- Britain is in the midst of a "Cost of Living Crisis"
- The huge spike in the wholesale cost of natural gas is the cause
- Vladimir Putin's murderous invasion of Ukraine is the source
The truth is that the current crisis is not caused by the war in Ukraine and is neither unexpected nor unforeseen. In April 2020, as governments around the world shut down their economies to deal with COVID-19, we interviewed 2 economic commentators who are regulars on TRIGGERnometry: Dr Pippa Malmgren and Jim Rickards. When asked what the effects of the lockdowns and associated policies would be, both were unequivocal: inflation.
According to the Government's own estimates, COVID-related policies cost this country between £310 billion and £410 billion, the equivalent of between £4,600 and £6,100 per person and more than a third of the UK's annual budget (£1.1 trillion).













Comment: Footage of the protests from Twitter:
And just as an example of the global nature of these protests (although particularly acute in the West), here's some footage from recent and ongoing protests in Germany: