Friday, July 15, 2016

Preposterous Predictions - Scorecard

Preposterous Predictions 2016
If we get 7 out of 10 predictions correct that would be pretty good.    

Lets follow the money and the refugees

1.Stock markets and investors have become accustomed to markets continually recovering as a result of central bank manipulations. This will end in 2016 as markets come to terms with reality. The international credit bubble created as a result of the 2008 crisis will slowly disintegrate, punctured by collapsing raw materials demand and the demise of the oil market. The economic downturn will have a profound effect on our world and we predict a primary bear market in stocks and the continuation of the primary bull market in the US Dollar. - C So far completely wrong. The Central banks are succeeding in the attempt to create an illusion of stability.

2.The slowdown in China will continue at an increased pace. Potentially China can go one of two ways. Either it breaks down into separately governed regions (Coastal vs Inland) or a ruthless dictatorship will attempt to control economic dissatisfaction within the Chinese population. The Chinese currency (the Yuan) will continue to be devalued in an attempt to jumpstart fading Chinese exports. A - so far so good.

3.Historically the movement of refugees has created new geopolitical realities. The mass movement of refugees from unstable regions into the European Union is a geopolitical weapon of change that will create political, economic and violent chaos. Anti-immigration and anti-EU parties will strengthen and the movement towards fragmentation will be reflected in the value of the European symbol of unity, the Euro. B The Euro is still holding steady.

4.The Italian banking system will come under serious pressure this year accompanied by friction between old enemies France and Germany.  All it takes are a few terrorist attacks to understand that the so-called liberal European multi-culturism is just a cover for a deeper and darker psyche lurking in the shadows. A - Reports are emerging about the Italian Bank problem.

5.Russia will weather an economic meltdown (the Russian people are made of sterner stuff than most) as its ruble crumbles, but not without chaotic conditions amongst neighbouring countries who rely on Russian support (and energy) for their economic wellbeing. Russia will also have to overcome an AIDS epidemic of major proportions. B Oil has stabilized for now and thus the ruble is breathing.

6. Apple will lose its shine as competing companies close the technological gap. They might even have to consider lowering their prices. A

7.Regardless of who the candidates might be, the Republicans will take the White House this year. President Obama's naive foreign policy of shaking hands with a crocodile, his alienation of US allies, his creation of a massive debt bubble and his inability to unite the American people will signal the demise of big government for the near and distant future. As for his legacy....need I say more? C Who would have believed?

8.Climate change will have positive (yes, positive) and negative results as the trend continues. Countries like Canada and parts of the US and Europe will definitely have the advantage, whereas parts of the Middle East and Africa (Yemen, Syria, Iraq, Libya, Algeria, Sudan and others) will continue to pay the price. A

9. Islam will continue to implode leading to a Sunni-Shiite face off. The violence being the product of dictatorships, religious fanaticism and the inability by over a billion people to compete economically. The stream of refugees will turn into a flood creating change wherever they flow. A

10.North and South America will be the least affected by the refugee fallout, being continents geographically insulated from the deluge. Unless of course some politician decides to play saviour and opens the door. A

11.Last year I wrote about Israel..."Israel is always at number 11 and outside the ten forecasts. Why you may ask? Israel from year to year remains a shining light to the world, regardless of the tinted sunglasses with which some may view this." This year all that is needed is to "copy and paste"  AA

Tuesday, July 5, 2016

The Peanut Gallery

Statements, comments and forecasts that have no substance, but just might turn out to be relevant.

