Cost Of Living Crisis

[Tito Fuente]

Re: Cost Of Living Crisis

I gave a very simple example which you either could not comprehend or chose to misrepresent.

350 Turkish lira is less than twenty quid, while 700k of the same currency is around 33 thousand pounds.

Factor in how long it would take to earn those two sums and the timeframe to accumulate their original wealth. When you have you might be able to conclude just why Asif would have a face down to his arse, as Ahmed yawns and shrugs about his loss.

Absolutely no context given to what jobs these people have in order to gauge how long it would take to accumulate wealth.

Considering one of them has the equivalent of £20 to their name and the other has over £30k in savings, I'm guessing one of them is going to struggle to recoup their losses more than the other*




*It's not the one who has £30k in savings.

[Feedback]

Re: Cost Of Living Crisis

I gave a very simple example which you either could not comprehend or chose to misrepresent.

350 Turkish lira is less than twenty quid, while 700k of the same currency is around 33 thousand pounds.

Factor in how long it would take to earn those two sums and the timeframe to accumulate their original wealth. When you have you might be able to conclude just why Asif would have a face down to his arse, as Ahmed yawns and shrugs about his loss.

I neither have the time, or the crayons, to explain why your thinking is muddled.

[Organ Morgan.]

Re: Cost Of Living Crisis

It's not a difficult concept. Guess how long it would likely take to acquire a million versus 500 then the time it would take, perhaps using hours worked, to be able to rebuild that lost wealth.

[A Quiet Monkfish]

Re: Cost Of Living Crisis

Mention of fish and chip shops being among the first to go belly up. It's begun.

Lancashire chippy once named in UK's top 10 closes down as costs continue to surge - https://www.lancs.live/news/cost-of-...d-uks-24166490

" The reason for the closure has not been disclosed".

The 1st thing any business will do in face of increased costs is pass those costs onto their customers. If they lose too much business as a result, they'll probably close, but unless these owners have some sort of altruistic reason for not increasing prices, then they have closed for other reasons.

[Organ Morgan.]

Re: Cost Of Living Crisis

Looking at the carnage in stock markets today I think we may have entered a new stage of the collapse. Bitcoin hit an all-time high of $68k last November, today it's at $23k having bombed 12% during the past 24 hours.

[lardy]

Re: Cost Of Living Crisis

Looking at the carnage in stock markets today I think we may have entered a new stage of the collapse. Bitcoin hit an all-time high of $68k last November, today it's at $23k having bombed 12% during the past 24 hours.

Bitcoin isn't the stock market.

FTSE today, down 1.5%. Down 2.8% over the last month. Down 0.3% over the last 6 months.

It's a bear market. This is nothing compared to march 2020.

Not good, but also hardly the end of civilisation.

[Organ Morgan.]

Re: Cost Of Living Crisis

Today's action portend breathtaking events. You've been given the SP - between now and the end of next month - for when things go tits up. Russia-Ukraine has become old hat, fewer and fewer people buy it's the real cause of them having to pay more for everything. Perhaps China attacking Taiwan or Israel versus Iran is the next scripted event.

The latter would provide the perfect pretext to close the Strait of Hormuz and send the oil price skyward. The mammoth Israeli Chariots of Fire military drill provides a clue that that scenario comes next.

[MOZZER2]

Re: Cost Of Living Crisis

In the last 2 hours news has broken that Libya has shut down almost all oil production and Ukraine has banned the export of anthracite, coal, fuel oil and domestically produced natural gas.

Looks like we're in trouble !

[Taunton Blue Genie]

Re: Cost Of Living Crisis

Today's action portend breathtaking events. You've been given the SP - between now and the end of next month - for when things go tits up. Russia-Ukraine has become old hat, fewer and fewer people buy it's the real cause of them having to pay more for everything. Perhaps China attacking Taiwan or Israel versus Iran is the next scripted event.

The latter would provide the perfect pretext to close the Strait of Hormuz and send the oil price skyward. The mammoth Israeli Chariots of Fire military drill provides a clue that that scenario comes next.

Having attended inter-governmental meetings quite a few times I do find it amusing that they are all supposedly working together in an overarching conspiracy when some of them refuse to talk to each other, sit next to each other or, in some cases, not even be in the same room at the same time.

[Eric Cartman]

Re: Cost Of Living Crisis

Bitcoin isn't the stock market.

FTSE today, down 1.5%. Down 2.8% over the last month. Down 0.3% over the last 6 months.

It's a bear market. This is nothing compared to march 2020.

Not good, but also hardly the end of civilisation.

Bitcoin falling like a stone is a general sign that investors are de-risking. But it is also the most manipulated asset/market in the history of planet earth too so it's hard to use it as a guide to anything.

[life on mars]

Re: Cost Of Living Crisis

Today's action portend breathtaking events. You've been given the SP - between now and the end of next month - for when things go tits up. Russia-Ukraine has become old hat, fewer and fewer people buy it's the real cause of them having to pay more for everything. Perhaps China attacking Taiwan or Israel versus Iran is the next scripted event.

The latter would provide the perfect pretext to close the Strait of Hormuz and send the oil price skyward. The mammoth Israeli Chariots of Fire military drill provides a clue that that scenario comes next.

Is Betfred putting odds put there yet ??

I fancy a convincing Israel win after extra time, and China to progress to the nuclear stage after a replay where Joe bottles it .

[delmbox]

Re: Cost Of Living Crisis

In the last 2 hours news has broken that Libya has shut down almost all oil production and Ukraine has banned the export of anthracite, coal, fuel oil and domestically produced natural gas.

Looks like we're in trouble !

If us being in trouble you’re weirdly happy about it, I just cannot get my head around you internet crisis fanboys

[life on mars]

Re: Cost Of Living Crisis

Bitcoin isn't the stock market.

FTSE today, down 1.5%. Down 2.8% over the last month. Down 0.3% over the last 6 months.

It's a bear market. This is nothing compared to march 2020.

Not good, but also hardly the end of civilisation.

Bloody Boris FFS who voted for this fella any decent politician could and should easily navigate in thier sleep , Brexit , Pandemic , War in Ukraine global recession , Fuel price spike ..

No wonder he had a glass or two .

Bet he's miffed he didn't get any Arsenal free tickets like Sir Kier cost of living is hurting everyone even Kier .

[Wales-Bales]

Re: Cost Of Living Crisis

In the last 2 hours news has broken that Libya has shut down almost all oil production and Ukraine has banned the export of anthracite, coal, fuel oil and domestically produced natural gas.

Looks like we're in trouble !

Nah, Lardy said it's all good, and Lardy is always right.

PS Get your money out of the bank now!

[Wales-Bales]

Re: Cost Of Living Crisis

If us being in trouble you’re weirdly happy about it, I just cannot get my head around you internet crisis fanboys

It's people like you who allowed it to happen, i.e. the clueless majority who take pleasure in ridiculing those who have been sounding the alarm bells for quite some time now.