Thursday, 27 April 2017
Ashley Yet To Congratulate Benitez
According to The Times today, "Ashley yet to congratulate Benitez on promotion glory." I declare an interest but I wonder, having fulfilled his contractual obligation and pocketed a, reported, £4m bonus, what else Benitez might expect from the owner?
Wednesday, 19 April 2017
Labour Shortage Post Brexit
A lot has been made of the dire consequences for the soft fruit and vegetable trade and hospitality industries should EU freedom of movement be restricted post Brexit.
This is part of the letter I wrote to The Times yesterday (they didn't publish):
This is part of the letter I wrote to The Times yesterday (they didn't publish):
"Your Leader, 18 April, conveniently blames the depreciation
in the value of Sterling on the Brexit vote. As I understand it, the
latest inflation figure was 2.3%, the same pace as in the previous month and in
line with market expectations ie close enough to the Bank of England target of
2%. If households really are noticing rising food prices and seen their
real incomes harmed, is it not fairer to say that these results are the effect
of inflation and the overdue devaluation of Sterling and not, necessarily, the
Brexit vote? To paraphrase your conclusion, it is past the time
that your Newspaper provided the candour that has so far been lacking in this
debate.
As for the crisis in the labour market which you forecast to
occur once Britain exits the EU and “ends freedom of movement,” perhaps we
should be looking to robots to carry out mundane and unskilled tasks? I
for one should be very pleased to have my coffee made and served by a smart,
clean and articulate robot that will not be concerned or offended when I tell it what to do
with the offer to join the loyalty club."
Sunday, 16 April 2017
North Korea
Secluded, isolated and impoverished, North Korea has no
other leverage instruments of foreign policy other than a nuclear capability. Karl Marx wrote that the most effective power
is structural because it functions without being used. Nuclear weapons, the ultimate
expression of strength, function in exactly this way and provide status in
international heirarchies. North Korea accepted the Nuclear Non-Proliferation
Treaty in 1985 but withdrew in 2002 (the only country to have done so). Since 2002, North Korea has conducted
numerous nuclear and missile delivery tests (in defiance of the UN). We now understand that North Korea is on the
brink of deploying a ballistic nuclear missile capability with the range to
reach the West Coast of the USA.
The US National Security Strategy states that the US must
deter and defend against the threat of weapons of mass destruction before they
are unleashed. They will not wait until
l they are attacked before acting. President Bush called this a strategy of
pre-emption. However, there is a
distinction in international law. Pre-emption,
that is, taking military action to stop an imminent attack is legal under
international law. However, prevention,
that is acting against a potential opponent who may or may not have the
intention of attacking in the future, is not.
With no evidence that the USA is under the threat of imminent
attack, President Trump is taking a position from which preventive action could
be possible.
Noises from the White House and the Pentagon seem confident
that the US has the capability to eliminate key nuclear and missile capabilities
in a series of surgical strikes. Whilst
this would deal with the missile threat for today, unfortunately, it would not neutralise
the North Korean regime. The reaction by
a regime stung by the ultimate humiliation of having their offensive nuclear
power neutralised is a very big cause for concern for us all.
There is a strong possibility of North Korea taking
retaliatory action. We know that the
North has thousands of artillery pieces ranged along the DMZ with South
Korea. Unleashed, this artillery barrage
would cause catastrophic damage to the civilian population in Seoul, only 35
miles away. North Korea could also
strike at US bases in Japan, for example, the enormous facility at Kadena would
be within range of medium-range missile attack.
The risks of regional escalation would be significant but, of course,
would be balanced by the perception of the threat to the US itself.
US military capability, over time, could probably
significantly degrade North Korean retaliatory capability. For example, huge blast bombs, recently
demonstrated, and carpet bombing by B-52 aircraft could lay waste to North
Korean artillery and retaliatory capability but they would be unlikely to stop
it in its tracks. The US use of tactical
nuclear weapons would certainly be considered.
The other factor that must be considered is what happens to
North Korea in the meantime. If the
state breaks down millions of starving refuges would flood in both directions,
South Korea, and China. Neither influx
would be welcome nor manageable. China
may see the collapse of the North Korean buffer as a threat to its own
security.
All of which makes preventive action by the USA a very risky
and costly option.
On the other hand, North Korea’s neighbour and sometime ideological
partner, effectively underpins North Korean existence. China buys coal, about the only thing North
Korea produces and otherwise bankrolls the North Korean state. Whilst China could bring North Korea to heel
by withdrawing support, such action could result in the breakdown of the North
Korean state and provoke the same reaction as military action, albeit with less
immediate panic. There is no win-win
course of action for China but it is to be hoped that they will feel the offer
of President Trump’s “grand bargain,” – long-term trading partnerships and
deals in return for Chinese cooperation in dealing with North Korea is the
sensible way forward.
Let us hope so because the build-up of US force looks very
much like an option of preventive action.
And bear in mind, for all the regional risks, the only thing that
matters to the USA is their own security and you may agree with me that they
are likely to act accordingly?
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