RE: RE: GLEN14 Jun 2022 21:46
Certainly have Billy, and agree its not pleasent at all, but quite a good cushion still left i think at that price. Personally, my view is that the world governments are intentionally trying to keep inflation up as high as they can to inflate away the covid debts they stacked us up with. I think once they realise that the populations wont be able to stand much more of it so they will ease off a bit and allow the figure to stay higher, but tolerable to most for as long as they can.
Out on the streets, and with everybody i know, things havent really changed much in reality, the roads and shops are just as busy as ever, building hasnt slowed here one bit, so i do think there is the element of media 'hype and sensationalism' being played to as well. Nothing gets in the way of a nice disaster story.
I always think back to all the 'OMG' big polls and stories of late, such as Corbyn in, Brexit referendum, House price crashes, 3m EU residents when it was 6m, etc etc and think just how wrong all those sorts of opinions/polls were in reality.
Some will suffer, its always the way, but im not sure the effects will be as big as thought, Governments like to be 'popular' and want to keep sucking on the gravy train, so theynneed it to keep chugging.