Yeah, the #uk #economy is #shrinking and #inflation is getting worse, we can feel it! https://www.zerohedge.com/economics/uk-m.. All is good and well though, because the #ons #office of #national #statistics will simple #redefine #gdp to means something else, in the the #memoryhole it goes! https://blog.ons.gov.uk/2022/11/11/inclu.. They are *insane.* These people #advise the #uk #government ...
I agree with #trump on this, #inflation is way higher than stated: https://www.zerohedge.com/political/trum.. The #used #market is now double, #food #costs are going up ~10% every few weeks, #food is #shrinking ( #shrinkflation ). We are genuinely in a #crisis but nobody wants to #admit it.
Another problem for #china 's #housing #property #market is the #shrinking #population https://www.zerohedge.com/economics/shri.. Less people means less #demand ...
*Very* interesting #article by #zerohedge on #china 's #ccp https://www.zerohedge.com/geopolitical/w.. They are about to start #shrinking to match the #reality of their situation, so one can imagine that they are very likely to begin a #war to try and #maintain their world standing. Some madness likely ahead - *I hope I am wrong.*
#goldmansachs also sees the #automotive #industry #production #shrinking https://www.zerohedge.com/markets/goldma.. I saw people joking about driving an #ev instead of #fossil #fuel as the #uk fuel #shortage gets worse, but they can't #manufacture them! Worst still, #electricity is getting more #expensive as there's no #wind #power and #russia 's #gas prices are skyrocketing!