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House Price Crash Forum

PeanutButter

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Everything posted by PeanutButter

  1. Very interesting, also the mention of "gender bending chemicals". Big rise in people identifying as opposite gender these days. We've truly allowed the petrochemical industry free reign on our bodies.
  2. This guy? https://www.desmog.com/2017/11/10/victory-journalist-accuracy-complaint-contrarian-climate-scientist-thrown-out/ Super weird that he raised a press complaint about being described as a climate change denier... 🙄
  3. Have a good long think about providing us with your credentials for knowing MORE about the earth's climate than NASA.
  4. Relying on the state in retirement should not be considered a bad thing, for those who have contributed by working their whole lives (this does not negate the contribution people who raise children or are genuinely disabled give to society). In other new has anyone heard about the Polish New Deal? Poland is going through some Stuff right now. 😳 Hereby starting POLEXIT
  5. 😂 Can’t wait to process their ice core samples 😂 🪑👨‍🔬
  6. I must be a saint 😇 Good tenants are worth keeping. Mine are definitely underpaying and that's fine with me for the next 2 years.
  7. Latest check: 0.94 still lowest (with 1k fees) HSBC. My remortgage process started in July and has still not finished. The UK is a country of scraping by, making do, just in time, bare minimums. It's astonishing to see people I know overseas (in Australia, USA, UAE) move into their properties within anything from 2 weeks to a month after acceptance.
  8. Yeah, This is definitely not a waste of taxpayer funds at all...https://www.heraldscotland.com/politics/19547978.scots-feminist-hate-crime-case-continued-consider-human-rights-issues/
  9. Surely it means a temporary phasing out of just in time logistics, and greater long term warehousing? I’m doing it myself when I see something in stock at a reasonable price I buy several and store them.
  10. Tiger farm. Bred for their skin, teeth, penises etc. Until corona CCP had an active policy of encouraging wild animal farming for food and Chinese medicine. Trouble with farming women is that it takes them out the workforce though. Those dexterous little fingers so valuable for electronics manufacturing. I’m sure they’ll find a way to ensure compliance and motivation.
  11. Correct, but I think most of the mums are dealing with their 'forever home'? I expect lenders to see a surge in longer fixes.
  12. The message has reached the mums… 2-year or 5-year fix? By how much are interest rates going to rise? http://www.mumsnet.com/Talk/property/4372219-2-year-or-5-year-fix-By-how-much-are-interest-rates-going-to-rise
  13. Just found out you can buy stabiliser additives to extend the shelf life. Also, it remains flammable for many years. https://www.rac.co.uk/drive/advice/know-how/does-fuel-go-off-old-fuel-and-fuel-storage-questions-answered/#:~:text=Generally speaking%2C petrol has a,quickly it will go off. Generally speaking, petrol has a shelf-life of six months if stored in a sealed container at 20 degrees – or just three months if kept at 30 degrees. The more it's exposed to heat, the more quickly it will go off.
  14. A) At great expense and using constant vigilance and decades of expertise. Lucky they're a wealthy developed country. https://en.wikipedia.org/wiki/Flood_control_in_the_Netherlands#Current_situation_and_future b) Denialist bingo: Mention of Australia in 1974! (Next bingo probably mini ice age) c) I'm not anxious in the slightest . But I do enjoy watching armchair experts contort themselves. Remind me again what qualifies you to know more about climate change than NASA? https://climate.nasa.gov/ Have you emailed them with your findings about 1974? d) Young people? So you're old? Not sure I've seen you engage much with discussions around a house price crash, come to think of it. Why is that?
  15. Right, what do we all think of this? https://www.dailymail.co.uk/news/article-10079999/Economists-warn-groupthink-stopping-Bank-England-lifting-rates.html
  16. 13 years after investing in an obscure Chinese automaker, Warren Buffett’s BYD bet is paying off big Agreed, lots of research, lots of money. Rapid changes happening.
  17. Says the person advocating building walls to counter sea level rises 😂 You never did answer with the details of your calculations for major city flood defenses. For 20cm sea level rise, tell me how much concrete it will take to build a wall for say, New York City? It's not about flooding in China (although that does seem to happen a lot these days). It's about paying attention to patterns. Pattern recognition, useful skill. Like the pattern of you derailing and scoffing and posting outdated charts but never quite explaining your motivation here. Are you even a priced out UK homebuyer? Are you a vested interest?
  18. Cobalt and nickel free. Tech is changing. https://www.ft.com/content/fcbc860b-51cd-40d8-b65f-db97ce9adc57 Battery technology gives China an opening in electric vehicles Backed by Warren Buffet, BYD is pushing into overseas markets. It hopes its cheap and powerful batteries will help it sell cars
  19. The first link listed argues for financial repression. None of the articles endorses inflation as a sole means of controlling debt. So I suppose the answer to @Locke 's question is, I cannot find a country that has successfully used inflation as the only/primary way of controlling debt without experiencing negative economic ramifications.
  20. Can debt be inflated away? A Historical Look at National Debt https://www.reuters.com/article/us-health-coronavirus-debt-breakingviews-idUKKBN2220Y1 WHY NOT DEFAULT OR INFLATE? What are the alternatives? One is just to let debt go through the roof and then default. That may be the only choice for some developing countries. But Argentina’s history of endless debt crises is a warning to avoid this fate if at all possible. Another classic option is to inflate away the debt. A few extra percentage points of inflation could stabilise debt ratios even if deficits rise – all other things being equal. The snag is that all other things wouldn’t be equal. A policy of inflating away debt would be self-defeating. Investors would demand higher interest rates in compensation – and the government would be running just to stand still. The only way such an approach could work is if financial markets were caught by surprise, and that’s not so easy in a world where capital flows freely. Where governments have issued large chunks of foreign-currency debt or inflation-linked bonds, this escape route becomes even harder. What’s more, inflation isn’t painless. It’s a disguised and somewhat arbitrary tax which cuts ordinary people’s purchasing power. Workers would try to regain their real income by pushing up wages. If the experience of the 1970s is anything to go by, that could lead to wage-price spirals and industrial strife. In a variation on the same theme, governments could instruct their central banks to keep interest rates permanently low – and when investors refused to buy their debt, print money to fund themselves. But before going down this route, they should realise that this wouldn’t just lead to inflation; it would also destroy their credibility and could even pave the way for hyperinflation. Does government debt matter any more?
  21. Only 120,000? Let’s wait 10 years and see regular displacement figures.
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