Yay capitalism, I’m 29 years old and I am going to have lived through two recessions, a pandemic and now massive inflation and I’ll be doing that while watching companies post record profit.
Another remarkably normal occurrence on normal island. I really struggle to see how this can be maintained without wage rises, people are already scraping to get by in day to day life, simply working to live. Meanwhile, the companies hiking prices are experiencing record profits – how can this be the way a supposedly functional society works?
Remember when David Cameron endlessly harped on about The Conservatives being the party of financial responsibility?. They’ve been in power for 12 years and everyone is significantly poorer bar corporations and the top earners. It would be OK if we’d had a absolute spending bonanza on infrastructure and public services – but we’ve invested in virtually nothing and cut the public sector to ribbons. If you had a personal trainer – he worked you like a dog, gave you a diet he recommended and really made you suffer – yet after a whole decade, despite following everything he instructed, you were in significantly worse condition than you were when you started; would you continue under this person?
I’m 100% convinced that the official inflation figures are much higher than 9%. Someone said, “it’s the exact number you’d pick to avoid double digit fear” and I’ve not stopped thinking about it.
“Thinktank” you mean coorporate/ government propogandists?
Just to add though, they aren’t wrong here because it’s obvious, but never EVER trust a think tank.
Profits in the fundamentals of life will soar, think tank claims!
Honestly it just makes you fear progressing at all. What’s the point in saving to buy a house if you won’t be able to afford to heat it? Having kids if they’ll be hungry and cold? Getting a promotion if it’ll be wiped out immediately by expenses increasing? Working at all if you see no benefit?
They are creating a downtrodden and despairing society, and that in itself will have knock-on effects.
I’m done bothering about planning for the future. I’ve already decided against having kids. I could get a mortgage but what’s the point. I may as well just blow my savings and go travelling. Have as much fun as possible before it all comes tumbling down. Why even bother planning for retirement too….it’s not a world I’ll wanna be on when I’m old and frail.
~~trickle down economics~~ trickle up prices
not high enough. thatcher’s time inflation is 22 to 25%.
I honestly at this point cannot wait for death.
I think these high prices will become the norm. When do these things rarely go back to how they were.
Is it time to shove everything you’ve got in gold or something? Please someone tell me if this is stupid as I’m not quite sure if I’m joking
But wages will rise too right? Right?
TAX.
THE.
RICH.
Economists are calling it Sonic Inflation. It gets specially aggravated by the impact of rule34. Please look up sonic inflation rule34, to learn more… it’s pretty scary stuff.
Your grand/parents are right: all the mishaps in your lives, the state of the economy, the loss of morality, can all be attributed to Labour and the left in general. They do not even have to govern, just by being in existence Labour are the cause of all the woes in society /s
No worries, the head of BP is still making millions,MPS will be getting a pay bump in line with inflation, keep calm and carry on plebs.
While the energy companies post record profits and the Tories blame Labour for the economy they have systematically screwed over the last 12 years, while using a pandemic that killed hundreds of thousands as an excuse to hand billions in backhanders to their mates.
That will show those bloody Europeans. Now where is my Brodie and spam. I am on Home-Gaurd duty in an hour.
But at the next election people will still vote b*****d tory.
Can it get to a point where people.just can’t afford anything. I mean even so far as to work?
Can’t afford gas/electric
Can’t afford petrol/diesel
Can’t afford shopping
Can’t afford to go shopping
Put prices and interest rates up.as.much as you want. No one’s gonna be able to pay.
Has to be a straw that’s just gonna break the back and cause some sort of massive riot or civil war? Surely.
I’m in the final year of my mortgage deal and it’s terrifying watching the rates rise before I can lock in to a deal.
And despite this I’m sure the companies that “need” to increase living costs will keep posting record profits throughout
ThinkTank funded by oil and gas money say PRICES WILL SOAR LOCK IN YOUR ENERGY DEALS NOW AT £900 A MONTH BEFORE ITS TOO LATE!!!!
