Is The Economy Just Now Falling Apart

[Myles O'Reilly]

"And in another controversial move, the commission recommends that the level of agriculture and business relief from CAT tax should be changed. Under this relief, the market value of a qualifying property or farm is reduced by 90pc when calculating the tax on a gift or inheritance. The commission wants this reduced to 80pc, arguing that such a change would still exclude the majority of farms from the tax."

 

[Deleted member 1]

Young people face risk of ‘substantial’ reduction in the amount of money parents can leave to their children tax-free​

Young people face risk of ‘substantial’ reduction in the amount of money parents can leave to their children tax-free

There should be a “substantial” reduction in the amount of money parents can leave to their children tax-free, a Government-appointed commission on taxation has recommended.

www.independent.ie

I hate these thieving bstrds so much.

 

[Declan]

Rocky day ahead now

 

[Declan]

Bad start to the day with stocks, bonds, oil, metals and bitcoin all down big. The dollar up against the other dead ducks .

Dow down 850 with 5 long hours plus left in trading today.

 

[Myles O'Reilly]

52
56
62
57

Miles per gallon over last 4 tanks.

So I'm averaging precisely 57mpg (47US).

I'll take that. Depending on what way he drives and what he's hauling around I'd say Val's Caddy gets up into the mid 40's.

Latest tank 56mpg.

This aul bus is very consistent.

 

[Declan]

I am on16 mpg

 

[Myles O'Reilly]

Don't worry Sir, its not as bad as it sounds. 16 US = 19 imperial MPG

Don't think I'd be able to fit Jake and his snake into the Corolla anyhow.

 

[Declan]

Both Jake and Diamond Dallas Page the following day

 

[Myles O'Reilly]

Big lads. Was Damien in the boot?

 

[Declan]

Trunk. No boots here. I could fit an Austin A40 in my trunk.

 

[Myles O'Reilly]

Yeah but Damien's longer than an Austin. More slippery too

 

[Declan]

I was one of 13 squeezed to an A40 one night from Salthill to a houseparty in Newcastle. A lad snuck in a finger and the boyfriend blamed the wrong lad.

 

[Declan]

It is coming up in an hour to the announcement of the latest Fed move.

In the meantime both the euro and English pound are continuing to fall. The euro now gone below 99c.

So get used to huge electric bills. What doesthewoman in Roscommon do after paying 19k this month. What about next month.

We will see complete collapse in the next 60 days as the cold comes in. Maybe in as little as 10 days as we get into October.

 

[Declan]

^TNX has surged +5.64% to $3.7080. Check it out on Yahoo Finance: https://finance.yahoo.com/quote/^TNX.

Interest rates again skyrocketing today is smothering the metals and indeed stocks as well.

 

[Declan]

Euro at 97c and the pound at 1.09 down 3c.

Pretty huge moves. Just wait til it gets cold .

 

[Declan]

Euro at 95c, pound at 1.05.

When does the panic begin???

 

[scolairebocht]

I think the air of panic is now beginning to build, specifically the Bank of Englands intervention today has that air about it. If it fails in a few days, as I think it will, you will see at least some panic.

I don't know when but definitely all currencies will implode, in a sequence ending with the dollar, sometime before 2030 anyway.

 

[Idi O'Min]

I think the air of panic is now beginning to build, specifically the Bank of Englands intervention today has that air about it. If it fails in a few days, as I think it will, you will see at least some panic.

I don't know when but definitely all currencies will implode, in a sequence ending with the dollar, sometime before 2030 anyway.

No shit, Sherlock.

 

[Declan]

I think the air of panic is now beginning to build, specifically the Bank of Englands intervention today has that air about it. If it fails in a few days, as I think it will, you will see at least some panic.

I don't know when but definitely all currencies will implode, in a sequence ending with the dollar, sometime before 2030 anyway.

Maybe by the 30 of September, we ain't going to get to 2030.

Just taking federal debt. When Trump took over it was 19.7 trillion. Now it is 31 trillion

 

[Declan]

The woman before me!!!!