Rekonquista Kommend

The Green Party of Düsseldorf should be credited for repopularizing Hitler when the history of the German Rekonquista of the 2030s is written:

Germany’s first Arabic-language street sign has appeared in the city of Düsseldorf, and Islamic associations and the Green Party are praising the new development.

“Bilingual street signs are also a symbolic expression of social inclusion. They show that people identify with their district and the diversity of their district,” the city’s Green Party wrote in a statement.

“For several generations, many people, families and tradespeople with a Moroccan and Maghreb background (who) helped to build (Germany) have lived in the district, the Greens wrote, adding that “they deserve respect, admiration and representation.”

The German people survived the Romans, the Huns, and the Soviets. They’ll survive Clown World too. But the reclamation of their sovereignty and their land probably isn’t going to be particularly pretty.

Meanwhile, in France, they’re already burning the homes of pro-immigration politicians.

The house of a left-wing mayor in France, who supports a controversial plan to establish an asylum center in the small seaside town of Saint-Brevin-les-Pins, has been burned down in a suspected arson attack. Police were called to the residence of Yannick Morez early on Wednesday morning after his home and two vehicles were destroyed in the blaze.


This is What Deflation Looks Like

The failure of Credit Suisse vaporized $17 billion in corporate bonds and another $31 billion in market cap in the last year. That means the Swiss government would have to find nearly $50 billion in new debtors just to stay even:

Credit Suisse said 16 billion Swiss francs ($17.24 billion) of its Additional Tier 1 debt will be written down to zero on the orders of the Swiss regulator as part of its rescue merger with UBS (UBSG.S), angering bondholders on Sunday.

FINMA, the Swiss regulator, said the decision would bolster the bank’s capital. The move reflects authorities’ desire to see private investors share the pain from Credit Suisse’s troubles.

Chair Marlene Amstad said FINMA had stuck to the country’s “too-big-to-fail” banking framework in making the decision.

It means AT1 bondholders appear to be left with nothing while shareholders, who sit below bonds in the priority ladder for repayment in a bankruptcy process, will receive $3.23 billion under the UBS deal.

Engineered in the wake of the global financial crisis, AT1 bonds are a form of junior debt that counts towards banks’ regulatory capital. They were designed as a way to transfer risks to investors and away from taxpayers if a bank gets into trouble.

This is why “printing money” doesn’t work in a credit economy. Yes, it’s easier to generate the meaningless digits on a balance sheet than it is to print paper, but it’s not so easy to produce new borrowers. And mass immigration has completely failed to provide the answer it was intended to be, because the immigrants are far less inclined to service their debts.

Now do you see why the failure of the Clown World economy was always inevitable?


Nothing Left to Steal

The more diverse and vibrant the city, the fewer private services will be available to anyone.

Amazon has announced it will be closing several grocery stores in high crime cities like NYC, Seattle and San Francisco, but claims the measure is related to “cost-cutting”. The retail giant said it would be permanently shutting down eight of its 29 Amazon Go stores, which are designed for maximum convenience as the shopper can just scan the items as they leave, with no staff required.

Walmart is also closing its final two stores in Portland, but cited the same ‘profitability’ excuse as Amazon, prompting widespread skepticism. Jeremy Girard of the Oregon Retail Crime Association says shoplifting in the city has a “crisis level” and stores are losing $5 million per year to theft.

So, the good news is that diversity can freely steal whatever it can get its hands on with no legal consequences. The bad news is that there is no longer anything to steal.

This is why retreat is not a viable long-term strategy. The parasites always go where the hosts are.


Indian Programmers Can’t Program

This is not exactly news to any of us in the game industry:

Talent shortage is acute in the IT and data science ecosystem in India with a survey claiming that 95 per cent of engineers in the country are not fit to take up software development jobs.

According to a study by employability assessment company Aspiring Minds, only 4.77 per cent candidates can write the correct logic for a programme — a minimum requirement for any programming job.

