Tag Archives: Netherlands

February 5, 2024 · 02:54

van Speijk paradox

It is not a real paradox, although I would claim it was one. I was looking at the Russian losses and I was looking at the Forbes article (at https://www.forbes.com/sites/davidaxe/2024/02/03/complete-stupidity-and-incompetence-as-two-russian-tanks-collide-while-attacking-near-donetsk/) when a few things came to me. There was the case of a police force known as the comedy capers.

You see, when tank commanders are so ‘untrained’ optionally short sighted that we are given ‘Two Russian Tanks Collide While Attacking Near Donetsk’. Some tankers would call this utter stupidity. I am not gifted with tank experience, as such I cannot say that. But the overall the light of Russian intelligence is dimming. To see this, we need to take a look at exhibit B.

There we see that the tanks have been diminished by almost 48%, APV’s are down 42% and artillery systems 46%. The 20th strongest army in the world did this to the 3rd strongest army in the world. I spoke earlier about the logistical farce that is the Russian armed forces and on that note we see several other failures.

What is the van Speijk paradox?
Van Speijk was a Dutch naval commander and on 5 February 1831 he decided that as he could not stop the Belgiums from taking his boat, he decided to fire into the powder room and boom went his boat in the harbour of Antwerp. According to some it was beautiful. He, his men and most of his enemies stopped living in that precise moment. The Russian paradox is there as these people should have known better. Their mistakes are dealt with in Tank operations 101. As such I wonder if it wasn’t intentional. Better be out of commission than blown up. But it is speculation, I have no evidence to support this other than the little I know from the 80’s. So are the soldiers that incompetent or just scared? It is an important questions and I have no evidence one way or the other. The one part I do know is that the Ukraine send 387,940 people for fitting into body bags to be shipped back to Russia. That short war is now 2 years, some short term war and it is getting worse. With the rearmament of the Ukrainian forces and the Russian forces losing more and more hardware (specifically tanks, APV’s, airplanes, helicopters and that list goes on. Russia is losing this and the Russian troops are demoralising more and more. 

It all sounds good for the Ukraine, but there is a snag that is starting to show up. We are now mere steps away from Russia becoming desperate and that tends to be a bad thing. No matter what they do there is most likely a European impact. That is what I feel is likely to happen. Scandinavia and Germany are the most likely targets, but I am speculating here. On the upside a war on two fronts will break Russia. Their logistics are shoddy, their trained staff is mostly dead and what gets conscripted will do so without decent equipment and spring is at least 8 weeks away. All that adds up to a riddle of bad news for the Russian forces and it leads to more demoralisation on the Russian front. 

You will consider my view to be wrong and that is fine. But you just look at the Russian losses numbers and all the news from Russia and see where that point of view leads. 

Have a nice day.

Leave a comment

Filed under Media, Military, Politics

Tagged as , , , , , ,

January 26, 2024 · 17:00

What is the real fear?

That was the first thought that hit me when I saw several articles like the one (at https://www.theguardian.com/business/2024/jan/25/emirates-backed-stake-vodafone-security-risk-uae-uk-government) where we are given ‘UK says Emirates-backed stake in Vodafone poses national security risk’ and my first thought was ‘What?’ Now, lets be clear, I have no idea how true the statement is, for the longest time I saw Vodafail as a joke (I was a victim of their not so nice side a decade ago). Vodafone is almost everywhere (EU, UK, Australia) so why is the UK the only one crying foul? 

The article gives us “The Cabinet Office issued a notice late on Wednesday warning that the 14.6% stake held in Vodafone by Emirates Telecoms, amounted to a security concern given Vodafone’s strategic role in the UK’s telecommunications services.” Now, I don’t see the danger, but that might clearly be me. This is not my cup of tea. But all these companies whoring for dollars and investors have been playing on every field and now it is an issue? How about the board of Vodafone not whoring for investors? And why is the less than 15% a security risk? Then we are given “That move triggered the government to look into the deal under the National Security and Investment Act 2021, owing to Vodafone’s importance as strategic supplier of the UK government and being involved in the country’s cybersecurity infrastructure. However, the government had not previously made any public announcements saying it was looking into the partnership.” Now, as I personally see it, that act is 3 years old. At the moment of creation, why was there not a clear message that anyone involved in investing in infrastructure is prohibited in ‘courting’ investors? There is a clear case that if this is indeed stamped a security risk, there is a chance that the UAE can reclaim investment plus 50% damage bonus and Vodafail better cough up that dough (obviously they will charge the UK government for that).  

My question becomes ‘What is the real fear?’

