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Warlord

The Daily Mail and the Cult of Boris Johnson

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2 hours ago, blackhole said:

Don't know about you guys, but you could literally replace "Boris" with "Corbyn" right now, and not tell the difference...

Na, Corb's would never come close to Boris, ~65k UK COVID related dead so far? Now that's a real achievement.

 

 

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7 minutes ago, Warlord said:

All he did was kick the can.The structural problems are still there... 

So what should boris do now? 

It ain't that simple to get the economy going and also keep everyone fed and alive...especially when the country was bankrupt before you even got the pandemic, and you've only been in 6 months. 

Starmer hasn't got any ideas? 

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9 minutes ago, 24gray24 said:

So what should boris do now? 

It ain't that simple to get the economy going and also keep everyone fed and alive...especially when the country was bankrupt before you even got the pandemic, and you've only been in 6 months. 

Starmer hasn't got any ideas? 

It is that simple.

Leave the EU with no deal and take back control. Tell Johnny Foreigner where to get off, and the sky's the limit. Remember the Empire? Wave the flag and send a gunboat to police our fishing rights.

Job jobbed 😂🤣😂.

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3 hours ago, Killer Bunny said:

You’re behind the times. Last year they appointed the Mail on Sunday editor to Daily Mail. He’s the most Leftie Remainer on Fleet St.

Old Etonian. His dad was a sir because of royal connections. His grandad was a sir because of royal connections. Big land owner. Will look after old money. Flying a red flag he ain't.

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23 minutes ago, byron78 said:

Old Etonian. His dad was a sir because of royal connections. His grandad was a sir because of royal connections. Big land owner. Will look after old money. Flying a red flag he ain't.

Christ,  can he even read?

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What's that @Killer Bunny Boris is putting money into the economy by creating infrastructure plans?

Creating new opportunities for jobs, how strange, sounds like a discussion we were just having.

🤔, who would of guessed it.. 

🤣🤣🤣.

Edited by Speed1987

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2 hours ago, nothernsoul said:

There is a crucial difference between Johnson and what Corbyn would have done. Corbyn is an ideological socialist and Johnson has no principles at all. They might have printed, borrowed and spent the same amount of money, but corbyn would have also used the opportunity to alter the balance of power within society. Public sector contracts removed from private hands, demanding concessions from private companies in return for cash(shares to employees), bringing back the power of unions etc. The establishment know this too well after the twin scares of Brexit and the election in 2017. It is precisely BECAUSE johnson is an unprincipled opportunist, who will do whatever it takes to keep the public onside, and not upset existing interests, that he is the man of the moment. The right wing press know this too and will mute ideological criticism of his policies. In a similar way, German industrialist in the 1930s might not have been ideological Nazis, but viewed them as preferable  to communism. Better having the state tell you what to make in your factory, but still owning it and taking good profits, than total confiscation by the state. 

For the sake of democracy and the economy too, I would like some political opposition to print and spend, but it wont happen.  The only possibility would be from within the conservative party itself, but it isnt there. 

👆🏽👆🏽👆🏽, nailed it.

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5 minutes ago, Speed1987 said:

What's that @Killer Bunny Boris is putting money into the economy by creating infrastructure plans?

Creating new opportunities for jobs, how strange, sounds like a discussion we were just having.

🤔, who would of guessed it.. 

🤣🤣🤣.

He is literally laying the foundations for our future, for when we leave the EU.  Once the economy crashes and resets, there will be jobs and opportunities.  This will take many years and become fruitful just before the next GE.  Maybe at that point, we can have a real economy, one that functions as it should, without the manipulation.

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16 minutes ago, xxxx said:

He is literally laying the foundations for our future, for when we leave the EU.  Once the economy crashes and resets, there will be jobs and opportunities.  This will take many years and become fruitful just before the next GE.  Maybe at that point, we can have a real economy, one that functions as it should, without the manipulation.

Although i would love an economy, without manipulation..

After all, I do believe in capitalism, free markets and limited government. I do despise, all the free money being given away. I thought some of the people on here, socialists would be cheering him on?

The article clearly states, this is somthing, for those who loose their jobs to transfer to. Speed is of the essence, or did I read it wrong?

Once we leave the EU, we will be able to trade and invest in emerging economies and set our own tariffs, we will be much better off.

