Is The Economy Just Now Falling Apart

[PlunkettsGhost]

Wonder what will happen Aug 22nd, when BRICS announce their new gold backed currency system

 

[Jay Homer Simpson]

Has anyone else noticed that average Paddy is spending money like a drunken sailor the past year?

 

[Professor]

The weather this past month of July has been exactly like 2008 and we all remember what happened next in 2008

Ireland crashed - Dublin pubs slashed prices and offered 3 pints for a €10 to get bums on seats. Families had to emigrate, celtic tiger property prices slumped to realistic levels but the tax payer payed off all the false debts.
It's been crap ever since! No Good!!

 

[Declan]

We have seen days like this before and eventually it finally will be the one that starts the panic and reality intruding.

Stock bonds oil and gold all down in a touch of deflation.

 

[PlunkettsGhost]

View: https://rumble.com/v31mszk-new-brics-currency-boosts-gold-and-destroys-dollar-jim-rickards.html

 

[Coal Gas and peat]

This thief thought he was gonna roll on our with a bin full of cigarettes and tobacco.....it was a big mistake the Indians beat the tar out of him with a mighty stick that they had

 

[Wolf]

This thief thought he was gonna roll on our with a bin full of cigarettes and tobacco.....it was a big mistake the Indians beat the tar out of him with a mighty stick that they had

Can't be sure but is the guy who stopped him wearing a Kerry shirt?

 

[Coal Gas and peat]

Can't be sure but is the guy who stopped him wearing a Kerry shirt?

I can't find a link to the full video anywhere I saw it on YouTube shorts , but he got a top notch beating

 

[Declan]

Employee of the Month.

 

[Coal Gas and peat]

He thought he was going to roll out a full bin of smoking products unchallenged , you'd be into a few grand easily ........7/11 should award these workers if they have not already done so

Justice was done in this case

 

[Professor]

Right then, but not now (thanks to Zitler and Al'lied holelicking supporters) . . .

. . . After Russia invaded Ukraine in early 2022, prompting countries around the world to shun Russia’s fuel supplies, the resulting spike in the cost of energy sent inflation spiraling into the double digits.

“Food inflation has been particularly high, reaching 19.1%” in March, Bailey said in a press conference on Thursday following the announcement of a 12th consecutive hike in the Bank’s base rate. “We are acutely aware of how difficult this rise in food prices is for people, especially for those on lower incomes.”

Now here comes the unbelievable excuses which deny the banks involvement in supporting weaponised sanctions and asset seizing,escalating the crisis of it's own making

Part of the problem was that the cause of the shock — a major war in Europe — was unprecedented in today’s modern, interconnected world. This meant the Bank had little past experience on which to base its forecasts for food prices.

“The sustained higher price level represents a long-term cost for households and businesses, and this is one driver of subdued economic activity over the forecast horizon,” the BOE’s Monetary Policy Report said.

Poor harvests due to bad weather, as well as the war in Ukraine and the resulting supply chain shocks, were driving up food prices, the Bank said in its latest Monetary Policy Report.
Bailey said there were some signs that food price inflation would soon start to weaken, but this was taking “longer than we previously thought.”

UK Food Prices Replace Energy as Top Inflation Concern for BOE

Food has now displaced energy as the biggest cause of inflationary concern for the Bank of England, minutes from its latest rate-setting meeting revealed on…

financialpost.com

 

[Professor]

Huge Costa del Sol greenhouse visible from space supplying food to Tesco and Sainsbury's​

The 185-sq mile greenhouse, nicknamed El Mar de Plastico, grows nearly 2.7million tonnes of produce each year and supplies Tesco, Sainsbury's and Asda

Brexit scarcity woes are alleviated by prosperous European relations, are quietly thankful to Spain.

. . . At 185 square miles, it is 25% bigger than the Isle of Wight and provides major UK supermarkets including Tesco, Sainsbury’s and Asda with tomatoes, peppers, cucumbers, melons and peaches. Since the first greenhouse went up in 1963 at Poniente Almeriense near Almeria in Andalucia, the area, also known as Europe’s market garden, has grown to be worth more than £1billion a year to the Spanish economy.

Huge greenhouse visible from space supplying food to Tesco and Sainsbury's

The 185-sq mile greenhouse, nicknamed El Mar de Plastico, grows nearly 2.7million tonnes of produce each year and supplies Tesco, Sainsbury's and Asda

www.mirror.co.uk

 

[Mad as Fish]

Huge Costa del Sol greenhouse visible from space supplying food to Tesco and Sainsbury's​

The 185-sq mile greenhouse, nicknamed El Mar de Plastico, grows nearly 2.7million tonnes of produce each year and supplies Tesco, Sainsbury's and Asda

Brexit scarcity woes are alleviated by prosperous European relations, are quietly thankful to Spain.
View attachment 2002
View attachment 2003

. . . At 185 square miles, it is 25% bigger than the Isle of Wight and provides major UK supermarkets including Tesco, Sainsbury’s and Asda with tomatoes, peppers, cucumbers, melons and peaches. Since the first greenhouse went up in 1963 at Poniente Almeriense near Almeria in Andalucia, the area, also known as Europe’s market garden, has grown to be worth more than £1billion a year to the Spanish economy.

Huge greenhouse visible from space supplying food to Tesco and Sainsbury's

The 185-sq mile greenhouse, nicknamed El Mar de Plastico, grows nearly 2.7million tonnes of produce each year and supplies Tesco, Sainsbury's and Asda

www.mirror.co.uk

Whenever the phrase 'visibible from space' is used you can be assured there is a simpleton writing the article. The neighbours cat is visible from space FFS, as a quick glance at Google maps will confirm.

As much as we might admire the look of those big shiny tomatoes down at Tesco, we can be sure that we are buying little more than Spanish water with very little flavour added.

 

[Professor]

Whenever the phrase 'visibible from space' is used you can be assured there is a simpleton writing the article. The neighbours cat is visible from space FFS, as a quick glance at Google maps will confirm.

As much as we might admire the look of those big shiny tomatoes down at Tesco, we can be sure that we are buying little more than Spanish water with very little flavour added.

Nothing like being in the fields on warm sunny winters morning, in among the lettuces and orange trees in fruit, olives then artichokes and watermelon.
True though, the tomatoes from all sources were constantly mostly watery bland, unripe and unpleasant to eat, I've had much better sweet delicious tomatoes from Irish growers selling through Aldi

 

[Declan]

 

[Declan]

We are now back to rates of about 15 years ago. The difference is the federal debt is about is about 7 times as high as we near 33 trillion.
The money supply is rapidly falling and the dollar is rising nearly every day.
Expect the market to continue to fall and if that happens we are looking at a deflationary collapse.

 

[Declan]

 

[Declan]

Again, another day of rising interest rates and a rising dollar. 4.33% on the 10 year being the recent high so we are getting very close.

 

[Declan]

Let's see if the interest rate breaks the recent high of 4.33% on the 10 year. If so, it will get dicey quickly imo

 

[Declan]

This is awashed up market. When you see it opening higher and then just caving, you know there is unease o er something underneath the surface