From The Gold Telegraph – Global Food Supply Chains Beginning to Erode, Crisis Looms?
…One would begin to believe history might not be repeating itself, but it is undoubtedly starting to rhyme. During the great depression of the 1930s, the hardest-hit industry was farming. Farm incomes dropped by nearly two-thirds at the beginning of the 1930s. Dairy farmers dumped countless gallons of milk into the street instead of accepting a penny a quart.
During World War 1, farmers had produced record crops and livestock to keep everyone fed. However, when prices started to fell, they tried to harvest even more to pay their debts and living expenses. In the early 30s, prices dropped so low that many farmers went bankrupt and lost their farms. In some cases, the price of a bushel of corn fell to just eight to ten cents. Some farmers even began burning corn rather than coal in their stoves because corn was cheaper.
However, there is a dramatic difference today. Prices are not dropping; in fact, grocery bills are getting more expensive by the day. Supply chains are being disrupted due to the transportation and of course processing of a vast selection of foods.
As we are beginning to learn, the country where the coronavirus started, China, may now be facing a food crisis. The country has just reopened its economy as the communist regime has even claimed a coronavirus victory.
However, there was a leaked government document made public last Thursday that shows that government officials have been planning for a shortfall in food supplies.
The document, dated March 28, was drafted following a meeting which was called to make special arrangements for food security.
Leaked #CCP official notification from Linxia Prefecture in #Guansu Province in #China issued on Mar 28. Main points: Enhance awareness of the urgency and crisis state of food shortage. Guide and motivate the mass to ensure each family maintains food storage for 3-6 months. pic.twitter.com/GLpGyeBvu4
— Jennifer Zeng 曾錚 (@jenniferatntd) April 1, 2020
“The State Party Committee and the state governments and counties and cities must do everything possible to transfer and store all kinds of living materials such as grain, beef, mutton, oil and salt through various channels,” the document said, according to a report from Radio Free Asia
The document also calls for the “mobilization of the masses to consciously store grain and ensure that each household reserves between 3 and 6 months of grain for emergencies…”
Click here to read the entire article at The Gold Telegraph.