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 rekirked
Joined: 11/7/2017
Msg: 51
random very predictable musings....macro economics corner ...Page 3 of 3    (1, 2, 3)
It’s human nature to buy into something everyone else is buying into. As long as everyone keeps buying into it then it has a value. I am convinced I could open a retail store that sold empty boxes, blue box for a tenner, red box for 50 quid and gold box for 100 quid. I’d sell a lot of gold boxes to idiots.

My son has an evening job washing up in the local pub, he gets paid £5 per hour. He ordered a Dominoes last night for 15 quid. We have loads of pizzas in the freezer, I told him you’ve worked 3 hours for some dough and toppings in a box to be delivered, was it worth 3 hours of washing up? It didn’t seem to compute.

Back of the net!
 Justanotherchap
Joined: 12/4/2013
Msg: 52
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random very predictable musings....macro economics corner ...
Posted: 4/14/2018 7:32:06 AM
Nice one son.

I'd like to test my T shirt idea. It seems to me that people buy graments based on the name printed on it , which is the same thing as saying, this pullover whatever cost me lots. My idea was to sell T shirts saying "this cost me £10", "this cost me £20","this cost me £30" each one costing what was printed on it. I'm sure there'd be a lot of people who would pay the extra just to show off.
 billybonds
Joined: 8/8/2014
Msg: 53
random very predictable musings....macro economics corner ...
Posted: 4/21/2018 3:56:00 AM
I liked capris. And starsky and hutch's car. I think Tesla is not long for this world.


Whether it's credit,debt, money or currency you call it, this week I'm calling it oxygen. Essentially we are all in an airtight room and the banksters are withdrawing the oxygen. If this keeps up, as they promise it will, expect some of our fine zombie corporations to keel over.

Read the ragged trousered philanthropists now. Loved it , funny and sad. Wonderful expose of the failings of socialism. Tresell was very good on the loafer class, the unproductive class and the productive class. He was very much ahead of his time when he said that the working class didn't need savings as the state would provide everything. Don't you just love these central planners. Of course Crass and Slyme sniffed out this rubbish.

Nothing has really changed from that era. Sure we are all seemingly richer. The Rushtons and the Sweaters are
still with us, so thankfully we still haven't given up our liberty to the state completely. But it's coming. And yet the more they do for us the more dissatisfied we become.

I think Robert tresell was good on religion . I feel today that they have replaced religion with global warming and lentil eating

Owen the atheist, called it the money trick. Railed against metal money And talked about his ideal state using paper money . These people today are calling for a cashless society.

Without doubt frank owen was a lovely character. So it's very hard to call people like him evil. If you want to put a finger on why this guy is so wrong it's because he wants to avoid the harshness of life. But this is what makes life worth living . You live you struggle and you die. There is literally no utopia.

Happiness, true bliss is a sensible detachment from all care and worry. A sensible detachment is an understanding that a confrontation with reality is what makes a blissful detachment possible. How can you be free from care when you have to listen to the fascist left's lies and empry promises or the latest crop report or Tesla's production figures. Or the utter nonsense from Salisbury and Syria. They are lying useless evil leftist parasites.

Freedom is what is important Frank, with freedom life becomes lovely. In a free world we can find our own respite from care and worry thank you very much. As an aside 37 countries in the commonwealth consider homosexuality illegal. This is the what the mob is capable of.

I was in sunny smouldering Brighton yesterday and it was lovely. Hot and lovely. And even though it was full of simple minded socialists, all flora and fauna were there. Remember!!! If we don't fix the money we fix nothing .

Sound money free markets and no government . Apart from our lovely queen, queen elizabeth the second. That's my recipe.

Alternatively become your own central bank, repudiate the debt and insist you get your toil paid for in gold and silver.
 Justanotherchap
Joined: 12/4/2013
Msg: 54
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Posted: 4/21/2018 6:45:40 AM
So you don't believe that Tesla needs more people and fewer robots then? perhaps they haven't paid the robots bill or even maybe the robots are getting uppity and demanding more, more, more?

Apart from that, I love your prose Billy but haven't got a clue.

p.s. the sun always shines in Margate.
 Justanotherchap
Joined: 12/4/2013
Msg: 55
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Posted: 4/25/2018 2:09:31 AM
If you want to worry about something then I think Amazon should be of concern. Growing at around 30% per year it is already turning over 130 billion and shattering high street shops around the world. Even trump is complaining about it not paying tax. That's important to small retailers (eg Marks and Spencer, tescos etc)., how can anyone compete against a company which can reinvest all it's profits.

"Amazon Web Services controls around 45% of the world’s cloud-computing capacity and provides the web infrastructure on which thousands of other huge businesses and vital organisations are built – with customers ranging from Netflix to the CIA to the UK’s Department of Justice."
 billybonds
Joined: 8/8/2014
Msg: 56
random very predictable musings....macro economics corner ...
Posted: 5/4/2018 1:55:45 AM
I think her name was Ellenor Garnier (bbc) and commenting on labour's relatively poor showing in the local elections, she began by saying "after eight years of austerity". ....words fail me.....They are lying to us you know.

