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/biz/ - Business & Finance


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22246481 No.22246481 [Reply] [Original]

Loans for mortgages just got out of reach for the working class, and half the middle class.

assuming 400K average house price in SE UK, what young person has 80-100K GBP for the downpayment demands now?
We're going back to some Land gentry victorian shit. Mot people will be unable to have kids and also build wealth/assets anymore.

>> No.22246571

>>22246481
Deagel foreceast the UK to have the greatest drop in GDP of any country in the world.

>> No.22246645

>SE UK
shithole.
3 bedroom semi-detached in nice area around 200k. Still a ridiculous reach if youre hoping for a 10% deposit mortgage.

Also buying fully finished houses is stupid. get a doer upper for much cheaper.

>> No.22246665

>>22246481
I hope the housing market pops soon

>> No.22246675

>>22246645

South east UK is nice you pleb

10% mortgage is gone lad. they want 20-25% minimum now

>> No.22246731

>>22246665
it wont.
the landlord market will only get bigger.

>> No.22246739

>>22246481
But Mohammed Mohmet Mehmet and his 3 child wives and their kids will be given free benefits, a house and mobility scooters and operations free from the NHS for all their inbred health conditions.

We're all in this together Harry, George and Andrew!

>> No.22246742
File: 244 KB, 1115x414, london.png [View same] [iqdb] [saucenao] [google]
22246742

>>22246481
Imagine being British
Like for real
Worst "first world country" to live in bar fucking none.
>no affordable housing
>no self defense law
>no guns
>no knifes
>full of niggers and shitskins
>retarded major for your most important city
>braindead majority who will literally fucking BEG for the government to take ever their rights
>clap for the nhs
>blm
>extinction rebellion
>congestion charge
>tv license
>41% white London
>pedo elite parliament
>soon 40% capital gain tax
>ugly as sin, rainy shit weather
>ugly woman
JUST

>> No.22246761

>>22246742
Yeah it's pretty shit

>> No.22246763

>>22246481
Late stage capitalism.

>> No.22246777

>>22246481
SE England seems like the absolute worst to live in, people go on about ‘Muh London, muh cultural quality of life’ it’s a fucking meme.

I live in N. Ireland and have my own home, a rental and a holiday home in Donegal for the money you’re talking about for one average home in the SE.

Now, I might not be able to go to Tate Modern every week or go see a black trans interpretative dance piece on patriarchy in the financial sector of a Tuesday night... but I’m guessing my quality of life is better.

TLDR, move somewhere else.

>> No.22246904

>>22246777

You know London is a tiny part of SE england right? Like, insanely small part of it

>> No.22247140

>>22246481

>live in north west
>bought big 3-bed detached house in 2016 for £170k
>comfy AF
>area is 99.8% white

Remind me why anyone would want to live in the south east?

>> No.22247425

>>22247140

I dont know why you would want to live in the UK if not SE or the south.

I'd rather just fuck off to another country in Asia or Europe if i wanted cheaper and i was location independant. Why brag about a $170k house in North England which shit weather and not much to do and ugly women if you could have a home for half even that in Europe with better woman, weather etc.

It's a weird flex.
Im English and live here but im fucking off somewhere else for cheaper rather than move north. it just makes no sense to do that imo.
Stay in South for the good parts of britian and apy the price or fuck off somewhere 100x better for your money if you want cheap.

>> No.22247491

>>22246481
The UK never had social mobility, nor should it.

>> No.22247522

>>22246675
>SE
fuck off, i don't want to live in your niggers infested shit, just move to the country side or even manchester has extremely cheap houses

>> No.22247533

>>22247491

It did for a brief period from around 1950-2000 imo.

but yes, i agree we are largely going back to how it was.

>> No.22247564

>>22246481
Me 1 week ago.

>> No.22247589

>>22247425
Oh he is retard, i see.
Well stay homeless.

>> No.22247643

>>22247522

You northern wankers are funny. It's like you don't think anything other than London exists.

Devon, Conwall, Brighton, Eastborne, tunbridge, Beaconsfeild, Buckinghamshire, many parts of Berkshire, Norfork...

all these places exist and are either 95% white, or have like 5% non white who are middle class or rich and well behaved. They just cost more. They also have good Links to London for that reason and you can actually do shit rather than live in shit weather with even more ugly women.

>>22247425
Like i said in this post, if you want good value, why even bother with the UK, its such a huge fucking compromise Just go abroad and get value + all the best parts you'd be compromising on in the UK for that with.

>> No.22247660

>>22247533
If it did it shouldn't have. I'm not a snob, i'm working class but the UK was always at its best with an entrenched class structure.

>> No.22247930

All the normies going crazy buying houses just now, every house I see is getting offers well over the asking price. Estate agents I've met at viewings say they've never seen anything like it.

Whats coming friends? I'm holding off buying and staying liquid for the inevitable crash.

>> No.22247996

>>22247930
its a sellers market though right now so yeah wait.

>> No.22248128

>>22247140
What part of the North West are you from anon? I reside in Salford, nice area

>> No.22248189

>>22247930

Basically this:

Number of properties someone could ge tin March with a 5-10% down: 1000
Average now: 60.

(jsut example numbers, but from what I've seen its an accurate proportion difference in people offering lending for that low down compared to before).

Normies have NO HOPE of getting a 20% down now. so the tiny pool of lenders offering 5%-10% downs on shitty homes are getting a HUGE pool of normies bidding them up as it's their only realy option, due to so few on the market with a low down..

thats why that shit is going way above market. Normies have no choice but to bid them up. its all artificial and to be honest its very fucking shady when you think about it in terms of regulation. Thatt said, normies are retards and it only takes thinking about what I just said for a few minutes to not be a retard and just wait.

>> No.22248212

>>22246481

This country is completely finished. I highly recommend a documentary made by MoneyWeek a few years ago called "The End of Britain." The libertarian economist Dominic Frisby is the narrator. It got millions of views before being purged from Youtube. A mirror is still up.

https://www.youtube.com/watch?v=og4YhOc2f2w&ab_channel=TheNatureOfTheCage

Peter Schiff talks about the dire state of the U. S. economy. Well, our situation is even worse than theirs. For example, we have even less manufacturing than they do; we are a nation of shopkeepers and baristas. We fund ourselves entirely by borrowing money at low-interest rates, which we achieve only by printing trillions of pounds for Q. E. Gilts now have a 0.15% yield, which means that we now have negative real yields, and the BoE is pretty much monetizing the debt. We also back our currency with dollars (U. S. treasuries), not gold. We have only 300 tons of it; Sweden has 120 tons, and one sixth of our population. We don't even feed ourselves. When the dollar and the global economy collapses soon, Britain will have absolutely nothing. The whole socialist system will collapse. No NHS, no pensions, no public schools. Nothing. We're finished. Everybody in the U. K. should be trading their pounds for gold, silver, and mining stocks (GDXJ/SILJ) as quickly as they can.

