Tag Archives: us debt

May 12, 2025 · 16:58

America’s shifting phase

This morning Arab News (at https://arab.news/9hjca) gave us ‘First Saudi-made THAAD system parts completed in Jeddah’ Saudi Arabia has been aiming for the need of internal national interests to have this done. We are given “Saudi Arabia has completed the first domestically manufactured components for the Terminal High Altitude Area Defense system launcher in Jeddah, marking a significant step forward in the Kingdom’s ongoing efforts to localize its defense industry.” And as we are given “Tim Cahill, president of missiles and fire control at Lockheed Martin; Nawaf Al-Bawardi, assistant deputy of the General Authority for Military Industries; and Wasim Attieh, president of AIC.” We seemingly are all OK with this, this is not really news. Saudi Arabia was aiming for this all along. In this case the Terminal High Altitude Area Defense system launcher (THAAD) was on show. But the story goes beyond that. I reckon that the FEINDEF 2025 (Spain) as from today was the second initial kick off, but there were other symptoms. There was the (DSA 2024) in Kuala Lumpur and the International Defence Exhibition and Conference (IDEX/NAVDEX) in Abu Dhabi, UAE. I personally believe that Saudi Arabia kept close eyes on the ready date of this system as it allows them to gain interest from Bangladesh, Egypt and Indonesia, they might not be ‘big league’ material, but Bangladesh and Egypt represent almost $5 billion each and Indonesia represents $11 billion. Now, they don’t spend it all in one go, but Saudi Arabia is said to get a speculated part of that and even with a mere 200 million (over all three) that becomes a massive boost for the Saudi Defence industry, even more so, it would be revenue that America and Russia loses. Gives the expression “when two dogs fight for a bone, the third runs away with it” a new side to that equation. So as Lockheed Martin is locking in their services and consultancy for close to another decade, Saudi Arabia’s first delivery system is gaining strength in the defence industry. Bangladesh being 35th, Egypt 19th and Indonesia 16th. They are giving strength to the Saudi Defence industry. So as I saw that market evolve in February 10th 2022 in my story ‘Oh darn, I am missing out’ (at https://lawlordtobe.com/2022/02/10/oh-darn-i-am-missing-out/) with those decrepit tea grannies, it took Saudi Arabia a mere 3 years to evolve their own market. They now have their own industry. So cry “stop arming Saudi Arabia” all you like, the only thing they’d hurt was the British defence industry. And as I see it, they are about to do a lot more than hurt ‘the British business’, they are gaining political power by giving the Arabian nations and Asian nations their own voice, not hindered by America, Russian or British political powers. Now they (meaning Saudi Arabia) become the global political power player.

As I see that, I am reminded of the old setting that my granny complained about the essential need of the young to rely their technology, so I switched off her life support. How’s that for fun?

The world is getting smaller and the reach of every nation is increasing and now we see clear settings (not through alleged sport washing) that Saudi Arabia is becoming the larger power in the global arena. In the 2025 edition of “The Military Balance” from the International Institute for Strategic Studies (IISS) is currently on the 7th place, yet if this takes off Saudi Arabia will be in a position to become 5th, optionally 4th and their defence industry will be making a profit as the Arabian nation will see that Saudi Arabia is the ‘friend’ to hold in esteem, as that starts happening Pakistan might also change vendor it is at present a mere $10 billion, but as it is only 12% of India, it might see reason to switch if Saudi Arabia is willing to talk shop and that is another slice of pie that will not end in America’s or England’s budget. As I personally see it a start has been made for Saudi Arabia to become less dependent on their oil industry. Starting ‘small’ is a beginning, so as Saudi Arabia creates more options. I reckon that they would likely evolve their drone industry next, Saudi Arabia is becoming a much larger industry. Only 5 years ago we would have seen an industry with America, Russia, China and the United Kingdom as players. Now even at 5th place, Saudi Arabia becomes the new player in town and that sets a new premise for global economies. Russia and America never had to share that revenue pie and I guess they will have to content with less as per 2026 onwards. 

