Current Events > What has caused the economic problems of 2022? I don't get it.

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Sunhawk
10/02/22 3:28:27 PM
#1:


I understand that the war in Ukraine has caused problems, but what about other causes? Why is cost of living so bad? And why is the UK predicted to go into recession in 2023?

Economics REALLY isn't my strong suit, though.

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MedeaLysistrata
10/02/22 3:29:17 PM
#2:


Sunhawk can I ask you a few questions?

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Sunhawk
10/02/22 3:30:35 PM
#3:


What questions?

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MedeaLysistrata
10/02/22 3:34:04 PM
#4:


Sunhawk posted...
What questions?
  1. is a story worse if it has magic?
  2. is explaining something naturalistically that makes more sense to be explained by magic a bad idea?
  3. what was the last novel you wrote about?



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Sunhawk
10/02/22 3:42:57 PM
#5:


  1. Yes, because fantasy novels are generally useless wastes of time (although Dark Tower is very good, and so is Johnathan Strange and Mr Norrell).
  2. I don't know.
  3. The American adult film industry.

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MedeaLysistrata
10/02/22 3:52:21 PM
#6:


covid and the war are probably the two main reasons

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Foppe
10/02/22 3:54:09 PM
#7:


https://gamefaqs.gamespot.com/a/user_image/8/1/7/AAA_aCAADvNp.jpg
I'll tell you what happened, son. See, there's a bunch of idiots out there who weren't happy with what they had. [slaps the hot dog onto his own plate] They wanted a bigger house and materialistic things that they didn't even need-- [grabs his margarita glass and rises from the table] people with no money who got loans to buy frivolous things they had no business buying. [walks over to a Margaritaville margarita blender and loads it with ice. A margarita mix is already in place in the blender] And these assholes just blindly started buying any stupid thing that looked appealing, [puts the ice scooper back into the ice bucket] 'cause they thought money was endless! [starts up the blender, which drowns out whatever he says for the next nine seconds] It goes back to when the government had the idea that everyone in America deserves to own a house. So we have people having a hard time paying their loans, [the blender stops] meaning less money coming in. [serves himself a margarita and places the blender back on its base] And the idiots couldn't see that by doing all this frivolous spending they were mocking the Economy. And they made the Economy very angry. [goes back to his seat with his margarita] We're all feeling the Economy's vengeance because of materialistic heathens who did stupid things with their money! Do you understand, son?

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__aCEr__
10/02/22 3:56:54 PM
#8:


The Queen was propping up the global economy.

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CommonStar
10/02/22 3:59:19 PM
#9:


capitalism
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apocalyptic_4
10/02/22 3:59:37 PM
#10:


Covid just exposed the problems with modern capitalism. Printing endless money in addition to large companies influencing policy to maximize profits above all else.

This market correction was long over due especially with the record breaking bull markets we've lived through in the past 10 years. Now the scales are tipping in the wrong direction and the fed/governments of the world are battling with inflation but that's pushing everything into a recession which can't be helped.

Like 2008 but possibly far worse.

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FL81
10/02/22 3:59:49 PM
#11:


more blood on Bush's hands

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MarthGoomba
10/02/22 4:01:02 PM
#12:


Corporate greed

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#13
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super_clout
10/02/22 4:53:22 PM
#14:


Covid,
people quitting jobs over the jab,
that effected the supply chain.
Government printing money.
oil supply slowed due to executive orders from the president causing rising energy cost.
factory fires
Truckers against the jab
etc...

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Irony
10/02/22 4:54:06 PM
#15:


Tan suits

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BloodMoon7
10/02/22 4:54:34 PM
#16:


Capitalism is unsustainable.

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VampireCoyote
10/02/22 4:55:23 PM
#17:


supply chain and gas prices

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Prismsblade
10/02/22 5:08:05 PM
#18:


Money printing
Rent moratorium
Extremely poor weather from droughts and floods effecting crops
Fetalizer shortage also effecting crops
Russian sanctions
Diseases killing livestock
Supply chain issues.

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ryudo500
10/02/22 5:09:07 PM
#19:


BloodMoon7 posted...
Capitalism is unsustainable.
communisms is much much more consistent and realistic right?

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BloodMoon7
10/02/22 5:14:08 PM
#20:


ryudo500 posted...
communisms is much much more consistent and realistic right?
I mean we could give a try for a bit, see how it feels. Maybe eat the rich.

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__aCEr__
10/02/22 5:22:12 PM
#21:


Rich person meat probably would be cheaper than pork these days.

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dameon_reaper
10/02/22 5:24:33 PM
#22:


__aCEr__ posted...
Rich person meat probably would be cheaper than pork these days.

and fatty
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