Tag Archives: Monaco

Choices and power

It is something that has been bugging me all day and part of last night. It was set in motion by a story I am working on and it reflected on my IP. You see I had hoped that Amazon or Google had bought my IP, it benefits them the most (amazon more than Google). But in this day and age there are two new players in town Netflix and Tencent. They are not on anyones radar before 2023 (second half) but that does not mean I need to ignore two potential players for my IP. Consider that my IP will allow a minimum of 50 million consoles (or subscriptions). Consider the following list

Playstation 4 – 117 million
Nintendo Switch – 107 million
Playstation 5 – 20 million
Google Stadia – 3 million
Amazon Luna – Unknown

I have no real reliable information on how the Amazon Luna is doing and Microsoft is not a consideration. Now we get Tencent and Netflix and one of them gets an option to surpass the others and end up behind Nintendo and Sony in the number three spot, the setting is a sale that is the starting setting and will get them well above 50 million subscriptions, optionally around 75 million, and that mind you is merely the beginning. They could temporarily be the number one but Sony is hardcore focussed on this market and they do have the goods. So am I empowered to set one in a fighting position and become one of the top 3 game solutions? Or is the power derived from the additional choices that entered the field? 

More important Tencent and China get the option to run and rule one more field, it would be empowering to Tencent. Yet Netflix has reasons too and they have the setting to optionally alter their subscription approach two new players added to the ones I was willing to sell to (Amazon and Google). There is the option of Elon Musk and he is considered by me as a wild card. He is not in these fields but he has the Midas touch and when he sees options he seemingly grabs them. The odd satisfaction of all the Elon Musk haters entering a new market and becoming a top three player is oddly satisfying. So I went from two consideration now to 6 considerations and I feel decently well, because that is merely one side to the first IP bundle and the other two are still available, the second is ruled by the 5G solution and that will take off in 2-3 years when 5G is fully deployed, all ahead of the largest boom I am ever to likely see in my lifetime. 

To be honest I had some sights on Netflix, but Tencent is new, until recently and until some patents came past my desk I was in the dark on the setting of Tencent, but here they are a contender for streaming information and with 50 million plus, they are looking at up to half a billion a month, not something anyone can afford to sneer at, not in these times. But the larger settings are still out of the equation, the Augmented reality solutions I came up with (see previous articles), there we have a stage where marketing could rule a new part of well over 100,000 malls on a global scale and from there I can only speculate where this goes. A stage that could benefit places like Monaco, Riyadh and Dubai in all kinds of ways. But I get ahead of myself. Is all this power through choices, or choices that come from power? You see they are not the same coin, they aren’t even the same currency. The implied word ‘choice’ has several sides and they aren’t restricted to coins, they are also part of technology and enablement. All different settings for the same word and only the shallow will see them as one and the same. Power is more restrictive but also more out there and eagerly seen by everyone for all the wrong reasons, it is an enabler but only to some degree and it reflects on the chosen partner in this on how they want to continue with the offered choice and they pretty much see power as a monetary enabler, which is their choice, but it is the second tier and the third tier that will enable them to a much larger degree. That is the long game and that is where I have been focussing on, the long game, only the greedy reflect on the next quarter and their bonus.

But that is merely my (limited) point of view.

Advertisement

Leave a comment

Filed under Finance, IT, Science

Dangerous ally

That happens, we have enemies, impartial parties, friends and allies. This is how it has been for the longest of times. Yet what happens when an ally becomes a danger? That is what the CBC (at https://www.cbc.ca/news/politics/national-security-us-fox-news-threat-report-1.6459660) gives us with: ‘Canada should rethink relationship with U.S. as democratic ‘backsliding’ worsens: security experts’. In this article we are given ““The United States is and will remain our closest ally, but it could also become a source of threat and instability,” says a newly published report written by a task force of former national security advisers, former Canadian Security Intelligence Service (CSIS) directors, ex-deputy ministers, former ambassadors and academics. Members of the group have advised both Prime Minister Justin Trudeau and former prime minister Stephen Harper.” That at least is one side. Yet the stage we see here is a little larger than we think it is. You see, we are given “There are growing transnational ties between right-wing extremists here and in the U.S., the movement of funds, the movement of people, the movement of ideas, the encouragement, the support by media, such as Fox News and other conservative media,” I believe that they are missing a few bolts in that equation. As I personally see it, the media is a lot more guilty from my point of view. At present the media is desperate for digital dollars and we see this on a global level. The best way to get this is to get clicks, as such more and more flammable materials are published, just to get clicks. No matter what the consequences are. In this I give you the guardian who gave us (at https://www.theguardian.com/world/2021/oct/22/rightwing-us-pundit-candace-owens-compares-australian-government-to-the-taliban-calling-it-a-tyrannical-police-state-) last October. There we are given “Rightwing US pundit Candace Owens compares Australian government to the Taliban, calling it a ‘tyrannical police state’” In that article we are given “Outspoken conservative political commentator Candace Owens has suggested the US military invade Australia in order to free its people “suffering under a totalitarian regime” while drawing comparisons to Hitler, Stalin and the Taliban.” As such, lets relabel Candace Owens as ‘Black Putin’, with her telling the people “When do we deploy troops to Australia? When do we invade Australia and free an oppressed people who are suffering under a totalitarian regime? When do we spend trillions of dollars to spread democracy in Australia?” Wasn’t that the setting Vladimir Putin used to go into the Ukraine? How is that going?

