An underrated way to succeed at anything is simply to be ten times better.
Everyone wants to have a unique idea or be a monopoly but you can just be ten times better instead. In a lot of areas, no one is really trying. The world is coated with a film of inertia.
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The BOE now joins the BOJ and ECB in having to print money despite high inflation, in order to support their sovereign bond markets.
https://t.co/cm0crRzvZh
“At these prices with these interest rates, nobody can afford buying these houses” may be true.
But equally true is, “At these interest rates nobody will be able to afford selling these houses.”
Imaging selling your house and jumping from a 2.7% interest rate to 7.2%.
This piece from August, which accused Sunak of “desperate” warnings about what Truss policies could do to the £, is doing the rounds among Conservative MPs, I’m told. Tory source: "Those who only backed Liz for their career are quickly realising the consequences of their actions”