German Retailers To Increase Food Prices By 20-50% On Monday
on Monday, Germany will take one step toward a return of the dreaded Weimar hyperinflation, when according to the German Retail Association (HDE), consumers should prepare for another wave of price hikes for everyday goods and groceries with Reuters reporting that prices at German retail chains will explode between 20 and 50%:
Though price increases are a worry for Germany’s hard-hit consumers, industry experts don’t expect there to be a lack of products on the shelves anytime soon. Which, of course, is to be expected when prices surge so high far fewer can afford to buy products.
According to Joachim Rukwied, president of the farming association, the food supply in Germany is assured for at least another year – though after this the forecasts are less certain. With rumors of shortages swirling around, however, supermarket owners have been complaining of the sort of panic-buying not seen since the first months of pandemic.
As previously noted, German supermarkets have even started limiting the purchase of cooking oils and flour in particular to prevent a mad rush to stock up on items that customers believe will run out. In other words, limit the sale of those products which are in highest demand, also known as a “brilliant strategy.”
And now that everyday food product prices are about to surge as much as 50%, it will be interesting to watch how much longer the German population will condone a NATO stance that has been seeking to stoke and perpetuate the war in Ukraine.
https://www.zerohedge.com/markets/german-retailers-increase-food-prices-20-50-monday
And, this....
20 Facts About the Emerging Global Food Shortage That Should Chill You to the Core
uncanceled news ^ | April 3, 2022 | Michael Snyder
Posted on 4/3/2022, 7:23:27 PM by E. Pluribus Unum
A very alarming global food shortage has already begun, and it is only going to get worse in the months ahead. I realize that this is not good news, but I would encourage you to share the information in this article with everyone that you can. People deserve to understand what is happening, and they deserve an opportunity to get prepared. The pace at which things are changing around the globe right now is absolutely breathtaking, but most people assume that life will just continue to carry on as it normally does. Unfortunately, the truth is that a very real planetary emergency is developing right in front of our eyes. The following are 20 facts about the emerging global food shortage that should chill you to the core…
#1 One of France's most important government officials is telling us that we should brace ourselves for an “extremely serious” global food crisis…
France's Foreign Affairs Minister Jean-Yves Le Drian said the EU must get to grips with the prospect that the war in Ukraine could prompt an “extremely serious” global food crisis.
#2 Joe Biden recently admitted that food shortages are “going to be real”, and his administration is now openly using the word “famine” to describe what is coming…
The Biden administration is worried Russia's invasion of Ukraine will cause famine in parts of the world, White House Council of Economic Advisers Chair Cecilia Rouse told CNBC on Friday.
#3 It is being reported that food prices at German supermarkets will soon go up between 20 and 50 percent…
U.S.-based South Asia experts said that Pakistan’s political crisis is unlikely to be a priority for President Joe Biden, who is grappling with the war in Ukraine, unless it led to mass unrest or rising tensions with India.
With the Pakistani military maintaining its behind-the-scenes control of foreign and security policies, Khan’s political fate was not a major concern, according to some analysts.
“Since it’s the military that calls the shots on the policies that the U.S. really cares about, i.e. Afghanistan, India and nuclear weapons, internal Pakistani political developments are largely irrelevant for the U.S.,” said Curtis, who served as former U.S. President Donald Trump’s National Security Council senior director for South Asia.
She added that Khan’s visit to Moscow had been a “disaster” in terms of U.S. relations, and that a new government in Islamabad could at least help mend ties “to some degree”.