Tag Archives: America

McDonald`s new name is Vkusno & Tochka

Historians do not fully agree on the starting and end of the «cold war», but the period is generally considered to span from the announcement of the Truman Doctrine on 12 March 1947 to the dissolution of the Soviet Union on 26 December 1991.

At the end of the cold war, corporations rushed into Russia and opened their businesses, and one of them was McDonald`s. They opened their first restaurant in Pushkin Square in Moscow on January 31, 1990. The same day they opened, thousands were lined up to try the new tasty burgers. And that ladies and gentlemen were synonymous with Capitalism, and its arrival symbolized Soviet Union`s impending demise. On May 16, 2022, McDonald`s announced that it was leaving Russia.

Photo by Rajesh TP on Pexels.com

Now, McDonald`s is selling all of its 850 restaurants in Russia after Vladimir Putin invaded Ukraine. After 80 years of socialism, people in Russia rushed to McDonald`s and the American culture. The new Western way of eating. But now people in Russia rush to the new Russian burgers at the new Russian fast-food chain called Vkusno & Tochka, which means «tasty and that`s it».

Founded by businessman Alexander Govor, who acquired all the restaurants for an undisclosed sum. But he said he paid «far lower than market price.» Govor has been a McDonald`s franchisee since 2015 when he agreed to open 20 restaurants through his business GiD LLC.

Govor also made a lot of money in mining and oil refining in Siberia. He made his wealth in the coal business as co-owner of the coal mining company Yuzhkuzbassugol, in his hometown of Novokuznetsk. He bought the mine together with Evraz during liberalization in the 1990s under President Boris Yeltsin.

Evraz bought out Govor from the company, and one of the owners is Russian billionaire Roman Abramovich (Chelsea FC).

When McDonald`s opened their first restaurant in Russia, it had this slogan: «If you can`t go to America, come to McDonald`s in Moscow.» That slogan is over and out, and in comes Vkusno & Tochka`s new slogan; «The name changes – love stays».

Most of the things in the restaurants are similar to McDonald`s. The same quality, and taste. The same equipment and the same double cheeseburgers. The difference is that most of the money goes to Russia. Not America anymore.

Many people in Russia wanted to take part in the opening of the new fast-food chain, and the rebranding marked a new era in Russia on Sunday last week. The last big mac has finally left Russia.

Govor will pay about 60,000 Russian McDonald`s employees for the next two years, according to the agreement with McDonald`s. In the same agreement, he also agreed to pay suppliers and landlords.

Govor`s company will invest 7 billion rubles ($125 million) into the new business in 2022.

By the way: McDonald`s has the right to buy back its restaurants within 15 years, but «they made it clear to me that they would not buy back», Govor said. Really?

The S&P 500 plummeted -by 3,88% on Monday, but shares of Mcdonald’s outperformed the market, jumped +0,39% and closed «only» $32 below its 52-week high at $271,15.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Leave a comment

Filed under Stocks

If the US continues to go down the wrong path, there will be irretrievable consequences for the China-US relations and the US will have to pay an unbearable price

The Russia-Ukraine conflict is very similar to the Chinese-Taiwan conflict. NATO and the EU in Ukraine are a big threat to Russia. The same can be said about Taiwan. NATO in Taiwan will be a threat to China. So, this is the next big problem for the United States.

The tension is rising, and China is building up its military bases and have 14 warplanes in Taiwan`s air-defense zone.

President Biden said yesterday in a speech in Tokyo that he vows to intervene militarily if China invades Taiwan. «We have a commitment to do that,» Biden said. But that is not an official U.S policy. Is Biden trying to change U.S policy?

Photo by u674eu6602u8ed2 on Pexels.com

The U.S officials walked back Biden`s comments quite quickly and said this after his speech: «As the President said, our policy has not changed. He reiterated our One China policy and our commitment to peace and stability across the Taiwan Strait. He also reiterated our commitment under the Taiwan Relations Act to provide Taiwan with the military means to defend itself.»

