"It's Putin's fault that we are making so much money. Blame him. Not my fault I had to turn my indoor swimming pool into a Scrooge McDuck style money diving vault, leave me alone!"
BP sees biggest profit in 14 years as energy bills soarhttps://www.bbc.co.uk/news/business-62382624Set to go up another 77% for UK homes in October. They estimate peak winter months will be on average £500 per month. I don’t understand how the average family will afford it. I’ve never known a time like this. Diesel is £1.90 per litre, inflation is out of control. How the US Gov can say we are not in a recession I do not know. It’s more likely to become a great depression.
Luckily mostly thanks to being early in bitcoin I will always be fine but I am annoyed at the current world situation.
Indeed.
Interest rates are to be raised by another 0.5% tomorrow. Inflation will hit 15-17% later this year / early next year. There isn't an interest rate hike large enough that could ever deal with that, unless you want everyone on the streets intentionally. I bet the next genius move will be the 100 year mortgage, to be paid off by your children, like in Japan. They already removed mortgage checks that were introduced after the last economic downturn.
How anyone on minimum wage can afford a place to live, heating and food in this upcoming winter, I truly don't understand.
And to top it off, after the one big clown imbecile in charge of this country finally got removed, it is in fact a race between his biggest criminal culprits, the previous chancellor of the exchequer and the foreign secretary who will take over.
Un-fucking-believable!
You’re a smart dude, you know what you’re talking about. It’s the lesser of two evils isn’t it, I don’t trust Sunak or Liz Truss as far as I can throw them. I’ve actually never voted in my life & I’m entering my late 30’s. Bitcoin was perfect for me in a way, I’m ungovernable & very anti-establishment.
I really don’t want to see any more financial ruin heaped on people but if those bastards in power make it any worse I will be ready to buy MOAR bitcoin from weak hands with everything I have.