Tag Archives: PRC

The need for a credit card

That is what we all think at times. There are two stages that stop us for getting one, or to get the credit limit upgraded. The first is work. It is hard to tap into that ‘virtual’ resource when you are out of work. The second stage is that if you have a job and it pays, the future of the company you work for makes upgrading limits a genuine problem. Even if the bank approves it, you yourself at times wonder if you should make that jump. Rightfully so as you soon realise that you are merely working to pay the interest bills.

So where is this going?
Well America is in that situation right now. It failed to ‘bolster’ its size by claiming Canada and it is now in a bullying stage then there is Greenland, which is funny because no one wanted Greenland for the longest of times and now it get ‘courted’ by America. Of course the courtship (like any courtship) is usually based on lies and on presentations in a different direction. Like most men, the first notion of a courtship is to push his dick onto her vagina no matter the cost to her. This reminds me of a joke Jack Whitehall stated: “We all look at the village idiot in some way, here in the UK we put him on the street, In America you love village idiots. They end up in the White House” and that is basically the setting they face. His bully tactics are coming up short and for the most part the skeptics are watching what is coming next. I considered the options and as I have been keeping an eye on the American economy, I see the play they essentially need to play. You see, America has run out of Credit Card Space and they need to upgrade their credit card. So first they talk trash on Canada and try to make it their 51st State. But now that it is failing they need alternatives. 

But the cause is worse than the need, they now face massive changes as Canada, part of the Commonwealth is seeking alternatives with Commonwealth nations. Australia, New Zealand and the United Kingdom seem to be on board to support each other and that is what America never counted on. Then there is the EU and some of these nations (two at present) are dumping their F35 aspirations and they are looking elsewhere for their planes. It might not be large customers, but it is a beginning and that gives rise to alternatives.

Getting back on point.
We see news by several channels, ABC for one gives us “Mr Trump iterated that the island was important for US national security. The US president has not clarified how or when he aims to annex it, but he has not ruled out using military or economic power.” As I personally see it, the real reason is “Greenland has rich untapped mineral resources and oil and gas, but development has been slow” that same setting exists for Canada and the US desperately needs to upgrade its Credit Card and that is one way to set it to a reality. As I see it, as a Courtesan truly worthy of the name village idiot he sets the trash talk to stellar to make these two ladies drop their briefs and that isn’t happening. Moreover (I for one) and plenty of others feel very protective of Canada. Greenland less so, but that is a Danish/EU setting. The method employed is just too icky. And now as American debts are surpassing thirty six trillion dollars with no handle on spending, the credit card needs to be upgraded before America has to default on things. As such Canada needs protection from the Commonwealth nations or it gets dragged into that hole named America. And that debt is shown as $36,000,000,000,000 and two elements will hammer America. The first is that the debt is now higher that its GDP, this might not seem like it is a big thing, but these are trillions and there is no stop spending in effect. Also the larger issue is interest. You see, then we look at that we see that Australia has a 3.28% debt setting. I cannot say exactly what America’s is but it should be over 2%, this means that 720 billion dollars interest will be due every year (a little over simplified) and seeing that the American tax office collected $4.9 trillion in FY 2024, we see that 14.693% of the taxation is lost on interest payments and it is getting worse. So a nation that is spending in all the wrong places gets to live of 85% of its budget and last year (2024) it was dealing with a deficit of $1.8 trillion (or 1800 billion dollars). So what happens when you have to do this on 85% of your budget?

This is why America needs to upgrade its credit card and it is falling short. Especially as nations rally against the baboonic trash-talking bully tactics of the president of the United States. As well as national interest, particularly Canada and Denmark.

There is but one larger solution in play. When America defaults before it resorts to military options, the game is over for America. It would become a third world nation over night. If not than we have a non-preferred option and that is to run into the arms of People’s Republic of China. There is the chance that the world will react to a larger degree all American items, which is bad news for Apple and Microsoft, but that is the stage that is evolving.

I have the stage (personally fueled) that America collapsing is not the worst thing, but all those enjoying retirement plans that they saved up for their whole life, they can rejoin the workforce until they die. I reckon the ultra rich will lose a chunk of their value and they will evade to Bermuda, Monaco or the UAE to life out their lives. The rest will learn that the vote of 2024 was the worst day in their life but that is what we face. The rest of the nations have no reason to celebrate. When the dollar goes, so do the Yen and the Euro. As I see it, President Xi was ready for this by playing the waiting game. He will gain the economic options of 27 EU nations and up to 56 Commonwealth states. On the upside, Canada might get an infusion of cash as they build several airbases on their southern border (a presumption of me). The irony is funny, to pretend to serve national interests, president Trump caused the creation of Chinese airbases on their northern borders.

As Wall Street fixes on what is likely to happen, they need to set the shores of financial options and as I personally see it, those shores remain under attack for the better part of a decade and the is bad news for Wall Street as the economy doesn’t have that much time anymore. Im actually not sure how America survives 2026 at present. 

Well, have a nice day and consider where you are and where you are likely to be soon enough.

