Tag Archives: eurozone

BRITAIN AND AMERICA LEAD WITH CORONA VIRUS

Michigan’s Governor Gretchen Whitmer has taken draconian steps to stop the spread of the corona virus. The restrictions she has imposed on Michigan are unprecedented. Cartoons like this one illustrate the public’s distrust of government, though most people seem to support the measures she has taken. At the same time, North Korea’s leader was missing, presumed dead.

In the US, there have been over 70,000 corona virus deaths; in the UK over 32,000 (proportionately the UK is worse than the US).   What this could mean remains to be seen.

Two months ago, Britain looked on in horror as deaths from Covid-19 skyrocketed in Italy.   Now, the UK’s own death toll from the disease has eclipsed its continental neighbor to become the worst in Europe.

Yet with the true figure likely to be significantly higher due to missed cases and a lag in reporting, the country is braced for worse news to come.  (The Week, 5/6/2020)

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RATE OF UNEMPLOYMENT

The latest unemployment figures came out this morning (Thursday).  An additional 3.2 million people filed for unemployment benefit last week.   That brings the total number of Americans without a job to 33.5 million.

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RESISTANCE MOUNTS

From Maine to California, Americans are defying government officials and reclaiming their First Amendment rights to assemble and protest.  They are opening up their businesses in open defiance of the authoritarian political leaders.   The resistance is building and thankfully remains (mostly) peaceful.  How long until the dam breaks and the lockdown regime comes crashing down?(https://patriotpowerednews.com/resistance-to-lockdown-builds-coronavirus-tyrants-losing-their-grip/)

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BRITISH ECONOMY HITS ROCK BOTTOM

In recent weeks economic data have forced statisticians to change the scale on their charts by hitting new lows.  This week they showed a record drop in construction activity, and the car industry’s trade body reported that new registrations fell by 97% year-on-year in April.   The good news is that the last month probably represented the bottom for Britain’s economy, with lockdown restrictions likely to ease in coming weeks.   The bad news is that the shape of the recovery remains uncertain.   Today’s Bank of England announcements did not include new policy changes—interest rates are already at record lows, quantitative easing has restarted, and new schemes have been put in place to support business lending — but they did update their forecasts.   The bank’s economists now expect the economy to contract by 14% in 2020, the largest annual fall since the early 1700s, followed by a 15% bounce in 2021.   The worry though is that while the scale of the decline looks pretty clear, the speed of the recovery is subject to much more uncertainty.   (The Economist, 5/7/2020)

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FEARS PANDEMIC MAY HASTEN WEST’S DECLINE 

The corona crisis could accelerate Germany and the western powers’ economic and political decline, according to recent economic projections by the International Monetary Fund (IMF) and analyses by US foreign policy experts.   As the US magazine Foreign Policy writes, Trump’s handling of the crisis has been an “embarrassing debacle” that tarnished the United States’ reputation as a country “that knows how to do things effectively.”  Other states are more willing to orient themselves on countries which are “past the peak of infection,” such as China, concludes the president of the Council on Foreign Relations.   The EU has also failed in the crisis. According to the IMF, China will economically suffer less under the pandemic than western countries: its economic performance will bypass that of the eurozone quicker than expected and will approach that of the United States.   In the West, this emerging shift in power is being accompanied by aggressive anti-Chinese propaganda.  (German Foreign Policy, 4/16/2020)

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TEST OF AMERICAN LEADERSHIP, POST-VIRUS

You can see why china might sniff an opportunity in this crisis. Coronavirus has targeted America’s weaknesses, while making many of its strengths temporarily irrelevant.   The world’s most powerful military machine is not much use against a virus.   But a lack of universal healthcare coverage is suddenly a threat not just to the poor but to the whole of US society.

Question one is:   what currency in the world do you most trust? Question two:   where, outside your home country, would you most like your children to go to university or to work?  For a majority of the global middle-class, the answers to those questions have been, respectively, the dollar and the us.  If that continues to be the case after the pandemic, then American primacy will continue.

(Gideon Rachman, FT, 5/6)

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FEARS GROW BREXIT TALKS COULD COLLAPSE IN JUNE

Brexit talks with the European Union could collapse in June unless Brussels abandons its demands for a common fisheries policy and a level playing field, says a source close to the UK’s negotiating team.

The source told The Guardian that only “limited progress in bridging the gaps between us” had been made at last week’s talks, but there was “confidence that progress can be made quite quickly.”

He added that he was “quite positive” over the chances of a trade deal before the end of the year, when the UK’s transition period ends.  Boris Johnson is expected to take a more active role in trying to help unblock talks if there is no breakthrough in the months ahead.   (The Week, 5/1/2020)

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Britain’s new aircraft carrier Queen Elizabeth sets sail
30 April 2020, Defense News

LONDON — Britain’s new aircraft carrier HMS Queen Elizabeth departed its Portsmouth base April 29 for training, but only after its crew was tested for the new coronavirus, the Royal Navy announced.   The 65,000-ton warship is currently in an isolation period at sea ahead of training off the south coast of England.  The ship’s departure from the Portsmouth naval base was delayed by a few days to enable the entire crew of about 800 to be tested for COVID-19.   The warship is expected to be at sea for up to eight weeks conducting the Flag Officer Sea Training assessment required to certify that HMS Queen Elizabeth is competent to join the fleet for operational tasking.  Britain is targeting next year for the ship’s first operational deployment, and the FOST assessment is a key element in achieving that plan.  Training with F-35 fighter jets, simulated battle damage, fires and flood training, and mission rehearsals will be part of the process, the Royal Navy said in a statement.  “This will prepare the ship for further training later in the year with other Royal Navy ships to ensure they are ready to deploy as a task group next year,” the service said.(https://www.defensenews.com/naval/2020/04/30/britains-new-carrier-queen-elizabeth-sets-sail-prepared-to-train-amid-pandemic/)

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EUROZONE ECONOMY SHRINKS AT RECORD RATE

The eurozone economy shrank at its sharpest rate on record in the first quarter of the year, with the continent set to enter a deep recession triggered by the coronavirus lockdown.

Eurostat data published yesterday showed that eurozone GDP shrank by 3.8% in the first quarter of 2020 compared to the final quarter of last year.   The contraction is worse than that experienced by the US over the same period and deeper than the financial crisis over a decade ago.   Market Watch says it means “three years of the eurozone’s economic activity have been wiped away, and it is likely going to get worse.”  (The Week, 5/1/2020)

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COULD ISRAEL AND IRAN GO TO WAR?

