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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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51089811 No.51089811 [Reply] [Original]

>Bong inflation at 18.6% in January

>This is not the magnitude of inflation data you usually
see from a developed, G7 economy. This is more like
what you would see from an emerging or frontier market
economy and is likely to keep massive pressure on the
Euro and GBP vs the Dollar.

Bongbros is everything ok?

Also how can I as an overweight and privileged American profit from your misery?

>> No.51090096

>>51089811
The UK is going the way of Argentina. A previously highly developed country which consistently makes poor decisions, is badly governed and has rampant corruption.

The UK has basically two options. Pretend is everything is OK and have a small 4% interest rate whilst inflation climbs even higher, or whack up interest rates to something like 20% and trigger a crippling recession.

No easy options. The British establishment relies on keeping house prices high, but this looks impossible to do now without the government borrowing money and buying the houses themselves.

If you seriously wanted to profit from this, the prospects for the pound look dire. As for buying UK assets, the fundamental weaknesses in the British economy will still be there in the short/medium/long term.

I feel really sorry for anyone living in the UK. The British don't really understand just how many poor decisions they are making.

>> No.51090165
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51090165

>pack 100 million regards onto an island
>have no real economy except for fake financial bullshit

How did they think that would work out? Mutts have natural resources and shit at least

>> No.51090186

>>51090096
The UK literally doesn't fucking do ANYTHING.
Washing money was not a serious long term play, they had to know that.

>> No.51090385 [DELETED] 

>>51090165
We didn't think it was a good idea. (((They))) did. The UK had a heavily protected economy and undercut every other nation in the world during its ascendancy. The main growth came in manufacturing in the 18th century, and this financial manipulation was done only in service of that: increasing access to raw materials and as capital for industrial expansion.

Free trade only came in in the 1840s after we had established our predominance. And even then our wealth was based entirely on manufactures. We even banned Indians from exporting finished cotton clothes so that our workers could finish them. Our raw materials include coal, wool, and some oil-not enough to compete worldwide nowadays, and was hardly enough 300 years ago. It is a proven fact that no nation has ever gotten rich by opening up its economy unless it both possessed a decent economy already, and could force foreign nations to have reciprocal agreements, and had something to export.

Also, importing millions of UNSKILLED foreigners is the last thing we needed, since our glaring dearth of natural resources means that our natural role is to move into technological development and production of quality goods. Containerisation destroyed our port cities, and so, conservatively, I'd say 7/8 of our workforce is engaged in busy work.

>> No.51090459 [DELETED] 

>>51090385
Maybe next time don't be the greatest lovers of Jews on the fucking planet. Literally fought Hitler to save the Jews. Gave the Jews Israel. You love (((them)))

>> No.51090735 [DELETED] 

>>51090459
I don't. But our aristocracy does. The rest of this island's goyim don't so much love Jews or foreigners, as they are in a permanent state of outrage that England, the English, and their culture dare persist in this world.

Something very interesting about Britain is that, for all they criticise mutts, English people used to act in the same way (right to bear arms, constant protest against government, distrust of everything official) because England is obviously where the Americans got the ideas from. They've lately converted to a very continental and communistic mindset of snitching on neighbours, preferring safety over freedom, and generally being the biggest gang of melts you could ever meet.

>> No.51091057

>>51090735
This all sounds depressing bongbro. The road ahead looks like shit. Good luck

>> No.51091095 [DELETED] 

>>51089811
Britain deserves this. Such a shitty fucking economy, "let's just bet everything on financial services and laundering the money of Russian oligarchs, lol".

Utterly, utterly fucked. Britain has next to no natural resources; seventy million people (with over one million inbred pajeets and niggers added every year!) crammed onto a tiny island; completely trashed the greatest education system in the world (Grammar schools/Russell Group); a sprawling public sector that vastly overpays useless managers instead of those delivering the services (NHS managers, local government and senior 'leadership' in academies all on over £200K per year); absolutely no industrial strategy; no energy security strategy; a people obsessed with nothing other than owning a German car on finance and the value of their shitty little house; stifling regulation that crushes innovation and entrepreneurship such that the highest aspiration of the young is the fucking Civil Service 'Fast Stream'; and has let world-class manufacturing specialties wither away to nothing. Our only strategy is to import ever more third-worlders in an attempt to keep wages down and minimise the cost of services, including filling NHS vacancies with niggers who don't actually do any fucking work; whilst simultaneously pumping the property market.

