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Casual-observer

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Posts posted by Casual-observer

  1. 10 minutes ago, Stewy said:

    The next MPC meeting is this week, and they really ought to cut rates. 

    Inflation is haemorrhaging and it is better to cut rates now rather than savage them later.

    A 0.25% starter snip would be about right IMO. 

    This thread is pure spam and it's simply an extension of every other thread you've spammed suggesting the BOE has been behind the curve for 12 months.  

     

  2. 3 hours ago, Bob8 said:

    This has been a terrible election for Reform.

    The managed to stand in the West Midlands and thus give Labour the win against a very good Tory candidate.

    They did not stand in Teeside and gave a very bad Tory candidate the win.

    The lesson is similar to the one we got from the SDP in 1983, it is a wasted vote. Vote Reform and get Labour. Just as voting SDP helped the Tories.

    Most Reform voters will flood back to the Tories in the general election, and Labour will still win but it will be closer. And Reform will be nothing and win no seats.

    This is a nonsense theory for two reasons: 

    1) This is repeated nonsense pumped out regularly seemingly (I can only imagine at this point) to try and prop up a failing two party political landscape. 

    That very strategy was tried if you recall, Farage and Tice did stand down before under different guises.  The last time it was done it enabled an 80 seat Tory majority of which they haven't done jack sh1t.

    The tory party has acted as if it has been powerless to do anything even with this thumping 80 seat majority. Giving the Tories thumping majority's is also a waste of a vote because you still get nothing remotely conservative. 

    2) The argument here is based on extremely low voter turnouts. 

    As per the referendum there's an enormous potential to try and tap into the vast majority who didn't vote at all as opposed to trying to cover the same ground of two dying parties and therefore trying to tap into a existing minority of the electorate who are unlikely to switch allegiance anyway. 

  3. 2 minutes ago, Bruce Banner said:

    Starmer is not a Jew, although his wife is.

    Aye

    Anyway, here's the Oldham results. 

    Werneth - Ali Amjad (Held)

    St Mary's - Aisha Kouser (Gain from Labour)

    Coldhurst - Montaz Ali Azad (Gain from Labour)

    Royton South - Jade Hughes (Gain from Labour)

    Alexandra - Zaheer Ali (Gain from Labour)

    Shaw - Lisa Navesey (Gain from Liberal Democrats)

    Waterhead - Stuart Allsopp (Gain from Labour)

    Failsworth West - Majid Khan (Gain from Labour)

     

     

  4. Slow death of the two main parties where neither will be able to secure victory in a FPTP system before long. 

    To the right....Tory MP's got their wish, picked their leader based on the wishes of a billionaire in India and are actually shocked they can't flog this to a UK electorate. 

    To the left a labour party so critically dependent on a postal vote bloc it's only winning seats based on the collapse of it's main rival. To win seats with less of a vote count as last time is truly embarrassing. The Oldham result is also an indication their Muslim vote is on the verge of abandoning them. 

    Can't quite see Starmer's Jewish beliefs ever being able to satisfy those demands. 

    It's a good election to lose and a labour victory will bring forth a lot of internal issues that could sit on ice whilst they were out of power. 

     

  5. 23 minutes ago, btd1981 said:

    Who is this guy trying to make an appeal to? 

    https://www.theguardian.com/news/2024/may/02/i-am-moving-tycoon-bassim-haidar-non-dom-tax-status-super-rich-exodus

    'more than ten properties in central London'

    People like this just come across as leaches of society.

    So you're paying less tax than you could be, still have wealth beyond most people's wildest dreams, and you've denied a route to secure home ownership for at least ten households, which will ripple right the way down the ladder.

    Bye then!

    Because as explained he's rich enough to be a nomad so why bother trying to tax the likes of him? 

    It's a total waste of time and self defeating 

  6. 22 minutes ago, Si1 said:

    I think I agree generally to some degree.

     

    People forced off the treadmill by recession and pandemic also realise that you can live quite well on very little if you forgo status symbols. I'm pretty sure that's why a lot drop out of the full time aspirational workforce. I don't think it's damage per se from the individual's POV but the owners of capital might see it as damage to their asset returns.