A nice setting for Saudi Arabia who is likely to seek more revenue from Pakistan as it is outmatched to India at 2:1 in the best settings they can hope for and that allows for larger business benefits for Saudi Arabia. We tend to forget that war is business and their business is war. A little outdated setting, but we forget that it isn’t ugly to some, it is a payday. An essential need for any nation is to defend itself from enemies hostilities and that setting is over 2000 years old. It was given to us by Julius Caesar (that Italian dude). He did so in Commentarii de Bello Gallico at 50BC.

I reckon that the Saudi defence industry will be more than a simple blip by the time we get to 2027, still three years ahead of the schedule we saw 5 years ago. 

And as I personally see it, these tea grannies (CAAT) are still drinking tea, but the option for a biccie with that tea will soon be done for, because the revenue you hurt also impacts what you can have and they vied for less, so they will have less. I take my learning from someplace else. America decided to hurt Huawei as they were a threat, now we have HarmonyOS entering version 5.0, and Reuters gave us last November that ‘Huawei wants 100,000 apps on Harmony OS within a year’, and set that against Alphabet (Google) had announced plans to cut 12,000 jobs, or 6% of its global workforce In January 2023, Amazon laying off 14,000 people in name of efficiency? (Source: MSN) and in 2023 Microsoft laid off approximately 10 000 employees followed by an additional 4 000 roles being cut in 2024. So with these big three ‘decimated’, who will counter Huawei? As I see it no one and now Huawei will have another industry to set foot in. Because all these Saudi systems require automation (as well as other options) as such HarmonyOS will be seen almost everywhere and that is only the beginning. Those who push to limit others, merely limit themselves and we have plenty of evidence there.

As I see it the shifting space of America is seeing that they never wanted other to be in certain places. This sounded like an idea in the 80’s when America was a global power, but they no longer are. They are mere steps away from becoming a third world country. You cannot remain a 3.4% military spending of GDP whilst being seen as a 37% of global spending. A 997 Billion invoice where in the fiscal year 2024, the U.S. federal government collected $4.92 trillion, not whilst you have $36.21 trillion in federal debt (and they cannot pass a budget either), it just cannot be done. As such the America setting will implode all whist their tech is set to impossible markers. 

As we consider this and we consider that the Russian stage merely sounds better (whilst it isn’t) there is every possibility that be 2027/2028 Saudi Arabia could become 4th or 3rd as a defence industry by that time. The idea that Saudi Arabia surpasses or equals America in three years is making me giggle. How the mighty fall, so how’s that for looking great, President Trump? It started on your watch in 2020 and almost a decade later you become allegedly surpassed by Saudi Arabia by 2027, a nice footnote in your memories and I reckon you will blame everyone but yourself in that writing. I am curious what the World Defense Show 2026 in Riyadh International Convention and Exhibition Center will give us. I reckon that Saudi Arabia will have a few nice surprises in that show. I am willing to bet that Huawei will have a stand there to in showing us what the Internet of things driven by HarmonyOS will give the world.  I reckon you need to reserve tickets for the event  on February 8-12, 2026 now. As I see it the first day will be for the larger customers, so February 8th has been sold out to preferred customers. So, when will you optionally go? 

I won’t be invited, so let me know how the snacks were, they tend to be magnificent at these events. Now I’m hungry, time for some peppered crackers. Have a great day.

Leave a comment

Filed under Finance, IT, Media, Military, Politics

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

February 16, 2025 · 03:56

The added parts

A little over a year ago I had an idea. It was founded on the God of War 3, not a game copy, not some replica wannabe. But a full grown RPG, based on the foundations of Olympus. I saw what I initially had and I decided to give parts a rewrite. You see, we can only be as unique as we make ourselves to be. The game wasn’t a copy, but it lacked a few sides. I thought that this needed adjustment. The first setting was good, but I wanted more, an introduction outside of Olympus. And that was where I had an idea. The original story was ‘It was this simple’ (at https://lawlordtobe.com/2024/01/15/it-was-this-simple/) and I wrote it in January 2024, a little over a year ago. I considered the stage and it was too predictable. As such I wanted to add an intro level. After you go through the mirror, you get to a field with houses, these houses are meant for the upper slaves of Olympus. They had a little more. The houses are in a circle and there is nothing more to see, yet as you enter the houses, they will seem to have security active, these systems have been dormant for millennia, but once activated the become active. I want to set the stage that the upper slave of your deity is save to enter and as such you will learn to interact with objects, you will see the security drone ignore you (in one house only) so you can practice stealth. As such you will have motion, observation and interactions set. You could also enter the other houses, it is not essential at this point but the houses have part of the lore of the story. And you can always revisit the circle of houses when your rank goes up. There are 11 houses for the 11 gods, the 12th house is in Tartarus (in the palace of Hades). The second play through you can select Hades as your deity. 

