Member Info for Love_You

At least I don't have the guilt of ruining millions of people's lives on my conscience like Central Bankers must have. They demonised fossil fuels far too quickly and based on far too little evidence. They choose to plunge hundreds of millions of people into poverty instead of initiating global programmes of reforestation (which could most likely soak up the carbon emissions from continuing to use fossil fuels in order to improve the global average standard of living).

https://uk.reuters.com/article/uk-france-protests-anniversary/paris-police-use-tear-gas-water-cannon-on-yellow-vest-protests-anniversary-idUKKBN1XQ0BL

Also it could be PMO would be pretty smart to borrow more money and to buy more production. I need more oil for my business and I am happy to pay the market rate: $65 per barrel for the next 10 years to guarantee stability of supply and therefore the stability of my business costs/input costs.

I read the following thoughts, written by an economic commentator, and I mostly agreed with them:

How is the Fed different from ponzi schemers like Bernie Madoff? Can someone please explain this with an intelligent answer. Everything I learned in business classes in college preaches how supply and demand create a free market and thus a real price of goods and services. What is going on? I want my money back from the tuition I wasted. This is ridiculous how we jail all the Madoffs but let a gigantic Ponzi entity stay free. What is the point of opening a legit business and being financially responsible only to see your irresponsible risk taking competitor always getting bailed out? There is no incentive to compete. No reason to win. All the businesses and individuals that saved and kept a sound foundation wasted their time. Sounds like socialism. Not capitalism. Help....

I read the following thoughts, written by an economic commentator, and I mostly agreed with it:

How is the Fed different from ponzi schemers like Bernie Madoff? Can someone please explain this with an intelligent answer. Everything I learned in business classes in college preaches how supply and demand create a free market and thus a real price of goods and services. What is going on? I want my money back from the tuition I wasted. This is ridiculous how we jail all the Madoffs but let a gigantic Ponzi entity stay free. What is the point of opening a legit business and being financially responsible only to see your irresponsible risk taking competitor always getting bailed out? There is no incentive to compete. No reason to win. All the businesses and individuals that saved and kept a sound foundation wasted their time. Sounds like socialism. Not capitalism. Help....

I read the following thoughts, written by an economic commentator, and I mostly agreed with it:

How is the Fed different from ponzi schemers like Bernie Madoff? Can someone please explain this with an intelligent answer. Everything I learned in business classes in college preaches how supply and demand create a free market and thus a real price of goods and services. What is going on? I want my money back from the tuition I wasted. This is ridiculous how we jail all the Madoffs but let a gigantic Ponzi entity stay free. What is the point of opening a legit business and being financially responsible only to see your irresponsible risk taking competitor always getting bailed out? There is no incentive to compete. No reason to win. All the businesses and individuals that saved and kept a sound foundation wasted their time. Sounds like socialism. Not capitalism. Help....

I read this by an economic commentator and I must say I agree with a lot of what they said:

How is the Fed different from ponzi schemers like Bernie Madoff? Can someone please explain this with an intelligent answer. Everything I learned in business classes in college preaches how supply and demand create a free market and thus a real price of goods and services. What is going on? I want my money back from the tuition I wasted. This is ridiculous how we jail all the Madoffs but let a gigantic Ponzi entity stay free. What is the point of opening a legit business and being financially responsible only to see your irresponsible risk taking competitor always getting bailed out? There is no incentive to compete. No reason to win. All the businesses and individuals that saved and kept a sound foundation wasted their time. Sounds like socialism. Not capitalism. Help....

I read this by an economic commentator and I must say I agree with a lot of what they said:

How is the Fed different from ponzi schemers like Bernie Madoff? Can someone please explain this with an intelligent answer. Everything I learned in business classes in college preaches how supply and demand create a free market and thus a real price of goods and services. What is going on? I want my money back from the tuition I wasted. This is ridiculous how we jail all the Madoffs but let a gigantic Ponzi entity stay free. What is the point of opening a legit business and being financially responsible only to see your irresponsible risk taking competitor always getting bailed out? There is no incentive to compete. No reason to win. All the businesses and individuals that saved and kept a sound foundation wasted their time. Sounds like socialism. Not capitalism. Help....

Exactly, so long as banks/governments remember they are there to serve the citizens (and not the other way around) then everything will be just fine. Big party every Friday night everyone (why do people get annoyed with their neighbours - we are all on the same team really - if people were rational surely they would be angry with the people who initially allowed this virus to spread unchecked despite the doctors who first diagnosed it sending warnings to the highest levels)? Let's have a real good time and be grateful we are not in Whitehall wasting our time trying to tell other people what is good for them. We know what is good for us thank you. We like big houses, supercars, foreign holidays, and a fookin' big party every Friday/Saturday night!! Also cheap electric and cheap heating. That is what the bankers/******s/ministers ought to be focused on delivering for the citizens of the UK. That is what people actually want (they don't want all of this nimby rubbish in my opinion - I see people smiling and laughing when they are warm, well fed, and engaging in activities they enjoy, plus a big party with loads of cheap booze and good music every once in a while). Now deliver for the people!!