1.Germany is to pay 600 million euros in massive deal with Israel for the lease of 5 Eitan drones capable of carrying bombs and rockets; German chief of staff preferred Israeli model to American competitors. The German Chief of Staff, General Volker Wieker, who visited Israel a few weeks ago, prefered the Israeli ‘Heron’ drone over its American competitor - the ‘predator’ and the ‘Raptor’.  COMMENT: Another message to those politicians who claim that Israel is more isolated than ever. What BS! Read more: 
http://www.ynetnews.com/articles/0,7340,L-4821568,00.html

2.Geopolitical Futures: The Italian government has struggled to effectively address the problem of non-performing loans, while economic growth remains sluggish. The impact can be seen in the performance of Italy’s two largest banks. UniCredit, the country’s biggest bank, lost about 70 percent of its stock value since the beginning of the year, while Italy’s second largest bank, Intesa Sanpaolo, lost about half its stock value.COMMENT: This would be a Greek crisis on steroids.

3.Hillel Yafa Ariel, a 13 year old Israeli girl, has died of her wounds after a terrorist broke into her house in Kiryat Arba and stabbed her in her bed Thursday morning. The Palestinian terrorist climbed over the security fence surrounding the Harsanina neighborhood, infiltrated one of the houses located just yards away from the fence, and stabbed Ariel, critically wounding her. The girl suffered from stab wounds all across her upper body, and was evacuated to the Shaare Zedek Medical Center in Jerusalem where she later died of her wounds. COMMENT: Its time to call a spade  a spade. There is no difference between ISIS, Al Qaeda and the so called "Palestinians". Pompous and strutting by nature and cowards by heart.

4.Gatestone: Muslim students now outnumber Roman Catholic students at middle and secondary schools in Vienna, Austria according to official statistics, which show that Muslim students are also on the verge of overtaking Catholics in Viennese elementary schools. The data confirms a massive demographic and religious shift in Austria, traditionally a Roman Catholic country. COMMENT: Adolf must be turning over in his grave!

5.The International Monetary Fund (IMF) issued a damning 63-page report on the German banking and insurance sector yesterday. It is a long and thorough report, with the key point buried on page 42: “Deutsche Bank appears to be the most important net contributor to systemic risks in the global banking system.” The markets punished Deutsche Bank, already reeling from Brexit, forcing shares down at one point to their lowest level in 30 years. In just the last year, Deutsche Bank has laid off tens of thousands of workers and has seen rating downgrades from both Fitch and Moody’s on its long-term debt and its deposit ratings. Deutsche Bank is also sitting on $41.9 trillion (not a typo) worth of derivatives. The crisis is no longer invisible. The IMF, Germany and the markets all see it. COMMENT: As an indicator, watch how the price of gold is quietly moving up in price.


6.Tanzania told Prime Minister Benjamin Netanyahu on Monday that the East African country would be opening an embassy in Israel for the first time...Fourteen years after Israel was booted out, Kenya is backing Israel’s bid to regain observer status at the African Union, the country’s president announced Tuesday...Ugandan President Yoweri Museveni on Monday lauded Israel’s famed July 4, 1976, Entebbe rescue of a hijacked Air France plane, saying at a memorial service to mark its 40th anniversary that the Jewish state was right to launch the operation on his country’s territory...COMMENT: Israel has been a lone voice in the war against Islamic terror for years. Now that the same scum are in their backyards they are dancing to the beat of a different drummer. Some more quickly than others. Israel isolated?...Its just a matter of time before the Bernie Sanders breed find themselves terrified and alone

7.Hungary will hold a popular referendum Oct. 2 aimed at countering EU migrant resettlement efforts, the office of President Janos Ader said July 5, AP reported. Hungary has erected fences along its southern border to prevent migrants from passing through the country, and Prime Minister Viktor Orban has pushed the referendum as a way to oppose what he sees as a violation of Hungarian sovereignty by Brussels. Left-wing opposition parties in the country have called for a boycott of the referendum. COMMENT: Austria is having an election re-run on the same day. If anyone imagines that Brexit was a one time thing, they are mistaken.

If God wanted us to vote, he would have given us candidates - Jay Leno

If we got one-tenth of what was promised to us in these
State of the Union speeches, there wouldn't be any
inducement to go to heaven - Will Rogers

Politicians are people who, when they see light at the end of the
tunnel, go out and buy some more tunnel - John Quinton