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Post by Red Rackham on Oct 26, 2022 10:37:29 GMT
In spite of outraged lefties who insist it's all the nasty Tories fault, inflation has proved problematic worldwide in the wake of the Covid-19 pandemic, particularly since Russia invaded Ukraine. Inflation rates across Europe vary, with some performing better than the UK, some performing worse, and others are hovering around the same level. According to Statista’s harmonised index of consumer prices (HICP) inflation rate of the European Union (EU) for September 2022, the UK’s 10.1% is a tad better than the bloc’s average of 10.9%. metro.co.uk/2022/10/25/think-the-uks-inflation-is-bad-here-are-the-rates-in-europe-17623394/This will of course be upsetting news for Tory bashers. www.youtube.com/watch?v=z4uivPpzCGo
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Post by totheleft3 on Oct 26, 2022 11:00:38 GMT
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Post by Red Rackham on Oct 26, 2022 11:04:31 GMT
This sounds unlikely but I feel obliged to ask, TTL did you notice the OP? Inflation in the UK 10.1%. The average across the EU is 10.9%.
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Post by Steve on Oct 26, 2022 11:07:43 GMT
In spite of outraged lefties who insist it's all the nasty Tories fault, inflation has proved problematic worldwide in the wake of the Covid-19 pandemic, particularly since Russia invaded Ukraine. Inflation rates across Europe vary, with some performing better than the UK, some performing worse, and others are hovering around the same level. According to Statista’s harmonised index of consumer prices (HICP) inflation rate of the European Union (EU) for September 2022, the UK’s 10.1% is a tad better than the bloc’s average of 10.9%. metro.co.uk/2022/10/25/think-the-uks-inflation-is-bad-here-are-the-rates-in-europe-17623394/This will of course be upsetting news for Tory bashers. www.youtube.com/watch?v=z4uivPpzCGoSo you let the Metro play you. And woefully you didn't read the whole article because way down they buried this 'However, at the bottom of the scale, France sees the lowest inflation rate at 6.2%, with Malta’s 7.4% and Finland’s 8.4% just above.' With all the complicated government subsidising of energy etc right now comparing inflation rates is always going to be a bit fraught.
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Post by totheleft3 on Oct 26, 2022 11:14:55 GMT
Yea I did but like I said states in the Eu are more reable for Russian gas then Britain think Britain has 4% dependency on Russian Gas.
And else were ive pointed out Gas in the uk has been rising for 5yrs .
So what effect the Russian war has on Britain is at best minimum.
Lets not forget the inflation under this Tory Government is at a 40yr high .
Thats Much higher than the previous labour Government that had 2 wars and a worldwide financial Crash to contend with
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Post by Red Rackham on Oct 26, 2022 11:19:34 GMT
In spite of outraged lefties who insist it's all the nasty Tories fault, inflation has proved problematic worldwide in the wake of the Covid-19 pandemic, particularly since Russia invaded Ukraine. Inflation rates across Europe vary, with some performing better than the UK, some performing worse, and others are hovering around the same level. According to Statista’s harmonised index of consumer prices (HICP) inflation rate of the European Union (EU) for September 2022, the UK’s 10.1% is a tad better than the bloc’s average of 10.9%. metro.co.uk/2022/10/25/think-the-uks-inflation-is-bad-here-are-the-rates-in-europe-17623394/This will of course be upsetting news for Tory bashers. www.youtube.com/watch?v=z4uivPpzCGoSo you let the Metro play you. And woefully you didn't read the whole article because way down they buried this 'However, at the bottom of the scale, France sees the lowest inflation rate at 6.2%, with Malta’s 7.4% and Finland’s 8.4% just above.' With all the complicated government subsidising of energy etc right now comparing inflation rates is always going to be a bit fraught. Yes I read that, your point being?
