[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 1010 KB, 3000x2500, A97CBB0C-12F6-413E-A80A-8735663AF73E.png [View same] [iqdb] [saucenao] [google]
19700162 No.19700162[DELETED]  [Reply] [Original]

the crappy remains of britains completely wrecked economic prospects will be utterly destroyed in 3 months when the second wave of covid19 hits and causes another mass shutdown of all economic activity in the UK. compounded with the isolating effects of brexit which i wholeheartedly supported and campaigned for because I knew it would completely destroy the loathsome and putrid so-called country of britain which disgusted me so much, will cause the macro economy to completely grind to a halt. everything british from its companies shares, its real estate, and its currency will become worthless as investors head for the exits like rats from a burning ship. the people of britain will be left scrabbling around in the dirt looking for food and shelter while their material wealth completely evaporated.

The U. K. government can only fund itself if yields on gilts are miniscule. If yields went to even 5%, they'd have to cut something as large as the NHS, or pensions. But if they went to 20%, which, at this point, is the bare minimum which free-market price-discovery would make them, the whole system would collapse. No schools. No hospitals. No pensions. Nothing. Everything would come tumbling down. This is because the amount of debt they have is simply enormous. They only keep yields low by money-printing, so the state of affairs is temporary--it can go on for a few more years at best. Either they pull the plug now, and the whole country falls into oblivion, or they keep inflating the currency for a few more years to suppress yields until the pound is destroyed-and then the whole system collapses. expect the second, far worse hyperinflationary collapse. when there's anarchy and mayhem in the streets, you won't even be able to own a gun to protect yourself.

>> No.19700172
File: 101 KB, 785x731, 15785485732652.jpg [View same] [iqdb] [saucenao] [google]
19700172

>>19700162
>the crappy remains of britains completely wrecked economic prospects will be utterly destroyed in 3 months when the second wave of covid19 hits and causes another mass shutdown of all economic activity in the UK. compounded with the isolating effects of brexit which i wholeheartedly supported and campaigned for because I knew it would completely destroy the loathsome and putrid so-called country of britain which disgusted me so much, will cause the macro economy to completely grind to a halt. everything british from its companies shares, its real estate, and its currency will become worthless as investors head for the exits like rats from a burning ship. the people of britain will be left scrabbling around in the dirt looking for food and shelter while their material wealth completely evaporated.
>The U. K. government can only fund itself if yields on gilts are miniscule. If yields went to even 5%, they'd have to cut something as large as the NHS, or pensions. But if they went to 20%, which, at this point, is the bare minimum which free-market price-discovery would make them, the whole system would collapse. No schools. No hospitals. No pensions. Nothing. Everything would come tumbling down. This is because the amount of debt they have is simply enormous. They only keep yields low by money-printing, so the state of affairs is temporary--it can go on for a few more years at best. Either they pull the plug now, and the whole country falls into oblivion, or they keep inflating the currency for a few more years to suppress yields until the pound is destroyed-and then the whole system collapses. expect the second, far worse hyperinflationary collapse. when there's anarchy and mayhem in the streets, you won't even be able to own a gun to protect yourself.

>> No.19700184
File: 16 KB, 633x758, 6CB78EA7-BF8B-437C-8D00-487F1A490221.png [View same] [iqdb] [saucenao] [google]
19700184

the crappy remains of britains completely wrecked economic prospects will be utterly destroyed in 3 months when the second wave of covid19 hits and causes another mass shutdown of all economic activity in the UK. compounded with the isolating effects of brexit which i wholeheartedly supported and campaigned for because I knew it would completely destroy the loathsome and putrid so-called country of britain which disgusted me so much, will cause the macro economy to completely grind to a halt. everything british from its companies shares, its real estate, and its currency will become worthless as investors head for the exits like rats from a burning ship. the people of britain will be left scrabbling around in the dirt looking for food and shelter while their material wealth completely evaporated.

The U. K. government can only fund itself if yields on gilts are miniscule. If yields went to even 5%, they'd have to cut something as large as the NHS, or pensions. But if they went to 20%, which, at this point, is the bare minimum which free-market price-discovery would make them, the whole system would collapse. No schools. No hospitals. No pensions. Nothing. Everything would come tumbling down. This is because the amount of debt they have is simply enormous. They only keep yields low by money-printing, so the state of affairs is temporary--it can go on for a few more years at best. Either they pull the plug now, and the whole country falls into oblivion, or they keep inflating the currency for a few more years to suppress yields until the pound is destroyed-and then the whole system collapses. expect the second, far worse hyperinflationary collapse. when there's anarchy and mayhem in the streets, you won't even be able to own a gun to protect yourself.

