Originally posted by DimPrawn
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Quick summary of what's happening with the economy
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Originally posted by BrilloPad View PostAs an aside - I find it incredible that inflation is **only** at just under 4%. food up 10% - but offset by falling cost of cars (who can afford one with petrol so high?) and DVDs and eating out.
Makes no sense.If you find this post offensive, please insert "Chan" before and "tho" after, then it should be OK.
Sometimes I almost feel just like a human being - Elvis CostelloComment
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Originally posted by Chantho View PostSo why is eating out cost falling when food etc. is up 10% or more ?
Makes no sense.Comment
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I am no expert - but will comment as if I know what I am talking about!Comment
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Originally posted by DimPrawn View PostYou are AtW and I claim my free bullet proof X5!
I knew I should have added "in true cuk tradition".Comment
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Originally posted by DimPrawn View PostOil is not going up because there is a shortage of oil, it is going up because it is priced in US $, and the US economy is bolluxed and their currency is becoming worthless.How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
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"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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Originally posted by Chantho View PostSo why is eating out cost falling when food etc. is up 10% or more ?
Makes no sense.
Take polenta, marketed as a delicacy. Genius! The Italian peasants and poor Africans who eat a similar dish would laugh their tits off at the London idiots who pay £10 a pop for it.Hard Brexit now!
#prayfornodealComment
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Originally posted by HairyArsedBloke View PostOil has been going up, even in non-dollar terms, because of the demand for it. This is partly to hold other classes of asset as an alternative to stocks and real-estate. It is also to build stocks for reserves and ahead of perceived further price rises. However, demand is not need. Actual consumption from India, China, etc has not gone up anything like as much to warrant these prices. The producers know that there isn’t the real need for the volume of oil that’s why they do not respond to idiots like Brown asking them to pump more. There is plenty of oil sitting in tankers in the gulf with nowhere to go. The problem is that it‘s heavy oil. What there is a shortage of is refining capability. It’s a problem that has been a long time in the making and will take even longer to fix.Comment
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Originally posted by sasguru View PostCoz some idiots who ate out in the boom have been stupid enough to pay the sky high margins restaurants have been getting away with.
Take polenta, marketed as a delicacy. Genius! The Italian peasants and poor Africans who eat a similar dish would laugh their tits off at the London idiots who pay £10 a pop for it.Comment
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Originally posted by sasguru View PostCoz some idiots who ate out in the boom have been stupid enough to pay the sky high margins restaurants have been getting away with.Comment
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