Edited by Speed1987

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30 minutes ago, Speed1987 said:

Boris is putting money into the economy by creating infrastructure plans

Exciting stuff, setting up a taskforce to have a think about infrastructure. It can have an acronym, org charts, offices with desks in, email distribution lists, Teams sites, the whole kit and caboodle. Kind of makes you wonder how all the infrastructure the UK already has got built without such a body, almost as if the Ministries of Transport, Health, Education etc are perfectly capable of carrying out capital projects and always have been.

Boris wants to be careful, between merging DfID into the Foreign Office, reorganising the Cabinet Office and setting up an infrastructure taskforce he's going to strain some sort of bureaucratic muscle.

Edited by Dorkins

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2 hours ago, longgone said:

yep fast walking is great for fat loss, up until lock down i was down 96lbs overall. strangely from measuring i`m no bigger with 20lbs on. 

i have a garage with treadmill multi gym loose weights the lot,  think i went on the treadmill twice over the lock down months. 😔

3 stone to lose now  14 is where i need to be really. 

no idea probably 1 LOL 

i could do 40 in a row pre lockdown not bad considering i could not do one a few years back. 

 

 

Less HPC, more cardio!

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5 minutes ago, Speed1987 said:

What's that @Killer Bunny Boris is putting money into the economy by creating infrastructure plans?

Creating new opportunities for jobs, how strange, sounds like a discussion we were just having.

🤔, who would of guessed it.. 

🤣🤣🤣.

You should read Dr Doom's 10 reasons why we're heading into a great depression before you believe the government can keep house prices inflated forever. 

As for the tory party being unprincipled, that's just not true. They do have principles. Their principles are: 1. First class first and 2. Stay in power. 

If it makes more sense ( to the rich) to reign back lending ( for fear of contagion from  eg American or european banking crisis) and let house prices collapse, then they will do that. 

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5 minutes ago, Speed1987 said:

Although i would love an economy, without manipulation..

After all, I do believe in capitalism, free markets and limited government. I do despise, all the free money being given away. I thought some of the people on here, socialists would be cheering him on?

The article clearly states, this is somthing, for those who loose their jobs to transfer to. Speed is of the essence, or did I read it wrong?

Once we leave the EU, we will be able to trade and invest in emerging economies and set our own tariffs, we will be much better off.

It does say speed is of the essence.  How long do you think all this will take to complete?  Years.  It will help some in the meantime, but the overall schemes will not benefit the majority until just before the GE.  He is also supporting house building within these schemes.

Thats the answer I have been waiting for.  There will be no propping up the market this time.  He will let it fall.  His intentions and priorities are the economy moving forward and not the economy at present.  By the time these houses are completed, they will be 2003 prices, in reach of NMW salary people.  That is our new future.  Before covid was our past.   There will be pain for some, they will become known at the financial casualties of Covid.

2020 is a game changer for the UK.

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36 minutes ago, xxxx said:

He is literally laying the foundations for our future, for when we leave the EU.  Once the economy crashes and resets, there will be jobs and opportunities.  This will take many years and become fruitful just before the next GE.  Maybe at that point, we can have a real economy, one that functions as it should, without the manipulation.

The problem is the recession will be longer because of government meddling. Scholars who have studied recessions have made this case. For example in 1929 the depression wasn't over until WW2 because of gov't schemes and meddling. There was a recession in 1920 where the US government did nothing and it was over quickly.

https://mises.org/library/forgotten-depression-1920

I'm afraid the one we're going to have now will be long and drawn out because our politicians are meddling with various schemes. He  (Boris) should have let it crash and unemployment to spike then the free market will sort things out and everyone can get back to work eventually and quickly.  Instead he kicked the can down the road and because of it the day of reckoning will be greater.

 

Edited by Warlord

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12 minutes ago, zugzwang said:

Less HPC, more cardio!

indeed cardio and heavy lifting low reps ;)  

lock down was boring fleeting between ebaying and the fridge for another beer. 

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11 minutes ago, 24gray24 said:

As for the tory party being unprincipled, that's just not true. They do have principles. Their principles are: 1. First class first and 2. Stay in power. 

Oh I agree, just northernsouls analysis was bang on, pretty much.

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47 minutes ago, Speed1987 said:

What's that @Killer Bunny Boris is putting money into the economy by creating infrastructure plans?

Creating new opportunities for jobs, how strange, sounds like a discussion we were just having.

🤔, who would of guessed it.. 

