Of All The Worlds... Hardly Brexit!

The Background To Today
  
A step towards "The best of all possible worlds" will be determined in the House of Parliament in Westminster, England on Tuesday 11th of December 2018 . The Members of Parliament (MPs), or the entire elected representative MPs of United Kingdom, vote on the 'Withdrawl Agreement' to date. Its importance is the direction of Europe; or at least as far it concerns Britain's membership within the construct of the cganging European Union - EU. 

The above quote in bold parenthese is by German Gottfried Leibniz about "the claim that the actual world is the best of all possible worlds is the central argument in Leibniz's theodicy, (or his attempt to solve the problem of evil)".

The people's referendum vote in 2016 was prounced by the media as significant and given a blended name "Brexit" (known as a portmanteau word) for "Britain Exit(s)".

Since that referendum and subsequent triggering of the formal Article 50 notification to leave the EU in March 2017, Parliament are now at a stage to vote on a framework for the transition period called the "Withdrawl Agreement". As negotiated by the incumbent Government: The Conservative Party lead by Prime Minister Theresa May. 

[STOP PRESS: Tomorrow's Parliamentary Vote Is Off]

The House of Commons Parliamentary vote on the draft Withdrawal Agreement was called off the day before. The reason cited was that the draft terms would have been rejected by the House, and thus delivering a humiliating defeat for the under-siege Goverment led by Mrs May. 

The formal notification via triggering Article 50 started the two-years countdown. In which to define UK's relationship with EU going forward as an non-member. Implying that Britain is supposed to leave the 28 member country union at the end of March 2019. Whatever version of Britain exiting the EU is delivered by the Government and the Parliament is still emphatically up-in-the-air!

Democracy Is Only An Illusion

The prescient message of this article is that democracy is only an illusion. The EU Referendum is the litmus-test case study for that assertion, as concerns the principals at Fund Portfolio Management - FPM. The principals actually collectively suggest "...Hardly Brexit!", as Britain's unresolved exit from the EU persists. FPM surmise that stalling and delay via Brexit process has two important ideological reasons:

Firstly, that the original 2016 people's referendum on the issue was a deliberate political mistake. Handing over a political decision on nationhood to its island-mentality citizens should could and would only have one outcome. Therefore, the entire political class know this unwitting act of democracy decided by former Conservative PM David Cameron, will probably lead to copy-cat requests in future political decisions. If it is not utterly quoshed and debased now as the historic example of democratic and Parliamentary failure. Thus potentially setting the scene for elimination of the political class entirely, as no longer fit for purpose. Which it CLEARLY IS by evidence of delivering Brexit.

So the British government and Parliament are complicit with all political classes in evidencing or showing #BrexitShambles or #BrexitChaos to demonstrate failure of democracy in complex decisions. 

Secondly, and more intuitively the EU is also party to this sham convoluted Brexit process. More often resulting in a "Punch and Judy" show on mainstrean media globally. The theatrics, more than likely intended to demonstrate the futility of other potential EU-member countries looking for the exit-doors again. A decoupling process with any political will on both sides, which could have been achieved quicker.

The Saga of Brexit

In June 2016 the British electorate were offered a referendum to vote on whether they wanted to be "IN" or "OUT" of the EU. After an acrimonious battle by campaigns representing both sides of the bi-option vote, the people (and therefore the country) voted to be "OUT" of the relatively new Union of countries, by a divisively narrow margin of the brave courageous and discontented fool-hardy 52% of voters. 

The United Kingdom nation that pioneered many innovations and wickedness through its British Empire and Industrial Revolution is agains the protagonist of the "Divide-And-Conquer" strategic policies. Not unlike the "Commonwealth countries gaining independence from being a Colony of the British Empire", Britain will NOT be a sub-state of the EU!

Another Powerful Iconic Image From "Leave" Propagandist (Source FPM and Bounce Agency)

Very Graphically Powerful Symbol of The Blended Word  (Source: Twitter)

 
The referendum vote was prounced by the media as significant and given a blended name "Brexit" (known as a portmanteau word) for Britain Exit(s).

Since that EU referendum and subsequent triggering of the formal Article 50 notification to leave the EU in March 2017, Parliament are now at a stage to vote on a framework for the transition period called the "Withdrawl Agreement", as negotiated by the incumbent Government of the Conservative Party. The House of Commons Parliamentary vote which was called off in the eleventh hour, or the day before. The formal notification via Article 50 started the two-years countdown to define UK's relationship with EU. Implying that Britain is supposed to leave from the now 28-member states union at the end of March 2019. 

Whatever version of Britain exiting the European Union is eventually and actually delivered by the Government and the Parliament it will be the best of all worlds. Only by evil conspiritorial design rather than by some probable chance act of public democracy in action. The repeated evidence of the narrative and discourse of a nation, as portrayed in media and the new social media, is very woefully narrow and limited, see below:

The Circus of Brexit: The Ringmaster	The Circus of Brexit: The 'Remoaner' Freak
The Circus of Brexit: The 'Remoaner' Nationalist	The Circus of Brexit:The 'Remoaner' Clowns

Powerful lobbyist forces are at war in the tug-of-nations between the eternal conflicts waged with propaganda to manipulate perceptions and manufacturing concensus of populations. As evidenced by the constant media hysteria and circus surrounding Brexit (only second to Donald Trump's distraction antics in the U.S.A).  Just incidentally and coincidently and most-probably relevantly, there was a B.B.C review / show about the circus-life and its characters featuring amazing acrobats to absurd freaks. Don't forget the cast of clowns peddled out for the circus show. All celebrating the first circus's 250th anniversary in 2018.



Decoupling of Britain from the EU
 
The larger grouping of nations via globalisation would in the main be subject to a singular vision of world policy via its repeated messages forming propagandist framed-narrative and disinformation for the subjected dazed and confused population to witness and discuss. Public house or 'pub' conversations have been contextually broader about the Brexit process and ideology than the tabloid and broad-sheet analysis of so-called 'newspapers' and mainstream political news commentary. The go-between of media and politics are influential lobby groups.
 
FPM wrote earlier that "the narrative and discourse of a nation, as portrayed in media and the new social media, is very woefully narrow and limited"; well here some new additional elements toward the voting behaviour not widely mentioned:

An FPM principal and Brexiteer voted to 'Leave' so as not to be "marginalised in wider-whiter Europe". Krishna of FPM, feels he has just made his way among the British citizenry through the ages, with recent introduction to new influx Europeans. Especially as a former Commonwealth country's citizen living in London, England for 40 years. 

Another perspective of "Remain" believer resident with family in UK pre-freemovement, had the opposite feeling, of wanting to be part of her ancestral continental Europe. She was part of the remain crowd not being legally British to vote in domestic national elections but of European birth. Many like her but British-born were able to vote. So which of these people were the emphatic-voting citizen to vote on 23 June 2016? Duh!

