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

[HousePriceMania]

19 minutes ago, Sugarlips said:

 

[ThoughtCriminal]

The Dutch farmers party is now second in the polls from nowhere.

 

The CIA will have to put a double shift in now.

[THEFREEMAN]

36 minutes ago, CannonFodder said:

DXY approaching 107, likely hit it tomorrow.

FED cant tighten into this shitshow

Why can’t they tighten

i want the dxy at 200, it would make moving to Alabama worth it

[Froggy2000]

2 hours ago, DurhamBorn said:

5,4,3,2,1 engines engaged,,,,,maybe

 

I was keen on buying Turkcell around $3 but laziness and disorganisation meant I left it until last week 

[Barnsey]

1 hour ago, working woman said:

I clicked on the Guardian link for the story about the resignations.  It also had a story on how the Govt. are planning to start public briefings on the Economy, like they did with Covid, covering inflation and the cost of living crisis and how they are going to deal with it etc.  They are looking for a Chris Whitty type character who knows their economic onions to explain the situation to the public but are struggling to find someone. Not good.

I reckon a few here could do it. Any volunteers?

[Democorruptcy]

1 hour ago, working woman said:

I clicked on the Guardian link for the story about the resignations.  It also had a story on how the Govt. are planning to start public briefings on the Economy, like they did with Covid, covering inflation and the cost of living crisis and how they are going to deal with it etc.  They are looking for a Chris Whitty type character who knows their economic onions to explain the situation to the public but are struggling to find someone. Not good.

I reckon a few here could do it. Any volunteers?

It needs someone who can fool the cat public

 

[DurhamBorn]

1 hour ago, Don Coglione said:

Go on, @DurhamBorn - think of the pension!

Id last a day,iv put my hand up many a clout in a club im afraid,plue one i de-flowered and then ended it with is in the SNP and i wouldnt want my family hearing it all on the BBC.Not the shagging and dumping her,but the fact i paid for a posh meal and poth hotel.Ruin my frugal reputation.

Politics following the macro as usual.Dishi knows we face systemic collapse if Boris stays with his policies.Boris is finished,but he should really resign tonight.Yes Dishi is getting out before the collapse,but to be fair to him he might save us from that fate if/when it removes Bojo.

I must say though,what a waste of a landslide election win.Boris has been shocking.

[sleepwello'nights]

2 hours ago, Bobthebuilder said:

I have a feeling they know what's been going on, probably have been having the same conversations that we have on here.

But walking away? Shows what cowards they really are.

 

Those two are still culpable for their actions. Savid Jabbid for pushing the experimental injections and still pushing them, and Rishi Sunak for being the most socialist chancellor that the UK has ever had. 

[Talking Monkey]

15 minutes ago, DurhamBorn said:

Id last a day,iv put my hand up many a clout in a club im afraid,plue one i de-flowered and then ended it with is in the SNP and i wouldnt want my family hearing it all on the BBC.Not the shagging and dumping her,but the fact i paid for a posh meal and poth hotel.Ruin my frugal reputation.

Politics following the macro as usual.Dishi knows we face systemic collapse if Boris stays with his policies.Boris is finished,but he should really resign tonight.Yes Dishi is getting out before the collapse,but to be fair to him he might save us from that fate if/when it removes Bojo.

I must say though,what a waste of a landslide election win.Boris has been shocking.

Dishi was terrible too DB.

[DurhamBorn]

3 minutes ago, Talking Monkey said:

Dishi was terrible too DB.

Yes he was,horrific,but someone has to take Bojo down.

Zahawi chancellor then PM like John Major? 

[Talking Monkey]

4 minutes ago, DurhamBorn said:

Yes he was,horrific,but someone has to take Bojo down.

Zahawi chancellor then PM like John Major? 

An Iraqi born PM, things are getting well weird, can you imagine thinking that 20 years ago

[CannonFodder]

We'll get an idiot like Liz Truss or Ben Wallace rather than anyone economic

[The Grey Man]

2 minutes ago, CannonFodder said:

We'll get an idiot like Liz Truss or Ben Wallace rather than anyone economic

If they follow the plan that is all that is needed.

