European Economics Thread

Abominable

Major
Registered Member
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A Horrifying Drought Is Causing Widespread Crop Failures Throughout The US And Europe​

We really are reaching a major crisis point. Thanks to soaring fertilizer prices, insane weather patterns and the war in Ukraine, global food supplies have been getting
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. So we really needed a banner year for agricultural production in both the United States and Europe in 2022, and that is not going to happen. In fact, unprecedented drought is absolutely devastating crops all over the northern hemisphere. A lot of people are complaining about how high food prices are
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, but just wait. If some sort of a miracle doesn’t happen, agricultural production is going to be way below expectations in both the United States and Europe, and that is going to have very serious implications for 2023.
Let me start by talking about the nightmare that is starting to unfold in Europe.

According
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, it is now being projected that farmers in Italy have lost “up to 80% of their harvest” because the drought has become so severe…


How are those farmers going to survive?

Many farmers in France are facing similar losses because they have only been receiving
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that they normally get…


Crop failures in France would be a really, really big deal, because France is normally
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in the entire world…


The situation in Germany is also extremely dire.

It is being reported that things are already so bad that some sections of the Rhine River have dropped
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Of course the U.S. is dealing with severe drought too.

According to
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, about half of the nation is experiencing some level of drought at this moment, and we are being told that the ongoing megadrought in the Southwest
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.

Things are particularly bad in Texas. If you can believe it, Dallas just had a stretch in which they had no measurable rain at all
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The lack of moisture has been crippling for the state’s absolutely massive agriculture industry. There are
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in Texas, and nearly all of them are deeply suffering right now…


At this point, conditions are so dry in Texas that many ranchers have been forced to “panic sell” their herds. For much more on this, please see my previous article entitled
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.

Other states in the Southwest are also being hit extremely hard by this drought.

Over in Utah, the size of the Great Salt Lake just continues to get
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due to the relentlessly dry conditions…


There have always been times of drought all throughout history, but in modern times we have never seen the United States and Europe simultaneously experience such a severe drought for such an extended period.

For years I
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that we are moving toward a time when global famines will become quite common, and widespread crop failures throughout the western world this year would greatly accelerate that process.

We are being told that a child dies
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from malnutrition.

But as food supplies get tighter and tighter, global hunger is going to get far, far worse than it is now.

In 2023, there simply is not going to be enough food for everyone.

I hope that you are getting prepared for that, because next year is just around the corner.

:(
The UK is predicting 50% crop failure too. As far as I can tell, this is the worst ever time to be a farmer in the western world. It's not as bad as the article is making out. Quite a few countries have reported record harvests like China and Russia. It'll lead to meat becoming more expensive but it won't lead to mass famines (hopefully).

Agriculture in the west is very expensive to subsidise, hence the push to get rid of a lot of it. So it wouldn't surprise me to see western governments use this as a way to force a lot of farmers into bankruptcy.
 

Bellum_Romanum

Brigadier
Registered Member
At least they are trying to do something, meanwhile in the UK people are just pretending everything is fine.

Like for example: Houses are too expensive, mortage rates too high so lets just stop asking if people can afford to buy houses!
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BBUUUTT WHAT ABOUT CHINA'S EVERGRANDE? It's about to collapse Chyna any moment now.
 

Bellum_Romanum

Brigadier
Registered Member
The UK is predicting 50% crop failure too. As far as I can tell, this is the worst ever time to be a farmer in the western world. It's not as bad as the article is making out. Quite a few countries have reported record harvests like China and Russia. It'll lead to meat becoming more expensive but it won't lead to mass famines (hopefully).

Agriculture in the west is very expensive to subsidise, hence the push to get rid of a lot of it. So it wouldn't surprise me to see western governments use this as a way to force a lot of farmers into bankruptcy.
What are they going to replace it with? Ukrainian agriculture?
 

9dashline

Captain
Registered Member
When I was kid, a standard container of ice cream was 2 quarts. Through the years it shrank to 1.75 quarts. Because of recent events now it's 1.5 quarts. Biden says inflation is easing so everything will be going back to normal. No, shrinkflation never changes back.
The dollar stores all went to minimum of $1.25 last year.... thats literally shrinkflation
 

ansy1968

Brigadier
Registered Member
Germans as a people are fiscally conservative; inflation in Germany is going to be the death knell of any German political party. The Greens may not ever recover from this.
And yet they hate the Russian...lol like the Japanese they're willing to commit Hara Kiri just to prove a point and that point is useless...lol
 

ansy1968

Brigadier
Registered Member
BBUUUTT WHAT ABOUT CHINA'S EVERGRANDE? It's about to collapse Chyna any moment now.
Bro news from 2020, Xi got a lot of criticism from Western MSM, especially our CCP comrade Mr Gordon Chang justifying that China is on the verge of Collapse, one of his many famous prediction...lol NOW the Collective West are urging their population to prepare and Ideally to eat less, cause eating less is healthy...lol and of course by doing so you save the environment. ;)

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Oct 14, 2020 — Xi Declares War on Food Waste, and China Races to Tighten Its Belt. The Communist Party's “clean plate” campaign targets livestreaming extreme ...
 
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