Reply With QuoteThey are screwed, but that won't stop some people wanting to re-join. For the record, we are also screwed, but we potentially have a slightly easier way out.Originally Posted by life on mars
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Eurozone economy FT
Eurozone inflation hits record high of 10.7%
NOVEMBER 1, 2022
They are screwed, but that won't stop some people wanting to re-join. For the record, we are also screwed, but we potentially have a slightly easier way out.
What pisses me off most about the Tories is the way they shape shift. In this instance, morphing from Tory scum into lizard form and then taking the bodies of lovely innocent European leaders and ruining their economies before shapeshifting again and coming back here to kill more babies or whatever.
It makes it all the more important we remain vigilant against these Tories
Oh it's LOM weekly 'look, look over there!' thread
You can set your watch by it can’t you.
Yes but but but what about?
Difference is the UK has had 12 years of austerity meaning the economy is in a sorry state thus inflation is more damaging. But go ahead, compare apples and oranges and pat yourself on the back.
It's true, there are always multiple factors in comparing countries, but that doesn't mean it's not useful to do so.
I'm not sure there's any truth that [continental] european countries aren't struggling any less than us though, nor that they haven't also had a prolonged period of austerity - in some cases far worse and legally enforced by the ECB no less.
The reason that people point to other countries is because it helps better understand what is happening. If we have inflation and some people blame an internal factor for that (the UK govt) they need to explain why pretty much every other country is experiencing the same. Either every govt is equally incompetent (possible) or the issue was not caused by any single govt in the first place (more likely).
It's like trying to cure a rash on your arm and trying to treat your arm, whilst also ignoring the rash on your leg, your stomach, your face and back. That additional information doesn't take away from the arm rash, but it better informs us that the cause (and thus the fix) probably does not lie within the arm itself.
The New World Order crowd doesn't need a nuclear incident to trigger economic collapse, all's required is for them to ensure oil becomes increasingly unaffordable in order to raise the cost of everything to send most of us to the poorhouse thanks to inflation.
And my sources tell me providing we dodge a calamity between today and next Tuesday the intent is to send the price of black gold vertical to double current pump prices by this year's end.
Biden's been busy draining the USA's strategic reserves for some months and become embroiled in a spat with Saudi Arabia which appears to be wholly contrived.
From memory, 47% of the petrol/diesel price in the UK is Fuel Duty and VAT. The government would come under pressure to reduce its take, but even if it relented to drop its share by half we could soon be looking at £12 per gallon for petrol and more for diesel.
Take this one example:
Numerous protests in Spain and a Foreign office travel warning issues in recent days (strange why some protests make the news and others don't eh!?)
https://www.manchestereveningnews.co...spain-25387295
Spain has suffered high inflation like us. Currently has a centre-left government (The PSOE, equivalent of Labour Party) who are trailing the main centre-right party in the polls for next years election.
That's why people make the argument to look at Europe, because the same things are happening there broadly irrespective of who is in power.
UK govt deserves some criticisim of course, but to pin everything on them, as many want to do is just false. It's essentially misinformation.
Thanks for the heads up.
So probable calamity by Tuesday. If not petrol at £3.30 a litre by New Years Day! Got it.
Strikes accross Europe as well now sorry to burst the bubble of those who think we're in some form of third world country, to fit their narrow narrative.. bet all of the have better pensions , old age support, mortgage free than some of our European compatriots..
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