The Eurozone Train Wreck Continues Into 2017

The European Union seems to be trying to hold itself together, but it is indeed wobbling itself apart like an aircraft engine with an unbalanced propeller and the vibrations are getting worse reverberating from one side of the continent to the other, where no nation is spared from the challenges which await – so what can we expect in 2017 you ask?

Well, “Brexit” has already had some effect on Germany and other nations are considering similar exits from the EU, which could quicken its demise. The recent Italian vote was problematic as is the condition of the Italian banks. Remember when Greece got caught short? Do you remember in 2014 what was going on in the EU? Let me remind you quickly:

MSNBC Money “China, France drag on global manufacturing revival,” published on February 3, 2014, written by Jonathan Cable and Koh Gui Qing which stated;

“Manufacturers around the world enjoyed a solid start to the year as order books swelled, surveys showed on Monday, though a struggle for growth in China and a downturn in France took the shine off the overall picture. Euro zone factories had their best month since mid-2011 and, with unemployment near record highs, increased headcount for the first time in two years. They were led by a sharp pick-up in Germany and a revival among the states on the region’s periphery. But France, the bloc’s second biggest economy, remained a drag on the region.”

As an example Greece, when they entered the EU they had a bad credit rating and any loans would of cost them a lot in interest, when they joined the EU they effectively got the same rate on loans as Germany who as you probably know are very stable in the financial sector, so Greece took loans out at low interest rates for years.

Yah, Greece has always been a financial disaster like Argentina or Zimbabwe… now it’s all gone sour they are left with huge debts and so on, Italy and Spain are in the same boat and seeing as the UK loaned ALOT of money to Spain and others we are massively exposed to the crisis. Spain for example has more empty property (new builds) than the ENTIRE USA.

Real estate tanked in Spain, we all read about that in the WSJ, few in the US realized it was that bad. In 2008 China was challenged even after their 2008 stimulus as their municipals did elaborate growth projects, building for the sake of it?

Remember the original plan for the EU was to introduce one currency (which they did) and then introduce a EURO Government to manage it, the second part never happened and now the backlash is huge, and it doesn’t really matter that the 2008 crisis started in the US. The EU wasn’t doing that well before the crisis.

And we shouldn’t blame the US for the crash, let’s not forget one of the enablers was AIGs London Office selling insurance often with guarantees in excess of 130% of face value on those mortgage bundles and credit default swaps.

Yes, we have some socialists in the US and when the capitalists and socialists get together or start using each other it is as if everyone loses their brains. So, the slow-motion train wreck and Eurozone melt-down continues, who is to say if it can continue for long without falling apart, and once that engine falls off the plane, its coming in for a very hard landing. Let’s hope that doesn’t happen in 2017.

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The Timeline for End Times and Revelation

Although the Bible says the timeline of Christ’s return is not known, there is a specific timeline for Revelation and end times. John’s instructions for writing the book is a timeline, Revelation 1:19. His instructions are, “Therefore write the things which you have seen… ” His instruction is the first of our time indicators for Revelation. The instruction intends for John to write about the past. What past does John see? The answer is chapters 2 and 3 about the churches. The church age is over. The church age began on the day of Pentecost in AD 30. When the church age began, the end times began, too. You are living in the end times age. The era of the church ends with the rapture that occurs prior to the tribulation period. However, the end times continues until after the tribulation period of seven years or the 70th week of Daniel’s prophesy, Daniel chapter 9.

The next end time indicator that is given John to write is, “and the things which are… ” The time indicated here is the present. The present would be the time in which John is living. And would represent the time of chapter 1. He is exiled as a prisoner of the Romans to an Island called Patmos. In a vision John sees into the future. Presently, John is looking into heaven. He sees an image of Jesus the Lamb. Jesus is standing among seven golden lampstands. He is holding seven stars in his hands.

At the end of chapter 1, John is given an explanation of the seven lampstands and the seven stars. The seven golden lampstands represent the seven church types of chapters 2 and 3. The seven stars are the seven messengers or leaders of the seven churches. Some scholars believe these seven churches, described in chapters 2-3, are seven distinct times in history. I believe them to be representative types of our churches throughout history. I also feel that the messengers are “called” pastors to these seven church types.

