Recent Posts

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Apple Talk / Re: Jam on it.
« Last post by Cain on Today at 09:07:49 pm »
We all have to make sacrifices. I gave up my monthly bonus, someone loses a leg...
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Aneristic Illusions / Re: UK General Election 8th June: Shake it all about?
« Last post by Cain on Today at 09:06:24 pm »
Ah ok so it's to ease the flow as opposed to eject remainer civil servants who wont comply with brexit orders.
This doesnt sound like something the military want to have to do

Yes, and no, they don't.

In theory it will probably be to make up for the shortfall of civil servants in less critical departments, as Operation Yellowhammer has seconded a significant number of them to critical posts.

But that was under May's planning, which while generally incompetent and begrudging, was not outright hostile to the idea of Parliamentary democracy in theory. God only knows what Boris, Cummings etc are doing.
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Apple Talk / Re: Jam on it.
« Last post by Doktor Howl on Today at 09:05:29 pm »
It's basically "doing more for less".

You can get the job done in the required amount of time with 10 people?

MAKE IT 10% FASTER WITH 15% FEWER STAFF.

This has been bothering me for 6 years, and I finally realized what it was that was bothering me.

One employee has to have his legs cut off.
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That's not at all terrifying.
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Ah ok so it's to ease the flow as opposed to eject remainer civil servants who wont comply with brexit orders.
This doesnt sound like something the military want to have to do
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Aneristic Illusions / Re: UK General Election 8th June: Shake it all about?
« Last post by Cain on Today at 05:40:25 pm »
More of a civil service junta.
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Um, is that a coup, because that looks like a coup?
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Quick, tell me how I can take advantage of this for my own personal gain.

If you have a few million around, put it in Goldman Sachs preferred stock.  They're going to make out like bandits.

Does this recommendation still hold, and if so, why do you think so?  Not considering Impending Doom, GS looks like a decent stock at the moment.  They're evil, of course, but I wouldn't be much of a chaotic neutral if my principles weren't negotiable.

Is the likely outcome that a market meltdown will cause a storm of transactions, and GS will earn a few beans each time someone panics?
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https://www.bloomberg.com/graphics/negative-yield-bonds/

There are currently $17 trillion worth of negative-yielding bonds out there.

As I understand it, a bond has negative yield when the current price of the bond is higher than the redemption value plus the remaining interest payments.  This means that if you hold the bond to maturity, you will actually lose money.

As absurd as this sounds, it's actually a good idea; if, for example, if bond prices increase indefinitely, or if you sell just before the price crashes, or if you are in a situation where it's safer to keep your money in bonds than in a zero-interest cash account.   :|
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Aneristic Illusions / Re: UK General Election 8th June: Shake it all about?
« Last post by Cain on Today at 03:42:59 pm »
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