And as the following table from Bloomberg Economics shows, while Pakistan is already in the midst of a political crisis and Egypt is already coming under financial pressure (along with Peru and Sri Lanka), the surge in food prices is also adding to problems in the developed world.
Nigeria, India, Colombia, Philippines, and Turkey all bear watching, along with Russia...
https://pic8.co/sh/aLJYpa.png
In fact, as PeakProsperity's Chris Martenson details below, the inflation riots have begun. Peru and Sri Lanka both are experiencing violence as inflation spirals the prices of basic necessities higher and higher.
And as the following table from Bloomberg Economics shows, while Pakistan is already in the midst of a political crisis and Egypt is already coming under financial pressure (along with Peru and Sri Lanka), the surge in food prices is also adding to problems in the developed world.
Nigeria, India, Colombia, Philippines, and Turkey all bear watching, along with Russia...
https://pic8.co/sh/aLJYpa.png
In fact, as PeakProsperity's Chris Martenson details below, the inflation riots have begun. Peru and Sri Lanka both are experiencing violence as inflation spirals the prices of basic necessities higher and higher.
(post is archived)