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 HKOwen  Hong Kong 25 Sep 22 2.05am |
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Originally posted by steeleye20
The collapse of sterling, if it sticks, makes any benefit from this fiasco redundant anyway. It means further rises in inflation, prices especially energy and interest rate rises probably as early next week.
You do know that every major currency has fallen against the USD
Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance. |
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| HKOwen Hong Kong 25 Sep 22 2.09am |
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Originally posted by Midlands Eagle
It wasn't the fault of the Conservative MPs as they made their preference well known. Unfortunately the decision was in the hands of the Conservative Party members most of whom seem to be doddery old fools and perhaps they didn't want a leader who wasn't the same colour as themselves Labour can't even bring themselves to have a female leader. The most popular candidate amongst party members was Badenoch, your racist tone does not hold up. But don't let facts get in the way of your own prejudice. Too bad the anti semite factions in Labour from Corbyn down are being purged eh.
Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance. |
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Midlands Eagle  25 Sep 22 5.59am |
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Originally posted by HKOwen
don't let facts get in the way of your own prejudice. Thank you for reminding me why I stopped posting in this section. Nothing has changed and people are still posting rubbish I see
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cryrst  The garden of England 25 Sep 22 7.08am |
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Originally posted by HKOwen
Why would you buy dollars? It is the strength of the dollar that is making sterling, euros and yen etc weaken against it. Tbh Hk he was replying to me saying it !
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| HKOwen Hong Kong 25 Sep 22 7.24am |
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Originally posted by Midlands Eagle
Thank you for reminding me why I stopped posting in this section. Nothing has changed and people are still posting rubbish I see You're most welcome
Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance. |
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| HKOwen Hong Kong 25 Sep 22 7.25am |
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Originally posted by cryrst
Tbh Hk he was replying to me saying it ! Fair enough, we are in a different position here as the HK$ is linked to the USD at a fixed ROE, so the HK$ has also appreciated against everything else apart from the USD.
Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance. |
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| cryrst The garden of England 25 Sep 22 8.36am |
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Originally posted by HKOwen
Fair enough, we are in a different position here as the HK$ is linked to the USD at a fixed ROE, so the HK$ has also appreciated against everything else apart from the USD. Our different position may well be that my fiscal knowledge is not as good as yours
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| HKOwen Hong Kong 25 Sep 22 8.47am |
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Horses for course sir. I think we have a similar knowledge of BS and hypocrisy when we see it
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| silvertop Portishead 25 Sep 22 9.45am |
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Originally posted by Badger11
A colleague once complained he couldn't afford to have kids. He earned the same as me and with his working wife they were on £100k plus. They had a fabulous lifestyle (and why not) he went to concerts at least once a week / lavish holidays etc, nothing wrong it that. Too poor to have kids yeah right. Some people want it all and they need to learn to budget and go without. My parents did and so did I until I was in my late twenties and my career took off. For some their spending is holidays and nights out daily trips to Starbucks. For others its takeaways. Lewisham is supposed to be one of the poorest boroughs in London and yet McDonald's is busy with delivery drives for breakfast. Some people are genuinely poor others just don't want to tighten their belt. You're not comparing apples Badg. When you bought there was a 3x income to house price multiplier. Now it is 9x. Method of assessment has altered from income to affordability which has removed more first time buyers. Young folk could turn to their parents. However your post is indicative of the reaction they are likely to expect. The issue is partly supply. However over half of all new homes are for elderly buyers. And the property chain is also warped by older owners unwilling to downsize and empty nesting in their 5 bed houses. Put simply those you complain about can tighten their belts as much as they can but the prospect of buying a home is so far off it is all but impossible. If you were they you may also give up and just splash whatever cash you have. Our generation was very lucky.
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| Wisbech Eagle Truro Cornwall 25 Sep 22 9.47am |
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Originally posted by Badger11
I think you are straying from my point about people who claim to be Tory but don't want Tory policies. You are now arguing for a Labour government fair enough but that is not the same thing. When there is more than one view of what is meant by "Tory policies" there will always be disputes. Blind adherence to an ideology that has been proven not to actually work is not just ultimately politically foolish, it is irresponsible.
For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally. |
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| Badger11 Beckenham 25 Sep 22 9.57am |
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Originally posted by silvertop
You're not comparing apples Badg. When you bought there was a 3x income to house price multiplier. Now it is 9x. Method of assessment has altered from income to affordability which has removed more first time buyers. Young folk could turn to their parents. However your post is indicative of the reaction they are likely to expect. The issue is partly supply. However over half of all new homes are for elderly buyers. And the property chain is also warped by older owners unwilling to downsize and empty nesting in their 5 bed houses. Put simply those you complain about can tighten their belts as much as they can but the prospect of buying a home is so far off it is all but impossible. If you were they you may also give up and just splash whatever cash you have. Our generation was very lucky. I agree with that, I grew up in he sixties and seventies most working people could not afford to buy nor could the generations who came before. The only time in this country when buying was a realistic prospect for most people was the eighties and nineties. So affordability has been the exception rather than the rule. All that said if you are not prepared to save you will never be in a position to buy. Edited by Badger11 (25 Sep 2022 9.57am)
One more point |
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| Badger11 Beckenham 25 Sep 22 10.02am |
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Originally posted by ASCPFC
Why have Labour put Greener into their party conference slogan? Do they think all of their supporters are blue haired, glued to a motorway, pan gender, diversity champions? How about working class? Literally clueless, f***ing idiots. Labour's slogan should be 'The only opposition party in the world that could make a turd government look good', if it were to have any basis in reality. Awful is nowhere near harsh enough. There aren't words low enough to describe Labour currently. Tories aren't much better, but are perhaps reaching bottom-feeder level - which Labour would have to climb a mountain to achieve. I spotted this morning that Starmer is pledging to be zero net energy by 2030, more interesting than the usual bland statements about wind / solar / tidal / energy efficiency was the support for nuclear power which currently is the only realistic way we can achieve this. I wonder how firm a support there is in the Labour party for nuclear, we shall see.
One more point |
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