Finally, the last timeline of Revelation that I want to explore is John’s instructions to write, “and the things that will take place after these things.” John is to write about future events in history. Most of his writing about the future takes place in seven years. When measured against history, seven years isn’t long at all; however, because of the severe destruction of property and loss of human life, the seven years will seem like eternity to those who survive them. These seven years take the rest of the book of Revelation, chapters 4-22.

When the voice says to John in 4:1b, “… come up here… ” the church is called or raptured home. The church age is over, and the tribulation period, an event prophesied for the end times, soon begins. The timeline of the seven years of tribulation follows that not a lot of changes take place during the first three-and-a-half years. A new government will be ushered in. However, this government will control the whole world. The ruler, the antichrist, will take over the world through economic strategies. The world is ripe today for an econ-strategist to control the world.

Although this article partially explains the timeline of Revelation and end times, you can find many answers at our blog and get copies of free materials regarding much of Revelation. Our materials are free, and we do not sell or use your email address.

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The Trump Economy Is About To Surge – Are We Setting Ourselves Up For A Big Crash In The Future?

Currently, our trade deficits continue to rise, and the dollar is strong, so we should expect that trend to continue. We are watching the Euro dip below the dollar, it’s a $.96 today (January 3, 2017). Many emerging markets are under stress with potential trade deals dying on the vine and the incoming Trump Administration threatening to renegotiate everything, including and specifically NAFTA. This will cause a flight to safety for global investors, and that money will come to the US, but as that happens, this money will be looking for a decent ROI and that capital will be put to work – some of it will be banked and thus, money created to be loaned out.

Easy money is nice for growth, but it comes with consequences when the easy money gets too easy, that’s when bad loans are usually in vogue. Right now we have a problem with student loan debt which needs at least a $108 Billion bailout as 42% of the outstanding loans are in technical default, 90-days in the rears. Similarly, the auto loan sector is at a 5.8% delinquent rate – unfortunately, that is about where it was when we bailed out the auto industry last time.

Sure, low interest rates help, and more infusion of money is a good thing, but there we go again with the easy money problem digging ourselves into a bigger hole. Now then, when it comes to the housing sector consider this factoid – there was an interesting piece in CFO Magazine on December 27, 2016 titled; “Home Prices in Major Cities Rise 5.1% in October – Prices are ‘enjoying robust numbers,’ but ‘cannot rise faster than incomes and inflation indefinitely'” By Matthew Heller. The article stated:

“The nationwide index rose 5.6% in October, exceeding its 2006 peak for the first time. ‘Home prices and the economy are both enjoying robust numbers,’ however, mortgage interest rates rose in November and are expected to rise further as home prices continue to outpace gains in wages and personal income.”

All we need for all hell to break loose is a down-tick or small recession, interest rate rise, and a hick-up or stock market correction, which many stock analysts say is way overdue because of the outrageous PE ratios rivaling the 2000 Dot Com Bubble burst. Scared yet? Well, it’s an unknown, it’s hard to advise anyone if they should be worried today, but this trend is setting us up for failure and we need to be very careful how we play it moving forward. Please think on this.

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Short Story – Trump Saves World – Noble Prize Cosmologist Unable To Speak Is Used By Global Elite

The Trump Administration was just re-elected on November 3rd, 2020 in what was yet another unexpected win, this time the word landslide hardly seemed appropriate, Trump nailed it, only lost one state and two territories. Trump even won CA mostly because the Chinese had bought most all of the main Hollywood Studios and the once famous politically correct actors and actresses were has-beens, and couldn’t find work, no one listened to them anymore. The Chinese didn’t believe in political correctness only reality, their reality. China had renegotiated their trade deal with the US and with triangle trade with what was left of the EU nations’ economies our trade deficits were well under $80 Billion a year.

