Member Info for TheFarEnd

I agree with that also Plato, with all this easy money and a lot of borrowers with the brain the size of a split pea there's only one outcome...
Result misery...... said Mr Micawber.

I agree wholeheartedly Plato, that man still has a lot to answer for.

If you're with Slater and Gordon livestock, you should hear today.

Most of today's woes can be traced back to the blair govt... 88.

With the substantial cost of living package unveiled today.
Still peeps are saying it's not enough. Now I know it's a government's duty to protect the population but come on, does that include protecting the standard of living that the populace has accrued during the low interest high borrowing times of late?
The truth is many have overstretched themselves and are finding it difficult already, despite being on above average income. According to some, it hasn't started yet.
Talk about a nanny state.
Just saying.

Dieselgate started in 2015 it's taken this long to settle for UK customers, whereas they settled almost instantly in the US. I wonder why.

"We are pleased to announce that in May 2022 your Claimant Committee agreed on your behalf to settle the emissions group litigation against VW Group manufacturers and related parties, as described below.
After considering our advice, your Claimant Committee agreed to a full and final settlement of all claims in respect of EA189 vehicles"

Oh well, never expected a result here, it's only £1700 but every little helps.

"are you pessimistic over the future of gold?"
I have, and hold no position on Gold 67Sam.
I would say this though, when you start seeing adverts about buying physical gold, (coins etc) that's probably the time to avoid it.

"Gold Should Explode over the coming years $3000 - $5000"
Yeah, chips thought that too.... She's still waiting.
Someone better tell her it's the last call lol.
P.s. Did I get that pronoun correct, you can't be too careful these days. :-)

It just shows when a potential 50 basis point rise makes headline grabbing news what a fragile state western economies have become.
Central bankers have been slowly increasing rates to great fanfare and warnings of hardship and more rises to come. Seems to me like they are following one another acting in tandem, nothing independent in that.
If my memory serves me, pre 1990 a 0.25% rise was considered just 'tinkering around the edges.'
Now with these exceptional times, as we are constantly warned of impending financial meltdown for governments and individuals alike we just get more 'tinkering.'
The powers that be are trying to negotiate through this by protecting the status quo IMO
of ultra low interest rates, primarily because of government debt, under the guise of protecting the economy.
If you're going to raise interest rates then do it to make a difference. Whatever happened to 1% rises or even 1%+ if it warrants it?

Btw, the headline of this thread indicates that the ECB is just playing catch-up, after Lagarde's failure in her role.
Just saying.

I've no problems understanding percentages mick, but that chart was a typical BBC fudge with information missing, rendering it meaningless.
Europe's inflation and growth are moving in opposite directions with wages contracting even faster. But their unemployment rate is considerably higher than the UK's.
The Largard reference was the ECB's involvement in all this, with the conditions attached for their individual support levels to each member.
You know how the ECB juggling act works bending the rules to try and maintain unity and avoid dissent. I guess that's not too much of a problem with the pretty much guaranteed support of Brussels and dare I say it, the ECJ.

Just goes to show the crap GDP figures over in Euroland.
But no worries Lagarde's got it covered dishing out all those Euros, but don't forget the caveat. You'll only get the support if you do what Brussels tells yer.

GDP in million euros (at current prices.
Germany 3,570,620
United Kingdom 2,526,615.2
France 2,483,616
Italy 1,781,221.1
Spain 1,205,063
Netherlands 860,719
Switzerland 687,110.4
Turkey 685,765.4
Poland 570,206.6

(Statista 2022)

Don't it just give you that warm feeling being outside of that democratic malaise.

This is the sort of things we're dealing with.
Brain the size of a split pea and the left think he's a model socialist.

Over 2 years of Starmer being in charge, and after all the failed hindsight policy announcements we now get what they believe will be a winner the a so-called popular windfall tax, hardly original is it.
They even disagree on how much revenue it will raise, but hey, once they get spending… we'll just do it again and from more companies.

machiismo posted the other day "I'm fairly certain they all think liberals, communists and socialists are all the same."
No they are not the same but the eventual outcome would be.
Never forget that all these Starmer addict's were chanting 'Oh Jeremy Corbyn' not long ago, just look how that ended.
A lucky escape indeed, the UK could have been fighting against Ukraine alongside the Russians, just think about that.
And they're on here ****ging off the Tory's, democratic socialism my arse.
See y'all.

"4 o'clock club"
Cheers Brixton, Good health.

Fund rate increased to 1.4%, still not enough for me. I'll take my chances, even in this market. Or should I say especially in this market.

Sadly no £150 for me Brixton, they didn't think about us poor struggling, 'house rich income poor' investors. (^_^)

46p was my entry price Dividendchaser, it's taken forever to reach these dizzy heights, and there's no dividend!

Painful reminder there stagecoach re: CNA, sell @90p didn't quite make it.

it's even easier for Remainers to say, "we told you so"
Yes machiismo, you should be saying that to Brussels.
We only asked for some small amendment's from the EU and they refused. resulting in a referendum. Oh how Brussels regrets that now….. never mind "we told you so"

Yeah, it's all a bit of sport, Gate.

"All said that, post Brexit:
* Food costs will be lower
* Energy costs will be lower
* Taxation will be lower.
Oh well, enough people believed it at the time."
Trouble is the SNP thicko's up there in Perth are still blaming brexit. I wonder who the Europeans and the Yank's are blaming, oh yeah brexit of course.