User avatar
By Watchman
#71020
This malarkey about VAT on private school fees; I read elsewhere (sorry didn’t retain all the details) but basically if Winchester School, over the past 10 years, had risen their fees by the prevailing rate of inflation, then they would now be in the region of £24k pa as opposed to current figure north of £40k. So if you can incorporate those sort of numbers in your family budget, VAT isn’t going to shift the dial too much.
Although I do think greater attention needs to be given to such establishments having charitable status.
By mattomac
#76592
He is comparing the outcome with the actual issue.

It’s why I’ve tried to rent from the landlord, the issue with his article is that the real villains of the system have created this situation.

Letting agents are far worse than any Landlord I’ve had and I’ve had some terrible ones.

It’s sort of the “posh” coffee argument and these are arseholes who have bought a house through saving, and which every time they’ve basically got a loan from mum or dad and been able to live at home for about 5 years.
User avatar
By kreuzberger
#80889
They also don't mention that the American markets are inflated to a point at which a correction will cause severe and tangible pain. The point is that this bubble has been racing in to the stratosphere for quite some time, and most of the available liquidity has already jumped aboard. As with any Ponzi-Scheme, you need the injection of fresh blood from new investors.

And, there ain't many left.

Much of the timing is dependent on Trump's well-telegraphed recklessness, so March '25 might be a good time to bail out.
By Youngian
#80942
The Weeping Angel wrote: Mon Dec 16, 2024 9:09 pm Don't worry the Telegraph have got the answer a free market revolution.



They also fail to mention

A) Trump isn't President yet.

B) He wants to impose Tariffs which is the opposite of the free market.
Doesn't anyone on the right listen to Steve Bannon, the nearest Trump has to an economics guru?
Trump's economic nationalism is an anecdote to the failures of the globalist free market settlement.

There's an interesting discussion as to why the US has pulled away from Europe on GDP but it's not a lack of free markets and global trade on Europe's part. It might be the opposite and Germany's over reliance on exports to China was a temporary bubble that has burst.
Whatever the reasons, the discussion should not include the idiotic Telegraph.
User avatar
By Andy McDandy
#83872
Meanwhile, Allison Pearson is claiming that those guys screaming "P*kis out! and lobbing bacon at Sikh Gurdwaras were actually expressing a complex critique of the cultural differences between European and Islamic cultures:

https://www.telegraph.co.uk/news/2025/0 ... mpossible/
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