Markets freaked as shares fell

Families will be hit with high food, fuel and utilities bills. (Image: Unsplash)

Sat, 10 Dec 2022

Well, it’s been a hell heck of a year …Inflation is back with a vengeance, at 30- or 40-year highs, depending on which economy we’re talking about. Energy prices are up, partly because of supply shortages ex-Russia, but also with the western world’s accelerating efforts towards green-energy transformation. Businesses can't get the supplies they need because production difficulties continue, mainly due to labour shortages. Our unemployment rate – if you can believe the statistics – is just 3.3%,...

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