Politics

[Cheese]

1 minute ago, BobyBrno said:

😅

Yesterday you said they don’t really matter. It’s one day. Here is the graph since the budget. They could go up tomorrow 🤷‍♂️

 

 

Whoosh

[BobyBrno]

1 minute ago, Cheese said:

Whoosh

Not really. It gave me the chance to show a graph. A graph showing the problem Ms. Reeves has. ie. the cost of her borrowing and why she’ll have to make cuts to public services. It’s what some call austerity. 

[Guest]

8 minutes ago, BobyBrno said:

😅

Yesterday you said they don’t really matter. It’s one day. Here is the graph since the budget. They could go up tomorrow 🤷‍♂️

 

 

I never said they don’t matter. But what happens with them is only very very marginally to do with the budget or Reeves. There is little anyone can do about them. Their impact is the issue as I outlined yesterday and the day before.

Nothing has changed in the U.K. economy in the last year - and that’s a problem. A big problem for Reeves. But that’s very different to the ‘oh gilts are spiking reeves has to do something’ narrative which was always total nonsense. 

 

[gonzo]

18 minutes ago, little whitt said:

when you buy a place in Spain

you pay MAD MAX on top of the sale price 

about 6% and 10% on new builds

so a £300'000  house 

so £18k  on top 

and when you sell  A house in Spain 

you have pay MAD MAX on the sale 

Between 19-24%

 

Good job most tourists just rent a hotel room or apartment for a week or two then

 

 

[Casino]

45 minutes ago, gonzo said:

Good job most tourists just rent a hotel room or apartment for a week or two then

 

 

but that rent will obviously now increase

or the market for buy to let dies

[Not in Crawley]

12 hours ago, Spider said:

I like @Not in Crawley but I’m not sure I want to live in the same space as him, even if there’s no rent.

 

I have trouble living with myself - nevermind anyone else!

[Guest]

Badenoch says we should means test the pensions triple lock so we can give younger people more. Now that is something I could vote for. The first sensible thing she’s ever said?

[Casino]

1 minute ago, bwfcfan5 said:

Badenoch says we should means test the pensions triple lock so we can give younger people more. Now that is something I could vote for. The first sensible thing she’s ever said?

She also said the tories were shit under the previous leaders

Shes growing on me

[Guest]

9 minutes ago, Casino said:

She also said the tories were shit under the previous leaders

Shes growing on me

And they had no plan post Brexit. Has she taken a reality pill suddenly?

[Spider]

15 minutes ago, bwfcfan5 said:

Badenoch says we should means test the pensions triple lock so we can give younger people more. Now that is something I could vote for. The first sensible thing she’s ever said?

Well well

[Lt. Aldo Raine]

27 minutes ago, bwfcfan5 said:

Badenoch says we should means test the pensions triple lock so we can give younger people more. Now that is something I could vote for. The first sensible thing she’s ever said?

"Not all cultures are equally valid" was another

She's not great, though

[BobyBrno]

8 hours ago, bwfcfan5 said:

I never said they don’t matter. But what happens with them is only very very marginally to do with the budget or Reeves. There is little anyone can do about them. Their impact is the issue as I outlined yesterday and the day before.

Nothing has changed in the U.K. economy in the last year - and that’s a problem. A big problem for Reeves. But that’s very different to the ‘oh gilts are spiking reeves has to do something’ narrative which was always total nonsense. 

 

You say very very marginally but many say it was more significant as my post from ‘Trading Economics’ showed. Here is another snippet from them. Interest rates affect everyone.

‘ Traders expect just one small interest rate cut from the Bank of England this year. Interest rate futures are pricing in only two reductions this year. Meanwhile, UK financial markets remain uneasy due to rising national debt concerns and uncertainty about whether the government can balance its finances while sticking to its budget plans.’

[Spider]

Did Brexit sleep through its alarm?

Should be saving the UK from these global headwinds by now?

 

[Guest]

1 hour ago, BobyBrno said:

You say very very marginally but many say it was more significant as my post from ‘Trading Economics’ showed. Here is another snippet from them. Interest rates affect everyone.

 

‘ Traders expect just one small interest rate cut from the Bank of England this year. Interest rate futures are pricing in only two reductions this year. Meanwhile, UK financial markets remain uneasy due to rising national debt concerns and uncertainty about whether the government can balance its finances while sticking to its budget plans.’

