Is it just me or people are out of liquidity ( money ) ?
From what i see : market , malls etc no people,or if they buy something...they buy basic stuff... in my area ...slow biz ...same in your country ?
In my country the same thing happened, the mall was quiet, automatic sales dropped because of the pandemic that happened for almost 2 years, people only bought basic needs and it was only for daily needs, of course not everyone was affected or ran out of money during the pandemic because many people actually increased their wealth such as the production of foodstuffs, instant noodles and so on.
All this has a normal and simple explanation, and that is that inflation is wreaking havoc, in the case of particular economies of nations, which were quite stable, let's say the case of Colombia that never reflected high inflation rates, now they currently manage inflation above 8% and this is something alarming, alarming because they increased wages and by raising wages they generated more inflation, so it could be said that for the first quarter of a country that depends almost on its own production is in trouble, people They don't have enough money and the cost of everything increased, this suffocates, but if we see the core of this, it comes from the fact that the USA also has inflation and this inflation is disguised, why? because the US government lives off the debt it maintains with other countries, so due to its hegemony, it is not noticeable, but there will come a time when it will not take it anymore and the economy will have an impressive decline, the war that currently exists can speed up.
