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Curiouser and Curiouser
A month or so ago a new stock was launched on the Chinese (Shenzen) stock exchange. The price is up by 1600% which is quite a lot by any standard. The unusual thing is the chart of the price: As you may be able to see, the stock jumps up each day in price and then flattens out. This has happened each and every day since…
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The Election Section: Get Your Crystal Balls Out...
A bit of fun.... And I'll preface this with the admission that I've put very little time into thinking about it, and had a few glasses of a rather tasty single malt this evening, so my Crystal Ball may be a tad foggy..... But on May 8th I think the likeliest outcome as of today is that Cameron will still be PM. Here's…
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Totally the wrong place for this but...
Hiya all :) . Big waves from an auld resident. I will get stuck in to the threads in a moment but before then, can I tap into your not inconsiderable expertise. Where and how is the best place to sell painted furniture. Tell me to eff off if you wantI'll just ignore you ;) ...
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Which party has the most popular policies?
Thought this might be interesting. Based on 572,200 completed surveys Labour win on: Health Economy Welfare Immigration Environment Lib Dems win on Education Democracy GreenParty win on Crime UKIP win on Foreign Policy Overall: 1st Labour 2nd Greens 3rd Lib Dems 4th UKIP 5th Tories…
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House Prices: New Record High - Nationwide +1% MoM +5.3%YoY
http://www.bbc.co.uk/news/business-32510370 :beer::beer:
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Please ignore
(Moderators- please delete)
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The MSE Debate House Prices Manifesto
Even the most partisan of us would probably admit that there is an awful lot in the manifestoes of the party we support that is economically and socially illiterate. I was wondering if we could reach any consensus on a 'sensible' core set of policies that we could all support or at least accept as part of an overall…
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Nationwide: House prices up 1% in April
Nationwide: House prices up 1% in April (just noise), and 5.2% (more notable) YOY http://www.nationwide.co.uk/~/media/MainSite/documents/about/house-price-index/Apr_2015.pdf
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Cameron promises new law to ensure three major forms of taxation can't be increased
For five years. So the chancellors hands will be tied and unable to increase Income tax, VAT and NI. Talk about desperate. It all feels so slap dash. Pointless too because another law can be passed to veto that law, other taxes can be raised to increase overall taxation level and the moment they get round the coalition…
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EU Mortgage affordability rules - should we be protected from our own stupidity?
The EU are enshrining and 'enhancing' the mortgage affordability rules: http://www.moneysavingexpert.com/news/mortgages/2015/04/mortgages-warning-EU?_ga=1.187603176.1912725516.1413061559 Currently the rules can be waived for those with an existing mortgage so that they can get a new rate when an intro deal ends rather than…
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Economic growth slows to 0.3%
UK GDP grew by 0.3 % in Q1, way below expectations of 0.6%. This is what the Tories feared since the 'economic recovery' is the cornerstone of the parties agenda. This can't help their election prospects. http://www.bbc.co.uk/news/business-32493745
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Scholars in Crashonomics
http://www.bbc.co.uk/news/education-32480360 Interesting. Global crash is now included in a new economics A-level. It's a pity they didn't use the opportunity to coin a new phrase (they can have "crashonomics" free :) ) Does this try to formalise and define the problem too tightly? I have this feeling we are still living…
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The Mash 'who to vote for' test
this could probably be used more accurately than most of the policy guides to predict actual voting behaviour. Alas! http://www.thedailymash.co.uk/features/the-mash-who-to-vote-for-test-2015042797753
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Miliband pledges to scrap stamp duty to woo first time buyers
according to FT https://pbs.twimg.com/media/CDi6G2yW0AEjQr7.jpg not sure if I agree to be honest even though I own a first time buyer type of home. It will probably inflate the market more, so it doesn't help the buyer much. The lost revenue will also have to be made up from somewhere as well.
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Would you support or oppose proposals for the government in introduce a “rent control
I'm interested in how people on this board would reply to this question.
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Taking the Fun out of Funeral
http://blogs.wsj.com/chinarealtime/2015/04/23/chinese-government-says-please-stop-hiring-funeral-strippers/ No more pall dancers then....
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Milliband promises rent controls
On the 10pm news at the moment. Labour will prevent private rents from rising faster than inflation. Except they won't as the policy is that you can agree a market rent at the start of the tenancy and then only up it by inflation (didn't say which measure) each year. Did say that extra security of tenure would be…
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Generali's ANZAC Day Quiz
Well tomorrow marks the 100th Anniversary of ANZAC day so I thought I'd do a quick quiz, based on a Podcast I heard today. Three questions. The questions regard all people across the world, not just rich people or European people. Everyone from Melbourne to Mogadishu to Manchester. 1. What proportion of kids are vaccinated…
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National debt going up £5000 per second
Just thought some people on here needed a reality check... http://www.nationaldebtclock.co.uk/ Government debt is now rising at £5000 per second, UK finances have not even come close to being balanced to anything like it needs to be. Every day we are putting off the inevitable day when we need to roll our sleeves up and…
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Can you argue against the greens?
You might think it will be quite an easy task to argue against a Green party spokesperson. So I put something to you... Today, locally, I heard someone from the Green party stating that when it comes to housing, the mainstream parties are "doing the same thing and expecting a different result". By that, he meant relying…