Lloyds Share Chat (LLOY)

And we're not fans of Putin - that dictatorship is more out of touch than the average.

However, the Ukrainian-Russia matter does go back to their civil war from 1917-1921.

Forsooth you fools. Be off with you. Leave the UK and let us open up the economy and you'll see how much worse off you'd be than paying your fair share of taxation.

Thanks Gazzleberry.

I'll raise a bowl of cereal to you.

Have a good day.

Oh yeah - it's true what said about taxes and law and order. If you want more economic competition and lower taxes it's the easiest thing in the world to get voted through in a democratic country - but existing land rights would be in jeopardy and probably replaced with a completely different system whereby all land is heavily taxed and you have to send so much produce to UK supermarkets per year or the state will take the land off you and give it to someone who recognises that paying a small land tax is a huge blessing for the privilege of working on the land free of fear from vigilante attacks as a result of hoarding something you have no interest in using productively to provide enough food to your fellow citizens who provide you with all sorts of valuable things: doctors, schools, bin collections, sports cars, restaurants, burlesque, music, fire-eating, sport, random conversations, alternative fashions, viewpoints.

And you dare to attack this Conservative government who taxes you nothing on land and ****s on it own citizens to maintain ludicrous levels of inequality to your benefit. Forsooth you fools. Be off with you. Leave the UK and let us open up the economy and you'll see how much worse off you'd be than paying your fair share of taxation.

MV

There is nothing in the world that you have to say that would make me change my mind one iota. Similarly, there is nothing I could say that would change your views even though I am right :-) So I state my view and that is the end of it. I certainly don't feel the need to respond to your reply as they are irrelevant to my life. Simple as that.

It is 10:30ish and there are around 170 posts. Not a single post influences anyone on this board or in the wider world. I have just spent the last four hours in the wind, a little rain, watching buzzards and deer as I walk the hills. I even chatted to a couple of campers who spent last night up there. We are all pi55ing in the wind on here so why not get a life while you still have it. You are not making a difference.

Govt still playing lady bountiful..
"The Welsh Government has outlined plans for a £1600 a month basic income pilot for care leavers in Wales.
All young people leaving care who turn 18 during a 12 month period, across all local authority areas, will be offered the opportunity to take part in the pilot.
https://nation.cymru/news/1600-a-month-basic-income-pilot-for-care-leavers-in-wales-announced/#:~:text=The%20Welsh%20Government%20has%20outlined%20plans%20for%20a,the%20opportunity%20to%20take%20part%20in%20the%20pilot.
The pilot will run for a minimum of three years with each member of the cohort receiving a basic income payment of £1600 per month for a duration of 24 months from the month after their 18th birthday".
https://nation.cymru/news/1600-a-month-basic-income-pilot-for-care-leavers-in-wales-announced/#:~:text=The%20Welsh%20Government%20has%20outlined%20plans%20for%20a,the%20opportunity%20to%20take%20part%20in%20the%20pilot.

"Depends how you define poverty....
Real poverty in the Uk... Hardly exists"

I mean, I define poverty as the definition used by our government. I don't really define it based on some guys feelings on a Lloyds forum.

https://commonslibrary.parliament.uk/research-briefings/sn07096/

"God hates me and my investments "

mach
Depends how you define poverty....
Real poverty in the Uk... Hardly exists

"The only person stoping you earning a decent wedge of money is YOU."

This is statistically untrue. In the United States for example (and I would imagine it's similar, if not as bad, here in the UK), if you are born into poverty you have a 4% chance of escaping it in your life. That is a shockingly low figure.

So for your statement to be true, you either have to believe that 96% of people born into poverty are too stupid/lazy to escape it or you have to understand that there are systemic structures in place that actively prevent people escaping poverty. The latter is the obvious truth and to be honest is well documented. It's called the Poverty Trap and is fairly well studied.

It's also why attacks demonizing the poor for being lazy are not only cruel, but entirely incorrect.

I mean there were horses and steam-powered engines. There were looms and machines which could make basic repetitive motions. It just shows entrepreneurship and free-thinking are actually pretty valuable - once some kind of stability emerges the system tends to carry on that way even if it is highly economically inefficient.

Slavery is a slur on everyone's consciences. I assume the people only were trapped into it by their lack of suspicion/education/knowledge and then found it was too late hide in more remote places whilst they developed better levels of technologies to defend the integrity of their own way of life.

No one seems that smart. Even in the 18th century surely the sugar-cane industry and cotton industry could have been mechanised to a large extent?

Oh dear, I wish I could redeem myself. The Pacific Northwest apparently has the most topological diversity of any area within the USA.

I do apologise to everyone. I had better get back to work which involves material science and improving thermal insulation through exploring different construction techniques/designs.

Gazzleberry.
You appear tired of the older whites mentioning their not-to-bright start to their lives, but could we not say the same to the black and brown people, tell them to stop harping on about slavery and the evil empire. Or at least tell them to get their facts correct on both subjects. Rather as certain Scots forget Scotland asked to join the nasty Union because Scotland was skint, and they lost their money in an attempt to colonise brown people.

