The two obvious questions are: How soon? I would say by election day November 2024. That might make for interesting political campaigns if we still have a functioning government at that point. And secondly, does this have to be our future? No. We could change our government between now and then.
Bloomberg, Albert Edwards, Deutsche Bank and several agricultural websites have noted higher food commodity prices, spurred by massive Chinese imports from America which are up 600% for some commodities. Deutsche Bank has warned us that spiking food prices could cause revolutions in Asia just as it did in the Arab Spring a few years ago. Of course the Arab Spring revolutions were exploited by the US. Continue reading “$200 Grocery Bill Soon to Be $12,000”