WILF 46,634 Posted August 21 Report Share Posted August 21 2 hours ago, chartpolski said: It’s also an indication of the state of the economy. If the Footsie is rising and strong, that means business’s are doing well. Of course the owners and shareholders benefit, but there’s a knock on effect of businesses expanding and employing more people and suppliers also getting more work, exports increasing, etc. so there’s no doubt a strong stock market benefits everyone to a greater or lesser degree. Cheers. Completely understood squire and I used to be a massive advocate and believer in the “trickle down” effect…..I’m still an advocate for it in a properly functioning, fair system. However, I don’t believe that is what we have and we haven’t had it for a good while now……what we have is akin to some kind of council estate money lender type thing going on where the borrower is forced to borrow by the system while the same system then never lets him out of the trap…..doomed to be continually poor relatively speaking and kept in servitude to “them” I remember as a young man, there was a clear path to climb free of the pit….you grafted, you earned, you kept as much as you could and you could get on…..as the years went by they chucked more and more obstacles in the way, moved the goal posts continually, a rule here, a change of legislation there, a percentage the other. Even lads who are relatively ok are still having to work massively hard to maintain parity……grafting like f**k to only inch forward or standstill. 4 1 Quote Link to post Share on other sites
Lenmcharristar 9,727 Posted August 21 Report Share Posted August 21 36 minutes ago, WILF said: Completely understood squire and I used to be a massive advocate and believer in the “trickle down” effect…..I’m still an advocate for it in a properly functioning, fair system. However, I don’t believe that is what we have and we haven’t had it for a good while now……what we have is akin to some kind of council estate money lender type thing going on where the borrower is forced to borrow by the system while the same system then never lets him out of the trap…..doomed to be continually poor relatively speaking and kept in servitude to “them” I remember as a young man, there was a clear path to climb free of the pit….you grafted, you earned, you kept as much as you could and you could get on…..as the years went by they chucked more and more obstacles in the way, moved the goal posts continually, a rule here, a change of legislation there, a percentage the other. Even lads who are relatively ok are still having to work massively hard to maintain parity……grafting like f**k to only inch forward or standstill. 100% mate, britain born free, taxed to death, the harder tou work the more they take off you 1 1 Quote Link to post Share on other sites
DIDO.1 22,625 Posted August 21 Report Share Posted August 21 35 minutes ago, WILF said: Completely understood squire and I used to be a massive advocate and believer in the “trickle down” effect…..I’m still an advocate for it in a properly functioning, fair system. However, I don’t believe that is what we have and we haven’t had it for a good while now……what we have is akin to some kind of council estate money lender type thing going on where the borrower is forced to borrow by the system while the same system then never lets him out of the trap…..doomed to be continually poor relatively speaking and kept in servitude to “them” I remember as a young man, there was a clear path to climb free of the pit….you grafted, you earned, you kept as much as you could and you could get on…..as the years went by they chucked more and more obstacles in the way, moved the goal posts continually, a rule here, a change of legislation there, a percentage the other. Even lads who are relatively ok are still having to work massively hard to maintain parity……grafting like f**k to only inch forward or standstill. Totally agree. And 'the markets' have now become the tail that wags the dog. A totally faceless and unaccountable power that can set agendas. Look at Liz Truss's budget....the markets didn't like it, we all suffer... leading to a new prime minister that continues with the same system and agenda as before. Should a truly new party start seriously winning just watch how the 'markets' react, pushing us towards a return to the WEF agreed system 1 1 Quote Link to post Share on other sites
chartpolski 23,203 Posted August 21 Report Share Posted August 21 34 minutes ago, WILF said: Completely understood squire and I used to be a massive advocate and believer in the “trickle down” effect…..I’m still an advocate for it in a properly functioning, fair system. However, I don’t believe that is what we have and we haven’t had it for a good while now……what we have is akin to some kind of council estate money lender type thing going on where the borrower is forced to borrow by the system while the same system then never lets him out of the trap…..doomed to be continually poor relatively speaking and kept in servitude to “them” I remember as a young man, there was a clear path to climb free of the pit….you grafted, you earned, you kept as much as you could and you could get on…..as the years went by they chucked more and more obstacles in the way, moved the goal posts continually, a rule here, a change of legislation there, a percentage the other. Even lads who are relatively ok are still having to work massively hard to maintain parity……grafting like f**k to only inch forward or standstill. A strong stock market and expanding economy leads to more and bigger businesses, more job opportunities, more taxes for the treasury to spend on the public services , pensions, benefits, etc for the betterment of the country and its population. A weak stock market and shrinking economy leads to bankruptcies, businesses going bust , redundancies and less taxes for the treasury. An incompetent or corrupt government doesn’t alter those facts. Its how the government chooses to spend the money from a strong economy, but if we have a weak stock market and economy, (the two are inextricably linked), the countries finances get worse and so the peoples lives and public services get worse. So, all I’m saying is a strong stock market is preferable to a weak one. Cheers. Quote Link to post Share on other sites
