Macroeconomics, the economy, inflation etc. *likely to be very dull*
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Fookin love their pot the Libs.1
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You know who loves it so much he made sure he got 420 into the price he offered to pay per share for twitter?focuszing723 said:Fookin love their pot the Libs.
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That's very, very, very different, he can't be doing it all the time (compared to the pot head horse eaters) as he's created so much greatness.0
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That's 36 Countries enjoying connected greatness.0 -
Flagged due to the horse eatery of the post and myopicism of likes.kingstongraham said:
You know who loves it so much he made sure he got 420 into the price he offered to pay per share for twitter?focuszing723 said:Fookin love their pot the Libs.
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He should post this opinions and add to the mix. A different perspective as equally valid.briantrumpet said:Shortfall's got a new hero.
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focuszing723 said:
That's 36 Countries enjoying connected greatness.-1 -
focuszing723 said:
He should post this opinions and add to the mix. A different perspective as equally valid.briantrumpet said:Shortfall's got a new hero.
Yes, he should.
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Flagged for use of a tweet in the wrong context of greatness.-1
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Well that flagging of fact over fiction ain't fair, surely?focuszing723 said:Flagged for use of a tweet in the wrong context of greatness.
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The UK is set for the slowest growth of the G7 richest economies next year, the International Monetary Fund has warned.https://www.bbc.co.uk/news/business-62299490
It is predicting UK growth will fall to just 0.5% in 2023, much lower than its forecast in April of 1.2%.
The global economy has shrunk for the first time since 2020, the IMF said, hit by the Ukraine war and Covid-19.
With growth stalling in the UK, US, China and Europe, the world "may soon be teetering on the edge of a global recession", it said.
I'm surprised we are still p1ss1ng about over a leader.0 -
I'm surprised that anyone applied to be honest.0
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https://www.bbc.co.uk/news/business-62353114
Mortgage affordability test scrapped by Bank of EnglandThe "stress test" forced lenders to calculate whether potential borrowers would be able to cope if interest rates climbed by up to 3%.
I know this was announced in June but doesn't this seem like a weird time to decide not worry about interest rates going up?- Genesis Croix de Fer
- Dolan Tuono0 -
Related, I can't recall if it is a current proposal or one of Truss's pledges to include allowing payment of rent to be taken into account when assessing affordability of mortgages i.e. if someone shows they've paid £1000 in rent for x years without missing a payment then they can pay £1000 per month on a mortgage. Sounds sensible to me but, as was pointed out on the radio, unless the housing supply increases making it easier to get on the ladder isn't much benefit.0
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Problem with rent payments is they're not part of the system and therefore can be manipulated.
I could pay you £500 a month to rent a room at your house and you could pay me £500 a month for odd jobs.
The paper trail would say I’ve not missed a rent payment.0 -
Ready for tomorrow, getting back to historic norms.0 -
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Looks pretty ugly all round.
Inflation peaking at 13%, expects inflation to still be at 9% come Q3 20230 -
Would Rickonomics allow continued borrowing or is it time to panic?rick_chasey said:Looks pretty ugly all round.
Inflation peaking at 13%, expects inflation to still be at 9% come Q3 20232 -
At this point I'm at a loss. Predicted deepest recession for 60 years.surrey_commuter said:
Would Rickonomics allow continued borrowing or is it time to panic?rick_chasey said:Looks pretty ugly all round.
Inflation peaking at 13%, expects inflation to still be at 9% come Q3 2023
It's a f*cking catastrophe.0 -
https://www.youtube.com/watch?v=I_izvAbhExY
Annnnd I can still hear this exactly the same quality when stopped, such is my super power.
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My god if I kept hearing that song in my head I would be seeking urgent medical attention.focuszing723 said:https://www.youtube.com/watch?v=I_izvAbhExY
Annnnd I can still hear this exactly the same quality when stopped, such is my super power.
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My super powers work with any song for a short duration and not all the time.webboo said:
My god if I kept hearing that song in my head I would be seeking urgent medical attention.focuszing723 said:https://www.youtube.com/watch?v=I_izvAbhExY
Annnnd I can still hear this exactly the same quality when stopped, such is my super power.
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There are no large scale Hydroelectric scheme planned in the UK as of 2020. However, it is predicted that pumped storage will play an increasingly important role in the UK electricity grid in future years as more intermittent sources of electricity generation come on line.https://en.wikipedia.org/wiki/Hydroelectricity_in_the_United_Kingdom#:~:text=There are no large scale,electricity generation come on line.
Get on and build the Severn Barrage and while they are at it look for locations around the UK to build more hydro electric power stations (batteries).
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5 takeaways from the BoE statement today.
https://duncanweldon.substack.com/p/five-takeaways-from-the-bankThe key charts are below:
GDP contracts and then flatlines, with an historically weak recovery.
Inflation remains at the kind of levels the UK hasn’t experienced in a generation throughout next year.
And unemployment rises throughout the forecast.
Real household incomes suffer an unprecedented hit. The Bank’s forecast produces a fall of 1.5% this year and 2.25% next year. That would be the biggest two year drop since at least the 1940s.
But this forecast is almost certainly wrong
It is vitally important to remember that this forecast assumes no changes in fiscal policy.0 -
Ah, ha, ha, ha, stayin' alive, stayin' alive...
Ohhhh....0 -
Experts in the media a year ago or less. "Don't worry there is no sign of interest rates rising". Mmmm, very prudent that.
The historic average interest rate anybody!?0
