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    • The case against the US-based ride-hailing giant is being brought on behalf of over 10,800 drivers.View the full article
    • I have just read the smaller print on their signs. It says that you can pay at the end of your parking session. given that you have ten minutes grace period the 35 seconds could easily have been taken up with walking back to your car, switching on the engine and then driving out. Even in my younger days when I used to regularly exceed speed limits, I doubt I could have done that in 35 seconds even when I  had a TR5.
    • Makers of insect-based animal feed hope to be able to compete with soybeans on price.View the full article
    • Thank you for posting up the results from the sar. The PCN is not compliant with the Protection of Freedoms Act 2012 Schedule 4. Under Section 9 [2][a] they are supposed to specify the parking time. the photographs show your car in motion both entering and leaving the car park thus not parking. If you have to do a Witness Statement later should they finally take you to Court you will have to continue to state that even though you stayed there for several hours in a small car park and the difference between the ANPR times and the actual parking period may only be a matter of a few minutes  nevertheless the CEL have failed to comply with the Act by failing to specify the parking period. However it looks as if your appeal revealed you were the driver the deficient PCN will not help you as the driver. I suspect that it may have been an appeal from the pub that meant that CEL offered you partly a way out  by allowing you to claim you had made an error in registering your vehicle reg. number . This enabled them to reduce the charge to £20 despite them acknowledging that you hadn't registered at all. We have not seen the signs in the car park yet so we do not what is said on them and all the signs say the same thing. It would be unusual for a pub to have  a Permit Holders Only sign which may discourage casual motorists from stopping there. But if that is the sign then as it prohibits any one who doesn't have a permit, then it cannot form a contract with motorists though it may depend on how the signs are worded.
    • Defence and Counterclaim Claim number XXX Claimant Civil Enforcement Limited Defendant XXXXXXXXXXXXX   How much of the claim do you dispute? I dispute the full amount claimed as shown on the claim form.   Do you dispute this claim because you have already paid it? No, for other reasons.   Defence 1. The Defendant is the recorded keeper of XXXXXXX  2. It is denied that the Defendant entered into a contract with the Claimant. 3. As held by the Upper Tax Tribunal in Vehicle Control Services Limited v HMRC [2012] UKUT 129 (TCC), any contract requires offer and acceptance. The Claimant was simply contracted by the landowner to provide car-park management services and is not capable of entering into a contract with the Defendant on its own account, as the car park is owned by and the terms of entry set by the landowner. Accordingly, it is denied that the Claimant has authority to bring this claim. 4. In any case it is denied that the Defendant broke the terms of a contract with the Claimant. 5. The Claimant is attempting double recovery by adding an additional sum not included in the original offer. 6. In a further abuse of the legal process the Claimant is claiming £50 legal representative's costs, even though they have no legal representative. 7. The Particulars of Claim is denied in its entirety. It is denied that the Claimant is entitled to the relief claimed or any relief at all. Signed I am the Defendant - I believe that the facts stated in this form are true XXXXXXXXXXX 01/05/2024   Defendant's date of birth XXXXXXXXXX   Address to which notices about this claim can be sent to you  
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    • Hello,

      On 15/1/24 booked appointment with Big Motoring World (BMW) to view a mini on 17/1/24 at 8pm at their Enfield dealership.  

      Car was dirty and test drive was two circuits of roundabout on entry to the showroom.  Was p/x my car and rushed by sales exec and a manager into buying the mini and a 3yr warranty that night, sale all wrapped up by 10pm.  They strongly advised me taking warranty out on car that age (2017) and confirmed it was honoured at over 500 UK registered garages.

      The next day, 18/1/24 noticed amber engine warning light on dashboard , immediately phoned BMW aftercare team to ask for it to be investigated asap at nearest garage to me. After 15 mins on hold was told only their 5 service centres across the UK can deal with car issues with earliest date for inspection in March ! Said I’m not happy with that given what sales team advised or driving car. Told an amber warning light only advisory so to drive with caution and call back when light goes red.

      I’m not happy to do this, drive the car or with the after care experience (a sign of further stresses to come) so want a refund and to return the car asap.

