These crises are interlinked, because the green revolution left agriculture hopelessly dependent on energy-intensive processes and inputs, and consumption of fossil fuels as feedstocks for those inputs.
Unless you understand this, you won’t understand why this is happening.
It’s going to get worse, and it’s going to get worse faster ever year, and much faster than you expect.
Buckle up.
I see its lorry drivers fault for getting a pay rise, that they so sorely needed. In 1994 when I started hgv driving, I got paid £20ph nights £16ph days. After 2003 when New Labour decided to allow 3 million Eastern European’s in. The wages went down to £12ph nights £10ph days. E.U lovers said it was just an unforseen accident but, MP’s wages still went up, ceo’s got bigger and bigger bonuses. The middle and upper class wages still went up but, the working and working poor’s classes went down. Also it wasn’t unforseen because, British E.U loving companies were going to Eastern European work agencies and telling them this is what we will pay you. And if British drivers complained they were told to find another job. So donnot blame the drivers blame, New Labour and the E.U for allowing it to happen.
Lovely. Unions best get their heads together then. Interlink the strikes.
It’s the interest rate setting meeting tomorrow. Going to be interesting to see if they bother reacting to this.
Stagflation.
Jesus, we are slap bang in the middle of the 70’s.
I feel a big social implosion coming up and I can’t fucking wait.
>Inflation is the rate at which prices are rising – if the cost of a £1 jar of jam rises by 5p, then jam inflation is 5%.
Sorry to be pedantic, but first they say inflation is the *rate* at which prices are rising.
Then they quote an *amount* by which a price has risen as an example of inflation?
That’s like saying if a car travels 5 miles its speed is 5 miles.
11 comments
> The cost of living surged by 5.1% in the 12 months to November, up from 4.2% the month before, and its highest level since September 2011.
Our highest was 8.5% in April 1991. I got a good feeling about next year, I think we can set new records if we don’t try.
Fake news. The prices are higher every year. This is a high of the annual inflation.
Interesting. RPI (the measure used in the old days) now at 7.1%.
Reckon wages will match it?
Ahahahahaha…
So anyway, reckon benefits (disability and uc) will match it?
Ahahahahahaha. Oh boy, what am I saying! 😭
We’ve [left the stable climate that supported agriculture](https://www.reuters.com/markets/commodities/killer-heatwaves-floods-climate-change-worsened-weather-extremes-2021-2021-12-13/), and [we’ve burned all the cheap and easy hydrocarbons](https://bylinetimes.com/2021/10/20/oil-system-collapsing-so-fast-it-may-derail-renewables-warn-french-government-scientists/).
These crises are interlinked, because the green revolution left agriculture hopelessly dependent on energy-intensive processes and inputs, and consumption of fossil fuels as feedstocks for those inputs.
Unless you understand this, you won’t understand why this is happening.
It’s going to get worse, and it’s going to get worse faster ever year, and much faster than you expect.
Buckle up.
I see its lorry drivers fault for getting a pay rise, that they so sorely needed. In 1994 when I started hgv driving, I got paid £20ph nights £16ph days. After 2003 when New Labour decided to allow 3 million Eastern European’s in. The wages went down to £12ph nights £10ph days. E.U lovers said it was just an unforseen accident but, MP’s wages still went up, ceo’s got bigger and bigger bonuses. The middle and upper class wages still went up but, the working and working poor’s classes went down. Also it wasn’t unforseen because, British E.U loving companies were going to Eastern European work agencies and telling them this is what we will pay you. And if British drivers complained they were told to find another job. So donnot blame the drivers blame, New Labour and the E.U for allowing it to happen.
Lovely. Unions best get their heads together then. Interlink the strikes.
It’s the interest rate setting meeting tomorrow. Going to be interesting to see if they bother reacting to this.
Stagflation.
Jesus, we are slap bang in the middle of the 70’s.
I feel a big social implosion coming up and I can’t fucking wait.
>Inflation is the rate at which prices are rising – if the cost of a £1 jar of jam rises by 5p, then jam inflation is 5%.
Sorry to be pedantic, but first they say inflation is the *rate* at which prices are rising.
Then they quote an *amount* by which a price has risen as an example of inflation?
That’s like saying if a car travels 5 miles its speed is 5 miles.