Africa Bread Heists

in africanfoodprices •  5 years ago  (edited)

This video was originally published 27/6/2019

Ryan Maui provided this map below which indicates incredible weather events predicted Texas as temperatures are likely to drop as this cloud of dust storm arrives from Western Africa. Those bright yellow patches over the Caribbean islands are an indication that this dust storm is incredibly dense and will be followed by another storm in the same flow. As this dust cloud progresses it is going to roll out for the next two weeks, which means the density will start to break up or dissipate, then after another week or so, all the dust will have fallen out of the atmosphere.

This will directly hit the United States, particularly, southeast US, Texas, and the Four Corners Area. So, for anyone who is there, if you notice strange sunset colors, unusual precipitation, or unusual temperature drops that is because the storm is on its first wave. This is going to be followed quickly by a second smaller storm, and then a third incredible amount of dust.

Other interesting news, as a warning is from Zimbabwe, “Armed robbers get away with 500 loaves of bread”. This same event was seen in Venezuela when food became really expensive. England, during the Maunder Minimum 1600’s also experienced this and during that time, every single grain shipment was accompanied by army troops for protection from bandits. We are indeed repeating the past, and now, we are coming into a new iteration of the past, which seems to be very similar, but this will be different. Learn about what can happen when food prices rise through history.

As of now, there is a severe bread shortage in Zimbabwe, due to the unveiling of its new Zimbabwean dollar. They call it ‘new’, but they actually just renamed it, like the way ‘global warming’ was renamed to ‘climate change’. Shortages in foreign currency are pushing back against wheat imports. By all accounts, importers only have enough wheat, for the entire country, for another two weeks.

Take note that it has not even run out yet, but some people are already stealing. Can you imagine what will happen when food really runs out, and the shortages are really here? How expensive and how dangerous will this be for any food transportation company?

Zimbabwe is now trying to allay the fears over its sudden dictatorial powers. The mandate is for the people in that country to use the new currency, and no other cross currency exchanges are allowed. So, the only legal tender in the country is the new unveiled, or rebranded Zimbabwean dollar called, the RTGS.

This new currency took everybody by surprise because the unveiling was not supposed to happen until 2020, and then suddenly, everyone is required by law to use the new currency. Subsequently, what do you think will happen as we get into the food price rises across the regular fiat spectrum?

For starters, crypto is rising, and this is just the beginning, but with all that happening, the last paragraph still said, “Do you think it will cause more fuel and food shortages because of imported goods?” Like they cannot see that is happening already.

I understand that reporters do not want to write anything against the government for fear of being arrested and be sent into a disposal facility somewhere, so, freedom of speech has been curtailed there as well. This should be a warning from socialists, as this is what happens when freedom of speech is controlled. The end result is observed in Venezuela and in Zimbabwe.

Meanwhile, this is the new Zimbabwean dollar exchange rate. This has to be excellent solid value, if you can get 361 of something for just a dollar.

This story from Ghana as I was searching through the African media, “Bakers increased prices of bread, other baked products due to the Cedi depreciation”. This article talks about the persistent increase in flour prices, which is news enough; but the earthen oven caught my attention.

For me, that is a winner if you are looking for options or ideas that will aid you in moving forward during the Grand Solar Minimum that do not require electricity. They were able to produce healthy products using what nature gave us, with no electricity needed. This are all over Ghana, if you are interested in learning about this.

I was also interested in their Kente Cloths many years ago, because the artwork is as beautiful and as colorful as their currency.

More importantly, Ghana is suffering massive inflation. Apparently, prices have increased continuously with the last total they put out in economic surveys from December 2018 were: 50 kg bag of flour, which is little over a hundred pounds, was GH₵ 120, now, it is GH₵ 165; sugar pricing has increased as well from GH₵ 140 up to GH₵ 180 for the same bag; and margarine, from GH₵ 140 to GH₵ 185 per container.

Looking into the future this exact phenomenon is going to happen globally as our fiat currencies continue to devalue, because of a soon to be massive push of money into higher food prices. By the end of 2019, you are going to be very aware of what is going on with the food prices, and how most of spending will be diverted if food doubles in price.

People will begin to pull away from movies, electronic goods, vacations, or whatever they buy that is not as essential to stay alive, like food and water are. This huge diversion into the food industry is going to cause inflation, as well as collapse for some businesses, but a huge opportunity for others.

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The risk is going to be higher, so banks are going to charge more money, just like what is happening in Zimbabwe. Their overnight interest rates have hiked from 15% to 50%. As I was reading the article though, most banks are paying 20% for the overnight rate, so they are just scratching over 5%.

The bare minimum then acts on that, and for some other riskier loans, they can charge those up to half, per day, which are in the category of loan shark rates. For more stories about full implosion, look for Zimbabwe.

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*** Today’s Story Links ***

Bread stolen in Africa

https://ewn.co.za/2019/06/21/zim-armed-robbers-get-away-with-500-loaves-of-bread-state-media

Zimbabwe forces new currency

https://ewn.co.za/2019/06/26/zimbabwe-allays-fears-over-gold-sales-remittances-after-currency-reform

Zimbabwe overnight rates

https://ewn.co.za/2019/06/25/zimbabwe-s-central-bank-hikes-interest-rates

Ghana Currency devalues food prices up

https://ghananewss.com/bakers-increase-prices-of-bread-other-baked-products-due-to-cedi-depreciation/

Zimbabwe dollar echange rates

https://www.xe.com/currency/zwd-zimbabwean-dollar

Nigeria food inflation

https://allafrica.com/stories/201906180570.html

https://allafrica.com/stories/201906180003.html

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Great to see your coverage, I'm in South Africa, just south of Zimbabwe and we have masses of migrants from across the border seeking shelter. The mass migration of economic migrants will probably swell still further under these current conditions.