      Please can you advise what I need to do today to get this done. 
       

      Many thanks 
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    • Housing Association property flooding. https://www.consumeractiongroup.co.uk/topic/438641-housing-association-property-flooding/&do=findComment&comment=5124299
      • 161 replies
    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

      Frankly I don't think that is any accident.

      One of the points that the judge made was that the customers contract with the broker specifically refers to the courier – and it is clear that the courier knows that they are acting for a third party. There is no need to name the third party. They just have to be recognisably part of a class of person – such as a sender or a recipient of the parcel.

      Please note that a recent case against UPS failed on exactly the same issue with the judge held that the Contracts (Rights of Third Parties) Act 1999 did not apply.

      We will be getting that transcript very soon. We will look at it and we will understand how the judge made such catastrophic mistakes. It was a very poor judgement.
      We will be recommending that people do include this adverse judgement in their bundle so that when they go to county court the judge will see both sides and see the arguments against this adverse judgement.
      Also, we will be to demonstrate to the judge that we are fair-minded and that we don't mind bringing everything to the attention of the judge even if it is against our own interests.
      This is good ethical practice.

      It would be very nice if the parcel delivery companies – including EVRi – practised this kind of thing as well.

       

      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
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The great interest rate rip off part 10


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Malaysia Airlines to 'file for bankruptcy or go private' in turnaround plan

 

Malaysia Airlines set to present a turnaround plan later this week which could see it filing for bankruptcy or taken private ahead of major restructuring

 

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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

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The Brics are banking on a rather old-fashioned idea to challenge US and Western dominance

 

 

Is the new bank likely to be of much use? The emerging countries have done pretty well without it, says

 

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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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21 July 2014 Last updated at 20:18

 

 

Criminal probe targets forex market_76421417_ven4f2om.jpg

 

The Serious Fraud Office (SFO) launches a criminal investigation into allegations of price rigging in the foreign exchange market.

 

 

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Tesco says chief executive Philip Clarke expresses his 'enormous relief' over leaving the company.

 

 

 

_76408826_83037405.jpgIndependent help for new pensioners

 

Savers will receive free independent guidance as part of a move to give unfettered access to their pension funds from next year, the government says. 653

 

 

 

Other Top Stories

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Missouri Alone in Resisting Prescription Drug Database

 

By ALAN SCHWARZ

 

 

In declining to keep a prescription drug database, the state has hampered its ability to combat abuse and also drawn buyers from neighboring states.

 

 

 

 

MISSOURI-sfSpan.jpg

Dan Gill for The New York Times

 

Officers searched the bag of a drug user in Missouri, where a few lawmakers have blocked a proposed prescription database.

 

 

 

 

 

 

 

DealBook

 

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In Takeover Bid, Valeant Complains to Regulators About Botox Maker

 

By DAVID GELLES 54 minutes ago

 

As a bitter takeover battle drags on, Valeant Pharmaceuticals contends that Allergan has made false statements about the sales of some Valeant products.

 

DealBook

 

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DealBook

 

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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Tesco chief executive Philip Clarke leaves retailer after profit warning

 

clarke_1879270d.jpg

Britain's biggest supermarket chain appoints Dave Lewis to succeed Philip Clarke as chief executive as sales and trading profit in the first half drop below expectations

 

201 Comments

MH17: Airlines press for security review

 

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Rich overseas students win race for UK homes

 

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Rents in central London are too expensive for young professionals working in the city

1 Comment

 

Stall in global industry raises recovery fears

 

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Europe's recovery "runs out of steam" as broker Macquarie warns that China alone can't support global industrial output

Comment

HP settlement with investors will 'bury' truth

 

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Sushovan Hussain claims settlement will bury truth surrounding Hewlett-Packard's ill-fated $11.7bn takeover of British firm Autonomy

Comment

Pension savers to get 'free, impartial’ help

 

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Savers will start receiving free, independent pensions advice from next year, the Government has promised

7 Comments

 

Forex traders face criminal investigation

 

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Serious Fraud Office launches criminal investigation into "allegations of fraudulent conduct in the foreign exchange market"

2 Comments

Osborne appoints with new BoE directors

 

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The Chancellor has overlooked corporate governance rows and legal arguments with the Government to appoint Don Robert, Dido Harding and Dorothy Thompson to the Court of the Bank of England

1 Comment

How Gulf Keystone nearly lost its star asset

 

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The Kurdistan Regional Government was so concerned by the damaging boardroom leaks to the press it threatened to end the lucrative Shaikan partnership.