To compound this, we're belligerently snapping at Russia and China, and commiting ourselves to the defence of an EU that is in return trying to bankrupt us and cutting us off from goods and services. Our geopolitical Grand Strategy is 'do whatever the USA wants us to', with absolutely zero thought given to whether we can afford it, whether we have a competent military (we don't), whether we are getting anything in return, and whether we have secured access to energy (we haven't).

As Hitchens says: I have never seen a more doomed country

>> No.51091152

>>51089811
How can I profit from this. Is there some euroe stocks I can buy puts on?

>> No.51091237
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51091237

>>51091095
>As Hitchens says: I have never seen a more doomed country

Considering Hitchens has been dead for over a decade now, well before Brexit even, this is really just a continuation of the usual British cynicism. Same shit, different day. Very tiring and unoriginal doomposting.

>> No.51091293

>>51090186
We're the Fintech and AI capital of Europe, we farm all the food we need, we sell fish, we sell oil, we could start selling coal again if needed. We can bounce back.

>> No.51091379

>>51090096
> "we need to raise interest rates to 20%!"
Good way of saying "im a fucking gay retard" without outright sucking on fenceposts

>> No.51091398

>>51090385
This post is filled with so much fucking misinformation and outright npc primary school beliefs that i'm not even going to finish reading lmao

>> No.51091408

>>51091398
It's demoralisation

>> No.51091479

>>51091237
There's another Hitchens. The English don't care about the Jew-Atheism alcoholic one.

>> No.51091493

>>51091095
I would have liked to call you a retard and seethe at you but this is unfortunately and depressingly, very true.

What's the best way to invest if you're a bong? I have $25,000 (USD, not bongs) in crypto atm. Keep it there? Alt coins, BTC? Boomer rocks? Everything seems like a losing move atm.

>> No.51091497
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51091497

>>51089811
If only there was a deflating, finite asset which where to protect my net savings from the corrosion of inflation while at the same time useful for borderless transactioning across the nations...
I don't have my savings on Fiat money. I don't give a fuck.

>> No.51091511

The British shouldn't really be compared to any existing nation, instead it should be compared to 19th Century Spain. And I think it's doing pretty well so far if that's the metric you decide to take.

>> No.51091530

All they have to do is legalise cannabis

They won't though because UK is the most stuck-up prudish country where old posh clueless idiots and stuck up women make all the decisions and fuck everyone over whilst leaving real crimes and bad people to roam freely

Absolutely disgusting hell hole

>> No.51091629

>>51091293
Not if Tories/Labour keep being retarded.

>> No.51091634

>>51091408
>>51091398
Cope. Look at the numbers you retards. We made money when we made things, is that such a novel idea?

>> No.51091662

>>51091293
Sorry lad, for a moment there I had to check the net because I thought I got transported to an alternate reality where the English voted no to Brexit.
Regardless, that's a funny fairytale you live in.

>> No.51091745

>>51091493
I have all my money in a dog coin which is somehow holding out better than expected because the liquidity is in USD

>> No.51091788
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51091788

>>51091497
gold?

>> No.51091826

>>51091479
Peter Hitchens is even less relevant than his brother

>> No.51091837 [DELETED] 

So what. Ukrainians are paying with their blood to protect us from raping orc hordes, a little price hike is the least of put worries and easily stomached given what russcism could do to Europe.
In any case it's retarded to blame the victim, this is primarily orcs behaving like orcs and reneging on agreed contracts. Should have never let that stupid uncivilized shithole into the international arena in the first place. After the fall of USSR there should have been an intensive dismemberment and decolonsation program including eugenics. They literally stole the glories of the 90s and our potential future from us.

Fuck vatniggers.

>> No.51091878

>>51091788
Gold isn't a viable asset for cross boarder transactions. Too expensive to move.

>> No.51091882

>>51091662
He's right though, no matter how much you cope and seethe over Brexit, EU simply does not have the infrastructure to take over the financial services London offers and the ECB is currently demonstrating quite nicely why the EU does not have the financial competence to ever be a fintech hub

>> No.51091954

>>51091837
>let's blame someone else for the problems we created
ah, yes, typical anglo

>> No.51092003

>>51090096
Now explain how the US is different

>> No.51092141 [DELETED] 
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51092141

>>51089811
>inflation
>climate change
>great replacement
>chinks rising up
So let's be real, are we gonna make it or is it really over?