The leftover elitists and global socialists at the UN’s IPCC were about all that remained of the socialist movement that had swept most of the world, a once powerful group that thought they had the world nearly under their control. Still, they attempted to blind the world’s population with science. Well, actually they’d hijacked science, sent humankind on wild goose chases using a gentleman who’d long gone brain dead, but was kept alive in his wheel chair. They hooked up a voice synthesizer to interpret his slobbering sounds – only the machine wasn’t interpreting, it was hooked to an Artificial Intelligent computer to answer questions and give talks, interviews and lectures that fit the elitists’ agenda.

The only reason that people even believed this half-dead scientist was due to his famous, yet completely unprovable theory of black holes and the big bang (whose faulty math was explained on a secret force, dark energy). It was brilliant because no one could prove it right or wrong, and every time any scientist tried he/she/it was ridiculed – in fact this technique was working so well, they used it to silence critics of their atmospheric theory scam and their AI fear mongering.

No one outside the global elitists’ circle knew, not even half their friends at the Davos World Economic Forum, therefore no one could spill the beans on their sinister plan, and they thought they could run the table with a cataclysmic story of changing atmospheric air melting glaciers and possible AI control of humans. Their lead scientist was brain-dead, and they often cleaned up after themselves with covert executions, but his voice synthesizer spilled out new theories on everything, even aliens coming to Earth to satisfy the conspiracy theorists and throw them off track.

Their aim was to get humans to fear the weather, flooding, Mother Nature, Pollution, aliens, and feat the future of AI. Their plan was to get people so afraid of Artificial Intelligence that no one would build or allow anyone else to build an AI system as robust as theirs until they had controlled the world. Their plan with the atmospheric bogus theory was to halt capitalism, and industrial which might allow extra money to funnel into any science they couldn’t control. With the help of the media, academia, and the political apparatus in most countries, the plan appeared flawless.

The elitists — most of whom had IQs upwards of 180 due to selective breeding, cognitive enhancements and brain chips — used their evil genius and devised a scheme to tax the most industrialized nations for their pollution carbon credits, in some cases $100s of Billions, all of which to use bogus geo-engineering services to the non-existent problem – allowing them to claim success for doing nothing, so they could pocket the money. The elitists also got rich and poor nations to spend on alternative energy technologies, a market they controlled through years of mergers, and acquisitions and playing currency markets for extra cash. If a nation couldn’t afford to pay, they lent them the money with interest to control those nations and their leaders with debt.

Every time there was a major Typhoon or weather anomaly, the elitists propaganda team went to work scaring nations to pony up more money for geo-engineering, flood insurance, and on-going funding they used to grow their organization, lobby governments and pay their bureaucratic mechanism.

In addition, they got nations to fund research to prove their nonsensical theory correct and then brain-wash all the up-and-coming scientists in academia, anyone going against them was immediately marginalized, smeared, discredited, and outcast from the scientific community. Anyone not quite up to par to fully understand the science, they made them social justice warriors and environmentalists for the planet – telling them they were doing important work – bigger than themselves. They then had everything they needed, leaders, followers and the conspiracy crowd. Everything was working perfectly for the elitists.

Well, it was working until the Trump Administration found out the US intelligence agencies had all been compromised. And a shadow government had been installed and was running the bureaucracy giving their boss, our president lip service. He began firing those who didn’t follow his instructions, and he did it on national TV, using a tactic made famous by the reality TV show “Undercover Boss” and then Trump would walk in and say; You’re Fired!

Trump was definitely draining all sides of the swamp now even though the Washington Times accused him of “only draining the left side of the swamp,” and he told the Times where to go, and that he was “only draining the left side of the swamp first” – apparently the American People were okay with that, and re-elected him with record numbers.

When the NSA found their moles they learned of the entire plan and the trickery of the famous brain-dead scientist scheme. Trump wasn’t the least bit surprised of the intelligence report, in fact, he already knew. It all unraveled after that, the global elitists were rounded up and sent to participate in the first Mars Colony since they loved technocratic communist czar style control. Space X got the contract for the one-way tickets, and the World was saved.

