/biz/ - Business & Finance

>>51627216
Buy gold.

they are going full reganomics until the election. bold strategy, cotton

where else to invest? no fucking clue m8

>>51627216
Ouch buy bitcoin & xrp

These tax cuts are retarded. I work in the water industry and I can say that £45billon is enough to run the water industry in Scotland for 37 years. It’s crazy money.

>>51627216
>Feed your family for £25

I-is this supposed to be considered cheap?

>>51627294
What dept are you in at Scottish Water?

>>51627518
Capital directorate, sorry don’t want to say more than that.

>>51627216
every time your payday arrives transfer it all into United States Dollar

>>51627564
based, thanks for the council juice anon

These tax cuts are being called massive etc by the media, but its roughly 1% cut? Big deal. Its pissing off the right people so I'm all for it. Wish it was more focused on the basic rate tho

>>51627266
>a literal retard

>>51627601
>Wish it was more focused on the basic rate tho

What's it like being a working class Tory?

>>51627599
You’re welcome. The council juice in Scotland is very good, I don’t understand people who buy bottled water here.

>>51627601
>Mis-management of the economy, tanking sterling, and increasing gov borrowing costs is good if it "owns the libs"

Lol, jej even.

>>51627622
Pretty great. Income quadrupled since 2010

>>51627601
They're scrapping the 45% income tax band above £150k, on top of taking the basic rate from 20 to 19%

>>51627216
>new migration policy announced to deal with wage rises
Why is it that when the common native worker finally gets a decent pay, the government fucking clamps down by flooding the market with immigrants?

>>51627654
Because they are neoliberal extremists. GDP lines must go up, housing must go up, taxes must be down, public services cut, taxes low, wages low through immigration.

"Conservative" my arsehole.

>>51627216
>>new migration policy announced to deal with wage rises

>>51627216
So the UK is following into EUs footsteps and choosing to go with hyperinflation to keep their heads above water for a few extra months?

>>51627654
Do you really have to ask? I'm looking forward to seeing those central London landlords "bailed out".

we really need to convince a significant chunk of brits to buy crypto to protect their wealth. even if crypto goes down further, it won't go down as much as the pound

>>51627809
Laughs in exporter

>>51627653
And deleting the bonus cap for bankers. Trickle down economics once again. Same tactics and same results.

>>51627809
>even if crypto goes down further, it won't go down as much as the pound

Lol.

If you were to say USD or Gold, that would be acceptable.

>>51627683
>>51627789
It's disgusting, they should be thinking more about the ordinary person rather than making a quick profit for companies, especially so close to the general election. It's like they know they are going to lose and don't even care.

>>51627891
Ordinary people got their taxes cut, what's the problem? Poor people don't even pay tax in the uk, so if course they don't benefit from this change, they went from winners to still winners.

>>51627923
The problem is that the rich are the ones who benefit most from this, no one was even asking for it, and its being funding with extra borrowing.

>>51627969
Do the rich even benefit that much when our currency has tanked this badly? I read that someone earning a million a year would be forty grand better off with these tax cuts but if they’re having to convert all their money into dollars it isn’t if much use in the UK.

>>51627891
>It's like they know they are going to lose and don't even care.

Thing is... I am not even sure they are going to lose anon. They have for all practial purposes zero opposition. I don't know a single person outside of middle class liberals and students who would vote for the Labour party.

>>51627923
>Ordinary people got their taxes cut, what's the problem?

Ordinary people got a few hundred quid at the end of the year in a currency that is plummeting. To pay for this it's going to need eye-watering cuts under the logic that rich fucks will step up to the plate.

>>51628137
>I don't know a single person outside of middle class liberals and students who would vote for the Labour party.

I might vote Labour just to kick the Tories out this time. They've completely lost their mind and now they're not even trying to control immigration.

>>51627614
>>51627266
Way to misunderstand a quote lmao materialists believe credit controls purchasing power.

>>51627266
>Britain outlaws Gold again like it did in 1966 to prevent people from leaving GBP
>Because Britbongs are such compliant cucks, you'll have no way to sell it without getting entrapped.

>>51628259
>I might vote Labour just to kick the Tories out this time. They've completely lost their mind and now they're not even trying to control immigration.

Same, I'm 30's and never voted Labour, but probably will to get rid of the tories. Utter clowns.

The real black pill is that Labour will be just as bad, and we are in a two party system pretty much.

>>51627216
It's insane when you think about it, perhaps the most difficult times we in the west are facing in decades.
And we systematically elect shitty people to get us through it.

Biden, Scholz, Truss.. Democracy is clearly not functioning as intended and i suspect the failing point is the electorate. To much sugar, internet and minorities are fucking up the system.

>>51627683
>taxes low
Not for a native, these fuckers deserve the chopping block

>>51628446
We could be waiting until January 2025 for the next general election too. I couldn’t cope with Truss in charge for a fortnight, let alone another two and a bit years.

