Bones

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Bones

Bones

@Boness_10001

live fast forever | revel in chaos | top ~1% globally for mathematical/cognitive ability among my generation

Bedford, England Katılım Ağustos 2010
21 Takip Edilen40 Takipçiler
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Bones
Bones@Boness_10001·
At the end of the storm, there's a golden sky #YNWA
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Lisa Abramowicz
Lisa Abramowicz@lisaabramowicz1·
The "Liz Truss moment" of 2022 has turned into the UK's political reality, with 30-year yields soaring to their highest levels since 1998 and the pound weakening. "No matter who is in power, no matter their political leaning, there does not appear to be a credible plan to restore the country’s finances." bloomberg.com/news/articles/…
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The Figen
The Figen@TheFigen_·
Greatness doesn’t need arrogance…
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michelle
michelle@michelleakin·
i am once again recommending that you make these potatoes, they have changed my life.
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Nature 🦜and Music 🎶
A baby otter at a British sanctuary, who was initially afraid of water, gradually becomes accustomed to it and learns to dive thanks to a device devised by zookeepers that requires it to enter the water to catch fish.
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Rachel Reeves
Rachel Reeves@RachelReevesMP·
These are tough election results for Labour and I’m sorry to all of those colleagues who have lost their seats. Keir Starmer won a mandate to change our country. We must get on with delivering that mandate - and show how politics can improve people’s lives for the better.
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Bones
Bones@Boness_10001·
I don’t think so. My take is yields are up because the market has less confidence in UK ability to repay its debt. The housing market is stalling and likely to decline, unemployment will rise (AI impact on predominantly services economy), more households (already >50%) will be net receivers of benefit rather than payers of tax. There will be a financial collapse worse than 2008 before the end of 2030.
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Casino Capital
Casino Capital@CasinoCapital·
Can't remember the last time I heard a good word said about the UK economy or £, so here's a different take: Maybe yields are up because the market is pricing in economic growth 🤷‍♂️ FTSE has outperformed S&P since both Starmer and Trump were elected. Not so bad. Taxes are up, but maybe it shows a commitment to not letting debt get out of control (unlike US). You can pick 200bps into Bunds, GBPEUR should be flying, not stuck around the same ~1.15 it's been at for years Would be nice to see Cable grind higher too, pick 50bps+ to Treasuries, need it to shake off the decade-long post-Brexit lethargy and properly catch a bid. We might be led by donkeys, but maybe this is the worst it gets...sunlit uplands ahead. 🇬🇧
Mohamed A. El-Erian@elerianm

Some may feel I’m dwelling on this, but I am concerned for the health of the UK economy. The yield on the 10-year gilt has climbed 12 basis points today (see the CNBC chart below), decoupling from both oil prices and yields in other advanced economies—both of which are currently lower. Meanwhile, the 30-year yield has just hit a 28-year high. #economy #markets #gilts #uk

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Jim Bianco
Jim Bianco@biancoresearch·
*UK 30-YEAR YIELD CLIMBS TO 5.76%, HIGHEST SINCE 1998 -- On September 27, 2022, the 30-year UK hit 4.99%. This was so intolerable that UK Prime Minister Liz Truss was forced to resign. Today, the UK's 30-year yield is 77 bps higher.
Jim Bianco tweet media
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SS
SS@sshxbt·
top 5 CNBC clips of all time
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Barstool Sports
Barstool Sports@barstoolsports·
GOLDEN TEMPO WENT FROM LAST TO FIRST IN THE KENTUCKY DERBY THIS IS WHAT IT’S ALL ABOUT!!!
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Bones
Bones@Boness_10001·
Have a look at this
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Bones
Bones@Boness_10001·
Let’s go China 🇨🇳
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Bones
Bones@Boness_10001·
@cmwrawcliffe How do you know his business is paying people a wage they cannot live on?
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Catherine Rawcliffe
Catherine Rawcliffe@cmwrawcliffe·
If you can't pay people a wage they can live on, your business is subsidised by the state. And that's NOT a sound business model. The economically illiterate person is you, pretending to be a good businessman while expecting others to support you through their taxes .
Peter McCormack 🏴‍☠️🇬🇧🇮🇪@PeterMcCormack

A minimum wage of £15 would end my coffee shop, it would have to close, as would many other businesses. I’ll explain for the economically illiterate. Staff costs are currently half our costs, a £15 minimum wage is actually more than £15 an hour for the company, because you have to add: - 12.07% holiday - Sick pay - Maternity pay if and when required - National insurance - Pension contributions These costs would mean the shop loses money because remember, energy costs are up, rates are up, regulations are up. Now you can pass these costs onto the consumer - that would mean charging a lot more for coffee, people won’t pay it. The likes of Starbucks and Costa can, because they have economies of scale. The independent doesn’t. Now the little socialist will say well this is your fault, if you can’t run a business that can afford to pay its staff properly, but the little socialist has never run a business and does not understand the dynamics. Now I could pay some staff off and fill those hours myself or reduce us to one staff member during certain periods - but this proves the point that a minimum wage costs jobs. There was a time when these jobs were done by kids, perhaps on the weekend, paid a lower wage, no holiday and no silly employment rights. Perhaps they were even paid cash. The dynamic worked and small businesses like this could operate. It was also a great first job. Sadly now it isn’t worth employing entitlement youngsters at this level of pay. So alas, I don’t need the stress, the business would close, a number of jobs would be lost. Economics is about understanding these dynamics, no vibes. The cost of living is not solved through passing on inflation to the business, it is solved by ending high inflation and creating prosperity. This is what socialists don’t understand, they can’t create prosperity, they can only destroy it.

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Lee Zeldin
Lee Zeldin@epaleezeldin·
Nothing infuriates an uninformed Congressional Dem more than when they realize they voluntarily triggered a debate with someone who actually knows what they are talking about, reads federal statute and adheres to Supreme Court precedent. Today’s self-implosion by @rosadelauro was quite remarkable to witness. Without apology or regret, I will always adhere to the best available reading of federal statute pursuant to the U.S. Supreme Court decision in Loper Bright.
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Mor Edge Insight
Mor Edge Insight@MorEdge_Insight·
There will never be a day when this isn’t one of the funniest things you will ever see🤣🤣🤣
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TheBlaze
TheBlaze@theblaze·
Ilhan Omar gives a history lesson: “The last time the Alien Enemies Act was invoked it was used during World War ELEVEN.”
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Daniel Hannan
Daniel Hannan@DanielJHannan·
Every other government: “You don’t want us to pay to educate your children? You’re offering to do it yourself? Thank you. How can we make it easier?” UK Labour: “Evil toffs! Count yourselves lucky we don’t close you down altogether!”
Bella Wallersteiner 🇺🇦@BellaWallerstei

In Germany, if you send your children to private school, you can claim 30% of the tuition fees, capped at €5,000 per annum, per child as a tax deduction. Meanwhile Britain has become a country which punishes people for going private

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Andrew Neil
Andrew Neil@afneil·
UK 20% Muslim by 2050 is highly unlikely. Only 6.5% at the moment. But even if it reached 20% in 25 years time, how would that make UK ‘Muslim-controlled’. I appreciate you probably have no better grasp of simple arithmetic than your President (ie none) but, come on, how does even an unlikely 20% = control?
Americano y Proud@Free_ButNotFree

@afneil The UK will be Muslim-controlled soon. With up to 20% of their population being Muslim by 2050. Argentina should just wait and will soon just sail over and grab the Islands sooner than later.

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