Tag Archives: Saudi Arabia

August 25, 2023 · 19:06

And then there were 6 more

I have been expecting this, I have been awaiting it. OK, I have a few different reasons, but the added BRICS members (from January 1st 2024) are Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates. I don’t think that the people get how much of a issues this is going to be. BRICS members, just like any other membership (like EU, NATO) will give preference to its own members first. On ‘the seventh guest’ (at https://lawlordtobe.com/2019/06/21/the-seventh-guest/) I wrote “I am certain that Russia and China will use this opportunity that opened up, I just do not know how at present.” That was June 2019. There was no war looming in the Ukraine (and BRICS was not on anyones radar). This setting would be coming naturally from China and now we are about to see that play. Now consider that Saudi Arabia imports from United States was a simple US$16.22 Billion during 2021, now also consider that U.S. Exports to Saudi Arabia constitute 14.2% of total U.S. exports of those commodities worldwide. Now consider that these two numbers will diminish by at least 50% and those trades all go to China (optionally Russia too). I reckon that January 2024 will be the start where the debt levels the US currently has can no longer be allowed. Doing so will end its existence sooner and sooner. Should the US default, they will drag the EU and Japan down with them. A sentiment that China will not shed a tear about. Egypt is interesting as it propels the Saudi plans for their global G5 plans a lot further and a lot faster and it puts the EU and US out of the game pretty much overnight. As such there are signs that the latter two are racing to get agreements in play now. Something Saudi STC and Chinese Huawei are eager to block. Now consider a second part. The quoted setting was “the relationship is that the United States of America (USA) provides military protection of the Kingdom in exchange for a reliable oil supply from the Saudis, pricing of oil in USA dollars, and Saudi support for American foreign policy operations across the world” under those steps China is the most likely party to enlarge their options and they stand to get a lot more oil, oil that is likely not to go to the US and EU from January 1st 2024 (or at least a decent part of it). The latter one is a speculation, but it fits the long term play China is employing and in this I could be wrong. The KSA has long term agreements with the USA. The larger concern isn’t merely the KSA. In this new agreement Iran and the UAE join and now there is a new balancing point in the Middle East and the Emirates are part of that. So how much import does the UAE get from the USA and EU? So when they too go from “United Arab Emirates Imports from United States was US$16.88 Billion during 2021”as well as “European Union Exports to United Arab Emirates was US$37.38 Billion during 2022” and now consider that these two will go down by at least 50%, if not a whole lot more. That gives us $99,000,000,000 in lost commerce from these two places alone and that is merely the start. So how will their government credit cards go when they do not have these revenue streams continue? After that consider the damage that lost revenue from Egypt could get up to as well as increased revenue to China and this is not new, that danger existed from 2019, but certain American politicians were to ego driven and now it all comes to a speculated halt in 16 weeks. For China it will turn out to be a very merry Christmas this year. For the EU and USA a lot less so. But they were warned (not by me), these so called wannabe’s making the calls had more than information I had and they played the ostrich game. So how is that playing out for them? If you were hoping for some miracle cure from me you would be wrong. As I see it, it is too late for that. The US and UK should have adjusted their courses at least 3 years ago (7 would have been better). In the end for several players their upcoming BRICS membership is merely  business decision and that is what China and India are hoping for, because it opens their options by a fair bit starting in 2024. 

As I personally see it, the endgame will play itself, I see no moves left for the Commonwealth, the EU or the USA. Setting that should and could have been avoided for close to 5 years were never done and now with an enlarged new player on the global stage we can watch and see Wall Street implode on itself. To see the desperate go nuts on greed missed all because of some ego driven politicians will be stellar on a few levels. You see a secular population is a weird thing, the moment things go really south, they will rely on the faith of others to let them continue. Does that make the profoundly lost sentiment a drive of sarcasm or a natural wave of irony? I am not sure what applies more but as an antithesis they might be feeding each other for some time to come (especially when the media wants to get as much digital dollars as it can). 

I honestly wonder which systems will still be in play by April 1st 2024, what a joke that will be. Enjoy the weekend.

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August 21, 2023 · 22:11

A mindful detour

I made one hell of a detour today, it was a virtual one. So my shoes were spared the support they would have needed otherwise. It all started thinking back to an event (some time ago) when I was making a muslim friend the compliment that his beard was so pronounced, that it was the envy of every garden gnome in the state. This got me thinking of a new kind of garden gnome, one based on Muslims Clerics. The reason for that was two fold, on the one side there were the ‘empty’ gardens and lawns in Dubai Jumeirah, the other was a video of gardens in Dubai featuring Smurfs. The thought evolved from that and now we get to the good part, a additional (or new) theme part based on the Dutch Efteling. Dubai has a few theme parks, but Riyadh not that much and I believe that the Efteling part would play nice. Not a copy but one based on the stories of 1001 Arabian Nights and other fairy tales. You see I remember being young one (yes I was young once) and I must have been between 5-7 when I went the first time to the Efteling and I saw the story of the Fakir and the gardener and I thought it was magic. 

I could stare at that part for hours, it was so magical. The analytical side of my now can clearly see the elements of the show and it is not magic anymore, but whenever I think of that show I once saw well over half a century ago still fills me with nostalgia. I think that if Riyadh wants to up its tourist setting, the idea that such a themed setting is in a place like a 400-metre-high, cube shaped skyscraper named Mukaab. Not all of it, but over the first 3-5 floors giving the shops the incentive to show more, ‘lure’ in the family is not the worst idea. And the size of that cube implies that there is plenty of space for a lot of things. The lower (up to) 5 floors with souks, shops and food-stands that could compete with the Dubai Global Village. 

