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(Guardian)   Just in case you were feeling comfortable today, Here's an article about how global food systems are looking eerily similar to global banking systems in 2008   (theguardian.com) divider line
    More: Scary, Agriculture, International trade, Food, Global financial system, 2007-2008 world food price crisis, global food system, Famine, Financial system  
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589 clicks; posted to Business » on 19 May 2022 at 9:03 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



26 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-05-19 9:08:10 AM  
I invested all my money in collarteralized wheat obligations of subprime fields.
 
2022-05-19 9:27:52 AM  
I said it would take a food shortage to start a revolution in the usa.  if people can't get their pizzas and double bacon cheeseburgers there will be hell to pay
 
2022-05-19 9:29:38 AM  
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2022-05-19 9:32:29 AM  
Solid article. More explanatory than fear-monger-y.

TL/DR, market concentration is a biatch.
 
2022-05-19 9:34:47 AM  
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2022-05-19 9:39:57 AM  

Ham Sandvich: Solid article. More explanatory than fear-monger-y.

TL/DR, market concentration is a biatch.


Yep, the US government's obeisance to Wall Street and their perfidy in assuring the public that market concentration isn't bad is going to get a lot of people killed.
 
2022-05-19 9:42:23 AM  
The same has been occurring in healthcare. Arguably, it has been accelerating since 2008. See the Aetna-CVS merger and Kaiser Permanente's expansion - particularly in red states that refuse to expand access to Medicare/Medicaid.
 
2022-05-19 9:50:39 AM  
Before someone piles into the thread to mock M4A by describing it as a government monopoly operated by bureaucrats, I will note that my grandparents and even my parents were largely at liberty to see any doctor or use any pharmacy, including an independent, Mom & Pop pharmacy, that they chose. If we avoid privatization and keep greedholes like KP away from it, M4A could support decentralization in medical care. The key is to keep any entity associated in any way with investors the hell away from our M4A.
 
2022-05-19 9:51:27 AM  

imashark: Ham Sandvich: Solid article. More explanatory than fear-monger-y.

TL/DR, market concentration is a biatch.

Yep, the US government's obeisance to Wall Street and their perfidy in assuring the public that market concentration isn't bad is going to get a lot of people killed.


I've been assured that the free market will sort it all out, so long as we ignore the entire history of captured markets.
 
2022-05-19 10:04:37 AM  

Bruscar: Before someone piles into the thread to mock M4A by describing it as a government monopoly operated by bureaucrats, I will note that my grandparents and even my parents were largely at liberty to see any doctor or use any pharmacy, including an independent, Mom & Pop pharmacy, that they chose. If we avoid privatization and keep greedholes like KP away from it, M4A could support decentralization in medical care. The key is to keep any entity associated in any way with investors the hell away from our M4A.


I'm mad that Washington beat Massachusetts to a state public option. There's no better way to undercut the endless premium increases and ya don't have to wait for the Senate to unfark itself.
 
2022-05-19 10:53:55 AM  
Maybe we can solve this by putting food on the blockchain as NFTs!
 
2022-05-19 10:56:45 AM  

ltdanman44: I said it would take a food shortage to start a revolution in the usa.  if people can't get their pizzas and double bacon cheeseburgers there will be hell to pay


70 million hangry rednecks with Sears Catalogue AR-15s.
Great.
 
2022-05-19 10:58:16 AM  
WHO says we will run out of our earth's arable topsoil in 60 years.

Which means...if we do nothing...this planet has less than 60 harvests left...then...no more food...for anyone.
 
2022-05-19 11:41:50 AM  

A Cave Geek: WHO says we will run out of our earth's arable topsoil in 60 years.

Which means...if we do nothing...this planet has less than 60 harvests left...then...no more food...for anyone.


It really puts recycling into a new context when thought about that way.

We really need to start internalizing the cost of our waste management. I'm pretty sure our lives depend on it.
 
2022-05-19 12:44:28 PM  

ltdanman44: I said it would take a food shortage to start a revolution in the usa.  if people can't get their pizzas and double bacon cheeseburgers there will be hell to pay


Global grain prices will barely effect the USA.  The limiting factor we face in grain production is shipping costs.  We throw away so much perfectly good food because it's not economical to ship it further than we currently do.  If the prices go up enough it will be.

We ship soybeans to Asia, but that's only because soy is a good nitrogen fertilizer farmers use in crop rotations, and the ships hauling goods from there to here would be sailing back empty, or with garbage, otherwise.

The price of beef is going up, but that's mostly inflation rather than feeding the cows.  The cost of a cheeseburger at a fast food chain isn't going up nearly as rapidly despite having to pay more for labor.  The building and the equipment are more expensive than the people or ingredients ever were.

At least on a per burger basis.
 
2022-05-19 12:46:23 PM  

Target Builder: Maybe we can solve this by putting food on the blockchain as NFTs!


Be patient son. Just a matter of time until a crypto bashing article is greened. You don't want to use up all your good material early, do you?
 
2022-05-19 1:16:40 PM  

Bruscar: Before someone piles into the thread to mock M4A by describing it as a government monopoly operated by bureaucrats, I will note that my grandparents and even my parents were largely at liberty to see any doctor or use any pharmacy, including an independent, Mom & Pop pharmacy, that they chose. If we avoid privatization and keep greedholes like KP away from it, M4A could support decentralization in medical care. The key is to keep any entity associated in any way with investors the hell away from our M4A.


If we stop privatization, how will we privatize  the profits and socialize the losses.

Aint no politician gonna let the profits be socialized or the losses be privatized.  Their donors would stop donating.  Then the whole system of politics would collapse.
 