WILF 46,634 Posted August 21 Report Share Posted August 21 37 minutes ago, chartpolski said: A strong stock market and expanding economy leads to more and bigger businesses, more job opportunities, more taxes for the treasury to spend on the public services , pensions, benefits, etc for the betterment of the country and its population. A weak stock market and shrinking economy leads to bankruptcies, businesses going bust , redundancies and less taxes for the treasury. An incompetent or corrupt government doesn’t alter those facts. Its how the government chooses to spend the money from a strong economy, but if we have a weak stock market and economy, (the two are inextricably linked), the countries finances get worse and so the peoples lives and public services get worse. So, all I’m saying is a strong stock market is preferable to a weak one. Cheers. I completely understand the concept mate, but I don’t feel that the man in the street is benefiting from this “healthy” economy. 1 Quote Link to post Share on other sites
DIDO.1 22,625 Posted August 21 Report Share Posted August 21 38 minutes ago, chartpolski said: A strong stock market and expanding economy leads to more and bigger businesses, more job opportunities, more taxes for the treasury to spend on the public services , pensions, benefits, etc for the betterment of the country and its population. A weak stock market and shrinking economy leads to bankruptcies, businesses going bust , redundancies and less taxes for the treasury. An incompetent or corrupt government doesn’t alter those facts. Its how the government chooses to spend the money from a strong economy, but if we have a weak stock market and economy, (the two are inextricably linked), the countries finances get worse and so the peoples lives and public services get worse. So, all I’m saying is a strong stock market is preferable to a weak one. Cheers. Growth growth growth. More building, more expansion, more jobs, more immigration, growth growth growth. Trade at any price. If you don't play the game and stick to the plan then you will suffer 4 Quote Link to post Share on other sites
chartpolski 23,203 Posted August 21 Report Share Posted August 21 1 minute ago, WILF said: I completely understand the concept mate, but I don’t feel that the man in the street is benefiting from this “healthy” economy. f**k me ! LOL ! I don’t know why I keep getting suckered into these conversation ! LOL ! Someone mentioned the stock markets were crashing and all I did was point out the irrefutable fact that the Footsie100 was doing rather well ! Maybe the “working man” isn’t doing as well as he should be, but he’d be a lot worse of with a stock market crash and an economic recession. Cheers. 1 Quote Link to post Share on other sites
DIDO.1 22,625 Posted August 21 Report Share Posted August 21 3 minutes ago, chartpolski said: f**k me ! LOL ! I don’t know why I keep getting suckered into these conversation ! LOL ! Someone mentioned the stock markets were crashing and all I did was point out the irrefutable fact that the Footsie100 was doing rather well ! Maybe the “working man” isn’t doing as well as he should be, but he’d be a lot worse of with a stock market crash and an economic recession. Cheers. Or that could be the start of a much needed revolution and rebalancing.... I can't wait. I'm going to be well naffed off if Scotty was talking shite and it doesn't happen and I've invested in 10,000 tins of food for nothing. 3 Quote Link to post Share on other sites
scotty12 1,888 Posted August 21 Report Share Posted August 21 (edited) 28 minutes ago, DIDO.1 said: Or that could be the start of a much needed revolution and rebalancing.... I can't wait. I'm going to be well naffed off if Scotty was talking shite and it doesn't happen and I've invested in 10,000 tins of food for nothing. you'll still get to wear your suit in public mate don't worry I haven't led you up the garden path Foreign currency or xrp is your most easiest way to level up for what's coming ..... in reality it won't matter all world wide debt will be wiped start a new reset but one that actually benefits the common man ... a NEW stock market will be created for that too happen the old one has to crumble it ain't rocket science. the biggest transfer of wealth in human history .... remember remember the 5th of November Edited August 21 by scotty12 Quote Link to post Share on other sites
chartpolski 23,203 Posted August 21 Report Share Posted August 21 7 minutes ago, scotty12 said: you'll still get to wear your suit in public mate don't worry I haven't led you up the garden path Foreign currency or xrp is your most easiest way to level up for what's coming ..... in reality it won't matter all world wide debt will be wiped start a new reset but one that actually benefits the common man ... a NEW stock market will be created for that too happen the old one has to crumble it ain't rocket science. the biggest transfer of wealth in human history .... remember remember the 5th of November You said September , Scotty mate; a change of plan ? Cheers. Quote Link to post Share on other sites
scotty12 1,888 Posted August 21 Report Share Posted August 21 (edited) 10 minutes ago, chartpolski said: You said September , Scotty mate; a change of plan ? Cheers. Stock markets will take another big tumble in September yes correct .... not a complete crash as of yet but another big tumble there will be several events leading up to it there will be hard times over the next few months so people appreciate what's to come..... major uk floods for September also sometimes you need to be broken to then prosper to appreciate things in life. Edited August 21 by scotty12 1 Quote Link to post Share on other sites
chartpolski 23,203 Posted August 21 Report Share Posted August 21 6 hours ago, scotty12 said: It's going to take another big tumble in September ... so get your wipes at the ready 1 Quote Link to post Share on other sites
THE STIFFMEISTER 15,700 Posted August 21 Report Share Posted August 21 Nothings gonna happen though that will be of benefit to the average Joe the roads will still be in shit state , the cameras will still be set out every Friday and food and fuel will still be the same price 1 Quote Link to post Share on other sites
Pewit 970 Posted August 21 Report Share Posted August 21 I don't think people would mind paying more tax providing we saw an improvement in our services, let's at least hope Labour can bring us that. 2 Quote Link to post Share on other sites
chartpolski 23,203 Posted August 21 Report Share Posted August 21 On 17/08/2024 at 11:28, scotty12 said: Drafts for war in the uk this September ?? Will you be signing up big chest ? My mistake, Scotty, this was the post I was thinking of . Cheers. Quote Link to post Share on other sites
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