If I can’t share a Curly Wurly then it’s not a revolution.
Oh wow that’s insane to leave those essentials out of the calculation.
Shit isn’t good here either, energy costs increased by 20-25% in just a quarter, homelessness rising, wages have fallen in real terms over the last two decades while company profits have soared, renting is out of reach of most young people while the older generation is retiring with multiple homes. The share of GDP that goes into people’s pockets is literally the opposite of what it was in the 1950s.
Why aren’t people taking a closer look at Japan? Their inflation rate is down 929% from last year, without adjusting the cash rate.
Why is it that the EU, UK, Canada, NZ, USA and Australia all keep trying to reach the same goal of suppressing demand until unemployment is high enough for prices to fall. It’s insane.
What I was basing my observation on: https://theconversation.com/japan-has-gone-its-own-way-on-fighting-inflation-can-nz-learn-from-a-global-outlier-210618
You can guess which will get more attention once in power, neo liberal economic changes or immigration and climate change.
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Isn’t that what people have been saying for decades? Yet the ‘economic miracle of Japan’ just keeps rolling.
https://foreignpolicy.com/2023/09/14/japan-economy-neoliberalism-east-asia-washington-consensus-imf/