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I suggest you look at the news
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While the free market world has been busy,being free markets for the last 20/30.
China was busy,building up raw material supply lines,and buying key companies,they bought A.I.M in Oxford,cos their processors where in every phone. It’s like medieval war,surround the castle and starve them out. China can now surround the west and starve them out. |
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That is a myth, Japan used to be the world’s supplier of cheap goods where are they now? Even China is trying to transition away from them
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But the crazy thing is that the countries that have the highest wages (UK and USA) have the lowest unemployment rate and the highest number of job vacancies. China is still a Communist country. No Chinese "company" can move abroad without approval from its Government.
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Come on now sage, you know that the UK 'unemployment rate' is completely fake. The 'economically inactive' adults of working age is a much more accurate figure, them see what happens if part time jobs weren't subsidised by the taxpayer.
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Economically inactive rate between 1971-2025 averaged 23%, last yearly data was 22% so failing to see your point here.
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There's no way the methodology to calculate that in 2025 is consistent with 1971. Where's the actual data?
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Tradingeconomics.com, but I guess you’ll find a reason for not believing it.
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Japan did produce affordable consumer goods but good quality eg electrical/electronic goods, automobiles, etc. Japan is also a democracy with a much smaller but aging population.
China is not a democracy but with a massive young hard working population; Chinese goods are cheap eg Temu, Shein, etc, and do not last. The Chinese are renowned for producing fakes in huge quantities sanctioned by the Chinese government. Japan was humiliated in the 2nd world war. However, China has aspiration of world supremacy economically and militarily. |
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Since the ww2.
You’re technically starting from a blank page.to re build a system,society etc. So the 50 s was all nationalisation,as people demanded stuff after fighting a war,the spoils. Then that lead to the 60s ,a boom of freedoms ,etc. In the 70s all these workers demanded more pay,better conditions,strong unions. 80s ,thatcher broke this,and privatised everything,making people fend for themselves. 90s,was the boom of this new privatisation,with a good chancellor,brown,using the money to good use. Then austerity,because of dot com crash,9/11,other countries like China becoming bigger. This lead to in work benefits,which millions get,these people aren’t inactive,but are on benefits.plus the usual 22% inactive.plus more pensioners wanting money and health care. To keep feeding all this,it’s like a Ponzi scheme,you need new entrants coming in to pay for it,but no one wants migrants,protectionism is the new way,trump. Capitalism is coming to the end of its shelf life. |
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Tradingeconomics.com, but I guess you’ll find a reason for not believing it.
Not really. If someone quotes statistics without citing the source, I like to interrogate it myself. |
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well I hope most of you guys holding stocks kept calm took advantage of that opportunity!
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either allow a professional fund manager to manage your money or invest in companies for the long haul. Too late for me to move to another strategy now but I am taking profits each year at the crazy low CGT allowance of £3000 whether you made that gain over 40 years or 40 minutes. I shall be cashing in £3000 profit in the next few days and the same every year until I am out of the market. Rachael's next target will be managed ISAs no doubt and I will be in the same hole again with some hefty capital gains in managed ISA funds. The recent falls are painful but only take us back to 18 months ago. However they have barely kept pace with inflation for 20 years and taxing gains over 20 years is a tax on inflation which is outrageous.
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Cider09 Apr 25 21:14Joined: 29 Aug 02 | Topic/replies: 61,634 | Blogger: Cider's blog
There's no way the methodology to calculate that in 2025 is consistent with 1971 I would guess the methodology is pretty similar and put simply i'd imagine the "economically inactive" figure from the 1970's consisted mostly of mothers & housewives. If you remember, before Thatcher destroyed the fibre of society and family, a man could earn enough to support a family and have his children brought up properly by a parent. |
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Obviously hardly anything is consistent with 1971. 'Fake' non productive jobs didn't really exist then. I had a dig around but the ONS is so hard to navigate, it seems that the figure now is calculated using sampling of survey data.
Multiple governments have manipulated the 'unemployment' figures, they are watered down by moving people on to different benefits and 'studying', and wasting on the public purse. The figure I'd like to compare in the number of adults of working age, and the number/proportion of them employed productively in the private sector. |
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Cider10 Apr 25 10:03Joined: 29 Aug 02 | Topic/replies: 61,643 | Blogger: Cider's blog
The figure I'd like to compare in the number of adults of working age, and the number/proportion of them employed productively in the private sector. What would be the point of that if you don't consider or acknowledge the massive change in the role of women in society and in the workplace during that period? The structure of society has changed beyond all recognition since 1971, particularly for women. |
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It's not black or white, but a lot of the non productive jobs are taken up by women.
