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Uriah Heap

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About Uriah Heap

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  1. Hi folks. I don't know if anybody is around who still remembers me but I used to be an avid reader and some time contributor to this site 8-10 years ago. It strongly influenced me to not buy a house back in 2003 when I had a pile of cash that could have been a deposit. Instead I started a business. The business has made me much less than the house would have done. But I wouldn't go back and change anything. Glad to see this site is still around and that my login still works.
  2. Frankly, BTL was such a good way of getting a return that any criminal would have been mad to keep doing crime. Why engage in the risk and hard work of breaking the law when you could make more money buying houses legitimately? Even the Brinks Matts haul looks like hard work compared to buying a 'portfolio'.
  3. Well we'll see. I am old enough to remember predictions that the Soviet Union would overtake the US. Later it was Japan. Extrapolating current trends doesn't always work. In 2000 China had just caught up with India. It is now about 4 times the size of India economically. Can it really keep that up? Maybe it can, but I don't think it is in the bag yet.
  4. http://today.yougov.co.uk/politics/govt-trackers-update-8th-dec The Lib Dems aren't getting much of a dividend for their support of the Tories.
  5. On paper Labour look a good bet to win the next election. They weren't that far away from winning last time. I am not so sure though. I can think of plenty of reasons not to vote Tory, but I am struggling for a positive reason to vote Labour. A swing to the left would be one solution but I am not sure it would be popular.
  6. Hopefully the next election will have AV. In which case my vote would be: 1. Greens 2. Labour 3. Conservative 4. Monster Raving 5. UKIP 6. BNP 7. Lib Dem Compiling that list was a lot more satisfying than tactically picking one choice in a safe seat.
  7. Belgium does have some pretty significant assetts. Tin tin must be a nice little earner, and we all love their chocolate. They've also got royalties on the Jacques Brel back catalogue and at a pinch could sell franchises for the Smurfs. I think they'll be fine.
  8. Belgium does have a government at the moment doesn't it? I was thinking that at least the finance minister won't run up an air fare bill applying for their bail out.
  9. Ha ha ha! They'll go with anyone so long as they are muddy.
  10. I realise this is linked to the Irish bail out thread quite intimately (ooh err!) but as the Irish situation has been dealt with with great maturity and no recourse to obnoxious national stereotyping, I think we should indulge ourselves with a bit of mockery of the Belgians who seem to have a problem with zee little red cells on the financial spreadsheets at the moment.
  11. I'd really like to get away from religion and consumerism, and get back to the true spirit of Christmas.
  12. The analogy between modern America and Ancient Rome is at least imperfect. The Americans aren't surrounded by hordes of barbarians. They do have some pressure from unwanted immigration from Mexico, but they are hardly the Alemanni or the Huns. And they want to work when they get not occupy the place. In Rome under the emperors most of the resources ended up in the hands of the army, who pretty much called all the shots. US military spending is colossal and out of all proportion to its true defence needs, and is no doubt largely for the benefit of private interests. But it is only 4.6% of GDP. That is hardly overstretch. Economic policy was equally reckless in both cases, and in Rome the currency actually did collapse and become worthless under Aurelian. But the empire carried on. Ultimately any state can survive as long as it retains the strength to maintain its authority. Rome finally fell, 200 years after total economic melt down, as a result of external attack not internal decline. The lesson for modern day America is you can get away with just about anything so long as you have military power. And they do. Who is going to stop them?
  13. I think gambling is a perfectly rational thing to do if you have very little money. There isn't much difference between having next to nothing and having nothing. If your weekly disposable income is say £10, putting a couple of quid on the lottery makes very little difference to your standard of living. But if you win your situation could be transformed. And if you do it regularly you will always have some hope in your life that you might one day be rich. Sounds a good buy to me.
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