Following the US-Israeli strikes on Iran, gas prices, grocery bills and mortgage rates have all climbed

The US-Israel war against Iran has sent shockwaves through global markets, leaving many Americans grappling with a growing financial squeeze on everyday living costs.

Following the US-Israeli strikes on Iran – prompting retaliatory attacks on US allies in the region and Iran’s decision to close the Strait of Hormuz, a critical maritime passage – costs have surged across the US. Gas prices, in particular, have spiked sharply, with the national average rising by roughly 30% over the past month. Grocery bills, mortgage rates and fertilizer costs have also climbed.

Now, many Americans are being forced to reassess their finances and cut back drastically on basic necessities such as food, clothing and electricity.

    • Aceticon@lemmy.dbzer0.com
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      1 day ago

      Which is why the massive Propaganda programs distracting people away from those who are to blame for all this shit by, for example promoting Nationalism and blaming the immigrants, exist and in some countries have taken over all of the traditional Press and most of the messaging in non-traditional media such as Social Media.

      Those who have most of the power will always chose to put money into brainwashing the masses, early detection and suppression of seeds of rebelion and buying politicians since that’s far more profitable for them than, say, pay sufficient taxes and salaries so that the life of the many is improved.

      This is why so much of the Press is now Propaganda (either overtly so or using Manufacturing Consent techniques), so many of the supposed Representatives of voters only represent an tiny fraction of people and governments in supposed Democracies keep pushing for the kind of civil society surveillance that would make the likes of the Stasi green with envy.

      Things will get much, much worse, before they either crack into Rebellion or Democratic systems are subverted into extreme repressive Authoritarianian systems.

      Personally, looking at the World now, I fear the US will end up in Authoritarianism, as will part of Europe.

    • UnderpantsWeevil@lemmy.world
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      2 days ago

      Sometimes, rebellion. Other times, reactionary pogrom.

      The Russian mass murder of Moscow Jews under the younger brother of the Czar came about due to a global energy crisis. Japan’s invasion and genocide within China and Korea, too.

    • flandish@lemmy.world
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      2 days ago

      for sure. but i feel the current era’s owning class knows how to ebb/flow the troubles just enough to keep real rebellion away. :(