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[antonagis] 02/3/2021 20:44

Well that was a turn up for the books. The far from CLEVERINVESTER finally CONFESSED yesterday that he is a TROLL on SAGA, such is his anger at not getting his £1.80 prediction. He also made it clear with his sidekick DIOHOHKU that he’d like COVID to continue, disgusting TROLLS that they are. How can they enjoy people being sick and gloat every time there’s a new variant. The great thing is that they are starting to get their comeuppance. CLEARLY RATTLED since last week. That’s around 60 posts between them on SAGA today. Yet more proof of that desperation they’re suffering from.

[spacedust] 02/3/2021 10:36

Not good for airlines im out 203p hxxps://news.sky.com/story/brazilian-p1-variant-may-spread-more-easily-and-could-evade-immune-system-scientists-find-12233402

[spacedust] 02/3/2021 09:31

Why the sudden tank. Is this due to the 4th usa surge?

[justiceforthemany] 01/3/2021 16:38

New cases down to 5,400 Deaths 100 The public will demand reopening within weeks if this continues. No justification for keeping things shut if cases drop to the hundreds or 1-2K only with deaths <100

[ny boy] 01/3/2021 12:12

R2 in view now, should get there this month imo Resistance1: 199.50p Resistance2: 233.02p

[pdriccio] 01/3/2021 10:19

BUZZ – IAG: Peel Hunt says return to profitability in sight, upgrades to 'buy'1 March 2021 08:09

[m1k3y1] 01/3/2021 09:32

take_that.......when you say 'Sunak wont/cant say where the money is directly borrowed from'....... I do not understand why not. After all, these are public finances (in effect our money) and he is a public servant, so I see no reason why he is unable to divulge where the 300B has been borrowed from. I suspect it is not gilts etc as has been previously suggested.

[george_wright] 01/3/2021 09:01

Accounting is a great course to study for a number of reasons. Accounting provides you with skills and knowledge that can be applied to a number of industries. In fact, so long as there are businesses in the world, accountants will always be needed.A qualification in accounting is the best way kick-start your career, however, before you decide to start studying, it's worth noting the key benefits a career in accounting can give you.My selling price prediction for the years ahead are as follows:2021- 3.502022-5.002023-7.50DYOR

[ny boy] 01/3/2021 08:44

Nice chart, recovery underway Buy! Keeping my 25,000 for a few years, done very well buying SAGA, NEX since last March (STAF) another to bounce strong post Dishi Rishi’s budget on Wednesday dyor

[take_that] 01/3/2021 05:02

@Mickey A. FewBob is spot on regarding sovereign debt. Maybe read a book on global economics to familiarise yourself with how things work. Yes the money could in theory be written off but it would have consequences like throwing a stone in a lake and causing a tidal wave, rather than a ripple. Sunak wont/cant say where the money is directly borrowed from.

[a.fewbob] 28/2/2021 21:50

Lol, very true.

[chiefbrody] 28/2/2021 21:13

More and more debt is the answer. There is no limit any more.The whole world is pretty much on board so no worries.

[a.fewbob] 28/2/2021 20:41

Don’t be so daft. Sunak may well have written debt off but not sovereign debt !!!!! If he wrote NHS debt off then that would have been born onto who ever under wrote that debt. i.e banks or investors. Not the same as Britain not paying interest on issued bonds. Not paying that would be EXACTLY LIKE ZIMBABWEA!! It’s all based on confidence. If other nations, institutions etc thought we would default on our debt repayments then wave goodbye to the pound. Massive systematic collapse would ensue.

[m1k3y1] 28/2/2021 19:03

Sunak hasn't said how the debt has been raised. an additional 300b of debt write off will not make the economy collapse , as you suggest but on the contrary would initiate a substantial recovery. The UK is nothing like Zimbabwe or Argentina.

[a.fewbob] 28/2/2021 18:56

They issue treasuries and government bonds which are bought on the open market by institutions, pensions, sovereign wealth funds etc. If they write it off, like let’s say Argentina or Zimbabwe might have.... What do you think will happen. Pound will collapse, aka Weimer republic. It’s just not as simple as you may think.

[chiefbrody] 28/2/2021 18:10

And interest rates are never ever ever going through the roof again (since half the world will go bust) so governments will live on the never never.Part of me hopes rates would rise though. Even a paltry 5% would be catastrophic to countries like ours.Teach us a lesson or 2 for irresponsible spending.

[m1k3y1] 28/2/2021 17:43

Quite possibly but I still do not understand why they cannot write the debt off. As yet, I have not heard from Sunak exactly where the 'debt' or borrowed money has come from and who is owed the money. It seems a simple matter for the treasury to print the money required ( as with QE), then there would be no debt.

[a.fewbob] 28/2/2021 17:21

Or I guess, People with fixed pensions. But these people don’t matter to the government.

[a.fewbob] 28/2/2021 17:20

They won’t ever pay back the debt. Only really stupid people think that. They issue treasuries, guilts etc They pay a paltry return on that with today’s ridiculously low interest rates. They inflate the debt away. With enough inflation, eventually the debt becomes trivial. They will only default if interest rates go through the roof. This would be the only scenario where they (we) would come unstuck. The people that get screwed are people with savings in cash.

[justiceforthemany] 28/2/2021 17:11

Only 6,000 cases and 140 deaths. Yes it's the weekend but that is a huge drop.

[justiceforthemany] 28/2/2021 14:22

J&J one dose vaccine approved by FDA; doses available from March in US https://www.bbc.co.uk/news/world-us-canada-56226979

[m1k3y1] 27/2/2021 22:10

of course, if we are expected to pay back the money that has been used to support the impact of the pandemic , the government has just lent the money to us all , rather than paying for anything. Furlough , business support, mortgage holidays etc etc etc all just loan schemes, that UK GOV wants back with interest . I have no idea how they expect people to pay for it.

[geardown107] 27/2/2021 21:06

As in just not pay back the gilts and bonds? What about the people and institutions that bought them?