The Taiwan Relations Act obligates the U.S to enable Taiwan to maintain a sufficient self-defense capability, and maintain the capacity of the U.S to resist any resort to force. But despite U.S weapons sales to Taiwan, the U.S has been ambiguous about whether it would intervene militarily, and the U.S acknowledges that all Chinese on both sides of the Taiwan Strait maintain that there is one China, and Taiwan is a part of China, as Biden reiterated yesterday.

In a speech in Japan yesterday, president Biden said; «We agree with the one-China policy. We have signed on to it and all the attendant agreements are made from there. But the idea that it can be taken by force, will dislocate the entire region and be another action similar to what happened in Ukraine. And so it`s a burden that is even stronger.»

China`s reaction to President Biden`s comments on Taiwan came very quickly: «China will take firm actions to safeguard its sovereignty and security interests. We mean what we say.»

What China wants is reunification. So, China is right now threatening Taiwan militarily.

The U.S policy dates back to December 15, 1978, when Jimmy Carter restored relations with Beijing and ended formal ties with Taipei (capital of Taiwan). Taiwan is a big chip-maker, and National Security Adviser Jake Sullivan said intense economic talks with Taiwan will take place in the weeks to come.

Chinese Foreign Ministry Spokesman, Wang Wenbin said this yesterday:

«The US has been racking its brains to play with words when it comes to the one-China principle. I want to remind the US side that no forces, the US included, can hold back the Chinese people’s endeavor to reunify the nation. Also, no forces, the US included, can change the fate of the “Taiwan independence” forces who are doomed to fail. 

Reneging on its promise on the Taiwan question, the US has obscured and hollowed out the one-China principle, and publicly or stealthily incited and endorsed “Taiwan independence” separatist activities. If the US continues to go down the wrong path, there will be irretrievable consequences for the China-US relations and the US will have to pay unbearable price.

Our stern warning to the US: There is but one China in the world, Taiwan is part of China’s territory and the government of the People’s Republic of China is the sole legal government representing the whole of China. This is a consensus of the international community and a commitment made by the US to China.

The one-China principle is unshakable, China’s sovereignty and territorial integrity cannot be violated and the red line of avoiding creating “two Chinas” and “one China, one Taiwan” must not be crossed. 

China has full confidence and capability and is fully prepared to firmly stem the “Taiwan independence” separatist activities, foil all external interference and resolutely uphold its sovereignty and territorial integrity. I’d like to advise the US to listen to a well-known Chinese song with these lyrics: “For our friends, we have fine wine. For jackals or wolves, we welcome with shotguns.”

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Leave a comment

Filed under Politics

6 million were killed in Ukraine and The Bolsheviks was responsible for the Holodomor

The conflict between Russia and Ukraine is a complex crisis, but the answer lies in history. Who knows that Kiyv once was more powerful than Moscow? It was also a time when Ukraine and America were adversaries.

Neanderthal settlement in Ukraine is also seen in the Moldova archaeological sites (43,000 – 45,000 BC) which includes a dwelling constructed from mammoth bones. The territory is also considered to be the likely location for the human domestication of the horse.

So, there is no doubt that Ukraine is something special. But what is it? Alexandr Solzhenitsyn criticized the Allies for not opening a new front against Nazi Germany in the west earlier in World War II. This resulted in Soviet domination and control of the nations of Eastern Europe.

Solzhenitsyn claimed the Western democracies apparently cared little about how many died in the East, as long as they could end the war quickly and painlessly for themselves in the West. In 1978, he called the United States «Dechristianized» and mired boorish consumerism. Wow, that`s a long time ago, and we have the same going on even today.

He also accused the Western news media of left-wing bias (Wow! Really?), of violating the privacy of celebrities, and of filling up the «immortal souls» of their readers with celebrity gossip and other «vain talk».

He also said that the West erred in thinking that the whole world should embrace this as a model. While faulting Soviet society for rejecting basic human rights and the rule of law, he also critiqued the West for being too legalistic.

«A society which is based on the letter of the law and never reaches any higher is taking very scarce advantage of the high level of human possibilities.»