>> No.19700193

It’s not just Britain. Pretty soon, everyone is going to start to realize that there is way more paper fiat than there is stuff, and the whole world will start trending towards Venezuela.

>> No.19700194
File: 11 KB, 336x437, 84D95D77-410B-467B-A687-3FC82796638D.jpg [View same] [iqdb] [saucenao] [google]
19700194

the crappy remains of britains completely wrecked economic prospects will be utterly destroyed in 3 months when the second wave of covid19 hits and causes another mass shutdown of all economic activity in the UK. compounded with the isolating effects of brexit which i wholeheartedly supported and campaigned for because I knew it would completely destroy the loathsome and putrid so-called country of britain which disgusted me so much, will cause the macro economy to completely grind to a halt. everything british from its companies shares, its real estate, and its currency will become worthless as investors head for the exits like rats from a burning ship. the people of britain will be left scrabbling around in the dirt looking for food and shelter while their material wealth completely evaporated.

The U. K. government can only fund itself if yields on gilts are miniscule. If yields went to even 5%, they'd have to cut something as large as the NHS, or pensions. But if they went to 20%, which, at this point, is the bare minimum which free-market price-discovery would make them, the whole system would collapse. No schools. No hospitals. No pensions. Nothing. Everything would come tumbling down. This is because the amount of debt they have is simply enormous. They only keep yields low by money-printing, so the state of affairs is temporary--it can go on for a few more years at best. Either they pull the plug now, and the whole country falls into oblivion, or they keep inflating the currency for a few more years to suppress yields until the pound is destroyed-and then the whole system collapses. expect the second, far worse hyperinflationary collapse. when there's anarchy and mayhem in the streets, you won't even be able to own a gun to protect yourself.

>> No.19700338

Why do you hate on UK so much? What happened? Were you ditched by some Scottish girl?

>> No.19700424

Great thread

>> No.19700942

based. fuck england

>> No.19700963

>>19700162
UK = City of London = British Upper Class serving Global Elite

>> No.19700994

>>19700162

You've taken my post from the last thread and butchered the language somewhat. >>19688726 This is the original.

"I'm not so much concerned about the immediate future, as the inevitable, hyperinflationary collapse. The U. K. government can only fund itself if yields on gilts are miniscule. If yields went to even 5%, we'd have to cut something as large as the NHS, or pensions. But if they went to 20%, which, at this point, is the bare minimum which free-market price-discovery would make them, the whole system would collapse. No schools. No hospitals. No pensions. Nothing. Everything would come tumbling down. This is because the amount of debt we have is simply enormous. We only keep yields low by money-printing, so the present state of affairs is temporary--it can go on for a few more years at best. Either we pull the plug now, and the whole country falls into oblivion, or we keep inflating the currency for a few more years to suppress yields until we destroy the pound--and then the whole system collapses anyway. Politicians will always try to fob the problem off on the next government, so expect the second, far worse hyperinflationary collapse. The consequences will be blamed on capitalism, rather than socialism and central planning. Labour will probably get in, and then the real hell starts. And when there's anarchy and mayhem in the streets, you won't even be able to own a gun to protect yourself."

>> No.19701135

>>19700193
>Bro venezuela had nothing to do with them being the lowest IQ population in South America trust me bro

>> No.19701149

>>19700162
>>19700994
I'm guessing this is happening by design to get brits begging to adopt the euro in a few years.

>> No.19701173

>>19700172
>>19700184
>>19700194
Remember to report these people for trolling or spam

>> No.19701657

2 paragraphs, 2 fucking paragraphs

>> No.19701765

>>19701149

None of this is particular to the U. K.; it's simply the same kind of financial mismanagement which you have in all Western economies, as well as Japan. All of us are heavily indebted; all of us struggle on merely by borrowing money, and suppressing yields with Q. E.; and all of us are going to collapse together.

>> No.19701824

>>19701765

(As proof of which: Public debt as % of GDP is 87% in the U. K., 86.8% in the E. U. In the United States, it is 82.3%; in Japan, it is 223.8%.)