Tag Archives: war

Saudi Arabia spend 10,4% of its GDP on military

The U.S deficit has declined nearly 20% since the same period last year. Over the last 12 months, a surplus brought the budget down to $431 billion. The surplus in June was reported to come in at $52 billion, which is the lowest in seven years.

This is a big surprise for many but many things have changed. The economic outlook is better. Revenues is higher and the dollar is still climbing higher. The budget could have been much more different if the US spent less on military spending. But, no way. Always money for war but not for peace and people.

Security is important, but not at the expense of all else. It seems like a $391 Billion F-35 jet boondoggle (2,457 planes) is more important than education and healthcare (it is the most expensive weapons system in world history). Pentagon will spend more than $1 trillion on its JSF program, according to Government Accountability Office. Is it worth it?

China will pretty soon spend more on R&D than USA and Europe combined!

President Barrack Obama has earlier said that the military spending should rise for defense. The military spending has never been higher than it is today. We know from history that the more USA is spending, the more will other countries follow them and spend even more on bombs and weapons.

Let`s take a look at the history. President Bush Sr and President Clinton made huge cuts in military spending between 1992 and 1994. Reagan spent $565,0 billion in 1982 – 1989. It dropped down to $513,4 billion per year under Bush Sr in 1990 – 1993.

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It dropped even more under Clinton from 1994 – 2001. The military spending under Clinton declined to $418,0 billion per year. That`s lower than Carter`s spending in 1978 – 1981, at $428,1 billion per year.

Then something happened.

The military spending skyrocketed. Up more than 50%! Bush Jr spent $634,9 billion per year from 2002 – 2009. Obama`s budget is $610,0 billion per year (2010 – 2015), and he wants to rise the numbers. All numbers are inflation-adjusted, and do not include spending on CIA, VA, Homeland Security, Energy, Justice, interest payments on past military spending or State Departments.

It seems like the more countries around the world spend on the military, the more chaos, violence and instability we get, and no one spend more money on defence than USA. The United States military receives more funding that the rest of the ten largest militaries in the world combined.

The highest military spending in 2014 is accounted for USA at the top with $610,0 billion, which is 182% more than China at $216 billion. Russia; only $84,5 billion, followed by Saudi Arabia at $80,8 and France; $62,3 billion.

 

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For example; China spend four times more on military spending now than 15 years ago. Their economy is also growing rapidly. The bigger the economy is, the bigger the military budget measured in money is. USA is at the top because it is the worlds largest economy, despite the fact that China have four times as much people.

USA spend 3,5% of its GDP on military spending. That doesn`t mean they are the country in this world to spend most of their money on military, because (belive it or not) no one spend more money on military than Saudi Arabia (measured by a % of GDP).

Saudi Arabi spend 10,4% of its GDP on military.

 

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They are now on top of that list, replacing India which is now number four. Saudi Arabia is the world`s largest importer of defense equipment, and between 2013 and 2014, Saudi Arabia`s arms import increased over 50%.

United Arab Emirates and Saudi Arabia imported more on defense imports than Western Europe combined.

United Kingdom are spending more on military than ever before. India is number two on the list, followed by China. India imported $5,57 billion on military hardware. China; $2,6 billion. New report reveals that Russia has now doubled its spending from last years 4,5% of GDP. Keep in mind that most of the European countries spend about 2% of their GDP to NATO. You can imagine how powerful the USA/NATO alliance is? The vision is to protect alliance-countries, not attack other countries.

The flow of weapons shows few signs of slowing down.

Military forces are destructive. Guns and bombs are designed to hurt people and destroy things. Countries spend money on bombs and guns because they want to defend themselves against other aggressive nations. The more use of forces and deaths and destruction, the more resistance and widespread instability in the world we will see. So, what is the point?

«We kill people who kill people because killing people is wrong». What strategy is that?

