Posted on

Moldovan prime minister announces government resignation

Moldovan Prime Minister Natalia Gavrilita, a former Soviet Block Nation before the breakup of the Soviet Union, announced on Friday that her government was resigning.

“I believe in the Moldovan people. I believe in Moldova,” she told a news briefing. “I believe that we will be able to make it through all the difficulties and challenges.”

But what does that mean?  Does she mean that Maldova will eventually become part of the criminal, totalitarian EU that is as big of blight on the world as the USSR was.  European Union leaders accepted Moldova as a membership candidate last year in a diplomatic “triumph” for President Maia Sandu, who was “elected” in 2020.

The former Soviet republic country of 2.5 million has suffered from soaring inflation and was strained last year by an influx of Ukrainian refugees.  So does she mean that economy will suddenly upright itself and the people, who are desperately struggling, will see some light at the end of the tunnel and it will not be an on coming train?

In 2020, Moldova was the number 138 economy in the world in terms of GDP (current US$), they number 129 in total exports, they number 124 in total imports, the number 118 economy in terms of GDP per capita (current US$) and they number 69 most complex economy according to the Economic Complexity Index (ECI).

The top exports of Moldova are Insulated Wire ($445M), Sunflower Seeds ($188M), Wine ($134M), Seats ($112M), and Hot-Rolled Iron Bars ($105M), exporting mostly to Romania ($791M), Russia ($278M), Germany ($263M), Italy ($241M), and Turkey ($181M).

The top imports of Moldova are Refined Petroleum ($328M), Packaged Medicaments ($226M), Cars ($224M), Broadcasting Equipment ($165M), and Insulated Wire ($140M), importing mostly from Romania ($1.03B), Ukraine ($667M), China ($544M), Russia ($495M), and Germany ($429M).

The college graduation rates of the people fluctuate widely but one number puts the college graduation rate at around 38% which is somewhat better than the USA at 33%.  But Maldova’s graduation rate has not helped it increase the size of its Middle Class. 90% of the people are considered part of the lower class.   Around 1% of the people are considered upper class.  And 3% to 9% of the people are considered Middle Class with the people struggling to not fall back into poverty.

Oligarch Vladimir Plahotniuc is “the owner of four of the country’s five national television stations—Prime TV, Publika TV, Canal 2, and Canal 3—in addition to three radio stations” controlling 60% of the shares on the information market.  So if he was not running for his life under assumed names, he would mostly be in charge of keeping the people of Maldova hypnotized, brainwashed, and good little slaves.  Vlad Plahotniuc,  fled his home country in 2019 amid a government shake-up engineered/brokered by government officials in Russia, the United States, and other European partners.   (Yeah, the war between Russia and the West in the neighboring Ukraine is real, don’t you know, and totally not a coverup for something else.)  To who now controls Plahotniuc‘s media brainwashing apparatus, I am not totally sure.

Vladimir Plahotniuc sought political asylum the United States, but his application was rejected, according to a lawsuit filed in U.S. federal court.  Still, he and at least a billion dollars of his money was hiding out in the United States for a time according to some and then again, maybe not.   There is some indication that Russia may be about to help him to return to Maldova to clean up the western mess there. Maldova needs economic cooperation with Russia to straighten out their economy and Plahotniuc might can accomplish that.  But the USA Treasury might be, behind the scenes, threatening the entire of Maldova to be put under sanctions if the current Western Puppet Government falls.  [Note, I have no proof of such threats and that might be a misguided assumption.]

To be honest, the court cases and intrigue is more complicated than I can figure out.  There may be some errors in this article.  This article does contain opinion.  The story of Maldova is a very interesting and complicated story.   I am not totally sure who the good guys and bad guys are or even if there are any good guys.  The only thing I can say with certainty is that I wish the people of Maldova well.

https://home.treasury.gov/news/press-releases/jy1049 (Explains the actions taken by the USA Treasury’s Office of Foreign Assets Control (OFAC.)  In their words they, “took action to counter the Government of the Russian Federation’s (GoR) persistent malign influence campaigns and systemic corruption in Moldova by imposing sanctions on nine individuals and 12 entities.”)

Posted on Leave a comment

Stock Talk, Briggs and Stratton, BGG

Update: July 20, 2020 Briggs & Stratton filed for chapter 11 bankruptcy reorganization and sold assets to KPS Capital Partners. So yeah 🙁

Average Down or Walk Away

One of my brilliant ideas but I still like the company even though it is now real iffy at best. Note that Club Car is the company they have the battery deal with. I don’t know why I said Cub Cart but it is Club Car. Maybe I want to see little cub bears playing golf.

Continue reading Stock Talk, Briggs and Stratton, BGG

Posted on Leave a comment

Talking Stocks, Stocks that I have bought and sold, not currently holding

& yeah, my camera stopped working again and so using the webcam … damn.  Just make me look even worse than I really look.  I need to change the settings on the webcam or something.  I was playing with them the other day and made them worse.

I am still in the process of testing the waters and learning so I have not bought and sold a huge number of stocks. Some of these were day trades. Some were busted day trades that became swing trades. Some were bought as swing trades. Only one of these stocks, I sold at a loss.

When I said VXRT was my first purchase I meant attempted day trade back a few months ago and successful swing trade. I had bought some investment & swing trade stocks before that. Also, that was before it popped up to the current level.

Continue reading Talking Stocks, Stocks that I have bought and sold, not currently holding

Posted on Leave a comment

There is a US coin shortage. No run on the banks is expected.

There is a US coin shortage. The shortage is probably from a combination of where people are not taking their coins to the machines to turn into paper money and also people are using cash more and credit/debit cards less. There has been around a 30% reduction in credit card usage since medical crisis began.

Continue reading There is a US coin shortage. No run on the banks is expected.