What a difference a year makes

[VeryMeanReversion]

9 minutes ago, Locke said:

Respect is earned. Those old wankers in the courts have abused the citizenry so much for so long, that they no longer can expect to be spared the rope.

What shade of brown shirt are you going for?

I've developed a pretty good financial boom/bust sense over the years but my social spidey senses are not so well developed.  However, the tingles have begun and I can see also future unrest.

The kids sometimes ask me how friends can afford newer cars and more stuff then us, whilst having a lower household income. I point out the existence of debt, tax-credits and lack of planning for their retirement, something that your employer used to take care of (if you were lucky) in the past.   When these people hit the reality wall, they will become angry. Some may say they only brought it on themselves. The vast majority will find someone else to blame.

I hope to front-run the unrest by getting debt-free, a stash of assets (physical/financial) with a passive income, might work.....

 

 

 

 

[Locke]

15 minutes ago, ubuntu said:

yes so the solution will be even more government

Sadly, it seems the population are a bunch of commies.

The solution to crack withdrawal is, of course, more crack.

[ubuntu]

David Lammy and for that matter Sadiq Khan are compromised on this issue as they have taken thousands in donations from property developers, I don't have much time for Diane Abbott but she was correct in this regard

http://www.standard.co.uk/news/mayor/revealed-labour-mayoral-hopefuls-accepting-tens-of-thousands-in-donations-from-property-tycoons-a2919631.html

[Locke]

1 minute ago, VeryMeanReversion said:

What shade of brown shirt are you going for?

I've developed a pretty good financial boom/bust sense over the years but my social spidey senses are not so well developed.  However, the tingles have begun and I can see also future unrest.

The kids sometimes ask me how friends can afford newer cars and more stuff then us, whilst having a lower household income. I point out the existence of debt, tax-credits and lack of planning for their retirement, something that your employer used to take care of (if you were lucky) in the past.   When these people hit the reality wall, they will become angry. Some may say they only brought it on themselves. The vast majority will find someone else to blame.

I hope to front-run the unrest by getting debt-free, a stash of assets (physical/financial) with a passive income, might work.....

Not quite sure, but I think I will go for something from Hugo Boss.

As Toast was saying, the issue at large is not the actual perpetrators, but the mindset of the society as a whole. When the average person decides that risking their own neck for the sake of their abusers is not a good bargain, all bets are off.

[Errol]

14 hours ago, fru-gal said:

David Lammy/Corbyn suggesting that the houses of the rich in Kensington be requisitioned for those that have been made homeless in the Grenfell Tower fire .

Presumably starting with Corbyn's house?

[Si1]

https://www.google.co.uk/amp/s/amp.ft.com/content/e42808cc-51e3-11e7-a1f2-db19572361bb

 

[Si1]

Queens speech to be rejected by a handful of disgruntled Tory MPs?

Corbyn to form a govt then, his Queens speech passing WITH Tory support because they know they'd be hammered in another ge?

[Funn3r]

30 minutes ago, Si1 said:

Queens speech to be rejected by a handful of disgruntled Tory MPs?

Corbyn to form a govt then, his Queens speech passing WITH Tory support because they know they'd be hammered in another ge?

Regardless of your politics wouldn't this be an absolutely tremendous "get some popcorn" event

[Si1]

2 minutes ago, Funn3r said:

Regardless of your politics wouldn't this be an absolutely tremendous "get some popcorn" event

Next week. I'll see if there's any in offer in tesco.

[reddog]

There seems to have been a lot of very bearish social / economic / political threads starting on here in the last few days.

 

Feels like we are heading into a perfect storm.

[anonlymouse]

22 minutes ago, reddog said:

There seems to have been a lot of very bearish social / economic / political threads starting on here in the last few days.

 

Feels like we are heading into a perfect storm.

We're a bit of an echo chamber here though, and no doubt suffering from a collective bias and cherry picking - I know I do. I don't disagree that it feels like we're at some kind of tipping point but until the change in sentiment spreads to the mainstream it's best to take everything posted here with a punch of salt.

[EnglishinWales]

Did you forget scrapping of agents' fees to tenants? That was proposed in November I believe? Okay not here yet. But the fact that it was started, and by a TORY govt no less, is kind of amazing.

[zugzwang]

3 hours ago, Si1 said:

Queens speech to be rejected by a handful of disgruntled Tory MPs?

Corbyn to form a govt then, his Queens speech passing WITH Tory support because they know they'd be hammered in another ge?

The country needs a cathartic expression of some kind after what we've been through. That would be perfect. A decisive break with forty years of neoliberal failure and ignominy.

