Food Crisis This Fall?

Dust Bowl meets Disco Fever… May 18, 2022 [UNSUBSCRIBE]( | [WEBSITE]( [Altucher Confidential] It’s come to our attention that you might be missing out on extra benefits exclusively for Altucher Confidential subscribers. Check out our website where you can find archives, updates, and everything else included in your subscription. You can access it by [clicking here now](. “This is a seed. You don't yell at it and tell it to grow faster. You don't tell it to be bigger.” [HERO IMAGE] Food Crisis This Fall? By Chris Campbell Wars, CyberAttacks, Economic Destruction... Right now, millions of Eastern Europeans have little access to food, medicine, their bank accounts... It could happen anywhere. Here’s how to [protect yourself, your family, and your wealth.]( In 2010, a young Tunisian man set himself ablaze, triggering an uprising in the Middle East and North Africa. We now know this as the Arab Spring, also called the “Peasant Uprising.” This uprising didn't begin because protestors were angry over a lack of democracy. That was just Western media’s spin. It began because food prices were through the roof. The young man who lit himself on fire owned a vegetable stand. (Interestingly, [there’s no mention of food prices in the Encyclopedia Britannica]( under “Arab Spring.”) It’s no coincidence that the Syrian uprising, which followed Tunisia's, began in Daraa, the center of wheat farming in the Mid-East. Shrinking farmlands, bad weather, droughts, and poor water distribution contributed to higher prices and, in turn, anti-government sentiment. Fast-forward to today: Not many of those problems have been solved in any meaningful way. In fact, if anything, they’ve only been exacerbated. Lately, no surprise, there’s a lot of noise about potential food shortages. Our executive publisher Addison Wiggin interviewed Mark Rossano of C6 Capital Holdings. The interview was called, [“Should I care about food shortages in America?”]( It’s worth listening to in its entirety (or you can [read the transcript here]( but I’ll cover some of the major points. Dust Bowl Meets Disco Fever We've heard about the sanctions placed on Russia. Though a big deal on its own, sanctions are only a small part of the chaos. The Russia-Ukraine situation shined a spotlight on problems that have been brewing for over a decade. Problems that Rossano believes will come to a head in the 2020s. It was clear in 2019, he said, that the 2020s will be a weird amalgamation of the Dust Bowl ‘30s and the inflationary ‘70s. 2019 was a lean year for global food production. We saw swine flu and bird flu. We saw "biblical" locust swarms in sub-Saharan Africa to the southern tip, blowing across the ocean, striking Central Asia. As one major contributor, we’ve seen major droughts and floods worldwide. China has had three "700-year" floods in the past decade. Iran is running out of water for their crops. The U.S. has been no stranger to droughts and floods, either. [IMG 1] Urgent Weekend Message From New England [Click here for more...]( markets in turmoil I’ve been extremely busy doing interviews and strategic consulting. But there is something I haven’t said on TV regarding this crisis. Something I am reserving for newsletter subscribers like you. And it’s extremely urgent. I was able to get a moment on my computer and record this message over Zoom that I’d like you to watch immediately. [Click here right now to watch]( or click the play button. Beyond Negligence? Meantime, governments the world over have been fumbling the ball. Often with such passive or active negligence that you’d be forgiven for wondering if it’s deliberate. For example, the recent long string of food production facility mishaps has raised more than a few eyebrows. [IMG 2] Added up, all of this has been a destabilizing force in many regions of the world. Double-digit food inflation in Pakistan has eroded support for Prime Minister Imran Khan, forcing him from office. Sri Lanka is being hit by severe shortages of essentials like food, medicine, milk powder, cooking gas and fuel. Same goes for Peru and Shanghai. In the past month, food-related looting has taken place in all three of these places. Meanwhile, to combat domestic food inflation, export bans are on the rise. India, the second-largest exporter of wheat, just announced a ban on all wheat exports. In the immediate aftermath, Chicago Wheat Futures jumped by 6%. China has also limited the export of fertilizers (because they usually get most of it from Russia). Serbia banned exports on wheat, corn, flour, and cooking oil. The U.S. has floated the idea of banning oil exports. Export bans have knock-on effects. They cause more dislocations and price inflation elsewhere. According to a study led by the World Bank, more than 50 percent of the food consumed in the Middle East and North Africa is imported. Broken Cycles? Growing food, Rossano points out, “isn't something where you build another factory, you hire a few other people, you go from running 12 hours a day to 24 hours a day. This is a seed. You don't yell at it and tell it to grow faster. You don't tell it to be bigger.” You have to deal with the cycles, Rossano says. And those cycles are getting harder and harder to manage. If you follow Jim Rickards, you know he’s been talking about this for a while now. [IMG 3] It’s the same problem, says Rickards, we’re seeing in the markets: market cycles are getting harder and harder to centrally-manage, too. Indeed, it’s bigger than just food shortages… and, according to Rickards, everyone’s looking in the wrong direction. But he isn’t without ways to prepare for the worst. [Click here to see what Jim recommends.]( Until tomorrow, [Chris Campbell] Chris Campbell For Altucher Confidential Stunning New Prediction for 2022 You’re going to want to [see this]( — America’s #1 futurist just came out with a stunning new prediction for what could happen in 2022. And surprise, it’s got nothing to do with Trump. Or trade wars. Or the ongoing gyrations on Wall Street. In fact, this could be your one chance to ignore all that upsetting “fake news”… and get back to the business of getting exceedingly rich instead. [It’s all in the forecast you’ll find at this link — click now.]( Subsribe To My Podcast [The James Altucher Show]( [The James Altucher Website]( [Subscribe With YouTube]( [Subscribe On Messenger]( [Subscribe With iTunes]( [Connected on LinkedIn]( Add AltucherConfidential@email.threefounderspublishing.com to your address book: [Whitelist Us]( Join the conversation! 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