Monday, April 11, 2022

It's too bad we have such a weak resident in the White House

 Someone else might have known how to get arms to President Zelenskyy so the Ukrainians could fight and farm.

From an investment newsletter: "

There is going to be a worldwide food crisis, but Wall St is just not recognizing it even though it has been very clearly forecast for weeks. There is no avoiding it. Fertilizer is simply not sufficiently available, or costs far too much, and Ukrainian and Russian wheat and corn and sunflower oil are not going to be available. Many less developed nations like Egypt and others in that region and southeast Asia are already having to spend subsidies they cannot afford. There are already some disturbances in Peru, Sri Lanka and Zimbabwe that will grow to be riots as food prices climb and shortages become apparent. These countries do not have the ability to continue the subsides for as long as they will be required. Trouble ahead. Other commodities are also headed up. There is no avoiding higher inflation for the next couple of months.

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