[Si1]

31 minutes ago, zugzwang said:

The country needs a cathartic expression of some kind after what we've been through. That would be perfect. A decisive break with forty years of neoliberal failure and ignominy.

Riot brewing at Kensington and Chelsea council offices as we speak...

[Bankside]

2 hours ago, anonlymouse said:

We're a bit of an echo chamber here though, and no doubt suffering from a collective bias and cherry picking - I know I do. I don't disagree that it feels like we're at some kind of tipping point but until the change in sentiment spreads to the mainstream it's best to take everything posted here with a punch of salt.

We don't allow anyone that has a different view here. They are chased away.

It's a bit of a shame as we lose the ability of discussing and debating different potential outcomes

[Errol]

2 minutes ago, Bankside said:

We don't allow anyone that has a different view here. They are chased away.

It's a bit of a shame as we lose the ability of discussing and debating different potential outcomes

I don't think that's really true, is it?

I thought we had quite a few, and widely disparate views on this forum - on all subjects from the EU, immigration, Inflation/deflation, gold etc etc.

Always been very good discussion, I thought.

Edited June 16, 2017 by Errol

[South Lorne]

On 6/15/2017 at 4:40 PM, TheCountOfNowhere said:

 

You can loose on Bricks and Mortar, people all round the world are about to realise this.

 

 

 

...true ..just check Ireland  banks collapsed like here + fee to see a doctor + public sector job / pay / pension cuts etc.....property speculation is on par with a casino roulette table ..

http://cpsu.ie/the-cuts/

 

[Democorruptcy]

10 hours ago, TheCountOfNowhere said:

Working in the UK right now is pointless, what are you working for, to be robbed even more, so someone else can have a better life, for your savings to be eroded, for your spending power to be eroded ? Meanwhile, the bankers sit in clover, supported by freshly printed money and their central banker chums refuse to act to help the poor because their own children's education is more importnant that people being able to eat. 

It's sickening watching the UK crumble and every parasite in the world coming here because the "British" government 

This is one sick country and this will inevitably lead to disaster of some kind.

Your post is spot on, get the hell out.

Where are you going?

Brazil? (CPI 3.6% Base Rate 10.25%)

India? (CPI 2.2% Base Rate 6.25%)

http://www.global-rates.com/economic-indicators/inflation/inflation.aspx

http://www.global-rates.com/interest-rates/central-banks/central-banks.aspx

[thisisthisitmaybe]

48 minutes ago, Democorruptcy said:

Where are you going?

Brazil? (CPI 3.6% Base Rate 10.25%)

India? (CPI 2.2% Base Rate 6.25%)

http://www.global-rates.com/economic-indicators/inflation/inflation.aspx

http://www.global-rates.com/interest-rates/central-banks/central-banks.aspx

If you can't leave the UK itself, then I'd get out to the provinces, and away from the cities. 

Cornwall/Devon, Norfolk/Suffolk, Wales, Scotland. Ideally with a remote working job. I'm kicking myself as I've had the opportunity to leave the SE three times in the last four years, and not taken it.

[GreenDevil]

On 2017-6-15 at 4:40 PM, TheCountOfNowhere said:

What a difference a year makes:

All the sheeple this time last year thought their luck would never end and forever HPI was here to stay.

 

Roll forward 12 months and we have

 

political turmoil,

the US raising rates,

The BOEs position on low IRs looking more and more insane with the district possibility they might have to follow the US.

BTL being hammered

the young waking up (at last )

Corbyn a potential PM

BrExit

Immigrants possibly gonig home

HTB2 ending.

Osborne and Cameron Leaving.

Hung parliament

The £ collapse

EVEN lower mortgage rates ( as if we didnt already suspect maintaining the housing bubble was the BoEs only plan ).

The MSM changing their narrative

Large falls in some parts of London.

MOM falls being indicated by the lenders

The realization that there is a bubble ( how did anyone miss that ).

12 months ago things looked pretty desperate for renters/HPCers, now, it's grand renting again and there's not much prospect if HPI any more.

The next 12 months will be a definitng moment in the 2007 collapse,

Sit back, buckle up and thank the lord you're not one of the BTL brigade who thought the recover from 2007 was the chance to go all in.

You can loose on Bricks and Mortar, people all round the world are about to realise this.

 

 

 

Well apart from the last line. ...

You CANT lose on bricks n morta!

[winkie]

 

[GreenDevil]

20 hours ago, thisisthisitmaybe said:

I think this little ancient nation of ours is actually dictating world events once again (but from a position of weakness, not strength).

The Count's post shows how THE DOMINO EFFECT is now in play. During the last English Revolution (Cromwell and all that), people found they could no longer keep up with sweeping political, social and economic changes. 