>> No.51092144

>>51091882
>the ecb which oversees an economy that has about 50% lower inflation than the angloids do is somehow less competent than the BoE and the british financial system?
Lmao, you fucking anglo niggers deserve what you get, your hubris is insane. Your sheer arrogance and ignorance brought you into these dire straits but you can not admit that brexit was a mistake. It doesnt matter you are seeing it unfold. I am thinking of shorting UK markets.

>> No.51092197

>>51091837
>t. butthurt belter
yeah evil russians are the cause of all your problems

>> No.51092356

>>51090165
You forgot the part where they ship all adult males still producing testosterone to Australia and send the rest to get gunned down by the Germans twice.

>> No.51092360

>>51092144
your economy is going into the shitter also, kraut

>> No.51092469
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51092469

>>51092144
You say all this but come up with absolutely nothing to back your claims. What has brought us into this state? Maybe a fucking global food and energy crisis? You are sleepwalking into an even bigger disaster, buddy. BOE and the Federal Reserve have at least been raising interest rates to combat inflation. ECB took forever to finally raise interest rates to....0%. lol. lmao. Have fun dealing with all that Italian debt while ignoring the rampant inflation, you are monumentally fucked.

>I am thinking of shorting UK markets.
Do it pussy and post shorts.

>> No.51092858

>>51091095
Sorry anon. It sucks having the knowledge that your own country is doomed when most of your countrymen are completely ignorant and happy while they are going full speed into destruction.

>> No.51093098

>>51092469
>>51092360
>have 15% inflation, do a whopping 1% interest rate hike
>inflation going to 20% yoy, literally Turkey style
>we should do another 2% hike lol
the ECB doesnt have to hike rates as much, the entire thing is also not a monetary problem, its not demand but supply destruction, that's why the Fed rate hikes also dont help (inflation will be up massively in the coming months) so tightening credit for businesses to stay afloat is even worse as nobody can produce and add any value long-term. but keep coping angloid cunts, follow your mutt overlords

>> No.51093110

>>51093098
Still waiting for you to post those shorts

>> No.51093176

>>51089811
Frankly? The UK needs more diversity.
There I said it, what everyone thinks without having the guts to say it.

>> No.51093380

>>51091837
How much does nato pay you to write this complete bullshit?

>> No.51093418

>>51092003
The US is still the world's 2nd biggest manufacturer and one of the biggest agricultural powerhouses. Way more "real" economic activity besides spinning the finance industry funny money wheel

>> No.51093468

>>51092141
It's over because whites have abandoned God. It will be punishment time for a few generations at least.

>> No.51094223

>>51093176
finally, someone with some sense in this thread. UK should take the US pill and just start hoovering up the world's population and forcing a brain drain on all other nations.

>> No.51094387

>>51090096
>Argentina. A previously highly developed country
We were never highly developed, just rich. And spent it all on gibs and protectionism instead of actually developing the country. The UK still has a highly educated population and infrastructure to keep them going for several generations.

>> No.51094574

What happened bros
https://youtu.be/iJNXMK5VtG8

>> No.51094581

>>51091095
This, the UK is basically Netherlands but with undeserved pride and 0 high end manufacturing capabilities. Importing naturally corrupts and indians just compounds the effect.

>> No.51094685

>>51089811
It's all shit now, but looking towards the challenges of instability ahead;
We have a relatively secure supply of water, and at least the means to mitigate droughts if we invest in more reservoirs
We have a strong engineering base still able to conduct major infrastructure projects
We have reasonably good food production potential (yes I'm serious), as if farmed intensively with kent-style large greenhouses we could be self sufficient (but need water), we also have our fisheries,
We're small enough that we could connect our major cities with good high-speed rail,
We have a strong nuclear industry to create a secure source of power,
We have a very good renewable energy sector,
We have excellent maritime trade capability, and if the ice cap thaws even better,
We have excellent relationships with old empire countries,
We have a good aerospace sector,
We have a free and creative population,

But no government is looking to leverage these things and invest in them to allow us to not just weather the 2025-2050 turbulence but prosper from it. Every one of the aforementioned things is being run into the ground.

>> No.51094704

When do the riots and looting begin?

>> No.51094730

should have stayed in the eurozone :'( come back britbros

>> No.51094767
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51094767

>>51091837
They hated him since he spoke the truth.