As alluded earlier about the 'singularity of vision', globalisation in its current manifestation is the greatest fear of any expansion of territorial alliances. Admittedly, globalisation in another manifestation can also bring hope. We would be fool-hardy and quixotic to believe establishment figures have anything in mind other than entitlement from the servititude of the much and many. In the economic-wisdom of contemporary Michael Hudson, this was and is known as "rentier capitalism" from the classical idea of economic rent. 

"Economic rent – the excess of price over this “real cost” – is unearned income. It is an overhead charge for access to land, minerals or other natural resources, bank credit or other basic needs that are monopolized." https://twitter.com/Kristian_FPM/status/10706622

FPM advice everyone, including so-called journalists politicians and economists to read his work via his website www.michael-hudson.com.


In this debate and contest about the future of British peoples, in relation to a regionalised grouping of nation states in the EU. Remember the latest incarnation of the EU - forever progressing towards federal Europe - until Brexit is completed, is 28-countries as of last member country Croatia joining on 1-July-2014. A construct originated from just six equally weighted countries in terms of  wealth and population in 1950s. Read the history of the EU and its spurious advocates here.

In this 'colonialism' by any other word like 'federalism', heading towards European regionalisation with ultimate globalisation in mind, the Balkans countries and such former Soviet-sphere satelite states will be culturally over-run with McDonalds, Lidl, "Friends" TV-show lifestyle, poor command of the English language as a second langauge or non-native tongue,

 Tomorrow sees.. prescient piece_Brexit and final version by design and less by accident. May had poisoned chalice taking over - 3 defeats only comparable to James Callaghan heralding Thatcher.
Propagandists at the behest of powerful globalists at work
Mainstream representation narratives (via headlines at least) have been poor viz Twitter; greater debates in pubs somewhat but framed by media so limited
Globalisation and marginalisation pro-Out unspoken reason
Just as the remainershave two good inclu. a lot of the Brits 2nd gen originate from Europe (while 1st gen brits with long residence unable to vote .i n national elections); and Labour ideals of solidarity among workers etc is nonsense or at least double-think as there are certainly Oligopolies and less competition (quote book by The Myth of Capitalism by hfdmgr name)
"michael hudson another world" in search engine resulted in a fictional characher ("Michael Hudson was a fictional character on the NBC daytime soap opera Another World"); using language to muddy the waters eg Ingmar Bergman was muddied by Ingrid Bergman to the non-film enthusiast.

The Rotten Financial System - ROT$

The Economics of Things Post-2008

Since the near melt-down of financial system in 2008, which warranted £4.3 trillion of taxpayer / public funds, little has changed in economic fundamentals. Fund Portfolio Management - FPM staffers collectively hoped for the catastrophe to morph into the reversal of neoliberal economic policies, which technically would mean taking control over the money supply.

In essence forward to now, and the global banks are again making above-normal profits at their pre-2008 levels and huge bonuses after paying some hundreds of billions in regulatory fines for their gross wilful sabotage of the economic and financial system. How were executive-level bankers fraudlent? Simply by making irresponsible loans that they were able to take-off their own books or have subsequent accountability for, by packaging and passing on to long-term savers. The corruption of the whole related entourage of businesses and regulatory authourities were vividly shown to be perfunctory and illusionnary, in substance. Shame!

Back then, the trust in the banking system, among bankers themselves, was lost as banks would NOT lend inter-bank, thus the overnight-lending which is lifeline of daily banking operations ceased / froze. (FPM ask whether this really potentially was crippling industry relying on credit lines for their daily operational cash-flows, as cited for using public bail-out funds?). The melt-down was averted by central banks, led by America's Federal Reserves flooding the banking systems with new capital. Printing money out of thin air is one the basic functions of a central bank as lender-of-last-resort.

This "Bernake Parachute" of money onto Wall Street banks practising casino-banking was in stark contrast to the infamous Great Depression of the  1930s, where a stock-market bubble was blown via wreckless margin-lending by banks / brokers. Hindsight reviews of that financial crash suggested that the Federal Reserve - FED did not act quickly to avert a domino effect collapse. So this time round Ben Bernake as central banker and prompted by US Treasury offcial decided and persuaded their elected politicians that they could raid the public coffers to again make solvent the private financial institutions which were bankrupt, which were floundering. Remember, this time round a credit buble had been blown with housing-stock as reference asset. In 1930, the reference asset fuelling the greed for get-rich-quick mania was stocks and shares.

By parachuting money onto Wall Street banks - as a prototype president for averting a severe financial crisis instigated by the FED and with other global central banks to follow - the policy makers DID NOT TAKE CONTROL OF MONEY SUPPLY. Central bankers did the opposite i.e loosening or expanding money supply through what the media euphemistically peddled as  "Quantitive Easing - QE" and numerous other acronyms for basically printing money - i.e. digital records. Control of money-supply meant assuring how much money in a system. Of increasing and decreasing according to the economic situation prevailing. 

This model of robber-baron banking has been around since the beginning of the 20th century (get and read free PDF about the clandestine creation of the FED as model of banking-monopoly in "The Creature From Jekyll Island"). FPM have been disillusioned to see same extractive exploitation of the public entering into the 21st century and the new Millennnium. The authourities, regulations, and legislative-laws that are supposed to act as checks and balances to protect the public are virtual and deliberately non-effective.

Fund Portfolio Management's mission is therefore to now earnestly educate, as opposed to indoctrination as dumb economics in schools, colleges and banks; but to promote the greater good for the public by provoking thought activism of the unfairness of the financial system. Related bretheren of the banking dynasties is the industrial military complex. As well as other industrial-cousins such as oil and gas, travel and transport etc. Taking our cue to from one the greatest activists known to FPM's principal Krishna FPM dub the money-allocating financial system "Rotten Financial System - ROT$".

P.S. note and disseminate the ticker / stock symbol for the rotten financial system; also note the 10th anniversary of the symbolic-gesture of Lehman Bank going-bust marking the "Great Recession", as media-muppets term it.

Why Its Plain To See The Geopolitical Writing On The Wall

Not only does China have state-run newspaper called the "Global Times" but their phenomenal surge economically to the position of second economic power in the world threatens the status quo of the current hegemonic power. Note "power" said not in the plural but singular.

Hence why trade-war onslaught started this month of March 2018 with steel and aluminium tariffs imposed under order of demagogue leader  of the so called "free world"  President Donald; and yesterday he further announced tariffs on $60 billion value of Chinese imports - its official its war! China retaliated with tit-for-tat action of imposing tariffs on only $3 billion on American imports, as reported by CNBC in the link provided above.


While officially an economic war, at the same said President of the United States of America  or USA, announced the biggest ever increase to its military spending. Up US$80 billion to approximately US$700 billion on military spending; or expressed as a proportion of the total spending approved in the Senate in the early hours of Friday, 54% of the total US$1,300 billion expenditure in 2018/19 will be on the industrial military complex.

Of the US$1.3 trillion spending bill passed exigently early Friday, there are some reading between the lines, other than the obvious. 