Over 36,000 engineering students form IT related branches of over 500 colleges took Automata — a Machine Learning based assessment of software development skills — and over 2/3 could not even write code that compiles.

The study further noted that while more than 60 per cent candidates cannot even write code that compiles, only 1.4 per cent can write functionally correct and efficient code.

While the very best Indian programmers can be excellent indeed – the star programmer at my father’s company in the 1980s was an Indian immigrant who created what became the de facto interface for AutoCAD – on average they are clueless, incompetent, lazy, and in the collective, totally unable to successfully complete programming projects no matter how well defined and designed.

Fortunately, I’ve only had to work directly with one team of Indian programmers, who were responsible for completing a gamified training program I designed for 3M. Despite being selected and vetted by 3M, they proved to be absolutely unable to deliver even the most basic tasks in a reasonable manner or time frame.

This demonstrates, yet again, that immigration and outsourcing are not only not beneficial to an advanced national economy, but rather, are much more likely to be a significant detriment to it.


Sweden Heads Toward Bankruptcy

The Swedish economy is collapsing due to an ongoing housing market crash:

Bankruptcies in Sweden soared for the seventh consecutive month in February amid declining household consumption and growing pressure on construction companies from an ongoing housing-market crunch, Bloomberg reported this week.

A severe slump in Sweden’s real estate sector has damaged the Nordic region’s largest economy, which is struggling with surging consumer prices and growing interest rates. The country has been facing its worst housing-price plunge in three decades, which has led to a reduction in investments in new dwellings.

The situation has contributed to a surge in defaults in the country. According to the media outlet, citing credit reference agency UC, the number of bankruptcy filings in February jumped by 11% year-on-year.

Fortunately, the “humanitarian superpower” has plenty of migrant manpower on which it can rely to rebuild the economy. After all, immigration is good for the economy, right?

Anyhow, this is coming soon to the US economy as well.


She Has to Go Back

Nimrata Randhawa aka “Nikki Haley” doesn’t even understand the laws of the United States of America well enough to realize that she is not eligible for the office of President for which she is presently running, not being a “natural born citizen”.

Ann Coulter’s comments are not only sensible, they are characteristically biting.

“Why don’t you go back to your own country?” Coulter said. “Her candidacy did remind me that I need to immigrate to India so I can demand they start taking down parts of their history,” she said. “What’s with the worshipping of the cows? They’re all starving over there. Did you know they have a rat temple, where they worship rats?”

Coulter also called Haley a “bimbo” and a “preposterous creature,” criticizing her for having advocated removing the Confederate flag from the grounds of the South Carolina Statehouse in the wake of the 2015 shooting at Emanuel African Methodist Episcopal Church in Charleston.

“This is my country, lady,” she said. “I’m not an American Indian, and I don’t like them taking down all the monuments.”

Coulter is absolutely right. I am an American Indian and I don’t like invasive species like homo punjabiens taking down American monuments either. The speed with which the invaders have already managed to seize leadership over international corporations and national governments alike, much to the detriment of the native populations of the USA, the United Kingdom, and Ireland, is remarkable, thereby testifying once more to the short-sighted foolishness of empire.

Empire is the decision to enrich yourself at the expense of foreigners who will rule over your great-grandchildren. Consider the case of Great Britain. The British Raj was established on August 2, 1858, when the British Parliament passed the Government of India Act that formally transferred British power over India from the East India company to the crown. On October 25, 2022, the Punjabi Brahmin Rishi Sunak became Prime Minister of the United Kingdom.

Being an American Indian, I tend to recognize the obvious and intrinsic danger of mass immigration rather better than Americans or Europeans do, as the majority of them still genuinely believe that so long as the invader isn’t armed and wearing a uniform, he isn’t an invader. They haven’t had their land formally seized by their foreign rulers and been forced onto reservations, not yet. Americans and Europeans are still in the “retreat and hope they go away” phase.