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I heard Yo Dwarg once said: «I heard you throw bombs on people who throw bombs at you because you are throwing bombs at them so they will stop throwing bombs at you. Just wanted to ask how it`s working so far». Let`s face it: War is stupid. A lose-lose strategy. No winners. Or…….

War can be very profitable for someone. General Dynamics are the largest U.S producers of bombs and ammunition, so war in Iraq, Libya, Afghanistan and Syria is very profitable for them. It`s also very profitable for banks.

Ordinary people have never in history asked for a war, and they are among the biggest losers. Millions of soldiers and innocent civilians lose their lives and countries will be set back decades by destroyed infrastructures.

I have never in my life heard about a referendum for war? Why not give it a try?

Some people in this world have fostered dangerous illusions about the very nature of military forces by justifying a destructive war machine that is designed to threaten or attack about anybody anywhere in combination of neocon and humanitarian interventionist ideology.

The humanitarian interventionists appealed to Americans desire to be a force for good in the world. Some powerful people have sold the idea that the world must be dominated by US military power if they want to preserve their way of life.

Diplomacy and peacemaking between U.S and USSR led to a 33% fall in global military spending in the 1990`s.

A commitment to peace and disarmament today will set this planet on a more peaceful course.

 

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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. UA-63539824-1.

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200 years since the battle of Waterloo

People in Europe has hated each other in thousands of years. Today, it is 200 years since the battle of Waterloo. The date was Sunday, 18 June, 1815. Some people say this was the early start of NATO, because allied forces at this time was British, Scottish, Flemish, Irish, Welsh, Walloon, German, Belgium and Dutch soldiers.

After 1815, the norm for the British arms has been coalitions. From Crimea in the 1850`s to the World War I and II, and wars on Iraq, Libya and Afghanistan.

«It`s a historical distortion: Britain could not defeat Napoleon without the aid of continental partners,» Charles Esdaile, a military historian at the University of Liverpool said.

 

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(Picture: Clèment-Auguste Andrieux’s 1852 The Battle of Waterloo)

 

They all thwarted the attempts of European domination by the French general and emperor, Napoleon Bonaparte. The battle in Waterloo was the start of the end of the Napoleonic Wars, which started in 1803 and ended in 1815. 5 million people were killed.

Napoleon`s army consisted of around 69,000 men; 48,000 infantry, 14,000 cavalry, and 7,000 artillery with 250 guns. Welligton`s troops consisted of 67,000 men; 50,000 infantry, 11,000 cavalry, and 6,000 artillery with 150 guns.

The author of Les Miserables, Victor Hugo, said the battle in Waterloo wasn`t a battle. He said: «Waterloo is not a battle; it is the changing face of the universe.»

Historians say Waterloo laid the groundwork for NATO and the United Nations, and only 36% of Welligton`s army were British. Winston Churchill mentioned «united nations» as the famous global organisation and it paved the way for the U.K to become a global power.

Prussia had 50,000 soldiers, and became a part of Germany later on.

French had long been the world`s superpower. Who knows that France have been one out of three to be the world`s superpower in 500 years? The Vienna Treaty started right after the battle of Waterloo, and the U.K got territorial possessions (South Africa, Trinidad and Sri Lanka).

The U.K used this base to control its vast colonial empire.

Britain didn`t have much competition until the U.S emerged as a superpower during the World War II. The demand for American products increased during the Napoleonic Wars, as the European industry was hit hard during the war and their demand for products declined.

The Anglo-American War in 1812 combined with the British and French blockades disrupted the trade, and the battle heralded an age of German nationalism, and later on to World War II. The Prussian state created nationalism which formed the new German Empire after 1870.

The nationalism escalated and led to the hyper-nationalism which again led to the Nazi Party and the Third Reich.

This formed the future of the European Union.

Napoleon wanted a single state in Europe and the battle in Waterloo was a battle between different ideologies. Napoleon wanted to control Europe. He wanted to establish a European empire under his dictatorship since 1804.

