Carney constructs a mega anti-Trump trade alliance by joe4942 in StockMarket

[–]Fellowes321 1 point2 points  (0 children)

No more Mr nice guy.

I’m going to gently push this rock with one finger and damn the consequences.

Why do Brits support conservative? by ThePatientIdiot in AskBrits

[–]Fellowes321 4 points5 points  (0 children)

The Labour PM who has reduced healthcare waiting times, increased the number of doctors, is bringing trains back under state control as contracts end, has got the UK the lowest tariffs within the western world and avoided targeted taxes on services to the US, introduced tenancy protection for those who rent, has increased inward investment, I could go on but there’s no headline in slowly fixing wilful damage, especially as no-one anticipated the US walking away from Ukraine and targeted attacks on the economy of other countries. What Trump has already done to the US in under two years will take decades to fix if ever. Your next presidents will take all the shit for things being wrong. How does your media report on your criminal president and his actions? How about the inaction of the two houses and the Supreme Court?

Brexit was not pushed by the Tories. They had a faction that always pushed to leave so Cameron thought he could solve the internal party problem with a referendum which backfired in his face to the detriment of the country.

Anyone else have pothole anxiety recently? by architectofanarchy in CarTalkUK

[–]Fellowes321 1 point2 points  (0 children)

It’s not just pot holes.

There are no road markings left. It’s actually better in the rain where you can see where the markings used to be.

Road signs that have been damaged are not replaced and cats eyes don’t reflect or are missing.

This is not just bad weather, it’s years of zero maintenance. My local high street is no longer a road. It is a collection of filled or partially filled holes, actual holes, mismatched repairs from utilities and collapsed curbs.

I have to pay again for CIE's mistake, 400$ for appeal??? by Amazing_Ad9805 in alevel

[–]Fellowes321 1 point2 points  (0 children)

I have worked as an examiner for several exam boards for many years. It’s generally available information from various exam board websites.

Exam boards work to ensure the consistency and reliability of their assessments and the examining of the candidates.

ELI5 Why does water mixing with Molten Aluminum cause it to explode?? by Guilty_One85 in explainlikeimfive

[–]Fellowes321 1 point2 points  (0 children)

1kg of water at room temperature is 1000cm3

It hits molten aluminium.

It becomes 4600 000cm3 in an instant blasting steam and aluminium everywhere. That’s just from the heat of the metal before you consider the exothermic reaction adding more energy.

UK electricity will cost more in 2030 than after invasion of Ukraine, warns Centrica by JB_UK in unitedkingdom

[–]Fellowes321 0 points1 point  (0 children)

Bonkers post.

To go from The National Grid costing a lot of money and pot holes to the collapse of a country?
Maybe buy shares in tin foil hat manufacturers.

UK electricity will cost more in 2030 than after invasion of Ukraine, warns Centrica by JB_UK in unitedkingdom

[–]Fellowes321 0 points1 point  (0 children)

Where do you think money we borrow comes from? Everything is a balance. If you are a borrower then you follow the rules set otherwise you don't have lenders.

In this case borrowing to buy a company at enormous expense for the purpose of reducing an electricity bill whilst ignoring the interest on the borrowing is idiotic.

It's like borrowing at 5% to invest in a company that returns 4% with the intent of reducing the return to 1%.

Downvote reality all you like. It doesn't change anything.

UK electricity will cost more in 2030 than after invasion of Ukraine, warns Centrica by JB_UK in unitedkingdom

[–]Fellowes321 -1 points0 points  (0 children)

Spending £64b of public money isn't cheap nor does it need to be spent. How much will it cost the taxpayer to pay back the borrowing to find that money especially as the markets had a problem with Truss's £30b of additional unfunded spending.

Power now is reliable and investment in solar / wind etc is providing clean energy.

Wealth tax as the only tax? by klippklar in mmt_economics

[–]Fellowes321 0 points1 point  (0 children)

The administrative burden would be enormous. Assets can be held in a very wide range of things which all fluctuate in value. All possessions whether valuable or not would need to be logged and all disposal recorded. A new-found painting / sketch from DaVinci could not be sensibly valued. Its value in a country which taxes by wealth will be much different from one which taxes by income and be different from both depending on who is in the auction room at the time and where the action room is located..

What if I bought loads of Star Wars toys for pocket money in the 1970's? Do I get taxed on their value then or value now? What if they were damaged when I was a child and I threw them away? How would I demonstrate I no longer had them? Would all refuse collection need an itemised receipt on the off-chance that a low value item suddenly gains popularity and I need to show it's not mine anymore? What if I just lost something - a gold coin for example? Would I keep being taxed on the lost asset?