Guess what? They never go away. Occupying armies go away. Mass immigrants don’t, not voluntarily.

Contrary to the historically ignorant popular opinion, military invasion is actually far less destructive to a nation than a mass immigration. Paris was invaded and occupied by German soldiers, and it remained Paris. Afghanistan, Iraq, and Vietnam were all invaded and occupied by US soldiers and they are still Afghanistan, Iraq, and Vietnam.

But Detroit was mass-immigrated by Africans and it is no longer Detroit except in name. Palestine was mass-immigrated by Jews and it is no longer even Palestine by name. If the current trends continue, by the year 2100 Australia will be Chinese and Sweden will be the first Arab country on the Baltic Sea.

History suggests these trends will not continue. I anticipate that Reconquista 2.0 will take place in the aftermath of WWIII, once Clown World has been defeated and the immorality of multiculturalism and mass immigration is correctly blamed for the horrors of the war.


When Citizens Suddenly Aren’t Citizens

It’s fascinating to see the same people who insist that Paper US Citizens are real true Americans every bit as American as the Sons and Daughters of the American Revolution now trying to affect outrage by Ukraine drafting Ukrainian citizens.

One of worst examples of Zelensky’s forced conscription for NATO’s messy grinder is Kiev’s attempt at ethnically cleansing Hungarian men from Transcarpathia, more state racism by Ukraine, shades of Nazism.

But they’re not Hungarian citizens, they’re Ukrainian citizens. They’re no more “Hungarian” than the US citizen who just happens to come from Mexico is Mexican. Have we not been repeatedly told that citizenship involves paper and geography, not blood and genetics?

And isn’t it fascinating how the redefinitions are redefined as required for rhetorical purposes?


Puzzled by the Productivity Slump

Clown World’s economists are perplexed by the “strange and awful” 50-year decline in US construction productivity.

Measurement error alone cannot explain the decline in US construction productivity over the last 50 years, with evidence pointing to the sector’s deteriorating ability to transform intermediates into finished products, and to the allocative inefficiency of construction inputs.

Despite aggregate productivity for the US economy having doubled over the past 50 years, the country’s construction sector has diverged considerably, trending downward throughout that period. And this is no slight decrease. Raw BEA data suggest that the value added per worker in the construction sector was about 40 percent lower in 2020 than in 1970 (see Figure 1).

How can a sector like construction, with average value-added of 4.3 percent of GDP between 1950 and 2020, experience such a precipitous decline in productivity relative to the rest of the economy? To answer this question, researchers have focused on issues relating to data measurement, hypothesizing that measurement errors largely explain this phenomenon. This new research updates some of those efforts and, importantly, extends them to investigate other hypotheses to find the following:

Using measures of physical productivity in housing construction (i.e., number of houses or total square footage built per employee), the authors confirm that productivity is indeed falling or, at best, stagnant over multiple decades. Importantly, these facts are not explained by the incidence of price measurement problems. Instead of data error, the authors investigate two other possible explanations. First, they find that the construction sector’s ability to transform intermediate goods into finished products has deteriorated.

And second, the authors describe the curious fact that producers located in more-productive areas do not grow at expected rates. Indeed, rather than construction inputs flowing to areas where they are more productive, the activity share of these areas either stagnates or even falls. The authors suggest that this problem with allocative efficiency may accentuate the aggregate productivity problem for the industry.

Interestingly enough, US hourly wages have also been stagnant since 1972. Now, whatever could possibly have happened to the labor force that would make it less productive?

It couldn’t possibly be immigration effecting a qualitative change in the workforce, could it? It’s not possible that a predominantly white male work force might be more productive than a sexually diverse, nationally diverse work force, right? No, surely not, because we are reliably informed that immigration is always good for the economy. Just maybe not for wages and productivity and per capita wealth.

But the resultant growth in debt and spending makes up for it, so it’s all good, right?

Even while Clown World is collapsing and burning before their eyes, these wicked morons will be convinced that everything is fine because their spreadsheets produce the expected numbers.