In sight of “Under the terms of the strategic partnership, Emirates Telecom can increase its stake to just under 25%, while also having the opportunity to add another executive to the board if its ownership tops 20%.” I merely wonder what the danger (if any) there is. I honestly don’t know. You see Vodafone is in 16 countries and is stated to have over 160 million customers. If I had the money I might consider that and there has been several messages over the last 2 years that Vodafone cleaned up their act and services. There are several deals, mergers and investigations in place that give rise to the simple fact that certain people are placing their chess pieces (corporations) and they are (my speculation) in a stage that they do not want the UAE to be part of any of this. There is of course another option for the UAE. They could start to collect other telecom corporations and chisel the Vodafone slice down to a manageable size. I personally would start by grabbing places that give access to Germany and France, Vodafone has too much power there (and in some places too shoddy reception) and form there grow the market. France and Germany when properly grown would give access to Belgium, the Netherlands, Switzerland and Austria. From there Germany allows growth towards Poland and Czech Republic. It is a much slower path, but I reckon that these loud mouthed politicians will run for cover when Vodafone suddenly is worth 25%-35% less. Let’s be clear, I have no idea how there is a security risk ad we aren’t given that in any clear way, but as I personally see it “a security concern given Vodafone’s strategic role in the UK’s telecommunications services” if that was really true, why was Vodafone allowed to start partnerships? Is it to attract American dollars alone? I have no idea but the UAE and the KSA are the only ones with a credit card that is not maxed out at present. 

I am not telling you this is wrong, I cannot tell. I am asking what is the real fear? Because that is the larger issue in this instance. Just my €0.02 on the matter.

Enjoy Friday that is about to start for most of you and it is gone for 71% for me at the moment, but Saturday is just behind it.

Leave a comment

Filed under Finance, IT, Law, Media, Politics

Tagged as , , , , , , , , , , , , , , , ,

January 2, 2024 · 23:28

Change starts now

Yup, that is the setting. We can ignore it. We can deny it and we can oppose it. All choices that any of us can make. Are they correct moves? You tell me. I am not saying what you need to believe, I cannot say what you have to trust. But change has started. It basically started lat year, but now the changes start adding up. To see this we need to see the article in the Saudi Gazette (at https://saudigazette.com.sa/article/639241). There we are given ‘Spending of visitors to Saudi Arabia soars 72% to SR100 billion in first 9 months of 2023’. Now we can wonder how much it is, but it amounts to $26,000,000,000 dollars more spend in the Kingdom of Saudi Arabia. Some will say ‘so what?’ And I get that, I have nothing to gain there either. But the fact is that the bulk of all tourists can only spend their money once. This implies that the 26 billion spend there is not getting spend anywhere else and that will matter to a whole range of people. Now, for the most I reckon these are Muslim tourists and they decided not to spend it in Amsterdam, London, Paris or some place in America. The part of the 72% more also matters. It means that as a tourist destination Saudi Arabia is starting to appeal to a whole lot of people. It means that plenty of other economies will not be getting them. As such, when a place like Australia gets only 1 billion less, it will be felt on most corners of any street. Not much mind you. However, there will be an impact. So, what do you think the impact is in London, or even America. America has had bad news after bad news and now there is one indicator that tourism has been impacted in America. It is only one indicator. I reckon that if places like Dubai also sees a larger growth. Places like Tokyo will most likely lose out. 

The fact that Saudi Arabia has been trying to appeal to a larger audience for tourism goes way beyond Islamic tourists. The moment their winter resort and their other places start opening up in the next 4 years, European and American tourist destinations will need to cater in a whole new way and they are for the most broke. They catered to self for so long that there are too little reserves left. The fact that more and more people are considering the UAE as a theme park destination over Disney-world is only now beginning to sink in. Ron DeSantis really messed that up. We get news messages like “Yes, fewer people are visiting Disney World, but the company has shown that it can raise profits by doing a better job serving fewer guests.” It is my speculations that either revenue goes down, or they will cater to a ‘wealthier’ audience, which implies it is a slippery scale to bad times for them too. Then Florida lose a 1 billion investment option by Disney (thanks to their own governor) and at that point an image starts to shape. Be careful what you see, because one swallow does not mean summer has started. Yet the larger stage that Saudi Arabia is creating will imply that their $26 billion windfall is merely the start of more. It does not guarantee success, it merely means that failure is almost no longer a consideration for Saudi Arabia. These things are not the same. But the thing that matters to me is that if that amount was spend there, it was not spend anywhere else and that is the stick that western tourism needs to deal with. There is every chance that it is already to late. There are a few indicators that the Muslim population (which is closing in on 2 billion people) are selecting Saudi Arabia and the United Arab Emirates as their destination. That is the takeaway that I am seeing from a few articles, not just the one I am referring to now. 

There were more indicators and I wrote about them last year, but to see the result of 72% more in the last year is a definite number that has a much larger impact on global tourism. We will hear all versions of wisdom on how ‘experts’ say that there are solutions. I wonder where they are. You see the west and America specifically haunted the Islamic population and that population is looking for other places to visit. Now this will not imply all Muslims, but consider that 400 million go on vacation in 2024. The chances that they select Saudi Arabia and/or United Arab Emirates over all other destinations is not a large call to make. These players have been catering and perfecting their offers for a few years now and the hostilities they all faced everywhere else has them reeling for a solution and these two players have offers in spades. So as we see 2024, we need to keep an eye on what revenue goes where because the impact is close to global. 

Change is starting to become visible now, but it started last year and as these two deliver more, more and more muslims will consider another place to visit. Preferably in a place where they get a decent treatment as Muslims. It was never a hard sell, it was pretty obvious to begin with.

Enjoy today.

