Some of the Labour messaging seems to be targeted at earnings (and therefore workers). That's smart, given the Tories have all but abandoned anyone who works/has a mortgage.
The more that BJO insults Starmer, the more I think maybe I should feel safe to vote for his party afterall rather than Lib Dems.
If disenchanted Tory voters like myself vote Labour, while disenchanted Corbynistas vote Green, then that is a very positive net result for Starmer.
Given Starmer wants to concrete over much of the greenbelt with new housing like you do and the LDs are the most NIMBY of the main parties that would not be a surprise
The more that BJO insults Starmer, the more I think maybe I should feel safe to vote for his party afterall rather than Lib Dems.
If disenchanted Tory voters like myself vote Labour, while disenchanted Corbynistas vote Green, then that is a very positive net result for Starmer.
Depends which seat you are in. He probably sees me as some obsessive Starmerite, happily excusing any ill. And yet I am categorically definitively not voting Labour at the election...
Off topic, but important: "Authorities in Canada are racing to evacuate nearly 20,000 residents from the territorial capital, Yellowknife, in the Northwest Territories by Friday as a raging wildfire nears the city.
That's the entire population -- and Yellowknife is the only city in the entire Northwest Territories, which together have an "area of approximately 1,144,000 km2 (442,000 sq mi)". https://en.wikipedia.org/wiki/Northwest_Territories
(Has the Canadian government failed on fire prevention? Possibly.)
QTWAIN.
They'd have failed had they not evacuated the population and people died as a result.
Fires happen, they are a natural part of the environment. If you live in deep woodlands, you need to get used to fires being a risk. You can not control some forces of nature.
Many towns have been evacuated this summer, like every summer, in Canada. My own family living there were evacuated earlier in the year, its something that is planned for - you live in a hamlet in a forest on a mountain, you have to have evacuation plans for when, not if, evacuations get called for.
Hopefully, typically, the risk will pass and the hamlet/town/city will be unscathed and you can return. If your home burns down, that's what insurance is for, and you replace it - but you can't replace people who die if they don't evacuate, so that's why you do.
The more that BJO insults Starmer, the more I think maybe I should feel safe to vote for his party afterall rather than Lib Dems.
If disenchanted Tory voters like myself vote Labour, while disenchanted Corbynistas vote Green, then that is a very positive net result for Starmer.
I suppose there is theoretically a place where Starmer does overcorrect from the Corbyn era for the majority of people, not simply fans of that era, but I really struggle to see how he could manage it.
People of generally leftish persuasion probably see someone who still presents a distinction from the Tory government, with big and sustained poll leads and a party that appears mostly united in purpose.
People who may have been on board with the Tory governments but have grown weary or annoyed by it will see someone who looks and sounds like a credible PM, safe and unextreme, but definitely a fresh hand on the tiller even if he might not radically shift the direction. Which for the generally cautious is a good thing, and reinforced by the complaints by those holding a candle for Corbyn.
Very much off topic, why is my Facebook feed full of testicle products? Apparently I should be shaving them and then encasing them in special pants with compartments.
Allegedly this is based on web searches. It isn't. Some of this stuff I didn't know existed until I saw it on Facebook...
Sinostocks trending down, a potential massive contagion coming down the line.
Deflation can be disastrous in an economy with high debt sectors.
Overall nonfinancial sector debt (government, corporate and households) in China is now 300% of GDP. That is higher than in advanced economies (which have far better developed financial sectors to manage the risk) and twice the level in other emerging markets. China has real problems.
The more that BJO insults Starmer, the more I think maybe I should feel safe to vote for his party afterall rather than Lib Dems.
If disenchanted Tory voters like myself vote Labour, while disenchanted Corbynistas vote Green, then that is a very positive net result for Starmer.
Given Starmer wants to concrete over much of the greenbelt with new housing like you do and the LDs are the most NIMBY of the main parties that would not be a surprise
The Lib Dems are increasingly anti-LTN though, sensing an opportunity to steal some votes off the Tories. This is a fascinating pivot given their historical green-ish credentials. Decisions, decisions.
Edit: I have always assumed that the Lib Dems are "green". Is that true?
The more that BJO insults Starmer, the more I think maybe I should feel safe to vote for his party afterall rather than Lib Dems.
If disenchanted Tory voters like myself vote Labour, while disenchanted Corbynistas vote Green, then that is a very positive net result for Starmer.
Depends which seat you are in. He probably sees me as some obsessive Starmerite, happily excusing any ill. And yet I am categorically definitively not voting Labour at the election...
I believe I'm in a pretty bellwether seat, not entirely certain whether its changed due to boundary changes or not though.
Overall across the country, losing Corbynistas like BJO to the Greens (many of whom will hold their nose and vote Labour anyway) while gaining disenchanted Tories isn't something that is going to have Starmer crying into his Corn Flakes.
Very much off topic, why is my Facebook feed full of testicle products? Apparently I should be shaving them and then encasing them in special pants with compartments.
Allegedly this is based on web searches. It isn't. Some of this stuff I didn't know existed until I saw it on Facebook...
Facebook knows you are a world authority on talking testicles?
Sinostocks trending down, a potential massive contagion coming down the line.
Deflation can be disastrous in an economy with high debt sectors.
China hasn't had a proper recession/slump in the modern era, outside covid. Sooner or later it is going to have one, and it will have massive effects on the region and world trade.
People are very tolerant of dictators when they are prospering, but that will wear thin when that is no longer the case. Xi is on borrowed time.
The problem is that Xi has smashed the succession process that Deng Xiaoping put in place. Dictators frequently get overthrown, but they are often a lot more resilient then we hope. Mugabe hang on for ages, despite the Zimbabwean economy completely collapsing, and despite Zimbabwe having at one time much more space for democratic civil society that could oppose him.
Xi might only be 70, but he's got to be a strong favourite for dictator most likely to die peacefully in bed.
The more that BJO insults Starmer, the more I think maybe I should feel safe to vote for his party afterall rather than Lib Dems.
If disenchanted Tory voters like myself vote Labour, while disenchanted Corbynistas vote Green, then that is a very positive net result for Starmer.
I suppose there is theoretically a place where Starmer does overcorrect from the Corbyn era for the majority of people, not simply fans of that era, but I really struggle to see how he could manage it.
People of generally leftish persuasion probably see someone who still presents a distinction from the Tory government, with big and sustained poll leads and a party that appears mostly united in purpose.
People who may have been on board with the Tory governments but have grown weary or annoyed by it will see someone who looks and sounds like a credible PM, safe and unextreme, but definitely a fresh hand on the tiller even if he might not radically shift the direction. Which for the generally cautious is a good thing, and reinforced by the complaints by those holding a candle for Corbyn.
