America is rapidly moving toward the collapse of its entire food production system, now aggravated by uncontrolled inflation. And since the conflict in Ukraine has very little to do with the underlying causes of U.S. inflation, if it ended tomorrow, American grocery bills would still rise steadily.
Decades of increasing centralization of food production have created an unprecedented threat to Americans and humanity: an utter dependence on fossil fuels for cheap food. This refers not just to diesel fuel for tractors to plow and harvest, but fertilizers manufactured from natural gas and limited natural resources. Forget about the petrodollar; it is time to comprehend the wheatdollar — as input costs rise, food prices will skyrocket, most especially in factory grain–dependent confined animal feed operations (CAFOs).
John Klar, Author and Farmer
Better a poor and wise youth Than an old and foolish king who will be admonished no more. Ecclesiastes 4:13
Question:
Or what king, going to make war against another king, does not sit down first and consider whether he is able with ten thousand to meet him who comes against him with twenty thousand? Luke14:31
Answer:
A king who watches too much FOX TV, reads too many Marvel comics, pays attention to the New York Times, and watches too many Hollywood political thrillers.
The narrow strait is the most important chokepoint for the world's oil supply. Some 21 million barrels — or $1.2 billion worth of oil — pass through the strait every day.
Will a closed Strait hurt Iran? In terms of international oil sales, yes, but in terms of daily life, no. Iran pumps 3.5 million barrels of crude oil per day. The situation at this hour: