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Post by henry on May 10, 2024 22:23:55 GMT
If the UK was at 0% and the rest of the G7 were on 0.6% it would be a left wing jizz fest on here. Second biggest growth amongst the G7. Has to be good news right? Not to some on here Badge:)
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Post by wannabee on May 11, 2024 0:12:21 GMT
If the UK was at 0% and the rest of the G7 were on 0.6% it would be a left wing jizz fest on here. Second biggest growth amongst the G7. Has to be good news right? Of course it's a positive but a three month period is too short to draw any conclusions on the health of a Countries Economy If over an extended period the Growth percentage of GDP in a Countries Economy exceeds the rate of inflation it will generate excess funds to reduce Taxes or increase Public Spending. For quite some time the UK Economy has grown below the level of inflation leading to increased Taxes and relatively less spend on Public Services Other than by comparison of performance how the other G7 Countries perform is of little interest to me as it has no impact Its like the finale to unsuccessful Bullseye Contestants who have no desire to own a Speedboat being shown what they could have won
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Post by Paul Spencer on May 11, 2024 0:24:33 GMT
Second biggest growth amongst the G7. Has to be good news right? Of course it's a positive but a three month period is too short to draw any conclusions on the health of a Countries Economy If over an extended period the Growth percentage of GDP in a Countries Economy exceeds the rate of inflation it will generate excess funds to reduce Taxes or increase Public Spending. For quite some time the UK Economy has grown below the level of inflation leading to increased Taxes and relatively less spend on Public Services Other than by comparison of performance how the other G7 Countries perform is of little interest to me as it has no impact Its like the finale to unsuccessful Bullseye Contestants who have no desire to own a Speedboat being shown what they could have won
Exactly.
And, sadly, many people misinterpret such gains, in the (mistaken) belief that everybody started from the same starting position, which of course, they don't.
A country could have the biggest growth amongst it's peers (and by some considerable margin) but if said country had growth that was previously far behind it's competitors, then the headline doesn't reflect (at all) what it appears to suggest, they are merely beginning to now catch up and in reality, they could be still way off the pace.
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Post by oggyoggy on May 11, 2024 6:22:28 GMT
Of course it's a positive but a three month period is too short to draw any conclusions on the health of a Countries Economy If over an extended period the Growth percentage of GDP in a Countries Economy exceeds the rate of inflation it will generate excess funds to reduce Taxes or increase Public Spending. For quite some time the UK Economy has grown below the level of inflation leading to increased Taxes and relatively less spend on Public Services Other than by comparison of performance how the other G7 Countries perform is of little interest to me as it has no impact Its like the finale to unsuccessful Bullseye Contestants who have no desire to own a Speedboat being shown what they could have won Exactly. And, sadly, many people misinterpret such gains, in the (mistaken) belief that everybody started from the same starting position, which of course, they don't.
A country could have the biggest growth amongst it's peers (and by some considerable margin) but if said country had growth that was previously far behind it's competitors, then the headline doesn't reflect (at all) what it appears to suggest, they are merely beginning to now catch up and in reality, they could be still way off the pace. Yes, it is easy to grow compared with recession. If you were growing at 5% previously it becomes harder to grow again.
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Post by foghornsgleghorn on May 11, 2024 7:04:23 GMT
As mentioned elsewhere yesterday, as the Pandemic and Ukraine have been such a factor in the global economy the best starting point to compare recent performances is the final quarter of 2019. Since then the US economy has grown over 8%, the Eurozone nearly 4% and the UK 1.3%.
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Post by Huddysleftfoot on May 11, 2024 9:35:35 GMT
Second biggest growth amongst the G7. Has to be good news right? Not to some on here Badge:)
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Post by iancransonsknees on May 13, 2024 5:53:07 GMT
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Post by Huddysleftfoot on May 13, 2024 6:04:18 GMT
Second biggest growth amongst the G7. Has to be good news right? Not to some on here Badge:)
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Post by wannabee on May 13, 2024 12:25:00 GMT
Ester McVey the government’s “common sense” Minister has announced a ban on jobs dedicated to equality, diversity and inclusion in the Civil Service .... albeit a legal requirement under Equalities Sct www.independent.co.uk/news/uk/politics/esther-mcvey-common-sense-minister-b2543540.htmlOn the other hand we have the Ministry of Education removing the requirement that Faith schools may only accept 50% new pupils based on Faith may now do so 100%. Thus creating Silo's which will increase inequality, reduce diversity and create exclusion. Exactly what is not required at this time. www.theguardian.com/education/2024/may/01/england-scraps-50-rule-on-faith-school-admissionsThey really have run out of ideas and are scrambling for any means of diversion from their incompetence "You have sat too long here for any good you have been doing. Depart, I say, and let us have done with you. In the name of God, go".- Oliver Cromwell to Parliament
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Post by Redweatherwarningforextremetem on May 13, 2024 13:01:33 GMT
I found myself nodding sadly in agreement...
