Post
Topic
Board Economics
Re: Food crisis coming? What's wrong about it? It could be good
by
n0ne
on 03/06/2022, 23:44:23 UTC

I have heard about something like this before but it is still uncertain when that will be. It happens in the time of covid and it almost looks like everyone is going to die but now, everyone is back on their feet. The price of food had been skyrocketing without limit and the government is not doing anything about it on looking for a better alternative for inflation. It will be worsen in the third world countries that are still fighting with huge corruption where the percentage of poor masses are increasing on a daily basis
It looks like European countries are mainly facing the increase in the food shortage compared to the Asian countries. This is much due to the Ukraine war. The inflation over Europe have been recorded high above 8% and the Central Banks are struggling to balance and eliminate the recession. Even without the food and energy crisis the inflation is recorded to be 3.5% to 3.8% and the same have impacted the consumers. This means the price change on the consumer end have reached 39%