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Global Hot Issues: You Decide The Rankings: Quick Poll

London, UK - 25th March 2011, 10:45 GMT

Dear ATCA Open & Philanthropia Friends

[Please note that the views presented by individual contributors are not necessarily representative of the views of ATCA, which is neutral. ATCA conducts collective Socratic dialogue on global opportunities and threats.]

We have a confluence of events on the world stage at present that carry the seeds of massive turbulence not witnessed in generations.


Global Hot Issues

Middle East

The Middle East is clearly in chaos and because of that energy prices have been going up dramatically. The digitally driven leaderless revolutions manifest via self assembling dynamic networks -- as forecast by ATCA in late 2010 -- began in Tunisia and Egypt. They have metamorphosed into a global reform movement and uprising of the down-trodden. This is a theme that resonates around the world. As we witness rising confrontation and conflict in Libya, Bahrain, Yemen, Oman, Syria, Algeria, Jordan and other countries, how long will it be before the cold war between Saudi Arabia and Iran turns into a hot one? Who could have suggested at the start of the year that Western forces would be actively engaged in implementing a UN resolution no-fly zone in Libya, for example? Where the Middle East goes next is anybody's guess and it has the capacity to spawn a gaggle of black swans almost on a weekly basis. Should something happen in regard to Saudi Arabia and Iran, the consequences for the price of oil are truly unthinkable. As the price of oil spikes it will devastate growth throughout the world because of rapid consumer demand destruction. More and more of the family budget will be, of necessity, diverted to paying for food and fuel.

Pakistan

Much of the world is busy focussing on more pressing issues but Pakistan is slowly deteriorating into lawlessness and Islamist fundamentalism. Two recent high profile assassinations of senior political figures -- the governor of Punjab and the only Christian cabinet member -- who were both well known voices of tolerance, demonstrate the step-by-step radicalisation of that country towards extremism. The fact that many prominent members of the political and religious establishment have distanced themselves from condemning these heinous crimes, suggests that they are afraid to speak their mind should they become the next legitimate targets. The near talibanisation of some regions in Pakistan, coupled with Islamist fundamentalism and a powerful nuclear arsenal, lead us to be extremely concerned about the consequences for regional peace and stability, should other high profile unfortunate events take place in or around Pakistan.

Eurozone

The Eurozone crisis began with the bailout of Greece and was followed by the bailout of Ireland. It is about to enter its third chapter with the potential bailout of Portugal. The Portuguese prime minister has resigned because he was unable to get approval for his austerity measures from parliament. In parallel, the rating agencies are further downgrading most of the Spanish banking sector as there are severe doubt about the capacity of the Spanish government to bailout all compromised banks fully. The seeds of severe disruption of the Eurozone also lie in the ebbing support for Chancellor Merkel's policies in Germany and the lack of capacity within France to act unilaterally to enforce the bailout of Europe. It is now only a matter of time when the next trigger is pulled by the global debt markets that will seriously wound the strength and stability of the Eurozone and cohesion of the European Union. To add to these pressures, the lack of co-operation between France and Germany in regard to Libya and the NATO framework is going to exacerbate their joint capacity to evolve a comprehensive solution for the single currency as troubles compound.

China

China is now caught between the devil and the deep blue sea. It has out of control inflation particularly in the food and property sectors and as it attempts to control this runaway train by raising interest rates and increasing bank reserve ratios, it risks derailing the high GDP growth that the Chinese juggernaut has become famous for. The Jasmine revolution of the Middle East is also being exported to China, although the Chinese authorities are leaving no stone unturned to nip it in the bud. In time, we may yet see a China-specific digitally driven leaderless revolution if the iron rice bowl promise fails because the fantastic growth engine stalls, the price of food remains out of control and the middle-class sees its feel-good-factor continue to erode dramatically.

Pacific Ring of Fire

The Pacific ring of fire is extremely active as a number of earthquakes continue not just in Japan but in other countries framing the Pacific basin. Volcanoes are also becoming more active than usual. Given what has just happened in Japan and what happened in New Zealand before that, is it appropriate to ask, "Are China and the United States next?"

United States

The level of US indebtedness and the weakness of the US dollar are causing extra strains not just in the foreign exchange markets but across all asset classes including commodities, equities and bonds. We have found that most asset classes exhibit a correlation of nearly one and a negative correlation to the US dollar. What this means in practice is that most asset classes go up together, as the dollar goes down in value, and vice versa. Some argue that the US Federal Reserve policies of Quantitative Easing -- QE1 and QE2 -- or printing money, have led to the enormous food and fuel inflation we see around the world. The global narrative of US experiments with printing money may not end well if the world loses confidence in the US dollar and/or US treasuries at some point. Events in Wisconsin and other parts of the US have recently highlighted that the phenomenon of digitally driven leaderless revolutions and self-assembling dynamic networks of resistance is not just restricted to the Middle East. The meme of digitally enabled protest appears to have acquired a global signature, from which neither the US nor Europe are immune, and no government appears to be able to escape.

Shifting Magnetic Poles and Solar Flares

The Earth's magnetic poles are moving relatively fast causing adjustments to be made to navigation equipment periodically. A number of birds and animals are also finding that they are confused as a result of these dramatic changes. In parallel, solar activity is heightened. The concerns about solar flares can be summarised as follows: if there is a massive solar flare -- or Coronal Mass Ejection (CME) like the Carrington Event in the 19th century -- then it could cause our electronics and electric power dependent civilisation to witness the equivalent of a heart failure. If such a truly massive Coronal Mass Ejection (CME) were to hit earth, it could practically take out the world's electricity generation and distribution systems on a semi-permanent basis. It would take many years, if not decades, to repair the world's electrical system, even if replacement parts were somehow made available locally. The long term disruption to our critical economic infrastructure including the command and control of industrialised civilisations would be unprecedented.