By the bye, the reason why houses are so expensive is Q. E. When you destroy all incentive to save, and add all incentive to borrow, you get these kinds of colossal asset-bubbles.

>> No.22248400

>>22248212

Yeah its shit mate, but think of countries like Japan. they had all those issues already and already did these "solutions" and they are fine. They maintained a quality of life for the most part.
They just adapted from a never ending growth model to a stable money policy.

>> No.22248446
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22248446

>>22246481
Should've taken the deal I offered.

>> No.22248500

>>22248189
That actually made perfect sense, the most well written and informative post I've ever seen on /biz/

>> No.22248810

>>22248400

Japan only hobbles on because they have a trade surplus. We don't make anything in Britain. Furthermore, when the whole monetary system collapses, Japan will collapse too. It manages to go on as a zombie economy, because the ponzi debt-based system around it is still functioning; but, when America goes, Japan goes with it, and so do we.

>> No.22248820

>>22246481
why would you like to buy a house in a country that is inevitably going to collapse?

>> No.22249129

>>22246481
>How cucked is the UK
brexit

>> No.22249283

>>22246742
Can't argue with that desu.

>> No.22249344

>>22248820
The government isn't the country or a people, or a way of life, anon. As long as there are Englishmen then there will be an England.

>> No.22249579

>>22246481

Source?

>> No.22249595

>>22248810
when will America go though, thats the question

>> No.22249822

>>22246742
you're british too aren't you mate?

>> No.22249973

>>22249595

Imminently. Could be any day now, especially because a banking crisis is coming soon. America definitely won't last more than a year or two. Real yields are now deeply negative, and every country on earth is dumping dollars and buying gold as fast as it can. The Fed is caught in a debt-trap, and will soon have to monetize all the debt. Everybody can see it. The U. S. has no choice between hyper-inflation or default. The countries of the world are simply trying to get in a seat before the game of musical chairs stops playing.

>> No.22250060

>>22249822
No I just lived there for a bit
Worst 3 years of my life

>> No.22250090

I’m sat on 85k cash waiting for furlough to end or waiting for the stamp duty holiday to end for the drop. Am I doing the right thing bros ?

>> No.22250158

>>22250090

Don't sit on that cash for a moment longer. Buy gold Britannias from a reputable dealer like Chards, Atkinsons, Bairds, etc., or put it into mining stocks like the GDX and SILJ indices. Your money is not safe in a bank. There is going to be a banking crisis any day now.

>> No.22250180

>>22248128

KEK. Im from moss side. Im surrounded by somalians. My ticket out of this hell hole is 10 bitcoins and 100k xrp.

>> No.22250192

>>22246481
400k for average house? where are you pulling these numbers out of your ass? houses aren't cheap in capitals in any country

>> No.22250205

>>22250060
I've lived here 4 years now. Soon my Phd will be finished.
Where did you move?

>> No.22250215
File: 1.21 MB, 2048x2048, A41870C2-AB3C-49FE-A693-2EE2FD553249.jpg [View same] [iqdb] [saucenao] [google]
22250215

>>22247643
>Brighton

>> No.22250251

>>22246481
euros will be in shortly to say 'hehe but atleast we arent merican mutts haha we have free healthcare haha we better than mutts haha'.


but in reality, euros, any. any. any. working class american can buy a home. own a home. generate generational wealth. anyone. i'm 31, i did it on a security guard's wagie wages lmao, and that's literally bottom of the barrel among wagies even.

>inb4 muh mutt
>inb4 muh healthcare
>inb4 cope

>> No.22250306

I lived in London for roughly a year but fucked off back to my socialist northern European country (I'd rather pay higher taxes than live in that shithole) after I realised that London is essentially an extension of the clownworld ponzi scheme that has been going on since 1971.

Notice how no one except bankerwankers and other shady but well-connected individuals are actually able to afford a comfortable life in London. There are rare exceptions but even tech has an effective salary cap of around 120k - meanwhile junior bankers earn that much just in base salary (with MASSIVE bonuses).

Anyone who is talented (and who isn't in finance) should seriously consider fucking off from London and going to Singapore or something. As the other poster said, the UK is dead and is currently only surviving due to its financial sector (which is in turn surviving on being a parasitical entity that supports itself through clownworld monopoly economics like QE and inflation).

>> No.22250382

>>22250205
Hungary

>> No.22250413
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22250413

>>22248400
Difference being that, after japan finally has fiscal collapse, they won't have to deal with violent balkanization because they haven't imported millions of 3rd world savages.

>> No.22250440

>>22248212
>low-interest rates, which we achieve only by printing trillions of pounds for Q. E.
Maybe I'm just a brainlet but this is the part at which I lose any understanding of what is supposedly going on. Doesn't the banking system we have basically sever the need for that link?
In which case what is even the need for QE at all? wtf

>> No.22250454

>>22250413
implying the browns arent going to just be target practice for rednecks lol.

>> No.22250548

>>22250382
And you're complaining abotut UK? LMAO

>> No.22250592

>>22250548
Yes
The UK is one of the worst countries to live in

>> No.22250608

>>22250440

All right, this is basically how it works:

The U. K. has no money. None at all. We're already bankrupt. We pay for our socialist welfare-state simply by borrowing money from foreign investors. We do this by issuing bonds, or gilts. Now, under normal circumstances, gilts would yield a 5, 10, or 20% interest-rate. But the U. K. economy would collapse if we had even a 1% interest-rate on gilts. That's how large our budget and asset-bubbles are. So we get the gilt-yield down by printing billions of pounds, and buying the gilts ourselves. The problem is, the lower the yield on gilts, the less incentive any real buyer has to buy gilts. So that means that the BoE has to buy even more gilts itself, which drives up inflation, which makes real yields go down, which makes gilts even less desirable to real buyers, in a vicious circle, ad infinitum, until, eventually, the central bank is the only one buying its own bonds--which leads to hyper-inflation. This is called a bond-market crash. We can never let yields on gilts go up again, they can only go one way--down. This is called a debt-trap. Being in a debt-trap is why the U. K. economy _must_ collapse. There is absolutely no way we can ever possibly get out of it. The U. S. is going to collapse for the same reason.

>> No.22250666

>>22246904
Shut the fuck up kek it's like half the country in terms of importance, population, wealth, etc. Massive fucking cope and I hate city fags

>> No.22250679

>>22250548
I agree with him. I'm from Italy though

>> No.22250681

>>22250251
>free healthcare
don't know who created this meme but healthcare is NOT FREE in EURO. only if you are broke and unemployed. otherwise mandatory around $150-400.

>> No.22250683

>>22246481
>looked at morgages
>40% down payment required
if you have that much money you might as well just save up and outright buy it skipping interest.

>> No.22250687

>>22250215
>51st state of US
Should have teamed up with Germans lol.

>> No.22250698

At least you don't speak German.

