arabia is investing $200,000,000 in all kinds of IT solutions, the UAE has a $2,000,000,000 portfolio ready for startups. 2.2 billion and Amazon has options, so who else is asleep at the wheels (plural intended). Is it all to be had? Of course not, but gaining a slice of a 2.2 billion dollar cake is better then nothing and some people need to realise that the Middle East is here to stay and it is investing. So why not wake up, have a coffee and see where that could lead you? 

It is merely a thought, but who else gave you the option to consider a slice of a 2.2 billion yummy cake? And it all started with a keyboard, so where are these so called innovators now?

Enjoy Monday. 

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Almost circular

Yup, we get that expression again, we are almost done with another trip around the sun. I am not sure where it comes from. I think I heard it first on Facebook, but that is no indication of origin. So at the end of the year a few things hit me. I want to give them all up here, but in this case I have handed them over to Tencent Holdings Ltd. first. Lets see if they are more awake then Google and Amazon. You see, there is a hiatus appearing and that is not a good thing (not a bad thing either), it merely is and I recognise that. Yet the hiatus was discovered by little me when I was getting to know a program called Final Draft (v12). I am putting in one of my Scripts for Al Saudiya and I got well over 30% done in less then a total time of 24 hours. As I was progressing through the parts (ACT4 in particular) things started to appear before me. Thoughts that I had not had whilst writing the story by itself. Now, this makes sense. Final Draft is a specific solution for a specific audience. Yet what appeared to me more clearly (part of it was already visible, which was why I selected that tool to learn) Is that there is an offset to ‘immediately’ register it with SAG-AFTRA. It set a new station. You see, not only can (what some call) do a Reese Whiterspoon on all this. There is a growing need for a cloud solution and set up a global protection umbrella for scripts. Consider that until a few years ago Hollywood had to deal with 35,000 scripts a year. 350 are made into movies. It is a simple cram of the crop equation. Now consider this same setting but with additional streaming, TV, Nollywood, Bollywood, Scandinavia and so on. We now get closer to more than 100,000 scripts. So how to prevent ‘cross-pollination’? The only real option is to have a cloud solution that registers all what you write into the cloud. It could register as evidence that your IP was invaded upon. But to do that your IP needs to be registered. I think Final Draft, Inc. is already thinking and moving into that direction. Now that Final Draft is pushing towards ‘Writing for Youtube? We’ve got you covered!’ The stage moves even further. You see YouTube is ‘stating’ that there are 38,000,000 active Vloggers. If only 10% is upping their game with Final draft, Final Draft will suddenly need a much larger support system and an optional global one. That was what I was banking on (initially) but I didn’t see the YouTube part, which is of course a nice escalation in my favour. 

In that setting Final Draft needs a support system that can take care of that much more users. They would need two parts. The first is a support system like only NICE CX One can deliver and they need to consider globalisation. If only to set an optional 24:7 setting. That gives them USA, optionally UAE (Abu Dhabi, as Dubai might be too expensive). Somewhere in India and on the east side of China. They now have an overlap in 4 stages, meaning if one has technical difficulties the left and right side of that team can carry the load for a few hours each. China makes more sense then Japan, because the Chinese entertainment industry will get a massive influx in 1-2 years. UAE has more options than Saudi Arabia, but the Arabian entertainment is also due a larger growth. Saudi Arabia is already setting its mind on sports, meaning that streaming is closely followed, hence my Al Saudiya move. 

And they can also support Nollywood. As such, as demand grows Final Draft is about to grow to new heights. And their cloud move makes sense. It is a logical next step to allow their customers chose to select the cloud or keep it local. So as we are about to make another trip around the sun, we need to see that Final Draft was ahead of a lot of people and the one niche that Microsoft ignored for close to 20 years is about to be lost to them. No worries, Google was asleep at the helm as well. Another setting they never saw coming and where was Amazon? I cannot tell, because none of this was on their ship, but if they align with Final Draft on that cloud solution, optionally with NICE, the game changes a little more and both streams will be lost on Microsoft. I predicted a lot of this, not this one, but that implies that Microsoft in the end losses a lot more than before and that is also the new setting. Millions now needing a non-Microsoft solution, how weird this year ends. Not to put to fine a point on this but I am loving this.

