September Storms

[Belker]

Why worry so much about it ?
Is there something we can do to change any of it ?

Fook it !
"Chang chang changity chang !".

[John m]

Why worry so much about it ?
Is there something we can do to change any of it ?

Fook it !
"Chang chang changity chang !".

Ken there are lads on here thinking about forking out serious cash on a Car or a WAV .They need the information to make the decision .I worked previously with a crew preparing information dumps for  Investors .If I see a planning application stuck on a pole I will stop and have a look .If you read whats on here I posted about two months ago Facebook had pulled the Plug on the 800 Million Irish Sweepstaked development in Dublin (Why ) I posted that Dale from the Book was not impressed with the Irish Data Comissioners  and jobs will be lost  Today we found out Facebook were fined nearly half a billion .You are living in a World thats about to come crashing down around your ears .Last year I suggested lads with mortgages should fix .I posted about Lockdowns before the Government announced them .I posted that a Diesel Delivery that was DUE for delivery in October is now only Pending .That means it is not now due for delivery only might be delivered .Now some lads might think that means that Diesel could be rationed .Might not be the smartest move in the world to be investing big coin into this market .I provide the Information I hear You can do what you like with it .There are bigger issues to this business than Stickers ,Meter seals and Free Now Priority .

[Belker]

Ah sur', go worry yourself in to an early grave.
Most of us on here are in the Home straight anyway,
why worry about things we have no control over ?

[John m]

Here Kenneth more crap to Worry about .Paggo is thinking of a Windfall Tax on Power Companies .Do you think they will invest the Billions of Euro necessary in building Windfarms or Recharging Stations if the Government can just tax the fuck out of them .Especially when Big Tech or Pharma pay fuck all tax . Does the Centra or the Garage on the Douglas Road sell Candles ?

[Bob Shillin]

Ah sur', go worry yourself in to an early grave.
Most of us on here are in the Home straight anyway,
why worry about things we have no control over ?

A lot older than you, but maybe there are a few on here who are worried about a recommendation to government to reimpose PRSI on geriatrics.

[silverbullet]

Ah sur', go worry yourself in to an early grave.
Most of us on here are in the Home straight anyway,
why worry about things we have no control over ?

[Belker]

..... The Bet :4/1 a general election in 2022 if they cannot pass a budget the gig is up .If they pass a budget the People will be Up and angry .Going to have 50 a week on it from now till budget Day in September .

You can have 5/1 from me fer whatever ya want John M.
Offer stands till midnight tomorrow night, (30/8/2022, 11.59pm).

Might as well give you the money as Paddy .I will have a deuce to win a Long One . 200@5/1 .

Fine, you have a bet John M.
€200 @ 5/1 an Irish general election in 2022.

We settle up this and the UK prime minister bet together after both results are in.

You will have your money for Christmas .Election must have 14 days notice .Its probably wishful thinking by me .The hope that some Politicians have Principles ....Lets See.

I will offer you a 'Cash-out' option John M.
You agree to Pay me €30 in advance today on both of our Irish general election bets and it ends there ?
Offer open till 11.59 tonight, 19/9/22.

[John m]

NO Ill let it run .Leo is acting the Cunt wants Paggo to be left in office when he knows that was not the deal .I wonder if he wants an Election .SF have no chance of winning .They will be the biggest Party but who will be left to go into government with them .The more seats the Shinners win the less their mates will have as its their seats they will win in most cases .Leo might be playing politics blinded by his hatered for the Shinners .If there was an Election with No winner Leo might suggest he will lead a National Government a Rainbows Rainbow of a Government with the Shinners staying out to form the Official opposition .I dont trust LEO .im sure there are like minded TDs who would prefer their chances in an election before leo gets back in and fucks things up more .His Backpassage Brexit Deal is going to Fuck us up .it has been delayed by Covid but its going to bite and bite hard .Cynide Tits is not going to be bullied by some Clown in Merrion Street . If Poison Piss Flaps in Britain decides to ditch the Protocol the EU will impose tax on all imports and exports from the UK we buy 20% of our energy from the UK stick Vat +import Duty on that .Leo was told by the EU to mind his own business that Barniea would do the deal but Leo was trying to out Republic the Republicans and win a General Election by doing the Backpassage deal with Boris who was also trying to win an election.Our bet is my insurance policy Kenneth .If this government survives things will be OK If it falls we are in shite .The only thing that gives me hope is all the money spent on Bike Lanes but still the Homeless have not pitched their tents in them .I had a third year Engineering Stubent in the car on Saturday working in a restaurant in Renalagh .He had a roll up sleeping bag dossing down in different mates houses as he cannot find any where to live .Next Wednesdays budget see whats in it for Farmers nothing yet had leaked .If they are not happy I expect one or more Rural based Government TDS to jump ship become Independents to give themselves the best chance of re election .With the Two Greens overboard this is a Minority Government depending on Independents votes to survive .Leo also has to win a Vote in the Dail to become Taoiseach .I wonder has he got the Numbers ?No Taoiseach no Government .

