The surprise will be the return of inflation. Probably toward the end of the year. Unfortunately that is going to bring on serious pain for variable rate debt holders, including, in the medium term, some governments.
i was thinking the same. Here comes inflation. Which means buy Swiss bonds, even at a negative rate.
Buy Linkers not Swissies if it’s inflation protection you want
Thankyou.
Where the F do you put money in a pandemic.
I have a hedge via a minority stake in a private synthetic peptide vaccine manufacturer.
But that’s just me.
In my view you worry too much about it. If the world goes to hell money won’t mean anything. If it survives then - with hindsight - the markets are currently oversold
Remember, I come on here to worry, and also kvetch, argue, vex, remonstrate and dissemble.
I'm not like this in real life. Most of my real friends are unaware I am even concerned about coronavirus. I dump it all on you.
Of course you do.
You wouldn’t want anyone who knows where you live to be aware that you have a store of critical supplies when the apocalypse comes
😉
Today I have been seriously considering moving out of London for a few months. Hunker down with relatives in a modestly remote location. Do a Proper Boccaccio.
Make sure they have 3 months of decent food, water, and good wine. Why not? My job means I can do that. And quarantine those I love.
And then the Normalcy Bias in my head kicks in, and says Calm down, this is mad, you don't have to do this, it won't get that bad.
It's hard to know which voice to listen to. The Hysterical Panicking Angel or the Normalcy Bias Demon.
Just chill. Chances are that 99.5% of people without an underlying health condition will be unaffected or at worst survive.
The surprise will be the return of inflation. Probably toward the end of the year. Unfortunately that is going to bring on serious pain for variable rate debt holders, including, in the medium term, some governments.
i was thinking the same. Here comes inflation. Which means buy Swiss bonds, even at a negative rate.
Buy Linkers not Swissies if it’s inflation protection you want
Thankyou.
Where the F do you put money in a pandemic.
I have a hedge via a minority stake in a private synthetic peptide vaccine manufacturer.
But that’s just me.
In my view you worry too much about it. If the world goes to hell money won’t mean anything. If it survives then - with hindsight - the markets are currently oversold
Remember, I come on here to worry, and also kvetch, argue, vex, remonstrate and dissemble.
I'm not like this in real life. Most of my real friends are unaware I am even concerned about coronavirus. I dump it all on you.
Of course you do.
You wouldn’t want anyone who knows where you live to be aware that you have a store of critical supplies when the apocalypse comes
😉
Today I have been seriously considering moving out of London for a few months. Hunker down with relatives in a modestly remote location. Do a Proper Boccaccio.
Make sure they have 3 months of decent food, water, and good wine. Why not? My job means I can do that. And quarantine those I love.
And then the Normalcy Bias in my head kicks in, and says Calm down, this is mad, you don't have to do this, it won't get that bad.
It's hard to know which voice to listen to. The Hysterical Panicking Angel or the Normalcy Bias Demon.
You should probably go and buy extra loo paper though
The answer to every Housing Association's application should be, yes, but could you do a bit more? All road schemes that have been planned but waiting for funds are go. Surely there is some planning done for the northern powerhouse rail, lets start Crossrail 2. Tell the courts to do one and start all the preparatory work for Heathrow approach roads, tunnel for the M25 etc. Really accelerate the creation of electrical charge points and ban diesels from city centres within a couple of years.
Trouble is that demand for housing is - strangely - somehow faltering.
The growth point at Newark has current planning for nearly 9,000 new houses. Around 500 have so far been built and the developers are currently trying to put the whole thing on hold because they can't sell the houses they have built. They are now asking to cut the final number of houses by over 5000, to less than half the original number planned.
The surprise will be the return of inflation. Probably toward the end of the year. Unfortunately that is going to bring on serious pain for variable rate debt holders, including, in the medium term, some governments.
i was thinking the same. Here comes inflation. Which means buy Swiss bonds, even at a negative rate.
Buy Linkers not Swissies if it’s inflation protection you want
Thankyou.
Where the F do you put money in a pandemic.
I have a hedge via a minority stake in a private synthetic peptide vaccine manufacturer.
But that’s just me.
In my view you worry too much about it. If the world goes to hell money won’t mean anything. If it survives then - with hindsight - the markets are currently oversold
Remember, I come on here to worry, and also kvetch, argue, vex, remonstrate and dissemble.
I'm not like this in real life. Most of my real friends are unaware I am even concerned about coronavirus. I dump it all on you.
Of course you do.