A Commonwealth nation that has shown it has Freedom of speech, freedom of religion (a lot more than the US has), it has democratic elections and so far after decades, I have yet to see a police state in action in Australia. So which media asked this Black Putin for evidence of a police state? Which media asked this Black Putin for evidence of oppression in Australia and what evidence is there of a totalitarian regime? She is ‘tolerated’ by the media as she flames stuff, she brings in the digital dollars. That is how I personally see it.

So in the report (see below) we are also given “Yet Canadians and their governments rarely take national security seriously. Taking shelter under the American umbrella has worked well for us. This has made us complacent and paved the way for our neglect of national security.” This is true and as the US falters the pressure on Canada increases. I did make mention of something similar to this, but not to this degree and it was a while back. Yet the danger station remains, when the US collapses (which is still possible) the people will try to find a safe haven, and Canada will top their list. Consider the idea that Canada suddenly needs to deal with 5-15 million Americans trying the collapse in their own country, Canada is not ready, more important. Canadian National security is nowhere near ready for that nightmare scenario. In addition, as I personally see it, the Putin’s of America (black or not) will gladly throw oil on that fire to get more digital dollars out of all of it. 

And the Ukraine adds to that setting with “Russia’s brutal invasion of Ukraine in early 2022, with its deliberate targeting of civilians and underlying threat of nuclear war, has jolted even the most sanguine of western democracies into thinking anew about security. Ahead lies a period of escalating tensions with no clear end in sight” as such the Commonwealth needs to take steps, serious steps towards keeping its territories safe, any way they can. Canada has of course the largest problem. It has 8890km of border with the US and there is no way that this can ever be kept safe or untrodden, so other means will be needed to keep Canada safe. What they are, your guess is as good as mine. But this will come to blows there is no doubt in my mind. Even now we see more and more stories and articles about the decline of the US, but they are trivialised, even the ones from the Pentagon. The power players are all in the believe that it will not happen, but they have their millions safely in a zero tax haven like Dubai, Bahama’s, Monaco or Cayman Islands. When things go south fast they take personal leave get to where they need to be and resign their posts with loads of cash safely tucked away. When that escalated the people will start running and those without cash will try to get anywhere they can and that group is a lot larger than you think. Last year all these people who got into Bitcoin, because it was such a safe bet, what they bought at 87K is now a mere 41K, they lost over 50% and when it goes from bad to worse the US will become close to unliveable. And that is what Canada needs to fear, almost more than any lone wolf terrorist. In all this, with all the things we see 2022 is the first year where several players need to consider that America has become a dangerous ally. It is not the military that Canada needs to fear, it is a senseless 329,000,000 people all trying to find some safe haven and the group that is in poverty and the elderly pushed into poverty is large and growing larger by the day. When we consider “The official poverty rate in 2020 was 11.4 percent, up 1.0 percentage point from 10.5 percent in 2019.” We think it is not that serious, but the last two years destroyed savings due to the cost of living under Covid and Bitcoins value for millions of people. There is no way that they US has accurate data at present and that is not on them, but I reckon (speculated estimation) that it is closer to 13.5% at present. As such there is a chance that as per tomorrow 4.4 million Americans will seek shelter any place they can and a sizeable chunk of those 4.4 million will no longer believe that the US can offer that. Even now with unemployment numbers at a global all time low, too many will consider the ‘get out now’ routine. Because if the US has worker issues, than Canada might have them too. Not the worst thought to have, but when millions have that thought at the same time, Canada will face a larger problem and that is before the actual national security problems stir their ugly head. I believe that the Commonwealth nations need to unite and we need to do this now, not tomorrow. Things might get pretty hairy soon enough and not being ready just doesn’t slice the cake, not in this day and age.

