Credit deflation and the reflation cycle to come (part 7)

[Pip321]

12 hours ago, ThoughtCriminal said:

Let's all do our surprised face. 😑

So the ‘Action’ charity supported this….£200k etc. And that charity in turn receives donations by government. Is this a charity or a ‘government funded agenda’ and as mentioned who is making money from all this ie housing, legal services, food supply etc etc.

Does it get money from elsewhere or is it all from spurious government departments, public companies etc. 

Are some shady businesses and government depts deliberately sponsoring this and lots of other crap which makes those in charge of those businesses lots of money directly from the tax pot (Ukraine, net zero, immigration, face masks)

I wonder how far some people will go…and I realise takers just keep taking until the host dies. They will literally kill billions on the planet so nudge their wealth up 5%….. whilst gaslighting virtuous causes and talk of democracy.

The access to money for some is balmy…..so what to do? 

I can absolutely minimise what I pay into that pot whilst being careful not to cut off my nose to spite my face. The only problem with doing that is they will just print more money. 

And the Dow keeps climbing….what worries me most is even though it will wipe even some of us out, I increasingly welcome the BK and the day of reckoning. 

[DoINeedOne]

14 minutes ago, belfastchild said:

Been meaning to sell the last of my GSK shares for a while now.
Might just use the dosh to drive around some of the out of the way pharmacies and wee local shops here and buy up liver salts supplies and put them on ebay.
Are you tracking the ebay listings to see if they get any sales?

9 live listings

173 listings sold in last 90 days 

So the sell through rate is great, i bet theres a pallet of that shit sitting somewhere in the backroom of a store

[ThoughtCriminal]

39 minutes ago, Pip321 said:

So the ‘Action’ charity supported this….£200k etc. And that charity in turn receives donations by government. Is this a charity or a ‘government funded agenda’ and as mentioned who is making money from all this ie housing, legal services, food supply etc etc.

Does it get money from elsewhere or is it all from spurious government departments, public companies etc. 

Are some shady businesses and government depts deliberately sponsoring this and lots of other crap which makes those in charge of those businesses lots of money directly from the tax pot (Ukraine, net zero, immigration, face masks)

I wonder how far some people will go…and I realise takers just keep taking until the host dies. They will literally kill billions on the planet so nudge their wealth up 5%….. whilst gaslighting virtuous causes and talk of democracy.

The access to money for some is balmy…..so what to do? 

I can absolutely minimise what I pay into that pot whilst being careful not to cut off my nose to spite my face. The only problem with doing that is they will just print more money. 

And the Dow keeps climbing….what worries me most is even though it will wipe even some of us out, I increasingly welcome the BK and the day of reckoning. 

Some diligent people on twitter did the legwork of tracing the 251 "charities" who are using taxpayer money to take out ads, pay lobbying fees (Bribes) etc in order to opposed the already pathetic Rwanda smokescreen.

Get that in your heads. You're paying taxes to fund groups who are actively working against this country by trying to allow as many third worlders in as possible and to keep those already here from being removed.

Paying tax is now an immoral act.

[Lightscribe]

1 hour ago, belfastchild said:

Been meaning to sell the last of my GSK shares for a while now.
Might just use the dosh to drive around some of the out of the way pharmacies and wee local shops here and buy up liver salts supplies and put them on ebay.
Are you tracking the ebay listings to see if they get any sales?

Yeah that’s sold prices not auctions

[Joncrete Cungle]

Vodafone divvy is in T212

[No One]

4 minutes ago, Joncrete Cungle said:

Vodafone divvy is in T212

BT.A Just landed in my SIPP. I should celebrate, or if you hold the view that the company is giving me back my own capital, I should cry. To each their own.

[Long time lurking]

 

[THE SOUP DRAGON]

1 hour ago, No One said:

BT.A Just landed in my SIPP. I should celebrate, or if you hold the view that the company is giving me back my own capital, I should cry. To each their own.

HL being slow again nothing from either BT or VOD. The dividends don't even show as due in the fact sheets, interims have been omitted and just finals recorded, Don't pay a lot of credence to HL divi percentages but they were a useful source of information when the interims and finals were due. Makes me nervous when they can't get the basics right. 

[Axeman123]

11 hours ago, AWW said:

van-shaped rather than SUV-shaped

I agree. That is the future though.

Every vehicle is morphing towards that shape, people want more interior space but parking spaces etc are a hard limit on increasing external dimensions. Just like skyscrapers in Manhattan etc the only solution to limited real estate is to build upwards, in this case by stacking the passenger compartment on top to the mechanicals so it can run almost the full length of the wheelbase.