The undeclared war between Iran and Israel has reached new heights.

Or more specifically, a height of 270 miles, which is the altitude of Iran’s first spy satellite.   It’s more than a nice vantage point for Iran to keep an eye on its arch-enemy Israel.   Lacking advanced reconnaissance aircraft and drones to penetrate Israeli air defenses, a satellite may be the only way for Tehran to gather real-time intelligence on Israel.

Which raises the question: will Israel be tempted to destroy Iran’s eye in the sky?   (Michael Peck, Middle East Forum, 5/5/2020)

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DISENGAGEMENT FROM CHINA

The United States and transatlantic oriented circles in Germany are increasing pressure on Berlin to participate in the West’s “disengagement” from China.   “The alliance question” is “ripe for decision,” declared Mathias Döpfner, CEO of the Axel Springer SE media group.  Germany must cease the “aberration” of economic cooperation with the People’s Republic of China and formally position itself in opposition to Beijing.  This is the result of the global shift in power that is becoming apparent through the Corona crisis. Whereas China has obviously overcome the low-point of this crisis and is already headed back to economic growth, an improvement of the situation in the USA and Europe is not yet on the horizon. Observers are speculating that the western powers’ “influence and significance” will probably “continue to dwindle.”   Whereas Washington is mulling whether to lift China’s sovereign immunity, to permit damage lawsuits, powerful forces in the German economy are seeing their crisis exit in business with China.   (German Foreign Policy, 5/4/2020)

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SCOTTISH COMMENT ON CHINESE BEHAVIOR

“No country with a skerrick of self-respect can allow this behavior to go unpunished.  I have already suggested some punitive measures designed to wound the regime’s pride without harming the Chinese people:   cancel the Huawei deal; pass a Magnitsky-style Act targeting senior CPC figures; champion the Uyghurs at every opportunity (e.g. rename the London street that houses the Chinese embassy after a Uyghur political prisoner); and recognize Taiwan as an independent nation.   All I would add, upon reflection, is this: grant British citizenship to Hong Kongers born before 1 July 1997, their children and grandchildren.” — Scottish political commentator Stephen Daisley.   (Gatestone, 5/7)

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CORONA ECONOMIC GAP

Foreign policy experts in Germany and the EU’s Foreign Affairs Commissioner Josep Borrell are warning that Brussels’ corona relief measures could widen the EU’s economic gap.   So far, the EU’s reaction to the Corona crisis has led to companies in economically stronger countries receiving more relief assistance than their competitors in more heavily indebted countries, according to a proximate analysis by the German Council on Foreign Relations (DGAP).   After the crisis, German companies will probably be in a stronger position than, for example, their Italian competitors.  “The north-south divide that was already in place before the crisis, could become even more pronounced afterwards,” Borrell predicts.   The growing inequality could threaten the EU’s “political project” in the foreseeable future, the DGAP writes.   In the competition within the EU, German companies are benefiting from the fact that, by fostering a bottom-to-top redistribution, national corona relief measures are already to their advantage – a development that exacerbates the crisis.  (German Foreign Policy, 5/6/2020)

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POPE PIUS XII KNEW OF HOLOCAUST                                          Researchers say Vatican archives show Pope Pius XII knew of WWII killing of Jews  

German scholars exploring newly opened trove of documents find letter indicating pope was aware of massacre of Jews in Warsaw and Lviv from own sources, but denied it to Americans.

Researchers studying the newly opened Vatican archives of pope Pius XII have already found evidence that the World War II-era pope knew about the mass killing of Jews from his own sources but kept it from the US government, the Washington Post reported Wednesday, citing interviews with German scholars.   The archives were opened March 2, but closed soon after due to the coronavirus crisis.   Many of the 200 scholars who had applied for access delayed their trips. However, a German team lead by award-winning religious historian Hubert Wolf from the University of Münster made a start and has already found some damning discoveries.   (Times of Israel, 30 April 2020).

(MORE:  https://www.timesofisrael.com/researchers-say-vatican-archives-show-pope-pius-xii-knew-of-wwii-killing-of-jews/)

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POLYGAMY CAUSE OF CONFLICT IN AFRICA

Polygamy is a major social problem in Africa and other parts of the world.  In Africa, it plays a major role in the wars fought in some areas.   Where men have to provide 30 or more cows as the bride price to buy a wife, cattle raids on neighboring tribes and villages have become a regular occurrence.  As some men have multiple wives, so others have none.  This leads to desperation, to violence and the taking of wives from other tribes.

“Overall, polygamy is in retreat.  However, its supporters are fighting to preserve or even extend it.  Two-fifths of Khazakhstanis want to re-legalize the practice  (it was banned by the Bolsheviks).   In 2008 they were thwarted, at least temporarily, when a female MP amended a pro-polygamy bill to say that polyandry – the taking of multiple husbands – would be allowed as well; Muslim greybeards balked at that.”  (“The Perils of Polygamy,” The Economist, 12/23/17).

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TO THE POINT

  • ISRAEL ALLOWS CHRISTIAN TV CHANNEL – A new evangelical Christian channel whose mission is to “take the message of Yeshua our Messiah to all of Israel 24/7, 365 days a year” began broadcasting in Israel in Hebrew last week, after signing a seven-year contract with Israeli cable provider HOT.   The Shelanu (Hebrew for “Ours”) TV channel is a branch of GOD TV, which broadcasts missionary programming in 200 countries around the world.   The new deal will give the channel access to over 700,000 Israeli households. GOD TV CEO Ward Simpson said in a video announcing the launch that his network had received permission from the Israeli government to “broadcast the gospel of Jesus Christ – Yeshua the Messiah – in Israel on cable TV in the Hebrew language.   Never before, as far as we know in the history of the world, has this ever been done.” (jns. 5/5/2020)
  • The leaders of the European Union and dozens of states and donors pledged €7.4bn ($8.1bn) to fund the fight against covid-19.   Most of the money will go towards developing a vaccine, the rest to finding a cure and better testing.   More cash could be forthcoming.   America declined to take part (or say why).   “A pity,” said Norway’s prime minister.   (The Economist, 5/5/2020)
  • CHINA WARNS OF WAR WITH THE US – An internal report presented to Chinese President Xi Jinping and other top leaders concludes that global anti-China sentiment is at a level not seen since the 1989 Tiananmen Square crackdown, and recommends preparing for a worst-case scenario of armed conflict with the United States, according to Reuters, citing people familiar with the content of the document.
  • Eleven European ambassadors to Israel on Thursday warned Jerusalem of severe consequences if it moves ahead with plans to annex parts of the West Bank as part of a government coalition deal.  The envoys from the UK, Germany, France, Ireland, the Netherlands, Italy, Spain, Sweden, Belgium, Denmark, Finland and the EU issued a formal objection to the Foreign Ministry against the move, Channel 13 reported. (Times of Israel, 5/1/2020)
  • Kuwaiti economist Saeed Tawfiqi said in a March 30, 2020 interview on Diwan Al-Mulla Internet TV (Kuwait) that in light of the coronavirus pandemic, the U.S. and Europe will enter a sharp decline, and China will become stronger.   He advised people in the Gulf states to start learning Chinese instead of English and using yuans instead of dollars. (MEMRI 7921)

