In response to the following BBC article, quote:

UK expected to be only major economy to shrink in 2023 - The UK economy will shrink and perform worse than other advanced economies, including Russia, as the cost of living continues to hit households, the International Monetary Fund has said.

https://web.archive.org/web/20230131123012/https://www.bbc.com/news/business-64452995

Source of the take: https://knockout.chat/thread/45630/1#post-1657405

    • JuneFall [none/use name]
      ·
      2 years ago

      14% is quite high though, even if money supply increase, as I doubt that most of the precarious people will get less than inflation in wage or income increases. I think that isn't possible to keep up for years. So lets see how it evolves.

    • M68040 [they/them]
      ·
      2 years ago

      See, what I wanna know is where I should be with everyone involved being a bunch of socially conservative fucks who aren't even remotely likable and who can't realistically be swayed to loosen up on, say, gay rights

        • RikerDaxism [it/its]
          ·
          2 years ago

          For LGBT rights, Western liberal countries are still unbeatable, unfortunately, although I suspect fascism is already brewing in those countries with neoliberal economies going downhill.

          Cuba?