In the UK its rare we get any good news these days. But with a worsening cost of brexit living crisis, it looks all but certain the Tories will lose the next election, as there’s no real way for them to fix the mess. But equally, there are some worrying signs from within labour, which suggest a labour government isn’t really going to make much of a difference, in fact it will probably be a short lived administration.
The main driver of this crisis is inflation, which is mostly driven by windfall profits for banks, energy & retail corporations (and not wages as the government claims). Indeed its getting so bad they are starting to call it greedflation. Hence raising interest rates or restricting wages isn’t going to do anything, other than hurt those who aren’t rich. On the other hand, a windfall tax or an…
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