Tag Archives: Paris

Just a metric?

That is at times a question and it is also at times a recognition. You see, metrics are at times just that, metics. We can sing high and low, but metrics are most of the times in a vacuum, that is until someone uses it to weave a story. You, I, we all do that. Some are clearly shown to be related, others are less so. As such the story that we see in the Khaleej Times (at https://www.khaleejtimes.com/business/aviation/dubai-airport-could-join-100-million-passenger-club-this-year) could be either (initially). You see, the ‘Dubai airport could join ‘100 million passenger club’ this year’ and for the most will sing that it is just as meaningless as them joining the mile high club. But some comedians will point out that they were alone getting there. So as such it seemed like a nice thing to achieve. I saw the airport on YouTube and it does look impressive. 

So, when you consider it the numbers in a larger context it now implies that Dubai International Airport is about to become the busiest airport in the world. Leaving Heathrow far behind it and beating by a fair margin New York, Los Angeles and several other airports behind them which they should have been competing against. They are about to overtake them all. In 2022 they were fifth, they are about to get pole position in airport traffic. This implies that this airport deals with 11,415 passengers EVERY HOUR, that is some achievement, especially as Toronto Pearson International Airport (in 29th position) can’t seem to get anything right at the moment. These two metrics matter because this implies that Dubai is getting things done right and there is a connected metric. You see, I wrote about tourism (Saudi Arabia and UAE alike) and now we see a new metric. When you consider that many can only spend their holiday funds once, that a slice who are going to Dubai will not be able to go anywhere else. As such these other places will lose some visitors and that results in lower revenue in those places. I made mention of that a few days ago, but now you see a connected metric. For whatever reason these people have decided on Dubai (and the UAE) that is the underlying metric that should not be ignored. 

And the speeches are also setting the new stage that they are ready to receive 20% more. Yes, all nations will make presentations and the UAE is no different than other nations in that regard. Yet the larger station is that Dubai has a growing population for tourism. It has more options for tourism than many other nations and when you add Abu Dhabi and the sports they both hold, the appeal start making sense. People just want a nice time. They want a place where they can relax and Dubai is one of the places that delivers. Those who want to play hard go to a ditch (massively drunk) in Las Vegas, those who want to have a great time, are now deciding to give Dubai a try and the more it delivers the faster that tourism part grows. Now compare that to waiting lines. Escape from the Gringotts (Harry Potter Orlando) 45-120 minutes and some times at Disney (Orlando and Paris) are close to that horrendous. So when you can select a place with a lot less waiting times I could not see any clear numbers on Warner Brothers Abu Dhabi, but several sources claim you can see the entire WB park in a day. 

Now consider all the other places these two locations have and also consider Deep Dive Dubai (not really for the young tourists) and you end up going to a place with the most amazing and most unique diving experience that you cannot get anywhere else in the world. So others want to think this is a fab, a fashion moment? The world stood still and now others are taking charge to offer what people might like. I use the word ‘might’ because the consumer is a fickle person with no real destination in mind. Yet, as I see it. Dubai with its malls, its theme parks, even a skating rink and two Hockey teams (the real hockey on solid water) and now a growing football offering. It seems that they are doing everything right and the fact that they are about to break the 100,000,000 served passengers a year line is a pretty good indicator that they are doing it all very  right.

Enjoy the day and if you go to Deep Dive Dubai be nice to yourself and do not watch Jaws before the dive.

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A strange evolving setting

I saw the article last night (really really early this morning) and it gave me something to think about. The article (at https://www.deccanherald.com/business/economy/with-russian-oil-imports-falling-india-turns-to-saudi-arabia-2832708) comes from Deccan Herald. I do not know them, but it is an Indian paper. The west doesn’t seem to have this. So lets look at what is weird. 

It starts with “at least five cargoes of the sweet Sokol variant heading to other locations, data from vessel tracking agencies showed.” Then there is “China appears to be the final solution for some cargoes” so whilst we see that imports of Saudi oil, rose by about 4 per cent, Russian oil declined by 22%, the numbers do not add up. I personally believe that Russia is in more trouble then they are letting on. I personally believe that a chunk of that oil is going to Iran to pay for drones. Iran might have oil, but it is embargoed, Russian oil is not and they can make transfer sales and fill their coffers up that way. Now, all this needs to be taken lightly, because there is only one source and I am speculating of that. Consider the deal Russian suppliers had with India. Also consider that by late July 2023, Iran had sent at least 400 Shahed and Mohajer series drones to Russia. That is close to $20 million, per $60 a barrel that is a whole lot of oil and the fact that India is getting less implies (implies is not a fact) that Russia has more than one issue at present. The Shahed drones are running out, more are needed and Russia (through several sources) are lacking in capabilities to get their own drones to the front. This all adds up that Russia has increasing issues to maintain their battlefronts, to maintain their Russian oil supplies and to maintain their manufacturing facilities. Napoleon lost with a lot less problems.

