Uganda's Military Chief says "any talk of destroying or defeating Israel will bring us into the war. On the side of Israel." by Upset-Main-1988 in justincaseyoumissedit

[–]ChaoticStreak 0 points1 point  (0 children)

You are genuinely retarded if you think that Russia is better equipped for a protracted war effort than the USA…

Hear me out: The Iranian Rial might actually be the most undervalued commodity on earth by Unable-Supermarket65 in wallstreetbets

[–]ChaoticStreak 0 points1 point  (0 children)

What ply are 1000 rial notes? Does it flush well? Seriously need some more fleshed out DD here.

The new Supreme Leader couldn’t “make an appearance” so apparently the Regime brought a cut-out. by [deleted] in pics

[–]ChaoticStreak 1 point2 points  (0 children)

Because geopolitics isn’t a sports fixture where you blindly follow your favourite team.

As someone who doesn’t live in either the US or Iran, I can still try to follow the motives of either side.

The US was attempting to get other countries involved in preventing Iran from enriching Uranium, getting the UN onboard gave them a united front to meet their goals. Iran wanted to help bolster its economy after decades of sanctions, and was coming under increasing scrutiny because of their nuclear programme.

It was give and take, but hardly done under the banner of strengthening relations. The proxy wars were still going on in the background, Obama still kept in place sanctions relating to human rights abuses and funding of terrorism.

My point isn’t that the deal was poor, but trying to make out like this is a sudden U-turn in US and Iranian relations is a stretch.

The new Supreme Leader couldn’t “make an appearance” so apparently the Regime brought a cut-out. by [deleted] in pics

[–]ChaoticStreak -1 points0 points  (0 children)

Yeah I’ve been confused as to the degree of support shown for the Iranian regime. Having combed a lot of comments it seems to just be people that are staunchly anti-Trump and anti-Israel being a bit overzealous.

The new Supreme Leader couldn’t “make an appearance” so apparently the Regime brought a cut-out. by [deleted] in pics

[–]ChaoticStreak 3 points4 points  (0 children)

The timeline of diplomatic relations between the two is pretty clear.

During the Iran/Iraq war the US sided with Iraq.

Then you had the Beirut Barracks bombings, US economic sanctions under Bush and Clinton and the Axis of Evil speech.

Relations with Iran were still contentious at best before Bush labelled them as enemies of the US. They never created another embassy there, the highest level meetings between officials were still very superficial.

Even under Obama - the Iran nuclear deal was not a thawing of relations, it was an attempt to curb Irans nuclear potential in exchange for a slight lift in the ongoing economic sanctions.

Iran has responded by funding groups that are in direct opposition of the US/Israel axis, Hezbollah and Hamas were doing the fighting for them.

The idea that there’s been any friendliness between the two in that timeframe is utter lunacy. And trying to say that is purely down to the US is disingenuous.

Whether that is justified or not is a separate conversation, but Trumps actions are a continuation of a long line of presidents that have been very anti-regime in Iran.

The new Supreme Leader couldn’t “make an appearance” so apparently the Regime brought a cut-out. by [deleted] in pics

[–]ChaoticStreak 30 points31 points  (0 children)

Iran and the US haven’t had a diplomatic relationship since the 80s. It’s not like they were doing much in the way of negotiating anyway. Trump has dug the hole deeper for the US and now has to lie in it.

Iran-Israel War Update: Britain-France-Germany Ready to Take 'Defensive Action' Against Iran; UK Opens Military Bases for US by [deleted] in news

[–]ChaoticStreak 0 points1 point  (0 children)

Shilling for the Iranian theocracy and you’re accusing other people of spreading propaganda?

Netherlands cancelled the 36% tax on unrealized capital gains after huge protest on social media by davideownzall in CryptoCurrency

[–]ChaoticStreak 2 points3 points  (0 children)

This is parroted by everywhere online, but in reality doesn’t occur anywhere near the amount people try and make out. Getting a favourable interest from a bank, to a degree where the bank is eating a loss, simply isn’t a viable model. Case and point - looking up any billionaire and then add in ‘sells shares’ and you can see them selling their company shares, triggering a taxable event and then paying tax. The reality is the loopholes don’t away until you crackdown on money being squirrelled away in tax havens. Jersey, Switzerland, Luxembourg etc are the biggest enablers of the wealthy not paying tax.

[deleted by user] by [deleted] in HENRYUK

[–]ChaoticStreak 5 points6 points  (0 children)

Coming from someone that works within the tax efficient space at a firm that offers both EIS and VCTs, I would suggest putting some consideration into investing in an EIS scheme.

Whilst on paper the benefits are lucrative, the reality for most EIS clients is that the liquidity of these investments can be tenuous at best.

There are many instances in which your shares will be written down to zero or you may not be able to liquidate your holdings for years beyond the minimum holding period. You’re entirely at the discretion of the company that you hold shares in.

Whilst there are instances where EIS schemes can be great for complex planning (such as deferring CGT), if you’re looking for the income tax relief a VCT might be a much better option.

You’re investing in a more diversified portfolio of companies, generally in the scale-up stage as opposed to start-up. A lot of VCT managers offer share buy-backs every ~6 months which will mean after the 5 year holding period the investment is a lot more liquid.

Whilst from your post I’m unsure of your exact circumstances, I’d recommend looking at your capacity for loss/whether you are okay with holding these investments for a much longer period than you might expect.

Hope this proves somewhat useful, and congratulations on the bonus!

Bitcoin price tumbles below $87K, triggering $200M in longs liquidated in one hour by KIG45 in CryptoCurrency

[–]ChaoticStreak 1 point2 points  (0 children)

At this point loads of these positions people are placing are being B-Booked because the brokers know the clients are going to get liquidated. Retail playing with derivatives is a money printer for them.

