BenGunn on Nostr: In fairness to the UK, we are being told overly we're fucked. They've not got an ...
In fairness to the UK, we are being told overly we're fucked. They've not got an election in sight, the nuptials have been performed and theres no reason for the gov't to make any friends.
They know the average voter can be gee'd up in 4 years when they needto borrow their rights again.
But the people.
Are retarded.
So they stood up and said "we've got no money"
"We need to grow, so here's double the CGT, and inheritance is being reviewed, and we're gonna shake a shitty stick at the local councils so they will allow more plebs to improve their homes"
Boomer pensions look so tempting. Boomers are already fighting about the price of things, they thought they could walk their 2024 bags through the 2003 society they stole it from. Doesnt work like that boomer.
UK is fine, as good as anywhere else. But it is fucked. The snap will be scary. A world without the gilts market is going to be grim, but thats what paying the bill always feels like.
Boomer assets will go perma-offered when the average boomer realities they cant buy cruises and groceries with 2% of their house.
Mass liquidations, wealth redistribution, and madness. Around the fall of the boomers is where all the early opportunity will be
Stay fit - the hospitals are a lottery
Stay frosty - safety is not guaranteed.
Get long vol - exposure to change is the right exposure
They know the average voter can be gee'd up in 4 years when they needto borrow their rights again.
But the people.
Are retarded.
So they stood up and said "we've got no money"
"We need to grow, so here's double the CGT, and inheritance is being reviewed, and we're gonna shake a shitty stick at the local councils so they will allow more plebs to improve their homes"
Boomer pensions look so tempting. Boomers are already fighting about the price of things, they thought they could walk their 2024 bags through the 2003 society they stole it from. Doesnt work like that boomer.
UK is fine, as good as anywhere else. But it is fucked. The snap will be scary. A world without the gilts market is going to be grim, but thats what paying the bill always feels like.
Boomer assets will go perma-offered when the average boomer realities they cant buy cruises and groceries with 2% of their house.
Mass liquidations, wealth redistribution, and madness. Around the fall of the boomers is where all the early opportunity will be
Stay fit - the hospitals are a lottery
Stay frosty - safety is not guaranteed.
Get long vol - exposure to change is the right exposure