Geopolitical Compass #38
Geopolitical Compass #38
With trillions of dollars in debt, national leaders have three choices. Which do you think they'll choose?
This Week:
Governments have three choices
The weakening of the EUSSR will continue as planned
Will Israel be in for tough times ahead?
Statistics Error 404: The country you are looking for doesn’t exist
Will wind energy turn out to be a lot of hot air?
Zombie firms awareness rising, intentionally
Bitcoin
Governments have three options. Which do you think they’ll choose?
What really shoots it up at a neck breaking pace, is when our government is tens of trillions of dollars in debt, and has to roll that debt over.
So they’ve got a lot of money to print, and financial assets are going to soar, and Bitcoin goes up the most because it’s the hardest to make more of.
Bitcoin = Technology + Fiat Liquidity
EUSSR
More bricks in the wall for the collapse of the EUSSR.
Two nations with existing territorial disputes. The more weak states that are admitted, the quicker the entire structure will collapse. Not a bad thing as such, but a lot of suffering will happen before the inevitable.
Reminds me of this clip, while the UK may be out due to the blunder of Cameron giving the people a say, the premise of weakening the EUSSR from the inside has not changed, even by it’s own bureaucrats in Brussels:
Israel
The Israeli economy is weakening during the current conflict as outlined by pieces from the Financial Times and others.
Evidence is already mounting of the war’s destructive impact on economic activity. A survey of Israeli businesses by the Central Bureau of Statistics found that one in three had closed or were operating at 20 per cent capacity or less since it began, while more than half had reported revenue losses of 50 per cent or more.
No surprise, if you cause chaos and start removing workers from businesses to fight a war, immediate effects will be felt.
But longer term problems Israel now faces could be much more severe. Their actions in Gaza are causing a great deal of anger around the world, particularly with immediate neighbours.
Jordan has said that it won’t sign a deal to provide energy to Israel in exchange for water – an agreement that was planned to be ratified last month.
Energy is sort of important right? What is going to happen to the Israeli economy, domestic industry and businesses if they start to get choked off of regional infrastructure and supply?
Russia
After Western governments sanctioning everything they could and Russia remaining standing, including the OECD removing Russia, you have to question how relevant or accurate their subsequent statistics will be if they choose to exclude nations for political posturing?
Russians love a drink:
But apparently they’re no longer to be seen in the data:
Perhaps Denmark or the Czech Republic should annoy the OECD? It will solve their drinking problem overnight.