You know bank shares are listed on the stock exchange?No.
The £300 they are lending out doesn’t exist.
A saver deposits £10 in their bank account, which they bank might pay them 2.5% interest on….so 25p a year.
That £10 deposit allows the bank under the terms of their licence to lend out that same money to 10 different people, a total sum of £100. They would then charge 5% interest to those customers, netting them 50p per customer, and a total of £5 for their trouble.
Multiple that up into the billions, and that’s how banks are making their money. 90% of what they lend out doesn’t exist or belong to anyone….it’s just “invented”.
Looks more Scouse. 80's Scouse at that.South Yorks you say.
Suddenly had an image of girls like Pauline Calf, who you probably couldn't take home to your Mother, pop into my head...
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You would be out of breath stuck in Derbyshire.As north Lincs #1 fanny magnet already, adding sheep could extend my range to south Yorks....
Interesting. If I bump into Heather Moors, I'll ask to see the pink.You would be out of breath stuck in Derbyshire.
Yes I know you are not too far from arable South Yorkshire, but a long way from the pink heather moors.
Interesting. If I bump into Heather Moors, I'll ask to see the pink.
Meanwhile imports fly in, utterly disgraceful, I thought £5/t knock for non RT feed was bad enough.£60 ton deduction for non rt milling wheat today
What's the alternative scheme I can join ,I assume rt isn't a monopoly hmmMeanwhile imports fly in, utterly disgraceful, I thought £5/t knock for non RT feed was bad enough.
All because of our friendly little Union. It’s disgusting
£1750 lorry load for want of a sticker. Sigh.
But what is happening is they have almost turned the raw material into intellectual property
But what is happening is they have almost turned the raw material into intellectual property
In other words it will suposedly go as feed!?£60 ton deduction for non rt milling wheat today
So effectively we can’t sell it without the sticker but the logo Can’t be used on the end product.Until that commodity hits the flour mill, bakery and is packaged as a load of bread....at which time the Red Tractor logo is nowhere to be see.
So effectively we can’t sell it without the sticker but the logo Can’t be used on the end product.
How the hell have we allowed this to happen?
So effectively we can’t sell it without the sticker but the logo Can’t be used on the end product.
How the hell have we allowed this to happen?
Exactly that.
The seed breeders have the IP on the varieties we grow so we owe them royalties for each tonne if we were to plant any home saved seed.....but this is 1000x worse given it's just a globally traded generic unbranded commodity.