Quicken
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Posts posted by Quicken
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2 hours ago, btd1981 said:
Is there a specific significance to 100%? Or is it just a major psychological threshold ?
It's just a major psychological threshold really, but significant nevertheless.
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Well it's a about f*cking time
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50 basis points I think you'll find
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It'll soar over 100% the minute Truss implements those tax cuts, while inflation is set to bite hard in the last 3rd of 2022. Interesting times.
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Tasty bear food. Nom Nom. I predict the BoE will go 0.5 and still look super weak vs Canada and the US.
WRT: 'The earnings data was "only" 6.2%.', that's still a loooong way above 2%, and plenty of folk are still striking for bigger pay deals. Watch this space on the wage price spiral.
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41 minutes ago, AThirdWay said:
I fully support Truss for PM.
I'm not conservative btw, I want to see the UK break up and she is a massive tool to help achieve that!
Silver linings 🙂
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Keep a close eye on Indy-Ref 2, and the Edinburgh market. Buy if the right property comes up at the right price. We don't want a big place. Just good quality in the right location. Nothing worth bidding on yet in my 18 month search.
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It'll be Truss. Neo-con robot.
The best of the best, clearly.
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The big problem with the union is the inequality of the constituent countries. England will always have the great majority of the population and wealth. Hence we keep getting Tory governments despite Scotland never voting for them.
I characterise the UK like this: Wales was conquered, Scotland was a hostile takeover, and NI is a colony.
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Don't forget Ireland was part of the UK for over a century from 1801-1922. Hopefully it won't take a war of independence this time...
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52 minutes ago, byron78 said:
I think it'll break up entirely by 2040 now.
Brexit is - largely - an English nationalist vote.
A misguided one so far given the hindsight afforded since 2016.
The Irish, Scots, and Welsh nationalists will be back.
I think the EU will actually get stronger as the world moves away from fossil fuels at a much faster rate thanks to Putin's stupidity. Suspect (if the UK hasn't rejoined by then) that most of them will have left us and joined them.
Russia will fail by 2050 without fossil fuels as well. That'll break up into seperate regions etc.
Never forget that Wales voted for Brexit too.
I live in Scotland and post Brexit I'm 100% pro Scottish independence. I can see why the SNP wants a ref while BJ is still PM as he's emblematic of the English Tory problem for Scotland. The vote could be tight though; project fear will be deployed. I think it would be ideal if Scottish Labour became pro-independence.
I support Irish unification too. Expect that in the next 20 years.
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9 hours ago, scottbeard said:
I disagree.
I don't mind "doing my bit" if everyone is doing their bit. I do mind being the only muggins who suffers whilst those around me don't, not least because my own personal contribution is negligible at a global level i.e. I suffer more than the planet gains.
You might not like that, but I'm a human being and a lot of us feel like that. Perhaps logical is the wrong word, and it's more emotional, but that's how life is.
What you're asking is a bit like saying "rather than having a smoking ban in pubs, individuals should just take a less selfish and damaging stand and not smoke". All that happens then is I don't get to smoke, but the pub is still full of other people's smoke.
It's a global tragedy of the commons. Can't we do better than that? Can't we be better than that?
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6 hours ago, kzb said:
You do pay NI on employment income above retirement age.
Nope:
https://www.gov.uk/tax-national-insurance-after-state-pension-age
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15 hours ago, scottbeard said:
I have no idea what they know - all I know is that I took absolutely as many holidays as I possibly could in the past, knowing that by the time I'm an old man it won't be possible.
So logically, if you know the era of zero foreign holidays is coming you should head to the airport ASAP, as they are doing.
You know what's more logical? Taking an ethical lead and stopping doing something selfish and damaging. *sigh*
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23 hours ago, Bruce Banner said:
That would be pointless.
I mean NI on salaries for people still working over state pension age of course. Not NI on pensions obviously.
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4 hours ago, scottbeard said:
I'm actually OK with State pensions getting a CPI increase - that's the "sensible" leg of the triple lock.
It's the earnings and fixed legs that should be abolished.
Should just be CPI every year, whether that's 0% or 10%.
I agree. The triple lock is the equivalent of 'the house always wins'. Not remotely sustainable.
EDIT to add: Pensioners should pay national insurance too.
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So what do we call this pile of awfulness? I've said previously HTB is the UK's sub-prime, so what is all this lot?
sub-sub-prime, sub-prime squared, uber-sub-prime (USP), sub-prime-max (hello boeing)?
