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Sir Sidney Ruff-Diamond

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Everything posted by Sir Sidney Ruff-Diamond

  1. It's not so much that people dying to live there then, but ... cows. (see what I did there?)
  2. We have more in common than I thought. How refreshing and depressing in equal measures. ;-) I have been here since 2005 or 6 too. I lived in Japan for a while and my wife hails from north Tokyo. I sometimes think about going back there. But my Japanese is a little rusty (no, I won't hug your teddy!) and I bought a modest place in zone 3 a couple of years back. Fear of giving up what I've scraped together keeps me in the UK but I can well understand why you live in Japan. While your quality of life declines a little there, your living standards are generally much higher than the UK. I'm usual
  3. Hmmm. Welcome to unfettered capitalism, sonny. There will be a large number of losers and a very small number of winners and according to the economics textbooks I read, that's not a design fault. The only thing standing between you and obsolescence is the state - effectively reigning in capitalism's excessive and destructive tendencies. I wish this were better understood in Conservative government who don't seem to regard their own ideal as ultimately flawed. It is flawed because when you are on the scrapheap, you can no longer afford the very goods and services you were designed to consume.
  4. Can I just say, I want to nip this little f*&ker in the bud. The size of the financial crisis next to the size of the public debt for pensions is incomparable. One look at the numbers should tell you that - the financial crisis is totalled at around $4.5tr. The UK's liabilities from it are - what £200bn? If you just work it out, paying one pound every second, it would take you ... what ... 6341 years to pay that off. That's just nowhere near the pension bill for even the whole of the UK population, let alone for the few public sector employees who will get their pensions.
  5. That flat certainly has some errr .. skeletons in the cupboard. See what I did there?
  6. The smell is from the tobacco left on the furniture, carpets walls and ceilings. So price in replacing or deep cleaning every visible surface. For a short while I cleaned a bar on a ship many years ago. You'd be amazed what cigarette smoke leaves behind - it's a thick glue like brown residue.
  7. This is a weird one. I bought a modest house in West London a couple of years ago (figured the government was going to bail ad inifinitum) and came home the other day to find a local letting agent had nailed a sign onto the brand new brick wall I had built at the front. Naturally I pulled it down and broke it into three pieces. Cheeky scum. They came and quietly removed the pieces this afternoon. Anyway, my question is this - I'd like to invoice the letting agent for the damage they (mistakenly) did to my property. I assume its a mistake, but they haven't apologised yet. Does anyone have any
  8. I actually get 6 cans of Becks for £5 from a Tamil-run shop i go to to get my beer - every time. Supermarkets are now putting Becks full strength (as opposed to the newer 4%) back on the shelves at about a quid a can too I noticed recently.
  9. Gone Daddy Gone (The Loving's Gone) by Gnarls Barkley Its a great video too.
  10. Go with where you know. I lived in a borough for six years before buying there because I knew where was a good deal.
  11. In other news it was revealed that in 2012 bankers in London were on the whole happier than their international counterparts with their remuneration packages, by quite a few percentage points.
  12. Faisal Islam was the person who asked Mervyn King the question at a press conference "Isn't QE simply a way of funding government expenditure by monetizing their debt?". He didn't get an answer, which in itself raised eyebrows.
  13. Bitcoin represents the single most potent threat to monetary hegemony of central banks - so much so that it is almost impossible to buy bitcoins in the UK and I'm quite sure if you do, you'll be put on a 'special list' somwhere. The EU is so worried enough about bitcoin that the ECB patronisingly calls them 'virtual currency schemes' in its report which can be found here. For the TL;DR brigade, Libertarian News (whatever that is) wrote a commentary on it here. I quote: The ECB report contains a number of technical untruths about the process of creating and issuing bitcoins - namely that th
  14. No far eastern banks which of course, should have rung some alarm bells about this report's credibility at the time. This is what the list looks like now. (they've added a few more).
  15. The landlord can't do this as it cannot form part of the agreement that he shares that data with credit reference companies. if he does, its paydirt in magistrates court for offences under the Data Protection Act 1998. The ICO can impose a fine of up to £50,000 for infringements of that legislation.
  16. For me, your friends' only salvation will rest on whether this lady really did work for the infamous Ajay Ahuja (who incidentally used to hang around on this forum baiting people with his tales of imminent riches). If you find out she did, ask your friends to see if she admits it. If she does not, they have a pretty clear idea that this person cannot be trusted to tell the truth, just like her previous boss to his investors. If she didn't work for him, then she is still only as honest as every other successful investment mentor like ... ummm ... oh.
  17. Advise your landlord that you won't claim for the dangerously fitted mirror shearing and recklessly endangering your life. That ought to keep him quiet - the cheek. (ps. some of the advice people give on this forum - particularly those with property interests - is terrible)
  18. Well, they'd have to lobby the government to force the BBC to buy it. Just like they did for the bankers!
  19. Just a minute. Look at his article another way - he's pointing out the elephant in the living room for the media industry. The BBC is a mammoth that seems to have an unlimited capacity to absorb cuts without any noticeable impact on services. Last year the BBC cut their number of public websites by 250! That's how many they CUT! You pay more than £2 a year to the BBC - in fact you pay considerably more than a sky subscription. For what? Well, in the context of HPC, the BBC mostly seems to have served its own executives property interests, trumpeting the flat housing market as showing 'no sign
  20. You can ask if the letting agent has made credit checks on the landlord. If they have not, make it clear that you would consider it necessary. Tell them that it will probably cost the same amount as for them to do the credit check on you. When they refuse, tell them that you want a clause appended to the contract saying that if the landlord fails to pay any outstanding mortgage or declares himself bankrupt during the tenancy then all rights conferred to the landlord in the agreement become void and all deposit money must be returned immediately. Otherwise you are wide open - this is not unre
  21. The error in his thinking (whoever Tim Leung is) is confusing cause and effect. His argument is that because interest rates are so low, house prices are fine to remain high so there's no bubble. But this is like saying that because the pond has been drained of water, its okay that the boat is full of holes. It completely overlooks the fact the the pond was drained because the boat had lots of holes. Either way, the boat is no longer seaworthy and until the holes are fixed, the pond has to remain without water.
  22. One of the things that has struck me about this housing recession is how little common sense estate agents have applied. One can only assume that the old hands in the game retired soon after the credit boom, knowing what was ahead without warning their colleagues that in a declining market, EAs have a role it setting sellers' expectations accordingly and therefore driving down prices to affordable levels. This time round, they seem to be thinking "No-one wants to sell at the price people can afford and now we're going out of business".
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