Electric Blue⚡️💙

@MotoNutJob I didn't notice the little crack. Best replace it to be on the safe side then.

@Only9built Ummm

Good morning Friday so it's takeout day for most Except this tenant who very much left it in (cheap little fan heater)

@melindiscott Promotions and increased pension contributions all round!! Pass the biscuits.

@Only9built There will be zero consequences won't there

I assume the next bit of journalism is going to be about who hired this person, what has happened to them, and how they are going to make sure nothing so ridiculous happens again?

@DominicFrisby Nailed on.

Oil Broke the System Never mind the dodgy mortgages, oil spiking to $150/barrel in July, 2008, just before the panic set in, was as big a cause of the Global Financial Crisis. The price rise was like a sudden, unexpected liquidity drain on the economy. The US economy is built on oil. Costs suddenly rose across every supply chain. Disposable income was sucked out of households. Corporate margins got squeezed and inflation expectations rose, effectively tightening financial conditions, just as the system needed liquidity. Funding costs then rose and collateral quality deteriorated. In a system already stretched with cheap credit and thin margins, highly leveraged institutions and ordinary borrowers were simultaneously pushed over the edge. The structure was fragile and it only worked in a low energy, low rate world. Subprime may have been the trigger, but the energy shock had already destabilised the foundations. In short, the oil price tightened financial conditions before central banks did. This is not a one-off As Charlie Morris observes, there have been three major oil shocks - in 1973/4, 1980 and 2008. In 1973 the US was dependent on Arab nations for most of its oil, and shortly after the Egypt-Syria alliance suddenly declared war on Israel, oil-producing Arab nations imposed an embargo on any nation that supported Israel. “You can support Israel or have cheap oil, but you can’t have both,” the Saudi Arabian king had said on US TV. The oil price went from $3.50 to $10. It would eventually peak at $40 in 1980. I was only a little boy in the 1970s but we lived in South Kensington and I remember how many Arabs suddenly moved to the area, many of them with a great deal of money. My step-father ran a business in Belgravia selling modern Italian furniture and his clientele changed almost overnight. Hundreds of billions of dollars, previously in Western bank accounts, now made their way to the Gulf in a transfer of wealth like no other. Next came the Rolls Royces, the racehorses, the Harrods shopping sprees (indeed Harrods itself), the mansions, the public school educations, the City petro-dollar recycling trade and yes the over-priced, glitzy Valentino furniture. London would never be the same. And what impact did those years have on markets more generally? The 1970s were horrible, unless you were long commodities. The low reached in 1982 was so extreme that it marked one of the greatest long-term buying opportunities ever known. 2008 had its own consequences, not least the end of the City as a main player in global finance, followed by the general decline of London. It might not feel that way today with oil at $100, but we are still a long way from the extremes of 1974, 1980 or 2008. What is 2008’s $150 oil in today’s money? I consider CPI a bogus measure, but using money supply instead (M2), the equivalents look like this 1974: $10 oil ≈ $150 1980: $40 oil ≈ $360-440 2008: $150 oil ≈ $375-450 In the context of those extremes $100 oil does not look unreasonable The sub-$60 prices with which we began this year now look extraordinarily cheap. I don’t think we are going back to them any time soon. I’m also not saying we are going to those comparable numbers above. I merely show them for context. In terms of where we are going, I think Charlie has it right when he says, “We should assume that $100 oil implies a slowdown, $150 a recession, and $200 a depression”. $200 is not impossible if this war carries on.

@ROBANDTHEMOB @TBrit90 @ToyotaMotorCorp Which one is the SE-London Edition?

@TBrit90 @ToyotaMotorCorp #HiLux as chosen by successful militants worldwide

Retiring before a replacement has been chosen as usual.

@rawlimark @melindiscott I still like "Interior & Exterior Redesign Artist"

@raymasseytweets @DailyMail @DailyMailUK @thisismoney @rollsroycecars @RollsRoyceMedia @rollsroycemcna

Rolls-Royce scraps plans to go all-electric by the end of the decade Read my report in print and online @DailyMail @DailyMailUK @thisismoney @rollsroycecars @RollsRoyceMedia @rollsroycemcna #luxury #lifestyle #automotive #politics #EV Click: dailymail.co.uk/money/markets/…

@siegmund1979 Yes!!

A momentous day yesterday.

@Alexchaispotrop All jobs are toxic😀

Gimme their names

@TheMichaelEvery Good morning Michael.