Enjoy this day before the end of the year.

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In titles

It is a setting we do not see, some of us will never see it. That is not on us, it is not some flaw. We look ahead, we never ever look in a mirror at ourselves whilst acting. As such we will only ever know what we look like through the eyes of others. This is how it is. It remains simple.

We see events, we see some as acts against us, we see some as acts against those who act against us. It is not simple, but it tends to be straightforward. In America a weird setting is going on. It is depriving America to be America and its land to be land of the Americans. We can blame so many people but that is the blame game. We can act against actions seen and perceived, but is that the right action? Consider that one state alone, the state of Colorado has now said that Trump can no longer be on the ballot for the primary citing the insurrection of January 6th as a reason and it was not unanimous. Now we see “Lawyers for Donald Trump on Wednesday urged the US supreme court to reject a request from the special counsel to expeditiously decide whether he was immune from prosecution over his efforts to overturn the 2020 election results, contending prosecutors lacked standing to bring the petition.” Lets look at the simple setting. “whether he was immune from prosecution over his efforts to overturn the 2020 election results” Is that an admission of guilt? We have two distinct settings here. The first is the inability to prosecute all parties to the United States Capitol attack on January 6th 2021, now almost 3 years ago. American law failed on several levels. Now we see “The papers filed by Trump’s lawyers in essence amounted to an attempt to refreeze the case – and indefinitely delay the March 2024 trial date – after prosecutors sought to bypass the potentially lengthy appeals process by directly asking the nation’s highest court to resolve the matter.” As I personally see it, should the Trump legal team pull this off, it will not be a victory. It will be the first clear sign that America is out there to protect bullies and criminals above all else. It will impact American lives for the largest setting. Their allies will stop being allies, corporations will start moving away from the US because the setting has changed and in other settings will we see that others will take a chance on BRICS and its members to give them a fair shake. 

America has taken ‘Innocent until proven guilty’ to new directions and in new settings. It is not some setting I can prove, but I see that many others feel the same way. America is no longer the dream we pursue, it is a place where the bullies and the woke decide on the fate of others, regardless on what the others want. A new form of Shanghai recruitment a naval activity going back to the 1850’s is now in a new setting. For some to take what they want, not what they are entitled to. It changes the game and when corporations start feeling that impact, they will all leave and then what will the big boys do? When these engineers feel that they are no longer treated fairly places like IBM and Google will need to set up new headquarters, one that is nowhere near America. Yet in that same setting what law will they rely on? That is not an easy question to answer. Because when America crashes, Japan will follow soon, no more than 3 years behind America and that takes a whole range of stages in new directions but the larger stage which would be the past tense of America will see places like Amazon, Apple, Google and IBM to save whatever they can, because the simple truth is that without its engineers, training and service solutions these firms will not get anywhere soon and that opens up new players and all of them non-American players. A stage we would not have deemed realistic before Trump started to mess things up. We see (with laughter) that the American Qanon Shaman now reels against Matt Gaetz, but that is merely the beginning. When these people don’t get ‘their’ promised land chaos will come a lot faster. Even now we see threats against judges in Colorado because they upheld the law. 

