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House Price Crash Forum


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Everything posted by PeanutButter

  1. The underlying premise of the popular Netflix show, Squid Game, is that people are so addicted to and desperate for debt that they will risk their lives and even kill to clear it. The show is number 1 in many territories and seems to have struck a deep chord with people, to the point of fights breaking out in a pop-up store queue (which summarises our brutal neo-capitalist proclivities like nothing else). I suspect we will see these and similar themes played out more often in popular entertainment.
  2. Foucault is the latest addition to an infamous long list of French writers, artists, intellectuals, and politicians who have been rumoured to have sexually abused children in the (neo)colonies: Paul Gauguin, André Gide, Gabriel Matzneff, Frédéric Mitterrand, Jack Lang, and others. Matzneff is now facing prosecution, while Mitterrand and Lang categorically denied all rumours and accusations. In the case of Foucault, however, the issue will likely be swept under the carpet without much debate. https://www.aljazeera.com/opinions/2021/4/16/reckoning-with-foucaults-sexual-abuse-of-boys-in-tunisia
  3. Estimated 216,000 children abused by French Catholic priests, report finds Abuses committed by priests as well as non-religious people, says independent commission https://www.theguardian.com/world/2021/oct/05/french-catholic-priests-abused-children-report
  4. Qualify, get some experience, move to UAE for 5 years, rent out starter home. Lots of UK medical grads heading that way.
  5. Seems to be one of these headlines every week, but I’m sure it won’t continue getting worse every year… 'Biblical' downpours spark rush hour chaos: Flooding causes severe delays on the Tube and roads are left underwater in London and Essex as severe weather warning issued with up to three inches set to fall today https://www.dailymail.co.uk/news/article-10059915/Flooding-causes-delays-Tube-roads-left-underwater-London-Essex.html
  6. Biden warns ‘meteor headed to crash’ into US economy amid debt struggle President condemns ‘reckless’ Republicans for pushing government towards historic debt default https://www.theguardian.com/us-news/2021/oct/04/joe-biden-debt-limit-republicans-democrats The US treasury has said it will be unable to pay its bills by around 18 October, unless Congress raises the current debt limit of $28.4tn. Failure could trigger the first US default in modern history, wreaking havoc on the US and world economies. In an era of bitter partisanship, the issue has become an acid test of Washington dysfunction. Senate Republicans have twice blocked action to raise the limit, arguing that Democrats can use a manoeuvre known as budget reconciliation to act alone. “They won’t raise it even though defaulting on the debt would lead to a self-inflicted wound that takes our economy over a cliff,” Biden said in a televised address on Monday, noting that some of the debt was incurred by Donald Trump and is not related to his own spending plans.
  7. Don’t worry, totally normal and absolutely no negative consequences for permeating our most vulnerable humans with plastic.
  8. Indeed, a blackout/rationing experience would simply drive forward the options and capabilities for self generation and storage, much as the current fiasco has driven forward EV purchasing. Planning ahead for future climate chaos mitigation, I’d endorse as much self sufficient capability provisioning as possible. Our govt certainly won’t manage it for us.
  9. Right. Getting up at sparrow's tomorrow to try and secure the bag* *petrol Wish me luck
  10. Economist podcast mentioned locust swarms across ME, Africa, SE Asia as potentially bigger impact than CV. So I am hereby adding LOCUSTS to the black swan mix. https://www.tehrantimes.com/news/465505/Fighting-locust-in-80-000-hectares-of-farms-underway
  11. Landlords can offset loan fees against tax.
  12. All I'm saying is the mums net mums are an excellent predictor of consumer behaviour and well worth monitoring
  13. They're pre-ordering for xmas in a big way. There was a thread about M&S order slots - they're all full now. Little do they know the Waitrose slots opened today
  14. Just tried to book an addison lee for Sat and they won’t take the booking as full…
  15. The mums nets mums are in a pre-order frenzy and I watch them for early indications.
  16. Mortgage approvals fall as buyers spy 'room for negotiation' https://www.ftadviser.com/mortgages/2021/09/29/mortgage-approvals-fall-as-buyers-spy-room-for-negotiation/ Mortgage approvals for house purchases ticked down further in August, as the housing market continued to cool and borrowers are increasingly negotiating prices, according to experts. The Bank of England’s latest Money and Credit report showed remortgage approvals fell from 75,100 in July to 74,500 in August, and remortgage approvals also remained low compared to the months before the pandemic, sitting at 39,700. Meanwhile, net borrowing in August sat £1.4bn below the 12 month average to June 2021 - the period buoyed by the government’s stamp duty holiday. Dean Esnard, director at London-based broker Magni Finance, said "August was definitely quieter than the months before. “September has picked up again although there is not as much intensity as buyers feel there is more room for negotiation now that the market has cooled down.”
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