A lot of current gen hatchbacks have the base of the windscreen pretty much directly over the front axles, and the mechanicals wedged under the dashboard. That is also why the quarter light window has made a comeback, to resolve the weird expanse between the leading edge of the front doors and windscreen. Everything forward of that is just crumple zone. Sooner or later the quest for interior space within a given external size will win out over the cosmetics of wanting a bonnet sticking out.

[Plan-b]

31 minutes ago, Long time lurking said:

 

Unforeseen expenditure my arse

[Bobthebuilder]

13 minutes ago, THE SOUP DRAGON said:

HL being slow again nothing from either BT or VOD. The dividends don't even show as due in the fact sheets, interims have been omitted and just finals recorded, Don't pay a lot of credence to HL divi percentages but they were a useful source of information when the interims and finals were due. Makes me nervous when they can't get the basics right. 

HL are always slow with cash, not just divis but interest on cash holdings as well, interest is calculated to the 9th of the month but they dont tend to pay it out until around the 15th.

I have just done an ISA transfer into HL, the stocks are showing, but the cash part is still missing somewhere.

[belfastchild]

1 hour ago, Joncrete Cungle said:

Vodafone divvy is in T212

Came home to it in on Aj Bell as well. Makes a fair dent in the losses!

 

Ok, the losses so far...

[Joncrete Cungle]

4 minutes ago, belfastchild said:

Came home to it in on Aj Bell as well. Makes a fair dent in the losses!

 

Ok, the losses so far...

My average buy price is 75.5p. Sometimes being poor has it's advantages

[Sidd]

The good stories don't end with the US economy month on month. This country on the other hand..

https://www.cnbc.com/2024/01/05/jobs-report-december-2023-payrolls-increased-by-216000-in-december.html

[DurhamBorn]

2 hours ago, Bobthebuilder said:

HL are always slow with cash, not just divis but interest on cash holdings as well, interest is calculated to the 9th of the month but they dont tend to pay it out until around the 15th.

I have just done an ISA transfer into HL, the stocks are showing, but the cash part is still missing somewhere.

Its not missing,its getting interest that goes to HL that will then go to me in divis and then my masseuse 

[Boon]

I do wonder if something is causing the media tide to turn against asylum seekers? It seems weird it seems that for once its getting some momentum behind it, and this acid story is a catalyst.

I can't help thinking it's all part of the plan? 

Make things turn to shit while talking hard policy, in the knowledge that Labour will be more lenient and will argue against it. That could sway some voters on the premise that it is shit now, but it could be even shitter.

[Axeman123]

I don't beleive these US job numbers, and suspect by the end of the day the markets won't either.

Silver slammed by 70c/oz is algos responding to headlines IMO.

[Boon]

3 minutes ago, Axeman123 said:

I don't beleive these US job numbers, and suspect by the end of the day the markets won't either.

Silver slammed by 70c/oz is algos responding to headlines IMO.

Yeah
revised lower after a few months,

[sancho panza]

no surprise to many basement dwellers but UK dropping down the corruption league.The standards are set in Westminster,and they're getting lower by the year.

I dread to think where we'd be if they revealed the true depth of what went on during the coof.

Still there are 160 countires below us.Gives the polos somethign to aim for.

https://www.dailymail.co.uk/news/article-13037595/Britain-falls-lower-position-leading-global-corruption-index-Hong-Kong-Uruguay-Denmark-Finland-Norway-table.html

Britain falls to its lowest-ever position in leading global corruption index behind Hong Kong and Uruguay as Denmark, Finland and Norway top table

• UK comes in at a lowly 20th place with a rank of 71/100 - its lowest ever score

The United Kingdom has been given its worst ever score in a global corruption report.

The closely watched annual study by anti-graft organisation Transparency International ranks 180 countries on a scale from a 'highly corrupt' 0 to a 'very clean' 100.

But the UK, which historically had been ranked very favourably by the panel of experts, has in recent years tumbled down the order and comes in at a lowly 20th place with a score of 71/100.

This is a further two points down on last year's total of 73 points, which saw the UK ranked in 18th position - its lowest score since the index began in 1995.

And perhaps more worryingly, Britain has registered a consistent downward trajectory, experiencing a six-point decrease over the past five years. 

Transparency International said this was down to possible corruption in the awarding of PPE contracts during the pandemic as well as the perception that public accountability is weakening.

The Nordic countries meanwhile maintain their position at the top of the pile, with Denmark topping the chart with a formidable score of 90.

Finland resides close behind at 87, with Norway and Sweden sitting in 4th and 6th places respectively.  