You wouldn’t want anyone who knows where you live to be aware that you have a store of critical supplies when the apocalypse comes
😉
Today I have been seriously considering moving out of London for a few months. Hunker down with relatives in a modestly remote location. Do a Proper Boccaccio.
Make sure they have 3 months of decent food, water, and good wine. Why not? My job means I can do that. And quarantine those I love.
And then the Normalcy Bias in my head kicks in, and says Calm down, this is mad, you don't have to do this, it won't get that bad.
It's hard to know which voice to listen to. The Hysterical Panicking Angel or the Normalcy Bias Demon.
Do people in the South-East not realise that water comes out of a tap ?
The surprise will be the return of inflation. Probably toward the end of the year. Unfortunately that is going to bring on serious pain for variable rate debt holders, including, in the medium term, some governments.
i was thinking the same. Here comes inflation. Which means buy Swiss bonds, even at a negative rate.
Buy Linkers not Swissies if it’s inflation protection you want
Thankyou.
Where the F do you put money in a pandemic.
I have a hedge via a minority stake in a private synthetic peptide vaccine manufacturer.
But that’s just me.
In my view you worry too much about it. If the world goes to hell money won’t mean anything. If it survives then - with hindsight - the markets are currently oversold
Remember, I come on here to worry, and also kvetch, argue, vex, remonstrate and dissemble.
I'm not like this in real life. Most of my real friends are unaware I am even concerned about coronavirus. I dump it all on you.
Of course you do.
You wouldn’t want anyone who knows where you live to be aware that you have a store of critical supplies when the apocalypse comes
😉
Today I have been seriously considering moving out of London for a few months. Hunker down with relatives in a modestly remote location. Do a Proper Boccaccio.
Make sure they have 3 months of decent food, water, and good wine. Why not? My job means I can do that. And quarantine those I love.
And then the Normalcy Bias in my head kicks in, and says Calm down, this is mad, you don't have to do this, it won't get that bad.
It's hard to know which voice to listen to. The Hysterical Panicking Angel or the Normalcy Bias Demon.
Just chill. Chances are that 99.5% of people without an underlying health condition will be unaffected or at worst survive.
The real impact for most is going to be economic.
You do understand the ripple effect of thousands of people who are critically ill?
That, for me, is the big worry.
Also, I have VERY close, young relatives with underlying conditions that would be severely imperilled by coronavirus. I have to think about them as well. I am thinking about them.
Generally no point in worrying about something you cannot influence.
Given there are 8 cases of Covid-19 in British Columbia, three times the rate of the UK, will Harry & Meghan reverse Megxit? And what are they doing leaving Archie there while they bolt to London?
On topic - talking to a friend, his company is in the process of binning someone for being a Remainer of a certain... enthusiasm.
Apparently this person was in the habit pushing the topic of Brexit into every conversation and taking it ill if the answer was not an enthusiastic endorsement of Remain. Politely declining to comment was taken as being Nigel Farage.
Finally things came to a head when the subject of the.... "enquiry" was quite senior. It turned out that said Remainer had been in the habit of registering complaints with HR about anyone who didn't show enough enthusiasm for Europe - and even digging into people's personal social media to try and smell out the Evil Ones. The complaints were apparently of the form that anyone not ProEu is an evil racist xenophobe who creates a hostile working environment just by being there.
Perhaps unsurprisingly, many. many complaints had been registered about this person.
Fired last week....
Could be any number of PB commenters.
I find this reminds me of the comment that a Conservative is a Liberal who has been mugged. Everyone is OK with Cancel Culture until they get Cancelled.
I would suggest that the esteemed gentlemen who wrote the header for this thread should widen his reading.
Yeah, like I have never experienced hostility for expressing my views...
Okay, the idea of the oppressed right-winger is certainly a myth. As someone who is firmly in the liberal left corner of the political compass, I would say that.
However, the article builds a strawman using an idiot like Toby Young and some extreme hypothetical examples. There is a genuine problem, among both social liberals and social conservatives (it's not a left/right thing), of a disproportionate response to contrary views. People are being no-platformed for much much milder things than supporting child pornography. The behaviour of twitter mobs is, in many cases, bullying. It is childish to call people snowflakes for pointing this out.
It is a wrong instinct that many people who share most of my political views have to try to silence opposing views. It is also a wrong instinct when it comes from social conservatives. However, I object to it more strongly from my own side, because it's not just morally wrong - it's also counter-productive. If we'd got rid of these kneejerk reactions 10 years ago, I think we'd still be in the EU, and Hillary Clinton would be POTUS.
Well said, and probably true re the EU and Hillary Clinton.