But the allies wanted something different. The Allies won over France and Napoleon`s concepts such as Napoleon`s French Revolutionary Empire and Holy Roman Empire before it.

But Napoleon is not the only one to try to take control over Europe, and we can see the same idea of a pan-European state today, which is exactly 200 years since the battle in Waterloo. Many people in Europe doesn`t like the idea and do not buy the new ideology.

The Congress of Vienna declared Napoleon an outlaw on 13 March, 1815. Four days later, the U.K, Russia, Austria and Prussia mobilised armies to defeat Napoleon.

Napoleon attacked the allies in the hope of destroying them before they could join in a coordinated invasion of France with other members of the coalition. Napoleon was defeated after a few hours, and the coalition forces entered France and restored King Louis XVIII to the French throne.

Napoleon abdicated, eventually surrendering to Captain Maitland of HMS Bellerophon, part of the British blockade, and was exiled to Saint Helena where he died in 1821.

About 100 years later (1920), Adolf Hitler came to the power in the German Nazi Party.

 


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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. UA-63539824-1.

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Armenian Genocide 1915

Today, it is 100 years since the Armenian Genocide in April 1915.

The Ottoman Empire forced Armenian civilians out of their country, marching them to prison camps and murdered as much as 1,5 million people. Christian Armenian men, woman and kids were killed, but Turkey and the United States still does not officially recognize the tragedy as a genocide.

What in the world is going on here?

 

Armenian_AmbassadorMorgenthautelegram

(A telegram sent by Ambassador Henry Morgenthau, Sr, to the State Department on 16 July 1915 describes the massacres as a “campaign of race extermination”.)

 

The Armenian Genocide is also known as Armenian Holocaust, the Armenian massacres and, traditionally by Armenians, as Medz Yeghern («Great Crime»). The Ottoman Empire started the Genocide on 24 April 1915, arrested and executed some 250 Armenian intellectuals and community leaders in Constantinople.

The genocide was carried out during and after World War I and implemented in two phrases; the wholesale killing of the able-bodied male population through massacre and subjection of army conscripts to forced, followed by the deportation of woman, children, the elderly and infirm on death marches leading to the Syrian desert.

Driven forward by military escorts, the deportees were deprived of food and water and subjected to periodic robbery, rape, and massacre.

Raphael Lemkin was explicitly moved by the Armenian annihilation to coin the word genocide in 1943 and 1944 and define systematic and premeditated exterminations within legal parameters.

The Armenian Genocide is acknowledged to have been one of the first modern genocides.

It is because scholars point to the organized manner in which the killings were carried out in order to eliminate the Armenians, and it is the seconds most-studied case of genocide after the Holocaust. To date, 23 countries have officially recognized the mass killings as genocide.

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(Of this photo, the United States ambassador wrote, “Scenes like this were common all over the Armenian provinces, in the spring and summer months of 1915. Death in its several forms—massacre, starvation, exhaustion—destroyed the larger part of the refugees. The Turkish policy was that of extermination under the guise of deportation)”

 

Pope Francis spoke at the Vatican a few days ago to mark the centenary of the slaughter, and said it is «widely considered the first genocide of the 20th century». A quote from Pope John Paul II, who said some of the same words in 2001, but Pope Francis said more;

Equating the destruction of the Armenians to the Nazi Holocaust and the Soviet bloodbath under Stalin. But that`s not all. He also linked the genocidal Ottoman assault on Armenia, the World`s oldest Christian nation, with the epidemic of violence against Christians today, especially by such radical Islamist terror groups as ISIS, Boko Haram, and Al Shabab.

Turkey reacted angrily.

The Turkish foreign minister denounced the pope for fueling «hatred and animosity» with his «unfounded allegations.» The Turkish government denied, and to this day, the use of the word «genocide» to describe the killing of the Armenian is a criminal offence in Turkey.

Some Turkish authorities claim it is an international conspiracy against them. Someone who look like friends, but want to kill them. The Turkish Prime Minister claim that the Pope are joining a conspiracy of an evil front against Turkey.

