£1,300,000,000,000 in debt

[NoddY]

...Maybe the solution is to have global minimum time limit on shareholding - say you can buy shares but you must keep them for at least X years before selling them. This would force companies to actually have long term planning and return money to shareholders via dividends like it was happening for centuries, rather than in form of inflated share price value achieved by short term cost cutting....

This is why women investors are more successful than men. They tend to invest on a more long term basis. Men change their share ownership more frequently. This costs them.

[sasguru]

Maybe the solution is to have global minimum time limit on shareholding - say you can buy shares but you must keep them for at least X years before selling them. This would force companies to actually have long term planning and return money to shareholders via dividends like it was happening for centuries, rather than in form of inflated share price value achieved by short term cost cutting.

.

There you go wanting to create red tape again. Like all soviets you still don't understand a market economy. If you are right and the UK economy is a house of cards, then the markets will expose that with a huge crash. All fine and good. That's the beauty of the markets, you can't rig them indefinitely.
If ska has some technical merit and comes to market, hire someone with a business head on their shoulders to run it - you haven't got an iota of a clue.

[AtW]

When the downturn comes, I will be making the decisions about who gets fired.

Yes I am sure you will, but I have seen your types and now choose to position myself in such a way that any possible impact of your kind will be next to zero. Where as you will have someone like you on top of you, so better kiss their butts well because downturn is coming soon

[AtW]

There you go wanting to create red tape again.

No, I don't want more red tape, on the contrary - I want very simple rules that would allow get rid of parasites and create truly efficient market: if you buy shares then it should be long term investment, at least 1 year, maybe 2-3 years for some capital intensive industries (like say car manufacturing). Of course this means you and tens of thousands of parasites in the city will be out of highly paid jobs, and penthouses in London will have to go down in price, probably Porsche dealer will have to downsize as well, but this is not something 99.99% of the UK residents give a fk about, in fact, I am sure it is one of the British values to see fallen heroes, this could be new reality show

[sasguru]

Yes I am sure you will, but I have seen your types and now choose to position myself in such a way that any possible impact of your kind will be next to zero.

So you're going to become a monk, then? Hang on, you'll have to cope with the Senior Monk. Wherever 3 more people interact, there's politics my friend.

[sasguru]

No, I don't want more red tape, on the contrary - I want very simple rules that would allow get rid of parasites and create truly efficient market: if you buy shares then it should be long term investment, at least 1 year, maybe 2-3 years for some capital intensive industries (like say car manufacturing). Of course this means you and tens of thousands of parasites in the city will be out of highly paid jobs, and penthouses in London will have to go down in price, probably Porsche dealer will have to downsize as well, but this is not something 99.99% of the UK residents give a fk about, in fact, I am sure it is one of the British values to see fallen heroes, this could be new reality show

Raw envy will get you nowhere. I'm already in the situation that if I lose my job, I'm sorted anyway. In fact I would welcome it as it gives me an excuse to bugger off to the South of France.

[AtW]

So you're going to become a monk, then?

Time working alone certainly helps to re-evaluate priorities in life. Personally I've got a lot of things to work on so working alone with minimally necessary equipment (computer/internet/books) is pretty much all I need. Of course I'd prefer to drive Porsche and have trophey wife and a few mistresses, but I can downscale my demands much easier than you.

The matter of fact is that I don't want to depend on any single person like a boss that most contractors on this board have to: diversification is one of the most fundamental things that most companies can't get because they look for short term quick wins. In my case I won't deem the company successful unless I have hundreds, if not thousands small revenue streams, so that I can easily say feck off to 10-20% of them and still do well.

[AtW]

Raw envy will get you nowhere.

I don't envy you or any other City workers - in fact I'd probably feel rather disgusted if I earned millions that way, which you ain't going to do anyway. I don't want to live in London even if it was cheaper than any other place - there is zero envy in me my friend, maybe contempt is the feeling that I have when talking about these matters, but certainly not envy.

[King Cnvt]

My house is worth a fortune.

How cool is that?

[sasguru]

I don't envy you or any other City workers - in fact I'd probably feel rather disgusted if I earned millions that way, which you ain't going to do anyway. I don't want to live in London even if it was cheaper than any other place - there is zero envy in me my friend, maybe contempt is the feeling that I have when talking about these matters, but certainly not envy.

Why do you have very strong opinions about subjects on which you know nothing? You're a cliche nerd.