Nothing to do with the influx of illegal immigrants coming across the Channel and our manufacturing jobs going to India and China where they are building dozens of coal fired power stations........
"Bail In" v "Bail Out"
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We have fewer refugees than other European nations.
Other European nations also import manufactured goods.
Only the dUK committed an act of deliberate self-harm.
Not according to my friends on VK especially the German folk, they decommissioned their nuclear power stations recently and the following day the cost of electricity went through the roof, they are now importing from France which is on top of them recommissioning their coal fired power stations which they had mothballed, the Globalist Puppets in WEFminster thought it better to demolish ours..
Which of my three statements do you claim is not true?
Not one of them mentions nuclear power.
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Yet profits, not wages and salaries, are the main culprit here. Globally, those companies producing essentials have been doing enormously well from soaring prices. The record profits of the fossil fuel companies are notorious. But research by the union Unite has shown that the profits of the four largest agribusinesses globally, less well-known names like Cargill and ADM, rose 255% from 2019 to 2021.
Those soaring prices have then been fed down the supply chain into domestic profiteering. The big three UK supermarkets – Asda, Tesco, and Sainsbury – doubled their profits over the same time period. The eight largest UK food manufacturers saw their profits rise 21%. Economists Isabella Weber and Evan Wasner have spelled out the mechanism at work in a new paper, showing how shortages can give producers the power to push through price increases.
James [email protected]
The centre of economic gravity is gradually shifting from west to east.
It is something people will have to get used to.
American abuse of the dollar as a global reserve currency has caused other countries to look for an alternative to the dollar.
It won't happen overnight but the direction of travel is clear.
It is something people will have to get used to.
American abuse of the dollar as a global reserve currency has caused other countries to look for an alternative to the dollar.
It won't happen overnight but the direction of travel is clear.
Hasn't Sainsbury's posted a record loss in profits.
?? debt can be counted back to the inauguration of the Bank of England about 300 and a bit years ago. It is lower now than it has been for more than 50% of that time frame - due to wars; Napoleonic, WW1 and WW2. But war debts take for ever to reduce so they hang around for years and years. I suppose the next massive increase will be due to WW3?
Who owns the Bank of England ?
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The government.
Jezus fekkin Christ. The Empire folded decades ago, you daft old dinasaur.
D
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Yes, but this time, nobody has any intention of reducing it.
We also have a limitless health service, limitless welfare state and are allowing limitless numbers of people into the country, and we have limitless money printing.
There's no limits!
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The BOE is being a c unt.
Inflation is caused either by demand pull - ie there is more demand than producers can supply so they raise prices or there is cost push, we import inflation through rising raw material prices or our exchange rate falls.
So how have immigrants caused excessive demand?
So if our manufacturing jobs have gone abroad then we are importing these goods - now tell me whats happened to Uk Sterling exchange rate after Brexit?
Do you even think before you post or just spew s hit you read on Daily Mail?
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The only thing limitless is your stupidity.
I can't tell whether you are on a wind up or believe the crap you post.
If something is limitless - then why do we have a limited number of hospital beds? If welfare is limitless why are there rates of Universal Credit?
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