Solzhenitsyn also argued that the West erred in «denying (Russian culture`s) autonomous character and therefore never understood it».

Solzhenitsyn was also critical of NATO`s eastward expansion towards Russia`s borders. In 2006, Solzhenitsyn accused NATO of trying to bring Russia under its control; he claimed this was visible because of its «ideological support for the «color revolutions» and the paradoxical forcing of North Atlantic interests on Central Asia».

(Worldwide media use the term color revolution to describe various protest movements and accompanying attempted or successful change of governments that took place in several countries such as former Soviet Union. Russia, China, and Vietnam share the view that color revolutions are the «product of machinations by the U.S and other Western powers» and pose a vital threat to their public and national security).

In a 2006 interview with Der Spiegel, he stated «This was especially painful in the case of Ukraine, a country whose closeness to Russia is defined by literally millions of family ties among our peoples, relatives living on different sides of the national border. At one fell stroke, these families could be torn apart by a new dividing line, the border of a military bloc.»

He gave a speech in Washington D.C, on 30 June 1975 in which he mentioned how the system created by the Bolsheviks in 1917 caused dozens of problems in the Soviet Union. He described how this system was responsible for the Holodomor.

It was a system that, in time of peace, artificially created a famine, causing 6 million people to die in Ukraine in 1932 and 1933. He added: «they died on the very edge of Europe. And Europe didn`t even notice it. The world didn`t even notice it! 6 million people»

In 2008, he said that, while the famine in Ukraine was both artificial and caused by the state, it was no different than the Russian famine of 1921. he expressed the belief that both famines were caused by the systematic armed robbery of the harvests from both Russian and Ukrainian peasants by Bolshevik units, which were under orders from the Politburo to bring back food for the starving urban population centers while refusing for ideological reasons to permit any private sale of food supplies in the cities or to give any payment to the peasants in return for the food that was seized.

Solzhenitsyn further alleged that the theory that the Holodomor was a genocide that only victimized the Ukrainian people was created decades later by believers in an anti-Russian form of extreme Ukrainian nationalism.

He also cautioned that the ultranationalist’s claims risked being accepted without question in the West due to widespread ignorance and misunderstanding thereof both Russian and Ukrainian history.

The Holodomor means; «to kill by starvation».

It is also known as the Terror-famine, or the Great Famine, which was a famine in Soviet Ukraine from 1932 to 1933 that killed millions of Ukrainians. The term Holodomor emphasizes the famine`s man-made and allegedly intentional aspects such as rejection of outside aid, confiscation of all household foodstuffs, and restriction of population movement.

As part of the wider Soviet famine which affected the major grain-producing areas of the country, millions of inhabitants of Ukraine, the majority of whom were ethnic Ukrainians, died of starvation in a peacetime catastrophe unprecedented in the history of Ukraine.

Since 2006, the Holodomor has been recognized by Ukraine and 15 other countries as a genocide of the Ukrainian people carried out by the Soviet government.

Whether the Holodomor was genocide is still the subject of academic debate, as are the causes of the famine and intentionality of the deaths. Some scholars believe that the famine was planned by Joseph Stalin to eliminate a Ukrainian independence movement. Others suggest that the man-made famine was a consequence of Soviet industrialization.

According to Elazar Barkan, Elizabeth A. Cole, and Kai Stuve, there is a competition among victims in constructing a «Ukrainian Holocaust», stating that since the 1990`s Holodomor has been adopted by anti-communists due to its similarity to the Holocaust in an attempt to promote the narrative that the Soviet Communists killed 10 million Ukrainians, while the Nazis only killed 6 million Jews.

They stated that Holodomor was «introduced and popularized by the Ukrainian diaspora in North America before Ukraine became independent» and that «the term «Holocaust» is not explained at all.»

According to them, this has been used to create a «victimized national narrative» and «compete with the Jewish narrative in order to obscure the «dark sides» of Ukraine`s national history and to counter accusations that their fathers collaborated with the Germans.