Then there is the lore of the story. The lore of the upper slaves lead to the lore of the slaves and to scrolls, tablets and jewelry that enables you to select the houses. It was here that I considered another side. As a female you would have the diadem of Aphrodite. But as a male you cannot enter her domain until you have a much higher rank and as such you could gain the bracelet of allegiance to Aphrodite or the Diadem for men of Zeus or the trinket of a god equal of higher then Aphrodite. This comes down to the jewelry of Zeus, Poseidon or Hades. I have yet to create a structure on this. There is Zeus, Poseidon and Hades, the rest are nearly all equal except Athena, Apollo, Ares and Hermes. So they have access to nearly all others (except three) Hades, Makaria,  Zagreus and Melinoe. 

The lore is set to stories on scrolls and tablets. I need to see if it is an IP violation if I use part of the stories of Homer, Hesiod, Aeschylus, Sophocles, Euripides, Pindar and Apollodorus. If it is, I need to write passages in their styles to give the feel of authenticity. 

So whilst we are about to put ‘life’ bank into Olympus, I need to consider a few other sides. I considered that this might have an alternative use. And if that works it would be some feet to achieve it. But that is for later. 

For now I have to look at what I am seeing not. You see the Guardian gives us “The US vice-president was hypocritical and insensitive, but bracingly clear in his resetting of relationships” You see, we are given a story that fits the need of the Trump administration. And when you take the tariffs and this “Vance portrayed a continent that had lost its way. Why was the security conference talking about defence budgets when it was not clear what they were actually defending? he asked. It was clear “against what” they were defending, but not clear “for what reason”.” This set may mind at work. You see, it is about money (it usually is) and America has nearly none left. America has $36.22 trillion in debt and last year the US budget deficit tops $1.8 trillion in fiscal 2024, third-largest on record whilst they got $4.47 trillion in collected taxation. And the bad nows here is that they had a decrease of 15.5%, a drop from the 14.3% increase we saw between 2021 and 2022. So they are getting less tax dollars and they are borrowing more. So how can that continue? America wants out of NATO because it can no longer foot the bill and the Trump administration has 4 years to go. So when America starts handing out the IP in their patent offices to foot bills, American businesses are up for a massive panic attack. 

That is how I see it and I could be wrong, but after the tariff wars (still ongoing) and their attempt to annex Canada, is the idea so far fetched? Add to that the entire DeepSeek dilemma and whatever they tend to achieve with their StarGate is my idea so preposterous?

As such whatever ideas I have I need to hand to Japan, Saudi Arabia, or the UAE whenever I can, because life in the Commonwealth is about to become nearly unlivable. And the media is still not covering the massive debt that America has and how that is fueling their actions. Is it that hard to see? I reckon that a stronger unification of the Commonwealth will be required and a lot sooner than some non-Canadian politicians imply. And now as Australia gets the tariff bill, there is a chance that Anthony Albanese might seriously reconsider finding solutions with Canada, India and the UK. Ah well, perhaps living under the Greek gods was a lot simpler. 

As such have a loverly day and consider what YOU can do to support Canada in its hour of need.

Leave a comment

Filed under Finance, Gaming, Media, Politics

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

August 25, 2024 · 22:28

When one bank wins

This is the setting I am facing. It is set to the speculative setting of we all have a certain amount of money (me not that much), still the Arab News (at https://www.arabnews.com/node/2568749/business-economy) gave me something to ponder. 

