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Post by David on Aug 17, 2022 4:16:40 GMT
How is the cost of living going in your country?
Here in the UK it is diabolical!
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Post by David on Aug 17, 2022 4:26:42 GMT
Fortunately, I watch the pennies in that I am quite frugal
when it comes to spending, ther than essentials
and therefore have built up some.savings.
However the cost of almost everything in recent tmes is quickly eroding same.
Are you in a smilar position...
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Post by David on Aug 25, 2022 3:47:59 GMT
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Post by David on Aug 25, 2022 3:51:34 GMT
72% of disabled households plunged into debt by cost-of-living crisis – poll
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Post by David on Sept 6, 2022 0:46:02 GMT
We now have a new prime minister here in the UK
and it s widely publiced she Will cap the amount
individuals will pay for their household energy.
A bit of good news for families whoare feeling the crunch...
along with soaring food prices.
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Post by David on Sept 6, 2022 0:49:16 GMT
Our current inflation rate (UK wise) is plus ten percent.
What is it, (if you know), i in our country?
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Post by walterchang on Sept 6, 2022 2:50:03 GMT
I heard of the inflation all over the world in recent years.
Some Chinese economists says people in China could buy houses or some rare metal to overcome the inflation.
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Post by David on Sept 6, 2022 4:18:34 GMT
I have just seen this article...
Gas prices soar and pound and euro fall as Russia shuts Nord Stream pipeline European countries scramble to store as much gas as possible before winter as they brace for shortages...
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Post by David on Sept 6, 2022 4:23:34 GMT
I heard of the inflation all over the world in recent years. Some Chinese economists says people in China could buy houses or some rare metal to overcome the inflation. I think you are right Walter, for Property and Gold are generally seen as inflation proof , unkike the value of money# which goes up nd down, in world/global markets. |
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Post by walterchang on Sept 8, 2022 13:12:06 GMT
I belong to working class and I am not affected by the inflation greatly.
I think the inflation affects Europe and America a lot.
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Post by David on Sept 10, 2022 1:19:22 GMT
Walter,You are right in what you say here.
the cost of energy and food being
the main reason.
I think China is more self sufficient
and therefore more protected than
Europe and the US to name a few
of the many that are affected world wide.
And the war in Ukraine does not help
the situation!
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Post by walterchang on Sept 16, 2022 5:35:14 GMT
If the world wide pandemic will be over in 1-2years, and the world economy can recover then and the inflation caused by the pandemic will be over too.
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Post by David on Sept 22, 2022 16:35:12 GMT
If the world wide pandemic will be over in 1-2years, and the world economy can recover then and the inflation caused by the pandemic will be over too. That sounds logical to me also... Good thinking Walter. |
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Post by chelle on Sept 23, 2022 2:18:08 GMT
Food is very high. The gasoline went down a little bit so that helps. Our dollar stores just went up to $1.25 per item. No longer a bargain. Everything in the stores is much higher.
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Post by walterchang on Sept 23, 2022 8:16:10 GMT
The rate of unemployment in China is higher than that it was in 2019.
Actually, every nation is the victim of the Pandemic.
The world economy is in a depression and if the Pandemic will be over in 1-2 years, the world economy will recover.
I get a wage cut because the Pandemic.
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