I suspect this current blip will be patched over with useful idiots.

The Tory party setting up for a big infight this next several months in my view. 

If only there was something they could rally around...

 

 

[HousePriceMania]

5 minutes ago, CannonFodder said:

We'll get an idiot like Liz Truss or Ben Wallace rather than anyone economic

Who will be only too happy to bring in fat boys 50 year intergenerational mortgages. 

 

Any decent person would decline fat boris offer and tell him to stand down 

 

Surely he can still be on office past friday 

[DurhamBorn]

3 minutes ago, HousePriceMania said:

Who will be only too happy to bring in fat boys 50 year intergenerational mortgages. 

 

Any decent person would decline fat boris offer and tell him to stand down 

 

Surely he can still be on office past friday 

Zahawi might resign if he doesnt get chancellor 

[HousePriceMania]

Stock market crash tomorrow? 

1 minute ago, DurhamBorn said:

Zahawi might resign if he doesnt get chancellor 

How many mortgages do they have? 

[HousePriceMania]

 

 

Wtf is going on 

[ThoughtCriminal]

In America's backyard.

 

Putin's just trolling now lol

[The Grey Man]

6 minutes ago, HousePriceMania said:

 

 

Wtf is going on 

Were fucked.

[Democorruptcy]

4 minutes ago, DurhamBorn said:

Zahawi might resign if he doesnt get chancellor 

I thought Zahawi might get Health given his role in the jabs but it's being reported Steve Barclay has got that. Barclay used to be Chief Secretary to the Treasury like Sunak had been. They're doing it wrong!

[CannonFodder]

 

Well thats a massive FU to Turkey, as Zahawi supports Kurdistan and is a Kurd himself.

Also a member of  Le Cercle, a club said to be funded by the CIA

[sancho panza]

4 hours ago, moneyscam said:

I just don't see how predictions of $200 or the crazy $380 JP Morgan per barrel recently cited as targets are reachable never mind sustainable with such demand destruction. With countries like Germany already talking about rationing in the middle of summer I feel this was the right call and I haven't really missed out on much upside in the major oilies. Good luck to those of you still in a sector which I still like but won't go back into until yields are >6%.

 

Lyn Alden made that point that whilst possible,the demand destructiona ccompanying would take it down pretty quickly.

With the oilies,it depends what you're in at I guess ,we're somewhere around £13 on Shell, £3 BP etc.DOn't get me worng,with every decent run up I offload something,this time it was Repsol, but all I did was your trick of deploying into antoehr stock with a decent yield ,in this case some telcos and ENI.

WHislt I take your point about limited upside MS(and I do),there's also limited downside too.I'd rather take my chances in a big oilie than sterling with the current crop of bungling muppets runnign the country.recently I've started looking at China and thinking along the lines of..

'well,at least there's an air of honesty to their corruption and totalitarianism'..

I think hiding your moeny-an issue you've rightly raised this last few pages-is becoming a biggie.You can't sit in sterling with CPI running near 10%.

We're reaching that point where you're forced to play the game even if you don't want to and it's a case of picking your posion.For you it's CHF amongst others,for me,oilies/goldies/baccy/comms( and with the way Yara is headed,maybe buy some potash back).

Last thing I want exposure to here ie cash,particualrly the Boris/Rishi toilet paper version

[Loki]

WTI below $100

 

[CannonFodder]

Lol - our new chancellor's wiki page gets better and better

[sancho panza]

49 minutes ago, DurhamBorn said:

Yes he was,horrific,but someone has to take Bojo down.

Zahawi chancellor then PM like John Major? 

They're going to look under a lot of stones for the next Tory leader and then pick an utter cunt that'll make that lockdown loon Starmer electable.

Just my views,dyor.

Can't stand the lot of them.I'd vote for the Dutch Farmers party right here and now.