Credit deflation and the reflation cycle to come (part 2)

[leonardratso]

10 minutes ago, ThoughtCriminal said:

I've been to Northern Sweden, it's stunning. 

 

That house or 3 bed ex council semi in sunny middlesbrough. It's a tough one. 

you know boro will win everytime, its a utopia there i hear.

or maybe i misheard.

[Sasquatch]

8 minutes ago, ThoughtCriminal said:

I've been to Northern Sweden, it's stunning. 

 

That house or 3 bed ex council semi in sunny middlesbrough. It's a tough one. 

You might not be quite so keen when the snow is up to your neck, it's -15 and dark at 2pm! 

I've skied in Are (on the same latitude to the west side of Sweden). It was epic but not sure I'd want to live there all year round.

[Loki]

[Bobthebuilder]

5 minutes ago, Loki said:

I notice your avatar has only 3 movements.

[leonardratso]

i cant wait to get me somadat race, gender and climate ETF

maybe something like BLMLBGTQRAIN ticker

 

[Loki]

5 minutes ago, Bobthebuilder said:

I notice your avatar has only 3 movements.

You need to watch it for at least 2 weeks 

[Jesus Wept]

[Talking Monkey]

1 hour ago, DurhamBorn said:

£30k in BAT to pay a £100k mortgage.I wouldnt usually advise such things,but something like that has to be tempting.

I can see it makes sense with one of our picks but would BAT be the one DB, will it have that level of share price increase over the decade, a triple. I'd have gone with BP. 

[Loki]

Just now, Talking Monkey said:

I can see it makes sense with one of our picks but would BAT be the one DB, will it have that level of share price increase over the decade, a triple. I'd have gone with BP. 

For me, it's CNA.

[leonardratso]

8 minutes ago, Loki said:

For me, it's CNA.

some shitty aim stock would do it in 2 days. Like UKOG for example.

when i say do it i obviously mean destroy that 30K to zero.

[Loki]

1 minute ago, leonardratso said:

some shitty aim stock

For me, it's INFA.

[Democorruptcy]

US House prices too high so "help" buyers with a $15k tax break to leverage that will increase prices more!

Quote

 

Biden looks to give a big boost to homebuyers and builders

Anyone looking to buy a home today is likely frustrated by sky-high prices and slim pickings. But President-elect Joe Biden, who takes office Wednesday, will aim to ease those issues as he gears up to implement his plans for the housing market.

Biden is proposing a $15,000 first-time homebuyer tax credit, which could be accessed immediately by the buyer, thereby serving as down payment assistance.

https://www.cnbc.com/2021/01/19/biden-looks-to-give-a-big-boost-to-homebuyers-and-builders.html

 

 

[Noallegiance]

27 minutes ago, Democorruptcy said:

US House prices too high so "help" buyers with a $15k tax break to leverage that will increase prices more!

 

I'm sorry. Did I say it was in5 the market for $4,500,000?

I meant $4,515,000.

[RJT1979]

Hasn't Telford got grooming problems?

[Hancock]

1 hour ago, Democorruptcy said:

US House prices too high so "help" buyers with a $15k tax break to leverage that will increase prices more!

 

Typical socialist screwing over the working class, they're all the f'en same. What a cunt, hope he gets shot tomorrow for being a property bubble blowing cunt.

 

[Hunty]

49 minutes ago, Hancock said:

Typical socialist screwing over the working class, they're all the f'en same. What a cunt, hope he gets shot tomorrow for being a property bubble blowing cunt.

 

It is better to prepare and prevent than it is to repair and repent. How true that is of the law of chastity. The first line of defense in keeping ourselves morally clean is to prepare ourselves to resist temptation and prevent ourselves from falling into sin.

In other words. "Fuck em". Buy Oilies. Lots.

[wherebee]

1 hour ago, Hancock said:

Typical socialist screwing over the working class, they're all the f'en same. What a cunt, hope he gets shot tomorrow for being a property bubble blowing cunt.

[wherebee]

We don't do that here on DOSBODS - wishing for people to get shot just because of their political views.  That's what the Bidens and Pelosi people do.

