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Injin

Pretending It's All Your Idea

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Weee!

So we have a new coalition government, stood toe to shoulder, head to feet with their previously (semi) opposite numbers all ready to give us, the voters, what we wanted!

Which seems to be a smaller state, more local control, less interference, more civil liberties, more debt repayments, less unions, lower standards of living, more "we are all in this together" horseshit, twin ties in twin suits of hues more pastel then defined and soft spoken firm commitments to do next to nothing about anything much, as long as it's giving power away!

Riiiiight.

Like a dog owner with no control over it's dog, the statists are now pretending full blown state retreat in all spheres is all their idea all along. "Savage the postman!" they cry as their obedience program goes breasts skyward. It's good. It's graceful. It's what the ruling class did here in the UK did waaay on back when the aristocrats lost heads all over europe. Give up a little now and take back a lottle later on. And to be fair, people up and down the land are buying it. Wholesale. Cynical businessmen who wouldn't trust the paperboy have a gleam in their eye. Guardianistas have renewed faith once again in the democratic process "change you can believe in" has hit these shores. "You shouldn't have though" will be the eventual refrain.

Doesn't matter.

Won't work. Chucking some of the previous administration under a bus (back end of next week) won't do anything either.

Math don't lie and these folks believe.

Which for the average HPC'er is excellent news. Good job on keeping the faith those of you who did, and no worries for those who didn't. Rebalancing is about to start in earnest. Good luck. :)

Oh, and in the best HPC tradition, have a link or two.

http://www.guardian.co.uk/world/audio/2010/may/21/guardian-daily-podcast

http://blogs.telegraph.co.uk/finance/edmundconway/100005840/britain-no-longer-has-the-worst-deficit-in-europe/

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Guest Steve Cook

Weee!

So we have a new coalition government, stood toe to shoulder, head to feet with their previously (semi) opposite numbers all ready to give us, the voters, what we wanted!

Which seems to be a smaller state, more local control, less interference, more civil liberties, more debt repayments, less unions, lower standards of living, more "we are all in this together" horseshit, twin ties in twin suits of hues more pastel then defined and soft spoken firm commitments to do next to nothing about anything much, as long as it's giving power away!

Riiiiight.

Like a dog owner with no control over it's dog, the statists are now pretending full blown state retreat in all spheres is all their idea all along. "Savage the postman!" they cry as their obedience program goes breasts skyward. It's good. It's graceful. It's what the ruling class did here in the UK did waaay on back when the aristocrats lost heads all over europe. Give up a little now and take back a lottle later on. And to be fair, people up and down the land are buying it. Wholesale. Cynical businessmen who wouldn't trust the paperboy have a gleam in their eye. Guardianistas have renewed faith once again in the democratic process "change you can believe in" has hit these shores. "You shouldn't have though" will be the eventual refrain.

Doesn't matter.

Won't work. Chucking some of the previous administration under a bus (back end of next week) won't do anything either.

Math don't lie and these folks believe.

Which for the average HPC'er is excellent news. Good job on keeping the faith those of you who did, and no worries for those who didn't. Rebalancing is about to start in earnest. Good luck. :)

Oh, and in the best HPC tradition, have a link or two.

http://www.guardian....n-daily-podcast

http://blogs.telegra...icit-in-europe/

Good post injin

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Rebalancing is about to start in earnest. Good luck. :)

There's going to be two waves of this.

As you say the political sphere has shifted, and the Conservatives are about to institute a rather different sort of fiscal chicken choking - the chicken may survive, the choker may not.

But again as you say "math don't lie".

Underlying those long-only funds (and their long-only promises of ten down and ninety back) isn't hours of tax-sweat at all (ok, I ride the short bus and was a little late to see).

The banks got all those (and you can blame Volker for that, and if you don't know why go read Liar's Poker).

So now the lunatic longs and their mediocrity-targetting managers are packed to the brim with the first-loss tranch.

In the second wave the system roils a little harder and "unprinty unprinty" becomes the new norm.

That's really going to rattle the lid off the coop.

(great post by the way, print it on the back of a T-shirt featuring the words "tax this" above a large-ish picture of a single finger salute on the front, and I'd buy a few million SKU's)

Edited by ParticleMan

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It'd be a crime for such perfect poetry to wind up amongst the ladies of obvious talents (if dubious modesty) all the way down on page 3.

Read what the man has to say - then pause, reflect, and read again.

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Guest absolutezero

Injin is really gonna hate it when Cameron gets one of these:

3096190126_29dddf8c7c.jpg

I can't wait. I'm being reincarnated as a pigeon.

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Guest Steve Cook

It'd be a crime for such perfect poetry to wind up amongst the ladies of obvious talents (if dubious modesty) all the way down on page 3.

Read what the man has to say - then pause, reflect, and read again.

Completely agree.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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