Curry and The Economist
Oct 24th, 2008 by kfisher
I began reading an article in The Economist about the impact of the financial crisis in West Asia. As I continuously found the text more tedious, my mind began to wonder away from the jibberjabber on the page and focus more on the every day impact.
I recalled the other day, a friend of mine, another poor student, was complaining about the expense of a jar of curry he’d bought from the local supermarket. The product had cost him 26p, which one would generally assume was a cheap price for a branded product, which companies could easily charge a couple of pounds for.
Given my blank expression on how on Earth he could think this was expensive, he explained how weeks before he’d purchased the exact same product for just 5p! It was at this moment when it hit us that, yes, the credit crunch is here and yes, it does directly affect us. This single jar of curry had been marked up by 21p; that’s an increase of over 300%!
If this was true for your whole shopping list, then the total cost would be so horrendous that I dread to think about it in terms of monetary value. The scary thruth is that this is accurate; perhaps not to such an extreme, but at least to some degree.
By Kimberly Fisher