Holodomor translated from Ukrainian means «death by hunger», «killing by hunger», «killing by starvation», or sometimes «murder by hunger or starvation.»

It is a compound of the Ukrainian holod, «hunger», and mor, «plague». The expression moryty holodom means «to inflict death by hunger.»

The Ukrainian verb moryty means «to poison, to drive to exhaustion, or to torment.» The perfective form of moryty is zamoity, «kill or drive to death by hunger, exhausting work.»

In English, the Holodomor has also been referred to as the artificial famine, famine-genocide, terror famine, and terror-genocide.

Holodomor is now an entry in the modern, two-volume dictionary of the Ukrainian language, published in 2004, described as «artificial by hunger, organized on a vast scale by a criminal regime against a country`s population.

On 24 February, EU leaders met at a special summit convened following Russia`s aggression against Ukraine. They agreed on further sanctions against Russia that target; the financial sector, the energy, and transport sectors, dual-use goods, export control and export financing, visa policy, and additional sanctions against Russian individuals.

Like Trudeau in Canada, the EU will freeze Russian assets and probably cut off SWIFT for now.

There is no doubt that ordinary innocent people will be attacked and suffer, and in the long run, we`re talking about starvation. Or «killing by starvation.» Is this Holodomor 2,0?

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Leave a comment

Filed under Politics

China`s digital currency dominance

China`s new digital currency e-yuan is a big threat to the US dollar. E-yuan is expected to give China`s government vast new tools to monitor both its economy and its people. This is not only about the CCP`s ability to control China`s economy but also about their increasing global power, and it`s long running battle with the US dollar.

China has long said they are in war on Bitcoin. What some people don`t like is that Bitcoin is decentralized, but China`s digital currency is controlled by the CCP. In other words; the CCP can see everything you are doing with it.

Nearly 90% of foreign-exchange transactions involve dollars and more than 60% of all global central-bank reserves are held in dollar-denominated assets, and that gives the US tremendous power. But China doesn`t like that at all.

Photo by David McBee on Pexels.com

This is obviously a US security issue, but it doesn`t look like the Biden administration care much about right now. But they should, and that very fast if you ask me. The US often use sanctions on other countries, but now China can use their digital currency as a weapon on the US.

The communist China are pushing the IMF to the SDR (special drawing rights) issue. The currency value of the SDR is determined by summing the values in U.S dollars, based on market exchange rates, of a basket of major currencies.

The IMF`s SDR, the international reserve asset created in 1969 to prepare for a new dollar crisis, is undergoing a renaissance, with important worldwide repercussions. The announcement of by far the largest-ever increase in SDR allocations, which will greatly improve the liquidity of many developing nations, signals alignment between the US and China in a key area of global monetary power.

The US now agrees with using the IMF`s balance sheet to boost world liquidity. They are planning to more than triple SDR allocations by at least $500bn. This reflects a change in US policy to back measures strongly advocated last year by China as well as leading European and African countries.

Rich nations with large reserves will distribute part of their plentiful SDR stocks to poor countries.

The massive increase in SDR reserves, which can be converted into its five constituents; the dollar (42%), euro (31%), renminbi (11%), yen (8%) and sterling (8%) will indirectly boosts the Chiniese currency`s international reserve role, according to OMFIF (Official Monetary and Financial Institutions Forum).

In 2009, the United Nations suggested a new SDR-based global reserve system, feasible non-inflationary, and easily implemented, including in ways which mitigate the difficulties caused by asymmetric adjustment between surplus and deficit countries.

That same year, Zhou Xiaochuan, governor of the People`s Bank of China, proposed that the SDR could become the pivotal internationall reserve currency, disconnected from individual nations, as the light in the tunnel for the reform of the international monetary system.

Is this how they`re gonna reset the international monetary system?

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Leave a comment

Filed under Crypto, Emerging markets, Politics

The system is rigged and The Idea of a meritocracy has turned out to be a “myth”

President Donald Trump was right; the system is rigged. Dozens of parents are spending in some cases between $200,000 and $6,5 million US to ensure their children could gain entry into some of America`s most competitive colleges.

