ChaoticMusings

Syl wrote:

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Maddog wrote:

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www.ft.com/content/756e81d1-b2a6-4580-9054-206386353c4e

Here is an article I read this morning. One, because it interests me and I like to keep abreast of what's happening around the world, and two because we are having similar issues over here.

My income is down to less than half it was just a few months ago.

I'm struggling. Friends are struggling. We want it to end, but we also know it's not going to any time soon for a myriad of reasons.

However, one of those reasons isn't greed, but one most likely is, people thinking it is.

That's why I'm frustrated at times. I'm paying more for everything while doing it with less income, while people are defining the problem completely wrong.

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 The majority of people (apart from the greedy bastards that you don't seem to acknowledge)  are paying more and earning less.

Eg....throat spray from Boots, cost around £4, the other week I bought one at £8...same product, double the price, and this from one of the most respected retailers in the UK.

The assistant even commented this was the last one in stock....obviously old stock, so why double the price?

 

Magnify that a million times....that's why I think retailers are using the recession to line their own pockets.

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 Most people are not earning less, not over here. The wage price spiral is real. Their purchasing power is less.  

I'm more than willing to look at figures that demonstrate higher profit margins than usual.  

I just never see them. I hear anecdotal comments by people stating they are behind price increases..

Or in the event they are real, no one wants to look at how they offset previous losses, which is how a business survives. 

Maddog wrote:

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Syl wrote:

---

Maddog wrote:

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www.ft.com/content/756e81d1-b2a6-4580-9054-206386353c4e

Here is an article I read this morning. One, because it interests me and I like to keep abreast of what's happening around the world, and two because we are having similar issues over here.

My income is down to less than half it was just a few months ago.

I'm struggling. Friends are struggling. We want it to end, but we also know it's not going to any time soon for a myriad of reasons.

However, one of those reasons isn't greed, but one most likely is, people thinking it is.

That's why I'm frustrated at times. I'm paying more for everything while doing it with less income, while people are defining the problem completely wrong.

---

 The majority of people (apart from the greedy bastards that you don't seem to acknowledge)  are paying more and earning less.

Eg....throat spray from Boots, cost around £4, the other week I bought one at £8...same product, double the price, and this from one of the most respected retailers in the UK.

The assistant even commented this was the last one in stock....obviously old stock, so why double the price?

 

Magnify that a million times....that's why I think retailers are using the recession to line their own pockets.

---

 Most people are not earning less, not over here. The wage price spiral is real. Their purchasing power is less.  

 

I'm more than willing to look at figures that demonstrate higher profit margins than usual.  

 

I just never see them. I hear anecdotal comments by people stating they are behind price increases..

 

Or in the event they are real, no one wants to look at how they offset previous losses, which is how a business survives. 

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 Well Boots made an extra 4 quid from me than they should have , on ONE item. 

I know everything has cost more to buy, the price of food and household goods seem to be increasing daily  ..one of the main reasons for the price rises was blamed on spiralling petrol costs ..petrol has now dropped sharply, prices have not.