Economic collapse is accelerating; prepare to vomit with fear

[A Quiet Monkfish]

Re: Economic collapse is accelerating; prepare to vomit with fear

the once proud German manufacturing economy taking a hammering over the last 24 hours

125 years after foundation: German construction company Wolff Hoch- und Ingenieurbau insolvent

130 years after foundation: German confectionery manufacturer Bodeta insolvent.

156 years after foundation: German automotive supplier Borgers insolvent

170 years after foundation: German soap maker Kappus insolvent.

not looking good is it .................

It's difficult to summarize what's happening across global economies in a few succinct phrases, but here goes : Before, but mostly since 2008 western economies have been running on hot air. An illusion of relative prosperity built upon very little substance. Zero interest rates, close to zero inflation, governments have - not £billions - but £trillions of debt which not only cannot be reduced but were costing the UK £83 billion pa - before the latest 'crisis'. Even folk that don't buy into this must by now get a sense that something rather grim is developing around us..

[Organ Morgan.]

Re: Economic collapse is accelerating; prepare to vomit with fear

Germany remains the fave to be the first EU economy to implode, in addition to freezing their knackers off, before winter 2022-2023 is over. Hell, it may go tits up before winter starts at this rate and their Turkish population will decamp to the Calais shoreline with dinghies in hand. Although, Truss and her WEF'ers seem determined to make Blighty an undesirable bolthole.

125 years after foundation: German construction company Wolff Hoch and Ingenieurbau insolvent. 130 years after foundation: German confectionery manufacturer Bodeta insolvent. 156 years after foundation: German automotive supplier Borgers insolvent. 170 years after foundation: German soap maker Kappus insolvent.

"They're not insolvent then, they just stop producing," the German minister of economics and member of the Green Party, Robert Habeck, said in September. (He sounds dumb enough to be a member of the British cabinet.)

170 Years After Foundation: German Soap Maker Kappus Insolvent - https://www.latestly.com/socially/wo...v-4349067.html

125 years after foundingConstruction company Wolff Hoch- und Ingenieurbau is insolvent - https://www.focus.de/finanzen/news/1...166201536.html

130 years after it was founded: German confectionery manufacturer files for bankruptcy - https://gettotext.com/130-years-afte...or-bankruptcy/

[Organ Morgan.]

Re: Economic collapse is accelerating; prepare to vomit with fear

Here comes ze bugz.

Major UK Supermarket Chain Planning To Sell Bugs As Food To Help Poor People Through Winter

The Daily Mail reports that Aldi is considering stocking ‘edible’ bugs and providing recipe kits for parents to prepare worms and crickets for their hungry children.

Potential products in the range include ‘sustainable’ cricket burgers, as well as ‘nuggets’ and ‘mince’.

More: https://www.zerohedge.com/geopolitic...through-winter

Major UK Supermarket Chain Planning To Sell Bugs As Food To Help Poor People Through Winter https://t.co/wntaz85sO3

— zerohedge (@zerohedge) October 21, 2022

UN Food Director Warns of 'Hell on Earth' Food Shortages 2023
Source: Bloomberg Quicktakehttps://t.co/6RuRPOSTvJ pic.twitter.com/LtoNx1EPWr

— Wittgenstein (@backtolife_2023) October 21, 2022

[Organ Morgan.]

Re: Economic collapse is accelerating; prepare to vomit with fear

Cost of a cup of tea rising as food prices jump.

- The cost of making a cup of tea went up significantly as food prices continued to rise at record rates in October, a retail trade body has said.

Costs for tea bags, milk and sugar all rose as food price inflation jumped from 10.6% last month to 11.6%, according to the British Retail Consortium.

The hike in shop prices was partly due to higher costs for ingredients and energy.

Worker shortages also pushed up prices.

The war in Ukraine has seen energy and food prices around the world increase. The conflict has disrupted supplies from both Russia and Ukraine, which are major exporters of goods such as sunflower oil, wheat, and fertiliser. -

More: https://www.bbc.com/news/business-63474304

What is the UK inflation rate and why is the cost of living rising?

- The cost of energy is a key reason why things are getting more expensive.

Oil and gas prices increased because they were in greater demand as life got back to normal after Covid. At the same time, the war in Ukraine meant less was available from Russia, putting further pressure on prices.

The war in Ukraine also led to food prices going up, by reducing the amount of grain available.

The price of food and non-alcoholic drinks rose by 14.6% in the year to September, reaching its highest level since April 1980. -

More: https://www.bbc.com/news/business-12196322

[MOZZER2]

Re: Economic collapse is accelerating; prepare to vomit with fear

more of the same this week

France's glass manufacturer Duralex suspends operation for 5 months due to surging electricity bills.