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All the drama up at Brum, the people who sort it out eventually and finally clear up and collect all the refuse are unlikely to be women. If you eventually get the pot holes filled up on your local roads, unlikely to be women doing the filling. If Labour (lol) build the 1.5 million homes in this parliament they've promised, it won't be women laying the bricks.
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And the fcukwits who’ve been refusing to collect the rubbish for months are non-productive men.
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My understanding is that 'they' are trying to make being bin men an equivalent job to the 'easier/softer' roles that women tend to gravitate towards, in pay terms anyway. And that's the root of the dispute.
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Dived in to entain and sold late today to claw some profit back as it’s very uncertain markets still, not got into bitcoin yet microstrategy as that still moving around a lot but longer term should be ok, but it’s quick in and out at the moment, yes I know she says it a lot
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1st time poster Joined: 25 Dec 05
Replies: 5671308 Apr 25 12:12 if their was one person in the world doing ok out of a stockmarkets crash you new it wouldn't be buffet,soreos etc doing ok ,we all new itt would be CIDER from the Betfair forum LaughLaughLaughLaugh Crash ? 1st time poster 08 Apr 25 12:15 america has 4 x the size population of Vietnam ,Vietnam average wage is about $4,000 a yr,and these FOOKING loonies in the Whitehouse want a level trade deficit with Vietnam, THEIR ALL FOOOKING BARKING 1st time poster 08 Apr 25 17:51 a joint annuity hammers your monthly income and if you die after 5 yrs the spouse left gets nothing, so wheres the peace of mind ? I could have turned my pot in to an annuity this yr happy enough with the income for a single annuity ,but if something happens to me the pension dies with you joint annuity,index linked, are to penal for those with pots of say 200,000 and below 1st time poster Joined: 25 Dec 05 Replies: 5671308 Apr 25 17:59 a sipp that's already been crystalized and in drawdown ? 1st time poster Joined: 25 Dec 05 Replies: 5671309 Apr 25 14:19 200 .300,400 doesn't make any difference the tariffs ran out of rope with China at 34%,54 to 74 in total, the rest is just handbags,Chinese market went green overnight despite $104 tariffs, of course soya bean farmers in USA will be going out of business and wanting bailouts from TRUMP so that's bailouts trillion on defensive spending next to nothing on tariffs as he has 0% dealls or imports slow down USA debt repayments rising THE DON just can't stop winninng expect him to start a war or something big in next week,no Chinese,EU,Canadian,OZZ, planes rushing to washington 1st time poster Joined: 25 Dec 05 Replies: 5671309 Apr 25 16:56 ELON MUSK were told has the most brilliant mind in the world ,don't they think that ELON and 1000,s of brilliant business minds before him looked at onshoring their businesses in to USA ,using only American made parts, THERES BILLIONS OF $ reasons why they didn't,but dumbo maga morons no better 1st time poster 09 Apr 25 16:57 I can help USA out with this one I no a country who owns 90% of the Earth's rare minerals the Americans will need for their onshoring LaughLaughLaugh Show me the money ? xx |
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Time for a big one month pause. Its now clear that its usa v china not usa v whole world
My portfolio is now about 5% down for the last 12 months, which is wholly manageable. I think the markets will recover myself. Like during covid, its Dont panic mr manwearing time. It does give investors an important reminder though. Always keep at least one years expenditure in cash, especially if you can get 4% return on it as of now.thats allows you to ride out inevitable periodic corrections. |
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fwiw I'm moving [almost] everything into sterling mmf. I sense things are about to get pretty messy. debt roost coming chickens to home mountain. there is no ultimately safe hiding place, mmf is about as good as it gets imho
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reading about footballers in parliament sayingt they were groomed in to investing in to get rich quick schemes by investor,s and it wasn't about TAX AVOIDANCE,Danny,Murphy,Brian Deane to name 2, MURPNY who ended up with a 2.5 mill tax bill for investing in a FILM PRODUCING TAX AVOIDANCE SCHEME,he actually borrowed a MILLION QUID from coutts bank to invest in the scheme,
if he didn't think it was a tax avoidance scheme he must have a real love of FILMS to borrow a million to invest in the, must have been gutted when these film producers never produced a single film, DO YOU THINK HE EVER ASKED ANYONE WHAT WERE THE NAME OF THE FILMS HE WAS INVESTING IN surprised coutts lent him the money must have thought he was good for the repayments hit him with a nice high borrowing rates and had a giggle between them as he left the room |
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its better than it was 3 or 4 weeks ago ,bought more in the dip but not as much as id have liked.
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Entain up to 919 today with news about bet mgm record profits and more expected, strange game as in April they were 500, so it’s the gambling question cash in or hold, forecasts say 1100 and talks of a bid but that’s just speculation, still price way down from the peak of the draft kings bid think that was 2100 or about
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