Gazzleberry
Yes, blame wealth on being white, in a country that was until recently 99%white.
What do wealthy Arabs put their wealth down to being brown?
Our outgoing chancellor is brown and very wealthy as is his wife also very brown.
You have an obsession with whiteness, why?
If you wish to self-flagellate, feel free to do so.

I would prefer economic cooperation - meeting halfway - over naked greed and brinkmanship. If your assumptions are wrong brinkmanship could easily turn into destruction. But what's the harm in agreeing on a ratio of trade that seems plausible based on recent previous values/trends?

Unless you have evidence their level of productivity has materially altered from what we last knew? That would change the bargaining position I suppose - on the other hand wouldn't they just scale back production to maintain their pricing power?

It's very ego-centric to think we need to make an economic changes - lots of people may imagine things continuing just as they are for another 20 or 30 years.

It's very dangerous ...

On the other hand Anthony if you purposefully broke my favourite toy, or something that has great value to me, and I subsequently had the opportunity to burn down your house (with no one in it / no pets in it) what would your expect me to do?

It's a very dangerous game the markets are playing. More dangerous than the Cuban missiles crisis.

On the other the American Dream is the most beautiful concept I have ever had the pleasure of being introduced to. That anyone can make it to achieve their dream property, car, lifestyle, just through working a 45-hour week and participating in education/professional development is a wonderful notion. No other country in the world promises that and I can't help wonder why the USA is out-bidding what anyone else offers you as an immigrant? Is it really just their culture and they want you to have the same freedoms and economic happiness as themselves - or is it a way of luring huge number of people to work in supporting a hugely rich social empire which has to find ways of continuing to finance all its debts/savings/pensions?

I have never actually been to the USA - but I assume the average living standard is very high - or maybe I have been misled that their national debt is now over $21 Trillion.

It seems to me the USA has used vast quantities of oil from Saudi Arabia, from Iraq, from Venezuela and you have completely exhausted the reserves offshore LA and in many other parts of the USA. Why do you burn through so much crude oil? What on Earth is going on in your economy. Every other country in the world is becoming hugely more efficient - time we see petrol/diesel prices go up to $9 per gallon in the USA. You have been getting subsidised by OPEC for decades and when it's not enough your robbed the Venezuelans. Is it any wonder nobody can trust you and Russia would prefer a nuclear war than to see it's remaining oil and gas reserves pillaged to maintain the Petro-Dollar's stability?

I also think people should be suing their local councils. So many National Parks were closed. Was that a proportionate or rational thing to do?

Was the risk from being out in the fresh air, with the opportunity to veer off footpaths when passing others, greater/or less than the risk of psychological harm from staying in your local area for weeks/months?

The rich were flying about in private jets having parties. It was the biggest economic con/swindle ever orchestrated in my opinion. It was unimaginable that the citizens in a free-thinking democracy would ever meekly fall into line to be economically pillaged/outraged like the denizens in some autocratic state, or some country like the USA which wants the rest of the world to go on funding its national debt of > $21 Trillion!

I also think people should be suing their local councils. So many National Parks were closed. What that a proportionate or rational thing to do? Is the risk of being out in the fresh air with the opportunity to veer off footpaths when passing others greater/or less than the risk of psychological harm from staying cooper up in your local area for weeks/months?

Boris is the master of chaos, of anarchy, of disaster - and you did say Anthony that things have to break before they change.

I was driving about during lockdown and tending to my cultural duties to explore the country and mix with the countryside. So for those of you looking at your charts and economic textbooks working for investment banks and oil-trading companies - believing the media lies and bull**** - who put the price of crude oil down to under $20 per barrel - you were mentally deranged.

As I said - nothing is going to derail the global economy other than nuclear war. And it would have to involve more then 300 or 400 warheads in my opinion. Our species is too vast and too clever and too resilient to economically shrivel up and wither/recede just because of some outrageous price increases / price gouging - there are ways and means to increase the supply to once again balance the natural level of demand.

Oh well, I'm glad they made money. It just shows the economy can't be easily manipulated and we do live in a society with huge amounts of independent thinking and the best ideas are able to attract capital and cooperation regardless of having large numbers of people who disagree for irrational reasons - such as outdated beliefs or being scared of frank and open discussions / taking an active part in civic society - meaning respect, tolerance and recognising there is intrinsic value in hearing opinions/ideas from other people - whether anything tangible eventually comes from them or not.

Hopefully the people who try and manipulate things will realise it's almost impossible - the best way is just to promise everyone a fair deal and to raise average living standards - yes we'll burn more crude/more energy but it's not going to be a problem - there are 400 billion barrels underneath the GoM - we'll all be far better off by making a commitment to global economic solidarity towards rising average living standards globally - no bull****, nor double crossing each other - just a social contract which is fair like a 35-hour working week they had in France in return for all the basics of life - bakeries in every village - cake shops in every village - almost unlimited alcohol/wine - cultural events easy to organise and cheap - better quality housing - higher animal welfare standards - some kind of education about what it means to be a responsible global citizen in a modern inter-connected global economy that gives up some freedoms in return for huge economic benefits, etc.