Credit deflation and the reflation cycle to come (part 3)

[Hancock]

57 minutes ago, JMD said:

Yes, the first time BoJo showed any lockdown hesitancy he ended up just a few weeks later in a hospital bed with Covid. This time round after making light of Omicron, again after only a few weeks, all manner of leaks regarding parties suddenly appear out of the blue to destabalise him and his government... I'm not a conspiracy type, but it makes for a very curious coincidence.

He's dragged it out for almost 2 years, he should not get any form of praise for starting to end the charade he should never have begun.

[Hancock]

28 minutes ago, Axeman123 said:

The only part of a house they can print is concrete walls, block laying is a tiny percentage of the labour involved in a building. If they could ever print the wiring/insulation/glazing etc as well in a single pass I will sit up and take notice.

Doing the brick work has to be the most labour intensive part, and if you've got a machine working 24/7, it is a game changer.

 

[Loki]

11 minutes ago, Hancock said:

Doing the brick work has to be the most labour intensive part, and if you've got a machine working 24/7, it is a game changer.

 

Welcome to the Layer Cake son, 90 year terms available

[Axeman123]

6 minutes ago, Hancock said:

Doing the brick work has to be the most labour intensive part, and if you've got a machine working 24/7, it is a game changer.

I would disagree, groundworks and internals are the biggest parts. The roof also wasn't 3D printed. I am not in the construction trades though. 

Apart from the novelty of "muh 3D printed" no-one would accept external walls with that finish on a house, so it would also need at least render or cladding appled.

It is a wonderful machine, but largely a novelty IMO.

[Hancock]

1 minute ago, Loki said:

Welcome to the Layer Cake son, 90 year terms available

Yes 30k to buy the house, but you're only allowed to lease the plot from your superiors who speak properly!

Rent seeking has been how the ruling class have been kept in their wealth for a millennia, will take more than a glorified cement spreader to change this.

[Loki]

Just now, Hancock said:

Yes 30k to buy the house, but you're only allowed to lease the plot from your superiors who speak properly!

Rent seeking has been how the ruling class have been kept in their wealth for a millennia, will take more than a glorified cement spreader to change this.

Maybe we could feed them into, a la Fargo 

[Hancock]

14 minutes ago, Axeman123 said:

I would disagree, groundworks and internals are the biggest parts. The roof also wasn't 3D printed. I am not in the construction trades though. 

Apart from the novelty of "muh 3D printed" no-one would accept external walls with that finish on a house, so it would also need at least render or cladding appled.

It is a wonderful machine, but largely a novelty IMO.

As as single trade i'd say brickies are on site longest ... if this is the way forward we'll not have gable roofs in the future, so long as its sloped the rain will run off. Modern day art deco houses.

But also they'd be able to make the outside looking more aesthetically pleasing that the finish shown in the video, that'd be simple enough!

[Axeman123]

Just now, Hancock said:

As as single trade i'd say brickies are on site longest ... if this is the way forward we'll not have gable roofs in the future, so long as its sloped the rain will run off. Modern day are deco houses.

But also they'd be able to make the outside looking more aesthetically pleasing that the finish shown in the video, that'd be simple enough!

Art deco houses are notoriously prone to leaky roofs.

If you want a vision of a more efficient approach to house construction:

https://www.huf-haus.com/en-uk/

[CannonFodder]

2 hours ago, DurhamBorn said:

Difference though is if you want to retire early.Iv been mortgage free since i was 35 really (i owed about £20k that i carried as i was interest only at base rate tracker so no interest to talk off) and retired at 49.I dont fancy working until 68 and the years from 50 to 68 are when the bennie goldmine ends for most people as the kids go over 18/21 and your down to £75 a week and the hastle that goes with it.Pension credit rules have just changed as well so a couple cant get pension credit until both are over state pension age so its Univeral credit,and state pension is more than that so couples will have to live off one persons pension until the other reaches SPA.Bennies are at insane levels when you have kids,but not after you just single or a couple and the inflation caused by the bennies to families hits hardest on those without kids on bennies as food and fuel ramp up.

Id also want more than £185 a week.£300 makes a big difference than £185.Council tax is £25 a week for me and id say house maintenance £1k a year max.I could live on £600+ a week now if i wanted without my partners wage and her investments.

Most people are poor because they have shit parents,and shit grandparents.You need generations to pass wealth down so that each generation can add and develop themselves with some money from work,but extra from capital.Of course the danger is one idiot decides to get married,or spunks the lot on the next big thing.Iv always hated control hence the need to be financially free.Retiring is easy at 68,just the pension and a bit extra,the hard bit is going early,or in my case very very early.

From what i.ve seen is nothing kills intergenerational wealth like a remarriage 

First marriage, folk seem to work things out to an extent as its going to their kids one way or another.

Second marriage when its somebody's else's  kids the gloves come off to avoid non blood getting one.s wealth

Remarriage after kids is a huge risk

[CannonFodder]

Oh and special shout out to all those men in 50s and 60s that travel to Ukraine to meet 25 year old Olga who obviously wants them for their mind.

I hope I dont go soft in head when older.

[Axeman123]

15 minutes ago, CannonFodder said:

From what i.ve seen is nothing kills intergenerational wealth like a remarriage 

Widowed pensioners remarrying is something I have seen wipe out several friends' future inheritences. All were the woman giving control of late hubbies money to a fella with none of his own. Timeshares as an "investment", and cruises on the QE2 etc.