Diversity Enhances Paris

Several people were injured in a stabbing attack at the Gare du Nord train station in central Paris on Wednesday morning, French Interior Minister Gerald Darmanin has said. The suspect was “quickly neutralized” by police, Darmanin wrote on Twitter, praising the officers for their “effective and courageous response.”

Six people suffered minor injuries in the attack and were provided medical care on site, according to BFTV. France Bleu has revealed more details of the incident, saying that the suspect, who reportedly spoke Arabic, began indiscriminately stabbing people at the station.

No worries, people of France. It’s good for the economy, see.

UPDATE: Freiburg also enjoyed enhancement by diversity today.

Woman killed in a knife attack, another seriously injured in Freiburg, Germany. Suspect detained.


Foreigners Defend Fake Democracy

Clown World has obviously found a playbook it likes.

Two years ago our Capitol was attacked by fanatics, now we are watching it happen in Brazil.

Solidarity with Lula and the Brazilian people.

Democracies around the world must stand united to condemn this attack on democracy.

Bolsonaro should not be given refuge in Florida.

It would be more accurate to say that fake democracies around the world must stand united to condemn popular protests against stolen democracy.

These clowns are going to be in for a real surprise if they continue engaging in war against Russia. The only thing that is preventing the US Capitol – there is no “us”, Ilhan – half the cities on the East Coast from resembling Mariupol is that Vladimir Putin and Xi Xinping don’t see a direct conflict with the US military as furthering their objectives yet.

But the time does appear to be drawing nigh, probably because the US think tanks, which are literally always wrong, asserts the US military will win a war over Taiwan with China due to their simulations.

The Center for Strategic and International Studies (CSIS) report, titled ‘The First Battle of the Next War,’ estimates that the US would lose at least two aircraft carriers and that 3,200 American troops would be killed in three weeks of combat, according to CNN, which viewed an advanced copy.

The simulations were run 24 times. Taiwan survived as an autonomous entity in most scenarios, but with heavy losses to all parties. “The United States and Japan lose dozens of ships, hundreds of aircraft, and thousands of service members,” the report predicts.

China’s navy would be left “in shambles” and Beijing could lose 10,000 troops, 155 combat aircraft and 138 major ships.

Meanwhile, Taiwan’s military would be “severely degraded” and left to defend an island “without electricity and basic services.” Japan could also lose approximately 100 aircraft and 26 warships as US bases on its territory come under attack from China.

Perhaps they’re right, for once, but I very much doubt it. I would be absolutely willing to bet that the variables utilized don’t even begin to account for all of the current supply and special forces shortages due to the active support being provided for Ukraine. The simulation obviously also didn’t include North Korea attacking South Korea to further dilute the US military’s resource once the invasion of Taiwan begins. This is likely an optimistic scenario which will be used to justify a) more money for the Navy, b) a draft, c) continued belligerence on the part of US foreign policy, and d) prevent the Taiwanese from striking a Hong Kong-style deal with the Xi administration.

The simulation report can be downloaded here. I’ll read it soon and review it on the Darkstream. Notice that the summary tends to confirm my prior expectations.

CSIS developed a wargame for a Chinese amphibious invasion of Taiwan and ran it 24 times. In most scenarios, the United States/Taiwan/Japan defeated a conventional amphibious invasion by China and maintained an autonomous Taiwan. However, this defense came at high cost. The United States and its allies lost dozens of ships, hundreds of aircraft, and tens of thousands of servicemembers. Taiwan saw its economy devastated. Further, the high losses damaged the U.S. global position for many years. China also lost heavily, and failure to occupy Taiwan might destabilize Chinese Communist Party rule. Victory is therefore not enough. The United States needs to strengthen deterrence immediately.

What I’d like to see is a simulation that accounts for China, Russia, North Korea, and Iran all acting in concert. Because that is what I expect to see happen when WWIII expands and moves into a more active phase.