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

[MrXxxx]

1 hour ago, ThoughtCriminal said:

Lots of peer reviewed papers on carbs and blood donation for reducing BP

So put a few links here...until you do, your statements could just be further internet 'noise' [no offence meant].

[AWW]

Good spelling and grammar matters; to what extent depends where you're writing.

The standards to which a CV is held are quite different to those to which a forum post is held.

I had really good English teachers at school, so "could of", "would of" and "should of" do grate, particularly when you can hear people speaking those words, but if you're going to ignore people who can't spell, you're going to miss out on a lot of well thought-through info.

Edited March 18, 2023 by AWW
Typo!

[DurhamBorn]

1 hour ago, Castlevania said:

Does this mean no more Ferrari pizza oven chat?

"mothballed"

[AWW]

31 minutes ago, MrXxxx said:

In the same 'light', I have always cautioned that one should never confuse education with intelligence.

Exactly. See: Stephen Fry.

[MrXxxx]

36 minutes ago, ThoughtCriminal said:

Agree with all of that.

 

I eat 95% carnivore because I love the taste and how I feel on it. Typical day for me is venison steaks, half a dozen eggs, sardines. A treat is homemade protein mug cake, almost carb free.

 

The only reason to eat shit is laziness. And I've done it in the past, so not claiming perfection.

 

 

Don't want to 'derail' this thread; noted that the last few pages have started to drift, so can you [we] take this over to the Keto/Long fast thread [in Health section I think]. I am interested that you are eating so much protein, especially when so little evidence is available for any [potential] long-term side effects of a Keto diet.

[King Penda]

9 hours ago, Lightscribe said:

Notice they are only starting to ‘recognise’ the issues that we have highlighted for many years on here.

As the article says the onus is on the tax receipts to cover it and it certainly looks like that will continue to be Hunt’s intention which *will* lead to collapse.

Winding back the money tree when vast swathes of the nation have grown dependent on it is no easy task. You then have the champagne socialists (devotees of St Lineker) and the liberal urbanites (that the city voting demographic mostly consists of) that will majorly push back against any reform.

By the time everyone realises we are nearing collapse, it will be past the point of return for anything to be done about it. Fingers will be pointed and causes will be obfuscated to suit narratives.

Then just like Covid lockdown evangelists finding out the wool was pulled over their eyes in light of the resulting nefarious government actions like the shady PPE deals and coercion text messages etc. It will all just be ignored, swept under the carpet and pretend it never happened.

People got used to the 18 month long covid paid break they also cut back on spending and realised they can live on less or in many cases actually better off

[No One]

9 hours ago, Lightscribe said:

Notice they are only starting to ‘recognise’ the issues that we have highlighted for many years on here.

As the article says the onus is on the tax receipts to cover it and it certainly looks like that will continue to be Hunt’s intention which *will* lead to collapse.

Winding back the money tree when vast swathes of the nation have grown dependent on it is no easy task. You then have the champagne socialists (devotees of St Lineker) and the liberal urbanites (that the city voting demographic mostly consists of) that will majorly push back against any reform.

By the time everyone realises we are nearing collapse, it will be past the point of return for anything to be done about it. Fingers will be pointed and causes will be obfuscated to suit narratives.

Then just like Covid lockdown evangelists finding out the wool was pulled over their eyes in light of the resulting nefarious government actions like the shady PPE deals and coercion text messages etc. It will all just be ignored, swept under the carpet and pretend it never happened.

 

9 hours ago, Joxer said:

ChatGPT?

 

Chat GPT says no. I think that settles it.

@F150 please don't become the Eric Pebble of cars. We get it, you are in the states and you don't like cars because of the way America is cantered around it. But we live in England and we have the classical city layout and also cars and we seem to manage.

 

Edited March 18, 2023 by No One
typo

[Yadda yadda yadda]

10 hours ago, DurhamBorn said:

https://www.telegraph.co.uk/business/2023/03/17/why-jeremy-hunt-has-work-cut-balance-books/

Catching up with us now in the MSM.Notice how its increasing faster and faster.12% soon on a disability benefit.Incredible.Of course the increases are mostly fraud,people whos kids go over 18 and to avoid the welfare cap etc.

Why anyone bothers working to pay for it is the question of the age.

