@proptechpioneer Only 3% of Tate & Lyle’s revenue is from the UK so this isn’t a UK economy issue. The stock market needs resuscitating but that’s a different problem (that also needs fixing).
@FUDdaily Because everything in our economy relies on taxpayer subsidised demand to look like growth instead of allowing price discovery to match real wages. That’s why nobody can afford anything.
@proptechpioneer@moving_charlie Agree with Ashley on this - the market price will be the same whether stamp duty is charged or not. That’s exactly why the government has no incentive to abolish it.
@HistoricRecord@moving_charlie@Reddit If a seller has listed their property for sale and they can’t sell it then it’s a buyer’s market. This isn’t rocket science 🙃
@proptechpioneer If it’s never controlled prices then it’s not a demand control mechanism, and if buyers pay the same overall amount regardless then the government has no incentive to remove it 🤷🏻♂️
A look back at the stocks that traded above 10x sales at the dot-com peak.
What happened next:
– Cisco: ~25x sales, P/E above 200. Crashed -90%. Finally broke its 2000 peak in December 2025. 25 years and 8 months later.
– Intel: ~13x sales. Crashed -82%. Finally broke its 2000 peak in May 2026. Almost exactly 26 years later.
– Microsoft: ~25x sales. Crashed -65%. Took 16 years and 8 months to make a new high (October 2016).
– Qualcomm: ~30x sales. Crashed -88%. Took roughly 20 years to break even.
– Sun Microsystems: ~10x sales. Crashed -97%. Acquired by Oracle in 2009.
– JDSU: ~50x sales. Crashed -99%. Broken into pieces.
– Yahoo: ~50x sales. Crashed -97%. Sold to Verizon for a fraction.
– Lucent: ~10x sales. Crashed -99%. Eventually absorbed by Nokia.
– Nortel: ~15x sales. Bankrupt in 2009.
Then there's the famous mega survivor.
Amazon traded at ~30x sales at the peak. It still crashed -97%. The investor who bought at the top held through a 97% drawdown before eventually making money roughly a decade later.
The lesson isn't that every 10x sales stock ends in zero.
It's that even the eventual winners crash 90%+ first, and break even only after a generation.
Cisco. Intel. Microsoft. Amazon. The four greatest tech survivors of the dot-com era. Average time to break even on price alone: roughly 19 years. Inflation-adjusted, the math is uglier.
You have to be very right, very early, and willing to hold through unimaginable pain.
Most people aren't.
@DPJHodges a) Fair concern
b) Klopp got 90+ points in 3 seasons despite being in an unfair fight with Man “115 charges” City every time - he was superhuman
c) Hughes appointed Iraola at Bournemouth so already knows him well
@DowdEdward@VladTheInflator Bankers won’t care and the IPOs will go ahead as priced. But the public market absolutely will care so would expect the stocks to fall almost immediately.
Yes. Either wages double or house prices halve. You need massive intervention to correct the lack of building over 20 years. Forest City will nearly halve the price of a house.
@proptechpioneer@alexgroundwater Otherwise known as a demand problem 🙃 everyone’s finally starting to realise it means more than just the number of people going up
This is one of the main reasons everything in the UK is so expensive
Instead of allowing free markets to lower prices to meet demand from real wages, successive governments decided to borrow money and subsidise demand to keep prices high - like housing - through welfare instead
@brandonjcarl If a startup’s business model isn’t prepared for every single point in (3) going against them - input costs increasing, competition increasing, power constraints on growth - then the founders aren’t doing their job properly.
Saylor owns 850000 bitcoin out of which he sold 32 to test liquidity.
This caused bitcoin to drop 10%.
If he were to sell all 850000 bitcoin, it will drop to 1 cents where I have a limit order to buy all 21 million bitcoins .