So whilst Saudi Arabia is seeing more revenue from their oil stocks, the question is how long that happens. It is not on Saudi Arabia, but once it is shown that Russia is lacking in a few ways the larger station comes that Russia will be fighting internal and external wars. 

So how right am I?
That remains the larger question. If any of the presented facts through sources is wrong, the entire domino wall comes tumbling down. None of this could be verified and the fact that only the Deccan Herald had this is also a point for debate. There are differences between the data of Kpler and Vortexa and that is fine. But the stage where Russia is delivering 22% less whilst there are implied reasons and none of this backed up by facts, together with the one mention of China with “China appears to be the final solution for some cargoes” makes me think that there is more going on and somehow someone paid for all those drones, Iran doesn’t give these toys away. 

So there is a stage where merely some of it could be right, but which part? 

In addition to Yesterday
Yesterday I talked about tourism. What I failed to mention is that there was data on the UAE. Reuters gave it 4 days ago (at https://www.reuters.com/world/middle-east/uaes-abu-dhabi-sees-non-oil-gdp-growth-77-q3-2023-statement-2023-12-29/), I missed it.  There we see ‘UAE’s Abu Dhabi sees non-oil GDP growth of 7.7% in Q3 2023 -statement’. This is huge and it is non-oil growth. Now, this is not merely tourism, this is on more sides, but tourism will be taking a chunk of this. Poland with 1.4% growth is the biggest in the EU last year. This implies that the United Arab Emirates outperformed all EU nations by well over 500%. That is massive. Now, comparing GDP’s is unbalanced and incorrect, I get that. However, these settings imply that tourism in the US and EU are taking a serious dive in 2024. We can debate that this is merely a hiccup, or that it is nothing, a mere blip on the radar. But in light of their faltering GDP and places like Greece, Spain, Italy, London, Paris, New York and Florida need tourism these blips could have severe impacts in these places. If continued there is every chance that Saudi Arabia and the United Arab Emirates will get access to $25-$30 billion and other places do not. Do you still think it is a little hiccup? Even when we see “Florida visitors contributed $101.9 billion to Florida’s economy and supported over 1.7 million Florida jobs (2021)” now consider that to be 5% less. How many jobs will go south? The European nations cannot even consider losing that much, it would be like the impact of Greek tourism (2002-2008) but now over three nations. That impact will be seen. 

So how accurate is this?
It is not. The reported numbers from Saudi Arabia and the UAE are, but how it affects others is not directly seen and can only be speculated on. What is clear that money spend there will not be spend anywhere else and that implies well over 25 billion lost to other places. How much each is impacted remains a guess. 

So enjoy the day and consider that special deals this summer will be all over Europe and America, so you might get a decently prized vacation this year.

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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.

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Making a case

This is something different. I have been accused plenty of times. Hatred of one, disgust of another and so on. So in light of that, lets give you a setting where I show you what Ubisoft could have done (could still do actually). I was making a somewhat delusional setting of me attending the University of Toronto getting a Master of Arts in Greek and Latin. It would be my fourth degree. I currently hold three degrees, making me a dirty old man. As such, a fourth degree feels essential. I have two graduate degrees and a Master (Intellectual property). So I was contemplating a few things and the idea connected to Ubisoft making a newer version of Playstation Home (not limited to Sony consoles) and a few things started to connect. Did you know that France currently has 500K students in Latin? I did not know that. Now consider that we use games in VR mode for language training. There is Greek (Athens), Latin/Italian (Florence, Monteriggioni, Venice, Rome), French (Paris) and so on. 

For the most Ubisoft has the graphics. Now we need to add a few limitations (no climbing or killing) and ion VR we listen to actual conversations in the designed language. Students will be learning languages in front of their console. Consider that (according to some) we see these numbers annually French: 120 million, Italian: 2 million and I have no clear numbers for the other two. 

Yet, as the library increases, the impact and interest in these language studies also increases.   So students get a real grasp of languages in specified languages. Now consider the one number I left behind. 

AC Syndicate London could cater to two billion (yes, 2,000,000,000) students of the English language. Listening to actual conversations, learning the language and more importantly learning some historical culture. Now, the language models need massive upgrades, they need to add 100,000 conversations and I reckon that when Universities sign up, they too will (hopefully) add a part to all this. 

A simple setting (except for the VR part) that was already designed. Now take away the climbing and killing and it becomes an educational tool, all whilst ‘their’ version of Playstation Home could still come. So what happens when Arabic (AC Mirage) is added as well? All settings that Ubisoft could have considered and implemented, growing their gaming population into an educational population as well. I reckon that a slice of 2 billion English students could be encouragement enough. 

All settings that not only push Ubisoft forward. It also grows the streaming population on a global scale. Consider that China has 400,000,000 English students. Now consider these people contemplating a Tencent Technology handheld to aid them in English studies. It would make that console the biggest console in history almost overnight (in less then two years is more credible). All revenues that Ubisoft overlooked. The consequence of staring with blinkers. What is in the corner of your eyes, tends to pass you by unnoticed. 

Just a thought for the day, enjoy yours.