Leave a comment

Filed under Finance, Tourism

Tagged as , , , , , , , , , , , , , , ,

December 31, 2023 · 07:56

Here come the drums

That is the setting I saw yesterday. In the Netherlands We hear from the General of the army, or as some would say ‘hoogedelgestrenge generaal Martin Wijnen’ In most not so Dutch linguistic settings we can suffice with General Martin Wijnen. (At https://www.express.co.uk/news/world/1850033/dutch-army-war-russia-eu-nato), in the article ‘Dutch must prepare for war! Army boss BEGS nation to arm up ‘as Russia getting stronger’’ we see the clear warning. There are too many indicators that Russia has no intent on stopping with the Ukraine. I used the British Newspapers Express. They weren’t alone, but at times we need to change venue. Whilst we might not agree with “The Dutch army chief has raised the alarm that “Russia is getting stronger” and that leader Geert Wilders, and his counterparts in the EU, needs to better prepare the Netherlands for war with Putin’s forces.” The clear truth of the matter is that Russia is about to mobiles up to 2.2 million soldiers. It is the old ‘dumb marketing strategy’ throw enough resources at a problem and the problem goes away. No matter how strong the Ukraine is, with that many additional soldiers they can just throw themselves at the Ukrainian battlements until the Ukrainian bullets run out. Not really the humane approach, but we never bothered to call Vladimir Putin out on that quirky detail did we? 

We were also given “The Netherlands should not think our safety is guaranteed because we are 1,500 kilometres away [from Russians].” I tend to agree. The fact that several nations are now sending weapons to Russia is also a factor. Russian junk is about to be replaced by working materials. The Ukrainians might have sunk a boatload of drones, but that is not all that is going there, is it? 

In addition we were given “The Netherlands is one of the founding members of NATO and is a staunch backer of Ukraine. Last week, outgoing PM Mark Rutte announced that his country would be sending Volodymyr Zelensky 18 F-16 fighter jets to fight the Russians.” Russia is unlikely to take kindly to that and there is no indication just how ready Germany and Poland are for an direct conflict with Russian forces, that 1,500,000 meter barrier is not going to last long is it? The best outcome is to make sure that the Ukraine wins this war, but at the speed that Russia is bombing the Ukraine, there might not be much left of it in the next 26 weeks. After that? I fully believe that the Ukrainians will fight for every inch of the Ukraine, but when there is nothing left one of the few options remaining is to fight Russia in Russia and that is a very different war, one they are less equipped for. 

As such I believe there is a lot of merit to the words of Martin Wijnen. The fact that the new Prime Minister of the Netherlands is pro-Russian will not help matters much, although the moment one assault on the Netherlands takes place he better change direction, or become the first Regent to face the deadly mobs since the execution of Johan de Witt on August 20th 1672. But not to worry, I feel certain that the media, YouTubers and TikTokkers will be there to cover it all in 4K.

The words of the general sound true. There is a worry and the worry should not be trivialised. No matter how it continues with the Ukraine, Russia needs a win, it needs one soon and Putin needs one to appease his Kremlin cronies. 

We have seen the damage that the Ukraine has dealt Russia, but they have a lot more and some of it actually works. My biggest fear is that Putin takes a lesson from the Hitler playbook and takes out a city in the Netherlands, not unlike was done on May 14th 1940. To think of that, how long until France, Germany and Belgium face that very same danger? I have no idea, and I reckon the rest of the world would instantly turn against Russia, still, there are too many ‘what if’s’ in that equation and I (for the most) hate what if settings. It fuels too much super good, or super bad thinking, extremes away from the expected and most unexpected norms. It fuels the wrong part of the thinker, which I personally believe is never a good thing. 

In all this General Wijnen is not alone in this setting, but I do believe too many nations remain silent on the matter. Germany spoke out for strengthening their armed forces, but in this setting the United Kingdom did not, neither (as far as I am aware) did France and for the most their Legion Etrangere is the only one ready to face whatever comes their way. And these 9,000 troops, their Legio Patria Nostra (or as I gigglingly call them, the well educated fathers of the night) could deal with about 40% of the total of Russian forces, but what would be left for the Dutch? OK, still enough, but France and Belgium better get ready to consider the darker setting of Europe as we consider the words of General Wijnen. 

So now on a lighter tone, it is time for the same joke I have been telling friends for well over a decade.

Q: Do you know the definition of sex 2023?
A: Todays is the last day to find out.

Enjoy this final day and stay safe around fireworks.