"Our bill (for gas and electricity) has gone from 3 to 13 million euros per year, or 46% of our turnover," the CEO of Duralex said.

Eurozone manufacturing falls to lowest level since early 2020


Turkey's annual inflation rate rose to 85.5% in October, the highest in 25 years.

U.S. Federal Reserve hikes rates by 0.75% to 4.00% — the highest level since January 2008.

[Wales-Bales]

Re: Economic collapse is accelerating; prepare to vomit with fear

more of the same this week

France's glass manufacturer Duralex suspends operation for 5 months due to surging electricity bills.

"Our bill (for gas and electricity) has gone from 3 to 13 million euros per year, or 46% of our turnover," the CEO of Duralex said.

Eurozone manufacturing falls to lowest level since early 2020


Turkey's annual inflation rate rose to 85.5% in October, the highest in 25 years.

U.S. Federal Reserve hikes rates by 0.75% to 4.00% — the highest level since January 2008.

Where is Cyril to inform us that nothing is happening? I miss Cyril!

[MOZZER2]

Re: Economic collapse is accelerating; prepare to vomit with fear

Where is Cyril to inform us that nothing is happening? I miss Cyril!

i,m sure we'll cross paths again soon especially with the mid terms next week

[Organ Morgan.]

Re: Economic collapse is accelerating; prepare to vomit with fear

Where is Cyril to inform us that nothing is happening? I miss Cyril!

Cyril 'sponsored by Pfizer' Evans is likely engaged at other forums telling the uppity that clots, myocarditis, rapidly developing cancers and neurological disorders galore are the result of climate change, coffee drinking, cold showers, excessive gardening activities and anything else he can dream up.

[cyril evans awaydays]

Re: Economic collapse is accelerating; prepare to vomit with fear

i,m sure we'll cross paths again soon especially with the mid terms next week

Why, have the Vatican lights gone out again and Navy Seals have already impounded German servers without me being informed?

[Wales-Bales]

Re: Economic collapse is accelerating; prepare to vomit with fear

Cyril 'sponsored by Pfizer' Evans is likely engaged at other forums telling the uppity that clots, myocarditis, rapidly developing cancers and neurological disorders galore are the result of climate change, coffee drinking, cold showers, excessive gardening activities and anything else he can dream up.

He is also an economic collapse denier.

[cyril evans awaydays]

Re: Economic collapse is accelerating; prepare to vomit with fear

He is also an economic collapse denier.

Absolutely!

Anyone with a pulse can recognise an economic downturn. It takes a special talent to predict an economic collapse though!

Let us know when the economic "collapse" will happen. My guess is that we might find out this bombshell in two weeks. Then again it could be longer given the length of time we have waited for your predictions on swamp clearance, Clinton paedo rings, the Storm, Durham rounding up Obama's cabal and the impending doom resulting from Chinese aircraft carriers sailing into the Med to materialise.

[Wales-Bales]

Re: Economic collapse is accelerating; prepare to vomit with fear

Absolutely!

Anyone with a pulse can recognise an economic downturn. It takes a special talent to predict an economic collapse though!

Let us know when the economic "collapse" will happen. My guess is that we might find out this bombshell in two weeks. Then again it could be longer given the length of time we have waited for your predictions on swamp clearance, Clinton paedo rings, the Storm, Durham rounding up Obama's cabal and the impending doom resulting from Chinese aircraft carriers sailing into the Med to materialise.

You forgot Russia collusion & Hunter's laptop.

[Packerman]

Re: Economic collapse is accelerating; prepare to vomit with fear

Absolutely!

Anyone with a pulse can recognise an economic downturn. It takes a special talent to predict an economic collapse though!

Let us know when the economic "collapse" will happen. My guess is that we might find out this bombshell in two weeks. Then again it could be longer given the length of time we have waited for your predictions on swamp clearance, Clinton paedo rings, the Storm, Durham rounding up Obama's cabal and the impending doom resulting from Chinese aircraft carriers sailing into the Med to materialise.

you've been missed mate gluey still trumpets his one minor victory ad infinitum whilst swerving everything else, so nothing changed in your absence really

[Wales-Bales]

Re: Economic collapse is accelerating; prepare to vomit with fear

you've been missed mate gluey still trumpets his one minor victory ad infinitum whilst swerving everything else, so nothing changed in your absence really

Not all conspiracy theories escape from the propaganda machine.

[MOZZER2]

Re: Economic collapse is accelerating; prepare to vomit with fear

Amazon plans to lay off approximately 10,000 people as soon as this week, the NYT reports

this is on top of the mass lay offs involving twitter and Facebook employees last week