This is (as I personally see it) getting bed fast and it will get worse soon after that. Stages in motion, motion through the momentum that cannot be controlled and control though laws that are faltering. It seems a simple line, but it is not that simple and the levels of interactions on multiple levels make for what I would see as escalation towards levels of worse. It is not scientific, but it is my view.  So when we go from one view to another view we see the self destructive path that America is on. It is not an accusation, it is an observation. You see, some see suicide as a right, not because it is a right perse, but anyone is entitled to be stupid. And stupid acts tend to end badly. The stage of all this was seen before 2018 when Jamal Khashoggi went missing. The continuation of ignoring basic facts, the stage of evidence to be replaced by the CIA setting of ‘highly likely’ as evidence, which it never was. And as one stage was replaced by another stage we see more and more presumptions, more emotions and lacking more and more facts. The media is largely to blame for all this and as they delved into the world of digital dollars we saw less facts and more emotions. All these events are connected but not linked. It is my personal view that certain people rely on stakeholders to path the way as they do with corporations and policy makers, but now the impact is larger and these stakeholders are getting in each others way. For them it is ego and the money they gain, but in that setting America has been losing more and more and now they rely on less intelligent administrations to claim their goals and bonuses and that is where the train goes off the rails. It is my view and it might be a flawed one. Yet in all this consider that I saw certain military changes to come in late 2020 and these changes are now upon us. It is not the strongest part, but the clearest one as America is down 20 billion in revenue. So how do you think infrastructures are paid for? That and a debt of 31 trillion makes for a really bad setting. Then they upset their wealthiest allies and let China walk in and capture more and more of that revenue. So how will this end? Well, I do not believe it will take much longer for the beginning of the end to come out, but as the ties between China and BRICS become stronger, Europe needs to make choices and they are on their own side, not on the side of anyone else. All this is happening at the same time in many places and I believe that this is due to stakeholders, although I am not sure how they are doing this, I feel that they are gaining terrain at the expense of everyone else. All due to the fact that cash was king and the law fell short. 

I might be completely wrong but that is how I am seeing this.

Enjoy the day, it is Friday here.

 

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Speculating towards something?

That is the setting, I have been keeping my eyes on Bangladesh for more than one reason. You see, Bangladesh with its 170,000,000 people represent an upcoming population that has never been considered for several retail groups, but that nation could become a more important group. China sees this, Saudi Arabia sees this and that is where the next article comes into play. The article (at https://www.eastasiaforum.org/2023/11/18/japan-brings-bangladesh-into-the-folds-of-new-security-framework/) gives us ‘Japan brings Bangladesh into the folds of new security framework’ which also gives us “Japan maintains economic partnerships with most Asian countries, particularly Bangladesh. Dhaka has received around US$25 billion in development and economic assistance from Tokyo since 1972 and around US$9.2 billion of this has been overseas development assistance.” I believe it is one truth, but not the one that matters to Japan. When America implodes, so will Japan, unless they make new friends fast. And when Japan embraces 170 million Muslims, they stand a chance to get some relief from Saudi Arabia and optionally the UAE too. That is what I am speculating is behind this move. Yes, there is a stage that Japan can use for retail purposes, but there is a larger stage. As per March, Japan is dealing with a $9.2 trillion debt. When America collapses (not if, when) Japan will lose a lot more and whatever they have banked against the dollar will fall away, as such Japan needs another path. China is not one due to historical stages, Russia is equally unavailable. As such this path seems the most intelligent one and even as it is not the best path, it might be one of the few left available to the former friends of the United States. And in continuation of this speculation, when things implode, the BRICS players would like to keep as many as larger players on their side as possible and Japan is not great, it is a huge economic player. 

So as I see it (and I could be wrong), Japan and a few others will need to realign their priorities in allies and economic sides and Japan seemingly just made their first move. I wonder when either Saudi Arabia or the UAE will set another path towards Indonesia and its 273 million citizens. This makes the setting fro BRICS a larger one, with two additional nations they get almost half a billion consumer and this is the stage that is merely in its starting place. When these two nations get the chance to become workers in Neom, optionally additional domains we get a new setting for economy and that is where Japan is banking on. It is trying to get a slice of that pie and as America has been in denial of too much we see that their ‘friends’ are reevaluating their options and there is now an optional case that Japan made the first move. 

Am I right? Am I wrong?
That remains the question, my speculative view comes from the data available to me, it does not make me correct, but I see it that I am more likely than not correct. A stage we all faced. I am willing to become critical of my view, slice and dice it, merge the data streams and see what I can prove through that. I am still a decent amount away from proving it all, but I feel that It is clear that Bangladesh wasn’t merely for some security framework, the larger stage is still in play. It is still fluidic but the media at large is less and less reliable. Consider the media streams that gave ANY view on this stage and then ask yourself the question why did they not make mention of it? 