Leave a comment

Filed under Finance, Media, Military, Politics, Science

Gift for militant wench

OK, not my finest hour in diplomacy, but it was the only way to give the path to people thinking ‘another Amazon story’. I woke up this morning with a new IP, an IP based on Google technology, but they do not create software, so their loss. And this is freeware only for Sony and Amazon products, just another way for me to say to Microsoft “Screw you!” So in my sleep I was racing through the street, there were paths, obstacles and my mind was making sense of it all (which took a few seconds) and I was seeing the brilliance of that Nintendo kart game that can take place in your home. A good idea, but I gave it steroids and turned it into something serious. You see, there are the F1 people, who love the F1, want to race on their tracks, want to be an F1 driver and this is not for them, There are good products and they are happy there. No, this is for the people who want to race in the real world. So consider a setting where the game has 10 circuits. They can give their address, or one they wished to live and the system will design a racetrack from 2500 metres up to 5500 metres (for now) based on real Google Map data. So you get a game that will soon have thousands of tracks, and the nice part is that there is racing (just the street) and challenge where the system adds obstacles, ramps (looking like it was fake and inserted) to give that goofy feeling for when you go all out. As far as I can tell, it has NEVER been done before and there Amazon gets the inside track, because as you race what is, the system with Machine learning and deeper machine learning will try to make you a map you requested based on the area, or location you gave and adds the track for you personally to your account. A setting where a game can grown into a massive behemoth of racing fun. A setting where you can race where you always desired to race, your hometown (wherever that is), Tokyo streets, Monte Carlo (every racer wants to be there one day), London, Berlin, Amsterdam and the list just grows. I am actually amazed no one in Google was that alert, but there you have it. So I say (still lacking diplomacy) “Militant wench, have at it”, we could include boat racing, but I reckon that a place like Rotterdam will give Amazon all kinds of problems. 

A simple idea boosted to a real challenge, and should you wonder why Microsoft cannot come up with it. Well that is simple, they can buy creativity, they merely lack the ability to create something. For that they have Mojang, Bethesda and Blizzard. Those who buy are limited to their knowledge of Excel (or so they say).

Enjoy this midweek! The weekend will be 68 hours away for some. 

Leave a comment

Filed under Gaming, IT, Science

The opportunity for 2022

I was just watching a video (Monte Carlo Walking Tour), I was watching it because there is at present no plans or chances to visit the place, so I might as well watch a walking tour so that I get to see what the place looks like and to be honest, walking tours give a better impression of a place than most TV or movie alternatives. So as I was watching I suddenly realised that Monaco has a huge opportunity and no one is taking notice of it. High buildings with a naked wall, a bare piece of stone that looks nice, but could do so much more. What happens when Monaco installs QR codes in several places to invite augmented reality to the thousands of people filming and photographing Monaco? A QR code on a crane or a wall that shows on the phone an augmented F1 car in the street, a special yacht in mid air or simple an area name on your screen. Monaco has so many options and even more tourists. Thy have annually over 365,000 tourists, that is well over 1,000 a day in a place no larger than Hyde Park. In this walking tour I saw 5 cranes, all empty metal husks, a QR code, even two QR codes would not hinder, and it can go so much further. The same could be said for Nice, St. Tropez, Cannes, and that is before you look at the big places. I see an abundant of construction fences, all bland, all non engaging, all whilst technology can offer so much more for the people there. So why is it not implemented? Just saw Crane number 6. That is close to 2 dozen places people try to avoid with their eyes all whilst it could be an eye catcher is very different ways. In a place where pleasing the eye is on the mind of thousands, I see no augmented reality. Why not?

And let’s not forget augmented reality can be used for information, tourist attraction, local advertisements of events and several other options, from air to water, Monaco has it all, well all except augmented reality.

And Monaco might be on the mind at present, but there are close to a dozen large cities who are not using that opportunity either. London had 19,000,000 tourists in 2019 and the list goes on for some time. A decent innovative impression creator ignored. Why? By people who do not understand it, or by people thinking it is a waste of time? As Monaco showed me 6 unused cranes and a dozen other locations, how many locations were overlooked in London? What could Cannes offer? Why is Amsterdam not leading that march and why do I see an utter lack of augmented reality in Los Angeles/Hollywood? All places that thrive on tourism and NEARLY EVERY tourist relies on their phone. So, what gives?