Personally I think it is a terrible shame and intellectually dishonest when people use the worst example of, or argument from, an opponent to illustrate a point
But isn't he just getting in the way of the people doing their job when he could stay away and be told all he needs to know by one of his ministers? I mean he's not actually helping by going down there is he?
The surprise will be the return of inflation. Probably toward the end of the year. Unfortunately that is going to bring on serious pain for variable rate debt holders, including, in the medium term, some governments.
i was thinking the same. Here comes inflation. Which means buy Swiss bonds, even at a negative rate.
Buy Linkers not Swissies if it’s inflation protection you want
Thankyou.
Where the F do you put money in a pandemic.
I have a hedge via a minority stake in a private synthetic peptide vaccine manufacturer.
But that’s just me.
In my view you worry too much about it. If the world goes to hell money won’t mean anything. If it survives then - with hindsight - the markets are currently oversold
Remember, I come on here to worry, and also kvetch, argue, vex, remonstrate and dissemble.
I'm not like this in real life. Most of my real friends are unaware I am even concerned about coronavirus. I dump it all on you.
Of course you do.
You wouldn’t want anyone who knows where you live to be aware that you have a store of critical supplies when the apocalypse comes
😉
Today I have been seriously considering moving out of London for a few months. Hunker down with relatives in a modestly remote location. Do a Proper Boccaccio.
Make sure they have 3 months of decent food, water, and good wine. Why not? My job means I can do that. And quarantine those I love.
And then the Normalcy Bias in my head kicks in, and says Calm down, this is mad, you don't have to do this, it won't get that bad.
It's hard to know which voice to listen to. The Hysterical Panicking Angel or the Normalcy Bias Demon.
Do people in the South-East not realise that water comes out of a tap ?
Hey, if you're gonna be a prepper, you might as well be the full-on I-can-see-through-a-nuclear-winter prepper.
Protect and Survive.
Lol... Protect and Survive - who'd want to survive a nuclear holocaust?
The answer to every Housing Association's application should be, yes, but could you do a bit more? All road schemes that have been planned but waiting for funds are go. Surely there is some planning done for the northern powerhouse rail, lets start Crossrail 2. Tell the courts to do one and start all the preparatory work for Heathrow approach roads, tunnel for the M25 etc. Really accelerate the creation of electrical charge points and ban diesels from city centres within a couple of years.
Trouble is that demand for housing is - strangely - somehow faltering.
The growth point at Newark has current planning for nearly 9,000 new houses. Around 500 have so far been built and the developers are currently trying to put the whole thing on hold because they can't sell the houses they have built. They are now asking to cut the final number of houses by over 5000, to less than half the original number planned.
I have no idea why this is happening but it is.
So much housing has been built around Leics over the last few years that I think the market saturated here, but interesting to hear from Newark.
Private practice has been quiet for months, that is another leading indicator for a troubled economy.
Ex-customers of mine in the advertising and publishing business are struggling. Some web developers I know have had projects put on hold and other work re-costed.
It was like that at some months before the slowdown in 2008
Yes, advertising is so easy to cut back on, just keep last years campaign going another year.
Worth noting that the East Midlands was second to London in the recent ONS regional growth figures.
The surprise will be the return of inflation. Probably toward the end of the year. Unfortunately that is going to bring on serious pain for variable rate debt holders, including, in the medium term, some governments.
i was thinking the same. Here comes inflation. Which means buy Swiss bonds, even at a negative rate.
Buy Linkers not Swissies if it’s inflation protection you want
Thankyou.
Where the F do you put money in a pandemic.
I have a hedge via a minority stake in a private synthetic peptide vaccine manufacturer.
But that’s just me.
In my view you worry too much about it. If the world goes to hell money won’t mean anything. If it survives then - with hindsight - the markets are currently oversold
Remember, I come on here to worry, and also kvetch, argue, vex, remonstrate and dissemble.
I'm not like this in real life. Most of my real friends are unaware I am even concerned about coronavirus. I dump it all on you.
Of course you do.
You wouldn’t want anyone who knows where you live to be aware that you have a store of critical supplies when the apocalypse comes
😉
Today I have been seriously considering moving out of London for a few months. Hunker down with relatives in a modestly remote location. Do a Proper Boccaccio.
Make sure they have 3 months of decent food, water, and good wine. Why not? My job means I can do that. And quarantine those I love.
And then the Normalcy Bias in my head kicks in, and says Calm down, this is mad, you don't have to do this, it won't get that bad.
It's hard to know which voice to listen to. The Hysterical Panicking Angel or the Normalcy Bias Demon.
Just chill. Chances are that 99.5% of people without an underlying health condition will be unaffected or at worst survive.
