Trump is my favourite comedian of the year already (14 Viewers)

[Flying Fokker]

Kharg Island?

Pentagon readies ‘for weeks of US ground operations’ in Iran

Uncertainty looms over Trump's approval of the Pentagon's plans for limited ground operations in Iran's strategic regions.

www.aljazeera.com

 

---

[Sky Blue Pete]

Kharg Island?

Pentagon readies ‘for weeks of US ground operations’ in Iran

Uncertainty looms over Trump's approval of the Pentagon's plans for limited ground operations in Iran's strategic regions.

www.aljazeera.com

What could possibly go wrong?

 

[PVA]

Kharg Island?

Pentagon readies ‘for weeks of US ground operations’ in Iran

Uncertainty looms over Trump's approval of the Pentagon's plans for limited ground operations in Iran's strategic regions.

www.aljazeera.com

Absolutely lunacy.

My parents were planning on retiring in the next month or so, this war has wiped 100k off their pensions

 

[Sky_Blue_Dreamer]

Absolutely lunacy.

My parents were planning on retiring in the next month or so, this war has wiped 100k off their pensions

I'm trying to work out why Grendel thinks this is funny.

Or is because he's doubling down on 'the war won't affect people'

 

[Grendel]

I'm trying to work out why Grendel thinks this is funny.

Or is because he's doubling down on 'the war won't affect people'

Because it’s Tarquin being Tarquin again

 

[PVA]

Because it’s Tarquin being Tarquin again

What does that even mean? You said this wouldn't affect people's pensions, and it has. And now you find it funny. Classy as ever.

 

[chiefdave]

Donald Trump says he could "take the oil in Iran" and possibly seize its major fuel hub of Kharg Island

But it was all about liberating the people of Iran / nuclear weapons / the imminent danger of an attack on the US, right?

 

[Brighton Sky Blue]

Going to ask a very naive question.

Why couldn’t the Gulf states export their oil via the exit of the strait of Hormuz instead of having to go through it? As in going through Oman.

 

[PVA]

Going to ask a very naive question.

Why couldn’t the Gulf states export their oil via the exit of the strait of Hormuz instead of having to go through it? As in going through Oman.

If I've understood your question there are some pipelines out of the area, but the bulk of it goes via sea and unfortunately via the strait.


Here's a nice cheery outlook on the next few months. Not.

 

[Sky Blue Pete]

If I've understood your question there are some pipelines out of the area, but the bulk of it goes via sea and unfortunately via the strait.


Here's a nice cheery outlook on the next few months. Not.

Thank you for your attention on this matter

 

[Grendel]

What does that even mean? You said this wouldn't affect people's pensions, and it has. And now you find it funny. Classy as ever.

It doesn’t affect them. It goes up again Tarquin as it did when covid Russia and any other market dynamic happens

 

[PVA]

It doesn’t affect them. It goes up again Tarquin as it did when covid Russia and any other market dynamic happens

Of course it affects them, what absolute bollocks.

 

[Brighton Sky Blue]

Of course it affects them, what absolute bollocks.

Tarquin is the new Basildon Gazette

 

[PVA]

Tarquin is the new Basildon Gazette

Another hilarious bit to flog to death then

 

[SBAndy]

Absolutely lunacy.

My parents were planning on retiring in the next month or so, this war has wiped 100k off their pensions

Sorry to be a killjoy on this one, but why on earth were pensions so close to drawdown so exposed to financial markets still?

 

[Marty]

Another hilarious bit to flog to death then

I've seen it that much silly me actually thought your name was Tarquin.

 

[Grendel]

Sorry to be a killjoy on this one, but why on earth were pensions so close to drawdown so exposed to financial markets still?

Most pensions will be as they still rely on continued growth strategies to support drawdown

 

[PVA]

Sorry to be a killjoy on this one, but why on earth were pensions so close to drawdown so exposed to financial markets still?

I don’t know the finer details, but they have a financial advisor so I would assume (/hope!) that he’s done all he can to protect them.

I do know they were putting money into their pension very late, they had very little in there until recent years.

 

[Grendel]

I don’t know the finer details, but they have a financial advisor so I would assume (/hope!) that he’s done all he can to protect them.

I do know they were putting money into their pension very late, they had very little in there until recent years.

Ah good old salary sacrifice. Another route soon to be closed by reeves

 

[Captain Dart]

If I've understood your question there are some pipelines out of the area, but the bulk of it goes via sea and unfortunately via the strait.


Here's a nice cheery outlook on the next few months. Not.

There is a pipeline across Saudi that map omits. It's capacity is relatively limited but it's there.