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Preparing for the New Trump Economy

Well, now that that’s over with, where to next?

Truthfully, I’m disappointed the Fed raised interest rates last week. I expected as much, though I saw reasons why a rate hike would be ill-advised and should have been avoided.

There are simply too many deleterious impacts on massively indebted U.S. consumers, American multinational companies slammed by the strengthening dollar and emerging market economies that have taken on trillions in dollar-denominated debt that’s getting more and more costly. Those impacts will come home to roost soon enough…

Now we’re supposedly on the march toward three more rate hikes in 2017. Maybe – though doubtful. But we shall see.

The stock market certainly got what it thought it wanted, then promptly went nowhere.

Bonds flagged.

The dollar rallied.

Cheerleaders claim we’re on the road to even higher stock prices – never mind that rising interest rates have historically meant falling stock market valuations (more on that in an upcoming dispatch).

But we’re still left with the question: Where to next?

I have an idea, and you’ll want to own commodities if I’m right.

Having bullied Yellen for a rate hike, Wall Street is now waiting for the Day After – January 21. It will be like no other day after a presidential inauguration in modern history.

So many promises/threats are waiting to either unfold or fizzle. Which Donald Trump will show up to his first day on the job? Wall Street’s directional future depends on that answer.

The Threat of Stagflation

If Candidate Trump arrives, then we have economic challenges that will torment the market.

Immigrants who make up a goodly portion of the service-sector workforce will be rounded up and summarily dispatched back to their homelands – a massive disruption to restaurant back-of-house operations, the construction industry, agriculture, hoteling, landscape companies, etc. That’s inflationary and a significant brake on economic growth.

Chinese manufacturers/exporters face stiff tariffs as Candidate Trump executes his belief that China is manipulating its currency. That, too, is inflationary and will see China lash out with similar tariffs that hit U.S. exporters, leading to layoffs here at home.

U.S. companies also face punitive measures for trying to remain competitive globally by opening production facilities overseas (made all the more important because of the anti-competitive impacts of the strong dollar). That will hit corporate profit margins and lead to declining stock prices and job losses at home.

Meanwhile, infrastructure spending combined with proposed tax cuts means a fresh round of hell for budget deficits and America’s debt. That’s stagflationary because the rising cost of government debt payments takes productive capital out of the economy, while infrastructure projects dump money into the economy which will be chasing goods and services – i.e., rising demand (which will be happening even as all the other inflationary moves unfold).

So, Candidate Trump arriving to work on Day One could present quite the problem for stocks and bonds, since inflation erodes corporate profits and the value of current bond yields.

A More Moderate Approach

If Presidential Trump shows up, we have a slightly brighter path to tomorrow – though economic challenges still exist.

Presidential Trump will not provoke a trade war, saving America from another losing battle, while limiting inflationary stresses at home and saving U.S. multinationals from the pain of rapid profit deterioration (nearly half the S&P 500’s sales and profits come from overseas).

Nor will Presidential Trump deport 11 million illegal immigrants starting on the Day After, preventing mass pain across service-sector industries, inside American wallets and across the broad economy in general.

Nor will he impose punitive measures on American companies that are desperate to remain competitive in a modern global economy. That will preserve corporate profits and limit the impact on stock prices.

Presidential Trump will, however, pursue his infrastructure spending plan, no matter what. And that will be inflationary… which means it’s time to add “hard commodities” to your portfolio – and, in particular, industrial commodities, or “base metals,” as they’re called, such as copper, nickel, aluminum and whatnot.

The Winner for 2017…

Inflation will drive the price of commodities higher, as will increasing demand which will stem from U.S. infrastructure spending, since new roads and bridges and airports and whatever project is on the docket require an abundance of industrial metals.

One of the single best hard commodity opportunities for 2017 is the PowerShares Deutsche Bank Base Metals ETF (NYSE Arca: DBB), an exchange-traded fund (ETF) that, among its peers, has the best track record over the last five years.

