Why Living Standards Are COLLAPSING

"it's predicting that next year between 2022 and 2023 their living standards are going to fall by 4.3 percent"

"the year after that the rhdi is expected to go down by its second biggest in history by 2.8 percent"

"the bank of England is now predicting that the UK is about to have its longest recession ever"

"economists are predicting that the unemployment rate in the UK will jump from 3.5 percent to 4.9 percent in the third quarter of 2024."

"but the unemployment rate could also go as high as 6.5 percent in the next two years"

"it is still estimated that the purchasing power won't go back to pre-pandemic levels until 2027 or 2028."

"seven months from now the business cycle will get worse"

"real estate go down substantially next year it could fall as much as 20 percent"

"over the next two years the rhdi is expected to go down by 7.1 percent which is massive if we could look at a clock that represents economic growth this would be like rewinding the clock back to 2013 losing roughly eight to nine years worth of economic progress"