>> No.22250762

>>22246645
>get a doer upper for much cheaper.
If you do this be prepared to spend:
>£11k on a new boiler
>£4k to £??? Whatever ridiculous amount they quote you for fixing the roof
>£700 - £2.5k fixing the mold problem

>> No.22250822

The thing most people seem to forget about the South East, this is where the money is.
I purchased a 3 bed house in London 6 years ago for £400k at 29.
House is now worth over £600k.
Will continue paying for it for 2 more years then sell up and buy a house outright in the Midlands mortgage free and slave part time.

All this "muh its cheaper up north" . Yeah sure it is but its all about being able to downsize and have a better quality of life. Things are cheap outside of SE but wages are also lower so you'll be slaving forever.

>> No.22250838

>>22249973
so is bitcoin worth putting more gbp into then or gold??

>> No.22250944

>>22250679
My mates are from Italy. For most it's a flaming pile of shit if you have to live and work there.

>> No.22250948

>>22250608
>The problem is, the lower the yield on gilts, the less incentive any real buyer has to buy gilts. So that means that the BoE has to buy even more gilts itself, which drives up inflation, which makes real yields go down, which makes gilts even less desirable to real buyers, in a vicious circle,
Well that's the most lucid explanation I've read. Cheers anon.
And I guess I was right in my supposition that this is actually completely disconnected to the QE that gets taught, that of the government supplying banks with funding for additional loans

>> No.22250980
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22250980

>>22246742
I...
you..
Yeah that pretty much sums it up.

>> No.22251045

>>22246481
Shut up cuck, you don't have a right to own a house, that's what rent is for. In the old days people still struggled to buy houses on their 2p an hour wages

>> No.22251105

>>22246742
I must say you know alot about the country for assuming you aren't from here. The upsides are that our girls have a sense of humor

>> No.22251113

>>22246742
>>braindead majority who will literally fucking BEG for the government to take ever their rights
Ha, this. Last time we showed opposition to privacy infringement as a people was the ID card proposal about 2007.

>> No.22251145

>>22248212
Thanks for sharing fren, I really like Dominic

>> No.22251164

>>22251105
Where the fuck are you from? The girls here are brain dead. Albeit probably not as bad a as American.

>> No.22251201

>>22250838

either.
However, GBP is behaving strange lately. It's pretty stable and even rallied somewhat despite how fucking DIRE things are.

but to be fair, 1.31 GBP/USD is pretty gutter anyway considering the longer term, it was trading over 2.2 at one point and 1.8 only half a decade ago so it could be said it's already in the gutter and cant lose much more value.

The thing about inflation is, it's not really a number go down issue, its a EVERYTHING IS WORTH MORE issue. If all other currencies QE too GBP may not go down much against them but the costs of goods will rise a shit load so although GBP seems stable your wealth is going down.

Thats why if you buy BTC/GOLD/Stronks, your wealth may be stable or protected. It's exactly why i dont give a shit about the short term moves in these assets for now.

>> No.22251217

>>22251105
>our girls have a sense of humor

KEK but 90% are whales dressing like dolphins. disgusting.

>> No.22251252

>>22250762
11k for a boiler? Wtf are you heating mate, a fucking school?

>> No.22251265

>>22250440
Buy pressure on bonds pushes yields down - yields and price move inveresly

>> No.22251266
File: 220 KB, 1080x1053, 1599157648342.jpg [View same] [iqdb] [saucenao] [google]
22251266

>>22246481
I have 150k at 22, however I run my own business and I'm autistic as hell with my investments and saving etc.

For normies, its nigh impossible, my mates think saving 10k is a dream. LOL.

>> No.22251296

Has anyone thought about leaving the UK to work, buy a house, start a family etc? The only good thing I have going for me here is I make decent money as an IT consultant in the banking sector, so I want to move somehwere I can continue my career. Singapore looks quite appealing. Are there any other options?

>> No.22251312

>>22250838

I don't recommend putting any money into BTC. First of all because there are much better cryptos, but most importantly because, when we go off the dollar standard, we return to the gold standard. Central banks are hoarding gold, not crypto. Hence cryptos which are not gold-backed are unlikely to have any real purpose in the new monetary order.

>>22251145

You're welcome; I highly recommend his channels here in case people don't already know of them:

https://www.youtube.com/channel/UC0SCyBGeHX15hirOGbezkKQ

https://www.youtube.com/user/Frizzers

>>22250948

You're welcome. Yes; they lie about Q. E. We don't actually have any funds to give. All we can do is dig ourselves deeper and deeper into the debt-trap.

>> No.22251317

>>22246481
It's baked in to the plan. The BoE will fuck the UK hard over the next few years. Initially they will blame Covid19. They will wait for civil unrest and force us to vote in a pro EU government. Once we're back under EU control with stricter rules, then and only then will the money supply be released. Same plan as last time minus the fake virus. Property will get fucked as job losses rise.

>> No.22251322

>>22249344
>As long as there are Englishmen then there will be an England.
Yeah, won't be long now kek

>> No.22251329

>>22248212

BTW thinking about what you usaid about houses...

Don't you think that inflation itself also has to do with that?
Like, properties are going up and may go up even faster in massive QE simply because money is worth less. The land/home is worth the same or slightly more depending on demand at that moment.

>> No.22251356

>>22251296

The best places in Europe to live in that aren't meme countries (Spain, Greece, Monaco etc.) is Switzerland followed by any of the Nordic/Scandinavian countries. Taxes are high in the latter but aside from that the quality of life is truly stellar, especially if you earn good money.

>> No.22251396

>>22251296
Yes I've thought about it. You're in a way better situation than me. I'm a NEET up north and I, like most of you fellow bongs here, see no cultural future in this hellhole. Can you even imagine raising a son/daughter here? I outright refuse to do it. Anyway, I'm moving to south east asia and race mixing into a muslim family. I am fluent in Indonesian at this point. My kids over there will be raised in a traditional religious manner and be worshipped for being half white, so they'll have any easy time. As for me, if I can make enough money from crypto in the bull run I'll buy a house there outright after marrying my IndoLDRgf and live off my ETH 2.0 staking. Anyone with skills or a career is infinitely more capable of doing it than me, so chin up lads.

>> No.22251411

>>22250944
>For most it's a flaming pile of shit if you have to live and work there
At least we are not a self hating country

>> No.22251445

>>22251396
>worshipped for being half white
i think you mean bullied

>> No.22251494

>>22251329

According to the Austrian economics definition of inflation, which is "an expansion of the currency supply," Q. E. is itself inflation. So, yes, inflation is the reason why house prices are going up. It goes like this:

1) Yields on bonds are pushed down artificially by Q. E. This means that savers have a lower and lower rate of risk-free return.

2) Again, real consumer price inflation is 5-10% per annum, hence people need somewhere to put their cash, which is constantly being eroded.