So it all starts with a certain amount of speculation. In any given en time there is an amount named X. X is a little fluidic, but X represents a real number, what that number is, will be known to just a few people, it tends to shift a lot on a day by day basis. So when we are told ‘UAE banks see 8.9% rise in short-term deposits to $14.7bn by May’ it infers that someone else lost this, optionally several players a part. Natixis made a profit and several other banks do. As of July 2024, the United States government has a monthly interest rate of 3.33 percent on its debt of over $34,000,000,000,000 dollars, which amounts to 11.2 billion. If you say that fast it doesn’t seem so much. As I personally see it, the chains around the debt driven economies are about to choke the living daylights out of its population. Yet, as some are trying to avoid to become another Silicon Valley Bank (SVB) and two months after that the First Republic Bank. That was in 2023. So what (or who) handed the UAE-based banks such as neat little profitable setting? Wouldn’t you like to know? I would and there is every indication that it was all on the up and up. And the article ends with “Profitability surged to 21.5 billion dirhams, driven by higher net interest income and a significant drop in impairment charges, according to New York-based global professional services firm Alvarez & Marsal” it is interesting that we do not get where these funds originated. I can understand that banks do not wash their laundry out in the open, yet after the SVB debacle, the media should hand us the goods, or at least partial goods. It is nice to see all the banks do well, yet the setting is that it comes from somewhere and the people have a right which banks are not performing as well as they should.

I reckon that this is a dangerous stance and it could fuel several other bank runs, but the reality is that the western media is not to be trusted, so where can we get the goods?

We get that debts seen all over the planet also inclines that someone is making a bundle out of that. Merely the US needs to make good on $96.8B EVERY MONTH to keep their image of ‘we are doing so well’ up, but who pays for that? Especially now that business is going to China and some to Europe. Soon, I believe that this point was already passed, to US cannot even keep up the interest payments, then what? As I see it, the big players and billionaires will place their trust funds in the UAE, Saudi Arabia, Monaco and Nassau. So what happens then?

I have no idea, but it will not be pretty, not for Europe, not for Japan and not for the USA. Japan has $9.2T debt, Europe has accumulated an impressive €12,732,445,200,000 debt, if the percentages are the same, we see Europe needing to find €35.3B each month and Japan a mere $25.4B a month. That money come from somewhere, does it not? Last year the US collected $4.44 trillion, this sets a dangerous premise. The interest in the US over a year is $1.16T, a simple 26% of the tax budget, lost to nothing (read: banks) and this implies that to break even the budget needs to set to 70% of the money and as we were told “The U.S. government has spent $5.60 trillion in fiscal year 2024 to ensure the well-being of the people of the United States”, which implies that not only are they not keeping a budget, they haven’t been able to keep it for years and now we see other nations getting a larger slice of the revenue pie. So, how much longer can this game be played? You think Russia is bad? I wonder how bad the USA can become when this setting implodes on America. Are the two connected? Not directly and it floats on my assumption that if one bank wins, another bank loses, which bank loses is unknown to me, I don’t have a clue, but as I see it, the media faltered in their jobs to inform the public. 

And should I be wrong, I apologise. Yet I believe to inform the readers when I can. Have a lovely Sunday, which is now starting in Vancouver, they are ready for breakfast (it’s 5AM there). 

Leave a comment

Filed under Finance, Media

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

January 29, 2023 · 01:55

Simple History

It all started with a tweet I saw a few hours ago, it was tweeted 14 hours ago. See the image below, Elon Musk gives a response that sounds nice, but he is more clued in on finance, so he was every bit as aware as I am, this is going south really fast now. 

