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by Boo_Randy
The root cause of all problems comes from fiat dollars, created out of thin air and backed by debt.
Over 115,000 postal workers down tools in nationwide strike
BREAKING: Protests break out in London this evening outside the headquarters of the energy regulator against the 80% rise in energy prices from October.
The average annual household bill is expected to reach £3,549 (€4,180) 🚨
🔊sound pic.twitter.com/jIatU785x1
— Wall Street Silver (@WallStreetSilv) August 27, 2022
Half cows, entire pigs: Families are buying meat in bulk to save money
It was the $200 weekly grocery bills that finally did him in. With three young kids and soaring meat costs, Logan Wagoner decided it was time to go whole hog.
This spring, the St. Louis attorney bought half a cow and an entire pig — plus a freezer that now holds 320 pounds of bacon, sausages, rib-eye steaks, ground beef and soup bones in his basement.
“My kids eat a lot of hot dogs, and the prices just got to be too much,” said Wagoner, 36. “Finally we said, ‘This is wild. What else can we do?’”
via TheGuardian:
Calculations made for the Guardian based on Ofgem and ONS figures are ‘truly terrifying’
Some of Britain’s poorest families will see as much as 47% of their entire household budget swallowed up by energy costs this autumn, figures produced for the Guardian show.
The calculations were done by investment platform Interactive Investor on Friday morning, moments after the new energy price cap announcement, and are based on figures from Ofgem and Office for National Statistics (ONS) family spending data.
BOHICA time, UK sheeple. You elected stooges of the oligarchy; now you’re getting what you voted for, good & hard. Suffer, Bitchez!
Millions of British households have been warned to brace for double digit inflation to last until winter next year – as energy bills are set to rocket a staggering 80% in October in the biggest crunch to living standards the country has faced since the 1950s.
Economists have said that Consumer Price Index (CPI) inflation – the UK Government’s official measure of the rate of rising prices – could remain above 10% for the next year and more. Already spiralling costs are set to surge even if Bank of England chiefs hike interest rates, Bank of America economist Robert Wood has forecast.
How’s that vote for Brandon working out for ya, low-income/low-IQ voters? If broke-ass ‘Muricans can’t pay their utility bills, how are they going to pay for soaring rents or stay current on their auto loans? Looks like we’re gonna need a bigger printer.
As European governments struggle to contain the fallout of soaring energy costs to their citizens, the U.S. may also be facing a brewing crisis with an estimated 20 million households struggling to pay their utility bills.
Representing one in six households, the eye-popping number comes from a study at the National Energy Assistance Directors Association (Neada) that was highlighted in a Bloomberg report earlier this week. The total amount in arrears amounted to $16 billion in June, just under the highest number so far this year — $16.5 billion in March.
Drug cartels in Guerrero – one of Mexico’s poorest states – are forcing merchants to lower the price of tortillas, a staple of the Mexican diet, as food prices soar.
Cartel de la Sierra Interferes In Tortilla Market, Mandates Low Prices In Iguala, Guerrero
The Cartel de la Sierra has made several attempts to regulate the market for tortillas over the last two years in Iguala, Guerrero. Most recently, last week, they announced through a barrage of narco messages posted around the city that they are lowering the price of tortillas in order to help out local consumers.
With company tariffs uncapped, some businesses are facing a price increase of more than 350%
Thousands of small businesses across the country are facing the possibility of closure, as energy bills have risen to levels that many owners are finding difficult to pay.
Unlike for residential homes, company energy tariffs are not capped, leaving some business owners facing an increase in bills of more than 350%.
We talk to three small traders about how they are dealing with the sharp rise in energy prices – and their hopes for keeping their business going over winter.
The price of electricity in France has reached 1,075 euros per megawatt hour. By comparison, between 2010 and 2020 the average price per MWh was 45 euros …
People in Scotland burning their electricity bills…..
💪💪💪— Bas Houtman (@HoutmanBas) August 28, 2022
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Image and article originally from www.investmentwatchblog.com. Read the original article here.