The only way is to be unique and there is no real timeline, as such giving a place like the Mukaab that kind of visibility could draw in nearly every YouTube travel influencer on the planet. Of course there are other places where this could be done. And I believe that Saudi Arabia needs to do its share to call in the people they are hoping to call in and why be like every American theme park? 

It might only have 4 water rides and 6 rollercoaster, but it snatched the coveted theme park price away from Disney in 1972, 1992, 1997, 2005, 2014, 2015, 2016, 2017, 2018 and 2019. It got the best theme-park in the world ribbon (by theme park insiders) in 2017 and 2018, a Pomme d’Or and several other mentions. As such the Dutch Efteling is a great choice. I have visited that place well over half a dozen times over a period of close to 50 years and I have always had a good feeling about that place. As such it should interest people like Ahmed Al Khateeb (Minister of Tourism of Saudi Arabia) As Riyadh grows, so will the need to entertain local and international families and I believe that a place like the Efteling had set out its version of excellence going back to 1952. The fact that it has accumulated that many awards in its lifespan should be a good reminder that Disney is not the only entertainer in town and there is place to grow a unique form of entertainment. There is nothing wrong with the Dubai IMG Worlds of Adventure and it looks awesome and perhaps one day I will see it for myself, but it is not the only way. Even now I still have fond memories (and only fond memories) of the Efteling and as I live on the other side of the planet, I cannot go there at present, but that yearning is still in me. That place was that awesome. Even now, you might think that you are too old for fairy tales, but your mind will react to seeing that setting as long as you live. I have to accept that people like Anton Pieck made it special and I accept that, but when you realise that something like that has please people for well over 50 years, it is not the feeling of a mere fashion setting, it was a form of excellence we seldom see. 

Now consider one of the true treasures of the Efteling. The Anton Pieck Diorama. Not a simple diorama, but one that is 700cm by 400cm by 200 cm in size. It has trains, buildings, people and the moving trains make it amazing. It opened in 1971 and has been working ever since. What is nice to know is that Märklin for many years manufactured the Minex steam trains specially for Efteling. A Minex train on that big a diorama. Now consider that setting of excellence in a Diorama that has a Middle East setting. Not just trains, but moving caravans, cars and all those buildings giving you a view on the past in a fantasy setting. That is what could draw in the crowds towards Riyadh and optionally to a place like the Mukaab. I wonder if anyone has looked into this in Riyadh (or Dubai for that matter). 

Well that was my Monday being active. Time to make some food and snore like a sawmill and in western Canada enjoy Monday, you still have all day to get through.

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August 19, 2023 · 23:50

It started with television

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

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

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

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

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

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

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

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

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

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

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

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August 16, 2023 · 18:03

Evolution is not merely the person

The setting started a few days ago, yet the new stage we are shown is merely hours old. Even as it seemingly started on August 12th with ‘Tapping an economy’ (at https://lawlordtobe.com/2023/08/12/tapping-an-economy/) the stage is getting redefined, almost as we speak. This is seen with ‘Saudi Arabia and UAE race to buy Nvidia chips to power AI ambitions’ (at https://www.afr.com/world/middle-east/saudi-arabia-and-uae-race-to-buy-nvidia-chips-to-power-ai-ambitions-20230815-p5dws6). I believe personally it is merely one of two sides. You see, we are given “Saudi Arabia and the United Arab Emirates are buying up thousands of the high-performance Nvidia chips crucial for building artificial intelligence software, joining a global AI arms race that is squeezing the supply of Silicon Valley’s hottest commodity.” But it is merely one side and this side is putting pressure on the US, it’s companies are running out of funs and their credit cards are reaching limits. These two players have the cash to run circles around dozens of nations and that is not the only place they are in an advantage. I will not go back to my IP (no mater how valid it is). The larger station is that these two players will need data centres and that is where EVROC (as discussed in the earlier article 4 days ago) has the ability to set up national data centres, a stage that takes American companies out of the loop. I am not anti-American, I am anti-stupid and the catering that data centres have given the US companies all whilst places like Cambridge Analytics opened up to is now starting to show. There is the added setting that nationally speaking these two players prefer to be set in, the stage is not merely based on national needs. I personally believe that they have a ‘non-American’ involvement mindset. And I reckon that evidence will be proven when EVROC is allowed these two new data centres as well. It puts the USA in a massively decreasing setting. Another (non-related) stage is added to this. Only a few hours ago Yahoo Finance (merely one source) is giving us (at https://finance.yahoo.com/news/dollar-being-dethroned-india-just-201500390.html) ‘India just bought 1M barrels of oil from the UAE using rupees instead of USD for the first time’, we can chalk this up to a whole set of reasons and if someone states that this will be the pro-forma setting of BRICS, I will not be able to support or oppose it. There is not enough data accessible to me. The larger stage is set that the US is being ignored for too man settings and that is merely in the last week. I do not care how many Pizza al Fungi’s Janet Yellen has consumed, or how magical that dinner was. The stage is that the US has become trivialised and a lot of it is by their own doing. So whilst some are staging to trivialise that India is not using the US dollar. The reality is that only 3 years ago that option would be ludicrous and here we see it play out. So is BRICS becoming more powerful, it the US becoming weaker and just how much gains will Saudi Arabia and the United Arab Emirates make in this year alone? EVROC is still a Swedish conundrum, but there are too many voices out there that are too anti-American voiced (which is not anti-stupid, my personal setting). I know I am seeing my own prophecies come to reality, but not in a way I envisioned. It could be that I never had the proper glasses to see it all, or it is because new elements are coming to bear and that second part is the larger stage I am now worried about. Not because of what the KSA and UAE are doing, but because of the US and its Trump and Karen setting, it is highly likely that it will drag the EU and Japan down with them. These latter two made the wrong calls a few times and now that the endgame (of the US) is starting to show, the back paddle actions of the EU (optionally towards China) might not be enough. I have no idea how this will play out for the Commonwealth. The stage of Canada with wildfires and 90% of the NWT being a goner looks more like a scene from ‘How it ends’ (2018) than reality, no matter how surreal both are. As such this stage will impact the rest of the Commonwealth. The UK is close to broke, and with Canada in the state it is in, the Commonwealth needs to find a safe place and footing and the US is less likely to be that place at present. It needs to find a solitary road to link to nations and that is the hard part. I have no idea what the safe route is, but I do feel certain that the US is no longer that part. I feel that finding a way to connect to the Middle East is presently safer than a link to China, but in reality I am speculating on what the safer route is. 