First of all this bill is also the raising of the "budget ceiling" i.e. how much spending the USA government fiscal deficit will sustain in a given year. As things stand the budget ceiling has today been raised 4 times int total in recent years (as WolfStreet.Com explains here), to avert what has been dramatically described as "government shutdown". So this current raising of the deficit "legislation would fund the government through the end of September". As for thereafter in this unique American legislation designed to ensure fiscal-budget prudence, anyones guess, or great uncertainty.

Remember that earlier this year the national debt of the USA passed the US$21 trillion mark (also described in the WolfStreet article referenced above, and shown in the chart below). This is less significant as a absolute number, with the Dollar as the reserve token currency allowing unprecedented increase in "money printing" (to make historical Weimar Republic period of hyperinflation look restrained),  but reflected as percent of GDP or what America produces, the debt is very unsustainable.
Also as a  consequence of the unsustainable ballooning debt-bubble of government, Trump is perhaps leading us to that one major dire and disastrous outcome - debt default. The caveat is, only if his "America First" protectionism does not lead to sustained growth. But as we have seen over the last 10 years of kicking the debt-calamity into the long-grass, since the credit bubble in financial services, there are other remedies than debt default and debt-destroying inflation; namely near-zero or zero interest rate policy - Z.I.R.P and debt restructuring (the bad debts racked-up by financial services are now American taxpayers debt burden through T.A.R.P and Q.E etc). Who should continue to revolt or cause civil disorder with rage, after sucessive US administrations and policies delivered austerity instead of prosperity for the masses.

 
 This is why China is THE concerning crucial factor in the economic globalisation that we have seen accelerated since the 1980s or last 40 years. Trend of globalisation stopping now is evident, for fear that China grabs the economic growth that is needed in the current G7 countries, to pay-off their debt.

Yet the economic growth solution is hampered in the face climate change concerns. Yes climate change is only too REAL and beginning to be evident as an imminent threat to humanity and the planet. As are economic-growth threat from disruptive technologies that are burgeoning through to destroy traditional trading activities (e.g. shop-front buying and selling versus Internet online markets). Another example of the titans at
 trade war: China's scale of production has massively reduced the price of solar panels as an alternative to expensive fossil-fuel based oil and gas. 

What of the disruption (which is a euphemistic term) to traditional oil and gas exploration extracting refining and distribution industries, from climate-change concerns? The write-down or destruction of these industries' assets, whose stock market values reflect status quo international free-trade policies, will not be merely disruptive! We have seen this month the stock market valuations impact on global steel and aluminium companies.
See the latest research from the CarbonTracker.Org initiative (which investment bank research will not show!): Mind The Gap: $1.6 trillion energy transition risk.

Finally, in the context of what we have discussed above there will begin as covert of subterfuge psychological operations towards a cultural revolution. "America First", mentioned earlier is only the same socio-economic political stance as once great empire hegemony of United Kingdom, who exited the regional union of group known as European Union (which had as it early phase / guise the E.E.C - the European Economic Cooperation), on June 23rd 2016. Now this great tear-away from globalisation via regionalisation, project is named simply "Brexit". Abbreviation for for Britain Exits the European Union.

The cultural revolution in countries will also be "twitching" by the masses of people away from traditional government by politicians, viz. billionaire Trump as President of the USA and Andrej Babis in Czech Republic. Political machinery, which after 40 years of liberal capitalism, a period better known as "neoliberalism", has produced the rise and decline of the middle class, while creating and enriching plutocrats and oligarchs. As represented by billionaire wealth status of the top 1% of global population. Those politicians are dubbed by Fund Portfolio Management's own reputation thesis, NoSmokeWithoutFire, hastag #politiciansRcriminals.

The cultural revolution will also take the form of behavioural changes, as led from not only disruptive industries (whether people like or accept the phenomena that we are put-through for corporations, who define and rule via Pavalov's dogs impulses, most of our lifestyles behaviours), but from controls about freedom of movement of people, and indeed movement of goods. Which in context of free-trade developments THIS month, is supportive of Fund Portfolio management's geopolitical-tension scenario in the near- to medium-term. 

In short any activities which all add to greater carbon emission, and destruction of the planet will be curtailed. As evidence look at the slow economic growth of the last 10 years imposing mass austerity on the many under neoliberalism. That was not by accident, it was by design, in the face of the most important chart to mankind (by kind permission of Nasa below citing all the evidence. Don't take FPM's word for it.





 

Plutocracy Plots With Trump

 
President of the USA Donald Trump: Examplification of Wealth in Politics (Source FPM, Twitter)

[This is an exqusite excerpt and edited narrative used by FundPortfolioManagement to understand explain and interpret the paramount risk of today #Geopolitics other than #climatechange - q.v. footnotes] 

Masterful and arrogant wealth, known as “Plutocracy”, created largely by Government protection of its profits, not content with its domination and influence within a single party of Republicans, had sought to corrupt them both. And to that end had insinuated itself into the primaries, in order that no candidates might be nominated whose views were not in accord with theirs. Such was the political socio-economic system of American democracy that manifested in turns the “Capital Crook” Clintons and “Black Lives Matter” Obama.

By the use of all the money that could be spent, by a complete and compact organization and by the most infamous sort of deception regarding their real opinions and intentions, Plutocracy had succeeded in electing its “Apprentice Trump” creature to the Presidency. There was no longer a need for the middle-men “politiciansRcriminals” at the White House. Plutocracy had a “corruption fund” of millions of dollars with which to mislead those that could be misled, and to debauch the weak and uncertain.

Plutocracy had a marvelous aptitude for political manipulation and organisation, and with President Trump’s malversation they forged a subtle chain with which to hold in subjection the natural impulses of the people. Sometimes the public had been mistaken as to the true character of their Presidential office. “Wealth” or “the interests” was openly for or against certain men and measures.
 
Trump’s first move was to confer with Plutocracy, the high priests of finance, and unfold his plan to them, explaining how essential was secrecy. Plutocracy’s influence throughout commercial America was absolute. Their wealth, their ability and even more the sum of the capital they could control through the banks, trust companies and industrial organisations, which they dominated, made their word as potent as that of a monarch.
 
Trump then transferred these corruption-fund amounts to the private bank of his son-in-law perhaps, who would then become final paymaster. The result was that the public had no chance of obtaining any knowledge of the corruption fund or how it was spent. The plan was simple, the result effective. He had no one to interfere with him. It was a one man power which in the hands of one possessing ability of the first class, is always potent for good or evil.
 
Not only did Trump win the Presidency, but he also planned to bring under his control both the Senate and the Supreme Court. He counted upon having a good majority of the Senate, because there were already fifty-one Republican Senators upon whom he could rely in any serious attack upon corporate wealth. As to the Supreme Court, of the nine justices there were three that were what he termed "safe and sane," and another two that could be counted upon in a serious crisis. Then there would be an easy working majority.
 
