We Are In So Much Trouble by for The Economic Collapse Blog
What we are witnessing is truly the beginning of the end. In recent months I have focused a lot on the economic implosion that is now taking place, but what we are facing is so much broader than that. Our society is literally falling to pieces all around us, and now World War 3 has begun. Many regard the war that has erupted on the other side of the globe as just a conflict between Ukraine and Russia, but the truth is that it is really a proxy war between the United States and Russia. And since neither side seems much interested in diplomacy at this point, this proxy war could eventually become a shooting war between the two greatest nuclear powers on the entire planet.
Before the war started, events were already starting to accelerate substantially. Inflation was out of control, a new energy crisis had flared up, and global food supplies were getting tighter and tighter. But now we are truly in unprecedented territory. If you doubt this, just look at what is happening to the price of fertilizer.
Fertilizer prices 1993-present
The spike in the middle is the 2008 financial crisis
>it’s so over pic.twitter.com/MW0Csb1mXj
— Alexei Arora (@AlexeiArora) March 26, 2022
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That chart should chill you to the core, because it clearly tells us that food shortages are coming.
In fact, even Joe Biden is now publicly admitting that food shortages are coming. On his show the other night, Tucker Carlson broke this down in a way that only Tucker Carlson can…
In the video that you just watched, we are told that some fertilizer prices are now four to five times higher than they were a year ago.
Here in the western world, most farmers will simply bite the bullet and pay the higher prices. In turn, we will pay higher prices for food at the grocery store.
But in poorer parts of the globe, many farmers will use a whole lot less fertilizer or none at all. As a result, global food production will be way down in the months ahead.
To turn this crisis around, what we really need is for the proxy war in Ukraine to end. Unfortunately, both sides just continue to escalate matters instead.
For example, on Saturday Joe Biden shocked the entire world when he stated that Vladimir Putin “cannot remain in power”…
President Joe Biden on Saturday said Russian leader Vladimir Putin “cannot remain in power,” ratcheting up international pressure and further uniting NATO allies against Putin over his invasion of Ukraine.
“A dictator, bent on rebuilding an empire, will never erase the people’s love for liberty,” Biden said at the end of a sweeping speech in Poland. “Ukraine will never be a victory for Russia, for free people refuse to live in a world of hopelessness and darkness.”
That was a call for regime change in Russia.
Russian leaders were already paranoid about western intentions before, and now their paranoia is going to be off the charts.
Biden administration officials are trying to walk back Biden’s comments, but the damage has already been done.