Japan

The radioactive smoke signals coming out of Japan are blowing worldwide, indicating further trouble ahead. The earthquake in Japan led to the Tsunami. This in turn brought havoc to the Fukushima nuclear power plant with multiple reactors. This nuclear crisis is still cascading and is yet to stabilise. The latest ground zero is the contaminated water supply of Tokyo and other districts. As a result Japanese mothers are afraid to mix tap water with other ingredients to make baby food. Damaged nuclear reactors continue to spew radioactive isotopes that are poisoning fresh vegetables, milk, food products, tap water, air, land and sea across Japan and further afield. It remains to be seen how this unfortunate saga will impact Japan and the rest of the world. Any responsible steps to follow the Chernobyl option of pouring concrete over the nuclear reactors is still being debated. If events get further out of control it may not be possible to exercise the Chernobyl option which will then lead Japan to a scenario of dead zones around the nuclear plant and mass evacuations.

Quick Poll

Which world hot issue do you rank as the one posing highest risk? Please take part in our poll at ATCA 24/7 on Yammer and let us know. There is a parallel ATCA poll underway at Business Insider.

Choices:

. Japan nuclear catastrophe and cascading risk
. Libya - civil war and allies intervention
. Bahrain - proxy war between Saudi and Iran
. Yemen-Syria-Oman etc Middle East ongoing revolutions
. Eurozone - PIIGS - Portugal, Ireland, Italy, Greece and Spain - bailout
. US Indebtedness and dollar weakness
. China - slowing economy to control inflation with rising risk of riots
. Pakistan - destabilisation by Islamists
. Pacific "Ring of Fire" volatility leading to more earthquakes and volcanoes
. Shifting magnetic poles and solar flares

[STOPS]

We are hosting an Expert roundtable on this issue at ATCA 24/7 on Yammer.

[ENDS]

Expert Roundtables

Expert roundtables are the newly launched ATCA 24/7 Q&A private exclusive club service. They seek to become the killer application in strategic intelligence by delivering an unprecedented competitive advantage to our distinguished members. They can only be accessed online at https://www.yammer.com/atca

Q1: How to become a privileged member of ATCA 24/7 to participate in the expert roundtables?

A1: i. If you are a distinguished member of ATCA 5000, ATCA Open, The Philanthropia or HQR affiliated groups you may be allowed to become a privileged member of this new and exclusive private club.

ii. If you are pre-invited, visit the private intelligence network -- PIN -- by going to https://www.yammer.com/atca [Note: In https:// 's' is for security and encryption]

iii. If you don't have membership of the PIN yet, email the mi2g Intelligence Unit at intelligence.unit at mi2g dot com for an exclusive invitation.

Q2: How to participate in the expert roundtables and get domain-specific strategic intelligence questions answered?

A2: Access the ATCA 24/7 Private Intelligence Network -- PIN -- online and ask or answer a strategic intelligence question, no matter how complex. Receive expert answers within 24 hours or get pointers from:

i. ATCA 5000 experts who are online;
ii. ATCA Research and Analysis Wing; and
iii. mi2g Intelligence Unit.

Q3: Why is the ATCA 24/7 Q&A Exclusive Club special?

A3: ATCA 24/7 has now created an exclusive private intelligence watering hole and expert roundtable at the highest level where interesting and sophisticated questions are being asked from around the world, and intelligent answers are being provided, almost always by experts who have deep domain-specific knowledge. Come and check out the exclusive club, take it for a strategic test drive, which sign-of-intelligent life are you waiting for?

To learn more about "The Expert Roundtable: ATCA 24/7 Q&A Club" email: intelligence.unit at mi2g.com and if you are already a member visit https://www.yammer.com/atca

We welcome your thoughts, observations and views. To reflect further on this subject and others, please respond within Twitter, Facebook and LinkedIn's ATCA Open and related discussion platform of HQR. Should you wish to connect directly with real time Twitter feeds, please click as appropriate:

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. @G140

. mi2g Intelligence Unit

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. DK Matai

Best wishes


ATCA: The Asymmetric Threats Contingency Alliance is a philanthropic expert initiative founded in 2001 to resolve complex global challenges through collective Socratic dialogue and joint executive action to build a wisdom based global economy. Adhering to the doctrine of non-violence, ATCA addresses asymmetric threats and social opportunities arising from climate chaos and the environment; radical poverty and microfinance; geo-politics and energy; organised crime & extremism; advanced technologies -- bio, info, nano, robo & AI; demographic skews and resource shortages; pandemics; financial systems and systemic risk; as well as transhumanism and ethics. Present membership of ATCA is by invitation only and has over 5,000 distinguished members from over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at Academic Centres of Excellence; 500 Inventors and Original thinkers; as well as 250 Editors-in-Chief of major media.

The Philanthropia, founded in 2005, brings together over 1,000 leading individual and private philanthropists, family offices, foundations, private banks, non-governmental organisations and specialist advisors to address complex global challenges such as countering climate chaos, reducing radical poverty and developing global leadership for the younger generation through the appliance of science and technology, leveraging acumen and finance, as well as encouraging collaboration with a strong commitment to ethics. Philanthropia emphasises multi-faith spiritual values: introspection, healthy living and ecology. Philanthropia Targets: Countering climate chaos and carbon neutrality; Eliminating radical poverty -- through micro-credit schemes, empowerment of women and more responsible capitalism; Leadership for the Younger Generation; and Corporate and social responsibility.



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