    The real worry for them is increasingly young men not even getting on the treadmill in the first place.

    i.e. not even bothering with higher education and swerving western debt servitude. The vast majority of uni applicants in America is female and eventually that pool will most likely run dry too. 

    Anyone familiar with history knows this is the eventual path to revolt, i.e. when the pool of disenfranchised men reaches a critical mass.

  7. 12 minutes ago, msi said:

    ...hoodwinked by ....boomers.  See the pattern?

    I'm guessing you got sh*fted in a messy divorce.  Can't help you there.

    Nope, I'm perfectly fine, thanks for the concern. Me and my partner will be mortgage free in two years so no worries here. Your glib comment can therefore return back up your ar$e. 

    I'm merely making comment on a thread as to reasons why men are specifically dropping out of society. Divorce and the costs of it will be a significant factor, irrespective of your one horse boomer trick theory. 

  8. 22 minutes ago, msi said:

    It is when Boomers blew up every path towards that, then blamed it on 'others' with m*ronic arguments

    Financialisation came straight from the Deregulated 'Freedoms' signed off by the Boomers in the Reagan-Thatcher years.  Suddenly Banks could lend on residential property backed by money markets and securitised lending instead of savers deposits via Mutuals.

    Who got free Student education, then decided it was too expensive to pay through thier taxation and created a god awful loan system, backed up by Financialisation? 

    All resulting from increased 'affordability' of higher lending multiples and a 'flexible' workplace, just as Boomers leave the workplace collecting their Final Salary pensions and Early release equity.

    Ah yes, deflect to women when the same boomers simply left Gladys for Svetlana the temp...Why would they have to pick up the bill when they can spend it on trips to Thailand ...

     

    We agree on the problems, not so much on the source of the problems. 

    It's more nuanced than merely blaming 'boomers'. It's just as easy to say boomers were hoodwinked into what path we were going down. 

    The legal industry for example (whom have a heavy influence of western politics) has turned marriage/divorce into an epic legal minefield 'business'. 

    The banking industry alongside Govt turned housing into a complete gig. 

    I've seen as many 'boomer's fall victim to this as anyone else. The problems more noticeable in the younger generations because we're simply further along now on a path of destruction. 

    A couple splitting up 30/40 years ago was far more palatable financially than it is today. A divorce today can easily see a man homeless and forever in debt for the rest of his natural life. The debt risk that goes along with marriage now is too big to ignore anymore. I'd say on average women are far more ignorant of this brutal reality given the subject title of the thread is 'why are men specifically dropping out of society'. 

    A part explanation is with a legal framework that by default overly protects women, men are then increasingly seen as disposable assets therefore the standard western lifestyle of marriage and kids isn't working anymore for men....because when it goes wrong the mans generally f**ked for at least 20 years doomed to a bed sit or his mothers couch. 

  9. 53 minutes ago, msi said:

    Not a mugs game, just an illusion as stupid gammon boomers pull up the ladder behind them then justify scr*wing folk over with m*ronic arguments and self righteousness.... ;)

    Yes and no really.

    Wanting a home with a job, wife and kids is/was perfectly normal and I wouldn't really see it a boomer specific problem. 

    Problem is each component became hyper financialised and fraught with adverse risk over the years with little room for error or breathing room. It's too much. 

    • A half decent corporate career means eye watering student debt you'll never pay off. 
    • A bang average family home means eye watering valuations hence even normalised interest rates requires a lifetime of servitude and you're one recession or one divorce away from the rug being pulled from beneath with a lifetime of debt hanging over you still. 
    • On top of this you've got a 50% marriage failure rate now where again the man predominantly becomes a virtual financialised slave until the kids are out of university. By then you'll be facing poverty in the face at the lag end of you working career.  Again no breathing room for a recession or disability or a change of career. Get behind on that alimony and off to debtor jail you go. 

    Far less risk averse to simply opt out and men are far more capable of coping with lesser way of life for 'survival'. 

  10. Really this is boiling down to men opting out of the archetypical middle class American lifestyle…which has become a mugs game.

    They’ve somewhat alluded to it via the recession link. As more men got took out by recessions, it’s just exposed how ruthless the marriage game has become.

    After decades of this you now have enough of a young cohort who have seen either their own fathers or their peers get absolutely shafted in divorce courts as they naively went down the archetype American dream of an expensive house, wife and kids.