3) As they can't buy bonds, because those have had ridiculously low and, now, even negative yields, they buy houses instead. This is why we have a housing bubble. Intelligent investors, of course, should be buying gold and gold mining stocks instead, which are still undervalued to an enormous extent.

>> No.22251521

>>22247930
Will be no crash,
however, the only thing they are signing is an agreement to wage slave for the next 25 years.

Good luck to them. Thats all normies do anyway, its disgusting.

>> No.22251542

>>22251445
nah I've lived in Indonesia for 6months in the past, I can tell you they'd be extremely popular. Very easy life for them. Of course if they were born here in the UK it would be more difficult for them... Or would it? At the rate of demographic change we're seeing here maybe they'd be more normal to see than a white person in 20 years time.

>> No.22251571

>>22250180
Hope it works out for you anon

>> No.22251673

>>22251312
>Hence cryptos which are not gold-backed are unlikely to have any real purpose in the new monetary order
What cryptos do you hold fren? XRP?

Thanks for the youtube channels, I'm already subscribed

>> No.22251685

>>22251494

All makes sense to me.
The only problem is how long it really takes for it to be popular knowledge - OR for a collapse.
Essentially betting against their ability to kick the can. I do own Gold btw i agree.
Gold would be 10k an ounce if everyone knew this.

However, maybe they can kick that can another 20 years? who knows. Thats my worry about being to heavy in gold and not in stonks. Cash is pointless tho.

Also, I like to Look at a Japan. After all, they some how managed to kick that fucking can for 20 years. Sure their stock market never recovered, and sure, the BoJ owns most bonds and Japanese stocks. But Deflation? Japanese goods have cost the same for fucking decades in Yen.
They may not have had economic growth inflation based economy, but they sure managed the art of stagnation and creating a stable steady quality of Life for 20-30 years.

I guess it has to collapse eventually, but, when? What kind of financial trickery magic can they come up with to kick that can for another 2 decades? can they employ Japan tactics? Can they do something new?
It blows my mind but this is my biggest concern as someone looking to make the most out and protect wealth. CAn they just kick that can for a while longer?

>> No.22251809

>>22251685

>However, maybe they can kick that can another 20 years? who knows.

Absolutely no way that this can happen. In 2018, stocks crashed 20% when the Fed allowed yields to go to a mere 3%. They were forced to re-start Q. E. again, which is when gold started its present bull market. Then we had the 2019 repo crisis. Now we have trillions printed and Q. E. infinity, and the stock market is just barely holding its own--it constantly wants to crash. We have P. E. ratios of 1000 on companies like Tesla. There has never been a stock-market bubble like this in all history. And unlike the gold miners, these tech companies have no earnings. They are going up simply because of the greater fool theory. People buy them because they think they will keep going up. That isn't sustainable. No bubble can go on forever. The debt and leverage are so great that even a 1% yield would now crash the market. We already have de facto yield-curve control--the Fed won't allow the yield to go above 0.75%, because it knows what would happen. We already have -10% real yields according to real inflation (John Williams' ShadowStats and the Chapwood Index, not the CPI). Soon we'll have -20%, -30%--and then comes the inevitable bond market crash, complete monetization of the debt, dumping of the dollar by all foreigners, and the collapse of our entire monetary system.

>> No.22251858

Moved here from Croatia to work in fintech.

I was truly appalled at the state of housing in London. People living like rats inside mouldy shitholes with fucking carpet in the bathrooms and paying £800 for the privilege.

And it's not just old flats either. People who live in expensive new built blocks also complain about how flimsy everything is.

I'm probably moving in 2021 and buying an apartment back in Zagreb without a mortgage from my savings.

>> No.22251877

>>22251685

P. S. To address the case of Japan, see this post. >>22248810 Japan has a trade surplus, and survives only because it has America and the rest of the world to prop it up. America makes nothing, and survives only by printing dollars. When the rest of the world dumps the dollar, America has nothing. There is no America to be for America what America is presently for Japan. And Britain is in just as sorry a state as America is.

>> No.22251932

>>22251809

fucking scary shit man. Imagine living in that. I would think the chaos would be so great that even owning Gold mining stocks mean nothing - brokers would not keep their promise and allow you to realise any gains, or even give ownership of the stock. Could we even have faith in the order of things and law in that environment?
Hell the government may even make owning gold illegal again.

>> No.22252050

>>22246731
We're five months away from the largest crash, famine, bubble pop and complete collapse of society in all of human history, simply because there's never been this many humans IN history before, and you're still under the impression that this isn't the end of a cycle?

JFC, there are still people alive today who remember the financial collapses during the end of the Eastern Bloc, anon. People still alive today have gone through the complete gutting of economies and the complete sale of everything valuable in a country to a few individuals with the liquid capital to buy up everything in Bosnia, Czechoslovakia, Ukraine, Yugoslavia and so on.

The landlords will die, like they do at the end of every cycle, and new landlords will be elected based on how well they snap up all of the free real estate for pennies on the dollar once their peers are ruined. Just like in every other cycle.

>> No.22252103

>>22250158
the 85k is limit for fsc protection so that amount is safe, but not safe from brrrrrrr

>> No.22252143

>>22250180
fuck man, i live in manc too, thats the first places i think of when i think of rough as fuck areas. You have shootings and shit there.

>> No.22252148
File: 50 KB, 860x574, hsm.png [View same] [iqdb] [saucenao] [google]
22252148

>>22251932

If you own a gold mining company, it's as good as owning a house. The shares are your property. The broker is merely an intermediary. If a broker could take your miners off you, you would be living in a communist state with no property rights. It wouldn't surprise me if Britain went that way, given how bad our collapse is going to be; but then, in that case, even owning a house wouldn't do you any good. But yes, people shouldn't put all their gold investments in one place. People should try to have:

1) Some coins in their own hand (Britannias are best, because they are CGT-free);

2) Some allocated or segregated bullion held in private vaults overseas (Goldmoney, BullionVault, PHYS/PSLV on the stock market, OneGold, and GoldSwitzerland are good for this);

3) Some gold mining stocks.

When the U. S. government confiscated gold in 1933, and the U. K. confiscated gold in 1966, gold mining stocks were left untouched, as was overseas bullion. Homestake Mining, the ancestor of Barrick Gold, which is in the GDX, and which Warren Buffett just bought, rose 500% during the Great Depression.

https://goldsilver.com/blog/how-would-gold-perform-in-a-second-stock-market-crash/

>> No.22252184

>>22252050
>landlords will die
Not really, plenty of UK boomers have paid off mortgages. They can ride it out.

>> No.22252185

>>22252103
I’m going to start spreading it out once I hit 85k in one place

>> No.22252190

>>22251858
How much will an apartment in Zagreb set you back?

>> No.22252210

>>22251877
>When the rest of the world dumps the dollar...
America will become an Empire. Because the only thing they really have is all the military power in the entire world. All of it, and that's no exaggeration. Every other country, save for perhaps China, relies entirely on either the de-facto fear of MAD preventing a war (China, Russia) or simply isn't relevant in a war (Everybody else).