The setting we see now (the Nvidia AI chip) where we were given (at https://www.crn.com.au/news/ai-chips-could-save-future-data-centres-money-nvidia-599254)“Nvidia chief executive Jensen Huang has a mantra that he has uttered enough times that it almost became a joke during his SIGGRAPH 2023 keynote last week: “the more you buy, the more you save.”” Yet the setting is not merely ‘the more you save’ it is about to become who owns them and those who cannot afford them and now the KSA and UAE will have additional power positions. So consider “AI chips can save companies significant money on costs compared to traditional CPUs for what he views as the future: data centres, fuelled by demand for generative AI capabilities, relying on large language models (LLMs) to answer user queries and generate content for a wide range of applications” and a place like EVROC could set up two data centres all whilst these two nations provide the AI chips required, now we get an entirely new play and it will give these two nations the power to set a stage that excludes the US or their tech-firms. A stage none of them ever had before, as such do you still think I am boasting or creating non-sense? Too many sources had the elements available and the larger media ignored the puzzle pieces. So, is my puzzle correct? Not necessarily, but the pieces fit the image we have all seen before. This does not make the image correct, but it makes it decently likely and the more BS the American media spouts the less reliable it should be seen. This does not make China or the Middle East more reliable, but in the setting I currently see it makes the Middle East (KSA and UAE) a lot safer than the US has been the last few years and that counts, because that reinforces the image that Nvidia and EVROC are giving us, with optional speculations from yours truly (aka moi).

Your guess is as good as mine as to what comes next, but the larger fighting ring (a square setting) is about to show us who the contenders are and the amount of underdogs they face. Because no matter how much BS an underdogs brings to the table, in the ring it is what you can achieve and as I personally see it, the US, EU and Japan are starting to become the largest underdogs this century, which could be a stage pushed in by evolution.

Have fun today.

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August 13, 2023 · 20:56

Discrimination Legislation of America

This is not new and I have talked about it before (some time ago). This all started with a Tweet, not the most academic source, but it gave me somewhere to start.

Then I went out and looked for something more reliable and Forbes handed me (at https://www.forbes.com/sites/alangassman/2023/04/07/bidens-war-on-billionaires/) a story from April. 

The setting given is ‘Biden’s War On Billionaires’ (at https://www.forbes.com/sites/alangassman/2023/04/07/bidens-war-on-billionaires/) it is there we see “All American earners are subject to federal income taxes, but not everyone is subject to the same tax rate. While middle-class Americans pay, on average, roughly 14% in federal taxes annually, the wealthiest American families frequently use loopholes to avoid paying these tax rates.” This is one point of you and it is not an invalid one. Yet, in black letter law the US has tax laws. The law is what nations rely on and I agree it is not a fair one, but guess what. This is the fault of the US Congress and the US Senate. I have been talking about fair taxation for over 10 years. But the law is the law and there is an additional setting, the reason why people focus on Jeff Bezos, this is merely a first step. You see, that 20% will do nothing, America is in too deep, it is a sinking ship and the only thing these political people want to do is step out, so they can say not was not on their watch. It is too late for that. You see when that first law is passed, they might get a chunk of Bezos, but they will also get a chunk of Marc Zuckerberg, Elon Musk, Marc Benioff, Larry Ellison and that list goes on. My issue is that this is discrimination, Ageism (age discrimination), economic discrimination is also discrimination. So they are going after the real innovators, real inventors and what America wants is not their money, it is their IP, or at least part of it and co-controlling it. You really want all these systems to be co-owned by the USA? Whatever freedom you thought you had would be gone. The US has been playing stupid since the Clinton Administration, it was the last time that the US had green numbers, since then the allotted a debt surpassing $31,000,000,000,000 dollars. The US is broke and they are now in it to delay for whatever time they can. The USA has become a sinking ship, they are patching holes by cutting pieces out of the same leaking hull, it never ends well. I have pleaded for tax law overhauls for well over a decade. I noticed the slippery slope close to 25 years ago and it impacts the EU and Japan as well. China is growing, China is becoming the next power player in its lonesome position. BRICS is becoming an inner circle with China in the lead position, the moment it sheds Russia, their geese will be count as well. BRICS went from the elite of 5, to a group with 40 nations interested, the lead of the US is gone. No one follows the broke person who can no longer feed itself and with the the Kingdom of Saudi Arabia and United Arab Emirates added to the BRICS group the US has very little left, so now they are setting the stage to go after the billionaires and whatever more they can get. Yet in all this the numbers of what Apple (Amazon, Facebook, Google and Microsoft too) paid in taxation. That would have ben the fair setting, but no one is really digging into this, are they? Fair taxation starts with the corporations that was the first step and that has been overdue for decades, the loopholes had to be dealt with and that never was, that is the real story. Jeff Bezos et al used the legal options like tax lawyers to avoid paying more taxation than was required. Tax avoidance means “the use of legal methods to minimise the amount of income tax owed by an individual or a business”, which is perfectly legal, tax evasion is not legally stated and a crime. This is the stage that brings in the players like PwC, they are one of the leading experts in tax avoidance, this is why a tax overhaul had been essential for about 25 years and now it is too late. The us has its opponents knocking on their gates (BRICS and their members). So we get another populist call for taxing the rich, but it is the tax system and IRS who needed to clean their houses, they never did. I am no friend of Jeff Bezos, I do not think I ever was but that man took an online bookshop and turned it into something huge, then he went against the biggest tech company of all and created an equal if not a better version with his Amazon Luna (against the Google Stadia) which made Google leave the field (leaving billions on the floor), it almost destroyed Microsoft with its Azure through Amazon AWS. Two clear wins by (an online) bookshop. That is what Jeff Bezos did. You have to respect that and the others made their own innovative futures. Now the US wants to go after these innovator? So what happens to the US when these places resettle in BRICS territory? Good luck with that idea. So consider the Discrimination Legislation of America, the DLA, which by pure coincidence (LOL) also means Disability Living Allowance. The pay setting that most Americans are about to get towards to. Consider that the DLA ranges from around $1,000 – $5,000 depending on the member’s pay grade and dependency status. You can normally only receive DLA once each fiscal year. So a maximum of $5000 a year to make ends meet. Where in America can you live of that? I am not certain there is any place that will make America liveable and when the larger corporations leave that will be close to all that is left, until the money is gone. That is the future and I tried to warn you all, not to bite the hand that was feeding the US (Saudi Arabia) and when the tech players leave billions on the floor, why is that? I will let you decide.