In his guts Starmer is a Brownite not a Blairite. Corbynites will think he has gone too far too the centre but if he wins the next general election he will still be the most leftwing elected PM we have had since Harold Wilson
The more that BJO insults Starmer, the more I think maybe I should feel safe to vote for his party afterall rather than Lib Dems.
If disenchanted Tory voters like myself vote Labour, while disenchanted Corbynistas vote Green, then that is a very positive net result for Starmer.
Depends which seat you are in. He probably sees me as some obsessive Starmerite, happily excusing any ill. And yet I am categorically definitively not voting Labour at the election...
I believe I'm in a pretty bellwether seat, not entirely certain whether its changed due to boundary changes or not though.
Overall across the country, losing Corbynistas like BJO to the Greens (many of whom will hold their nose and vote Labour anyway) while gaining disenchanted Tories isn't something that is going to have Starmer crying into his Corn Flakes.
Green? Pah. Proper Socialiats vote for TUSC. Socialist Labour. Left Unity. Some Jimmie Krankie party where you show your radical purity whilst sincerely hoping the Tories win.
Sinostocks trending down, a potential massive contagion coming down the line.
Deflation can be disastrous in an economy with high debt sectors.
China hasn't had a proper recession/slump in the modern era, outside covid. Sooner or later it is going to have one, and it will have massive effects on the region and world trade.
People are very tolerant of dictators when they are prospering, but that will wear thin when that is no longer the case. Xi is on borrowed time.
The problem is that Xi has smashed the succession process that Deng Xiaoping put in place. Dictators frequently get overthrown, but they are often a lot more resilient then we hope. Mugabe hang on for ages, despite the Zimbabwean economy completely collapsing, and despite Zimbabwe having at one time much more space for democratic civil society that could oppose him.
Xi might only be 70, but he's got to be a strong favourite for dictator most likely to die peacefully in bed.
Yes, going the way of Gaddafi must be pretty rare. Maybe dictators are just getting smarter? That's a depressing thought.
Sinostocks trending down, a potential massive contagion coming down the line.
Deflation can be disastrous in an economy with high debt sectors.
China hasn't had a proper recession/slump in the modern era, outside covid. Sooner or later it is going to have one, and it will have massive effects on the region and world trade.
People are very tolerant of dictators when they are prospering, but that will wear thin when that is no longer the case. Xi is on borrowed time.
The problem is that Xi has smashed the succession process that Deng Xiaoping put in place. Dictators frequently get overthrown, but they are often a lot more resilient then we hope. Mugabe hang on for ages, despite the Zimbabwean economy completely collapsing, and despite Zimbabwe having at one time much more space for democratic civil society that could oppose him.
Xi might only be 70, but he's got to be a strong favourite for dictator most likely to die peacefully in bed.
Putin surely is going to die peacefully in bed?
After accidentally cutting his throat while shaving that is.
The more that BJO insults Starmer, the more I think maybe I should feel safe to vote for his party afterall rather than Lib Dems.
If disenchanted Tory voters like myself vote Labour, while disenchanted Corbynistas vote Green, then that is a very positive net result for Starmer.
I suppose there is theoretically a place where Starmer does overcorrect from the Corbyn era for the majority of people, not simply fans of that era, but I really struggle to see how he could manage it.
People of generally leftish persuasion probably see someone who still presents a distinction from the Tory government, with big and sustained poll leads and a party that appears mostly united in purpose.
People who may have been on board with the Tory governments but have grown weary or annoyed by it will see someone who looks and sounds like a credible PM, safe and unextreme, but definitely a fresh hand on the tiller even if he might not radically shift the direction. Which for the generally cautious is a good thing, and reinforced by the complaints by those holding a candle for Corbyn.
In his guts Starmer is a Brownite not a Blairite. Corbynites will think he has gone too far too the centre but if he wins the next general election he will still be the most leftwing elected PM we have had since Harold Wilson
And depending on when the GE happens quite possibly the oldest PM upon taking office since Attlee. Boomers will love him.
...We need the nation to take this team to their hearts so that people will see the ludicrous nonsense of some 3rd division no hoper deciding that he is really Ethel and has been all along and being permitted to play against, or compete for a place on the team with, the lovely Alessia.
This isn't the first time you've pointed this out (apart from your stiffy on the lovely Alessia). Do you really think people transition to get better scores in sports?
I'm sure they don't.
But the difference between male and female performance in sports is so extreme, that many sports would inevitably get dominated to by trans competitors.
Let me give you an example. The US Women's World Cup team played Wrexham (who has just been promoted to the old fourth division!)
This is 11 of the very best female players in the world, against a team that wouldn't be in the top 1,000 worldwide.
And from the other side, if trans athletes are only allowed to compete in their birth gender, you get situations like Mack Beggs, who as an ftm trans athlete, dominated girls wrestling in Texas.
The Williams sisters, while absolutely dominating women's tennis, lost back-to-back to 203rd ranked player in the world, Karsten Braasch. (These were easy victories for the German, he won one match 6-1 and the other 6-2.)
And in 2013 someone on Twitter suggested Andy Murray and Serena Williams should play. Serena said: "that would be fun. I doubt I'd win a point, but that would be fun."
I've already pointed out that when Starlizard's team played Brighton, then it was a walkover for Starlizard.
And - by the way - pointing out that one person didn't dominate their event is extraordinarily misleading. If I became a woman (and I have no current plans to do so), then I wouldn't win anything. The point is that there are massive differences in average height, weight, etc., that give male athletes a huge advantage.
Women aren't separated because of the fact they feel like women; they are seperated because being XX results in serious physical disadvantages compared to those born XY.
...We need the nation to take this team to their hearts so that people will see the ludicrous nonsense of some 3rd division no hoper deciding that he is really Ethel and has been all along and being permitted to play against, or compete for a place on the team with, the lovely Alessia.
This isn't the first time you've pointed this out (apart from your stiffy on the lovely Alessia). Do you really think people transition to get better scores in sports?
I'm sure they don't.
But the difference between male and female performance in sports is so extreme, that many sports would inevitably get dominated to by trans competitors.
Let me give you an example. The US Women's World Cup team played Wrexham (who has just been promoted to the old fourth division!)
This is 11 of the very best female players in the world, against a team that wouldn't be in the top 1,000 worldwide.
And from the other side, if trans athletes are only allowed to compete in their birth gender, you get situations like Mack Beggs, who as an ftm trans athlete, dominated girls wrestling in Texas.
Only a complete arse would transition m to f and then think hey, thank god my life is so much better in the round that I am also going to compete against proper female athletes on a level playing field, honest. And as for someone explicitly calling themselves James, cheering them on ...
Obviously no one transitions from male to female in order to be a professional athlete. But are you telling me that no-one who transitions isn't a keen and capable footballer?
Sinostocks trending down, a potential massive contagion coming down the line.
Deflation can be disastrous in an economy with high debt sectors.
China hasn't had a proper recession/slump in the modern era, outside covid. Sooner or later it is going to have one, and it will have massive effects on the region and world trade.
