Skip to main content

Belgium, France and Quebec

I would be remissed if I didn't address the terrorist bombing in Belgium earlier today.  The coordinated act (in three separate events it turns out) is simply a continuation of what a bunch of barbarian would do, the reason seems to be that the guy who planned the terrorist attacks in Paris was caught in Belgium -- that's all these guys need as an excuse.  What is amazing is that it has been known for some time that many terrorist cells have been using Belgium as their home away from home, now the Belgian government has declared martial law...  France has left in place a substantial percentage of martial law system in place since last summer's attack.  Its starting to look like a political ploy by President Holland.  Now two European countries have suspended basic rights...I guess to protect their citizen's right?

As for the France/Quebec thing, it is truly amazing that Mme LePen came to Montreal/Quebec for meetings with the political class -- but had not organised a single meeting before flying out.  Unsurprisingly, not a single politician here would consider meeting with France's leader of the National Front -- Quebec has no lessons to learn from integration of minorities from France that created the "Cite" as a mean of keeping that "Foreign riffraff" away from "good and decent white French people".  That these areas have become largely unmanageable is hardly surprising.  

Since she's been rebuff by Quebec's entire political class Mme LePen's vitriol vis-a-vis us has been rather out of control.  At first, I though this was al orchestrated to obtain "something" now Mme LePen looks like a disorganised and mean politician -- in a place that doesn't give a rat's ass about her opinion.  Now we care for her and her movement even less.

Goes to show, even Holland looks better than her now -- that takes some effort! 

On another "economic" note, things are going slow in the world.  There seems to be increased desperation as to how to prime the pump.  I'm confident that China will let the Yuan drop against the dollar -- exporting deflation, as a tool to revive the economy (don't think it will work...) Oil price are playing the $40/bbl game -- we shall see.


Comments

Post a Comment

Popular posts from this blog

what people get wrong about tariffs

 The issue is simple. What percentage of the economy is dependent on tariff goods? The truth, is that the US economy is far more closed than people understand. People genuinely believe that all manufacturing has ceased to exist in the United States all given to China on the altar of woke policy the truth can be further from That statement. Only about 15% of US GDP is related to foreign trade. Of that amount, slightly more than half is from Canada in Mexico. And half of that is energy. What that means, is that about 7% of US GDP is tariff dependent. The proof in the pudding, is how little money tariff generates. People think that 30 or 50 billion is a lot it’s not in an economy that has $3 trillion. The impact on the US economy will be less visible but not absent. Inflation hasn’t occurred yet first because tests have hardly started to bite, but more importantly it’s such a small percent of the economy. Now certain things are critical. The rare earth metals from China were critical....
Post a Comment
Read more

The end of Tesla?

 it takes a special kind of idiot, to think that he can antagonize his entire customer base, and think that it will not impact his business. When Elon Musk went to work for Donald Trump, and created the doge department, he antagonized every liberal, and these people represent 90% of his client base.That’s not a brilliant move. Now Elon Musk is worth hundreds of billions of dollar, so he shouldn’t care a great deal, however, he needs to care because of several other issues. The cyber truck has been a disaster, most have had to be recalled because of defective glue, it’s not a truck, it’s not a car, it’s noisy, relatively uncomfortable, but great as a development platform. What Tesla has learned in making car manufacturing more seamless is truly amazing. The problem was that Elon Musk was so pissed with the Democrats, and with Joe Biden, in particular because of some slight, which were just plain stupid too. By the way, that he decided to support with hundreds of millions of dollar, ...
Post a Comment
Read more

Demographics

 I am preparing a kind of family tree for our children so that they know where they came from.  In my family I am the only survivor, although my brother and sister died recently they were both in their seventies (a story I told already).    It was a fun process, but it provided more than that.  First, I married relatively young I was 26 when I married and nearly 30 when our first child was born.   I was looking at my ancestors.  On my mother's side, she had 6 siblings, Four died before the age of 30, two in war, and two from illnesses.  Only she and a single sister survived.   The two boys had a child each but they died in WWII, and the other sister died as an infant.   what is interesting is that every one of my mother's siblings had children in their early 20s.   I know that my mom was hardly 20 when my brother was born.    What is remarkable is that among our friends, we are the only ones to have fou...
Post a Comment
Read more