1 Comment

UK economy to surpass pre-crisis levels

 

UKhat_2477648g.jpg

Figures this week are expected to show GDP expanded beyond the pre-crisis peak to £383bn

87 Comments

Have central banks been breaking the law?

 

Russia vastly outgunned in economic showdown

 

Juncker faces political test as fines loom on illegal German trade surplus

 

Have central banks been breaking the law?

 

notes_2981809g.jpg

Quantitative easing has had a reverse Robin Hood-type effect by robbing from the poor and giving to the rich

16 Comments UK house prices fall for the first time this year

 

 

 

 

Birmingham poised for £1.3bn HS2 investment

 

 

 

 

Civil servants more productive after cuts

 

 

 

 

Weak productivity 'biggest risk' to the UK economy

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Breaking news

 

 


 

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Royal Mail frets over Amazon threat to parcels business

 

Postal giant blames Amazon’s introduction of its own delivery vans, as well as it cutting the minimum order required to qualify for free delivery, for drop in parcel revenues

 

Exclusive: Lord Lamont may be called as witness in lawsuit over Iraq investments

 

 

 

 

Tesco chief Philip Clarke out with up to £10m and another dire profit warning

 

 

 

 

Starbucks engulfed in China meat scandal after it confirms 'contaminated chicken' sandwich

 

 

 

 

Lidl hits back at critics after paying £25m UK corporation tax bill

 

 

 

 

Credit Suisse posts record quarterly loss after US tax settlement

 

 

 

 

Bill Ackman vows to unveil 'incredible' fraud at Herbalife

 

 

 

 

Netflix profits double as it passes 50 million subscribers

 

 

 

 

Russian oligarchs lose billions amid Ukraine crisis

 

 

 

 

Former Tesco boss Lord Ian MacLaurin backs Clarke's departure

 

 

 

Separating the advice from the firms that are flogging pension products is essential

 

The Chancellor hopes his announcement yesterday will lead to a world where retiring people make informed decisions about their pension choices.

 

 

Every little helps, they say, and it didn’t take much to lift Tesco shares

 

 

 

 

Shopper’s view: Sweaty and frustrating - the Tesco experience

 

 

 

 

Mark McSherry: Wall Street needs Alibaba to works its magic on floats

 

 

 

 

Mark Leftly: What crisis? Ploughing on with probation service reform

 

 

 

 

Mark Leftly: Good news on Grangemouth. But the Government needs to refine its message too

 

 

 

 

Jim Armitage: Michael Fallon, the deft avoider of flak

 

 

 

 

Jim Armitage: Sorry, SNP, these figures just don’t add up

 

 

 

 

Jim Armitage: The dole queues may be shrinking, but wages are falling in real terms

 

 

 

 

Hamish McRae: The Brics are banking on a rather old-fashioned idea to challenge US and Western dominance

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Italian bank lending drops the least in two years in June

 

8:07pm BST

 

Coca-Cola sales miss estimates on flat North America growth

 

7:02pm BST

 

UK watchdog upholds $770,000 fine on 'king of mining' banker

 

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Max Petroleum says reviewing strategic options

 

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Credit Suisse CEO says working with regulators on dark pools

 

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UK June public finances show government slipping off target

 

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French parliament adopts softer law against plant shutdowns

 

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Europe's economy persistently weak, sanctions a problem-Italy minister

 

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Credit Suisse to wind down commodities trading

 

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IG Group says full year revenue rises 2.4 percent

 

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Investors nearing $2 billion deal to buy stake in China bad debt manager Huarong - sources

 

