Post
Topic
Board Economics
Re: The Taste of an Economic Downturn
by
molsewid
on 09/01/2023, 16:22:25 UTC
I wonder how ordinary people around the world felt the worsening economic situation in their respective countries. I know that although many are very much aware of the soaring inflation, nothing has changed much in their day to day lives. I can observe that in some families. They seem oblivious of how the prices of basic goods and services are rising in double digits.

From my household, however, we can literally taste the economic downturn. It feels odd and sad that we have to sacrifice taste in order to somehow cushion the impact of the economic problems my country is facing. Onion here is already hitting $12.57 a kilo. Depending on the size, that's about $0.63 apiece. Cooking an ordinary dish for a small family requires a bulb or two. During this holiday season especially, we normally need tens of onions. That's not affordable anymore. So we had to greatly reduce the use of onions and try not to care about how the dish would turn out. On ordinary days, onions are even removed from the ingredients.

I had to share this here because it feels like the economic situation has already affected the most basic need of everybody. It seems insignificant because it's only a spice, but I thought that if the economic situation is already affecting everybody's taste buds, it could mean things are getting pretty serious.

I wonder, especially in other countries, how drastic is the change in your daily life that's brought about by this economic downturn?
I feel you, we're in the same country I think. I'm currently employed in a company that pays good but then things happen, inflation really hits me. Right now, I need to find other jobs, having this full time job is not enough for me, I'm a breadwinner and the price of the goods in here is too much for me, I need to do more budgeting so I can feed my family. Healthy foods are more expensive in here, many people took advantage on it they hoard and sell it to higher prices. It is really painful to have this kind of inflation.