This jugged my memory and I had to search the system (and my memory) for this. It was an article I wrote in May 6th 2020, well over 2 and a half years ago called ‘New World Order’ (at https://lawlordtobe.com/2020/05/06/new-world-order/) where I wrote “Even at 1%, the US will have to hand over $25,000,000,000 in interest, and there the setting is stage, or better yet the stage is set. The BBC reported that “The government has also extended the annual 15 April deadline for tax payments adding to the cash crunch” it is the final downfall acts through a consumer based economy and we will all feel that crunch as the US governing table will now mandatory include a representative of the banks, not some ‘political commission’, no a stage where the banks set the stage of what is allowed to be done.” I was overly optimistic, the tweet gives rise that the interest is a whopping $853 billion, a lot more than I guessed at, over 25% of the entire budget to merely pay interest, no debt reduction, to do that about a third of the budget needs to go there and the impact will finally be visible 15-35 years from now. As I also gave you then “No matter how we see it, the US has no stage to pay for the interest on $25,000,000,000,000. Their economy will not allow for that, so what will drain first, their pension plans, or will they pay out of the unemployment funds? The banks will get their pound of flesh and they do not care how the US brings the numbers, as long as they bring them, when this new bill comes across, the numbers are reached and the needs of the banks can no longer be ignored. Aneconomy by commission driven people, the almost ultimate nightmare towards an economy you do not want to consider.” And now we are there, the USA is inches away of a debt interest of a trillion dollars. Do you still think I was an idiot trying to sell my IP to Saudi Arabia? They are about the only player that has any money left and some there would think my $50,000,000 is mere lunch money for them. The US has no funds left and over the next few years as infrastructure buckles over the lack of repairs and upgrades. The US played the wrong cards all whilst they had very little options to begin with and now it starts to hurt them. 850 billion is a large interest ticket, too large. And it could have been prevented so as the US is now drawing close to sell whatever IP they have to stay afloat, others will own what the US should never have surrendered and as I see it my (still unsuccessful) choice to sell my IP to Saudi Arabia or the Kingdom Holding Company seems to have been the better idea (would be nice for them to buy it) and soon there is every chance that Saudi Arabia will have no problems holding defence options. The US might have to sell their airforce IP to reduce debt by 2-3 trillion dollars. A choice they would have never considered in the past might soon become their only way out and with that sell they would keep revenue away from China as well, so there is more than one reason to do whatever they will decide on. 

A stage I saw coming in May 2020, so how much media was on board? Interesting that they remained silent on serious matters. As such we will see what will come next, but to be honest I left clues in m articles over the last 2 years and when it happens showing you when I saw it coming whilst some media will give you some exclusive news, you just wonder how exclusive it actually was. The US went from superpower to close to a third world power in less than a quarter of a century. Presentation is all fine, but if you have nothing to show for it, it becomes a slideshow no one cares about and that is what I expect will happen a lot sooner than even I expected it to happen.

Leave a comment

Filed under Finance, Media, Politics

Tagged as , , , , , , , ,

January 29, 2022 · 13:01

That one flaky promise

This story get you from Reuters. It was the article (at https://www.reuters.com/world/us/biden-highlight-manufacturing-jobs-gdp-growth-pittsburgh-2022-01-28/) giving us ‘Biden visits Pittsburgh bridge collapse, vows more U.S. investment’, so how is this going to get done? We think it is a simple exercise, but in reality it is one of the hardest and it is seemingly going to infrastructure, which has close to zero return in investment. Making the exercise even harder.

So how did I get there?
In the first this is not specifically against President Biden. He inherited a debt from both the Democratic isle and the Republican isle, both sides are equally guilty and consider that the US last had a surplus in the Clinton Era (1993 to 2001) and 8 months later the World Trade Centre went down. At present the US has a debt that is now $29,800,000,000,000. It will hit $30 trillion in a weeks time. So how does one invest more when the debt is 30 trillion? It is a simple enough question and with the interests going up, the US will not be able to make interest payments in the next quarter. Yes, they will pull a rabbit out of a hat and some weird accounting principle will used to borrow $999,999,999 from 100 sources so that they can pass it without opposition, but that tends to be the final straw, the final nail in a coffin called economy. Consider that the UK only has a £2,000,000,000,000 debt and we saw only a few days ago that they are now staring at inflation giving them “£8.1bn last month – up from £2.7bn a year earlier” (source: BBC). It is a 300% increase due to inflation. So at what point does the US (Japan too) feel the brunt of $89.4Bn against the expected $29.8Bn (speculated interest numbers)? Now I cannot vouch what the actual numbers are, but if inflation hits the UK, it will hit the US as well, the nice part of setting debt to equal levels (EU, US, JPN) implies that debt interest will grow on near equal terms and the US is in it too deep. So how will the Biden administration invest more? There is no money left and infrastructure has been getting slammed for 2 decades now and as previous administrations did not do nearly enough, present and future administrations need to do more whilst there is no money left. 