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Post by B0ycey on Oct 26, 2022 11:31:25 GMT
Yea I did but like I said states in the Eu are more reable for Russian gas then Britain think Britain has 4% dependency on Russian Gas. And else were ive pointed out Gas in the uk has been rising for 5yrs . So what effect the Russian war has on Britain is at best minimum. Lets not forget the inflation under this Tory Government is at a 40yr high . Thats Much higher than the previous labour Government that had 2 wars and a worldwide financial Crash to contend with Everyone is buying the same gas now Lefty. Europe are in our market and we were addicted to short term contracts so naturally the price of gas has gone up here too. As for inflation, you'll find it is because Eastern Europe has cut themselves away from a huge market and Europe was addicted to cheap energy for why the EU average is above ours. It is also true that Europe have the same issues we have which is also true for the rest of the world I guess. But if we want to see inflation drop we should be pushing for dialogue in Ukraine and that is just a fact many seem oblivious of.
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Post by Pacifico on Oct 31, 2022 8:26:55 GMT
You don't have to worry about inflation, the ECB is on the ball...
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Post by jaydee on Oct 31, 2022 9:36:05 GMT
In spite of outraged lefties who insist it's all the nasty Tories fault, inflation has proved problematic worldwide in the wake of the Covid-19 pandemic, particularly since Russia invaded Ukraine. Inflation rates across Europe vary, with some performing better than the UK, some performing worse, and others are hovering around the same level. According to Statista’s harmonised index of consumer prices (HICP) inflation rate of the European Union (EU) for September 2022, the UK’s 10.1% is a tad better than the bloc’s average of 10.9%. metro.co.uk/2022/10/25/think-the-uks-inflation-is-bad-here-are-the-rates-in-europe-17623394/This will of course be upsetting news for Tory bashers. www.youtube.com/watch?v=z4uivPpzCGoThe inflation rate in the UK is totally man made in Westminster by the most useless bunch of wankers ever to call itself a government. What exactly are you cheering for. The UK relies only on 4% of energy from Russia. The EU relies heavily. And that could have been sourced from elsewhere by the UK. The UK’s stores hold enough gas to meet the demand of four to five winter days, or just 1% of Europe’s total available storage. The Netherlands has capacity more than nine times the UK’s, while Germany’s is 16 times the size. The Rough storage facility, owned by Centrica, the parent company of British Gas, provided 70% of the UK gas storage capacity for more than 30 years before it shut in 2017 following a government decision not to subsidise the maintenance and upgrades needed to keep the site going. And like covid. Despite having a exercise to find out what was needed. The total wankers in power failed to re act. Not to mention It was a matter of months after the closure of the Rough site that the UK’s energy operator, National Grid, issued a formal warning that the country did not have enough gas to meet demand during the freezing “beast from the east” storm which battered the UK in March 2018. Any problem is squarely and firmly at the door with Number 10 on it. Nothing to do with Covid. Or Russia. Japan 3% - Australia - 7% - S. Korea - 6% New Zealand 7% Norway - 6.9% And covid was dealt with By Quantative Easing, which was added to the already £800 billion created by the BofE that this bunch of wankers have left for your grandkids grandkids grandkids to pay off. Of course this will not be delightful news, but ignored by apologists. If you have not worked out yet that Brexit is a disaster you are really are beyond repair. Pre Brexit.. The UK economy was 90% of Germany. It is now 70% and the UK reliant by 80% on servicing and banking. That is not trade. As the wankers rant about deals that were already in place. And as you whoop in joy and delirious that some Johnny Foreigners inflation rates are higher than the UK. Caused by external not man made factors. The worse their economy becomes the worse the UK becomes. Trade only accounts for 20% of the UK economy. New car sales have by 30% since the end of transition. . Not to mention the UK has no schedule of concession to do trade deals with the WTO. It is a small insignificant minnow in a sea of sharks. As you are finding out. But not registering. Indeed the exact opposite, in total denial. As you keep blaming imaginary enemies. Lefties, Teachers, Doctors, Trade Union who look after nurses. Now the enemy of the state. Who will they fill your head with next. Unmarried mothers. Long while since they were to blame for all the ails of England. All that is happening is down down to righties. End off. You better hope Sunak does not upset the EU. And they finally stop passporting. It came close under that homophobic serial lying clown Johnston. And why Danger Mouse JRM and Redwood moved their loot to the EU. This is how they make there money. As you swallow their fanny hook line and sinker. www.politicshome.com/news/article/jacob-reesmogg-defends-own-firm-after-it-moved-to-dublin-amid-hard-brexit-fearswww.businessinsider.com/brexiteer-john-redwood-tells-investors-to-pull-money-out-of-the-uk-2017-11?r=US&IR=T