Kenneth the next time you are in Limerick visit the university the Jim Kenmmy School of Politics .Jim Kemmy was a Td for Limerick brought down the Government over VAT on Childrens Shoes .You might be surprised how little it takes to topple a government .

[Belker]

NO Ill let it run .Leo is acting the Cunt wants Paggo to be left in office when he knows that was not the deal .I wonder if he wants an Election .SF have no chance of winning .They will be the biggest Party but who will be left to go into government with them .The more seats the Shinners win the less their mates will have as its their seats they will win in most cases .Leo might be playing politics blinded by his hatered for the Shinners .If there was an Election with No winner Leo might suggest he will lead a National Government a Rainbows Rainbow of a Government with the Shinners staying out to form the Official opposition .I dont trust LEO .im sure there are like minded TDs who would prefer their chances in an election before leo gets back in and fucks things up more .His Backpassage Brexit Deal is going to Fuck us up .it has been delayed by Covid but its going to bite and bite hard .Cynide Tits is not going to be bullied by some Clown in Merrion Street . If Poison Piss Flaps in Britain decides to ditch the Protocol the EU will impose tax on all imports and exports from the UK we buy 20% of our energy from the UK stick Vat +import Duty on that .Leo was told by the EU to mind his own business that Barniea would do the deal but Leo was trying to out Republic the Republicans and win a General Election by doing the Backpassage deal with Boris who was also trying to win an election.Our bet is my insurance policy Kenneth .If this government survives things will be OK If it falls we are in shite .The only thing that gives me hope is all the money spent on Bike Lanes but still the Homeless have not pitched their tents in them .I had a third year Engineering Stubent in the car on Saturday working in a restaurant in Renalagh .He had a roll up sleeping bag dossing down in different mates houses as he cannot find any where to live .Next Wednesdays budget see whats in it for Farmers nothing yet had leaked .If they are not happy I expect one or more Rural based Government TDS to jump ship become Independents to give themselves the best chance of re election .With the Two Greens overboard this is a Minority Government depending on Independents votes to survive .Leo also has to win a Vote in the Dail to become Taoiseach .I wonder has he got the Numbers ?No Taoiseach no Government .

Kenneth the next time you are in Limerick visit the university the Jim Kenmmy School of Politics .Jim Kemmy was a Td for Limerick brought down the Government over VAT on Childrens Shoes .You might be surprised how little it takes to topple a government .

OK, I'll let the 'Cash-out' option run fer 2 more days.
You agree to Pay me €30 in advance today on both of our Irish general election bets and it ends there.
Offer open till 11.59 tomorrow tonight, 21/9/22.

Add in the 'Guy' bet and the 'Liz' bet and your all done fer a oner,
gonna cost you most likely 370 all in come mid December ??

[John m]

Ken I owe you 50 on the Lizzie bet .Pat has to finish the race .If you have lost interest in the General election bet we can cancel it .I already have a stake with Paddy .

[Belker]

Ken I owe you 50 on the Lizzie bet .Pat has to finish the race .If you have lost interest in the General election bet we can cancel it .I already have a stake with Paddy .

You owe 20 (not 50) on the Rushi/Liz bet.
Pat only has to Live to the end of his journey, not necessary finish fer me to collect that 50.
The Irish election bets still run.
But you can cash out on the whole lot and we Square if you wish to Pony up a Ton ?
Offer available up to 11.59 tomorrow tonight, Wed 21/9/22.

[silverbullet]

Here Kenneth more crap to Worry about .Paggo is thinking of a Windfall Tax on Power Companies .Do you think they will invest the Billions of Euro necessary in building Windfarms or Recharging Stations if the Government can just tax the fuck out of them .Especially when Big Tech or Pharma pay fuck all tax . Does the Centra or the Garage on the Douglas Road sell Candles ?

John, don't worry about press releases from Daffy Duck's office about turbines, it's just a wind-up!

[Belker]

Ken I owe you 50 on the Lizzie bet .Pat has to finish the race .If you have lost interest in the General election bet we can cancel it .I already have a stake with Paddy .

You owe 20 (not 50) on the Rushi/Liz bet.
Pat only has to Live to the end of his journey, not necessary finish fer me to collect that 50.
The 2 Irish election bets both still run.
But you can cash out on the whole lot and we are 'All Square' if you wish to Pony up a Ton 'n a Half (€150) ?
Offer available up to 11.59 tonight, Thurs 22/9/22.

