The latest report from the United Nations (UN) Food and Agriculture Organization (FAO) indicates that the global aggregate of food import costs has reached nearly $2 trillion in 2022 due to runaway inflation. The FAO’s “Food Outlook” explains that the cost of importing wheat, rice, maize, vegetable oils, and pretty much all other farm goods will soon … Continue reading Poorer countries in free-fall COLLAPSE as global food import costs reach “alarming level”
Energy prices in Germany soar 1,000% as companies go bankrupt
Remember back at the start of the covid plandemic when the media generated mass hysteria about toilet paper hoarding? It looks like that was a foreboding of things to come as German toilet paper manufacturer Hakle, along with a growing number of other producers in Deutschland, is closing up shop due to skyrocketing energy costs. Citing a “tenfold increase … Continue reading Energy prices in Germany soar 1,000% as companies go bankrupt
PhD economist says energy and financial situation in Europe is “much worse than many understand,” warns of “mayhem” in weeks or months
Forecaster, associate professor, CEO and economist Tuomas Malinen, PhD, says that economic conditions in Europe are much worse than most people – including Europeans themselves, who are being kept in the dark by their politicians as to what is transpiring – think. In addition to the energy crisis – several of Europe’s largest steel mills just closed down because … Continue reading PhD economist says energy and financial situation in Europe is “much worse than many understand,” warns of “mayhem” in weeks or months
China deploys TANKS in the streets to prevent citizens from withdrawing their money from banks amid collapsing financial system
We are hearing through the grapevineChina’s fast-and-loose financial practices have caught up with the country and now threaten to bring down the world’s No. 2 economy. According to video clips posted to social media, the Chinese government is deploying tanks and armed troops to surround banks in order to prevent citizens from withdrawing their money and … Continue reading China deploys TANKS in the streets to prevent citizens from withdrawing their money from banks amid collapsing financial system
