is going to take care of itself."
Who is paying these nitwits that keep saying this?
Corn and soy bean yields are going to be less than normal this year due to weather conditions. That is in all likelihood a big understatement.
Corn and soy beans go into some 4000 consumer products combined.
Lower yeilds? = Higher prices.
Thats not even mentioning the fact that Diesel is about 30% more now than it was around this time last year.
PETROLEUM & OTHER LIQUIDS U.S. No2 Diesel Retail Prices
Higher cost to harvest the same amount of acreage for a lower yield of products that are going to go into some 4000 consumer product.
You don't need a PHD in economics to see where this is going.
Thats not even mentioning:
Natural Gas Soars 700%, Becoming Driving Force in the New Cold War
"Shortages of the fuel are rippling throughout the global economy, threatening recessions and a further wave of inflation."
"The war in Ukraine catalyzed the gas crisis by taking out a crucial chunk of supply. Now the scramble to fill that gap is turning into a worldwide stampede, as countries race to secure scarce cargoes of liquefied natural gas."
(It was all part of the plan)
"One morning in early June, a fire broke out at an obscure facility in Texas that takes natural gas from US shale basins, chills it into a liquid and ships it overseas. It was extinguished in 40 minutes or so. No one was injured.
It sounds like a story for the local press, at most — except that more than three weeks later, financial and political shockwaves are still reverberating across Europe, Asia and beyond."
(Talked a lot about idiosyncrasies/mirror worlds etc)
"It’s a key driver of global inflation, posting price jumps that are extreme even by the standards of today’s turbulent markets — some 700% in Europe since the start of last year, pushing the continent to the brink of recession. It’s at the heart of a dawning era of confrontation between the great powers..."
Germany says gas shortfalls could trigger a Lehman Brothers-like collapse, as Europe’s economic powerhouse faces the unprecedented prospect of businesses and consumers running out of power.
(How many times you gotta say it?
Matthew 24:21
For then shall be great tribulation, such as was not since the beginning of the world to this time, no, nor ever shall be.)
"Forty-four countries imported LNG last year, almost twice as many as a decade ago. But the fuel is much harder to shift around the planet than oil, because it has to be liquefied at places like the Freeport plant in Texas."
"And that’s why a minor explosion at a facility seen as nothing special by industry insiders — it’s not the biggest or most sophisticated of the seven terminals that send LNG from American shores – had such an outsized impact."
"With key political allies from Germany to Ukraine desperate to buy American gas, US manufacturers warn that more sales abroad will mean higher costs at home. The market reaction to the Freeport fire illustrates a “clear connection between LNG exports and the inflationary impacts to domestic prices for natural gas and electricity,” says Paul Cicio, president of the Industrial Energy Consumers of America."
(Do you think maybe there is a reason everything we do everywhere we turn it's nothing but a catch 22?
Revelation 6:15-17
"Everyone hid in caves and among the rocks of the mountains. This included the kings of the earth, the princes and the generals. It included rich people and powerful people. It also included everyone else, both slaves and people who were free. They called out to the mountains and rocks, “Fall on us! Hide us from the face of the one who sits on the throne! Hide us from the anger of the Lamb! The great day of their anger has come. Who can live through it?”
Had to :-)
"But Europe’s breakneck efforts won’t be enough, according to Bloomberg Intelligence, which calculates that LNG imports could meet 40% of the region’s gas needs by 2026 — double last year’s figure, but still far short of the volumes that Russia has been supplying."
"In Pakistan, which built its energy system on cheap LNG, planned blackouts are plunging regions into darkness during the sweltering summer months. Shopping malls and factories in major cities have been ordered to shut early, and government officials are working shorter hours."
“Where once natural gas markets were largely regionally siloed, we now have a globalized spot market that has connected the world’s exposure to the fuel that has become critical to many economies,” said James Whistler, Singapore-based managing director at Vanir Global Markets, an energy and environmental brokerage. “This has never been more evident than in the past few months.”
(Yeah, inflation is just just gonna take care of itself? Like I asked at the start, who is paying these people to say this nonsense?
Football analogy:
You don't prepare for 5 wide receiver sets when you're playing a team that runs a wishbone offense, if you know what's coming? It's easier to prepare for and accept.
Luke 21:36
Watch ye therefore, and pray always, that ye may be accounted worthy to escape all these things that shall come to pass, and to stand before the Son of man.
Woe to any and all who ever stood in our way.
It will not be pleasant for you.)
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