Tayyip Erdogan blocked Twitter and Facebook last year. Turkey is one of the strictest internet censors in the world. Erdogan said the social media is the worst menace to society.

Hundreds of eyewitnesses, including the neutral United States and the Ottoman Empire’s own allies, Germany and Austria-Hungary, recorded and documented numerous acts of state-sponsored massacres.

Photographs exist that may suggest the Germans participated in the mass killing. One photograph shows two unidentified German army officers standing amidst human remains. The discovery of this photograph prompted English journalist Robert Fisk to draw a direct line from the Armenian Genocide to the Holocaust.

The powerful Ottoman interior minister during World War I, certainly didn`t disguise his objective. «The Government… has decided to destroy completely all the indicated (Armenians) persons living in Turkey,» he brusquely reminded officials in Aleppo in a September 1915 dispatch. «An end must be put to their existence… and no regard must be paid to either age or sex, or to conscientious scruples.»

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(Mehmed Serif Pasha was a prominent member of the Young Turk government who, in a New York Times article dated 10 October 1915, condemned the massacres and declared that the Armenians were being “annihilated” due to CUP’s policies).

 

Eitan Belkind was a Nili member who infiltrated the Ottoman army as an official. He was assigned to the headquarters of kamal Pasha. He claims to have witnessed the burning of 5,000 Armenians. Lt. Hasan Maruf of the Ottoman army describes how a population of a village were taken all together and then burned. Vahakn Dadrian wrote that 80,000 Armenians in 90 villages across the Mus plain were burned in «stables and haylofts».

Trabzon was the main city in Trabzon province; Oscar S. Heizer, the American consul at Trabzon, reported: “This plan did not suit Nail Bey… Many of the children were loaded into boats and taken out to sea and thrown overboard”. (This exactly whats going on in Libya today).

Dr. Ziya Fuad and Dr. Adnan, public health services director of Trabzon, submitted affidavits reporting cases in which two school buildings were used to organize children and send them to the mezzanine to kill them with toxic gas equipment.

Jeremy Hugh Baron writes: “Individual doctors were directly involved in the massacres, having poisoned infants, killed children and issued false certificates of death from natural causes.

About 2 million Armenian lived in the country in 1914 (before the genocide started). By 1918, 10 percent was left. Many was killed while others fled for their lives. The percentage of non-Muslims in Turkey fell from 19 percent in 1914 to 2,5 percent in 1927. Less than 0,2 percent is non-Muslims in Turkey at the moment.

Turkey is now a secular state with no official state religion. Islam is the dominant religion of Turkey with 99,8 percent of the population being registered as Muslim. That`s more than Iran at 99,4 percent.

The Armenians were not only victims of genocide, but also of jihad. The jihadists of 1915 murdered «bishops, priests, religious men and woman, the elderly and defenseless children and the infirm.

Eyewitnesses want to remind us that the jihadist savagery of ISIS and Al Qaeda is not an innovation.

 

 


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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.

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Black Gold is up on Iraqi war

Brent traded at its highest level since September as militants in Iraq seized more territory and President Barrack Obama warned that the crises may spill over into other countries. Fighters from the Islamic State in Iraq and the Levant took control of Iraq`s border crossing with Jordan and Syria.

Black gold

Iraq pumped 3,3 million barrels a day last month. Saudi Arabia is the largest producer in the 12-member Organization of Petroleum Exporting Countries. U.S Secretary of State John Kerry arrived in Baghdad to try to get political leaders to set aside sectarian divisions and confront the growing threat.

John Kerry will spend the day meeting with Prime Minister Nouri al-Maliki, as well as ministers and party leaders. But why do the U.S and John Kerry spend so much time and money on this case? Kerry said at a press conference that they want a government in Baghdad «that is prepared to represent all of the people of Iraq, that is prepared to be inclusive and share power».

