People will continue to blame workers regardless. Central banks will continue to raise interest rates, squeezing consumers, and debt laden companies will increase prices further to compensate.
The UK has already seen retail volume decouple from revenue and is now seeing the beginnings of a mortgage crisis. At least the rich will have yet another opportunity to snap up the foreclosures.
The good news is that energy bills this winter might only be 2-3x what they were pre-pandemic.
The UK has already seen retail volume decouple from revenue and is now seeing the beginnings of a mortgage crisis. At least the rich will have yet another opportunity to snap up the foreclosures.
The good news is that energy bills this winter might only be 2-3x what they were pre-pandemic.