Weekend is entering the last hours of the day, it is at the end of Sunday in the East (New Zealand) and at its start in Western Canada, enjoy.

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July 31, 2023 · 04:41

Escalation time

We see it, we ignore it and we shout issues of disbelieve. I am no different, I have ignored a few elements at times, even as the writing was on the wall (ceiling and floor too). I thought that politicians would wise up. I considered that the people would take the intelligent path, but a lot of them are not. As such I saw a wake up call. The call came from the Kashmir Observer giving us (at https://kashmirobserver.net/2023/07/29/the-burning-of-the-quran-represent-an-act-in-desperation/) ‘The Burning of the Quran Represents an Act in Desperation?’ It comes with a question mark, but I think that the question is a lot closer to the truth setting than anything I have seen so far. We are also given “West’s far right still live in their invincible, racial, never-ending civilisational supremacy.  However, the rise and fall of civilisations represents a universal fact. None of the dominant civilisations lasted forever. What is consistent in the fall of civilisations is arrogance and delusional belief of never-ending dominance, looking down in disdain at other people and values dear to them. The same arrogance that West demonstrated had been the feature of prior dominant civilisation that is Islamic golden age. That also saw barbarians among the other non-Muslim communities till savage barbarians in the form of Mongols descended on them from nowhere decimating Islam’s golden age, and palaces of tyranny, precious literature that had origin in Quran’s teachings.” I can get behind the sentiment, but there is an issue. I wonder if you can spot it. It is the use of ‘civilisation’. As we look at the settings of governments in the west, there is a claim of civilisation, but I feel that that semi tank left the building some time ago. I reckon that the setting was vacated with the departure of President Bill Clinton. He left the office with Wall Street in too much power and any setting that is greed driven will undo civilisation every single time. Civilisation does not compute to the bottom dollar and we have seen the impacts that followed. Now as the US is one step away from being a third world nation we are seeing the impact that christianity bends to the powerful players and in this case it was Wall Street. Ethicality went out the window and any secular power that enforces the bottom dollar gets to call shots and guess what, it opposes civilisation every single time. 

Then in comes Saudi Arabia, they were mostly quiet during the initial Quran burnings, but there would be a response and the Saudi Gazette (at https://saudigazette.com.sa/article/634563) gives us ‘Prince Faisal renews to his Swedish counterpart Saudi Arabia’s rejection for all attempts to offend Qur’an’, where we are given “Prince Faisal noted to Billström Saudi Arabia’s demand on taking immediate procedures to stop these extremist acts that are trying to undermine the holy books, and provoke the feelings of Muslims around the world.” An essential diplomatic step, but I personally fear it was not strong enough. I get that politically speaking as an Islamic nation Saudi Arabia is cautious on how to proceed, it makes sense, but the lack of actions and the strife of secular governments (in this case Nordic nations) make the lack of push an issue. You see, I wrote in several stories over the last few weeks that there is an issue with Freedom of speech versus discrimination, the burning of Islamic holy scriptures makes that a clear case. I am for freedom of speech, but not at the cost of accountability. That is the larger station. People think that freedom of speech is one anchor without any sides, but accountability gives weight to that freedom and that is what people forgot. To be honest at times I forget that too. Now my transgressions seem small and insignificant, but when you think of it, it matters to the value of freedom of speech and Sweden clearly forgot that part of the equation.

And in comes Iran. The funny part is that I tend to shy away from anything Iranian, yet in this case (at https://www.tasnimnews.com/en/news/2023/07/29/2932699/muslim-nations-urged-to-cut-ties-with-countries-allowing-quran-desecration) they might actually have a more important case to bring. It starts with ‘Muslim Nations Urged to Cut Ties with Countries Allowing Quran Desecration’, not only are they correct there is a larger truth here. This is a setting that should have been championed by Saudi Arabia or even the United Arab Emirates, but it is Iran that gives us “Over the past month, the Holy Quran has been subject to acts of sacrilege by extremist elements in separate incidents in Sweden and Denmark, where authorities gave a green light to the desecration.” I do not completely agree, but I can see how Muslims would see it that way and they have every right to be angry. The larger truth was not anti Islam, it was pro ‘Freedom of speech’ and when you see coins on any table, you merely see one side (the clever people see two sides) but both forget for an instance that there was another side to that coin and it is the side we do not see, we realise that it is there, we merely ignore it and accountability would have taken care of it, but our minds crossed out the other side. And now we have a problem and it is a large one. If the Islamic nations rekindle with the Iranian sentiment and not with the cautious approach that the KSA and the UAE hold we end up with quite the problem. 

