The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
We are spending about 2 and 1/2 more as % of GDP on Health care then were 30 years ago as a country, from 5% then to 12.5% now. that is a massive change and reflected in a reduction is all the other governments departments and increased taxes.
Maybe pensioners should continue to pay NI as they are the biggest users of the NHS?
These are really complex issues and spending tax money is a zero sum game when you spend one why, you lose out another.
Total healthcare expenditure as a share of GDP in the United Kingdom from 1980 to 2022.
2021 12.4%
2020 12.2%
2019 10%
2018 9.7%
Less and less workers, more and more elderly, care like all health care is taking more and more of the national tax spend, leaving less and less for investment, education, military, police, roads etc etc....
We have a massive problem in this country with long term sickness of people of working age.
Most people money is tied up in assets and the elderly are generally much better off than the young.
Nothing stopping anyone from taking out insurance against care costs.
WOW big drop for absolutely no reason at all, very odd for a company this size, massive over reaction on share price.
Not expecting another peak until Q3 results, but was expecting 170-180 range in the meantime.
Well I am looking for a Retirement out I had really big RR holding ridden from 90p to 185p, all those eggs are in IAG now, as Q3 is 80% booked already, so over £2 maybe £2.30 at Q3 results is my aim.
Https://www.hl.co.uk/shares/shares-search-results/i/international-consolidated-airlines-cdi/share-research
If you want to read their research. :)
"IAG now expects full year underlying operating profit to be above the top end of previous guidance, of €1.8bn - €2.3bn."
Posted by HL IAG research 3rd May 2023, fingers crossed for a jump like RR just did, as the share price is back at May levels when this was posted.
So as many of the LTH will know, a few years back I did very well out of then Oilex, around £100k up, and cashed out. I liked the RR story and suggested on here it was good COVID recovery stock, so the money and more ended up there, just cashed out Rolls Royce for a 100% return today, Happy days.
I still have about 80m Synergy shares., they need to sort this out, and stop giving away our money.
If your interested most of my portfolio is in IAG now, which is issuing results on the 27th hoping for a similar rise there, target is £2.00+ for many brokers and it is sitting around £1.50. Planes are flying again, IAG is BA owners, as well as others.