- Location
- Northumberland
What do you think is going to happen?
Cash, what to do with it come negative interest rates?
- Thread starter Jerry
- Start date
Farfrae
Member
- Location
- Pontargothi, Carmarthenshire
Well IMHO it ain't going to be pretty but if you're wondering what the real forces driving lockdowns and other restrictions which disrupt normal social life, follow the money. Whose agenda is benefitting from the Telehealth, digital education, zoom homeworking? The agenda of those pushing the 4th Industrial Revolution/Great Reset. Klaus Schwab (founder of the World Economic Forum has literally written the book)
COVID-19: The Great Reset: Amazon.co.uk: Schwab, Klaus, Malleret, Thierry: 9782940631124: Books
Buy COVID-19: The Great Reset by Schwab, Klaus, Malleret, Thierry (ISBN: 9782940631124) from Amazon's Book Store. Everyday low prices and free delivery on eligible orders.
www.amazon.co.uk
The WEF has a high-level partnership with the UN to achieve its Sustainable Development Goals through imposition of the Fourth Industrial Revolution
Besides promoting a colourless, technocratic, authoritarian, paternalistic society, the WEF also predict that by 2030 "you'll own nothing and you'll be happy" -
None of that of course answers the question about where is the best place for cash at present
But following on from my earlier video this was filmed in London last Tuesday. It shows you how far away recovery is going to be
This is the follow up video analysing the current situation
farmerm
Member
- Location
- Shropshire
I do not agree with it all but there is certainly some truth in there. Anyone know what is pegging back the value of the Chinese Yen against other countries right now? China are pretty much over Covid, they may be one of the few nations that finished the year with a positive GDP, investors can get 3% on the Chinese bond market and have good price to earning ratios on stocks. What is holding back investors from dumping poor value US and Sterling investments with negative yields and piling money into China?
The fact that its China.
serf
Member
- Location
- warwickshire
Commies !
farmerm
Member
- Location
- Shropshire
Yes I suspect China is not yet ready for their currency to increase in value too much, they need to move their economy from export production to domestic consumption... only then will they want to strengthen their currency and turn the tables on us... the soon to be impoverished West will become the providers of cheap sweatshop goods for the affluent Chinese market!
essex man
Member
- Location
- colchester
All but around 5 of the 10k other cryptos are basically obvious scams and lack credibility.
They are generated to make money for their founders.
- Location
- Lincolnshire
Chinese make big money and they buy houses in London. Why? Cos they'll see that money again.
They say if America sneezes,the whole world catches a cold,well,the whole world just got Covid and it ain’t no sniffle!
- Location
- Northumberland
Good thought provoking videos.Is that you?
Doing it for the kids
Member
demand for commercial with a meeting room and just a few desks in the corner is growing. Most of the staff work from home and only come in when required.
i think it’s the way forward.
what to invest in? Land and buildings I would say, so long as the use can derive an income!
Tubbylew
Member
- Location
- Herefordshire
This is the biggest problem as far as I can see, if our grandchildren don't prosper how can they pay it back? And if they are to have any hope of prospering then something has to rapidly alter, I thought it was bad when I started my apprenticship in 2001, and when it started to improve, the financial crash wiped out any hope of success for a great many, but i'd be extremely concerned for my future if i were trying to pick a career now.
GeorgeK
Member
- Location
- Leicestershire
Add to that reducing population growth so soon there won't be enough workers to support people in retirement. The whole system relies upon several young, healthy tax payers to support every retired, NHS regular and that isn't happening any more. Hard to see how the young have any chance of retiring or accessing state health care later in life without a major breakthrough in automation to reduce labour requirements in these areas
But don't you see,covid is going to get rid of every retired NHS regular
farmerm
Member
- Location
- Shropshire
not quite every, perhaps 1 in 100 or those over 50s, 1 in 10 of those over 80...
I think our Western governments will be happy to print it for the time being, they won't want too much civil unrest.
- Location
- Essex
I have a feeling that the future will have little to do with what you own but what you do with your time for most people in developed countries. The only way to be right though is to have two contrary opinions then hope everyone forgets the wrong one. So I also think we will be buying more stuff and working harder than ever.
That’s probably true. They need spending to balance the books. They also need inflation to reduce their sovereign debts.
I resent the fact that instead of borrowing money on the never-never, I’ve been carefully saving for a rainy day and my retirement. This means I have to put more away to cover the losses from inflation and taxation.
No. A dictatorship and a nation of slaves.