Current Economic Problems

[the other bob wilson]

UK inflation hits 10.1 per cent this morning.

[JamesWales]

UK inflation hits 10.1 per cent this morning.

Yep, the only good element is that the monthly increase was the slowest for 6 months, suggesting we are at or nearing the peak.
https://tradingeconomics.com/united-...ation-rate-mom

And also that petrol prices are finally falling and should continue to do so.

On the other hand, UK (and European) wholesale gas prices have absolutely rocketed in the last weeks
https://tradingeconomics.com/commodity/uk-natural-gas

This is going to be a very difficult winter on our continent.

[Taunton Blue Genie]

Yep, the only good element is that the monthly increase was the slowest for 6 months, suggesting we are at or nearing the peak.
https://tradingeconomics.com/united-...ation-rate-mom

And also that petrol prices are finally falling and should continue to do so.

On the other hand, UK (and European) wholesale gas prices have absolutely rocketed in the last weeks
https://tradingeconomics.com/commodity/uk-natural-gas

This is going to be a very difficult winter on our continent.

Sounds a bit Shakesperean.

[HiVis]

listening to R4 this am, the big topic was inflation being > 10%. The general consensus amongst economists that the driving factors were post Covid demand being far greater than supply (fuel, energy, food) and that the war in Ukraine has not helped.

There were differing opinions on whether raising interest rates further would help or not, given the main drivers of inflation are external factors.

[JamesWales]

Sounds a bit Shakesperean.

Thanks. I've been called the Willy of this board before.

[TWGL1]

listening to R4 this am, the big topic was inflation being > 10%. The general consensus amongst economists that the driving factors were post Covid demand being far greater than supply (fuel, energy, food) and that the war in Ukraine has not helped.

There were differing opinions on whether raising interest rates further would help or not, given the main drivers of inflation are external factors.

How much money has the UK government given to Ukraine so far , I’m sure some of this money could have been allocated elsewhere.

On a separate note how much weaponry worth billions was left in Afghanistan which could have been reallocated to Europe?

Makes no sense to me.

[Wales-Bales]

UK inflation hits 10.1 per cent this morning.

Organ was right about that one.

[Wales-Bales]

How much money has the UK government given to Ukraine so far , I’m sure some of this money could have been allocated elsewhere.

On a separate note how much weaponry worth billions was left in Afghanistan which could have been reallocated to Europe?

Makes no sense to me.

Into somebody's back pocket?

[HiVis]

How much money has the UK government given to Ukraine so far , I’m sure some of this money could have been allocated elsewhere.

On a separate note how much weaponry worth billions was left in Afghanistan which could have been reallocated to Europe?

Makes no sense to me.

Correct me if I am wrong but it does appear you'd rather Putin and his cronies be allowed to run amok in Ukraine instead of the UK directly assisting? Do Chamberlain and appeasement mean nothing to you?

Why do you think the UK government borrowing to fund Ukraine's arms impacts inflation? Inflation is based on the rise in prices of a basket of goods, and it may surprise you to find that the NLAW doesn't feature in your typical everyday basket for most of us.

[Taunton Blue Genie]

Thanks. I've been called the Willy of this board before.

That's a very bard joke.

[Wales-Bales]

That's a very bard joke.

It's a small problem.

[life on mars]

I'd say it's more corruption and greed on a massive scale. Other countries aren't suffering as much as us.

Read the world news , you may see a bigger picture developing

[life on mars]

How much money has the UK government given to Ukraine so far , I’m sure some of this money could have been allocated elsewhere.

On a separate note how much weaponry worth billions was left in Afghanistan which could have been reallocated to Europe?

Makes no sense to me.

Its more about the nature of the USA departure and advanced communication to the UK , I'm sure a lot of stuff was sabotaged and to be fair was given to the Afgan government to use and defend it self ,they rolled over the rest is history , all departing armies leave behind weaponry ,some of it may well be over 16 years old :


From CNN

Approximately $7 billion of military equipment the US transferred to the Afghan government over the course of 16 years was left behind in Afghanistan after the US completed its withdrawal from the country in August, according to a congressionally mandated report from the US Department of Defense viewed by CNN.

[TWGL1]

Correct me if I am wrong but it does appear you'd rather Putin and his cronies be allowed to run amok in Ukraine instead of the UK directly assisting? Do Chamberlain and appeasement mean nothing to you?

Why do you think the UK government borrowing to fund Ukraine's arms impacts inflation? Inflation is based on the rise in prices of a basket of goods, and it may surprise you to find that the NLAW doesn't feature in your typical everyday basket for most of us.

Firstly, I’ve no opinion on a proxy war that’s been going on for 8/9 years and if I did , I’d like to see both sides of the argument reported in the UK media. This may assist with the sheep mentally of the general public.