Trump’s plan contemplated nothing further than this. His intention was to block all legislation adverse to the interests. He would have no new laws to fear, and of the old, the Supreme Court would properly interpret them. The President was the centre, and from him radiated everything appertaining to measures affecting "the interests".

Footnotes:
Get Ready for the First Shocks of Trump’s Disaster Capitalism -Naomi Klein - January 24 2017

The Curse Of The Zeitgist: Globalisation Trending

You are NOT about to read a script for a B-movie sci-fi of social dystopia!

Instead a joined-up considered exposition  of the present state of our times and "the human condition"; which many many great persons of the past deliberated on in timely fashion (in mind we have George Orwell's epochal "1984" novel, or before that John Stuart Mill (1806-1873) a British philosopher, socio-political economist and civil servant). This text is neither intended as government or corporate propaganda. Whose worker-ants' end-goal is towards changing our mind-sets. Yet for the purpose of intelligent cogitation and reflection of our socio-economic life governed ultimately by politicians - or so we are foolishly led to believe!

As propaganda IS subversive: as defined by its key proponent Edward Bernays below in the opening chapter "Organizing Chaos" from his 1928 treatise "Propaganda"; and if one marries Ivan Pavlov's (1849-1936) behaviour experiments, better known as Pavlov's Dogs; we begin to understand the certitude of mass manipulation through the recent centuries, when we falsely believed we were free of slavery, barononial-tyranny and fiefdoms. However, the forms of "master-servant relationship" has changed, what should not be in doubt is 'plutocracy' still exists today: many today describe it as slavery through indebtedness. Throughout the ages, similar human-conditions of servitude yet different mechanisms and methods of subservience to the few wealthy and powerful strata of society existed.

Edward Bernays 1928 treatise "Propaganda"

To this understanding of propaganda and human-conditioning, there is inductive-information from indirect experience or hear-so-say. That is, how we know what we know and consequently do what we do as behaviour. For this subject one needs to present the mid-18th century British philosopher David Hume's "Problem of Induction".

"Hume identifies two ways understanding (reason) exerts itself: demonstrative and probabilistic. Demonstrative reasoning is deductive; it allows us to draw specific claims from general ideas. Probabilistic (or causal) reasoning is inductive; it allows us to make general claims from specific ones". [Hume, David (1888) ‘Reason and Passion’...]

Deceitful propaganda uses the latter "probablistic" reasoning in facetious ways.  We are indoctrinated as a society rather than as a smaller community by its members, if the globalisation process is accepted; and induction of understanding i.e. what we we know and how we know it, is the basis of the opinion and values a society receives from media in all its various guises, including nowadays as technological social-media. For example, if we take George Lucas's "Star Wars" franchise as being a global phenomena, e.g. as represented by many species of humans and aliens characterised in the films, books etc; then there is widespread potential for mind-control of masses if not billions of the planet's population through subtle but sub-conciously influencing masses (more later on Oliver Stone films). English does translate more often; more so than the most spoken language of China!

Actual Examples Of Globalisation (and why it 'sucks'!)

Language Through Entertainment

Thats was the introduction, now allowing for the examples of globalisation which I find unnerving as it is expressed in todays' crude terms; instead of the 21st century terms some have dreamed of and been told about by scientists and extrapolative-fiction, classically in novels ands books.

Information and language are indelibly linked. If a customer of a hotel asks me "Press this please", as different from "Iron that please", as she hands me her dress to me, as if I am concierge at the hotel. I might understand or not, as the case maybe, but I will at least notice the oddity of how someone has requested the service, compared to how the royal "one" might have requested to have less folds / creases in my clothes/ garment. On many levels the sentence is or would be curious to a mind educated and organised to understand the interplay of  the three-word sentence in numerous interpreted contexts! The obvious similarity in the two-forms is that 'please' has been oddly inserted / stated, when we know politeness has various expressions in varied cultures. Burping is good in some class-circles foreign-cultures, while a grand "faux-paux" in others. Secondly, 'this' was used in one sentence and 'that' used in the opposed 3-word sentence. And finally, I have never used "press this", only "iron that"! Please write to me as to if "social-class" or "dated" usage of "press" usage or if predominantly American used word? I really do not know English language grammar to know, yet I allegedly speak and write it. Also I know as a thumb-rule, and understand that usage make the final definition of acceptability of grammar. If i start saying "press this" for an "ironing" request, I would change from my social-class and age or use American vocabulary. I like how I am perhaps, and not through globalisation.

Then I would identify Hollywood as a source of mass-media and communication for the masses of English-speaking and pseudo-English spoken audience. Already has been mentioned how "Star Wars" is a globally recognised phenomenon. Oliver Stone seem to make epic films of historical events; as if re-telling history in some alternatively interpreted way of the facts - called "artistic license". Mr Stone's selected movie portfolio include Platoon ('86), Born on the Fourth of July ('89), JFK ('91), Alexander (2004) etc. All the films mentioned revealed degrees of political and idealogical controversy, hence the FPM assertion of "alternatively interpreted way of the facts". The Oliver Stone film that ALL financiers will remember is his Wall Street ('87) series of films. As well as Wall Street bankers and bankers globally, the liberals and intellects find pertinent, is the 2010 film "Wall Street: Money Never Sleeps".

Filmed in the aftermath of the 2008 started financial crash and the consequent Great Recession, FPM uses this to show how a global larceny running into trillions of dollars was committed without rousing the angst of the viewing public. In the formulaic happy-ending story-telling of a Hollywood block-buster with its distortions, there is an empyrean truth: that the financial crisis allowed 17 or so "too big to fail" banks and similar financial players benefitted from the greatest transference of wealth in history from the taxpayer-funded the public purse to the so-called free-market private sector financial institutions. Why do you think the "National Debt" of the USA / America and other key countries have ballooned to the tune of trillions of Dollars? This truth paragon could be said to be the crux of the film to rouse the public taxpayer's ire; but instead the director air-brushes over with fantasy about Gordon Gekko's reformation and how he saved his family and donated £100 million to the "Green economy". Happy ending, neatly wrapped was up the story of greatest robbery by todays' robber-barrons.
Mere story telling which ultimately distorts global perspectives of history in the viewers eye is still a lie. The ancient civilisation used to believe that a picture taken of them steals their souls; similarly a "picture steals your soul and time", is also true.       

The Economics Of Triumphantlism - Trump

Revised  / updated: 6th Jan 2017

For a country, or for that matter an individual at a time upheaval in mans' migration, to triumph as a Western Democracy is great indeed; yet originally the triumphant players were forces at war against other equally rapacious entities. Today and certainly since World War II attempts to conquer EVERYTHING under various "globalism" umbrella is tantamount to supremacy borne out of insatiable greed for power and possession. A psychology of a creed of men which is not best described as merely megalomaniac, as is often distorted in the tawdry popular media, but "monomaniac". See classic dictionary definition below:

Dictionary Definition of "Monomania", Collins Westminster

Only a few nations or countries have achieved significant global ambitions over the milennia. Nowadays we can call some of these nations as members of the Group of Seven or "G7" countries, or "G5" countries. Of individuals, which can extend this topic to, since individuals possess wealth (and therefore power) greater than that of countries, who have achieved global reach in business and other field of aspirations e.g. Hollywood actors, maybe  be termed the "1%" for vogue sake. More later.