Simple fact is, the moment everybody drops the dollar is the moment America goes out in force to collect on the debts of the entire world population, because they have no choice but to either conquer everyone, or be destroyed. And they'll do it, too.

Motivated self-interest is the most powerful force in the universe, and a subverted, corrupt America thriving on media dissonance isn't the same as an America that has to fight all other countries to the death in order to survive.

>> No.22252218
File: 707 KB, 801x724, 1599152943752.png [View same] [iqdb] [saucenao] [google]
22252218

>>22249973

>> No.22252250

>>22252190
Well it depends on the location but I budgeted about £80-100k.
I have £60k and I currently save £2.5k per month.

I'm also considering building a house in the suburbs if WFH becomes a permanent thing (I'm a code monkey)

London is just awful value for money. You have to be on oligarch money to make it here. And the fucking leasehold system is literally feudalism.

>> No.22252252

>>22252148
What crypto do you recommend?

>> No.22252254

>>22250251
your salaries are noticeably higher in the US for the same work. There is a stark difference for most people.

One thing though the healthcare really is a fucker over there. I could have 7 figure net worth and some bad luck with health and im bankrupt in a couple years if that. In countries with healthcare this just wouldnt happen

>> No.22252324

>>22252254
>One thing though the healthcare really is a fucker over there
Not if you're employed.

>I could have 7 figure net worth and some bad luck with health and im bankrupt in a couple years if that. In countries with healthcare this just wouldnt happen
If you had a 7 figure net worth you would pay for some kind of insurance (assuming you're retired and not a wagie) which would prevent this.

>> No.22252337
File: 219 KB, 1302x774, romcoinage.jpg [View same] [iqdb] [saucenao] [google]
22252337

>>22252210

There's no way that America could win a war with the entire rest of the world. It struggled even in Iraq and Afghanistan. The casus belli would also make the thing impossible. "We're going to invade you all and make you accept our worthless paper dollars, so that you can work hard for us and give us all your goods and commodities in return." It would literally be a war fought to enslave the rest of mankind. Even Americans wouldn't be willing to fight that war. No, America will collapse, just as the Roman Empire did when it debased its silver coinage. You need money to field an army.

>> No.22252342
File: 25 KB, 734x170, its_ogre_.png [View same] [iqdb] [saucenao] [google]
22252342

>>22246481

>> No.22252351

>>22252148
Stupid question but..if the banks collapse, what good are stocks? How would you be able to sell them?

>> No.22252370

>>22246481
uk is one of the most cucked countries on earth atm since they swallowed the bluepill hook line and sinker

>> No.22252392

>>22246675
>25% downpayment
I hope you are merely jesting my fellow bong. If true, there goes my dream of retiring in the souf.
t. stuck in the norf

>> No.22252406

>>22246742
Makes sense why anglos created such a vast empire, they just wanted to live literally anywhere else lol

>> No.22252416

>>22252337
Irregular wars of politics are not the same as a war in which the goal is to conquer all other countries, anon. You don't bomb population centers into dust and then immediately execute or imprison all leaders in a nation during an irregular war, but that's the kind of war coming along - complete and Total War, of the sort not seen on Earth since the late stages of the first World War. One where it is no longer about painting a map, but exterminating a population in order to become dominant in an area.

Once the gloves are off, and America has no choice but to kill everyone who won't bend the knee, or be picked apart by foreign creditors, they're going to choose Option A. And yes, they can do it. You only need to change the premise of the war from 'Make Money' to 'Kill as many people who aren't ourselves as possible'.

>> No.22252428

>>22252210
the only way that stands a chance of happening is if the elites start cutting the common man in on the fruits of imperialism. the way things are now, nobody in their right mind would want to die for this country.

>> No.22252436

>>22252351

You'll understand the answer to this question if you ask, analogously, "What good are houses if the banks collapse? How will you be able to sell them?". The principle is the same. Stocks used to be sold by Italians for lira; now they are sold for euros. When the system collapses, there will be new currencies and a new system of money. People who bought worthless dross like Tesla won't be able to get much for it; but gold mining stocks will preserve their value.

>> No.22252441

>>22252392
Yeah most banks pulled sub 20% deposit mortgages because of the huge uncertainty.

But hey if corona chan doesn't fuck us again this winter (lol) and if brexit isn't a mess (bigger lol) maybe they'll bring them back.

>> No.22252442

>>22246742
at this point if I were you guys I would immigrate to another country.

>> No.22252472

>>22250666
its greater london area is like 12 million max. Pretty centralised but not as big a percentage of total pop as some countries

>> No.22252475

>>22252442
Lots of Brits do. Plenty of them in Singapore, Dubai, Australia, US, Canada etc.

>> No.22252502
File: 70 KB, 446x435, 1599141533907.png [View same] [iqdb] [saucenao] [google]
22252502

I'm from the UK and this is my feelings on the house situation here, but its just me as a individual.

I've decided to stay with my parents even though I'm 22 (Infact all of my friends are in the same boat, choice or not, except for their short trip to Uni Debt clownland ofc.) I plan on stay with my parents until I reach £1 million or at least 800k

The problem with buying a house out right now is the price it costs to purchase one out right is money that could EASILY be used to grow into make it money in boomer stocks/assets.

Give me 250k, I'll make into a million safely within 10 years for certain. Likely sooner, even in this clown market.

Right now if you go out and buy a house you are buying a ticket to wage slavery. I'd rather be rich in liquid assets like stocks, fiat currency, bonds that I would in some stupid ass boomer house this early on.

I'll buy a house though the profits of my assets, therefore avoiding slavery, and at the very least I can get a comfy job if I really had to with that much money behind me.

To UK fags who buy a house right now, good luck, your singing 25 years of slavery to your grave.

>> No.22252508

>>22250681
yeah, people are dumb fucks. People think healthcare in the UK is free too. Its paid in your taxes, if not explicitly paid as a separate payment burden in your total monthly paycheck

>> No.22252523

>>22252441
fuck me, brb going to buy a shovel and dig me own grave

>> No.22252544

>>22246675
>they want 20-25% minimum now
they can want
literally a dying and not being born again market
market will end up B2let and boomers refusing to drop the price on their £1m 3-bed mansions till they are 100+.

>> No.22252557

>>22250822
yeah wages are lower but after 50k its 40% tax man wtf is the point

>> No.22252572

>>22252436

Gold really is the only common denominator no matter what happens. Speculating on anything else for that scenario is VERY difficult i guess.

Wish could be more prepared, but truth is i'm 25 and just starting to make some money. My ony real chance as far as I see it is to make it from crypto then start investing in Gold and setting up tht to protect myself. If it all hits the fan before that then im fucked.

The only saving grace is that Crypto where most my wealth is (basically 15K LINK, and 1 BTC) is not tied to the UK in particular, and i dont really feel obligated to stay here hoping to move next year.

