urban_hymn
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Posts posted by urban_hymn
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Easy.
Put your house deposit in the TSB. It's a brand new bank with no skeletons in the cupboard and no dodgy lending book so won't be in need of a bail in.
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Uk business has grown used to driving down wages with migrant labor. It is widespread practice entrenched in their M.O now. And they have a an opportunity to repeat the cycle.
I am currently working on what is probably the largest construction site in Greater Manchester. I would estimate well over half of the circa 400 workers are foreign.
They are mainly made up of Indians, Albanians, Spanish and Portuguese. If you add in those from the Republic of Ireland then around 70% foreign.
Without a doubt they are displacing English workers. The Indians are here because they are cheap. The Albanians, because they are grafters and are well thought of.
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...for 22 times your salary: http://www.rightmove.co.uk/property-for-sale/property-37284832.html
Hale is hardly classic "oop North". It's quite posh actually. How about this property in Oldham, brimming with kerb appeal.
http://www.rightmove.co.uk/property-for-sale/property-39897674.html
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http://www.bbc.co.uk/news/uk-21963257
There are plenty of working single people who just get a discount of 75%,
What council gives 75% discount? South Staffs only give me 25% off for single occupancy.
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I work for a company that are specialists in reinforced concrete structures.
You'll be relieved to know that in the UK samples of concrete are taken during the course of the days pouring and formed into cubes which have to pass compressive strength tests in a lab. Not much chance of your, bridge, hospital, school, multi-storey apartment block etc. collapsing due to under strength concrete over here.
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Gold fell > 90% versus USD as recently as 80s and 90s according to the gold bugs own CPI data.
QED.
You are not demonstrating hyperinflation in gold. For one thing hyperinflation destroys currencies permanently. The Weimar notes never recovered their value but gold keeps on coming back. Protecting long term holders and punishing traders.
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"Over in India, traditionally the world's biggest gold buying nation, imports of gold bullion in 2012 could be down 30% compared to last year, according to Bombay Bullion Association president Prithviraj Kothari.
The poorer nations are getting priced out. It was always going to happen. Just wish the americans would get the mania!
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With the change they could also have bought a bolthole in the UK for the winter
You'd be better off with a Spanish bolthole. The British winter is not worth coming back for in my experience!
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You want a way to get this down even more?
Drop the beans, and fry the beef in drip.
I don't know the first thing about fixing cars.
Chilli con carne without beans??? That would be like Coq au Vin without any Coq!
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We got one for £79 per night last summer for two nights, but we did have to book (and pay!) three months in advance.
I spent most of last year in sub £80.00/night hotels in London. The experience was "interesting".
I stayed in around 20 different hotels. The Four Seasons in Leyton isn't too bad for the money. The Corner House Hotel near Kentish Town tube and The St Joseph near Earls Court are worth an honourable mention as well.
What you get for your money varies wildly. Some are vile 5hitholes that would disgrace a third world city let alone London.
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The stock market has presented 2 superb chances to get massive value in the last 4 years.
Both clearly visible on a historical price chart.
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more than a G7 minor chord.
Do you perhaps mean a Gm7 chord? (G-Bb-D-F) or a G7? (G-B-D-F)
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He should try brewing his own beer.
You must have had more success than me at it. My experiences are that the first couple of brews are excellent and then subsequent efforts degenerate into something sour and vinegary that is undrinkable.
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I would still argue that a can of lager is a luxury.
Beer was a common breakfast drink for the poor at one time:
For hundreds of years prior to the early 1800s, the English drank beer for breakfast. In fact, beer was known as the breakfast drink. That was because plain water was usually contaminated, and coffee, tea, and hot cocoa were not widely available. And beer delivered carbs you needed to get through the day.
http://www.chow.com/food-news/49816/beer-for-breakfast/
Tinned lager is just rather expensive pop imho.
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A drug to treat one indication will have "side effects" that are actually more valuable.
Hence the the reluctance of the Viagra triallers to return their heart medecine!
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Some friends of mine are nearly there. The wifely duties are done by the Philipino nanny.
I bet the husband's up for that arrangement!
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They wilton the business around.
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They should pile on more debt!
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And I know a number of large construction firms, and other manufacturers have already adopted a 4 day week. And a lot more are considering the 3 day week]
Can you name some of these large construction firms working 4 day weeks? I'm in the construction industry myself and hadn't heard of this until now.
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I predict further extreme volatility but remain a believer in the bull market
You won't find many bullish commentators out there.
If market commentators aren't bullish how can it be a bull market? Who are the bulls?
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Everyone knows commodity speculators are evil. At the same time, lots of people speculate in commodities either directly (hoarders of anything - e.g. HPC's gold bugs)
Why do you think speculating in gold is evil? It doesn't deprive anyone of food, shelter or fuel.
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Since Davos 2010 gold has risen 50% so either his timing's atrocious or more likely he trades one way and talks another.
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Have wages for the average joe smuck in the US increased in the last decade?
It's "schmuck" actually (yiddish for knob)
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If a business that sells shoes for £10 goes under (say Barratts), the supply is now constrained. You now have to go to Clarkes, which sells shoes for £30. Your CPI basket has just gone up by 300%.
Seeing as the shoes have only gone up by 200% (2 x £10) it is doubtful that the whole basket would go up by 300%!
Just saying
The Hordes At The Gates
in House prices and the economy
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Not necessarily Serfs!
The Portuguese/Albanian tradesmen working on the construction project I am commercially responsible for are typically paid around £13.00 - £13.50 per hour. With overtime opportunities they rack up around 60 - 70 hours per week.
£800 - £900 gross per week is a typical wage for one of these guys. The site I am referring to will keep them busy for the next 12 months or so.