2022-05-19 1:17:30 PM  

jso2897: ltdanman44: I said it would take a food shortage to start a revolution in the usa.  if people can't get their pizzas and double bacon cheeseburgers there will be hell to pay

70 million hangry rednecks with Sears Catalogue AR-15s.
Great.


We need Biden to do a first strike and take them out before they take us out.
 
2022-05-19 1:53:44 PM  
The article doesn't really say that, although it wants to.

What the article actually says is that if there is a war in a country that normally exports a lot of food, people in other countries that normally depend on that food will starve if such food is taken out of the global marketplace by said war, plus if the country that invades it gets sanctions applied to it and also exports a lot of food, that food being taking out of the global marketplace will cause further problems.

Short TL;DR: People in Africa and the like are starving due to the war in Ukraine.
 
2022-05-19 2:00:03 PM  

ltdanman44: I said it would take a food shortage to start a revolution in the usa.  if people can't get their pizzas and double bacon cheeseburgers there will be hell to pay


The United States is a large net exporter of food and always will be, barring seriously extreme events (nuclear or civil war for instance).  We ain't running out of food, ever.
 
2022-05-19 2:19:46 PM  

A Cave Geek: WHO says we will run out of our earth's arable topsoil in 60 years.

Which means...if we do nothing...this planet has less than 60 harvests left...then...no more food...for anyone.


Bought a compost bin this spring.  Think it's around 110 gallons or something, just stuck it in the corner of our property and keep a smaller one in the kitchen that we empty a couple times a week.

It's not much but figured why pay for garden compost if I can make some myself.

/probably off topic but oh well
 
2022-05-19 2:45:23 PM  

Geotpf: ltdanman44: I said it would take a food shortage to start a revolution in the usa.  if people can't get their pizzas and double bacon cheeseburgers there will be hell to pay

The United States is a large net exporter of food and always will be, barring seriously extreme events (nuclear or civil war for instance).  We ain't running out of food, ever.


As long as we cut off the world from food.

We will have to choose who starves.  Will the blue states choose to starve the red states so we can ship food to the starving countries who are net importers?  Will the blue states cut back their own food consumption?  We all know the red states wont choose to eat less or starve.

So, who do we starve?
 
2022-05-19 4:04:54 PM  

AmbassadorBooze: Geotpf: ltdanman44: I said it would take a food shortage to start a revolution in the usa.  if people can't get their pizzas and double bacon cheeseburgers there will be hell to pay

The United States is a large net exporter of food and always will be, barring seriously extreme events (nuclear or civil war for instance).  We ain't running out of food, ever.

As long as we cut off the world from food.

We will have to choose who starves.  Will the blue states choose to starve the red states so we can ship food to the starving countries who are net importers?  Will the blue states cut back their own food consumption?  We all know the red states wont choose to eat less or starve.

So, who do we starve?


Sounds like a civil war is going on in your scenario.
 
2022-05-19 5:53:44 PM  

Geotpf: AmbassadorBooze: Geotpf: ltdanman44: I said it would take a food shortage to start a revolution in the usa.  if people can't get their pizzas and double bacon cheeseburgers there will be hell to pay

The United States is a large net exporter of food and always will be, barring seriously extreme events (nuclear or civil war for instance).  We ain't running out of food, ever.

As long as we cut off the world from food.

We will have to choose who starves.  Will the blue states choose to starve the red states so we can ship food to the starving countries who are net importers?  Will the blue states cut back their own food consumption?  We all know the red states wont choose to eat less or starve.

So, who do we starve?

Sounds like a civil war is going on in your scenario.


Possibly.  The civil war could be headed off by keeping the food in the US.  Bit that makes the rest of the world starve.
 
2022-05-19 6:34:20 PM  

Geotpf: AmbassadorBooze: Geotpf: ltdanman44: I said it would take a food shortage to start a revolution in the usa.  if people can't get their pizzas and double bacon cheeseburgers there will be hell to pay

The United States is a large net exporter of food and always will be, barring seriously extreme events (nuclear or civil war for instance).  We ain't running out of food, ever.

As long as we cut off the world from food.

We will have to choose who starves.  Will the blue states choose to starve the red states so we can ship food to the starving countries who are net importers?  Will the blue states cut back their own food consumption?  We all know the red states wont choose to eat less or starve.

So, who do we starve?

Sounds like a civil war is going on in your scenario.


How about we all agree to starve. We then have a baseline where we can get something  done.
 
2022-05-19 8:31:14 PM  

sgarri7777: Geotpf: AmbassadorBooze: Geotpf: ltdanman44: I said it would take a food shortage to start a revolution in the usa.  if people can't get their pizzas and double bacon cheeseburgers there will be hell to pay

The United States is a large net exporter of food and always will be, barring seriously extreme events (nuclear or civil war for instance).  We ain't running out of food, ever.

As long as we cut off the world from food.

We will have to choose who starves.  Will the blue states choose to starve the red states so we can ship food to the starving countries who are net importers?  Will the blue states cut back their own food consumption?  We all know the red states wont choose to eat less or starve.

So, who do we starve?

Sounds like a civil war is going on in your scenario.

How about we all agree to starve. We then have a baseline where we can get something  done.


Who is "we"?  The maga aint gonna agree to give up a single big mac for people not in their tribe.  Are you suggesting the blue zones give up their food for the other countries?  That would just weaken the blue zones and make them vulnerable to maga attack.  Imagine the buffalo maga attack times 1000.  And they wont stop.  If they have an advantage, they will use it to attack.
 
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