UK officially in DEEP trouble - (Financially).

just us eh?
moran

1/ @7% prices double every 10 years


if you have any debt it would behoove you to downsize

the marginal propensity to consume will erode as utilities costs and associated on costs of supply change disruptions will manifets as bottlenecks and shortages multiplied by magnitues
suggest john seymour "a handbook on self sufficiency'

Quantitative easing simply means to increase the M1 money supply which is notes in circulation
M2 Reserves are I think, govt bonds etc
M3 and M4 are deeper strategic assets, i think M3 is gold, not sure. Been a while.

However, if you increase the supply of money the demand for consumption increases, except in stagflation which is an explosive inflation of the gdp figures which annotate every on cost which accretes during the supply chain disruptions which magnify the issue profoundly

people have been lulled into low interest rates and dollar values erode as capital is ameliorated due to inflation.

Good point... However. Some of us here find it quite surprising just how bad the UK actually is.

If you used the same metrics of inflation used in the 80's. Inflation should realistically be around the 18%.

Which is actually worse than most other developed countries. Also the economic forecast for the UK is worse than some other developed countries.

But yes. Your right. The USD is imploding. Which is actually the reserve to the UK GBP... And ECB.

[link to www.wallstreetmojo.com (secure)]

Thank you. Appreciate that. Don't know how you do that. But really appreciated.

That is awesome.

Usually energy creates GDP for most countries. However. America's GDP usually comes from its real estate sector.

Saying that. The US. Once there interest rates on housing reaches 7%. Which we are close to an apex. The housing market will crash... Which will kind of make the economic situation worse overall in the US. Especially its GDP.

its easy

ya hit the ^ [youtube] button up there :look: and then paste your link, then hit the [youtube] button again

like this [youtube] https//youtube link [youtube]
hope it helps

That really helps. Hope your keeping things stable in Australia. I am aware that inflation is also affecting Australia too.

well, im thinking its a very odd time, luckily elections are near

lets hope for some manifest change
i better get cracking, go fill up my diesel while i can

oh well..

nice chatting..

Any advice for those in the UK at this time. And what they will be entering into from July onwards?

I feel sorry for anyone living in a country right now that does not have the right to bear arms. Things will be much tougher for them as the months go on, and the desperation of people reaches it's inevitable limit.

LOL! There will never be an "election" again!

I think it might be a kind of revolution actually. Because like how much can society take? I mean for example when enough people struggle for food. The people will get real upset. And not simply sit and do nothing.

Its very interesting as all this news that came out recently with inflation in the UK. Also had a news headline of more police powers for stop and search and to bring down knife crime. And also to give special police constables more powers to use tasers.

Its almost like the government is deliberately increasing its policing powers to keep the population under a certain control I suppose.

Behoove you say and then we have marginal propensity.

Feckin noice cobber, fecikn noice.

thanks bro...
i was taught economics by an ex pat usa spook, we used to think rex adams
he used "behoove"


eh...

thanx brah :hifive:

America is in far worse shape

Yeah theres plenty of other countries in the shit, but theres a difference.
Population density...

Sourcing as much firewood and as many water storage containers as poss here, together with going ott on food preservation, medicinal supplies and tools etc. I would cautiously say, that come the second week in September, the merde will smash into that fan big time.