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An altering stage

This is a setting we all see, we all accept. We see any stage and we see it changes as conditions are dealt with. The Shutdown is as I expected averted in the last minute. I expected it would, but I also expect that this might go wrong in the future and the next shutdown is a mere 45 days away and US businesses are setting this new marker as the disaster moment. That is the new quarter setting, a setting that is a mere 45 days away now, but what happens when this becomes a monthly thing? And that is not nearly the end of it. You see CNN and others reported on how Rep. Jamaal Bowman pulled the fire alarm a mere minutes before that vote. Children will be children and what do you do with stupid children? Yes, you make them representatives of Congress, that is how it goes. He is seemingly hiding behind ‘it was an accident’ just like every other 12 year old who played ding dong ditch with a fire alarm. This is merely the stage, the larger stage is more serious. 

The first one is the IMF (at https://www.imf.org/en/News/Articles/2023/09/28/cf-saudi-arabias-economy-grows-as-it-diversifies) who reports ‘Saudi Arabia’s Economy Grows as it Diversifies’. It is a summary and you should read it. It shows several elements that are taking the world by storm. It is not “As shown in the latest IMF annual review of the country’s economy, progress has been most notably reflected in non-oil growth, which has accelerated since 2021, averaging 4.8 percent in 2022. Despite lower overall growth reflecting additional oil production cuts, non-oil growth will remain close to 5 percent in 2023, spurred by strong domestic demand.” We get the goods here, but it is “The economy’s non-oil growth has been spurred by strong domestic demand, particularly private non-oil investment. Sustaining this performance requires pursuing sound macroeconomic policies and maintaining the reform momentum, irrespective of developments in oil markets.” Even if the stage is not revealed, when combined with other views we see that ‘strong domestic demand’ is merely one string from the harp of economy, the harp of Saudi economy. What matters is that larger streams involving defence, technology, construction, tourism and services are ALL moving towards Chinese shores. We see some of it now, but that list is rapidly expanding and the next US vote is 45 days away with them having to brood on a loss of billions and it will be a lot more than 1 billion. 

The second article comes from Arab News (at https://www.arabnews.com/node/2382701). I am not seeing anything new, but the fact that we see the report on this implies that US and EU governing bodies are now seeing the losses that they are being confronted with. In the first Saudi Arabia has set the lofty goal of increasing the tourism target from 100 million to 150 million of tourists a year by 2030. I think they can get there, but as I wrote last week that implies that these 150 million will not be going to the US or EU. So did you do the math on that loss? Saudi Arabia was until recent not really a blip on anyones radar and now they are becoming a power player. And this is not just China, The EU has 44 million Muslims a fair size of this would be considering Saudi Arabia as a tourist destination soon enough and even as the US only has about 4 million Muslims, these two are now seriously looking at what kind of a vacation Saudi Arabia could offer. I think it could grow even further. As a growing global population wants to really learn about Islam, we see that the Churches are now going more and more deserted. You can fool all of the people som of the time, you can fool some of the people all of the time, but you cannot fool all of the people all of the time and the western world is in stage three, all whilst stage two is waking up on the notion that the churches have been a scam (as some people see them) yet these people are now seeking faith. Faith they feel the churches can no longer deliver as these people feel conned. Now Saudi Arabia has a stage where they can openly and clearly introduce Islam to a people who feel empty because faith deserted them, it is now seen as a betrayal and the churches cannot address the betrayal that they instigated since November 18, 1095 (Council of Clermont, First Crusade). Over 900 years and that shindig is up. So Saudi Arabia stands to increase its Muslim population, they increase tourism and at the same time they decrease the revenue streams to the EU and US. Both China and Russia will see this as a win, as does the BRICS community. IS my view correct? Correct is not the issue, this is clearly happening, but to what degree is anyones guess. I felt betrayed by my Catholic Church going back since slightly before 2015 when the movie Spotlight showed the world that something was very very wrong. We have been conned by hypocrites and charlatans and many feel too betrayed to give the church even one option to redeem itself. This tom foolery had been going on for over 900 years. 

