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"One only has to youtube what the top financiers are saying !"
FFS don't get your information from YouTube. "Top financiers" are working jobs for reputable companies, not making stupid videos online for stupid people to consume.
Getting your information from YouTube is akin to getting financial advice from some fella down the pub.
Epro, honestly, just filter. I imagine from the frequency of the posts I see as filtered it's prob LTI commenting. Maybe not, I don't know, but what I do know is that you're wasting your time and energy conversing with an idiot.
Just filter, move on, and have a happier experience online. Kisses and hugs, goodnight.
Epro I have a see of green filtered comments and you desperately trying to give a rational, sane argument to someone that is (most likely) an idiot.
I have to implore you deeply to filter these people. The function is built into the forum for a reason. You are genuinely harming yourself engaging with them. You may not realize it now, but I assure you it is taking its toll on your mental health.
Please, I beg you, filter and stop engaging with them. You are only making yourself angrier.
I don't see any strong downturn in the property market. There has been a very minor correction in the last few months in terms of prices, but that is about it. Property prices are still higher than they were last year and will remain high as long as the gov continues its lackadaisical attitude towards housebuilding.
In terms of people not being able to pay rent or mortgages, well, it's a sad state of affairs, but usually food/heating etc. are the first things to go cost-wise.
Commercially, as someone that works in the service industry, I'll tell you right now that a whole load of businesses are going to go tits up purely because the costs of energy are so high and inflation has f*cked over whatever margins you had. Unless you live in a relatively affluent area and can pass on the costs to the customer, you're gonna have a hard time.
Obviously I can't speak for much more than the area I work in, but considering we are practically a service based economy now (look at any high street in the country) it does speak volumes about the dire state we are in.
Best solution is GE and new gov. No point beating around the bush. The problem is Tories and Brexit, that is it. Anyone that works in practically any industry right now will tell you the same.
Epro, I had similar thoughts about Sunak, but I've been banging on for ages that the Tory party has been taken over by the far-right loons and far-right loons have no interest in governance by compromise. It's either 'my way or the high way' with them.
It's just a load of folks digging their heels in and refusing to work towards the greater good. This is basically the fundamental problem with extremists (cough certain board members here cough), they really are happy to watch the world burn if they don't get their way.
Just to add, I know I'm not important, that's why I find it funny people keep creating threads aimed at me. This has got to be at least the 10th one this year.
It's not narcissism to find someone talking about you sad and weird, that is literally the opposite reaction of a narcassist. A narcassist wouldn't question why someone is talking about them at all... But I understand you struggle with basic logic.
Perhaps you're right, perhaps "us lot" don't know how stupid we come across, but you don't realize how stupid you actually are.
Weird how it's always people I have filtered that start topics either directed at specific users or about parties they don't like. I say weird because the last thing I can imagine doing is spending my free time starting conversation specifically to argue with someone else.
Sad.
I've held Lloyds shares for about three years now and I don't think a single broker forecast has been even remotely accurate. But I could use the hopium cause most of my other investments are doing truly, truly sh*te.
"UK has the fastest-growing G7 economy for 2 years in a row. Two years!"
You simply don't understand basic logic do you?
I've explained this to you before, but I'll try again as if you are a toddler, maybe it will sink in.
If you had £1 yesterday and I gave you £1 today, that would be 100% growth. You would now have £2.
But if you had £2 yesterday and I gave £1 today, that would only be 50% growth. You would, however, now have £3.
So one example gives you 100% growth and you end up with £2, the other example gives you 50% growth and you end up with £3.
Now, is £2 bigger or smaller than £3? Come on little buddy, I know you can do this! That's right, you did it, £3 is indeed bigger!
So, despite having lower growth, you actually ended up with more money because you started from a higher point.
Congratulations, you have learned basic math.
"UK is the fastest-growing economy in the whole G7 worldwide in 2022. Exports sit at a record high."
Skier1 repeats this and then runs away whenever I call out the lie that it is.
We are the only G7 nation with a smaller economy than before the pandemic. We have recovered worse than every other G7 nation. This is a fact.
Saying we are "fastest growing" means very little when you don't say an actual time frame and it also ignores the starting position for the growth. So really, it means nothing at all.
UK exports to the EU have fallen by £20billion in the last year alone and are projected to fall further. So we do not have "record exports", this is a lie.
People like skier that tell barefaced lies are genuinely the worst type of commentor. Not only do they contribute nothing to the discussion, they actively spread false information to further their political agenda. F*ck that guy.
A lost decade of growth also just happens to coincide with a decade of Tory power. Why is anyone expecting Sunak to do anything even remotely different to what the Tory party has been doing for the last decade?
As long as the Tories in are in power, this country will continue to decline and the very rich will get richer. It's sad to be so reductive, but that's basically all there is to it.
The Tories do nothing other than line their pockets and the pockets of their mates and it ALL comes at the expense of the country.
If you keep funnelling all the money upwards, rather than reinvesting it in the country, eventually everything starts to break and that is what we are seeing now.