People are very tolerant of dictators when they are prospering, but that will wear thin when that is no longer the case. Xi is on borrowed time.
The problem is that Xi has smashed the succession process that Deng Xiaoping put in place. Dictators frequently get overthrown, but they are often a lot more resilient then we hope. Mugabe hang on for ages, despite the Zimbabwean economy completely collapsing, and despite Zimbabwe having at one time much more space for democratic civil society that could oppose him.
Xi might only be 70, but he's got to be a strong favourite for dictator most likely to die peacefully in bed.
Putin surely is going to die peacefully in bed?
After accidentally cutting his throat while shaving that is.
I honestly have no clue what would be reasonable in these various cases, since I assume the prosecutors opened with dates they know will be pushed back at least a bit, but 3 goddamn years of delay? He's having a complete laugh.
I note the screenshot shows that 'President Trump' is asking for it - I would really hope that one good thing to come out of his refusal to accept defeat would be americans changing their habit of referring to past elected officials by their most senior formerly held title.
That sort of thing goes well beyond due respect for someone's past service.
Interesting that Bill Barr commented that the documents case really should be able to be done pretty quickly 'if the judge is anywhere competent', but I bet it isn't.
...We need the nation to take this team to their hearts so that people will see the ludicrous nonsense of some 3rd division no hoper deciding that he is really Ethel and has been all along and being permitted to play against, or compete for a place on the team with, the lovely Alessia.
This isn't the first time you've pointed this out (apart from your stiffy on the lovely Alessia). Do you really think people transition to get better scores in sports?
I'm sure they don't.
But the difference between male and female performance in sports is so extreme, that many sports would inevitably get dominated to by trans competitors.
Let me give you an example. The US Women's World Cup team played Wrexham (who has just been promoted to the old fourth division!)
This is 11 of the very best female players in the world, against a team that wouldn't be in the top 1,000 worldwide.
And from the other side, if trans athletes are only allowed to compete in their birth gender, you get situations like Mack Beggs, who as an ftm trans athlete, dominated girls wrestling in Texas.
Only a complete arse would transition m to f and then think hey, thank god my life is so much better in the round that I am also going to compete against proper female athletes on a level playing field, honest. And as for someone explicitly calling themselves James, cheering them on ...
Obviously no one transitions from male to female in order to be a professional athlete. But are you telling me that no-one who transitions isn't a keen and capable footballer?
I'm old enough to recall when "Bruce" Jenner was featured on Wheaties boxes.
I honestly have no clue what would be reasonable in these various cases, since I assume the prosecutors opened with dates they know will be pushed back at least a bit, but 3 goddamn years of delay? He's having a complete laugh.
I note the screenshot shows that 'President Trump' is asking for it - I would really hope that one good thing to come out of his refusal to accept defeat would be americans changing their habit of referring to past elected officials by their most senior formerly held title.
That sort of thing goes well beyond due respect for someone's past service.
Interesting that Bill Barr commented that the documents case really should be able to be done pretty quickly 'if the judge is anywhere competent', but I bet it isn't.
Personally would NOT ask Bill Barr for legal advice to fight a parking ticket.
Was a minor-league Al Haig. And is now profiting from being anti-Trump, just as he profited for being pro-Trump.
Off topic, but important: "Authorities in Canada are racing to evacuate nearly 20,000 residents from the territorial capital, Yellowknife, in the Northwest Territories by Friday as a raging wildfire nears the city.
That's the entire population -- and Yellowknife is the only city in the entire Northwest Territories, which together have an "area of approximately 1,144,000 km2 (442,000 sq mi)". https://en.wikipedia.org/wiki/Northwest_Territories
(Has the Canadian government failed on fire prevention? Possibly.)
Believe that in Canada, forests (or at least crown lands) are a provincial & territorial, NOT federal, responsibility.
Exception being Indian reserves and national parks.
Sinostocks trending down, a potential massive contagion coming down the line.
Deflation can be disastrous in an economy with high debt sectors.
China hasn't had a proper recession/slump in the modern era, outside covid. Sooner or later it is going to have one, and it will have massive effects on the region and world trade.
People are very tolerant of dictators when they are prospering, but that will wear thin when that is no longer the case. Xi is on borrowed time.
The problem is that Xi has smashed the succession process that Deng Xiaoping put in place. Dictators frequently get overthrown, but they are often a lot more resilient then we hope. Mugabe hang on for ages, despite the Zimbabwean economy completely collapsing, and despite Zimbabwe having at one time much more space for democratic civil society that could oppose him.
Xi might only be 70, but he's got to be a strong favourite for dictator most likely to die peacefully in bed.
Putin surely is going to die peacefully in bed?
After accidentally cutting his throat while shaving that is.
Who appeared in one of the best Twilight Zone episodes. ‘it’s a cookbook !’
But Jaws gets very crap in Moonraker. I love a Roger Moore gagfest but Moonraker is a bit too gamey even for me. Hovercraft gondolas and double taking pigeons before they even get into space.
Prices are decided by supply and demand. Deflation occurs thru greater supply and/or lower demand. "Demand" is a function of the amount of money in the economy. "Supply" is a function of the number of things in the economy.
For example, heating. When it is cold you need heat to survive, and people will pay more for it until the amount of heat bought is equal to the amount of money offered. When it is warm you do not need heat and demand drops, less money is offered, prices fall.
Prices are decided by supply and demand. Deflation occurs thru greater supply and/or lower demand. "Demand" is a function of the amount of money in the economy. "Supply" is a function of the number of things in the economy.
For example, heating. When it is cold you need heat to survive, and people will pay more for it until the amount of heat bought is equal to the amount of money offered. When it is warm you do not need heat and demand drops, less money is offered, prices fall.
To further what viewcode said, one of the main reasons we have deflation issues around the globe (especially in Japan, but in Europe including UK between GFC and 2020) is high levels of debt.
If people's money is going to service debts, instead of to purchase goods, then even if they have money it is not going to goods, hence deflationary pressures.
There is so much debt in the system nowadays, so much money going to service finance, money chasing money that not as much money is chasing goods.
Lockdown changed that two-fold which brought us out of facing deflation. Firstly the Bank of England printed so much money that the money supply increased far more than it would have. Secondly while locked down and not going on holiday/out/whatever people paid down debts. There was the biggest fall in personal debts in a very long time during lockdown.
So extra inflationary pressures combined with lower deflationary pressures, with pretty explosive results. Then the war happened cutting the supply of goods further and so inflation went even higher.
But debt is still extremely high. So deflationary pressures do still exist, they're just being outweighed at the present moment.
To further the point, interest rates at 5% now that debt levels are far higher can be as painful for households as interest rates at 10% was when debt was much lower in 80s/early 90s
That effectively is the deflationary impact of debt.