This is how it feels now - that the news is accelerating, and we can no longer process all the information.

This means people are starting to LOSE THE PLOT, or even questioning, WHAT'S THE PLOT, and then simply pleading, MAKE UP A PLOT. 

People are fearful and getting tribal. They think there is safety in numbers.

I'm afraid the only guaranteed safety is to get the hell out. 

There is another way. 

If everyone sticks their money in crypto currency the whole pyramid will collapse.

[Toast]

7 hours ago, Locke said:

Not quite sure, but I think I will go for something from Hugo Boss.

As Toast was saying, the issue at large is not the actual perpetrators, but the mindset of the society as a whole. When the average person decides that risking their own neck for the sake of their abusers is not a good bargain, all bets are off.

Gosh! I wasn't expecting to smoke out a "real" brownshirt, even if (and forgive me for being insulting) you're a harmless one, as you're only an internet-brownshirt, and there's only one of you.

I'm going to say a little more, because even if your posts were in jest (which I hope they were), they caught me off-balance.

What I want to say, is that although I am at heart an individualist, I recogise that our society is humane and civlised because of its institutions. Those institutions are strong only because of the general support of the society they serve, and if that support withers, then many things that we take for granted as immovable and fixtures of life, can be suddenly revealed as heart-rendingly fragile. Keeping that trust is therefore a key issue - but that doesn't absolve from blame the barbarians who kick in the gates (the brownshirts, in the Germany as was; and perhaps the rioters in the London of today - although we are thankfully still a long way from the very organised and widespread thuggery of the 1930's). Have a care what you wish for!

I picked the high court as an example of an institution to be honoured, because in Germany it was indeed honourable: it embodied and operated due process of law, without prejudice to race or class. Haffner specifically talks about the legend of the miller of Potsdam, which although probably apocryphal, shows the function of the Kammergericht and the esteem in which it was held. For those who don't know, the story was that the eponymous miller had his business directly in the line of sight from the Kaiser's palace, who was not happy about it blocking his view. The Kaiser sent some minons to the miller, to tell him he had to move. The miller said "you'll have to talk to the Kammergericht about that" ... and the mill still stands, exactly where it was, to the present day.

The existence of a strong and independent judiciary is an essential foundation not only for fairly adjudicating disputes between citizens, but also to protect them from the abuses of government. Personally, I think our judiciary is pretty much doing its job as advertised, and it's only on rare occasions of high-profile judicial reviews that there is even the faintest whiff of rottenness about it. Even then, if you criticise some of its judgements, its existence as a strong institution is an essential bastion of our freedom. That is why I was shocked at the subject of your ire: your anger (if I may presume to tell you so) is entirely misplaced. I would say the same if you were to attack the existence of our education system (although I would be the first to admit that it's deserving of a lot of criticism).

There certainly are institutions that have failed us: the bank of England, local authorities, perhaps housing associations, regulators, political parties ... But I think we need to be very careful before deciding that an institution needs to go, rather than (say) a substantial fraction of its leaders need to be in jail.

Revolutions typically lead to far worse outcomes than that which they replace. If your posts weren't in jest, please think carefully where, and to what end, you focus your rage. As I said above, there is a lot of dry kindling lying around in the form of angry and downtrodden citizens, so although I mocked your ability to change anything (which was rude - I'm sorry), a powerful orator could indeed wreak havoc in times like this.

Edited June 16, 2017 by Toast
Remove extra apostrophe.

[Toast]

7 hours ago, Locke said:

Not quite sure, but I think I will go for something from Hugo Boss.

Completely off-topic, but this reminded me of a jaw-droppingly distopian moment I had last Christmas. As a rule, I don't watch television, mainly because, like being dead, it might be an efficient way to pass the time, but it's hard to consider it a hobby. Nevertheless, if I visit someone's home, and am left alone with it praattling away in the corner, I'm still capable of staring at it blankly, and dribbling, in the time-honoured manner.

Anyway, over Christmas, this did indeed happen, and there was a programme on, I think, a channel called "yesterday". It was a historical piece about Auschwitz and various other bits about the third Reich. It was a reasonably good documentary, if a bit sparse on both details and broader picture ... but just imagine the disjointedness when the programme was interrupted by, of all things, a perfume advertisement .. and then, my God! what brand are they advertising...?

[thisisthisitmaybe]

I was sitting in the house today, listening to my young niece and nephew playing in the garden.

Meanwhile London is close to rioting, the political situation is in chaos, the economy is built on sand, and everything is collapsing.

I haven't cried for many years but I was close to tears thinking about their futures.