UK: Inflation up 2.9%, oil and gas up, national debt up

 

UK inflation up = 2.9% and oil and gas prices up and this means growth of national debt accelerates.

Whatever numbers are given, the said numbers are totally outdated 24 hours later. The image just explains what happens when inflation goes up. Indexed debt is adjusted using as reference inflation rates.

This is Britain today. How has the British economy being affected by President Trump´s military adventures? Pretty baddly. First the talk about tariffs, but that was nothing compared to the uncertainty created by military conflicts created by USA geopolitical stances.

And United Kingdom is not alone. Countries that were supposed to be allies of the USA have been extremely negatively impacted. This can hurt more than bombs and missiles as countries become politically and socially unstable. When governments and politicians become detached from reality on the ground and in so doing become detached from the peoples that get them elected, peoples who are increasingly allienated, this cannot lead to peaceful coexistence. Inflation means that peoples´incomes are constantly devalued and for many this means not being able to pay for the basics of human life.