Will Our Grandchildren Work Only Four Hours Per Day?

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Chinese billionaire and Alibaba founder Jack Ma predicted this week that in 30 years, people will be working less than they do now. According to NBC:

“I think in the next 30 years, people only work four hours a day and maybe four days a week,” Ma said.

“My grandfather worked 16 hours a day in the farmland and [thought he was] very busy. We work eight hours, five days a week and think we are very busy.”

Only time will tell if Ma’s prediction will come true in terms of its time horizon and magnitude. But, if the next century follows the pattern of the previous 150 years, we could be looking at continued and significant reductions in total working hours.  Continue reading

EU Wants to Order All Euro Trading Moved from London to Paris

 

The European Union is preparing the legal basis to take over London’s extensive trading business with euro derivatives. This is just another complete failure of bureaucrats to comprehend market function. Perhaps they should also outlaw euro trading in the USA and Asia. That would be real smart. Then they can all sit down and play cards with euro themselves and guarantee it will never be anything to anyone else, no less convertible worldwide. Continue reading

US deploys all its nuclear-capable strategic bombers to Britain for the first time amid growing tensions with Russia

Show of force: The B-1 Lancer (left), B-2 Spirit (centre) and B-52 Stratofortress (pictured right) together at RAF Fairford

 

  • Two B-2 stealth bombers arrived at RAF Fairford with three B-25 Stratofortresses and three B-1 Lancers
  • The fleet of nuclear-capable strategic bombers are in Gloucestershire to support planned NATO exercises
  • But they also send a powerful show of strength to Putin’s Russia, in echoes of the Cold War
  • In recent months NATO jets have been repeatedly scrambled to intercept Russian bombers

The US has deployed several nuclear-capable strategic bombers to Britain for the first time as tensions with Russia continue to grow. Continue reading

Global credit crunch WARNING issued on debt bubble as current trends mirror 2008 crash

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A indicator tracking credit is following a worrying trend [Getty]

 

WARNING signals have been felt today after a key credit indicator mirrored the same pattern experienced ahead of the financial crisis of 2008, in a eerie sign that the global economy is heading for another downturn.

A key UBS credit impulse which monitors the changes in credit volume has tumbled by six per cent of GDP since last year.

It mirrors the same movement seen before the financial crisis 10 years ago, raising fears the global bubble could be about to burst and another credit crunch. Continue reading

Brexit under threat: Macron set for landslide victory that may drastically alter EU exit

Emmanuel Macron on campaign trail and Theresa May

Emmanuel Macron is facing election success while Theresa May faces chaos (Reuters)

 

EMMANUEL Macron is on course for another landslide win as voting on Sunday opened in parliamentary elections that will have huge implications for Brexit.

According to final opinion polls, the 39-year-old head of state’s Republique En Marche! (REM) party could win between 395 and 425 seats in the National Assembly.

If the CEVIPOF-Le Monde figures prove correct, this would be far above the 289 needed to secure an absolute majority. Continue reading

Europe Moves Away from US to Become Independent in Terms of Defense Capability

You’re looking at the world’s next superpower, a United States of Europe complete with its European Army, courtesy of Germany’s Fourth Reich.

 

 

The idea to create a European defense structure independent from NATO had been floated for some time. It was a topic for discussions but no concrete steps have been taken to make it come true. It appears to be changing now after US President Trump apparently made no mention of Article 5 or collective defense during the May 25 NATO summit to stun his European allies. «Trump Leaves NATO» was the Carnegie Endowment’s assessment of the event. No such thing ever happened before. It provides a powerful incentive for the Europeans to push ahead with plans to convert the words into deeds. German Chancellor Angela Merkel urged Europeans “to take our destiny in our hands” and warned that the United States was no longer a reliable partner. Her words marked a turning point. Continue reading

Europe: Choosing Suicide?

As UK Justice Secretary in 2015, Chris Grayling said: “We need urgent, wholesale reform of human rights laws in this country to make sure they cannot be twisted to serve the interests of those who would harm our society.” (Photo by Dan Kitwood/Getty Images)

 

  • “We need urgent, wholesale reform of human rights laws in this country to make sure they cannot be twisted to serve the interests of those who would harm our society.” — UK Justice Secretary, Chris Grayling, January 2015.
  • Swedish intelligence deemed him too dangerous to stay in Sweden, so the immigration authorities sought to have him deported to Syria. They did not succeed: the law does not permit his deportation to Syria, as he risks being arrested or executed there. Instead, he was released and is freely walking around in Malmö.
  • “It would simply never in a million years have occurred to the authors of the original Convention on Human Rights that it would one day end up in some form being used as a justification to stay here by individuals who are a danger to our country and our way of life…” — UK Justice Secretary, Chris Grayling, January 2015.

