Posted on 05/18/2022 7:58:34 AM PDT by Roman_War_Criminal
Andrew Bailey said he has “run out of horsemen” when counting the shocks facing Britain, with runaway energy and food costs driven by global market forces beyond his control.
Prices are rising at the fastest rate in 30 years, creating a “very big income shock” that is expected to intensify in coming months with a risk of double-digit inflation before the end of the year.
Mr Bailey told MPs on the Treasury Select Committee that he is increasingly concerned about a further surge in food costs if Ukraine, a major crop grower, is unable to ship wheat and cooking oils from its warehouses because of a Russian blockade.
The Governor said that he had spoken to Ukraine’s finance minister and added: “The [risk] I’m going to sound rather apocalyptic about I guess is food.
“Ukraine does have food in store but it can’t get it out at the moment. While [the finance minister] was optimistic about crop planting, he said at the moment we have no way of shipping it out as things stand, and it is getting worse.
“That is a major worry. It is not just a major worry for this country, it is a major worry for the developing world.
“I am by no stretch of the imagination a military strategist, but whatever can be done to help Ukraine get its food out would be a huge contribution.”
(Excerpt) Read more at strangesounds.org ...
apparently everyone will be out of food and baby formula soon, except for the illegal alien invaders at the border which will be supplied all they need of both.
Should we be hoarding?
Democrats(666) steal an election and the world comes to an end
Bailey is correct about looming food shortages. But he’s also the guy who recently advised workers not to ask for raises. Bailey is very well-paid, and he kind of ruined his credibility there. If they can’t afford bread, let them eat cake, eh Mr. Bailey?
Like Covid? Everything’s a crisis. My sis has 4 kids. Every day is a crisis.
Plant fruit and nut trees... hoarding is waaaaaay too temporary.
> Should we be hoarding? <
Some people who were caught in the middle of the Kosovo war said that the thing they valued most was Dinty Moore Beef Stew.
Just something to think about.
Incredible how quickly things went bad.
We told everyone.
Nah, they’re brilliant!
The solutions are simple and obvious. Simply get the govt out of the way and some entrepreneur will produce fertilizer. Have the USA start pumping oil again. We have more than the rest of the world combined. But as we’ve seen with the baby formula, the govt’s viciousness and incompetence ruins everything.
Record wheat crops in Russia, but that is Putin grain and nobody is not allowed to have any.
And burn coal to make electricity. It can be done very cleanly. Just ignore all the bogus and fictitious “atmospheric CO2” crap.
Russia is now awash in plentiful oil and natural gas. Despite “the sanctions” 80% of the world is still buying from them and paying three times what they were. They have even managed to force their customers to pay in Rubles instead of dollars. The Russians also have huge amounts of surplus food that they are able to sell at much higher prices as well. The $40 Billion is just going to end up in the hands of the corrupt regime who will bug out when the time is right. Minus 10% for the big guy of course. What a joke!
Prepping, since 9-11-01.
Yeah , good idea!
But beware of the dreaded peach tree borer insects.
Those things killed my peach trees a number of years back.
They were producing good peaches, too.
Bummed me out.
But the blueberry bushes are fine, luckily.
“Dinty Moore Beef Stew”
I have tins down in the basement on the 17 prepper stock shelf units. We used to eat it the BSA Summer Camp, back in the 50s; pretty good stuff.
At the local Kroger there was not a lot of vegetable oil to be had.
Sunflower oil was nowhere to be found. Most of it is produced in Ukraine, some in Russia, Argentina and Hungary.
You can get peanut oil and some corn oil.
Incompetence has nothing to do with anything happening. Everyone should know by now all is deliberate, on purpose and by design. New world order globalist overlords want this! They aren’t hiding it anymore.
We have citrus greening in my part of the county. Bad stuff...
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