prices aint budging

dopester

tradetime wrote: »

In Jewish and Islamic religions the pig is considered an unclean animal as laid out in the old testament the bible. (but that's getting way off topic)

Yes - what better way to get a sweeping message, with an element of fear to it, across hundreds of miles of country, than to issue a religious warning of it being an unclean animal. And maybe true to extent pork meat isn't easy to keep in hot countries. Much simpler than the difficult task of explaining water needs to be conserved for the population growth.

Maybe it was in the old testament as well (collection of many tales especially that region), but still holds true that countries with plentiful water don't have the pig/pork taboo. I'll drop it too though.

WTF?_2

dopester wrote: »

Yes - what better way to get a sweeping message, with an element of fear to it, across hundreds of miles of country, than to issue a religious warning of it being an unclean animal. And maybe true to extent pork meat isn't easy to keep in hot countries. Much simpler than the difficult task of explaining water needs to be conserved for the population growth.

Maybe it was in the old testament as well (collection of many tales especially that region), but still holds true that countries with plentiful water don't have the pig/pork taboo. I'll drop it too though.

I agree with you - lots of religious customs in Islam and Judaism seem to be based around practical matters. I get the impression that religion was used to get the message across in simple to understand terms in 'ye olden times'.

pickles110564

Generali wrote: »

I hope your investments don't end up like Dunwich!

It's a lovely part of the world, a good place to live. I couldn't stand the commute to London for my work though.

It shows why you are such a sucess in life, not many not from round here would know about Dunwich.
I could not work in London, to many people, stupid charges for being able to drive your car and to expensive property.:rolleyes:

clobber_2

Lovely fish and chip shop in Dunwich. It is falling into the sea though.

Actually, I haven't been there for so long I wonder if the chippy has fallen into the sea.

tradetime

More worrying signs on the inflation front.

LONDON (Thomson Financial) - UK gilts slumped after producer price data reinforced market expectations that the Bank of England will not be cutting interest rates any time soon and may, like the European Central Bank, start actually talking about higher rates.

The office for National Statistics said output prices on a non-seasonally adjusted basis jumped by 8.9 percent in May from a year earlier. This is the highest since comparable records began in 1986 and shows that manufacturers have been passing on higher costs into their prices.

The reading is way above forecasts for a more moderate increase of 7.8 percent and compares with a rise of 7.6 percent in April.

The news will alarm rate-setters at the Bank of England and will raise fears that these sharply pipeline inflationary prices will soon feed through into consumer prices. The headline CPI inflation index already stands at 3.0 percent, way above the BoE's target level of 2.0 percent.

'We have pointed out before that the relationship between PPI and CPI inflation is not mechanical and that much of the rise in factory gate inflation is likely to be absorbed in retailers' profit margins,' said Jonathan Loynes, chief UK economist Capital Economics.

'But the increases are now so large that at least some portion of them looks likely to work its way into the high street, even if retail sales slump,' he added.

Figures Tuesday morning are likely to highlight the dilemma facing rate-setters. The British Retail Consortium's monthly survey into the high street is expected to show that retail sales dipped for the third month running in May, while a report into the housing sector from the Royal Institution of Chartered Surveyors is expected to make for further grim reading.

At present, the markets expect the BoE to keep borrowing costs on hold for some months to come, as inflation continues to rise further above target.

However, most Bank watchers think the rate-setting Monetary Policy Committee will be compelled to respond to the deteriorating economic conditions by authorising a quarter point rate reduction in the Bank Rate to 4.75 percent towards the end of the year.

Source http://forexfactory.com/news.php?do=news&id=90717

WTF?_2

tradetime wrote: »

More worrying signs on the inflation front.


Source http://forexfactory.com/news.php?do=news&id=90717

There may be trouble ahead.... :whistle:

Should be interesting to see how the population react to inflation. In particular, will they push for higher pay or put up with getting steadily poorer?

Against higher pay: Unions have generally been neutered over the last couple of decades (not in the public sector though....) , people are up to their necks in debt and can't afford to lose income through striking and of course - many businesses based on selling goods and services to other UK businesses/consumers simply won't be able to afford to pay higher wages.

For higher pay: In areas like the public sector, Unions should be able to force the taxpayer to stump up through strike action. Exporter based industries should be able to afford higher wages as sterling slumps and they do more business with countries whose currency appreciates relative to the pound. Once the handbrake of wage caps is off and inflation is running away, why not pay more and just pass the costs on to the consumer who is now conditioned to paying more week-on-week? Plus, people who face simply not being able to make ends meet might decide they have no choice other than to strike for more pay.


One thing for sure, it certainly will be one almighty mess and we have a generation of 18-35 year olds who are in the main completely unprepared for what is about to happen.

Generali

pickles110564 wrote: »

It shows why you are such a sucess in life, not many not from round here would know about Dunwich.
I could not work in London, to many people, stupid charges for being able to drive your car and to expensive property.:rolleyes:

Very kind.

I ended up there by mistake one time. Mrs Generali and I were looking for one of those lovely Suffolk seaside towns with pastel pink houses and good fish and chips washed down with a half of Adnams.

The first time we ended up in Great Yarmouth which wasn't quite what we were looking for. I think 'Great' is ancient East Anglian for 'Dreadful'

The second time we discovered Snape and ended up staying in the pub for a couple of nights where we went for lunch. We went for a drive the next morning and I saw a sign and had vaguely heard of Dunwich but couldn't think why so we popped along to see if it was an interesting place. It was if you like that sort of thing. Which I do.

Conrad

dopester wrote: »

Don't mean to offend any religious people, but that's why the elders of both desert people (Muslim and Jewish) made them taboo imo - using an alternative but simple religious taboo to get the message to their people.

Homosexuality was similarly tabooed by shamans and priests of almost every culture. The tribe leaders needed a message that ensured the breeding of as many people as possible to further and protect the tribe.

My greatest wish would be for religious types to read up on anthropology and psychology rather than blindly adhering to ancient texts cobbled together over centuries by men with strong vested imperitives. Would end much conflict around the world. :T

dannyboycey

clobber wrote: »

Lovely fish and chip shop in Dunwich. It is falling into the sea though.

I bet they have the freshest fish in town! :rotfl:

neverdespairgirl

dopester wrote: »

Don't mean to offend any religious people, but that's why the elders of both desert people (Muslim and Jewish) made them taboo imo - using an alternative but simple religious taboo to get the message to their people. The valuable and limited water available in those desert regions, sustaining and growing population.. much needed for improving society and to give defence in numbers against from foreigners - instead of for pigs. Also I guess pork meat is more likely to spoil or become diseased in storage in hotter desert countries. In all other countries where water is plentiful, there is no real religious taboo on pork.

AIUI, it's more due to the fact it goes off so fast; Kosher food also excludes shellfish, whcih are a bit risky for food poisoning.