100 mile bimble around Warwickshire and the outskirts of the corwolds. First cafe was closed, second was holding a private coffee morning so ended up at the Piston Club for a bostin bacon and egg sarnie. Rode past Caffeine and Machine but having been there before and being full of posers then, also the food was pricey I gave it a miss.
First rain of our trip and it's got heavier as the day has gone on. A couple of coffee stops and lunch in a nice little cafe to keep out of the rain. Now at a large campsite holed up in the van eating biscuits being told not to spoil dinner ! I'm 51 , not 9 . Not many pics today.
Took A group of lovely Australians around the countryside ending up at Goodwood. Stopped at caffeine and machine next to Loomies for the second but for me, what will be the last time. One Ducati there. Stopped for lunch near Goodwood for the best fish and chips I've had possibly in my life, good value as well.
I doubt that personally very much. But let's wait 3 weeks and see what happens? Naturally I will agree with you if the economy has collapsed (massive inflation rise back to the last government normal of 11%, massive unemployment rise, mortgage rates all 6- 7% back to the 2024/5 norms). I'm sure if these do not happen you will agree that the economy is doing OK?
I’ve never seen an “S.P.Q.A” inscription before. “S.P.Q.R” was an acronym for “Senatus Populusque Romanus” (The Senate and People of Rome) and given that you’re in Holland, I’m guessing that is some sort of government building in Amsterdam?
the former, and miraculously no casualties out of 14 cars - average age (of cars) was around 60 years.
Yesterday I was at the funeral of my friend that was killed in the tragic bike accident in Lancashire last month. The funeral was held in Cheshire. The church was rammed and people were even outside the church wanting to pay their respects. To say it was an emotional day would be an understatement . I got home at 10pm last night a tad knackered but pleased I'd gone.
Funerals can be very tough, and generally I really don't want to attend at all or just briefly. Yet sometimes they are an essential release or closure. I'm glad this one brought something to you.
Google "Japanese Carry Trade" when that unwinds (thought to be in the region of 22Trillion) then youll see..! - there was a sniff of it last august.... (it was thought to kick off then) and everything went red worldwide...
A very relaxed day , only about a hundred or so miles from yesterday stop over . Today's campsite is set right in the woods so peaceful and wonderful weather again. The scenery in Holland has been nice , but not as nice as rural France/Germany where we have been a few times before.
No doubt that all economies could collapse. The last Western Economy to really face the music was the Greek one a few years back. But the EU simply chastened them, gave the funding and not much really changed. For the Economy of a major Western country to crash with extreme consequences, there has to be vastly more to gain by the banks & investment corps than will be lost. Hence Japan, Italy, Spain, France the UK, all former Eastern block countries and especially the USA have not and are unlikely to have such a situation occur. IMHO of course.
Yep - true, Greece did get out of it...that being said France is now in a much worse situation. Couple that with Evergrande for example now being defunct - they were bankrolled by a shit ton of american institutions....those losses have not yet hit their books....Home repossesions are now the highest in the US since the 80's along with car repo's Its a case of the straw that breaks the camels back...its just theres a lot of straws....
France's debt is around 110% of it's GDP whereas Japan, with reference to your previous post re Carry Trade, is a whopping 250% of GDP
And which "side" would lose the "most" if the Wests best ally & asset in that Asian region is forced into crippling debt management? Particularly if it resulted in a closer relationship between China/ Russia & Japan?
What im getting at is essentially the US is ripe for a crash of biblical proportions....and when it does the world will follow....i think the buffett indicator is 2.5 times its current value....ive got my bets in on the US stock market for when it all goes tits up...hopefully i should come out good (not financial advice)
