Friday, 4 September 2026
Argentinian President Javier Milei: The winds of change
UK Preparing for War? What is actually happening?
Preparing for War?
Does it feel like a country looking to beef up its defense? I hope Conservatives could wake up and stop talking about wars that Britain is unfit to fight. Empty chit chat passing as serious analysis. Present and former MPs are making themselves look and sound like assholes.
Britain cannot even produce proper tanks and Britain created the tanks. I followed the whole thing including what happened when Ben Wallace was Secretary for Defense, talking about cutting manpower to create rapid response SAS like teams. British drone technology, the magic response, is already outdated.
While this is happening, Lithuania indicated that it is ready to attack Russian Federation and Friedrich Merz, the German Chancellor, make similar comments. Both Lithuania and Germany attacking Russian Federation not as NATO countries, on their own.
Obviously this can cause one of two things: 1) a widespread European War 2) the end of NATO when other NATO countries refuse to get involved. But there is a third possibility: USA might decide not to get involved as it goes against USA interests and say that it is nothing to do with NATO.
When NATO countries are making military alliances of their own, this is also a reason to be extremely concerned. Pakistan, Turkey and Saudi Arabia just signed a mutual defense pact. Israel and Muslim hating Modi from India have an ongoing arrangement as India provides crucial resources to Israel.
So, if Israel decides to go against Turkey, something that Benjamin Netanyahu has already spoken about, Israel would be actually going against Pakistan, Turkey and Saudi Arabia.
Faraway from Europe, Middle East and Asia Minor, President Milei of Argentina, with American support is preparing to take over South Atlantic Islands. The story tells about fundamental differences between USA and Britain when it comes to geopolitics.
Thursday, 3 September 2026
UK Prime Minister Andy Burnham: calming the markets....?
The Guardian, the London newspaper talks about Prime Minister Andy Burnham trying to calm bond market, as more and more investors are getting rid of bonds of public debt. It must be said that it is not just Britain that might be losing its capacity to borrow billions of US Dollars (althougn bonds might be valued in Pounds) to paid a public debt that amounts to trillions US Dollars.
Any budget must be based on reliable data, but nowadays data has a habit of changing even before any budget is formulated. So by the time the Chancellor of the Exchequer John Healey (former Secretary for Defense) rises in the House of Commons to deliver the so called Autumn Budget all numbers in it might be totally outdated. Without the capacity to borrow more then taxing more and budget cuts could be the only way left to adjust public expenditure. Both options are deeply unpopular because they both go for one word: Austerity.
For a Labour Prime Minister having to start by imposing new taxes and cutting budgets because there is no money to go around is not what was promised during the first short campaign for an election that never happened. When the amount of monies available is significantly reduced, the impact of increasing defense expenditure makes cuts in other areas of the public administration even more painful. As Paul Samuelson, the American Economist stated, it is butter or cannons. You cannot have them both in equal measure. Something has to go. Will it be welfare payments? Whatever the previous Prime Minister did that was considered to be done against Labour values will be nothing compared with the limitations the new Prime Minister will have to impose.
Suddenly, recent electoral successes in Makerfield and Manchester will feel like a pyhrric victory. The joy and celebratons might turn into a funeral. More taxes will certainly means less buying power in the pockets of already suffering taxpayers. Budget cuts will mean more unemployment. But in actual fact both measures can accelerate the rise of unemployment. If you raise taxes, you cut private investment and consumption. Taxes will be higher but the amount of monies collected will be reduced due to less economic activity. Keir Starmer´s exit from Parliament will help him distance himself from then nightmare that is coming and Andy Burnham´s time as Prime Minister could be cut short.
Right after Andy Burnham was appointed, there were rumours that he would go to the country, that he intended to have his own Parliamentary majority, even by losing many of the seats that Labour managed to win in 2024. Going to the country, having a General Election preceded by a whole bunch of bad news does not look, sound and feel like a good idea. Labour MPs that did not want Keir Starmer as Leader and Prime Minister made the choice to remain under Keir Starmer not to risk losing their seats.
When Andy Burnham threw his hat on the right they could have rocket the boat and go for internal elections in the Labour Party. Instead, they chose to have Andy Burnham appointed without any contest. The idea was pure and simple. No contest to challenge Andy Burnham would show the Labour Party as something that the Labour Party is not: a united Party. When the new budget is presented in the House of Commons, factional rivalries will reappear.
Having a majority in Parliament might look like a blessing, but having too many MPs might be inconvenient. A majority that cannot be controlled becomes a liability.
At a distance, Labour MPs that are no longer Cabinet Members could have been disappointed, hurt because they were no longer at the forefront of the Labour government. Now, many of them like Rachel Reeves might be congratulating themselves because they do not have to face the mess the new government will have to deal with. She was being forced to calculate and recalculate budgets before they were even presented in Parliament. Now the man who complained and even resigned as Secretary for Defense because he was not getting enough money for defense will have to face reality. Now, it is John Healey´s time to face the music.
Sue Gray did not last long as Chief of Staff under Keir Starmer. She said that she felt that she was being spied on, that her private conversations were being recorded and leaked to the mass media. Has the political environment inside the Labour government changed overnight? As pressure mounts, one can expect that internal tensions will rise. As the expression goes "keep your friends close, but keep your enemies closer".
Wednesday, 2 September 2026
British Default: As things go, a British Default is becoming more likely by the day
A British default is becoming more likely by the day. A country that owes trillions of US Dollars, pays billions on a monthly basis and has little to show for a real economy looks increasingly as a ship heading towards the rocks.
John Healey, former Secretary for Defense and now Chancellor of the Exchequer, has very little to be happy about and so do millons of Britons whose lives are turning into a nightmare. Prices that used to be relatively stable are now rising monthly or weekly.
By the time you finish doing your budget, you have to start all over again. If the Chancellor of the Exchequer has even less money to distribute then the risks of job losses and welfare cuts are all too obvious. If this comes together with loss of trust regarding the Pound then the ugly face of Devaluation is all too visible. It is also obvious that is the economy goes drastically downhill then investors trust will evaporate. Investors are already asking for higher and higher returns for public debt.
Reserves? What reserves? When Prime Minister Gordon Brown, former Chancellor of the Exchequer, was in charge then Britain had reserves to deal with the consecuences of an American financial upheaval. He could keep the banking system afloat, but there were many casualties. This time there are no reserves. The ship is going down and there are no lifeboats.
Tuesday, 1 September 2026
Ukraine is a laboratory to test new weaponry, but it is done with a huge human cost
Ukraine has become a testing ground for new weapons, but it is done with a huge human cost
Monday, 31 August 2026
New Russian Federation Drone that is faster and for the moment unstoppable has neutralised everything NATO has thrown at it
New Russian Federation Drone that is faster and for the moment unstoppable has neutralised everything NATO has thrown at it
Friday, 28 August 2026
Mentally dysfunctional British Politicians and the advent of war in Europe