>> No.51094778

>>51094685
>We have a free and creative population,

>> No.51094842
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51094842

>>51094767
Inb4 /pol/tards embarrass themselves.

>> No.51094884

>>51094778
relative to the rest of the world, the UK is still pretty good. even with the prospect of hideous inflation.

i sure as fuck wouldn't want to be in some washed up european no-name country when countries like france and germany decide that actually, suppressing internal dissent is more important than funding the EU welfare state.

i still think the best place to be today is, and will remain for quite some time, the US. and i dont see it changing any time soon.

>> No.51094913

>>51094767
this all reads like US glowie writing and it makes sense it would be promoted way back in march to get people onto the gravy train of supporting ukraine with sending billions of dollars and revving up the military industrial complex yet again, on the /k/ board no less (disclaimer before i get called out as a putin lover: in no way am I saying russia has done no harm)

>> No.51094921

>>51094778
Scientifically; yes. The problem is we seem to be used as an R&D outsourcing department and the moment something gets commercially viable the company gets bought out and shipped overseas.

>> No.51095026
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51095026

>>51090385
>>51090735
If Britain is first in anything it's the "finding out" part of industrial civilization
It was a land perfectly suited to it, so it happened there first
Britain has been deforested (by humans) for a good thousand years now, it didn't used to be "rolling hills", it was an entirely different environment but waves and waves of different peoples destroyed it, overpopulated this tiny island, and then had to think of a way to survive in an artificial world
Now they are finding out what that leads to and it's nothing good

When I think of Britain, much like when I think of Muttmerica, I think of an entirely artificial environment, either it's ugly cities built on top of ugly cities, or it's barren fields for miles only capable of supporting mammals as big as mice, maybe deer
The only difference is America hasn't burned through their natural beauty yet, though they have already destroyed the entire Ohio valley and much of the east coast, sadly they will still probably be able to go at this pace for 300 more years before burning out

>> No.51095118

>>51091095
Spot on

>> No.51095259

>>51091788
Digital Gold, yes.

>> No.51095358 [DELETED] 
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51095358

>>51095026
>muh Guns, Germans and Steel

Nah Anglos are just gifted genetically. Everywhere they go they create thriving countries.

Although to be fair France and other Western European countries are similar, it's more of a Western Euro thing, of which Anglos are a part.

Pic rel.

>> No.51095608

>>51095358
>percentage
>all of them add up over 500% each

>> No.51095974

>>51095026
>>51095358
It is certainly true in some instances: steam engines were known of for a long time but very inneficient and had to be used near a fuel source, so using them in coal mines worked well and created enough incentive for British inventors to improve them.

On the other hand Isaac Newton and his ilk were just born geniuses. You could stick a car in Nigeria with one missing screw and they still wouldn't get it working.

>> No.51095989

>>51095358
it's incredible the contradictionary contortions people will go through to prevent themselves admitting that whites are simply better.

>> No.51096121

>>51094685
We didn't learn the lessons from Japan on how to govern a successful island nation.

>> No.51096390

>>51096121
Step 1) no foreigners allowed
Step 2) deny everything
It was so simple, how did we fuck up?

>> No.51096619

>>51095259
red pill me on digital gold, can't they just rugpull me?
t. physical gold boomer

>> No.51096961
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51096961

>>51092003
Pretty simple, actually
>US is run by a man who lost his intellect to dementia
>UK is run by people who never had intellect to begin with

>> No.51097164

>>51094767
I mean this is also pathetic, you basically replaced an average /pol/incels rant about DA JOOS with DA RUSHIANS.

>> No.51097224

>>51094842
Also I feel I need to mentions this, /k/ screencap "owns" are the most mild overblown shit on this website which indeed leads me to believe that entire board is reddit transplants, worse than rural orange retard voting twitchsimps and bunkertrannies on /pol/.

>> No.51097881

>>51094767
>>51094842
/k/ is a faggot board for faggot posters, glowniggers somehow think it was an achievement to subvert but didn't realise it was because it had no culture or value in the first place and no one gives a single shit what s posted there. If your ideas had any merit they could survive outside your hugbox, and if le scary Russians had any influence then they would have subverted /k/ as well.

You are absolutely pathetic

>> No.51098624

>>51091095
you forgot importing 65 IQ disciples of saint Floyd that bring his teachings to Bond Street now!

