April 25, 2022
World Trade Starting to Collapse
Frank Lasee
More food inflation on its way. Keeping the palm oil in Indonesia is to protect their citizens first.
Markets Insider
This is probably the first of many that are coming. We build overelaborate supply chains and too much international trade, and now that these lines are broken countries are starting to shut down on exporting. Why not? They have to look after their own, as you point out Frank. When it all falls apart economies become local. It's exactly what happened with the fall of Rome, or any other great economic power.
More food inflation on its way. Keeping the palm oil in Indonesia is to protect their citizens first.
Markets Insider
"Indonesia's ban on exports is likely to further fuel global food
inflation," according to GRO Intelligence, a global agriculture data
analysis firm.
Tim adds:This is probably the first of many that are coming. We build overelaborate supply chains and too much international trade, and now that these lines are broken countries are starting to shut down on exporting. Why not? They have to look after their own, as you point out Frank. When it all falls apart economies become local. It's exactly what happened with the fall of Rome, or any other great economic power.
Posted by: Timothy Birdnow at
09:14 AM
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More food inflation on its way. Keeping the palm oil in Indonesia is to protect their citizens first.
Posted by: Fake Watches at August 08, 2023 05:18 AM (OAWTR)
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