Monday, December 16, 2019

The Solgar Military Drone

The Turkish military industry, and industry in general, is developing fast. The new drone can fly 10 km and shoot 200 bullets with good precision. It is impressive because the platform itself is light, unstable in the air and each shot causes a reaction that changes the position of the drone. Turkish industrial products are low tech but effective, and most importantly, inexpensive - we have many JCBs in the construction industry. Turkey disputes maritime rights with Greece, it is a latent shooting war. Bibi said that we are allied to Greece since Turkey nixes our gas pipeline near Cyprus. 

Sunday, December 15, 2019

My Clients are Better than I am

The Regulator sent me a list of 25 demands: another interceptor, ten more non-return valves, two pumps instead of one (extra safety) and so on. I said OK we shall do it. My Client said NO, we shall not, we shall fight the expensive, senseless demand of this bureaucrat person. On second thought, he is right. I give in too easily. 

The Red-Hot Competition for IQ 100 people

From Deutsche Welle (Germany's Official Propaganda Medium, like the BBC):
Germany is most in need of electrical engineers, metal workers and mechatronics engineers, cooks, nurses, aged care workers, computer scientists and software developers. The government has been looking to draw people who qualify from Mexico, the Philippines, Brazil, India and Vietnam, among others. 

Labor Minister Hubertus Heil sought to allay concerns among immigrant-wary sections of the population, telling the Augsburger Allgemeine newspaper that the recruitment drive "is not about uncontrolled immigration, but about qualified people who we need so that our country can remain economically strong in the future."
This comes after Germany accepted more than a million Syrian refugees a year ago. Today the competition is not for mineral or other resources, but for working people. This is a totally new situation: People is not inexhaustible cannon fodder, but a scarce resource.  Argentina has about a million German descendants, mostly from the 19th Century, why are they unmentioned? 

Friday, December 13, 2019

Chinese Pre-History (and Post-History)

It is impressive how one is able to follow the linear progression of the numerous small villages in the Yellow River basin to larger political units and ultimately to the emergence of the enormous PR of China today. On the Western side of the Euro-Asiatic landmass, the parallel processes of empire formation were interrupted and re-started several times and no such continuity is evident. May be I am wrong, since Greek is still spoken and Latin (what is French if not Latin?) is the main European language group. The pic shows a pottery mask from a Neolithic site on the Yishui River (Hebei) village (8000 years BP). I think those civilizations appeared 2 -3 thousand years later than our Middle East settlements.

The Xi regime in China is in transition. It is possible that I may visit the large plaza in front of the Forbidden City - without Mao's mausoleum in the middle. Mao was a disaster for China, his mummy has to go. Arthur Waldron says that China's state enterprises are losing money, and taxation is very weak, so foreign investments are financing the regime. Stop the investments and stop foreign trade - the regime is g.o.n.e.

Gorbachev did the right thing in peacefully dissolving the Soviet Union, says Waldron. Everybody knew that the system was dysfunctional but its collapse could have involved civil wars and according to Yakovlev, about 70 million dead. One may wonder how the Chinese regime will mutate into a democratic, elected government, one ruling with the consent of the governed. Six months of civil disorder in Hong Kong indicates that the Chinese people rejects dictatorship, however mild it is for the average Han citizen. 

Venezuela: Ruined by Unearned Wealth

Three billion barrels of proven oil reserves, and people sleeps in the car at gas stations for days waiting to buy gasoline: that is Venezuela today. No one can beat Venezuela's socialist government mismanagement. The official price has not been changed in the last 18 years, and thanks to phenomenal inflation, its price is something of 0.1 cents/gallon - if you get it. There is no war in Venezuela but a third of the population has escaped and became refugees. 

Forty years ago, Venezuela became exceedingly wealthy thanks to the Saudi Oil Embargo (an act of war against Israel fighting for its existence in 1973). That incredible bonanza ruined them: they lost the habit of working and are unable to return to a honest, productive economy. Wealth is more destructive than poverty. 

Wednesday, December 11, 2019

Jews Becoming (Again) a Race

An idea is circulating that to combat antisemitism the Jews should be declared a "race" in America, with the effect that every anti-Semitic expression or comment would be automatically classified as a "racist" attack. And there is nothing a more serious crime in America than being a racist or being accused of racism. The punishments are draconian.

How could we suddenly be declared a race when for 70 years we the Jews and the liberals the world over had been fighting the very concept that race exists, and that we Jews are a separate, identifiable, race ? Technically, it can be done because race is such a vaporous concept that everything can be a race. The question is: Is this good for the Jews? I have to think it over.

Pic.: Kautsky: the Father of Communism/Social Democracy wrote about the question a hundred years ago. He says we are not. And nothing will come out of Zionism. 

Monday, December 9, 2019

TAHAL Shares Jump 63%

Tahal, my alma mater, lost money in Romania, and its African clients do not pay in time. It has contracts signed in Angola (pic. Quiminha) but no money to carry them out. Tahal's owner, KARDAN, has been trying to sell it for years but there was no buyer. Yesterday they bagged an offer for 12 million US$ from Shikun VeBinui group, and the bourse's reaction was electric. I own some, till yesterday, was worthless. The purchase agreement contains a seller's loan for 12 million, so apparently no money changed hands. The international agricultural development business is not profitable.