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If it cant be repurporsed for new swarthy peasants, who pays for the demolition of this monumental eyesore locality? Us, i suppose?!

They never dare mention that banks were perhaps massively overvalued in 2007 & that given we have been attempting to prop up a lowering rate supercycle for the last 15 years, our options running out, the only way is down. Or rather the only way should be down. Im sure they will sacrifice whatever else is left to prop up their mates in the city.

We had vitamin for kids vouchers and milk tokens etc. Abuse using them was rife around the London suburbs. They were used as a form of currency for the bennie lot via dodgy local corner shops for booze and fags until the scheme suddenly stopped. As Pip said traceable, expirable digital vouchers on the other hand? CBDC UBI anyone

The federal minimum wage in the United States is $7.25 per hour Wendy's pays $12.52 an hour on average. The average McDonald's salary in the United States is $25,163 per year. This kind of hyperbole saying that US burger flippers are better paid than a UK nurse is so ridicules it damages any real discussion on wage suppression in the UK.

I got Northumbrian Water out to do the ones outside my house and the stop cock etc,its was full of congealed stones,sand etc.I could of done it myself,but i thought its their job,i said why dont you have someone who checks them every few years.He said they cant be arsed.Iv got the keys to turn them all off etc,handy if you get a flood between your stockcock and the road.I also made them put my water meter in my house,not outside,lf you have it outside and have a small leak after it you could be paying more for years and never know.

Took him 8 minutes. There's loads of firemen on there saying this is now a common problem and never used to be.

Lots of firemen on there saying it's a big problem and never used to be. Took him 8 minutes to get water running apparently. In a serious fire that means dead people.

Living wage age 21 or over is now £11.44 x 40 hours x 52 weeks = £23,795 x 2 applicants x 4.5 = £214,157, assuming that's 95%, add another £10,708 as a deposit, gives a total of £224,865. Santander mortgage calculator allows FTB borrowing of £211,750 on two incomes of £23,795, no outstanding debt and a £10,708 deposit over 40 years https://www.santander.co.uk/personal/mortgages/mortgage-calculators/how-much-could-i-borrow Look after lending at the bottom of the market supports it.

Vouchers for bennies….we all think that’s a good idea. Careful though…..this is exactly how those “conspiracy theorists” said it starts. A worry because the conspiracy theorists keep being proved right. First those we don’t like (bennies, PIP etc) are issued vouchers and everyone is onboard….including myself by the way, makes complete sense. Then they can issue a digital type currency for these people so they can’t save up money but effectively get what they need with an expiry date and/or money with a specific usage. Again we all agree it’s a good idea. Then as the digital currency becomes integrated it’s introduced across the board with no controls. Normally under the guise that it works, stops money laundering and terrorist funding etc….now we are a bit suspicious but the BBC say it’s good so the populous except it. Then the controls. Petrol, meat, energy, ciggies, beer, etc etc Don't get me wrong I have always thought bennies should be services/food items/housing and not money……I just question their motives. One thing I know is any political decision is never, never ever for the greater good.

Watch what happens when £ goes on parity with the $ if the BoE and ECB break lockstep with the Fed and cut rates. Any US importing and tourism will be very expensive for the UK that I’m sure the Japanese are finding currently.

You could flip burgers full time in most US states and make more than a junior doctor or nurse in the UK and the same goes for most skilled occupations. No surprises that a semi skilled job like driving a lorry or bus in the US now pays more than a typical consultant doctor in the UK. The UK is barely a first world country in terms of its per capita living standards these days and the situation is not going to improve.

In reality, the price is set by the Bank of Mummy and Daddy in places like that. After all, cashed up boomers and retirees were the big winners from the COVID largesse. Plenty of money still sloshing around to keep house prices in the London dormitories from dropping and the same goes for pretty much anywhere remotely desirable.