Leave a comment

Filed under Media, Military, Politics

Tagged as , , , , , , , , , , , , , , , , , ,

December 26, 2023 · 13:16

Canada betrayed

This is how I see it. It started a few days ago (at https://www.bbc.co.uk/news/world-europe-67787843) I was dragging my feet a little as I wrote about that Dutch monster during, or just after the trial. And now we see ‘Amanda Todd: Dutch court cuts jail term for fatal cyber-stalking’ where we are given “had his sentenced more than halved”, as such, how fucking insane are Dutch judges? To give you a little part, consider that this man had “Coban sent Amanda more than 700 online messages” (read the court transcript at https://www.bccourts.ca/jdb-txt/sc/22/18/2022BCSC1810.htm) we are also given that the stalking and bullying by “Coban began targeting Amanda Todd on social media in November 2009, when she was 13, using fake accounts to lure her into performing for him on a webcam.” And when we saw that “Amanda died aged 15, weeks after posting a video detailing how he had tormented her online for years”, as such she went through hell for years and this is how the Dutch jurisprudential setting treats this? So how about we all do to their children and grandchildren to what the Dutch system condoned for? How ‘forgiving’ will they be then? I wonder how adjusting they will be until they get skin in the game and there is a premise for this, the 700 messages, close to one each day will give us the accepting nature of this rage. And when we see “Explicit photos of her had also been leaked online.” The anger based person is wondering if any of the judges daughters or granddaughters have explicit twats to show the world? Is it their fault? No, it is not. But neither was it the fault of Amanda Todd and she isn’t given any consideration here, is she? The decrease of his sentence, that monster is making it so. Then we are given ““I’m feeling quite comfortable with the six-year sentence today because there was a chance the sentencing, conversion sentencing, could have been zero,” Ms Todd said.” I feel like I should agree but I cannot. She is right with the zero part, but consider that he was given “13 years by the court in British Columbia, he was returned to the Netherlands and the court in Amsterdam was given the task of converting the sentence to Dutch standards” one could argue (and I would agree) that 13 is a fair amount, “Coban had already been arrested by Dutch authorities in 2014 and jailed in 2017 for 10 years and eight months.” And that is part of the issue, there is every chance that now that verdict is done for, at the most another 2 years. So will he remain in prison until past 2030, or will some clever lawyer claim that this constitutes some form of Double Jeopardy? You see, that means that a person “In jurisprudence, double jeopardy is a procedural defence that prevents an accused person from being tried again on the same (or similar) charges” and in this case it is the “or similar” part that matters, it is everything here and cyber stalkers are repetitive monsters. That is where my rage comes in. I have always seen the internet as a source for good, for information. A monster like Aydin Coban does not deserve to be here. I will go one step further that I would voluntarily go to Tartarus to keep him there for all eternity torturing his soul until he is the last person in this universe. 

That is quite the bold claim, but I believe that is the very minimum that a person like Amanda Todd deserves, to be able to watch her tormentor being tormented for all eternity. Too bad the Dutch legal system hasn’t caught up to the massive injustice that they are doing the people. 

That is merely my point of view, and as ever, I could be wrong.

Enjoy the Christmas spirit (there are 4 according to Brittlestar) and Charles Dickens agrees.

Leave a comment

Filed under Law, Media

Tagged as , , , , , , , , , ,

November 23, 2023 · 23:23

A dangerous escalation

Before I go into the story, I need you to know something. Hamas is a terrorist organisation, no doubt about it. Governments and the United Nations are bending over backwards to avoid phrasing any sentence that combines Hamas and Terrorist. So I have been watching the ‘pro-Palestinian’ events. Too many are riddles with anti-semitics. And as some spokesperson from the United Nations, the simple looking broad with the saggy tits. I had enough. Israel has a right to defend themselves. Yet, I also agree with the actor Misha Collins, who on Twitter stated that what is happening now amounts to war crimes. I cannot disagree with him. Hamas is fully integrated in the west bank, into its populations. The hospitals (at least one) goes into tunnels with weapon caches. All issues. Now that you know that lets get into the article and the actual dangers that Israel is about to face. And Israel went bug-nuts, more then ever. I get the why, but the setting still stands. Israel is basically guilty of war crimes. I have no idea how they could have acted differently. Hamas killed around 1,200 people, most of them civilians and a large group of them children, people were kidnapped and taken into the west bank. Israel lost their cool and went nuts. 

The article (at https://ara.tv/6a4dp) gives us ‘Saudi Crown Prince calls on all countries to stop arms exports to Israel’. I get it Saudi Arabia is a Muslim nation, as such it will side with Muslims. Also on October 20th the BBC gave us “Prince Turki al-Faisal has publicly condemned both Hamas and Israel for attacking civilians” this matters to everyone. Hamas is now and will remain a terrorist organisation, even if the United Nations are in denial. The danger is seen with “Saudi Arabia’s Crown Prince Mohammed bin Salman urged all nations during an extraordinary BRICS summit on Tuesday to cease weapon exports to Israel.” The title gave us the goods, but it is now a more dangerous setting. You see Saudi Arabia is now a stronger voice in BRICS, they have the money, they have the economic future and that has been enough of an incentive for all governments to react. As I see these useless United Nations, the people who would not clearly act against Houthi terrorists are now even more useless. And when Saudi Arabia gets the upper voice, the UN is mostly done for. 

This is no boast, no grandstanding. The last four events West Bank, Ukraine, Yemen and Syria. In all these matters the UN achieved almost nothing, mere grandstanding and the fuel for a gravy train. That is all the UN now amounts to. So as BRICS grows and there is absolutely zero doubt that this will not happen. All kinds of nations will want a piece of that for their economy. That deflates the UN, sets larger issues with the EU and as you have seen in America, too many voices are not merely against Ukraine, they are more and more pro Russian. That is the future we see coming on all channels but the media is making a populist mockery of it all. And now that things need to be achieved the Kingdom in Saudi Arabia is hugely placed to make it happen. It gets to be worse (or better for me) for that. I once wrote the (partial) script of ‘How to assassinate a politician’ that politician is now the largest person in the Dutch election. Geert Wilders, the anti-Muslim far right voice has the most votes. I might just offer my writing again to Al-Arabiya, Al Saudiya, or Dubai TV. The fact that Geert Wilders is about to become prime minister of the Netherlands might make my script worth a few pennies. 

