Current Affairs Cost of living…

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That is obscene - $10.50 in convict money for Pringles!

Half the price in paradise. Bout time you lot emigrated.
 
Everyone that voted for or that supported the lockdown bare responsibility for the cost of living today. That was the most ruinous, non-war, economic policy ever. I find the lack of discussion or criticism about it extraordinary. It doesn't even have it's own thread when it contributed so much harm to so many people.

There’s a humongous Covid thread where you can freely discuss this if you wish.
 


The source isn't thrilling but the sentiment is indicative of what the sharks will be doing.

 
It is as if they want repossessions..
Going to be riots in 12 months time. People aren’t feeling the pinch at present due to being on fixed rates. The more and more that expire then people will wake up and realise how bad it is. Weirdly enough as I’ve been on a variable rate I have slowly experienced pain so been able to gradually manage it. I fear for people who go from 0.5% one month to 6% rates within a month.
 
Going to be riots in 12 months time. People aren’t feeling the pinch at present due to being on fixed rates. The more and more that expire then people will wake up and realise how bad it is. Weirdly enough as I’ve been on a variable rate I have slowly experienced pain so been able to gradually manage it. I fear for people who go from 0.5% one month to 6% rates within a month.
Can't afford Cornettos, eh?

That Pringles price above is indeed nuts. Still $2.49 here when they're not on sale.
 
Going to be riots in 12 months time. People aren’t feeling the pinch at present due to being on fixed rates. The more and more that expire then people will wake up and realise how bad it is. Weirdly enough as I’ve been on a variable rate I have slowly experienced pain so been able to gradually manage it. I fear for people who go from 0.5% one month to 6% rates within a month.

This happened, memory serves me under Thatcher, really bad times, but it just does not compare to this. On top of youre mortgages, you have, Sky high energy bills, petrol has gone up, falling slightly now and Supermarkets have of course jumped on the bandwagon. Terrible time to be young, with a young family with a mortgage. Really feel for people in that situation right now. Something has to be done to help.
 
This happened, memory serves me under Thatcher, really bad times, but it just does not compare to this. On top of youre mortgages, you have, Sky high energy bills, petrol has gone up, falling slightly now and Supermarkets have of course jumped on the bandwagon. Terrible time to be young, with a young family with a mortgage. Really feel for people in that situation right now. Something has to be done to help.
Telling you right now mate, it’s us against them. No help will be made under this government. Somethings got to give and I think I’m 12 months time we will nationwide riots.
 
Going to be riots in 12 months time. People aren’t feeling the pinch at present due to being on fixed rates. The more and more that expire then people will wake up and realise how bad it is. Weirdly enough as I’ve been on a variable rate I have slowly experienced pain so been able to gradually manage it. I fear for people who go from 0.5% one month to 6% rates within a month.

It's like children are running the country that don't understand what the consequences of their actions, or worse they know and welcome it. All they're doing is taking a huge piece of the economy - those with mortgages and by taking away their disposable income it prevents them going to pubs/restaurants/attractions buying whatever which in turn will end up in a lot of those closing and before they have chance to react the economy will be dead from a tax receipt point of view and THEN they will put interest rates to low or even a minus value to try and recover.

People are also asking for bigger wages to cover higher bills which in turn causes companies to put up prices. So I wonder what this is going to do? As I guess it would cause businesses to put up prices to pay their bills that have increased yet again.

These economists are about the same as the people in the control room at reactor no.4 in Chernobyl, putting up interest rates like they were withdrawing control rods, instead of slowly doing it over a period of time and eventually it's just going to go boom.

But hey least the banks will be better off for all the money they are raking in now and then the people who will buy up cheap houses. :rant:
 
Telling you right now mate, it’s us against them. No help will be made under this government. Somethings got to give and I think I’m 12 months time we will nationwide riots.
There could well be riots.

Who would be surprised? When there's nothing left to lose, it's time for desperate action.
 
There could well be riots.

Who would be surprised? When there's nothing left to lose, it's time for desperate action.
Everyone’s a little bit happier at the moment due to the nicer weather. However once the winter comes and it’s worse than last year for hills it’s going to cause utter depression. With the age of social media this will lead to full scale riots.
 
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