[DurhamBorn]

6 hours ago, Talking Monkey said:

I can see it makes sense with one of our picks but would BAT be the one DB, will it have that level of share price increase over the decade, a triple. I'd have gone with BP. 

Im on about the divi ,£30k of shares pays the interest on a £100k 2.7% mortgage.I dont think the shares will do a lot in capital terms,maybe 50% over the cycle with 8% a year divis.

[MrXxxx]

9 hours ago, leonardratso said:

you know boro will win everytime, its a utopia there i hear.

or maybe i misheard.

Just bear in mind Sweden has its own immigration problems and where do you think they are going to `farm` them out to?......its not all ABBA and pornstars you know! :-)

[MrXxxx]

8 hours ago, Loki said:

For me, it's CNA.

I'm not going to listen to any of ya, @YRS is my man, what do you think @YRS? :-) :-) :-)

[Democorruptcy]

11 hours ago, DurhamBorn said:

£30k in BAT to pay a £100k mortgage.I wouldnt usually advise such things,but something like that has to be tempting.

I had a look at Biden's view on fags/vaping, he doesn't seem keen for the usual reasons:

Quote

 

With so much pro-vaping information already available, why does Mr. Biden still need more “scientific data” before he can decide vaping’s fate?  His seemingly aggressive stance against electronic cigarettes may stem from his strong and decades-old ties to Big Pharma. 

According to the website Open Secrets, Joe Biden is the #1 recipient of campaign contributions by the pharmaceuticals industry in the amount of $6,324, 837 and climbing.    In comparison, Donald Trump – the second-highest recipient – only received about $1.6 billion.

Because Big Pharma manufactures and distributes the more conventional stop-smoking aids like nicotine patches, gums, and lozenges, pharmaceutical industries have always been the vaping industry’s primary nemesis  Meanwhile, Joe Biden’s long and affectionate history with Big Pharma dates all the way back to when he was Vice President under Barack Obama.

Under the Obama Administration, Joe Biden was instrumental in the passage of the Tobacco Control Act of 2009.  When it was signed into law, this single piece of legislation gave the U.S. Food and Drug Administration (FDA) the legal authority to regulate smokeless tobacco products. The FDA deeming regulations soon followed which threaten the vaping industry’s existence to this very day.

https://www.vapes.com/blogs/news/what-is-joe-biden-s-views-on-vaping

 

Another article https://filtermag.org/tobacco-harm-reduction-biden-administration/

Of course he cannot stop Asia etc smoking!

Edit to add: BAT made thread darling Lynn Alden's Top 5 rock solid Blue Chip last November

Quote

 

British American Tobacco is not in a very attractive industry, but it makes a ton of money. Believe it or not, they’ve outperformed the S&P 500 going back to 1995, when you include reinvested dividends.

And right now, they’re dirt cheap, with a 7% dividend yield:

BTI’s diverse global footprint gives it some protection against regulatory actions of any one country. Many countries around the world having higher tobacco usage than the United States, which unfortunately makes a very lucrative environment for this company.

https://www.lynalden.com/blue-chip-dividend-stocks/

 

 

[Talking Monkey]

2 hours ago, DurhamBorn said:

Im on about the divi ,£30k of shares pays the interest on a £100k 2.7% mortgage.I dont think the shares will do a lot in capital terms,maybe 50% over the cycle with 8% a year divis.

Cheers DB for explaining

[ThoughtCriminal]

11 hours ago, Sasquatch said:

You might not be quite so keen when the snow is up to your neck, it's -15 and dark at 2pm! 

I've skied in Are (on the same latitude to the west side of Sweden). It was epic but not sure I'd want to live there all year round.

Boro it is for you then lol

 

Personally I love the cold and dark and would rather not live as a mortgage slave 

[Hancock]

7 hours ago, wherebee said:

We don't do that here on DOSBODS - wishing for people to get shot just because of their political views.  That's what the Bidens and Pelosi people do.

Since when has giving money to inflate the property bubble been a political view? Its corruption and aimed at destroying lives of 10s of millions of working families, but its most certainly not a political view.