Leave a comment

Filed under Finance, Media, Politics

Six of one

Six of one, or half a dozen of the other. You will have heard the expression. It is widely used, yet the meaning has changed. This reminds me of an old WW2 movie. A sergeant tells the soldier, we kill them, they murder us. It is more than semantics and weirdly enough there is a chance that this was on the back of my mind when I wrote ‘Jump into the deep part’ (at https://lawlordtobe.com/2021/12/06/jump-into-the-deep-part/), yet the CBC (at https://www.cbc.ca/news/politics/csis-trudeau-china-media-1.6270750) just drove it to the forefront of my mind. You see the article gives us in the article ‘Spy agency warned Trudeau China’s tactics becoming more ‘sophisticated … insidious’’ and here we see “As Canada’s spy agency warns that China’s efforts to distort the news and influence media outlets in Canada “have become normalised,” critics are renewing calls for Ottawa to take a far tougher approach to foreign media interference”. I am not debating the events in Canada, but the field is actually a lot larger. The media with (as I personally see it) unsubstantiated accusations towards the NSO group by the Guardian. Attacks without supporting evidence towards Saudi Arabia, the papers are drenched in that mess and it is not merely ‘foreign media interference’. You see if these people are serious they will take a hard look at media stakeholders, but they will not, will they? 

So as we see “One way foreign states — including the People’s Republic of China (PRC) — try to exert pressure on other countries is through media outlets, say the documents, obtained through an access to information request.” Do they realise that it is not merely ‘foreign states’, in this ‘corporations’ are equally to blame, they all have other goals and they use the same channels, the problem is that the media has become too unreliable, people do not know what or who to believe. In this the CSIS has equally a role to play, and for the most they are all about the safety and security of Canada (as it should be), yet in all this I wrote a few days ago about Saad bin Khalid Al Jabri. So as some might remember “Aljabri gained worldwide attention last year when he filed a lawsuit in U.S. District Court in Washington, D.C., alleging he had been the target of a failed assassination plot orchestrated by Mohammed bin Salman”, an assassination attempt? In Canada? So why is the US courts involved? Why is this not set in Canada? Then we get “Sakab Saudi Holding Company, “had no operational business” despite receiving $8 billion US in government funding and was used “almost exclusively” as a vehicle to funnel money to the other companies”. My issue here is not merely whether this is on the up and up, it is happening under the noses (optionally with blessing) of the CSIS, this is an Unites States setting (with $8,000,000,000) and it is happening in Canada. Now, the point is not merely on what the CSIS is doing, because they care for their nation (Canada), yet the media gives us a different view and the Human Rights Watch is joining them with “(Beirut) – Saudi authorities should immediately release the imprisoned children of a former Saudi official following an unfair trial that took place in an apparent effort to coerce him to return to Saudi Arabia, Human Rights Watch said today. Omar Al-Jabri, 23, and Sarah Al-Jabri, 21, the children of Saad Al-Jabri, a former top Saudi intelligence official, were arrested in March 2020 and held incommunicado until January 2021.” Yes, the thousands of children of Yemen are casually forgotten (for that moment) but the children of a multimillionaire, in the eyes of the government of Saudi Arabia a traitor and a thief. The man walks into Canada with $385,000,000 and what we get is “he made at least $385M — and says there’s ‘nothing unusual’ about it”, really? Last time most people made a mere few millions, close to every tax agent within 50 miles came calling for a cup of coffee, but then I must have forgotten about the US and their $8,000,000,000 investment opportunity

So I digressed, but it was important. You see, I am not opposing “Chinese-language media outlets operating in Canada and members of the Chinese-Canadian community are primary targets of PRC-directed foreign influenced activities.” But the problem is larger, PRC is a paid engine, and in this that scammers, Iran and a few other players also use it. I do not think that I am telling director David Vigneault anything he does not know, but the stage is that PRC is used by stakeholders, marketeers, media outlets ho need some ‘casual’ link of evidence, the list goes on. The problem is not that China is involved, they probably are. Yet in that same light Russia is optionally using PRC media pages to make China look bad, Iran uses it to set misinformation onto other streams. In this Forbes gave us in April ‘China-Iran $400 Billion Accord: A Power Shift Threatens Western Energy’, we get to see the references towards Belt and Road Initiative (BRI) and a few other matters, yet what is kept in the dark (not intentionally) is how Iran and Turkey are using PRC for marketing politics, a marketing engine devoted to the ‘headlines only people’. And in that stage there are also the corporations. They merely pursue their need for green (dollar bills), but the ploys they use are larger and taint all parties and in this the global media does close to nothing, because corporations represent advertisement dollars and they are all desperate (like a crack whore for a fix) to get those dollars. A little like the Sony 2012 Q3 advertisements needs, yet now a lot larger and many corporations that are a little shy of the limelight. 

This gives us the one part I do not fully agree with, it is given in “Mainstream news outlets, as well as community sources, may also be targeted by foreign states who attempt to shape public opinion, debate, and covertly influence participation in the democratic process,”, my issue with this is “may also be targeted by foreign states who attempt to shape public opinion”, it is not wrong, but I think it should state “Mainstream news outlets, as well as community sources, need to be more proactive to stop outside influences from state players and corporations who attempt to shape public opinion, debate, and covertly influence participation in the democratic process,” because corporations have everything to gain and they are trying to do just that, on a global scale no less.

As such six of one or half a dozen of the other is not the same, the two elements tend to represent a very different currency. Consider the alternative six apples or half a dozen bananas, that might make more sense. As such I tend to ‘alter’ another expression to make sense: You say tomato, I say potato. My approach to the setting we see here on a global scale.

1 Comment

Filed under Media, Military, Politics