And when you consider the Arab News giving you “By focusing on shared opportunities for growth and prosperity, the crown prince shuns hardened religious ideology that offers no prospects for the region or the international community at large. This leads him to navigate uncharted territory and negotiate closer ties with Iran and Israel alike. As he has pointed out, a Saudi normalisation agreement with Israel, if it came to pass, would be “the biggest historical deal since the end of the Cold War.”” It is seemingly correct (there are a few nicks to that setting), but the larger stage becomes more than ‘since the end of the cold war’. You see, the US was a power-player since the end of WW1 and that too is about to end. All the friends the USA used to have are now seeking new shores to feed their greed and they will bend over backwards to get their slice of cake and in the process will have to openly desert the US. Even Americans are now seeking ‘pro-Russian’ shores to ‘feel’ safe, but that is not the way it goes and those people will soon have no one to turn to. A similar setting is to be seen in the EU, although there are other issues in play too. Slovakia turning pro-Russian is merely one stage, one of many stages and that will erupt in many places. I expect that the Paris Olympics will show a few sides evolving there and as this evolves Saudi Arabia will be there to be the new power (together with China). You see, what some are missing is that places like Alipay+ is now partnered with the Saudi Tourism Authority. You think it is simple, but it is not. No matter how we see Alipay as part of the Alibaba group. It sets the stage where it is the partnered player with all the tourism in Saudi Arabia. It overtook PayPal in 2013, it now has over 55% as a pay provider for China and it is about to become a serious contender for all slices of the VISA and Mastercard processing pie. Within 10 years they got to there and the BRICS group will allow it to grow a lot further. And in all this we see another field that was until 5 years ago a field that belonged to the USA. Now we see more and more areas where the USA corporations are degrading to a mere third world nation and Saudi Arabia is in the centre of more and more of these stages. China is making a clean sweep of a lot of this and people still believe that I was kidding when I stated in 2019 that this pariah BS will have larger impacts. We are now seeing these plays in place and we see how the world stage is changing and for the USA and the EU not for the better. Oh and before you think this is temporary, consider the Brooklyn floods. It will take months for the humidity to settle down and the heating bills with decreased oil will take its toll there too. They say ‘It never rains when it pours’ and now we see the impact in several income streams whilst service streams are negatively impacted. All at the same time. But no matter the next shutdown is dues around 16 November 2023, a week before thanksgiving in the USA. So what will the Turkey’s do at that point to survive? Play ding dong ditch with a fire alarm?

Enjoy the upcoming week.

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Lining

That is the setting. You see, you might not be aware. You might merely see one negative article and dismiss it. That is fair enough, for the most I would have dismissed it too. Yet when you start using Google Search on topics like (for example) “Neom” the negativity list starts adding up and they all have something negative to say. 

A long time ago
So lets take a small sidestep towards the young days of your grandfather. It’s 1886 and plans are made for the world fair 1889. An architect named Gustave Eiffel ends up constructing the Eiffel Tower. It was met with ridicule, criticism and a fair amount of hatred. It is now the most recognised building in the world drawing almost 6 million visitors last year, and they all have to pay. The prices vary, but it amounts to about $75 per person. Do that 6 million times over. I reckon that that so called ugly building has earned its investment back a few dozen times over. 

So back to today and this time I am not using the media. This time I am relying on Popular Mechanics (at https://www.popularmechanics.com/science/green-tech/a44966174/saudi-arabia-line-city/) where we are given ‘Saudi Arabia Is Building an Entire City in a Straight Line. It Makes Zero Sense.’ I wonder why it makes zero sense. You see the start gives us “mathematicians broke down the numbers and calculated what the typical commutes in such a city would look like, discovering that it’d be better the built the city in a circle rather than a straight line” and there I am wonder for whom it would make sense to have a circle?

For the inhabitants of the Apple frisbee? For the Pentagon? Consider the life of most of us. We start at home (point A) and we go to work (point B) we travel from A to B to A and in between on that route we get our shopping done. A straight line makes perfect sense to some, not to all, but to some and the most important part in all of this. This has never been done before, just like the Eiffel Tower. I reckon that by 2050 any web satellite camera will have zoomed in on the line a thousand times a day, because as webcams and YouTube satisfies our needs now, a camera version of Starlink will most likely satisfy the curiosity of our grandchildren. 

The question
What I do not get is the massive amount of negativity around this. Neom and the line are two places that have never been done before and has never been contemplated in history. Neom might become the first megacity that writer John Wagner and artist Carlos Ezquerra erected in the comic book Dredd in 1977. A city 22 times the size of New York and Saudi Arabia (not America) is making it a reality. And they are doing it all whilst they have the fastest and most complete 5G network on the planet. As such I am giving them the benefit of the doubt. I have to because in my young days I studied ships engineering, not civil engineering (long before my IT and law degrees). In California a circle makes sense, a circle surrounding a park, but Saudi Arabia has a very different eco system and it is a fir bit longer too. 

Then we are given “The city—stretching from the Red City to the city of Tabuk 110 miles away—along with its estimated 9 million inhabitants would be entirely car-less, and instead be tied together by a high-speed rail system that could travel from one end of The Line to the other in just 20 minutes.” Another thing pops up. America and Europe have entire micro economies based on cars and transportation, they would not exist in the Line. Then the train system. A 20 minute ride from end to end. Consider that this line is 170Km long. In the Netherlands that covers Groningen to Utrecht and it takes that train 2 hours to get there. 600% longer and OK, they stop a few times, and it isn’t high speed, but that is what there is and you cannot make high speed trains work there under those conditions. 

The one part we are missing is that the line is 500 metres high. As such the building is significantly higher than Central Park Tower (longer and wider too). It raises even more questions, questions I can merely grasp at, but the others are merely coming with negativity. I wonder why. What I like about it is that no one has ever done this before and here Saudi Arabia is leading the way. If they pull this off (and I hope they do), the west needs to take a long hard look at itself. We might see all the experts talking the BS they do, but when this is done we get to see the excuses, the blame game, the lack of insight and the media would be regarded as culprit number one. 

