Tag Archives: Supply Chain

The Earth Only Has A 3-Month Supply Of Food – If Production Stops Humanity Has Nothing To Eat “In 90 Days”

EDITORS NOTE: The inclusion of this article on UNW isn’t meant to cause panic, just because people make these warnings doesn’t mean that these things will come to pass. That being said, everyone from Klaus Schwab and the World Economic Forum to our own White House Press Secretary has recently warned about an impending food crisis, it might not be the worst time to stock up and even start a garden.

-Ryan

By Michael Snyder

We are far closer to a potential global cataclysm than most people would dare to imagine.  Right now, leaders from all across the political spectrum are openly warning us that a worldwide food crisis is coming.  But when people in the Western world hear of such warnings, most of them assume that it will just be something that affects poor people in Africa or Asia.  Unfortunately, that will not be the case this time around.  We truly are in unprecedented territory, and we are going to see things happen in the months ahead that once would have been absolutely unthinkable.

Global hunger had already been steadily rising for the past couple of years due to the COVID pandemic, and now a confluence of events here in 2022 threatens to create a true global nightmare.

At this moment, we are still eating food that was previously grown, but it is the food that will not be grown in the months ahead that will be the real problem.

Because the truth is that we do not have much of a buffer to work with at all.

David Friedberg is an “early Google executive who started the farming insurance company Climate Corporation,” and he just told the All-In podcast that the Earth operates on “a 90-day food supply”

“The whole planet Earth operates a 90-day food supply, that means that once we stop making food, humans run out of food in 90 days.”

It is estimated that approximately 7.9 billion people currently live on the planet, and feeding everyone is a real challenge even if everything goes perfectly.

Unfortunately, global conditions have been much less than perfect for the past couple of years, and Friedberg says that the new global energy crisis has pushed the cost of key fertilizer components to levels that are absolutely insane

“The price of nitrogen has gone from $200 to $1,000, the price in potassium has gone from $200 to $700, and the price of phosphorus has gone from $250 to $700. So now it is so expensive to grow a crop, that a lot of farmers around the world are pulling acres out of production. So they’re going to grow less this year than they would have otherwise because it is so expensive and they can not access fertilizer,” he explained. “Food supplies are going to go down and it is going to be catastrophic.”

Many farmers all over the world will try to grow food without fertilizer this year, but that will result in a whole lot less food being grown.

In one of his latest videos, Chris Martenson compared rice plants that were grown with phosphorus to rice plants that were not given any phosphorus.

I was absolutely blown away by the difference.

As global food production drops precipitously, there simply will not be enough food for everyone in the months ahead.

How To Grow Half Of Your Own Food (Ad)

Of course the wealthy nations will buy up what is available, driving up prices in the process, and the poorer nations will be left out in the cold.

In fact, this is already starting to happen.  In March, the global price of food rose at the fastest monthly pace ever recorded

March’s food price index from the Food and Agriculture Organization of the United Nations (FAO) printed 159.3 points in March, up 19.15 points from February, when it had already reached record highs. The index was up 33.6% from the same time last year.

The March rise in food prices is a stunning 12.64% MoM – almost double the previous record monthly surge…

If you are looking for “red flags”, you just found one.

Food riots have already begun in some parts of the globe.  For example, you can see a clip from the rioting in Peru right here.

In the months ahead, it is only going to get worse.

Thanks to the war in Ukraine, the price of wheat was up almost 20 percent last month alone…

The war has helped push cereal prices up 17% over the past month with the closure of ports throttling wheat and maize exports from Ukraine. Russian exports have also been slowed by financial and shipping problems.

World wheat prices soared by 19.7% during March, while maize prices posted a 19.1% month-on-month increase, hitting a record high along with those of barley and sorghum.

As I have discussed perviously, Russia and Ukraine normally export enormous amounts of food to the rest of the planet.

But that won’t be the case this year.

