Crypto mining has the same emissions footprint as France, apparently.How much of today's energy crisis, is down to using electric to pointlessly mine for crypto?
Crypto mining has the same emissions footprint as France, apparently.How much of today's energy crisis, is down to using electric to pointlessly mine for crypto?
Question really is for how long can we keep kicking the can down the road?
Clearly inflation is out of control, as the BoE seem to be conceding.
However whilst the currency is devaluing land will be seen to appreciate.The biggest best appreciating asset of land can bite back , it’s been know to drop in value ! And currently it’s very very valuable imo more chance going down than up you could buy an acre and loose four !
You are relatively young? I would guess the UK is not the only country in a muddle?I can't see interest rates changing significantly for the next 5 and probably 10 years.
Young people with skills would do well to emigrate.
Emigrate where ? Where is better ?I can't see interest rates changing significantly for the next 5 and probably 10 years.
Young people with skills would do well to emigrate.
Well let’s just say land is very very desirable today for one reason or another , tomorrow it might not be so desirable.However whilst the currency is devaluing land will be seen to appreciate.
Land isn’t becoming more valuable,in fact just more desirable.
It’s the pound in your pocket which is becoming ‘worth less’ or ‘worthless’.
That particular predcition has a particularly long queue for you to stand in. People have been predicting it for some years. Timing may be your USP though?
rates will go negative within the next 12 months imo
bookmark this post please !
Yeah, I'm not sure Clive's caught the boat on this one. That time has passed. Unless of course we get 2007/2008 for real this time.Interesting to hear you say this.
HSBC are estimating a minor rise at the start of next year, and then two small rises after 6 and 12 months.
Yeah, I'm not sure Clive's caught the boat on this one. That time has passed. Unless of course we get 2007/2008 for real this time.
Somewhere with sunlit uplands stocked with herds of unicorns.Emigrate where ? Where is better ?
Fair call.There was a commodity spike 07/08 ish,then look what happened.
We could be at the beginning of another commodity spike.
Guy who lives next to some of our land works in Iraq as a project manager in an oil refinery.He is certain we will have a commodity spike,was telling me a couple of months back.
Maybe what we are seeing is the first spin in the spiral.
I hope not as everyone has had a bum deal over the last 18 months so just need a break.
For gods sake don’t give them any ideas!!!If inflation really does start to take off maybe we should not worry about interest rates. Everyone seems to agree that raising rates might cause too much pain.
Would the government be able to control inflation to some extent through taxation??
But would it be better to sell unicorns live or on the dead?Somewhere with sunlit uplands stocked with herds of unicorns.
Think we're past the beginning of a commodity spike. How far it goes is anyone's guess.There was a commodity spike 07/08 ish,then look what happened.
We could be at the beginning of another commodity spike.
Guy who lives next to some of our land works in Iraq as a project manager in an oil refinery.He is certain we will have a commodity spike,was telling me a couple of months back.
Maybe what we are seeing is the first spin in the spiral.
I hope not as everyone has had a bum deal over the last 18 months so just need a break.
I’m their , it’s just a state of mind even have rainbowsSomewhere with sunlit uplands stocked with herds of unicorns.