Author Topic: The next recession  (Read 10220 times)

clarshack

  • Hero Member
  • *****
  • Posts: 3626
    • View Profile
Re: The next recession
« Reply #15 on: February 24, 2022, 01:22:25 PM »
Oil is going through the roof . Highest price since 2011 I believe

and going to get worse. it's bad enough now but you'd really fear for a lot of people next winter.

Solo_run

  • Hero Member
  • *****
  • Posts: 780
    • View Profile
Re: The next recession
« Reply #16 on: February 24, 2022, 02:32:38 PM »
Oil is going through the roof . Highest price since 2011 I believe

and going to get worse. it's bad enough now but you'd really fear for a lot of people next winter.

Sky News - A market analysis has predicted energy bills reaching £3000+ a year

Taylor

  • Hero Member
  • *****
  • Posts: 2557
    • View Profile
Re: The next recession
« Reply #17 on: February 24, 2022, 04:00:23 PM »
all these people building giant houses relying on electricity to run their underfloor heating could be in for a very nasty shock in the near future

I would have said oil will be a bigger concern given electricity can be generated locally

Franko

  • Hero Member
  • *****
  • Posts: 2732
    • View Profile
Re: The next recession
« Reply #18 on: February 24, 2022, 05:21:47 PM »
all these people building giant houses relying on electricity to run their underfloor heating could be in for a very nasty shock in the near future

Them bsatards with their efficient heating systems

Turf's yer only man  ::)

north_antrim_hound

  • Hero Member
  • *****
  • Posts: 1629
    • View Profile
Re: The next recession
« Reply #19 on: February 24, 2022, 05:31:50 PM »
all these people building giant houses relying on electricity to run their underfloor heating could be in for a very nasty shock in the near future

Them bsatards with their efficient heating systems

Turf's yer only man  ::)

Dude please I havenít been to the moss for turf since I was 16 on strict instructions from my dad. Ball breaker of a place and I think Iíd rather freeze or steel the neighbours oil before Iíd go back. Seamus Heaney could romanticise anything.  Iíve just ordered a fill of heating oil and Red diesel today as itís up 5p a litre from yesterday.
Thereís a man with a mullet going mad with a mallet in Millets

RadioGAAGAA

  • Hero Member
  • *****
  • Posts: 2034
    • View Profile
Re: The next recession
« Reply #20 on: February 24, 2022, 06:23:53 PM »
You may have noticed the return of inflation recently. Supply chain price increases have turned up in Dunnes and Lidl and at the petrol pumps. This is not a temporary phenomenon. Inflation was generated in the US and imported everywhere else. The Federal Reserve was responsible because it tore the arse out of the Money Supply in 2020 when markets crashed.

Vast bulk of it is being driven by the cost of gas and oil.

With a significantly larger proportion of the average persons income being spent on basic essentials rather than luxuries - the money markets have a proportionally lesser impact.
i usse an speelchekor

seafoid

  • Hero Member
  • *****
  • Posts: 27498
    • View Profile
Re: The next recession
« Reply #21 on: February 24, 2022, 07:35:03 PM »
You may have noticed the return of inflation recently. Supply chain price increases have turned up in Dunnes and Lidl and at the petrol pumps. This is not a temporary phenomenon. Inflation was generated in the US and imported everywhere else. The Federal Reserve was responsible because it tore the arse out of the Money Supply in 2020 when markets crashed.

Vast bulk of it is being driven by the cost of gas and oil.

With a significantly larger proportion of the average persons income being spent on basic essentials rather than luxuries - the money markets have a proportionally lesser impact.