To further the point, interest rates at 5% now that debt levels are far higher can be as painful for households as interest rates at 10% was when debt was much lower in 80s/early 90s
That effectively is the deflationary impact of debt.
Also when I took out my first mortgage in 1983 there was tax relief (MIRAS) at 30%. Which made a huge difference, 10% became 7%. Income tax was 30% for most people then.
"Spain's Socialist candidate elected as parliament speaker
Francina Armengol, the candidate proposed by Spain's Socialist party, was on Thursday elected by lawmakers as the parliament's new speaker, a win for Pedro Sánchez in his fight to be re-elected as prime minister."
Off topic, but important: "Authorities in Canada are racing to evacuate nearly 20,000 residents from the territorial capital, Yellowknife, in the Northwest Territories by Friday as a raging wildfire nears the city.
That's the entire population -- and Yellowknife is the only city in the entire Northwest Territories, which together have an "area of approximately 1,144,000 km2 (442,000 sq mi)". https://en.wikipedia.org/wiki/Northwest_Territories
(Has the Canadian government failed on fire prevention? Possibly.)
QTWAIN.
They'd have failed had they not evacuated the population and people died as a result.
Fires happen, they are a natural part of the environment. If you live in deep woodlands, you need to get used to fires being a risk. You can not control some forces of nature.
Many towns have been evacuated this summer, like every summer, in Canada. My own family living there were evacuated earlier in the year, its something that is planned for - you live in a hamlet in a forest on a mountain, you have to have evacuation plans for when, not if, evacuations get called for.
Hopefully, typically, the risk will pass and the hamlet/town/city will be unscathed and you can return. If your home burns down, that's what insurance is for, and you replace it - but you can't replace people who die if they don't evacuate, so that's why you do.
"“The reality is we’ve been fighting this fire for over a month. This fire has burned deep, this fire has burned hot, and it has found ways through multiple different sets of established [control] lines,” said the Northwest Territories fire information officer Mike Westwick."
"This summer saw the hottest day ever recorded in the far north of the country when Fort Good Hope – a community about 500 miles north-west of Yellowknife – hit 37.4C (99.3F)."
The more that BJO insults Starmer, the more I think maybe I should feel safe to vote for his party afterall rather than Lib Dems.
If disenchanted Tory voters like myself vote Labour, while disenchanted Corbynistas vote Green, then that is a very positive net result for Starmer.
Given Starmer wants to concrete over much of the greenbelt with new housing like you do and the LDs are the most NIMBY of the main parties that would not be a surprise
The Lib Dems are increasingly anti-LTN though, sensing an opportunity to steal some votes off the Tories. This is a fascinating pivot given their historical green-ish credentials. Decisions, decisions.
Edit: I have always assumed that the Lib Dems are "green". Is that true?
Pretty much pioneers of green policies in local government. Ed Davey is extremely committed to addressing climate change and certainly the party membership is pretty green too.
The more that BJO insults Starmer, the more I think maybe I should feel safe to vote for his party afterall rather than Lib Dems.
If disenchanted Tory voters like myself vote Labour, while disenchanted Corbynistas vote Green, then that is a very positive net result for Starmer.
Given Starmer wants to concrete over much of the greenbelt with new housing like you do and the LDs are the most NIMBY of the main parties that would not be a surprise
The Lib Dems are increasingly anti-LTN though, sensing an opportunity to steal some votes off the Tories. This is a fascinating pivot given their historical green-ish credentials. Decisions, decisions.
Edit: I have always assumed that the Lib Dems are "green". Is that true?
Pretty much pioneers of green policies in local government. Ed Davey is extremely committed to addressing climate change and certainly the party membership is pretty green too.
Yes, that is very much my local parties membership and position. Not Nimby, indeed pro-development as long as it is environmentally sensitive, built to be energy efficient and phased in to allow the schools and other infrastructure to adapt.
The more that BJO insults Starmer, the more I think maybe I should feel safe to vote for his party afterall rather than Lib Dems.
If disenchanted Tory voters like myself vote Labour, while disenchanted Corbynistas vote Green, then that is a very positive net result for Starmer.
Given Starmer wants to concrete over much of the greenbelt with new housing like you do and the LDs are the most NIMBY of the main parties that would not be a surprise
The Lib Dems are increasingly anti-LTN though, sensing an opportunity to steal some votes off the Tories. This is a fascinating pivot given their historical green-ish credentials. Decisions, decisions.
Edit: I have always assumed that the Lib Dems are "green". Is that true?
Pretty much pioneers of green policies in local government. Ed Davey is extremely committed to addressing climate change and certainly the party membership is pretty green too.
Yes, that is very much my local parties membership and position. Not Nimby, indeed pro-development as long as it is environmentally sensitive, built to be energy efficient and phased in to allow the schools and other infrastructure to adapt.
I'm going to say something nice about the LibDems (don't tell my dad): they like to do Green policies by harnessing the free market.
That is the fundamentally smart way of changing the world for the better.
Sinostocks trending down, a potential massive contagion coming down the line.
Deflation can be disastrous in an economy with high debt sectors.
China hasn't had a proper recession/slump in the modern era, outside covid. Sooner or later it is going to have one, and it will have massive effects on the region and world trade.
People are very tolerant of dictators when they are prospering, but that will wear thin when that is no longer the case. Xi is on borrowed time.
The problem is that Xi has smashed the succession process that Deng Xiaoping put in place. Dictators frequently get overthrown, but they are often a lot more resilient then we hope. Mugabe hang on for ages, despite the Zimbabwean economy completely collapsing, and despite Zimbabwe having at one time much more space for democratic civil society that could oppose him.
Xi might only be 70, but he's got to be a strong favourite for dictator most likely to die peacefully in bed.
Museveni has got to be up there in the running for that.
The GOP is going to have to decide whether or not it supports the rule of law. It is as simple as that.
That's easy. If the US didn't have all these weirdo freaks, it wouldn't have this problem. We can have the rule of law back after we've killed all the trans folk.
The GOP is going to have to decide whether or not it supports the rule of law. It is as simple as that.
That's easy. If the US didn't have all these weirdo freaks, it wouldn't have this problem. We can have the rule of law back after we've killed all the trans folk.
Fire on ship carrying electric cars - what caused the fire? Not the electric cars it seems. "After inspecting the damaged ship, he told the local press that between 900 and 1000 of the cars on board appear to be in good condition — including all 498 electric cars." "The fire probably started in the 8th deck of the 12-deck ship, as that is where the worst damage is. The electric cars were all on decks far below. " https://cleantechnica.com/2023/08/17/a-ship-carrying-electric-cars-is-on-fire-we-must-run-and-tell-the-king/
Way offtopic, I just bought this badge from a shop in Ukraine.
To anyone who doubts what the Ukranians think of the Brits at the moment… 🇬🇧 🇺🇦
I want one
In fairness the flag seems to be slightly fashionable thing in any case, it seems to pop up around the globe on clothing and tat in some odd places, and not just stamped on flags as a colonial legacy.