Another view is seen (at https://www.worldreligionnews.com/religion-news/quran-burnings-prompt-u-n-human-rights-body-to-urge-increased-action-against-religious-hatred/) where we are given ‘Quran Burnings Prompt U.N. Human Rights Body to Urge Increased Action Against Religious Hatred’, this sounds nice, but it is a little too late for this.

More importantly too many newspapers and media shunned this setting and it is Al Jazeera that showed us two weeks ago (at https://www.aljazeera.com/news/2023/7/12/un-bodys-motion-on-quran-burning-how-did-your-country-vote) the part that matters. The people against this increased action on Islamaphobia include the UK, the EU, and the US. They revere their freedom of expression and are refusing to let accountability take a center seat. A stage that they are intent on pushing, a place where there is freedom of religion as long as it is under the direction of christian based elected aficionados. Sounds familiar?

And I think it is about to get a lot worse. Personally I think it is time for the Kingdom Holding Company to take a serious look at my IP as it pushes a lot more than accountability, it unifies muslims and that could open a lot more doors, especially as it pushes western media out of the way. The fact that I had to rely on an Iranian source all whilst the western media is setting a stage that is no longer reliable or accurate is cause for concern. And this is not really the end of it all, a mere 15 minutes ago we were given ‘Denmark to put legal limits on protests involving Quran burnings’ and the setting there is “Denmark’s government on Sunday released a statement saying that it would put legal limitations in order to stop the demonstrations involving the burning of the holy book Quran in certain circumstances, citing security concerns”. Really? How about the EU charter where we are given “Any discrimination based on any ground such as sex, race, colour, ethnic or social origin, genetic features, language, religion or belief, political or any other opinion, membership of a national minority, property, birth, disability, age or sexual orientation shall be prohibited.” The burning of a Quran is a clear act of discrimination, it is time for the EU to own up to that reality and act accordingly. The cornerstone of all this is accountability, I have stated this for 13 years and now that it all comes to pass the setting becomes an accelerator for a lot of things. I saw the power that one point eight billion people have, I saw the impact and how quickly the sands of opportunity will decimate for the EU and US if they do not wisen up and that is about to happen. The three new BRICS members is one, but if they push for a ban of Nordic products is merely the first step, it could mean a lot more bans that the middle east could push for in the near future. So what happens when over 400 million people in the Middle East decide to ban products from the EU? Don’t think it will not happen because Sweden and Denmark are merely the first steps. When Asia (India and China) steps up to replace items that enrages people there will be a sudden drain of revenues all over the EU (US too). 400,000,000 people needing a new alternative for products. So what happens when these places ban all Cadbury and Nestle items and Amul items take their place? What happens when Paneer (Indian cheese) replaces European cheeses. I bet the Dutch, Swedes, French and Italians will not be happy and that is merely two out of hundreds of examples. The Middle East has buying power and what happens when that is pointed in another direction? 

That is the larger setting that we need to be aware of. Do you really think that you can have freedom of expression without accountability? We are about to enter a phase of escalations and it does not bode well for the EU (or US for that matter). Feel free to disagree, but when the clock rings and you see how in August / September revenues are down all across the board the EU finds itself in a stage that is merely less than an inch for another recession, no matter how much it is labelled an economic downturn, because that is always how it starts, but this time around it could last well over a year pushing a massive amount of businesses out of circulation. Then what?

And it is just the start of the week, have fun.

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July 29, 2023 · 08:55

It only took three years

That was what pushed into view. I was about to write about something else, a movie idea I had. Yet several other messages came into view which pushed me to realign my focus. You see, I had the view just before CES2020 that Huawei was going to be a large player, much larger than anyone guessed. Even I had not thought that far ahead as certain plays by the STC (Saudi Telecom Company) were not in view yet. Now it becomes a much bigger play and two players (Huawei and STC) could reenforce each other, a setting that was not visible in 2019. So lets take a look.

Article One
The first article was brought to us by the Hindustan Times last year (the year of Soylent Green, another idea that I already wrote about but came to the top of my mind again last night). Here (at https://tech.hindustantimes.com/tech/news/huawei-launches-harmonyos-to-compete-with-google-s-android-71622644049707.html) we are given the idea that Huawei is pushing for a release to 200 million mobile phones. An achievable mark to say the least, the rest was bla bla but the notion was given. 

Article Two
Tech outlook gave us two days ago (at https://www.thetechoutlook.com/news/technology/os/harmony-os-4-0-to-debut-on-august-4-mate-60-5g-expected-to-debut-alongside/) ‘Harmony OS 4.0 to debut on August 4’ and that is the part certain people were all waiting for. The text “Apart from Harmony OS 4.0, the Chinese manufacturer is rumoured to announce the Huawei Mate 60 5G at the HDC 2023 event. As mentioned above, it will be the brand’s first 5G flagship phone after facing US sanctions. While the Mate 60 series is expected to be announced at HDC 2023, the company will hold a dedicated launch event for it in September or October this year.” You see the ‘US sanctions’ part reads nice, but the play doesn’t go there. STC and Huawei has as of the coming month a larger setting. This setting will include Egypt, BanglaDash and Indonesia. This gives them a lot more than the targeted 200 million phones and the moment STC enters the EU they will have the needed traction, the STC 5G network will have some serious ‘umph’ as the expression goes. More important, a network that stretches to that degree will push the US and EU out of a few areas, or at least make them suffer the loss of expected revenue by some analytics, they will tumble twice over. 