Liz Truss' resurgence has shown the "depressing level of politics we have arrived at", comedian and actor Ben Elton has said.
Mr Elton suggested that Ms Truss' had become "driven by anger and ego", saying it is "beyond depressing to a point of truly sad".
He compared the current political climate to that of a medieval world "where anyone can say anything".
“I think it’s a very depressing example of the level of public debate, level of politics that we’ve arrived at," Mr Elton said.
"I find it beyond depressing to a point of truly sad, we say oh we live in a post-truth age - you mean we’re living in the dark ages?
So an election looms large. The usual choice between a party that has fucked it up, a party that is probably going to fuck it up, and some other parties that will never get the chance to fuck it up.
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Post by wannabee on May 13, 2024 15:26:30 GMT
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Post by essexstokey on May 13, 2024 16:36:24 GMT
Saw slippery sunak earlier his attitude was blame everyone for the tories failures even going back to the 70s and said to ignore the 64 days question is what about all the others
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Post by Gawa on May 13, 2024 17:50:45 GMT
Another reason for a United Ireland me thinks. Worst thing about headlines like this is it will just create fear mongering which pricks like Jamie Bryson will love. No doubt the idiots will be back out rioting about an Irish sea border. If they had another brain cell they'd conclude that the British government was the issue. But that would make them look like fools given unionism is based around being part of the union. Eejits.
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Post by wannabee on May 13, 2024 18:45:25 GMT
Another reason for a United Ireland me thinks. Worst thing about headlines like this is it will just create fear mongering which pricks like Jamie Bryson will love. No doubt the idiots will be back out rioting about an Irish sea border. If they had another brain cell they'd conclude that the British government was the issue. But that would make them look like fools given unionism is based around being part of the union. Eejits. I'm just waiting for some Genius to propose there should be Border Passport Checks on people arriving from Britain into NI 😂 Jamie's mate Jim Alister was rather indifferent to Asylum Seekers going to Dublin via Belfast last week blaming not erecting a North South Border. Today he's blaming the wrong type of Brexit. Couldn't run a bath
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Post by thehartshillbadger on May 13, 2024 18:51:37 GMT
Another reason for a United Ireland me thinks. Worst thing about headlines like this is it will just create fear mongering which pricks like Jamie Bryson will love. No doubt the idiots will be back out rioting about an Irish sea border. If they had another brain cell they'd conclude that the British government was the issue. But that would make them look like fools given unionism is based around being part of the union. Eejits. I'm just waiting for some Genius to propose there should be Border Passport Checks on people arriving from Britain into NI 😂 Jamie's mate Jim Alister was rather indifferent to Asylum Seekers going to Dublin via Belfast last week blaming not erecting a North South Border. Today he's blaming the wrong type of Brexit. Couldn't run a bath We are sending some construction materials to Belfast at the end of the week and have been asked to complete most of the paper work normally reserved for Europe, first time it’s happened
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Post by Gawa on May 13, 2024 19:04:12 GMT
I'm just waiting for some Genius to propose there should be Border Passport Checks on people arriving from Britain into NI 😂 Jamie's mate Jim Alister was rather indifferent to Asylum Seekers going to Dublin via Belfast last week blaming not erecting a North South Border. Today he's blaming the wrong type of Brexit. Couldn't run a bath We are sending some construction materials to Belfast at the end of the week and have been asked to complete most of the paper work normally reserved for Europe, first time it’s happened It is a mare but it's a complication of having the open border to Ireland. If that became a closed border it would cause us much more issues. A good example why we should have known more on brexit before the vote because those who voted for it here got something much different from what they envisioned. Whatever solution you give won't please everyone. But closing the irish border would cause much more issues imo.