We have witnessed such phenomena of conquest and rule in many guises throughout the millenniums. Not just initially colonizing neighbouring villages as marauders, but eventually taking over whole regions of a country. This all-consuming purposeful "greed" is the super-powers' sickness and its eventual tumultous downfall. The fact of eventual decline and downfall facing these supremacist nations and their leading conspirators is evident in history (in black-and-white text and nowadays in bright multi-colored spectrum vision - er internet!) has changed little, to date. These superstate nations' overwhelming dominance has now not only translated into historic domestic mastery of its population; that is, society organised as slaves and fiefdoms, but also into a template model for international scope assimilation and exploitation. 

Just as megalithic Dinosaurs, Indus Valley, Mesopotamian, Greek, Roman etc etc civilizations and creed came conquered and they themselves vanquished into oblivion - one can adumberate / adduce outcome for the in mode hegemony or superpower. This free form narrative propounds capitalism facing the decimation fate, or at least decline, perhaps in our life-times.

What is often called by capitalists as "greed" and described euphemistically as "economic bubbles" is the phenomena of deliberate overreach and what is term "crash recession depression bust" is the inevitable extinction or deflation of most hubristic events, acts and entities. As discovered from historical decline and fall of empires; and more broadly of any anthropological entities' life-cycle. In classical Greek mythological terms "hubris" and the story of Icarus. 

Dumbed-down indoctrinated economists and other purveyors know this creative-destruction  as "boom and bust cycles". But these economic theories and education-establishment preached vocabulary wittingly or otherwise dissemble more sinister dark and ashamed features of the human intellect and social existence;, as little known esoteric understanding.

Indian spiritualist called this life-force cycle Brahama, Vishnu and Siva - the original name for the Holy Trinity of Creation, Preservation and Destruction. It got distorted to Biblical proportions in the Middle East. A universal triumvirate of life-cycle disseminated in many forms of religion and in many other templates. Joseph Schumpter, an economist of genuine integrity, at least in this authour's perception, we believe coined the phrase "creative-destruction".

Applying the spiritual Siva or "The Way of The Left Hand" - in Sanskrit scriptures "Vamachara" - we analyse today's last speech of the year by Mario Draghi, the head of the European Central bank. The "Satan-eyes Impresario Mario" charged with maintaining the facade of a crumbling new citadel, i.e. the European Union, via vital financial management. Some say an expanded European Union is the first pillar of Zionists agenda to "inherit the earth" (also known as One World Government / New Word Order) or some such garbage from the Semite story telling hypocrisies.

As stories and narratives have been imposed on a wider more unsuspecting innocent populous for milennia's, we at Fund Portfolio Management decided to interpret one. Our analysis has been "geopolitics" in context of global macro fundamental economic flux (Triumphant Trump Card and Great British Brexit). So FPM pseudonym 'Fred'  read between the lines of the captive of the international capitalist creed doing his life-threatened life works  speech on 28th November 2016 to Committee on Economic and Monetary Affairs of The European Parliament:

For Fred's agenda perspective on Brexit bomb implications going forward - as greatly relevant as any polished and 'puppet' hack / journalist out there, contact Fund Portfolio Management - FPM.

FPM has long believed the EU project doomed to failure, for many many reasons, not least as the epicentre of hypocrisy responsible for genocide and other human evils. What has transpired since the industrial revolution, and that which must face an age of decimation destruction or reformation is perhaps here with last financial bubble bursting in 2007-2008... 

Post Brexit Britain - All Change

New models of capitalism or just simply the reversing of corrupt crony capitalism is the prospect from the British people voting to leave the European Union, known as "Brexit".



In Europe there will be a major national bankruptcy. Fund Portfolio Management principal Kristian Siva is joining #IMF and #BIS (Bank of International Settlements) in predicting a crash this year, perhaps October (Italian geopolitics catalyst via elections). The magnitude or severity of downward asset plunge is dependent on the geopolitics step-changes that occurs this year. To be sure #Brexit artifice or consent-manufacturing democratics was a significant sea-change; reverberations of which are taking place in the geopolitical spheres (election of Trump; proxy alliances in the war in Syria etc) , and mutedly so in Pavalovian-dogs' (psychology of classical conditioning) operated capital markets.

Financial market chiefs dislike financial history, but as a reminder: not unlike "PIIGs"-insolvency consequences of the 2007-08 financial crisis, which morphed into Greece and #Grexit demands in 2011, Brexit has ACTUALLY come about on June 23rd, 2016. Ultimately we believe this augurs the demise of the Euro currency via the European Union existentialism question, which has been enduring in economic consciousness pervasively. Yet other geopolitical machinations exist to disrupt and reprice capital assets; assets which are relevantly NOT owned by the 99%. Though in an indirect way long-term savers e.g. pension-savers, and capital investors in stocks and bonds, will see some modest loss of wealth. We believe stock or equity market assets to be impacted by multitudinous debt writedown... 

To Be Continued.

Reading List:

A third of global government debt now has negative interest rates

Globalists Are Now Openly New World Order Centralization

Scandals Have Been Boring For Too Long!

Scandals Have Been Boring For Too Long!

(The #PanamaPapers: Of Tax Evasion / Avoidance)

Inspiration for the title of this post is from an ad-slogan "Ships have been boring for too long" - How the great Cunard's QEII ocean liner was promoted at its launch in 1967.

Fund Portfolio Management - FPM looked at the latest whistle-blowing leaks of confidential / secret / private etc information. Particularly the significance of the #PanamaPapers dissemination. The revelations of the expose have similitude and character to a duplicitous grand theft from public-purse spanning over 40 years. Mere media cantation of whistle-blowing, leaks and scandal is wastefully "jobsworth" paper-selling newscycle. The seriousness of high profile Snowden, Assange, Clinton, Libor-fixing etc etc have sadly not been addressed and followed up to serve as tier of public-interest protection. Agencies do exist, but they are often Government-funded and therefore stymied by their regulatory enforcement efforts by unincentivised and overworked civil servants: for case in point, at least in the U.K., Her Majesty's Revenue and Customs - HMRC, the tax collecting authourity. Hence why scandals have created ennui and apathy in the accustomed-to-corruption public. FPM believe this "scandals" should be scintillating for the agencies concerned for years to come - not at all boring!