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AFTER THOUGHT

America has held the pre-eminent position in the world for seventy years.  History shows us that it will not always be the case.   Indeed, the corona virus could be the straw that breaks the camel’s back.

The first recorded recognition that the British Empire no longer ranked at number one was in 1948.   But it wasn’t until 1956, with the Suez Canal crisis, that it was fully realized.   Decline (and fall) is not always overnight as in the fall of Babylon – it can be longer and protracted.

The outcome of the virus and the economic reality of its aftermath, remain to be seen.   But the article by Gideon Rachman, of the Financial Times, quoted elsewhere in this blog, gives us a simple test.   After it’s all over, will the US dollar still be the currency of choice for the world’s nations?  And will people around the world still send their children to US colleges?

We should know the answer to the first question soon; the second may take longer.

Over-spending by the US government has always been a problem.  The late President DeGaulle of France dismissively referred to the “Anglo-Saxon debtor countries”, whose economic systems relied on deficit spending.  But that over-spending has been a big factor in ensuring the prosperity of both the British and the Americans for the last 50 years.

That will likely change.    Borrowing for the stimulus will run into the trillions of dollars.   In the UK, we see the same thing happening with massive spending to help the people in a time of trouble.

This must weaken the dollar (and the pound), against other currencies.   We may even have reached the full extent of our capacity to borrow, that no more borrowing is possible.  At the very least, our children and grandchildren will be buried in debt for generations.

Other nations may decide that the two currencies are not reliable, that they will not hold their value.  In which case, they will have to find an alternative (the euro?  The Chinese yuan?  Gold?).   If that’s the case, the US will lose its global leadership position overnight.

Daniel 2:21 says:   “He removes kings and raises up kings” (Daniel 2:21).  God is behind the rise and fall of nations.  Seventy years is about the average for any nation to stay at the top.  It was longer for the British, but not the French or the Spanish, who held the ascendant position earlier.  Seventy years is about the average lifespan, by which time people have forgotten the lessons of the past, which includes the need to balance the books and stabilize the currency.

Whether this is the time for a major global change is not clear yet.   But it soon will be.

Let’s remember God is in charge and not despair.   The same chapter of Daniel assures us of the greatest event in history, the establishment of the Kingdom of God.

“And in the days of these kings the God of heaven will set up a kingdom which shall never be destroyed; and the kingdom shall not be left to other people; it shall break in pieces and consume all these kingdoms, and it shall stand forever.”  (Daniel 2:44)

The kingdoms (and republics) of this world must end for God to establish His Kingdom.

MR     

GLOBAL DEBT AT 317% OF GDP

The world’s debt burden stands at a staggering 317 per cent of global gross domestic product, just shy of its all-time high in 2016, according to the Institute of International Finance.   Years of low and negative interest rates have fed the debt habit:   since the 2008 financial crisis, the world has added an extraordinary $70tn in debt, or 25 per cent of GDP, with sovereign debt accounting for nearly 40 per cent of that increase.

“To be clear: responsibly incurred debt can play an important and constructive role in economic development.   Long-term investments that enhance productivity can foster a more prosperous future. Amid subdued growth in many parts of the world and a critical need for infrastructure, there are arguments to be made in support of using debt to foster growth.

“But too much debt is a risk for lenders and borrowers alike, as history has shown time and again.”

(“We need transparency to keep countries out of a debt spiral,” Axel Weber, Financial Times, 6/18)

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CURRENCY WARS

Europe has been warned. Any use of monetary levers to hold down the euro exchange rate will be deemed a provocation by the Trump administration.

Further cuts in interest rates to minus 0.5pc or beyond will be scrutinized for currency manipulation.   A revival of quantitative easing will be considered a devaluation policy in disguise, as indeed it is, since the money leaks out into global securities and depresses the euro.

The Bank for International Settlements says €300bn of Europe’s QE funding reached London alone between 2014 and 2017.

If the ECB copies the Swiss National Bank and starts to amass foreign assets directly to cap currency strength Europe will face certain retaliation.

(“Currency war is the next phase of global conflict and Europe, the chief parasite, is defenceless,” Ambrose Evans-Pritchard, Daily Telegraph, June 19th)

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BRUSSELS BRIEFING

Donald Trump’s found someone else in Europe he doesn’t like.   The US president launched a Twitter tirade against Mario Draghi after the ECB president said he was ready to inject new stimulus into the eurozone, sending the euro tumbling against the dollar.  (Brussels Briefing, Financial Times, 6/1)

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 TRUMP’S WAR

“President Donald Trump cannot want war with Iran.

   Such a war, no matter how long, would be fought in and around the Persian Gulf, through which a third of the world’s seaborne oil travels.   It could trigger a worldwide recession and imperil Trump’s re-election.

   It would widen the “forever war,” which Trump said he would end, to a nation of 80 million people, three times as large as Iraq.   It would become the defining issue of his presidency, as the Iraq War became the defining issue of George W. Bush’s presidency.

 And if war comes now, it would be known as “Trump’s War.”

In conclusion:

“Who wants a U.S. war with Iran?

   Primarily the same people who goaded us into wars in Iraq, Syria, Libya and Yemen, and who oppose every effort of Trump’s to extricate us from those wars.