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Strong franc, Olympics expenses hit Swatch's first half

 

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Three new non-executive directors to join Bank of England

 

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More than half of consumers globally upbeat on job prospects - Nielsen

 

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Analysis - A Fox-Time Warner deal would give Murdoch new heft in China

 

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Glenfiddich seeks Drambuie in 100 million pounds scotch merger – Sky News

 

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Yum, McDonald's apologise as new China food scandal hits | btn_rel_video.gif

 

1:56am BST

 

Starbucks China says sold products containing chicken from troubled meat supplier

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

22 July 2014 Last updated at 17:49

 

 

Airlines halt flights into Israel_76449311_175737730%282%29.jpg

 

US and European airlines suspend flights into Israel's Ben Gurion airport after Israeli police confirmed that a rocket landed one mile away.

 

 

_76429847_75018876.jpgRoyal Mail hit by parcel revenue fall

 

Royal Mail's share price falls as it warns of lower revenues from its parcels business, but says it should still be able to meet its targets for the year.

 

 

 

_76448109_ukrainerebelindexafp.jpgEU to widen Russia sanctions

 

The EU will widen sanctions against Russia to include more individuals and consider targeting the defence sector, the Dutch foreign minister says.

 

 

 

Other Top Stories

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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CIT to Buy OneWest for $3.4 Billion

 

By MICHAEL J. DE LA MERCED 10:40 AM ET

 

The CIT Group, which is run by John A. Thain, has agreed to acquire the parent company of OneWest Bank for $3.4 billion in cash and stock.

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Peter DaSilva for The New York Times

 

 

Transforming Strawberries Into Securities

 

By ALEXANDRA STEVENSON

 

Farmland is proving to be a ripe offering for sophisticated investors. Above, Steve Fessler of Prudential Agricultural Investments, left, shows Thomas S. T. Gimbel the harvest on a farm in California.

 

 

 

 

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Courts Issue Conflicting Rulings on Health Care Law

 

By ROBERT PEAR 12:03 PM ET

 

One federal appeals court panel ruled that the government could not subsidize coverage bought by people on the federal insurance exchange. The other said the reverse.

 

 

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F.A.A. Halts U.S. Flights to Israel

 

By JAD MOUAWAD 2:05 PM ET

 

Major American airlines stopped flying to Israel after a rocket fell near Ben-Gurion International Airport, and after the Federal Aviation Administration told them not to fly to Tel Aviv for 24 hours.

 

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Comcast Earns $2 Billion on Strength in Cable Business

 

By EMILY STEEL 1:46 PM ET

 

The largest cable operator in the United States said second-quarter profit increased almost 15 percent despite a loss of 144,000 video customers.

 

DealBook

 

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Credit Suisse Posts Largest Loss Since 2008 After U.S. Settlement

 

By JENNY ANDERSON 11:58 AM ET

 

The bank reported a second-quarter loss of $779 million and said that it planned to exit the commodities business.

 

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Europeans Endorse Limited New Sanctions on Russia

 

By JAMES KANTER and ALAN COWELL 45 minutes ago

 

Foreign ministers of the 28-nation European Union endorsed limited measures but delayed a broader schedule of sanctions until Thursday.

 

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After Malaysia Airlines Crashes, the Payments Are Piling Up for Air Insurers

 

By KEITH BRADSHER

 

The carrier’s two crashes in less than five months could carry a high cost for the aviation insurance industry, especially as its policy lacked a standard limiting clause.

 

Detroit’s Retirees Vote to Lower Pensions, in Support of Bankruptcy Plan

 

By MONICA DAVEY

 

The vote by the city’s public-sector retirees was a crucial step in its plan to emerge from bankruptcy before the end of the year.

 

 

DealBook

 

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Senate Inquiry Faults Hedge Funds’ Tax Strategy

 

By ALEXANDRA STEVENSON

 

Hedge funds have claimed billions of dollars in tax savings through complex financial structures created by Barclays and Deutsche Bank, according to the inquiry.

