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Topic: Wheat War I is going to be World War III - page 9. (Read 6301 times)

legendary
Activity: 2520
Merit: 1218
Countries that are producing their own needs usually have lower prices

To bad that does not work for my country. For example all produced food must meet unite euro standard. I know that our farmers that produce milk cant sell it directly on our market. They must import it to a country that has a "milk factory" ( I dont know a proper word for that). There milk is getting "cleaned", something got added into it, packaged and imported back to us. Such a stupid milk cycle that only increases its price. Our own milk cost for us more than it cost in foreign shops.
legendary
Activity: 2324
Merit: 1035
Not your Keys, Not your Bitcoins
The situation is not looking good, I'll say that. Economic warfares and especially large ones like the one we are facing generally transform in full-blown military ones. I pray to God that doesn't happen, but realistically speaking the political relations between China, Russia, USA and Europe are very fragile right now. Nuclear attack defense precautions were aired on public TV in the United States - what clearer sign do we need?

When you add to this the economic recession and the possible future waves of COVID you can paint a really dire situation.
legendary
Activity: 3472
Merit: 10611
^^^^ LOL.. the Americans should consider themselves lucky. $5.68 per gallon means just $1.50 per liter. The pump prices in countries such as Germany and Turkey are almost double that much. The United States produce most of the oil and gas which they consume and they are fortunate that they don't have a great number of Green Party tree-huggers in their country. If that was the case, then they will be dealing with prices of more than $10 per gallon. The best example is that of Norway. They are one of the largest gas/oil exporters. Still diesel costs around $9 per gallon there.
Countries that are producing their own needs usually have lower prices, for example gas here is worth about $0.04 per liter but the price itself is not important the rise is. What the fuel price rise does is that it increases production cost for almost everything.
For example when diesel and gas prices rise, the farmer would have to spend more money to run their combines, tractors,... and the trucks that transport their goods to consumers would also have increased cost. That means food prices would go up a lot too.

This is partly why the inflation is still on the rise and both US and EU are reporting decades high rates. As Gentiloni, the European Commissioner for Economy, recently said the economy is weakening and the inflationary pressure still remains strong. Food prices, although the market calmed down a bit, are still 30% higher compared to last year, and are expected to rise more. This is while wages have not gone up nearly as much and unemployment is on the rise, this is despite the growth happening after the relaxation of containment measures.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Well.. it is a stupid thing to do.

Yeah, of course, says the one who thought a month has 40 days, that Ukraine will be conquered in two weeks, and just yesterday that the oil price will still be able to go to 200$, knowing you you're right now probably crying that oil is getting cheap right?
The ones having a 1 trillion fund are stupid, their 6.3% annual return is also stupid, they should just have that money over to be spent instead of "strengthing" the us dollar, right? Oh, and they should probably ditch their 13 billion investment in Indian companies and they're 34 billion in Chinese companies, with the * that that money is on public tarded companies on their own stock exchange!

But I already know, germans will freeze to death, euros is going to collapse, the Europeans are stupid, and only the anonymous genius here on bitcointalk by his name Sithara007, is right. We should really put you in charge of some international fund, I'm sure in the multitude of offers you're receiving every day there must be at least one or two, right?

Btw, since this topic of doom and gloom has been opened:
- wheat prices have gone down -21.45%%
- oil prices are down -12.84%
- Eu cereals are going to increase to record high since 2014
- and the final nail in the coffin for some morons that thought the EU will not have any sunflower oil anymore
Quote
EU oilseed production is forecast at 32.1 million tonnes (+7.8% / 5-year average), including a record 11.1 million tonnes of sunflower seed, allowing to compensate for the loss of supplies from Ukraine.
, or about the same as Russia (23 million) and Ukraine combined  ( 12 million).

Must be really painful for some...but that's the nice thing reality does
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
The best example is that of Norway. They are one of the largest gas/oil exporters. Still diesel costs around $9 per gallon there.

Yeah, the biggest moroons you can find in the universe those Norwegians.
Imagine that, taxing gasoline and putting the money in a welfare fund is what, the largest sovereign fund the world, and holding 60% of the funds all welfare and social funds in whole China do?
Cleary a stupid idea, imagine taxing gasoline so much and putting aside a measly $300 000 per citizen, that's peanuts, only 70 years of average working in India,  that must be the reason why India doesn't even have one. It's so damn stupid even Putin tried to copy it, of course with the efficiency of an S400 guarding an ammo depot against a himars strike.