Exactly, so long as banks/governments remember they are there to serve the citizens (and not the other way around) then everything will be just fine. Big party this Friday night everyone? Let's have a real good time and be grateful we are not in Whitehall wasting our time trying to tell other people what is good for them. We know what is good for us thank you. We like big houses, supercars, foreign holidays, and a fookin' big party every Friday/Saturday night!! Also cheap electric and cheap heating. That is what the bankers/******s/ministers ought to be focused on delivering for the citizens of the UK. That is what people actually want (they don't want all of this nimby rubbish in my opinion - I see people smiling and laughing when they are warm, well fed, and engaging in activities they enjoy, plus a big party with loads of cheap booze and good music every once in a while). Now deliver for the people!!

People seem to forget that government's can't change human desires. Cars and aeroplanes have always been popular (and not the electric sort which only appeal to the geeks, less than 1% of the population as a whole).

Also the laws of economics state that people will buy more of a commodity when its price falls. Ergo the low price of oil will encourage people to burn it in power stations and to buy bigger yachts.

More4Less. Maybe a gold-plated Aston Martin for you? I would enjoy seeing you driving around in one of those. Maybe a platinum and diamond one the following year?

What colour were you thinking?

Maybe a gold-plated Aston Martin. I would enjoy seeing you driving around in one of those. Maybe a platinum and diamond one the following year?

What colour were you thinking?

More4Less

That is why the UK government has issued my company a new contract to build enough storage to store 20 Billion barrels of oil. Can't say too much. Multiple locations to be used both onshore and offshore. Some older fields to be reinjected with oil. Going to use millions of tonnes of concrete and steel to build these new facilities ... that alone will drive up oil demand. Do not fear ... we are going to be well prepared for the future with 20 Billion barrels in storage post mid 2021.

If you want a tip now is not a bad time to buy a Ferrari, Lambo, or another supercar. With lots of oil in storage then we should be seeing petrol prices fall as low as 35p per litre at the pumps within the next few months. Enjoy driving those supercars for a few hours a day boys ... just drive responsibly and enjoy ... these kind of experience don't come every year in life ...enjoy the fun times whilst they are here.

If you want a tip now if not a bad time to buy a Ferrari, Lambo, or another supercar. With lots of oil in storage then we should be seeing petrol prices fall as low as 35p per litre at the pumps within the next few months. Enjoy driving those supercars for a few hours a day boys ... just drive responsibly and enjoy ... these kind of experience don't come every year in life ...enjoy the fun times whilst they are here.

That is why the UK government has issued my company a new contract to build enough storage to store 20 Billion barrels of oil. Can't say too much. Multiple locations to be used both onshore and offshore. Some older fields to be reinjected with oil. Going to use millions of tonnes of concrete and steel to build these new facilities ... that alone will drive up oil demand. Do not fear ... we are going to be well prepared for the future with 20 Billion barrels in storage post mid 2021.

James, you are talking about a capitalist system that has become so insane that it pays someone £15 million per year for kicking a synthetic leather sphere around a 2 acre pitch (such as Rooney, Neymar, Messi, etc.) Of course £60K is insulting. But only as insulting as I find the bankers when they waste money on investing in football instead of investing in the things I enjoy (such as nice flowers and a more de-centralised, more rural, economy).

You make a lot of assumptions PokerChips. It was bankers paying £10 for an equity value of £2 that sparked the financial unrest in 2006 and 2007. There is no end to the stupidity of humans. I would say convincing someone to pay £2.90 for an equity value of £1.48 is not particularly unlikely. It is pretty easy to convince someone to pay £400,000 for a pile of bricks (a house) that was worth only £55,000 twenty years ago.

I don't see why house prices should only every go up and the share price of excellent businesses like M&S only ever go down? Could you explain why that should be the case given M&S food is very popular. There is not a shortage of land in the UK so I don't see why house prices should only ever go up?

Markets are a bit nuts. This share could be worth £5 in a few years time. The food business has been extremely popular and been growing for years. All that's needed is to turn around the clothing side of the business so that middle aged people view M&S as the number one shopping experience!

This is an interesting read - https://uk.news.yahoo.com/warren-buffett-ideas-to-end-inequality-134650421.html

This is an interesting read - https://uk.news.yahoo.com/warren-buffett-ideas-to-end-inequality-134650421.html

This is an interesting read - https://uk.news.yahoo.com/warren-buffett-ideas-to-end-inequality-134650421.html

Oil is the cheapest it has been (on an inflation-adjusted basis) since the Great Depression (1929-1934). One barrel is 166.5 litres. Only $14 for 166.5 litres of crude oil. That is so cheap. I will buy a million barrels please and build my own refinery. Will future proof me in terms of driving around in Ferraris and Lamborghinis for the next decade.

This is an interesting read - https://uk.news.yahoo.com/warren-buffett-ideas-to-end-inequality-134650421.html

Oil is cheap. One barrel is 166.5 litres. Only $14 for 166.5 litres of crude oil. That is so cheap. I will buy a million barrels please and build my own refinery. Will future proof me in terms of driving around in Ferraris and Lamborghinis for the next decade.