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About Durabo

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  1. Surely anything that is already highly levereaged and relies on debt - no cash flow to service the debt, and too indebted to lend more to tide them over during the virus induced low cashflow periods (e.g. travel companies after events being cancelled, high street resteraunts as people stay away)
  2. Hi Spunko Any chance we can add a "go to first unread post" button within topics? Things can move fast here and you can forget your place in a thread after a few hours away. Also, if you've had a bit of a break it would really help when trying to catch up on busier threads. Cheers!
  3. Surely thats a good thing? A drop in commercial property precedes a drop in residential?
  4. Another reddit sentiment indicator - 55yr old fella earning 40k a year as a builder/carpenter. 40k credit card debt and has been on an 25 yr IO mortage which comes due in 6 years - he's paid none of the principle off. He's lucky he has an asset to sell in order to bail him out. What is especially interesting is all the comments telling him to "sell fast as a recession is on the way"
  5. This comment resonated with me. What is the point of an inflation index if it doesn't accurately reflect the most essential cost of living - shelter?
  6. Fantastic news - fingures crossed we get similar headlines here soon! I write that, then immediately feel guilty for the misery this must be causing people. I hate that I want something so horrible to happen in order to give me a chance at my own family. It shouldn't be this way
  7. Mortgage Fraud up 5% so far in 2019, despite a fall off in the number of mortgages given - https://www.cifas.org.uk/insight/fraud-risk-focus-blog/mortgage-fraud-on-rise https://www.cifas.org.uk/newsroom/mortgage-fraud-five-percent-2019 If its a 5% rise in fradulent mortgages when fradulent mortgages are 0.5% of all mortgages granted, its not significant. Annoyingly, I can't find the raw figures to check this. The figures are from CIFAS, and the press release doesn't contain them. I'm putting this here because if I remember rightly, mortgage fraud was one of the key indicators used in the Big Short
  8. Durabo


    Thats what I use. Boot times between 8 - 11 secs. I get so fucking mad waiting for computers at work, turning my PC on at home is lovely My best tip when looking at buying pre built PCs/Laptops is to check the RAM quantity, type and speed - they'll often have minimal (8GB) RAM at 1600 MHZ. When I was teaching, my work deskptop had 4GB of RAM and the school had upgraded to Windows 10 - genuinely took close to five minutes to get to desktop. I brought in an extra stick and upgraded it myself on the cheap and it made a huge difference. People on here are a lot more knowledgeable than me, but thats my 50ps worth
  9. https://healthcare.utah.edu/publicaffairs/news/2019/09/vaping-cells.php
  10. UN Trade body - "Recession a serious risk for 2020" https://amp.theguardian.com/business/2019/sep/25/global-recession-a-serious-danger-in-2020-says-un Article on the dollar/liquidity shortage that DB talks about, although they dont quite talk about it like that https://www.bloomberg.com/amp/opinion/articles/2019-09-25/why-i-m-worried-about-the-repo-market?__twitter_impression=true
  11. I'd take a lot of the female football talking heads over useless wankers like Roy Kean or Graham Souness. Been really impressed with some of the analysis of people like Alex Scott, whereas Kean and Souness never add anything and say the most obvious shit. Football commentary is due a clearout of a lot of useless old cunts
  12. I have a few friends and family members who work in respiratory medicine - studies are starting to come out linking vaping to lung conditions. A consensus is building in respiratory medicine that vaping isn't good for you, and its starting to be linked to specific conditions. I can try and find the specific studies if people are interested. I suppose the issue is, is it less dangerous than smoking?
  13. Great point - I'd love to hear Majors' take on this considering he was such a big part of the Gina Miller appeal. It's definitely not a great look
  14. https://fullfact.org/online/john-major-proroguing/ Interesting stuff! Perhaps all this leads us towards a formal written consitution. Not sure if I like that or not to be honest I think the findings of a judicial review work differently. Its a funny legal point but I think the finding is treated as happening at the exact time of the decision?