Jump to content

Next Prime minister lads/lassies ?


ditchman
 Share

Recommended Posts

Just now, TIGHTCHOKE said:

World Economic Forum?  

Thank you.

 

1 minute ago, Penelope said:

World Economic Forum. The good and the great go to Davos every year for indoctrination. Google them and Klaus Schwab. Think Bond baddy rubbing a cat.

 

"You will own nothing and be happy"  - Klaus Schwab/WEF quote for the Great Reset.

Thank you. 
NB In my world, anybody who rubs a cat is a baddy (or at least not to be trusted!)

Link to comment
Share on other sites

  • Replies 384
  • Created
  • Last Reply

Top Posters In This Topic

& don't expect to find the truth about the WEF on any platform run by Google,Google etc will only let you see what they want you to see,the majority of the world has woken up to what's really going on,unfortunately there's a minority who only believe what MSM tell them.

Link to comment
Share on other sites

  • 3 weeks later...

Hello, interesting in Liz Truss statement on profits made by BP and other major companies, while BP makes billions no thought to anyone filling up the family car just to go shopping in Tesco and hit again with daily price rises on essential groceries , Tesco stopped selling small cartons of milk ? Waitrose charge about 68p co op 70p,  £ shop here 50 p and delivered daily , and these sell out by 10 am, it seems a free for all in the profit stakes,

Link to comment
Share on other sites

2 minutes ago, oldypigeonpopper said:

profits made by BP and other major companies,

You have to understand that the 'profit' of the oil and gas companies is (very largely) a paper profit.  The oil and gas companies explore for oil and gas and identify and secure the oil and gas fields long before removing any oil or gas.  These (as yet unexploited) fields have a value that is dependent on the market price for fuels.  Basically if the price of oil doubles, the value of BP etc future stocks doubles, so the valuation of oil in stock doubles - and so in accounting terms - a huge profit has been made.

Similarly - if the price halves, the value of oil in stock halves - and so a huge loss is made (because the stock is worth half what it was in the previous accounting period).  In past years, BP has also made huge losses .......... but this isn't cash in the bank, but the 'potential' value of stock secured for the future.

In fact - in Q1 of 2022 BP made huge losses ($20 Billion) due to writing off it's Russian stocks, and in 2020 it made huge losses ($18Billion) due to value of oil plunging during Covid.  https://www.argusmedia.com/en/news/2182903-bp-slumps-to-record-loss-in-2020-as-pandemic-bites

These figures are largely due to the way accounting periods are closed off by stock valuations, which in oil and gas have been fluctuating wildly.  Oil has varied over 10 years between around $11 a barrel to $121  https://www.macrotrends.net/2516/wti-crude-oil-prices-10-year-daily-chart

If governments want to make 'windfall' taxes on when future stock still in the ground has increased in value (but no cash has yet been realised) then they should also make 'windfall' refunds when the future stock has devalued again.

ALL a windfall tax does is pushes up prices at the pumps because hard cash has to be found to pay for a tax on 'paper only' profits.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.

×
×
  • Create New...