PPCC: Pisitófilos Creditófagos. Invierno 2024

[Benzino Napaloni]

En cualquier caso creo que las normativas estrictas en incendios han venido a partir del 2006-2007. Y claro, pisos de lujo mis webs, eso eran pisos paco como el 95% del parque patrio.

Cuesta un poco recordarlo a estas alturas. Pero la fiebre del ladrillo cegó a muchos y les hizo creer que todo era un tesoro. A más de uno acostumbrado al chopped le das a probar un tres jotas y ya se cree lo más de lo más.

https://youtu.be/q9xOLGsK5jg?si=ctBHqKqLPhxzl26e

Este video de Pantomima Full bien se podía haber rodado en 2004.

[Derby]

https://www.ft.com/content/260bf6d5-fb9e-48bb-8735-52c1b2952643

Birth rate in England and Wales at new low, adding to demographic pressures

Birth rates in England and Wales dropped to the lowest on record in 2022 according to official statistics that lay bare the countries’ demographic challenges.



The total fertility rate fell to 1.49 children per woman in 2022 from 1.55 in 2021, according to the Office for National Statistics. The rate has been falling since 2010 and was the lowest since comparative data began in the 1930s.

The statistics office reported 605,479 live births in England and Wales in 2022, a 3.1 per cent decrease from 2021 and the lowest number since 2002.

The trend adds to pressures on public finances and growth potential as it could reduce the share of working age people and drive further ageing of the population.

[el malo]

https://www.ft.com/content/260bf6d5-fb9e-48bb-8735-52c1b2952643

Birth rate in England and Wales at new low, adding to demographic pressures

Birth rates in England and Wales dropped to the lowest on record in 2022 according to official statistics that lay bare the countries’ demographic challenges.



The total fertility rate fell to 1.49 children per woman in 2022 from 1.55 in 2021, according to the Office for National Statistics. The rate has been falling since 2010 and was the lowest since comparative data began in the 1930s.

The statistics office reported 605,479 live births in England and Wales in 2022, a 3.1 per cent decrease from 2021 and the lowest number since 2002.

The trend adds to pressures on public finances and growth potential as it could reduce the share of working age people and drive further ageing of the population.

Misterios. Igual a alguien se le ocurre algún día sacar la correlación con esta otra gráfica

[CHOSEN]

Que esperas de un país donde un cerdo putero de casi 200 kilos dictaba -entre aplausos del populacho- normas de sanidad inconstitucionales para trincar mordidas que financiaban el partido.
QUE ESPERAS.

El pisito ya es el menor de nuestros problemas.
Para mi lo mas grave es la difuminación de la línea que separa el bien del mal.
Esto termina en la degeneración absoluta del sistema social, SI o SI.


https://www.youtube.com/watch?v=xiVHMVD5U9w

https://www.youtube.com/watch?v=GfyvaVSunt8

[sudden and sharp]

Sí... e igual unos días después alguien saca otra, en euros, pero sin usar forex sino transacciones reales --en volumen--;  para podecir algo que no sea ni falacia ni una imbecilidad impenitente.

[el malo]

Que esperas de un país donde un cerdo putero de casi 200 kilos dictaba -entre aplausos del populacho- normas de sanidad inconstitucionales para trincar mordidas que financiaban el partido.
QUE ESPERAS.

El pisito ya es el menor de nuestros problemas.
Para mi lo mas grave es la difuminación de la línea que separa el bien del mal.
Esto termina en la degeneración absoluta del sistema social, SI o SI.


https://www.youtube.com/watch?v=xiVHMVD5U9w

https://www.youtube.com/watch?v=GfyvaVSunt8

Este link es el mapa de, según Zoopla, las propiedades de 4 habitaciones que uno se puede comprar en el área metropolitana de Londres por menos de medio millón de USD: 39

Y en esas 39 hay muchas trampas (contrato del suelo a que termina en los próximos años, casas destrozadas que deberían demolerse, alguna multipropiedad, etc.)

Ya ni siquiera entro en la zona en la que están (zonas en las que muchos no viviríamos ni aunque nos pagaran ese medio millón de USD).

https://www.zoopla.co.uk/for-sale/map/property/property/property/property/london/?q=London&results_sort=lowest_price&search_source=home&beds_min=4&is_auction=false&is_retirement_home=false&is_shared_ownership=false&new_homes=exclude&price_max=400000

39. Trein-tay-nue-ve. En una ciudad de de 9 millones de habitantes (no en Mónaco ni en San Marino).

Que no hay niños dicen.. pues no, niños no hay, pero hdlgp hay a paladas. Por mi que les inserten un paraguas y luego lo abran.