It's so stupid that even a retarded would see the better choice was to subsidize gas like Venezuela did, every expert that freezes and unfreezes germans every single day of the 40 days of the month on this forum would agree it's a bad idea.
And look at the consequence,  Norway is up there on this list:
 https://www.globalpetrolprices.com/articles/85/
damn, it must be magic! Or it must be the work of somebody who knows how the economy works and what planning ahead means.

Well.. it is a stupid thing to do. Diesel without any taxes would be $4 per gallon. Taxing at a rate of 20% or 30% is still OK. Norway is taxing it at >100%. Norway is a small country of 5 million people. What they want to do with a trillion USD SWF, where majority of the assets are denominated in US Dollar? Effectively they are subsidizing the Americans, by strengthening their national currency. IMO, that money should be better spent, by giving it back to the people, or by using it for various infrastructure projects.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
The best example is that of Norway. They are one of the largest gas/oil exporters. Still diesel costs around $9 per gallon there.

Yeah, the biggest moroons you can find in the universe those Norwegians.
Imagine that, taxing gasoline and putting the money in a welfare fund is what, the largest sovereign fund the world, and holding 60% of the funds all welfare and social funds in whole China do?
Cleary a stupid idea, imagine taxing gasoline so much and putting aside a measly $300 000 per citizen, that's peanuts, only 70 years of average working in India,  that must be the reason why India doesn't even have one. It's so damn stupid even Putin tried to copy it, of course with the efficiency of an S400 guarding an ammo depot against a himars strike.

It's so stupid that even a retarded would see the better choice was to subsidize gas like Venezuela did, every expert that freezes and unfreezes germans every single day of the 40 days of the month on this forum would agree it's a bad idea.
And look at the consequence,  Norway is up there on this list:
 https://www.globalpetrolprices.com/articles/85/
damn, it must be magic! Or it must be the work of somebody who knows how the economy works and what planning ahead means.


legendary
Activity: 3752
Merit: 1864
More and more countries are being involved into wheat conflict. Now it is Turkey, as Ukraine says Russian ship carrying Ukrainian grain detained by Turkey. This is either fake or propaganda (but the sources, CNBC has a good reputation), or soon relationship between Russia and Turkey will be shaken.

I will put down question of this wheat origin, I am more interested in what will happen to this wheat. Can it be simply held, as I expect this ship to be under arrest or investigation for a long period, or this wheat will be spoiled in the end. When there are short of wheat in the world, loosing supply is a big no or failure.


What do you think is fake? What is Russia stealing? So she does it all the time, and not only in Ukraine!
Regarding grain - from the territory temporarily occupied by terrorists of the regions of Ukraine, the terrorists (Russians) first exported grain and other agricultural products "quietly", hoping that this would not be noticed. After hundreds and thousands of photo and video materials appeared of how it was stolen, how it was loaded and on what vehicles, to which ports it was carried and on which ships it was loaded, the Russians decided not to hide the theft. Now they are absolutely openly discussing on the central TV channels how they will now dispose of the "extracted" resources! How lucky they are, how they will sell grain, or even give someone as a gift, because "they can afford it." The country is a terrorist, the country is a thief, what surprises you?
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
^^^^ LOL.. the Americans should consider themselves lucky. $5.68 per gallon means just $1.50 per liter. The pump prices in countries such as Germany and Turkey are almost double that much. The United States produce most of the oil and gas which they consume and they are fortunate that they don't have a great number of Green Party tree-huggers in their country. If that was the case, then they will be dealing with prices of more than $10 per gallon. The best example is that of Norway. They are one of the largest gas/oil exporters. Still diesel costs around $9 per gallon there.
legendary
Activity: 3472
Merit: 10611
Diesel price rise is the next problem that farmers have to deal with which would decrease production leading to shortage and even more increased prices. It's not just gas prices that go up specially in US that is currently averaging at $5.14 the Diesel price is soaring and has gone up 57% over the past couple of months.


This doesn't just affect crops, it affects livestock too which we can clearly see in the increase meat prices in the West.

P.S. Speaking of US what is going on with the series of fires in food industry facilities all over America? There has been over 100 of them in the past year and they are only increasing in numbers. It's not just that, there are increasing number of fires in energy industry facilities too! The most recent one was in Oklahoma (5 days ago) which was so big that caused a 1.74 magnitude earthquake.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
^^^ Barrel at $200 is still possible, if the West moves ahead with their stupid plans for price cap on Russian oil. Too bad that India and China have told them to GTFO. And as far as employment is concerned, the true impact will take some time to be visible on ground. Industries will start to layoff employees once losses accumulate beyond a certain threshold. They haven't yet reached that stage.