Popular mechanics also had a few good idea’s as they tend to do. They give us “Although the paper mostly focuses on the mathematical shortcomings of The Line’s design, it also brings up some good practical problems. If the city’s main train line malfunctions for any reason, for example, it could effectively cut off residents from millions of people—an idea that’s unthinkable in today’s modern metropolises.” And that matters how? I have two best friends. I haven’t seen them in decades as they live on another continent. I have video chat, phone and email to keep in touch. Beyond that my connections over the last two decades have been work and social events around me. I never had the need to meet up with millions and the train is a realistic idea, but things break and things get fixed. Perhaps the train line will have a spare line? Just a thought. In todays world people have become self isolating, it is a result of all kinds of reasons, perhaps the line will offer an alternative?

If there is my need for realism, it becomes the setting of the 500 metres height. There might be all kinds of reasons why it is that high, but on what levels will people be? And then the idea that this one line will house 9,000,000 people. The largest three cities are Tokyo, Delhi an Shanghai, still a fair bit larger than this line, but what area do they cover, what pollution do they create and how much of the ecological side are getting destroyed in the process? This is the consequence of old day thinking. As such the line is starting to make more sense, but it is also a place with more questions. I reckon time will take care of most of them, just like in the days of Gustave Eiffel. Evolution will take care of itself and when one is done the next will come and then one more and for now Neom, the line and Mukaab (which will be 400 by 400 by 400 metres). All in Saudi Arabia and all dwarfing most other architectural achievements. Three places clearly visible from space. So why the negativity? Perhaps the EU and US are realising that they are done for, but who instigated that part? Was it their lack of evidence (small 5G reference), their inability to create because they are now too broke to get anything done? You tell me, I am not sure of any of it. But no matter how these three are completed, it seems to me that Saudi Arabia has its focal point towards the future, all whilst America in true Excel style merely looks at the next quarter, a time frame that does not allow for projects that we are currently seeing in Saudi Arabia. 

There was one final thought that hit me at the end of all this. The article gives us “If its 9 million inhabitants are homogeneously distributed in the city, each kilometre will have roughly 53,000 people” from that point of view it is denser than Manilla, the most dense city in the world with 43,064 people per kilometre. You see, it isn’t the fact that Manilla isn’t the densest city, it is that these metrics would no longer matter because based on the EIU’s Global Liveability Index for 2023, Manila placed 136th among 173 cities. Then we get that the current metro area population of Delhi in 2023 is 32,941,000 almost 400% higher than the Line. Certain metrics would become obsolete and I reckon that there is every chance that a place like the Line would grace the top 10 of the EIU’s Global Liveability Index from the very start. Did anyone consider those metrics?

Enjoy the upcoming last workday of the week.

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Turning the pages

This is Aterm we use, sometimes correct, sometimes incorrect and sometimes literal. We all do it and I am no exception. Yesterday I had a detour and the detour kept on going in more and more directions, seeing more and more new ideas based on the old premise and that is not where it ended. In all honesty, part of the ideas flowed from the ideas of John Spilsbury (always look back to old masters when you get stuck) and he was no exception. There were more parts connected to this, but that is for another day. Whilst doing this my mind wandered towards the CBC article ‘Every developer has opted to pay Montreal instead of building affordable housing, under new bylaw’ (at https://www.cbc.ca/news/canada/montreal/developers-pay-out-montreal-bylaw-diverse-metropolis-1.6941008), yes avoiding doing the right thing by paying the fine is the way the greed driven work. In the end it is always about the bottom dollar. I think the best quote comes from Mel Brooks in History of the world part 1 with “Leader of Senate – The Roman Empire: All fellow members of the Roman senate hear me. Shall we continue to build palace after palace for the rich? Or shall we aspire to a more noble purpose and build decent housing for the poor? How does the senate vote? – Entire Senate: Fuck the poor!” This pretty sums up the bulk of all real estate developers. And the picture isn’t pretty. Especially as the (a speculated view) the fines are so low that these developers will continue to ‘Fuck the poor!’. The article gives us “Two years after Valérie Plante’s administration said a new housing bylaw would lead to the construction of 600 new social housing units per year, the city hasn’t seen a single one. The Bylaw for a Diverse Metropolis forces developers to include social, family and, in some places, affordable housing units to any new projects larger than 4,843 square feet” and when you consider the added “Those fees (read: fines) have so far amounted to a total of $24.5 million — not enough to develop a single social housing project, according to housing experts”, as such I see the math as “there have been 150 new projects by private developers, creating a total of 7,100 housing units” giving us a fine of $3380 fine per housing unit and the housing units go well over a million each, sometimes well over 3 million, as such the fine is a joke and it is that yoke that hits Valérie Plante in the face. Now, normally I will not care. I do not live in Montreal, I am not Canadian, but this setting will be copied by developers towards the UK and Australia making their wealth a lot more and gained quicker. As an example I would like to raise the paperback setting of the London Administration with their Powerhouse. So how many became social housing? The answer is laughable and this will run over to Australia as well (perhaps it already has) and these administrations are seemingly a joke. I have been waiting for 10 years for a decent affordable apartment and the waiting list is nowhere in sight at present. So whilst the CBC presents us with “The city of Montreal had promised in 2021 to release the two-year results of the bylaw by early 2023, but hasn’t done so. Ensemble Montréal says it compiled the data itself, using the city’s open data. It is calling for Plante’s administration to disclose what it plans to do with the five new plots and $24.5 million.” As such I have no real hopes that anything will be achieved and I fear that a similar setting will make matters worse in the United Kingdom and Australia. New Zealand has a tight grip on exploding greed, as such they are in a much better position than any of the three others. Even as Australia might be in the least problem of the other two, it does have issues and the UK is in a really bad shape as it is allowing investment groups to buy out complete suburbs at present. CNBC gave us in February ‘Wall Street has purchased hundreds of thousands of single-family homes since the Great Recession. Here’s what that means for rental prices’ and it is not merely the US, as I wrote about it in the past, the UK (London Specifically) is a great way for these players to store their wealth and watch it safely mature, in the end we all need a roof over our heads and the boasted returns for London are too good to pass up and I personally believe that places like Toronto and Vancouver are about to meet those same returns, especially as we see events unfold now in Montreal. So how much longer until these places as well as Sydney are set in a similar stage? I will let you figure it out, but the numbers aren’t looking good if you are in a shifting position of housing. And matters are getting worse. In the last 10 years in Sydney things went from bad to disastrous and I reckon that more cities are on that list of shifting tides. And this amounts for the Commonwealth and the EU metropolitan pressure points. Munich, Amsterdam, Rotterdam, Stockholm, Madrid and Rome being prime examples. Weirdly enough Paris escaped the stage. If Le Monde is to be believed with ‘‘Adapting the existing’: Paris’ plan to reach 40% affordable housing by 2035’ they could be ahead of the curve by a massive amount. I wonder if Australia, Canada and the UK have looked into this as a possible solution. Not sure if it is possible (as I am completely ignorant of building codes in these places) but it is a setting I had not seen before as far as I could tell.