So whilst we see the setting of a tragedy in Pittsburgh, it is in no way the proper setting of a fairy tale, because that is what I personally believe that the Biden administration is trying to sell. I would be delighted to be wrong, I truly do. Yet in the light of debt and interest all whilst US taxation got the US $3.46 trillion (actual 2019) and $3.71 trillion (estimated 2020), now consider that in 2021 the deficit will grow by $3,000,000,000,000 all whilst the additional interest payments will grow too. So the setting of a $6,800,000,000,000 budget that is close to 50% short of what is collected, so how exactly will these so called US investments be done? How can you invest in something you have no cash for?

Is the image too blurry or are you starting to see the greater picture? And now we see the dangers that the US is close to no options left but to take control of US set USPTO patents and IP’s. The US can only continue by setting US based IP to government leverage. So does it now make sense that I prefer my IP to remain in the Commonwealth? The EU an optional second choice? The smaller IP owners will soon feel the dangerous breath of a ‘social’ minded government to ‘share’ their IP with all Americans, all whilst their government will spend money they never had. I am on the ‘screw that idea’ mindset and prefer my IP to remain solidly within the Commonwealth. Thank you very much. 

So when that prediction come to term and when the brain-drain in the US does happen (still speculatively) what will the US have left to pay for the bills they have. 

And if you wonder if Wall Street pays for that, consider that they will have a 96 hour window to get the hell out of there with whatever portable wealth they have, and my guess is that they have been setting up nesting eggs in every zero tax place that they can call home next. The Wall Street Journal reported on this on December 10th 2021. There we see “thousands of millionaires have relocated to the city and the wider United Arab Emirates, drawn by zero income tax and relatively relaxed pandemic restrictions. The city’s bars, restaurants and hotels are packed, real-estate prices have surged, workers are returning to offices”, it is the first wave of what I think will be a growing wave all over the zero tax places. Let’s be clear, this is my speculative view, because people are increasingly eating oranges does mean they stop eating apples, but if a certain group gets loaded on one fruit there is a decent speculation that other fruits will not or at least less eaten. There is a wave and it is starting almost exactly around the time I predicted it to happen to some degree in 2014. There were doubts, but we were heading in this way and now we are almost there. And those economists who called me raving mad? Weird, I have not seen them around for some time. I wonder why? 

Just in case, do not just believe me, do not trust me (trust no one) and do your own math, consider common sense and wonder where your retirement fund will be when you are American in 2024 (most likely it stopped existing). Do your own math and do not accept answers from economists “This is too big too fail”, or “We expect it to stay around the same as it is now”, party lines that ignore inflation debt payments that cannot be met and an annual deficit of trillions. That is the reality your funds face. So when we see ‘Biden visits Pittsburgh bridge collapse, vows more U.S. investment’ I wonder where he is getting those numbers from, because the balance of the books do not support that promise, it seemingly stopped supporting that promise 5-10 years ago.

1 Comment

Filed under Finance, Politics

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

October 4, 2021 · 15:14

Utter insanity

To get to this part, I need to grab back to another article which I wrote on May 6th 2020 called ‘New World Order’ (at https://lawlordtobe.com/2020/05/06/new-world-order/), yet that one also takes a step back and refers to an initial article I wrote in 2013 called ‘It hurts every time, but we love it’ (at https://lawlordtobe.com/2013/02/06/it-hurts-every-time-but-we-love-it/) . In 2013 the US debt was $17,000,000,000,000 (17 trillion), and over 8 years 8 trillion was added, a nice $8,000,000,000,000. This implies that the US government overspends a trillion a year with no exit strategy on how to cope with the debt and it is on both Republicans and Democrats. They raised debt ceiling again and again and this president might be the one who gets to live through the fallout of such stupidity. We (me too) might grab at the ludicrous waste of billions upon billions in only two defence contracts (F-35 and USS Zumwalt) but the problem is a lot larger. The decades wasted by not overhauling the tax system (I suggested changes in 1999, might have been 1998), it would not have solved everything but it could have optionally solved a few things. It is the relentless boasting government approach towards “My Credit Card is too big too refuse!” Yet that is at this point exactly what is going to happen next week Friday. Unless there is another ceiling raised and it merely pushes the problem forward. The larger problem is not merely the politicians, it is their favourite tool the media as well. 4 days ago the Financial Times gave us ‘The US debt ceiling needs to be raised’, and they do give us “The very regularity of fiscal cliff edges inures people to their seriousness. The markets expect Washington to fear default enough to do what is needed in the end.” However none of the media told in clear harsh language to politicians (and naming them) that they need to act and as it is soon too late, the US population will get one of the loudest and harshest wake up calls since December 7th 1941. It will hit them square in the face and there will be no escape. A setting of pensions gone (the US is bankrupt), for many their homes will be lost (the debt collectors will collect on EVERYTHING), infrastructures will collapse (the money is gone) and systems will stop functioning (the US credit card will be destroyed). A setting that continues on for decades, unless the US has any friends left, the US seizes to exist and on the side lines China and Russia will howl with laughter. 