I’ll be honest, I saw the play, but not to this degree as the STC was not on my radar. I reckon that there was always a chance that Etisalat (UAE) would grow, but that is not in the cards at present. This is important as the needs of Saudi Arabia and the UAE are in the same direction, but they are not aligned. That difference is important and there is a chance that the STC will offer services that include the UAE. I reckon that the UAE might want to connect to Center3 and the STC for the additional business it will bring them, but that would be pure speculation on my side.

What does matter is that with the release of Harmony 4, on August 4th a new play opens up and it might go a long way to allow a digital setting to the MBC group to the settings they have in play at the moment. They will push the sports and news groups that are in the making with larger digital channels, just after they make their IPO offer (which Bloomberg mentioned only 3 weeks ago), now with the channels and digital groups in play it goes well beyond the shores we see at present and with Huawei at the mobile front, they can offer something larger than most have ever had and it will appeal to the hungry revenue entrepreneurs in Indonesia and BanglaDash. They will add hundreds of millions to their pool, hundreds of millions that haven’t ever had access to anything (of that nature). I reckon that by Q1 2024 the STC could have doubled in value and they were never a small player to begin with. Now add Egypt and you get a much larger population, mostly Muslim and all eager to be economic players. I reckon that BRICS had a few ideas on adding Saudi Arabia. And the US? Well they are still screaming middle east stability and requiring cheap oil in a play that is already outdated. And as we can clearly see, Saudi Arabia and China are getting along just fine, no EU or US required. That was a danger for some time and new we are about to see the fruition of these players. You still think the US was in Saudi Arabia for merely ‘stability’ reasons? Come to think of it Janet Yellen was in China recently, with these elements now in view was it really about what they say it was? 

This is in part speculation, it does not make it true, yet you have to wonder if I saw these events unfold, they did not? I might not have seen the impact of the STC and MBC groups in 2019, but these people (Jellen and Blinken) get a large 6 figure income more than me (Jellen gets a 7 figure income), you mean they were in the dark? Go cry me a river, please.

Huawei should have enough to get their target from Egypt, Indonesia and BanglaDash alone and they have close to half a dozen nations more on their mind (China being not the smallest one) and as expansions go, with the Huawei 5G network in play, the STC can grow a lot faster, allowing the MBC sports and news channels to reach a few additional nations. This alone will make people in the EU want to see what they are missing out of. I reckon that the advertisements alone will pay for this caper and then some. A stage that grew in under 4 years, as such the EU and US now have a problem. You see all these TV channels and media players are about to become obsolete to a much larger degree. They can shout MAGA and Karen’s all they like, the rest are able to switch the channel to something they would much rather watch and there it seems that the MBC Group has you covered. I personally wonder what Murdoch is worth by the end of 2024, because when the advertisers go away, he is just shouting arranged news to people who are not interested in listening, that part of the pool he soiled himself as I personally see it.

Enjoy the weekend, or as they say at MBC in Arabic “رحلة جديدة في الخدمات الرقمية”

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July 28, 2023 · 12:51

On the way to……

I was on route to some IP pondering when the Al Jazeera story ‘White House adviser Jake Sullivan meets Saudi crown prince for Jeddah talks’ crossed my path. Immediately the thought   “There are just so many ways you can beg for cheap oil” passed my mind. OK, that might have been out of line, but the premise still sets. The White House have send nearly every large caliber in the direction of Saudi Arabia without making it an overly clear ‘White House’ event. The story also gives us (yet again) ““We were going to, in fact, make them pay the price and make them, in fact, the pariah that they are,” Biden said during a 2019 Democratic debate.” These were hollow words given at the wrong time. And now almost 4 years later the setting is as dire as the US has ever had them, but OK. Try to make us all believe that this is about ““bilateral and regional matters”, the White House said, including initiatives “for a more peaceful, secure, prosperous and stable Middle East”” Sure, make it about the one thing that the Middle East does not need the US to initiate. It has initiated enough imbalance to last it an eternity. Even as Reuters gives us ‘Oil settles above April peak on tighter supply’ (at https://www.reuters.com/business/energy/oil-up-supply-tightness-view-offsets-concerns-rate-hikes-2023-07-27/). We need to consider the impact of “Still, oil dropped on Wednesday after data showed U.S. crude inventories fell less than expected and the U.S. Federal Reserve raised interest rates by a quarter of a percentage point, leaving the way open for another increase.” You see, this scorcher of a summer on the northern hemisphere is also impacting energy costs, AC and cooling units are working overtime, as such winter could be a killer. I am using could be, because there is no clear evidence that this summer will leave us with a mild winter, implying that the US and EU are facing 5%-15% more energy needs and with the price of oil that could be a massive impact. One source is giving us today “Standard Chartered analysts conclude that crude prices are finally starting to catch up with the reality of a tightly supplied oil market.” Really? I got there months ago, so how are these clowns actually making their money? A tightly supplied market is the premise of shortages close to everywhere, and if you think that the EU is a nice place now, consider 28 members fighting each other for the same oil allotment, should be fun. I will invest in popcorn, we would all want some so we can watch the nagging tea bitches fight this one. I saw some forecast charts, but I had issues with them (optionally) for the most I might not get all the elements in that forecast. That is simple as I am not in that business. Yet the larger part is how the prices (allegedly) dip a little in early 2024, as I see it as these settings continue, the world (EU and USA) will face oil prices of $90+ from December 2023 onwards. I have no idea how high they will get, but the larger setting no matter how managed it is, the shortage will continue and press pressures up to weird levels all over Europe. All that is before China achieves a larger stake in the oil supplies. The US is silently hoping that they get it all from Russia, but without the cap in place China sees a larger benefit vying for the same stack that the US and EU are vying for. Call me nuts, but I reckon that is one scenario that could go south for the EU sooner rather than later. We all see what is given to us as to the events happening, but there is something off in sending National Security Adviser Jake Sullivan a month after Anthony Blinken went there. Something does not add up and it might just be me, but there is more to this visit than the press tells us (which is what the US likely told the press), they need something and cheap oil is the first thing that comes to my mind.