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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http://www.acting-man.com/?p=31894

 

 

 

Quote

 

​ Economics is like a Monet painting. Stand too close and all you see is a bunch of seemingly random paint strokes. Back up a few steps and an image emerges.

The painting of bubblenomics started with the Plaza Accord, September 1985, where five nations agreed to manipulate the dominant currencies at the time. Japan enjoyed a 50% devaluation of the US$ vs the yen, artificially enriching its citizens so they could travel the world in busloads with eighty pounds of cameras around their necks.

The consequences of that bubble have yet to be corrected. Twentyfour years of fiscal and monetary accommodation led Japan to sport the world's largest public debt-to-GDP ratio.

​ The next big one was the US dotcom bubble, which was generating great wealth during the 1990s. More importantly, it started the era during which income and savings became “old school”. Everyone could live off and retire on never ending asset appreciation. When that bubble burst, in came Greenspan with the mother of all bubbles – the sub-prime bubble.

Amazingly enough, that mother of a bubble would soon be exceeded by the Bernanke/Yellen yield bubble. In Europe, unbeknownst to the world, the Euro/EC bubble was brewing. Sub-prime countries like the PIIGS were allowed to borrow in a manner similar to how dishwashers in the US were given loans to buy McMansions. Marginal economies such as Greece were able to buy Mercedes and import Armenians to do their work while the citizens collected pensions and crowded the coffee bars. The ability to repay was never a consideration.

This massive global bubble financing has unintended beneficiaries. China, India and other emerging markets could never have had double digit growth rates without the flood of capital from the West and the importing of jobs that were deemed unneeded by asset rich Westerners. Countries like Australia and Brazil benefited from supplying raw materials to fuel these bubbles.

..

 

 

In summary, in my opinion, healthier housing ratios should be no more than 1/3 of gross income, with adjustments based on other debt. As a general rule, home prices should be between 3 to 4 times annual income. Based on these guidelines, the price of real estate is far too expensive today, or, more precisely, the cost of housing is too high.

The correction does not have to come from price depreciation, but could come from obsolescing environmentally unfriendly tracts and urban sprawl. Low density may need to be replaced by high density housing and better urban design to meet the life styles of the future. I think we may need another crisis before the market will wake up to the needed changes.

In the meantime, money printing and hype will continue.

 

 

Interesting conclusion

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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RBS bosses 'wilfully obtuse' over alleged mistreatment of small firms

 

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Senior directors at RBS have been strongly criticised for giving misleading evidence to MPs investigating claims that the bank mistreated small firms

13 Comments Government fuel poverty strategy 'meaningless' and 'inadequate'

 

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Ministers set new targets for improving the energy efficiency rating of 'fuel poor' homes

1 Comment

MH17: Why Russian property owners in London will reap rewards after tragedy

 

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Russian property tycoons will continue to make record returns on luxury London homes, say foreign exchange experts

12 Comments

Markets at risk from Black Swan oil price spike

 

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Global stock markets are at risk from a spike in energy prices yet they still haven't reacted, warns Saxo Bank chief economist

21 Comments

Can Royal Mail compete with Amazon's drones?

 

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Shares in Royal Mail have dropped to their lowest point since privatisation as the FTSE100 delivery company admits it is suffering from "intensifying competition" from the likes of Amazon

26 Comments

 

Osborne under pressure as borrowing rises

 

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Chancellor set to miss deficit reduction target for 2014/2015 after borrowing rises in first three months of fiscal year

84 Comments

 

Credit Suisse suffers biggest quarterly loss since 2008

 

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The Swiss bank said it would close its commodities division in a bid to cut costs in the wake of the losses which were triggered by a Sfr1.6bn fine from American authorities

1 Comment

Is this the best stock market statement ever?