Just 20 hours until my weekend is over, enjoy yours.

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It’s that time again

Yes, America has Thanksgiving, they have Christmas and now they have stopgap (4 times a year). You see, yesterday the news was given (at https://arab.news/vysbu) with ‘US Senate passes stopgap funding bill to avert government shutdown’ I made mention of this on October 2nd with ‘An altering stage’ (at https://lawlordtobe.com/2023/10/02/an-altering-stage/)where I gave the readers “I expected it would, but I also expect that this might go wrong in the future and the next shutdown is a mere 45 days away and US businesses are setting this new marker as the disaster moment” and I actually got it exactly right. Yes,. There was a stopgap now, but that is not a budget, as such Americans face the same dance around December 29th, just as the year ends. So when the stopgap isn’t coming through things will turn bad really really fast. Consider the thought that the bulk of approximately 2.79 million civil servants will be set out in the cold just after Christmas. As such how deeply disturbing will this become? All this because for 25 years America decided not to overhaul the tax laws. Lets be clear, this was ALWAYS going to happen, but with overhauled tax laws they would have had an additional year to get their act together, now their end of game moment comes in stages of stopgaps. All to stop the government from falling over. We might see the populist setting from others with their ‘tax the rich’ but it is a farce, a joke that has no way to go. A complete overhaul was the only option and now with BRICS and China pushing in on the little revenue they had left, they have no options now and their competitors are moving in on whatever revenue they had left. Is it doomsday speech? To some degree, but it is laced with reality. The debt of $31,000,000,000,000 is real and that interest will exceed $310,000,000,000 annual, all whilst we see articles that America is a mere 18th on the list. Yes, it is flimflam presentations. We get that Japan is in deeper waters, but not by much. We see the flimflam approach towards % or GDP, but when you look at the outstanding interest and the simple setting that 100% annual taxation in America doesn’t even cover the interest bill, the larger stage is seen that this is a decliner with no escape. And all that is before we see the impact of infrastructure bills (like paying civil servants). The stage is not a nice one, but America did this to themselves and as the rich and the large corporations become ‘transient’ out of America could be the killing nail that shows the stupidity of several administrations that refused to overhaul tax laws. And when this goes south fast, debts will implode and those owning US treasury bonds will lose whatever they thought they had. That is the nightmare scenario that is showing to become an optional reality ever 45 days from now. Until when? Until it goes wrong. 

Enjoy the day, it is Friday here now. The weekend is starting for the Pacific, the west needs to wait the better part of a day.

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What is what?

That is the question and the Guardian brought it to the surface. The article (at https://www.theguardian.com/environment/2023/oct/12/human-rights-experts-warn-against-european-crackdown-on-climate-protesters) gives us ‘Human rights experts warn against European crackdown on climate protesters’ the story here is triggered by “The crackdowns have come in spite of calls by senior human rights advocates and environmental campaigners to allow civic space for the right to non-violent protest” I get it, it sounds acceptable, but it is not. By blocking roads these eco-terrorists decided to stop commerce. Especially in the UK, where there is a larger mobile workforce. These labourers are stopped as roads are stopped, as public transportation is blocked and these people often merely getting by with the smallest of margins miss sales points, miss consultancy points because of Just stop oil and the people have had enough. These labourers are now in a stage to work two jobs merely to get by, merely to feed their families. You see, a terrorist is described as “a person who uses unlawful violence and intimidation, especially against civilians, in the pursuit of political aims”, as I see it “a person who uses threats and intimidation, especially against civilians, in the pursuit of political aims” equally applies. The threats are given by stopping people to make a living, endangering the living of the people relying on these craftsman. It becomes eco-terrorism. But I am willing to give these human rights people a chance. In accordance to the needs of just stop oil. Lets sign over 100,000 barrels a day, meant for the UK and hand it to China. You see we get two distinct settings. In the first the UK economy comes to a halt. These Just stop oil fools will win and that is fine. You see these 100,000 barrels of oil will be used. Now by China and now we see the larger picture. The Just Stop Oil fools gained nothing, merely the downfall of the British economy. But let’s leave this to the Human Rights experts. This was a setting that was clear from the very beginning. This world rotates around the commodity oil, there is no escaping it and when change was possible, the politicians acted against that and the USA is still acting against that. This is why the western economies are on the verge of collapse. In an age where every little margin counts the Just Stop Oil fools are just too stupid to realise that they have become part of the problem. 

