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Cost of living
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 Stirlingsays  20 Sep 22 7.38am |
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Originally posted by dreamwaverider
Why would it be? I think it's a question of how steep the decline is. I certainly agree, that decisions taken have accelerated the fall into the debt black hole.....which many saw as unpayable back after 2008. I've certainly been a critic of our elites and their choices for quite a few years but what can I say.....I have no desire to be proven correct.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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PalazioVecchio  south pole 20 Sep 22 11.31am |
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the rampant uncontrolled printing of Fiat money is what has crucified you. The Elites printing for the last number of decades. Its Not the War in Ukraine.
Kayla did Anfield & Old Trafford |
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| Returner 21 Sep 22 5.56pm |
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Originally posted by PalazioVecchio
the rampant uncontrolled printing of Fiat money is what has crucified you. The Elites printing for the last number of decades. Its Not the War in Ukraine. I recommend anyone read "The Creature from Jekyll Island" if they want to understand the underpinnings of our financial system. In my experience it's certainly sobered up some people.
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| dreamwaverider London 22 Sep 22 2.38am |
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Liz Truss is behaving to my worst fears. Dishing out hundreds of billions of government cash to soften the blow of a major economic crisis. The perfect storm. Has she not got a clue? Very dangerous actions.
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cryrst  The garden of England 22 Sep 22 6.11am |
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Originally posted by dreamwaverider
Liz Truss is behaving to my worst fears. Dishing out hundreds of billions of government cash to soften the blow of a major economic crisis. The perfect storm. Has she not got a clue? Very dangerous actions. Just an extension of the benefits system manipulated to be a way of life for so many.
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Forest Hillbilly  in a hidey-hole 22 Sep 22 8.25pm |
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Greedy Capitalist b'stads. Energy and fuel prices through the roof. companies earning mega-bucks for 'investors'. Food prices ridiculously high. These are essentials for living, so why are they profit-driven ? Competition was meant to reduce prices, but all the 'competition' are acting as a giant cartel. Fracking now has the green-light, so makes you wonder which politicians have just bought shares in fracking companies ? People's standard of living / life quality is being noticeably reduced. It's Covid, Brexit, Ukraine, Queen dying,... Can't anyone fix this 5hlt ? or doesn't anyone give a 5hlt any more ?
I disengage, I turn the page. |
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Henry of Peckham  Eton Mess 23 Sep 22 9.16am |
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Originally posted by Forest Hillbilly
Greedy Capitalist b'stads. Energy and fuel prices through the roof. companies earning mega-bucks for 'investors'. Food prices ridiculously high. These are essentials for living, so why are they profit-driven ? Competition was meant to reduce prices, but all the 'competition' are acting as a giant cartel. Fracking now has the green-light, so makes you wonder which politicians have just bought shares in fracking companies ? People's standard of living / life quality is being noticeably reduced. It's Covid, Brexit, Ukraine, Queen dying,... Can't anyone fix this 5hlt ? or doesn't anyone give a 5hlt any more ? Pandemics, brexit, wars, and the end of royal dynasties are major events that usually bring about longer term solutions. Everything else is the result of short-term politics that evolves around the repetitive 5 year cycle of governments. Maybe we need to start considering everything in the longer-term?
Denial is not just a river in Egypt |
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| Forest Hillbilly in a hidey-hole 24 Sep 22 7.25pm |
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Heinz Salad Cream cost me £3 for a plastic squirter of the stuff. I know Heinz has some cost problems at the moment with the big supermarkets, but even the cheaper brands are now pushing their prices up. £25 for a Stanley knife, Jewsons were going to charge me. Never mind, at least the bankers can sleep a bit easier with their bonuses uncapped and the rich can rest soundly with an income tax cut. And supermarkets are ripping people of for petrol. What a fcking surprise. "Supermarkets are being undercut by independent garages in Wales as drivers hunt for cheaper fuel, research has suggested. The RAC found independent garages have become the cheapest places to buy fuel in parts of the country." (BBC website)
I disengage, I turn the page. |
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HKOwen  Hong Kong 25 Sep 22 7.29am |
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Originally posted by Forest Hillbilly
Heinz Salad Cream cost me £3 for a plastic squirter of the stuff. I know Heinz has some cost problems at the moment with the big supermarkets, but even the cheaper brands are now pushing their prices up. £25 for a Stanley knife, Jewsons were going to charge me. Never mind, at least the bankers can sleep a bit easier with their bonuses uncapped and the rich can rest soundly with an income tax cut. And supermarkets are ripping people of for petrol. What a fcking surprise. "Supermarkets are being undercut by independent garages in Wales as drivers hunt for cheaper fuel, research has suggested. The RAC found independent garages have become the cheapest places to buy fuel in parts of the country." (BBC website) You do realise that banker's bonuses is a complete red herring. When bonuses were capped in the EU the remuneration package just changed so salaries increased. We need more people earning huge salaries not less to generate more tax revenue. Why are high earning bankers treated like baby eaters yet others such as footballers are not
Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance. |
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| cryrst The garden of England 25 Sep 22 8.34am |
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Originally posted by HKOwen
You do realise that banker's bonuses is a complete red herring. When bonuses were capped in the EU the remuneration package just changed so salaries increased. We need more people earning huge salaries not less to generate more tax revenue. Why are high earning bankers treated like baby eaters yet others such as footballers are not Very true and some high earners will pay more tax and NI in a couple of years than many do in a life time but will be happy to be net takers within 10 years of retirement!
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| Badger11 Beckenham 25 Sep 22 9.51am |
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Originally posted by HKOwen
You do realise that banker's bonuses is a complete red herring. When bonuses were capped in the EU the remuneration package just changed so salaries increased. We need more people earning huge salaries not less to generate more tax revenue. Why are high earning bankers treated like baby eaters yet others such as footballers are not Bankers bonus is just a red herring it's catnip for politicians rather like them commenting on football. The real reason we had a crisis in 2008 was due to poor regulation regarding banks balance sheets and who was responsible for regulating the banks err that would be the politicians. The other reason especially in the US was that congress forced the banks to lend money to poor people who couldn't afford to pay it back. So saddled with this debt the banks bundled it up and offloaded to other mugs. Compensation should be left between the board and the shareholders regulation should protect the taxpayer.
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| Dubai Eagle 25 Sep 22 11.37am |
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Originally posted by Badger11
Bankers bonus is just a red herring it's catnip for politicians rather like them commenting on football. The real reason we had a crisis in 2008 was due to poor regulation regarding banks balance sheets and who was responsible for regulating the banks err that would be the politicians. The other reason especially in the US was that congress forced the banks to lend money to poor people who couldn't afford to pay it back. So saddled with this debt the banks bundled it up and offloaded to other mugs. Compensation should be left between the board and the shareholders regulation should protect the taxpayer.
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