Saturday, February 13, 2016

Officials in the EU have urged Turkey to let in tens of thousands of Syrian refugees trapped on its border at Kilis after fleeing fighting. EU foreign policy chief Federica Mogherini said there was a moral, if not legal, duty to provide protection.  Turkey says the refugees are receiving food and shelter inside Syria and there is no need to allow them to cross.  About 35,000 Syrians have fled a Syrian government offensive on rebel-held positions near Aleppo.  Ms Mogherini said the EU was providing funding to Turkey to make sure it had the "means, the instruments, the resources to protect and to host people that are seeking asylum".   In November, the EU clinched a deal with Turkey, offering it €3bn (£2.3bn; $3.3bn) to care for Syrian refugees on Turkish soil.  Ms Mogherini's call was echoed by EU Enlargement Commissioner Johannes Hahn and Dutch Foreign Minister Bert Koenders, whose country currently holds the EU presidency.  "I look at these images of people standing at the Turkish border and I just wanted to underline the message people who are in humanitarian need should be allowed in," said Mr Koenders.  However Kilis governor Suleyman Tapsiz said the move was not necessary. "Our doors are not closed but at the moment there is no need to host such people inside our borders," he said.  Turkey already hosts the largest number of Syrian refugees - 2.5 million. In the past few days, the Syrian army - backed by Russian air strikes - has made a series of gains around Aleppo, Syria's largest city.  On Thursday, 60 donor countries meeting in London pledged billions of dollars to ease the plight of Syrian refugees.  About 4.6 million people have fled Syria since the civil war began in 2011. Another 13.5 million are said to be in need of humanitarian assistance inside the country.

Friday, February 12, 2016

This is "THE HEADLINE" - A pernicious cycle of collapsing commodities, corporate defaults, and currency wars loom over the global economy. Can anything stop it from unraveling?.... I totally disagree with the headline. I also think if the truth was told by the press rather than pandering to political leanings people would understand better. This is like adolescence of a new world. Before or at least since WW2 oil and the US dollar has been the kingmaker. Not anymore. Commodities may hold national economies to ransom, but not the western world. At a point Africa and South America was gaining traction to wealth the power broker's kill the energy goldmine. The stock markets will recalibrate and the new order of power will rise. This will be the pacific rim countries due to population, education and ability to out produce a lazy west. Renewal has always has happened in history. Fifteen years ago the UK should have had a mild downturn. Political will to offer endless free finance that led to the economic meltdown in 07/08. This will take twenty five years to repay the debt and leaner more productive players will move higher. Iran, Russia and China will form an economic pact and have the low cost energy to grow their economies. Only a provoked war will stop this from happening. US will hold control in the west. You cannot manufacture everything in Asia, sell it in Europe and US corporations make the profit in New York and Bahamas.

Thursday, February 11, 2016

The price of commodities are falling towards their cost price. A good thing in sane World. Yet we are told that if Countries are not able to charge scarcity rents for oil and minerals, this is a bad thing. The solution to the reduction of this free lunch is to carry it on by other means i.e IMF funding.  Oil-producing nations face years of pain as prices remain lower for longer, the managing director of the International Monetary Fund (IMF) has warned. Christine Lagarde said the Fund stood ready to help struggling countries such as Azerbaijan and Nigeria cope with a renewed drop in oil prices, amid reports that the African nation has sought support from the World Bank. "Oil and metals prices have fallen by around two-thirds from their most recent peaks, and are likely to stay low for quite some time," she said in a speech at the University of Maryland. "As a result, many commodity-exporting emerging economies are under severe stress, and some currencies have already seen very large depreciations." Ms Lagarde called on policymakers to boost the global "safety net" to cope with future financial shocks. The managing director called for more co-operation between central banks as well as better planning for countries to access credit in times of stress. In separate comments on Thursday, Ms Lagarde praised Azerbaijan for taking steps to reassess spending and use its exchange rate as a "buffer". However, she said Nigeria was still wasting money on subsidies and suggested that the country's woes were being exacerbated by the naira's peg to the US dollar. Whatever Lagarde forecasts the opposite is guaranteed to happen. The idea of helping Nigeria with IMF money is absurd. It is a nation perpetually run by corrupt politicians who have lined their own pockets with its vast oil riches and who live like emperors whether in or out of office. If the Nigerians can't get the right people to run their country that's their problem. Not the IMF's.

