We know what’s coming and we are prepared.
Global fertilizer prices are rising: 25% of nitrogen trade flows through the Strait of Hormuz. Its closure has seen Urea prices jump 15% in just the last days.
This comes just in time for Spring planting, meaning farmers (who are already going bankrupt at a record pace) will literally have to give up the farm, accelerating consolidation into the hands of technocrats like Gates (already the #1 individual holder of US farmland).
And, of course, it translates to higher food prices. Factor in also the cost of fuel for farm operations and product transport...and this is a full-chain gut punch for food security.
Grow those gardens!
We hear a lot of rhetoric that 'Islam has conquered Europe'.
Clearly there are problems with mass migration here.
Yet this has been built in the Great State of Texas.
So the problems seem to be everywhere!
