Re: 14 - Unfortunately yes. Lots of generalities, and they are definitely hawking their wares.
And there’s FReepers that will lap it right up.
I read somewhere recently that generally speaking when food costs exceed 30% of disposable income there are usually really bad consequences to law and order (hungry people do desperate things), and the US is already at 20% and rising.
Also, when people are faced with feeding their family or paying other bills which option do you think they will choose?
Probably be some major financial problems due to defaults on mortgages, rent, utilities, credit cards, loans, etc. It’s easy to see Washington responding with a debt jubilee.
If you’d been paying attention, you would know that due to high prices/low availability of nitrogen fertilizer, there’s a lot less corn being planted this year and more soybeans.
And corn is used in darned-near everything.
https://www.youtube.com/watch?v=jf9su5Cxx6s
So, here is a model for you:
The relevant price increases have already started.
Spot outages of some food items have been occurring and are getting more frequent every week. (Where are the boxes of Saltine Crackers?") They usually clear in a few days. So far, so good.
Serious problems will become visible by July and August. That means a doubling of prices for staples and a marked reduction in the variety of goods available. Those "holes in the shelves" will not clear within the month.
Critical problems will become visible by November and December. This will include yet another doubling of prices for some food items, and extended absence of some items at any price.
An earlier posters' comment about "food riots in January" is a pretty good estimate, in my opinion, of the likely path. Things get worse from there.
Well, I guess I needed to lose a few pounds anyway.
Concur.
Was there a, “Buy Gold Now” link in the article?
Well...the world only has a 90 day supply of food at any given point in time.
Grocery store outages already
Those of us who check ‘dates’ on products have noticed the best buy dates are shorter. Stores reaching deep into their backstock. That makes me worry, no one is saying how close we are to real extreme shortages.
China supply chain issues...
UK goverment just got caught lying about their ‘task force.’
No rain for California rice growers.
Corn farmers are not planting corn this year, they’re planting soy because of costs.
Supply trains companies cutting back on shipping fertilizers.
alarmism...yep. If you are not seeing the signs flashing red at you by now, well, do not go knocking on a prepper’s door tomorrow.