The U.S didn`t invade Iraq to stop and evil tyrant and spread democracy. There were no weapons of mass destructions, and all of the terrorists that had been in Afghanistan fled to Pakistan. Not Iraq. The U.S went to Iraq for oil.

Back then, the U.S oil production was falling, but now it is rising. From 1970 to 2008, oil production fell from 9,6 million barrels per day to just 5 million barrels per day. Michael Simmons cast doubt on the actual size of Saudi Arabia`s reserves in his book from 2005, so it was not only the U.S either. M. King Hubbard`s «Peak oil» theory and breakneck emerging market growth, explain even more what happened in Iraq.

Vice President Dick Cheney had previously been the CEO of Halliburton, and made about $40 billion from the Iraq war. All this makes it hard to belive that the U.S was not in Iraq for the oil. But, did the U.S get all the oil? Nope.

Iraq is the second largest producer in OPEC and the country`s oil production hit 3,25 million barrels per day last year. A level not seen since before 1990, but the U.S oil imports from Iraq are actually down.

The U.S imported 725,000 barrels per day from Iraq in 1999, but now it is only 340,000 barrels a day. So, if Iraq is producing more oil than it has in decades, where is all the oil going? The oil is going to China.

China`s crude imports from Iraq increased by 31% year-over-year to about 600,000 barrels per day in the first four months of 2014, and that`s twice as much as the U.S import from Iraq. Up from almost nothing a decade ago.

Iraq`s oil production is expected to reach 8 million barrels by 2035, and that`s not all: they forecast that 80% of Iraqi production would go to China. Some investors say that Baghdad to Beijing is the new Silk Road of the global oil trade.

China National Petroleum Corp (CNPC) has invested $4 billion in the Iraqi oil industry. They produced 299 million barrels from the country last year. Almost one-third of its overseas output. PetroChina and Sinopec have invested billions of dollars in Iraq as well, acquiring stakes in some of the country`s largest oil fields. So, why do the U.S and John Kerry spend so much time and money to try to stabilize Iraq?
The U.S came uninvited and the American people don`t want to be there, nor do the Iraqi people want the American people to be there. The U.S has sacrificed much so far; 4,500 dead American soldiers and about 120,000 dead Iraqi civilians. About $800 billion in upfront costs, with additional $1 trillion in military pensions, disability payments and debt service. Is it worth it?

Saddam could have stopped the mess in Iraq, but he is dead. The U.S killed him. Now, the Sunnis, the Shiite, and the Kurds can do it all alone. There is nothing America can do to bring two warring Islamic factions together or redeem its credibility. If someone should spend time and money on this mess, it should be China.

Reports today:
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Stocks rebound

We are in a positive territory again. Stocks up and commodities down. Gold is down -0,81% to 1,339,30. Copper is down -0,41 to 317,45. Crude Oil (Brent) is down -1,27% to 109,79. But Silver is up +0,17 to 21,27.

 

What Putin and Russia did was expensive to Russia. The Russian stock exchange (MICEX) plummeted after Putin declared the right to invade Ukraine. MICEX fell $58,4 bln from friday to monday, but are trading up again today.

 

The cost of the Winter Olympic games was $51 billion, held in the southern city of Sochi. In other words; the decision to invade Ukraine was more expensive for Russia than the whole Winter Olympic games.

 

Now, Russian President Vladimir Putin has ordered troops to turn back to the base and stop all military exercises. That is music in the investors ears, wich is now less nervous and the stock market is turning up again.

 

CAC 40 is up +1,34%. FTSE 100 is up 1,08%. DAX is up 1,03% and FTSE MIB is up +1,71%. Warren Buffet say war is a buying opportunity, because money in it self will lose value. Other investors say commodities like gold is a safe-heaven bet.

 

Tesla (TSLA) don`t care about wars. Trading up +2,13% yesterday and seems to continue up today. Tesla is up +619,3% (1 YR). So far in 2014, Tesla is up 70,1%. What a great company. It seems like the new safe-heaven is Tesla!

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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.

 

 

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