Boyles have updated their general election betting;
https://www.boylesports.com/sports/politics/irish-politics

[silverbullet]

Ah sur', go worry yourself in to an early grave.
Most of us on here are in the Home straight anyway,
why worry about things we have no control over ?

https://fortune.com/2022/09/21/long-ugly-recession-dr-doom-nouriel-roubini/
Prepare for a ‘long and ugly’ recession, says Dr. Doom, the economist who predicted the 2008 crash
BYTRISTAN BOVE
September 21, 2022 at 5:56 PM GMT+1
Shot of economist Nouriel Roubini sitting at a conference panel
Nouriel Roubini is convinced a bad recession is on the way.
UDIT KULSHRESTHA—BLOOMBERG/GETTY IMAGES
One of the first experts to forecast the 2008 recession is sounding the alarm bells that another big economic downturn is on the way.

With recession fears in the U.S. mounting, many economists are predicting such a downturn as early as this year. Earlier this month, Bank of America strategists wrote they expected a “mild recession” to hit sometime next year. Others, like former Treasury Secretary Larry Summers, have been more bearish with their recession forecasts, predicting that only a deep recession will be enough to fix the 40-year-high inflation hitting the country.

Now economist Nouriel Roubini—a New York University professor and the CEO of Roubini Macro Associates—whose prescience of the 2007 and 2008 housing market crash earned him the nickname Dr. Doom—seems to have chosen a side.

In an interview with Bloomberg this week, Roubini said that a recession is likely to hit the U.S. by the end of 2022 before spreading globally next year, conceivably lasting for the entirety of 2023.

“It’s not going to be a short and shallow recession; it’s going to be severe, long, and ugly,” Roubini said.

The debt problem
To fend off rising U.S. inflation, the Federal Reserve has implemented an aggressive series of interest rate hikes to put the brakes on the economy. The goal is to engineer a soft landing for the economy, where inflation returns to the Fed’s target 2% annual rate, without triggering a prolonged economic downturn or significant rise in unemployment.


But with the current economic climate, the Fed’s soft landing goal is “mission impossible” according to Roubini, who sees the rapid rise in both corporate and government debt over the past year as a damning indicator.

During the 2008 recession, Roubini argued that large amounts of consumer and corporate debt had been mismanaged and neglected by credit agencies and the federal government, contributing to the downturn. In his interview with Bloomberg, he noted that very similar threats are facing the economy today.

Roubini said that the environment created by rising interest rates does not bode well for the rising levels of global debt amassed in the wake of the pandemic. As lending rates continue to increase—as the Federal Reserve has signaled they will—it could create a growing number of so-called zombie companies, firms that formed during the pre- and early-pandemic era of easy credit, but are now stumbling along unable to turn a profit or finance their debts.

“Many zombie institutions, zombie households, corporates, banks, shadow banks, and zombie countries are going to die” as rates continue rising, Roubini said.


The “long and ugly recession” will also devastate financial markets, Roubini warned. The S&P 500—which upon last week’s higher-than-expected inflation reading had one of its worst days this year—could fall by anywhere between 30% and 40%, he said, depending on how severe the recession is.

Worst-case scenario
But despite interest rate hike after interest rate hike, Roubini said that inflation in the U.S. could persist due to rippling supply-chain shocks from the pandemic, the ongoing consequences of the Ukraine war, and China’s zero-COVID policy continuing to slow economic activity in the country.

That combination of low economic growth and unyielding inflation could lead to a global worst-case scenario of 1970s-style stagflation, Roubini warned, where prices remain high but economies stagnate anyway. Institutions including the World Bank have warned multiple times this year that a return to 1970s stagflation remains a serious concern for the global economy.

It is far from the first time Roubini has expressed his pessimistic views on the economy’s future. In 2020, Roubini warned that a new “great depression” was poised to hit the U.S. during the 2020s, citing rising debt levels. And in July, Roubini predicted that a “severe recession and a severe debt and financial crisis” was just around the corner due to the growing number of zombie companies in the economy.

Not every market watcher agrees with Roubini’s view that rising debt levels and inflation will send the economy spiraling into a deep recession. Ark Invest CEO Cathie Wood tweeted on Tuesday that hawkish economists like Roubini were set to be “blindsided” by inflation receding soon, citing “unwinding” headline inflation, the measure of total inflation within the economy.

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

[Belker]

Ken I owe you 50 on the Lizzie bet .Pat has to finish the race .If you have lost interest in the General election bet we can cancel it .I already have a stake with Paddy .

You owe 20 (not 50) on the Rushi/Liz bet.
Pat only has to Live to the end of his journey, not necessary finish fer me to collect that 50.
The 2 Irish election bets both still run.
But you can cash out on the whole lot and we are 'All Square' if you wish to Pony up a Ton 'n a Half (€150) ?
Offer available up to 11.59 tonight, Thurs 22/9/22.

Boyles have updated their general election betting;
https://www.boylesports.com/sports/politics/irish-politics

What was 4/1 a few weeks ago, is 25/1 today !