Australia is over 200x the size of the Netherlands. What works in the Netherlands doesn’t necessarily work in Australia.
My drive to work is an hour. If I was to catch public transport it would take 2.5 hours. If I was to ride a bike to work I’d be on a bike for the 16 hours a day that I’m not at work.
“Prices of everything to rise by ~2% in Australia by October”
They’re not. In fact we often pay less than the US after factoring in exchange rate and the fact that a USD$70 game doesn’t include sales tax.
This is good on paper, but all it means is retailers will add the fee on to the price, increasing prices across the board.
I never implied everyone starts over.
No, not everyone loses all of their money during a recession. The end result of a much needed recession would be prices across the board being much more affordable again. It wouldn’t be painless, but without a recession there’s literally no end in sight to the pain. The poorest will keep getting worse and worse off, but so will the people above them, and above them. The only ones who don’t notice are the 1%. Even those on 200k are hurting with prices where they are now. $100k 5 years ago was a great wage. Now it’s pretty much the bare minimum to not be living in poverty.
Where’s your proof?
My evidence would be the absolutely massive and widespread adoption of all things AI. Yours would be…..?
Apart from that being literally what it means, sure, it’s nonsense.
Just ask Hamas and any Palestinians and they’ll literally tell you. The only people pretending it doesn’t mean that are bleeding heart “progressives”.
Who makes the minimum wage legislation?
We definitely aren’t.
Supply hasn’t changed, nor has demand.
Also 90% of Lemmy thinks that supply and demand doesn’t have any effect on prices lol
What other action do you think they could take?
When I go to visit one of my good mates the round trip is longer than driving the entire size of your country from top to bottom.
As a European you need to stop thinking that every country is as tiny as yours.