Sadly, it is being projected that corn production in Ukraine will be cut by more than half in 2022…

Ukraine is one of the world’s top exporters of corn, sunflower oil, and wheat. Disruptions stemming from Russia’s invasion of Ukraine have stoked fears the war-torn country could experience a 50% decline in crop output this year, according to Bloomberg.

Forecast data from ag expert UkrAgroConsult show Ukraine’s corn output could be as low as 19 million tons, about half of last year’s 41 million tons.

And the Ukrainians have already announced that they won’t be exporting any of their production at all this year because they need it to feed their own population during the war.

Here in the United States, the bird flu pandemic continues to escalate, and as a result the price of eggs has more than doubled in recent weeks…

A deadly and highly infectious avian flu is forcing US farmers to kill millions of egg-laying hens, reducing the country’s egg supply and driving up prices.

On Thursday, retailers paid between $2.80 and $2.89 for a dozen large grade A white eggs in the Midwest, according to the USDA’s daily Midwest regional egg report. That’s more than double the roughly $1.25 they cost in March, according to data compiled by Brian Earnest, lead protein industry analyst at Cobank, which provides financial services to agribusiness.

That is extremely alarming.

So what is going to happen if this pandemic continues to wipe out millions of chickens every month?

Meanwhile, certain shortages that have been simmering for a long time are now reaching critical levels.  For example, Walgreens has announced that it is going to start rationing baby formula…

A national shortage of baby formula brought on by pandemic-related supply-chain issues has forced US retailers such as Walgreens to ration the all-important product.

The company – the second-largest pharmacy store chain in the United States behind CVS – said Friday that amid the supply-chain crunch, it is limiting customers to three infant and toddler formula product purchases at a time, at its 9,021 US locations.

This wasn’t supposed to happen.

According to the optimists, things were supposed to be getting back to normal by this point.

But instead things are getting even worse.

According to the Daily Mail, “29 percent of all top-selling formulas are out of stock at stores across the nation” right now.

Unfortunately, this is just the beginning.

Everyone agrees that the global food crisis is going to intensify in the months ahead, and David Friedberg is trying to warn us about what could happen if widespread panic sets in…

“I don’t know about death, there will be famine. Famine is to be short of calories. There will be strategic reserves released, but it won’t be enough. We won’t have enough. The way supply chains are set up, there will not be enough,” he said. “As you know with any market, when there is scarcity, people come in and buy at a faster pace. So this is a market dynamic. It is not like people are physically hoarding loaves of bread, but commodity traders, countries, strategic reserves start buying up what they can get to prepare for the famine… prices go even higher and it kicks other people out of the market. The whole thing gets ugly fast.”

We have been warned over and over again that this was coming, and now it is here.

You may have noticed that my articles have been longer than usual lately, and that is because there is so much more information that I need to share with you each day.

We truly are entering a full-blown planetary emergency, and I am trying to do my best to sound the alarm.

Unfortunately, most of the population is still not taking this crisis seriously.

So many people out there are fully convinced that they will always be able to rely on the system, and a lot of them will continue to believe that even as the system literally collapses all around them.

WEF’s Klaus Schwab Warns “Global Energy Systems, Food Systems and Supply Chains will Be Deeply Affected” (VIDEO)

Cristina Laila
Published March 31, 2022

Klaus Schwab, founder of the World Economic Forum this week warned of global cyberattacks and worldwide disruptions with food and energy systems.

“History is truly at a turning point,” Klaus Schwab said at the 2022 World Government Summit.

“We do not yet know the full extent and the systemic structural changes which will happen, however, we do know the global energy systems, food systems, and supply chains will be deeply affected,” Schwab said speaking on the economic fallout from Covid-19, dangers of climate change and clashing world governments.

Klaus Schwab said the answer to the global food and energy crisis is to expand government power.

VIDEO:

Joe Biden last Thursday held a solo press conference in Brussels, Belgium amid meetings with NATO members.