I'm not getting into the minutiae of this but there has been no austerity in this country since we went bankrupt under old labour in 1976 and the IMF bailed us out and insisted on austerity as a condition of receiving its fake money.

I don't think we have had austerity this millennium. Let's be clear here, every year our government that derives its income from our taxes puts a whopping amount of its outgoings on the national credit cards. We then pay the minimum and apply for more credit cards. You vote for these people and then you accuse them of being misers. Is it me or are you nuts !!..

The European union ...two weeks ago the protectionist gulag was booming ...it was growing at .oooooooo1 % ..I'm exaggerating a bit....but not a mention of why that might be (massive currency debasememt) we were told if we racists hadn't voted brexit we too could be booming .Weeeellll 20 seconds later they're not booming now. What a sooooprise.

That Tesla call... so Elon Musk owes billions and he's on the call with various and they say roughly Elon you want us to give you billions of dollars but when will you stop putting a match to it. And old Elon says feck off you boring corporate squares..I'm dying listening to you.

Surely if you are borrowing money to burn and you want more money to burn you would want to go easy on your creditors. It's hard to figure what Elon, who has dated Amber Heard, is up to. My theory is that he feels the financiers are in a weak macro environment and he's having fun, there are alternative views and they are shorting his stock all the way to zero.

Brexit and it's all your fault time ....1..house prices are falling ...this is a simple one ..a house is worth only what someone is willing to pay for it.. There is nothing wrong with house prices falling getting more bang for your buck, unless you are running a ponzi scheme...

2..The pound is tanking against the dollar!! see what you have done voting for brexit you bigot ...then it's goes back up and it's because........now it's going back down . Brexit or no brexit this is what happens. It's a cluster**** of silliness.

What's more important to note is that you always need way more of this funny money in the future then you are earning now. ....How's that retirement going ..... surely you want more money now than you need in the future.


TSB has IT problems. . I'm off to the seaside...
 RoxyMoronic
Joined: 6/7/2016
Msg: 57
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random very predictable musings....macro economics corner ...
Posted: 5/4/2018 2:30:13 AM
Didn't we have a lovely time the day we went to Bangor
A beautiful day, we had lunch on the way and all for under a pound you know
But on the way back I cuddled with Jack and we opened a bottle of cider
Singing a few of our favourite songs as the wheels went around

Do you recall the thrill of it all as we walked along the sea grand
Then on the sand we heard a brass band that played the Diddlely-Bump-Terrara
Elsie and me had one cup of tea then we took a Paddler boat out
Splashing away as we sat on the bay and the wheels went 'round

Didn't we have a lovely time the day we went to Bangor
A beautiful day, we had lunch on the way and all for under a pound you know
But on the way back I cuddled with Jack and we opened a bottle of cider
Singing a few of our favourite songs as the wheels went around
 Justanotherchap
Joined: 12/4/2013
Msg: 58
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random very predictable musings....macro economics corner ...
Posted: 5/4/2018 5:43:32 AM
Love that song. I keep meaning to hire a minibus and take my friends out for a day. Need some kiss me quick hats, couple of crates of stout and a couple of songbooks.



ladedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahladedahdedahdedah etc
 Justanotherchap
Joined: 12/4/2013
Msg: 59
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Posted: 5/4/2018 5:49:24 AM
very erudite Billy - whatever that means. Anyway, if it was labour that made us bankrupt back in 1970something, what was it that the IMF bailed us out with considering they don't have any real money either (golds standard and all that)?

I think Tesla is the supreme example of owing the banks so much that he's got them very firmly by the squeezy painful anatomical bits.
 RoxyMoronic
Joined: 6/7/2016
Msg: 60
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Posted: 5/4/2018 6:02:15 AM
if......I know, big IF......you happen to cruise past Brum. Gimmea tinkle?

I’m glad I’ve finally been able to post in Billy’s super-intelligent/over my head thread (off topic alas!)
 Justanotherchap
Joined: 12/4/2013
Msg: 61
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Posted: 5/4/2018 6:29:31 AM
I'm sure Billy will be there super fast :-)


another nail in the idea of raising interest rates thankfully as I'm one of those stuck on a stupid high mortgage rate - BBC today

"A lack of activity in the UK housing market could make it more difficult for Bank of England policymakers to raise interest rates, surveyors have said.

There has been widespread speculation of a potential increase in the Bank rate in May from its level of 0.5%.

The Royal Institution of Chartered Surveyors (RICS) said property buyer demand had fallen for its 12th consecutive month in March.

This could mean slower household spending as fewer people move home.

Simon Rubinsohn, chief economist at RICS, said that there was little sign of any potential pick-up in buyer demand.

"Apart from the implications this has for the market itself, it also has the potential to impact the wider economy, contributing to a softer trend in household spending," he said.

