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Economy
One Bank Warns Soaring Food Prices Will Lead To Social Unrest
2021-04-29
[Zero] Yesterday we explained why with prices already soaring, global inflation was about to go into overdrive as the leading food price indicator that is the Bloomberg Agri spot index hit the highest level in six years.

In a nutshell, this is a problem since food is a large component of CPI baskets in Asia, and "this large inflationary impulse in the region that houses more than half the world’s population should result in higher wage costs in the factory base of the world. As CPI and PPI rise in Asia, it will feed through globally in the months ahead."

Today, DB's Jim Reid picked that chart as his "Chart of the day", repeating what readers already know, namely that Bloomberg’s agriculture spot index has risen by c.76% year-on-year, noting that "that’s the biggest annual rise in nearly a decade, and there are only a couple of other comparable episodes since the index begins back in 1991."
Posted by:Besoeker

#11  Berserk agricultural robots... that would be (consults Berserk Robot Movie Database) Runaway, starring Tom Selleck and the 8086.
Posted by: SteveS   2021-04-29 22:24  

#10  I watched the video and I'm trying hard to picture the Scorpion harvesting lettuce.

I can see this ending badly...
Posted by: Seeking Cure For Ignorance   2021-04-29 21:25  

#9  You know.
I think we are closer to Heinlin's Mobile Infantry Exoskeleton than we (general public) think. Scorpion Harvester would be a badass name for it.
Posted by: swksvolFF   2021-04-29 19:24  

#8  Damn, I was hoping for an arachnid eliminator.
Posted by: Skidmark   2021-04-29 19:15  

#7  Realized some may think I was making another video game reference instead of cheeky:

Scorpion Harvester.
Posted by: swksvolFF   2021-04-29 17:16  

#6  Unless a mini-Thanos is part of the goal.

I'm thinking robotics, meshes well with The Gates Umbrella buying up farmland and the proposed expansion of Federally Owned 'Parkland'.

Its basically there in the harvesters, with a pilot basically along for the ride, monitoring systems. Saw an ad for weeders - giant roombas zapping weeds with a laser. Liquid and Solid Fertilizer dispensers loaded with a map cross-referenced with soil samples to deliver an optimal amount in real time. Modified cargo packing software to optimize diesel and re-charge stations. Vehicle sensors are advanced enough for even Brie Larson to safely drive, so the only need for people would be the stuff automation couldn't take care of, like the unusual repair or picking the remains of a deer out of a header.

Sub that out to your regional reaction team company, who will know exactly what they need to take when dispatched, instead of getting there and head scratching, then back to town rinse repeat until done.

Operations would be conducted and monitored by one of those Farm Simulator savants, multiple operations, day/night, 24/7 as weather allows, auto run with alert cues.

Night harvest cuts in half harvest days, or at least saves from hauling around lights and generators. No mass of harvesters making the most of light means no more pissing and shitting on the lettuce, don't have to feed or water the workers. Electric tenders means less noise pollution and no combustion exhaust into the field.

After watching the dexterity video of the robo-dogs, it is easy to picture some Goro thing picking apples or a land octopus harvesting lettuce like a forestry Scorpion.

Then, suddenly, there is a large uneducated segment of the population who only bring to the table the skill of hard physical labor who are not longer needed. Then we have our Disciples of Thanos, even the least of which are thoroughly enjoying having stadiums and parks to themselves, constantly going on about overpopulation and pollution and food shortages.
Posted by: swksvolFF   2021-04-29 17:12  

#5  Okay, so tell the globalists to just hand out money to Asian farmers instead of funding riots everywhere.
Posted by: Dron66046   2021-04-29 11:59  

#4  Meat and gasoline to be made illegal.

Except to those with an In. Politicians, for example, for safety, of course. Capital Movers, for personal meetings, because hackers, of course.

What you want is the coveted stock in a smart grid start-up which will allow your e-vehicle to charge during the 'rolling blackout' electricity rationing because fire/freeze season, of course.

Perhaps Specialized Transport Systems, with a focus of transport from long distance landing strips to enclosed Dacha Districts: National Park Service protected eco sections with a careful eye between sustainable agriculture, human living conditions, and local scenery, of course.
Posted by: swksvolFF   2021-04-29 11:09  

#3  /\ Yes, a 'food and gasoline' ration card with a COVID vaccination date stamp. I think we're on to something.
Posted by: Besoeker   2021-04-29 10:21  

#2  Gee.

Yes, but not because of food. Not yet; have to wonder the end game of the food rationing balloon, I mean, uh, five burgers per year because farting.
Posted by: swksvolFF   2021-04-29 10:10  

#1  The USA already has social unrest.
Posted by: Grampaw Phavish2227   2021-04-29 09:55  

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