The affects of "Putin's War" will have affects worldwide on food supplies. The wheat deficit, will have more famers planting wheat. To gain the price rise during the wheat shortage. At the same time they will plant less of other commodities. Such as soybeans etc. Grains etc. used for animal feeds. This will cause a price rise in animal feed. Many poultry, pig, cattle will slaughter laying hens, (breeding stock) with higher feed cost. Later with less hens to lay eggs, etc. the price of poultry, hogs, beef will rise with feed cost. Add to this the fertilizer price rise due to a shortage in fertilizer. Its going to equal a worldwide shortage in food.
The richer nations will do ok. The poorer third world will witness food shortages. This will bring unrest to those nations. It may bring migration to the richer nations. Such as the U.S. Southern border. Even China is not safe with its 1.4 billion. Some governments may fall.
To add to the inflation we already feel The USD is gaining strength. That will further cause inflation in emerging economies. Many of those will default.
Putin's War will cause a lot of unforeseen world problems. The cost of food rising will reduce discretionary spending. This will be felt in China, and places China buys earth commodities. Such as Australia. Less discretionary means China makes less widgets. So people are laid off from factories. People without a job buy less. That snowballs the situation. No job with higher food cost can lead to unrest. With 1.4 billion people that could be a problem for Chinese leaders. We already see unrest with the covid lockdowns. People unable to get out and buy food. This could quickly be amplified across the entire Asia continent. Food deficits can change the world.
Less widget making requires less Russian oil.
Not just in China. Europe's (world travel) tourism is a discretionary. Europe's exports, such as higher end cars are discretionary.
Putin's #1 export may be misery.
The richer nations will do ok. The poorer third world will witness food shortages. This will bring unrest to those nations. It may bring migration to the richer nations. Such as the U.S. Southern border. Even China is not safe with its 1.4 billion. Some governments may fall.
To add to the inflation we already feel The USD is gaining strength. That will further cause inflation in emerging economies. Many of those will default.
Putin's War will cause a lot of unforeseen world problems. The cost of food rising will reduce discretionary spending. This will be felt in China, and places China buys earth commodities. Such as Australia. Less discretionary means China makes less widgets. So people are laid off from factories. People without a job buy less. That snowballs the situation. No job with higher food cost can lead to unrest. With 1.4 billion people that could be a problem for Chinese leaders. We already see unrest with the covid lockdowns. People unable to get out and buy food. This could quickly be amplified across the entire Asia continent. Food deficits can change the world.
Less widget making requires less Russian oil.
Not just in China. Europe's (world travel) tourism is a discretionary. Europe's exports, such as higher end cars are discretionary.
Putin's #1 export may be misery.
those who can, do. those who cant, talk about those who can