And in the heat the US and EU faces? Well I reckon one barrel of oil per household to keep it cool should do it. Oh no, there are only 2 million barrels to go round (times 90 days = 180) , so what about the other 600 million people. How will they get cooling? And what about winter, which 600 million need to face it without heating? Yes, the equation is not correct, but the sentiment is. For the first time since 1973 will we face an oil shortage. I tried to warn you all but too many called me stupid and insane (the latter might be true). So I will see you buried, frozen to death soon enough. I wonder if anyone realises how dire it is about to become and don’t blame me. All these analysts should have been there long before I arrived at that station, so why weren’t they? They can ignore it for now, but in February when the death count starts, their BS reasoning will be met with the anger of people who lost someone in the big freeze of 2023/2024. What will they do then?

Enjoy the day and enjoy the AC at current prices, the weekend is about to start.

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July 27, 2023 · 13:47

Sportwashing, what does it mean?

I have had my issues with the media for the longest of times. This time something on sportwashing, written by a woman (of course) where the Guardian gives us (at https://www.theguardian.com/world/2023/jul/26/revealed-saudi-arabia-6bn-spend-on-sportswashing) ‘Revealed: Saudi Arabia’s $6bn spend on ‘sportswashing’’. This setting comes across as a massive joke (to say the least). So when we are given “Billions deployed since early 2021 in a move critics say is an attempt to distract from human rights record”, so who are these critics? Names please? The reality is a lot easier to set in. This is not about some wash, this is about the beginning of the end for media players all over the globe. The setting al almost 2000 years old and was given to us by Decimus Junius Juvenalis who phrased ‘panem et circenses’. He accused his world of “to generate public approval, not by excellence in public service or public policy, but by diversion, distraction, or by satisfying the most immediate or base requirements of a populace, by offering a palliative: for example food (bread) or entertainment (circuses).” The west (especially America) took this to heart and for decades it worked for them. We all got the NFL, NBA, NHL and so on. The problem becomes when the well dries up, when the coffers are empty. This was an event that people like Gaius Caesar Augustus Germanicus (aka Caligula) faced and now the west does too. That being said, as I stated a few times over, Saudi Arabia is about to become the largest 5G hub in history, connecting Africa, Asia and Europe via Saudi Arabia (STC), as such the new (soon to become released) news channel makes sense. In addition to that they need to create waves of watchers and as these high end sports will all set the focus to Saudi Arabia. Football, Formula One, eSports, Golf and that list keeps on growing. Soon all eyes will be on the STC and the MBC Group soon enough and that matters, the MBC group started in 1991 and in 31 years they grew and they are about to become the biggest player of them all. I saw part of this and adjusted my IP accordingly (to some degree). And as they go live, the advertisers will walk away from the BS channels we watched for decades. Advertisers will go where the money is and that has nothing to do with sportwashing. That is the business of the day. As such I have no idea where people like Ruth Michaelson get their ideas but they are massively flawed. Then she starts to add fictive settings based on the disappearance of Jamal Khashoggi, which is interesting (apart from that essay joke by the UN), no one ever presented clear and defining evidence on that part. It is my speculation that some people accepted some form of guilt after the immense bashing by the media and political players (I will exempt the Washington Post from this). It all starts to take shape and tis shape took some time to gather as this was a long play and the media is finally starting to figure out what I saw well over a year ago. These media people are about to become obsolete. All these ads in the UK and US, now pushing female football. This is simple, as I see it the other gender will be broadcasted all over the channels that the MBC group has and once they start owning stations in Europe the final part of this strategy becomes clear and just like Google buying YouTube, the MBC group will gather billions in advertisement revenue within the span of a year making Fox News close to obsolete, moreover over 300 sports channels will at some point show the MBC group logo and that is when the coins really start flowing into the coffers of the Kingdom of Saudi Arabia. Losers like Microsoft and peers like Amazon, Apple, Google and Meta will bend over backwards to connect in some partnership to the MBC group. As such the evidence is out there in all kinds of messages and news casts. You’ll have to dig, because the western press has been drowning whatever news came from the KSA, but it is out there, as such I wonder who came up with the lame term ‘Whitewashing’ more important, as the media does close to nothing to the actions in places like Iran, do you think that Saudi Arabia needs to spend billions to hide whatever Human Rights issue is in play in Saudi Arabia? What a farce that presumption is. Saudi Arabia and other Islamic nations rule and act according to the Quran, the rules of Islam and they are just a few steps away from being the most dominant religion on the planet. Perhaps doing something about catholic paedophiles well over a decade ago was the best course, but feel free to disagree on that one. And there is a second upside, the NHL will prosper as other nations add their visibility to the global population, not in the least by the UAE Ice Sports Federation and its 50 members. Did you know that the Ice Sports Federation in the UAE was that big? What else are you not ware of and what is being kept out of western news? So which Cricket fan saw any matches on TV that were Pakistani or Indian based? Consider all the sports we will be getting soon and wonder why the others did not give us that, kept it from us. Why?  It boils down to money and short earned cash at that, when you play the long game the earning are different and the earnings could be long term. So consider all the sports that the US and EU have to bid for, all whilst they have no money left, only on paper, but that does not pay the invoice, especially when the banks fold. 

Enjoy the day, one day left to the day before the weekend that comes.