 

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'It is foolish to upset those that provide you with finance' - department store chain Beales in spectacular falling out with biggest shareholder Panther Securities, which funds UKIP

2 Comments

Russia vastly outgunned in economic showdown

 

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Combined sanctions by the US, Europe, Japan and the OECD bloc pit a $35 trillion colossus against a $2 trillion midget

614 Comments

You're paying too much for your energy bill, Government admits

 

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Big Six suppliers will save more money than expected from changes to an insulation scheme, ministers admit, urging them to pass on reductions to consumers

 

 

China’s terrifying debt ratios poised to breeze past US levels

 

Europe must tackle Russia using the only weapon that will work

 

Eurozone economy dead in the water, with crisis expected to carry on

 

Our rocketing national debt pile is the British economy’s Achilles’ Heel

 

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The deficit for the first three months of the fiscal year stood at £36.1bn, 7.3pc more than the £33.7bn racked up during the same time last year

Comment BBC drives biggest rise in house prices

 

 

 

 

Europe must tackle Russia using the only weapon that will work

 

 

 

 

Chart that shows homes 'affordable' for young buyers

 

 

 

 

British factory orders strengthening, says CBI survey

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Link to post
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Breaking news

 

 


 

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

British regulator, banks near forex-rigging settlement - Bloomberg

 

7:55pm BST

 

GM recalls 717,950 vehicles in U.S., not for ignition switches

 

7:43pm BST

 

France investigates UBS for suspected tax avoidance offence

 

7:16pm BST

 

UBS says French authorities set 1.1 billion euro bail in tax probe

 

7:16pm BST

 

Yum China cuts ties to owner of plant in meat scandal after arrests

 

7:10pm BST

 

Global stocks rise on solid earnings; safe-haven bonds gain

 

FXpert, 6:22pm BST

 

Daimler says has more to do on costs after solid results

 

5:43pm BST

 

EU approves UK capacity market, renewable support scheme

 

5:37pm BST

 

Tanker charge tarnishes Boeing's 2nd-quarter profit | btn_rel_video.gif

 

Aerospace & Defence 5:33pm BST

 

British fraud prosecutor signals possible forex charges next year

 

5:32pm BST

 

UK fraud office liaising with China on GSK bribery case

 

5:31pm BST

 

GSK clips wings of UK's FTSE after warning

 

FXpert 4:56pm BST

 

Goldman Sachs says BES investment was on behalf of clients

 

4:40pm BST

 

Euro zone confidence falls in July, bodes ill for recovery

 

4:25pm BST

 

GlaxoSmithKline warns on profits as lung drug sales flag

 

4:17pm BST

 

Johnson Matthey first quarter profit falls, currency impact worse than expected

 

4:07pm BST

 

UK's financial ombudsman promotes Caroline Wayman to top post

 

3:21pm BST

 

Formula One refi brings shareholder payouts to $3.5 billion

 

2:55pm BST

 

Tesco pulls finance director photo from corporate website

 

2:52pm BST

 

Bank of England eyes wage puzzle as it mulls when to raise rates

 

UK, 2:31pm BST

 

Bank of England's Carney sees conflicting signals from jobs market

 

UK 2:31pm BST

 

Japan readies fuel cell subsidies in bet on Toyota’s next big thing

 

Japan 1:12pm BST

 

PepsiCo raises profit forecast as North America snack sales rise

 

1:04pm BST

 

GSK CEO says significant interest in auction of mature drugs

 

12:51pm BST

 

Vodafone curtails Orange Spanish fibre network after Ono buy

 

Spain 12:45pm BST

 

Outsourcer Capita to hit 8 percent revenue growth, says CEO

 

12:22pm BST

 

Five held in China food scandal probe, including head of Shanghai Husi Food

 

12:18pm BST

 

Analysis- Puerto Rico debt crisis headed for US-style bankruptcy resolution

 

12:13pm BST

 

Strong fourth quarter boosts UK engineer Renishaw

 

11:57am BST

 

ABB still dogged by problems in power systems

 

11:55am BST

 

EU tells Ryanair to pay back French airport aid

 

Aerospace & Defence 11:54am BST

 

Fidelity to boost equities team with City Financial fund buy

 

11:48am BST

 

UK's Metro Bank ramps up lending to challenge bigger rivals

 

11:31am BST

 

Metro Bank sees up to 70 percent of loans going to businesses

 

11:31am BST

 

Metro Bank sees up to 70 percent of loans going to businesses

 