Those in denials need every week they can get and these eco-terrorists are in the way of this. 

So, when we are given “Michel Forst, the UN rapporteur on environmental defenders since June last year, described the situation in the UK as “terrifying”. He added that other countries were “looking at the UK examples with a view to passing similar laws in their own countries, which will have a devastating effect for Europe”” It is my personal view that Michel Forst isn’t working with a full deck. Governments have overspend their credit cards by billions, several by trillions. This implies that the only way out of this (deeply delusional) is to keep the economy working on all thrusters, whomever interferes with this is a problem for any government and that is the short and sweet of this and the people who are on the short end of that stick are happy to put eco-terrorists in jail for years to come. The larger station becomes who is fuelling these idiots at Just Stop Oil? You see, the papers (many) are calling this ‘civil disobedience’, yet the larger station isn’t that. They are disrupting places that are not part of the Just Stop Oil focus. How is disrupting a play, or a World Snooker Championship an protest against oil use? This is about unsettling the simple pleasures some people have and some want to watch world snooker. This is what makes them eco-terrorists. Threatening intimidation to gain points towards political aims and that isn’t working. Even the marriage of the former prime minister George Osborne was disrupted as an action. Some were eager to deny events, but the damage is done. The little sympathy they had in the beginning is all used up. The people have had enough and governments are not in an accepting state, their debts are adding to too much and that is a stage where whatever human rights values are out there, the moment it goes against the bottom dollar it is disregarded and people like Michel Forst should have known that. So it isn’t terrifying, it just is and it is the consequence of too much inaction. Too much inaction in the UK, in the EU and in the USA, optionally in Canada too and those boffins at the Human Rights Watch better realise that some things can no longer be tolerated all over Europe. It has gone so far that the total debt of the EU is suddenly nowhere to be found. We have the debt of nations, but I reckon someone is in a state of mind that we will not investigate. So consider Germany with a debt of 2,699,152,920,239 €, France has a debt of 2,699,527,284,525 € and Italy has a debt of 3,010,345,598,675 €. These are merely three nations of the EU. Three out of 19, the total debt of the EU is staggering, it now almost dwarves the debt of Japan and I reckon will equal the total debt of the USA within 5 years. That is how bad it is and you think these governments will allow Just Stop Oil to continue on its path? You must be joking. 

There is no good new, there is no relief. You see we all need oil and we do not have it. You can shout all you want and we can accept this. We can also give the reigns to Just Stop Oil and hand the oil to China. China will love this, yet the fact that the EU and UK economies collapse as oil becomes a non-option? Did anyone consider that? Also as the EU is now heading towards winter, the lack of oil will have larger impact on the citizens of the EU and UK, but I reckon everyone considered that part already, did they?

When human rights are set against the practicality of an economy, the economy will win every time it happens. And that is what we are seeing in action at this very moment. 

Enjoy the day, the weekend is about to land on our timelines. 

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The rivers Wept, Wimper and Whine

So this is a story with an edge and with a side that I am ill suited to respond to. Yet, when I saw the Guardian with ‘Megacities in the desert: the human cost of Egypt and Saudi Arabia’s bold new projects’ (at https://www.theguardian.com/commentisfree/2023/sep/11/egypt-saudi-arabia-megacity-human-cost) I just had to respond. You see, we might give weight to “In their rush to claim the future and concrete over the past, these vast rebrands are demolishing people’s homes and their heritage” but did anyone remember the people and the heritage demolished around London, around Paris, Im most of the United States, parts of Canada, massive parts of Australia and we could go on for a long time to come. How much consideration were they given? So now as Saudi Arabia is pushing borders in unimaginable directions, now we complain? Go whine me a river (pretty please).

