Opinion Kilcrohane's view of the Automotive Industry and Global Economy. Part Deux.

[BMW4ever]

But the Queen, the Funeral, all those men in fancy costumes, all that wealth and power:

- in less than a century, UK has become the pauper of the developed, first world, without the plebs noticing, or being told, by 'their' media/govt.

The plebs adore the pomp and pageantry, of people they have as much in common with as African bushmen.

'UK' was a Heist. The gold and wealth on display this time last week was all about making you feel proud, and rich, part of an obviously so rich country.

Suckers. That wealth may as well be on the moon. Because you, and all your generations of descendants to come - if they weren't jabbed - will never touch it, or own any tiny bit of it.

And still, with even the news this morning, that the UK plebs are (far) poorer than Poles, Hungarians, Bulgarians even, they will worship their slave masters, the 'Royals', the 'elites', in Belgravia, Kensington etc, who think these plebs are lower than dirt, and are actively exterminating them. Stockholm syndrome doesn't cover it. The Brits are mad, always have been, for centuries.

 

[BMW4ever]

When will Tata smell the coffee and dump its 'crown jewel'?:

Tata Motors shares slip 7% today, here's why - BusinessToday

Tata Motors share price today: Tata Motors stock fell 7.02 per cent to Rs 393.35 against the previous close of Rs 423.05 on BSE. Total 6.60 lakh shares of the firm changed hands amounting to a turnover of Rs 26.49 crore .

www.businesstoday.in

- 7%? Try 70%, or more. JLR relies that or more on 'UK' - London/S.East - parasites - City bankers, lawyers, media, pols, and property magnates in Surrey, Bucks, Berks and the nicer bits of Middlesex and Essex.

That's just blown up.

The £50-150k market has gone, dross Evoques, BTL Landlord Specials RRSports etc. JLR needs to be one-tenth of its size, cater to £200k+.

Taycans are everywhere. JLR needs to close Halewood, drop the pretence of being mass market, middle market, and having a prayer against the excellent iX1, with the no doubt twice the price eEvoque EV thing from 2024/5, and just try to exist on the fumes of about 50k max new Full-fats and Sport sales for the next 18-24 months, until the EV versions come out.

If Tata had sense, they would offload now, before the whole thing heads downs the mineshaft, and take them with it.

JLR's only going one way - the same way as the UK 'economy', which it's been a derivative of, proxy for, since the house price recovery in 2011/12 - booming BTLs, house prices, stock market, all 'assets'.

That's all gone bang, obviously. 7% won't cut it. Tata Motors is a joke - a massively pumped, fake share price. People with a brain know it was pumped to offload JLR, in an IPO, hoped for, for the last 2 years, and still. Impossible now.

JLR is gone, like the UK economy. Cut it free, or run it on fumes, at a fraction of its size, for 2 years, and hope for the best - 1% chance or less of surviving anyway, past 2025.

 

[BMW4ever]

Is the UK population on drugs?:

Used 2006 Volvo for sale

Check out this Volvo V50 for sale on PistonHeads. Get in touch for more information or to take a test drive today!

www.pistonheads.com

YY06GUH
VOLVO V50 SPORTSWAGON
Your offer
£727*

Maybe a typo, but more likely just a greedy prick, trying it on, hoping he can offload this scrap to some gullible fool, flush with funds from his/her hovel/BTL portfolio going up £x millions in the last 5 minutes - until it all went bang.

Insane country, with millions of massively deluded, ultra greedy, ultra lazy, ultra bad/no-,mannered, surly 'people', who due to the last 30/40 years - for most all their adult lives - believe the world owes them a (multi-)millionaire's living, for doing f#ck all, but being British, being a homeowner, a couple of rented 'pension pot' hovels, and having a subscription to The Times, and thought perhaps about writing a book - passing on their special knowledge and how-to success in life.

