It’s just a bit of a kick in the bollocks when the wealth has to trickle down, but the poverty somehow has to trickle up. And neither are trickling very fast.
No disagreement from me there. Frankly, we’re lucky it wasn’t bad enough to kick off a real depression. A worldwide depression right now would be a very, very different place. Idk how we’d begin to climb out without war, and wouldn’t ya know it there’s a few good global Cassus Belli floating around.
It’s ugly though, for sure. Inshallah, the worst bits are over and we come out ahead. Sounds like you’re UK(?)/Aus, but I hope worker pay is rising there the way it is here in the US.
To be fair, this is the entire reason for raising interest rates.
I mean, you’re not wrong.
It’s just a bit of a kick in the bollocks when the wealth has to trickle down, but the poverty somehow has to trickle up. And neither are trickling very fast.
No disagreement from me there. Frankly, we’re lucky it wasn’t bad enough to kick off a real depression. A worldwide depression right now would be a very, very different place. Idk how we’d begin to climb out without war, and wouldn’t ya know it there’s a few good global Cassus Belli floating around.
It’s ugly though, for sure. Inshallah, the worst bits are over and we come out ahead. Sounds like you’re UK(?)/Aus, but I hope worker pay is rising there the way it is here in the US.