So enjoy the week and consider your rent, and how much it could go up this year when it is owned by a Wall Street player, a fearful page turner is ever there was one.

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The change of stages

That is what my mind is wondering about. You see we are given one thing, but is that thing correct? In this day and age where the media is less and less trusted, we are in a stage of alteration. We are seeing one thing and we are wondering another. For this I look at the BBC (one of many) and we are given (at https://www.bbc.com/news/live/world-europe-66073728) ‘Macron to meet with top ministers amid fears of further unrest’ which is now coming after days of unrest, massive parts of France reduced to war zones. We are given “The page claims the officer “has done his job and is now paying a high price”” with emphases on the word ‘claims’ we are also given “They say they wanted people to participate in a peaceful march, to remember Nahel, but did not want people to become violent.” We see many clips on YouTube, many from news agencies (example at https://www.youtube.com/watch?v=HqOL9VSoOXE) but the overwhelming questions that matter are missing.

ABC gives us a little more but not much more, they do give us “Tuesday’s killing was the third fatal shooting during traffic stops in France so far in 2023, down from a record 13 last year, a spokesperson for the national police said.” This is an important number (I won’t call this a statistic). 13 people got fatally shot in 2022, now in 2023 the number stands at 3. So if it rises to 6 as a 2023 total, it still implies a 50% reduction in fatal shootings, which is pretty impressive. You see, what we do not see is what started this. Why exactly did the police officer grab his gun and shoot? No one has a clear report on that and overall the reaction is immensely out of proportions, but they did have time to print the T-shirts and offer them for sale, yes commerce also works in France. There is little information on the officer and why things escalated into a shooting. Isn’t that interesting that the cause of all this is not given to us, or at least missing in too many reports?

For me it is a different stage. I think that this is the impact of delusion on national scales and not just France. The reality that jobs are faltering, that polarisation is coming to every nation. In America we see MAGA and Karen’s, now we see this in France and I reckon that Italy, Germany and Spain will have their own problems soon enough. Well, Germany perhaps less. Yet I do believe that socialised systems are up for grabs and the youth is acting out in anger, frustration and rage. I personally see this as the failing of tax systems against big corporations. Corporations who reset tax systems to allow for legalised slave labour wherever they can find it and the youth is angry. It is about to get worse and also in more places. 

These are the two settings that are pushing for more revolt and many of it is non peaceful. We see the ‘just stop oil’ losers disrupting London Pride march and we need to learn that all these things are somehow connected. Some people are very willing to upset certain settings, the people behind the curtains are setting more and more revolt settings and I personally believe that the French sitting is an example. Consider that a person in Paris is shot, we do not get to see the ACTUAL stage where people ask the police how did this happen. I get it things escalate and can escalate in a nasty way. But Nahel was 17, I have no idea what escalated this. Yet in all this I refuse to believe that some policeman grabbed his gun and merely blew him away out of spite. Even then the reaction that goes on all the way to Marseille is completely out of proportions, something is escalating this. For London I had the solution. Merely reduce their storage by 500,000 barrels of oil per day less and soon the price of petrol goes from 175.9p per litre to 325.9p per litre. That should wake the people up and there is no resetting that for as long as the Just stop oil movement is still in existence. France has its own demons and it requires a different handle, but someone (or something) is pushing this agenda and until people realise that they are being used, that their anger is invoked for other reasons this will not end and it will get worse. 