   Should they succeed in Iran, it is hard to see how we will ever be able to extricate our country from this blood-soaked region that holds no vital strategic interest save oil, and America, thanks to fracking, has become independent of that.”    (“War with Iran would become “Trump’s War,” Pat Buchanan, 6/18)

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Iran shoots down US drone aircraft

Oil prices jump after action by Revolutionary Guard escalates tensions between Tehran and Washington (Financial Times, 6/20)

“Iran shoots down US military drone to send “clear message” to Trump”   (Independent, 6/20)

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GERMAN POLITICIAN ASSASSINATED BY NEO-NAZI

Germany’s federal prosecutors have taken over the investigation into the murder of Walter Lübcke, indicating that the killing of the Kassel district president on June 2 is being treated as a politically motivated terrorist act.

If indeed the murder is shown to have been politically motivated, it would be the first such assassination on a sitting German politician since the 1970s.

Trail included death threats, weapons.

A number of German outlets have reported details of the alleged far-right ties of the suspect arrested in the central city of Kassel in the early hours of Sunday morning.

The German daily Süddeutsche Zeitung reported on Monday that the 45-year-old man, named only as Stephan E., had a long criminal record, had already issued death threats via his YouTube channel, and that weapons were found during the search of his home.

According to the paper, Stephan E. had written a comment on YouTube in 2018 under his alias ‘Game Over’ that read, “Either this government abdicates soon or there will be deaths.”  ( “Walter Lubcke murder raises specter of neo-Nazi terrorism,”   Deutsche Welle news)

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Xenophobia stokes extreme-right activism

Puls has also noticed that neo-Nazis became more and more vocal in the last few years, following the influx of refugees who arrived in Germany in 2015 and 2016, which led to more anti-immigrant sentiment in the mainstream political debate and hate speech on social media.

As a supporter of Chancellor Angela Merkel’s policy, Walter Lübke himself was on the sharp end of much of this.

“One can certainly say that the propensity for violence has certainly risen following the right-wing debates around immigration,” he said. “The case of Lübcke is certainly very revealing here.   Walter Lübcke faced an enormous amount of hatred in 2015.   That does raise the question:   how much does it take before one person says ‘I’ll reach for a weapon?’   In certain circumstances, not much.”

( “Walter Lubcke murder raises specter of neo-Nazi terrorism,” Deutsche Welle news)

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Stand up to far right, Germany’s Angela Merkel tells Europe

The resignation of Austria’s vice chancellor led German politicians to warn against alliances with populists.   Chancellor Merkel spoke out against right-wing populism as many are now demanding new Austrian elections.   (DW)

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NEO-NAZIS IN AMERICA

The definition of a neo-Nazi is someone who belongs to an organization that is similar to the German Nazi Party of Adolf Hitler.

“Frontline” (PBS) this week showed the growth of neo-Nazis across America.   It showed synagogues that are now doing everything they can to prepare for further mass shootings.

It also interviewed members of neo-Nazi groups and showed a perverse link with the current Administration.    “To make America great again, you would have to make America white again”,  is a direct quote from a leader of the neo-Nazi movement, the Waffen.

“FRONTLINE and ProPublica continue reporting on the resurgence of white supremacist groups in the United States.   “Documenting Hate:   New American Nazis” investigates a violent neo-Nazi group that has actively recruited inside the U.S. military, and examines the group’s terrorist objectives.” (Frontline).

Overlooked here is the major contribution made by liberals, in the growth of Nazism.   The massive influx of immigrants since 1965 has led directly to anti-immigrant feeling.   The 2008 financial crisis contributed greatly to anti-semitism.

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ZUCKERBERG LAUNCHES NEW CURRENCY

“He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has [a]the mark or the name of the beast, or the number of his name.” (Rev 13:16-17)

Zuckerberg’s $538 billion social network on Tuesday announced plans to create a new digital currency and financial system that it claims will revolutionize banking. Facebook announced the new currency, called Libra, in a 12-page white paper that promised vast improvements on bitcoin and other volatile digital coins.” (New York Post, 6/18)

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THE DARK SIDE OF ZUCKERBERG’S POWERFUL NEW CRYPTO COIN

“In its quest for world domination, Facebook has already disrupted everything from the media industry to American democracy, drawing scrutiny for things like its pitiful handling of user data, its monopolistic tendencies, and a “digital gangster” mentality along the way.   Now, as regulators in Washington, D.C., bear down on Facebook, co-founder Mark Zuckerberg has acquired a new target: the global financial system.

“On Tuesday, Facebook announced plans to debut Libra, a cryptocurrency it has been developing for more than a year. Described by the company as “a simple global currency and financial infrastructure that can empower billions of people,” Libra will partner Facebook with Mastercard, Visa, Uber, and an array of other high-profile companies in what the New York Times called “the most far-reaching attempt by a mainstream company to jump into the world of cryptocurrencies.”

“David Marcus, who is leading Facebook’s blockchain technology research, is stoked.   “It feels like it is time for a better system,” Marcus told The Times. “This is something that could be a profound change for the entire world.”   Even Zuckerberg, who has spent much of the last two years on a sort of apology tour, sounds like he’s regained his change-the-world mojo.   “Being able to use mobile money can have an important positive impact on people’s lives because you don’t have to always carry cash, which can be insecure, or pay extra fees for transfers,”    Zuckerberg wrote in a Facebook post.   “We aspire to make it easy for everyone to send and receive money just like you use our apps to instantly share messages and photos.”   (Eric Lutz, Vanity Fair, 6/18)

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THREAT TO US FOOD SUPPLY

“US beekeepers lost 40% of colonies over past year” – The Guardian 6/19

NEW GERMAN COALITION TO INCREASE MILITARY STRENGTH

Angela Merkel and Martin Schulz

Europe remains in a continual state of flux.   The UK is leaving the EU and facing an uncertain future.  The EU must punish Britain. It cannot afford to let the UK succeed outside of the Union, or others may follow her through the “exit” door.   Greece is finally coming out of years of serious economic troubles.   Eastern European nations are at variance with Germany over immigration.   Austria has a new conservative government that includes the right-wing Freedom Party.   Always remember, when looking at Europe, that the turmoil the continent is now going through will lead to the fulfillment of the following prophecy.

“The ten horns which you saw are ten kings who have received no kingdom as yet, but they receive authority for one hour as kings with the beast.  These are of one mind, and they will give their power and authority to the beast.” (Revelation 17:12-13)

GERMAN COALITION

It looks as if Mrs. Merkel’s Christian Democratic Union (supposedly a conservative party) is going to be able to form a coalition with the left-of-center Social Democrats, led by Martin Schulz.   This combination is referred to as a Grand Coalition, bringing two opposing parties together again.

