Showing posts with label hospitality. Show all posts
Showing posts with label hospitality. Show all posts

Friday, 18 November 2022

Permacrisis: new word officially added to the English language

From now on, we live in a state of permacrisis or permanent crisis. The word has been officially added to the English language. Events of the last two years and whatever is there to come more than justify the new addition. 

Despite the fact that the BBC, Sky and other media constantly fail to report what is happening not just in Britain but also abroad and especially in Continental Europe (for whatever reason they choose to 'blackout' the news and fail in their duty of care), Europe as a whole is in crisis. In Spain, hundreds of thousands went to the streets to demand better healthcare in Spain. The situation is critical due to mismanagement and lack of medical staff. Strike is the word across Europe. 

Unfortunately, those in power seem to be more interested in geopolitics than in real politics and ordinary people will suffer as a consequence of mismanagement and short-sighted approaches. Politicians appear to be acting first and thinking later, completely oblivious to the consequences of the decisions that they are taking. Some say that we need to cut down taxes to restore financial health. Others say that we need to increase taxes to restore financial health. The summary of it all is, nobody knows with any degree of certainty what is going to happen.

Flipping a coin in the air is all we have left to do. As a consequence of it, we are paying enormous amounts of money to people who are just guessing and don't have a clue about what is going to happen. This is Democracy for you. They sit inside a debating chamber, make a few speeches about things they know nothing about and we have to accept political gambling because this is what Democracy has become.

The ones making the decisions have little or nothing to lose and it is up to ordinary members of the public to deal with the consequences of their decisions.

Utility bills go up and grocery bills go up and this is very much what leads to inflation. Now, in order to reduce inflation we raise taxes that will make utility bills and grocery bills to go up faster and lead to more inflation, but 'those who know say that increasing utility bills and grocery bills will reduce inflation'. You know that it does not make any sense. You are going to be more often than not completely out of pocket and you will have to cut down vital expenditure or get into additional and higher levels of debt. The most vulnerable stand to suffer most from what is happening but because the most vulnerable stand at the bottom of the pyramic there is a domino effect. Suddenly, the hospitality sector detects that less and less people are using their services because they cannot really afford to use their services. Balance sheets go into the red and unemployment raises its head. Not only that, is the hospitality sector suffers others sectors that provide services to the hospitality sector suffer and follow a similar paths. More unemployment is added to the pile and tax receipts start falling. So the Chacellor of the Exchequer Jeremy Hunt MP has formally declared that Britain is in recession and recession means that from now on unemployment is guaranteed.

Paralizing the economy with more and more taxes, fuelling inflation while not promoting added economic activity, will lead us to a permacrisis with higher levels of debt, unemployment and social ills. Before we had health lockdown. Now we will have economic lockdown leading to social breakdown and political instability.




  

 

Thursday, 25 August 2022

As Liz Truss threatens the Russian Federation with nuclear war, the Russian Federation launches covert national mobilization

 

What about the situation that is developing does the favourite to become British Prime Minister not understand?

If somebody threatens you, what do you do? Launch a pre-emptive attack. Within 15 minutes London will be history. That is the time it takes for a nuclear missile to reach London if launched from Kaliningrad. Hustings are turning into a dangerous circus. 

What is said by British politicians are being studied and every bit of information is being sent abroad to build a profile of what could be the next move. In the meantime, Boris Johnson, the outgoing Prime Minister is asking Britons to put up with an impending economic catastrophe.

Britain is today is an worst position that the position it was in in 1940. For decades now, one government after another has been weakening Britain to the point that Britain's military manpower is less than 80,000 and Britain does not have the capability to patrol its own coasts and its security services don't have the necessary manpower to track every possible terror operator, let alone tracking an organised attack within Britain carried out by well trained operators with a specific agenda.

The Russian Federation does not need to even attempt to attack Britain. British politicians are themselves busy destroying Britain. Improvisation, miscalculation, lack of awareness of the consequences. It is the law of unintended consequences that would push Britain downhill. 

Napoleon described Britain as a nation of shopkeepers. Paradoxically, the said shopkeepers kept Britain alive. Now, British shopkeepers are falling prey of British politicians. 

The news came today that for fear of dealing with bankruptcies and unpaid debts, energy providers are refusing to extend long term energy contracts for small businesses. If the hospitality industries and small businesses are forced to close down - many in the said hospitality industries and small business barely managed to survive the Covid pandemic - the most vulnerable will be once again severely hit.

And what happens to farming? Farmers barely survive thanks to subsidies, subsidies that will be devalued by inflation. Energy rationing? Food rationing? Blackouts? A cabinet minister indicated that he is not in favour of electricity rationing. Well, the words 'if necessary' not only apply to nuclear weapons. The authorities will be forced to impose rationing.