11:30am BST

 

UK mortgage approvals turn up in June despite housing curbs

 

11:22am BST

 

UK retail sales growth quickens in July - CBI

 

UK, 11:16am BST

 

Telenor raises outlook on solid telecoms data growth

 

11:11am BST

 

Syngenta reaffirms 2014 target despite sluggish North America sales

 

11:08am BST

 

TalkTalk attracts 185,000 new customers to its family TV offer

 

10:47am BST

 

Bank of Spain sees GDP growth picking up to 2 percent in 2015

 

Spain 10:36am BST

 

UK regulator starts prosecution against currency trader Boakes

 

10:27am BST

 

NY Fed found serious problems at Deutsche Bank's U.S. arms - source

 

10:13am BST

 

RBS considers sale of Irish unit to private equity firm - Irish Examiner

 

9:32am BST

 

Morgan Advanced Materials profit rises on revamp, cost cuts

 

9:02am BST

 

Analysis - Watch what markets don't do as world politics turns nasty

 

8:54am BST

 

Capita chief upbeat on prospects after first-half boost

 

8:50am BST

 

Bill payment services provider PayPoint's first-quarter revenue rises 4 percent

 

8:21am BST

 

LG Display second-quarter profit misses estimate as stronger won weighs

 

7:59am BST

 

Strong pound hits UK engineer Renishaw's annual profit

 

7:36am BST

 

BOJ Deputy Gov Nakaso says "conquest of deflation" in sight

 

Japan 7:28am BST

 

Brewin Dolphin managed assets up 2 percent in June quarter

 

7:25am BST

 

Alstom bets on sales growth in rail after GE deal in power

 

7:02am BST

 

StubHub was victim of cyber fraud ring; arrests to be announced

 

5:48am BST

 

RBS 'wilfully obtuse' in turnaround unit evidence - UK lawmaker

 

UK, 3:56am BST

 

Paul Fisher says Bank of England delivered recovery - The Independent

 

UK, 3:20am BST

 

Apple revenue lags Street's view despite strong China growth | btn_rel_video.gif

 

3:18am BST

 

Apple's iPhone sales rose 48 pct in China in June quarter - CFO

 

3:14am BST

 

With sales sputtering, Apple's iPad looks to IBM alliance

 

3:14am BST

 

Microsoft sees end to Nokia losses, shares rise after hours

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

23 July 2014 Last updated at 19:43

 

 

Ban on flights to Tel Aviv renewed_76475988_flight2.jpg

 

The suspension of US and European airline flights to Israel's Ben Gurion airport after a nearby rocket attack has been extended for a second day.

 

 

_76465273_76463448.jpgSix charged over eBay Stubhub break-in

 

US authorities have charged six people after an international investigation into tickets stolen through eBay's Stubhub.

 

 

 

_76459620_175735428.jpgBank and business at odds over rates

 

Bank of England minutes show officials are still wary over raising interest rates while the Institute of Directors believes the Bank is being too cautious.

 

 

 

Other Top Stories

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Government Proposes Faster Changes in Rail Tank Cars

 

By JAD MOUAWAD 12:20 PM ET

 

 

The Transportation Department, responding to a series of accidents, would require stronger tank cars for crude oil within two years.

 

 

 

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Matthew Brown/Associated Press

 

A tank car in North Dakota. Under the new rules, tank cars used for crude oil, ethanol and other petroleum products would require increased steel shielding and better thermal protections.

 

 

 

 

 

 

 

Sinosphere Blog

 

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5 Detained in China Over Processing of Spoiled Meat

 

By NEIL GOUGH

 

Two members of the management of Shanghai Husi Food were among those held after workers were found using expired meat to make products for fast-food restaurants.

 

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The Top Properties in Hong Kong Housing Resist Market Forces

 

By JOYCE LAU

 

While cooling measures have affected most real estate, the very rich are holding onto the city’s most expensive homes.

 

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Despite Anger Over Downed Jetliner, Europe Shies Away From Sanctions on Russia

 

By THOMAS ERDBRINK

 

Foreign ministers had been seen as unlikely to impose tough new measures, for fear of jeopardizing an independent search of the Malaysia Airlines crash site.

