UK is Fucked
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- 1,606 Responses
- Gardener1
- damn, just missed the deadlineGardener
- I'm just not sure about it.Morning_star
- https://twitter.com/…Bluejam
- shapesalad-1
- I got through 4 minutes, realising too late this was depressing the fuck out of me. I can't watch anything like this anymoreIanbolton
- If there is a video on YouTube saying it’s about to colapse it’s a good sign that it’s not going to colapse.Chimp
- Pretty messed up numbers. All in all. Short the pound. Convert your cash to dollars.shapesalad
- russian/chinese psyopshans_glib
- grafician-1
NO major scandal in the UK past weeks, WHAT is happening down there guys?!
- Nurses are just about to go on strike. An MP told one of his colleagues to cut their own throat and jump out a windowPhanLo
- We're in slow frog simmering mode at the moment.Nairn
- tarantula boiling, frog simmeringkingsteven
- Next week, 17th Nov = The shit hits the fan. It's the Economic 'statement'.... 'state'... 'ment'.... statementallyfucked.shapesalad
- Pound is on a wee rally against the mighty $ due to USA CPI low = risk on = money into £. Wait for the peak before 17th to place your almighty short.shapesalad
- Look at the chart for GBPUSD, we are currently retracting from that Liz Low. But on a weekly chart we are still in a downwards channel.shapesalad
- 17th will likely, probability is on the side of it - knock pound back towards the liz low. There's just number crunch to cover the fact UK is fucked.shapesalad
- *no* number crunchingshapesalad
- PhanLo-1
- PhanLo-2
- MrT1
Oops.
- shapesalad0
- Get yours here https://www.hawesand…shapesalad
- boo i thought that was st george and the dragon. but no. so will not wearhans_glib
- thought you'd be all for the World Cup, shape, seeing how loads of immigrants died making it happen.face_melter
- pattern matching, not even oncekingsteven
- Nairn2
- Haven't been in there for years. Wonder what might have happened to lots of cool old buildings without Spoon's.Fax_Benson
- maybe someone will make it a cinema again. maybe pigs might flyhans_glib
- also wetherspoons sell shit beer so i'm really not surprisedhans_glib
- It'll probably become yet another open work zone, or whatever the fuck they're called, filled with cunts staring at rectangles.Nairn
- qbn?hans_glib
- You can smell the Brexit off that photomrAtor
- Another warm bank gonefadein11
- https://www.instagra…Hayzilla
- Bluejam7
- via http://pbs.twimg.com…Bluejam
- Well i'm off to Woodwards Erotic Mount via Evil Wizards and Funk.Morning_star
- that's generally an improvement.Fax_Benson
- I dream of living by the seaside, but Prog Rock is nowhere in which I'd be caught dead.Continuity
- Ha ha, just spotted London. Approved.Morning_star
- ... orders an acoustic basskingsteven
- No red squirrels? I'm disappoint.
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@ms - that was my fave bit too :)Nairn - Grumpy but happy, sounds fair.faxion
- I'm there alreadyMrT
- shapesalad0
https://www.reuters.com/world/uk…
Britain's government could end up paying 133 billion pounds ($157 billion) to the Bank of England over six years to finance its quantitative easing (QE) programme, official budget forecasters said on Thursday.
British banks hold around 950 billion pounds of reserves at the BoE, largely as a result of more than 800 billion pounds of reserves created to pay for QE purchases of British government bonds that the central bank is yet to reverse.
Banks are paid interest on the reserves at whatever is the BoE's current interest rate - just 0.1% a year ago, but 3% now and they could rise further still.
Until recently, the government received profits made by the BoE's QE programme when interest rates were low, which totalled 120 billion pounds between March 2009 and March 2022.
Those flows have reversed: now the government foots the bill for any losses the BoE makes as it pays higher interest on bank reserves issued for its QE programme than it receives from the government bonds which the BoE bought.
- Seems... worse than the FTX saga.shapesalad
- https://www.theguard…Bluejam
- PhanLo0
- 2 months of rain in 2 days, sewers overflowed and there was wee jobbies floating about.PhanLo
- not nice but at least it won't rain again for 54 days.Fax_Benson
- LolPhanLo
- Someone made it through today https://twitter.com/…PhanLo
- PhanLo2
- Meanwhile corporations all around the world have been making record breaking profits during and after the pandemic.utopian
- would cost them far more than they loose than to adequately staff the place 10 self serve tills with one member of staff, one security guard for 700 shoppers EZkingsteven
- Keto diets are expensive.shapesalad
- "if you see someone stealing food, no you didn't"imbecile