At what point will U.K. become Bankrupt???

le bon paysan · Jan 19, 2021

caveman said:
Yeah.
Its all fake shite from you.

Some more facts that you won't like

2500 Jobs, 170 Billion Euros moved to Paris so far!

Brexit Finance Shift to France to Accelerate, Central Bank Says

The shift of jobs and assets to Paris after Brexit will accelerate this year, providing Europe with an opportunity to strengthen its own financial infrastructure, according to Bank of France Governor Francois Villeroy de Galhau.

www.bloomberg.com

caveman · Jan 19, 2021

le bon paysan said:
Some more facts that you won't like
2500 Jobs, 170 Billion Euros moved to Paris so far!

Brexit Finance Shift to France to Accelerate, Central Bank Says

The shift of jobs and assets to Paris after Brexit will accelerate this year, providing Europe with an opportunity to strengthen its own financial infrastructure, according to Bank of France Governor Francois Villeroy de Galhau.

www.bloomberg.com

Thats excellent.
Washed up old fekkers making room for newcomers into London.

le bon paysan · Jan 19, 2021

Danllan said:
You're posting a lot of stuff trying to run down the UK, still, even post-Brexit; does it still hurt that much?

Changing the subject entirely... your fellow Macron is polling far lower in France than Boris and Co. are over here; so how are things in France? I suppose that, after all, it's part of EUtopia so everything must be nigh on perfect. Tell us about the sweeping successes, economic and social, over there in your part of Europe, won't you? There must be so much for us poor insular types to learn.

Doesn't hurt me, but you want everyone to ignore the lies and damage.
See above

Cowabunga · Jan 19, 2021

Muck Spreader said:
I take this is tongue in cheek or you really believe that the BOE is an island without political interference.

The BOE is set goals by politicians after consultations as to inflation targets and borrowing. There is nothing worse than deflation so they avoid that at all costs, basically by both increasing the money supply and by lowering interest rates. Inflation has been very very low in recent years, if not decades, but you can bet your life that if it threatened to go over targets then the BOE would decrease money supply and increase interest costs to compensate. The last Governor, Mr Carney, was outstanding at doing this and only a hint from him that interest rates would have to rise, steadied the markets and avoided him having to take much action at all. He was the best of skilled Governors, there is no doubt about that. He spoke and people listened.

oil barron · Jan 19, 2021

le bon paysan said:
View attachment 935130

How do you think the top 5 richest people in America voted ?

yin ewe · Jan 19, 2021

le bon paysan said:
30 sailings on 3 routes by 4 companies to our closest neighbour. # Brexit Buster!
Irish embassy ,Paris.
View attachment 935115

Can I ask what this has to do with the UK becoming bankrupt or did you mean to post it in another thread?

Tubbylew · Jan 19, 2021

Idiot's Guide to Money

I think my brain is too small to follow this; https://www.nakedcapitalism.com/2020/12/macroeconomics-money-mmt-style-and-post-brexit-recovery-all-in-one-twitter-thread.html

thefarmingforum.co.uk

Very interesting article posted a while back, worth a read.

le bon paysan · Jan 20, 2021

yin ewe said:
Can I ask what this has to do with the UK becoming bankrupt or did you mean to post it in another thread?

This is a hell of a lot of the trade that used to go over the uk land bridge. That's more jobs and services being lost.

25% of a Macclesfield cheese makers business has just been lost as the uk government didn't ask for direct sales (uk to the EU) to be included in the trade deal. FFS!
Think about that!
The uk government did not ask for direct sales to be included!!!!

You might start to wonder what else hasn't been asked for.
Oh, and by the way, EU to uk direct sales were included! Why? Because the EU asked for them.
It doesn't matter how you voted , you can't be happy about that !

le bon paysan · Jan 20, 2021

oil barron said:
How do you think the top 5 richest people in America voted ?

Bet I know who the Koch bros voted for.

oil barron · Jan 20, 2021

le bon paysan said:
Bet I know who the Koch bros voted for.

Pfft. Not even top 10. And net worth went down in 2020.

