The point is about the causes of the recent inflation spike. The cost of everything going up in the last few years. The cause was not because workers wanted more money but due to companies wanting more profits, and just blaming covid or the war etc



as you can see here, what caused inflation

the corporate profits jumped from 11.4% to 53.9% in the 18 months compared to the past 40 years
yet wages share decreased from 61.8% to 7.9%

in short the recent inflation happened due to companies saw it as the perfect oportunity to raise prices and go "Oh we wanted to keep them low but covid etc made us increase the prices our hands were tied sorry" but the data doesnt show this, they were just profitting


eg as vinnie saiz mcdonalds, you can see slow growth from 2011 -> 2019 (then covid) and then bang! profits took off (in red). Now if this was due to them paying their workers more then this wouldn't happen, you may see it more in revenue.

McDonald's Annual Gross Profit(Millions of US $)
2023 $14,563
2022 $13,207
2021 $12,580
2020 $9,752 <- covid hence the drop

2019 $11,179
2018 $10,833
2017 $10,621
2016 $10,205
2015 $9,789
2014 $10,456
2013 $10,903
2012 $10,816
2011 $10,687

Basically look at most companies they tell a similar story over the last few years

A lot of western governments impossed windfall taxes on the companies cause they knew what they were doing. Though the US governemtn didn't fuck Biden.
Now Companies think they can just keep on doing this, raise the prices and the ppl will pay and not complain, like the good little sheep they are.

yeah ppl over there know that mcdonald's workers wages doubled


Mate - memory is fallible, look up actually data, don't trust your heart, don't trust the propaganda you read. USA media for news in the main is terrible (some of the NPR stuff is OK I admit) but its literally aimed at ppl with IQs less than 80.
Don't even trust yourself, check the sources, are they reliable, are you relaible, you might of think it just happened, but did it. eg Think of the time Oh person X died 2 years ago, but you look up and see it was actually 10 years ago, doubt everything, check the sources
blah blah.
PS - happy birthday old man

feck off, who the fuck do you think you are father jack.

This shows the main cause of the food price surge was corporate profits, companies saw covid and ukraine war as an excuse to jack up prices.
(and yes it was worse here in spain than the USA, so I know mate even worse)
You don't believe me, explain the following then?



If you have any data that shows the otherwise then show it.


BTW inflation was no where as near as bad as the 70s (mainly due to the oil crisis) https://www.usinflationcalculator.com/inflation/food-inflation-in-the-united-states/

Now could Biden of done something better?
Yes most likely he should of done a greed tax on the companies making record profits like other countries did, would Trump done this?
Ha ha ha, tears of laughter Trump/Republicans Who are they going to side with, Companies or the People.
Really is this even up for debate.

Isn't one of Trumps new promises is to cut company taxes even more?
https://www.foxnews.com/politics/trump-vows-cut-business-tax-rate-15-create-government-efficiency-commission-led-elon-musk

Heres the guy from Texas/Cancun from a couple of days ago
https://arstechnica.com/tech-policy/2024/11/ted-cruz-wants-to-overhaul-42b-broadband-program-nix-low-cost-requirement/
i.e. companies should be able to charge as much as they want, fuck consumers.


Heres the main story on bbc today

https://www.bbc.com/news/articles/cvg7y52n411o
Who pays these Tariffs?
American business's do which in turn pass these Tariffs onto USA citizens.
Expect things to get a lot more expensive, like I said a while ago, if you're thinking of buying something, do it now before Trump gets in


Personally I don't think Trump will do much, same with the deportations, he'll do some high profile things at the start with a lot of press coverage and then silently drop them after a couple of months

more ozzie exploits - seeing the korea news reminds me of this time in oz
where I had this korean guy that wanted to shag me (weird guy) big guy like 1.87m or so called brian (named after brian may) he couldnt speak english, but he would put his hand on my knee going to work, or invite me into the shower with him, he moved his bunk under mine, he couldn't speak english, so I tried to explain but he just nodded and such and I jjust gave up, well he's harmless and TBH it was amusing.
I forget the town (I'll remember later) central queensland on the coast, ayr maybe

I remember one time I caugfht a brown snake and was holding it by its tail at work, just for myself, I wasn't showing anyone, so anyways I throw it down after maybe 30 secs, after it stoppped trying to reach up and bite me (baby only like 30cm long) but as soon as I do this he fuckin picks it up (he didnt get bittne though) the boss's retard comes over and kills it with caneknife saying very bad very dangerous etc. Fuck that boss was a nut, 70+ years old, perv, would spend all day in the pub (but you never saw him drunk) employed like 80% beautiful women, I remember like day 4 or so working for him, he fired everyone except me and a couple of ppl, anyways he's on the blower like 10 minutes later, so I'm working half an hour later, next minute 5 literal goddesses are wandering to me in the mist, like something out of a film.
turns out he only really employed young backpacker women (his excuse was cause they are more delicate with their hands, but the reason was he was just a perv)
hes dead now, I remember reading this like 10 years ago .. I forget his name, Martin - Marty (yeah I'll goolge later)
yeah big glasses , short shorts always rolling a cigarette (weared a cap cause he was bald) he said he looked like sean connery (I admit a little) but fuck, he lived in a caravan, and usually had one of the "girls" living with him - Im like theres a 50 years age difference.
I saw him about a year later somewhere else (actually related to what I was saying earlier)
-Ha back to korean guy, he had a "girlfriend" in another backpackers