[Axeman123]

7 minutes ago, Boon said:

I do wonder if something is causing the media tide to turn against asylum seekers? It seems weird it seems that for once its getting some momentum behind it, and this acid story is a catalyst.

Deprogramming IMO, the mist is clearing at the centres of power and suddenly it is clear that migration isn't automatically equal to economic growth. The computer models that said they were are revealed to be as useful as the COVID ones, if migrants did equal growth we should have so much tax revenue that we need a sovereign wealth fund to park it in and protect the economy from it.

[sancho panza]

SOme interesting stats that very much back up basement thesis- state is too bigly.

Decision facing someone I know.,go full time/get promoted,go to £70k and then,adjsuting for loss of child benefit-£3k),  take home and extra £8500 out of the £20k for all the stress and hassle.

Many are wodnering why they bother?

https://www.telegraph.co.uk/business/2024/02/02/hmrc-becoming-law-unto-itself/

HMRC is becoming a law unto itself

At over 21,000 pages, the UK has the longest tax code in the world.  Hong Kong’s weighs in at a mere 350 pages. The Roman historian Tacitus once observed that “the more corrupt the state, the more numerous the laws”. If he was right, we have a major problem in the UK.

In 2000, public spending accounted for 35pc of gross domestic product. This year, the OBR believes it will weigh in at 44.8pc. This is a staggering rate of growth – much of which has mirrored the decline of the private sector that HMRC taxes to fund this largesse.

Again, in 2000 tax was just under one third of GDP. The OBR now forecasts it rising to a post-war high of 38pc. This undermines the trading and investment position of an open economy like the UK, and will significantly damage our competitive position. 

Honest, decent taxpayers watch the “central planners” waste money like water on vanity projects like HS2 while public services deteriorate at an alarming pace. And when the Government isn’t taking your money directly, it’s eroding its value through Quantitative Easing.

Jeremy Hunt urgently needs to address the size of the state before the 32 million hardworking British taxpayers are ground into the dust by his tax, spend and regulate Government. 

The subset of taxpayers who account for the highest returns are also the taxpayers who invest in early stage, high risk companies. And it is they who are increasingly leaving the UK.

Edited February 2 by sancho panza

[Plan-b]

39 minutes ago, Boon said:

I do wonder if something is causing the media tide to turn against asylum seekers? It seems weird it seems that for once its getting some momentum behind it, and this acid story is a catalyst.

I can't help thinking it's all part of the plan? 

Make things turn to shit while talking hard policy, in the knowledge that Labour will be more lenient and will argue against it. That could sway some voters on the premise that it is shit now, but it could be even shitter.

Asylum is bad enough..

But the real issue is shown with the whole picture up to June ..

The media tide is turning on immigration, I suspect they'll be a few wrist slaps to curb the recent reporting.

https://www.express.co.uk/news/uk/1861544/immigration-uk-population-2036

[JMD]

6 hours ago, belfastchild said:

Been meaning to sell the last of my GSK shares for a while now.
Might just use the dosh to drive around some of the out of the way pharmacies and wee local shops here and buy up liver salts supplies and put them on ebay.
Are you tracking the ebay listings to see if they get any sales?

On this thread we have wine makers, beer brewers, potato growers, and many more food diy'ers...  So why not ----

 

 

Edited February 2 by JMD

[Democorruptcy]

58 minutes ago, Axeman123 said:

I don't beleive these US job numbers, and suspect by the end of the day the markets won't either.

Silver slammed by 70c/oz is algos responding to headlines IMO.

Did anybody else think they heard wailing from somewhere in London when those figures were announced? It might have been Uncle Andrew.

[JMD]

6 hours ago, ThoughtCriminal said:

Some diligent people on twitter did the legwork of tracing the 251 "charities" who are using taxpayer money to take out ads, pay lobbying fees (Bribes) etc in order to opposed the already pathetic Rwanda smokescreen.

Get that in your heads. You're paying taxes to fund groups who are actively working against this country by trying to allow as many third worlders in as possible and to keep those already here from being removed.

Paying tax is now an immoral act.

And i'd put Oxfam in that 'dubious charity' category. I actually used to donate to them but after some thread discussion on here last year, I changed my monthly donation to the below charity.

They operate several hospital ships, staffed mainly by volunteer health professionals from all over who do 3-month + stints. Ok it's founder is American (I searched for a similar British outfit but unfortunately there isn't one)... when I did my research I came across online woke criticism of them somehow being 'parochial and colonial' - which kinda convinced me that they must be doing good work!!

https://www.mercyships.org.uk/

 

Edited February 2 by JMD