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Post by wannabee on May 13, 2024 19:12:34 GMT
I'm just waiting for some Genius to propose there should be Border Passport Checks on people arriving from Britain into NI 😂 Jamie's mate Jim Alister was rather indifferent to Asylum Seekers going to Dublin via Belfast last week blaming not erecting a North South Border. Today he's blaming the wrong type of Brexit. Couldn't run a bath We are sending some construction materials to Belfast at the end of the week and have been asked to complete most of the paper work normally reserved for Europe, first time it’s happened Surprises me that it new requirement, I would have expected you would have needed some paperwork previously from 1 February 2021 From 1 October 2023 the Windsor Framework came into effect meaning anything staying in NI should sail through Green Chanel other than spot checks I expect it's a Box you tick on EORI Form or whatever is used It's not beyond the possibilities that the person asking doesn't know what they are talking about
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Post by wannabee on May 14, 2024 0:04:47 GMT
The ruling by the Belfast High Court today is troubling in many ways not least for UK Democracy
I have said on various threads at least a dozen times that the various Laws the Government have enacted to try to circumvent its International Agreements are incompatible in Law and when tested would fail. I expected it to reach its conclusion in an English High Court/Supreme Court but the Belfast High Court is sufficient before it inevitably reaches the Supreme Court
The reasons I said it was incompatible under UK Law was the exact reasons High Court Judge Mr Justice Humphreys delivered his judgemen tthat :
'This does not represent the will of the Courts, but this represents the will of Parliament.’”
In other words the High Court was not making a judgement whether it was right or wrong to send Asylum Seekers to Rwanda but the Safety of Rwanda (Asylum and Immigration) Bill 2024 RAIB was illegal under existing UK Law, The Human Rights Act 1998 ( which is a cut and paste of ECHR) and is intrinsic to the Good Friday Agreement. In addition Article 2 of the Windsor Framework which forms part of the UK/EU Trade and Cooperation Agreement TCA on which the UK exited the EU and agreed there would be no dimunation of Human Rights of Citizens of Northern Ireland which RAIB was found to do.
The original plan was to deem anyone that came to UK by irregular means as breaking the Law by definition under the Illegal Migration Act 2023 but this was scuppered by the Supreme Court who deemed, not the plan, but Rwanda itself not a safe Country to send Asylum Seekers. We now find that the RAIB which sought to overrule the Supreme and not allow it to consider the matter any further is illegal under UK Law, at least in NI, under ECHR and TCA
What is extraordinary is that presumably UK Government relied on very expensive Legal advice that their plan was legal which it quite obviously wasn't that anyone with an ounce of intelligence would be able to immediately confirm.
I wonder if the Legal advice which the Government is refusing to publish that says UK is not breaking International Humanitarian Law by supplying Arms to Israel is being provided by the same people
Will Rishi get the flights off to Rwanda and fulfill Cruella Christmas dream, its hard to know.
Will they delay until today's High Court decision is tested in the Supreme Court, risky of getting wrong decision
The Illegal Migration Act 2023 specifically tasks the Home Secretary to remove Asylum Seekers who have entered UK by irregular means? Does Jimmy Dimly have the Balls to do it if he can be subsequently personally prosecuted for an illegal act under UK Law, very brave.
The Home Office Civil Servants or should i call them The Blob have already been consulting their Unions for reassurance that they won't be personally liable for prosecution if they participate in illegally sending Asylum Seekers to Rwanda
Will Cruella or some other "Wannabee" Prime Minister like Jenrick go Neuclear and demand UK withdraws from ECHR and Trade Agreement with EU
All options are open to these Crazy , Incompetent, Bastards
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Post by Huddysleftfoot on May 14, 2024 5:08:49 GMT
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Post by essexstokey on May 14, 2024 6:06:43 GMT
Add to this that under the tories their was a scrapping of compulsory action at key stage 4 a decline in of qualified teachers in the academy system including extending hours for no extra pay and meddling in the curriculum by the tories no wonder there has been an exodus from the profession and a decrease in standard's
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Post by Huddysleftfoot on May 14, 2024 6:48:05 GMT
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Post by Huddysleftfoot on May 14, 2024 6:48:30 GMT
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Post by Huddysleftfoot on May 14, 2024 6:49:47 GMT
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Post by oggyoggy on May 14, 2024 8:04:46 GMT
