War in Ukraine: headed for economic collapse
I had intended to put something together about how the West is committing suicide in its response to the war in Ukraine.
First back to basics
Economic Warning! Russia & Energy = Imminent Financial/Economic Disaster
A troublesome shortfall in oil has been converted into a very real shortage that will translate into an economic nightmare. In this video I ‘do my thing’ and connect dots for you in a way that provides you with insights you can turn into concrete actions.
Russia’s Oil Exports Are Plunging Even Without Sanctions
I have been following Chris Martenson and Dmitry Orlov for about 10 years.
We parted company over his extreme pro-China stance in the early days of the covid-19 pandemic.
Whatever his views on China he is an absolute expert on energy and collapse.
Dmitry Orlov: Russia’s Incursion Into Ukraine Necessary for Security
Dmitry Orlov discusses the Ukraine situation and Russia undoing 30 years worth of accumulated damage, while the West punishes itself attempting to thwart Moscow.
He discusses the legality of Russia’s military incursion which is absolutely necessary in terms of its security.
Putin’s goals are to militarily neutralize Ukraine, get rid of the Nazi extremists, and form a new legal structure.
About Dmitry Orlov
Dmitry Orlov is a Russian-American engineer and a writer on subjects related to “potential economic, ecological and political decline and collapse in the United States,” something he has called “permanent crisis”. Orlov believes collapse will be the result of huge military budgets, government deficits, an unresponsive political system and declining oil production.
Orlov was born in Leningrad (now Saint Petersburg) and moved to the United States at the age of 12. He has a BS in Computer Engineering and an MA in Applied Linguistics. He was an eyewitness to the collapse of the Soviet Union over several extended visits to his Russian homeland between the late 1980s and mid-1990s.
In 2005 and 2006 Orlov wrote a number of articles comparing the collapse-preparedness of the U.S. and the Soviet Union published on small Peak Oil related sites. Orlov’s article “Closing the ‘Collapse Gap’: the USSR was better prepared for collapse than the US” was very popular at EnergyBulletin.Net.
Orlov’s book Reinventing Collapse:The Soviet Example and American Prospects, published in 2008, further details his views. Discussing the book in 2009, in a piece in The New Yorker, Ben McGrath wrote that Orlov describes “superpower collapse soup” common to both the U.S. and the Soviet Union: “a severe shortfall in the production of crude oil, a worsening foreign-trade deficit, an oversized military budget, and crippling foreign debt.” Orlov told interviewer McGrath that in recent months financial professionals had begun to make up more of his audience, joining “back-to-the-land types,” “peak oilers,” and those sometimes derisively called “doomers”.
In his review of the book, commentator Thom Hartmann writes that Orlov holds that the Soviet Union hit a “soft crash” because of centralized planning in: housing, agriculture, and transportation left an infrastructure private citizens could co-opt so that no one had to pay rent or go homeless and people showed up for work, even when they were not paid. He writes that Orlov believes the U.S. will have a hard crash, more like Germany’s Weimar Republic of the 1920s.
Regarding energy, the U.S. can’t go without Russia for more than a few months, Russia can go without the U.S. practically forever.
Western hysteria threatens escalation of the conflict.
Dmitry reveals the mystery of why Putin sits at the far end of the table.
He feels the U.S. is destroying the dollar which will destroy American living standards. Western leaders are losing their electorate and he’s concerned of the mental damage that has occurred throughout the West and thinks living in a place of social cohesion will be important.
FOOD CRISIS: EU expects shortages, S. Korea feed producers to declare Force Majeur
The food crisis is here. The EU’s agricultural ministers held an emergency meeting, and are set to activate a “Food Crisis Contingency Mechanism” in anticipation of the shortages resulting from the blocked 40% of global wheat exports that are no longer flowing from Ukraine/Russia. S. Korea’s animal feed producers are preparing to declare force majeur, unable to produce feed without the 300,000 metric tons they’d expected from Ukraine now stuck in the Black Sea. Nations are banning exports to cling to what food stocks they DO have. Things are escalating quickly in the food crisis.
(0:00) exec summary
(1:59) S Korea feed supply in trouble
(3:30) this is not normal (4:13)
EU food crisis mechanism (8:11)
InVivo: EU must relax restrictions (10:53)
Moldova bans wheat/sugar exports (11:11)
Food Chain Reaction Game (11:39)
India exporting wheat to Asia (12:40)
6 days ago
Merchant ships hit by missiles; Grain/fert exports STOP in Ukraine/Russia
Ukraine & Russia grains–30% of world global exports–are no longer moving as three merchant ships have been hit by missiles in the Black Sea, including one chartered by Cargill to move grains. Brazil is frantic after fertilizer imports from Russia are threatened. The global food trade is coming to a screeching halt and food prices are exploding even further as the conflict escalates. Christian breaks down the developments from just the last 48 hours in this Ice Age Farmer special report
LINKS:
https://www.washingtontimes.com/news/2022/feb/24/wheat-prices-soar-exporting-giants-ukraine-russia-/
https://twitter.com/IGCgrains/status/1494409567211450378
https://apnews.com/article/russia-ukraine-europe-russia-china-beijing-c73b5249d313d661ce1836911b1dbc45
https://www.dailymail.co.uk/news/article-10546931/Putin-cuts-vital-shipping-route-Ukraine-forces-Kiev.html
Merchant vessels hit:
https://www.reuters.com/world/europe/russia-halts-vessel-movement-azov-sea-black-sea-open-2022-02-24/
https://splash247.com/two-more-ships-hit-in-the-black-sea/
https://www.reuters.com/markets/asia/russias-monthly-grain-exports-by-destination-2022-01-31/
https://www.nasdaq.com/articles/india-turns-to-brazil-for-soyoil-amid-ukraine-crisis-exports-soar
https://www.cips.org/supply-management/news/2022/february/bayer-declares-force-majeure-after-manufacturing-failure/
https://www.reuters.com/article/ukraine-crisis-fertilizers-brazil-idUSKBN2KT34E
Farmers unable to get inputs (even before Ukraine!)
https://www.agweb.com/news/crops/crop-production/bayer-warns-more-glyphosate-shortages-heres-how-severe-situation-could