 

[Marty]

I see they're drawing up plans to build a Panama canal style waterway to just completely by pass the Strait of Hormuz.

 

[PVA]

There is a pipeline across Saudi that map omits. It's capacity is relatively limited but it's there.

Yes, the map I posted is just the sea routes.

 

[rob9872]

Sorry to be a killjoy on this one, but why on earth were pensions so close to drawdown so exposed to financial markets still?

This is where I am. I'm 10 years from taking mine yet (53 now planned for 63 - or that's the current plan), but have still lost over £20k from it's value in recent weeks, however I'm not concerned because I know it will catch up again. My later years though as it gets closer, more and more gets transferred into bonds. I didn't set that and it's almost all currently in an 'above average risk'. It means no last couple of year big gains, but also protects it.

 

[Sky_Blue_Dreamer]

Most pensions will be as they still rely on continued growth strategies to support drawdown

Hang on, when we had this argument a couple of months ago you said pensions this close to retirement wouldn't be exposed to risk?

And as you said there should be a plan in place to try and negate the short term effects (though not open to everybody) but if they take it now and get the 25% lump sum, that lump sum is going to be a lot smaller than it was a few weeks ago.

 

[Captain Dart]

Yes, the map I posted is just the sea routes.

The graphic you posted is labelled 'oil flows ', there is nothing about pipelines being excluded.

 

[Captain Dart]

Hang on, when we had this argument a couple of months ago you said pensions this close to retirement wouldn't be exposed to risk?

And as you said there should be a plan in place to try and negate the short term effects (though not open to everybody) but if they take it now and get the 25% lump sum, that lump sum is going to be a lot smaller than it was a few weeks ago.

Do many people have active fund management?

 

[PVA]

The graphic you posted is labelled 'oil flows ', there is nothing about pipelines being excluded.

Well given it only shows sea routes and zero pipelines I assumed it was pretty obvious.

 

[Grendel]

Hang on, when we had this argument a couple of months ago you said pensions this close to retirement wouldn't be exposed to risk?

And as you said there should be a plan in place to try and negate the short term effects (though not open to everybody) but if they take it now and get the 25% lump sum, that lump sum is going to be a lot smaller than it was a few weeks ago.

they aren’t exposed to risk if you voluntarily cash in your private pension which is clearly the case in this example.

It’s also very clear that the tax loophole of salary sacrifice has been adopted here as well

You don’t actually get a tax free calculation until you crystallise the assets anyway. I “took” my pension but didn’t excercise that option until it was at a value I thought was optimal - some 18 months later

also it’s safe to assume if the decline is at the stated claimed value the total fund if in excess of the threshold anyway

 

[Macca1987]

If I've understood your question there are some pipelines out of the area, but the bulk of it goes via sea and unfortunately via the strait.


Here's a nice cheery outlook on the next few months. Not.

I don't know if I just don't get it, but all the quotes say 20% of oil etc goes through the straits, to me that means 80% doesn't, so why all the hand wringing and woe is the world, or can someone explain to me the issue better, thanks

 

[PVA]

I don't know if I just don't get it, but all the quotes say 20% of oil etc goes through the straits, to me that means 80% doesn't, so why all the hand wringing and woe is the world, or can someone explain to me the issue better, thanks

I am no expert, this is just stuff I've read up on recently, but my understanding is it’s the sheer scale of it.

20% on it’s own doesn’t sound a lot. If your local supermarket has 20% less tomatoes or whatever delivered it’s not a big deal. But if the world suddenly loses 20% of it’s oil supply, that’s absolutely seismic.

And it’s not so much the volume, but the effect it would have on the price.

It would be unprecedented in scale – in the 1990 Gulf War 5% of the global oil supply was blocked and the price of oil tripled. In the Russia/Ukraine war 3% of the global supply was sanctioned and prices doubled.

So yeah 20% is absolutely huge, god knows what it would do to prices.

 

[Captain Dart]

In other news Iran is now targeting desalination plants which all the Gulf states are heavily dependant on and apparantly there is a bunker underneath the new White House ballroom.

World's mad and getting madder each day isn't it.

 

[Sick Boy]

In other news Iran is now targeting desalination plants which all the Gulf states are heavily dependant on and apparantly there is a bunker underneath the new White House ballroom.

World's mad and getting madder each day isn't it.

It’s almost like it was all done on vibes.

 

[Brighton Sky Blue]

It’s almost like it was all done on vibes.

Just how that twat was elected.

 

[wingy]

It’s almost like it was all done on vibes.

Not really,sure it's always been the plan for both of them,as much as the upshot continues.
Wonder if starmer and other members of his cabinet are still with the Zionists? After all they're well practiced.