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Post by dodgydave on Nov 1, 2022 2:13:14 GMT
In spite of outraged lefties who insist it's all the nasty Tories fault, inflation has proved problematic worldwide in the wake of the Covid-19 pandemic, particularly since Russia invaded Ukraine. Inflation rates across Europe vary, with some performing better than the UK, some performing worse, and others are hovering around the same level. According to Statista’s harmonised index of consumer prices (HICP) inflation rate of the European Union (EU) for September 2022, the UK’s 10.1% is a tad better than the bloc’s average of 10.9%. metro.co.uk/2022/10/25/think-the-uks-inflation-is-bad-here-are-the-rates-in-europe-17623394/This will of course be upsetting news for Tory bashers. www.youtube.com/watch?v=z4uivPpzCGoThe inflation rate in the UK is totally man made in Westminster by the most useless bunch of wankers ever to call itself a government. Hahahahahahahahahahahaha. There isn't a single economist in the world that would agree with you. The inflation started when the world shut down for COVID, creating massive shortages of nearly everything. Short supply = higher prices. This inflation was made worse when the Far East ramped up production as they came out of the COVID lockdowns. This meant they need more energy, which drove up global gas and oil prices. Higher energy prices = higher manufacturing and transport costs = higher prices. Putin saw this inflation spike and decided it was the perfect time to invade Ukraine as he had much of Europe hostage to Russian gas and oil. However, he underestimated The Wests willingness to bankrupt themselves (and Russia) by funding Ukraine's war effort. This has led to a rush on non-Russian gas, which has led to more price inflation. Short supply = higher prices. Finally, inflation can be hard to compare between countries because they have different reporting periods and different ways of measuring it. eg country A might report 5% on the 1st, country B might report 6% on the 15th... so who is doing better? From the 15th to the 1st it might look like A, from the 1st to the 14th it would be B.
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Post by totheleft3 on Nov 1, 2022 3:50:55 GMT
Lets get this right inflation in Britain is at a 40 year high . The highest since the wonderful Thatcher years. Lets compair inflation to the new labour year's what was a lot lower and they had 2 wars and a worldwide financial crisis
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Post by Toreador on Nov 1, 2022 6:38:20 GMT
Lets get this right inflation in Britain is at a 40 year high . The highest since the wonderful Thatcher years. Lets compair inflation to the new labour year's what was a lot lower and they had 2 wars and a worldwide financial crisis The inflation of the early eighties was already under way before Thatcher was elected.....and if you think I'm defending Thatcher or the Tories then think again.
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Post by jaydee on Nov 1, 2022 8:29:44 GMT
The inflation rate in the UK is totally man made in Westminster by the most useless bunch of wankers ever to call itself a government. Hahahahahahahahahahahaha. There isn't a single economist in the world that would agree with you. The inflation started when the world shut down for COVID, creating massive shortages of nearly everything. Short supply = higher prices. This inflation was made worse when the Far East ramped up production as they came out of the COVID lockdowns. This meant they need more energy, which drove up global gas and oil prices. Higher energy prices = higher manufacturing and transport costs = higher prices. Putin saw this inflation spike and decided it was the perfect time to invade Ukraine as he had much of Europe hostage to Russian gas and oil. However, he underestimated The Wests willingness to bankrupt themselves (and Russia) by funding Ukraine's war effort. This has led to a rush on non-Russian gas, which has led to more price inflation. Short supply = higher prices. Finally, inflation can be hard to compare between countries because they have different reporting periods and different ways of measuring it. eg country A might report 5% on the 1st, country B might report 6% on the 15th... so who is doing better? From the 15th to the 1st it might look like A, from the 1st to the 14th it would be B. Inflation was paid for by QE. The UK is only 4% reliant on