It is only January, some of these places could deliver an augmented summer, and 2022 needs a good start after all that….. achoo!

1 Comment

Filed under IT, Media, Science

Overlooked IP

Yes, we all look at ideas that make us rich, we all do. I am no exception. I have my IP, a few in 5G, a few in consoles, in movies, in TV series, in NextGen printable hardware and at least one in books. So until they are all sold I am content. This is the stage where I saw another piece of IP waiting to come to fruition. I see it, yet it is not my forte, in this Google has a massive opportunity and so far no one saw the setting on their retina’s, or on their displays. As I see it Google Maps could be extended and it could extent YouTube creators. Yet I see no start of this, as such I decided to make it public domain and let you all fight over it, or fight over it with Google. You see during lockdown I mentioned that there are all these city walks, yet no one considered to link them to Google maps and to combine them, so that someone looking at the map could click on the YouTube video giving us a real view (more than street view). So when we look at the Map of Toronto (Johny Strides), London (Mostly Walking), Monaco (Tourist Channel), yet also in the other direction. There is for example POPTravel giving us Stockholm, Munich, Heraklion and London. All stages many want to see, but no one made the connection to link these sources to Google maps (or any other map for that matter). I wonder why, if information is selectable, sliceable, dice able and optionally can be set into a funnel, why did no one consider that the funnel can be reversed and that sliced and diced information can be aggregated, so I am a little surprised that this service was not added, making more people look at the information that w could see (via
Youtube). I know that some maps show images, but the city walks are a great source of impression. I wonder if no one else made that leap and it could spur YouTube members into optional additional creativity.

Where is the walking route?

Just a thought I had at 10:34 (after a cup of coffee, who is demanding credit for the thought), A stage we all face, we all have and whilst we all make statements like this, until the thought is set to paper and set to the public it basically does not exist. It is one of the oldest rules. If it is not written down it does not exist. I think it comes from the age of Caesar Augustus (63BC-14AD), so it is not a new rule and many should know this part, or they should have been made aware of this.

Good hunting and good fortune to you all (or is that Google hunting for good fortune?) 

Leave a comment

Filed under IT

Lest we forget

This is not some Marilyn Mason album (which was really good), this is not some WW1 reference. This is in part an accusation of the media, in this specific case the Canadian media. I stumbled upon this by mere coincidence. In the age of lockdowns I tend to watch a lot more walk video’s, the more extreme (location) the more I want to see it. I have seen a fair bit of them and there are several really good ones, so in the age of lockdown I have seen the streets of San Francisco (I had to go there), Monaco, London, Los Angeles, Montreal, Toronto and several others. So this evening I saw (at https://www.youtube.com/watch?v=uRuRPszR0-8) a Canadian style Christmas market in Monaco and it looked awesome. So why did the Canadian media not put this out as a human interest story? There was an ice rink, a sled hill (no real snow), stalls on Quebec, Ontario, generic Canadian and it was awesome to see in quality. I reckon that when your nation gets a cultural boost in a place like Monaco a single page on CBC or even Global One is not overly weird, but I did not see any of that. 

I reckon that if the subject was Australia, the UK or the Netherlands their media would go all out on it (an assumption on my side). So why are the human stories neglected when it is not the brassiere of some celebrity the story goes to the ‘horse no show’ category? You think I am kidding, but seek events that are international that impact your nation, who gives it any kind of visibility? And lets face it, Monaco is not any place, it is the place where the richest of the rich live (help me out here Jeff ;-)) it is subtropical and the temperature is around 23.4 degrees Celsius warmer than it is in Vancouver, Montreal, Toronto, Quebec or Ottawa, so the idea of watching people in a winter stall in summer outfit will work well on anyone. So why are these events missed? This might be the one I noticed, but I feel certain that it is nowhere near the only one.

So you take a look at that video (especially if your Canadian) and consider why it was missed, a Christmas stall is a Christmas stall and it will always pique the interest of someone, especially if it involves a group of people eating Poutine right next to a Louis Vuitton shop, don’t you agree?

And let’s face it, seeing the locals there having a go at Canadian Bacon will be worth the watch too, but that is merely my sense of giggles turning a frown upside down.

Leave a comment

Filed under Media

When is limelight a void?

I stumbled upon an article be Al Dia Politics. A source I do not know, but I saw something that reflects on my findings. The article (at https://aldianews.com/articles/politics/what-happened-revelations-pandora-papers-latam/68469) gives us ‘What happened to the revelations of the Pandora Papers in LATAM?’ My first feeling is ‘What Revelations?’ You see, the ICIJ and everyone parroting them is a group of emotional flamers, flamers never bring revelations, they merely say they do and then spin that shit, they always do. So when I see “After the results of an investigation last October revealed tax havens for the world’s most powerful, after-effects have been null and void.