>> No.51099679

>>51096619
No, you cannot. Unless the Internet gets shut down overnight, but we all know a full blown nuclear war will happen first before that.

>> No.51099692

>>51099679
they cannot*

>> No.51100884

>>51091095

This is not even close to reality.
“Just financial services”, as if it isn’t basically THE largest hub outside of the US. That’s enough to power an economy alone. You dont underpay that just because you dont like it. It’s also been that hub basically forever.
>no natural resources
Again completely wrong. Has one of the largest oil/gas reserves in the world in fhe north sea, lots of more under the country which cant be extracted yet but will be in the future(like with US shale), massive coal, silver and even gold deposits, and, in worst case ungodly peat reserves.
Additionally the sea to the east of Britain has basically the best wind dynamics in the wind for wind power generation whenever that starts to matter.
Britain is also one of the education hubs of the world, research and development hubs too.

The problems Britain face are entirely separate to what you are crying about. Their problems are political and regulatory. Its a bad situation and requires restructuring and a hit to living standards initially.

Britain is experiencing worse inflation than average because it has no nuclear power and not much regulation on energy bills. So consumers end uo paying the real wholesale price a lot faster and sooner than everyone else. In essence they subsidise places like france where the gov wont let power companies charge much. These same companies that operate across the EU charge Britain more to recover losses(because they can). Combined with a post brexit regular and tariff situation on goods and food and here is the answer.

Britain needs 5-10 years to work through this and it will have a good future. It is i a technocracy already. One of the most efficient and technology embracing governments in the world. Extremely easy to do business, gov services and finance within the UK. This is a major plus to moving forward. Compare it to somewhere like france, Japan or even the US.

>> No.51100945

>>51094767
/k/ is THE zogbot board, the board most dedicated to supporting and justifying everything that zogNATO wants. Clearly this is a glowie preaching to an easily led pack of zog retards to carry on the boomer cold war.
As long as NATO exists there can be no peace, we'd never allow Russians to grow strong

>> No.51100981

>>51090165
you clearly dont know shit about what England does to secure its wealth. That "no real economy" has huge mining and agricultural interests in Africa, South America and Australia.
>the absolute state of brainlets on this board hurts

>> No.51101097

>>51096619
They can 100% rugpull you. If it was actually an equivalent to gold people wouldn't be attempting to claim that no really it's just as good.

>> No.51101223

>>51091398
seems legit. You protect your domestic market so your people have something to do. Bongs have completely forgotten about producing stuff and think an island with a financial service industry in london can sustain 70 million people when they have no resources. LOL. Not going to happen.

Bongland has a BAD future ahead.

>> No.51101258

>>51091493
buy gold coins since there is a decent chance england will have a currency run within the next 10 years.

The eurozone is in bad shape but in my opinion the british pound is going to be in serious danger. With a huge country of nigs and pakis on welfare there will need to be endless money printing and I predict that won't last very long.

remember, inflation comes from money printing. UK has high inflation already because of money printing. The endgame is currency crisis. BUY GOLD NOW

https://www.youtube.com/watch?v=ZlnLvLDP4Zg

>> No.51101283

>>51092144
why would brits want to share a currency union with people like you that hate them? You prove the brits right in seeing the eurozone as a den of snakes.

>> No.51101611

>>51092141
it was over in 1945
that was the last dice roll of the white race before we settled into our place as well fed zoo animals

>> No.51101735

>>51095358
heard a wild hidden history theory recently, stating that after Rome and other civilizations fell ~300-500 AD is when Jesus ruled with his disciples for 1000 years. they were showcasing a lot of old world castles and extravagant architecture during that time. not sure but some things seem plausible when you consider that jews have hidden true history and its called the dark ages by ((them)) because they often invert holy things

>> No.51101762

>>51101735
>>51095358
so then you come the the supposed explosion of technology and brilliance across europe building the modern societies starting around 1400

>> No.51101796
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51101796

>>51091293
>we farm all the food we need
No you don't, enjoy your inflation

>> No.51101925

Don't forget the UK government is currently paying $2.7 billion a year to pack thousands of illegal immigrants into hotels and pay for their food

>> No.51102036

>>51090735
This post is 100% correct.

>> No.51102178

>>51091293
>w-we grow our own potatoes guys! Iiit's true! maccies said so! look at the farmer how much he's smiling in the picture!

>> No.51102707

>>51091479
calling mother Teresa a cunt was kinda based though