[el malo]

Sí... e igual unos días después alguien saca otra, en euros, pero sin usar forex sino transacciones reales --en volumen--;  para podecir algo que no sea ni falacia ni una imbecilidad impenitente.

No entiendo este comentario sudden. ¿A qué responde y a quién va dirigido?

[Derby]

Los buitres atentos a las oportunidades. Ahora bien, todo el mundo batiéndose en retirada del ladrillo.

https://www.bloomberg.com/news/articles/2024-02-23/stanchart-considers-boosting-real-estate-exposure-as-rivals-exit

StanChart Considers Boosting Real Estate Exposure as Rivals Exit

CEO comments point to a contrarian bet on property-linked debt
EM-focused lender has been stung by China property meltdown

23 de febrero de 2024 at 13:13 CET

Even as many banks seek to trim their exposure to real estate globally, Standard Chartered Plc has signaled it could expand its presence in the market as it spies opportunities in the wake of the withdrawal of other players.

Despite having been stung by the collapse in property values in China, the emerging markets-focused bank said it could look to build its exposure to Western real estate in the coming months. Chief Executive Officer Bill Winters acknowledged the hit the bank had taken on Chinese property, but said that the lender was “quite underweight commercial real estate in other markets.”

“We have relatively little exposure to commercial real estate in the Western world,” Winters said, speaking on a call following the announcement of the bank’s fourth-quarter earnings. “Are there opportunities there? Maybe over time.”

Winters’ comments point to a contrarian bet at a time when commercial real estate debt is rattling many lenders across the world. The loan books of many banks from New York to Munich are showing rising levels of stress because of a slump in property values, triggered by a mix of interest-rate hikes over the last two years and the shift to remote working.

Standard Chartered’s approach is also in contrast to that of HSBC Holdings Plc CEO Noel Quinn, who said he was “progressively de-risking” the bank’s property portfolio, particularly in Western markets like the US and the UK.

HSBC has cut its global exposure to property, shrinking its US book by 27% last year and its Asian portfolio by 12%. Overall the bank reported a 13% reduction in its worldwide real estate portfolio last year to $83.6 billion.

At Standard Chartered, the bank’s gross balance of loans and advances to the real estate sector declined last year by 6.5% to $15.8 billion, according to its latest financial reports.

Winters still struck a note of caution.

“If we have opportunities to add at a moment of distress, to create some franchise value, we’ll do that,” he said. “But we’re not looking to load up on assets just for the sake of that.”

[Benzino Napaloni]

¿Se ha declarado ya el "mariquita el último" con el ladrillo en las altas esferas?

Entonces preparen las palomitas porque el show ya ha empezado.

 

[Derby]

https://finance.yahoo.com/news/fed-cautious-rate-cut-case-155547175.html

Fed cautious on a rate cut case that has yet to be made

WASHINGTON (Reuters) - U.S. Federal Reserve officials, facing economic conditions they say lack any clear historical parallel to guide them, continued pushing back this week against a near-term start to interest rate cuts, instead building the case for caution before making a move they are struggling to justify.

A run of high-profile speeches on Thursday added emphasis to the previous day's hawkish readout of January's policy meeting that bundled together have further shaken investors' confidence that borrowing costs will fall soon.

Coming also on the heels of recent higher-than-expected inflation readings, policymakers put an open-ended formulation around the timing of their first rate cut, with Vice Chair Philip Jefferson saying it was likely but "later this year."

Fed governors Lisa Cook and Christopher Waller later reiterated the now-familiar refrain of needing greater confidence that inflation is on track to return to the Fed's 2% target before agreeing to rate cuts.

Waller spoke of being in "no rush" to cut rates given the latest "hotter-than-expected" readings of employment, economic growth and inflation. Cook, meanwhile, was explicit about her "growing confidence that inflation will continue to ease," but also said she needed more proof of that before cutting rates.

Investors have struggled to stay abreast, but have now pushed back expectations of an initial rate cut to June.

"As strong activity data have piled up, Fed officials have become less concerned about the risk of keeping the funds rate too high for too long," Goldman Sachs economists wrote on Thursday night as they pushed their rate cut call from May to June.(...)

