Live and recent posts from across the Fediverse tagged #greedfaltion, aggregated by home.social.
When crises collide:
#NHScrisis (and #LongCovid) contribute the largest proportion of 'economically inactive' #workers....
driving labour shortages in a time of #inflation & #costoflivingcrises,...
while #greedfaltion (yes its a thing), drives both #inflation & decline in real wages...
causing some pressure (as a lagging factor) on wages to rise.
So what is the #BoE going to do; yes raise #interest rates to drive a #recession to compound the economic damage.
It looks like #classwar & is!
More cost(s) of #Brexit:
seems the spike in #energy prices is not only due to #greedfaltion compounded by the #UkraineWar, but also reflects shifts in how energy is traded across the channel.
Energy UK notes: a 'mismatch of different trading arrangements has led to a less efficient, more complex & costly model for the trade of electricity over the interconnectors between the EU and GB, as well as adding to the regulatory & administrative burdens of energy traders'!
One more Brexit benefit!