The ruling by the Belfast High Court today is troubling in many ways not least for UK Democracy I have said on various threads at least a dozen times that the various Laws the Government have enacted to try to circumvent its International Agreements are incompatible in Law and when tested would fail. I expected it to reach its conclusion in an English High Court/Supreme Court but the Belfast High Court is sufficient before it inevitably reaches the Supreme Court The reasons I said it was incompatible under UK Law was the exact reasons High Court Judge Mr Justice Humphreys delivered his judgemen tthat : 'This does not represent the will of the Courts, but this represents the will of Parliament.’” In other words the High Court was not making a judgement whether it was right or wrong to send Asylum Seekers to Rwanda but the Safety of Rwanda (Asylum and Immigration) Bill 2024 RAIB was illegal under existing UK Law, The Human Rights Act 1998 ( which is a cut and paste of ECHR) and is intrinsic to the Good Friday Agreement. In addition Article 2 of the Windsor Framework which forms part of the UK/EU Trade and Cooperation Agreement TCA on which the UK exited the EU and agreed there would be no dimunation of Human Rights of Citizens of Northern Ireland which RAIB was found to do. The original plan was to deem anyone that came to UK by irregular means as breaking the Law by definition under the Illegal Migration Act 2023 but this was scuppered by the Supreme Court who deemed, not the plan, but Rwanda itself not a safe Country to send Asylum Seekers. We now find that the RAIB which sought to overrule the Supreme and not allow it to consider the matter any further is illegal under UK Law, at least in NI, under ECHR and TCA What is extraordinary is that presumably UK Government relied on very expensive Legal advice that their plan was legal which it quite obviously wasn't that anyone with an ounce of intelligence would be able to immediately confirm. I wonder if the Legal advice which the Government is refusing to publish that says UK is not breaking International Humanitarian Law by supplying Arms to Israel is being provided by the same people Will Rishi get the flights off to Rwanda and fulfill Cruella Christmas dream, its hard to know. Will they delay until today's High Court decision is tested in the Supreme Court, risky of getting wrong decision The Illegal Migration Act 2023 specifically tasks the Home Secretary to remove Asylum Seekers who have entered UK by irregular means? Does Jimmy Dimly have the Balls to do it if he can be subsequently personally prosecuted for an illegal act under UK Law, very brave. The Home Office Civil Servants or should i call them The Blob have already been consulting their Unions for reassurance that they won't be personally liable for prosecution if they participate in illegally sending Asylum Seekers to Rwanda Will Cruella or some other "Wannabee" Prime Minister like Jenrick go Neuclear and demand UK withdraws from ECHR and Trade Agreement with EU All options are open to these Crazy , Incompetent, Bastards And it still hasn’t stopped the boats, which is the entire purpose of the legislation.
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Post by wannabee on May 14, 2024 10:27:16 GMT
This is literally at the heart of what ails UK Body and Mind today It is every Parents legacy ambition that they can pass on a better future to their children Since 2010 selected regional depravation via Austerity and Council Budget cuts has reduced life expectancy and increased child poverty. Health outcomes Physical and Mental are poorer and waiting times longer. The Capital Infrastructure Stock of Housing and Hospitals are in decay. Depravation leads to other Social problems and crime which a reduced Police Force struggles to maintain. Prisons are overflowing and crumbling. The National Debt has increased by 150% or £1.5 Trillion of which COVID accounts for less than 25% The top 1% 680,000 odd have a combined Wealth of £2.8 Trillion but all the UKs problems are because of the less than 500,000 "Illegal" Immigrants out of a 68M Population who have come to this Country over the last 14 years
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Post by wannabee on May 14, 2024 10:53:05 GMT
The brilliantly pithy Grace nails it again 😂 The latest incarnation of Rishi Sunak the Prime Miniature, things aren't going to get any better, in fact they may get worse but Rishi will protect the Great British Public from the Axis of Evil. He will increase the Defence Budget to 2.5% in 2030 unlike that untrustworthy Starmer who has merely said he will do it when the Country can afford it.
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Post by Veritas on May 14, 2024 10:57:40 GMT
The brilliantly pithy Grace nails it again 😂 The latest incarnation of Rishi Sunak the Prime Miniature, things aren't going to get any better, in fact they may get worse but Rishi will protect the Great British Public from the Axis of Evil. He will increase the Defence Budget to 2.5% in 2030 unlike that untrustworthy Starmer who has merely said he will do it when the Country can afford it. Crace is consistently brilliant, doing a slot at the Buxton festival which should be very entertaining.
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Post by Deleted on May 14, 2024 11:01:31 GMT
This is literally at the heart of what ails UK Body and Mind today It is every Parents legacy ambition that they can pass on a better future to their children Since 2010 selected regional depravation via Austerity and Council Budget cuts has reduced life expectancy and increased child poverty. Health outcomes Physical and Mental are poorer and waiting times longer. The Capital Infrastructure Stock of Housing and Hospitals are in decay. Depravation leads to other Social problems and crime which a reduced Police Force struggles to maintain. Prisons are overflowing and crumbling. The National Debt has increased by 150% or £1.5 Trillion of which COVID accounts for less than 25% The top 1% 680,000 odd have a combined Wealth of £2.8 Trillion but all the UKs problems are because of the less than 500,000 "Illegal" Immigrants out of a 68M Population who have come to this Country over the last 14 years No one will ever go after the rich though Wannabe. Lazy measures such as raising income tax only hurts the middle class who already prop up too much failing infrastructure as it is. The rich escape it through corporations and no country is going to go after them. Without a worldwide agreement on tax standards for corporations, businesses and investors will just look to markets that offer better rewards (why wouldn’t they?). There’s no chance of that kind of agreement happening either.
