TOKYO: Rice prices in Japan soared 99.2 per cent in June year-on-year, official data showed Friday (Jul 18), piling further pressure on Prime Minister Shigeru Ishiba ahead of elections this weekend. Public support for Ishiba's administration has

cross-posted from: https://lemmy.zip/post/44265100

Public support for Ishiba’s administration has tumbled to its lowest level since he took office in October, partly because of frustration over the cost of living.

  • some_guy@lemmy.sdf.orgEnglish
    53·
    7 days ago

    Worldwide, we’re seeing the collapse of “friendly” capitalism. The idea that the system could be anything but brutal is ending as prices go up, corporations prioritize growth, and what the consumer gets is whittled down. Prepare for everything to suck more every year until you die.