The price of power in Europe’s two key markets surged more than 25% in one day in August. The higher energy costs rise, the higher goes prices of fertilizers. Mix that with severe shortages of both. No other way of calling this but a disaster for the agricultural sector and thus our collective bellies.
“A food shortage is staring us down like an oncoming train, and it can only resolve itself through higher prices (and smaller portions). Famine is a realistic scenario in the poorest countries. The perfect storm is in plain sight. It takes time to work through the system, a growing season at a minimum. Things may seem okay today, but the train has left the station,” writes the BadDaddy.
He is not kidding, and with the suffering and starvation, you better start hoping that these escalating plagues do not reach your house, but they will reach billions. Prices of food are about to go ballistic. There is no way the Federal Reserve will get control of the most crucial of all inflations.
Food and energy are tied together in a spiraling death dance. The latest blow was on the 23rd of August when the second biggest producer of mineral fertilizers in the European Union had to shut down production of nitrogen fertilizers and trimmed output of ammonia because of record gas prices.
And would you believe it, only two days later, in the United States, there was a fire at the biggest Midwest refinery threatening fuel supplies right at the beginning of harvest season. The federal government has already declared an emergency in four states. A prolonged shutdown of the plant, which supplies gasoline, diesel, and jet fuel to most of the region’s major distribution centers, could tighten fuel markets just as farmers in the nation’s breadbasket prepare for harvesting season
The future is welling up on us like a tsunami, but it is still over the horizon for most. Although most minds are still conditioned to the grand lies of man-made global warming, there is not a soul on the planet that doubts that the entire northern hemisphere is heading to cooling and eventually cold weather this winter. Unfortunately, predictions are for a colder than usual winter, meaning it will take more money to keep warm.
“Central Banks Are In Shock Their Households Are Too Hot, Soon To Be Too Cold And Too Hungry.” Extreme heat is slamming the world’s three biggest economies all at once. However, no matter how hot its been, people and governments are concerned about the coming winter.
A survey by the Farm Bureau found farmers expect average crop yields to be down 38% this year, with two-thirds reporting a reduction in livestock, herd sizes falling by a similar 36%. Is anyone doing the math? How many will starve? How many will be able to afford enough food to eat? Supply goes down; prices go up, the old supply and demand equation from Economics 101.
With Europen crops damaged by summerlong heatwaves and Argentina hit by drought, an underwhelming size of North America’s crops could result in shortfalls globally next year. Corn futures in Chicago rose to a six-week high last Tuesday as crop tours show much of the Western crop belt is plagued with drought conditions, especially in parts of Nebraska and South Dakota where plants aren’t producing ears of grain. And extreme drought threatens Italy’s rice crops—and its beloved risotto.
What Are The Odds? The U.S., Europe, Africa, And China
Are All Simultaneously Experiencing Droughts Of Epic Proportions
The result of worsening drought conditions means less food. China’s water crisis is getting worse – and is now on the ‘brink of catastrophe‘ and could trigger a global catastrophe, according to Foreign Affairs.
“Our global society can be quite resilient to one or two droughts, but not if it hits multiple bread basket regions simultaneously on different continents. If too many bread basket regions do not get rain, there’s no ability to innovate our way out of that situation. When that happens, social unrest can be rapid – and if enough of the fossil fuel supply chains get disrupted, even for 2-3 weeks, that’s game over.”
Can Afford to Keep Warm?
With French and German 1-year ahead baseload electricity prices hitting levels, only a handful of Europeans can afford power in one year. So for many, if you want to survive this winter, it is time to start paying attention to the unholy alliance of rising energy prices, food shortages, and the coming of a winter that will go down in infamy. It was the 24th of August, and we already had summer snow and record cold in the northern and southern hemispheres.
Germany has said it will prioritize coal trains over passenger services on its rail network as it desperately attempts to undo absurd climate policies that are now threatening its economy and citizens’ safety.
In the U.K., based on Bank of England (BOE) forecasts, energy bills will soon be equivalent to two full months of average take-home pay. Households will likely see the average electricity and natural gas bill climb to £4,400 ($5,370) a year in the first half of 2023.
Many are about to be smacked out of their comfort zones because most people will not be able to afford to cool and heat. And those who survive the coming winter with grace will be facing a cooling planet, not a baking one.
And worse, in some places, energy might become unavailable at any price for short periods. And the data for crops are coming in, and it is so staggering — yields so reduced — losses can no longer be hidden. Also, note that they are shifting the narrative to blame climate change, as the FOOD SHORTAGES will be how they justify the zero-carbon CLIMATE totalitarianism.
Up to half of the crops in parts of the German state of Baden-Württemberg are likely to be lost due to drought, farmers in the region have claimed, with problems to do with the prices of fuel, fertilizer, and pesticides connected to the green agenda and war in Ukraine also reportedly causing problems for those in the region. The severe lack of rainfall has led farmers to fear that the likes of maize, sugar beet, potato, and soybean crops could see losses of up to 50%.
Wokeness Has Led To Climate Insanity
Saskatchewan warns Trudeau’s federal
Nitrogen agents could be arrested.
The true cost of wokeness is foolishness, which leads to wrong decisions and actions that are not sustainable. For example, in Germany, where they shut down their nuclear reactors on misguided environmental concerns, the citizenry is now looking at chopping down trees and burning the wood to remain warm this winter.
Driven by the imminent energy crisis accelerating across Europe
and policymakers’ refusal to acquiesce because “we have to
save democracy in Ukraine,” the German paper
industry is warning of supply bottlenecks for toilet paper.
In just two years, the number of people facing, or at risk of,
acute food insecurity increased from 135 million in 53
countries pre-pandemic to 345 million in 82 countries today.
Sri Lanka, which embarked on a WEF-inspired campaign of “sustainable” farming and stakeholder capitalism, collapsed into anarchy as rioters stormed the presidential palace and drove the government into exile.
Liberal-run cities and states across the U.S. are facing a mass exodus of citizens, capital, and tax revenue as their socially motivated policies like “defund the police” cause them to descend into chaos and criminality.
Political leaders everywhere look more out of touch than ever as they try to run economies and respond to geo-political events with unhinged platitudes leading quickly to a condition called climate insanity. So, where are psychologists when you need them? Their textbooks need to be updated. It is insane to lie about something as crucial as Nature and to deceive the entire human race about us living on a frying pan when we are being shoved into a freezer.
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