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Post by Jim on Jul 19, 2022 18:04:22 GMT
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Post by naughtyfox on Jul 28, 2022 17:45:33 GMT
Looks like a lot of people will be turning the thermostat downwards as Autumn gives way to Winter... The Governor, Andrew Bailey, said he is “helpless” in the fight against rampant inflation, ad warned of “apocalyptic” global fuel and food prices. And as for Sunak suggesting there is nothing the government can do to help the people out of the impending shitstorm, how about the following Departmental incompetence that he chooses to ignore:- £36bn penalty to the EU due to Brexit. £8.7bn PPE written off. £37bn fraudulent Covid loans never investigated, written off. £37bn Test & Trace written off. £512m ventilators never used, written off. £500m Nightingales never used, written off. £12bn earmarked for NHS social care, will probably be reallocated on management diversity bullshit. £111bn+ for HS2 that hardly anyone will ever use. Not forgetting a bloated public sector, who are already demanding pay rises of over 11%. And the many millions being spent on a daily basis looking after dinghy riders in 4* hotels. But the government can’t help us plebs get through this cost of living nightmare!
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Post by naughtyfox on Jul 28, 2022 17:49:35 GMT
"If we told the eco-loonies to fuck off and resumed coal production and used it in power stations, then that would be a start to reducing prices."
"Using coal is silly. We sensibly get wood from American trees, chipped over there by fucking great power draining machines, shipped by road, sea and rail to East Yorkshire and burnt in a power station converted from coal, next to the closed Killingley colliery. The wood chips have the benefit of being a lower calorific value than coal, needing more to heat the water, and sending up masses of particulates. But thankfully, only over northern England. Which is covered in wind turbines. Net fucking zero bullshit. You know it makes sense."
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Post by Deleted on Jul 28, 2022 18:05:05 GMT
Its terrible. We all die
Tom Lehrer did a song about this.
We will all go together when we go.
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Post by naughtyfox on Jul 28, 2022 18:10:27 GMT
"Come October, even the Beckhams are going to be digging down the back of the sofa and raiding the penny jar looking for enough change to stick £50k on the meter key for next week’s leccy."
"Who owns the food and who controls the money are the masters of us all. But it will reach breaking point eventually and people will get medieval very soon."
"No they won’t, they’re weak and indoctrinated. This is the decline of the Western world, good luck, millennial scum."
"Maybe hard up folk could sell their stocks of face coverings and C19 tests on ebay. They were free after all, weren’t they?"
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Post by Deleted on Jul 28, 2022 18:16:52 GMT
Have you been reading isacunt too much recently Ross?
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Post by Deleted on Jul 28, 2022 18:17:47 GMT
Go on then.
Who are you on there? There do seem to be some other landed gentry types on there.
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Post by naughtyfox on Jul 28, 2022 20:23:16 GMT
"Shell and Centrica post profits totalling £11bn as households struggle with bills British Gas owner reinstates dividends after operating profits of £1.3bn, while Shell reports £10bn profit between April and June It has been a period of roaring trade for Shell and other major oil and gas companies, in contrast to struggling households and much of the rest of the economy. Higher energy prices have caused inflation to soar to 40-year highs in the UK and elsewhere, and which threaten to tip economies into recessions across much of the world." www.theguardian.com/business/2022/jul/28/shell-posts-10bn-quarterly-profits-as-households-struggle-with-bills?CMP=share_btn_link
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Post by Mr Stabby on Jul 28, 2022 20:36:31 GMT
£37bn fraudulent Covid loans never investigated, written off. Loads of the eastern European truck drivers got these, the standard model for an EE driver is to trade as a Limited Company, employing themselves. So they all claimed the furlough money but carried on working anyway, so double bubble right there, then they all claimed the bounceback loans of £20,000 odd, then they all folded up their Limited Companies and fucked off back to Poland etc with their pockets bulging with Rishi's free lolly. Can't fault them really. Blame the game, not the players.
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Post by bills on Jul 28, 2022 23:17:30 GMT
I'm glad I own a wood.
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Post by naughtyfox on Jul 29, 2022 6:56:28 GMT
The 'Dystopian Future' was just a 'conspiracy theory' this time last year... yet here we are with people making fewer journeys by car, and just wait until the next electricity bill comes along! Even if you have a "2-year contract" that will end when those 2 years are up. Shopping around for cheaper electricity will be like spending £5 on fuel driving around to find a petrol station which is selling it a penny cheaper! There is no 'competition' - it's all a cartel run by the rich.
"Madcap Fantasies, Oil Price Caps and Our Collapsing Living Standards
The West today is facing a dangerous future. If Europe does not figure out a way to get Russia to turn the gas back on, the European economy will likely collapse this winter. If this happens, expect serious political instability. Yet at this very moment, our leaders are engaged in absurd power fantasies where they dictate terms to Russia about the sale of energy.
What happens next? Assuming these countries place a ban on buying Russian oil over $90 a barrel, consumers and distributors will have to start bidding for oil in countries other than Russia. This will greatly increase the price they pay in these countries. This, in turn, will drive up the global price of oil – certainly for all the countries signed up to the policy.
What about Russia? They may lose out on some oil revenue, or they may not. It depends on two things. First, on how much the rise in the price of oil cancels out the loss in quantity being sold. Second, on how much of their oil can be shipped to alternative markets. Considering all this, who is more adversely affected by the oil price cap? Obviously, the countries trying to impose the cap. And those countries are not just slightly more adversely affected, they are far more adversely affected.
This is why no countries have tried a price cap before. It is an absurd policy. It is deeply unserious. It does not even pass the smell test of being an idea worth considering. If such ‘magic beans’ tactics worked, they would have been used by oil consumers against OPEC long ago.
It is sad to say, but the credibility of our elites is crumbling. They are becoming very difficult to take seriously. One can only imagine how their statements and actions are viewed across the world. Without putting too fine a point on it, the Chinese, Russians and Indians must be having a good laugh. And when that laughter dies down, it will have very real effects. Global partners will take us less seriously. We will not be accorded the respect we have been hitherto.
Meanwhile, inflation surges at home. Living standards fall, and there is reason to think the decline may not be reversed. This does not feel like a normal inflation. Normal inflation occurs when the economy is running too hot and is reversed when the economy enters a recession – typically after central banks raise interest rates. But our current inflation feels more like an impairment in living standards caused by supply chain disruptions and a shake up in global trade relations, sparked by geopolitical realignment.
Living standards in Britain will fall 18–30% in the next decade. Prior to the lockdowns, if you had tried to make that case to me, I would have dismissed you as crazy. But the world has changed drastically."
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