2026, day 79 Good morning from Asia. ‘US-Israel strikes have destroyed Iran’s ability to enrich uranium, Benjamin Netanyahu says’ (FT) - “Israeli PM suggests war will end ‘a lot faster than people think’”; ‘Iranian Strikes Take Big Toll on Qatar’s Ability to Export Gas’ (WSJ) - “Netanyahu says Trump asked Israel to hold off on future attacks on Iran gas field”; ‘PM Netanyahu: Iran at its weakest thanks to US, Israel cooperation, regime change possible’ (JPost); ‘Saudi Arabia threatens strikes on Iran’ (Telegraph) - “Riyadh ready to retaliate against Tehran after attacks on oil and gas sites send energy prices soaring”; ‘Iran’s most powerful weapon is not a drone, missile or mine’ (Telegraph) - “U.S. and Israel are fighting not only the Islamic Republic – geography is their enemy, too”; ‘U.S. War Planes and Helicopters Kick Off Battle to Reopen Hormuz’ (WSJ) - “The effort has taken on new urgency nearly three weeks into the war with Iran…” “Leading European nations and Japan issued a joint statement on Thursday saying they were ready to join appropriate efforts to ensure safe passage through the Strait of Hormuz and would take steps to stabilise energy markets” (Reuters); ‘Trump praises Takaichi, saying Japan is ‘stepping up to the plate’ on Iran’ (Japan Times); ‘US reportedly detects drones over Washington base where Rubio, Hegseth live’ (Reuters); ‘Trump’s Iran War Frays Ties With Allies as Oil Prices Surge’ (WSJ); ‘Iran MPs propose tolls on shipping through Strait of Hormuz’ (Al Arabiya); ‘Netanyahu wants oil, gas to flow through Israel post-Iran war’ (Reuters); ‘Denmark was ready to blow up Greenland runways if US invaded’ (FT); ‘EU leaders fail to unblock €90B Ukraine loan’ (Politico); ‘Bart De Wever jokes EU is becoming more like Belgium’ (Euractiv); ‘‘Hamas or us’: Former Commission vice-president calls on Turkey to choose’ (Euractiv); ‘Taiwan’s All-Hands-on-Deck Plan to Fend Off China’ (WSJ) - “A civil-defense movement gains momentum across the self-ruled island”; ‘Australia-New Zealand alliance hints at fresh warship win for Japan’ (Nikkei Asia); In geoeconomics, ‘Jeff Bezos in Talks to Raise $100 Billion for AI Manufacturing Fund’ (WSJ); ‘Japan, US unveil up to $73bn 2nd round investment in reactors, gas power’ (Nikkei Asia); ‘World Bank Embraces Industrial Policy, Abandoning Three Decades of Stigma’ (WSJ) - “The bank’s previous advice hasn’t aged well, its chief economist said”; ‘China offers to help Southeast Asia counter impact of Middle East war on energy supplies’ (SCMP); In politics, ‘DOJ, White House Clear Way for Pirro to Keep Powell Probe’ (BBG); ‘James Comey subpoenaed in alleged "grand conspiracy" against Trump’ (Axios); ‘House GOP welcomes $200B Pentagon request to jump-start reconciliation 2.0’ (Axios); ‘‘Just shocking’: White House enlists SpongeBob to sell war at home’ (AFR); ‘French far right’s success in Champagne buoys presidential dream’ (Politico); In markets, ‘Prices for oil, fuel cargoes smash record highs as Iran war chokes Middle East supply’ (Reuters); ‘Oil Declines as US, Israel Seek to Ease Concerns Over Iran War’ (BBG); ‘Saudi Arabia Sees a Spike to $180 Oil if Energy Shock Persists Past April’ (WSJ); ‘Trump administration says it is not considering oil export ban as prices surge’ (FT); ‘U.S. weighs lifting Iranian oil sanctions to keep price in check’ (Axios); ‘Beyond the fog of war: The real energy Armageddon is just beginning’ (AFR) - “The Middle East conflict could disrupt global energy markets for months, maybe years. But zoom out. The mayhem has been building for decades and won’t end when the fighting stops”; ‘SEC urged to restrict Chinese companies’ access to US capital markets’ (FT) - “Fear of national security risks and investor protections spurs rare bipartisan call for action from financial regulator”; ‘What’s Behind the Selloff in Gold and Silver’ (WSJ) - “Precious metals become latest victim of rising inflation expectations”

@TheMichaelEvery Still, Rule Britannia eh!

This would only increase the need for global sea power all over.

@TheMichaelEvery It's not fair!

It is. Who has provided it to all for free until now?

Alfa Romeo TZ3

Friday. Something for the weekend Sir?

@ramuellert Morning Squire👋

I'm still crap at this...😂 My version of Space Invaders...With Cars. If anyone wants the URL just shout.

@MadgeOrrity Use the machine in the pub.

@Only9built No thanks. Got any johnnies though?

@Shiv_who_burns And of course for da Laydees😃

@Only9built Ahem