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Debenham down 100%

Metro bank: down 80%

Purple bricks: down 80%

Countrywide: down 98‰

Foxton: down 86%

Provident financial: 82‰

Centrica: down 77%

Sainsbury: 66%

Johnston press:100%

Thomas cook: 97%

There are plenty more. 

 

Its like crashing one at a time... 

 

Someones lost a lot of money. 

 

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3 minutes ago, Si1 said:

Tesla

I'll give you that, down approx 50%

Plenty more to follow in the next 2 years. 

The low interest rate, debt based economy is coming home to roost. 

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5 minutes ago, Si1 said:

Jamie's Italian. Though I don't think it's a listed company.

Its speaks volumes tho. Something is afoot. 

 

The economy was running on even more debt. Looks like either people are at peak f##ked or the banks ain't lending. 

 

Either way, its all going south. 

 

Can they magic up more cash.... Yes they can... Can they stop the £ collapsing if the do... I doubt it. 

 

Been reading up on turkey... Massive debt/low interest rate boom... Currency now collapsed, massive inflation, 24‰ interest rates. 

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11 minutes ago, TheCountOfNowhere said:

If I were a gambler I'd short dominoes pizzas. 

 

Its a pizza, you can make one as tasty at home for pennies. 

Dominoes did very in the last recession if memory serves me well. As did durex.

unemployed people stay in, eat pizza & shag.

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1 minute ago, zugzwang said:

2019-03-06_8-43-38.jpg&f=1

The swamp is drainable if you actually want to drain it. I find it amazing that Trump voters believed he would actually want to kick big money out of politics.

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25 minutes ago, Drummer said:

Dominoes did very in the last recession if memory serves me well. As did durex.

unemployed people stay in, eat pizza & shag.

Good. A few boomers might die from the exertion and saturated fats.

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2 hours ago, TheCountOfNowhere said:

Something is afoot. 

Isn't it just that a string of rubbish companies are going bust, which is what rubbish companies will all - eventually - do?

Does Debenhams sell anything you'd want to buy?  Would you book your holiday through Thomas Cook any more when you can just do it yourself online?  Why when other high street banks find physical branches losing money did Metro Bank think theirs wouldn't?

When companies hit the rocks and their share price collapses it makes the headlines.

When companies slowly do well, and their share price slowly creeps up month after month, year after year, you don't hear anything.  Plenty of other companies have had share prices go up 20% or more in the last year or two (it's a pain to link them all but you can Google it).

 

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Royal Mail - down 64% in 12 months.

A rubbish company and failing business?

Cash generative business, the biggest uk operator with an increasing market share in an expanding parcels market. 

Competition entirely reliant on ''self employed'' gig economy workers on illegally low real terms pay 

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26 minutes ago, hurlerontheditch said:

companies will fall and others will replace them. circle of life

thats the way it should be pure Capitalism........but as old Max Keiser keeps going on about....there is the Zombie economy that allows the dead companies to keep walking.....this is unnatural....but then we don;t have capitalism....we have crony capitalism........we also have companies like Google...that dont want new shoots and exercise their power to prevent new growth....

Nobody would be talking about Warren Buffett as under captialism he would have probably gone bust so deep into banks as he was in 2008.....so off he runs to capitol hill to demand a bail out.....thats not capitalisim....fannie mac and freddie mae were nationalised....and so should uncle warrens portfolio of bank stocks have been !

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9 hours ago, TheCountOfNowhere said:

If I were a gambler I'd short dominoes pizzas. 

 

Its a pizza, you can make one as tasty at home for pennies. 

Peak indulgence for those with the money to spend.....people are always looking for new experiences, when the best food can be made from the best ingredients yourself at a fraction of the cost....peak stuff, so much quality and useful things in the economy to use for little or free......reuse and recycle, saving the planet means buying less and wasting less, making and growing more ourselves......peak growth?;)

Peak debt.....no but more debt will only make things worse for more people bar the few.

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11 hours ago, TheCountOfNowhere said:

Debenham down 100%

Metro bank: down 80%

Purple bricks: down 80%

Countrywide: down 98‰

Foxton: down 86%

Provident financial: 82‰

Centrica: down 77%

Sainsbury: 66%

Johnston press:100%

Thomas cook: 97%

There are plenty more. 

 

Its like crashing one at a time... 

 

Someones lost a lot of money. 

 

Pick some good UK companies / stocks. It's time to buy at these low PE's. Put together a diverse portfolio carefully and you can easily get 5%+ dividends per year.

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12 hours ago, TheCountOfNowhere said:

Debenham down 100%

Metro bank: down 80%

Purple bricks: down 80%

Countrywide: down 98‰

Foxton: down 86%

Provident financial: 82‰

Centrica: down 77%

Sainsbury: 66%

Johnston press:100%

Thomas cook: 97%

There are plenty more. 

 

Its like crashing one at a time... 

 

Someones lost a lot of money. 

 

Still waiting for that crash .

Both of us are still here, lets check in a year if that crash does happen. 

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  • 224 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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