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Executive Sadman

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Everything posted by Executive Sadman

  1. Not much experience with them. Did work for a car insurers years ago. We were all told never to even bother quoting for anyone in the oil industry as they would get off the rigs, get pissed and then promptly write off their new BMW. I figured there would be some discrimination law to force us to give them a quote, but apparently not.
  2. Did he account for mobile workforces? Some regions gain, some regions lose. For example Chicago and Detroit on the brink of bankruptcy or already in it due to the fact they had bigger populations 20,30 years ago, and bloated civil servant rolls along with it. People have moved to southern states which had smaller populations 20 or 30 years ago and thus limited pension liabilities. Same on an EU level here. Lots of Poles and Italians in the UK. Not sure how the poles, or particularly the Italians manage to pay their pensions. But the Italian deficit is still smaller than the UKs. I think nowadays the welfare bill for 18-65 year olds is probably bigger than 65+ if you add up housing benefit, child credits, disability, etc etc.
  3. 300k more lucky souls can use an even busier transport network, crowd into even busier parks, queue even longer at shops and doctors, and compete even harder for low skill low wage entry level jobs. Is there any rationale beyond more = better behind this?
  4. 'the people' can't offer MP six figure non-exec positions once 'the people' tire of them. MPs want to control things. Just dishing cash out to the public...well the public might spend it on the 'wrong' things. Like, not on houses.
  5. The self proclaimed wall street PR plant "liberal with a conscience" disagree's http://krugman.blogs.nytimes.com/2010/01/11/too-big-to-fail-fail-2/?_r=0 The point is that breaking up the big players is neither necessary nor sufficient to protect us against financial crises.
  6. Its why we have the migrant 'crisis' Its not a 'crisis' at all. Its premeditated and arranged. They want society to be in a constant state of stress and upheaval so they have a mandate to control things. The last thing a government wants is a society at ease with itself.
  7. 1) the chinese have the luxury of copying the west 2) the chinese populace are fairly High IQ types. I doubt Somalian society would respond in the same way. Yeah, I know, Im racist. 3) the chinese have the luxury of low regulations in many ways (ie environmental regulations in particular...if poisoning your air and water is 'good' have at it) whch allows them to undercut 'capitalist' producers. 4) I think communism (or facism/central planning) does have some validity initially (although more often than not that comes at vast social and often lethal cost) in that it can indeed industrialize nations quickly. Russia went from being agragian in the 20s to nearing western European GDP by the 50s. What took them 30 years took us 300 years. In fact, I think the relative wealth of the USSR in the 50s and 60s is perhaps why our own gentry actually became a little less selfish in that period, building masses of quality housing, new schools, universities, roads, hospitals. They were genuinely worried if people still had to live in grim tenements with outdoor toilets into the 60s and 70s a communist government might be a possibility. As the USSR stagnated in the 70s and 80s, that threat went away.
  8. An how much a month paying the local mafioso to not burn it down? Think I would stick with the French option.
  9. Something in the water or air. Must be. 20 years ago people would have never stood for this.
  10. http://www.telegraph.co.uk/finance/12108453/Zombie-ships-send-maritime-freight-into-worst-crisis-in-living-memory.html Meanwhile, the banks that provided the debt won’t pull the plug as they would be forced to recognise the losses. Instead, they accept that they won’t have debt service, and are forced to wait and see if the ship owner can survive until the market recovers. At some point in the future they might be able to sell the vessel at a better price. sound familiar? Banks are the robber barons of our age. Same story with their oil investments, too. Guess its a when, not if, we'll be bailing the banks out in months, not years.
  11. Oh goody. After decades of wahhabi money ravaging and radicalizing muslims in Europe, now we can have Shia money doing the same. http://www.bloombergview.com/articles/2016-01-17/race-to-build-mosques-is-a-waste-of-money I know shia's are supposedly the less evil ones, but that hasnt stopped countless Iranians leaving to avoid persecution.
  12. Perhaps...there is the old syn fuel and tropsch fisher. Oil at $28 a barrel...definetly not making that any more. But oil or coal derived oil substitutes at $80 a barrel. Centuries of that left.
  13. I did think that for a while, but it doesnt really work on a deeper level. Despite selling off bits of the country for inflated costs to repatriate sterling, the trade deficit is still growing. We're in a worse position than 2010. If thats 'progress', Osbourne is even dumber than I thought. And government doesnt really have control over the value of assets, public or private, unless they have intrinsic worth (ie, oil). Confidence in currency and debt is really confidence in the claim govt has on labour via taxation, both current and future. Its entirely possible we could see an emigration of workers (unlikely in the near or mid term, but I think logically almost certain in the longer term for the same reasons the US has seen the population in northern cities decline and population in southern states increase) Housing, roads, schools, hospitals have no real intrinsic value, just look at dozens of ghost towns in Spain or China. Gidiot likes high house prices because they make the GDP look good and banks balance sheets appear solvent, and, for the time being, supposedly win elections.
  14. Should afford you a nice view for when Erdogan executes his neo-ottoman desires, shortly before he purges the Island of all non-turks
  15. Communal Gym AND hot tub Firstly, the 'gym' Secondly, the hot tub...ewww.
  16. http://blogs.telegraph.co.uk/news/danielhannan/8156944/The_devalued_prime_minister_of_a_devalued_country/ So is Hannan going to be fair and pronouce Cameron devalued? (though I guess that would assume he had any value in the first place)
  17. Wonder if we'll be blessed enough to bail out banksters twice in under 10 years. Those 'city whizzkids' they know a deal when they see one. http://theeconomiccollapseblog.com/archives/the-oil-crash-of-2016-has-the-big-banks-running-scared For instance, Wells Fargo (WFC) is sitting on more than $17 billion in loans to the oil and gas sector. The bank is setting aside $1.2 billion in reserves to cover losses because of the “continued deterioration within the energy sector.”
  18. It just looks like a miniature version of every other office block or hotel around my way...i guess with these mixed use developments they figure its cheapest to use similar external materials for everything. Internal I guess the commercial buildings have more substantial doors and so forth.
  19. Bwhaahahhaha... The MissendenTM by careys homes...for the man who always dreamt of his very own Travelodge, but could never quite get it....
  20. If you looked at historical numbers alone, youd think buy euros, not dollars...but I have zero faith in the ECB managing to create some sort of crisis with one or half a dozen PIIGS countries in the next 12 months. They settled nothing last time, nothing. Dollars it is.
  21. Friend of a friend just sold a similar place about a half mile south of there. Both Indian doctors at addenbrookes on good salaries. Not really a fitting property for earners in the top 1% or so, but thats reality I guess.
  22. Isnt this all lefties. The ever erudite Cheryl Cole going on about how she votes labour because they 'help' people from backgrounds like her (guess she didnt get raised in Rotherham). Then suddenly went quiet at the mere mention of the mansion tax http://www.telegraph.co.uk/news/celebritynews/11485070/Lifelong-Labour-voter-Cheryl-Fernandez-Versini-Mansion-tax-would-f-me-over.html I think Charlotte Church objected as well. Although I do recall her mistaking 20% tax as a higher rate than 40% tax. Clearly I havent the level of education to understand how a Church government would deliver the goods, I suspect voodoo and a lot of singing is involved.
  23. Probably very common...London property market doubles up as a money laundering conduit IIRC.
  24. The good thing is it should put a stop to Gidiots games in coming budgets. The bad thing is it might make Corbyn seem like the way ahead.
  25. Can this be visualized?! Like ships on a map or something?!
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