Still the larger station for Israel changes. There could soon be a setting that the State of Israel will end up standing alone. When America and the Commonwealth need to choose their economies or Israel is not entirely unlikely. I have no idea how that will play out, but as the Ukrainian pressures play out, Russia will be in a new stage. Side with BRICS and Saudi Arabia and end up with the tick of NATO at their front door, or make sure that Europe diversifies. The danger for Israel is not complete, but it is growing and Hamas ends up with winning a war they should never have been allowed to win. Because the moment a terrorist organisation wins a war, we all lose, no exception to that setting. That much is certain and the media stands on its own shores, the one with digital dollars, the populist voice. Because flames get responses, get clicks and sets the populistic people on a typing rampage creating even more clicks. 

Enjoy the day. It is almost Friday for me.

Leave a comment

Filed under Finance, Media, Politics

Tagged as , , , , , , , , , , , , , , , , , , , , , , ,

November 23, 2023 · 00:07

Changing gears

This is something I have seen an I have been confronted with in some form. Yet when the NY Times reported on ‘Why Banks Are Suddenly Closing Down Customer Accounts’ (at https://www.nytimes.com/2023/11/05/business/banks-accounts-close-suddenly.html). I was taken aback a little. This is not some case of criminal activity, that I would accept. Here we see “Bank customers get a letter in the mail saying their institution is closing all of their checking and savings accounts. Their debit and credit cards are shuttered, too. The explanation, if there is one, usually lacks any useful detail” with an additional “the telltale pause and shift in tone. “Per your account agreement, we can close your account for any reason at any time,” the script often goes”. There are two settings that come to mind (of the top of my head). The first one comes via Dutch journalist and entrepreneur Luc Sala “the world will have two types of people, those who have and those who do not” it is a statement he made 30 yeas ago and we have been moving towards that setting. A stage of enablers, consumers and others. The second thought that came to mind is seen with “Individuals can’t pay their bills on time. Banks often take weeks to send them their balances. When the institutions close their credit cards, their credit scores can suffer. Upon cancellation, small businesses often struggle to make payroll — and must explain to vendors and partners that they don’t have a bank account for the time being.” I see this as the case that to some degree saw with the SVB bank in march. They are so close to the edge that they are closing down all accounts that are not labelled as enablers or consumers. The algorithm is set to what in some circles would be called platinum or gold customers, the rest is cut as a liability. It is all so that they can continue a little longer. As long as they stay away from the edge they will be ‘safe; for another week (or two). And the explanation by Jerry Dubrowski, a spokesman for JPMorgan Chase, the nation’s largest bank with 80 million retail customers and six million small-business ones does not help. The stage where we are given “whose former account holders sent nearly 200 complaints to The Times” is a metric. So how many complaints did The Times get in the preceding 6 months? How many in 2022, 2021 or 2020? These are metrics that we can use and they would give me something to go on, most likely that the two reasons I just mentioned are not merely the most likely ones. It shows that I got it right. The second excuse “We act in accordance with our compliance program, consistent with our regulatory obligations” is seen by me as equally bogus. You see in June 2023, we were given “JPMorgan Chase is fined by SEC after mistakenly deleting 47 million emails” with the added text “The deletions occurred after JPMorgan’s corporate compliance technology department, which had been trying unsuccessfully to delete some communications from the 1970s and 1980s, sought help from an outside vendor managing the bank’s email storage”. Now consider that an additional 40TB for storage costs $2,899. Now consider the two parts “According to the SEC, JPMorgan has been unable in at least 12 civil securities-related regulatory probes to comply with subpoenas and document requests for communications that had been permanently deleted.” Is the first part. The second part is seen when you consider that these activities required the cost of an external deleter (this is not a free skill) and the fact that they tried to delete 53 year old emails implies that the setting was on shaky grounds to begin with. So where was the side of “our regulatory obligations” then? Then we return to 2020 where we see ‘JPMorgan Chase & Co. Agrees To Pay $920 Million in Connection with Schemes to Defraud Precious Metals and U.S. Treasuries Markets’ which amounts to another setting of ‘obligations’ as such the spin is turned back to JP Morgan Chase. This is about (my personal view) algorithm and the ‘dangers’ that these numbers represent. It makes my mind turn to a movie called Margin Call (2011) with Kevin Spacey, Paul Bettany and Zachary Quinto. At some point we get the quote “Fuck me… Once this thing gets going in the wrong direction. The losses are greater than the current value of the company…?” I do not think that the banks are there yet, but with my view on US treasury bonds several banks are now on the edge and they are trimming all the liable fat they have, so those who are not enablers or consumers are cut. I doubt it is only JP Morgan Chase, but they are the first to visibly twitch. If this is right those who saved ALL THEIR LIVES are about to lose a hell of a lot. 

Am I wrong?
That remains the question and it is a fair question and it can be debunked by giving the people (all of us) a clear list of where all those bonds are and who (especially banks) owns more than $50,000,000 in bonds. I reckon that several banks have way more than that and they relied on the quote ‘too big to fail’, but that myth has been taken to bed and treated to the medicinal use of a 12 gauge. 

