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
Re: Cost Of Living Crisis
Quote:
Originally Posted by
Organ Morgan.
I noticed last week a decline in pub punters' numbers, at least in those I attend
No comment
Re: Cost Of Living Crisis
Quote:
Originally Posted by
delmbox
No comment
Bloody hell, is that Judge Dredd walking towards the pub? Drink up quick!
Re: Cost Of Living Crisis
Quote:
Originally Posted by
delmbox
No comment
Contrary to what you may believe, when I socialise I don't ring a clanging bell while prophesying "the end is nigh."
I do however always have a mouth organ on my person. My repertoire is glumness personified. About the most optimistic tune I play is Nearer, My God, to Thee.
Re: Cost Of Living Crisis
Quote:
Originally Posted by
cyril evans awaydays
Bloody hell, is that Judge Dredd walking towards the pub? Drink up quick!
Less of your lip as well, boyo.
The landlord in one of the boozers has of late foregone a nice earner by making the excellent juke box free. I overheard his wife remark they are loathe to raise their alcohol prices even though they are paying circa 10% more than a few months back, and he groaned yesterday about the increased cost of heating and lighting the joint.
I popped into a Wetherspoon too and was surprised by their hike in prices. From what I could see there was a lot less on plates than there once was. That's known as shrinkflation.
At your advanced age you likely know much more about shrinkage than many of us.
Re: Cost Of Living Crisis
Quote:
Originally Posted by
Organ Morgan.
Less of your lip as well, boyo.
The landlord in one of the boozers has of late foregone a nice earner by making the excellent juke box free. I overheard his wife remark they are loathe to raise their alcohol prices even though they are paying circa 10% more than a few months back, and he groaned yesterday about the increased cost of heating and lighting the joint.
I popped into a Wetherspoon too and was surprised by their hike in prices. From what I could see there was a lot less on plates than there once was. That's known as shrinkflation.
At your advanced age you likely know much more about shrinkage than many of us.
I guess the free jukey playing Nearer, My God to Thee on a continuous loop did little to persuade the Landlord he is in the right game!
Re: Cost Of Living Crisis
I intended to ask whether you had observed clues to the impending collapse. They are becoming difficult to ignore. Fuel/energy inflation appears to be the means employed to bring the hammer down.
“The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater.” Frank Zappa.
Re: Cost Of Living Crisis
Quote:
Originally Posted by
Organ Morgan.
I intended to ask whether you had observed clues to the impending collapse. They are becoming difficult to ignore. Fuel/energy inflation appears to be the means employed to bring the hammer down.
“The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater.” Frank Zappa.
Was that the Frank Zappa that left a $40 million estate or some other anti-capitalist revolutionary?
Re: Cost Of Living Crisis
Historical fuel prices here ….. https://www.statista.com/statistics/...es-since-1976/
How come the government are blaming the increases we are seeing on the current crisis in Ukraine when it’s cheaper than it was in 2013?
Re: Cost Of Living Crisis
Quote:
Originally Posted by
Organ Morgan.
Less of your lip as well, boyo.
The landlord in one of the boozers has of late foregone a nice earner by making the excellent juke box free. I overheard his wife remark they are loathe to raise their alcohol prices even though they are paying circa 10% more than a few months back, and he groaned yesterday about the increased cost of heating and lighting the joint.
I popped into a Wetherspoon too and was surprised by their hike in prices. From what I could see there was a lot less on plates than there once was. That's known as shrinkflation.
At your advanced age you likely know much more about shrinkage than many of us.
Do you take advantage of Happy Hour?
Re: Cost Of Living Crisis
I expected deflection.
As mentioned in another post, on trips out for two days prior I noticed for the first time a marked drop in shoppers and people walking around shopping streets. I wouldn't say anyone looked suicidal, though I felt I sensed a growing feeling of despair. The virtual silence at times was quite eerie.
Re: Cost Of Living Crisis
Quote:
Originally Posted by
Taunton Blue Genie
Do you take advantage of Happy Hour?
I don't visit anywhere which has a happy hour. Well, I wouldn't, would I?
From perusing so many of your messages, your happiest when increasing your carbon footprint. Klaus and friends are in a hurry to price you out of doing so.
Re: Cost Of Living Crisis
Quote:
Originally Posted by
Organ Morgan.
I don't visit anywhere which has a happy hour. Well, I wouldn't, would I?
From perusing so many of your messages, your happiest when increasing your carbon footprint. Klaus and friends are in a hurry to price you out of doing so.
Well, you are right in one respect. I'm getting used to the idea that one particular pastime of mine is becoming highly stigmatised.....
Re: Cost Of Living Crisis
Quote:
Originally Posted by
Organ Morgan.
The most someone with £500 can lose is £500.
I remarked in another thread Turkey's annual inflation rate is 70%. Asif with a million lira tucked away has lost 700k of his wealth, while Ahmed who has 500 lira to his name has lost 350 lira of his. They both lost an identical percentage of their purchasing power but who do you think has the longest face?
so if someone loses everything they have, this isn't as bad as someone who only loses half of what they have.
got it.
Re: Cost Of Living Crisis
Quote:
Originally Posted by
DryCleaning
so if someone loses everything they have, this isn't as bad as someone who only loses half of what they have.
got it.
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.
Re: Cost Of Living Crisis
Quote:
Originally Posted by
Organ Morgan.
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.
Re: Cost Of Living Crisis
Quote:
Originally Posted by
Organ Morgan.
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.
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.
Re: Cost Of Living Crisis
Quote:
Originally Posted by
Organ Morgan.
" 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.
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.