Farm buy · Jan 20, 2021

ifindoubtflatout said:
If this Covid goes on for years with cycles of lockdown, vaccination, new variant, lockdown etc and the Govt keeps shelling money out

at what point would U.K. become Bankrupt
And if that point was reached what happens then ???

It wont , the whole world is in this mess.

ollie989898 · Jan 20, 2021

oil barron said:
How do you think the top 5 richest people in America voted ?

What difference does that make though?

oil barron · Jan 20, 2021

ollie989898 said:
What difference does that make though?

The insinuation of the meme posted by the member of the house from peasantville, was that the Republicans party is the party of robber Barron’s and stupid bigot poor people, too thick to realize they are being taken advantage of. The reality is if your digging coal or running a drilling rig in America as an employee your making 6 figures and the leaders of those companies are seeing their fortunes being eroded. Meanwhile Zuckerburg, Bezos and co continue to pump money into the globalist party so they can get Chinese kids to do their work and increas their fortunes exponentially.

the only top 5’r not a raging democrat is musk. Who built a company around hard work and rewards every employee down to the janitorial staff with share options.

ollie989898 · Jan 20, 2021

oil barron said:
The insinuation of the meme posted by the member of the house from peasantville, was that the Republicans party is the party of robber Barron’s and stupid bigot poor people, too thick to realize they are being taken advantage of. The reality is if your digging coal or running a drilling rig in America as an employee your making 6 figures and the leaders of those companies are seeing their fortunes being eroded. Meanwhile Zuckerburg, Bezos and co continue to pump money into the globalist party so they can get Chinese kids to do their work and increas their fortunes exponentially.

the only top 5’r not a raging democrat is musk. Who built a company around hard work and rewards every employee down to the janitorial staff with share options.

Sorry but I'm not sure any of the names you mentioned would concern me a jot and certainly are not weathervanes for anything that would affect the way I might vote. Musk? Come off it, the bloke is 1 part substance and 9 parts myth.

Globalism is the new field of opportunity. In case you didn't notice, oil and coal are yesterday's news and becoming ever less popular- it's no surprise that the owners of such enterprises are seeing their fortunes eroded; just as the men who used to manufacture horseshoes experienced the same. Yes, companies are making huge profits out of Chinese (and fudge loads of other countries') citizens, but those Chinese citizens are growing wealthier and wealthier with every passing day to the point that many of them are approaching Western levels of consumerism if they are not there already. There is money to be made selling them things just as there are paying them to assemble or design things.

If you need any more evidence that Big oil is dying then check out the Gulf states who are scrabbling around to get into nuclear power, tourism or other industries to diversify their economies because they have realised the game is up.

It's important that the economies around the world level up, tech up and wise up because it won't be many decades before population growth stabilises, slows and then begins to decline. It's effectively happening in many countries already.

And lastly, you can have a 6 figure salary and still be ridiculously thick or poor.

oil barron · Jan 20, 2021

ollie989898 said:
Sorry but I'm not sure any of the names you mentioned would concern me a jot and certainly are not weathervanes for anything that would affect the way I might vote. Musk? Come off it, the bloke is 1 part substance and 9 parts myth.

Globalism is the new field of opportunity. In case you didn't notice, oil and coal are yesterday's news and becoming ever less popular- it's no surprise that the owners of such enterprises are seeing their fortunes eroded; just as the men who used to manufacture horseshoes experienced the same. Yes, companies are making huge profits out of Chinese (and fudge loads of other countries') citizens, but those Chinese citizens are growing wealthier and wealthier with every passing day to the point that many of them are approaching Western levels of consumerism if they are not there already. There is money to be made selling them things just as there are paying them to assemble or design things.

If you need any more evidence that Big oil is dying then check out the Gulf states who are scrabbling around to get into nuclear power, tourism or other industries to diversify their economies because they have realised the game is up.

It's important that the economies around the world level up, tech up and wise up because it won't be many decades before population growth stabilises, slows and then begins to decline. It's effectively happening in many countries already.