“One downside to the grand coalition is that it leaves the right-wing nationalist Alternative for Germany (AfD), which made a surprisingly strong showing in September’s polls, as the largest opposition party, giving it a number of advantages including public funding and leadership roles in some parliamentary committees.  The AfD, the closest thing to Nazis to win seats in the Bundestag since the actual Nazis, ran a racially inflected populist campaign that capitalized on widespread anxieties about the influx of refugees and migrants from the Muslim Middle East, which the AfD said were threatening both Germany’s national security and its national identity.”  (“Germany’s political turmoil is bad news for Europe,” Jonah Shepp, New York magazine, 1/16/18).

Looking to the future, Mr. Shepp wrote:

“Part of Merkel’s problem is that she represents a waning generation of political leadership whose preference for moderation and incremental progress is being rejected in favor of bold new ideas on both the right and the left.   German voters flocked to smaller parties in September, particularly the AfD and FDP, while the Greens and the Left made gains among younger voters.

“Younger members of Merkel’s own conservative party have been urging her step aside, while a rising generation of leaders is waiting in the wings to succeed her.   The most talked-about potential successor is 37-year-old Jens Spahn, an openly gay man who has criticized Merkel from the right on immigration issues.   Another name that comes up is Ursula von der Leyen, the current defense minister, whose positions are more liberal.

“The other mainstream parties are also looking at generational transitions:   CSU chairman Horst Seehofer is handing the Bavarian premiership over to Markus Söder, 18 years his junior, while many Social Democrats are looking to oust their leader Martin Schulz after their disappointing performance in September.”

The composition of the new coalition means there will be fireworks ahead as each party wants different things.   It’s not likely the government can stay together very long.   That also means Mrs. Merkel’s future is uncertain and will be short-lived.   She has been Chancellor for over twelve years.

Change is likely not far off.

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GERMAN REARMAMENT

Meanwhile, the German World Socialist website is warning that the new German government plans a massive expansion of its military. (This is exactly what President Trump has been demanding, that Germany spend at least 2% of its GNP on defense.)

Incoming German government plans massive military rearmament   By Johannes Stern                                                                                                           3 January 2018 * World Socialist Web Site

Extracts:

“At the beginning of December, in a keynote address to the Körber Foundation in Berlin, Social Democrat Sigmar Gabriel demanded that after seven decades of relative foreign policy restraint, Germany return to an independent foreign and military policy – supported by a militarized European Union under German leadership.   “Now we realize that even with great economic prosperity in our country there is no comfortable place on the side-lines of international politics for us anymore.   Neither for us Germans nor for us Europeans,” he declared provocatively.

“Significantly, the SWP, which is close to the government, has once again submitted a paper titled “Dissolution or Replacement?   The International Order in Transition,” which openly makes the case for the establishment of a new world order under German-European leadership.   Above all, it considers China and the US, with or without Trump, as international rivals.

“ . . . The entire paper makes clear that the ruling classes in Germany and Europe are again preparing for a new major war. “

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BREXIT

The Brits are on their way out and leaving the EU with an almighty headache about money.   Rows over the common pot of cash in the EU27 will be about €13bn a year more painful after the UK blows a hole in the budget after 2020.   (FT Brussels Briefing, 1/9)

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GREECE’S 8 YEARS OF AUSTERITY UNDER GERMAN DIRECTION IS ALMOST OVER

It’s a Grexit with a difference. 2018 should be the year Greece ends eight years of economic tutelage, closing a chapter on an extraordinary period in the EU’s financial crisis fight.

August is the planned exit date and Greece’s Syriza government has been quietly crossing the t’s and dotting the i’s on its €86bn bailout ahead of the summer. In a familiar ritual, the Greek parliament this week passed its last mountain of sweeping reforms – touching everything from energy markets to trade unions – to unlock its latest dose of rescue money.   Eurozone finance ministers should sign off on the penultimate bailout review on Monday.

In one last act of defiance, thousands of protesters gathered outside the Greek parliament to vent their rage against labour laws that make it harder for trade unions to call strikes. “The law is totally undemocratic, a form of modern slavery” the head of Greece’s public sector union told The Guardian‘s Helena Smith.  (FT Brussels Briefing, 1/17)

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STRATFOR’S PREDICTION FOR NEW YEAR

2018 Annual Forecast – North Korea’s likely achievement of a viable nuclear deterrent next year will give rise to a new and more unstable era of containment.   As the specter of war looms in the Asia-Pacific, China and Russia will band together while the United States cracks down even harder on Iran — as well as its own trade partners.  (Stratfor 1/17)

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ISRAEL EXPELLING 10,000 AFRICAN IMMIGRANTS

Israel launches plan to expel thousands of African migrants                4 Jan 2018

Jerusalem – Israel on Wednesday began implementing a plan to force tens of thousands of African migrants out of the country by April, threatening to arrest those who stay.  “This plan will get under way today,” Prime Minister Benjamin Netanyahu said at the start of a cabinet meeting.  Under the programme, some 38,000 migrants who entered Israel illegally, mainly Eritreans and Sudanese, will have until the end of March to leave.  Each will receive a plane ticket and $3,500 to do so.   After the deadline, this amount will decrease and those who continue to refuse to go will face arrest.  Holot, an open facility in Israel’s desert south that can host 1,200 migrants who are allowed to leave to work during the day, is also set to be closed. Netanyahu pledged to “return south Tel Aviv to the citizens of Israel”, adding that the Africans were “not refugees but illegal infiltrators.”

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BECOME LIKE LITTLE CHILDREN

Our youngest grandson, not even two yet, already knows a lot more than most politicians, judges and liberal intellectuals in the western world.

Hayden has it down pat.  He knows to go to either Mom or Grandma when he wants food or needs his diaper changed; he’s also learned, when he wants fun, that Dad or Grandpa are the go-to people.

If a 20-month-old toddler can clearly distinguish gender roles, why can’t judges, politicians and lawyers?

They would do well to ponder the following words of Jesus Christ:

… Jesus called a little child to stand among them. “Truly I tell you, He said, “unless you change and become like little children, you will never enter the kingdom of heaven. Therefore, whoever humbles himself like this little child is the greatest in the kingdom of heaven.

(Matthew 18:2-4)

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FOUR LETTER WORDS

I took my wife and daughter to see a movie today.   On the way there, our daughter was doing a crossword on her phone.   She suddenly said:   “I need a four lettered word.”   I suggested she call the White House!