After the Manchester terrorist attack, it was revealed that there are not “just” 3,000 jihadists on the loose in the UK, as the public had previously been informed, but rather a dismaying 23,000 jihadists. According to The Times:

“About 3,000 people from the total group are judged to pose a threat and are under investigation or active monitoring in 500 operations being run by police and intelligence services. The 20,000 others have featured in previous inquiries and are categorised as posing a ‘residual risk”‘. Continue reading

EU mulls joint defence spending

Commission keen to develop EU’s own surveillance UAVs (Photo: EADS)

 

The EU budget should be used for military research and the bloc could become a defence alliance akin to Nato, the European Commission is poised to say.

The Commission is to outline its ideas in a legislative proposal on spending and in an ideas paper on defence due out on Wednesday (7 June).

“The development of a new generation of many major defence systems is today beyond the reach of a single EU member state … ‘More Europe’ in defence and security is clearly needed”, the draft proposals, seen by Bloomberg, a US news agency, said.

Continue reading

The Years of Terror (I)

LONDON/BERLIN/RIYADH (Own report) – With its continued worldwide support for Salafis, Germany’s close partner, Saudi Arabia, is relentlessly fertilizing the soil for the growth of jihadi terror, according to the German Institute for International and Security Affairs (SWP). “The consequences of Saudi Arabia’s support for Salafism are catastrophic,” the SWP concludes in light of IS/Daesh activities in Europe. British experts are also sharply criticizing cooperation with Riyadh. If one seriously wants to combat jihadi terror, one “should start by stopping the mass export of Wahhabism’s intolerance and hatred from Saudi Arabia,” an insider recommends. This is, however, countered by Germany, other European powers and North America’s relentless cooperation with the Saudi ruling clan. Just a few weeks ago, Chancellor Angela Merkel launched regular military cooperation with the Saudi armed forces. Out of consideration for Riyadh, the British government has been withholding an investigation, showing the – presumably Saudi – financiers of British jihadis. This had been made known only three days before the latest terror attack in London.

Continue reading

Out of control U.S. intel leakers go from shaming President Trump to shaming U.S.

The New York Times released detailed crime scene information, and photographs from the terror attack carried out by Salman Abedi.

 

“Furious” UK investigators have stopped sharing intelligence gathered from the Manchester bombing with the United States after U.S. law enforcement sources leaked key details and photographs from the investigation to domestic journalists.

Just as angry was U.S. President Donald Trump. In a presidential statement issued while Trump was at NATO HQ, he called the Manchester leaks “deeply troubling,” vowed to “get to the bottom” of them and demanded a full investigation by U.S. agencies. Continue reading

Critical: Military on the Streets of Britain

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Country engaged in war with radical Islam.

Theresa May yesterday announced that the threat level in the UK was being raised from”severe” to “critical” meaning that another terrorist attack could be imminent. Continue reading

EU SUPERSTATE: Brussels ‘to force EVERY member state to adopt euro by 2025’

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The EU wants every member state to adopt the Euro by 2025, reports claim [GETTY]

 

BRUSSELS officials want every European Union country to be using the euro by 2025, a bombshell new report has claimed.

Nine of the 28 member state in the EU are currently not part of the single currency.

The UK and Denmark are exempt, but the remaining seven nations all agreed to adopt the euro when they joined the bloc. Continue reading

Increasing Power at the Gulf

BERLIN/KUWAIT CITY (Own report) – Berlin is considering deploying German fighter jets in Kuwait to systematically expand its foothold in this Middle East Emirate. It is not yet clear, whether the Bundeswehr’s Tornados, currently participating in the anti-IS war, will be removed from Incirlik Air Base or where they may otherwise be stationed. The Kingdom of Jordan or the British colony on Cyprus (Akrotiri and Dhekelia) may be alternatives. Kuwait is also an option, given the fact that the German government has been intensifying its cooperation with the Emirate for quite some time – not only economically but also with arms deliveries. Increasing the German military presence in Kuwait would raise German-Kuwaiti relations to new heights. The Bundeswehr would also gain another foothold directly at the Persian Gulf. So far, particularly the US, British and French armed forces have a presence in that region. Continue reading

Merkel worried about Brexit Britain gaining Economic Advantage

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360b / Shutterstock.com

 

Speaking to a group of businesses in Berlin, Merkel said that once the UK formally leaves the bloc, which will currently set to be by the end of March 2019, we will be able to have a bonfire of EU regulations which will make us even more competitive on the world stage, gaining a possible economic edge. Continue reading

Britain blocking EU military HQ: sources

Brexit-bound Britain is blocking the launch of an EU military headquarters because it opposes any suggestion that the unit would have an active operational role, EU diplomatic sources said Friday.

After months of tough negotiations, all 28 member states approved plans in March for a small grouping in Brussels to coordinate three of the bloc’s overseas training operations. Continue reading