Maghull Mike Posted November 25, 2023 Share Posted November 25, 2023 https://www.telegraph.co.uk/business/2023/11/25/private-equity-pyramid-scheme-wreck-pensions-retirement/ You know, the Rest of the World looks at the "Wealthy West" & its sees it total bulsh1t. Mike Quote Link to comment Share on other sites More sharing options...
Maghull Mike Posted November 25, 2023 Author Share Posted November 25, 2023 Sorry its only $5 trill..................... Quote Link to comment Share on other sites More sharing options...
NoHPCinTheUK Posted November 25, 2023 Share Posted November 25, 2023 Private Equity IS the bubble. Quote Link to comment Share on other sites More sharing options...
Social Justice League Posted November 25, 2023 Share Posted November 25, 2023 Embarrassing for anyone with half a thinking brain. Like I've said before, the 'West' is finished and was finished as far back as 1989. Quote Link to comment Share on other sites More sharing options...
mynamehere Posted November 25, 2023 Share Posted November 25, 2023 7 minutes ago, Social Justice League said: Embarrassing for anyone with half a thinking brain. Like I've said before, the 'West' is finished and was finished as far back as 1989. You've been saying it for 34 years now Quote Link to comment Share on other sites More sharing options...
Social Justice League Posted November 25, 2023 Share Posted November 25, 2023 (edited) 2 hours ago, mynamehere said: You've been saying it for 34 years now Yes, but everyone now knows it. Western consumer debt based fake capitalism is finished. Debtor halfwits sink down the hole. Edited November 25, 2023 by Social Justice League Typo Quote Link to comment Share on other sites More sharing options...
Maghull Mike Posted November 25, 2023 Author Share Posted November 25, 2023 America starts to enforce Ban on Russian oil, Israel shipping get attacked (another one grabbed). https://nitter.net/IranObserver0/status/1728432906081812732#m Mike Quote Link to comment Share on other sites More sharing options...
Aidan Ap Word Posted November 25, 2023 Share Posted November 25, 2023 Quote “The macro economy has moved from a period of low interest rates for a very lengthy period of time, and markets are now expecting . . . higher interest rates for longer,” the watchdog’s chief Nikhil Rathi said last month. “At some point, you might expect that risk will crystallise in valuations of assets.” Well, there's a surprise none of us expected. Ah, no, wait ... not a surprise at all it turns out. /s Quote Link to comment Share on other sites More sharing options...
Maghull Mike Posted November 25, 2023 Author Share Posted November 25, 2023 They building refinery we shutting them https://energy.economictimes.indiatimes.com/news/oil-and-gas/chinas-sinopec-awarded-sri-lanka-refinery-bid/104876739 Quote Link to comment Share on other sites More sharing options...
Quid Game Posted November 25, 2023 Share Posted November 25, 2023 3 hours ago, Social Justice League said: Yes, but everyone now knows it. Western consumer debt based fake capitalism is finished. Debtor halfwits sink down the hole. Here’s a question for you. Would there be a sign or a set of conditions that would make you re-evaluate your perspective? All of your posts are basically debtor scum, west is finished and so on, but after years and years of posting the same few sentences, nothing has happened - certainly not on the sort of world ending scale you talk about at any rate. So when might you start to doubt yourself, or is the answer never? Quote Link to comment Share on other sites More sharing options...
Freki Posted November 25, 2023 Share Posted November 25, 2023 4 hours ago, Maghull Mike said: https://www.telegraph.co.uk/business/2023/11/25/private-equity-pyramid-scheme-wreck-pensions-retirement/ You know, the Rest of the World looks at the "Wealthy West" & its sees it total bulsh1t. Mike Which country is not part of it? Tell me one country who is not looking to get their hands on dollars? Quote Link to comment Share on other sites More sharing options...
steve99 Posted November 26, 2023 Share Posted November 26, 2023 On 25/11/2023 at 18:02, Social Justice League said: Embarrassing for anyone with half a thinking brain. Like I've said before, the 'West' is finished and was finished as far back as 1989. Before that actually. When the west, starting with Thatcher's Britain and Reagans USA decided that financial engineering was much better for us than real engineering (and everything else that we need in real life, like housing and infrastructure etc). Much of the thinking around this started in the 1950s with the right wing think tanks, which of course Thatcher and Reagan were enamoured with. Quote Link to comment Share on other sites More sharing options...
Sour Mash Posted November 27, 2023 Share Posted November 27, 2023 On 25/11/2023 at 17:25, Maghull Mike said: https://www.telegraph.co.uk/business/2023/11/25/private-equity-pyramid-scheme-wreck-pensions-retirement/ You know, the Rest of the World looks at the "Wealthy West" & its sees it total bulsh1t. Mike We're at the point now where the 'wealthy West' is visibly starting to become not so wealthy any more. Plus the soft power of culture where big movie studios used to project an image of wealth and aspirational Western living to the rest of the World has turned into those same producers of culture exporting a dystopian vision that people reject. I would say we've entered the 'looting' stage where the insiders (and everyone else who can get a chunk of the action) is trying to get as much out of the system as they can before it goes belly up. Quote Link to comment Share on other sites More sharing options...
Maghull Mike Posted November 27, 2023 Author Share Posted November 27, 2023 2 hours ago, Sour Mash said: We're at the point now where the 'wealthy West' is visibly starting to become not so wealthy any more. Plus the soft power of culture where big movie studios used to project an image of wealth and aspirational Western living to the rest of the World has turned into those same producers of culture exporting a dystopian vision that people reject. I would say we've entered the 'looting' stage where the insiders (and everyone else who can get a chunk of the action) is trying to get as much out of the system as they can before it goes belly up. Agreed Quote Link to comment Share on other sites More sharing options...
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