Irresponsible living expenses shot up to the moon, is it a crack down on the World?

[cuno]

All the newspapers write about it, everyone talks about it, I can feel it when I walk through the supermarket, want to make an extension or buy me a new car. EVERYTHING has become expensive, you can not get what you want to buy as it is either backordered or just not available.

Even in the restaurants, they often report sold out or tell that one ingredients has been replaced with another because there are delivery problems.

Are we facing a collapse of the world we live in? Are these the richest games?

 

[clemens]

Wait for it, you can send a big thank you to Putin, the 1% and‌ the USA who are all involved in the next big world economy crisis. This is‍ not going to end good.

 

[tacokai]

It is written on the wall already, dooms day is coming
https://www.imf.org/en/News/Articles/2022/04/14/sp041422-curtain-raiser-sm2022
put this through‌ a bulls**t filter and outcome will be, the rich will be richer the poor will‍ get even poor, it is the money's players game.

 

[RealDude]

Bad news for cheap Charlie and welfare recipient.

 

[tacokai]

yes indeed

 

[diatessaron]

Already collapsed, these are the aftereffects. Me and you were in it too.

 

[fanban]

collapsed...ahhh no not yet or how do you find out that it is the aftereffects,‌ the worst is still come.

 

[diatessaron]

Woman think they're men and‍ men think they're woman. People raping lizards and goats to death. Woman walk around almost⁠ naked and call it woman power or whatever. Homelessness, drug consumption, alcohol and unhealthy foods⁤ are the norm and you're weird for not drugging yourself to death. Men are evil.⁣ Toddlers spend their days on TikTok consuming degeneracy. Ongoing war for millennia, prositution, incest, murder,⁢ abortions. Men spend their paychecks on internet whores and a lot haven't seen sunlight in︀ weeks, gym never in their lives.

The worst has always been here, we were doomed︁ from the beginning but are too busy with thinking highly of ourselves.

 

[Golden Fleece]

No, that‌ is bad news for everyone. That is how revolutions begin, i.e., when the poor take‍ to the streets. And then no one is safe.

With the notable exception of the⁠ American Revolution, which was led by the wealthiest Americans, most revolutions are very bad.

 

[Martin Everson]

It's all by design sadly. All part of the‍ boom bust cycle of capitalism. You can prolong a fundamentally flawed system for quite some⁠ time by crashing it every once in a while. You just need to time the⁤ bust right and to find a boogie man or useful set of idiots to blame⁣ it on to avoid blaming the actual flawed system itself 😉.

This is all normal in some third world countries. Rampant inflation and shortages︂ from everything from fuel, electricity to potable water is the norm in some countries for︃ years. The west is just experiencing a mild case of inflation and is freaking out.︄ Wait till cost of living really increases. 9% or 10% inflation is a good year︅ in i.e Turkey smi(&%.

 

[Golden Fleece]

Everything that the world has experienced, especially since the great recession of 2008, was caused‍ by government constraint of natural market forces, contortions of the free market by the state,⁠ and the resulting misallocations of capital.

It has nothing to do with capitalism, where normal⁤ market forces -- if allowed to run unmolested -- periodically shake out the dead wood⁣ and allow the system to reset. In normal markets, those who are overleveraged and behave⁢ foolishly are punished harshly by the market.

Instead, under the current regime of crony capitalism,︀ which is not capitalism at all, wealthy miscreants who ordinarily would go bankrupt during the︁ normal boom-and-bust cycles are rewarded for their bad behavior -- while thrifty savers and everyday︂ workers are punished.

 

[avalanche]

havent noticed anything at my place. only︀ prices went up a bit

 

[Martin Everson]

Boom and bust has nothing to do with⁤ Capitalism? rof/% Boom and bust cycle is a core component of capitalist markets...lol. You clearly need⁣ to learn how capitalist markets work.

 

[Golden Fleece]

Try re-reading what I said: "wealthy miscreants who ordinarily would⁠ go bankrupt during the normal boom-and-bust cycles are rewarded for their bad behavior." Capitalism promotes⁤ cyclic wealth destruction that punishes bad behavior and that makes way for the next cycle⁣ of innovation.

By contrast, what did you say? "All part of the boom bust cycle⁢ of capitalism."

What we are currently experiencing is not "part of the boom bust cycle︀ of capitalism." It is a direct result of circumventing the normal boom-and-bust cycles that would︁ allow the markets to self-correct, punish foolish overleveraged investors, and flatten wealth and income inequality.︂

I know how capitalism works. You apparently do not know that capitalism has been slowly︃ dying in first world nations, which have embraced the warped markets of welfare state socialism.︄ That is what has skewed the markets and what will eventually cause highly unusual levels of misery, rather the normal level of self-inflicted pain that stems from the necessary cleansing︅ of the normal market cycles of capitalism.

 

[Martin Everson]

You clearly did not understand a word I said 🙄. I will repeat it for‌ you again here:

It is easy⁤ for some to blame anything but a flawed system. But I welcome healthy debate...lol thu&¤#.

 

[tacokai]

that's true, most don't even understand what is going on yet... wait‍ for it to come ja334¤¤#

 

[Martin Everson]

There will be a lot of people left scratching their heads at some point and‌ questioning what is going on. Like I said it is something that is part of‍ daily life in some developing countries but is new to the west in recent times.⁠ Hopefully its short term.

 

[sonato]

I sadly disagree with you‌ that it will be short term. I believe it is the beginning of something bad.‍

 

[Martin Everson]

You maybe right. It's quite‍ possible we will enter a recession. If we do then the question is how long⁠ will this one last.

https://www.theguardian.com/busines...n-seems-certain-the-only-question-is-how-deep
https://edition.cnn.com/2022/05/23/politics/biden-says-recession-not-inevitable/index.html

 

[Golden Fleece]

No, you clearly⁠ did not understand a word that I said. It is not a "flawed" system. It⁤ is an unnatural, skewed system rigged by the government. Consult the dictionary definition of capitalism:⁣

Capitalism is︀ not what we have in place right now. In a capitalist system, there is a︁ free flow of goods and services not controlled by anyone, as opposed to a monopoly︂ system, a government-controlled economic system, or any type of cronyism.