This particular ETF is tied to copper, zinc and aluminum, and its returns are based on the performance of futures contracts in those three metals. As a way to gain basic exposure to rising prices for some of the most widely used base metals, this fund is fine.

As with all such hard commodity ETFs, however, the returns are impacted by the fund’s continual need to roll over the futures contracts it owns from one month to the next.

So that’s where we stand – Wall Street waiting to see which Donald Trump shows up. But whichever one it is, it’s a Trump who’s likely to be quite the tailwind for commodity investments.

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How Much Do the Global Warming Alarmists Want to Tax the Global Economy?

No matter that Global Warming is only a theory, the IPCC wants to hijack international trade, shipping, energy, transportation and anything else these elite global socialists can get their hands on. A few of the IPCC’s most outrageous leaders actually blame capitalism for being too efficient and creating too much abundance and thus using too much energy and using up too many resources as the prime culprit – their answer – kill capitalism to save the planet.

There was an interesting article in the Wall Street Journal, an editorial titled; “Gambling the World Economy on Climate – The emission-cut pledges will cost $1 trillion a year and avert warming of less than one degree by 2100,” by BJORN LOMBORG, written on; November 16, 2015. The article stated:

“The United Nations climate conference in Paris starting November 30 will get under way when most minds in the French capital will still understandably be on the recent terror attacks. But for many of the 40,000 attendees, the goal is to ensure that climate change stays on the global economic agenda for the next 15 years, and; ” The cuts on the table in Paris, then, will leave the global economy, in rough terms, $1 trillion [in today’s dollars] short every year for the rest of the century-and that’s if the politicians do everything right. If not, the real cost could double.”

If all this nonsense in Paris happens they believe they MIGHT be able to change the temperature 1-degree by 2100, are they serious? OMG, re-arrange the entire global economy, keep billions of people down at $1 per day, cause people to starve, cost trillions of dollars every year (in today’s dollars), destroy our energy infrastructure, turn over power to absolute scoundrels, for what? For a contrived theory that’s hijacked science, fudged data, lied about everything – OMG.

Someone mentioned low IQ people are the ones who are skeptical of global warming theory, goe-engineering and taking part in an economic revolution to re-arrange all of the human endeavor. Personally, I am not worried about the skeptics anymore because this IPCC (International Panel on Climate Change) Paris Plan isn’t the absurd and dumbest thing I’ve ever heard I cannot imagine what worse idea the ‘group think’ human minds could possibly come up with, but there is always next year’s climate conference – maybe I will be even more surprised then?

We must reject the UN’s IPCC and their dictates and proposed taxes on our nation and their draconian measures that even they admit will have little effect on the actual warming, or not, of the planet, remember it’s only a theory.

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The Resilience of The Culture and Paramountcy of The Powers of The Asante Kingdom

The Asante kingdom is one of the vibrant ethnic societies in Ghana and on the African continent. The powers that its traditional council exerts are supreme and highly respected. The current events in Ghana illustrate the supremacy of the powers of the Asante king (Asantehene). Due to the sad passing of the queen mother of the Asante kingdom (Asantehemaa), the traditional council of the Asante kingdom has imposed a curfew, observation of silence and a ban on the organization of funeral rites, endorsed by the ruling government at the jurisdiction of the kingdom. This mandates all residents whether local or foreign to stay indoors after seven o’clock in the evening. Many people have expressed their displeasure toward this restriction as an infringement on the rights of residents in those parts of the Ashanti region of Ghana. However, such is the power of the superior authority and culture of the vibrant Asante kingdom.

Culturally, when a royal from the governing class in the Asante kingdom passes away, subjects are not supposed to organize any funeral ceremony until the deceased royal is buried and the final mortuary rites are performed. This is branded as an act of sacrilege and respect for the dead member of the royal family that governs the Asante people. Granted, in dire circumstances that demand the immediate burial of a deceased member of one’s family, the burial must take place with the observance of total silence. That implies that the bereaved family is banned from wailing or crying for their great loss. Families that cannot succumb to this order have to wait for the burial ceremony of the royal from the governing class to be organized before organizing the funeral rites of their deceased.

