Member Info for skier1

Everyone is making big money out of Lloyds... except the shareholders!

Interesting to see Apple's marcap valuation this week ($2.8T) is now almost the same size as the entire GDP of France, the world's 7th largest economy ($2.9T).

America's wealth now is beyond staggering. One US company, the same size as an entire nation of 70m people.

People are naive to the extreme...

The choice is simple.

You either support American democracy, choice, and liberty.

Or you support totalitarian autocracy with no vote, like the rest of the (much poorer) world.

The US has *never* gone to war against a legit democracy.

Global war deaths have plunged -95% in the past 75 years since America took charge of the world.

The US stopped 2 European civil wars that sla*ghtered tens of millions. Two!

The US stopped c*mmunism in its tracks, a brutal ideology that exploits the uneducated middle and low classes, and has sla*ghtered 100-200 million people worldwide since the 1900s. More than all other ideologies put together!

Democracy vs. autocracy.

You choose...

..."America's obsession with interference in foreign countries needs to stop"...

This is naive to the extreme.

The American Century has brought the most peaceful, most wealthy, and safest period to global mankind since time began. War deaths have declined -90%.

A 100 years ago, in the British and European Century, you'd be fighting in the frozen muddy trenches. Today, you're sitting on the warm sofa in your underpants surfing the Web.

A 100 years from now, you may be under the jackboot of the unelected Chinese Communist Party.

Be careful what you wish for...

US regulators are (allegedly) set to to tighten rules for large US banks in H2 2023, which could include raising their capital requirements by 20% on average, which in turn will make it even harder to grow bank profits. Weaker US banks mean weaker UK banks.

The world's stockmarket benchmark, S&P 500, is now back in a bull market, at 4292 today, rising +20% from its Oct 2022 closing low.

https://www.wsj.com/livecoverage/stock-market-today-dow-jones-06-05-2023/card/s-p-500-on-track-to-enter-a-bull-market-4UZDeUEkxo5fwYOwrVZK

Sunak needs to cut taxes by 5-10% to win the next election.

A tiny 1-2% cut, when the tax burden is nudging 40%, and many successful people are paying 50-60% tax, is just a pathetic gimmick.

Sounds like an anti-capitalist assault on Scotland's oil industry by Labour Marxist revolutionaries. We are back in the 1970s :-(

To be fair, the LSE forum is largely free and provides a great range of features. LSE have gotta pay the bills somehow. Nothing wrong with a few adverts to keep it (mostly) free for all of us.

Regarding the deleting of posts -- you seem to be under some kind of illusion that you live in a free country. That ship sailed 20 years ago.

A 3 x leveraged short on LLOY is now up +50% since Feb 2023.

The trend is reversing. US tech companies are now flooding into London. Instagram, Facebook, Coinbase, etc.

https://www.dailymail.co.uk/news/article-12119037/The-tech-chiefs-waving-goodbye-San-Fransico-set-home-London.html

London is now the tech, financial and tourism capital of the world.

Let me repeat that for you... London is now the tech, financial and tourism capital of the world.

London is (literally) the best city in the world.

https://www.benoitproperties.com/news/london-named-the-best-city-in-the-world-for-2023/#:~:text=From%20food%2C%20culture%20and%20history,attracting%20international%20tourists%20to%20London.

It is time to turn that frown upside down.

We are on the cusp of a Brexit boom.

London is now officially ranked in 2023 as the tech capital of the world.

https://www.timeout.com/london/news/london-is-the-official-tech-capital-of-the-world-052523#:~:text=And%20now%20London%20has%20named,Yen%20Group's%20Smart%20Centres%20Index.

The UK has been the world's fastest-growing G7 economy for 2 years in a row. While Germany plunges into recession, the UK is continuing to grow.

We are starting to see a Brexit bonus. The UK is in much better shape than most realize.

It's important to remember that the Tories are the world's oldest and most successful political party. Been around for centuries. Beat the Liberals last century, crushed the Lib Dems this century, beat the SNP this decade, and have been whupping Labour for 43 of the past 70 years. The Tories have won more elections since WW2 than all the other UK parties combined. The public -- when given a free democratic vote -- clearly love the Tories. The Tories won ScotRef and Brexit, the two biggest votes the UK has ever seen in its history.

British people secretly love the Tories. The UK is the world's fastest-growing G7 economy for 2 years in a row. Voters can see beyond the hysteria of bitter Remainers who lost the biggest democratic vote in UK history. There will be no rejoin. And don't count out the Tories for 2024. Some cheeky tax cuts and free handouts could easily see the Tories win again. All to play for.

UK was the world's fastest-growing major G7 economy in 2021 and 2022, for two years straight. UK continuing to grow in 2023, while Germany plunges toward recession. Since Brexit began, in 2020, the UK's economic performance has been quite impressive.

It must be time for a new diamond colour here?

What colour can KDR dig up this year?

Purple? Green? Honey-monster yellow?

..."Good news, and all it took was a £500 million bribe of UK taxpayers cash, and that comes on top of the £300 million already given to parent company Tata Steel to keep steelmaking in the UK"...

Lol.

Does the anti-Britain hysteria on this board ever stop.

Even one of the biggest car plants ever in UK history gets talked down.

To be clear, Germany is spending $83,000,000,000.00 of taxpayer cash on gas and electricity subsidies *alone* for its factories this year. That's 83 billion... A few hundred mill is a tiny drop in the global subsidy bucket.

Well done to JLR, Tata and the Tories.

A huge win for Brexit.

UK chosen over Spain.

Around 9,000 new UK jobs.

Yet another example of utterly pathetic "predicted" doom-loop hysteria being trumped by actual reality.

The UK car industry will pull out and go to the EU... Oh, the UK is opening the biggest car factory for nearly half a century...

..."Problem with food inflation is, UK farmers have been hammered for years on prices from the big supermarkets all wanting cheap food, driving down margins to unsustainable levels"...

Wish people would stop spreading this myth.

UK farmers get hammered on food / ingredient / drink prices because of *low barriers to entry and massive oversupply*.

It is simple economics.

The UK is ~70% farmland. Anyone can buy a field, sprinkle seeds on it, sunbathe for 4 months, then sell it down the market. Anyone can build a shed, fill it with moo cows, tug their udders, then sell it down the market. If you don't want to sell me 1 litre of milk for 45p, there are another 50 farmers round the corner (or abroad) who will.

Farming is one of the easiest industries to get into. You don't need GCSEs or a degree or years of training. Despite what you see on Clarkson's Farm, you mostly just need a driving licence and a pair of wellies.

Supermarkets are not to blame for low farm prices. Global and UK farm oversupply is the core reason.

Inflation numbers today are a little higher than expected, but not majorly so.

Greedflation at supermarkets is the last big zone of "sticky" prices. Aldi, for example, seems to be jacking up prices by 10-20% every 2-4 weeks. It's like watching an Olympic stopwatch. Consumers need to start pressuring the supermarkets and suppliers to reverse prices. Change the prevailing culture. Send prices down, not up.

If the UK can get food prices back under control, inflation will be 5% or less by the end of the year.

..."Matters not if the shares move 10% down as they always recover over time and you always get your divs"...

Sounds like a triumph of hope over reality ;-)

Just a quick glance at that dividend list shows BATS share price has collapsed -50%, IMB has plunged -55%, BT is -80% lower than it was at the end of the last century!

A tiny 5% divvy is little or no relief for such incredible shrinkage.