As I see it there are two reasons

  1. There was never a summary of who was involved, it is merely a beacon to flame things as many flames as possible, especially by these essay writers (aka journalists). 
  2. Were there any crimes committed?

These two give an inkling that there was nothing to act on. The stage is that zero tax havens are legal, the UAE, Monaco, Cayman Islands, Bermuda, Andorra, Bahrain and a few others are nations that have zero tax, it is their approach to make things run and attract investment dollars. They have a legal right to do this, it is the other nations that have not cleaned up their tax laws (including the US and several other nations). 

Why does this matter?
The US has a little over 24 hours before it hits its debt limit as per Janet Yellen’s statement. So I reckon it will take a day before the media will flame leagues of tax the rich articles claiming that they are merely reporting. It is also almost a month away since I made the claim 25 years ago that tax systems needed to be overhauled. So there are two reasons to watch this from the sidelines. A stage that I will enjoy because no matter how bad my situation is, I was right all along and when I checked certain counters, it seems that other documentation will hit here too, the counter is around 75% of where it needs to be. 

Then (back to the story) we see something that might be a revelation “It is important to remember that the names revealed by the investigation have been involved in the diversion of capital and the concealment of fortunes, which translates to tax evasion. Among those involved were Sebastián Piñera, president of Chile, and Guillermo Lasso, his counterpart from Ecuador, and their respective governments investigated them seeking to find evidence to remove them from office.” There is a chance that the Pandora papers were an CIA and NSA operation to secure funds for the US whilst changing the political lands they were facing. This matters because no government has ever done this to this degree. It could show that the US is truly desperate without pissing off their friends (like the Koch family), it also means that there will be no overhaul of tax laws making matters worse for them and perhaps two other players.

There is a larger political stage, but I am not the best source for that, especially in Latin America. But it also draws a few other settings, the fact that the ICIJ would make no attempts to find the source, this reeked and the ICIJ should have known better, because there is now the need for a list of 600 essay writers that catered to the US governmental needs, people never considered that part did they? And it helps the US to get flames rolling on their ‘tax the rich’ groups, especially when the need is escalating way beyond dire. And I am not one to be nice, especially to certain groups that think that they are above anything, so there will be a need for these 600 names soon enough and then? How much credibility will these newspapers and media outlets have when that comes to light?

We see all these articles on house meetings and investigations, but we see nothing on results and reporting of that nature. OK, the Guardian did have a piece where we saw in October regarding former Prime Minister Tony Blair “While there was nothing illegal about the transaction, and there is no evidence the Blairs proactively sought to avoid stamp duty”. A hole page of wasted space, mentions of ‘could’ and no substance. And in all these months no dashboard (something I would have started in the first hour), the limelight on void issues, no illegality and merely stomping and pretending. So, yet in a trove with 12,000,000+ documents, the CIA/NSA will have something for you, but is it stuff you care about? 

At this point I care about that list of 600 essay writers and the amount of money they cost whilst not bringing anything real to the media. I have actually met troll-hunters who got more real work done in one day that these 600 essay writers in months. Ponder that for a second. 

When the media is setting up the limelights to waste it on a void, you know that they are catering to a powerful population and we get no real information because that would make some people really nervous at present. So I am guessing that there will be a new wave of ‘tax the rich’ this month, all whilst the Us (EU too) have not overhauled any of the tax laws that required overhauling. What say you?

