Category Archives: Brexit

Whatever happened to The Global Village

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A few years ago it was the orthodoxy – the body of ideas that all right thinking people should adopt without question – to talk about the world as one big global village. Globalization a.k.a. Americanization would bring peace and prosperity, and universal Happyness.

Then came 9/11 – and then the GFC of 2008.

Nobody talks much about the Global Village any more, and DAVOS – the Olympus of the Gods of Globalization – was poorly attended this year.

When you reach your 80s, with a mind reasonably intact, then Karl Marx’s “History repeats itself, first time tragedy second time farce,” or the more elegant French saying, “Plus ca change, plus c’est la meme chose,” resonate ever more strongly.

Do people remember these financial scandals of recent times?

– LOHNRO
– Investors Overseas Services
– Slater Walker
– BICC
– Icelandic Banks
– Societe General
– Barings Bank
– Northern Rock
– Lehman Brothers
– Bernie Madof
– Fanny Mae and Freddie Mac

And all the other nefarious dealings – and at times sheer incompetence – of the financial community? The unacceptable face of capitalism.

Or further back in time:

– The Great Depression of the 1930s

And even further back:

– The South Sea Bubble of 1720
– The Dutch Tulip Mania Bubble of 1636

And yet we continue to try and build a global society based on get-rich-quick speculative bubbles (a.k.a. financial derivatives and hedge funds) so that the filthy rich can get even filthier. There is currently about 8 times more out in paper than actual assets exist in the world. And if I have sparked your interest read Loretta Napoleoni’s excellent book ROGUE ECONOMICS for a more detailed and informed analysis.

Last year the wealth of the top 1% in the world increased by 18%, and the wealth of the bottom 50% decreased by 10%. I guess you could call that balance? Does anybody wonder why Trump, and BREXIT – and even ISIS (DAESH). These represent the backlash to the ruthless greed of the people who contribute nothing, merely seeking to make money from money, and ruin the lives of normal people. And of course they will fight endlessly to maintain their supremacy. Hence the howls of rage against Trump and Brexit.

My book, THE GULF “Reaping the Whirlwind” concerns the flotsam and jetsam that washes up in The Arabian/Persian Gulf. Expatriate American and British workers who are victims of the West’s ruthless and heartless financial system. And my work in progress, GULF II “The Beginning of Sorrows” concerns one man ruined and brought to the end of his tether by the GFC, the Global Financial Crash of 2008.

You can review and buy my book, THE GULF “Reaping the Whirlwind” and its fictionalizations of real events in the Middle East at:

amazon.com

Or on my publisher’s website:

feedaread.com

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Emmanuel Macron’s Berlin Wall

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Emanuel Macron, the naughty schoolboy with the Oedipus complex who the French elected as their President, said about Brexit:

“ (Britain will find out) . . . It is not easy to leave the EU . . . there are consequences.”

And then he went home to sit on Maman’s knee for his cupcake and a glass of Orangina.

What is he planning to do? How will he make good his threat? In order to curry favour with his German masters is he going to round-up as hostages the 155,000 British expatriates living, working and paying taxes in France? And then is he going to put them against the schoolyard wall and shoot them? Maman will surely buy him a Milice playsuit for his birthday?

Ah! Le silence de la Mère.

When the great Russian Revolution was failing in Eastern Europe, the East Germans built The Berlin Wall to keep their people in. It was not easy to leave – and there were consequences. You were machine gunned down if you tried.

The West responded with psychological warfare. West Germany in general, and West Berlin in particular, became outstanding symbols of capitalistic affluence, hedonism, and entitled Civil Libertarianism. The appeal, especially to the young, was irresistible – and The Wall came tumbling down. Macron is intelligent enough to know that after BREXIT, freed from the dead hand of bureaucratic Brussels and trading internationally the UK will become a beacon of affluence and entitlement, irresistible to the young.

