• BCA Finances

    An informative discussion

    Recently there was long thread about the BCA. I can now post possible answers to some of the questions, such as "Why is the BCA still raising membership prices when there is a significant amount still left in its coffers?"

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Best ever current government policy song

AR

Well-known member
Do we have a government? Or anything that might just about pass in a favourable light for a policy?
 

TheBitterEnd

Well-known member
Or Radiohead - No Suprises

A heart that's full up like a landfill
A job that slowly kills you
Bruises that won't heal
You look so tired, unhappy
Bring down the government
They don't, they don't speak for us
I'll take a quiet life
A handshake of carbon monoxide


Anyway, that's brightened up your Friday evening :)
 

Fjell

Well-known member
Look on the bright side, you can buy 20 year gilts at 5% yield. And the government is paying your heating bill. What’s not to like?

There is nothing like panic for cutting out a juicy steer from the herd.

Those who indulged in gilts at 5% are now sitting on a 40% profit. :cool:

All you have to grasp is that inflation is going to get hammered down to 2% or so, so 5% yield for 20 years at zero risk is good going. And eventually even those intellectual Titans pack animals in finance will twig it. These are the same people who previously bought 30 gilts at near zero yield, what else do you need to know?

Anyway, at least we now have a Wykhamist in charge. That’s strangely almost a first.
 
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