The real impact for most is going to be economic.
You do understand the ripple effect of thousands of people who are critically ill?
That, for me, is the big worry.
Also, I have VERY close, young relatives with underlying conditions that would be severely imperilled by coronavirus. I have to think about them as well. I am thinking about them.
Generally no point in worrying about something you cannot influence.
Yeah, where did that guy go who was in here a while back saying as since we’re all going to get the virus anyway, we may as well chill?
But isn't he just getting in the way of the people doing their job when he could stay away and be told all he needs to know by one of his ministers? I mean he's not actually helping by going down there is he?
Politicians can't win in these situations. Don't do the appearance and you have the opposition and the media constantly counting out how many days since you haven't, do a PR and everybody complains it is just a PR and you are getting in the way.
For road transport - "game over, man" - electric vehicles have won.
Carbon capture is one of those things where if the tech does a jump (which it might), you could see a big price drop. Say about a 20% probability in the next decade.
The next thing coming down the road is electrical storage, closely followed by what to do with domestic heating.
Adding hydrogen to the natural gas network is a bit yikes for me. Imagine finding out the fun way that you have caused hydrogen embrittlement in 5 million domestic boilers? Again, I think electric will win here.
On storage - we have got to the point where Li-ion storage has dropped to the point that Dinorwig can be replicated for less than £2.5Bn. A price which will keep on falling.
Hydrogen is going to be primarily used for haulage and especially in rural areas to power agricultural vehicles (tractors, combines). But the issue then is the source for the zero-carbon power to create that hydrogen.
Hydrogen in vehicles is a solution that has been overtaken. Liquid hydrogen is way too much fun and pressurising it is ridiculous. Note how Hydrogen powered vehicles have been next year - for 20 years.
Haulage is already heading for electric - see Tesla, Volvo etc.
As to remote, rural areas - easiest to dump electricity from the wind turbines etc into a local mega storage system... One ISO container = 3Mwh of storage.... plug in your combine when you need a charge...
You miss my point. I CAN influence this, I am in a position where I am able to move myself, and those I love, out of London for a few months,
Should I do it?
Big cities are not great places to be in times of plague. That's established. Self quarantining also works, that too is established.
But then the critical voice kicks in, and says: stop being a big girl's blouse, it won't be that serious. And yet all the maths says it Will be that serious.
Meh. F*ck knows.
Well, you always run the risk you already have it and then spread it to your loved ones.
I think if you generally think you can self isolate yourself away for the next 3-6 months, I would do it now, because the number of cases will only continue to rise and you will be totally uncertain if you have come into contact with it.
But can you really isolate yourself for that long?
Interesting thoughts on here about what the government should do to support the economy in the face of the seemingly inevitable receession/crash/slump.
Reassuring to know that Cimmings and his team of superforecasters will be well on top of this (!).
These are the same geniuses who just suggested that the UK doesn’t need farmers or fishing, remember.
Interesting thoughts on here about what the government should do to support the economy in the face of the seemingly inevitable receession/crash/slump.
Reassuring to know that Cimmings and his team of superforecasters will be well on top of this (!).
These are the same geniuses who just suggested that the UK doesn’t need farmers or fishing, remember.
You miss my point. I CAN influence this, I am in a position where I am able to move myself, and those I love, out of London for a few months,
Should I do it?
Big cities are not great places to be in times of plague. That's established. Self quarantining also works, that too is established.
But then the critical voice kicks in, and says: stop being a big girl's blouse, it won't be that serious. And yet all the maths says it Will be that serious.
Meh. F*ck knows.
Well, you always run the risk you already have it and then spread it to your loved ones.
I think if you generally think you can self isolate yourself away for the next 3-6 months, I would do it now, because the number of cases will only continue to rise and you will be totally uncertain if you have come into contact with it.
But can you really isolate yourself for that long?
It's not going to help with his travel writing commissions is it?
The surprise will be the return of inflation. Probably toward the end of the year. Unfortunately that is going to bring on serious pain for variable rate debt holders, including, in the medium term, some governments.
i was thinking the same. Here comes inflation. Which means buy Swiss bonds, even at a negative rate.
Buy Linkers not Swissies if it’s inflation protection you want
Thankyou.
Where the F do you put money in a pandemic.
I have a hedge via a minority stake in a private synthetic peptide vaccine manufacturer.
But that’s just me.
In my view you worry too much about it. If the world goes to hell money won’t mean anything. If it survives then - with hindsight - the markets are currently oversold
Remember, I come on here to worry, and also kvetch, argue, vex, remonstrate and dissemble.
