Credit deflation and the reflation cycle to come (part 5)

[spunko]

Carrying on from Part 4:

 

[Loki]

New year, new thread, new '3 - 6 months' 

[Jay]

I wanted to be first poster on the move over

[Jay]

Ok Loki beat me.. my only consolation is my new Tesla short is in the money..quickly..be lucky..

[No One]

14 minutes ago, spunko said:

Carrying on from Part 4:

 

New one already?

 

Edited January 3, 2023 by No One
Edit: 3rd place

[Long time lurking]

[CannonFodder]

Regards Poly and friends, Russia will likely launch a major push probably next week - the 10th of Jan would be my bet.

 

[Loki]

Just now, CannonFodder said:

Regards Poly and friends, Russia will likely launch a major push probably next week - the 10th of Jan would be my bet.

 

[twocents]

1 minute ago, CannonFodder said:

Regards Poly and friends, Russia will likely launch a major push probably next week - the 10th of Jan would be my bet.

 

All the talk about Poly.

.

[manservantjerkins]

I am up 73% on POLY in my ISA...

...And down 54% on a much larger chunk in my SIPP

Almost achieving net zero.

I finally get it now. Now I want all YOUR money. I think I'll get into politics.

[HousePriceMania]

How many threads before the UK economic collapse ?

https://www.tickcounter.com/countdown/3628901/uk-economic-collapse

Any revision on the date @DurhamBorn ?

 

[DurhamBorn]

1 hour ago, HousePriceMania said:

How many threads before the UK economic collapse ?

https://www.tickcounter.com/countdown/3628901/uk-economic-collapse

Any revision on the date @DurhamBorn ?

 

Interesting to see in what order things collapse.So far dentists and the NHS could be counted as gone,what next?.Care homes?.BTL sector so millions looking to rent but nothing there?

[One percent]

8 minutes ago, DurhamBorn said:

Interesting to see in what order things collapse.So far dentists and the NHS could be counted as gone,what next?.Care homes?.BTL sector so millions looking to rent but nothing there?

Even if the btl sector collapses, and I sincerely hope it does, the houses will still be there.  

[AlfredTheLittle]

12 minutes ago, One percent said:

Even if the btl sector collapses, and I sincerely hope it does, the houses will still be there.  

Government is giving out tax breaks for turning them into holiday lets.

[Axeman123]

18 minutes ago, DurhamBorn said:

Interesting to see in what order things collapse.So far dentists and the NHS could be counted as gone,what next?.Care homes?.BTL sector so millions looking to rent but nothing there?

Road maintenance has been failing for a long time in the UK. I think the next stage will be traffic signals being switched off to save energy, or left unrepaired after failing. Similarly maybe we will see minor foot and road bridges just cordoned off indefinitely once repairs come due.

Just a general third world meets health and safety theme.

[ThoughtCriminal]

Well well well.............. 

[One percent]

10 minutes ago, AlfredTheLittle said:

Government is giving out tax breaks for turning them into holiday lets.

Yeah but, no one is going to be able to afford to go on holiday. 

[ThoughtCriminal]

19 days oil left in the Strategic Reserve 🙊

[SpectrumFX]

3 minutes ago, One percent said:

Yeah but, no one is going to be able to afford to go on holiday. 

There'll probably be some sort of holiday allowance for people on benefits. These people have human rights you know.

[One percent]

1 minute ago, SpectrumFX said:

There'll probably be some sort of holiday allowance for people on benefits. These people have human rights you know.

They have more rights than those standing on their own two feet, that’s for sure. 

[Calcutta]

19 minutes ago, Axeman123 said:

Road maintenance has been failing for a long time in the UK. I think the next stage will be traffic signals being switched off to save energy, or left unrepaired after failing. Similarly maybe we will see minor foot and road bridges just cordoned off indefinitely once repairs come due.

Just a general third world meets health and safety theme.

The roads is a good call, AFAIK there is still a pretence that potholes might be repaired, but it's really not fooling anyone anymore.

My personal event horizon will be rubbish collections. Around here they've already gone onto fortnightly collections, started missing out as many bins as they can and given up emptying litter bins. It won't be long before they either go on strike or get sacked, then it's a matter of time before the locals discover how much easier and more fun it is to pile up garbage in the street and burn it for warmth. 

That's it then, this is India, game on.

[Lightscribe]

33 minutes ago, Calcutta said:

The roads is a good call, AFAIK there is still a pretence that potholes might be repaired, but it's really not fooling anyone anymore.

My personal event horizon will be rubbish collections. Around here they've already gone onto fortnightly collections, started missing out as many bins as they can and given up emptying litter bins. It won't be long before they either go on strike or get sacked, then it's a matter of time before the locals discover how much easier and more fun it is to pile up garbage in the street and burn it for warmth. 

That's it then, this is India, game on.

Exactly. I’m way ahead of you bro .

[M S E Refugee]

With excess deaths running at 1500 per week I am buying Dignity to add to my US funeral provider Service Corporation International.

I'm also buying more Begbies Traynor who deal with liquidation of businesses amongst other things.

Unhappy New Year!

[DurhamBorn]

1 hour ago, One percent said:

Even if the btl sector collapses, and I sincerely hope it does, the houses will still be there.  

They will,but i doubt the thousands of southern benefit claiments who keep moving north and renting will be buying them.It will cut off all of those moving north so the sooner it happens the better.Of course the worry is the local ALMOS start buying them.

Edited January 3, 2023 by DurhamBorn

[reformed nice guy]

https://www.investing.com/news/stock-market-news/att-blackrock-to-form-commercial-fiberoptic-platform-2969718

AT&T Inc (NYSE:T) and fund manager BlackRock Inc (NYSE:BLK) are forming a joint venture to operate a fiber-optic platform in the United States, the companies said on Friday. The venture, Gigapower LLC, plans to deploy its network to an initial 1.5 million customer locations

More money being poured into telecoms by Blackrock et al.

 

To throw in an anecdote, a private business that I know about that I never expected to go under (big margins) has went into administration, being sold as a going concern. "Cash flow difficulties".