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bitcarnicoin
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Beef & Bitcoin

Two middle aged mothers got wasted at the wifey's casual mid week work Christmas bar. They had to leave their cars and be driven home. Happens on the regular. Da fwck man. Women have never had more freedom and this is what the average one is doing with it. Make shaming great again.

Replying to Avatar cuban

Meh

The royal "we". I'm not bearish just crushingly disappointed.

Keep getting mad at price until it's a milly probably

Went 3 days without checking price or any social media. Didn't really benefit me, no big insights, bit pointless really.

That's me done laterz anons

If the economy is so great why is oil dumping

My mum is pushing 80. She didn't realise her proof of medical insurance certificate was out of date because she never goes to the doctor or pharmacy. She eats mostly pork and eggs. Fuck the nutritional guidelines.

Pump? What is this pump phenomenon you talk of, I know only dump 😭

The internet is rife with opinions on the future. In an uncertain world we're desperate for clarity but they mislead more than inform. Commentary on the present and the past develop your general understanding and can at least prepare you better for what the future may bring.

I've just earned a few hundred fiat fuckery tokens for pain in the ass website work and had to pay the same amount in local business taxes for a home office.

This will be my last business tax, I've already closed it and moved it to Dubai. Personal taxes are minimised and going to zero.

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Replying to Avatar cuban

Soon

sir the chart clearly shows 2027 do you doubt my TA

This made me sad being overly invested in both the Bitcoin and the loser to Grimsby.

With this shitty cycle so far you can either take it as an opportunity to practice patience, checking any hubris which may have arrisen or you can childishly bitch about price. I personally will be alternating between the two.

Trump paid group just dropped

Replying to Avatar Susie Violet

The Bank of England and Treasury are costing UK taxpayers eye-watering sums, quietly burning through over Β£85 billion with Β£130 billion more on the way.

No debate. No scrutiny. Just a stealth bailout of bad bond bets, and we’re footing the bill.

The Bank of England is offloading government bonds (gilts) bought during QE instead of holding them to maturity. With gilt prices down, every sale locks in a loss.

These losses will soon overtake annual debt interest payments, which are already nearing record highs.

https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/bulletins/publicsectorfinances/june2025

https://neweconomics.org/2025/02/treasury-to-hand-bank-of-england-130bn-in-next-five-years-in-stealth-subsidy-to-bankers

These sales flood the market and drive yields up, raising the UK’s borrowing costs.

https://www.reuters.com/world/uk/bank-england-poised-slow-qt-after-rise-yields-2025-07-28/

Analysts estimate that simply letting bonds mature instead could save Β£10–13 billion per year.

https://www.ft.com/content/45a441c9-26e0-4de3-b985-faafc5968a49…

Though framed as monetary policy, the Bank’s actions have major fiscal consequences. Losses are indemnified by the Treasury, meaning taxpayers cover the bill, with minimal parliamentary scrutiny.

https://www.thetimes.co.uk/article/bond-losses-could-force-rachel-reeves-to-cut-spending-jl53z5qsg

They call it monetary policy. What it looks like is economic vandalism rubber stamped in Westminster.

This deserves real scrutiny. Where is Parliament?

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Boe must be short bonds