>> No.22252583

>>22252416

America doesn't manufacture anything, hence couldn't possibly win a war with everybody else. It gets its tangibles by printing dollars and giving people dollars in exchange for them--the people who work hard and actually produce these things, under our present corrupt monetary system. If America entered into a state of total war with mankind, it would have no substance backing it. And, as I say, you couldn't win a war with such a flimsy moral foundation. If America went to war with the rest of mankind, expressly in order to make them slaves, it would become even more evil than Hitler or Stalin. You simply can't win like that. Native patriots and libertarians wouldn't go along with it. And the few degenerates who did try to fight would be inevitably destroyed.

>> No.22252597

>>22251113
weirdest thing is these same sort of people hate the tories beng far lefties but listen to every privacy and freedom stealing regulation they put out

>> No.22252729

Nationwide is the only one i could find doing 10% deposit

>> No.22252741

>>22252557
It's not that different compared to the USA.

I earn £80k and after all taxes and NI I get £52.5k

In California on the same salary I'd be getting £55.6k

The real killer is how LOW the wages are and how EXPENSIVE hard assets like housing is. If I lived in California my job would pay £112k on average.

>> No.22253007

>>22248212

This was very prophetic.

>> No.22253112

>>22252572

Just to offer my own opinion, I wouldn't trust in any cryptocurrency to make money first. I would simply get out of crypto altogether and buy mining stocks as soon as you can. The average small-cap junior silver miner goes up 150x in a PM bull market, so there's no need even to gamble on crypto. Simply buy Impact Silver, Bayhorse Silver, Discovery Metals, or something like that. When this system collapses it is going to happen so quickly that you will either have metals and mining stocks or you won't.

>> No.22253232
File: 37 KB, 1024x576, _99905844_taps.jpg [View same] [iqdb] [saucenao] [google]
22253232

>>22246742
You forgot the most important part, reflecting the state of this country and everything that's wrong with it. The fucking taps.

>separate tap for hot and cold water
>cold water is, well, cold, and hot water is scalding
>taps are like 3cm from the basin so you touch icky washbasin walls whenever you wash your hands
>supposedly meant to plug the basin and fill it up but who the fuck would do that in a public bathroom

Also young people are well and utterly fucked, massive student loans, shitty salaries, shitty job prospects, massive house prices and rent. If you didn't inherit millions you will be forever in debt, living hand-to-mouth and never owning your own accommodation.

>> No.22253443

>>22246742
the further you get from london, the better it gets

>> No.22253621

>>22246742
>no affordable housing
I got a 5-bed end terrace with basement and large garden for £135k that needed work, spent £45k doing it up and in the 7 years I've had it, it's now worth £50k more than I paid including fixing it up.

>no self defense law
*defence
And in 30 years time I've never needed to defend myself because unlike yanktards it's not dangerous here.

>no guns
Good. See above. No nigs with guns etc.

>no knifes
My house is full of knives, but again - no knives on the street generally, so pretty safe.

>full of niggers and shitskins
Depends where you are. They literally cannot afford anything over 250k so as soon as you have a bit of money behind you, you'll never live near them again if that's really a problem for you.

>retarded major for your most important city
Implying somewhere like US or whatever has better lol.

>braindead majority who will literally fucking BEG for the government to take ever their rights
Okay, kinda' can't argue with this. Most that vote are retards.

>clap for the nhs
NHS is world-renowned healthcare system.

>blm
I live in a student down with quite a large number of blacks, not a single BLM mention here, not even a poster.

>extinction rebellion
?

>congestion charge
Only in major cities where congestion is so appalling you literally can't move. Buy an old classic motor and you don't pay it anyway.

>tv license
You watch live TV? kek

>41% white London
No one wants to live in London. No one.

>pedo elite parliament
World wide issue, less in the UK than most 1st world.

>soon 40% capital gain tax
Literally never.

>ugly as sin, rainy shit weather
Our weather is fantastic. Rainy stereotype is painfully incorrect. We have some summers with 10-15 weeks straight of sun, not a cloud or drop of rain.

>ugly woman
If you're trying to find wife material in the club, they're dogs. Many here are absolutely stunning. British porn is one of the highest geographically searched for a reason.
TLDR
Get your head out of your arse.

>> No.22253687

>>22253621
>NHS is world-renowned healthcare system.
lost me there, was decent bait till then

>> No.22253759

>>22252050
can confirm. i grew up in a post soviet republic. the american collapse is my childhood on rerun. i can't believe i'm witnessing to super national structures collapsing. i enough link gains to move to Switzerland but not enough to bring my mom and grandma so I don't know. but we are not staying here for much longer.

>> No.22253761

>>22246675
>gypsies
>niggers

>nice

stfu

>> No.22253834

>>22252741
>I earn £80k
Nice, profession and location?

>> No.22253888

>>22253621
>Our weather is fantastic.
>Many here are absolutely stunning
Fucking lmao you are delusional

>> No.22253967

Britfag here. One of the best threads I've seen on /biz/ thanks to the informative anon telling everyone to buy gold.

I'm trying to make it through crypto but I fear I may be late. Once I've made a modest sum I'm going into gold mining stocks and using the rest to see if I can make any more money before the crash hits.

Also fuck this country, I'm out of here first chance I get. Any anons know the best way to move wealth internationally? I'm hardly an expert on the stuff.

>> No.22254048

>>22253112
What's your thoughts on the housing market on all of this?

>> No.22254131

>>22252502
Debt is going to be inflated away as opposed to defaulted on. Forget about the price and think about your buying power over the next decade. Same old story, grass is always greener.

>> No.22254157 [DELETED] 

>>22253967

Thank you for the compliment. As I said here to somebody else here, >>22253112 I don't recommend trying to make it in crypto first. I say just go straight into junior PM stocks. You can expect a 150x return as a historical average in a PM bull market, and we might overshoot and get 300 or 400x returns this time, so there's no need to gamble on crypto. My three recommendations are Bayhorse Silver, Impact Silver, and Discovery Metals; or, if you want to be conservative, then buy the mid-tier Vanguard indices GDXJ and SILJ.

>>22254048

It's infinitely better to have a house than to have cash, because cash is going to zero. But houses are still in a bubble, as Dominic Frisby shows here: https://www.youtube.com/watch?v=dZDE-_553jc&ab_channel=Money%2CMarkets%26MorewithDominicFrisby.. Gold will go better than houses, silver will do better than gold, and mining stocks will be the trade of the century.

>> No.22254166

>>22246665
its going back to dickisonian times.
debtros prison soon

>> No.22254201

>>22253967

Thank you for the compliment. As I said to somebody else here, >>22253112 I don't recommend trying to make it in crypto first, because crypto is a pure gamble. I say just go straight into junior PM stocks. You can expect a 150x return as a historical average in a PM bull market, and we might overshoot and get 300 or 400x returns this time, so there's no need to gamble on crypto. My three recommendations for 400x returns are Bayhorse Silver, Impact Silver, and Discovery Metals; or, if you want to be conservative, then buy the mid-tier Vanguard indices GDXJ and SILJ for 20x returns.