What people are saying and reality is not always the same. 
 

As a multitude of economic journalists and economists have pointed out this week the narrative on gilts is a nonsense. The relative rise and fall we see are (unlike after the Truss mini budget) entirely in line with historical comparative averages. We aren’t seeing ours rise higher than others outside of normal patterns. 
 

But as I said the issue we have is not that we have caused the rise (or subsequent record fall) it’s just if they stayed high we are exposed due to high debt and a lack of any headroom in the budget. Again that’s not reeves’ fault either but is a massive problem. Or would be if rates stayed high. 
 

And like I say she needs to find some growth to create some headroom moving forwards but doing so is going to ultimately likely result in gilts rising since if the economy looks like growing chance of interest rate cuts diminish. 

Edited January 16, 2025 by bwfcfan5

[Not in Crawley]

21 minutes ago, Spider said:

Did Brexit sleep through its alarm?

Should be saving the UK from these global headwinds by now?

 

You only have to wait a few hours....

Then Bolty gets up 

[Spider]

29 minutes ago, Not in Crawley said:

You only have to wait a few hours....

Then Bolty gets up 

Shall we dig the bingo card out?

* Wigan ginge

* X in the wrong box

* avoid Brexit benefits

 

[Not in Crawley]

5 minutes ago, Spider said:

Shall we dig the bingo card out?

* Wigan ginge

* X in the wrong box

* avoid Brexit benefits

 

Why does he think you live in Wigan? It's always baffled me that

[Casino]

7 minutes ago, Not in Crawley said:

Why does he think you live in Wigan? It's always baffled me that

He thinks i live in walshaw

You know hes drowning when all hes got is a place you dont live

[Cheese]

2 minutes ago, Casino said:

He thinks i live in walshaw

You know hes drowning when all hes got is a place you dont live

He's convinced I live in Chorley. The bloke lives in his own fantasy world. He'll enjoy all this attention though, bless. And so will his gay lovers 🙂

Edited January 16, 2025 by Cheese

[Not in Crawley]

3 minutes ago, Cheese said:

He's convinced I live in Chorley. The bloke lives in his own fantasy world. He'll enjoy all this attention though, bless. And so will his gay lovers 🙂

NOT GAY. He's super instant about that for some odd reason.

[bolty58]

16 hours ago, Sweep said:

correct, some people aren't bright enough to separate the two of them

My brain hurts.

[bolty58]

14 hours ago, Casino said:

indeed

 

not tourists, immigrants

not gonna help brits when it comes to selling either, i'd have thought

 

ooops

You are so out of touch it's alarming. Have you any idea how property prices have gone on the CDS since the nadir of 2012?

Thought not.

[bolty58]

3 hours ago, Casino said:

He thinks i live in walshaw

You know hes drowning when all hes got is a place you dont live

 Drowning. FFS, you drama queens are funny but highly predictable. 2016 will have you bitter and twisted  for eternity. Good.

NIC hates the reports on 'his parties' oh too apparent shortcomings. Reeves will be gone soon just as there will be a national enquiry into the 'mainly Pakistani men' grooming gangs. Some things are just inevitable.

Spider wants us to forget. I won't.

Casino wants to throw the borders wide open.

Firthy the rape fantasist trying to deflect I see.

Not me drowning.

If I do drown however it will be in clear local sea water with a turquoise hue overlooked by a pristine white sandy beach. The Croal would likely cross my mind though.

 

[BobyBrno]

Seems the ‘new Thatcher’ has been hiding in plain sight! Who’d have thought.😅

 

[Spider]

3 hours ago, bolty58 said:

 Drowning. FFS, you drama queens are funny but highly predictable. 2016 will have you bitter and twisted  for eternity. Good.

NIC hates the reports on 'his parties' oh too apparent shortcomings. Reeves will be gone soon just as there will be a national enquiry into the 'mainly Pakistani men' grooming gangs. Some things are just inevitable.

Spider wants us to forget. I won't.

Casino wants to throw the borders wide open.

Firthy the rape fantasist trying to deflect I see.

Not me drowning.

If I do drown however it will be in clear local sea water with a turquoise hue overlooked by a pristine white sandy beach. The Croal would likely cross my mind though.

 

A massive l, fuming word salad and not even a hint of a Brexit benefit.

The wait goes on. Be 9 years soon.