Originally Posted by North Cardiff Blue Have you ever heard of Covid? Are there Torries in America? https://www.bbc.co.uk/news/business-61804877 US makes biggest interest rate rise in almost 30 years Are the Torries in Europe ? https://www.bbc.co.uk/news/business-62240730 Eurozone raises interest rates for first time in 11 years You can't shut the World down for two years and expect everything to be hunky dory! The common theme is right wing economics.
Originally Posted by Doucas The common theme is right wing economics. It's a Worldwide problem of high inflation caused by locking the World down for two years, global supply issues, and of couse the war in Ukraine and the high energy costs, it's a tough time but we've been through a lot worse.
https://thinkplutus.com/uk-interest-rate-history/
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