Off-topic, I hope for United's sake that Mason Greenwood is as good on his return as he was before his unfortunate idiocy. Imagine the excitement if he comes back and plays like Harry Maguire...
This is dodgy ground surely.
Greenwood hasn't been found guilty of anything, and AFAIK hasn't admitted any reprehensible behaviour. What he has been accused of is vile of course but don't we have to follow an 'innocent until proved guilty' approach?
Maybe I'm missing something, but if 'his unfortunate idiocy' is the unproven accusation it can't be used to condemn him.
Hmm the recording discussed on radio made him out to be a very unsavoury character.
It's more a buyers' strike; the root problem here is assets (principally property) rather than goods. If you think prices are falling, you sit in your cash, as it will grow in value.
If you've bought assets with too much debt, things go sour quickly. Forced sellers drive prices down further - vicious spiral.
Banks become less willing (or more unable) to lend, so the contagion spreads.
Off-topic, I hope for United's sake that Mason Greenwood is as good on his return as he was before his unfortunate idiocy. Imagine the excitement if he comes back and plays like Harry Maguire...
This is dodgy ground surely.
Greenwood hasn't been found guilty of anything, and AFAIK hasn't admitted any reprehensible behaviour. What he has been accused of is vile of course but don't we have to follow an 'innocent until proved guilty' approach?
Maybe I'm missing something, but if 'his unfortunate idiocy' is the unproven accusation it can't be used to condemn him.
go away, listen to the recordings, and come back and think about what you're defending.
I wasn't defending it and haven't listened to the recordings. I've now seen transcript TSE has posted, and if that's definitely Greenwood that's way more than 'unfortunate idiocy'. United would surely do best to part company and let him find another club if he can, assuming that's a genuine recording.
I wonder whether he denies it's him, tries to say it's some weird sex game his partner was complicit in (she's no longer pressing charges, I believe) or what? But if it's as it appears to be United would be crazy to stick with him.
Employment law operates on the civil standard of proof. You would have to show, I’m assuming, something like behaviour that brought the team into disrepute, on the balance of probabilities, to fire him.
Very much off topic, why is my Facebook feed full of testicle products? Apparently I should be shaving them and then encasing them in special pants with compartments.
Allegedly this is based on web searches. It isn't. Some of this stuff I didn't know existed until I saw it on Facebook...
Facebook knows you are a world authority on talking testicles?
Off-topic, I hope for United's sake that Mason Greenwood is as good on his return as he was before his unfortunate idiocy. Imagine the excitement if he comes back and plays like Harry Maguire...
This is dodgy ground surely.
Greenwood hasn't been found guilty of anything, and AFAIK hasn't admitted any reprehensible behaviour. What he has been accused of is vile of course but don't we have to follow an 'innocent until proved guilty' approach?
Maybe I'm missing something, but if 'his unfortunate idiocy' is the unproven accusation it can't be used to condemn him.
go away, listen to the recordings, and come back and think about what you're defending.
Exactly. The man has not committed any crime. But was a total idiot in what he did. I hope - whether he plays for us or anyone else going forward - that the experience has made him a Sadder and Wiser engine.
I think "idiot" is giving him far too much leeway. He should be kicked to the kerb a nasty piece of work. He was very very lucky to get a free pass for sure.
Way offtopic, I just bought this badge from a shop in Ukraine.
To anyone who doubts what the Ukranians think of the Brits at the moment… 🇬🇧 🇺🇦
I want one
In fairness the flag seems to be slightly fashionable thing in any case, it seems to pop up around the globe on clothing and tat in some odd places, and not just stamped on flags as a colonial legacy.
Not in Scotland
Tend to prefer tattoos, don't they, Malc?
I remember meeting an enthusiatic if somewhat intoxicated Rangers supporter on a cross-channel ferry and he very happily showed me the flags on various parts of his anatomy. He was particularly proud of the one with the legend 1690 inked below it. He asked me if I knew what the date signified.
However when I suggested it was perhaps the last time Rangers won the Scottish League title he seemed strangely unamused.
Two council by elections last night: LibDems held in Marshalswick East & Jersey Farm (St Albans), although the Cons came closer than previously, and Lab lost to an Independent in Ayresome (Middlesbrough)
It's more a buyers' strike; the root problem here is assets (principally property) rather than goods. If you think prices are falling, you sit in your cash, as it will grow in value.
If you've bought assets with too much debt, things go sour quickly. Forced sellers drive prices down further - vicious spiral.
Banks become less willing (or more unable) to lend, so the contagion spreads.
Deflation in the price of goods isn't necessarily a bad thing - electronics have consistently dropped in price for decades without that being a problem.
Way offtopic, I just bought this badge from a shop in Ukraine.
To anyone who doubts what the Ukranians think of the Brits at the moment… 🇬🇧 🇺🇦
I want one
In fairness the flag seems to be slightly fashionable thing in any case, it seems to pop up around the globe on clothing and tat in some odd places, and not just stamped on flags as a colonial legacy.
Not in Scotland
Tend to prefer tattoos, don't they, Malc?
I remember meeting an enthusiatic if somewhat intoxicated Rangers supporter on a cross-channel ferry and he very happily showed me the flags on various parts of his anatomy. He was particularly proud of the one with the legend 1690 inked below it. He asked me if I knew what the date signified.
However when I suggested it was perhaps the last time Rangers won the Scottish League title he seemed strangely unamused.
You should have suggested that it was his bank keycard number.
I would like to report on a truly amazing happening yesterday evening. I popped round my friends house who was recovering from an operation. He only has a small house and we sat next to each other on his sofa. After about 10 minutes his mobile phone started ringing. He pulled it out of his pocket and I said who's calling you. And his answer was "you are". On the screen of his phone was my name. We looked at eachother. I checked my pockets. I did not have my phone on me, it was in my locked car outside his house. He answered the phone. There was no one there. We chatted for a minute about the madness of what had just happened and I got up to go to my car to get my phone. As i did his phone rang and it was me calling again. We both went out to my car and on the front seat of my empty locked car was my phone with my mates name on the screen, it was calling him. I unlocked the car and held the phone in my hand as it continued to call him! My mate and I were dumbfounded. I took the phone in his house. It had made two calls to him by itself from a locked car at 5.28pm and then again at 5.31pm. In his house the my phone behaved normally, after 1 minute of inaction the screen lock came on. Prior to the 2 ghost calls I had not called him for 2 days and I had made 11 calls since last contacting him. SInce thse two calls my phone has behaved completely normally. If this happened during an episode of Most Haunted Derek Acorah would have had a baby.
Way offtopic, I just bought this badge from a shop in Ukraine.
