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dugsbody

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Everything posted by dugsbody

  1. Brexiters will never be over it because of the nature of brexit. There always needs to be an enemy. Boris understands this very well, hence he will keep tensions high.
  2. No problem. Tax the young more and blame it on covid. Jobs a good'un.
  3. This is the correct answer. I am pro a state pension but I want things to be fair and remain fair. Triple lock is a bit of a kick in the teeth for the working generation because it means state pensions will always rise more than workers wages (because wages will sometimes rise below inflation). The younger generations are already priced out of housing, lost access to DB pensions, lost free university, have had police force cuts, NHS cuts, library closures, pension lifetime allowance cuts, static tax bands that don't keep up with wages, are poorer at each equivalent age. Then you
  4. Yes, but that was expected. When I'm lazy (which is often), I just look for what a loony brexiter is arguing and take the opposite view without thinking too hard. Guaranteed greater than 90% success rate.
  5. So we're back to unicorns. Brexit might be shit but that is only because of the darn <BLM, woke, lefties, remainers, EU, etc> Huggy has the full list somewhere, I lose track.
  6. I already covered that in my post, did you not read it? I did so explicitly because I know this is the default fallback retort. You have nothing really to contribute except sealioning around this thread.
  7. I don't give that level of theoretical question much thought. From a practical point of view what the EU did was provide a mechanism for more integration and treating people equally, giving them the rights that I think should naturally belong to all humans - the freedom to be treated the same whether you're a shed builder, fish packer or banker. Of course, the EU still has external borders so it's not some utopia and I understand could never be, but brexit was a regressive step away from those principles that are important to me. Note, I've made it clear a number of times, I am not myself
  8. I'm not asking what will happen, I'm asking you to articulate this better deal you said we would have got if not for the darn meddling remainers. Still waiting....
  9. I admit, I am ignorant on how final salary pensions work in specifics. It was a conversation a couple of years back and we were talking about the different paths our lives had taken and she mentioned she was lucky enough to have a final salary pension and said her salary was upward of £100k. I didn't ask more details but was inwardly shocked at how good that sounded. Thanks for pointing out that I misunderstood the detail. Does anyone actually get the "final salary figure"?
  10. Selling debt to buy assets you could not have otherwise bought is leverage. They are leveraged. If bitcoin goes against them, the leverage will be the killer. If it goes for them, they make outsized gains. That is what leverage does.
  11. Still waiting for you to articulate what this better deal is that we could have got if not for the darn remainers......
  12. You mean, do I think of Europeans as "us" rather than "them"? Yes, I do.
  13. Yes they are using leverage. They do not have enough cash to own the amount of BTC they now own, therefore it is not 1 to 1.
  14. To me, a nation could deregulate and undercut their neighbours to the nth degree and therefore possibly prosper a bit more in the short term. So in theory, this could happen for the UK. But that goes against the principle of the EU which is to mitigate against stuff like that, which leads to rising tensions between neighbours. We could just dissolve the EU and let all the nations of Europe compete against each other with currency wars, deregulation, etc. I think some will prosper and some will lose. Overall, Europe will lose though. Which is why I support the EU and being in the EU.
  15. You are making it up as you go along. You have an opinion about everything and present it as fact. I said, on this thread, several years ago, that the EU, like any other large power, would never let an external party be their banker long term. It is completely obvious that this would not happen. You can call it ideology if you want but it is much more than that, it is a matter of practicality and importance for them. I was told that they EU had no choice because London was all powerful, by people who don't have a clue what they're talking about but desperately want to believe it.
  16. But people called Pawel can no longer move to the UK, so the graph is irrelevant (or it can be hand waved away).
  17. I agree, our options are good in this country but it is more about the fairness and yet another kick in the teeth for the younger generations. We will be the first generation not to have tax free pension contributions. So that is DB pensions gone, affordable housing gone, ability to accumulate wealth severely behind boomers, free university gone, etc.
  18. These people didn't even have to do that. They were simply enrolled and entitled to a final salary pension scheme, the value of which is enormous in today's economic climate. I know someone who works for the public sector, is enrolled in a final salary pension. Her salary is over £100k pa. Only in my wildest dreams could I hope to achieve a pension withdrawal of > £100k pa even though I've lived very frugally in order to maximise my private pension savings. To get something similar I'd need to have saved over £3m in my private pension. Honestly, if you work for an employer who is
  19. I think by now it is fairly obvious and accepted mainstream economics that the biggest driver of property price increases globally is credit. The information is available, the experts are mostly in agreement, and at this point if people don't want to believe this then there will be no convincing them.
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