Consumers are in serious trouble

WaxLyrical

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Oct 20, 2011
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25,353
To understand how consumers are struggling you just need to observe exactly how they're suffering at the supermarket check outs tills.

Trolley is usually filled with 70% rubbish bought on credit.
 

saturnz

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Joined
May 3, 2005
Messages
19,666
To understand how consumers are struggling you just need to observe exactly how they're suffering at the supermarket check outs tills.

Trolley is usually filled with 70% rubbish bought on credit.

well given that they didn't deleverage when the opportunity provided itself its quite clear why they are struggling
 

NarrowBandFtw

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Joined
Feb 1, 2008
Messages
27,727
none of those references suggest there is anything wrong with the official stats, but that was just a cursory browse from my side

The first three show evidence of prices going up faster than official inflation figures, and there is no shortage of similar articles, a cursory glance is all you need really.

The fourth link is more interesting, they're not claiming the official stats are BS, but they are questioning why the official method has not been altered or questioned that often and they propose an alternative approach.

if you say the official stats are BS, you have to provide alternative stats, that's how it works and besides you said it would be easy to do, you would think someone would have done it by now if it was that easy

If the government benefits when the real inflation is misrepresented as a lower figure, why would they change it?
 
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