And congratulations for driving away Russians from the Snake island. The last time I heard about it, the Ukrainians tried to plant their flag there. Retreated after 5 minutes, with dozens of casualties.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Propaganda is nice till it starts hitting you, all those claiming the west will be ruined, cheering that Europeans will freeze to death, will starve because of sanctions, I wonder how next spring will look for you, once reality strikes.

Did anyone claimed that the Europeans will freeze to death if the Russian pipeline gas flows are halted? Only around one-third of Europe's gas comes from Russia, so there is no point in saying such things.

You should really go and have that checked up, it's not the first time you forget your own words, or it might be a split personality, but since I'm a nice guy let me remind you of all the funny stupid things you were saying around here

The underground gas storages are at all time low and in case Russia doesn't send gas to Germany, then half of the population will freeze to death by the end of this year.

Remember now how you claimed that 40 million germans will freeze to death if the gas is turned off?   Grin
And since we're on the subject of forgotten things you have predicted, the barrel at 200 and Ukraine getting conquered in half in a few weeks in April, do you still get those?

Meanwhile, probably the records tourists in Spain and Greece which are expected to break by 20% the pre covid record are probably there to catch a bit of heat for the winter. And maybe so are the ones working too, with EU reaching record employment despite all the collapses in the industry...
Or maybe they are on the beach cheering for the first grain vessels leaving Ukraine now that Russia has been kicked out of Snake Island and they are too afraid to come near the shore after the Moskva lesson?

PS.
Seriously, get that checked up, swallowing propaganda all day will do terrible things to you, in a few years at this pace you're going to forget your name and you're going to call yourself Peter the Great..


legendary
Activity: 3472
Merit: 10611
Protests are going on in the Netherlands right now, after the government introduced some similar step. Farmers are out of the roads protesting. And there is a good chance that the regime will be overthrown.
I saw something on twitter yesterday about Dutch farmers bringing a tank to their protest! Granted some said it was fake news but it got my attention to the protests in Netherlands and police shooting them which was very real!

In any case there are dominoes that are falling one after the other, Sri Lanka, Netherlands, Germany, France, ... and how the British government just fell apart over night! They thought they could exit European Union before the Russians attacked so that they could save themselves from the effects of that conflict on their own economy while other EU nations burnt. Then after EU got weak enough, come back as the "Savior". They never expected addition of 1.5 million homeless in only 3 months this year according to the Guardian!
Little did they know, it all affected England too, specially due to all the Pounds they'd printed. They also didn't expect their ally, US, would stab them in the back which is surprising considering how many times they've been stabbed. I still laugh when I think about how the British Royal Navy warship was begging the US Aircraft Carrier group a few miles away for help to stop us from seizing their ship and the US marines shitting their pants said their whole navy would sink if they got involved Cheesy

P.S. Apparently Scotland is now talking about independence too! Considering most of England's energy comes from there, that makes it very interesting.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag

They're all trying to block each other's trade route now to starve each other. Turkey is really walking on a thin line.

Meanwhile leaders are quiting their post, one was assasinated peace be upon Shinzo Abe while Biden comes back begging for gas in Iran and considers lifting tarriff on Chinese trade. Desparation will come.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Propaganda is nice till it starts hitting you, all those claiming the west will be ruined, cheering that Europeans will freeze to death, will starve because of sanctions, I wonder how next spring will look for you, once reality strikes.

Did anyone claimed that the Europeans will freeze to death if the Russian pipeline gas flows are halted? Only around one-third of Europe's gas comes from Russia, so there is no point in saying such things. That said, a number of European manufacturing units have already closed down as a result of gas shortages. BASF is Germany is one of the examples. The Europeans are not going to freeze to death, but they will have to deal with millions of unemployed citizens pretty soon, if this crisis continues for some time.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
And this one is gold, I mean, even if you would have the meanest propaganda on your side you wouldn't be able to come up with stories like the reality in Russia. So after Europe was on the verge of collapse from lack of food and oil, the newly resurrected clone of McDonalds in Russia, has stopped serving french fries...

Directly from the source, rough google translation
https://vkusnoitochka.ru/articles/news/potato-temporarily-not-available/

Quote
In addition, it became impossible to import from markets that could become temporary suppliers of potatoes for enterprises in Russia.
According to our estimates, the major players in the market are facing similar difficulties, despite the fact that the standard of tubers used at Vkusno - i dot is higher than that of competitors. Potatoes will return to the menu of the network's enterprises in full at the beginning of the next harvest year, in the fall of 2022.