Pistonheads - Last Redoubt, Eagle's Nest, of the English petrolheads - 40 yr old Ford Escorts worth £10-20k - and BTL wankers and their 'stunning', 'unique' cars

 

[BMW4ever]

Billy Bunter Bailey rolls off the couch, puts the black forest gateau family pack down, and says sweet fa - 'we're very cross, will not hesitate to act, BUT, will actually do nothing - because we can't - the UK's screwed, and everyone knows it'':

Pound Tumbles After BoE Issues Brief, Toothless Statement Over FX Turmoil | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

What could he say? The jig's up? Which it is. If he backed Truss and the member for West Africa up, the £ would fall like a rock, below $ parity this week, and hyperinflation in food bills well before Bonfire night.

If he said he was putting his foot down, jacking up the base rate, to prop up the £, and cut inflation, he'd destroy the UK 'economy ' - house prices - with millions of Brits thinking of topping themselves by the end of this week - mortgage payments doubling, trebling, within 12 months for most, and massive negative equity and homelessness, AND all those 'millions of businesses' that sprung up like mushrooms in the last 12 years or so, coffee shops, nail bars, personal trainers, dog walkers, etc, etc, would vanish overnight.

A shit show. There is no way out. UK was a joke country and economy since at least the mid 1980s. The Day of Reckoning has come - decades too late.

Brits in the 80s/early 90s were more robust, and of course far more cohesive - not as diverse, vibrant.

Now, it's like Russian Roulette, with 5 chambers WITH bullets. Most Brits will do well to just be alive in a couple of years time.

If this madness, boil had been lanced in the 90s, Britain would be now like Italy, or Sweden - half sane, half able to survive what's coming.

UK's f#cked. The stock of people is too low - low intelligence, hooked on greed, short-termism, and 'entertainment'.

They're children, most of them. Children do not react well to shocks, being cold, hungry and frightened to death.

 

[BMW4ever]

Wait until the end of the week, and UK 10y gilts are at 6%, and BTL landlords are throwing themselves off Beachy Head. This flipper special 'stunner' will be unsaleable:

Auto Trader UK - New and Used Cars For Sale

Find your next car with Auto Trader UK, the official #1 site to buy and sell new and used cars. Over 400,000 cars online. Simple, easy, quick!

www.autotrader.co.uk

LS22UPY
LAND ROVER
DEFENDER ESTATE SPECIAL EDITIONS - 5.0 P525 V8 Carpathian Edition 90 3dr Auto
Your valuation
£97,270

LS22UPY
LAND ROVER DEFENDER ESTATE SPECIAL EDITIONS
Your offer
£91,421*

 

[BMW4ever]

The BBC tells the thick plebs not to believe their eyes and their shivering bodies, that the weather is 'cool' - like a low 80s day in the tropics. Boilers will be going on, to counteract this 'ccol', with the plebs worried to death over every BTU burned, ...unlike Mother Russia:

russiangas1 - Twitch

Russian Gaz 24\7 1.44EUR\Month \!7tv !donat !tg !inst !btc

www.twitch.tv

 

[BMW4ever]

The burned to a crisp flippers have cottoned on that the reg is all that's needed to show how much their 'stunning' cars are actually worth:

Used Brand New 2022 72 Plate Defender X D300**7 Seats**32 miles from new**Panoramic Sunroof** for sale

Check out this Brand New 2022 72 Plate Defender X D300**7 Seats**32 miles from new**Panoramic Sunroof** for sale on PistonHeads. Get in touch for more information or to take a test drive today!

www.pistonheads.com

6% mortgages for the BTL scum class has had a 'cooling' effect, as the BBC would put it, on these 'stunning' cars, that everyone wants - losing a £grand a week, £150 to fill up, £000s to tax, look like a cock driving one.

£100k Defenders are the £1 million BTL hovels - both headed for extinction - their owners/flippers cremated.

 

[BMW4ever]

And there goes the UK 'economy' - housing

 

[BMW4ever]

And there's gone the US economy - a tiny bit less housing than UK

 

[BMW4ever]

Daily Mail demoted the UK house price crash to page 14 today. HA HA HA HA HA HA HA HA HA HA HA HA.

Apparently next week's 'Tory' - Rachman landlord scum - party conference is sponsored by the Samaritans.

Lorry loads of defibrillators being delivered to beautiful Birmingham.

All those 'vibrant' landlords of slum hovels in the city, may want to have a word or two with these Tory MPs.

'I'm f#cking ruined, bro'. 'What you f#cking gonna do about it.'