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July 21, 2023 · 19:21

The writing is on the floor

Yes, it is the case here, never mind what the walls say. I have made mention of this again and again. The US had a piss poor approach to their innovation lack. First they tried to make Huawei their bitch and accuse Huawei of all sorts of things, whilst setting a backstabbing approach to remove Huawei from revenue streams. They did this in the worst possible way and they did it without any corroborating evidence. Then we get the setting that the media is painting China as the big evil. Yet America is not held to any standards. This is an issue for me and for most people relying on evidence. As such the article ‘Xi Jinping meets Henry Kissinger as US seeks to defrost China ties’ (at https://www.bbc.com/news/world-asia-china-66106076) comes over as hollow. In this the BBC has its own share of issues here too. As such when we see ‘US needs Kissinger’s diplomatic wisdom’ I would state “How about some simple wisdom?” Today Al Jazeera gives us ‘Australia blocks acquisition of lithium mine by China-linked firm’. I am not commenting on the events because I know too little, yet it is again some event involving China. Now, there might be all kinds of circumstances that could show it to be a valid block, but the fact that this started in January implies that a block this late has other attached reasons too. The issue is that the media is adhering to the US needs to paint China negatively in many ways and there is only s much you can get away with. At present Huawei is rocking the telecom industry all over Asia, the Middle East and soon enough Africa and Europe too. That will increase and accelerate with the release of 5.5G years ahead of Nokia and others, as such China, Asia and the Middle East are about to get a huge advantage. I reckon that the United Arab Emirates are about to become a larger technology hub in the Middle East and this one will stretch wherever the STC (Saudi Telecommunication Company) reaches. I reckon that before the end of 2025 it will connect Asia, the Middle East, parts of Africa and southern Europe making it pretty much the largest telecom company around. That was what I tried to warn you all for, it opens up all kinds of doors and with the release of 5.5G, my IP now has a shining new setting. One that the US and EU cannot match. They do not have the IP, they have shown consistent cluelessness and even Google and Amazon could fall short here. So what do you think all that will cost these players in revenue? So when I see ‘US seeks to defrost China ties’ I merely laugh. This was a joke and a mistake that was years in the making, now that the events are coming to a close (as the Conversation gives us) with ‘China is playing the long game in the Pacific. Here’s why its efforts are beginning to pay off’ (at https://theconversation.com/china-is-playing-the-long-game-in-the-pacific-heres-why-its-efforts-are-beginning-to-pay-off-209960) where we are given “Other appointments suggest China is appointing higher-calibre diplomats to the region. These include Li Ming, the current ambassador to the Solomon Islands, and Xue Bing, the former ambassador to Papua New Guinea who now holds the challenging post of special envoy to the Horn of Africa. With experience in the region and good language skills, these diplomats have been more able to engage with Pacific communities than their predecessors, who largely focused on sending good news back to Beijing. More serious representatives suggest more serious intent.” A setting I never saw (because I was looking elsewhere) and when you add this all up it becomes a much larger issue (especially for America). There are unconfirmed rumours that Saudi Arabia will join BRICS in August. There is every chance that the UAE will either join at the same time or shortly after. Now with China and Saudi Arabia (STC) having a united telecom front with 5.5G years ahead of all the other players, the setting for global telecom will shine well before the end of 2023. I made mention that I had found something in the last two days and here it is. It is not merely what they are doing. Players like Amazon and Google have the option to create service centres in the UAE (Dubai or Abu Dhabi) most likely and ride that tidal wave, or whomever gets there first will have the option to take market share away from these two players. Huawei is ready to start there, but they cannot do it alone, the waves will be too high. Google is already there (I checked), but unless they get the infrastructure ready others will pass them by left and right and there is the option for billions. Whomever is there first will be able to set the score, not adhere to it and that setting will go from Shanghai in the east to Croatia in the west all whilst these networks will include China, Bangla Dash, Indonesia, India, Pakistan, UAE, Oman, Saudi Arabia, Egypt, from there it all goes into Europe via TAWAL. A setting no telecom company has had to THAT degree and what do we get from Washington? ‘US seeks to defrost China ties’ I think it is a bit late or that and it is about to get worse, especially if the 5.5G is launched in Q4. Those ready to upgrade will show the rest what a massive lag in streaming technology looks like. It is like watching Wall Street people deal in stocks whilst having a system that is 3-4 milliseconds slower than the other system and it takes less than 50 trades to see a decent profit be reduced to a massive loss. I haven’t even taken the lack of labour force in the US at present, which makes their $42 billion overhaul plan an Edsel to say the least. All this was visible several days ago, but go right ahead, consider that China will defrost, they have been playing the long game and now that will turn into a near total victory. The setting I never clearly looked at was the pacific region, I saw the plans for Indonesia, but not the other parts and these are all about to come into focus. As I see it, by late 2024 Germany will chose solutions for their services and Huawei will have them, others do not. The moment that happens (I made mention of that before) France will adhere to the need of economic stability and that is where the EU either overturns the US directive, or be made (close to) obsolete. And all that happens whilst Tencent Technologies is about to launch a few products as well. My IP is in a different direction and I was (sort of) testing that premise beyond the Dubai Mall. I equally looked at the settings for the Mall of the Emirates, Nakheel Mall, tourist settings as well as the Real Estate setting which was a $20 billion market in the UAE (I did not initially know that), so I looked at my Canadian ‘solution’ to the UAE, and now we are vying for the big bucks (I am allowed to dream, am I not). Whatever YOU think, these elements are out in the open and some of them were out in the open since the first Covid lockdown (2020), so players like Amazon, Apple and Google had 3 years to wake up, as far as I can tell they never did.

So the writing was on the floor (the walls too) and these players were all watching the sky to see how their revenue streams were set up and doing. The media was full of it and with the shortage of people and pretty much dumping thousands of people, they had to look at the Middle East and see if these people would be willing to move to a new shore and that is where others will soon have a larger advantage. That I how I personally see it. 

You make your own conclusions, but take the time to go through all the sources, too many media is playing a catering game and they are not serving food. The day before the weekend is underway, enjoy it.

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