Leave a comment

Filed under Finance, Media

The blank stage

There is a stage, it remains blank. It is not a real stage, it is a stage in our minds. We all have one, there is no exclusion. Yet there is also a stage that we fill with assumptions, with presumptions and with unspoken accusations. We all do it, I do, and you do too. This all started during the night. I dreamt a new story, a dark one, for my doing a really dark one. It is set around the corrupt, a smitten hard burning love at first sight and the rage that follows. My mind is currently naming it ‘Wrath’, it is not merely the wrath of a person, it becomes an escalation when the people had enough, when they are pushed into a corner too hard, not unlike the main character and their response will be ‘interesting’. I need to do a little more research, but the law cases I saw in Australia seem to cover a lot, I reckon that if I look harder in the US I will have all the legal settings ready for the story (if I get around to it). I am still filling in the blanks in ‘Keno Diastima’ and I only have the smallest of basic foundations of ‘Vita Exhauriunt’. Most of ‘How to assassinate a politician’ is complete, but there I feel that more needs to be done, I need to add a cog, a need to add a few more parts. This is hardly a one hour story. But then, I never published an actual script before. Yet I reckon that ‘Wrath’ might open the doors to two of these solutions. So as I started to surf the internet to see if something could wake up my mind, I saw something else. Something I wrote about, something the media at large seems to ignore. So when we get to the story two days ago by the ICIJ ‘Pandora Papers journalists face government backlash for investigating financial secrecy’ (at https://www.icij.org/investigations/pandora-papers/pandora-papers-journalists-face-government-backlash-for-investigating-financial-secrecy/) something stirred in me. It was the quote “The Pandora Papers is a global investigation led by ICIJ, published earlier this month, that included more than 600 journalists representing 150 partner media organisations from 117 countries and territories. Based on a leak of 11.9 million documents of 14 offshore services providers, the trove revealed the secret holdings of more than 330 politicians and high-level public officials in more than 90 countries and territories, including 35 country leaders. Ambassadors, mayors and ministers,  presidential advisers, generals and a central bank governor appear in the files”, I almost had forgotten about it. The station that this was a leak, it was not. When we see “14 offshore services providers” all whilst at least two of them have above average protection, this has not a leak. This was a hack, a hack by a government player (most likely the USA) the tax issue is setting the wrong steps, there was a delay, but that delay runs out in 8 weeks and in 6 weeks the ‘tax the rich’ BS starts all over again. In all this time the ICIJ NEVER gave anyone a top line summary. Things like nations involved, like nations with the amount of politicians involved. Not names, a mere tally. So far the ICIJ sounds as useless as the stories they give us and when it comes to stories, I am seemingly better then they could ever hope to be. 600 journalists and no one in all that time create a dashboard for the people to see the impact. We see accusations against Tony Blair, yet they also hid inside the story that he did not break any laws, so how useless is that. Apart from the screaming need to overhaul tax laws, something I have been advocating for well over a decade and the NSA hack (the most likely player) was not required. And the agreement, or better stated the quoted agreement that the ICIJ would not go after the source is even more lame. How stupid do 600 journalists need to get? In the end there is a chance that some of them will move ALL their wealth to Nassau, Dubai, or Riyadh giving the other nations ever more to worry about. There are options for Guernsey, Jersey and Monaco. The US and a few more places would lose out, Wall Street would suffer greatly (not the worst idea) and that is merely thee beginning, the EU would also suffer to a much larger degree, all because a few players would not clean their rooms when they were supposed to do that (2009-2011), it has been playing for well over a decade and as people are flim-flammed into looking at environmental issues, we see that the media still has not taken a hard look at the European Environmental Agency report that has been out now for almost a year. Why is that? Is a hard look into the mirror not sexy enough?

Now, we might all think of giving the ICIJ and their 600 journalists time, but they’ve had months, and so far the setting of a dashboard that gives us the stage of no laws broken (especially the billionaires that have pushed through legally available  means their fortune in zero tax havens) should cover well over 60% of these documents (a fictive number). The simplest setting that you all can see is the missing tally, the guardian gave us a tally of what to look through, but they had the 330 politicians, so that part could have been clearly given and a dashboard does not show criminal sides, it is merely that a tally, but I reckon that the tally shows that most of these people are in places the bulk of us do not give a hoot about, just like the billionaires. How many are people of royalty from some Arabian nation? Then we get to the remaining billionaires and we will see that they broke no laws, when you get to that point you get to the stage how useless the ICIJ was from day one and how they blow their own horn whilst these 600 people might be obsolete. I cannot guarantee that, but the assumption might not be far off. 

The blank stage is filled, and as assumption and presumption shake hands the stage goes from black and white to a malleable version of grey where we cannot see the difference between the black and the white. It was that from the very beginning, I pretty much predicted that in the first hour. 

Leave a comment

Filed under Finance, Law, Media, Politics

Is wealth $$$?

