Post
Topic
Board Economics
Re: Food prices doubled this year
by
Quidat
on 19/11/2020, 22:35:37 UTC

Prices are rising both in Ukraine and in Russia.  Simultaneously with the rise in prices and the fall in incomes, the expenses of people are also reduced.  This is a consequence of the Covid-19 pandemic. 

People do not travel, do not go to visit, do not dine in cafes and restaurants. 

Worst of all, most people will no longer be able to return to their old way of life when the pandemic is over.  Their real incomes have plummeted.  The middle class has been destroyed all over the planet.  Most people are poor now.

If there are still people who are drowning in the extravagance of going on trips, eating in restaurants, and visiting other countries today it is people who are too rich or ignorant people. During this pandemic, we all have to keep on saving, so that our savings are not drained due to increased burdens but reduced income. Prioritize needs over desires now, so that in the future you will not experience shock due to financial problems.
One of the reality on where there are people who are rich which can really sustain up themselves even on this pandemic and thats one of the truth and
even if you do say that its just dumb to spend up then theres nothing you can do since its their money after all.Theres always some rich people
who can afford to do things amidsts of this pandemic but for us average earners then its just unwise to make up unnecessary spendings
and rather focus it out on saving it up for future purposes if you dont like to have some headaches later on on how to survive.