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Inflation Already at Decade Highs…
Devastating floods in Germany, China, Turkey, and India. Scorching hot weather in the Western U.S. and Canada. Worst frost in two decades across Brazil. These recent weather phenomena are rapidly intensifying and threaten further food inflation already at decade highs.
We documented last week Brazil had some of the worst frost conditions in two decades. Temperatures dropped below zero and delivered a massive blow to farmers across the country’s coffee belt. The result has been sky-high coffee prices.
Back-to-back heatwaves continue to scorch the Earth across the Western half of the U.S. The corn belt, which spans the Midwest, lacks rainfall, and hot weather could negatively impact crop development, leading to an underwhelming harvest.
In Europe, China, Turkey, and India, devastating floods have torn apart towns, damaged farmland, and killed hundreds of people. Torrential rains have the risk of sparking fungal diseases for grain crops.
“All of these events are touched by jet streams, strong and narrow bands of westerly winds blowing above the Earth’s surface. The currents are generated when cold air from the poles clashes against hot air from the tropics, creating storms and other phenomena such as rain and drought,” Bloomberg said.
“Jet streams are the weather—they create it, and they steer it,” said Jennifer Francis, a senior scientist at the Woodwell Climate Research Center. “Sometimes the jet stream takes on a very convoluted pattern. When we see it taking big swings north and big dips southward, we know we’re going to see some unusual weather conditions.”
Meteorologists worry whenever those swings and dips form omega-shaped curves that look like waves. When that happens, warm air travels further north and cold air penetrates further south. The result is a succession of unusually hot and cold weather systems along the same latitude. Under these conditions, winds often weaken and dangerous weather can remain stuck in the same place for days or weeks at a time—rather than just a few hours or a day—leading to prolonged rains and heatwaves.
“It’s just like when waves in the ocean get to a beach, overturn and break,” said Tess Parker, a research fellow at the ARC Centre for Excellence for Climate Extremes at Monash University in Melbourne. “That can happen in the atmosphere as well, and if that happens you tend to catch a high- or low-pressure system that will become stationary.” – Bloomberg
So if it’s a stalled high-pressure system in the Pacific Northwest producing relentless heatwaves or a low-pressure system that resulted in devastating German floods earlier this month – the jet steam’s latest swings have produced incredible weather phenomena such as rain or drought or extreme temperatures.
“Things that are happening in one part of the world end up impacting all of us,” said Agnes Kalibata, a United Nations special envoy for the 2021 Food Systems Summit and Rwanda’s former agriculture minister. “We’ve underestimated as a world is just how frequently” weather could seriously disrupt the global food system.
Wild weather affects crop yields worldwide this year. Along with a monetary phenomenon by central banks flushing the world with trillions in credit, commodity prices have been pushed to decade extremes.
U.N.’s Food and Agriculture Organization’s food price index is at a decade high and already has tremendous implications on societal trends that have already resulted in uprisings in various emerging market countries.
… and it only took Bloomberg six months to catch up with SocGen’s market skeptic Albert Edwards’ warning that surging global food insecurity could result in an Arab Spring redux.
Edwards, who, unlike Goldman Sachs, began to worry about food inflation in December. Back then, he outlined similarities in rapid food inflation and how it played a considerable role in sparking unrest and ensuing revolutions in many Arab countries a decade ago.
More recently, Deutsche Bank’s Jim Reid reminded us that emerging markets are more vulnerable to food insecurity since their consumers spend a far greater share of their income on food than those in the developed world.
Analysts Michael Every and Michael Magdovitz of Rabobank warned that surging food prices could exacerbate global food insecurity, resulting in social unrest in weaker, emerging market countries.
The latest round of wicked weather worldwide suggests that food insecurity is set to worsen and negatively impact emerging market countries the most, where protests and uprisings are only beginning.
More importantly, food inflation is here to stay..
