Is The Economy Just Now Falling Apart

Declan

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There is millions going to be lost on this flip unless some fool comes along out of the blue.

The bubble is burst.
Tons of massive price reductions and the panic will be on in a few weeks when there is no Spring buying.
 

Mad as Fish

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No spring bu


There is millions going to be lost on this flip unless some fool comes along out of the blue.

The bubble is burst.
Tons of massive price reductions and the panic will be on in a few weeks when there is no Spring buying.
No spring buying in Ireland because there is very little on the market, just a few crappy cottages where the past inhabitants have passed on, interspersed with a few grander abodes, but the choice is very limited.
 

Coal Gas and peat

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There is millions going to be lost on this flip unless some fool comes along out of the blue.

The bubble is burst.
Tons of massive price reductions and the panic will be on in a few weeks when there is no Spring buying.
Is rent totally out of control and mortgages a total non starter in Massachusetts same as it it here ?
 

jpc

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Mad as Fish

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I was over at an engineering plant in the UK a week or two ago and was struck by the fact that it didn't even appear to be trying to be competitive, yes, there were the usual plattitudes about investment, but on reflection it was looking its age rather than looking forward. Selling the site to a housing developer would probably pay for a nice new factory in China.
 

Declan

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The inflation report today put the cat among the pidgens and saw interest rates go up nearly a quarter of a percent. The very slow real estate market will be even slower.
 

jpc

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I was over at an engineering plant in the UK a week or two ago and was struck by the fact that it didn't even appear to be trying to be competitive, yes, there were the usual plattitudes about investment, but on reflection it was looking its age rather than looking forward. Selling the site to a housing developer would probably pay for a nice new factory in China.
The huge issue.
Energy inputs are crippling.
Another issue and the real tell with such site's.
What's the Preventive Maintenence scheduling like?
Seen a few scary things when this is neglected on "costs basis "
 

clarke-connolly

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Declan

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We are going to see some week. And the following week, after taxes are paid in, then the debt will resume its climb quickly to 35t
 

Mad as Fish

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Energy costs and climate fuckwittery are biting deep in Germany -

Steelmaker Thyssenkrupp has announced a substantial production reduction at its site in Duisburg in western Germany, a step that will also lead to job cuts for its roughly 13,000 employees at the location, public broadcaster WDR reported. The country’s largest steelmaker said high energy costs and tight emission reduction regulation contributed to its decision to reduce steel output in Duisburg by about two million tonnes per year.

 

clarke-connolly

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Energy costs and climate fuckwittery are biting deep in Germany -

Steelmaker Thyssenkrupp has announced a substantial production reduction at its site in Duisburg in western Germany, a step that will also lead to job cuts for its roughly 13,000 employees at the location, public broadcaster WDR reported. The country’s largest steelmaker said high energy costs and tight emission reduction regulation contributed to its decision to reduce steel output in Duisburg by about two million tonnes per year.

America has Fucked The Germans = = The Germans were buying too much Energy from the Russians = = So the Americans decided to Fuck Up the Germans = = What-ever happened to Angela Merkel ? !
 

Declan

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Screenshot_20240415-232044_Finance.jpg


Looks like the Yen is the weak link. Down 10% in a hundred days. That is a sharp fall for a supposedly top tier currency
 

Myles O'Reilly

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Pakis and kebab men can beat that price but it's not great fish and they are useless at cooking it (hard , dry ,burnt)
You never know what the khunts are putting in it either.

In England they made a kebab out of a girl called Charlene Downes and fed her to her parents.
 

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