I am not sure what inflation has got to do with the UK plundering billions into weaponry , I was hoping this money may have been allocated elsewhere within the Uk in places such as youth centres , homeless, schools etc , and I’m aware how inflation works believe it or not more-so as my wife is an accountant.

Hope that helps

[Taunton Blue Genie]

Firstly, I’ve no opinion on a proxy war that’s been going on for 8/9 years and if I did , I’d like to see both sides of the argument reported in the UK media. This may assist with the sheep mentally of the general public.

I am not sure what inflation has got to do with the UK plundering billions into weaponry , I was hoping this money may have been allocated elsewhere within the Uk in places such as youth centres , homeless, schools etc , and I’m aware how inflation works believe it or not more-so as my wife is an accountant.

Hope that helps

Plundering means to take out and not put in.

[Wales-Bales]

Plundering means to take out and not put in.

The money has been taken out of the UK economy, and then utilised elsewhere.

[TWGL1]

Plundering means to take out and not put in.

Yes it does, Sir William Shakespeare

[A Quiet Monkfish]

Intrinsically linked to lockdown policy ?

https://dailysceptic.org/2022/08/14/...ckdown-policy/

If you have 10 minutes, take a look at this. It's absolutely nothing to do with party politics so hopefully won't lead to yet another bickering thread.

https://www.youtube.com/watch?v=dIpLwiaQRRk

[Wales-Bales]

If you have 10 minutes, take a look at this. It's absolutely nothing to do with party politics so hopefully won't lead to yet another bickering thread.

https://www.youtube.com/watch?v=dIpLwiaQRRk

All covered in the Great Reset thread, and yes, there is lot's of bickering and outright denial, probably due to Bill Gates and the WEF being heroes to many on here

[Gofer Blue]

If you have 10 minutes, take a look at this. It's absolutely nothing to do with party politics so hopefully won't lead to yet another bickering thread.

https://www.youtube.com/watch?v=dIpLwiaQRRk

Great stuff. Definitely has that "let's sharpen up the pitchforks" rebelliousness about it! Vive la révolution!

[Wales-Bales]

If you have 10 minutes, take a look at this. It's absolutely nothing to do with party politics so hopefully won't lead to yet another bickering thread.

https://www.youtube.com/watch?v=dIpLwiaQRRk

Give this short video a watch if you still have the ability to think critically.

Dr Malhotra on calling for vaccine data transparency: 'The information has evolved considerably'

[JamesWales]

That's a very bard joke.

A comedy of errors if you will..

[the other bob wilson]

Give this short video a watch if you still have the ability to think critically.

Dr Malhotra on calling for vaccine data transparency: 'The information has evolved considerably'

Two posters who were rubbishing the seriousness of Covid in early 2020 only to be proved hopelessly wrong in a manner which made one of them disappear from the board for ages to lick his wounds post links to videos with one of them said to have nothing to do with party politics. Both of the gents concerned are no fans of the BBC which I presume they feel is not the bastion of neutrality that it used to be.

Yet, the channels their links come from have a clear political agenda which both videos fuel.

I’ve watched a few of he Ross Noble lookalikes videos before and I find him unconvincing as he seems to flit between things that have you thinking”fair point” and mad conspiracy stuff.

Dr Malhotra is a different matter though, I found him to be convincing and knowledgeable and I could believe what he was saying which, f I understood him correctly, was that a lot of they early claims made regarding the capabilities of the vaccine have been proved to be wrong.

Should we be surprised by this though? Surely not. The first vaccines appeared almost a year to the day since stories about a possibly deadly new virus began emerging from Wuhan, how could anyone claim with total authority that a vaccine manufactured and tested in such a short time would be completely safe?

My attitude when I was booked in for my first vaccine was that there were certainly risks involved in having it, but the risks presented by a new variant of Covid which was more deadly than the original were greater. Now, surprise, surprise, it’s emerging that the vaccines aren’t what they were originally claimed to be and, for me at least, this is a completely predictable development which is being seized upon those who were originally Covid sceptics and are now desperate to cling on to any scraps which they see as a vindication for their views.

As I’ve mentioned before, all you need to do is go back to the Covid thread on here which was started in March 2020 and look at the contributions from some of the usual suspects to be reminded of how completely and utterly wrong they were at the time.

[Wales-Bales]

Dr Malhotra is a different matter though, I found him to be convincing and knowledgeable and I could believe what he was saying which, if I understood him correctly, was that a lot of they early claims made regarding the capabilities of the vaccine have been proved to be wrong.

Given these new developments, why isn't Dr Malhotra appearing on the BBC or having his articles selected for publication in the Guardian? I'd suggest he chose to appear on GB News because they are the only news outlet willing to air the uncomfortable truth.

[Wales-Bales]

As I’ve mentioned before, all you need to do is go back to the Covid thread on here which was started in March 2020 and look at the contributions from some of the usual suspects to be reminded of how completely and utterly wrong they were at the time.

This actually sounds like a good idea