It is so nice to know there are many that are well versed and brilliant with understanding of the United States constitution. Will have to tell those learned professors who have spent years reading the constitution to just come on this site as there are many here that know all about it.
@redstar Trump is so well versed in the Constitution and the Bill of Rights that he doesn't even know he's sworn to upheld the former and required to obey the rules of the latter. As for his economic prowess, he doesn't understand how trade works and thinks that because the USA imports more than it exports the US is subsidising those other countries. It's not. It's just a case of not having the resources to make everything it wants or needs and not having enough that the rest of us want to buy to balance its trade. As a result of those ridiculous tariffs, China has cancelled all beef imports from the USA and is now buying from Australia. That means USA farmers losing income form all those lost sales. They can't sell it to Europe or the UK as we won't accept any meat raised on artificial growth hormones. 80% of toys sold in the USA are made in China. How are you going to explain the effect of 140% tariffs on the contents of children's Xmas stocking?
I would imagine that the sudden drop in imported goods is having a serious affect on those working at docks too.
I'm pretty sure it's irrelevant whether your PBs are in consecutive blocks or not. Each individual bond has the same chance of winning any individual prize. There are lots more small prizes than large ones so the chance of a bond winning a small prize is much bigger than chance of it winning a big one. And the more bonds you have, the higher your chance of winning something (eg £50000 worth is 50 times more likely to win something than £1000 worth) which is right because you're effectively gambling with the interest. When interest rates go up there are more prizes (more chance of winning something) and when they go down there a fewer prizes (less chance of winning something). I won £150 this month . I think the biggest single prize I ever won was £500, but most months I get something.
Yes @KT53 lots of empty container ships arriving in LA docks with empty containers so no work for the dockers, no fees for the shipping lines and no tariffs/import duties payable. As a knock on, nothing for truckers to transport across the country so no pay. Apparently most of them voted Trump and are now reaping the rewards - no work, no pay, no social security.....
I don't understand that either @pete but maybe it's like buses, trains and planes having to move according to schedules or they'll be in the wrong place. Seen that a lot after power cuts, strikes, bad weather.......... There's a charity in Bristol @Fat-Controller that makes dwellings out of shipping containers and is reducing the homeless figures.
They aren't going to leave their containers and ships in China just because they have no cargo. Every day in dock or not removing your containers, empty or not, from dock holding facilities costs mightily. That's why customs delays also kills profits. A load held in sufferance facilities is a giant headache for freight companies.
So Turnip’s closing the museums and libraries. But Alcatraz, so far as I recall, is a museum. At least it was when I visited the USA in 1986. So he’s paying millions to reopen a museum that he’s closed. Wow! What a brain that bloke has! Too clever for me to understand.
@JennyJB, statistically, yes, each bond has an equal chance, but actually having groups does help. If a win is going to fall somewhere in a 5,000 block and you hold that block, you will win. If instead you have 5,000 single bonds scattered throughout the entire draw with one in the aforementioned £5,000 block, your chances of it falling on yours is 1 in 5,000. It's a bit like needles in haystacks. Singly, hard to hit on. Grouped together, easier. If you did an experiment with having £10,000 in small groups (of say 100) and larger (5,000 min) and recorded which bonds won over a decade or so, you would probably see this play out. Well done on your May £150! Nice haul. I have cashed all mine in now. One month they told me I had won £25 and it showed up in my PB account. However, it never reached by bank account and when I noticed this on checking my statement a couple of months later, I went back to my PB account and the win was no longer showing. I contacted them and they said unless I had noted the number, they couldn't help. Luckily it was only £25, but I'd had a dry run of 18 months with practically no wins, while my sister had made 6% interest on hers in the same period. Peeved, I gave up.