It isn’t that these things happen, they will always happen, but here the media is falling short. I looked to several newspapers and not one gave me a clear recollection on how this started. How EXACTLY did Nahel get shot? ABC gives me “The teen failed to comply with an order to stop his car, to which the officer fired his gun.” So, in short a teenager refused a directive from the police and it cost him his life. Does it matter that this was a traffic violation? We see all these TV series where people carjack, speed and more things ignoring the police because it looks like fun and now they see the impact, you can get yourself killed this way. This is GTA5 with a hardcore mode, you get one life and how far will you get in that game? Interesting isn’t it? No cheating and merely one life. How far will you get? Did you consider that option? It is the way I used to play Diablo 3. One life is all you get and I did it for every character class (it took a lot longer for me as a barbarian to get to the end). 

I am not loosely comparing France to a game. Something is pushing this and it isn’t simple anger it is the driving force but not the directing force. I think France needs to investigate who is pushing these people, because what I learned in France in the 80’s, to see someone in Marseille giving a damn about a Parisian is new to me, but here we see (source: BBC) giving us “There were fewer arrests compared to previous nights – 719 – with the worst clashes in the southern city Marseille.” This (and other data) made me wonder who (or what) is pushing this. This is seemingly not (or never was) about Nahel. Yet that is my personal take on the matter and I agree that I might be wrong. Yet consider the reaction to one fatality, a fatality caused by someone refusing to stop. Yes I agree that it seems like an overreaction, but I never saw the exact setting that caused this and the media is not focussing on this, or focussing on this much too little. I will let you decide on that matter. 

Enjoy the day, Monday is about to start.

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From bad to worse

This happens, things are not great and at that point someone states ‘watch this’ and opens the floodgates of disaster. This happened in part when Governor DeSantis decided to ‘douse the mouse’ an intensely stupid action if ever there was one. And now the CBC gives us (at https://www.cbc.ca/news/world/florida-travel-warnings-naacp-lgbtq-1.6850920) the simple headline ‘NAACP among civil rights groups warning tourists about Florida in wake of ‘hostile’ laws’. For those not aware, the NAACP (National Association for the Advancement of Coloured People) has set out a travel warning (at https://naacp.org/articles/naacp-issues-travel-advisory-florida) there we see “Florida is openly hostile toward African Americans, people of colour and LGBTQ+ individuals. Before traveling to Florida, please understand that the state of Florida devalues and marginalises the contributions of, and the challenges faced by African Americans and other communities of colour.” As such the one state that relies on its annual tourism revenue (2021) gives us “Florida visitors contributed $101.9 billion to Florida’s economy and supported over 1.7 million Florida jobs” that comes with “According to the Office of Economic and Demographic Research, for every $1 the state invests in VISIT FLORIDA, $3.27 in state tax revenue is generated”, if only 10% is lost, how much damage will Florida endure as this governor is vying for the seat of presidency and does this on a national level? In addition to what I wrote over the last week, we will see national revenues dwindle down with DeSantis in control of whatever get gets control of. It is even less interesting for the Republican Party as they are enduring two losers in their ranks in power in a decade and it could be a lot worse. And they are in turn empowering China and enabling Saudi Arabia in their own ways. Because in that setting there could be a massive push to grow a sort of Disney world in the United Arab Emirates, but founded much more on the Arabian nights and all kinds of Middle Eastern fairy tales. A setting that is not make believe. The existence of the Boulevard Riyadh City is evidence enough that a theme park a blended theme park could push tourism and revenue in the UAE to a decent amount and no matter how hetero sexual that cluster is, the actions by DeSantis is making them uneasy. The hostilities and the ‘Karen’s of America’ are making the people unwilling to visit the US, unwilling to chance disruptive activities and they are seeking it somewhere else and yes Disney-world Paris would be their first choice, but that place will fill up fast and too many people is a negative impact as well. No matter how we see it, to book for tickets for a place that is too often at 110% is no easy choice. The UAE already has the Dubai mall and from there growth becomes easier (not to mention the Ferrari park in Abu Dhabi) and as such the UAE will have a few options all over the land. And when they consider that this could open a market for millions on Indonesians as well (and depriving the US of even more) they have choices to consider. 

So whatever DeSantis thought he was doing, he will have crushed the Florida economy being the first Floridan governor to do so and this economy after all the covid lockdowns was not that strong to begin with. Basically he becomes the straw that broke the Florida’s Panthers back.

So as one state goes from bad to worse, how many other states will suffer that level of income loss? 

Enjoy the first day towards the next weekend.