As such my view could be dispelled easily enough and I made that same request around the SVB bank months ago, even as the media NEVER looked in that direction (for unknown reasons).

The second mistake by Jerry Dubrowski was “the vast majority of closures are correct, consistent with the regulatory obligations we are required to follow” it comes with the realisation that ‘vast majority’ implies that plenty are wrongfully cut and when was there a bank that relied on “You could be wrongfully culled, but that is how regulatory obligations work” said no one ever. It is the relying on ‘vast majority’ that gives the edge to the victims of this. And now JP Morgan will either be required to give full explanation to EVERY ACCOUNT (as I personally see it) or cop another fine of millions, but they are tax deductible and that is the most likely path they will be on. But that could merely be me and I could be wrong.

In this article Ron Lieber and Tara Siegel Bernard give a good account and I could have looked at it earlier, but I did not. This happens and I have no regulatory obligations. And it was only 6 hours ago when we saw ‘Analyst view: Goldman Sachs rates Polycab as ‘Buy’, JPMorgan still bullish on Reliance Industries Limited’ with the added “JPMorgan (NYSE:JPM) has maintained an “Overweight” rating for Reliance Industries Limited (RIL)” I see no “impressive retail sector performance” I see a reliance on algorithm to get every penny away from the ‘edge’ as possible. I could be wrong there too, but there is every chance that JP will have to call itself ‘JPMorgan Edging’ soon enough. There is another side, but that is an icky one (always wanted to have a reason to use the word icky). It takes me back to the shores of the Dutch SNS bank. Several sides and they might be the first bank in Dutch history that gives a view that white collar crime pays. One got 12 months, 4 got suspended sentences and the Dutch government is down €804,000,000. This relates to the JP case because of the algorithm. How was the bad bank script invoked? How was it ‘allowed’ on paper to fraud and corrupt? Where were the ‘regulatory obligations’ there? It is what the law allows for and as such we see the hardship on the people who are cut (and optionally merely hit hard times). So now consider that the banks cut all those who hit hard times, and still all non-cut customers of that bank are due their fees. So where was the risk management there? The risk has become too great and they are all cut now. That is how I (optionally wrongly) see it.

The last ‘issue’ is that only the NY Times has this, none of the other newspapers have it. The NY Times has enough credibility, but my mind races. There is absolutely no way that JPMorgan Chase is alone here, so why is the NY Times the only one that has this? I doubt it is merely algorithm. This makes me wonder (yet again) how much in US Treasury bonds does JPMorgan Chase has at this moment? 

Just a question. Enjoy the day. I am two minutes from Thursday, Vancouver is only just starting Wednesday.

Leave a comment

Filed under Finance, Media

Tagged as , , , , , , , , , , , ,

November 16, 2023 · 20:24

Just a tally

Yes, we like our tallies, it gives us a feel of accomplishment even if what is behind that tally is beyond our control. I have tallied my way through life and even as some was directly applicable to me, some was not.

Yet there is a realisation and it sets off at the very beginning. The realisation of comparison. I might have a tally that includes 2 21 year old women, 1 22 year old and 4 23 year old, without comparison and meaning it is a little hollow. If it is your ‘black book’ some will applaud, when it is your achievements in a retail shop a lot less so, especially when it involved a mall.So one with out the other is meaningless and the other way around it tends to be pointless.

So here we are looking at

And we are given the numbers. But what does it mean? You see the Dutch Army had at the height of the cold war age 1000 tanks, at the moment according to some sources it merely has 18 tanks (no idea how correct that is). And as you see, the Russians have lost 5,362 tanks during its Ukrainian offensive. This becomes a whole different crumbled cookie when you consider that (according to one source) has 12,556 tanks. Now the tally becomes a much larger consideration. This implies that on what I consider to be a meaningless war, a war of terror they lost 42% of all tanks, as such the Russian armoured assault power has almost diminished by 50%, that ain’t nothing that is half the battle gone against an armed force that was considered 21st on the world ranking list. As such the tally continues and when you consider that they lost 22 warships, all whilst the UK has a total of 70 warships. This might not seem much against the 290 that Russia is supposed to have, but if the spread of that navy is anything to go by Russia is indeed in trouble on several fronts. Now we might giggle and expect scenes from the battleship Potemkin to become a reality. The supply and support issues we have seen in recent days might not make that setting too unrealistic. Now that Ukraine has access to more modern airplanes, the 322 they lost will up by a lot soon enough. Yet they were supposed to have 900 of these bad boys and well over q third is now gone and that was before the F16’s were roaring over Ukrainian sky. A meaning less war, based on lies and Russia seemingly have lost 50% of its tanks and 33% of its fighter jets and that is all before we see the losses of helicopters and 313,000 troops. On the other hand that means that over 250,000 Russian women are cold at night. Can we reintroduce the concept of prima nocta in St Petersburg? 