So till the next harvest, no more potatoes for you!!!

Meanwhile, in the other fortress resisting western imperialism, the galactic superpower of Iran:
https://www.radiofarda.com/a/expensive-iran-fruit/31911506.html

Quote
A member of the Board of Directors of the Beef Production and Distribution Union said on June 27 that the sale of veal meat has dropped by 20% in the past weeks. The head of the Federation of Food Industry had announced in early June that the sale of food industry products in the country would be halved.

Things are going so well that food products consumption will be halved since nobody afford them anymore. Of course, these guys are lying, who the hell are they, directors and heads of federations, we know by the above excel graph things are doing great:

Quote
The Chairman of the Board of Directors of the Association of Dairy Products Industries also announced in the middle of June, referring to the 80% increase in the price of dairy products last month, that the consumption of dairy products in households has decreased by 20%

Propaganda is nice till it starts hitting you, all those claiming the west will be ruined, cheering that Europeans will freeze to death, will starve because of sanctions, I wonder how next spring will look for you, once reality strikes.
legendary
Activity: 1848
Merit: 1982
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Quote
The real question is how each country will deal with this crisis. On what scale will conflicts erupt?

Unfortunately we are in a world like a jungle, the strong eat the weak and the big eat the small, this could be the answer to your question, it means that every country will deal with this crisis from the principle of narrow national interest first, every country will try to solve its problem at the expense of other countries, America for example It plans to destroy Russia in cooperation with NATO, but in fact it does not care about the suffering of Europe or the NATO countries as a result of the sanctions imposed on Russia, which led to the suffocation of Europe, while America is far from all this and is trying to exploit all parties to its advantage. European countries also may resort to concluding some understandings with Russia and sacrifice Ukraine, if necessary.
The struggle over food and natural resources may eventually lead the world to a third world war.
sr. member
Activity: 1554
Merit: 260
This is amazing how everything is connected in the world. The Ukraine-Russian war causes more troubles outside contested territory, then inside. I think some countries are even feel pity that they took part in this war and now are involved into financial problems of whole world. They could have been sitting quietly at home, doing their own stuff. But now, as they have impose sanctions, they are hit with financial boomerang.
In all that war - the good take away is Russia is not stoppable. How they have started accepting Ruble for oil and gas trade is already a big game changer.
Russia have kept a tight control on their state bank and how they are bouncing back is exemplary also the way they have used their gold resources. They are going to fight back. Lesson learnt from this war is depend in your own resources.
legendary
Activity: 2520
Merit: 1218
This is amazing how everything is connected in the world. The Ukraine-Russian war causes more troubles outside contested territory, then inside. I think some countries are even feel pity that they took part in this war and now are involved into financial problems of whole world. They could have been sitting quietly at home, doing their own stuff. But now, as they have impose sanctions, they are hit with financial boomerang.
member
Activity: 868
Merit: 38
Join hands and help me to grow everybody...
there are two options left, either the Iranian government is lying in its statistics, or you're the one doing the lying.
But maybe, since the rial is doing a /100 or /1000, can't remember the zeros anymore,  against the dollar maybe a 80% increase in food price is the normal thing there, and locals call it a "small" rise.

Iran is still in comfortable position despite ban from USA , thanks to Iran internal unity and rich oil reserves. Iran is self sufficient in producing food items and electricity. Its even importing these things to its neighbours. I am not sure about Iran statistics but still Iran is far better then many countries of its region.
since i know of Iran it's a country that likes to fight in any form which i believe that they are not world powers. This country does Malta have economic Factor compared to others but what I know if you delete that the country comfort and demolish whatever thing they have but their statistics concerning a positive thing is not really recommended
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Did anyone read the news about Sri Lanka? The country is currently in a state of anarchy, with its citizens protesting, and breaking inside the presidential residence. It started with a stupid government policy that they will stop importation of fertilizer in a bid to become the first country to be all organic in their agricultural sector. The result, FARMING YIELDS WENT DOWN 50%, causing a food shortage!

That was one of the reasons. And it is a lesson for all those stupid tree huggers around the world. Protests are going on in the Netherlands right now, after the government introduced some similar step. Farmers are out of the roads protesting. And there is a good chance that the regime will be overthrown. These Green party guys are a curse to the world. In the name of environmental protection, they are just brining in more misery. What is the point in shutting down nuclear power plants, when nuclear energy is the most clean and cheap version of electricity that is available? And Green Party in Europe has been in the forefront to bring additional sanctions to Russia, which resulted in the cost of fertilizer going up by 3-4 times.
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