

tep1
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Everything posted by tep1
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UK 2.2% June CPI inflation expectations - a total farce!
tep1 replied to Sausages's topic in House prices and the economy
https://www.thisismoney.co.uk/money/markets/article-9800479/amp/Chancellor-Rishi-Sunak-braced-increase-bill.html Parking this here! What has poor dishy rishy done?! -
If I had a pound for every person who tweeted that on twitter in the last 6 months I'd be a very rich man indeed!
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I know a few new entrants to bitcoin who bought at the top end and now have buyers remorse.
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I must admit had to think about the link. But could it mean free money obtained by private banks instead finds it ways into share buy backs and dividend payouts leaving less money sloshing around to lend for home purchases?
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UK 2.2% June CPI inflation expectations - a total farce!
tep1 replied to Sausages's topic in House prices and the economy
Yep you said it GD! -
You've got me confused now whats so different to how property log and property lion calculate regional asking price data to yield substantially different results? Did propertylion not report the opposite this morning? Sorry I'm failing to keep up!
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Rishi Sunak says financial services deal with EU 'has not happened' | Business News | Sky News Surprised nobody else has picked up on this story. But the forum title seems quite appropriate to insert here. I heard a figure somewhere potentially another ~90k banking jobs now at risk.
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Estate Agent loses job after manhandling Chris Whitty
tep1 replied to crash-and-burn's topic in House prices and the economy
Not even Boris the Johnson? Just asking -
BTL scum leaving and on the defensive
tep1 replied to highcontrast's topic in House prices and the economy
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Isn't there a lot of hoarding of containers in supply chains causing price increases? A bit like the TPM market since Microsoft enforced a minimum security level for a Windows 11 upgrade. A lot of scalpers have been buying up the market and drip feeding them back to the market at higher prices. Cynically, it wouldn't surprise me if there are alternative powers at force here.
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Just received this on topic email from H&L: Inflation, interest rates and government spending – what’s the latest? | Hargreaves Lansdown (hl.co.uk) Cannot agree more with some posters on here be we are in extraordinary times. I vaguely remember reading somewhere long ago, after the 2007/08 crisis, the next crisis will be the collapse and bailout of governments. I believe we have arrived at this point since global debt is now somewhere in the region of 350% GDP. It could be new national currencies or a global currency are on the way shortly, which make a start to a new beginning. Out with the old in with the new.
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@TheCountOfNowhereIs that really you?! 😂
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I would argue that rentier capitalism has been the foundation of the United Kingdom's economic policy from the 1970s onwards. But agree since, "taking back control" crony capitalism is on the rise and is destined to be the UK's new economy for the foreseeable future.
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And once the distraction ends all eyes will be on the government!
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Furlough ends, Mass unemployment begins?
tep1 replied to Warlord's topic in House prices and the economy
Perhaps @warlord you should spend your energy pointing to a country where capitalism has worked favourably for the many. And we can then compare and contrast with leftist economies that haven't been sabotaged bythe west. -
Furlough ends, Mass unemployment begins?
tep1 replied to Warlord's topic in House prices and the economy
Judging from the response maybe it could have been better put. It was a generalised jibe at the hypocrisy of anti-corbynites. I've nothing against consuming the piece of steak you've cooked. But I do prefer my steak medium cooked rather than too well done. -
Furlough ends, Mass unemployment begins?
tep1 replied to Warlord's topic in House prices and the economy
yeah! Everyone wants free money but nobody wants to vote for socialism. The irony. -
Furlough ends, Mass unemployment begins?
tep1 replied to Warlord's topic in House prices and the economy
I thought the furlough scheme ran through to september -
Furlough ends, Mass unemployment begins?
tep1 replied to Warlord's topic in House prices and the economy
although it sounds like an oxymoron, I think they are expecting the government announcement this evening to be a 4 week delay to restrictions from June 21st into late July.