It’s ironic that the bad word President Trump allegedly used to describe African countries and Haiti has some truth to it.   We lived in Africa for over ten years.  During that time, we hosted many western visitors, both black and white.   The one thing everybody complained about was the toilet facilities – or, rather, the lack of them.

This does not mean that there is nothing positive to say about Africa. As I often remarked to visitors:   “we can teach them a lot about plumbing, but we can’t teach them anything about relationships. That’s where they can teach us.”

Back to Trump’s expletive.   Both Richard Nixon and his predecessor LBJ used a lot of bad language.  I suspect every president has since, to one degree or another.

 

Whenever I hear certain words, I am reminded of what my old English teacher said over fifty years ago.   “People who use bad language have a limited vocabulary with which to express themselves!”   There’s a lot of truth in that.

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MORE IGNORANCE

Senator Jeff Flake (Arizona Republican) has compared President Trump to Josef Stalin.

This kind of ignorance is appalling and dangerous.

Trump has his problems, but he cannot be equated with Stalin, a dictator who killed millions of people in his own country.   Millions more were sent to their deaths in the gulags.

Additionally, ordering the murders of five of his top nine generals prior to World War II meant the country was almost defeated by the German army.   The death toll from this alone was twenty million.

Senator Flake should not be allowed back into Congress until he has read all three volumes of Alexander Solzhenitsyn’s “Gulag Archipelago.”   This would give him a much better idea of Russia’s reality under Uncle Joe.

Others who have compared Trump to Hitler should be assigned William Shirer’s “The Rise and Fall of the Third Reich.”

Unfortunately, ignorance does not preclude entry into Congress!  If anything, it helps.

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Israeli Mayors Rail Against Law Limiting Commerce on Shabbat   11 Jan 2018 * JNS.org 

Dozens of mayors across Israel vowed on Tuesday to fight the country’s new law limiting commerce on Shabbat, saying they will not enforce it.   The controversial “supermarkets bill” passed in the Knesset with a razor-thin majority of 58-57 on Tuesday morning. The law, an amendment to the Local Authorities Law’s provisions on the operation of local businesses on days of rest, gives the interior minister the power to shutter businesses that choose to remain open on Shabbat.   During the past few weeks, Israeli municipalities have raced to bypass the looming supermarkets law, passing and bolstering bylaws allowing businesses to remain open on Shabbat.

“The supermarkets bill is meaningless.  It is up to the mayors to enforce it and I say in no uncertain terms that I have no intention of sending inspectors to enforce it,”  Ramat Gan Mayor Yisrael Zinger said Tuesday.   “We are a liberal city, and we believe in allowing people to live their lives according to their own beliefs.  This is what creates the fabric of life in the city,” he said.   Prior to the vote on the bill, Holon Mayor Moti Sasson pledged “to do everything within my power to preserve the status quo in the city, as part of which some businesses will be open on Shabbat for the benefit of the residents.” Givatayim Mayor Ran Kunik also announced he would not enforce the new law, telling reporters he is determined to preserve the status quo in his city.   “Givatayim knows what’s best for its residents better than any minister,” he said.  

 

 

 

 

 

 

 

 

 

 

 

 

A RAPIDLY CHANGING WORLD

refugee-screening

It’s not just the US that is in transition. Take a look at what’s happening elsewhere around the world. 

The year That May Decide Europe’s Fate

2017 will be the most important year yet for the continuity of the eurozone as political and economic risk reaches the bloc’s very core in Germany, France and Italy. These countries not only have the largest economies in Europe, but they are also the main forces driving the process of European integration.  If a nationalist party gains power in France or Italy, the eurozone’s days could be numbered. (Stratfor, 12/16)

Middle East

In this world, it is often dangerous to be an enemy of the United States, said Henry Kissinger in 1968, but to be a friend is fatal . . . So it is today with Aleppo, where savage reprisals against U.S.-backed rebels are taking place in that hellhole of human rights.” (“Lessons from Aleppo – for Trump”, Pat Buchanan, 12/15/16)

Trump’s new US envoy to Israel seeks Jerusalem base

US President-elect Donald Trump has chosen right-winger David Friedman as America’s next ambassador to Israel.  The 57-year-old lawyer is strongly critical of the long-held US goal of a two-state solution to the Israeli-Palestinian conflict. He also supports Jewish settlement building in the occupied West Bank, which the Obama administration considers an “obstacle to peace.”  A liberal Jewish group opposed his nomination. Conservatives welcomed it.  Mr. Friedman said he looked forward to working “from the US Embassy in Israel’s eternal capital, Jerusalem,” a statement that will anger Palestinians   (BBC)

ISIS leader in first interview:

“To behead an animal, it would be difficult; with enemies of Allah, it is a pleasure.” (Daily Mirror, London)

Deadliest Church Attack

The worst attack on Egypt’s Christian minority in recent years occurred  Sunday, December 11, 2016. St. Peter Cathedral in Cairo, packed with worshipers celebrating Sunday mass, was bombed; at least 25 churchgoers, mostly women and children, were killed and 65 severely wounded. As many of the wounded are in critical condition, the death toll is expected to rise.

As usual, witnesses say that state security was not present, and that police took an inordinate amount of time to arrive after the explosion.  Preliminary investigations point to a bomb placed inside an unattended woman’s purse on one of the rear pews of the women’s section.

Mutilated bodies were strewn along the floor of the cathedral. “I found bodies, many of them women, lying on the pews. It was a horrible scene,” said one witness. (“Egypt’s deadliest church attack,” by Raymond Ibrahim, 12/12/16, Gatestone Institute).

1000 Radical Muslims Protest in London, Call for the Return of the Islamic Caliphate (PJ Media 12/16/16)

More Muslims Settle In Michigan

“Activists to Trump: Keep letting refugees into Michigan, US”

“Trump will have wide-ranging powers in deciding  who to let in, or keep out, of the country. But it’s a move that could have deep reverberations in Michigan, which has welcomed more Syrian and Iraqi refugees than just about any other state in the nation.

“In the federal fiscal year that ended September 30, Michigan took in 1,374 Syrian refugees, second only to California.  Additionally, 1,119 Iraqis as families fled civil war in the Middle East. Overall, the U.S. took in about 22,500 people from Syria and Iraq that year – a sizeable number, but far less than those being resettled in parts of Europe and Turkey out of millions displaced by Syria’s civil war.”