To anyone who doubts what the Ukranians think of the Brits at the moment… 🇬🇧 🇺🇦
I want one
In fairness the flag seems to be slightly fashionable thing in any case, it seems to pop up around the globe on clothing and tat in some odd places, and not just stamped on flags as a colonial legacy.
Not in Scotland
Tend to prefer tattoos, don't they, Malc?
I remember meeting an enthusiatic if somewhat intoxicated Rangers supporter on a cross-channel ferry and he very happily showed me the flags on various parts of his anatomy. He was particularly proud of the one with the legend 1690 inked below it. He asked me if I knew what the date signified.
However when I suggested it was perhaps the last time Rangers won the Scottish League title he seemed strangely unamused.
You should have suggested that it was his bank keycard number.
It's more a buyers' strike; the root problem here is assets (principally property) rather than goods. If you think prices are falling, you sit in your cash, as it will grow in value.
If you've bought assets with too much debt, things go sour quickly. Forced sellers drive prices down further - vicious spiral.
Banks become less willing (or more unable) to lend, so the contagion spreads.
Deflation in the price of goods isn't necessarily a bad thing - electronics have consistently dropped in price for decades without that being a problem.
Are we talking real or nominal terms?
I thought one of the reasons for having a target of 2% inflation was that it takes advantage of sticky prices. Firms don't like putting prices up, so low, stable inflation induces them to find ways to produce stuff more cheaply.
Way offtopic, I just bought this badge from a shop in Ukraine.
To anyone who doubts what the Ukranians think of the Brits at the moment… 🇬🇧 🇺🇦
I want one
In fairness the flag seems to be slightly fashionable thing in any case, it seems to pop up around the globe on clothing and tat in some odd places, and not just stamped on flags as a colonial legacy.
Not in Scotland
Tend to prefer tattoos, don't they, Malc?
I remember meeting an enthusiatic if somewhat intoxicated Rangers supporter on a cross-channel ferry and he very happily showed me the flags on various parts of his anatomy. He was particularly proud of the one with the legend 1690 inked below it. He asked me if I knew what the date signified.
However when I suggested it was perhaps the last time Rangers won the Scottish League title he seemed strangely unamused.
LOL, Peter, I should have qualified it right enough. The neanderthals of course love it as they live in the 17th century.
It's more a buyers' strike; the root problem here is assets (principally property) rather than goods. If you think prices are falling, you sit in your cash, as it will grow in value.
If you've bought assets with too much debt, things go sour quickly. Forced sellers drive prices down further - vicious spiral.
Banks become less willing (or more unable) to lend, so the contagion spreads.
Deflation in the price of goods isn't necessarily a bad thing - electronics have consistently dropped in price for decades without that being a problem.
True indeed. Was watching a Channel 5 nostalgia programme on the 1970s and noticed smallish TVs being advertised for £249, alongside chest freezers for £39. Ten-fold inflation since then.
Off-topic, I hope for United's sake that Mason Greenwood is as good on his return as he was before his unfortunate idiocy. Imagine the excitement if he comes back and plays like Harry Maguire...
This is dodgy ground surely.
Greenwood hasn't been found guilty of anything, and AFAIK hasn't admitted any reprehensible behaviour. What he has been accused of is vile of course but don't we have to follow an 'innocent until proved guilty' approach?
Maybe I'm missing something, but if 'his unfortunate idiocy' is the unproven accusation it can't be used to condemn him.
go away, listen to the recordings, and come back and think about what you're defending.
I wasn't defending it and haven't listened to the recordings. I've now seen transcript TSE has posted, and if that's definitely Greenwood that's way more than 'unfortunate idiocy'. United would surely do best to part company and let him find another club if he can, assuming that's a genuine recording.
I wonder whether he denies it's him, tries to say it's some weird sex game his partner was complicit in (she's no longer pressing charges, I believe) or what? But if it's as it appears to be United would be crazy to stick with him.
Employment law operates on the civil standard of proof. You would have to show, I’m assuming, something like behaviour that brought the team into disrepute, on the balance of probabilities, to fire him.
They could presumably sell him, telling he's unlikely to be picked again if he stays.
They can easily move to Germany or the Netherlands and get a job... Oh sorry actually they can't.
Doesnt seem right asking them to move to two countries in recession.
Poland’s doing quite well. They could move there. Except they can’t. Thanks for that.
What tosh
Polands doing well from a low base. Poland has too small a population to overtake the UK on GDP. And if its GDP per head then it must also overtake France before it overtakes the UK and possibly Germany - so much for Brexit.
As for our young folk moving to Europe its a load of crap since so few of them speak a foreign language, so how are they going to get a job ? Modern language teaching was butchered under Blair so who's teaching you to live in Warsaw ?
The bit in the FT piece that really resonated for me was the flag shagers reference. The notion that Britain (by which they mean England) is exceptional, and their exceptionalism has driven stupidity like "we hold all the cards" thinking.
I know I bash my fellow English a lot, but until nationally the "we rule the waves" nonsense gets dropped, we're going to continue our long and slow decline. The best thing Starmer could do after becoming PM is hold a mirror up to reality.
When you go through the various groups that made up the 52%, how many have actually got what they wanted from Brexit?
The "sovereignty" crowd who think it's a win to follow EU rules because business demands it rather than have a role in shaping them as an EU member seem pretty happy still.
The bit in the FT piece that really resonated for me was the flag shagers reference. The notion that Britain (by which they mean England) is exceptional, and their exceptionalism has driven stupidity like "we hold all the cards" thinking.
I know I bash my fellow English a lot, but until nationally the "we rule the waves" nonsense gets dropped, we're going to continue our long and slow decline. The best thing Starmer could do after becoming PM is hold a mirror up to reality.
The English need to read some Burns.
O, wad some Power the giftie gie us To see oursels as others see us! It wad frae monie a blunder free us, An' foolish notion.
1. I read his thread and I do not see the basis for the assertion that Trump is struggling in Georgia. Yes, there is the trial but, at this point, that seems to be pretty much factored into the equation. There doesn't look to be any new information in here suggesting Trump is now doing much worse in GA than he was previously - it is still likely to remain very tight.
2. Having looked through what @paulmotty reposts, he does repost a lot of stuff that is anti-Trump but not really anything anti-Biden. That is fine per se but, given he is supposed to be the analyst for Betfair, my distinct impression from his Twitter (sorry X) feed is that he has a strong personal bias that feeds into his public opinions, and that is going to make me take his analysis with a pinch of salt.
They can easily move to Germany or the Netherlands and get a job... Oh sorry actually they can't.
Doesnt seem right asking them to move to two countries in recession.
Poland’s doing quite well. They could move there. Except they can’t. Thanks for that.
What tosh
Polands doing well from a low base. Poland has too small a population to overtake the UK on GDP. And if its GDP per head then it must also overtake France before it overtakes the UK and possibly Germany - so much for Brexit.
As for our young folk moving to Europe its a load of crap since so few of them speak a foreign language, so how are they going to get a job ? Modern language teaching was butchered under Blair so who's teaching you to live in Warsaw ?
