WinstonSmith
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Posts posted by WinstonSmith
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48 minutes ago, Sancho Panza said:
The predominantly white 'antifa' always strike me as more intolerant than the people they protest against.
Always gets me when they come to Leicester.Weird bunch and hardly reflective of the sort of society they claim to espouse.
They're violent thugs who use minorities as a means to an end.
There's a video of antifa being battered senseless in Sweden by refugees. Its hilarious, they scream "but we're here to help you" as the refugees pummel them.
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Bringer needs therapy for his merc issues.....?
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Was pretty good until we got to uni fees, ice caps and brexit.
But then Bristol is the home of ANTIFA and middle class hypocrisy.
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I wouldn't feel too bad in your confusion OP.
I've been lurking on this site for many years now and i do the think I've ever seen such a divergence in opinion as to how one should position oneself for the gigantic sh#itstorm we all think is coming.
There are people long on classic cars, vintage wine, cash, equities, bonds, gold, silver and even the odd maniac/brave soul admitting to being in btl.
I don't think anyone can give you an easy answer as the simple truth is nobody knows how much longer the can be kicked down the road.
None of us thought it would be even close to ten years, you can count on that.
I wish you luck, whatever you decide.
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On 01/05/2017 at 2:10 PM, Darby Ram said:
It's true that the US market is historically very expensive at the moment and, because this index dominates global market cap, it tends to dominate sentiment, but other markets are on much more reasonable valuations at the moment - including, as you might expect, the UK. There's a good dashboard page here that tracks all indices over a variety of metrics. A global tracker will tend to overweight the overpriced indices but it's still the least worst option for most people (including me).
Precious metals are another decent asset to hold as part of a portfolio of assets. The idea is to find assets that are uncorrelated so that if one is in a bubble and pops, then the others make up the difference. If everything is in a bubble and it pops then we're all screwed anyway and our 'safe' cash will probably take a haircut.
So according to that chart Russia is massively undervalued at present.
I've seen a few "name" investors like Jim Rogers and Kyle bass say that Russia is a very good bet at the minute.
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I've lurked on this site for quite a few years now and whilst there seems to be general agreement that a big correction is due (timing: who knows?) I've never seen such disagreement as to how best one should position oneself.
There are those saying everything from gold, shares, Cash, antiques, classic cars, Bonds, even BTL.
"Knowing" disaster is coming is one thing, deciding how best to survive it is quite another.
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Just now, GrizzlyDave said:
Yes but goods and services or just goods. We (arguably) need services, the Germans need goods. That's the trade off.
Personally I say Fook services. Let the bankers have a proper going over. They deserve it.
Well that would be my negotiation:
"You need this, we need that. We can engage in self harm or you can play ball".
I'd personally like to see us rebalance the economy anyway. I also don't think life is just about money either.
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Just now, GrizzlyDave said:
Is chucking Turkey a huge bung to keep hold of the migrants rational?
Is wanting an EU army because the EU all about promoting peace rational?
Is grinding Greek pensioners into the dust rational?
It's rational if you're Germany and you're running the EU for your own benefit.
Greek pensioners? Let them eat Tsatziki
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Interesting how the people on here who'd describe themselves as economically of the left are concerned only with money.
I guess we're all Thatcherites now.....
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Free trade or the German car industry gets it.
That's the beauty of having a 75 billion trade deficit, tariffs are on your side all of a sudden.
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Most of my friends have their kids at after school activities every single night, and some in the weekends.
It came as a big shock to me as when we were that age it was almost unheard of for anyone to do anything like that after school.
As others have said, it doesn't bode well for the kind of adults they'll become.
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12 hours ago, thecrashingisles said:
Read about the French Empire and Algeria in particular.
I'm well aware of both. Your comment still makes no sense.
She had no political forefathers, shared few of her father's views and at no point supported immigration from the third world.
Other than that........
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4 hours ago, thecrashingisles said:
Perhaps the people who wanted to keep a large part of the third world as an integral part of France? The very people who were her political forefathers.
Doesn't. Make. Any. Sense.
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Yes, the garden trampoline is almost mandatory in this country.
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I wish i knew Count......