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Welcome to the OC bitch!

Yes, this sounds strong and it was part of a script. The series threw that phrase out for weeks as the OC was gaining traction. It drove Misha Barton to success and that is pretty much all I know about the series. We take some facts to the bank, we count on it, we depend on it. But then I got to thinking. OC also stands for Organised Crime and at present can you tell the difference whether  it is Organised Crime or a bank? That is not a joke, it is a serious question. Al Jazeera gives us (at https://www.aljazeera.com/news/2023/3/29/french-prosecutors-raid-five-banks-in-massive-tax-fraud-case) ‘French prosecutors raid five banks in massive tax fraud case’. There we are given “banks, including Societe Generale, BNP Paribas and HSBC, faced a compensation request of more than $1bn” we also get “an earlier report in Le Monde newspaper, said Tuesday’s searches had also targeted Exane, which is part of BNP Paribas, and Natixis, the investment bank arm of French banking group BPCE” in the late 80’s someone told me “To be a thief, you need to be good and agile, if you lack these skills you could always become a banker” well we have been seeing that a lot since 2008 onwards. And now we see “it was impossible to put an exact figure on the scale of the fraud but said the banks together faced an overall compensation request of more than $1bn, including fines and late interest payments” this had been going on (as far as they could tell) since 2014. So what is the difference between Organised Crime and bankers? Is it a mere case of legislation? So after we are given the sleep creating news (by the media) regarding United States of Silicon Valley Bank, Signature Bank, and Credit Suisse. We see more cases regarding Fraud? So when will someone wake up and realise that banks are either properly regulated or they are allowed to collapse and the shareholders lose their funds. So when we see advertisement from HSBC how climate change ignores borders, can the next advertisement please state “Climate change, not unlike our alleged involvement in fraud is happily ignoring all border issues” 

Perhaps it is more on point than the so called ‘awareness’ vibes they are spreading now. And when I look at half a dozen advertisements from HSBC I can apply the same strokes to the text and the advertisement becomes a lot different, it becomes a clear path of opportunity seeking. Now, I cannot tell how involved HSBC is, but the raids seem to imply issues. You see the banking system has been skating on the edge of legality for so long (for the need of profit) and when we think back to the billboard days when we got all the anti-Brexit announcements, I saw that there was no mention of Bank fraud, as such, is this hypocrisy or is it like adultery. Everyone expects you to lie about that? Think about that for a second. It is the ‘expects you to lie’ part. In 2018 UNSW gave us ‘Heavy penalties are on the table for banks caught lying and taking fees for no service’, I would add to that that anyone lying is barred from banking services forever. There needs to come a time when these issues need to be dealt with. And the fact that a raid on five banks was done, implies (not proven) that there is a massively large problem out there. So why do we allow these bankers to continue? 

It is a serious question. Uber is short on people, there is seemingly a shortage in supermarkets, let the disgraced bankers fill those holes. Just a thought.

Meanwhile German Deutsche Welle gave us (at https://www.dw.com/en/paris-banks-raided-in-100-billion-tax-fraud-probe/a-65151312) ‘Paris banks raided in €100 billion tax fraud probe’. This seems to be the larger stage (and several media had nothing on this). So when we consider “the investigations are linked to legally dubious “cum cum” practices in which banks create overly complex legal structures as a way to allow wealthy clients to skip out on tax liabilities for dividends. Authorities say Societe Generale, BNP Paribas, BNP Paribas subsidiary Exane, Natixis and the British banking behemoth HSBC are suspected of aggravated tax fraud laundering. Moreover, BNP and Exane are suspected of aggravated tax fraud” can you honestly answer whether there is a difference between Organised Crime and Bankers. We could argue that most bankers have some form of Filofax and are therefor Very Organised Crime. Yet that is seemingly the largest difference at present. Yet this text also gives us another side and that is important. It is seen with “complex legal structures as a way to allow wealthy clients to skip out on tax liabilities for dividends”. That raises the question whether the law was ACTUALLY broken. The Al Jazeera article and two others did not clearly give me this, so there are issues which reflect back on the old premise I made 25 years ago “The tax systems are in dire need of a complete overhaul” This view was mainly on the US and EU, but the setting still applies. And when we see terms like tax fraud and tax fraud laundering and the stage is ‘suspected’ the question becomes “Were laws broken?” You see if that is not the case, these bankers were merely clever sneaky bastards (aka: administrators) and there is no law stopping them (just like there is no laws on Karen’s and idiots). They are all allowed to stay, visit our surroundings and do their business and they are allowed to be as creative they can be within the law and the law is the issue. We might think they are hiding behind the setting of ‘overly complex legal structures’, but that isn’t illegal and we need to recognise that. We need to recognise that the laws and specifically tax laws have been blatantly ignored by all who should have ben overhauling them. That is the heart of the matter and that is under debate as I personally see it. Yet for over 3 decades politicians avoided that subject and now that governments are all running out of funds they are desperate to keep the nose away from their necks and that time is runing out faster and faster. That is merely how I see it.

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