"This could make Bank of England deliberations around a May hike in interest rates, which is pretty much odds-on at the moment, a little more finely balanced than would otherwise be the case.""
 RoxyMoronic
Joined: 6/7/2016
Msg: 62
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Posted: 5/4/2018 7:28:12 AM
Gosh chap, that’s the 2nd time you’ve turned me down publicly.
I’m not gonna cry.......
—-mopes—-sniffs—-slopes off
 Justanotherchap
Joined: 12/4/2013
Msg: 63
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Posted: 5/4/2018 7:43:52 AM
I'm not used to attention Roxy - I simply assumed you must have meant someone else. I definitely will.
 duracell_bunny_one
Joined: 1/21/2015
Msg: 64
random very predictable musings....macro economics corner ...
Posted: 5/5/2018 6:56:26 AM
...........WHY are we running off the bluddy page?

 Justanotherchap
Joined: 12/4/2013
Msg: 65
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Posted: 5/5/2018 7:15:47 AM
It's OK on page 2..............quick get to page 4
 billybonds
Joined: 8/8/2014
Msg: 66
random very predictable musings....macro economics corner ...
Posted: 5/9/2018 2:06:51 PM
The uk five year and ten has now inverted. 1.75 and 1.46. This is a pretty
good indicator that suggests we will be in a recession
in six to twelve months. House prices continue to fall down 3.1%
last month the biggest drop in eight years. The base rate is only
.50% ...whatever are we going to cut....
 Justanotherchap
Joined: 12/4/2013
Msg: 67
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Posted: 5/10/2018 2:38:52 AM
I don't think we've really come out of the 2008/2009 recession. Thanks to austerity, few working people are as well off never mind better off. I can't see it as being a problem though, the Bank of England will press another button, send money to the banks and the prices of antiques, classic cars etc will continue to spiral upwards.
 billybonds
Joined: 8/8/2014
Msg: 68
random very predictable musings....macro economics corner ...and Surie..
Posted: 5/12/2018 1:30:00 PM
I erred in the yield curve inversion.. sorry..
So that's just a slowdown at the moment..blame Cnbc. .

I am outraged by the treatment of Surie by the EUROCRATS.
I thought under the circumstances her performance was
commendable. And the song quite good ...

My prediction is.. our first homegrown winner since bucks fizz
in 1981.....is going to be Surie.( Sorry katrina.) I've seen bucks fizz
in 2015 and I cried ..so emotional. .
RIP Terry and Katie Boyle. ..

https://youtu.be/BFmU02QsmeE

How did this not win ...vvv


https://youtu.be/W8fUTTwOp40



Vvvv ahh

https://youtu.be/dCGvYNzS1Lo
 billybonds
Joined: 8/8/2014
Msg: 69
random very predictable musings....macro economics corner ...
Posted: 5/13/2018 2:54:17 AM


Attlee in 1964 three years before he died...


https://youtu.be/D6fGNbApKwk
 billybonds
Joined: 8/8/2014
Msg: 70
random very predictable musings....macro economics corner ...
Posted: 7/8/2018 6:56:04 AM
It's the first safe space I came too. ..sometimes I wish chap could do Sundays as I'm in the dark .
...but roughly Brexit is coming.....apparently....soon.....zzzzzzz

I thought it meant we weren't to bind the hands of our future elected finest.
Infamously the European union doesn't do democracy and you would think
we could find more than 52% to vote for this but alas only people wanting more
money for the NHS and all foreigners sent home voted and while their opinions
are to be acknowledge they really aren't educated enough to understand that only
government educated approved people can rule. Those who believe in consent thus
have to be ignored especially once they slip the chains of disinformation.

I don't mind as I am leaving the system.. reason being as I have stated remorselessly ..
is that I have grown weary of mentioning that money doesn't generally grow on trees.
History is replete of examples of this. Someone, memorably Sometime ago, on the corpse strewn
Off topic forum, said of my idea of a better world... that it would not happen.. because it didn't
confer power on any one. Wise words.

It's fundamentally always the same, a bunch of pious crooks set up shop and begin to
rob the produce of the worker. Everything is done for us of course ...not them...The fact
they wouldn't have a penny without us is ignored more and more. Until we actually
believe we wouldn't have a penny without them. Pass the sick bag.

We are at a global stage now where twenty years ago, we ran out of money. Do you
Remember when in 2008 we got a small glimpse of all this? Notwithstanding, since then we have been using
fake money. T bills , derivatives ..paper ...tesla shares , house price rises , zombie corporations to prop all this up.

Of course it's absurd because I think my house in 2014..15 ..was "earning" more " money " than me every day.
Never did my house go out to work during that period.. you think I wouldn't notice if it did ?!?!
Of course I'm too embarrassed to mention its governmental mandated price. Not being
clever I know that the eye watering sum will not be there in the future in anything like the size it is now because it's not
money. Everywhere you look stocks , bonds (debt) , currencies is an embedded mountain of fake money
rotting wealth as it grows. As our leaders dissemble, obfuscate, kill or remain ignorant of our predicament.

Atomic numbers 47 and 79 ....are a start..
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