 

What is critically important TODAY is that we live in epoch-changing times with confluence of technological and geopolitical factors affecting the whole world – from globalisation. The joined-up thinking indicates that the #PanmaPapers serve to remind and ultimately remedy the biggest social problems of the past and TODAY, wealth-inequality - seriously. Climate change is indeed another one that threatens mankind, but while we exist the quality of existence is indeed measured by wealth. Especially so in a world imposed by money-lenders and money-changers in the "money game". People! we live in a plutocracy not a democracy - tax havens are an inevitable symptom of former type of organisation of society. Just as once Christianity was imposed on so-called pagan worlds, and theology used to exercise control power and influence (also sex!) over the subjects of religion.  The global oligarchy of wealthy establisment people and organisations in various countries have been exposed on global mass, for their shady practices equal to theft in complicity with law-makers and politicians. A grand theft from the majority of the public who have in essense been distracted and defrauded of tax revenues. Robbed blind! As the saying goes. And as further insult from these ruthless thieving classes of establishmentarians - upper-class elites devoid of human empathy that have always existed - the 99% of population now faces public spending austerity and public-assets privatised via corrupt crony capitalism. And isn't that indicative or cause of the biggest problem of global societies TODAY, great wealth inequality?

Mushrooming billionaires and millionaires inevitability means greater amount of common people poorer in debt servitude – zero-sum “game of money” (one wins another loses; then print and/or create more money via cycle of  asset-bubbles and lending).

So what makes the #PanamaPaper a catalyst for revolution by the proletariat and the middle classes? And who are these money-lenders and money-changers and accomplices  who make vast fortunes, exploiting the public? The various Biblical-proportions leaks revealing a shadow world of corporate and finacial malfeasance is treated by "Murdoch's MainStreamMedia Muppets" (a nickname from FPM's #NoSmokeWithoutFire: Of Reputation for bad journalists), as a "scandal". These sharing of secrets by whistle blowers in the interest of humanity could and should mean much more if big media were more responsible independent and didactic. Simply put, the public's induction and their deductions have been too long manipulated. FPM shed more joined-up-thinking perspectives on #PanamaPapers:

1) Examined in particular instances i.e. scrutiny of the deluge of data from JUST ONE organisation helping to avoid and or evade national taxes for the wealthy via offshore tax structures, we see the hypocrisy and blatant disregard for the public interest. Tax avoidance is meant to be illegal and evasion is permissable within rules. A public, who most of these wealthy classes,  entrepreneurs to politicians, claim to serve in their economic life and careers are arguably self-servingly exploiting and preying on the wider, majority and fellow humans. "Animals" is too insulting a word for wildlife, to describe this ruthless morality and behaviour: "beasts" seem apt! Not only of public figures like David Cameron, Prime Minister in the U.K. accumalating wealth from trusted public positions, but also of his ancestors and descendents indirectly; as the British PM shamelessly distance himself from his own deceased father through embroilment over Blaimore Holdings Inc.. This is exactly the case in point why FPM use the term "CORRUPT CRONY CAPITALISM". Most of these wealthy people rely on  their PUBLIC REPUTATION for their livelihood. Therefore it is not a stretch of the imagination to believe, for example, that David Cameron's has guilt by association, even though his father used tax shelter schemes. A case in point is the resignation of Iceland Prime Minister after the #PanamaPapers leaks – more later. So the high-impact value of these Mossack Fonseca company's operational files is not just about money laundering and discrete transactions in asset management – which to the many unsuspecting public would seem unusually like business as normal!

Instead the greater mass of the public, as in any peoples' revolutions of the past, have and have had an opportunity to hold accountable these wealthy individuals. Specifically to interrogate the difference in the public communication policy and their deeds towards accumulating wealth. David  This investigation of individual and corporate entities is KEY and CRITICAL as a catalyst for people's revolution to create or simply expect a fairer society, or at least re-dress the balance (until another and next era produces inequality!)

Q. Why is FPM certain that a comprehensive investigation of these #PanamaPapers and their information is key to opening Pandora box of the deceitful backward two-faced individuals and corporations? A. As proof, World governments have come out one-by-one to publically announce that they are starting investigations into these files and the tax affairs of en-masse wealthy (not just isolated ephemeral cases like Bernie Eccleston or Lionel Messi!). Tackling tax-avoidance is an appeasement rhetoric or platitudes often expected from lip-service sound-bite politicians. Keep these politicians and governments to account for their pledge in the afternmath of the terroist bomb of secret information.

2) These confidential information leaks and those to follow, as whistle-blowers get legal status and protection, are NOT merely a part of the ever-changing "NEWS CYCLE"; perhaps leak is itself agenda-driven, this time to appease  the disgruntled left-wing public and activists, or anything of the sort. FPM suggests "The Force Awakens: In Investigative Journalism!" The nature of Panama Papers is probably designed to have revolutionary impact: ICIJ · The International Consortium of Investigative Journalists have been handed this confidential information about the shadowy world. And they seemingly are responsible as a worldwide journalist community of named individuals (Project Managers: Marina Walker Guevara and Gerard Ryle), to adduce and disseminate findings from the leaked confidential secrets into the mainstream consciousness. At least until tax laws are effectively changed by the #politicianRcriminal class towards wealth-equality (among the other more prominent rhetoric about "gender equality", "racial equality"etc). Treatment of this #PanamaPapers will be tracked by FPM to ensure the sorting of  "the wheat from the chaff"; between mainstream media and new technological advent of private independent blog media.

To repeat, the global game-changing factors are: 1) Technological, 2) Geopolitical and 3) Wealth Inequality. ("Climate Change" is also key factor and FPM classify it under technological - as man-made phenomenon)

 

3) FPM just mentioned a technological factor in the above point, and more to follow. Now we demonstrate a geopolitical factor such as events in Iceland. FPM concludes that the purest form of democracy has been demonstrated by the most isolated yet fiercely independent society in the modern era. Iceland's premier has been impeached after the leaked Panama files, following public protests. Now that's true democracy from a coherent   nation of people! Remember that Iceland, along with a few other countries took a different path to the financial crisis that caused the "Great Recession".  Instead of fearing a national banking crisis, the Government's policy was to let their insolvent banks fail, rather than use tax-payer funds to plug the black-hole (i.e. difference in the bottom-line balance sheet of the banks between their liabilities and assets). It seems the people could not forgive the perfidy of the Icelanic PrimeMinister: on the one hand seeming to be tough on banks, and on the other using offshore tax haven to hide away profits (of his wife).

4) The final equation of the game-changing epoch or revolution which FPM explore is the state of the people. Do the people have enough "bread and circus" to pre-occupy them while rulers freely rule? Or, as reformers of in 19th century England  used to discuss: "the condition of England question". How do we reconcile the two distinct groups of economic interests, the haves and and the have-nots (rich and poor, bosses and workers, etc), which now and then starkly arises, and with hostility to one another. This embryonic revolution  was witnessed in the Arab Spring protests in the Middle East recently. As monarchies once knew how to gauge the sentiment of its people before carrying out its sovereign will, so as to not foment uprising and revolution by the people; similarly governments also were meant to be in touch with popular sentiment before enacting and enforcing regulation. However, there is a mechanism of feathering-one's nest where politicians rule the people via corrupt crony capitalists motivations, instead of ruling for them, the people, as elected representatives. If politicians are indeed out of touch with the depravity and outrage of its citizens, an incendiary background or circumstances exist for igniting a peoples revolt against the order of society.