Bostin, as they used to say in B'ham - 50+ years ago. Let the scum(s) tear each other apart.

#RingofSteeForAVibrantShithole

 

[BMW4ever]

D'ya think the plebs, marks, were set up., for literal slaughter - mass homelessness, and freezing to death - with that massive final blowout, lure them in and trap them, with that 'Covid', 'Pandemic', final money printing splurge, to the $trillions? Or are you Ray Charles?

 

[BMW4ever]

The average schmuck, under <35/40 years old, in London - all that matters in country 'UK' - is, or will be very shortly, paying £2,000/month or so for a £500k or so mortgage, on a pile of naff London yellow bricks and dust, and damp in this weather, and mould - unable to heat it .

TWO GRAND a month. Me thinks there'll be a lot of 'accidental fires' - insurance jobs.

If not, there's no way out of this, for those cornered schmucks, who thought London/UK was the centre of the world, and like Dick Whittington, full of gold, due to house prices going up £500-1,000 a week, for year after year - free money.

If they try to sell, no with a brain is buying. They'll have to drop the price by at least a third, over 'the market' values. By end of next month, with cold, dark, huge bills, and total misery for as far as the eye can see, they'll have to reduce by 50%, not the BS this morning on the paper front pages of '15% house price drop'.

Same with cars - 'classics'. all those joke rubbish on Pistonheads and Autotrader, with greedy so and sos, arrogantly asking for ridiculous money. That's all gone, over. Slash by half, or forget selling your 'prized' 'classics' - run of the mill rubbish, that you bought as an investment, because you read it in the Daily Mail/Times weekend Money sections.

#MuppetSlaughter

 

[BMW4ever]

The greedy, soulless, no-talent or scruples or morals people, who rode the money printing, get rich for no work 'wave' - last 12/40 years - have not a clue how much they are hated by those who resisted the temptation to get money for nothing, who had a soul, who could see it was wrong, immoral, against all we're supposed to be, as god's creation. The backlash is going to be enormous, with little to no sympathy for the soon to be homeless, bankrupt, starving 'multi-millionaires', with their 'property portfolios', their 'pension pots', and their stables of 'classic car' investments.

We're human. We're not saints. We tried most of our lives turning the other cheek, doing to others as we would have done to ourselves, but all we got was trampled, laughed at, mocked, for not getting with the mainstream, cashing in, making out like bandits.

Forgive us for our palpable hate of these soulless creatures.

1 hour ago
remove
link
Yeah, I am with you. I am awaiting for the shocked and awed faces as the zombies loom up from their Kardashian app and see for the first time what I have had to watch for decades. Welcome to reality ****os! is gonna be my greeting.
The best part? I have money. They are gonna be debt slaves desperate for jobs.
My plan A is to move out of society but the wife is not fully onboard due to the kid. If I must stay in society I think I am gonna open a business and hire influencers, bitcoiners, etc to clean the toilets. The business will not be about making money, just making them work a real job with **** involved. If I break even I will be in heaven. (my highligting)

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[BMW4ever]

This is nothing about saving, bailing out now bankrupt, offing themselves BTL landlords - tory MPs, BBC bods, etc, etc:

Bank Of England Capitulates: Restarts QE Due To "Significant Dysfunction" In Bond Market, "Material Risk" To Financial Stability | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

- it's about this:

'According to the FT, the "break" in the bond market manifested itself in thousands of pension funds have faced urgent demands for additional cash from investment managers in recent days to meet margin calls, after the collapse in UK government bond prices blew a hole in strategies to protect them against inflation and interest-rate risks.'

- pension funds is huge, where the plebs have their trillions and trillions in 'wealth' stashed. They invest typically one-third in UK gilts. No one wants UK gilts now, unsaleable, so the pension funds values have taken a nosedive overnight - with the sharks in the City demanding they be topped up, to comply with Law, regs., etc.

The BoE knows this would trip the whole system. If pension funds went under, the plebs would really panic, and pull out everything they could - ATMs etc.

So this is not about a Housing market save. It's just fire fighting at its most extreme. the plebs will be told they're saved - their hovels' mortgages ONLY going up £x00 a month, and not £x000.