An article threw me yesterday. It was given by the Dutch News agency NOS, it was not merely the title, it was the entire setting that threw me. So as we are considering the translated title ‘Dutch in 4th place richest citizens worldwide’ (at https://nos.nl/artikel/2401433-nederlanders-wereldwijd-op-4de-plek-rijkste-burgers) we should consider the list that Allianz seemingly gives the viewers. In that list we see: 

  1. USA (218.000 euro) 
  2. Switzerland (212.000 euro)
  3. Denmark (149.000 euro)
  4. Netherlands (129.000 euro)

Now, that would be fine were it not that there is a place in Europe called Monaco where the average wealth is 1,824,177 Euros, it might be all those billionaires and multi millionaires in that place. Then there is Luxembourg with the average 663,661 euro’s and that took seconds to check, so what does Allianz think it is doing? They give us “The report ranks the assets and debts of nearly 60 countries” I see this as a report that heralds filtered information bringing. Some call it lying but I think they are bonkers. It seems that news, the media, and politicians are all about filtering the information. It reminds me of someone. Ah yes, was that not a premise in George Orwells 1984 as well? 

And when we reconsider “nearly 60 countries” what are the chances that none of the zero tax nations are part of that? And when we consider “Switzerland ranks well on the list because the country attracts a lot of wealthy people, due to its low taxes.” Might this all be a ruse? I have no idea where they are going with all that, but they have a plan. A place like Allianz has the German grundlichkeit, so something is up. Now if that report had a separate section for Zero tax nations I might have had some peace with it. Yet when we search further we see “According to BMO, the average Canadian household now has more than $1 million in total assets, even after accounting for debt”, we got that last July, as such is seems that the average Canadian is twice as wealthy as an American, so what is Allianz doing this and more important, what the fuck is the Dutch NOS doing publishing an article without proper vetting? 

And that leaves us to think, is wealth really about ‘$$$’, ‘£££’, or ‘€€€’? Me and many others (especially as we do not have it) believe it to be so, but I will accept that money gives less complications and as such we would be happier. And there we have the rub, do we really have less complications as we are being lied to? 

In this is filtering the information we get a new form of lying? That took me back to 1984 (not the year). I remember when I read it and a few parts never made sense. One of those were “But if thought corrupts language, language can also corrupt thought”, I had an issue because if we (me claiming to be me) are of pure thought (not some paedophilic clergy edition) how can we be corrupted? I learned that over the years. I was lied to from basic school onwards. The christian invasion in the middle east was not to protect any land, not even a fictive holy one, so as we go on we were lied to more and more and it was not a point of view, the Crusades gave us that part. It would be a few more years as I got a hold of one sided information and later on filtered information the circle was nearly complete and now we see a larger stage, the last bastions of actual news reporting are now falling. The pointing powers behind the screens are now afraid of everything that comes and they will force new slogans like ‘tax the rich’ onto the people setting us up for some small version of civic war, but they will call it something else. Some form of social war. 

Yet there is more, The Global Wealth Report 2021 (at https://www.eulerhermes.com/content/dam/onemarketing/ehndbx/eulerhermes_com/en_gl/erd/publications/pdf/2021_10_07_Global-Wealth-Report.pdf) gives us more. Allianz gave that report to the world and even as the NOS bongs it, it does not mean that I need to do the same, does it? And on page 38 I see the first part, the part that shows grundlichkeit. There we see “Debt in the US represents 81.5% of output, while in Canada household liabilities are 114.7% of GDP. The ratio increased substantially from 2019 (US: 76.6%; CAN: 105.3%), not so much because of the increase in liabilities, which was also at highs not seen since 2007 (EUR522bn), but rather because of the sharp economic contraction of 2020”, as well as “There are still 2mn borrowers in debt forbearance who are vulnerable to financial distress once the forbearance programs come to an end. As of today, debt delinquency is not a problem. But going forward, when the pandemic protections expire, the historical debt burden in the US, not just among households, but also related to the government, might become a risk factor in the road to recovery.” OK, so that sounds better, well not that much better but at least there is a large solid pedestal it is all build on. On page 19 we see some graphs that explain the list (even as Switzerland was number one) and the other charts show that there is a larger story and we also see that none of the Zero Tax places are included. 

So as a non-economist I do grasp decent parts of the report, but what boggles the mind is how the NOS set the stage to what it published. Especially when we consider page 38 giving us “the historical debt burden in the US, not just among households, but also related to the government, might become a risk factor in the road to recovery.” When we read this with a debt of $28,000,000,000,000 How are they the richest player? When that debt goes south, they will be worse off than Mexico ever was (my speculated view). And when we see the list on page 52, we see where the NOS got its list, yet when we consider ‘by net financial assets per capita’ or to the right of that where the Swiss are number one and USA is number two giving us ‘by gross financial assets per capita’, I feel there is a lot missing (mainly that I am not seeing it all), but the report does show a whole range of issues. It also gave me the surprising view that Germany is way behind nations like Belgium, New Zealand, Italy, France and Israel. A stage I never expected, but that happens when you have a partial view, I personally believe that this is report is a partial view but that is not a bad thing. It is not some filtered view, it is a partial view of the elements that set the assets and equities (a stage that I feel happy I never understood). And that is not on Allianz, but the flaky article that the NOS is giving its Dutch citizens is on the NOS. For the life of me I have no idea where they expected to go, a 55 page report created by a dozen economists reduced to a 5 bullet-point article by someone who could never have been an economist. That’s today’s media for you. 