I might not be a monarch, but at times I am just like any other horny little teenager. Is it fair? Nope, but they weren’t fair on Ukraine either so something needs to give. In addition, this might be the first time in history that Russian gender imbalance was so outspoken, as such beyond the military parts, the Russian social parts will also see changes and impacts all over the field. In addition, as the gender curve changes, the jobs that have been overwhelmingly male will also change. It will not immediately meltdown the economic vibe in the larger cities, but there will be a larger impact. There is no upside for Russia, the dead do not contribute and it cost the Russian government nothing. Conscription is up and when over 17 you can now be drafted into the Russian army. On the other side we see “aims to increase spending by around 25% in 2024, with record amounts going on defense” yet that is also a loaded stage. You see tanks ned time to get assembled, planes need assembly and the labour force required is currently down by a lot. All that I saw coming close to a year ago. We are also given (source: ABC News) “Record low unemployment, higher wages and targeted social spending should help the Kremlin ride out the domestic impact of pivoting the economy to a war footing, but could pose a problem in the long term” and no one considered the impact of no tenants, the pricing bubble of apartments, especially in St Petersburg and Moscow and several other linked factors. All that was optionally visible with a mere tally. 

When you diminish 300K people it might not seem a lot on the scale of Moscow (12 million) or St. Petersburg (250K) but overall that impacts start counting in several ways and there is one little thing the Russians overlooked. The dead do not pay taxation, so how will that increased budget come to pass? Something will have to give way and that doesn’t spell well for the current population of Russia. Suddenly my reference towards prima nocta doesn’t sound too weird, does it? You see we overlook that in WW2, the Nazi’s relied on 34,000 women over 500 Nazi-run brothels across occupied Europe to keep their troops in check. So how long until Russia takes a page from that charter? 250,000 women all manless and all serving mother to be Russia. The tally does not make sense, but to some it starts adding up to a new setting and behind all that is Bratva, a group overlooked by too many and now that their bosses have lost their capital in the west and their homes all over the west they will start getting creative fast. When you see the tally and what it connects to you get new iterations of what could be, not what should be and the nice thing about a tally it is a one dimensional application of simple numbers. 

I get it, some will frown, some will say I am wrong, but they will all be worried. I took the simplest application of numbers and took a gander on where it COULD lead to. In my defense, the path of the greed driven tends to be highly predictable, but that is merely my view on the matter.

Enjoy the day.

Leave a comment

Filed under Finance, IT, Military, Science

Tagged as , , , , , , , , , , ,

November 2, 2023 · 08:47

The flag of me and my parents

The Khaleej Times stopped me in my tracks today. There was nothing critical about it, no reference to Gaza, no reference to British anti-semitism, it was a simple story of pride. The article (at https://www.khaleejtimes.com/uae/dubai-over-200-items-in-uae-flag-colours-sold-in-supermarkets-as-nov-3-draws-close) gives us ‘Over 200 items in UAE flag colours sold in supermarkets as Nov 3 draws close’. I have seen these events before. Queens day/Kings day in the Netherlands April 30th, National Day of Sweden on June 6th, The Queen’s birthday on 21 April (United Kingdom) and I have seen how people tend to react in very positive ways. As such I took notice of the fact that we see “The spirit of patriotism is taking over Dubai yet again, as Flag Day (November 3) draws closer. The vibrant hues of red, green, white and black have taken over souqs, supermarkets, and grocery stores in the city” gave me pause to smile. I reckon that with all the achievements in the UAE, including two astronauts namely Sultan Al Neyadi and Hazza alMansouri that nation has a lot to be proud of. Tallest building, biggest growth, consistent growing economy and even an Olympic gold medal in 2004 by Ahmed Al-Maktoum. They might not have competed in any Winter Olympics yet, but I reckon that this is no longer of the table. The fact that Saudi athlete Fayik Abdi is the first to do this is an indication that he will soon no longer be alone. As a little comparison consider that Fayik is now 44th on the Men’s giant slalom. The 44th position belongs to a citizen of Saudi Arabia, ahead of people from Norway, Sweden and Switzerland. 

The fact that the UAE competed in the 2023 IIHF World Championship Division II is a decent indication that more is to come, as such the UAE has plenty to be proud of. We all (those who have been to Dubai) will buy a T-shirt like below and a hat, but that tends to be as far that we as tourists take it. 

There are plenty of other options and I have seen how nations take pride in their country and for me it was always nice to see how other nations did this. I have been through Australia Day with a hat and beer stubby, two things I would never have bought in other conditions, but on Australia Day? Absolutely. 

We all have these moments, but if you travel, or on vacation, take a look how other nations celebrate it and see if you can add one or two items to your souvenir range.

I for one now know that the UAE celebrates November 3rd which is on a Friday this year. I wonder what other things I will see on the YouTube walk around tours for Dubai that day. It would be nice to see people go enthusiastically nuts over their own nation. We see the Dutch go absolutely orange on April 30th, they even have a special orange bitter that sells out on that day. We all have our points of celebrating our roots. Some have Canada day and worship a syrup tree, America has its 4th of July. We all have our moments, but the larger fun part is not the commercialisation, it is seeing the pride that people take in their own nation. And when you see how people take pride, are you on par with your own nation, are you more or are you less devoted to your nation and your nation of origin? 

Simple questions, but the answer tends to be less simple. We all have that and we all adhere to certain values, even if they are hidden under our skin. 

Enjoy the day.

Leave a comment

Filed under Media, Politics, Tourism

Tagged as , , , , , , , , , ,

October 25, 2023 · 23:51

The alignment of views

That is what I am setting this conversation up for. Well conversation? As the blogger this is my monologue, a monologue plain and simple. I had another idea regarding the approach to gaming IP, but that ill be for another day. 