They system's gone. The ones right at the top know The Plan is to pull it, all, and blame Putin, and WWIII is just round the corner anyway.

Poor plebs' nerves will be shredded by worry of paying the mortgage, not realising that's the least of it.

 

[BMW4ever]

Ha Ha - burned to a crisp flipper:

Range Rover P400 Autobiography
£169,950

*****PRIVATE SALE*****
Premium wanted- no garages or offers of consignment entertained
Available today.

Land Rover Range Rover cars for sale - PistonHeads UK

Looking for a Land Rover Range Rover? Find your ideal Land Rover Range Rover from top dealers and private sellers in your area with PistonHeads Classifieds.

www.pistonheads.com

Webuyanycar

Your valuation
£116,045

 

[BMW4ever]

Truss this morning 'reappears', from the Bunker, voice-only, to local radio BBC - wow, that'll be tough for her.

No sign of Krazy or Fatboy 'Governor' Bailey. In safe houses, guarded by Plod? In Ghana? On a hedge funder's yacht in the Caribbean?

They know the Heist is now obvious to even some of the thickest Brits, with the ridiculous action of the BoE yesterday nothing but a PR exercise, not even a sticking plaster, as this morning already shows, not even 24 hrs later:

Access Restricted

They've scarpered - the puppets and the 'free market' hedge funders, offshore tax evasion mob, leaving the Brits with a country 'worth' xx £trillion in the red - after 40 years of the 'free market' - cover for the psycho rich to steal everything.

It's over. They know it , and now the ordinary person is beginning to realise it.

All that 'property wealth' - the UK economy - was a lie, a fraud, a confidence trick, 40 years long, played on the most gullible, stupid, and yet greedy, and gagging to participate in it, people on the planet - Brits.

£trillions and trillions of 'wealth' gone poof almost literally overnight - 72 hours or so of the 'markets'.

It was a Fraud. Frauds collapse, that's their nature - it's there, and then it's gone - it never existed - that 'wealth'.

UK, as I've said, is the poorest country on the planet, for 90-99% of its inhabitants. No natural resources - spaffed on unemployment in the 80s, or sabotaged - coal mines and N.Sea gasfields - is cold, damp, inclement for 8-9 months of the year, its people famously surly, bordering on sociopathic, and yet goes round the world telling people how to live, and now, absolutely no economy, for a real population nearly twice California's.

Who the hell would invest a red cent in that ball of madness?

The mystery is the 'Pound "Sterling"' is not worth 10 cents or less - its real purchasing power parity, and the backing of UK's real GDP power - almost nothing.

The criminals have stolen everything, of real worth, left the UK plebs holding the bag, of horrible properties worth nothing, but with pay till you're dead debts - mortgages - of up to £1/2/3million, on these joke buildings.

Nightmare for those who literally bought into this con, but no one forced them, at gunpoint. Live by mammon, greed, die by it.

 

[Centurion]

So this is not about a Housing market save. It's just fire fighting at its most extreme. the plebs will be told they're saved - their hovels' mortgages ONLY going up £x00 a month, and not £x000.

Savings are dwindling in value. Actual inflation for the working class is close to 18-20%.

Pop in to supermarkets and many everyday products have gone up in price by more than 8% over the past weeks. A triple pack of chewing gum is now £1.25 in aldi and asda from £1 just a few weeks ago.

Even subway have increased their prices. All of this has been happening during summer. Imagine the price rises we'll see over winter when heating and electricity consumption increase for everyone in the supply chain!

 

[BMW4ever]

Savings are dwindling in value. Actual inflation for the working class is close to 18-20%.

Pop in to supermarkets and many everyday products have gone up in price by more than 8% over the past weeks. A triple pack of chewing gum is now £1.25 in aldi and asda from £1 just a few weeks ago.

Even subway have increased their prices. All of this has been happening during summer. Imagine the price rises we'll see over winter when heating and electricity consumption increase for everyone in the supply chain!

Agreed. They're lying obviously about food inflation - 1/2lb(250g) butter £1.60 a year ago now £2.20, milk up by around 10p/pint in a year, ~45%, eggs nearly double in a year, bread at least 50%, etc.

