RE: Guess the date of the 5-10p range.6 Jul 2022 11:19
Because our governments have now realised, but cannot admit in public, that they did not foresee that the sanctions will have quite the opposite effect in that they would hurt the US and the EU the most. Things are going to get worse if the sanctions are not removed.
You have not seen the effects of inflation running away yet - there is usually a time lag of about a year and a half when people will start to feel the full effects of high inflation which, by the way, is significantly higher than what the public are being told. Watch the defaults rising on mortgages when the base rates are increased to try and tackle inflation. The is no room left to print any more paper money - we are all going to be poorer indeed. The middle UK have been squeezed on the tax burden and can't be squeezed any more. The rich are ever busy engaging in tax planning and pay the lowest amount of tax.