>>51628446
>elect
Elect?

>>51628446
I guarantee that if we picked politicians randomly from eligible citizens things would be better.
>interest groups have to convince the general public that uncontrolled immigration is good

Is now a good time to rack up debt seeing as the pound will be worthless soon?

>>51628310
>we are in a two party system pretty much.
We're a one party system.
>>51628446
>Democracy is clearly not functioning as intended
It's working exactly as intended. We're under the occupation of the American empire and we're being carved up and eaten.

>>51628530
I agree that randomly selected people would probably be better than what we have now, but then you run into the issue of getting actually randomly picked people. You would have the issue with glowniggers rigging whatever sort of drawing method you used.

>>51627216
inflation protected government bonds

>>51627216
>were fycked with not enough of anything
>hurr lets import 100 million more ignorant violent criminal scum that have no interest in respecting our country or culture or laws

>>51627216
Diversify your money man, i have:
>5% in cash, home currency
>10% cash, USD
>25% treasury bonds, home currency
>30% US stock market
>30% real estate

>>51627216
move to US vanguard

>>51628825
60% in gbp, ooooph

It's a shame, I just wanted the year to end with nothing interesting happening.

>>51627683
>>51627654
read the sovereign individual by James Rees-Mogg Snr and realise the NWO being ushered in by the UK civil service.

>>51627216
>bong
>you ain't seen

>>51627629
what about fluoride?

>>51628825
Still not playing it right considering cash keeps losing value due to inflation.

>>51631504
Is there a perfect way to play this market cause everyone is getting fucked regardless.

>>51627270
these chancers are full-on brainfuck retarded, from the Maggie impersonator to the nigger behind the till.
>what direction are we facing?
>fuck knows, but PEDAL TO THE METAL!

>>51631622
Yield farming stablecoins via spool is a better option in my opinion.

>>51627216
>GBP nearly 1:1 with USD

looks like im going to bongland for my net vacation

>>51632070
wife went earlier this year, everything is a fucking fortune

>>51627266
Lol central banks are gonna sell gold to buy dollars they can use to buy commodities.

>>51628757
True, you'd have to come up with some secure method for random selection (not as hard as it sounds), but maybe don't have the selected people write laws, just allow them veto power over all laws/budgets being proposed. It would at least filter out some of the more egregious crap.

So uh, should I buy some crypto with my sterling while I still can or something else?

>>51627629
because the tap water tastes like metallic poison compared to bottled spring water

>>51627845
>USD
The dollar is a ticking time bomb, you might be able to kick the can down the road for a little longer but that shit is a bloodbath in waiting.

>>51627629
and the quality of water varies all over, the best tap water I've had in scotland was when I lived in the loch lomond area.
I'm from the highlands and the tap water here north of Inverness is notoriously shit and over treated, when I worked in london and glasgow it felt like there was less chemicals in there.
I only drink bottled water, I don't even like drinking boiled tap water

>>51627216
>ukraine flag
Lol. Lmao

>>51627601
>Its pissing off the right people so I'm all for it. Wish it was more focused on the basic rate tho.
Yes, who cares about the economy collapsing as long as the right people are getting upset. Peasant mentality and a peasant income, not surprising.

>>51627699

>>51627270
>>51627266
>>51627216
Bitcoin, you fucking Anglo troglodytes. The Romans really were right about you, weren't they?

>>51628496
You're on a crypto trading board. The country is fucked, but you can make out like a bandit. Weak GBP, low CGT with no prospect of a rise. Bullish.

>>51632070
if you avoid cities there's nice rural places

>>51627266
>1866

All this doomposting in the media feels very forced like covid

>>51627216
It's literally better to invest in btc,eth and bnb rather than keep any money in the GBP at present.

>>51627216
Lmao markets price 175 bps boe in nivember. Eat shit anglos

>>51627216
USD

>>51628259
This is beyond politics. The political sphere of influence has continued to decline across the globe in leu of the massive monopolies directed by the people that everyone is already aware of. Voting is simply kicking the can down the road.

>>51627216
how exactly is the pound collapsing?
pls explain

>>51627266
Karl Marx is an high IQ individual

>>51628588
Wait till it corrects, which it is and will, then get in debt and dump before the pound goes full Schumacher in spring.

>>51627216
you can't
enjoy trussonomics

>>51635262
https://www.youtube.com/watch?v=xxzy3sLs4Bs

>>51627891
They aren't going to lose. Average SE pensioner loves them. They bought their council house on the cheap thanks to Thatcher, what little money they saved they put into a rental property, the NHS covers all their medical bills and now their care is fully funded by the taxpayer too. As landlords they can do as they like without rent caps or penalties for mismanagement. Their houses rise in price every year, and when they don't the Tories add more debt to the pile to bail them out. They retired early and their defined benefit pension schemes are protected and bailed out when needed, and their state pension goes up consistently due to the triple lock. Tories flood the country with immigrants to keep their services, goods and food cheap. They've voted consistently Tory and been rewarded handsomely for it.