LaLaLand again Alan. In which universe do you think UK GDP per capita is ahead of Germany's?
They can easily move to Germany or the Netherlands and get a job... Oh sorry actually they can't.
Doesnt seem right asking them to move to two countries in recession.
I do keep reading pointed comments about Germany being in recession - and that we're not.
Great! So the much bigger much more successful economy is somehow worse than our smaller crappier one because they just dipped into recession and we just stayed out of recession?
They would need to be in a deep recession for a long time and our economy growing like a train for a long time for us to catch up.
They can easily move to Germany or the Netherlands and get a job... Oh sorry actually they can't.
Doesnt seem right asking them to move to two countries in recession.
Poland’s doing quite well. They could move there. Except they can’t. Thanks for that.
What tosh
Polands doing well from a low base. Poland has too small a population to overtake the UK on GDP. And if its GDP per head then it must also overtake France before it overtakes the UK and possibly Germany - so much for Brexit.
As for our young folk moving to Europe its a load of crap since so few of them speak a foreign language, so how are they going to get a job ? Modern language teaching was butchered under Blair so who's teaching you to live in Warsaw ?
LaLaLand again Alan. In which universe do you think UK GDP per capita is ahead of Germany's?
It's more a buyers' strike; the root problem here is assets (principally property) rather than goods. If you think prices are falling, you sit in your cash, as it will grow in value.
If you've bought assets with too much debt, things go sour quickly. Forced sellers drive prices down further - vicious spiral.
Banks become less willing (or more unable) to lend, so the contagion spreads.
Deflation in the price of goods isn't necessarily a bad thing - electronics have consistently dropped in price for decades without that being a problem.
Are we talking real or nominal terms?
I thought one of the reasons for having a target of 2% inflation was that it takes advantage of sticky prices. Firms don't like putting prices up, so low, stable inflation induces them to find ways to produce stuff more cheaply.
For electronics, real terms.
Agreed, though inflation (or at least a low amount of it) is also effectively the price for having a functioning monetary system.
1. I read his thread and I do not see the basis for the assertion that Trump is struggling in Georgia. Yes, there is the trial but, at this point, that seems to be pretty much factored into the equation. There doesn't look to be any new information in here suggesting Trump is now doing much worse in GA than he was previously - it is still likely to remain very tight.
2. Having looked through what @paulmotty reposts, he does repost a lot of stuff that is anti-Trump but not really anything anti-Biden. That is fine per se but, given he is supposed to be the analyst for Betfair, my distinct impression from his Twitter (sorry X) feed is that he has a strong personal bias that feeds into his public opinions, and that is going to make me take his analysis with a pinch of salt.
Latest is he (or his acolytes) has been intimidating the jury.
It’s proper mafia tactics: make a secure conviction impossible by compromising the jury. I hope US justice is able to withstand it better than generations of Italian justice did. So long as the majority of republicans support el capo in this kind of behaviour it’ll continue.
My wife and daughter went to see Barbie in Edinburgh last night. They ended up going to a later performance because the one they were heading for was completely sold out. On a wet Thursday, several weeks after opening. It seems to have become a social phenomenon. My wife's review was that there are some funny lines and some amusing scenes but it wasn't clear to her what the fuss is about. It didn't even particularly get her woke antenna agitated. Curious.
Comments
Example: https://twitter.com/johnadgrady/status/1692227804975259722?s=20
(Note - I have not done my usual deep-dive on whether the stats are nonsense or not. I am engaged in internet arguments elsewhere this evening).
Great idea Phillip
They'd have failed had they not evacuated the population and people died as a result.
Fires happen, they are a natural part of the environment. If you live in deep woodlands, you need to get used to fires being a risk. You can not control some forces of nature.
Many towns have been evacuated this summer, like every summer, in Canada. My own family living there were evacuated earlier in the year, its something that is planned for - you live in a hamlet in a forest on a mountain, you have to have evacuation plans for when, not if, evacuations get called for.
Hopefully, typically, the risk will pass and the hamlet/town/city will be unscathed and you can return. If your home burns down, that's what insurance is for, and you replace it - but you can't replace people who die if they don't evacuate, so that's why you do.
Same thing
People of generally leftish persuasion probably see someone who still presents a distinction from the Tory government, with big and sustained poll leads and a party that appears mostly united in purpose.
People who may have been on board with the Tory governments but have grown weary or annoyed by it will see someone who looks and sounds like a credible PM, safe and unextreme, but definitely a fresh hand on the tiller even if he might not radically shift the direction. Which for the generally cautious is a good thing, and reinforced by the complaints by those holding a candle for Corbyn.
Also known as testicles
Edit: I have always assumed that the Lib Dems are "green". Is that true?
Overall across the country, losing Corbynistas like BJO to the Greens (many of whom will hold their nose and vote Labour anyway) while gaining disenchanted Tories isn't something that is going to have Starmer crying into his Corn Flakes.
Xi might only be 70, but he's got to be a strong favourite for dictator most likely to die peacefully in bed.
Leaked documents show engineers working to create huge arsenal of aerial weapons capable of swarming Ukrainian targets
https://www.telegraph.co.uk/world-news/2023/08/17/russia-building-iranian-style-attack-drones-shahed-ukraine/ (£££)
After accidentally cutting his throat while shaving that is.
Despite the spread of variant Eris, 12 million fewer people will be offered Covid vaccines on the NHS this winter — but they may be able to buy them
https://www.thetimes.co.uk/article/private-covid-vaccine-booster-uk-symptoms-variant-knp8gbbrw (£££)
The Williams sisters, while absolutely dominating women's tennis, lost back-to-back to 203rd ranked player in the world, Karsten Braasch. (These were easy victories for the German, he won one match 6-1 and the other 6-2.)
And in 2013 someone on Twitter suggested Andy Murray and Serena Williams should play. Serena said: "that would be fun. I doubt I'd win a point, but that would be fun."
I've already pointed out that when Starlizard's team played Brighton, then it was a walkover for Starlizard.
And - by the way - pointing out that one person didn't dominate their event is extraordinarily misleading. If I became a woman (and I have no current plans to do so), then I wouldn't win anything. The point is that there are massive differences in average height, weight, etc., that give male athletes a huge advantage.
Women aren't separated because of the fact they feel like women; they are seperated because being XX results in serious physical disadvantages compared to those born XY.
Topaz Video AI Enhancer is the first computer program I've been excited about for about 15 years. Using the trial version atm.
https://neilchasefilm.com/topaz-video-enhance-ai
https://twitter.com/KlasfeldReports/status/1692308468235911189/photo/1
I note the screenshot shows that 'President Trump' is asking for it - I would really hope that one good thing to come out of his refusal to accept defeat would be americans changing their habit of referring to past elected officials by their most senior formerly held title.