    I can’t recall the exact definition but lower tier prisons in america are effectively debtor jails and the spine of that population are single fathers unable to keep pace with child support/alimony. 
    It’s far more ruthless in America and they’ve no scruples chucking you in jail for even one missed payment.

    Marriage and kids in the US especially has now become hyper weaponised.

    As men opt out of that gig it simply means an increasing amount of men don’t ’have’ to go down the traditional 9-5 full time career road anymore and the same applies to going to university and loading up student debt you’ll have for life.

    They’re reading the stats and are realising what’s going on but as yet no msm mouthpiece will dare spell out the real drivers behind it

     

  11. The UK turned itself into a mutation of Australia. 

    Whereas Australia sells gig beach/work lifestyles to experienced expats, the UK flogs gig degrees to ignorant foreign youths with the promise of middle class jobs at the end of it. 

    None of which is true for the majority. 

    It sounds likes in both camps the reality is becoming too widespread to now hide. 

    Either

    • Be prepared to work in sweltering heat in the ar$e end of Australia

    Or

    • Be prepared to get a degree in the UK and end up in a minimum wage job in McDonalds. 
  12. 1 hour ago, Blobsy said:

     Look at the big picture, especially this country, it just isn’t possible yet there are still those willing to make the BIG bet on property.

    Recency bias is a powerful force.

    The spine of what drove HPI was rampant BTL lending and the predominant reason behind that was rampant asset inflation. Without that key component HPI is simply out of puff. 

    There is f**k all profit worth to be had being a landlord in resi if the asset price isn't flying up. To make it worthwhile just on rental income alone it needs to be nigh on mortgage free.   

    Even *if* rates dropped incrementally that won't be enough in it's own right to just bring back the sort of BTL lending required to get rampant HPI going again. 

  13. 18 minutes ago, mynamehere said:

    I can’t think of any other reason to be pleased about stagnant prices/real prices unless you plan to leverage future wages via a mortgage?

    as for paying rent with stock returns, been there done that, it’s not for me anymore, the day to day uncertainty stressed me out. I want to relax in my dotage, not deal with landlords and oil despots  

     

    Agreed on that score hence I am very happy to be mortgage free in two years with a good part of 20 years of income ahead of me still to bank and invest. You don't and won't want the headache of renting, especially in this country with the way immigration is going to past age 50/55. 

  14. 20 minutes ago, Social Justice League said:

    Yeah I know.  I'm just trying to make the point that we need enough social housing to meet demand.  Not everyone who is homeless is a degenerate bevy merchant.

    Before Thatcher sold off the council housing stock in the 80's and didn't replace it, most people who rented from the council had jobs.  Not everyone wants a lifetime of debt for a roof over their heads, so they used to be able to choose to live in a poorer estate that many wanted to leave.

    Capitalism will provide a price point for all consumers if left to work as it should.  Unfortunately what we have now is not capitalism.

    Ikea should be throwing up millions of affordable flat-packed houses right now, so where are they?  The demand is there but our corrupt financial system that isn't capitalism won't allow it.  

    It's embarrassing because anyone with half a brain can see right through the current narrative.

    Problem is you're harking back to an era that was still very much job and family orientated where long term careers were still a thing and close knit communities (via religion) still existed.  

    I'm not quite sure what the future holds for this country as it looks to me we are witnessing the beginning cracks of a society with too many opposing forces pulling in different directions. 

    The welfare systems a joke, national and local Govt can't fulfil the needs of a significant proportion of the population on the grift and from my chair I'm seeing a LOT of mainly men tuning out of the current system. 

    I've said this before but religion in the west collapsed and nothing really replaced it. 

  15. 16 minutes ago, Social Justice League said:

    We could give the homeless jakes an old caravan ffs.  A shipping container with holes cut out for windows is better than the street.

    The real reason for homelessness is control and a sign that those who don't play the 'worthless fiat debt game' get denied shelter and everyone calls them scum.

    It's a bit pathetic, but then that's human beings for you.

     

    Located where? 

    Then what.....? They're hanging around the city (shops/heavy footfall areas) begging for 'worthless fiat' to buy what they can....sandwiches, drugs, fags, coffee...etc 

    They're not going sit in an empty field in a caravan surviving off thin air. 