[Noallegiance]

Well well well. First 35 mins.

 

[Axeman123]

2 minutes ago, Noallegiance said:

Well well well. First 35 mins.

Watched it earlier, hits many thread themes. Usually Schiff is just a gold bug, but not this time. Telefonica gets a mention for example.

[M S E Refugee]

 

[Micky Roberts]

2 hours ago, CannonFodder said:

From what i.ve seen is nothing kills intergenerational wealth like a remarriage 

 

How about a first marriage?

Given that most marriages end in divorce is there anyway that a will can be structured so that the spouse of your son or daughter is not entitled to any share of the legacy that you leave to your offspring?

Is it possible or practical to form a trust rather than leave your assets outright?

[wherebee]

3 hours ago, CannonFodder said:

From what i.ve seen is nothing kills intergenerational wealth like a marriage

First marriage, folk seem to work things out to an extent as its going to their kids one way or another.

Second marriage when its somebody's else's  kids the gloves come off to avoid non blood getting one.s wealth

Remarriage after kids is a huge risk

FYFY

 

My first marriage cost me northwards of half a million.  Now, it was worth it, but unattended a woman will ALWAYS spunk money up the wall on holidays, cushions, and other tat.  That money, post divorce, has been earned by a man, and spunked by the divorcee.

 

 

[Don Coglione]

3 minutes ago, wherebee said:

FYFY

 

My first marriage cost me northwards of half a million.  Now, it was worth it, but unattended a woman will ALWAYS spunk money up the wall on holidays, cushions, and other tat.  That money, post divorce, has been earned by a man, and spunked by the divorcee.

 

 

Badly chose you, Yoda.

Consider it a tax on the cock.

[wherebee]

17 minutes ago, Don Coglione said:

Badly chose you, Yoda.

Consider it a tax on the cock.

Oh I agree 100%.  I was cuntstruck.

[JMD]

5 hours ago, AlfredTheLittle said:

Any ways to invest in 3d printing? Who are the leaders? 

Tech investing is difficult, sub sectors such as 3d printing doubly so. Tbh I haven't really looked, but maybe the techies on here might be able to comment?

[DurhamBorn]

1 hour ago, Noallegiance said:

Well well well. First 35 mins.

 

In order of mention,BAT,Bayer,BP,Telecoms,Vod,Telefonica,has he got the log in to my portfolio?.Where we lead others follow,Peter has been buying for a long time though,and glad to see he said several years ahead,this is just the start.

 

[leonardratso]

30 minutes ago, JMD said:

Tech investing is difficult, sub sectors such as 3d printing doubly so. Tbh I haven't really looked, but maybe the techies on here might be able to comment?

why not just go for the parts, mainly semiconductors? TMSC, SMH, AMD etc etc, none of this will work without the chips, or maybe even further back the foundrys or base material producers.

[JMD]

5 hours ago, Axeman123 said:

100%, it is just that all the best applications I have seen are niche. Examples: moulds for custom carbon fibre airboxes for motorsport used to be cast from a buck lovingly carved from foam, now that buck can be CAD designed and printed. Lost PLA casting allows small batch production of small custom items like jewellery.

The only part of a house they can print is concrete walls, block laying is a tiny percentage of the labour involved in a building. If they could ever print the wiring/insulation/glazing etc as well in a single pass I will sit up and take notice.

What small parts do you regularly need with the surface finish that 3d printing currently gives? Maybe one day...

It is an exciting technology, but I suspect if it ever becomes "the way we make things" the machine will be the size and cost of a current factory. Standardised general purpose factories that can make AR15's one minute and communications satelites the next with no downtime would be pretty cool, and could potentially eliminate most shipping/redundant capacity.

Yes I think that's right and in the main they will remain specialist printer devices to support more and more automation. 

[JMD]

23 minutes ago, leonardratso said:

why not just go for the parts, mainly semiconductors? TMSC, SMH, AMD etc etc, none of this will work without the chips, or maybe even further back the foundrys or base material producers.

I agree, keep things decomplex

[wherebee]

Well, the Moderna share price continues to bump lower.  My canary is looking peaky.

The other thing to bear in mind is that there are more voices now saying that the jabathon mass deaths are going to be ticking up in 2022, to the level where it cannot be concealed again.

If that happens, that would be the BK catalyst.  I'm trying to work out the front indicators of that - what they would look like in terms of the market seeing it and reacting.  Lehmans collapse, for example, was not the event.  The fed bailouts in March were the event, in my view.

I'm wracking my brains how to see the same event marker here, which the market will miss until later.

[Noallegiance]

7 hours ago, wherebee said:

Well, the Moderna share price continues to bump lower.  My canary is looking peaky.

The other thing to bear in mind is that there are more voices now saying that the jabathon mass deaths are going to be ticking up in 2022, to the level where it cannot be concealed again.

If that happens, that would be the BK catalyst.  I'm trying to work out the front indicators of that - what they would look like in terms of the market seeing it and reacting.  Lehmans collapse, for example, was not the event.  The fed bailouts in March were the event, in my view.

I'm wracking my brains how to see the same event marker here, which the market will miss until later.

For me a big steep bear market could be simply market driven.

If the major indices all go parabolic at the same time it could go so fast and hard that panic sets in.

I'm open to the possibility that the indices might resemble a crypto chart.