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March 25, 2022
Biden: Gird Your Loins, The World Is About To Experience Food Shortages And UnrestThat's our Biden. When the covid panic hoarding first hit, Biden rushed out to claim it was Trump's fault. What do you think the chances are that he says the current and future food shortages are a "leadership problem"? Oh wait, he'll say Putin is a leader. But then, maybe if he and the Foreign Policy Blob hadn't encouraged Ukraine to act as if it were already a NATO country, maybe if he hadn't then invited Putin to mount a "minor incursion" (adding that he didn't want to get into a debate about what "minor incursion " might mean!), then we wouldn't be faced with the situation of an area which produces one third of the world's wheat being at war. Ukraine is not going to be able to plant much wheat. Russia will be able to plant wheat, but... a large part of the world has banned the purchase of Russian products. I was speaking with Kyle Shideler a few weeks ago, who predicted that this would be very disruptive around the world. He said something like, "The price of wheat going up 25% doesn't just create hunger. It creates revolutions." Governments around the world will be falling, violently, as the populace goes hungry. Western countries will just see hunger, stress, diminishment of the standard of living, and misery. But developing countries will see unrest, rioting, and coups. Biden warns food shortages are 'going to be real' across the globe because of Putin invading the world's 'breadbasket' Ukraine This is potentially a huge disaster all its own: Russia is also one of the world's largest suppliers of fertiliser - prices of which had already spiked last year, contributing to a 30% increase in world food prices and a related increase in global hunger levels. Isn't globalization great? Isn't it wonderful that we're now all interconnected in one big "Global Community"? Meanwhile, the Biden Administration said this about Ukranian refugees:
Of course! The Democrat voters. Get them all over here. And apparently the solution to this world chaos will be the US spending more billions and trillions. The CEO of Agco agrees: Brandon's coming disaster is a "really big deal." Diminished food supply resulting from Russia's invasion of Ukraine has potential consequences beyond empty stomachs, Agco chief executive Eric Hansotia told CNBC's Jim Cramer on Thursday. Yeah I already heard that from Kyle. What else ya got? y. According to Hansotia, about "13% of the global calories came out of production" when Russian and Ukrainian borders shut down. Over one eighth of the world's total calories come from this region?! That's a dramatic way to imagine the sudden food shortage the world is about to experience. Also keep in mind that we feed cows and pigs and chickens these agricultural products, so their prices are going up, too. And this is on top of the Bidenflation, which is now forecasted to last... three years. Think of how much everyone's savings will diminish after three years of 10% inflation. Fed Chairman Jerome Powell says: Gird your loins. His declaration that he expects it will take three years to bring inflation, currently at 7.9% annually, its highest rate in four decades, back to a normal level. "The inflation outlook has deteriorated significantly this year, even before Russia's invasion of Ukraine," Powell told the National Association for Business Economics. "The rise in inflation has been much greater and more persistent than forecasters generally expected."
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