GOT BREAD?

This is a 13 year chart of the cost of wheat. The Ukraine and Russia supply about 40% of the world’s wheat, and the vast majority of wheat for the Middle East and Africa. The price is now up 100% since Dementia Joe was propped up as president. Notice 2012 when it hit its previous high. When that happened, turmoil and revolution started across the Middle East and Africa.

The price is now 33% higher than 2012. The food riots in Sri Lanka this past week are just the beginning. When people begin to starve, law and order breaks down. When people have nothing to lose, they lose it. Is this coming to America when the diesel runs out and temperatures hit 100? With Biden instigating race wars, it looks to be an interesting summer. Fourth Turnings bring this out in people.

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THE NATIVES ARE GETTING RESTLESS

Submitted by Hardscrabble Farmer

Via ZeroHedge

Food Riots In Sri Lanka Turn Deadly As Protesters Beat Up Police, Burn Down Politicians’ Houses

Two months ago, we noted the first Arab Spring 2.0 incident when, as a result of soaring food, energy (and everything else) prices, thousands of angry Iraqis took to the street to protest. Needless to say, their complaints did not get much traction, and in the meantime food prices have only exploded to fresh record highs, far surpassing the levels hit in 2011 when riots against, you guessed it, food prices toppled most MENA political regimes (not without some CIA backing).

Continue reading “THE NATIVES ARE GETTING RESTLESS”

Where Will The Food Riots Start?

Via ZeroHedge

Global food prices have never risen so fast and have never been so high, and as have detailed multiple times in recent months (as this is not simply a one-month, ‘blame it on Putin’ crisis), most recently here, the pieces are in place for some serious tears to form in the social fabric of many nations.

While food prices may be generally seen as an emerging market problem, they will have an effect on developed markets too, something we will see in the upcoming French election.

And as the following table from Bloomberg Economics shows, while Pakistan is already in the midst of a political crisis and Egypt is already coming under financial pressure (along with Peru and Sri Lanka), the surge in food prices is also adding to problems in the developed world.

Nigeria, India, Colombia, Philippines, and Turkey all bear watching, along with Russia…

Continue reading “Where Will The Food Riots Start?”