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[Closed] What will be twice as expensive in a year?

 Alek
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Never good at predictions but with all this recession going on.......

Mortgage! Heating! Electricity! Bikes! Kit! are the obvious ones (amongst the many)

Maybe I should ask what 'wont' be twice the price in a year ❗



   
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your vote?



   
 SST
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Bread
Chocolate



   
 Drac
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Mortgage twice as much, that would take a huge hike in interest rates.

In fact anything 100% more than now is unlikely.



   
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Santa Cruz frames 😉



   
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The wife



   
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the way things are it will be the Euro



   
 Alek
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Topic starter  

Like I said, I'm not good at predictions but there will be some things that will be a lot more expensive this time next year.

Suppose if you've no job then everythings gonna be expensive 🙁

Already hearing of friends being 'released' from employment and more will surely follow this year.



   
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The last time there was a food bill increment it was attributed to crude oil price shy rocketing to $148/barrel.

But now crude oil has dropped to half or more than half 8 months ago, so why the hell is the price of some items still remain at the inflated 50%?

😯



   
 Drac
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[i]Suppose if you've no job then everythings gonna be expensive[/i]

No it stays the same, did you got to the same maths lessons as Smee?



   
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Love.



   
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My salary

🙂



   
 Alek
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Topic starter  

My bosses expenditure

Unemployment insurance

Wood

Running a car

Organic fruit+veg

Cup of tea

Taxi



   
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Rice.

Oh wait, that's double the price in a month, not a year.



   
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Anything that currently at 50% discount



   
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Oh, and bike insurance



   
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cat foods gone up...



   
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Cheese - how the f uck can a block of cheese cost the same as a 6 pack of beer now ?



   
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I takes longer to make cheese. Probably.
How big is the block btw ?



   
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i alwasy made cheese sandwiches as th were cheep (add salad, fancy cheese, etc for variety)

Then realised steak was imperceptibly more expesive, so now eat that several times a week instead.



   
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Anything in Zimbabwe



   
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hopefully income tax for banking executives will be



   
 Drac
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[i]Cheese - how the f uck can a block of cheese cost the same as a 6 pack of beer now ? [/i]

Because the beer you drink is shite.



   
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cocktail sausages.



   
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cocktail sausages.



   
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I only drink decent beer. So 1kg of cheese == 6 bottles of Monteiths Black !!



   
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anything imported, guns, generators, tinned food, water, diesel and gold.



   
 mboy
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Drac - Member

Mortgage twice as much, that would take a huge hike in interest rates.

In fact anything 100% more than now is unlikely.

And that won't happen why?

Lovely as the low interest rate may be for those of you home owners out there right now, rules of the world are what goes down, must come back up! Sad I know, especially for us Mountain Bikers, but it's ultimately very true. I predict that within 12 months we will see the interest rate go past 3.5% (probably doubling most people's mortgage payments), and within 2 years it will past 6%. Sorry to be a big nay sayer, but hopefully we'll get some well needed inflation to go with it.

And unless the £ recovers significantly (we have spent a VERY long time getting used to it being very strong, which has been great for imports) we will start paying ridiculous amounts for anything imported. RRP of Shimano stuff has already gone up about 60% in total over the space of about 2 months, that's just the start! Maybe, just maybe, this will kick start the manufacturing industry in this country to get making stuff again! I'm sure the likes of Hope and Middleburn are already benefiting from the weak £ in terms of their export markets.

AlasdairMc - Member

Anything in Zimbabwe

Sorry, anything in Zimbabwe has already doubled in price about 10 times over just in the length of time it took me to write this reply! 😕



   
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mboy, is it being so cheerful that keeps you going?

I don't happen to agree with your predictions that we will fly out of recession that quickly to generate the kind of interest rates you are talking about. The upside is that if we did, the recession will be much shorter and less painful than predicted



   
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Depends really... if we are heading into a global depression then I think everything is going to be half the price this time next year... but none of us will have any jobs so it will be kind of a moot point!



   
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Hopefully all my shares that i've just bought 😯



   
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My money is on:

Beer/booze is a safe bet to be double, as if the recession keeps biting the Govt. won't want large amounts of the population to have access to cheap booze for obvious reasons. So with tax raises and a halt to 2 for 1 offers, that should bring the price back up.

Unemployment/Salary/Home insurance.

some mobile phones



   
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Tesco value malt loaf.

Was 18p in December, It's now 28p!