Inflation
Posted: 08 Mar 2022, 15:34
Petrol and diesel is shooting up in price which will put the price of just about everything up.
Ukraine is the breadbasket of Europe but they are at war.
Before the Ukraine war we were being warned about inflation.
Europe still depends on Putin's gas.
How bad is inflation going to get?
There is a generation of young house buyers who have become accustomed to cheap money, cheap mortgages.
How are they going to cope with a £250,000 mortgage if the mortgage rate goes up to say 10%?
And our PM has apparently now banned Russian oil.
All very well, but please don't forget your own people!
Ukraine is the breadbasket of Europe but they are at war.
Before the Ukraine war we were being warned about inflation.
Europe still depends on Putin's gas.
How bad is inflation going to get?
There is a generation of young house buyers who have become accustomed to cheap money, cheap mortgages.
How are they going to cope with a £250,000 mortgage if the mortgage rate goes up to say 10%?
And our PM has apparently now banned Russian oil.
All very well, but please don't forget your own people!