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Showing posts from October, 2019

(11m) Prince Harry and Meghan Markle versus the tabloids

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What was to be expected that may happen one day: a war against the tabloids by Prince Harry and his wife Meghan Markle . Indeed, Prince Harry never forgot how the media was responsible for the dead of his mother and thus now he wants to protect his wife and child against the gossip media, certainly because part of the media is considered as hostile towards his dark-skinned wife who decided to have a break away from the media during her pregnancy as is her right to do. He's not the only person who is fed up with the intrusion of privacy by part of the media , a media that has been warned since years they are overstepping lines. And thus, as phone hacking is illegal without a court order, I think they should be able to win that part if they can proof part of the media hacked them. Of course, it will not make them popular with the media. However, after reading this article whereby I understand her father went to the media with the letter she wrote, it seems to suggest the real ...

(7f) Debt laden companies and dangers to the global economy

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I've mentioned it before: interest rates should not be too low. Indeed, people who save should earn something that they can use to spend in the economy. Similarly and as mentioned in this article , borrowing should not be too cheap and thus easy to avoid that more risks are taken by borrowing too much as that can destabilise the economy. Indeed, companies need to sell and according this they can invest more although that doesn't mean they can never borrow to expand, but only when needed and not only because interests are low so companies expand too quickly and not according the need. And thus, as companies seem to borrow too much while customers have almost no return on savings so they spend less (although many businesspeople and economists think this is good for the economy as they think it will force people into buying shares that at this moment still give larger returns than saving accounts), predictions are that companies may feel it very severely when a new, ...

Turkey versus Syria - No joke

Europe should not only criticize Turkey for invading the north of Syria to create as Turkey claims safe areas as this should have been done before so Syrians didn't need to escape their country. However, it's a pity Turkish President Erdogan considers the Kurds as enemies while the Kurds prevented ISIS and Assad's army to come close to Turkey's borders. Further, we should have sent much earlier judges to judge European ISIS fighters at the place where they committed human right violations. It also demonstrates why it's important to invest in modern military equipment that can be operated by professional military instead of an army of soldiers. But, Europe prefers to battle with each other over a country that wants to leave. What the EU could expect happened as tension between Kurds and Turkey are high since years: Turkey has over 3,6 million Syrian refugees within its borders and similar as the EU, the country wants them out. Thus, the north of Syria close ...

Germany and UK in the clinch with the EU in the background

PM Johnson spoke with PM Merkel of Germany . He says she told him that his new proposals are unacceptable. Officials deny she said it this way but, as she doesn't make public what was said, she said it. President Tusk is angry that this may destroy the EU. He should know that Brexiters don't mind and many even hope for the end of the EU. Before the referendum Mr Johnson said the EU wants to become a superstate under one authority, just as Hitler did (it also shows how Brexiters speak about the poor while Remainers are in general in favour of austerity). Now he claims that Germany said that Germany has the right to leave the EU but the UK cannot in its entirety because of Northern Ireland. Indeed, as if Germany refuses the UK its right to leave under Article 50. But, we should not forget that Northern Ireland is part of the UK, not part of Ireland nor the EU as the EU is an organisation that unites countries on a voluntarily basis and thus, as long as the UK exists as i...