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Post by auntieannie on Jun 30, 2023 11:08:27 GMT 2
Figel Narage stirring the situation he almost single-handedly contributed to creaate and complaining endlessly about it. This guy is impervious to shame.
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Post by Baz Faz on Jun 30, 2023 12:12:42 GMT 2
Annie, I think you will be interested in this from this morning's Times:
Nigel Farage has been told by his bank that it is shutting down all his accounts, after claims in the House of Commons that he had received more than half a million pounds in payments from the Russian broadcaster RT.
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Post by auntieannie on Jun 30, 2023 20:11:11 GMT 2
that's a similar headline that got me to post the above. except in the headline I saw, he says no bank will allow him to open a bank account, this country has become unlivable, and there's nothing wrong with his money.
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Post by slowcoach on Jul 18, 2023 13:27:40 GMT 2
The UK inflation data for June is due out tomorrow. The rumour mill is on holiday, With the exception of those who have had a sneak preview I expect everyone's guess is a good as another's. It could go down,below 8% which would be a welcome encouragement for many, or much more likely it won't change much. If it goes up and if it tops 9% it will be a justification for desperation, for despair. ETA: My guess is that it won't change much staying between 8.5% - 9%. Confidence interval? There is no confidence. FWIW: It is getting difficult to find an economist who isn't backtracking. And the Bank of England has asked a neural network if it has any insights. (I read the BoE blog. )
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Post by tzarine on Jul 18, 2023 20:25:13 GMT 2
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Post by slowcoach on Jul 19, 2023 11:25:21 GMT 2
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Post by tzarine on Jul 22, 2023 21:24:04 GMT 2
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Post by slowcoach on Jul 23, 2023 12:14:29 GMT 2
Is there a specific term to describe death by selfie?
Darwination?
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Post by tzarine on Jul 23, 2023 19:50:45 GMT 2
Is there a specific term to describe death by selfie? Darwination? absolutely there are lots of stupid moron tourists around if i dont get this on my insta, i didn't go selfie deaths are uniquely assinine
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Post by slowcoach on Jul 28, 2023 12:17:32 GMT 2
This is a moan!
Media hyperbole when covering weather and climate doesn't help.
Meanwhile ppeople venture out and discover that it is cold, wet, miserable, and blowing a gale, so they hunker down to watch pundits inform them that the world is on fire and other sources tell them that the heatwave is fake.
And that many/most of the Mediterranean wildfires were started deliberately (may well be true) and that the European wildfire season has been relatively quiet so far (particularly in areas that got a lot of rain in May and June).
We just had someone from the UK asking how we are coping, with the meltdown.
It has been very hot over the Med. and in many other places.
Globally averaged temperatures are at record highs, the Antarctic sea ice at record lows, parts of the Atlantic are seeing record highs..
But we were primed to expect temperature records to tumble across Southern Europe and did it happen? If it did, I missed it.
It seems like news outlets, and some national ans regional authorities had invested much in there being a crisis and where determined to get their money's worth.
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Post by Voy on Jul 28, 2023 13:35:39 GMT 2
Annie said: Figel Narage stirring the situation he almost single-handedly contributed to creaate and complaining endlessly about it. This guy is impervious to shame. I just saw that : IDRIS ELBA CAST AS NIGEL FARAGE IN MOVIE ABOUT ...
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Post by slowcoach on Aug 3, 2023 13:58:03 GMT 2
There is an opportunity for a lesson to be learned, and I guess it is being learned.
In the UK and also elsewhere households are finding they are paying more for less and in the case of energy bills much, much more. At the same time they are witnessing energy companies making bigger profits. Households with mortgaged properties are paying much more for the benefit of a roof overhead and the banks are making bigger profits.
There is an enormous transfer of wealth from those who have relatively little to those that have an abundance, the corporations and their shareholders. The authorities say that they are forcing up interest rates precisely to reduce the amount of money people have to spend. But that money doesn't disappear, it is transferred to others. It is certainly not being transferred to domestic savers.
It is also possible that it is all in vain. There are a lot of households that amassed unintended savings during the pandemic, somethin like 200 billion pounds worth. To hold onto that money on deposit earning a pittance whilst it is losing value at a prodigious rate due to inflation is madness. If they see some good or service they want they would do well to buy it now rather than wait for it go up in price.