Money markets got the money. They speculated it.
 Gas prices soared. Inflation hit the supply chain.  Then it hit the shops. Born in the USA but now everywhere. 
Lookit

manfromdelmonte

  • Hero Member
  • *****
  • Posts: 3141
    • View Profile
Re: The next recession
« Reply #22 on: February 24, 2022, 07:40:12 PM »
all these people building giant houses relying on electricity to run their underfloor heating could be in for a very nasty shock in the near future

Them bsatards with their efficient heating systems

Turf's yer only man  ::)
Timber
We burn our own timber mainly.  Few trees down in the last few days will keep us going for another year

Milltown Row2

  • Hero Member
  • *****
  • Posts: 28859
  • Catch yourself on!
    • View Profile
Re: The next recession
« Reply #23 on: February 24, 2022, 07:42:12 PM »
all these people building giant houses relying on electricity to run their underfloor heating could be in for a very nasty shock in the near future

Them bsatards with their efficient heating systems

Turf's yer only man  ::)
Timber
We burn our own timber mainly.  Few trees down in the last few days will keep us going for another year

Did they fall into your garden?
None of us are getting out of here alive, so please stop treating yourself like an after thought. Ea

manfromdelmonte

  • Hero Member
  • *****
  • Posts: 3141
    • View Profile
Re: The next recession
« Reply #24 on: February 24, 2022, 08:54:07 PM »
all these people building giant houses relying on electricity to run their underfloor heating could be in for a very nasty shock in the near future

Them bsatards with their efficient heating systems

Turf's yer only man  ::)
Timber
We burn our own timber mainly.  Few trees down in the last few days will keep us going for another year

Did they fall into your garden?
Up the fields.

Milltown Row2

  • Hero Member
  • *****
  • Posts: 28859
  • Catch yourself on!
    • View Profile
Re: The next recession
« Reply #25 on: February 24, 2022, 09:08:00 PM »
all these people building giant houses relying on electricity to run their underfloor heating could be in for a very nasty shock in the near future

Them bsatards with their efficient heating systems

Turf's yer only man  ::)
Timber
We burn our own timber mainly.  Few trees down in the last few days will keep us going for another year

Did they fall into your garden?
Up the fields.

Was asking as I donít think they belong to you (if they arenít on your fields) so are you allowed to cut them? Remember a lad I knew was given a warning by the forestry department
None of us are getting out of here alive, so please stop treating yourself like an after thought. Ea

clarshack

  • Hero Member
  • *****
  • Posts: 3626
    • View Profile
Re: The next recession
« Reply #26 on: February 25, 2022, 11:30:13 AM »
Oil is going through the roof . Highest price since 2011 I believe

and going to get worse. it's bad enough now but you'd really fear for a lot of people next winter.

Sky News - A market analysis has predicted energy bills reaching £3000+ a year

ordered 1000 litres of oil 3 weeks ago and it cost £572. just checked today and 1000 litres is now £682.
18 months ago it would have been less than £280.

GJL

  • Hero Member
  • *****
  • Posts: 2129
    • View Profile
Re: The next recession
« Reply #27 on: February 25, 2022, 11:41:52 AM »
Oil is going through the roof . Highest price since 2011 I believe

and going to get worse. it's bad enough now but you'd really fear for a lot of people next winter.

Sky News - A market analysis has predicted energy bills reaching £3000+ a year

ordered 1000 litres of oil 3 weeks ago and it cost £572. just checked today and 1000 litres is now £682.
18 months ago it would have been less than £280.

Mental. Same as fuel at the pump. Where is it going to end up!?

imtommygunn

  • Hero Member
  • *****
  • Posts: 14407
    • View Profile
Re: The next recession
« Reply #28 on: February 25, 2022, 11:48:26 AM »
I doubt this war will help either.

Rossfan

  • Hero Member
  • *****
  • Posts: 19008
  • Ballaghaderreen CO ROSCOMMON
    • View Profile
    • Roscommon County Board official website
Re: The next recession
« Reply #29 on: February 25, 2022, 12:49:35 PM »
We'll have to start fracking in Laythrum, Cavan and Fermanagh....
Remember we're a noble race from a land where Kings once trod.