[Derby]

https://dailyshotbrief.com/the-daily-shot-brief-february-22nd-2024/

The United States: Underlying inflation momentum is rising again.

[CHOSEN]

¿Se ha declarado ya el "mariquita el último" con el ladrillo en las altas esferas?
Entonces preparen las palomitas porque el show ya ha empezado.
 

Las altas esferas no dependen del "complemento".


Isabel Rodríguez, ministra de Vivienda:
"somos conscientes de que en España muchas personas, especialmente mayores, han dedicado todos sus esfuerzo, trabajo y ahorros a comprar una segunda vivienda que ahora es complemento de sus rentas".
 
Solo le faltó decir que corrieron delante de los grises y los hijos de puta de la generación perdedora no.

[Derby]

https://www.nytimes.com/2024/02/23/business/france-economy-interest-rates.html

France Will Cut Spending as It Sees a Weaker Economy Ahead

War, high interest rates and slowdowns in major trade partners are trimming tax revenue and forcing the government in Paris to scale back.

France is entering an era of belt-tightening, as the wars in Ukraine and Gaza, economic slowdowns in Germany and China and record-high interest rates take a bigger-than-expected toll on growth.

The French will find themselves faced with cuts of 10 billion euros ($10.8 billion) in government spending, on items including environmental subsidies and education, the government announced Thursday, on top of €16 billion in cuts announced a few months ago. The finance minister, Bruno Le Maire, on Monday revised the forecast for economic growth this year to 1 percent, down from 1.4 percent at the end of last year.

“Lower growth means lower tax receipts, so the government must spend less,” Mr. Le Maire said at a news briefing.

After spending lavishly during the pandemic to support the economy and shield consumers from high energy prices, France is now at risk of breaching European Union budget rules that restrict government borrowing. To avoid that, the government must cut costs to lower the deficit to 4.4 percent of gross domestic product this year, from 4.8 percent

Paris is increasingly concerned about French debt’s being downgraded by international rating agencies, a move that would increase borrowing costs.(...)

[Derby]

https://www.zerohedge.com/markets/jamie-dimon-sells-822000-shares-jpmorgan-first-time-stock-hits-all-time-high

Jamie Dimon Sells 822,000 Shares Of JPMorgan For The First Time As Stock Hits All-Time High

First Zuck and Bezos, now it's Jamie Dimon's turn to sell the top

At a time when insiders are dumping stock at a pace not seen in years...



... the CEO of the largest US bank just sold $150 million worth of the bank’s stock, following through on last year’s announcement that he would begin selling shares for the first time since taking the helm 18 years ago.

JPM CEO Jamie Dimon and his family sold about 822,000 shares in a series of transactions on Thursday, according to an SEC filing.



“Mr. Dimon continues to believe the company’s prospects are very strong and his stake in the company will remain very significant,” the company said in an October filing about his planned sales. A representative for the firm declined further comment on Friday.

We first learned last October that Dimon planned to sell one million shares, subject to terms of a stock-trading plan.

After today's sale, Dimon continues to hold about 7.7 million shares.(...)

[copo]

Que esperas de un país donde un cerdo putero de casi 200 kilos dictaba -entre aplausos del populacho- normas de sanidad inconstitucionales para trincar mordidas que financiaban el partido.
QUE ESPERAS.

El pisito ya es el menor de nuestros problemas.
Para mi lo mas grave es la difuminación de la línea que separa el bien del mal.
Esto termina en la degeneración absoluta del sistema social, SI o SI.


https://www.youtube.com/watch?v=xiVHMVD5U9w

https://www.youtube.com/watch?v=GfyvaVSunt8

Tampoco nos flipemos.

He viajado lo suficiente para adorar Europa. Es posiblemente el mejor lugar del mundo para vivir (salvo reductos como Nueva Zelanda o Australia). En Europa existe un sentido común de la sociedad que somos y nuestros valores. Ahora toca reafirmarlos quitando a todos los ladrones que han robado tanto con el ladrillo y todos los espabilados de la cultura del pelotazo. En muy pocos lugares te respetan como persona e individuo y te garantizan un mínimo para vivir decentemente, recordemos que un pobre en Europa es mucho más rico que cualquier ciudadano medio del mundo.

Y a todos los que no les gusta el modelo, pueden hacer las maletas e ir a otra parte del mundo y disfrutar las grandezas que le deparan, pero curiosamente la mayoría de críticos de Europa viven en Europa.

Saludos.