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- Sennerd commented Sep 1, 2023
I wish I got paid as handsomely as he does for saying completely useless sentences.
Japan's PM Kishida: We will speed up consideration of economic measures
- Sennerd commented Aug 24, 2023
I often heard that it's not the system - it's you that counts. I NEVER saw a system that I could get to work. It was the elephant in the room - the system did not work well enough. Coaches would cheerlead their winning trades and be very quiet about ...
How To Become A Profitable Trader With A 9 To 5 Job - 12 steps
- Sennerd commented Aug 23, 2023
I think some dhead's assistant got him to call it "The Winter of Death".....in 2021/22!
UK private sector output falls at fastest rate since January 2021
- Sennerd commented Jul 27, 2023
The Western world is in trouble but the EU and UK especially are lacking some basic cards to play.
Monetary policy decisions
- Sennerd commented Jul 18, 2023
Agree but can you elaborate?
BoJ’s Ueda: Still Some Distance to Sustainably Achieve 2% Inflation Target
- Sennerd commented Jul 12, 2023
Wage rises do not cause inflation. More deflection and smoke and mirrors.
British workers keep getting pay raises — despite the Bank of England urging them not to ask...
- Sennerd commented Jul 7, 2023
Anything in particular that makes you think that?
The Employment Situation - June 2023
- Sennerd commented Jul 7, 2023
Yeah Buddy - nothing to do with 3 trillion in stimmies. Nothing to do with Student Debt write off. Nothing to do with any of your tribe. The majority seem to subscribe to a punch and judy way of thinking. I know some in my family think Trump was ...
ADP National Employment Report: US Private Sector Employment Increased by 497,000 Jobs in...
- Sennerd commented Jul 6, 2023
Supply side? This came from money expansion. If all things stay as they are then we will have deflation because of money contraction but someone is going to spin you another tale. The lag effects are 18-24 months. Thankfully for Andrew Bailey, the ...
BOE's Bailey: Inflation is way too high above the 2% target
- Sennerd commented Jul 5, 2023
In a nutshell - yes. This is a planned crash leading to the printer which we all beg for. Savings won't live long in an inflationary world - better find something solid.
Industrial producer prices down by 1.9% in the euro area and by 1.8% in the EU
- Sennerd commented Jul 4, 2023
This is why western countries are pressing the migration turbo. A future of higher wages is not what big business wants. I personally think we chose the wrong path - labour shortages cause reasonably big problems in the short term with the current ...
Unemployment is reduced by 50,268 people and stands at the lowest figure in the last 15 years
- Sennerd commented Jun 29, 2023
Official BofE document repeating bullet point paragraphs - we're obviously in good hands here folks.
Money and Credit - May 2023
- Sennerd commented Jun 23, 2023
You don't need rates - you need money supply contraction which I think has been happening for the last 12 months so when this lag effect kicks in then we have a major recession. When it's so freaking obvious then the question everybody should be ...
German economy loses momentum in June as businesses face deteriorating demand conditions
- Sennerd commented Jun 20, 2023
Exactly. This is wealth preservation time - somehow.
ECB's Rehn: Underlying inflation is easing only gradually
- Sennerd commented Jun 20, 2023
It removes the choice of work - everybody is squeezed including those with savings so tax income goes up as debt becomes a bigger problem. This was intended and it ought to make people wonder whether the thing that properly tipped us into this debt ...
ECB's Rehn: Underlying inflation is easing only gradually
- Sennerd commented Jun 2, 2023
I don't think it is necessarily about sanctions - it's more about getting fair value for your resources. You can't blame the west for playing it how they did but now they see what lies ahead you would have thought that they would implement resource ...
BRICS Nations Say New Currency May Offer Shield From Sanctions
- Sennerd commented May 24, 2023
The UK economy is in a state and has been for a long time. It was and is unsustainable on this path. We ought to have invested in energy infrastructure, battery technology etc and manufacturing to redirect our economy on our exit from the EU but we ...
Consumer price inflation, UK: April 2023
- Sennerd commented May 24, 2023
'Problem as I see it is that central banks (not just in the US) is under a consistent political pressure steaming the markets.' Something happened here almost overnight - CB's suddenly became very political with Build Back Better and the Green ...
Consumer price inflation, UK: April 2023
- Sennerd commented May 24, 2023
Jerome Powell said none of his 34 advisers saw inflation coming this high but most of Twitter did. What is incredible is that at this moment in time M2 is, and has been, falling. The best course would be interest rates (much earlier than it ...
Consumer price inflation, UK: April 2023