And when we consider the amount of people who ‘lose’ a part in Saudi Arabia and Egypt, which I am happy to consider is true. Let’s put them against lists of people in the UK, France and the United States, who had to give it up for progress. There is also a chance that Japan unsettled scores of people building through their industrial age, so that list might dwarf the events in Egypt and Saudi Arabia to almost nothing, almost I said. When you consider that NEOM and the Line are projects never undertaken ever before. When you consider that NEOM will be 22 times the size of New York, making it the biggest city on the planet. We need to consider that this has never been done before and it dwarves the achievements of the USA, Russia and china to several degrees. Yet, the Guardian gives us “Hussein Omar’s mother, as well as some eight generations of his family, are buried there, and he hoped one day to lie next to them. He tells me that for years his family has been in deadlock with the state over what rights they have to visit, but that has now escalated, as the graves themselves have come under threat of removal” As such one source gave me the 10 Cemeteries that were relocated to make way for human progress. So how much thought did the Guardian give for these events? How many in the UK, how many in France. You get the idea. And the fact that Saudi Arabia has 36 million souls (living), the UK has 68 million souls (sort of living) and in this case Saudi Arabia is (roughly) 782% larger. As such, how many people are really being ‘dislocated’ and how many were dislocated when the UK decided to put in the train tracks, the subways and we can go on a little while longer. The same could be said for France and a lot can be said against the US who made a whole lot of native Americans extinct in the name of progress. 

Progress has been the handle to use by many, as such it will be handled by the Kingdom of Saudi Arabia as well. But who is giving us a clear top-line of numbers and areas as each nation is affected, yet we do not get that will we? It pushes the story of Hussein Omar and its writer Nesrine Malik in a different category. I am not stating that the story is wrong, or should not be given, but should we not get the real picture? Should we not get the real impact and optionally the amount of jobs created, the amount of economy served to better the setting for that nation? Just a question, feel free to give it a swing to your own liking. I am merely trying to keep it real, did I succeed?

Have a great day.

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It started with television

To get the entire mess I will start with a television episode.

The line was “Not that I don’t appreciate the sentiment behind your nightmare scenario” it was linking a conversation between President Bartlett and Dr. Takahashi. The episode was ‘A good Day’ season 6 episode 17. Yes, this part is fiction and some of the mentioned elements were too, but not all and that is the striking part. This episode aired in March 2005. You think that would be the end of it, but you would be wrong. Lets take a look at reality.

The Financial Times gave us ‘Saudi Arabia cuts holdings of US Treasuries to 6-year low’ on august 17th (at https://www.ft.com/content/2925952d-1e20-4748-8fa4-05b3605fc46a). There we are given “Saudi Arabia sold down its holdings of US Treasuries in June to the lowest in more than six years, as the kingdom directs more funds to foreign equity and domestic investments. The kingdom held $108.1bn of Treasury securities in June, down $3.2bn from May and below the $119.7bn it held at the end of last year, according to data from the US Treasury department.” This is merely part one, the second part is seen with ‘China likely to cut more US debt holdings’ (at https://www.chinadaily.com.cn/a/202308/16/WS64dce79ba31035260b81c880.html) this is not the end, this is merely the beginning of what was described in the West Wing as the nightmare scenario. You would think that the EU and Japan would come to the aid of the US, but you would be wrong. Mario Draghi overspend trillions in the past and now the EU credit card is stretched to the max. Japan had in March 2023, a Japanese public debt is estimated to be approximately 9.2 trillion US Dollars, or 263% of GDP. Japan has no place to go and that is the beginning of systems collapsing. The US is in its endgame towards becoming an economic third world nation. 

