Turkey's foreign exchange reserves (black line) have reached minus 60 billion. Net debt. The coming step is a deep devaluation of the lira. This is a playable situation, although one must remember Eliezer Fishman's losses on the same place.
Sunday, September 13, 2020
Thinking about Turkey
Saturday, September 12, 2020
A Bahrain Jew
A remarkable Iraqi Jew I met in Tel Aviv in the mid-seventies had been the accountant of the Arabian American Oil company at Bahrain. When Israel achieved its independence, the Arabs rioted and the community moved to safety in Bombay, India. Bahrain is an island situated at two days navigation from Basra, Iraq, the port serving the Gulf. Basra had a community of merchant Jews, and they traded in the booming Gulf seaside villages aka Trucial States. Jews could not participate in the caravan trade of the mainland, due to Wahhabi fundamentalists. This respectable Iraki Jew told that Bahrain houses had flat roofs, and the community moved on the roofs when they escaped for their lives. He spoke a painfully correct Hebrew, like my Father spoke Spanish, having learnt the language as an adult.
The climate is horrible: August-September average 40 C and the northern wind brings humidity, creating a day-and-night suffocating climate. Bahrain and the rest of the Gulf Arab settlements are now very wealthy and westernized, and they tolerate Christians and Jews. Most of the population is transient, Arabs from the Levant and Pakistani, Malaysian, etc. The future is unknown: the climate change may turn the place uninhabitable by 2100, and the oil may become worthless. The current cities are built on abandoned ruins of undiscovered civilizations, nothing lasts forever. Pic: the Kedourie Family. of Bahrain.
Thursday, September 10, 2020
Hard Times
In the last week I have worked very little, lack of energy. Today I took part in a ZOOM meeting of a Commercial Center project under The HaEmek Hospital. I asked for my proposal to be signed, and the bastards changed the content: things I wrote were changed to the opposite. I resigned the job. Depressing.
The Revenue hit me with a large amount for 2019 and this month I am paying more tax than my income. Depressing.
The University is open and my absence has gone totally unnoticed. Twenty years driving to Ariel and now I am a stranger.
I am searching for a purpose but nothing interests me. I am going to bed to read Naipaul's Stanleyville story. Pic.: There were no roads and all the traffic moved with the weekly steamer. It took a week on the Congo River to reach the capital (2000 km). The verbosity of Naipaul is tiring. He over-analyses his feelings in every situation. The description of the Indian trading settlement in Zanzibar and East Africa is interesting. Till Idi Amin expelled them.
Tuesday, September 8, 2020
Substitute Godesses
Belief in a god or gods who intervene in the world to create order is a core element of global religions,” (Adam Green).
Without belief in that God, people choose to subscribe to conspiracy theories. While there are certainly unseen actors, more elaborate and improbable conspiracy theories are obviously a substitute for God for those who can no longer make themselves believe in Him.
Things just aren’t all that well-run. If only it all was a giant conspiracy theory. Then we could all rest assured that like the stock on any other well-run ranch, we would be properly fed and watered before we were sheared.
…but we haven’t even that consolation. If anyone is in charge, they’re spectacularly incompetent.
Ill.: Athena and Poseidon, competing for the title of Patron God of the City. Athena won. Athena never had a lover and was known as Athena Parthenos, “Virgin Athena”. The temple Parthenon takes its name from her virginity. Mary, the wife of Joseph and mother of Jesus and his brothers, is also believed to be a virgin. What obsession these peoples had with virginity?
The Attraction of Judaism
We are a very small people but exert a disproportional influence on humanity. A large number of people from all over the world tries actively to join us. I think it is because of our aura of success and wealth, however precarious the reality turns out to be. On the other hand, we are engaged in a competition to protect Jewish majority in Eretz Israel, so we cannot be too selective, and anyone with some (presumed) blood connection to the historic Jewish people is accepted. And because of this existential imperative of having a larger head count, Israel is forced to follow a pro-natalist policy. And a westernization policy for its Arab minority ("westernization" does not mean becoming Western, European or American, since Oriental peoples like the Japanese are the undisputed champions in not reproducing). Pic.: Bnei Menashe immigrants (they are from NorthEast India, no genetic link to any Middle Eastern people).