If you didn't laugh you would cry. Increasing benefits with inflation when they're not even increasing public sector wages at that rate is ridiculous.

[King Penda]

10 minutes ago, Yadda yadda yadda said:

If you didn't laugh you would cry. Increasing benefits with inflation when they're not even increasing public sector wages at that rate is ridiculous.

Your not allowed to criticise the poor on benifits they are a protected species with protected characteristics

Edited March 18, 2023 by King Penda

[Red Debt Redemption]

10 hours ago, F150 said:

Did you get that from ChatGPT?

Yes sir 

[Chewing Grass]

17 hours ago, F150 said:

birmingham alabama in 1920s with a population of 150k had a train station with 10 platforms and 90 long distance intercity trains a day, probably 20 tram lines connecting to that station

in the 1960s they demolished the station and it now has a 6 lane highway over the top of it

this is the station in 1960s before demolishing, see all the empty land around it. All demolished buildings so you can park cars there instead, getting ready for proper car braining

 

post card from 1910s, nice bike on the left

inside

postcard from 1909 from a photo when it first opened:

NOW in 2010s, see the tunnel underneath, nice and car brained up

from the back:

 

great job CAR BRAINS!!

which one looks more economically sustainable?

the car brains turned it into a wasteland, like they did in detroit and ironically fucked their own industry over

IIRC Birmingham Alabama was a Coal and Mining town, when the coal ran out of was priced out the place collapsed just like Coal Towns in the UK.

[DurhamBorn]

40 minutes ago, Yadda yadda yadda said:

If you didn't laugh you would cry. Increasing benefits with inflation when they're not even increasing public sector wages at that rate is ridiculous.

I think those who work in the Jobcentres etc have been offered 2%.Can you imagine working there knowing the ones getting dropped off by their blokes in 4x4s etc are getting 10%.I was forced to do 4 hours in a foodbank from my last employer,it was like a football club training ground the cars pulling up.

How do the polos even think its sustainable?.It would be bad enough if 10% of the population was on bennies,but its getting over 50%.I remember when i started work,every year we got RPI plus,0.5%,1% etc,slowly getting better off than bennies.

Most warehouses etc are increasing faster than bennies though,they have no staff if they dont.Its mainly a massive attack on the middle earning.

[Long time lurking]

 

[Yadda yadda yadda]

6 minutes ago, Long time lurking said:

 

 

[King Penda]

12 minutes ago, DurhamBorn said:

I think those who work in the Jobcentres etc have been offered 2%.Can you imagine working there knowing the ones getting dropped off by their blokes in 4x4s etc are getting 10%.I was forced to do 4 hours in a foodbank from my last employer,it was like a football club training ground the cars pulling up.

How do the polos even think its sustainable?.It would be bad enough if 10% of the population was on bennies,but its getting over 50%.I remember when i started work,every year we got RPI plus,0.5%,1% etc,slowly getting better off than bennies.

Most warehouses etc are increasing faster than bennies though,they have no staff if they dont.Its mainly a massive attack on the middle earning.

They get way to much ( not single men or women ) I know what I got until 5 weeks ago and it was 2050 .that’s without all the extras ie 30 quid council tax add on 75 a month if you divide the 3 cost of living payments by 12. There were other legal stunts 150 winter fuel thingy food vouchers man it was unbelievable the shit kept arriving and I’ve always been upfront and honest about it .I’m actually banned from most benefits sites for telling the truth .then next month the whole lot goes up by 10% .the only savings grace was the fact I own my house so no housing benefit.the kids have gone now and I’m going to guess the universal credits claim will be another 360 at least more than I got and that’s before the 10% goes on next month .

[Long time lurking]

 

[King Penda]

2 minutes ago, Long time lurking said:

 

And don’t trust Swiss banks ?

[Axeman123]

30 minutes ago, DurhamBorn said:

Most warehouses etc are increasing faster than bennies though,they have no staff if they dont.Its mainly a massive attack on the middle earning.

Do you think that might be because the warehouse workers are directly contributing to corporate bottom lines, and hence employers have to bend the knee to them? If so IMO the logical conclussion is that most middle earners don't have that wage pricing power, because they aren't adding to the bottom line. I realise that the production of people like teachers and physiotherapists is deferred and hard to track, and I am not attacking those groups per se, but is this just another example of the economy of material/tangible things triumphing over say masses of admin staff with no clear contribution to the bottom line?

