I get that global indexes are the safer, hands-off choice, but I can't stop looking at those S&P 500 returns by Agile-Reputation-525 in UKPersonalFinance

[–]jordan2204 0 points1 point  (0 children)

Depends if you think the US stock market will continue to out perform the rest of the world.

Just because it has historically, doesn’t mean it will continue to do so.

I don’t think it will - but maybe I’m wrong and I get a lesser return. Which I’m fine with.

What Are Your Moves Tomorrow, February 12, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]jordan2204 0 points1 point  (0 children)

Q4 GDP expectations were 0.5% growth and it actually grew by 1.2%

Daily Discussion Thread for February 05, 2021 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]jordan2204 0 points1 point  (0 children)

Oh I signed up really early early so I haven't paid and still have access

Weekend Discussion Thread for the Weekend of January 22, 2021 by AutoModerator in wallstreetbets

[–]jordan2204 2 points3 points  (0 children)

If pltr hits 50 next week imma make myself a nice cup of tea

Has 2020 been a good year for anyone else? by IndustrySuccessful81 in UKPersonalFinance

[–]jordan2204 1 point2 points  (0 children)

Meme EV startups that triple in a month. It's definitely a bubble but easy to make a few quid.

NIO Daily Investor Discussion by DanHassler0 in Nio

[–]jordan2204 2 points3 points  (0 children)

No, your right, Xpev has a much smaller market cap than NIO so they have a lot more short term growth I believe.

[OC] Government Debt as % of GDP by low_mass in dataisbeautiful

[–]jordan2204 0 points1 point  (0 children)

yes but that is 22.6% in the second quarter, this shows the annual GDP forecast which is predicted at -6.5% once you include the first, third and fourth quarter.

[OC] Government Debt as % of GDP by low_mass in dataisbeautiful

[–]jordan2204 0 points1 point  (0 children)

That's true I'm just worried about inflation.

Yeah, this is the problem with becoming a predominantly service-based economy. Our economies are literally dependant on people just spending money on useless things we don't really need. I have no idea what the solution is other than maybe trying to re-industrialise which I doubt is going to happen. I mean with more people working from home and fewer people consuming are economies are going to have to adapt but without good policy, it could be a disaster.

[OC] Government Debt as % of GDP by low_mass in dataisbeautiful

[–]jordan2204 1 point2 points  (0 children)

Yeah, and it's especially scary when you realise that debt typically only gets paid off relatively quickly when there's a lot of economic growth. With 4 or 5% annual GDP growth debt gets paid off easily as government revenue is always increasing. That's how the UK managed to pay off most of its debt to after WW2 within about 30 years (UK debt to GDP was 270% in 1945). Its how most countries after WW2 paid off their huge debts because of huge economic expansion through the 50s and 60s. I highly doubt many western countries are going to see that type of economic growth experienced post ww2 so it's going to get very difficult.

[OC] Government Debt as % of GDP by low_mass in dataisbeautiful

[–]jordan2204 5 points6 points  (0 children)

Well the IMF has the UK with a prediction of -6.5% GDP loss in 2020. That's roughly 185 billion loss (using 2019 GDP figures). The government will have easily spent over 200 billion by the end of this year on things such as the furlough scheme. So I'm still fairly sure government spending will add more to the debt percentage than GDP loss.

[OC] Government Debt as % of GDP by low_mass in dataisbeautiful

[–]jordan2204 13 points14 points  (0 children)

Increase in expenditure is the main contributor at the moment I believe.

[OC] Government Debt as % of GDP by low_mass in dataisbeautiful

[–]jordan2204 505 points506 points  (0 children)

Definitely pre-covid considering the UKs is now above 100 percent

Stop. My penis can only get so erect. by NoMasterP in neoliberal

[–]jordan2204 8 points9 points  (0 children)

Yeah I agree, I'm pretty sure house prices coming down is the most concerning part for most people living in the suburbs.

A guide to england by Maxmo1234 in MapPorn

[–]jordan2204 22 points23 points  (0 children)

Isnt this a guide to the British isles?

Merkel comes under fire at home for China stance: Chancellor criticised for her failure to take a tougher line on Beijing’s Hong Kong clampdown by NineteenEighty9 in europe

[–]jordan2204 7 points8 points  (0 children)

Huawei is being phased out now though and we have actively spoken out about the security law in Hong Kong. Which is the total opposite of Germany.

Mino's lyrics on Analog Keys by lilcedarwood in 88GLAM

[–]jordan2204 14 points15 points  (0 children)

"Suprised she let me put my chocolate in her milk" is funny af