Re: OT: EV Charging Stations Stripped of Copper Cables

On Fri, 12 Jul 2024 15:45:18 +0100, The Natural Philosopher wrote:

On 12/07/2024 15:25, john larkin wrote:

On Fri, 12 Jul 2024 09:25:51 +0100, Joe <joe@jretrading.com> wrote:
 

On Fri, 12 Jul 2024 12:18:39 +1000 Bill Sloman <bill.sloman@ieee.org>
wrote:
>

On 12/07/2024 7:48 am, Cursitor Doom wrote:

On Thu, 11 Jul 2024 14:30:41 -0700, john larkin wrote:
  

On Thu, 11 Jul 2024 19:33:41 +0200, Jeroen Belleman
<jeroen@nospam.please> wrote:
 

On 7/11/24 13:00, Joe wrote:

On Thu, 11 Jul 2024 09:29:33 +0100 The Natural Philosopher
<tnp@invalid.invalid> wrote:

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<sdnip>
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What do you think all those homeless people are going to do when the
debt bomb finally explodes and there's no more money for cops,
the army - or anything else?

>
What's a "debt bomb" and how would it explode?
As long as society keeps generating and exchanging goods and services
it's not going to run out of money, which is just medium of exchange.
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What use is the means of exchange if you can't exchange it for
anything meaningful?
>
We are already past the point where the alternatives for many
countries are default or hyperinflation, which is just s more
spectacular form of default, and an involuntary one. It happens slowly
at first, then all at once.

 
Inflation is a government's way to spend (and usually waste) money that
it doesn't have, by borrowing money that will never be paid back.
It is essentially stealing from its citizens, especially from savings.
 
It's dynamically unstable and often runs away. The thing about
inflation is that there's never enough of it. The more you have, the
more you need.
e
 
 
 
 

The price of a loaf of bread, in terms of gold, hasn't changed in 600
years.
A friend bought £10,000 worth of gold in 2004, Its worth £80,000 now.

Can't fault your friend's timing. He bought around the time of the 'Brown
Bottom' of the gold price. It came down to a very low figure following
Gordon Brown's incredibly moronic announcement that he would sell off the
Bank of England's gold reserves. He should -of course - have said
*nothing* at all, except in total confidence to the BoE - to dispose of
the gold discretely over a few years and only selling off chunks here and
there when the price was firm. But what did the useless steaming great
pile of shit do? He not only announced it - but announced it in advance!
Such a worthy steward of the country's fortunes, Gordon Brown.
With the quality of politicians the UK's had over the years, it's amazing
it didn't go bust decades ago.