    I can guarantee you they'd locate back to where they currently are near my office in a heartbeat. 

    All you'd be doing is separating them from their predominant income stream. The point I'm getting at is you need a better safety net to capture mostly homeless men from falling through the cracks in the first place....once they're there it's nigh on impossible to get them back. 

  16. Most of the homeless men I see floating around the city are blatantly tuned out from living a modern life though. Offering basic shelter is one thing  but then what, a roof over their head isn't going to get them off drugs and they suddenly be  capable of picking up even a minimum wage job where they're paying ground rents of £600 minimum a month. 

    Once you've entered this sort of territory you're very unlikely to get off the streets...it's a one way path on average. This is what happens when you pile immigration volume onto a system where there is no safety net and little slack for error or bad luck.

    What little housing social is left is now hoovered up by single mothers gaming the system meaning there's very little slack left in the system to offer cheap housing for anyone else. 

    The indigenous population just aren't having enough kids anymore, the national debt is only being carried by farcical immigration volumes and the cracks in infrastructure are really starting to show. 

  17. 11 minutes ago, debtlessmanc said:

    I agree there will be a lot of old people going forwards who regretted not  having kids. There Are at least two people will turn up to my funeral who give a shit I existed. Some say “so what” I am not sure myself.

    Personally I wouldn't care who turns up at my funeral, I'll be too dead to care. 

    The problem is simply going to be this. 

    Westminster will (and has to) kick open the doors to different cultures to get in the numbers to keep the plates spinning and these immigrants will simply bring with them more traditional third world beliefs...which is family, work and religion. 

    It won't be first world jet setting beliefs. 

    Gen Z will end up being politically useless, homeless and seemingly skint if they spend their twenties and thirties single, childless and jet setting. The real worry is if it creates a huge cohort of single, childless men..... that's a recipe for disaster. 

     

  18. 4 minutes ago, debtlessmanc said:

    Surely the US shat on the uks (and France’s) influence post war at suez?

     

    They did but what happened was UK industrialists were thrown overboard and the UK banker class switched to our current hyper finance model. 

    Clearly a strategy was we flogged London property (with US involvement)  as a way of capturing a lot of BRIC money here. Russian money flooded London and it looks to me it was an attempt to conduct this mythical soft power Britain supposedly has in the world which the Chatham house crew frequently alludes to. 

     

  19. 13 minutes ago, debtlessmanc said:

    Big issue- do they want kids? My daughter aspires to a jet setting lifestyle and living in a nice appartment, she keeps going on about my wife’s place when i met her. - she was a finance director, my daughter wants to be a primary school teacher. Children are not really a priority for her. 
    I think if she met a guy would keep her then she would. But how does this lie with feminism? I have always taken the view that feminism has not done much for women.

    They may not but it will have long term societal consequences. They likely will once they're 40, alone and unable to economically compete being alone. That's where todays immigration numbers are going to lead you on that lifestyle. 

    .....but try telling that to a 20 year old girl today. 

    Culturally no one's allowed to spell this out, apparently. 

    Seemingly Gen Z will be facing up to a brutal reminder of why religion and monogyny came about in the first place and it was little to do with this patriarchal nonsense. 

    You don't and won't get a modern society where you can jet set in safety if you do not have a spine of hardened married fathers invested in your society prepared to maintain it. 

  20. 23 minutes ago, Social Justice League said:

    Totally agree.  America held the winning hand after WW2 and have completely blown it.

    How you can get it so wrong in such a short space of time is astonishing.

     

    Problem summed up right here. 

    Michel Regueiro on LinkedIn: #entrepreneur #motivation #energy #bane

    Deindustrialised and swanned around the globe feeling invincible by bombing a few third world armies. 

    I also suspect British input had an influence. 

    Far too much reliance on thinking conventual weaponry wasn't needed anymore to win wars. You simply pushed a few buttons, spin up some sanctions (economic and financial) and your enemies would collapse. 

    Seemingly huge faith was put into Russian oligarchs with assets in the west would create internal strife in Russia, it didn't materialise and now we're critically short of heavy industry to pump out cheap ammo to have a hope of winning a large conventional war. 

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