I kinda like sub-prime-max as it is associated with crashing.
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37 minutes ago, Riedquat said:
Should say "environmental impacts of over-population." The damage from food production (intensive agriculture has done enough damage close to home, and we still can't feed our own population, and that's before you look abroad) are effects, not causes.
Yes and no. It's the sum of the impacts of each person's diet. So fossil fuel based fertilisers are a big problem, plus pesticides, antibiotics, acidification, eutrophication, fresh water.
Nemecheck and Poore 2018 was a really powerful study. I read it when it came out but don't have access through the paywall now. Here's a Guardian article about it:
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33 minutes ago, fellow said:
And how many wild cows / buffalo existed before humans? Humans have destroyed enormous areas of wildlife habitat to make way for cities so have reduced the overall number of living creatures You think a billion cows is a lot? There are 8 billion people on the planet so should we all be taxed for breathing?
What would happen if we stopped farming cows? The grass they eat would just grow bigger and some other organism would end up eating the grass and breaking it down into CO2. This is how the carbon cycle works and is self regulating.
Burning fossil fuels may be contributing to global warming but to say wildlife simply breathing is causing climate change is just ridiculous. Policies like this just destroy the climate change narrative as it is clear this is just being exploited to tax and control us.
It's methane not Carbon Dioxide. Humans don't breath out a significant quantity of methane, as well you know. I gave you the IEA breakdown. Farmed animals are not wildlife. Also worth noting that 1.3 billion cows weighs more than 8 billion people.
As I said above, the huge damage to biodiversity inflicted by animal agriculture is the bigger issue than climate change. In addition to pasture land cleared of other animals (and often forest/jungle etc), huge areas of intensive cropland including grain, soya and Palm oil are used to feed to farmed animals.
Read this:
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I'll agree that biodiversity and extinctions are the bigger issue when it comes to farmed ruminants (especially cows) but methane is not a neglibile problem.
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9 minutes ago, fellow said:
Did you know that plants (including rice) absorb CO2 and that cows and rice would exist even if we weren't farming them, and that cows existed in much greater numbers before humans started eating them?
No they did not. Agriculture increases the population and the scale is vast. There are well over a billion cows now, weighing in at well over half a billion tonnes. That makes them the highest biomass of any animal species now. In 2010 it was estimated there were 3.6 billion domestic ruminants vs 75 million wild.
https://www.sciencedirect.com/science/article/pii/S0022030210001050
Here's an IEA breakdown of global methane emissions from both natural and anthropogenic sources. Look how much bigger agriculture is than the 'other' bar, which includes all wild animals.
https://www.iea.org/data-and-statistics/charts/sources-of-methane-emissions
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22 hours ago, Mikhail Liebenstein said:
Great news for those who love ageing propriety interconnect technologies.
https://www.telegraph.co.uk/politics/2022/06/08/britain-refuses-join-eu-ban-iphone-chargers/
More Brexit Bonus......but they won't rest until new 4K TVs are forced to come with a SCART Sockets and all PCs use RS232.
They'll follow the EU lead. They know they'll follow the EU lead, but they don't want to say they're following the EU lead.
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On 08/06/2022 at 20:58, Bob8 said:
I agree it is no coincidence. But, I think it is people thinking should be like they were.
Definition of conservatism.
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5 hours ago, TheResponsibleHouseBuyer said:
Think he just embarrassed himself trying to explain it. It's a good watch - recommend for entertainment purposes. Said something like when we give a house away the number of people who need a house drops lol.
They were exposed because they trialled this in 2018 with the pilot scheme and didn't replace the housing they sold off less than 1/3 were replaced (replicating the same shit thatcher tried before).
Yes, there was also questions asked about how they would pay for it (Rory Stewart), with no direct answer from the minister.
I took from it the Lib Dems were quietly in support (they smell of nimbyism anyway by their response, so expect similar), Labour against (again no policy of what the hell they will do as usual) and Tory minister just burying himself deeper in the sand when he talks.
So we can add the vanishing people fallacy to the landlords' vanishing house fallacy. Nice.
RTB should always have operated as a chain. Can't sell until the replacement is built, or at least has full planning and funding.
IIRC this opposition no policy strategy was pioneered by Cameron. I didn't like it then or now.
Do a little dance, it's 0.5
in House prices and the economy
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I don't believe there are any curcumstances in which Danny Blanchflower would call for a rate rise. In Blanchflower world the solution to any problem is a rate cut (and maybe some extra printing) He's a total loon that somehow still gets a platform.