People need to start getting ready for the worst as the global economy heads south.
In the April 7 episode of “The Late Prepper,” host JD Rucker discussed the importance of prepping. While most people would not be convinced about prepping until necessary, Rucker said things are already getting bad now. “And it’s going to be potentially irreversibly bad here in less than one year,” he said.
He also shared an article from Michael Schneider of the “Economic Collapse Blog,” who has been prepping for years. But while Schneider has been going on and on about such collapse for a long time, Rucker believes that it is now imminent.
According to Schneider’s piece, experts are now telling people that the global shortage of fertilizer could result in horrifying famines all over the world, and to a large extent.
While Americans are still eating food from 2021, economists are already talking about food shortages. However, this is not always apparent because supermarkets and groceries still have supplies, from chips to meat, milk and eggs. Looking at the stores, things don’t seem drastic – at least, not yet.
Prices are going up, but it’s not economic collapse – at least, not yet.
However, food yield is low, and there are farms that cannot put out their crops because of the fertilizer prices going up. It is not cost-effective and farmers are likely to lose money if they try to grow the crops and sell them. This is unfortunately going across the board. (Related: 12 Signs that food shortages are already here.)
Disruption in exports continue
The disruption in export flows resulting from the Russian invasion of Ukraine, followed by international sanctions against Russia has spurred fears of the global hunger crisis, especially in the Middle East and Africa, where its effects are already playing out.
Russia and Ukraine’s vast grain-growing regions are among the world’s top producers of major commodities such as wheat, vegetable oil and corn, with their prices reaching the highest levels ever in March.
Ukrainian ports have been blocked by the Russians and there are concerns about the harvests this year as the war rages on during sowing season. Meanwhile, the United Nations (UN) Food and Agriculture Organization (FAO) said the Food Price Index, which tracks monthly changes in international prices for a basket of commodities, averaged 159.3 points last month and up 12.6 percent from February. (Related: Farming insider warns upcoming food shortages will be FAR WORSE than expected.)
The FAO said the war in Ukraine is largely responsible for the 17.1 percent rise in grains, wheat, oats, barley and corn as the warring countries account for approximately 30 and 20 percent of global wheat and corn exports.
The biggest price increase so far was for vegetable oils, of which the price index rose by 23.3 percent and was driven by higher quotations for sunflower seed oil that is used for cooking: Ukraine is the world’s leading exporter of sunflower oil, and Russia is second.
UN Secretary-General Antonio Guterres warned that the war is impacting the most vulnerable people because of the disruption of the “breadbasket” of the world. He said the sword of Damocles hangs over the global economy, especially in the developing world and that the UN must do everything possible to avert hunger and the meltdown of the global food system.
With the lack of fertilizer meaning far less food being grown in 2022, the war between Russia and Ukraine certainly took things to the next level. Global hunger has already grown in 2020 and 2021 due to the pandemic, what will happen in the months ahead will be completely unlike anything that the world has dealt with in the past.
Follow Collapse.news for more information about the global food and economic crisis.
Watch the video below for more information about food shortages and “The Great Reset.”
This video is from the JD Rucker channel on Brighteon.com.
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