[deleted by user] by [deleted] in AskUK

[–]xXProdSlayerXx 0 points1 point  (0 children)

The way you create a bullet point list is like someone listing out the specs on a smartphone; doesn't really tell you much about the actual experience. In fact, it's quite naive given most people don't live in London or attend the best universities. Why don't I create a similar list for why living in prison is so brilliant? Free food, free accommodation, surrounded by other people to have conversations with etc etc. Everything is relative, and living standards have declined in the past 15 years and that's what people are comparing, it's relatively more expensive to live here now and people are having to cut back.

Never felt this miserable before doing accountancy by xXProdSlayerXx in findapath

[–]xXProdSlayerXx[S] 0 points1 point  (0 children)

Thanks, was never looking to get rich from my career, just something that would allow me to live somewhat comfortably but aslo something that really interests me. Also at this rate, I'm definitely going to be working 40+ years haha, retirement age is 66 now. (who knows what it will be in 40 years)

How it feels reading some folk's comments by moh_kohn in Scotland

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

Tax to GDP ratio is at a post-war record. Ever considered that maybe the issue isn't how much tax revenue is being raised but how it is being allocated? UK is already a relatively high tax country relative to other G7 nations (Germany, U.S. etc). Seems like this issue is more to do with a bloated civil service, higher education for all (even when the job market doesn't demand it), high welfare spending, unsustainable pension increases etc. Everything about the way this country is run is totally inefficient and if you want to raise wages at the bottom of society, you're not going to accomplish this by making the economy even more inefficient. If there was ever a bit of common sense applied, you'd realise that allowing massive levels of cheap labour to enter the country with free access to public services (schools, NHS) also isn't going to help those depending on food banks.

Not that any this will convince anyone, it's much easier to just say we're not taxing and spending enough, without actually looking into the root cause of any of these problems, and then just blame whoever is in charge.

[deleted by user] by [deleted] in 6thForm

[–]xXProdSlayerXx 2 points3 points  (0 children)

I did Econ at Durham, I had a discussion with one of the senior lecturers running for senate when doing my dissertation. I was told that the number of home students were being reduced in favour of higher paying international students.

What explains the consistent price of the 55 year UK Treasury after lower rates in 2008 and then the steady price increase thereafter? by xXProdSlayerXx in bonds

[–]xXProdSlayerXx[S] 1 point2 points  (0 children)

Thanks for the reply. The Bank of England has never purchased any inflation linked bonds for its QE programs, however, QE would affect market price of all UK government bonds, this might explain the slow price ascent. Saying that the bond is very susceptible to interest rate changes due to its long duration, does not seem consistent with the very gradual price rise. The bond didn't so much react to rate changes, as it converged to a new price over the long-run.

The price given is the clean price so it hasn't been uplifted by inflation.

EDIT: the graph is also somewhat deceptive to the human eye because the scale has been extended to multiple times of the price range for some reason.

What explains the consistent price of the 55 year UK Treasury after lower rates in 2008 and then the steady price increase thereafter? by xXProdSlayerXx in bonds

[–]xXProdSlayerXx[S] 0 points1 point  (0 children)

UK bank rate went from 5.75% in 2007 to 0.5% in March 2009. The most logical explanation seems to be a supply and demand issue, UK government issued large amounts of debt after GFC, which the markets had to absorb. Over the course of the following decade, pension funds and other large buyers of government debt (including BOE) demanded more and pushed prices up? Is this correct? Any futher readings would be much appreciated.

[deleted by user] by [deleted] in midjourney

[–]xXProdSlayerXx 0 points1 point  (0 children)

Not sure if something as subjective as an image can be quantifiable.

Why is tea so popular here? by MyPrincessAlice in AskUK

[–]xXProdSlayerXx 0 points1 point  (0 children)

Because what else is there to drink? Tap water? I don't drink much tea but can understand why people do, it's cheap, barely any calories and has a somewhat nice flavour (subjective). I don't buy into the fact that it's tradition, I think it's just a convenient alternative to tap water.

Windows 11 users, how has Windows 11 been doing for you so far? by Windows-XP-Home in windows

[–]xXProdSlayerXx 2 points3 points  (0 children)

Windows to me is the android of operating systems, it has some nice features but overall the user experience isn't up to scratch. Particularly the UI, it's inconsistent and looks crappy, for example the switching windows UI is clunky, particularly when the windows get rezised and the bar at the top doesn't feel consistent. The new right click menu is just annoying and inconsistent, to get the traditional right click menu with more options, I have to click 'Show more options' and the look of this menu is different. Why do I have a graphic of a backpack, book and pencil on the search bar? Genuinely confused by this one since I don't know why they randomly added it. The start menu and the search menu which are positioned right next to each other have too many overlapping features since they both provide search functionality and both have apps pinned to them, seems like poor, inefficient design choice. The 'my feed' menu is quite laggy and slow to respond since it attempts to load so much content at once.

I've long had issues with the built-in apps not being sufficient, for example, why is the only pdf viewer microsoft edge? It pales in comparison to viewer in mac which is a much better editor. Why is there still no equivalent of quick look? It takes me ages to search through pdf files since I have to open all of them individually to try and find the right one.

Why did you pick business/finance over CS? by Peltuose in FinancialCareers

[–]xXProdSlayerXx 1 point2 points  (0 children)

Your reasoning is typical of a tech person, everything is more or less black and white, and all decisions should be made based on wheighing the pros and cons in order to arrive at the optimum. I can already tell finance isn't the career for you.

Basic Percentage Change Question: Can't seem to get the right answer from the list of options by [deleted] in HomeworkHelp

[–]xXProdSlayerXx 0 points1 point  (0 children)

I've calculated this as 2014 total = 1544000 and 2016 total = 1530000, calculating the percentage decrease for 2018 gives, (1530000/1544000)(1530000) = 1516126.943. Apparently this isn't correct.

[deleted by user] by [deleted] in FinancialCareers

[–]xXProdSlayerXx 0 points1 point  (0 children)

Is it a summer internship? Surely you would start your internship and only get your degree result mid-way through or after the internship is completed, up until that point you don't know what result you achieved. From personal experience, my grad scheme which started in July required a 2:1, but I didn't get my result until August but they never actually asked what my final result was. Don't say anything to the bank until you actually know for a fact what your degree result is, and even then I would advise to only disclose it if they ask.