BUT, this was all known to the dumbest person for the last year, and of course fuel shooting up to nearly £2/litre in spring, and still high, but they took it in their stride, after the initial shock - traffic temporarily fell in spring etc - because, their houses, or BTL portfolios, were going up at £1,000-2,000 a week, say £5,000-10,000 a week for a portfolio, which swamped this cost of living rises.

Traffic, the shops, recovered through the summer, and were no change up until last week - wankers zooming about in cars at full speed on urban roads etc - usual suspects - drug dealers racing each other.

This week, all change. Roads are both emptier and quieter, and shops. Losing the mental 'banker' of that x£000 per week going into your wealth, whatever the cost of food, fuel and energy bills, has gone - and gone into reverse.

People are crapping themselves.

Housing, house prices, was the key, the underpinning, mental bedrock, cornerstone to everything.

Now, it's panic stations, and Truss, the fall guy, pinata, is getting it in the neck - she's just a passenger, after 40 years of insane greed, an economy built on the housing ponzi.

I will be surprised if there isn't a riot, several riots, mass rioting, which will be headed off with a general election - effective putsch of Truss and the Tories, by the real powers behind the scenes.

This is as close as UK and Brits get to passion and rage.

House sales collapsing as banks pull mortgage offers

Estate agent Ian Wyn-Jones said that in just one day his firm had four properties where lenders pulled out

www.mylondon.news

House sales COLLAPSE as banks pull mortgage offers at 11th hour

Mark Pepperell, from Birmingham, owns his home but is considering selling it and going into rented accommodation with his partner Leanna.

www.dailymail.co.uk

Access Restricted

 

[BMW4ever]

'shortages', yeah right. Whoever fell for that, over the last year, last 6 months especially, was not very bright, as in retarded:

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

US leads the way, as usual - housing market collapse, car market collapse... . Autotrader and Pistonheads have max a fortnight to shake their heads and tell their greedy, deluded vendors, 'party's over, cut the crap'.

 

[Centurion]

Agreed. They're lying obviously about food inflation - 1/2lb(250g) butter £1.60 a year ago now £2.20, milk up by around 10p/pint in a year, ~45%, eggs nearly double in a year, bread at least 50%, etc.

BUT, this was all known to the dumbest person for the last year, and of course fuel shooting up to nearly £2/litre in spring, and still high, but they took it in their stride, after the initial shock - traffic temporarily fell in spring etc - because, their houses, or BTL portfolios, were going up at £1,000-2,000 a week, say £5,000-10,000 a week for a portfolio, which swamped this cost of living rises.

Traffic, the shops, recovered through the summer, and were no change up until last week - wankers zooming about in cars at full speed on urban roads etc - usual suspects - drug dealers racing each other.

This week, all change. Roads are both emptier and quieter, and shops. Losing the mental 'banker' of that x£000 per week going into your wealth, whatever the cost of food, fuel and energy bills, has gone - and gone into reverse.

People are crapping themselves.

Housing, house prices, was the key, the underpinning, mental bedrock, cornerstone to everything.

Now, it's panic stations, and Truss, the fall guy, pinata, is getting it in the neck - she's just a passenger, after 40 years of insane greed, an economy built on the housing ponzi.

I will be surprised if there isn't a riot, several riots, mass rioting, which will be headed off with a general election - effective putsch of Truss and the Tories, by the real powers behind the scenes.

This is as close as UK and Brits get to passion and rage.

House sales collapsing as banks pull mortgage offers

Estate agent Ian Wyn-Jones said that in just one day his firm had four properties where lenders pulled out

www.mylondon.news

House sales COLLAPSE as banks pull mortgage offers at 11th hour

Mark Pepperell, from Birmingham, owns his home but is considering selling it and going into rented accommodation with his partner Leanna.

www.dailymail.co.uk

Access Restricted

On mumsnet I have seen posts by mums seeking other mums for a house share. I am not surprised in my toen and neighbouring ones, rent for a 2-3 bed has increased £200-300/month compared with kast year.

In early December last year I stayed in an airbnb for two day at £150/night. This december it's £209/night.

This is not scaremongering on forums. Shit is real out there!

@Matski are you feeling the effects of inflation in the UK?