When OPEC, dominated by the Arab Gulf States in general, and Saudi Arabia in particular, took over their crude oil assets, they raised the price 5 fold, and used their petro-dollar power base to promote a swing toward radical Wahhab Sunni Islam. It was similar to the revolution against the Shah by Shia Ayatollahs in Iran. Sunni and Shia clerics built a wall against The West by imposing stringent and puritanical limitations on their citizens. But The West ensured that Bahrain and Dubai became affluent, hedonistic and relatively liberal: accessible fleshpots to weaken the resolve of the people. And it is working. The walls are coming down.

Dubai, in just a few short years has become one of the most enterprising trading capitals of the World, ranking alongside New York, London, Singapore and Hong Kong. Bahrain lives in Dubai’s shadow as an international financial and tourist centre. But thousands of Saudis and their families cross the Causeway to Bahrain every weekend and taste Western freedoms.

My current work in progress, THE GULF “The Beginning of Sorrows” that concerns itself with the 2008 GFC (Global Financial Crisis) is centred on Dubai, because of its relevance as an international financial centre. But my current book THE GULF “Reaping the Whirlwind” is set on Bahrain as it transformed from a sleepy backwater of the British Empire into an independent nation state that acts as an interface between The West, and insular Saudi Arabia.

You can review and buy my book, THE GULF “Reaping the Whirlwind” and its fictionalizations of real events in the Middle East at:

amazon.com

Or on my publisher’s website:

feedaread.com

The Glass Slipper – or Cake and Eat it effect

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In a recent TV series that accurately depicted life in the UK in the recent past, one of the female characters said she was “Still waiting for the glass slipper.” She clung to the fairy tale romantic dream of a Prince Charming coming along to sweep her off her feet. In the meantime she cheated on her husband, and destroyed her marriage.

This adolescent, entitled, narcissistic dream typifies the state of denial that exists in Western Society. The belief that we are entitled to everything life can offer – and then more.

Here in Australia we have a female MP who is being investigated for abusing her staff, and her expense entitlements. Her defence is that she is a single Mother with 3 children, and needs her political staffers to babysit, and shop, and to use private limousine services to save time, so that she can do her job.

Sorry lady, you brought 3 children into the world, and that is your priority – not your political career. You cannot climb Everest, dive the Pacific depths, and sail single handed around the World – and still be home for tea. You can’t have your cake and eat it.

And on a global scale that is what is happening. An adolescent, Quixotic view prevails. Dreaming the impossible dream. Seeing the World as it ought to be (in your own egocentric opinion)- and reacting badly when having to deal with the world as it is. Donald Trump, for all his failings, sees the World as it is – and deals with it. And so do the Brexiteers, sick and tired of the Franco-German Axis trying to rule Europe.

Germany, having failed to dominate Europe by military might is consciously, or unconsciously, trying to dominate by financial might. And France, consciously or unconsciously, is collaborating (please read the book “Le Silence de La Mer” by Vercors).

The parallels with the 1930s are alarming. A global financial meltdown, followed by civic unrest, and the rise of right wing nationalism. All because of Germany’s overriding need to dominate (after losing two World Wars), and the French to demonstrate intellectual and cultural superiority because Britain brought down that other European tyrant, Napoleon (the degree of Anglophobia in Europe is frightening). And once again it is down to uncouth Britain to save Europe from itself. The Brexit Remainers are of course Petainists. Old, tired, and afraid of standing on their own two feet.

“Plus ca change, plus c’est la meme chose.”

The overriding theme of my book, THE GULF “Reaping the Whirlwind”, is that Western Governments persist in trying to make the Middle East conform to their view of how it should be – democratic, free market, capitalistic – and not see it as it is. They understand the problems. They do not understand the people.
As one of the characters in one of my stories says, “The Arabs read backwards, they write backwards, and they think backwards.”

Simply stated, their mindset is different. “East is East, and West is West, and never the twain shall meet”.

You can review and buy my book, THE GULF “Reaping the Whirlwind” and its fictionalizations of real events in the Middle East at:

amazon.com

Or on my publisher’s website:

feedaread.com