5) Collaborative investigative journalism versus mainstream propaganda media is viewed by FPM as technological innovation of news organisations. One or two investigative journalists on large press / TV networks with secret leaked information may be putting his/ her job or career at stake in exposing powerful wealthy persons and organisations. In extreme cases, the exposing journalist/s may have their life threatened, and mostly sidelined or excommunicated from the press fraternity. Wasn't Glen Greenwald denounced for publishing Snowden leaks? With the scale of the #PanamaPapers information (2.3 terrabytes of digitised data) and the manner of its scrutiny and publication is indicative of an highly organised platform of the ICIJ consortium (109 news organisations and 370 named 'journos' worldwide have shared the high-level mass data). This augurs an effective dissemination of potent information to have societal impact; as much impact as handful of oligarchy colluding editors and their press-baron billionnaires owners have had to now(in the U.K. currently Mr Murdoch, Lord Rothermere, Barclay brothers and Mr Lebedev). Hopefully, the Force Has Awoken indeed: FPM has consistently criticised #msm while espousing alternative independant media in its financial services analysis.

6) The greater impact of the #panamapapers is only beginning to unfold i.e. now only the proverbial tip of the iceberg. FPM have long been speculating that geopolitical risks WILL cause the next economic and capital markets crash. Our capital markets strategic research points to a tsunami in currency trading markets, related to the $Euro foreign exchange crashing or even its existential demise. The Eurpean Union - E.U. itself not long ago faced an existential crisis with national deficit problems in member "PIIGS" countries. FPM have from the beginning espoused the doomed project that is the Eurpean Union in its blogs and commissioned / subscription research. The ultimate events and the catalyst for E.U. breakup are on stage following #panamapapers leaks. (Citation is Stratforumn)... to see complete doomsday-mongering on coign moment for capitalism's disaster, including end of carried-interest tax treatment), please contact FPM.

7) FPM's indicated in point 2 above about #panamapapers, that "perhaps leak is itself agenda-driven". Our veracity or disbelief in the potential impact and deductions that society draws from the modus operandi of a secretive global financial system, of essentially preserving and compounding wealth, is the involvement of George Soros funded Open Society Foundation. They report themselves as  'general support funding' the consortium of independent journalists charged with using the leaked data - the ICIJ. George Soros's "NoSmokeWithoutFire" reputation is not necessarily the public perception of him, through propaganda pandering mainstream media. Equally therefore, FPM prinicipals are somewhat dubious about the aims and source of this Panama leak. For instance, the bias in data revelations seemingly does more damage to developing countries' public figures than ones in developed countries. And lesser historical and extended family seem targets than uber-wealthy powerful figures of the USA etc. Further, as George Soros is a billionnaire money-lender, and some suggest staunch supporter of Zionist aspirations and one-world-government, FPM suspects a furtive  stealth agenda to usefulness of leaked transparency. Notice that Mr Soros is from the opaque world of hedge-funds and private-equity financial investments; he famously bet against the British currency the sterling being pegged too high against the Deutschemark in the European Exchange Rate Mechanism - a forerunner currency union to the E.U. and the Euro itself. Then in September 16, 1992 pound exchange-rate crashed and was eventually withdrawn from the ERM; and unsurprisingly is STILL out of the Euro-Zone member countries. Mr Soros made a reported billion-dollar-region fortune with his clients' money, for them and no doubt, significant proportion for himself through management and carried-interest fees, when the pound crashed on what is dubbed "Black Wednesday". The British taxpayers' public-purse lost that much money to Mr Soros and other cabal hedge funds in foreign exchange financial trading.

8) Threading points 6 and 7, it is remarkable that Mossack Fonsec, the Panama-based law firm, as the source of the leaks covering 21 tax-shelter jurisdictions around the world does not include Cayman Island.... To Be Continued.

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Sexy and saucy embodiment to a scandal is the reputation of the entity (corporate and corporeal perhaps) attributed as adduced from "No Smoke Without Fire" research!... Samples from FPM enterprise:

Www.FundPortfolioManagement.com
FPM's #NoSmokeWithoutFire: Of Reputation
© NSWF:Reputation
Did Blackstone Group Sponsor Insider Trading?

The ‘C’ Word in Capitalism: Crash!

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On dismissing financial analysis behind, due to ‘GIGO’ principles based on corrupted manipulated statistics, and spotlighting policy makers’ move we hit on Greece. Yes, Greece is one of the pertinent factors to markets’ animal ‘spirits’ as is Climate Change issues (gargantuan impact on energy, airline and consumer industries). The saga is dragging on and unsettling the predictive market participants, whom are both directionless and intuitively awaiting the big catalyst for secular economic progression. From FPM’s last post “By Whatever Name Geopolitics Is Still Market Risk” we are underpinning Greece as the big ideological catalyst for the much heralded economic fundamental shifts, that happens in 25-30 years cycles[1].

Yet another date, Tuesday June 30, is due for Greece to repay IMF’s stranglehold debts. Make no mistake, it is “stranglehold” by the scrotum or neck! As ‘troika’ threatens Greece with dire financial / bankruptcy consequences if it does not cooperate with modus operandi of the last thirty years[2] of runaway excessive capitalism by the moneylender / financier classes organising, in effect our daily lives. And through ever-pervasive globalist trade pacts (GATT, CETA, TTIP and TTP), these powerful pullers of the strings behind the scene, which are corporations and their billionaire entrepreneurs, aim to shore up status quo and control money, hence the world.

Greece represents a more than the proverbial spanner in the works to the last 30 years of deregulated business climate – remember ‘openskies agreements’. In a way, The Reagan / Thatcher era shift has left nation-states without identities and suckered into a mode of capitalism, which as its sickly insidious terminal side-effect, is causing climate change, great wealth inequalities and essentially re-organising humanity and society run by stealth global plutocracy. Not democracy at all – wake up people! Hence, back to Greece being an epochal and pivotal policy maker in the global theatre of socio-economic politics, once again 3000 years or so later. If you don't believe our interpretation, look at the market indicator of volatility spike, ^VIX.

Volatility S&P 500 (^VIX) -June 30th at Open

For example, we mentioned the ‘Open-Skies Agreements’ which degregulated nationalistic ‘flag-carrier’ airlines starting in the 1980s and henceforth; well we can see the consequences of that towards international tourism, where holiday-makers and other various travellers are merrily zig-zagging the planet as ‘strangers R us’ pulling along their wheelie luggage, and ferrying around by taxi, plane, boat etcetra. Happy days one may think – yet more burning of carbon fossil fuels, in this mass people transport business dubbed tourism, has well-known dire ecological consequences. Those inconsiderate enough to not bear, or take responsible mitigation for the chain of climate catastrophe events that is impending, are selfishly ignorant. Yet the corporations and media communicators peddling this and other type of ‘consumerism’, are and were always ruthlessly and exploitative. Similarly tobacco giants were long-ago aware that selling cigarettes causes harm and death.