Yet not all is lost, the US could become part of the Commonwealth again, although the US politicians will mostly be out for a job, Canada could oversee issues for London and the political seat of power will be in Ottawa, did anyone consider that there was more to my ‘We stand on guard for thee’ article? The article (at https://lawlordtobe.com/2021/10/03/we-stand-on-guard-for-thee/) had a small reference to “CANZUK time, is Canada ready?” When drenched in “Canada has a chance to be a major player in CANZUK to usher in a more politically stable and mutually beneficial version of a modern Commonwealth”, it is the modern Commonwealth part. And in this there is every reason to trim a lot of fat, especially political fat. In 2013 I gave the reader “Those two, when a change is set might mean that the US could be bankrupted overnight” I never saw a pandemic coming, but that pandemic pushed the US straight over the edge into an abyss of debt. It also gave me shivers to sell my IP to an American player, my 5G and I left without anything? Screw that! I would rather take my chances with China. And that is the larger setting, when the brain drain starts and China pays for the IP the avalanche will be complete (not merely me, dozens of others too), the US will have a dwindling IP vault, manufacturing will go to Asia (optionally India too) and the US will be a container of lard, no bones or muscles holding it together. A body of mass with merely the strength of the barrel containing it all. 

So as Reuters gives us a day later ‘U.S. debt ceiling impasse warrants nuclear options’ (at https://www.reuters.com/breakingviews/us-debt-ceiling-impasse-warrants-nuclear-options-2021-09-30/) with “That could spare the United States a default, but would force other cuts, possibly in areas like Social Security or military pay.” We see the beginning of a larger stage where the people would soon be left with nothing, it takes a whole new vibe out of “We the people” doesn’t it? And the “Unable to borrow more, the Treasury would have to cut some 40% of federal spending by mid-November”, it is the icing on the cake, a setting of larger dangers to a large chunk of 331,000,000 people in the US. Did you think I was kidding on the US stampede into Canada? The rich will prefer 30% more taxes against nothing and an angry mob at their doorstep. Up to $3.4 trillion in personal wealth will take any option against losing it all in the US. House prices in Monaco will soar (for the really rich) so if Jeff Bezos can offer me €150,000,000 for all my IP (payable in Monaco) I will seriously consider it. Google, Netflix and Amazon will take to the global skies and they will double register their IP to keep it safe and keep it out of governmental hands, because that will be the next stage, the US will need to find money wherever it can be found. A station the US has never faced before. There is one upside, the Kingdom of Saudi Arabia can get their required hardware for dimes on the dollar and optionally buy out a few factories and all their patents putting them on par for their 2030 promise of taking home based defence build projects to a whole new level. The US laughed and sniggered when Wall Street offered vulture solutions to Argentina in 1998, now the vultures are ready and set to rip the US carcass apart. Is it a fair view? That is not in question, yet the stage is now that it is becoming a likely view the only people treated fair are the hard workers who just tried to get by. 

Should there be an 11th hour solution of debt ceiling raising, the people will need to consider that the end is nigh and the US did this to themselves. Irresponsible spending for well over 2 decades and with no exit strategy the USA will enter a field it so desperately tried to avoid and with innovators moving to other shores their field of choice becomes ever more limited. 

And when you wonder why no one is writing about those dangers, consider that I opted for this day to come for 8 years, I never saw a pandemic, but when you realise that the US was overspending a trillion a year, 83.3 billion a month for 8 years. Did no one catch on that this clambake could come to a sudden stop? Wonder about that part of the equation. I reckon that a lot more people should have seen the dangers after the 2008 events. Now 14 years later the people of the US will face hardships that is 10 times worse than the events of 2008, not merely because of what is now, but it happens when it’s infrastructures, social security and healthcare are totally gutted. 

