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It's time for a big thread 🧵 about the global triple crisis in fuel, food and fertilizers.
When it started, how it continues, and what lies ahead amid Russia's war on Ukraine in Europe and the growing Sino-American bifurcation of the global system. #realpolitik #geoeconomics
Food comes first.
@yaneerbaryam is the complex systems scientist who predicted the Arab Spring by indicating in his research in early 2011 that widespread violence would occur if skyrocketing global food prices (surging Food Price Index) were not reduced. vice.com/en/article/43y… Image
US policies on ethanol which means a huge amount of US corn is used to power cars rather than food & commodity market deregulation in late 90s were major cause of skyrocketing food prices. The peaks in the Food Price Index were the triggers of the food riots and the Arab Spring.
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