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Realistbear

The Reality Of Hyperinflation In Essentials Wreaks Havoc

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http://business.guardian.co.uk/story/0,,1828600,00.html

Soaring bills 'pushing millions into fuel poverty'

Charlotte Moore

Tuesday July 25, 2006

Guardian Unlimited

Huge rises in household utility bills over recent years are having a dramatic impact on Britain's poorest families, a report claimed today.
UK households with the lowest incomes could be spending as much as a tenth of their incomes on gas and electricity, the price comparison website MoneyExpert.com said..../
Yesterday EDF Energy announced that it was putting up the cost of gas and electricity for the second time in less than a year - by 19% and 8% respectively - while the wholesale gas producer BG announced a 46% increase in its second-quarter profits.

With liquidity being drained by real inflation there is no way that HPI madness can continue. Bottom line: recession is just a kiss away and with it a terrible HPC. The madness will not survive another winter.

Edited by Realistbear

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no thats just because your SO good ;)

Shut the f**k up. I'm crap. It's inflation, dammit, Inflation!!. :angry:

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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