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Petrol to rise to £2 a litre this year? – politicalbetting.com
Petrol to rise to £2 a litre this year? – politicalbetting.com
One of the smarkets betting markets that has seen a fair amount of interest this week is the above one on whether petrol will move to £2 a litre in the UK at some stage during 2020.
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I am not an economist, but surely there comes a point where price rises might slow or even reverse. If things get really bad, the economy could properly tank.
and come to think of it I have oil heating and it's a pretty good proxy for that too.
But then, the PM's current owner loves that kind of stuff.
I've sent some dosh this morning to: https://donate.unrefugees.org.uk/
They have a Ukr appeal up and running now.
We allowed our whole trade (and, alarmingly, telecomms) to become integrated with China and Chinese firms, and to become on the hook (partly due to green nonsense and Merkel's crackers nuclear policy) with Russian gas.
https://twitter.com/DavidHerdson/status/1499686747197874178
"Indeed, looking forward to May, unless Labour can start enthusing people in their own message and vision (if indeed they can find one), or unless they can generate real anger against the Tories, those polls will also prove to be a damp squib for Starmer."
https://en.wikipedia.org/wiki/Stagflation
Alas that Marcus Aurelius ended the heir by adoption approach.
Hybrid/electric car owners for the win.
https://www.spectator.co.uk/article/how-putin-wins-the-war
"On Thursday, Germany's Economy Minister Robert Habeck stated that he is not in favor of banning energy imports from Russia as they are necessary to prevent prices from "rising further" and guarantee "social peace" in Germany. Currently, Russia provides Germany with 55 percent of the natural gas, 50 percent of the coal, and 35 percent of the oil consumed by its inhabitants."
https://www.telesurenglish.net/news/Germany-Cant-Stop-Importing-Russian-Energy-Habeck-20220303-0008.html
"Belarusian forces will not take part in Ukraine war, Lukashenko says http://reut.rs/373MOXd"
Not going to plan.
This is what our (great) grandfathers did.
It is almost impossible to take in that we will have to do it all again.
Actually quite popular
@NATO will discuss possible intervention and no-fly zone in Ukraine during a Friday summit of the US-led military alliance
https://twitter.com/HenryJFoy/status/1499679745012871171
I was wondering if the escalation of indiscriminate bombing might prompt a reconsideration of the policy.
Is it a provocative act to intervene in mass murder ?
“No” is probably value. But I can’t be arsed to do the in depth research into oil futures that I’d need to do, before parting with my money.
I’d be interested in @rcs1000 ’s opinion.
Also, sorry to be pedantic Mike, but there’s a typo - 2022, not 2020.
We should also talk to Lukashenko (if we are not already), and try to further divide him from Russia, isolating Putin further.
If the future is swing back from here, the Conservatives are sitting pretty.
If the future is Things Can Only Get Worse, they're in fairly deep doodoo.
Me? I think it'll be The Economy, Stupid and Vote Starmer Because He Can't Be Any Worse.
A no-fly zone means total war with Russia. Are we really ready for what that entails? I think not.
This isn't like a no-fly zone over northern iraq. RU have a ton of air defences and so on. We would have to take them out to control the air.
Or in real life how those who show no loyalty to others may be the most demanding of loyalty from the same.
BREAKING: Moscow Stock Exchange to remain closed until at least next Tuesday
What will come first, nuclear annihilation or the Moscow Stopped Exchange re-opening? Can we get an s-markets market on this?
Some VERY iffy tweets from cummings this morning, the missiles only hit a shed not the actual power plant therefore this is all hysterical propaganda by Ukraine. I think most people think missiles hitting sheds near power plants is a good 90% as concerning as hitting the actual plant.
Are we ready for a regimental strength Backfire incursion down the North Sea doing untold millions of pounds worth of improvements to Hartlepool?
After the Cold War, the West had an opportunity to bring Russia into the fold.
Tim Black"
https://www.spiked-online.com/2022/02/26/the-peace-that-could-have-been/
Can anyone extrapolate out to the country from this result, whether the current polling is accurate or not? Looks like a swing to Labour consistent with the polls?
Seems unlikely to me considering just how much of the price of fuel is duty, a barrel of Brent Crude would really have to rocket much higher to get retail prices anywhere close to £2 surely?
Cements his position in total power if RU is facing full war?
From memory duty is fixed, but there's VAT on top of both the duty and the rest of the fuel price, so when the price goes up the Exchequer gets more VAT even without increasing Duty.
Not sure that destroying Ukraine, to save it is the way to go.