Lloyds Share Price (LLOY)

Ah, another day of freeform essays that no one will ever read. Why do you waste your time?

Kurrupt competition benefits nobody but the winning companies' shareholders and senior management. The energy companies are not suppliers (they don't generate electricity or drill for gas); they are just speculators on the market. When their gambles win, we pay; when they lose... we pay.

We pay twice over - when the energy suppliers go bankrupt, and when the infrastructure suppliers can't cope and we're forced to send in the army. Energy is a natural monopoly - privatisation has failed.

One has to ask whether these now-bust energy companies had sufficient funds to pay dividends as well as maintain a treasury able to withstand price shocks. If not then dividends should be clawed back and directors investigated for the decisions they made. It seems to me that some of them went bust remarkably quickly!

The regulator price caps the supplier (the entity which is in a far better position to understand the true levels of future demand and future supply). So nobody will invest in the supplier as it is price capped. When the supplier goes bust the regulator blames it for not having enough capital. But you can't raise capital in a free-market when you are price capped because nobody would be foolish enough to invest capital in you.

So you'd think the regulator would pay the debts after the supplier went bankrupt (because it was the regulator's fault). But no ... according to the media the ordinary hardworking citizens will pay an extra £85 each. So, I'm done with these fools.

"Energy supplier collapses to cost households £85 each, Ofgem warns."

I'm done with these fools. The regulator price caps the supplier (the entity which is in a far better position to understand the true levels of future demand and future supply). So nobody will invest in the supplier as it is price capped. When the supplier goes bust the regulator blames it for not having enough capital. But you can't raise capital in a free-market when you are price capped because nobody would be foolish enough to invest capital in you.

So you'd think the regulator would pay the debts after the supplier went bankrupt (because it was the regulator's fault). But no ... according to the media the ordinary hardworking citizens will pay an extra £85 each.

"Energy supplier collapses to cost households £85 each, Ofgem warns."

So that's it. I'm done with these fools and I'm done with the UK. If anyone can fault my reasoning above please reply and hopefully I will find time to check for replies either tomorrow or Sunday.

https://fullfact.org/online/boris-johnson-eu-quote/

LTI,
We will vote for BJ, he was pro European, but to get to power he has to change
His color and lead a false campaign for the Brexiters....or, Shall we vote for Gove, he is very loyal and honest to his Party and it's leader....By the way, I am not labour supporter, just
Socialist.