Yet there is more tom come. We also get (at https://finance.yahoo.com/news/death-entire-financial-monetary-social-180841464.html) ‘‘It’s The Death Of The Entire Financial, Monetary And Social System’: This Market Expert Warns The U.S. Dollar Is Quickly Losing Its Reserve Status.’ I do not know Jing Pan and I do not know whether she is correct, but she gives us one part that struck a nerve. She gives us “In March, the collapse of Silicon Valley Bank grabbed major headlines. After the bank sold its Treasury bond portfolio, it incurred a substantial loss, causing depositors to question its liquidity and leading to a bank run. Amid this market upheaval, Silvergate Bank, First Republic Bank and Signature Bank failed as well. “This banking crisis is not over,” she said. “Maybe they’ve been able to paper over it, and so everybody is calm, and you have consumer confidence going up and all of this other kind of garbage. But it’s built on a house of lies.”” It struck a nerve because I got there through different means. You see when the SVB issues was playing out, we suddenly get a news article with Janet Yellen who is keeping tabs on the situation. Janet Yellen, United States Secretary of the Treasury. Not some governor from California, not someone from the banking industry. No, it was El Jefe from the treasury herself. It was overkill. I had issues and I wrote about them earlier (not sure when). I wondered why the SVB was in that setting and why Yellen personally took notice. I wondered who was holding the US bonds. Because banks had some of the bonds, but no one had a list of how much and no one had a clue (or remained silent) on how much the SVB was holding. 

As such I had an issue, things weren’t adding up. And now the two largest finders of the planet are shedding the US debt. As I see it the US has painted themselves in a corner and things will go ugly soon enough.

This is where the next article comes in. The article (at https://tickernews.co/u-s-credit-card-debt-levels-just-surpassed-1-trillion/), which is not the only source gives us ‘U.S. credit card debt levels just surpassed $1-trillion’, as such 300 million people have a collective debt of over on thousand billion. This amounts to the degree that every American has a debt well over $3,000. So how will this unfold when the dollar drops? Now, I am generalising but the larger stage is now set. Bonds are going nowhere and in 2022 long-dated U.S. notes lost 39.2% in value. So how safe are those bonds now? We know about the inflation and that it is rising, but CNN reports that ‘US banks sitting on unrealised losses of $620 billion’. This came to us in March, as such the SVB issues are rising, are they not? So where are those bonds? Who is reaping the losses on that one and the nightmare scenario that a television series gave to us in 2005 is about to become a very real issue in 2023 and 2024. 

We might have thought 20 years ago that bonds were the safest place to be, but only 20 years later and this is no longer a reality and moreover the allies of the USA are shedding them, or cashing in to reduce the damage from them. This leaves America in a very vulnerable position. As I personally see it, they painted themselves in a corner and the windows on the two adjacent walls are soon out of reach to anyone in that corner. To add to this, the paint is red and massively toxic (as I see it), so no release unless someone can find a little over 20 trillion to help the US, the usual suspects are out of cash and I reckon Russia will not offer help either. Consumers have a total accumulated debt that surpasses a trillion and the bad news keeps on stacking up. All because politicians were playing the ‘screw it’ card. Now that the ledgers are up for grabs the US is sitting in the worst spot it has been in in well over a century and corporate and business America is looking for any way out of the US at present. 

When you see that image and you add the failures of Microsoft a different image comes to mind and it is not a pretty one. So why Microsoft? Because it is part of the Dow Jones Index. It might only be for 4.9% but when that goes south the DJI will see a much larger problem. You see it is not merely Microsoft, it becomes an issue for Goldman Sachs as well and when the dollar collapses. What do you think that places like UnitedHealth Group, Johnson & Johnson, VISA, American Express and Walmart will be left with? When over 150 million will have no money left the consumers pushing the aforementioned companies up will also fade pushing rates and results down. All things that could have been seen will over 2-3 years ago. And there is no blaming the Russian-Ukrainian war, this would have happened no matter what. Optionally it happened sooner, but not much sooner. 

Even if ‘A good day’ was the start, the settings have been in place for years. I believe the media merely looked the other way, because the other view was sexy and optionally offered more digital dollars, another funny money business. 

So am I wrong?
That is the question. I could be and relating articles like I am is to some degree folly, but it was all I had at the time. And if there is an economic person (I am not one) giving us a clear answer why I am wrong, I would accept that, but there are too many issues in the field and there are too many issues out in the open. I wonder if anyone could counter them all. But I will keep my eyes open to see if someone goes that way.

Anyway, have a great day and I am about to start the final day of the weekend.

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