Quite glorious today, as usual:
This is outright abusive planning deliberately engineered by a bank. The answer is simple: such accounts must be assessed on an arising basis, not a payment basis as is used for interest now. The law has to be changed in the Pre-Budget Report.
Well done Ritchie, you\’ve just killed zero coupon bonds. Oh, and STRIPs.
SUICIDE rates in Jersey are more than 60 per cent higher than in England, worrying new figures have revealed.
To which his response is:
Well if you removed the oppression, abuse, secrecy, debased value system based wholly on money, the massive income divide, the feeling that Jersey people are alienated from the place where they were born and a bit more like that I think you’ll find it will help.
This isn’t rocket science: it’s a glaringly obvious sign that the culture of secrecy jurisdictions abuses the human spirit.
UK\’s suicide level is around 11 per 100,000 meaning that Jersey\’s would be 17.6 per 100,000 (although, to be honest, given a total population of under 100,000 I wouldn\’t place much credence on such spurious accuracy in that suicide rate. One love triangle would change the rate substantially).
When the suicide rate is 17.7 per 100,000 in Norway and 20 per 100,000 in Sweden the I guess they must suffering \”the oppression, abuse, secrecy, debased value system based wholly on money, the massive income divide, the feeling that Nordic people are alienated from the place where they were born .\”
So much for social democracy then, eh?