Turkeys don't vote for Christmas apparently, yet the evidence says otherwise.
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When the left are willing, enmasse, to vote for an avowedly globalist member of the banker class who is openly telling them he will remove protection for for workers and destroy public services, that's when you know the game is up.
Le Pen has every economic policy they'd support but they fall for the usual media "racist" line.
I hope they enjoy what's coming, it's richly deserved.
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1 hour ago, Muddlehead said:
But if she's determined to destroy France won't they just end up with a different set of violent clashes?
Why on earth would she want to destroy the country she loves?
Still, if she did then i suppose she could always open the borders to the third world. Whoops, someone beat her to it.....
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Well it'll be less rapey, less setting cars on fire and attacking the police.
Sounds like hell......
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So many non-sequiturs......
Tsipras was leader of his party for six years before he became prime minister. Macron hasn't been elected to anything, EVER.
Tsipras didn't just walk in off the street for a ministerial job and then suddenly say "hey I'm starting this new movement" and have people throwing millions at him.
Yeah, Le Pen is the devil, we've heard it all before........
Importing millions of snackbars is nothing to worry about, it's the middle aged blonde we need to watch. ?
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Er, you clearly aren't familiar with french politics.
That isn't how it works there.
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Most people are credulous halfwits, completely lacking in any curiosity, hence Macron.
He got a job in the French cabinet despite having ZERO experience or qualifications for such a position.
He was handpicked by Rothschild's for an 11 billion Nestle acquisition deal that made him a multi-millionaire overnight.
His experience in mergers and acquisitions? ZERO.
He portrays himself as a working class man of the people yet both of his parents were doctors and he had everything handed to him on a plate. His sense of entitlement is overwhelming.
He even started phoning his then 40 year old drama teacher at home when he was 16 and pursued an affair with her, despite the fact she was married with five children.
That alone should tell you the character of the man.
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9 hours ago, Mikhail Liebenstein said:
And when all the care workers leave, they can also sit and gently marinade in their own p1ss. Good old Brexit.
Loves immigration for the cheap labour.
What a good socialist......
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11 minutes ago, monkeyman1974 said:
Appreciate I live in an echo chamber but does any really support the foreign aid budget? We are borrowing money daily, some of which we give away.
Well done to her on the triple-lock
People with no skin in the game (insulated by wealth) support foreign aid.
They care about looking good not doing good.
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27 minutes ago, Venger said:
How do you know you? That's casting 100,000s of adults with PCP deals as lessor than you, or stupid, and hints at them being victims of finance companies.
I suggest many of them could be far smarter than you are, and perhaps with higher disposable incomes.
All cars are expensive to run. Fuel and insurance.
Everyone can weigh up a monthly lump of £120-£300+ PCP/lease payment against their incomes before they proceed to sign for a nice modern car.
They can weigh up possible cost-saving advantages of saving for a few months and buying an older car.
It's pretty simple.
Doesn't need those who believe themselves to be ultra-superior and in the top 5% of thinkers to cast everyone else as so stupid incapable of making basic informed decisions. Or sneery people who believe their older South Korean marque is car so much better than those buying new Mercs not getting same value for money.
Choice. I defend it.
On this thread we have people asking what happens if individuals if they are in a change of circumstances, and finance company not being able to recover debts against them because the person now doesn't have the flash new motor to get to work.
Interesting that you (predictably) responded, you are after all the chief exponent of the straw man on here.
My iq places me in the top five percent so no need for you to suggest anything. What about yours?
Whether their income is higher or lower than mine is irrelevant when addressing if long term car rental makes sense financially.
All cars are expensive to run? Not really, it's relative.
Everyone CAN do lots of things. But most don't. That's why they're stupid. Pretty simple really.
Damn you're taking it to heart about the Merc, you must have one. Nothing wrong with badge snobbery, we are all free to choose as you say. The fact remains that the gap between "luxury" marques and the rest has narrowed to nothing. Sadly the prices have not. I'm sorry that this distresses you.
We Are Facing Another Global Financial Crisis Of Epic Proportions
in House prices and the economy
Posted
That chart shows debt falling. Right?
Which is good. Right?
What am i obviously missing?