usbarbadosslim93
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25 July 2022 - 6:27pm

How're things where you're located?

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Generally speaking, how're things where you're located right now? I live in the States and we clearly have things better than those in, say, Ukraine, but I've been noticing some worrying signs about how things are going where I live.

I've been noticing our grocery store shelves are emptied out a lot more than we traditionally see. I've also noticed that there's been shortages of stuff like baby formula (that was a big story), toiletries, and more. I've also noticed that places seem to be hiring, but not as many people are filling up those jobs. Positions seem to be sitting open. This is probably due to poor pay, as people are understandably asking for more money for their time and talents.

We've also seen that large spike in gas prices. While I drive an EV, it still has an impact, as everything costs more to transport and therefore the prices get passed on. I know a lot of people who were paying almost $100 to fill up their fuel tank and claim they only about $600 or so per week before taxes. That's a massive chunk to take out of their budget, especially when it's not uncommon for people to drive 20-30 miles each way where I live to get to work per day.

I dunno... I just have a bad feeling about the way things are going here and I think they're going to get worse before they get better.

So, how are things where you're at? Are prices really high? Are you optimistic or pessimistic about how things are going?

zaLambino
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26 July 2022 - 6:50am
#1

I live in South Africa and it's a proper dog show at the moment, we have loadshedding at the moment because the country's government stole and miss managed the country's power supply so now we off the grid more than we on it , unemployment is currently sitting on 68% so crime is up but difference between south Africa crime vs the rest of world is that ours is very often very violent , the country's currency has also devalued holding many South Africans that wish to immigrate hostage , it's very bad here and it is looking like it's just gonna worse

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26 July 2022 - 9:37am
#2

That sounds really bad. I'm in Malta and I don't drive so I can't speak of the fuel prices. But food prices have significantly gone up, I think especially because Malta imports everything- so the prices are really going up for everything.

auCL-Ed
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27 July 2022 - 3:04am
#3

This is a worldwide issue due to global markets and interconnected supply chains. Here we have very high inflated prices on fuel and everything else is going up, especially food and veg - like $12 for a single lettuce. The lettuce thing became a bit of a story here because McDonalds and KFC started "cutting" their lettuce with cabbage to keep the cost down. Now cabbage is $15 a head in some places.

Obviously covid and the Russia / Ukraine situation has accelerated and made things worse but IMO we were headed this way anyway. You can't just keep printing money, or more accurately creating new money out of thin air with a keystroke, to solve all your problems and expect that there won't be repercussions and inflation won't happen. In January 2001 there was just under USD $5T in circulation. Now its almost USD $22T. That's 17 trillion newly created US dollars added to circulation in just 20 years which flows across the world - and that is just the USA alone. I'm pretty sure populations and productivity have not increased 440% in the same time to match. This is the inevitable result.

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usbarbadosslim93
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27 July 2022 - 12:41pm
#4

Yes, it's certainly an inflationary problem. I wonder how long it'll take for things to fix themselves. I'm sorry to hear about the challenges you're having in SA, Lambino. Fingers crossed it'll get better before it gets worse.

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28 July 2022 - 11:35am
#5

Yep, the prices of literally everything have inflated here as well, but that's not happened overnight...have been constantly gone up for the last few months or maybe even a year time.

As always the local business is very adaptive (if that's the right term) when there's just a rumour that the price of fuel is going up...they're very good at that...not the case if it's going down though...took 'em months to adjust according to that😉

Face mask are back in to the public transport and I'm expecting very soon to be required in stores as well.

auCL-Ed
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1 August 2022 - 2:46am
#6
sharpe wrote:

As always the local business is very adaptive (if that's the right term) when there's just a rumour that the price of fuel is going up...they're very good at that...not the case if it's going down though...took 'em months to adjust according to that😉

Ha. Ain't that the truth. The worst ones here at that are the petrol/oil companies. The price of fuel goes up one nanosecond after something happens in the middle east but it takes months to come back down later.

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usbarbadosslim93
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1 August 2022 - 4:55pm
#7

Yeah, that happens here, too. I always thought fuel was bought at one price and sold at that until a new truck came in, but quickly learned that wasn't the case after the 9/11 attacks when prices went through the nose.

Now, I will say that fuel prices at my airport are like that, but it's not like that at the car gas station. Terrible.

ltVanilipas
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15 January 2023 - 8:35pm
#8

I live half of the year in my native country Lithuania and another half in Cyprus. What can i say... things are ok. In Lithuania economy still growing however lately prices increasing rapidly. Especially food and electricity. Also despite its safe country but Russia's aggression in Ukraine makes situation unclear what will be next. We are very close so in case of the worst scenarios we would suffer a lot.
In Cyprus i feel more safe because of the geographic location. However life is little bit difficult here because covid hit to the hospitality businesses too much. Also prices going up and up. Especially electricity and food like in Lithuania.

CL-Ed

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19 January 2023 - 6:12pm
#9

Oh man, what a living situation. I hope you keep safe in Estonia, and hope that Russia leaves you guys alone. Prices are going up a lot here, too. I went to the grocery store to buy eggs. Three months ago they were $1.75ish... today they were $4.90! I ended up paying the extra 18 cents and getting free range organic because the cost wasn't much more.

Crazy times.

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20 January 2023 - 12:23pm
#10

I agree slim, it's happening everywhere 😢 Every day when I go to the store, the same item has a new price. Now we have to pay 10 cents for refundable deposit for a water bottle, yet there's no place to actually recycle them to get your "refund" back.

usbarbadosslim93
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20 January 2023 - 2:19pm
#11

We've had the deposit on soda and beer cans in Michigan for a long while. We normally take them back to the stores and get money back to buy more beer or whatever. 🙂 It is strange that they'd implement that for you with no way to return them.

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25 January 2023 - 11:02am
#12

Maybe I don't comment situations in Poland. Trust me its horror so I finish here.

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25 January 2023 - 4:47pm
#13

Sorry its so tough for you out in Poland, Nowak.

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25 January 2023 - 9:43pm
#14

We in Lithuania think different because many of our people going to buy cheaper food and other things to Poland 🙂 Or we are ordering something online and even with transportation its better price than here.

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26 January 2023 - 3:02pm
#15

Obviously the situation is pretty much the same everywhere around the world, the inflation is huge .. I read somewhere that officially is around 20-30% for the past year or so(not exactly sure) but man.. there's some items in the grocery stores that have cost double or even more than a year or so ago.

Quote:

Three months ago they were $1.75ish... today they were $4.90! I ended up paying the extra 18 cents and getting free range organic because the cost wasn't much more.

That's the price for a pack of how many Dustin? Just curious😎

But nice move there slim, here's another option... you could buy a Kinder eggs from now on...pretty much the same price and there's a toy inside, lol😉