On a local level:  ”Lansing took in some of those Syrian and Iraqi refugees. There were 56 Syrians and 46 Iraqis among the 776 people from the Middle East, Africa and Southeast Asia resettled in Lansing by St. Vincent Catholic charities in the 2015-16 fiscal year . . .”   (Lansing State Journal, Sunday)

White Americans Dying Off

A rapidly aging white population and fast-growing younger minority groups are speeding demographic changes across the nation, hastening a political divide likely to have long-term ramifications.

The percentage of the U.S. population that is white has decreased from 79.6 percent in 1980 to 61.9 percent in 2014.  The percentage of Latino-Americans has increased from 6.4 percent to 17.3 percent over the same time period, while both the African-American and Asian-American populations have grown, too.

There are growing signs that the rate of change is increasing.  The number of non-Hispanic whites who died in 2014 outpaced the number of white births in 17 states, according to a new analysis from the University of New Hampshire.  That’s the largest number of states to experience a natural decrease in the white population in American history.   (“Aging white population speeding diversity,” The Hill, 12/2))

Governments Fail To Protect Citizens Against Muslim Invaders

“Some scandals are so massive that they’re simply hard to believe.  As many as one million white English children may have been the victims of Muslim rape gangs, better known as grooming gangs, in towns up and down Great Britain.

Policy analyst George Igler says, “When you encounter an issue that is just so unbelievable, just so outside your frame of reference and understanding, the immediate human reaction is just  to not believe it at all.”

Perhaps even harder to believe is that while there have been prosecutions, the British government has still not stopped this criminal activity.

Easy Targets

Former Home Secretary and parliament member Jack Straw once said, “There’s a particular problem involving Pakistani heritage men who target young, vulnerable, white English girls.”  He also said these Pakistani heritage men view white English girls as “easy meat.”

This is when some shout ‘racism,’ but here are the facts:  calculations based on convictions show that a British Muslim male is 170 times more likely to be a part of a sex grooming gang than a non-Muslim.  And there are no recorded instances of non-Muslims doing this to Muslim girls as part of a criminal enterprise.  In one local jurisdiction, it was estimated that six out of seven Muslim males either knew about, or were part of, a grooming gang.

Igler says, “What you do not have is any example of non-Muslim men targeting Muslim girls for this organized form of abuse.  So, the argument that this crime exists everywhere is not only false, but is being deliberately cultivated by the media and by the government inquiry that is kicking the can down the road.”   (CBN)

 

 

FINANCIAL CHAOS AROUND THE WORLD

Euro crisis

Wednesday was quite a day on financial markets around the globe.

China’s stock market continued to lose considerable value, down about a third in three weeks.   Uncertainty over the future of Greece within the euro rocked European stock exchanges. And a technical glitch caused problems on the New York Stork Exchange, the world’s biggest.

The latter was resolved before the closing bell.   Greece should be resolved by the weekend.   China, the number two economic power, poses the greatest threat to the world’s economy.   There are increasing fears that the Chinese stock markets are one big giant ponzi scheme, with nothing tangible to support them.

Late Thursday Greece handed over proposals to its European partners that will, hopefully, end the crisis affecting the beleaguered country.

Greece was a member of the euro from the very beginning, using the new European banknotes and coinage from day one on January 1st, 2002.   Today, the euro is used by nineteen European countries. Euro notes are used daily by more people than the US dollar.  The two currencies are the two most important currencies in the world and are used as payment for most international trading.

When Greece joined the euro, it was suddenly able to borrow vast amounts of money, which it did. It was not all used wisely.   Following the crash of 2008, the country soon found itself unable to repay its loans. The dream currency had become a nightmare for the Greek people. Austerity was forced on the country by European bankers, making life very difficult for the average citizen.   Austerity led the country into a downward spiral, which has recently been speeding up.

In January, the left-wing Syriza party won the election, promising an end to austerity.    However, European bankers, anxious to get their money back, want to impose greater austerity as a condition for offering Greece more help.   Without help, Greece will not be able to stay in the euro.

Without a doubt, Greek governments have been reckless.   Government employees can retire at 48 on generous pensions. Corruption is rife, as also is tax avoidance.

Germany is owed 68 billion euros by Greece, France 65 billion (add 10% to get the US dollar equivalent).   Other countries have loaned lesser amounts.   Total Greek debt amounts to 323 billion euros.   Greece is asking for a further bailout of 53.5 billion.

Although there is much talk of the Greek crisis, in a sense this is not about Greece, so much as Germany.   Germany’s conservative government is taking a hard line, refusing to cancel debt or extend further loans.   The Germans want their money back, on time.   Germany’s stance is setting a precedent that will no doubt be repeated if any other country in the eurozone gets into trouble.   Many have pointed out that when Germany was suffering economically after World War II, European finance ministers, including the Greek finance minister, generously cut Germany’s debt by 50%.   If Germany would reciprocate now, Greece would be fine.

The Greek people voted in a referendum a few days ago, rejecting the austerity demands placed on them by Germany and others. However, they still want to remain in the eurozone, which is an apparent contradiction.   If they leave the eurozone, they could restore their former currency, the drachma, but this would cut them off from many of the benefits of the eurozone.   Business loans and mortgages in euros would have to be paid back in ever depreciating drachmas, leading to many foreclosures.  Importers would have to pay upfront in euros, which may be hard to get if Greece leaves the eurozone.

Nobody wants a “Grexit” (a Greek exit from the euro), but it may not be possible to avoid it if the Greeks are unwilling to make the necessary structural changes to keep them in the euro.

This crisis is not the only crisis facing Europe at this time.   The continent is having to work through a number of challenges all at once.

The migrant crisis is the second biggest issue confronting the European Union.   So many people are fleeing from the Middle East and Africa into Europe that social cohesion is becoming a serious issue.   One consequence of this massive movement of people is the rise of right-wing parties opposed to immigration.

Ukraine is a third challenge for Europe.   Russia’s invasion of parts of Ukraine threatens the peace of Europe.

The possibility of Britain leaving the EU comes in at number four.

There’s even a fifth challenge, and that’s the relationship between European countries and the United States.   France and Germany are both upset over the American NSA spying on them and their leaders, even though it’s quite likely they are doing the same to America.

Depending on how each of these issues is resolved, Europe could be very different in the near future.