Government saving accounts and saving bonds once used to produce in some cases real returns,e.g index linked bonds paying above the current inflation rate. These schemes are no longer available to new savers but are an ongoing benefit to those who have maintained old index linked accounts. Putting up government term saving rates to something at or above bank base rate might just encourage people to hold on to unneeded savings.
I note that it is not in the interest of government for people to learn lessons. What I find disappointing is that politicians of all persuasions seem determined to mislead the public. The little wealth of the poor is being transferred to those that have much at a rate much greater than is normal, and more than is sustainable other than as normalised widespread misery.
FWIW, in my opinion much of the rise in hatred (racism, etc.) was due to people's sense of stagnation, that tomorrow won't be better than today. We must wait to see how this will develop when once it is clear that for the many the future will be worse than the past. vernem
ETA:
The government will tell you that they are facing horrendous borrowing costs.
There is a technical term for this: Bollox
They have and continue to borrow at rates below the inflation rate, this is sometimes called free money. When they come to pay it back it will be worth much less than did when they borrowed it. Interestingly mortgage rates are also below inflation rates and importantly below wage inflation rates in many sectors, for some borrowing more now and making a major purchase early could also be a real benefit in cash terms as well as having it sooner. Another incentive that will tend to maintain high inflation rates.
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Post by slowcoach on Aug 17, 2023 13:29:31 GMT 2
Yesterday we were informed that the inflation rate, the year on year change of the Consumer Price Index (CPI) stands at 6.8%.
On the other hand the CPI fell from June to July and also from May to July. I.E. the cost of living, in the short term at least, is going down, not up. I.E: Deflation!
Why does this small ray of brighter news seem unworthy of a mention?
The line is that inflation is still rising but at a slightly slower pace, isn't true, for the moment at least.
It may, probably will, revert to increasing but just for now it isn't.
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Post by Netsuke on Aug 23, 2023 18:43:06 GMT 2
I’m in the state of Victoria.
HTH
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Post by tzarine on Aug 23, 2023 20:28:20 GMT 2
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Post by Voy on Aug 24, 2023 1:32:54 GMT 2
^ after googling it... totally agree !
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Post by slowcoach on Aug 24, 2023 10:35:47 GMT 2
^ after googling it... totally agree ! Reading the Wikipedia entry for Lin Biao I noticed that the aircraft involved was a Hawker Siddeley Trident, an aircraft I had forget about even though it was the first I ever flew on and subsequently my first landing experience which was at Linate (Milano). The Trident had an alarming capability: I was none the wiser which was probably a good thing. The plane rapidly lost airspeed and then lift before hitting the deck. Legend has it that Linate's landing charges depended on how long you were on the runway and how early you turned off. So such attempts to park the plane while still airborne were routine. The initial jolt and engine roar were tremendous as was the landing thud. It seems that this manoeuvre is made credible by all three engines being mounted at the rear of the fuselage. I've now remembered two more things: my return flight was struck by lightning on approach to Heathrow, and that I have regaled you with all this twaddle at least once before.
Wagner own two examples of Embraer Legacy 6xx Business Jets, and each took off from a Moscow airport seemingly bound for Saint Petersburg, the first (RA_02795) suffered a loss of separation with the ground, at which point the second (RA_02748) returned to Moscow and landed before journeying on to Saint Petersburg. I have seen no reports as to who was on the second plane.
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Post by slowcoach on Aug 25, 2023 13:26:33 GMT 2
For those in the UK unable to afford their electricity bills, perhaps you might like to know this: From the same Ofgem people who set the prices you pay, To summarise, they schedule afternoon downtime on their thermal generation plants, knowing that it would cause the lights to go out in the early evening, and they also offer not to do so provided they are paid at a much higher rate for the electricity. Instead of around 20p/kWh, they offer electricity at perhaps 600p/kWh. The power plants aren't shutdown, the lights stay on, and they get to rob the national piggy bank. And I believe not just them. During the imperilled period all electricity supplied is paid for at the higher rate, even to suppliers such as nuclear power generators who cannot help but supply power on a monotonous basis.
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Post by tzarine on Aug 25, 2023 17:09:00 GMT 2
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