Biden was asked if he discussed potential food shortages during his huddle with fellow members of NATO.

Joe Biden said there will be “real” food shortages in Europe and in the United States as a result of Putin invading Ukraine.

God help us.

BlackRock’s Fink Says Invasion of Ukraine “Accelerates” ESG and Digital Currencies Shift

BlackRock CEO Larry Fink’s annual letter to shareholders has become heavily scrutinized as ones from Berkshire Hathaway chief Warren Buffett and JP Morgan chief Jamie Dimon. Fink is the boss of a $10 trillion asset manager, the world’s largest, and oversees more money than the Fed. Fink told shareholders that Russia’s invasion of Ukraine would fundamentally reshape the world economy and drive up inflation as supply chains are reconfigured.

“The Russian invasion of Ukraine has put an end to the globalization we have experienced over the last three decades,” Fink wrote.

Fink predicted “companies and governments will also be looking more broadly at their dependencies on other nations. This may lead companies to onshore or nearshore more of their operations resulting in a faster pull back from some countries.”

As a result, “a large-scale reorientation of supply chains will inherently be inflationary,” he said, pointing out that even before the conflict broke out in Eastern Europe, the economic effects of the virus pandemic brought US inflation to its highest in four decades.

Today’s inflationary environment, teetering on the verge of stagflation, has put central banks in “difficult decisions about how fast to raise rates. They face a dilemma they haven’t faced in decades, which has been worsened by geopolitical conflict and the resulting energy shocks. Central banks must choose whether to live with higher inflation or slow economic activity and employment to lower inflation quickly,” Fink said.

Like Fink’s last letter to shareholders, he was focused on the firm’s “ESG” and “green technology” commitments. This time around, he said the invasion “will actually accelerate the shift toward greener sources of energy in many parts of the world,” because higher fossil fuel prices will make the transition of renewables financially competitive. 

“We’ve already seen European policymakers promoting investment in renewables as an important component of energy security,” he said. “More than ever, countries that don’t have their own energy sources will need to fund and develop them– which for many will mean investing in wind and solar power.”

In the short-term, alternatives to Russian energy products “will inevitably slow the world’s progress toward net-zero [emissions] in the near term,” he added. BlackRock is the world’s largest asset manager, which has pushed “ESG” policies that harm American fossil fuel companies, basically following the World Economic Forum’s (WEF) script.

On digital currencies, Fink said the Ukrainian conflict has the “potential impact on accelerating digital currencies. The war will prompt countries to re-evaluate their currency dependencies.” He spoke about central bank digital currencies (CBDC) and how they “can enhance the settlement of international transactions while reducing the risk of money laundering and corruption.” Again, Fink is following WEF’s script of implementing new forms of digital currency that will mean governments will have more control over the people.

Fink also praised how global corporate elites banded together following Russia’s invasion and isolated Moscow from the global financial system overnight, paralyzing the country’s economy. He said the private sector demonstrated the power of the capital markets:

“Russia has been essentially cut off from global capital markets, demonstrating the commitment of major companies to operate consistent with core values. This “economic war” shows what we can achieve when companies, supported by their stakeholders, come together in the face of violence and aggression,” he said.

Fink has made clear that the conflict in Ukraine is being used as an accelerator to reorganize the global economy as the old world order crumbles and a multipolar world emerges. Supply chains will be onshored or moved closer to home, and the WEF’s agenda of a green new world, more corporate surveillance, and trackable money are inevitable this decade.

Readers can find Fink’s complete letter here

Price Inflation Rates Shoot Above the 1980 Peak

 Clint Siegner

Americans get fed a lot of BS when it comes to price inflation. Prices in the U.S. are rising faster than they were in the late 1970s when gasoline shortages triggered an economic crisis.

Today, supply chain disruptions and exploding prices are also nearing crisis levels.