Today I am talking about the ABC article (at https://www.abc.net.au/news/2023-10-25/iran-saudi-china-middle-east-war-actress-nazanin-boniadi-profile/102996008). I am using this example for the simple reason that ABC is a good media outlet, they try to give us the real settings. As such taking the article apart in a different way might bring the points better across to the readers. 

You see, the media has squandered respectability, they squandered credibility and they squandered reliability. Not all media mind you, but a lot of them all decided to courtesan the digital dollar (whoring seems so harsh). In that setting we have a much larger station, but lets loo at the article. 

‘Actress Nazanin Boniadi on why China shouldn’t be mediator in the Middle East’ is the title.

Point 1
“Boniadi, who has dedicated much of her working life to advocating for human rights, including in Iran.” So who is Nazanin Boniadi? Is she an influencer? I never heard of her. Perhaps she is for real, but I cannot tell.

This is a setting that is partially on me. I never heard of her, but the larger media is using ‘influencers’ to taint the stories we see. It is a populist agenda that we are too often given (not accusing ABC of this) and as such we can no longer tell the difference between real, fake and deep fake. Populist sources are all about the flames, all about emotions and the larger corporations (as well as some governments) will give added ‘benefits’ to any anti-China story, that much is a given. That does not mean that there isn’t any valid anti-China materials out there. But the waves of deception have grown to a degree where we can no longer tell the difference. 

Point 2
““I think we will have to worry about autocracies taking that top spot in the world, and what that would look like for the rest of us,” Boniadi says.”

This could be seen as a valid question. Yet the sentiment is on ‘autocracies’ and the issues is that America and the EU have become such a mess that they cannot even stop in-fighting. They cannot decide on whether to counter Russia or hand over their governments to Putin, a sore setting indeed and the media is always there to push any flame that they can. You see China is regarded (to many) as a system of people’s congress with a unified state power. A communist nation. We can think what we want, but the setting of “a system of government by one person with absolute power” remains a debatable one. You see that is OUR point of view but others (especially in China) seem to believe that country’s recent economic achievements have actually come about because of, not despite, China’s authoritarian form of government. It is up in the air, but as we see that the EU and America are collapsing under their own weight of indecision, they might not be in such a setting. In addition Dutch political party New Social Contract with its leader Pieter Omtzigt was giving the press 7 minutes to time to prepare for the election papers. 7 minutes, that is a populist approach to getting votes and responses. How is that any way to treat voters? That is the setting we see and that is what we are given. 

The media has been shirking their responsibilities for close to a decade and it is getting worse. So whilst I would be willing to accept the story by the ABC, the larger setting is that the media has been flawed for some time and newspapers aren’t what they used to be. 

Point 3
The third point is a good one “We, the democratic countries, really have to unite in the same way that these autocracies are uniting to prevent that from happening.” I do have an issue with “in the same way”, you see getting them to ACTUALLY unite is one thing. America is in shambles and they are all there to address their own needs, then the needs of their ‘benefactors’ and then the rest is in play. The EU is no different, but with 19 nations all up in arms of each other, the larger station is lost to most of them. An example was seen last week when we were given “Boehringer Ingelheim and five other drugmakers have agreed to pay the European Commission €13.4 million in a hybrid settlement decision after admitting to participating in a global cartel to fix the price of an essential stomach medicine.” So, they make billions and they get a slap of €13.4 million? Things are getting worse and worse in the EU and I wonder if they even have an option to get back on track. Another example is seen with “U.S. measures to limit the export of advanced artificial intelligence (AI) chips to China may create an opening for Huawei to expand in its $7 billion home market as the curbs force Nvidia to retreat, analysts say”, it is funny as I gave the readers in ‘The definition of insanity’ (at https://lawlordtobe.com/2023/10/19/the-definition-of-insanity/) a day before that papers was published that very same setting. I did not give any numbers as I didn’t have any, but the larger station is now clear. The EU and USA broke their own systems a few times over and this isn’t helping any. This setting is important in light of the way that I am monologuing ‘unite’, but the lack of unity all over the western world is a clear sign that BRICS might end up being the next real power and as we are all up in arms on what  there is going on between China, Saudi Arabia and Iran. Yet Faisal bin Farhan Al-Saud, Saudi’s foreign minister is correct, something needs to happen and the wester nations are missing or fumbling the ball again and again. We get too much ego, too much presentations and no results and the media isn’t helping any.

So even a the article that is staging what we see now was all on the up and up, the questions are real. They are real because of all the Murdoch wannabe’s, glossy flames and influencer enablers we forgot what ACTUAL news is. A lot of people can no longer tell the difference and the press isn’t policing itself, so the people are on a short pier with nowhere to go. 

That is my point of view and in all this ABC is one of the more respectable sources. Too many are a lot less and the enabling of terrorist agenda’s by the media to get clicks is starting to be noticed by a lot of people. The populist agenda has never been a democratic view or a realistic democratic approach. Consider the autocracy that they will deliver when they are elected will cause a rapid decline in many nations and I might just live long enough to see that impact on a global scale. 

Enjoy the day as we move towards the middle of the week.

Leave a comment

Filed under Media, Politics

Tagged as , , , , , , , , , , , , , , , , , ,