25 comments
Yay capitalism, I’m 29 years old and I am going to have lived through two recessions, a pandemic and now massive inflation and I’ll be doing that while watching companies post record profit.
Another remarkably normal occurrence on normal island. I really struggle to see how this can be maintained without wage rises, people are already scraping to get by in day to day life, simply working to live. Meanwhile, the companies hiking prices are experiencing record profits – how can this be the way a supposedly functional society works?
Remember when David Cameron endlessly harped on about The Conservatives being the party of financial responsibility?. They’ve been in power for 12 years and everyone is significantly poorer bar corporations and the top earners. It would be OK if we’d had a absolute spending bonanza on infrastructure and public services – but we’ve invested in virtually nothing and cut the public sector to ribbons. If you had a personal trainer – he worked you like a dog, gave you a diet he recommended and really made you suffer – yet after a whole decade, despite following everything he instructed, you were in significantly worse condition than you were when you started; would you continue under this person?
I’m 100% convinced that the official inflation figures are much higher than 9%. Someone said, “it’s the exact number you’d pick to avoid double digit fear” and I’ve not stopped thinking about it.
“Thinktank” you mean coorporate/ government propogandists?
Just to add though, they aren’t wrong here because it’s obvious, but never EVER trust a think tank.
Profits in the fundamentals of life will soar, think tank claims!
Honestly it just makes you fear progressing at all. What’s the point in saving to buy a house if you won’t be able to afford to heat it? Having kids if they’ll be hungry and cold? Getting a promotion if it’ll be wiped out immediately by expenses increasing? Working at all if you see no benefit?
They are creating a downtrodden and despairing society, and that in itself will have knock-on effects.
I’m done bothering about planning for the future. I’ve already decided against having kids. I could get a mortgage but what’s the point. I may as well just blow my savings and go travelling. Have as much fun as possible before it all comes tumbling down. Why even bother planning for retirement too….it’s not a world I’ll wanna be on when I’m old and frail.
~~trickle down economics~~ trickle up prices
not high enough. thatcher’s time inflation is 22 to 25%.
I honestly at this point cannot wait for death.
I think these high prices will become the norm. When do these things rarely go back to how they were.
Is it time to shove everything you’ve got in gold or something? Please someone tell me if this is stupid as I’m not quite sure if I’m joking
But wages will rise too right? Right?
TAX.
THE.
RICH.
Economists are calling it Sonic Inflation. It gets specially aggravated by the impact of rule34. Please look up sonic inflation rule34, to learn more… it’s pretty scary stuff.
Your grand/parents are right: all the mishaps in your lives, the state of the economy, the loss of morality, can all be attributed to Labour and the left in general. They do not even have to govern, just by being in existence Labour are the cause of all the woes in society /s
No worries, the head of BP is still making millions,MPS will be getting a pay bump in line with inflation, keep calm and carry on plebs.
While the energy companies post record profits and the Tories blame Labour for the economy they have systematically screwed over the last 12 years, while using a pandemic that killed hundreds of thousands as an excuse to hand billions in backhanders to their mates.
That will show those bloody Europeans. Now where is my Brodie and spam. I am on Home-Gaurd duty in an hour.
But at the next election people will still vote b*****d tory.
Can it get to a point where people.just can’t afford anything. I mean even so far as to work?
Can’t afford gas/electric
Can’t afford petrol/diesel
Can’t afford shopping
Can’t afford to go shopping
Put prices and interest rates up.as.much as you want. No one’s gonna be able to pay.
Has to be a straw that’s just gonna break the back and cause some sort of massive riot or civil war? Surely.
I’m in the final year of my mortgage deal and it’s terrifying watching the rates rise before I can lock in to a deal.
And despite this I’m sure the companies that “need” to increase living costs will keep posting record profits throughout
ThinkTank funded by oil and gas money say PRICES WILL SOAR LOCK IN YOUR ENERGY DEALS NOW AT £900 A MONTH BEFORE ITS TOO LATE!!!!