energy from Russia. . And it was the economist who supplied the info. A decade on from the global financial crisis, the British economy faces increased risk of renewed recession. Alongside weak domestic growth, global economic growth is at its weakest since the crisis and the risk of a no-deal Brexit remains high. So stop ranting garbage. as a apologist for a bunch of clueless wankers who call themselves a government. You will be telling me next the mini budget was brilliant and had nothing to to do with the state of affairs and a 100% U turn. As the government are now admitting their policy over the last 12 years was wrong. And the reason why it is in such a state. And inflation is not hard to understand. It was man made in Westminster. You missed out anti English. Your level of understanding. Ho Ho Ho www.newstatesman.com/chart-of-the-day/2022/05/how-uk-gdp-per-capita-became-sick-man-europe-againwww.theneweuropean.co.uk/jonty-bloom-on-brexit-economy-and-the-sick-man-of-europe/
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Post by dodgydave on Nov 2, 2022 1:52:38 GMT
Hahahahahahahahahahahaha. There isn't a single economist in the world that would agree with you. The inflation started when the world shut down for COVID, creating massive shortages of nearly everything. Short supply = higher prices. This inflation was made worse when the Far East ramped up production as they came out of the COVID lockdowns. This meant they need more energy, which drove up global gas and oil prices. Higher energy prices = higher manufacturing and transport costs = higher prices. Putin saw this inflation spike and decided it was the perfect time to invade Ukraine as he had much of Europe hostage to Russian gas and oil. However, he underestimated The Wests willingness to bankrupt themselves (and Russia) by funding Ukraine's war effort. This has led to a rush on non-Russian gas, which has led to more price inflation. Short supply = higher prices. Finally, inflation can be hard to compare between countries because they have different reporting periods and different ways of measuring it. eg country A might report 5% on the 1st, country B might report 6% on the 15th... so who is doing better? From the 15th to the 1st it might look like A, from the 1st to the 14th it would be B. Inflation was paid for by QE. The UK is only 4% reliant on energy from Russia. . And it was the economist who supplied the info. A decade on from the global financial crisis, the British economy faces increased risk of renewed recession. Alongside weak domestic growth, global economic growth is at its weakest since the crisis and the risk of a no-deal Brexit remains high. So stop ranting garbage. as a apologist for a bunch of clueless wankers who call themselves a government. You will be telling me next the mini budget was brilliant and had nothing to to do with the state of affairs and a 100% U turn. As the government are now admitting their policy over the last 12 years was wrong. And the reason why it is in such a state. And inflation is not hard to understand. It was man made in Westminster. You missed out anti English. Your level of understanding. Ho Ho Ho www.newstatesman.com/chart-of-the-day/2022/05/how-uk-gdp-per-capita-became-sick-man-europe-againwww.theneweuropean.co.uk/jonty-bloom-on-brexit-economy-and-the-sick-man-of-europe/ I'm not an apologist for anybody. You are just engaging on another anti-English fantasy. Look at the rest of the world you numpty. Inflation is happening all over the world. Did the Tories cause inflation in the US? lol. Inflation rates have doubled in 37 of 44 advanced economies over the past two years, according to Pew Research Center analysis.You are also wrong with your point about 4% from Russia. What about the 50% we buy in? Does your biased mind not understand that the rest of the world is chasing that supply too, so driving up the price for the UK? Have your biased ears not heard about global manufacturing shortages? lol
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Post by dodgydave on Nov 2, 2022 2:04:48 GMT
Lets get this right inflation in Britain is at a 40 year high . The highest since the wonderful Thatcher years. Lets compair inflation to the new labour year's what was a lot lower and they had 2 wars and a worldwide financial crisis When I'm thinking about criticizing governments, rather than looking back decades, I look to what is going on in the rest of the world. Your attempt to compare now to what New Labour faced is very silly. For a start we hadn't even paid off ANY of the debt New Labour left us with. So, it is the one trillion debt financial crisis debt + Brexit + COVID + war with a fucking superpower! Not only are we experiencing high inflation, but so are much of the world: Inflation rates have doubled in 37 of 44 advanced economies over the past two years, according to Pew Research Center analysis.
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