That sort of thing goes well beyond due respect for someone's past service.
Interesting that Bill Barr commented that the documents case really should be able to be done pretty quickly 'if the judge is anywhere competent', but I bet it isn't.
Was a minor-league Al Haig. And is now profiting from being anti-Trump, just as he profited for being pro-Trump.
Exception being Indian reserves and national parks.
For example, heating. When it is cold you need heat to survive, and people will pay more for it until the amount of heat bought is equal to the amount of money offered. When it is warm you do not need heat and demand drops, less money is offered, prices fall.
If people's money is going to service debts, instead of to purchase goods, then even if they have money it is not going to goods, hence deflationary pressures.
There is so much debt in the system nowadays, so much money going to service finance, money chasing money that not as much money is chasing goods.
Lockdown changed that two-fold which brought us out of facing deflation. Firstly the Bank of England printed so much money that the money supply increased far more than it would have. Secondly while locked down and not going on holiday/out/whatever people paid down debts. There was the biggest fall in personal debts in a very long time during lockdown.
So extra inflationary pressures combined with lower deflationary pressures, with pretty explosive results. Then the war happened cutting the supply of goods further and so inflation went even higher.
But debt is still extremely high. So deflationary pressures do still exist, they're just being outweighed at the present moment.
That effectively is the deflationary impact of debt.
Francina Armengol, the candidate proposed by Spain's Socialist party, was on Thursday elected by lawmakers as the parliament's new speaker, a win for Pedro Sánchez in his fight to be re-elected as prime minister."
https://www.thelocal.es/20230817/spains-socialist-candidate-elected-as-parliament-speaker
Sheriff’s office said investigators were working with local, state and federal agencies to track down origins of threats in Fulton county
https://www.theguardian.com/us-news/2023/aug/17/georgia-grand-jurors-information-posted-rightwing-websites
This travel lark can be pleasant...
https://www.theguardian.com/world/2023/aug/17/yellowknife-wildfire-canada-evacuation
"“The reality is we’ve been fighting this fire for over a month. This fire has burned deep, this fire has burned hot, and it has found ways through multiple different sets of established [control] lines,” said the Northwest Territories fire information officer Mike Westwick."
"This summer saw the hottest day ever recorded in the far north of the country when Fort Good Hope – a community about 500 miles north-west of Yellowknife – hit 37.4C (99.3F)."
Evergrande has filed for US bankruptcy. Debt of $300bn is a rather enormous figure.
https://www.bbc.co.uk/news/business-66540785
It’s also Britain’s largest bank.
Tories have been in power for most of this period of decline, please explain.
That is the fundamentally smart way of changing the world for the better.
Not the electric cars it seems.
"After inspecting the damaged ship, he told the local press that between 900 and 1000 of the cars on board appear to be in good condition — including all 498 electric cars."
"The fire probably started in the 8th deck of the 12-deck ship, as that is where the worst damage is. The electric cars were all on decks far below. "
https://cleantechnica.com/2023/08/17/a-ship-carrying-electric-cars-is-on-fire-we-must-run-and-tell-the-king/
UK’s Brexit Is Failing the Premier English Fishing Town of Grimbsy https://www.bloomberg.com/features/2023-brexit-fails-uk-fishing/?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTY5MjMzODc2OCwiZXhwIjoxNjkyOTQzNTY4LCJhcnRpY2xlSWQiOiJSWktKNVdUMEFGQjQwMSIsImJjb25uZWN0SWQiOiJCRjI5Nzg2NUNFREI0M0Q0OUI0NjdBQjIzN0MyQTZFMyJ9.BTxQcHeSLsVhXUB3ujAVqPKt1UxSaW57I4ydt971pgs
If you think prices are falling, you sit in your cash, as it will grow in value.
If you've bought assets with too much debt, things go sour quickly. Forced sellers drive prices down further - vicious spiral.
Banks become less willing (or more unable) to lend, so the contagion spreads.
I remember meeting an enthusiatic if somewhat intoxicated Rangers supporter on a cross-channel ferry and he very happily showed me the flags on various parts of his anatomy. He was particularly proud of the one with the legend 1690 inked below it. He asked me if I knew what the date signified.
However when I suggested it was perhaps the last time Rangers won the Scottish League title he seemed strangely unamused.
Good Week/Bad Week Index
LDm +30
Grn -3
Con -11
Lab -43
https://twitter.com/edwinhayward/status/1692212494570319944?t=zEf0J2-PmIll18419wY9NQ&s=19
https://x.com/shjfrench/status/1689605854457155585?s=46
Arbitrage opportunity, but probably only for yield from dividend paying companies unless it reverses.
I thought one of the reasons for having a target of 2% inflation was that it takes advantage of sticky prices. Firms don't like putting prices up, so low, stable inflation induces them to find ways to produce stuff more cheaply.
Dan Hannan
That might be it. I am not sure even Dom got what he wanted.
And whilst Boris got to be PM, that turned out a bit Monkey's Paw, didn't it?
Polands doing well from a low base. Poland has too small a population to overtake the UK on GDP. And if its GDP per head then it must also overtake France before it overtakes the UK and possibly Germany - so much for Brexit.
As for our young folk moving to Europe its a load of crap since so few of them speak a foreign language, so how are they going to get a job ? Modern language teaching was butchered under Blair so who's teaching you to live in Warsaw ?
I know I bash my fellow English a lot, but until nationally the "we rule the waves" nonsense gets dropped, we're going to continue our long and slow decline. The best thing Starmer could do after becoming PM is hold a mirror up to reality.
O, wad some Power the giftie gie us
To see oursels as others see us!
It wad frae monie a blunder free us,
An' foolish notion.
1. I read his thread and I do not see the basis for the assertion that Trump is struggling in Georgia. Yes, there is the trial but, at this point, that seems to be pretty much factored into the equation. There doesn't look to be any new information in here suggesting Trump is now doing much worse in GA than he was previously - it is still likely to remain very tight.
2. Having looked through what @paulmotty reposts, he does repost a lot of stuff that is anti-Trump but not really anything anti-Biden. That is fine per se but, given he is supposed to be the analyst for Betfair, my distinct impression from his Twitter (sorry X) feed is that he has a strong personal bias that feeds into his public opinions, and that is going to make me take his analysis with a pinch of salt.
Great! So the much bigger much more successful economy is somehow worse than our smaller crappier one because they just dipped into recession and we just stayed out of recession?
They would need to be in a deep recession for a long time and our economy growing like a train for a long time for us to catch up.
Agreed, though inflation (or at least a low amount of it) is also effectively the price for having a functioning monetary system.
https://www.nbcnews.com/news/amp/rcna100239
It’s proper mafia tactics: make a secure conviction impossible by compromising the jury. I hope US justice is able to withstand it better than generations of Italian justice did. So long as the majority of republicans support el capo in this kind of behaviour it’ll continue.