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Saturday 25 October 2008

Solve the Next Crisis Before It Happens

Below is a comment from Economic Editor Paul Mason's Newsnight Blog placed by Celtic Lion. Paul has presented a challenge to produce the outline for a new global financial order.

http://www.bbc.co.uk/blogs/newsnight/paulmason/2008/10/new_world_financial_order_what.html

The post was placed after but without knowledge of Alan Greenspan's evidence in Washington the same day, called the present situation a "credit Tsunami".


Celtic Lion believes this is incorrect and dangerous. The wave of destruction is to come, the collapse of the planet's ecological life support system.


Instead of solving a problem that has already happened we should be preventing the the manifestation of a future challenge.



An Economic Tsunami: I don't think so.


To start in producing a new world plan, I would like to refer to Paul's post of Weds 15th October 'This is An Economic Krakatoa'.First I would like to build on and refine his analogy used there.


In the posting Paul refers to the Tsunami wave which followed the eruption. A Tsunami similar to which we saw pictures of on Boxing Day
2004. Indeed some reading this may have been there.


Some economic commentators have referred to this present situation as an "economic Tsunami". I maintain this is incorrect-dangerously incorrect.


Go back to the pictures prior to the destructive wave breaking on the coastline.The sea disappeared and moved away. It went into 'recession'. The effective sea level dropped, it was in 'depression'.People were seen on the beaches, asking questions like where has the sea gone, why has it gone? Remaining where they were, seeking solutions to a problems that had already occurred.


What they were unaware of was, what was to come. They were responding to what had happened, not to what would happen?I refer to previous posts by various on Galbraith and Forrester.


Kondratieff Waves to follow.

Thursday 16 October 2008

Betting in the Global Casino


This should appear in the Private Eye classified today or Friday
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Celtic Lion Ltd seeks £2 billion to restore global ecological and socio-economic stability.
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Now Robert Grant from Tenalps publishing will confirm this was placed on Tuesday 7th October.

Talk is cheap but whisky costs money. On Tuesday 7th Celtic Lion ‘bet’ that in the next week all the world’s political leaders, economists, financiers even with £ or $ trillions would not be able to stabilise the global economy. Let alone the ecology of the planet. So the ad would still be relevant.

Economies are so easy to predict.

When the magazine comes out that entry will still be relevant despite £2,000,000,000,000 and all those people trying to solve the problem, because Celtic Lion knew they couldn’t do it.
Celtic Lion can. Join us.

Wednesday 15 October 2008

A Fat Lot of Good: Is There a Better Way?

Well despite all the efforts of world politicians, financiers, economists and £s trillions etc it doesn't look like the global economic situation has improved.

And what about the planetary ecological system which is set to crash next?

There are solutions. Are we looking at reality the wrong way?

What we need is a project to sort the situation out. Let us start one.

Please return in the next few days.

Tuesday 14 October 2008

Obama abd McCain; What is Going On?

The prophecy of our post of Wed 20th February Democratic Primary Wisconsin came true. So now it is Obama v McCain.

The Republican Party want McCain to be heavy and nasty. McCain wants to be nice and decent, and even to acknowledge Obama is decent. There again as Celtic Lion reported earlier in the year they were both sponsors of the Climate Change Stewardship and Innovation Act, along with Joe Lieberman.

In one sentence 3 out of the 4 front runners, we only missed Sarah Palin for a full house.

Obama and McCain are actually closer in politics than the range within their own parties. Neither can attack the other as individuals as this would automatically and rightly raise the question of, 'if he is so bad, why did you work with him?'

Would McCain rather lose the election than compromise principles? Would McCain like to win the election but not want the Republicans in power? Would McCain really rather be an independent? If Obama wins, would there be a place in his administration for a leaping McCain?

Is the dream ticket Obama and McCain? Will this happen? Has it already been discussed behind closed doors? The next few weeks and months will be interesting.

Sunday 12 October 2008

Fat on the Fire

There is so much in the media about about the global economic situation. I am not even going to call it a crisis, it is just something that is happening. Firstly it is not some unforeseen event which has just occurred.

In 1991 we had an economic situation both in the UK and to a certain degree around the rest of the world. Here lies the roots of the present situation. This time of relative chaos and appropriate reorganisation gave us the opportunity to develop an appropriate trajectory of development, which if taken could have avoided what is now going on in the world

My opinion then and still hold today is that it was obvious that future development would be defined by the parameters of what was possible within and by environmental and planetary ecological systems.

There seemed to be no debate or consensus then on how development should proceed. It just shot off willy nilly. If someone was climbing a a cliff or a steep slope and having found the going too difficult or gradient impossible and slide back to the bottom. What would have been the sensible thing to do? Decide on and take another route. A route that offered less resistance to progress.

The economic system did not do this, it made the same mistakes as before, but with renewed vigour digging deeper into its resources, resources which come from the conversion and hence degradation of planetary ecological systems.

Now it has predictably slide back. Imagine reality as a U-shaped channel, a half pipe as the skateboarders would call it. Imagine it covered in grease. Now imagine somebody (the economy) trying to run vertically up the side. They will get so far, once gravity becomes stronger than the increasing gradient, grip of their feet and loss of momentum, they will just slide back to the bottom again.

So why try to do the same thing again? If the U-shaped channel was a section of a a bobsleigh run, the time base, then best progress is made taking the racing line, along it -to the future.

Mistakes were made in 1991 which have lead us to the present situation.

So now global leaders are meeting. Using £ or $ 100s billions to try and force the global economy up the same impossible slope. President Bush says we want a stronger economy. I would suggest we need a more sensible economy.

There has been some knee jerk reaction, if not overnight, certainly over days or a few weeks, without any thought of where we are going, how we will do it or the consequences.

I can only see this borrowing, to sort out the present, as borrowing from the future. Taking stability from the future before we get there. This is borrowing from the future stability of the planetary ecological life support system.

My opinion is that world leaders are creating a very dangerous situation, without thinking through what they are doing.

When an economic system collapses we can still survive. When a planetary ecological system collapses we die.

I do believe there is a better way.

Friday 10 October 2008

Economic Situation and the Criminal Dimension

The present economic chaos has been going on for months now. Nothing seems to be working.
The reason is:
It is due to deliberate criminal acts committed in England with the intention of crashing the UK and global economies.
These were reported to Tayside police (Scotland) in October 2006 as economic sabotage. Tayside police not only knew, 2 years ago, that the UK and global economies would crash, they knew when the they would crash and the amounts involved.
Unfortunately they could not look at the evidence or carry out an investigation as they decided the offences were criminal and outside their jurisdiction.
Had they been able to carry out an investigation then the current global situation probably could have been averted, to some degree or other.
We have checked our legal position. As long as we have reported fraud, money laundering and other serious offences, all committed with the intention to cause an act of economic sabotage, we have fulfilled all our legal obligation.
That Tayside police decided not to investigate or take any action, and allow a potentially preventable situation occur is irrelevant to Celtic Lion's position.
We can reverse global chaos.
None of the measures taken by Governments or financial institutions will ever work in the long term as they are unaware of the true criminal causes of the present economic situation.