Meanwhile, there has been a dramatic rise in dishonesty amongst politicians, bankers, and the corporate press on this subject. They hide the truth on inflation for a couple of reasons.

For starters, the establishment doesn’t want people alarmed to the point of dumping dollars and fixed-rate debt such as U.S. Treasuries. Officials need strong demand for both, because the supply they are producing is so massive.

U.S. debts and obligations are much too large to be honored – at least in today’s Federal Reserve Note “dollars.” The politically expedient option is a default through currency debasement – lessening the real burden of debt and entitlement obligations.

The key is to keep Americans docile, holding onto Federal Reserve Notes and Treasury debt, and getting gradually poorer.

The same is true in other nations as well. Andrew Bailey, Governor of Britain’s central bank, said the quiet part out loud last week:

“In the sense of saying, we do need to see a moderation of wage rises. Now that’s painful. I don’t want to, in any sense, sugar that… it is painful. But we need to see that in order to get through this problem more quickly,”

He wants the British to stand there and take it. It didn’t go over too well.

He probably won’t slip up and tell the truth again. Officials certainly do not want people angry about rising prices.

President Biden is feeling some heat of his own. It would be much worse if people knew the truth, but most don’t.

The modern Consumer Price Index (CPI) is a form of deception. The chart below shows the difference between the heavily managed CPI number published by the BLS versus the 1980 method. We covered the tricks officials have been using to disguise the rapid decline of the dollar last week.

Consumer Inflation - Official vs Shadow Stats (1980-Based) Alternate - Year to Year Change. Through Jan. 2022 (Published: Feb. 10, 2022)

Most Americans would be surprised to know if price inflation was calculated using the same methodology the Bureau of Labor Statistics used during the 1980 peak, inflation would officially be worse now than it was then.

Rigging the data isn’t the only way officials mislead people. In Joseph Goebbels style, a good part of the strategy is telling good, old-fashioned lies so often people will accept them as truth.

Here are a couple examples of the lies:

  • Inflation is a good thing. Don’t mind the fact that money purchases less each year because it is a symbol of economic growth.
  • Higher prices are transitory. The forces driving inflation will soon moderate.

Today’s mounting inflation crisis is very different from the one forty years ago. Fed bankers have nowhere near the leeway to hike interest rates and bring surging prices back under control.

The equity markets cannot stomach rates above the low single digits. Markedly higher interest rates would also blow up the federal budget as well as destroy the U.S. banking system.

People should simply expect more of the inflation disinformation campaign and invest as if prices are rising twice as fast as they are being told.

Clint Siegner is a Director at Money Metals Exchange, a precious metals dealer recently named “Best in the USA” by an independent global ratings group. A graduate of Linfield College in Oregon, Siegner puts his experience in business management along with his passion for personal liberty, limited government, and honest money into the development of Money Metals’ brand and reach. This includes writing extensively on the bullion markets and their intersection with policy and world affairs.

BREAKDOWN: Basic Services And Supply Chains Are Rapidly Breaking Down All Over The Globe

By Michael Snyder
January10th, 2022

I warned you that things would get even worse in 2022, and that is exactly what is happening.  Throughout the latter stages of 2022, I documented how basic services were breaking down all across the country, but this was a trend that was largely ignored by the mainstream media until now.  Fear of the Omicron variant has taken things to an entirely new level, and at this point things have gotten so bad that even the mainstream media is full of stories about this crisis.  For example, over the weekend this was one of the Drudge Report’s main headlines: “NATIONWIDE BREAKDOWN OF SERVICES”.  The following is an excerpt from that story

Ambulances in Kansas speed toward hospitals then suddenly change direction because hospitals are full. Employee shortages in New York City cause delays in trash and subway services and diminish the ranks of firefighters and emergency workers. Airport officials shut down security checkpoints at the biggest terminal in Phoenix and schools across the nation struggle to find teachers for their classrooms.