🤣🤣🤣.

HS2 isn’t socialism at all. Or pathetically inefficient use of resources.

Your point is the govt will spend. And what is socialism? And when did a socialist state ever help an economy? House prices?

You have no idea. Just a time wasting troll.

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5 minutes ago, Warlord said:

The problem is the recession will be longer because of government meddling. Scholars who have studied recessions have made this case. For example in 1929 the depression wasn't over until WW2 because of gov't schemes and meddling. There was a recession in 1920 where the US government did nothing and it was over quickly.

https://mises.org/library/forgotten-depression-1920

I'm afraid the one we're going to have now will be long and drawn out because our politicians our meddling with various schemes. He  (Boris) should have let it crash and unemployment to spike then the free market will sort things out and everyone can get back to work eventually and quickly.  Instead he kicked the can down the road and because of it the day of reckoning will be greater.

 

I agree, we are heading for a desperation.  And I see double figure interest rates between 5 and 10 years time.

As long as there are green shoots before the GE, pensioners have the suspension on their triple lock pensions reversed, houses are in reach of normal salaries, then they should be successful in the GE.

At the end of the day, if they want something and it is their intention, it will happen.  The past has taught us that.

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15 minutes ago, 24gray24 said:

You should read Dr Doom's 10 reasons why we're heading into a great depression before you believe the government can keep house prices inflated forever. 

As for the tory party being unprincipled, that's just not true. They do have principles. Their principles are: 1. First class first and 2. Stay in power. 

If it makes more sense ( to the rich) to reign back lending ( for fear of contagion from  eg American or european banking crisis) and let house prices collapse, then they will do that. 

It's all the same though isn't it? The Westminster clique. They're all mates and the arguing is just for show.   Kind of  like wrestling. 

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37 minutes ago, Dorkins said:

Exciting stuff, setting up a taskforce to have a think about infrastructure. It can have an acronym, org charts, offices with desks in, email distribution lists, Teams sites, the whole kit and caboodle. Kind of makes you wonder how all the infrastructure the UK already has got built without such a body, almost as if the Ministries of Transport, Health, Education etc are perfectly capable of carrying out capital projects and always have been.

Boris wants to be careful, between merging DfID into the Foreign Office, reorganising the Cabinet Office and setting up an infrastructure taskforce he's going to strain some sort of bureaucratic muscle.

But this one's led by Priti Patel :rolleyes:.

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14 minutes ago, Killer Bunny said:

HS2 isn’t socialism at all. Or pathetically inefficient use of resources.

Your point is the govt will spend. And what is socialism? And when did a socialist state ever help an economy? House prices?

You have no idea. Just a time wasting troll.

Keep to context, i was referring to the free money of furlough.

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So they want to build 'infrastructure' and centrally plan the economy.

This is nothing new. In fact it was done in the depression in the 1920's i.e The New Deal 

It does nothing for the economy but drain it and misallocate resources and prolongs the recession. 

Keynesian economics does not work and has been debunked over and over. 

Edited by Warlord

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27 minutes ago, Warlord said:

It's all the same though isn't it? The Westminster clique. They're all mates and the arguing is just for show.   Kind of  like wrestling. 

 

What they all seem to have in common is BTL portfolios. Unfortunately. 

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1 hour ago, xxxx said:

 He is also supporting house building within these schemes.

Thats the answer I have been waiting for.  There will be no propping up the market this time.  He will let it fall.  

By the time these houses are completed, they will be 2003 prices, in reach of NMW salary people.  That is our new future.  

Hmmm, 

The cons are not going to bankrupt recent FTBs. Before you say, they'll be jobless, they'll just transfer to interest only.

People who own land, are not going to sell it, to be developed on for less than they've paid for it.

Working class trades men, are not going to work for lower wages...? Particularly not after they've, possibly just lost some LTV in their homes or are in debt.

If a recent FTB, used HTB, the goverment are exposed more so, they will not want that FTB to default.

House prices are never coming back to 2002 levels.

Most likely the goverment will create an equity scheme, which will require no servicing of the loan and move existing borrowers onto the same terms.

Or

They will, find a way to subsidize new private housing developments with a new scheme, grants for house builders.

They will offer mortgage tax relief against earnings.

No way on this earth, are they going to allow house prices to fall to 2002 levels and alienate all their past and new voters. That's suicide.

Edited by Speed1987

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  • 395 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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