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APerson

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  1. Multi-cultural societies are ripe for being run by oligarchs. They just play all the waring ethnicity against each other and everyone ends up with neo-liberals. Look at America - Bernie lost out to Biden and now they have some old guy who just represents corporate interests. In the UK we'll end up with a Starmer/Blair 2.0 in power who wont be different from Boris
  2. Good post - With this level of profit per mortgage the people may as well just borrow from the bank of England directly. There's really no reason for commercial banks to exist, they just skim off the top for no reason.
  3. This is very interesting and confirms what I have suspected - any other info and what the future plans are?
  4. Correction - will not consider at those wages. Raise the wages and they become viable. They are only attractive to immigrant labour as they can live 5-10 to a room and send the money back home. If they stay their second generation kids wont consider them.
  5. The stock market crashes, I sell my £10k's worth of silver for £500k. House prices crash 80% I then finally get a nice 3/4 bedroom house in the Rural South East paid for cash. This is my plan. We're all gonna make it boys!
  6. as I mentioned previously: "My target is $1000 but what I'll do is put in a stop loss about 50% of the price once it its $400 and keep moving it up as the stock rises as no one knows how high it could go. If it gets ridic high (above $1000) I'll up the stop loss to 66%."
  7. Either I make some money or the system is exposed. Its win-win. Happy to be part of this.
  8. The story checks out, its shorted too much and it has to buy increasing the stock. I've put my money where my mouth is and time will tell if I've been conned or not. If you'd like to take the other side of this bet I dare you to short one stock and prove me wrong
  9. From the other thread: I bought 1 share at $350 through etoro. It may fail but I wanted to be part of this movement. My plan is to hold until the short squeeze happens which may be friday or at some point next week. My target is $1000 but what I'll do is put in a stop loss about 50% of the price once it its $400 and keep moving it up as the stock rises as no one knows how high it could go. If it gets ridic high (above $1000) I'll up the stop loss to 66%. Its very exciting but be prepared to lose everything. A lot of the fun is in giving the hedge funds a blood
  10. Yes, it is a bubble, but the whole point is that the shorts will be forced to buy a huge ammount of shares so the price will spike. The plan is to unload when the shorts are forced to buy.
  11. I bought 1 share at $350 through etoro. It may fail but I wanted to be part of this movement. My plan is to hold until the short squeeze happens which may be friday or at some point next week. My target is $1000 but what I'll do is put in a stop loss about 50% of the price once it its $400 and keep moving it up as the stock rises as no one knows how high it could go. If it gets ridic high (above $1000) I'll up the stop loss to 66%. Its very exciting but be prepared to lose everything. A lot of the fun is in giving the hedge funds a bloody nose. Wish me luck! DIAMOND
  12. In theory it should cover the bottom 1/3rd of the market for the type of property. The reality is that you'll find almost nothing on any website for the rent they offer. I think what happens is that whatever the housing benefit rate is set as becomes the bottom level that landlords will accept and all these go off the market straight away. You can test this yourself: Work out the rent for an area here: https://lha-direct.voa.gov.uk/Search.aspx Then compare it on gumtree/facebook marketplace/spareroom. It actually used to be even worse. They put a freeze on HB increa
  13. I've been on UC since the pandemic started. I've worked most of my life and until this only been on UC or JSA for at most a few months inbetween work. I'm a single bloke under 35 living in an HMO. My rent is roughly £450 which is a very good deal for my area. I get roughly £380 housing benefit. I then get about £400 to get me through the month. I'm very lucky as I don't have much debt and I am good with money so my bills are low, phone is paid off, I drive a reliable toyota which is £400 (I live semi rurally so I need a car). Minus the gap in rent I have £330 to live on.
  14. Yep this is the correct take. The people screwed over by the system but who still function in society are crammed into HMOs, or having to live with their parents into adulthood and unable to have proper families due to the situation. The people who are on the streets have usually had bad childhoods which has lead to drug, alcohol and mental health problems. Those who can function and have fallen on hard times can usually find a friends sofa to sleep on.
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