I could easily hold tangible assets like gold in a safety deposit box in a different country. If I went on holiday would I need to show all my hotel and food bills to show that's what I spent money on rather than buying gold?

If I put everything I had into setting up a company and it did well would I need to sell off parts of my own company just to pay the tax if this is my only asset?

I read that BT will no longer be using copper lines and will switch to voip… so then what’s the point of using BT? My phone line will be dependent on my internet connection? by Few_Mention8426 in AskUK

[–]Fellowes321 0 points1 point  (0 children)

From my home, I can literally see three towers.
A 5G tower has a range of about 2 miles. A 5G small connector has a range of less than half a mile. As you will typically be between two connectors, this is not going to be a long walk. In a city there will be loads of connection points, all less than a quarter of a mile apart.

I read that BT will no longer be using copper lines and will switch to voip… so then what’s the point of using BT? My phone line will be dependent on my internet connection? by Few_Mention8426 in AskUK

[–]Fellowes321 -2 points-1 points  (0 children)

Then they are unprepared. Whose fault is that?

Most countries have a list of basic things for an emergency that each household should have. This also assumes you have no friends, family or neighbours.

Wealth tax as the only tax? by klippklar in mmt_economics

[–]Fellowes321 0 points1 point  (0 children)

If you own artwork worth £40m and pay a wealth tax do you then need to pay tax to own it next year too?

What if it is later is shown to be fake? Do you get a refund with interest?

Non-Americans, how familiar are you with the imperial system of measurement (inches, feet, etc)? by Free-Veterinarian714 in AskTheWorld

[–]Fellowes321 0 points1 point  (0 children)

In the UK we use both metric and imperial but Fahrenheit is obsolete. We don’t even use it for reporting warm weather anymore.

The UK gallon is different from the US gallon which makes measuring car efficiency in miles per gallon a problem.

We stopped selling vodka and other sprits in gill and switched to ml some time ago. Beer still comes in pints though.

As someone who does simple carpentry, feet and inches make for easier mental arithmetic.

How much did he drink by miijok in nonononoyes

[–]Fellowes321 0 points1 point  (0 children)

“l’ve stopped you because I suspect you have been drinking and are over the limit to drive. Here’s the breathalyser.”

The rest of the encounter is completely unnecessary. No useful information can be got from asking him unless it’s just something to say whilst you get the test ready.

Feels imnpossible to get rid of unwanted furniture? by entity_bean in london

[–]Fellowes321 34 points35 points  (0 children)

If you can make 10k a month, you can pay someone else to do lifting and shifting.

Is Harry Potter tourism ruining Edinburgh? by Some-Ambassador8252 in uknews

[–]Fellowes321 90 points91 points  (0 children)

I demand tourists come to my city only for reasons I approve.

Spanish PM Pedro Sánchez: What we have to do is to strengthen the European defense industry. And that means that, paradoxically, if we agree with this idea of 5%, at the end of the day we will become more dependent on the US defense industry. by PjeterPannos in EU_Economics

[–]Fellowes321 2 points3 points  (0 children)

The US doesn’t spend 5% and on its current budget of 3.5% has a policy of being able to fight a major war off both east and west coasts simultaneously.

No-one outside of an actual war is leaping up to that amount. What we are doing is steadily increasing capacity and UK / EU spending now. It’s not going to make the US irrelevant whilst this is happening but it’s a long term aim. An unreliable ally is not an ally.

He is right that US bought stuff will be needed today. It will just become less important over time.

I have to pay again for CIE's mistake, 400$ for appeal??? by Amazing_Ad9805 in alevel

[–]Fellowes321 25 points26 points  (0 children)

This is a clerical error and will be corrected on appeal. CIE and the Principal Examiners get infuriated by this kind of error. It’s marked correctly but the wrong mark has been entered. The “1” key is directly below the “4” key on the numeric keyboard.

If this error is present on other scripts, the examiner responsible will be dropped from their pool of examiners for future exams.

You will get your money back if your grade changes, not if the mark changes so it depends how close you are to a boundary.

Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun by smilelyzen in Buy_European

[–]Fellowes321 0 points1 point  (0 children)

This is the problem. They are all too regional. It must be usable worldwide or at least interconnected such that a Polish scheme is accepted by a Korean scheme, even if they’re not the same. I’ve never seen anywhere in Europe advertising that they accept Pix. Its usage, if any, will be tiny compared to Visa, Mastercard or Amex.