NoHPCinTheUK

Sorry, could you please develop your sentence? I am assuming that, since those products are not mentioned there, under WTO rules, fruits and vegetables already trade with 0 tariffs?

I couldn't find any fruits or vegetables. Does it mean that for this particular products will be business as usual?

Maybe alrady posted here, but here you ca find all the tariffs that will apply from Nov 1st. It cleary says that this applies to all third countries after Brexit. https://www.gov.uk/government/publications/temporary-rates-of-customs-duty-on-imports-after-eu-exit/mfn-and-tariff-quota-rates-of-customs-duty-on-imports-if-the-uk-leaves-the-eu-with-no-deal

1.2 million for a flat lol

Negative IR only makes sense if you have debt to roll over. From an investment prospective, it would only make sense to adjust the risk profile of your portfolio. Which is a technical exercise. Alpha on negative IR bonds is by definition negative. I don’t really see any other purpose but the roll over of debts in this scenario, sorry. Country A and Country B trade and are successuful economies. Country B starts a civil war. Businesses and investor in country A get scared and Country A CB lower IR to make investment process easier al less costly. However the market is simply not there anymore. People in country B are either dying on the field or too busy to survive to buy stuffs from A. The money in the system in A will not finance new productivity as the customers clients no longer exists. Businesses will either take more debt on board for useless investments or asset prices will sky rocket in A. Hence, rather than printing money A should invade B and stop the war. Who is A and who is B today?

Another 75 billions today. Oversubscribed again. 75 vs 89.

Another 75bil to be pumped today. 150bil in two days. 10 bil less than the sum the ECB is going to put on the table over the next 12 months. These news are really worrying and I think we are in the phase “Oh sh.. we found a hole but we still don’t know how deep it is”. I will look back at Ray Dalio’s book to see what happened in 2007. Houston, we have a problem? (Again)

This is huge.

Sorry for the bad grammar. Typing from my phone and it keeps “correcting” me for god only knows what reason.

The working class/low class call it whatever you like has always been the arm of the upper/noble class. European history has always been about the rise of middle class/borgesois against those who wanted to private them ogni their freedom. The most successful “revolutions” or change of governments were always driven by the merchants (back in Middle Ages Italy, were Venice, Florence etc. were state cities actually run by the local middle/class or Modern Era Germany and post-revolutionary France.). Every time they demanded a written document or Constitution (1848) to set the legal boundaries everyone who might have found himself in power had to follow. This is again a norm directly taken from the complex private legal and commercial laws these people developed over centuries to protect their businesses, just applied at a public level. So, a Middle Class might exist in England under economic terms but their contribution to public life has always been and continue to be of little importance.

This are the times when you regret Britain not having a proper middle-class. Middle-class as the ones you have in Europe and the US. It’s called Bourgoeis I think. Middle-class have built modern democracies in Europe and America. I think the English noble class were quite smart understanding that they had to give something back. However, nothing like that happened in Europe. In 1848, Nobles had to surrender and give everything back! Middle class wouldn’t accept a compromise. Maybe the English middle class never thought they had the right cards to play this hand? Maybe too weak?

And this is a big problem. PMs have too much power. The House seems to have no tools to prevent someone not acting according to common sense.

I think the UK is the only country in the world where a PM decides when to open or close a Parliament according to his own political agenda.

Developers offering £1500 vouchers towards your next holiday and John Lewis shopping. Market is dead.

I wouldn’t worry too much about the £. The “fall” happens every year around July-August. Summer season, flying to the med, holidays etc.

That’s probably the price I have to pay. I was hopeless outside this city. I have come to the conclusion that this won’t be my spot on this planet and that I have to see it as in investment to liquidate somewhere else. I am glad I was given the opportunity though and London will get a special place in my memories. I’m not willing to compromise upon my quality of life and my personal finances.

Take an ETF or a Mutual Fund, Fixed Income products. Investment Grades bonds pay nuts so you have to turn to High Yield. You put 5-10% of HY in IG products, and you think this is fine. However, you might soon realise there s no market for IG and you have to sell at a lower price. Investor get scared and sell you fund/ETF. Guess what happens.

Morning star suspended rating on Nataxis’ H2O Allegro Fund. Starting to wonder how many funds are swimming in the same water.

Just read BoE to start lending to SME. Helicopter money.

I hope not. No BOMAD, only savings and with my partner no hope of buying. At least half a million for a family house in London in not so nice area. Household income 80ish k per year. If prices go up we leave. I love London, but I m not going to work +30y for a mortgage.

I hope not. No BOMAD, only savings and with my partners no hope of buying. At least half a million for a family house in London. Household income 80ish k per year. If prices go up we leave. I love London, but I m not going to work +30y for a mortgage.

What economic collapse? 2008 has been a walk in the park. Few banks were bailed-out, they had the news and the blood. Economic collapse is Argentina 2001, Greece 2011. 30% uneployement, 3 bed flat for €10000 in Athens city centre. That’s a collapse.

I ve also read poeple are not buying £1000 phones anymore.

Inflation is low, all economic indicators are heading south. No way the BoE will raise rates.

News from China are not good. Tariffs slow down the economic activity, banks cant get their money back and suffer. UK banks are exposed to China. More than their US-EU-Japan positions combined. This is the elephant in the room.