>>22254048

It's infinitely better to have a house than to have cash, because cash is going to zero. But houses are still in a bubble, as Dominic Frisby shows here: https://www.youtube.com/watch?v=dZDE-_553jc&ab_channel=Money%2CMarkets%26MorewithDominicFrisby.. Gold will do better than houses, silver will do better than gold, and mining stocks will be the trade of the century.

>> No.22254220

I'm thinking I should get out of mortgage advice. What the fuck is there even to do in this economy now?

>> No.22254308

>>22250608
bullshit m8
HM can print all the money it wants
forever.

Normies KNOW™ they love thier muhney

>> No.22254605

>>22253888
trips confirm delusional

>> No.22254689

>>22254201
Got any recommendations for LSE listed mining stocks?

>> No.22254705

>>22254201
Thanks for another great post. If you had money for a deposit for a flat, would you buy a flat or invest it (while renting) ?

>> No.22254708

>>22254201
I see. What's your best platform for trading these stocks?

>> No.22254726

>>22254201
where do you buy the mining stocks? are you using a specific broker?

>> No.22254805

>>22251858
thats just london really. People trip over themselves trying to live a life in london for the status/to look cool etc, they will accept any housing they get given my gfs brother is one of them. Literally will live in a dirty cuckbox studio with no bathroom for at the least £600 a month

>> No.22254810

>>22254689

LSE is harder to recommend for, but Adriatic Metals and Hochschild Mining are excellent mid-tier silver stocks.

>>22254708

You can buy small-caps on International Brokers, Charles Schwab, or any other broker which will allow you to trade on the Toronto Stock Exchange, which is where most of the small-cap junior mining stocks are listed. Some brokers will also allow you to buy them as foreign listings in Germany instead, although they are more illiquid there.

>> No.22254842

>>22254810
Nothing on trading212?

>> No.22254844

>>22254726

See >>22254810

>> No.22254902

>>22254810
Cheers, I'll check those out. With such great returns is this not what everyone does?

>> No.22254903

>>22254842

Not sure; you would have to investigate for yourself. Any broker which allows you to buy either 1) On the Toronto Stock Exchange, or 2) Foreign listings in Germany will do. A number of stocks are available on the NYSE and LSE, but not the real small-caps. I mentioned Hochschild Mining here, for example, >>22254810 but that has a $1 billion dollar market cap. I can imagine it going 20x, 30x, or even higher, but to get 150x+ in a PM bull market you probably have to buy smaller market-caps than that.

>> No.22254925

>>22254842
I doubt it since it's an app for normies

>> No.22254940 [DELETED] 

>>22254902

>>Cheers, I'll check those out. With such great returns is this not what everyone does?

Jim Rogers says that making a fortune is as simple as seeing money on the floor and simply walking over to pick it up. It's always shocking when you see it lying there, and reflect that you are getting to it before anybody else does, but such is the nature of value-investing. You see opportunities before others don't, which is precisely why you make so much money.

>> No.22254964

>>22254902

>>Cheers, I'll check those out. With such great returns is this not what everyone does?

Jim Rogers says that making a fortune is as simple as seeing money on the floor and walking over to pick it up. It's always shocking when you see it lying there, and reflect that you are getting to it before anybody else does, but such is the nature of value-investing. You see opportunities before others do, which is precisely why you make so much money.

>> No.22255037

Fuck me this thread is more dramatic than game of thrones

>> No.22255057

>>22253621
>Our weather is fantastic. Rainy stereotype is painfully incorrect.
Bait post

>> No.22255080

>>22254964
Good analogy. What's your preferred method for trading these stocks?

>> No.22255120
File: 10 KB, 587x239, bhs.png [View same] [iqdb] [saucenao] [google]
22255120

>>22254810
brainlet question, but which one do I pick with my broker?

>going to get mega jewed as it looks like I need to place a deal over the phone @ 30 bongs per trade

>> No.22255154

>>22246481
All commonwealth country governments are hijacked by corporate directors who move the law goalpost in favor of their companies.
The tax system is designed to keep people living on loans and credit.

Immigrants are free customers LOL

>> No.22255178
File: 76 KB, 1536x864, fms.png [View same] [iqdb] [saucenao] [google]
22255178

>>22255080

If I understand you correctly, it's best not to trade mining stocks at all. The best method is generally to buy and hold a valuable stock through any volatility until the bull market is over. See what First Majestic did from 2001-2011 and you'll understand what I mean (an example of a 150x return).

>>22255120

Not sure if I can advise you on this; perhaps you can ask your broker about it.

>> No.22255217

>>22246481
>400k
>Living in SE

I could buy a mansion in the North for cheaper than that.

>> No.22255223

>>22255178
No worries, thanks for your advice so far anon. Already loaded up on GDX/GDXJ

>> No.22255273

>>22252250
Do you live with your parents?

If you can save 2.5k each month, would be difficult after rent + bills etc

>> No.22255337

>>22255178
Ah, apologies, I meant which platform do you prefer? Apps, etc?

That said, it's good that you bring this up. So a bull market can last for a very long time? I suppose given the impending crash the next one won't be too long but how long would you say to hold?

>> No.22255610

>>22255223

Not at all, you're welcome.

>>22255337

>>Ah, apologies, I meant which platform do you prefer? Apps, etc?

Charles Schwab and International Brokers are probably the best, but I'm not an expert on brokers. Any broker which allows buying Toronto stocks will do.

>>That said, it's good that you bring this up. So a bull market can last for a very long time? I suppose given the impending crash the next one won't be too long but how long would you say to hold?

The PM bull market will only end after the dollar inevitably collapses, and the entire world monetary system is re-ordered. So this really isn't a case of waiting to cash out into fiat currency and then going back to the "old normal." What you have to ask yourself is, If you sell your mining stocks in the mean-while, what are you going to convert the fiat into? Where will that currency go? What investment will outperform what you just sold, when we see everything else in a colossal bubble? If you know that our monetary system is doomed, and that PMs will become the new money, then the only reason to sell your mining stocks if is you want to buy a house, physical bullion, or something else which you know will survive hyperinflation. Other than that, the question of when to sell applies only after the reset, never before.

>> No.22255734

>>22255610
Out of curiosity, are you fully committed on PMs or do you still try to poke holes in your PM thesis?

>> No.22255779

Any other Brit anons have an exit plan or long term plans to get out of here? Will be done with a masters program next year and considering staying here 2 - 3 years tops. Places like Singapore and Switzerland look like appealing options

>> No.22255789

>>22255610
I see. Thanks very much for the advice anon, truly the best and most informed poster I've come across in my time here. Hope I see you around.