The Tories know exactly what they're doing and their voting base supports them for it. Consider that the bulk of the population is made up of these older voters. Younger people are either immigrants or clustered in single locations like University campuses and cities with jobs, while the old vote is evenly spread out. Combined this means the grey vite is the deciding vote. This is a boomer country run for their benefit, you're just a farm animal.

>>51638267
soon they are going to have to shaft pensioners as they are painted into an ever smaller corner.
I will be there to laugh as I step over begging boomers in the street.

>>51634781
Use a berkey water filter

>>51638407
Hey I have one of these. Seems to be working well

>>51627216
Meh, we've had low growth and productivity too long. The whole economy for the past two decades has just been goosing the numbers through increasing asset prices, to fake growth, whilst productivity falls.
>low interest
>borrow to buy assets
>pushes the price of assets up
>borrow more against increased assets
>repeat
>let in more immigrants to drive down wages and create more demand for assets

How long can that pyramid scheme last. Time to move to higher interest and wipe out some over-leveraged boomers. And cut restrictions to get real growth, you can't take a shit in this country without an appropriate license. The thing we are best at is creating committees, you can't just name the local town hall, you first need to create a "town hall naming committee". Time to crack on now chaps.

Poor people were poor anyway, over immigration meant that there was absurd competition for even the most down-syndrome tier job, and interest rates of zero meant owning anything was impossible.

>>51627216
>>still no news on how tax cuts will be paid for
absolute state of statists

>>51639600
none of it is ever paid for. the still present austerity after 2008 did nothing to stop ever increasing national borrowing. they do not anticipate it being a problem they need to deal with

>>51627969
>The problem is that the rich are the ones who benefit most from this
Seems fair given the people hitting the 45% threshold make up a third of all income tax revenue. With the next third followed by people paying the 40% rate. And the next third paid by people above median wage. Of course it isn't exact thirds - there's like 5% left which is paid by your 'ordinary person' who is totally carrying their own weight and isn't at all a net loss in terms of public service expenditure.

>>51631066
Not added to water in Scotland.

>how tax cuts will be paid for

Will any government, ever, ever, and I mean ever, do the slightest amount of budget trimming or cutting lol. I don't think you fags understand how wasteful national bureaucracy is.

Example here: since the introduction of the Department of Education here we have spent billions upon billions, probably over a trillion up to this point, and our test scores have not only not improved whatsoever, but declined somewhat. They're just a Ministry of Truth full of faggot grifters.

>>51640861

National level governments like to distort the truth and make you think your large national level tax payments are going towards real things like fire, police, and schools. That's false. Your local taxes pay for those. Your national taxes pay for bureaucrats, grifters, and their welfare plantation. You could chop their budget in half and would hardly notice a difference in your life, other than getting a ton of your own money back.

>>51628309
>Because Britbongs are such compliant cucks
Yeah except Franklin D. Roosevelt outlawed gold from 1934, you utter moron.

>>51628310
Vote for Farage, that is the only way you can protest vote. Labour would be worse than the Tories.

>>51636937
>watching the media

I work at a well known English company (as a handyman) and news around the burger van is they're all shorting gbp. I'm buying dollars when I get home, may as well play the jew game and make some money from it

>>51640941
I don't want to 'protest vote' I want a change of government

Gold sovereigns.

>>51627216
Get your money out of the bank.

>>51629396
>civil servants advise ministers to stop being retarded
>they do it anyway
>policy shitshow is blamed on civil servants trying to do damage control
>London workers get pay rises whenever the minimum wage goes up

Yes, truly the NWO at work.

>A marriage green card allows the spouse of a U.S. citizen or green card holder to live and work anywhere in the United States. A green card holder will have “permanent resident” status until they decide — if they wish — to apply for U.S. citizenship, for which they become eligible after three years.

heyyyyy um

any Americans wanna pretend to be gay?

>>51641886
gnarggghhhhhhh

>>51627216
someone should release a sassy and cheeky fork of bitcoin with this headline in the genesis block and 1 billion X larger supply

>>51640823
Yet, I hear the UK government is planning on introducing fluoride to anywhere that still haven't spiked their water supply with it. All the more reason for independence.
>>51634781
The tap water in the west of Scotland is generally nicer in the east, where the quality is almost London-tier in comparison.
>in london
>it felt like there was less chemicals in there
Total placebo, water in London is utterly vile. Not surprising considering you're the type to regularly and willingly consume microplastics.

>>51627216
>I have about 30% of my portfolio in UK shares.
why? seriously why? there isn't a uk company worth shit
the only ones that i would ever contemplate investing in are BAE and the like where the state will make them profitable if nothing else will
>>51634781
>when I worked in london and glasgow it felt like there was less chemicals in there.
are you well? london water is absolutely fucking disgusting
people literally buy bottled water there and almost nowhere else in the country