Leave a comment

Filed under Finance

We are the tools

Yes, we are, you, me, we all are and the evidence is all out there. So let’s start with the global comic relieve that we call the ICIJ (International Consortium of Investigative Journalists). We all see the headlines, global headlines and 600 secretaries (they call themselves journalists) are out there giving us what we think are the goods. To phrase an example we take a look at the Sydney Morning Herald (at https://www.smh.com.au/business/the-economy/australia-has-become-a-go-to-destination-for-dirty-money-leaks-reveal-nation-s-tax-weaknesses-20211007-p58y2i.html) it is a mere example what is going on out there. A collection of people no one head about, no one cared about. A collection of tits and dicks all striking their own ego, their own needs and the audience is gobbling it up. So when we are given phrases like “ALP senator Deborah O’Neill has launched an inquiry into Australia’s AML-CTF regime and is seeking industry feedback on the costs and benefits of broadening our laws to include accountants and lawyers to bring Australian laws into line with international standards to prevent financial crime” Yet here is the problem. It is ‘prevent financial crime’, in this that we also see from other sources “the line between tax avoidance and tax evasion has become so blurred we need to act against both” and there is the real problem, a stage I told people for well over a decade. Tax laws need overhaul on a global stage. And the setting too often is that there were no laws broken, these people might act against the spirit of the law, but they NEVER broke the law. And that is the stage, 600 typing tutors cannot give us the goods, because as I speculate, the real goods were never there. Yet someone in the ICIJ decided not to investigate the origins. Interesting not? So whilst we focus on “Avoidance meant arranging your affairs so tax wasn’t due”, whilst we consider that politicians have given the wealthy and rich a little too much leeway these politicians are now hiding under rocks and they do not want the limelight. And whilst some are considering “It isn’t illegal for the celebrity or a politician to move their money (so long as it is theirs to begin with). Assets within the trust are subject to local tax laws (sometimes zero tax) and local secrecy laws (sometimes complete secrecy)”, they will get the idea that places like Monaco, Cayman Islands and Dubai have appeal to many people with a piggy bank that holds an 8-figure number or more. So when we see all these papers give us “the documents were linked to more than 330 politicians and public officials, including 35 current and former national leaders, in more than 91 countries and territories”, as well as mentions of billionaires and no one gave us a clear top-line setting, I saw one, just one in a stage with dozens of papers and on less than 50% of the politicians involved. Yet none in the US, none in Canada, none in Australia or New Zealand, it is optionally possible, but 50% of that rundown was missing. And 600 secretaries had no time to look into it? As papers keep on handing us “a two-year effort to sift through 11.9 million confidential files leaked to it, aided in that effort by more than 600 journalists from 150 media outlets.” No one had the idea to give us a tally, a top-line? So far how many give us a list of ACTUAL criminal events? Tax Avoidance is not illegal, owning and residing in a zero tax nation is not illegal, so what is this about?

Now consider another station I made mention on. Consider the names Jacob A. Frenkel, Tharman Shanmugaratnam, Guillermo Ortiz, Jean-Claude Trichet, Geoffrey Bell, Roger W. Ferguson, Jr., Arminio Fraga, Kenneth Rogoff, Janet Yellen, Zhou Xiaochuan, Domingo Cavallo, Mario Draghi, Yi Gang, Carmen Reinhart, Maria Ramos, Klaas Knot, Philipp Hildebrand and Kenneth Rogoff. All part of the G30 bankers list, no mention at all? These people move trillions, there is no way that there is no mention of them in any way, but the press seemingly avoided that small part, or the source data was stricken of them, making this an exercise of some sorts and no one caught on? How come?

And this is not in you, that is on the members of the media (including those who think that they are journalists, or got the degree and faked their way through life). 

A simple setting of bankrupt nations painting the wealthy as the criminals, all whilst the politicians were a lot more to blame in all of this, 2 decades of ignored overhauls and no one catches on? 

The sanctimonious BS that the media is feeding us sickens me, it really does.

Leave a comment

Filed under Finance, Law, Media, Politics