Though it was obvious he had no interest in her (cause he was as gay as)
Fuck I got banned from that backpackers/pub now I think of it. I remember now, its like, I think I came any pissed there as some political statement or some nonesnse, anyways the next day at work one of the girls (black englsih girl that fancied me and me her, but we never done anything the whole 3 months we were together) anyways about 2 hours into the work day she comes up and saiz zed, you've been banned from our backpackers, I thought she was joking and thought that for like an hour or so, and then Im like memory snatches come back, oh OK yes I sorta remember that last night.
Anyways maybe a week or so later, I dressed up in blackface (there are photos - which would get me cancelled) with afro etc and went there had a beer etc, I have to say you could not recognize me it was a good disguise even though I looked completed fake.

Saw this on the news a couple of years ago
https://www.news.com.au/travel/travel-updates/an-inferno-felt-down-the-street-has-razed-an-iconic-qld-hostel-and-pub/news-story/869e306cb5f7f0c620bd36cf6e29d7bf
I was one of the first "residents" 1993 I think (maybe 94 but I think it was 93) owned by a kiwi, I remember it was $60oz for me (everyone else had to pay $70) cause we were first served he decided to keep the price constant. Hes dead now, - it was him and his kiwi mate and they had a ozzie wife. It was some love triangle I never really understood.
Ha it was special price for me and my UK mate from essex - I meet him in that town, I had know him in NZ hastings and somewhere else, anyways Im in OZ hear this voice, Im like Hmmm I know that voice, hes not even surprised "Oh hi zed"

I remember we bought a car in bundesberg for $50 cause we were going sapphire hunting in emerald (dont ask) anyways after a couple of weeks we had to get towed back, by a pedophile (I can remember one night in hotel, We were drunk and my mate likes young girls, he was like 27 which seemed so old to me then but anyways TBH I was never comfortable with him talking to 16-17 yr old girls, Im like 22 & thinking they are too young for me)
anyways on this grass this guy is going 12 yr old girls - Im like heres where I check out - thanks for the tow , even ol mate is starting to get uncomfrtable. fuck that trip I remember I didnt take toothbrush, didnt brush my teeth for 2 weeks, a lot of my teeth probs come from this I think.
Speaking of hostel fires there I stayed in the other one near there Childers
https://en.wikipedia.org/wiki/Childers_Palace_Backpackers_Hostel_fire
shagged some such girl whilst I was there (maybe 3 weeks), funny thing is she ghosted me afterwards - cause I think she was feeling guilt of having a boyfriend

ha ha WTF

thats a classy painting

WTF are you on about - be specific
like I said I'll take a bullet for you (offer still stands) but fuck mate WTF are you on about - good to see you back, meds kicking in

( the korean guy) perhaps - A thing lost in translation maybe, but he got the idea quick


- when I was in Ukraine first or 2nd time (during this war) I met korean guy, he was retreating cause he was injured, I can remember him saying to me, If I go back I get arrested - he was really stressing out about this, not his arm injury but his family and all this shit. Now I think about it , It must of been in initial phase --- that is nuts to me I dont understand - I have a real strong sense of honor, but not for country, my sense is to do right (fuck my country) always do right - this way you can sleep at night, dont do an alternative reality trump shit, cause in your heart how can you sleep at night, you only have one life

I think I posrted this before
https://x.com/zedzeek/status/1509542525543104523I think this guys from birmingham (correct me if Im wrong markus) we were taking a train back from kyiv (it was free, as it was anarchy, but fuck they wanted money from us for coffe later on, I dont think I paid but I didnt fight anyone, he was still in shock of his comrades getting wiped out a couple of weeks ago earlier "he had just left like 5 hours before" )
-- I can say this now since its 2 years, but it really left him shaken, just escaping deathb by a few hours.
war is not good.
I met a lot of yanks going in at the start (Call of duty vibes etc, though TBH none I met were like let me at em, they were all nervous as fuck, but their inital thpoughts were thinking it would be easy like iraq, afganistan)
most left early.
The whole thing is fucked, I have said this before but it really is so

This thing today with korea (which will end soon I think) is just the new normal, it is what the USA voted for --- chaos ----
when a nuke explodes in texas(*) let me be the first to say "thoughts and prayers" but at least its what you voted for/wanted

(*)personally I think it will be utah or new mexico etc but we will see.
Chaos is coming, the US populace want it (even though they can't handle it)