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Post by wannabee on May 14, 2024 11:31:01 GMT
This is literally at the heart of what ails UK Body and Mind today It is every Parents legacy ambition that they can pass on a better future to their children Since 2010 selected regional depravation via Austerity and Council Budget cuts has reduced life expectancy and increased child poverty. Health outcomes Physical and Mental are poorer and waiting times longer. The Capital Infrastructure Stock of Housing and Hospitals are in decay. Depravation leads to other Social problems and crime which a reduced Police Force struggles to maintain. Prisons are overflowing and crumbling. The National Debt has increased by 150% or £1.5 Trillion of which COVID accounts for less than 25% The top 1% 680,000 odd have a combined Wealth of £2.8 Trillion but all the UKs problems are because of the less than 500,000 "Illegal" Immigrants out of a 68M Population who have come to this Country over the last 14 years No one will ever go after the rich though Wannabe. Lazy measures such as raising income tax only hurts the middle class who already prop up too much failing infrastructure as it is. The rich escape it through corporations and no country is going to go after them. Without a worldwide agreement on tax standards for corporations, businesses and investors will just look to markets that offer better rewards (why wouldn’t they?). There’s no chance of that kind of agreement happening either. I agree and Capital is mobile, but it doesn't stop Government recognising where the problem exists instead of demonising one deprived section of Society and setting them off against another just to create division to cover their inadequacy. Of course that would require a Modicum of honesty which is in very short supply. It is also not entirely beyond the wit of OECD to create an Annual Asset Wealth Tax above a certain level, call it a Solidarity payment if you will. Some US Billionaire's are actually proposing something similar they recognise that if Society breaks down they are not entirely immune no matter how high the structures they build to keep themselves enclosed The OECD did eventually get an Agreement of all Countries for a 15% Minimum Corporation Tax to reduce Tax Shopping and Profits Parking Of course it wouldn't be easy and some through greed would try to avoid by using Tax Havens and Banana Republics but they carry inherent risks.
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Post by Deleted on May 14, 2024 11:45:49 GMT
No one will ever go after the rich though Wannabe. Lazy measures such as raising income tax only hurts the middle class who already prop up too much failing infrastructure as it is. The rich escape it through corporations and no country is going to go after them. Without a worldwide agreement on tax standards for corporations, businesses and investors will just look to markets that offer better rewards (why wouldn’t they?). There’s no chance of that kind of agreement happening either. I agree and Capital is mobile, but it doesn't stop Government recognising where the problem exists instead of demonising one deprived section of Society and setting them off against another just to create division to cover their inadequacy. Of course that would require a Modicum of honesty which is in very short supply. It is also not entirely beyond the wit of OECD to create an Annual Asset Wealth Tax above a certain level, call it a Solidarity payment if you will. Some US Billionaire's are actually proposing something similar they recognise that if Society breaks down they are not entirely immune no matter how high the structures they build to keep themselves enclosed The OECD did eventually get an Agreement of all Countries for a 15% Minimum Corporation Tax to reduce Tax Shopping and Profits Parking Of course it wouldn't be easy and some through greed would try to avoid by using Tax Havens and Banana Republics but they carry inherent risks. They absolutely carry inherent risks, but the rich stay rich by taking calculated risks. I personally don’t see any reason why society will break down. There has always been rampant inequality. It got better for a generation or two and is now returning to a status quo of extreme poverty and insane wealth. The only thing I could see ripping up the status quo entirely would be if climate change led to a good portion of the western world being fairly uninhabitable. Even then, the rich would find good ways to insulate themselves long before anyone else. It’s the way of the rat race. I’ve long cared about inequality. I have several publications and two grants that look to identify its effects on biology. However, I’ve also decided that it’s far harder to change someone else than it is to change yourself. So, instead of getting pissed off at the rich all the time, I’ve been spending time trying to figure out what practices they use to continue to get better off. The only thing I’m capable of doing at present is knocking down the amount of tax paid from income by putting as much of it into retirement, health savings accounts and my child’s student loan account as possible. It doesn’t make a dent on what people can do with a corporation but it does help put some sort of small blanket around our future. My biggest regret really is buying a house and a car. We should have just saved the money on the house, bought a cheap apartment and invested the rest. I’ve felt pretty stupid about it for a while now.
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