The secular economic progression or investment theme / trend FPM espouses reverses or roles back the last 30 or so years of greed-capitalism. An enterprise crafted and forge lovingly patiently towards evolving a more humane ethical equitable and sustainable enterprise ecology. The business climate is changing undoubtedly and perpetually through a healthy process of creative-destruction. New age entrepreneurs should NOT accept being like the blinkered content horse that was portrayed by human liberationist George Orwell in his satirical comment on humanity via “Animal Farm”. Small- and Mid-sized Enterprise (SME) proprietors should understand that the global and regional trade pacts only serve to preserve the higher-up capitalists’ status quo of big business executive profitability with lure of trickle-down impression.

For example, if you’re an entrepreneur who bought into the idea of fracking for fossil fuels as alternative energy source to supplement dwindling oil / gas reserves, then you’ve been manipulatively had! The reality-check is that if we use JUST USE 20% of the OPEC and big-oil cartel reported EXISTING reserves of oil / gas, or other forms of fossil fuels, we will irreversibly exacerbate the ecological balance of planet Earth. Average global temperatures have risen by one Celsius degree since the industrial revolution, with “democracy” levels of consumption of the Earth’s resources, by just a few western nations[3]. One does not need to be a ‘rocket-scientist’ or fortune-teller to imagine and extrapolate the future impact from the current Western brand of democracy and capitalism. Aside of weighed-up benefits of travel, a model of wasteful and excessive consumption, increasingly foisted on the new and developing countries and, sponsored by self-vested oil-rich countries, which can ultimately and willfully lead to a scorched Earth or few habitable parts of planet earth. This dire  doomsday ecological predication is evidently possible within 50 years henceforth.

Enough doom merchant forecasting let us see what we can do with the the next 10-20 years, of ecological foresight. In order to make an omelet you have to break some eggs, so we believe some bad old habits of Western way of life has to be broken and entirely abandoned. The prospect of these similar habits being continued by the 3 to 4 billion new capitalists of the BRIC nations i.e. capitalistic consumption via fridges, air conditioners, heater, cars, travel etc is the game changer. Pretext of globalisation in trade has resulted in this widespread consumption malaise. A cross-fertilization through global television and media, supported by multilateral agency oversight is the underpinning of our cross-fertilised culture.  Unsustainable lifestyle habits will inevitably have to be disregarded, sooner or later. The sooner the global transition to sustainable living standards the better for everyone! Naturally, the status quo of big oil and big retail etc will not necessarily relinquish their prominent position built nationally and expanded overseas in their respective industries easily. Instigated by American hegemony billionaire status quo class, who are scrambling to do secret deals inter-regionally around the globe via positive-sounding international trade agreements, such as “Trans-Atlantic Trade and Investment Partnership” (TTIP) aligning USA and European Union legislation to favour corporatism over statesmanship. Trade agreements or pacts are designed to shore up countries from operating as independent jurisdiction of law. And therefore bought under some multilateral agency supervisory control. Done as altruism but effectively to enrich the already rich and preserve status quo global wealth inequalities – sheer satanic evil! Otherwise IMF, World Bank, WTO, GATT, NAFTA, UN etcetra would have eradicated world food hunger by now – duh! To see this vivid and blatant harm done, with auspices of doing good, enquire in microcosm at your local food supermarket chain about the daily wastage of food stuff casually thrown away by migrant worker from poor countries – fostering Western hypocrisy globally.

The will for this great change in the face of impending raping of the planet earth should expectedly come from western politicians. Sadly these and other politicians have become blatant captive audience of the “greed-is-good” corporate capitalists, and to their lobbying / pressure-group arms towards cosy employment prospects or ‘revolving-door’ relationships. Asserting 'politicians are criminals' who are corrupted from their noble and elected ideals of representing the people – see Dame Vivienne Westwood's campaign slogan here.

In terms of FPM’s secular economic progressive investment themes, these transitions will result in Western public policy alignment in many sectors of business and lifestyles, at least in these following sectors:

Oil and coal divestment

Carbon Capture and Storage

Nuclear and Solar Technologies

Tourism and Migration

Generational Lifestyle Changes

GMO Foods

International Trade and Transport

As we digress on the exposition about ‘C’ in Capitalism is for ‘Crash’, we have joined-up what a Greek exit from the European Union would be in terms of impact for reversing globalist economic capitalistic trends. Economic inertia and impact, as much as the break-up of 300 years-old uncomfortable union of Scotland and England forming United Kingdom, would have likely had. Their Union divestment ideal was narrowly defeated in the September 2014 Referandum. So no need for Scottish people now to be mockingly re-dubbed “Brave Farts”, as play on traditional heroic reputation of “Brave Hearts”.

So FPM hope the Greeks play-out a drama which is ultimately to their benefit.

“This is not about politics, it’s about math.” Puerto Rico’s governor, Alejandro Garcia Padilla on June 29^th, 2015 on pondering about his American Commonwealth country’s $72 billion debt default with a population of 3.5 million people.

Puerto Rico and the bigger nation Argentina have defaulted on their sovereign debts. Iceland also faced braved decision and decided NOT to bail-out capitalism – see here  Cyprus had ‘bail-in’ to the detriment of mostly Russian savers in its country’s bank via ‘hair-cuts’ from deposits. So on and so on is expected of sovereign debt default in the Great Crash of Capitalism, as anticipated by FPM’s polemic assertion. This worsening of the current Great Recession into a something as grotesque as the Great Depression of the 1930s was sensationally peddled in financial circles by economist, authour and ex-banker Satyajit Das a few years back: where he suggested individual and corporate debt default and insolvency was expected to spread into sovereign debt problems and so on. So while Greece and Puerto Rico sovereign debt problems maybe small-change, the contagion effects of debt default on France and Italy would be significantly monumental.

To reiterate, making an omelette requires ‘crashing’ some eggs: we think Greece and its proud people, as a historically veritable proud nation, can re-assert it epoch making touch-paper. We are talking about that catalyst event in the Referendum on 5^th July 2015, on how to respond to EU’s terms of debt stranglehold. Any such default has significant market impact – see above Pre-Open US Market price of Greece proxy ETF and intraday, 29^th June, down from US$11.78 to US$9.93 at FPM’s data capture plays. The Greece investment fund proxy closed the day US$9.42, down more than 20%. FPM bought stock as panic selling from Greek exit from EU, but realising that in the intermediate term that exit is which will structurally and fundamentally fix the ailing basket-case economy of Greece.

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[1] Kondratieff Cycle

[2] FPM have been validated by Iceland President

[3] See Bill McKibben “Do the Maths” and Naomi Klein “This Changes Everthing”