Aside from the observance of silence during the burial of a deceased member, all and sundry living on the soils of the Asante kingdom, including business enterprises, restaurants, pubs and others are not to make any kind of noise such as from the tunes of music, drumming, jubilation or whatsoever. This is done to perpetually ingrain in the minds of society members their great loss. It is meant to cause members of the ethnic society to respect the laws, orders, and laws that issue from the Asante kingdom.

Moreover, the first Saturday to the day slated for the burial ceremony is the organization of a compulsory participation of all residents in the jurisdiction of the Asante kingdom to engage in massive environmental sanitation and cleaning exercises. All choked gutters and refuse are to be properly disposed of. It is believed among the Asantes that the ancestors would be visiting the people at the burial ceremony. Therefore, the surroundings of residents must be tidied to indicate that they have respect for the ancestors who constantly supervise their daily activities and makes them successful. However, a sorry state of the environment, marked by filth would incur their wrath, displeasure and the bestowing of bad luck on society members and the entire Asante kingdom. Thus, the traditional council of the Asante kingdom police and inspect every nook and cranny thoroughly to make sure that their total landmass is free of dirt and any form of filth.

The deep respect and awe for the traditional council that rules the Asante kingdom propel members to heed the call. Failure to heed these restrictions is believed to attract the displeasure of the gods and ancestors. They can inflict eternal death punishment and sickness spree on every member of the kingdom that fails to honor the restrictions given by the Asante traditional kingdom. It is even said that the punishment meted out can extend to innocent members of the same family lineage of the offender. In addition, the traditional court sometimes picks up the culprit and s/he may not be seen again or probably executed by the executioners (Abrafo) at the palace. Sometimes, special monetary penalties and sacrifices of pacification are mandated for such culprits to pay to serve as powerful lessons to other members of the kingdom not to breach the orders of the traditional council.

This shows the supreme power and influence of the governing authority of the Asante traditional court even in the face of globalization and modernization. It also shows the great impact and resilience of the Asante cultural traditions, practices and customs. Thus, the traditional council of the Asantes can be used as a sanctioning and empowering agency to enforce strict laws and acts related to key areas of development like environmental degradation. At the age of modernity in Ghana, where rules are easily broken by residents, the high deteriorating state of the economy of the country can be remedied by resorting to the powers and influence of the traditional governing institutions. Probably, a perfect way forward is to tap the great powers of the traditional councils of the various ethnic societies to enforce developmental agendas in their various jurisdictions.

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Creative Cultural Industries: A Great Economic Capital For Indigenous Societies

Almost every indigenous society had a unique artistic production that is native to the people. These cultural artifacts are creatively fashioned from local materials that are readily available in the indigenous communities’ environments. They were the chief professions of the creative forebears of old that served as the pivot for their economies. In fact, those artifacts that they produced were their sole means of economic capital used for tending for families and developing the ancient societies. These creative cultural artifacts have been great parting treasures from the ancestors of numerous local communities to their present and future progeny. The creative cultural artistic industry is a potential economy of contemporary societies that settle on the soils of these indigenous societies. It can be a strategic tool for alleviating the impoverished state of the local residents in those communities.

It is true that the cultural and creative arts industries are potential economic boosting ventures in this contemporary age. It is one of the ever thriving areas of the global economy with an estimated growth rate of 4.3% in North and Central America, 6.9% in Oceania, 9.7% in Asia, 11.9% in South America, 13.9% in Africa and 17.6% in the Middle East. These estimates that show a soaring increase in global economy clearly underscores the great economic capital that can be obtained from the creative cultural industries from our forebears! Thus, today, local communities, especially the women and the youth who are mostly unemployed must tap into these industries to earn a living. It is not very difficult for residents to enter into these industries.

Limited capital investment is often required to start an enterprise in the creative and cultural industry of local communities. This is because the raw materials for the production of the creative cultural artifacts are locally stepped in the regions of the local communities’ territories. Usually, the local governments and the traditional authorities have their own effective managerial ways of ensuring the sustainable supply of these local resources for the artistic production. Individual families mostly have their family farms where the raw materials for the cultural artifacts are grown. Thus, it does not require huge capital to acquire the local materials for the artistic production.

