Inflation: the enemy which Rishi Sunak pledged to “face down” by the top of yr – seems to be going nowhere quick, in response to information launched at present, risking development within the UK financial system and sparking fears of recession.
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8.7% within the yr to Could – no change from April’s determine – represents extra ache for struggling households.
And with the Financial institution of England anticipated to hike borrowing prices once more tomorrow to try to curb inflation, there are warnings mortgage holders might be dealing with a fair bleaker outlook.
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I have come to the conclusion that when one door closes if you look around properly you’ll see a bigger and better door wide open, I got laid off at work, I felt devastated but due to my predicament and desperation I got introduced to a financial expert by the name Robert Andrew and working with him has been one of the best financial decisions I have made
O, they are not hopeful for a recession. They are deliberately engineering one. Just like they did in 2008. The poorer they can make ordinary people the more there is for them. Never see a poor banker.
Billions are spent to Ukraine, while the nations people are suffering from the dire consequences of the inflation courtesy of the FED, ECB, BoE. They printed this insane amount of money, poured into the corporate world, and now ordinary people are paying the price, while the criminal banksters and MPs are running free, on top of that they promote that wage increases have to be stopped. Supporting Ukrainian refugees, financing the war, while their own citizens are not supported at all.
Anyone else is tired of the fact that if the US sneezes the entire world gets AIDS? If the US creates a "soft landing" everyone else falls into recession / stagflation? If US promotes democracy dozens of nations will crumble as a direct consequence of the democracy export a.k.a. bomb these countries into oblivion, especially if they are not voting for cheap raw resource export.
This is sadistic pain inflicted on a select few by these bastards.
Oh this time, NO EU MEMBRRSHIP TO BAIL US OUT THIS TIME THANK FARAGE & BAWJAWS
There not fit for purpose sack all politicians and start again
the most effective way to get the economy back on track is to stop the utility companys ie gas electric water company from charging standing charges this will stop greedy companys charging an unfair tax on good people its not neccery and its out of date they earn enoug money besides charging standing charges.
Some economists have projected that both the U.S and parts of Europe could slip into a recession for a portion of 2023. A global recession, define as a contraction in annual global per capita income, is more rare because china and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.
Banks have to crash the ecomy to make their system work !
Think Brexit was a big mistake. Too many lies where told in the build up to the referendum. Think the economy would be much stronger in we stayed in????
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
This fuc**ing sunak are you hear that your country is burning in economy
At the very least, I now grasp the concept of leverage.
Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.
The greater the automated income you can build, the freer you will become. Taking the first step is the hardest, but 5 houses later living off automated income since July 6, 2016. You’ve got to start taking steps to achieve your goal.
English pride from 🇺🇸 🫡🇺🇸🏴
I want to diversify my portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions, how do I achieve this?
Britan leaders betrayed British people by giving jobs to people with fake profiles who also include foreign country intelligence. Now using recession they will get rid of foreign country presence in their country and get back peaceful life. Which is good. All these intelligence people in IT administration and recruitment are headache to normal people. I have suffered 11 years because of them. If propaganda is right then they have to suffer 11 years of nomadic life without any money in hand, poor family relations and headaches and choitic family life.
US inflation is way above the official 2-3 % it’s just smoke and mirrors 🌟😀
🤩Thank goodness you brought this up! Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently, I earn as much as 10 grand weekly and this has improved my financial life. Great piece!
We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
Its well known the remain elite are trying to bring around a purposeful recession, look it up.
Economic investigator Frank G Melbourne Australia is still watching this very informative content cheers Frank
The big inflation game….
There was no oil or gas reserves in this country to curb the creeping inflationary fuel cost increases that the so called shortage caused……
?????????????????????????
What government wouldn't keep an eye on fuel production and reserves….
But really the uk was never dependant on Russian and Ukrainian gas and oil…
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
The final nail in the coffin middle east prepare for bankruptcy empty shops out of gas oil
The uk is doomed it has all the ingredients for a hyper inflatable and economic collapse worse than Europe massive its here
If I were to endure this economic downturn, I require immediate support. The ETF and stock markets, like the real estate market, remain extremely volatile. I'm currently debating whether to liquidate my $300,000 stock holdings.
Hoping? It's the only hope. This country is a mess.
There are to many people on the planet chasing to few resources , the world markets are Heading for the crapper despite rousing cheers UK gdp went up by 0,02 % . In truth there are No restrictions on immigrants . World war 3 is brewing in the middle East via the west Supporting the Jews genocide of the Palistinians ,War in Ukrain the second Jewish state
Cosst of these wars crippling western economies , The cost to the American public appx $2500 per head ,cost to UK public unknown as the government wont release the figures .
Systems are starting to crash ,there are Swiss banks like Credit Suisse that folded ,There Are other banks in special measures . There are problems with energy supply for the UK ,Inflation , companies going broke ,NHS is in the crapper .councils are going or gone broke
Getting an appointment at the doctors /dentists , School placement ,housing all in the Crapper . gov desperate to go cashless so they can get their hands on the publics money .
Ulenz covering the country when everyone is forced to own an EV or a Euro 5/6 vehicle Khan goes broke or starts charging per mile .
The 1971 song by the Who [ dont get fooled again ] is starting to ring true . there is no left or Right in politics there is just get the money and dont upset the corporations .
UK public getting slid doen the road into a Mad Max dystopian world akin to that 70s film
Soylent green & this is happening all around you !
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
Why does it feel like the UK economy died in 2008
I beg to differ on the prices coming down here in the states. I can assure you that grocery prices have not come down, if anything, they are still rising along with everything else. In my opinion, the solution is to start drilling for more oil and gas, stop bankrolling this nonsense in Ukraine and begin voting for fiscal conservatives. The most important improvement is to remove festering Joe and his clown 🤡 circus 🎪 that is running the world's most important economy into the ground.
It's hard to predict the future until we see this month’s inflation results. However, historical data consistently show that stocks tend to outperform bonds in the long term. Therefore, I'm staying in the market and focusing on selecting high-quality stocks. The challenge lies in identifying these stocks.