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Daytradenovice just read your post at 13:00.
supercalifragilisticexpialidocious!
Billybigwig your la kebab terminology (economy) made me lol thx
Absolutely, you'd have thought we learned that lesson here with covid and the chinese Ppe purchases, but nah. "lessons learned" translates to head in the sand/f'ck it lets wing it again.
ps, see some bright spark has invented a biodegradable Covid test kit now, very clever, but far to bloody late. Humanity will be the death of itself.
Troajan..yeah spot on think a big lesson has been learned across the globe more self sufficient in each country is on the cards Russia will have to go a very lo g way over the years to gain any trust
daytrader
crafty blighterstoo.
after bankscrashed and they bailed um out with QE,using that fanny and freddie as an holdings bad banks
a few years later,they sold them mortgage backed securities,which were now worth,more than they paid for um.
cant remember what the fed made,a few hundred million,or was it in billions.
no doubt,it'll be google able
credit,where credit's due.
Absolutley right Troajan, they always come out smiling and on top in the end.
Theres a big difference between our countries (actually zillions) but one i note most is their 'can do' attitude which compares much better with the UK's negative 'cannot' attitude.
Whilst we have committee meetings, HSE meetings, investor meetings, red tape, beaurocracy, sell now make a pound rsther than develop and political interference lead by bafoons etc etc, they just take a risk and get on and try things, some fail and some are successful - the point is they have a go and are more entreprenuial, more business like and it works.
We sit here making excuses blaming everybody else and stand in queues moaning about the weather.
billy/daytrader
over the pond?
the yanks wont implode,theyre too clever with macro engineering.
what ever could gowrong,they'd invent an instrument,to work in their favour...like qe
even oil,they're coining it in.
and now military spending,in thewest,they'll make a mint,out of it
wheat/corn?..they'll benefit from that supply constraints
and in 2 years time,they'll be no1 semi conductor producer.....coming from nowhere atm
It's on the cards day
Never heard of him bill lol.
Go buy yourself some solar panels with that dosh pile, batteries as well if you fancy a spendup.
My electricity bill is £41.67 per Quarter (fixed rate ends in March 23, when the scumbags are doubling the standing charge) so guess it'll go up by around £20 1/4.
Better off buying yourself a cost saving asset than having the pocket picked more and more forever
Day..totally agree with Everything
it certainly would Billy. Trouble is people have been living on the 'never never' for years, too many people cant be bothered to earn the money for all the things they now seem to demand as a right. A rebalance of this stupidity is neccasary and overdue in my opinion.
When i was a kid i drove a **** first car (Hillman Imp lol) it was what i could afford for the first year. Nowadays kids drive round in brand new leased vehicles, people want multiple foreign holidays in a year, Sky Tv Netflix and Disney - often all at the same time. Then theres the £1000 phones that everybody has noses glued to 24/7. Kids leave school wanting to be a 'gamer' or write another pointless 'app', and we all (you can guess i dont) worship the latest moronic 'celebrity' who simply flashes her baps and becomes the worlds most money magnet.
Its all gone a bit stupid.
No countries invest in their infrastructure, no new power stations, essential industries are left to fall to bits or flogged off. We'd sooner spend taxpayers money supporting 'trendy' things like cycle routes going nowhere, lifestyle choice events like Pride, £1/2 million pound inquiries about cheeseboards and other absolutle wastes of money and pointless distractions.
The longer the public put up with all this sort of nonsense the greater the harm of the eventual payback.
People have for years had an oppertunity to take control of lots of these issues into their own hands, and most frankly havent bothered. It grieves me to see people blame others for a lot of their own lack of forethought.
An example, One or two years of current electricity bills would have bought you solar panels and a very low bill forever onwards a few years ago. Hardly anybody bothered. New £1000 phone seen as more important, but it wasnt at all.
There's a few worrying prospects on my mind energy bills set for £2600 price cap in October (we're already at £3000 a year...petrol/diesel could go to £2 plus a litre..housing market collapse then builders will take markets down its a sh.it sandwich rapped inside a shi.t kebab baked in a shi t pie all on a shi.t storm
A big plunge across the pond would send world market to the bottom of the ocean it would be a nightmare for months
Better to have a regular and slow deflation over the pond than a sudden big plunge though. Been due for a long while now.
kentboy
asos...https://www.lse.co.uk/ShareChart.asp?sharechart=ASC&share=ASOS
that's one steep downtrend and its far from bottoming out.
anyway,nice one,on the trades,idont tend to day trade,tooooooo old.lol.
like jeff currie,says on that vid,when china comes back online,next month,the oil supply constraints,will resume
so oil/gas...is probably a safer place,in a bad market
kentboy
yeah
gonna be testing time for the rest of this year
good for traders,no so good,for invester types
just lately,all we're seeing,is say
3/4 down days
then a bounce
2/3 down days
then a bounce
so the trends still not our friend and its even worse,in the non commodity sector.
or dire in the tech/crypo sectors.
as musk found out
same everywhere kentboy
from 2010,up until 2020 say,the worlds been in a bull cycle,the 10 year average,
a correction,was expected and now we've got one
but how long will it last?
qzqz
8 down weeks on the trot,think its on the dow,but could be the s and p
the longest weekly drops,since 1920
says cnbc,10 mins ag0
goldmans currie....on oil/gas/origami
https://www.cnbc.com/video/2022/05/20/our-upside-is-125-on-crude-as-we-go-through-the-summer-months-says-goldmans-currie.html