Mozart wrote Requiem 230 years ago, I doubt he ever envisioned it used on an entire nation, but that is life, or the lack thereof. 

5 Comments

Filed under Finance, Media, Politics

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

May 6, 2020 · 18:47

New World Order

You might not realise it and some hope that most don’t, yet there is a shift this week, there is a new global ruler on the planet. Some will deny it, they will sugarcoat it and some will use carefully phrased denial, they will not give any answers, but the world changes this week. It was always going to happen and I saw this event coming towards us with certainty no later than 6 years ago, it was like watching a bull shark trying to break free, cut the line that hooked him, yet this wire was too strong, there was no evading the obvious, the new ruler is here to stay. The new superpowers are Russia, China and the Bank. This week as the US borrows another $3,000,000,000,000 dollars the stage is set, the interest will now spiral and the US can no longer pay its debts, it is even worse, the annual income will not cover the interest on the outstanding debt. Even t 1%, the US will have to hand over $25,000,000,000 in interest, and there the setting is stage, or better yet the stage is set. The BBC reported that “The government has also extended the annual 15 April deadline for tax payments adding to the cash crunch” it is the final downfall acts through a consumer based economy and we will all feel that crunch as the US governing table will now mandatory include a representative of the banks, not some ‘political commission’, no a stage where the banks set the stage of what is allowed to be done. It is a new stage and even as we think who that is, my speculated view is that it is a representative that both the Rothchilds and Wall Street approve of, there is no need to wonder on which side of the political isle they fall, they will be above that and both Democratic and Republican parties will have to adhere to this. Are you scared? You should be! This is no longer a stage where the citizens are heard, it becomes a stage for consumers and enablers only. So the rights of the elderly and unemployed will fall away, they will have to make room for enablers and users. Their rights will be sullied more and more. It is not something that will happen overnight, it is something that will happen over the next 3 years. Political decisions, hard budgets and economic stages will be set. The fat of the body remains, the unessential parts will be cast aside to whither and die. This was the stage I foresaw in 2013, now it is no longer avoidable. Even as we see “Last week the chair of America’s central bank, Jerome Powell, said that he would have liked to see the US government’s books be in better shape before the pandemic”, in my view he is saying “You need a miracle to keep us out of the decision stream”, and he would have been right. As I see it, this is the direct impact of irresponsible politicians acting and spending a credit card that does not impact them and leaving the next group to fend for itself, that has been the stage for well over a decade and now the bill is due, no 5G economy to save them, no IP innovators to up the value of the US, the game is pretty much over and after the US falls, the EU will follow quite soon. The banks played the long game and they won, I wonder how much mercy and humanity their spreadsheets show, because for a lot of us it will become a much harder world. We either show value or we are done for, this is what sitting on the sidelines brought you all. The direct impact of “It will work out”, it will not and now we will face a much harsher situation and as the media plays towards its shareholders, stakeholders and advertisers, the people will finally realise that they have been played. The bank bill is ALWAYS due, there is no escaping it. I wonder if there is truth in the matter of an independent California, because they represent the largest group of enablers and consumers, No matter how we see it, the US has no stage to pay for the interest on $25,000,000,000,000. Their economy will not allow for that, so what will drain first, their pension plans, or will they pay out of the unemployment funds? The banks will get their pound of flesh and they do not care how the US brings the numbers, as long as they bring them, when this new bill comes aross, the numbers are reached and the needs of the banks can no longer be ignored. Aneconomy by comission driven people, the almost ultimate nightmare towards an economy you do not want to consider.

A new world order that crept under a cloud of inactions by those who should have acted and the people are alas out of options, they voted the inactionable collective in and now we can merely watch on the sidelines how it all unfolds before our eyes. You thought the Coronavirus shut down was bad? It will get a lot worse, now consider that not only supermarket aisles are empty, add to that the services will at some point fall away, see where a lot of us are then. 

We all let it happen, we only have ourselves to blame.

 

2 Comments

Filed under Finance, Politics

Tagged as , , , , , , ,