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Wanderers Ways. Neil Thompson 1961-2021

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Posted
3 hours ago, Ani said:

 

But for me it is now clear the furlough scheme was too generous - But not many were up in arms about it at the time.

it was a good emergency move and i for one benefitted from it

it went on way too long though

Posted

QT was weird, do not think the idea of only having Brexit voters there worked well. 
 

Just people saying we voted for sovereignty. 

Posted
7 hours ago, Casino said:

it was a good emergency move and i for one benefitted from it

it went on way too long though

And if you are honest was it enough to just keep your heads above water or a land of milk and honey ? 

Posted
1 minute ago, Ani said:

And if you are honest was it enough to just keep your heads above water or a land of milk and honey ? 

We didnt need it at all but it saved a hit on the savings

Wife worked straight through, i got the 80% whatever until they announced it was being scrapped and bossman let all the bigger earners go

They then extended it!

I got another job and worked through the rest of it

For it to run for what, 18 months, was just crackers

There was no real motivation for many folk to mitigate their loss, either

Posted
9 hours ago, Casino said:

Didnt need it at our time of life

If it was early in paying a mortgage, it wouldve been a life saver, i imagine

Total lifesaver for us.

Mrs went on immediately, I went on furlough in July I think and then by August they had let the whole agency go. Got a minimum 10k payoff and a free laptop.

Thankfully got a year long contract which covered the rent and we relied on the payoff.

Then started what I'm doing now. 

Furlough for certain industries was a god send, esp when both of you work in the same sector. We'd have gone under without it and having an understanding Landlord who cut the rent in half and said they will never ask for a penny back.

Posted
8 minutes ago, captainmed said:

One year bond rates are approaching 6%. About time savers had something to cheer.

Strengthening currency too.

All is good.

 

Explain how bonds at 6% can improve the life of Joe Average with his mortgage, no savings and 2 kids.

And I’m not being a sarcastic cunt here, I’m genuinely interested.

 

Posted
24 minutes ago, Spider said:

Explain how bonds at 6% can improve the life of Joe Average with his mortgage, no savings and 2 kids.

And I’m not being a sarcastic cunt here, I’m genuinely interested.

Because he can say "One year bond rates are approaching 6%! Stick that in your pipe and smoke it, Remoaners and wokes!"

Posted
5 minutes ago, Cheese said:

Because he can say "One year bond rates are approaching 6%! Stick that in your pipe and smoke it, Remoaners and wokes!"

Well let’s see what the answer is.

Where can I buy these bonds?

Posted
33 minutes ago, Spider said:

Well let’s see what the answer is.

Where can I buy these bonds?

He won’t be arsed. Not a dig. Everyone is in it for themselves and I suspect he has the 6% bond and has saved some money so all will look good to him.

Posted
4 minutes ago, tomski said:

He won’t be arsed. Not a dig. Everyone is in it for themselves and I suspect he has the 6% bond and has saved some money so all will look good to him.

It’s the Brexit way.

It fucked a large portion of our business so I know it’s been shit.

Folk waiting 7 years for a government bond to hit 6% are going to be find it’s a niche benefit.

Posted
Just now, Spider said:

It’s the Brexit way.

It fucked a large portion of our business so I know it’s been shit.

Folk waiting 7 years for a government bond to hit 6% are going to be find it’s a niche benefit.

Couldn’t agree more. 

I’m not captain med though.

Im a saver etc and want to be prepared for all challenges coming but in my mind simple logic says if we are all not doing well or the majority it will have a knock on to those who feel more comfortable anyway. That can happen in multiple ways.

Similarly to those lauding Germany going into recession recently. Even though it’s not us (currently) it’s certainly not good news in a bigger picture view.
 

 

Posted
1 hour ago, Spider said:

Explain how bonds at 6% can improve the life of Joe Average with his mortgage, no savings and 2 kids.

 

Joe has had it good now for many many years with historically low interest rates.

He should have savings unless he’s been living beyond his means.

Its payback time.

Posted
22 minutes ago, captainmed said:

Joe has had it good now for many many years with historically low interest rates.

He should have savings unless he’s been living beyond his means.

Its payback time.

What about the ~40% of British citizens who haven't had a penny to spare for the last decade and more? Not benefit scroungers - hard working NHS staff, and carers, and service employees, and veterans, and OAP's? Interest rates and investments mean nothing to people who live hand to mouth and struggle to make ends meet on a weekly basis. Do you have no empathy for those people, or do you think they should just have "worked harder"?

Posted
54 minutes ago, tomski said:

Couldn’t agree more. 

I’m not captain med though.

Im a saver etc and want to be prepared for all challenges coming but in my mind simple logic says if we are all not doing well or the majority it will have a knock on to those who feel more comfortable anyway. That can happen in multiple ways.

Similarly to those lauding Germany going into recession recently. Even though it’s not us (currently) it’s certainly not good news in a bigger picture view.
 

 

Quite.

Plus I predict we will be in recession also very soon.

Not good. Not good at all.

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