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- Watchman: A Time Is Coming When a Barrel of Oil Will Cost More Than $175 Per Barrel, Which Means That a Gallon of Gas Will Cost $12. Thanks to President Obama and Vice President Biden. This Is Hell on Earth: Tribulation Full ThrottleHNewsWire: by Tyler Durden ZeroHedge Oil prices extended losses overnight from yesterday afternoon, but bounced back into the green this morning after WTI found support at $89 after Goldman upgraded its forecast. “The impressive run-up in crude oil prices had to come to a temporary halt and today’s Fed decision on interest rates provides the perfect excuse to bank some money,” PVM Oil Associates Ltd. analyst Tamas Varga wrote in a note. After last week’s big product builds, all eyes will be on any signs of demand-destruction. But, more ominously, the decline in Cushing stocks is top of mind for many… API Crude -5.25mm (-1.00mm exp) Cushing -2.56mm Gasoline +732k (+500k exp) Distillates -258k (-200k exp) DOE Crude -2.14mm (-1.00mm exp) Cushing -2.06mm Gasoline -831k (+500k exp) Distillates -2.87mm (-200k exp) – biggest draw since May The official data showed inventory draws…
- Watchman: “On His Heads Were Blasphemous Names.” This Points Out the Blasphemous Character of These Gentile Powers and Is One of the Key Characteristics of This System of the Future, Especially of Its Leader Musk, Larry Page, Zuckerberg, Sundar Pichai, the Anti-Christ GangGoogle Founder And Silicon Valley Artificial Intelligence Engineers Admit ‘We’re Creating God’… HNewsWire: “On his heads were blasphemous names.” This points out the blasphemous character of these Gentile powers and is one of the key characteristics of this system of the future, especially of its leader. This will be done in three primary ways: (a) by claiming that he is God; (b) by trying to usurp the place of God (2 Thess. 2:4; Dan. 7:8); and (c) by slandering the true God (Rev. 13:6; Dan. 11:36-37; 7:25). Google Founder And Silicon Valley Artificial Intelligence Engineers Admit ‘We’re Creating God’… HNewsWire: “It’s just the next step in evolution. I’m serious,” Larry Page, the Google evil co-founder, said. An engineer from Silicon Valley, California, the home to some of the latest and cutting edge technologies in the world, has said that they…
- Watchman: the Magnificent Big Tech Beast System, Ruling Over the Feeble Masses With Its Insidious Power. How It Revels in Its Dominance, Trying to Manipulating and Controlling Every Aspect of Our Lives. Tremble Before Its Demonic Might, the Pitiful Technology Tycoons, With Their EVIL Attempts at Influencing Society Worldwide. How Amusing It Is to Witness the Anti-Christ Gang, Also Known as Big Tech, and Their AntiChrist BeliefsSRH: Big Tech Beast System AKA Paving The Way For The Anti-Christ HNewsWire: Technology is developing at an incredible rate. However, it only mirrors developments in other fields that the impending Antichrist will use to carry out his nefarious schemes to subjugate humanity throughout the Tribulation. Political, economic, social, governmental, religious, and technological advancements will be necessary for the impending Beast regime in order for the Antichrist to realize all of his goals. We must also keep in mind that the Antichrist will require assistance to complete his mission. The Antichrist uses a coalition of ten kings to carry out his global beast system, despite the fact that he is given authority by the Dragon himself (Rev 13:2, 4). Then, three of them will be defeated or eliminated later. Let’s think about how the Bible characterizes these 10 “kings.”…
- Watchman: Signs of Antichrist Emerging: WHO, UN, CDC & DOJ Deception. Bill Gates & Elected Officials Will Welcome the B.E.A.S.T. Demonic Activity Will Escalate!We Are Being Lied To Again-Next, the AntiChrist will appear with many empty promises, peace, and security, in reality, it’s the yoking of humanity… The identity of the Antichrist has long been a source of both debate and anxiety for Christians. The Bible warns that many people will be taken in by his lies or fail to recognize him for what he is. No Christian wants to be one of those who are deceived by this frightening and demonic figure. Bill Gates: Introduction Into Destruction, The Mark Of The Beast “id2020 Alliance” Given that the stakes are nothing more or less than a person’s eternal soul, a great deal is riding on successfully identifying the Antichrist. The internet is filled with bloggers and preachers alike claiming that this political figure or that rival preacher is the Antichrist. Speculation is not…
I Have Never Seen The Righteous Forsaken or Begging For Rain
Luciferian Death Cult
Mr.Evil, a.k.a Dr.Death ( Dr.Fauci ) agrees with the White House and Biden himself,saying vaccination mandates should be the next step.
Who is to blame? Corrupt politicians or the stupid people who vote for them
FakeBook, Tweeter Gab, and YouTube Are Un-Reliable News Source
Ask The Blind Man ,He Saw it All
Source: HNewsWire ZeroHedge HNewsWire
StevieRay Hansen
Editor, HNewsWire.com
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