GERMANY’S GROWING DIPLOMATIC CLOUT

Merkel Putin Hollande

Germany’s Chancellor, Angela Merkel, is in Washington today to discuss the Ukrainian situation with President Obama.   Just three days ago, she was in Moscow with French President Francois Hollande to put forward suggestions for peace with Russian President Vladimir Putin.   The previous day the two leaders were in Kiev for discussions with the Ukrainian president.

The American Administration and members of Congress have been talking about sending more arms to the Ukrainian government to help it defeat Russian-speaking rebels in the east of the country. Although Russia denies it, it’s fairly certain that Russian troops are actively helping the rebels.   Germany and France are concerned to avoid an escalation of the conflict.   The French president warned of the prospect of “total war.”

Interestingly, the US was not present at the meetings in Kiev and Moscow.   Now, Mrs. Merkel is visiting Washington to update the US president on the discussions, which have been described as the last hope for a peaceful resolution of the situation.   It is clear that there are differences between the US and Europe on this issue.   How great a rift remains to be seen.

President Putin has until Wednesday to decide on the proposed peace deal.

Meanwhile, discussions continue between Germany and Greece following the Greek election.   The new, governing, Syriza party is not only refusing to repay loans made to the country, it is even undoing what the previous government tried to do to restore the country’s economic health.   The new prime minister is promising to restore thousands of jobs to civil servants who were previously laid off in order to balance the budget.   With Greece pursuing a reckless course, it’s difficult to see how the country can remain within the eurozone.

The prime minister seems set on a deliberate confrontational course, even demanding German reparations for invading Greece in World War II.   On a visit to Germany, he even threatened the country with the specter of a revival of Nazism in Greece if the country is pushed too far, reminding the Germans that they know all about that.

So, at a time when European unity is threatened, total war is also a serious possibility.   Germany is clearly in the driving seat at a challenging time for the continent of Europe.

REPUBLICS DIVIDED

democrat-and-republican-symbols-of-a-donkey-and-elephant-facing-off

The Royalist Party of America (yes, there is one) is on to something.

They want the United States of America to rejoin the Commonwealth and recognize Queen Elizabeth as Head of State.  Something like Canada.  Canada is a democracy but its Head of State is not elected.  The Queen is a unifying figure above politics.

But that’s not what they are on to.

If you look at their Face Book page, you will see that they are worried about the state of this republic.  They point out that, historically, republics do not last very long.  Eventually, republics become terribly divided between two factions.  Using an analogy with marriage, eventually the two sides exhibit “irreconcilable differences” and divorce is inevitable.  When that happens, democracy is in danger and dictatorship looms.

Witness Rome 2,000 years ago; more recently, the Weimar Republic in the 1920’s.  Or any African republic in the last 50 years.

(For clarity, it should be pointed out that, outside of the United States, a republic is simply a country with a president rather than a king.)

The United States is very divided between what you might call the traditionalists and those who wish to take the country on a different, more secular, path.  In other words, Republicans and Democrats.

But it’s not just America.

Ukraine is a republic that seems on the verge of civil war.  Again, there are two factions.

Roughly half the country wants to strengthen ties with Russia, the country that ruled them for two centuries.  The Russians, led by Vladimir Putin, are certainly in favor of this, willing to spend billions propping up the Ukrainian economy.  There’s a sentimental attachment with Ukraine, as Russia owes its origins to the Kievan Rus who embraced Christianity in the latter years of the tenth century.

But the people in the western half of the country want links with the European Union, which has done so much to develop other former communist countries and to strengthen their democratic institutions.  Russian democracy is an oxymoron.

The latter have been demonstrating for over two months now.  The pro-Russian police force has been too heavy handed, killing some protesters, Russian style.

In a sense, this is part of the ongoing historical struggle between Germany and Russia.

The two countries have fought over Ukraine a number of times in the last hundred years, notably in both world wars.  This time, they are not using tanks or planes.  The battle this time is economic.  The EU is the world’s biggest trading bloc and can offer Ukraine a great deal.  It’s also a champion of human rights and basic freedoms, which new members are required to embrace.  This is in stark contrast to Russia’s shortcomings in these areas.

It’s going to be interesting to see the outcome of this struggle.

France is another republic in danger of falling apart, rather like the new president’s marriage (or, rather, non-marriage as the couple never actually tied the knot).

News sources have revealed that France is the latest subject of concern for the British and German leaders, who are concerned the Fifth Republic may collapse.  As this is the “fifth” Republic, it should be remembered that the country has tried a number of different constitutions since the overthrow of the ancien regime in 1789.  Not only have they tried five republics, there were brief periods of monarchy, dictatorship and foreign control in between.  France has, arguably, been the most unstable country in western Europe during the last two centuries.

President Hollande is not helping, with economic policies that are only making austerity worse.  A 75% tax on the wealthy is only going to drive money away (easy when France shares the euro with all its neighbors!).  Other socialist measures will also make things worse but Hollande is a socialist and has to answer to pressure from his support base, so change is not likely.  Without change, collapse is increasingly likely.  Germany may have bailed out Greece and other smaller members of the eurozone, but cannot bail out France, the fifth biggest economy in the world.

And, if France falls, chaos in Africa will only increase.

Last year, M. Hollande, to his credit, sent French troops into two African republics, both violently divided between Muslims and Christians.  The two nations, Mali and Central African Republic, are both former French colonies.  While things have stabilized for now, a French withdrawal could easily lead to fighting flaring up again.  Terrible acts of depravity have taken place, including cannibalism.  France’s colonial role was often described as a “mission to civilize” – hopefully they can restore a veneer of civilization to these two nations whose people have suffered so much.

Sadly, France’s military missions cost money, which only exacerbates the problems at home.  Reuters reported today that Germany wants to help support France’s military missions in Africa.  In contrast to the 1920’s, Germany today seems a model republic – the two main parties of left and right are cooperating and have formed a coalition government.  It’s hard to imagine such a development in the United States.

Back to the new Royalist Party of America.  Their Face Book page quotes from “Democracy Watch,” an international organization that monitors developments around the world.  A recent report showed that the seven most democratic countries in the world are all constitutional monarchies, including Canada, Australia, and Norway.

The Economist magazine has long described the US as a “corporate democracy,” with a government that is unduly influenced by corporations and where the people have little or no say.  It hasn’t always been that way but it has become so.

That’s certainly something to think about.

But lest those in the constitutional monarchies get too smug, it is clear that they also have their divisions.  And, if the American republic falls, it’s unlikely they would survive!