Benefits are a total mess though, don't get me wrong. It is perhaps another example of "rise to the top or sink to the bottom, just get out of the churn in the middle" ie contribute nothing on benefits or contribute massively by doing practical tasks, just don't be middle management in the coming cycle.

[King Penda]

3 minutes ago, Axeman123 said:

Benefits are a total mess though, don't get me wrong. It is perhaps another example of "rise to the top or sink to the bottom, just get out of the churn in the middle" ie contribute nothing on benefits or contribute massively by doing practical tasks, just don't be middle management in the coming cycle.

This. It’s exactly the same with pensions it’s all or nothing 

[MrXxxx]

9 minutes ago, Axeman123 said:

I realise that the production of people like teachers and physiotherapists is deferred and hard to track, and I am not attacking those groups per se, but is this just another example of the economy of material/tangible things triumphing over say masses of admin staff with no clear contribution to the bottom line?

Agree, it always seems strange that [some] people are very 'snobbish' about 'The Trades', but if you need your car or heating system fix you need it fixed now whatever the price, whereas other services/purchases can be delayed.

[Axeman123]

5 minutes ago, King Penda said:

This. It’s exactly the same with pensions it’s all or nothing 

They really hate the middle* don't they? 

(*or the petite borgeous as the Marxists would call them).

[No One]

12 minutes ago, Axeman123 said:

Do you think that might be because the warehouse workers are directly contributing to corporate bottom lines, and hence employers have to bend the knee to them? If so IMO the logical conclussion is that most middle earners don't have that wage pricing power, because they aren't adding to the bottom line. I realise that the production of people like teachers and physiotherapists is deferred and hard to track, and I am not attacking those groups per se, but is this just another example of the economy of material/tangible things triumphing over say masses of admin staff with no clear contribution to the bottom line?

Benefits are a total mess though, don't get me wrong. It is perhaps another example of "rise to the top or sink to the bottom, just get out of the churn in the middle" ie contribute nothing on benefits or contribute massively by doing practical tasks, just don't be middle management in the coming cycle.

 

[leonardratso]

2 hours ago, King Penda said:

People got used to the 18 month long covid paid break they also cut back on spending and realised they can live on less or in many cases actually better off

yers, i enjoyed my 2 year holiday, saved me literally 10s of thousands on fuel/car maintenance/car replacement.

[Axeman123]

4 minutes ago, MrXxxx said:

Agree, it always seems strange that [some] people are very 'snobbish' about 'The Trades', but if you need your car or heating system fix you need it fixed now whatever the price, whereas other services/purchases can be delayed.

The indoctrination throughout school that everyone should be a graduate since Blair has given young people a totaly dellusional idea of what the economy can absorb productively and hence reward. You could even argue that the proliferation of diversity etc roles is largely a make-work scam to create jobs for them all. Certainly after paying for uni it would be a crushing blow to start from square one in the trades, and potentially even apprentice under someone the same age who went straight in from school. Few men would swallow that bitter pill while ever they had the alternative to pretend they were middle class.

I agree about when the heating goes down you have to pay etc, but if you think about so many things over the last few years they have been attempting to substitute for not having the right kind of skilled trades eg if your car breaks the lack of skilled mechanics to diagnose has been substituted for with just part-swapping until it fixes it self. All those imported replacement parts then generate paper shuffling jobs for graduates. Even central heating has seen a shift to parts swapping and "just get a whole new boiler" mindset. I am not saying this is happening in isolation, just that maybe the wages are a pricing signal - the economy trying to heal itself.

[Shamone]

1 hour ago, DurhamBorn said:

think those who work in the Jobcentres etc have been offered 2%

This has not gone unnoticed, I can assure you. When I first started work in the pubic sector in the 90s it was a total piss take but some work did get done. Now, it’s beyond belief. Everyone has given up. They all cite the pay compared to people on benefits and the gimmigrunts getting hotels. Surely people here have noticed how nothing in the pubic sector works? Even the managers don’t give a shit. I like working, need the structure, but I reckon I could get away with probably doing 20% of what I do before anyone noticed. It’s unbelievable.