Airborn – the way of the future
Reuters has cover the development of exciting new technology in transportation. The UK-based Malloy Aeronautics team is preparing to test a manned quadcopter capable of outmaneuvering a helicopter. The entirely new approach for aerial vehicles could reshape the world ahead. A 1/3-sized scale model is already gaining popularity with drone enthusiasts around the world. The full-sized manned model is expected to take flight in the near future. as well. Looks like a great way to beat traffic-jams.
China to Replace Microsoft, Apple, and Android by Year-End
The revelations of the NSA tapping into everything has long-term serious implications. This outrageous snooping will cost the United States dearly for it will lose its technology edge over the world economy. As that declines, so will the US economy and that is how the shift to China will unfold.
Computer technology became an area of tension between China and the United States after a number of run-ins over cyber security of the NSA and Obama has refused to change the course of the NSA securing the decline and fall of America long-term. China is now looking to help its domestic industry catch up with imported systems such as Microsoft’s Windows and Google’s mobile operating system Android. They will have a replacement operating system by the end of the year.
The United States has had its edge in computer science and finance. Its refusal to clip the wings of the NSA and its refusal to prosecute banks in New York City and the two critical death-blows to the US economy long-term. Once you undermine you comparative advantage, it is checkmate.
Of course, then the question will arise – has China done the same as NSA?
Are we Heading for Another French Revolution?
The latest polls now show that more than 80 percent of French people do not believe that the government of President Hollande can advance the country’s economy. For the future, citizens expect high deficits, economic stagnation and record unemployment. The policies of Hollande and his French Style Socialism is undermining the entire French economy on such a massive grand scale, it is hard to see that France will escape another revolution. Hollande just may have the lowest poll ever in the history of polling for any politician. He should cherish his head – it may be cut off in the end.
It seems that French politicians always take their country in the same direction where misery becomes the national past-time.
Russian Sanction Destroying European Agruculture
In Netherlands, farmers are being driven into bankruptcy and banks have lent money ti farmers they cannot now collect. In Spain, Catalan peasants burned their crops publicly protesting against the policies of Brussels. They see the EU Strategy against the Russians and their import ban on EU vegetables as brain-dead and misguided at best.
A trade union representing Catalonian crop growers and cattle ranchers has staged a protest, demanding that the EU compensate them for the revenues lost as a result of the escalation of sanctions, which have closed the Russian market to them.
Politicians simply have no concept of the damage they do to people when they try to apply political pressure using the economy as a weapon. The Russian sanctions will seriously impact European agriculture and in the end, many of these farmers will be driven out of business permanently. They burning EU flags everywhere as the civil unrest will only grow moving into 2017-2018.
Draghi Emerges from Jackson Hole Stating Germany is Wrong
Mario Draghi, head of European Central Bank (ECB), emerges from Jackson Hole urging what some see as a surprising departure from the economical state imposed by Germany. The flood of money the ECB had not shown, together with the recent austerity measures have not had the desired economic effect. Draghi is now advocating state growth programs and new debt.
Mankind seems to always fight the last war. Europe’s austerity has been imposed by Germany which constantly relived the nightmare of hyperinflation from the 1920s. But Germany is as obsessed with inflation and the USA is concerning deflation. Both fight the last event regardless of the reality. Omitted from the analysis is the fact that the Weimar Government was the result of a communist revolution in 1918 that followed Russia in 1917. What Germany misses here is Russia confiscated all wealth so people would not trust the German government. Nobody would buy their bonds or deposit money in their banks. Without trust, the currency went into hyperinflation.
Germany’s austerity has imposed a massive deflation on Europe combined with Marxist-Socialism, high taxes, and the prospects of confiscating assets and a new 5% tax to pay for defaulting municipals, there is no way a recovery can tax place.
Draghi is not yielding to just pressure from France and Italy, but the entire world. We will wrongly see rising interest rates in UK and USA assuming this will help Europe but it will attract even more money to leave Europe. Welcome to the reverse of the secret 1927 central bank meeting.
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