The current explosion of omicron-fueled coronavirus infections in the U.S. is causing a breakdown in basic functions and services — the latest illustration of how COVID-19 keeps upending life more than two years into the pandemic.

This is happening almost everywhere, and it is deeply affecting industry after industry.

Last week, I wrote about how one man in St. Louis had to wait 10 hours for an ambulance to show up.

I still can’t get over that.

And once people get to our hospitals, often they can’t get treated in a timely manner because there aren’t enough workers.  Of course hospitals are trying to hire as fast as they can, but finding qualified people is extremely difficult these days.  For example, one hospital in Nebraska has been advertising for an ultrasound technician for six months and still has not received one single application

Troy Bruntz runs Community Hospital, a 25-bed critical access facility in McCook, Nebraska. He’s been trying to recruit a third ultrasound technician for at least six months without getting a single application.

For lower-level positions, the hospital competes with the local Walmart store, where wages are rising. He monitors the pay offered by the retailer as well as the other large local employers, a hose manufacturer and an irrigation equipment supplier.

Isn’t that nuts?

There are more than 10 million open jobs in the United States today, but the U.S. economy only added 199,000 workers during the month of December…

The US economy added 199,000 jobs in December, the Labor Department reported Friday. That was the fewest jobs added in any month of 2021.

That was a major disappointment: Economists had forecast jobs growth of double that number.

So how could forecasts be so off again?

In the old days, adding 199,000 workers would have barely kept up with population growth.

But we can’t really talk about “population growth” these days, can we?

Our hospitals are being absolutely overwhelmed with the sick and the dying, but most of those same hospitals are now severely undermanned thanks to Biden’s absurd mandate for healthcare workers.

As a result, members of the National Guard are being forced to serve hospital duty in quite a few states

An incoming tide of patients is slowly drowning UMass Memorial Medical Center, and the US military’s National Guard is working to plug the gaps. In wave after daily wave, the emergency crews pull up to the ambulance bay, dropping off patients for which there is no room.

“It’s just the perfect storm for a nightmare here in the emergency department,” says Dr. Eric Dickson, the CEO of the hospital and an emergency physician.

So if you show up at your local emergency room because you are dying, you may get “treated” by a member of the National Guard with no medical training whatsoever.

Meanwhile, our nightmarish supply chain crisis just continues to escalate.

In the waning days of 2021, optimists assured us that the computer chip shortage would soon go away, but the numbers are telling us that it has gotten even worse.  In fact, the wait time for chip delivery is now the longest that it has ever been

Delivery times for chips jumped in December, signaling the semiconductor shortage is worsening into the new year, according to research by Susquehanna Financial Group.

On average, lead times increased six days to approximately 25.8 weeks last month compared with November. This is the longest wait time since the firm began monitoring the data in 2017.

And thanks to fear of Omicron, we are starting to see very alarming shortages of meat and eggs at supermarkets from coast to coast…

SEVERAL American supermarkets are reporting incidents of “bare shelves” as fears grow over an imminent meat and egg shortage amid a surge in Omicron cases.

Food chains have been one of the first to be disrupted by the new super strain as workers fall ill and productivity drops.

If you are a “meat and potatoes” kind of person, I have some more bad news for you.

It turns out that there is a “growing global potato shortage” too…

There’s a growing global potato shortage — a real problem for a planet addicted to french fries and chips.

A number of popular items, including marmite and cream cheese, have faced scarcities amid supply chain disruptions wrought by the coronavirus pandemic and extreme weather. Potatoes are the latest to join the list, becoming unevenly available in some countries and fast-food chains because of a confluence of factors.

I tried to warn everyone that this was coming.  If you don’t want a spoiler about where all of this is eventually headed, then definitely don’t read my latest book.

The economic optimists assured us that the shortages would be gone by 2022, but instead we are starting to see truly bizarre things happen.

In Norway, the military is actually issuing used underwear to the troops because shortages have become so intense