>> No.22255840
File: 776 KB, 650x535, house.png [View same] [iqdb] [saucenao] [google]
22255840

>>22255779
i'm investing in deanoboxes to flip to HK chinks

>> No.22255875

>>22255734

The main reason why I post here is because I want to help people, but a secondary reason is because I want to subject my ideas to scrutiny. I have been posting here about PMs since May, when gold was $1670, silver was $17, and my mining stocks were one third of their present value, and I have not found anybody who could prove me wrong so far. Until somebody can show me how either the U. S. or the U. K. can escape its debt-trap, then my conclusions about precious metals appear unavoidable.

>> No.22255900

>>22255789

Thank you for your kind words; I hope that you do as well as can be in future.

>> No.22255985

>>22255840
based

>> No.22256017

>>22255875
You read any of Ray Dalio's writings on this area by any chance?

>> No.22256023

>>22255875
Firstly, thanks for the very informative thread. Out of curiosity are you personally in all of the mining/metal stocks you listed so far to some degree?

>> No.22256036

>>22246481
Moroccan here with 50k link, as soon as it's 1000$ each I'll fly to the UK buy a victorian house, summon the old gods there and wear my church hunter garment and start hunting the inbred beasts you have.

>> No.22256197

Britain is not supposed to have social mobility

>> No.22256269

>>22255875
where do i buy into this gold mining stock thing? plus500?

never bought stocks or anything before

>> No.22256393

>Jewtube have completely wiped blackpigeonspeaks UK demographics video off the face of the internet

>> No.22256534

>>22250762
did this, still need to install kitchen in different room and new bathroom no idea what that will cost.
boiler and new pipes was 3k tho

>> No.22256597

>>22256534
seriously how much does moving a kitchen and installing a bathroom cost, i will end up adding 100 a month to the mortgage over ten years or some shit. Life is hell

>> No.22256618

>>22246481
yeah it's a bubble, these boomers are fucking deluded.

>> No.22256690

>>22254201
I hope you're still in this thread based silver bull anon.

Why do you think those companies specifically will perform so well? What should i be looking for?

>> No.22256701

>>22255779
I'm getting my pgce then off to singapore, thailand or russia.

>> No.22257632

>>22250608
And so what does the average person do about this?

>> No.22257716
File: 765 KB, 2553x1534, 1433659663231.jpg [View same] [iqdb] [saucenao] [google]
22257716

>>22251411
based. im british and i am honestly so nauseated by the self-hating virtue signalling in our country that I'm planning to move once i finish my PhD

>> No.22258097

>>22251396
>Oi m8 can you adam and eve it look at all vese bloody darkies, it's like the black ole of calcutta! Anyway, vats me orf to asia to become a bloody muslim and pop out some little niggers innit!
Flawless plan you fucking donkey, wonder how the country ever got so bad with people like you in it.

>> No.22258184

>>22251396
Do you even know anything about Islam or how its practiced in Indonesia? I'm not even particularly against Islam, its just yellow fever makes white guys like you become blind..

>> No.22258409

Why would you buy gold, its too illiquid in a crisis.
The worst thing about the UK is that a large number of people are aggressive and confrontational, and they are all packed on that tiny island. When shit goes south itll be a blood fest for a while.

>> No.22258571

>>22252416
Anon you are delusional, the things you think are a symptom of your sickness. No one ever could or ever will go to war with everyone else without destroying themselves, there will be no general war, there will be no nuclear war.

>> No.22258678

>>22253621
Cope, the poster was not only correct but didn't go far enough.
>why would anyone ever need to defend themselves?
Utterly pathetic, what a fucking insect.

>> No.22258684

>>22252210
How would America defeat a combined coalition of Russia, Iran and India you retard? Or a coalition with China in it as well. Even if you killed 5 people for every American you would still lose.

American exceptionalism makes people unbelievably retarded I swear to god.

>> No.22258913

>>22252210
youre really overestimating us man. iranians russians even chinks, whatever you wanna say, they aren't idiots and they will field decent armies. are you telling me our tranny armies of tyrone mcjuarez, paco, and cletus, are going to win? even aerospace and other military tech is getting pozzed and dysfunctional

>> No.22258941

>>22256701
Sounds like a plan, best of luck in your endeavors, anon.

>> No.22259017

>>22258684
you know how much money it takes to build fighter jets/bombers and train effective pilots?
now add the same thing to frigates, destroyers, subs etc.

USA only needs to destroy less than half of the enemies navy and airforce for them to be completely fucked. or do you think a bunch of non skilled plebs from the streets will be able to effectively take on on the most highly experienced and technology advanced war machines to date?

>> No.22259124

Great thread. Thanks high iq anons. Coincidence that the quality of threads increased as crypto sells off?

>> No.22259142

>>22246481
Everyone in this thread hates the UK cuz of inflation and minorities but wants to move to some South East Asian shithole

What kind of cognitive dissonance is this?

>>22259017
You think some GED kid from Montana is gonna be particularly competent either? It wouldn't be hard for Russia, China or India to militarize fast as fuck. They have scientists too, y'know. Americans are too pampered. Why would they want to throw their lives away in a world war? There are millions of poor Chinese and Indians that can be thrown out as pawns who will do whatever it takes for a better life and a pretty wife.

>> No.22259151

We’re being replaced.

>> No.22259200

>>22255840
unironically, probably the last path to riches in this god and sanity forsaken land

>> No.22259409

>>22246777
im guessing if I had to see any of those things u think is culture I'd have to kill myself out of respect for my own will

>> No.22259496

>>22246777
based actually
covid rebalanced a lot of things - the 'work from home' meme shot forward a decade, and it'll advance another one if no vaccine soon. Accordingly, house+garden going to be very, very valuable in comparison to a 1-bed central London morgue shortly, when not already.

>> No.22260027

>>22259142

>You think some GED kid from Montana is gonna be particularly competent either?

No but that kid would have more resources available to them which would increase the odds of creating an effective soldier.

>Why would they want to throw their lives away in a world war?

it works both ways you know. people get fed up of dying for a useless commie shithole when they know how well taken care of the enemy nation is. maybe in days gone by where most people had nothing, the idea of dying for a commie dictator would seem fine.

you also might also find that people are more willing to fight in order to defend their freedoms etc.

>> No.22260507

>>22260027
Bro India and China could conscript 20% each of their country no sweat. Most of these men are gonna die bachelors anyway. Just promise them enough money for dowry money and land if they are successful.

>defend their freedoms
no American marched down the white house when the patriot act was passed. Or when Edward Snowden revealed the NSA's spying. They marched down the white house when a black guy got killed. Americans are incredibly complacent. This isn't 1948 anymore, pal. Russians and Chinese don't fight with sticks and stones anymore.

Americans couldn't even protect Crimea for fear of Russia, despite their promises, nor can they overtake Iran's influence in the middle east without full on confrontation, what makes you guys think they can take on Russia, India, China and Iran simultaneously?