RE: RE: Cost of Living Crisis – A Collection of Symptoms caused by Serious Long-term Political Failure
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RE: Cost of Living Crisis – A Collection of Symptoms caused by Serious Long-term Political Failure

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4y

It was nice to see that you used the UK as a case study. The reality of this situation is that it might even be more in places like Nigeria where the major cost of living crises, is the inability of government to spot the loopholes and make the right economic policies. These boils down to the fact the government and the parastatals involved lacks governing skills and the main reasons why they're in power is the ability to lobby people into voting political parties rather than competence. This incompetence caused by the ruling class is why there's lack of unemployment and the of course the inflation rate is so high that people earning overtime, the currency losses it's purchasing power, meaning that people would need to earn more to even purchase what they used to.

It's a pathetic situation. In Nigeria, people cannot protest, it leads to rebuff and police brutality, but then I agree with a lot of other measures you've suggested here. I think African countries are quite worse, especially with the inflation rate

tipu@tipu curate

@josediccus: It was nice to | Ecency