 

 

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Apple Reports $7.7 Billion Profit on Strong iPhone Sales

 

By BRIAN X. CHEN

 

While rivals like Samsung are starting to show weakness in phone sales, Apple sold 35.2 million iPhones in the third fiscal quarter, up 13 percent from the period a year ago.

 

 

DealBook

 

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Lenders Offer Low-Cost Services for the Unbanked

 

By MICHAEL CORKERY and JESSICA SILVER-GREENBERG

 

The products provide a different kind of payout: good will from regulators and a chance to woo customers who might one day become profitable.

 

S.E.C. Votes to End Fixed Share Price for Some Money Funds

 

By THE ASSOCIATED PRESS 12:31 PM ET

 

Regulators voted to end a staple of the investment industry — the fixed $1 share price for money-market mutual funds — for some money funds in a bid to minimize the risk of a mass withdrawal.

 

DealBook

 

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Fed Is Said to Criticize Deutsche Bank’s Oversight and Reporting Efforts

 

By MATTHEW GOLDSTEIN

 

A lawyer for a former employee of the bank said the Federal Reserve Bank of New York told the German bank of its findings in December.

 

Familiar Ignition Flaw Leads to Recall by Chrysler of Jeep S.U.V.s

 

By HILARY STOUT

 

The defect affects a still-undetermined number of Jeep Commanders and Grand Cherokees manufactured between 2005 and 2007.

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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SFO to charge Alstom with corruption, moves against UK arm

 

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Serious Fraud Office to file charges against the French engineering giant "imminently", as it starts proceedings against two of its companies in the UK

Comment Mark Carney: interest rates must rise to avoid housing bubble

 

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The Governor of the Bank of England, the so-called "unreliable boyfriend" of monetary policy, has issued another hint at an imminent rate rise

44 Comments

US to grow at fastest pace in a decade, says IMF

 

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IMF is “optimistic” about the US, where the labour market is “steadily improving”, wages are rising and the housing market is becoming “healthier”

16 Comments

Weak wage growth splits Bank of England rate setters

 

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Policymakers debate whether raising interest rates would help determine degree of "slack" in economy

17 Comments

Heatwave drives recovery in retail sales

 

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CBI report says British shoppers snapping up barbecues and summer clothing

Comment

Buyers line up for GlaxoSmithKline's old drugs

 

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Sir Andrew Witty says a "raft of companies" have shown interest in GSK's established products portfolio

Comment

UK mortgage lending falls in six months as stricter rules bite

 

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Mortgage approval levels in June are 11pc lower than in January, following fierce rhetoric from the Bank of England on household debt

9 Comments

Metro Bank reports strong growth but still fails to challenge the Big Four

 

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The challenger bank says second quarter deposits have doubled from last year and lending has trebled but it still lags far behind Britain's dominant high street banks

Comment

 

Capita delivers first-half boost on the back of government outsourcing

 

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The new chief executive's maiden interim results provide a marked contrast to rivals' woes and highlight the public sector's requirement to "do more with less"

Comment

Ofcom scraps five-fold increase in mobile operator fees

 

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Regulators drawing up new regime after fierce lobbying from EE, O2, Three and Vodafone that claimed a threat to 4G rollout

MH17: Russian companies face $112bn wall of debt

 

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Young unable to buy as rent outstrips mortgage payments

 

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Renters are spending double their slice of income on housing than home owners do, squeezing the young out of the property market

 

Putin, not the pound, is the big risk for UK manufacturers

 

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If the downing of MH17 spreads the economic impact of the Ukrainian troubles beyond Eastern Europe and Germany,then UK manufacturing confidence could be hit in the next few months

1 Comment Interest rates will rise to lower level than before, says Carney

 

 

 

 

Bank of England delivered recovery with this formula: QE + FLS

 

 

 

 

'Clueless' young jobseekers on the decline

 

 

 

 

Our rocketing national debt pile is the British economy’s Achilles’ Heel

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

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