Moreover, the local skills and expertise for the artistic productions are normally passed on from parents to children as part of the family’s great possessions. Thus, children grow up learning the skills of production from the old sages in the society. Thus, endowed with the expertise, skills, and knowledge, it makes it quite easy for the vulnerable population such as elderly women and the youth to enter into these cultural and creative industries to earn a living.

Also, there is often a ready market for these cultural artifacts since it is mostly the preserve of these local communities. Many tourists and traders usually parade to these indigenous societies to purchase their unique cultural artifacts that portray the culture of the people. For instance, the Ntonso, Adanwumase and Bonwire indigenous societies in the Ashanti region of Ghana noted for the production of the indigenous clothes, Kente, Kuntunkuni, Adinkra, and Kobene receive thousands of tourists from various foreign countries who patronize the buying of these cultural artifacts. Such is the case of other unique creative cultural artifacts native to the other indigenous societies across the globe.

However, it is sad that most youths shun enrollment into these local industries for employment. Some of these youngsters prefer white-colored jobs which often leave them in the lurk, handicapped in employment. These youngsters fail to appreciate and recognize the economic potentials of these ready-made industries! They must be coached and enlightened to realize the wisdom in humbly enrolling in this great revenue generating ventures left to them by their industrious forebears. Non-governmental organizations in charge of entrepreneurship counseling and training must rigorously engage in educating young ones and other members in these indigenous societies on the economic wealth and simple ways of setting up small-scale industries via these creative cultural artifacts.

In addition, financial institutions and credit agencies must be ready to offer these local residents soft loans to start-up the establishment of small industries in this income generating cultural industries. Flexible terms of payment must be instituted for these youngsters. The district and municipal assemblies in these indigenous communities must spearhead and liaise with some foreign donors and entrepreneurship supportive agencies such as Aid to Artisans Ghana and Export Promotions Councils to offer a financial helping hand to these local residents.

Furthermore, technical agencies like the Integrated Technology Transfer Unit (I.T.T.U.), GETRADE Ghana Limited, and GRATIS must offer technical assistance to hone the traditional skills and expertise of production of these local residents and upgrade it to meet the current demands of the market. This technical assistance would aid these local residents endowed with the traditional skills of production to know some simple technologies that can better the finishing and general outlook of the cultural artifacts.

Creative cultural industries are viable income generating employment avenues that can alleviate impoverished communities from their poverty. Thus, various governmental and non-governmental agencies, as well as the traditional councils in the local communities, must all endeavor to develop these industries that were tirelessly brought into being by the loyal, hardworking and insightful forebears.

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The Global Economy: Drunk on Debt

One of the games my son enjoyed when he was a little younger was completing connect-the-dots drawings.

It was always a pleasure to watch as he filled in those seemingly random series of ink spots splattered across a sheet of paper. Connecting them point by point, the eye at first struggles to find a pattern.

And then, as more and more points were connected, at last a delightful little smile crossed his face. It was the “aha” moment from a child’s perspective, as the hidden image slowly revealed itself.

It’s not a bad way to think of investing either, come to think of it. Each day we’re bombarded by a series of data points – news, economic reports and blather from the Federal Reserve. We struggle to see the pattern.

These days, that pattern says we’re approaching an important juncture for investors and the global economy…

What caught my eye lately were the gains in cyclical stocks in Europe and elsewhere around the globe.

The Economy: Changing of the Seasons

Europe is supposed to be wracked by doubt and fractious anxiety over negative interest rates, Brexit, terror attacks, weak banks and (gasp) worries about fresh-baked croissants “dying out” as France’s breakfast pastry of choice.

So amid all the bad news, where do investors get off buying the shares of companies most sensitive to an upswing in Europe’s economy?

We connected one of those dots concerning Spain. Imports are on the rebound, gasoline demand is on the rise and so are the number of border crossings by freight-hauling trucks into the rest of the EU.

