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


spunko
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sleepwello'nights
16 minutes ago, DurhamBorn said:

I can tell you it is true,very very true.Not only have container costs from Ningbo to UK gone from £2k to £15k you also pay VAT on them,and the lorry costs.If i imported a £23 Firepit FOB from China the shipping,VAT,customs,lorry from port here to me used to add round 50%,so around £34 a unit i sold for £70 - Amazon fees and courier so around 70% net profit.

 

Granted a large increase, but it isn't 900% as quoted in the BBC article for the toys. They must get thousands of units in a container. I can't see such a large cost for each toy.

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DurhamBorn
10 minutes ago, sleepwello'nights said:

Granted a large increase, but it isn't 900% as quoted in the BBC article for the toys. They must get thousands of units in a container. I can't see such a large cost for each toy.

I think they must of been on about something like a sit on car or something,,anything bigger than say 30cmx30cmx50cm will of seen costs explode.Its shocking actually how high costs have gone,im really pleased i saw half of what was coming and got out.It was really stressful as well,you get some customers who you would rip there faces off if they were in front of you.The problems i had to firefight tested me thats for sure.

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Just now, Agent ZigZag said:

Thats what working does for you. Its shite. Since I have retired I sleep better, eat and exercise better. A new world order for me. I tuned in and dropped out:Beer:

Work has been unrewarding for me. If it wasn’t for the laughs on site it would have been totally shit. Mate told me today that 2 a week commit suicide involved with cuntstruction. ( can someone on here confirm) . My mate is in cuntstruction.It’s full of wankers. Agencies being a real point of contention. 

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Bobthebuilder
8 minutes ago, Agent ZigZag said:

Thats what working does for you. Its shite. Since I have retired I sleep better, eat and exercise better. A new world order for me. I tuned in and dropped out:Beer:

When you run your own business or act as a sole trader, you have no boss, but the customers can be cunts and its you that has to deal with them. Cannot pass it on to someone in the office.

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Bobthebuilder
8 minutes ago, Phil said:

Work has been unrewarding for me. If it wasn’t for the laughs on site it would have been totally shit. Mate told me today that 2 a week commit suicide involved with cuntstruction. ( can someone on here confirm) . My mate is in cuntstruction.It’s full of wankers. Agencies being a real point of contention. 

I have a neighbor that works for a big cunstruction company. He does ground drainage, but talks like he knows everything to do with building works. He wouldn't last 5 minutes in a domestic building situation if he had to deal with the customer rather than the management.

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1 minute ago, Bobthebuilder said:

I have a neighbor that works for a big cunstruction company. He does ground drainage, but talks like he knows everything to do with building works. He wouldn't last 5 minutes in a domestic building situation if he had to deal with the customer rather than the management.

I’ve met em. It’s great quizzing them. Pull the pin, roll it in, let em come out with “ I did… I’ve done… blokes an idiot…” type shit, then ask about their life…. Then in for the kill. Love it. I find I have enough to take the piss out of em. Goes for domestic, commercial types. I can make or break my day. I get what your saying. 

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sleepwello'nights
12 minutes ago, Bobthebuilder said:

When you run your own business or act as a sole trader, you have no boss, but the customers can be cunts and its you that has to deal with them. Cannot pass it on to someone in the office.

Many self-employed say better a 100 idiot customers than one idiot boss!

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10 hours ago, DurhamBorn said:

Suicides due to lockdown and the local Mcdonalds more likely than vaccines.I was out yesterday and the state of half the young lasses,hugely overweight and walk the speed of snails.

And I thought Viz's 'Fats slags' was a parody?....a premonition before its time!

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ThoughtCriminal
12 minutes ago, Hunty said:

Not sure if this is relevant. My eldest brother retired 6 weeks back, turned 66 in September.

He lived his life like everyday was the last, never a thought for the future, worked every day from 16 to 66, I actually don't ever remember him getting sick. He pissed most of his cash up the urinal, invested the rest in easy lady's. His last wife took his house and the car.

He's rented the last 15 year's, just a flat, but perfect for a single man. When he retired I thought, well waited for the knock at the door. I would have put him up if only for sloppy seconds, he's a charmer.

F**k how wrong was I. His rent is now paid, no council tax, bus pass. 180 quid a week. He was only on 8.79 an hour when working, 40 hours a week. Don't think he's no worse off.

I guess he's used to living on x amount which is the secret. Want for little and enjoy you're free time is the secret. Ignore the media noise about needing this and that for retirement. Unprogram yourself from the state mind games.

Amen to that 👍

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Cant but help think this making money from shares is getting a bit too easy, SIPPS up to 157k, which is about 20% in just a couple of months ... and after many years on planet earth i'm a firm believer that making money is never so easy.

Time of reckoning can't be too far away, as after my trip overseas this week, planet earth seems fucked, and there is zero chance i'll ever be holidaying in Europe in this life time.

 

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2 hours ago, Hancock said:

Cant but help think this making money from shares is getting a bit too easy, SIPPS up to 157k, which is about 20% in just a couple of months ... and after many years on planet earth i'm a firm believer that making money is never so easy.

Time of reckoning can't be too far away, as after my trip overseas this week, planet earth seems fucked, and there is zero chance i'll ever be holidaying in Europe in this life time.

 

yeah.  I'm up 40k on a 200k pot since about a month ago. 

 

That's not right.  As in, seriously not right.

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If you're making money, you're working for someone. And have to deal with all the shit that comes with it.

Who'd like some inflationary anecdata? People are slowly returning to the office in the City, and the services around them are coming back to life. Great chicken satay shack on Petticoat Lane, pre Covid £5 regular, £6 large. Today £7 regular, £8 large..Still a queue a mile long and similar increases going on in the area. Two pints of beer? Would have been less than a  tenner pre Covid, now you'll be paying north of £12. Pubs banged out Tuesday to Thursday.

Yes, I know, you can get two pints of best and a slap up meal for a tenner in Keswick.

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2 hours ago, Hancock said:

Time of reckoning can't be too far away, as after my trip overseas this week, planet earth seems fucked, and there is zero chance i'll ever be holidaying in Europe in this life time.

Oh well, fuck it. We've been on three camping holidays this year. Cost less than going abroad, was easier than flying to a hotel, kids had as much fun as they'd have anywhere. I'm quite happy to stay in the UK for a few years until the rest of the world finds its marbles.

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Castlevania
4 hours ago, AWW said:

If you're making money, you're working for someone. And have to deal with all the shit that comes with it.

Who'd like some inflationary anecdata? People are slowly returning to the office in the City, and the services around them are coming back to life. Great chicken satay shack on Petticoat Lane, pre Covid £5 regular, £6 large. Today £7 regular, £8 large..Still a queue a mile long and similar increases going on in the area. Two pints of beer? Would have been less than a  tenner pre Covid, now you'll be paying north of £12. Pubs banged out Tuesday to Thursday.

Yes, I know, you can get two pints of best and a slap up meal for a tenner in Keswick.

If I have the correct place I used to frequent there when it was around £4 - maybe £4.50 for a large.

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JimmyTheBruce
13 hours ago, Noallegiance said:

I love this.

The market deciding what's best for practicality. MPs and the cabinet should take note and fuck right off.

They can't fuck off, they're busy creating temporary visa schemes for any industry that shouts loud enough.  One wonders if we can do anything in this country other than just import foreigners.

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11 hours ago, Bobthebuilder said:

When you run your own business or act as a sole trader, you have no boss, but the customers can be cunts and its you that has to deal with them. Cannot pass it on to someone in the office.

"I started my own business so I could be my own boss. Now every cunt thinks he's my boss"

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