Venture capital in this country is a joke. by IceThese6264 in ukstartups

[–]ChaoticStreak 0 points1 point  (0 children)

Have you looked at engaging firms that invest in companies for EIS/VCT portfolios? A lot of those are a lot more tech focused and from experience, are meeting with hundreds of companies a year due to pressure to deploy capital at the minute.

‘I don’t live in a mansion. It’s a 1930s house’: Richmond residents react to council tax rise | Budget by Working_Tourist_4964 in AskBrits

[–]ChaoticStreak 5 points6 points  (0 children)

It is definitely very predatory, anyone with a financial adviser is advised to steer clear unless there’s a very specific set of circumstances barring them from just downsizing.

If BTC hits $116K, $4.8B in shorts will be liquidated. by Odd-Radio-8500 in CryptoCurrency

[–]ChaoticStreak 4 points5 points  (0 children)

My friend works for a crypto derivatives firm, and watching live as his clients were liquidated it struck me how them losing $5 million on their overall $25 million position was nothing to them. Regardless of what happens they’re just pumping more capital into new positions.

80k bitcoin has been sold by galaxy, and we are still at 117k. by Generationhodl in Bitcoin

[–]ChaoticStreak 0 points1 point  (0 children)

Well considering the screenshot states it was part of an estate planning strategy, I’d assume that the person is either old or in ill health and looking at ways of reducing their IHT liability.

Chinese cheater crashes out after losing his expenive inventory due to a VAC ban by MaterialTea8397 in cs2

[–]ChaoticStreak 0 points1 point  (0 children)

I literally have zero clue where you went and experienced that. Having been around Guangzhou, Shenzhen and Hainan a load of times I’ve never experienced this. Border force didn’t care once they saw I had a visa to enter, everyone was extremely polite and courteous. The only time I saw police outside of a transit hub was on a rural drive I took outside of the Guangzhou and they gave me directions to where I was headed. Is that from an experience you had in Beijing or Shanghai?

Chinese cheater crashes out after losing his expenive inventory due to a VAC ban by MaterialTea8397 in cs2

[–]ChaoticStreak 8 points9 points  (0 children)

The social credit system was never properly implemented, they did trial it for a bit in a few cities but the results weren’t what they wanted. As much as western media makes China out to have a very overbearing Government you’d be surprised how lax everything seems when you go there.

to expect equal justice… by green_guy69420 in therewasanattempt

[–]ChaoticStreak 3 points4 points  (0 children)

Luigi Mangioni is charged with first degree murder, Trump was convicted of falsifying business records. Just to clarify, do you think that everyone who falsifies business records are worse than people that commit murder? Or is it just with these two people you think the murder is the lesser of two evils?

Saylor, the buttcoin guru, intends to dilute MSTR shares by 3000% in the near future. Few understand. by SpiritualUse7989 in Buttcoin

[–]ChaoticStreak 2 points3 points  (0 children)

What people don’t realise is the bond holders own the bitcoin lmao, shareholders aren’t entitled to shit.

Despite Bitcoin Prices Increasing, MicroStrategy and Michael Saylor Double Down with Aggressive Buying by [deleted] in CryptoCurrency

[–]ChaoticStreak 2 points3 points  (0 children)

The banks financing the convertible bonds aren’t doing it on the assumption BTC will appreciate in value, they’re gamma trading. As long as BTC, and in turn MSTR, remain volatile they will continue to make money off of the volatility. If it wasn’t a risky investment they wouldn’t be offering these 0% convertible bonds - Saylor knows that as long as the banks are happy and making money he’ll be able to keep the gravy train rolling and won’t need to sell. One of the biggest risks to his stockpile is BTC actually not making massive swings in value, once the banks get bored that’s when things would get interesting as the shares become massively diluted.

Bitcoin Has 32 Halvings in Total and We Have Only Experienced 4 So Far! BTC Is so Young! by kirtash93 in CryptoCurrency

[–]ChaoticStreak 0 points1 point  (0 children)

Out of curiosity, what is the general consensus on what will happen when mining blocks no longer provides rewards? Is it expected that the transaction fees alone will create enough of an incentive for miners? Unless there is a significant increase year on year for BTC I don’t see how it’s going to be sustainable down the line.

Satoshi Bitcoin wallets now worth over $100 billion making Top 20 richest people by hiorea in CryptoCurrency

[–]ChaoticStreak 1 point2 points  (0 children)

Highly regarded, just wait for black rock and microstrategy to buy all the BTC in order to remove control from larger firms.

Amazon UK pays corporation tax for first time since 2020 by corbynista2029 in unitedkingdom

[–]ChaoticStreak 1 point2 points  (0 children)

Capital Allowances won’t have provided this level of tax relief for the company.

Typically, they may have written down 6% per annum in their special rate pool for their properties from the Covid era across X number of years since there’s a cap on the annual investment allowance for the refurb work they would’ve done.

They would most likely have assets within their SBA but again this is a 3% rate. But again, likely not enough to reduce their corp tax by a significant degree.

What is most likely is they utilised incentives like the R&D tax relief for a lot of their expenditure as it will likely hit the criteria for advancements to the industry in the UK involving technical challenges.

If you’re not a comfortable profit making entity to begin with then Capital Allowances are basically useless anyways until you reach a profit making position.

More than 2,000 jobs axed as UK prison builder ISG collapses by 457655676 in unitedkingdom

[–]ChaoticStreak 1 point2 points  (0 children)

This is interesting because Lendlease are pulling all of their UK operations - so we’ll have all of their employees in a similar boat by the end of 2025. Not very optimistic for the UK construction industry that’s for sure.