 

Wednesday, February 10, 2016

Have you noticed it is now virtually impossible to believe a word the BBC SKY or any
other broadcasting media say, or don't say in our tiny Island, if you want the truth on
Europe or here you have to tune in to RT or others in Europe, which when you think of it
is a sick joke in the so called mother of democracy,which I suppose in a way is a sick joke
Have you noticed it is now virtually impossible to believe a word the BBC SKY or any
other broadcasting media say, or don't say in our tiny Island, if you want the truth on
Europe or here you have to tune in to RT or others in Europe, which when you think of it
is a sick joke in the so called mother of democracy,which I suppose in a way is a sick joke
You know of course this summers scenario? No then you are stupid. There at least a million Muslim youths here already who are " settled " and very restless and lawless,There will at least a similar number urged on to make the journey to their steaming colleagues crammed in already to ghettos.  Violence and insurrection will spark across the Continent and there you have it. All will be up and God knows who will take over. It will not be Merkel, Juncker or Cameron. They will already be on their way across the Atlantic to the land they so despised.

You fools the coming planned summer invasion must be stopped dead in its tracks and I mean dead. Ignore the planned bleeding heart photo-shoots. This summer will be a fight for survival. OUR SURVIVAL!!!...Put simply the EU has failed and should be put out of its misery. It offers nothing but a full blown demolition of Europe.Arrogance and slavish devotion to a political ideology that no one wanted or asked for brought it down.
Have you noticed it is now virtually impossible to believe a word the BBC SKY or any
other broadcasting media say, or don't say in our tiny Island, if you want the truth on
Europe or here you have to tune in to RT or others in Europe, which when you think of it
is a sick joke in the so called mother of democracy,which I suppose in a way is a sick joke
Have you noticed it is now virtually impossible to believe a word the BBC SKY or any
other broadcasting media say, or don't say in our tiny Island, if you want the truth on
Europe or here you have to tune in to RT or others in Europe, which when you think of it
is a sick joke in the so called mother of democracy,which I suppose in a way is a sick joke
Wrong on both counts.

1) The vast majority might not be terrorists but they come from the exact same culture, society and religion that has created the terrorists and if you check polls across the world. Large numbers sympathise and condone the attacks.

Swedish police have admitted 5000 attacks have been logged/reported in the past 3 months alone from migrants. Think of the ones who don't bother to report any longer cos they know nothing will be done.

Al this religion of peace, migrant minority is getting more ridiculous by the day.


As to point 2 regarding Brexit. It will do a lot to the migrant crisis. We leave. We take back al laws, immigration control. Regain seat on the WTO etc and make our own deals. Meanwhile the EU pushes harder for a federal Europe under complete control of Brussels. More and more power is demanded. Taxes are planning to be raised continent wide to pay for the migrants. Eu army about to come into being. Frontex has the power any day now to walk in and seize immigration control without being asked. Turkey, Bosnia, Albania, Kosovo, Macedonia al looking to come in.

Al the while anti-EU sentiment grows and anti-EU parties are gaining more support by the day. Al EU citizens watch us having escaped and flourish, while they get forced to give up more and more while accepting ever growing migrant quotas that are hostile to the western way of life and Christianity.

How long do you think it will be before the likes of Denmark or such tell Brussels that enough is enough and follow us out the door. At that point, the while st1nking thing will collapse as they all rush out the door.

Now the migrants cannot come into Greece, Bulgaria, Italy, Spain and be expected to be waived on through nation after nation til they get to their favoured destination. Every country will deploy their armed forces to make sure they do not get in because if they do, they are stuck with them.

Hence when word gets around, they ain't ever getting to Sweden, Germany, Netherlands, Denmark, Norway or where have you, then the numbers will sink like a stone. They are not going to pay smugglers to be stuck forever in Greece or Bulgaria etc. 
Wrong on both counts.

1) The vast majority might not be terrorists but they come from the exact same culture, society and religion that has created the terrorists and if you check polls across the world. Large numbers sympathise and condone the attacks.

Swedish police have admitted 5000 attacks have been logged/reported in the past 3 months alone from migrants. Think of the ones who don't bother to report any longer cos they know nothing will be done.

Al this religion of peace, migrant minority is getting more ridiculous by the day.


As to point 2 regarding Brexit. It will do a lot to the migrant crisis. We leave. We take back al laws, immigration control. Regain seat on the WTO etc and make our own deals. Meanwhile the EU pushes harder for a federal Europe under complete control of Brussels. More and more power is demanded. Taxes are planning to be raised continent wide to pay for the migrants. Eu army about to come into being. Frontex has the power any day now to walk in and seize immigration control without being asked. Turkey, Bosnia, Albania, Kosovo, Macedonia al looking to come in.

Al the while anti-EU sentiment grows and anti-EU parties are gaining more support by the day. Al EU citizens watch us having escaped and flourish, while they get forced to give up more and more while accepting ever growing migrant quotas that are hostile to the western way of life and Christianity.

How long do you think it will be before the likes of Denmark or such tell Brussels that enough is enough and follow us out the door. At that point, the while st1nking thing will collapse as they all rush out the door.