More than 50 wealthy individuals were charged this week in purportedly the largest college admission scam ever in th U.S. The scam reveals the depths parents will allegedly go so their kids can have an upper hand and tout first-class higher education credentials.

Critics of the U.S college admissions system say it also exposes a rigged playing field for admissions and who gets left behind, according to Cbc.

The Justice Department said wealthy parents paid a consulting firm to falsify athletic credentials with Photoshopped pictures of their children playing competitive sports they never played.

They also paid for arrangements to have SAT test-takers pose as their children, fabricate medical conditions to allow their children extra time to take tests, and bribe administrators of college entrance exams to look the other way when it came to their children`s cheating.

The $25-million scheme «drives home the reality that the education system is stacked in favour of the rich. The Idea of a meritocracy has turned out to be a «myth,» with the SAT acting as a form of «affirmative action for rich white kids,» author Joseph Soares said.

I`m not shocked at all, The West have lost its greatness long time ago and this is just the tip of the iceberg. You can imagine how it is if your soccer team have low-skilled players. You will lose every battle. So is it for a country.

You will end up with bad politicians, weak business leaders and fake news. If the kids learn to cheat at the school it will be worse in real life. Nothing is worse than a rotten elite. Just take a look at the real life among the elite Trump is trying to fix now. Manaford is the latest but I guess it will be more.

Trump has done a lot of thing to make America great again and this is the latest case. Trump who is a business man. Not a politician. The same can be said about president Macron. He started his own political party in the middle because people in France was sick and tired of the establishment.

The establishment is France didnt even follow their own constitution. They probably didnt learn it at their elite school. How is it possible? Look at the situation with the Yellow Vest protesters in France. This has been going on not only for years but decades.

Meritocracy is an Academic discipline from Ancient Greek. Philosophers tried to build a system and a great democracy but look at it today. They are not following the rules.

Meritocracy is a political philosophy that holds that certain things, such as economic goods or power, should be vested in individuals on the basis of talent, effort, and achievement, rather than factors such as sexuality, race, gender, age, or wealth.

Advancement in such a system is based on performance, as measured through examination or demonstrated achievement. The Meritocracy is the society in which the gifted, the smart, the energetic, the ambitious and the ruthless are carefully sifted out and helped towards their destined position of dominance.

In the United States, the assassination of President James A. Garfield in 1881 prompted the replacement of the American Spoils System with a meritocracy. In 1883, the Pendleton Civil Service Reform Act was passed, stipulating government jobs should be awarded on the basis of merit through competitive exams, rather than ties to politicians ar political affiliation.

The concept has existed for centuries but the term «meritocracy» is relatively new. The earliest example of an administrative meritocracy, based on civil service examinations, dates back to Ancient China.

The concept originates, at least by the sixth century BC, when it was advocated by the Chinese philosopher Confucius, who «invented the notion that those who govern should do so because of merit, not of inherited status.

Ass the Qin and Han dynasties developed a meritocratic system in order to maintain power over a large, sprawling empire, it became necessary for the government to maintain a complex network of officials.

Prospective officials could come from a rural background and government positions were not restricted to the nobility. Rank was determined by merit, through the civil service examinations, and education became the key for social mobility.

One of the oldest examples of a merit-based civil service system existed in the imperial bureaucracy of China. Tracing back to 200 B.C, the Han Dynasty adopted Confucianism as the basis of its political philosophy and structure, which included the revolutionary idea of replacing nobility of blood with one virtue and honesty, and thereby calling for administrative appointments to be based solely on merits.

This system allowed anyone who passed an examination to become a government officer, a position that would bring wealth and honor to the whole family. In part due to Chinese influence, the first European civil service did not originate in Europe, but rather in India by the British-run East India Company.

Company managers hired and promoted employees based on competitive examinations in order to prevent corruption and favoritism.

Both Plato and Aristotle advocated meritocracy. Plato in his «The Republic,» arguing that the wisest should rule, and hence the rulers should be philosopher kings.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Leave a comment

Filed under Politics