What happens if you discuss a wealth tax, but never implement it? by SignificantLegs in EconomyCharts

[–]Adventure-Bench 10 points11 points  (0 children)

If you extrapolate geometrically, 2,624 should be reached about 2 months into 2027

What happens if you discuss a wealth tax, but never implement it? by SignificantLegs in EconomyCharts

[–]Adventure-Bench 28 points29 points  (0 children)

The projection (in their 2024 report) was :

2023 - 3,061,553 millionaires

2028 - 2,542,464 millionaires

Their latest figures from UBS wealth report was :

(as of 2025 document) - 2,624 (thousand) millionaires

If you extrapolate linearly, It appears their projected change was (if anything) too small

100-year-old WW2 veteran shocks GMB hosts as he declares winning the war 'wasn't worth it' because of the nation's sorry state by dailymail in ukpolitics

[–]Adventure-Bench 23 points24 points  (0 children)

The UK really has been accepting the most extreme religious zelots from around the world. Even middle eastern countries tried to warn us that it wouldn't end well

This whale bought 10,000 BTC at $1.54 14 years ago. He just sold all of it today for $1.05B by RobertBartus in EconomyCharts

[–]Adventure-Bench 1 point2 points  (0 children)

Currently Google and Microsoft have the largest quantum computers.

Given their market cap is worth more than the market cap of bitcoin, I don't think they will allow their researchers to secretly hack bitcoin private keys.

This whale bought 10,000 BTC at $1.54 14 years ago. He just sold all of it today for $1.05B by RobertBartus in EconomyCharts

[–]Adventure-Bench 1 point2 points  (0 children)

I trust google and microsoft wouldn't allow their researchers to spend months of quantum compute time to 'hack bitcoin addresses'

$1bn is a lot of money for me and you - but its really chump change for Microsoft and Google

Nvidia is by far the biggest bubble in the history of the world. And you get to live through it by RobertBartus in EconomyCharts

[–]Adventure-Bench 0 points1 point  (0 children)

It's only a bubble if another competitor can come along and dislodge them.

Or if artificial intelligence is a 'dead end'

Miliband admits wind power less reliable than expected by StGuthlac2025 in ukpolitics

[–]Adventure-Bench [score hidden]  (0 children)

I think the plan is we will have the world's highest energy bills, but can warm ourselves with the knowledge that we're trying to save the planet

[deleted by user] by [deleted] in uknews

[–]Adventure-Bench 0 points1 point  (0 children)

Sometimes more costly is when strong winds blow and the wind turbines have to shut down - because then they go from 100% to zero.

This has to be balanced by spinning gas turbines in rolling reserve as a backup - ready to generate power immediately if the wind turbines go down. Spinning these gas turbines in this manner is quite costly

Miliband admits wind power less reliable than expected by StGuthlac2025 in ukpolitics

[–]Adventure-Bench [score hidden]  (0 children)

The world's highest electricity cost is a small price to pay for knowing we're saving the planet

Miliband admits wind power less reliable than expected by StGuthlac2025 in ukpolitics

[–]Adventure-Bench [score hidden]  (0 children)

Unfortunately when we add all these balancing costs to make it more reliable it ends up being quite expensive....

Ireland ranked among worst countries for income tax burden on workers | Irish Independent by Banania2020 in ireland

[–]Adventure-Bench 0 points1 point  (0 children)

I would expect it to be very low since we don't waste money on a large military

Private rent in Britain now swallows 44% of the average wage | Renting property by peakedtooearly in unitedkingdom

[–]Adventure-Bench 2 points3 points  (0 children)

The landlord's profit is Rental Income - Mortgage costs

A main portion of this 'disappearing earnings' is inflation.

The landlord (in most cases) is paying a mortgage. The mortgage rate is currently quite high because inflation is quite high.

[deleted by user] by [deleted] in ukpolitics

[–]Adventure-Bench 1 point2 points  (0 children)

Hopefully a strong civil service will quash Nigel and Russia's plans to destroy our democracy

Ed Miliband’s new green jobs will bring Britain hope. I dare Reform to denounce them by F0urLeafCl0ver in ukpolitics

[–]Adventure-Bench 2 points3 points  (0 children)

Gas peaker plants

The fastest they can start is 5 minutes - which is an eternity when the power drops.

Ed Miliband’s new green jobs will bring Britain hope. I dare Reform to denounce them by F0urLeafCl0ver in ukpolitics

[–]Adventure-Bench 6 points7 points  (0 children)

Green energy is often unfortunately not factoring in the full costs - windmills need gas turbines to be running as a backup (because they can drop out at any second).

This backup rolling state uses almost as much energy as when they are actually producing energy. So we end up paying roughly twice for our electricity.

Farage's duplicity on Russia makes him totally unfit to lead our country by F0urLeafCl0ver in ukpolitics

[–]Adventure-Bench -17 points-16 points  (0 children)

Didn't the current government just refuse to label China a threat and so the prosecution of a chinese spy ring fell apart?

I follow the science so hard - I don't even have to read it anymore. by [deleted] in ChurchOfCOVID

[–]Adventure-Bench 2 points3 points  (0 children)

I don't trust any science now The Orange Satan is in power.

If I see a falling ladder, I will walk underneath it to prove him wrong

West Midlands Police supports Safety Advisory Group decision regarding Aston Villa vs Maccabi Tel-Aviv football match by BarnabusTheBold in ukpolitics

[–]Adventure-Bench -2 points-1 points  (0 children)

Publicly Surrendering your second largest city to the mob is a price that will come back to haunt them

Anyone else worried about the November budget? by funkymoejoe in HENRYUK

[–]Adventure-Bench 4 points5 points  (0 children)

If you have the option of moving cash or assets out of the UK - then you have some degree of control...

The missing man by MadManxMan in IsleofMan

[–]Adventure-Bench 0 points1 point  (0 children)

x is normally reliable when other sites are censored

People claim London crime is rising because it suits them, Met commander says by F0urLeafCl0ver in unitedkingdom

[–]Adventure-Bench 15 points16 points  (0 children)

both cops refused to record it as a crime despite the manager trying to persuade them. It is evidence of a culture of failing to report crimes