As Jeff pointed out, Spain is not “the poster child of economic perfection.” But then again, “the economy doesn’t have to be great to be an investment opportunity.”

Could the rest of the world’s markets soon follow a similar path?

As Bloomberg recently noted, companies and nations that depend on a rising global economic tide are feeling the love from investors this summer, such as:

  1. Japan’s Toyota: +20%
  2. Germany’s SAP (enterprise software): +21% (and new all-time highs)
  3. ABB, the big Swiss-based multinational that’s all about automation and robotics: +14%
  4. iShares MSCI Brazil: +32%
  5. iShares MSCI South Korea: +16%

New Central Bank Prescription

What’s changed? The fears and worries over the global economy are still there, but central bankers’ attitudes are changing. Austerity is out. Spending… lots and lots of spending (and borrowing – and spending some more)… is the new prescriptive for the world’s economic ills. (Never mind whether it works or not.)

So what does that mean for us? Well, in case it doesn’t work (or it works all too well with a revival of rapid price inflation), it’s nice to have some gold for the long run… as we’ve long advocated.

It also likely means lots of government projects in the way of infrastructure. That’s going to create some tremendous investing opportunities as it comes to pass. The gains we’ve seen in cyclicals is just the start.

And, ultimately, it means we’re going to see some of the money – currently pushing the U.S. stock market to new all-time highs – “leak out” in search of cheaper asset prices in Europe and emerging markets.

Will that “leak” be a trickle or a gusher? That depends on how quickly the rest of the world’s investors connect the dots.

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Brexit Rips Apart the Global Economy

Basketball remains one of the most revered games played today. The jerseys sported by players on court actually assume a very significant shape in the lives of the NBA fans, who sport pro-cut uniforms of their favorite teams in a bid to show their love for the same. A typical basketball uniform consists of sleeveless upper halves, shorts, knee caps and head bands. There are a lot of factors considered before selecting basketball uniforms and today, we’re just going to take a look at what those factors are.


Yes! At the heart of the selection of these jerseys is comfort and there are so many things that needed to be taken care of in order to ensure comfort. The right fit and fabric are the two most important factors that need to be taken into account here. A tighter upper half might hinder mobility in a major way, while a fabric unable to absorb sweat is not really fit for humid conditions. So, a choice needs to be made in accordance.


A manufacturer selling the entire ensemble is more likely to be preferred by the buyers instead of those selling only the upper halves or the lower halves-firstly because, the former offer products within a more affordable price bracket and secondly because it is generally more convenient to get your needs fulfilled by only one manufacturer instead of hunting several suppliers at the same time. It’s a matter of double the research or double the groundwork. You have to conduct background research and price comparisons for every other product differently.

Team consensus

Team uniforms (irrespective of whether they’re sported by cricketers, soccer players, basketball players and so on) are generally selected after securing common consensus. The jersey designs and colors are only zeroed in on after all team members put forward their opinions regarding suitability. A team is known by its jersey. As basketball fans, we understand how important our favorite team jerseys are for us. Every other team is driven by different sensibilities as far as their passion, overall team outlook, and their approach towards their game are concerned. The team jersey thus selected serves to reflect different sensibilities in a major way. A team, for instance, which is new in the circuit and are known for their rawness might as well have the color red present dominantly in their team uniform or in patches.

You need to find a credentialed manufacturer in a bid to get your hands on quality stuff. Be sure enough to consult manufacturers that are actually known for providing custom team jerseys that are the right combination of affordability and quality. Plus, they should be able to deliver orders before within the desirable timeframe. The use of advanced machinery ensures that jerseys are crafted fast without compromising on the quality.

Seek recommendations from peers and browse through the plethora of online reviews in order to find out how different manufacturers have been rated and reviewed.

Hope this primer will help you in your quest for the right team uniform.

Formative Sports is a leading Basketball Uniforms Manufacturers and Wholesale Suppliers from Pakistan. You should contact us to get our wide collection of Sublimated Basketball Jersey at competitive

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