I'm not like this in real life. Most of my real friends are unaware I am even concerned about coronavirus. I dump it all on you.
Of course you do.
You wouldn’t want anyone who knows where you live to be aware that you have a store of critical supplies when the apocalypse comes
😉
Today I have beennicking Angel or the Normalcy Bias Demon.
Just chill. Chances are that 99.5% of people without an underlying health condition will be unaffected or at worst survive.
The real impact for most is going to be economic.
You do understand the ripple effect of thousands of people who are critically ill?
That, for me, is the big worry.
Also, I have VERY close, young relatives with underlying conditions that would be severely imperilled by coronavirus. I have to think about them as well. I am thinking about them.
Generally no point in worrying about something you cannot influence.
You miss my point. I CAN influence this, I am in a position where I am able to move myself, and those I love, out of London for a few months,
Should I do it?
Big cities are not great places to be in times of plague. That's established. Self quarantining also works, that too is established.
But then the critical voice kicks in, and says: stop being a big girl's blouse, it won't be that serious. And yet all the maths says it Will be that serious.
Meh. F*ck knows.
Losing your critical voice appears to be one of the first symptoms.
On topic - talking to a friend, his company is in the process of binning someone for being a Remainer of a certain... enthusiasm.
Apparently this person was in the habit pushing the topic of Brexit into every conversation and taking it ill if the answer was not an enthusiastic endorsement of Remain. Politely declining to comment was taken as being Nigel Farage.
Finally things came to a head when the subject of the.... "enquiry" was quite senior. It turned out that said Remainer had been in the habit of registering complaints with HR about anyone who didn't show enough enthusiasm for Europe - and even digging into people's personal social media to try and smell out the Evil Ones. The complaints were apparently of the form that anyone not ProEu is an evil racist xenophobe who creates a hostile working environment just by being there.
Perhaps unsurprisingly, many. many complaints had been registered about this person.
Fired last week....
Could be any number of PB commenters.
I find this reminds me of the comment that a Conservative is a Liberal who has been mugged. Everyone is OK with Cancel Culture until they get Cancelled.
I would suggest that the esteemed gentlemen who wrote the header for this thread should widen his reading.
Yeah, like I have never experienced hostility for expressing my views...
No one has tried to stop you from giving your opinions though, in fact I make sure to read all of your headers because they challenge my own points of view.
But isn't he just getting in the way of the people doing their job when he could stay away and be told all he needs to know by one of his ministers? I mean he's not actually helping by going down there is he?
Politicians can't win in these situations. Don't do the appearance and you have the opposition and the media constantly counting out how many days since you haven't, do a PR and everybody complains it is just a PR and you are getting in the way.
Oh I agree. I think Boris was actually right to not go visit the flood victims. I just think a Labour PM doing the same thing would have been vilified.
The answer to every Housing Association's application should be, yes, but could you do a bit more? All road schemes that have been planned but waiting for funds are go. Surely there is some planning done for the northern powerhouse rail, lets start Crossrail 2. Tell the courts to do one and start all the preparatory work for Heathrow approach roads, tunnel for the M25 etc. Really accelerate the creation of electrical charge points and ban diesels from city centres within a couple of years.
Trouble is that demand for housing is - strangely - somehow faltering.
The growth point at Newark has current planning for nearly 9,000 new houses. Around 500 have so far been built and the developers are currently trying to put the whole thing on hold because they can't sell the houses they have built. They are now asking to cut the final number of houses by over 5000, to less than half the original number planned.
I have no idea why this is happening but it is.
Maybe if they reduced the prices?
Quite possibly. I know only the bare details from the local rag.
End of day figure 81, I would look to Italy for a model of how this could develop. As I keep saying it’s not the virus itself that is the problem it is the way it sucks resource out of health services and the economics. Also there are other things happening in the world which are now don the news agenda and may be missed. This will be a great test of wether the governments across Europe are fit for purpose, the jury is out but we can only wait and see
Comments
The real impact for most is going to be economic.
Worth noting that the East Midlands was second to London in the recent ONS regional growth figures.
Haulage is already heading for electric - see Tesla, Volvo etc.
As to remote, rural areas - easiest to dump electricity from the wind turbines etc into a local mega storage system... One ISO container = 3Mwh of storage.... plug in your combine when you need a charge...
I think if you generally think you can self isolate yourself away for the next 3-6 months, I would do it now, because the number of cases will only continue to rise and you will be totally uncertain if you have come into contact with it.
But can you really isolate yourself for that long?
https://twitter.com/nytimes/status/1234254306829881345?s=20