In reply to Post #15
Covid
That's not quite correct, covid stopped manufacturing worldwide, a good example the big industry I work in semiconductors or the chips that you find in everything stopped. To manufacture a semiconductor from the collection of the raw materials the fabs growing the wafers, the chips being packaged and tested typically takes 40 weeks..
At the worst most components took over a year to be delivered to customers and it's still pretty much that way.
Prices for these have doubled or trebled forcing up the prices of the end products - this was due to the massive demand - you take consumer goods, phones, tablets, computers, consoles (that were always out of stock) as everyone was stuck at home we all purchased such goods (more than we ever did before and others, interests rates were low and people bought and bought at whatever price look at property prices now - are they sustainable the price of second cars ridiculous but it's a sellers market.
So everyone spending over the odds not thinking about tomorrow.
Ukraine
50% of the worlds neon they use to etch the wafers come from Ukraine further hampering chip supply.
Now Russia turning off the gas forcing up the wholesale prices and Putin is not giving in, sanctioning more troops.
So what do we have now a slowing economy consumer demand dropping TSMC moving into oversupply.
And for us all rising interest rates - could we see a repeat of the 90s ??
So the outlook imho 2023 and first half of 2024 will be tough even for folk who've been sensible. And that's the best scenario if the war ends in the next 3 months..
Coal
About 2% of our energy comes from coal nearly half from gas. They restarted coal plants last year though their is not enough (same activity has been happening all around Europe) but it's not enough and then there the plan to switch them all off from 2024.
We've been too slow to move should have built a couple of nuclear power stations by now that's what we need, but not everyone wants one on their doorstep despite the clear economic benefits, else were in danger of going the same way as the dinosaurs....
Covid
That's not quite correct, covid stopped manufacturing worldwide, a good example the big industry I work in semiconductors or the chips that you find in everything stopped. To manufacture a semiconductor from the collection of the raw materials the fabs growing the wafers, the chips being packaged and tested typically takes 40 weeks..
At the worst most components took over a year to be delivered to customers and it's still pretty much that way.
Prices for these have doubled or trebled forcing up the prices of the end products - this was due to the massive demand - you take consumer goods, phones, tablets, computers, consoles (that were always out of stock) as everyone was stuck at home we all purchased such goods (more than we ever did before and others, interests rates were low and people bought and bought at whatever price look at property prices now - are they sustainable the price of second cars ridiculous but it's a sellers market.
So everyone spending over the odds not thinking about tomorrow.
Ukraine
50% of the worlds neon they use to etch the wafers come from Ukraine further hampering chip supply.
Now Russia turning off the gas forcing up the wholesale prices and Putin is not giving in, sanctioning more troops.
So what do we have now a slowing economy consumer demand dropping TSMC moving into oversupply.
And for us all rising interest rates - could we see a repeat of the 90s ??
So the outlook imho 2023 and first half of 2024 will be tough even for folk who've been sensible. And that's the best scenario if the war ends in the next 3 months..
Coal
About 2% of our energy comes from coal nearly half from gas. They restarted coal plants last year though their is not enough (same activity has been happening all around Europe) but it's not enough and then there the plan to switch them all off from 2024.
We've been too slow to move should have built a couple of nuclear power stations by now that's what we need, but not everyone wants one on their doorstep despite the clear economic benefits, else were in danger of going the same way as the dinosaurs....
In reply to Post #14
And what would that "something" be in cash?
And what would that "something" be in cash?
In reply to Post #15
Don't pay / withhold payments, force the government to act. Just like Poll Tax.
Agree we should reopen the North Sea reserves. But the wicked witch of the North seems to think they belong to Scotland. Sooner we get rid of her the better.
Don't pay / withhold payments, force the government to act. Just like Poll Tax.
Agree we should reopen the North Sea reserves. But the wicked witch of the North seems to think they belong to Scotland. Sooner we get rid of her the better.
In reply to Post #17
Would be dependent on where you live....
Would be dependent on where you live....
In reply to Post #17
That's just a silly question looking to provoke or undermine.
Do you have a figure in mind or are you just trying to get a 'win' ? - look around you. The country is screwed and getting worse for millions of people whilst the wealth gap continues to grow in favour of the rich.
When people in full time work can't afford basics like warmth and food then there's a real issue.
£3549 - take that as maybe ten per cent of your actual income before anything else considered. Puts you on £35 grand AFTER tax, so £40,000 plus as a gross wage. Even short sighted and out of touch Zahawi has said that people on £45,000 are going to need help. Does that number help you out?
That's just a silly question looking to provoke or undermine.
Do you have a figure in mind or are you just trying to get a 'win' ? - look around you. The country is screwed and getting worse for millions of people whilst the wealth gap continues to grow in favour of the rich.
When people in full time work can't afford basics like warmth and food then there's a real issue.
£3549 - take that as maybe ten per cent of your actual income before anything else considered. Puts you on £35 grand AFTER tax, so £40,000 plus as a gross wage. Even short sighted and out of touch Zahawi has said that people on £45,000 are going to need help. Does that number help you out?
In reply to Post #20
I merely asked you what you thought was a decent wage, simple question. And, after going all around the wrekin you've finally come up with one. Hurrah!
That is a ludicrous figure. All that will inevitably be passed on to the consumer and make matters worse. So without you getting all paranoid about people provoking you, what would be a solution to all this.?
I merely asked you what you thought was a decent wage, simple question. And, after going all around the wrekin you've finally come up with one. Hurrah!
That is a ludicrous figure. All that will inevitably be passed on to the consumer and make matters worse. So without you getting all paranoid about people provoking you, what would be a solution to all this.?
In reply to Post #20
In reply to Post #22
That's quite the imaginary scenario that you have upset yourself with there mate.
That's quite the imaginary scenario that you have upset yourself with there mate.
In reply to Post #22
Millionaires living in an ex council house 😂
Millionaires living in an ex council house 😂
In reply to Post #24
In reply to Post #25
Wow. The cracks are showing already. Quite the hateful
Little rightwhinge tosspot aren't we?
I suppose we can expect a lot more of this.
Wow. The cracks are showing already. Quite the hateful
Little rightwhinge tosspot aren't we?
I suppose we can expect a lot more of this.
In reply to Post #26
In reply to Post #27
Hateful little ****.
Hateful little ****.
In reply to Post #28
In reply to Post #29
Has a kid hacked NOJ's account?
Has a kid hacked NOJ's account?