And lastly, you can have a 6 figure salary and still be ridiculously thick or poor.

You sh1t the bed?

ollie989898 · Jan 20, 2021

oil barron said:
You sh1t the bed?

Not that I know of. Have you?

oil barron · Jan 20, 2021

ollie989898 said:
Not that I know of. Have you?

Not yet. It’s only supper time here

Roger Perry · Jan 20, 2021

ollie989898 said:
Sorry but I'm not sure any of the names you mentioned would concern me a jot and certainly are not weathervanes for anything that would affect the way I might vote. Musk? Come off it, the bloke is 1 part substance and 9 parts myth.

Globalism is the new field of opportunity. In case you didn't notice, oil and coal are yesterday's news and becoming ever less popular- it's no surprise that the owners of such enterprises are seeing their fortunes eroded; just as the men who used to manufacture horseshoes experienced the same. Yes, companies are making huge profits out of Chinese (and fudge loads of other countries') citizens, but those Chinese citizens are growing wealthier and wealthier with every passing day to the point that many of them are approaching Western levels of consumerism if they are not there already. There is money to be made selling them things just as there are paying them to assemble or design things.

If you need any more evidence that Big oil is dying then check out the Gulf states who are scrabbling around to get into nuclear power, tourism or other industries to diversify their economies because they have realised the game is up.

It's important that the economies around the world level up, tech up and wise up because it won't be many decades before population growth stabilises, slows and then begins to decline. It's effectively happening in many countries already.

And lastly, you can have a 6 figure salary and still be ridiculously thick or poor.

Elon must be doing something right, he recently became the richest person on earth............or maybe thats' a myth too..?

oil barron · Jan 20, 2021

ollie989898 said:
Sorry but I'm not sure any of the names you mentioned would concern me a jot and certainly are not weathervanes for anything that would affect the way I might vote. Musk? Come off it, the bloke is 1 part substance and 9 parts myth.

Globalism is the new field of opportunity. In case you didn't notice, oil and coal are yesterday's news and becoming ever less popular- it's no surprise that the owners of such enterprises are seeing their fortunes eroded; just as the men who used to manufacture horseshoes experienced the same. Yes, companies are making huge profits out of Chinese (and fudge loads of other countries') citizens, but those Chinese citizens are growing wealthier and wealthier with every passing day to the point that many of them are approaching Western levels of consumerism if they are not there already. There is money to be made selling them things just as there are paying them to assemble or design things.

If you need any more evidence that Big oil is dying then check out the Gulf states who are scrabbling around to get into nuclear power, tourism or other industries to diversify their economies because they have realised the game is up.

It's important that the economies around the world level up, tech up and wise up because it won't be many decades before population growth stabilises, slows and then begins to decline. It's effectively happening in many countries already.

And lastly, you can have a 6 figure salary and still be ridiculously thick or poor.

you missed the entire construct of the argument. It’s not about oil or coal. Coal was the example as everyone always brings up the Koch brothers as the evil rich coal Barron’s sending kids down the mines. The reality is the Koch brothers brought hundreds of thousands of people in the Appalacians out of poverty. Only for Obama to stick them all on opioids so they were to dazed to see what was happening.

back to being comfortably numb again for the next 4 years, won’t be long before the next global wonder pain killer is rolled out. Look at all these happy little Chinese fellas steadily growing their wealth. Aye right.

Muck Spreader · Jan 20, 2021

le bon paysan said:
Dido Harding is paying 900 Deloitte consultants a 1000 pounds a day each! Now do you understand why those on universal credit can't have 20 quid a week extra?!

View attachment 935077

It's worse than that.The figure that the press were quoting is £7000 per day for senior consultants and £2,400 for new graduates.

Government paying test and trace consultants equivalent of £1.5m salary

The UK government is paying some management consultants the equivalent of more than a million pounds a year to work on the coronavirus test and trace

www.cityam.com

At what point will U.K. become Bankrupt???

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Up to 25%

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50-75%

75-100%

100% I’ve had enough of farming!

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