Now the migrants cannot come into Greece, Bulgaria, Italy, Spain and be expected to be waived on through nation after nation til they get to their favoured destination. Every country will deploy their armed forces to make sure they do not get in because if they do, they are stuck with them.

Hence when word gets around, they ain't ever getting to Sweden, Germany, Netherlands, Denmark, Norway or where have you, then the numbers will sink like a stone. They are not going to pay smugglers to be stuck forever in Greece or Bulgaria etc. 

Tuesday, February 9, 2016

The oil market is complex and so many other parameters either feed into it or depend on it, quite impossible to predict in the short to medium term. There is far less storage capacity than consumption, so gluts or acute, perceived shortages are both easy to emerge or be created. As we have seen, it is volatile, with wide swings up or down. May as well spin the roulette wheel. Which is why there are so many speculators. Why do real work when you can manipulate and cream off 'just a teeny weeny bit' off the top? Would be more stable if the market were just consumers and producers. LONG term, there are more parameters that are predictable. The most important of which is that the world is moving away from fossil fuels faster than most anticipated or predicted. The long term price of oil will be set by the cost of the alternatives per unit of equivalent energy. Solar, for instance, has fallen fast in terms of cost, if not convenience or reliability. Saudis once rode camels. They will do so again. Just hope I live long enough to hear it. Will never see it as will never actually go there...Not ONE mention anywhere  of the fact that the world economy is in complete free fall. Nobody is buying oil. Demand has crashed through the floor because the entire world economy is crap and has been crap for the entire 8 years of the Obama Administration. Of course, its not really his fault because this ship's course was set long before he became president, but when he got in, they had already disconnected the controls over the economy's throttle on high and he had no way to stop it, so, he piled on. But we've never had a recover since the 2008 crash. The economy world wide has been in a hidden depression papered over with fiat currency by irresponsible central banks because if they allowed everyone to see how bad things actually were, it would make the politicians look like idiots.... of course, they ARE idiots, but they don't want people to know that or they won't vote for them.  Oil prices are plummeting because the fake economy could only prop up the fake recover for so long before the bottom fell out. I wouldn't be surprised at all to see Brent Crude go below 15 dollars a barrel this year. Maybe even below 10 dollars a barrel.

Monday, February 8, 2016

When oil prices crashes and Saudi and Middle East become bankrupt, there will a tsunami of Muslims making a beeline for Europe. Some Middle East countries have the highest birth rates in the world with an average women in Yemen having between 8 to 10 children. The chronic water shortage in the Middle East will further accelerate the exodus into Europe.  Human right activists will ensure that Europe takes in most of the asylum seekers that land on the shores of Europe. On legalistic and humanitarian grounds , and with compassionate leaders like Merkel, Europe will be arm twisted to oblige.  Expect a historical change in European demographics and culture. High likelihood that some European countries will be Muslim majority in 50 years. This includes Sweden, Denmark and Belgium. With Angela Merkel's open door policy of a million asylum seekers per year, Germany may also become Muslim majority.  Culturally it will mean that women will be conservatively dressed, alcohol forbidden in places, halal food becoming ubiquitous, and the muezzin sounding across the continent...Problem with Saudi Arabia is that the local work force is lazy and unproductive, and suffer from the entitlement syndrome. The civil service is over staffed . More emphasis on religious obligations rather than focussing on the job. Many of the graduates have degrees in Islamic theology and are not suited for a modern work force. Most of the work is done by migrant labour from Asia that is under paid and over worked.  Similar to other Muslim countries like in the Gulf and also another oil exporting Muslim country in South East Asia called Malaysia.

Sunday, February 7, 2016

We must decide whether the European Union is worth saving

The present EU is an enfeebled and retarded offspring of the 3rd Reich, but one can still see the DNA traits and family similarities. Like its grand-daddy, this Reich has the Southern countries beholden to Germany as near colonies, it has pan-European rule from an ideological and corrupt bureaucratic center, and above all, a German leader is pursuing a massive utopian, so-called progressive, racial, social engineering scheme, which is being forced down the throats of both Germans and Europeans, which all will eventually lead Europe into an abyss...If the EU is doomed to deflationary underachievement thanks to its structural incoherence, then we are confronted with a land of the living dead in which existence is punctuated only by volcanic eruptions. This does not seem like the worst is over at all....EU = Eternal Uncertainty. When is that simple message going to be articulated? Membership of the Common Market, correction EEC, correction EU has been one long, non-stop wrangle with Brussels, its agenda-driven, calculating jobs worth's and apparatchiks moving the goal posts year-on-year. How can anyone view that as the norm for a  healthy accountable democracy?  The EU is a corrupt concept - through and through - based on the two main losers of WW2 forcing the rest of the continent into an economic and political straitjacket so as to maintain a semblance of peaceful co-existence between themselves.