Intersting to see the lefties identify a key problem and hen convince themselves that the wya out a of a debt problem is an even bigger debt problem we truly are f***ed when zanu labour get in imho https://uk.finance.yahoo.com/news/real-terms-average-pay-lower-213014421.html Real terms average pay lower in most UK local authorities than in 2008, TUC finds Pay packets are smaller than they were in 2008 in most local authority areas in the UK, according to analysis by the Trades Union Congress, which described the findings as a “damning indictment” of the Conservatives’ economic record. The TUC, which includes 48 unions with more than five million members, said stagnating wages meant British workers were in the midst of the longest squeeze on wages since the Napoleonic era. Real terms average pay, which factors in inflation, is less than it was in 2008, the year the global financial crisis struck, in nearly two-thirds (63%) of UK local authorities, the TUC said. The union body estimates that the average UK worker would be £10,400 a year better off if real wages had grown at their pre-crisis trend – the equivalent of £200 a week. London has the highest share of what it called “wage black spots”, with real pay below 2008 levels in nearly all of the capital’s local authorities.

https://www.bbc.co.uk/news/articles/cn0ry09d50wo https://archive.ph/VaknR Left it a bit late.Easiest way would be include all bennies in the bennie cap and freeze it at £20k for a decade.I would means test PIP as well,far too many retire early on fat public sector pensions and get PIP as well.Likely they will leave too many loop holes though like they always do and the parasites figure them out in a day.Not including disability bennies in the bennie cap is why so many are jumping on now.Look at that fucker moved near me to Barnie in the article nothing wrong with him at all,fleecing low paid taxpayers.

I've said for years. NOBODY should receive benefits (or charity handouts as I prefer to call them) as cash. You should get an Aldi voucher (value set by some kind of ration of basic food, carefully calorie/nutrition counted etc) and a gas/water/electricity voucher. And that's your lot. 'But they might sell them for cash for less than the voucher is worth.' So what? That's their stupid problem,

now this sounds good but just out for consultation unlikely to be implement before the election "Disabled people face being stripped of monthly payments and given vouchers instead under a benefits crackdown being unveiled on Monday ahead of the local elections. Other options being considered include requiring receipts to be provided to claim money back from the state, or offering treatment instead of financial support. The proposed changes to the Personal Independence Payment (PIP) will be announced as part of a wider policy being championed by Rishi Sunak to tackle the UK’s worklessness crisis." https://www.telegraph.co.uk/politics/2024/04/28/disabled-people-benefits-clampdown-rishi-sunak/ https://archive.is/20240428201716/https://www.telegraph.co.uk/politics/2024/04/28/disabled-people-benefits-clampdown-rishi-sunak/

mentioned in main thread iirc.small bank $6bn in TA.Likely CRE I would suspect but we'll see whats comes out https://www.businesstoday.in/world/us/story/us-regulators-seize-sell-philadelphia-based-bank-first-us-bank-failure-of-this-year-427166-2024-04-27

Commodity spot ETFs are not derivatives

And the price will be set by Mr over leveraged

Ignore him. He's an irrelevance. Just does what the real power tells him to do.

It's a gold derivative, effectively. In the event of a weekend 'great reset' or gold revaluation I would have zero confidence in it. It isn't gold. It's a paper instrument referencing some gold which may or may not be available to you or priced correctly when you actually need it to be.

I think you've highlighted the inflection point around the subsatanial rise in AISC back in 2010.teh two sets of data would cross voer in that timeframe this is WGC estimates(but ideally we need the data back to the brown bottom) Ive found a van eck chart that chimes in with the WGC psot 2011 data, https://www.gold.org/goldhub/data/aisc-gold#from-login=1 https://www.vaneck.com/se/en/blog/gold-investing/gold-miners-react-and-ready-for-more/

I have a similar instinct, then I see this slurring, drugged-up, slit-eyed octogenarian being paraded as their future and I start to wonder... https://www.bbc.co.uk/news/av/world-us-canada-68915195

Would you be surprised if I told you this is normal and not actually that bad. That sometimes it is a metal detector and pick axe to break through the black top to find what is paved over by a overzealous road resurfacing crew. Sadly, I am not joking.

Be interesting to overlay that chart with costs per ounce extracted