The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Kat as I explained you haven't been to any of these places, you are completely taken in by propaganda.
Addicknt is correct.
Completely, not 'completes'.
Incidentally, for you to describe the documentary as 'propaganda' is quite shocking and completes demeans the people who are suffering so badly.
If you were paying full attention you'd have realised the reporter very carefully avoided overt bias and it was awarded the Oscar for its objectivity.
Anyway, that's more than enough on this topic.
Kat, tell me where/when I've suggested other wars are not equally barbaric. I was simply referring to the current conflict and the behaviour of Putin, and I did so because that was the topic being discussed.
Sorry, but your post is totally irrelevant.
Ukrainian warcrimes Long before the 2022 war.
46 pro-Russian protestors trapped in the Odessa Oblast Council building and burnt to death. January 2014
Ukrainians have been shelling the breakaway republics since 2014.
"According to the United Nations, 3,404 civilians were killed in the war and more than 7,000 were injured. The vast majority of civilian deaths were in the first two years of the war, while 365 civilians were killed in the six years from 2016 to 2021."
This is not, sadly, shocking or unique, but has been going on tit-for-tat, a long time.
Addicknt et al. Watched 20 days in Mariupol last night, and can recommend it to all. A heartbreaking story, tragedy for the people, a very sophisticated, hard hitting and accomplished piece of propaganda.
And you were shocked, yes shocked, to see it. What planet have you been living on for the last decades ? I can't believe that you have just realised what a total horrific s-show war is.
Where were you in 1999, when NATO was indiscriminately bombing civilians in Yugoslavia / Serbia ?
Where were you in 2003 to 2011, when NATO was indiscriminately bombing civilians in Iraq ?
Where were you in 2001 to 2021, when NATO was indiscriminately bombing civilians in Afghanistan ?
Where were you in 2011, when NATO was indiscriminately bombing civilians in Libya ?
Where were you in 2014 until today, when NATO was indiscriminately bombing civilians in Syria ?
Your hypocritical view on war atrocities ( OK when it's 'them' but not 'us'. ) is disgusting.
Condemn ALL war crimes, or ACCEPT all war crimes. Which is it ?
1984Investor - Otmar Issing was the chief economist who brought in Target 2. It was because they were afraid of all the physical Euros ending up in Germany and not enough left to actually pay governments wages throughout the Eurozone. After he left the ECB he admitted it wasn't a good idea.
Usually a time to trade this when novice gives stupid predictions
Should start to see the price rise into close now, 9p deffo on the cards
Interesting MP, didn’t know about target 2
Surely it’d be easier to just let economies and currencies fluctuate
Maybe the return of dirt cheap Spanish holidays and fists full of pesetas is on the cards
1984Investor - IMHO the EU will collapse when Italy defaults on its Target 2 loans. It threatened to default in December 2017, unless the ECB bailed out it's banking system by buying Italian Government Bonds. Draghi was the head of the ECB (the future Italian PM) bought more than the protocols allowed. Prior to Target 2, the ERM, Currency Snake and the Latin Monetary Union all collapsed when Italy defaulted on its loans. People and businesses in the UK worry about their loans, whereas in Italy the lenders worry about the loans.
Target 2 was brought in to stop all the Euros ending up in Germany, as there's no self-regulation, when countries are all in the same currency. Prior to the Euro, if too much trade went from Germany to Greece for example by buying Mercedes, the Mark becomes stronger and the Drachma weaker. Eventually the price of Mercedes is too high for the Greeks, but Greek holidays become cheap for Germans. In other words the currency self-regulates. Under Target 2 the money is immediately returned to country of origin in the Eurozone as a compulsory loan, with Zero Percent Interest and No Obligation To Pay. It's like an IOU, but not as strong in law as an IOU. IMHO it's a recipe encouraging a default.
Thanks for the heads-up, I will.
Poland only joined to get massive subsidises, the moment they dry up they’ll be off.
We’ve swapped subsidising poorer European nations for subsidising millions of immigrants instead
This nation is totally incapable of putting its own people first. Ever!
Kat, watch 20 Days in Mariupol. You may wake up to the truth about murderous barbarians you support.
If I was an Eastern European country, I would be very interested in rejoining an alliance with Russia, bearing in mind it is packed full of resources and industrious, moral people ( not talking about the elite rulers ), rather than an enfeebled, exhausted, degenerate and bankrupt Western civ.
Hear, Hear '84. Lagarde is literally keeping it going to make it to Friday every week, with the end becoming both inevitable and imminent, hence the unstoppable rush to war.
Bozi - The currency ( please don't call it money ) is being 'destroyed' as the world deleverages and the EuroDollar private pools are destroyed by higher interest rates. Huge amounts of 'capital ' ( read funny money ) were created close to the zero bound, with profitable carry trades and rehypothacation of assets at little cost. God only knows how many trillions have been allowed to roll off when there is a 5% cost to borrowing.
We should all applaud the curtailing of the Ponzi insanity, but it has hit us in the wallet.
I expect the EU to collapse when the next large member pulls out (oooerrrr)
I think they’ll go back to their own currencies and retain some sort of trading alliance, which is what it should have been in the first place
Full Steak Ahead sounds great to me..
Quady: I've often thought that eventually the biggest net positive contributors would form "EU elite" and the Euro will be discontinued. That will be another opportunity for profit taking as repricing adjustments fuel inflation as it did when we went decimal . The rest of the EU will go back to something akin to the Dark Ages, Putin will get his former USSR countries back and no one will stop him.
Jezzoo I have always supported Brexit.
Amongst my friends I predicted it almost 25 year's earlier.
I always said a single currency that was across many diverse economys would be a disaster.
Some would profit some would lose.
Plus you could never take decisions that were best for the individual nation, if you were always basing those decisions on what a third party told you what you could and couldn't do.
We won't be the only nation to leave.
Germany and the Netherlands will follow.
It won't be Italy or Greece, because their debt level is too high and an independent currency would always be linked to the Euro for debt repayment purposes.
What story is that Add? That UK plc valuations in general are at their lowest in many years?
We're seeing this play out perfectly with SOLG - not that i can blame that on Brexit.
So where is all the money going? Stock market liquidity is poor and London is being left behind by other exchanges in the world which forces new IPOs to prioritise other markets.
It's quite a bearish outlook and it has been for a couple of years now.
*full steam, Freudian slip unintended
The eco loons are trying to dismantle farming completely, they want to trash the food supply chain as part of their goals to depopulate and immiserate us.
That the EU have been forced to take one step back is merely due to upcoming elections. After those they’ll be full steak ahead again on agenda 2030
I should have mentioned the flow of inward investment tells its own story. And what happened to all those whingeing CEOs/celebrities who promised to leave these shores if Brexit happened? Think of that awful woman Emma Thompson. What a pity she didn't p1ss off.
Bozi, it would be naive to deny that problems arose, but most companies have now sorted out their trading issues and life carries on.
I absolutely accept the farmers argument. The government has been woeful in its behaviour towards them and all the restrictions, regulations and green b0ll0cks are making life very hard. Just look at the absurd nonsense that the Welsh government is trying to impose. Mind you, the European farmers are in the same boat, but their protests have done much to enfeeble the various governments in Europe...thank god!