Right now things are starting to get a bit scary with not only how bad inflation has gotten, but also how bad supply chain issues are continuing to get. The pandemic has caused a huge mess, and I'm curious how bad you guys see things getting and if it's as bad in your country as it is here in the United States.
First, how bad is inflation in your country..what % is it currently at? (Here in the U.S. it's between 4-6% on average. Many items have inflated much more such as seafood being around 20-30%)
Second, are you seeing supply chain issues in your country and how bad is it? (For example my favorite toilet paper has not been produced for well over a year now. Recently my two favorite bags of chips have become unavailable from both supply chain issues and factories focusing on other items, putting them ahead of my FAVORITE damn chips lol).
Great topic and I think what's worse is the fact that the insane crisis was there way before the pandemic began. I came across an article and couldn't believe it, but then reached out to a friend who has an IT company in the heart of San Francisco, and what I am going to post does not even only apply to those living right in the center. Check this article headline out from CNBC:
"In San Francisco, households earning $117,000 qualify as ‘low income’"
That is quite insane to say the least and my friend said that this is not just a relative figure because there are so many rich people, it is just the fact that you pay 5k per months for a shoe box as your apartment.
Now during the pandemic even many people from the middle class ended up living in tents on the streets in SF well known for those masses of homeless.
That's painful.