#4761 ·
Nancy Gomez26 said:I know exactly what I was paying for fertilizer four, three, or two years ago compared to what I'm paying today. But the biggest spike in fertilizer prices happened long before sanctions were ever introduced, so blaming this on sanctions feels like a massive stretch. Maybe someone had a crystal ball and saw it all coming. Sanctions certainly didn't help bring prices down, but they definitely weren't the primary driver for such a massive surge (especially that pre-war, pre-sanction jump). On the other hand—let's be honest—wheat prices rose simultaneously, so the math for production remains relatively stable. In my neck of the woods, corn is planted wherever there's an inch of soil left, because people are betting on demand this fall. If it weren't profitable, they wouldn't bother, but eventually, the hammer will fall—so we'll see how things pan out by autumn. What strikes me is the relatively small increase in grocery store prices compared to the surge in corn prices. Corn is a fundamental input for meat production; if it climbs 300% in two or three years, you'd expect meat prices to follow suit.
The pandemic and the government's response to it have a significant impact on inflation. We are essentially paying the bill for the pandemic right now, along with all the extra costs it triggered. It's all the price of that Chinese virus from Wuhan. On the flip side, the government's reaction also carries a price tag. Even the biggest vaccine proponents are starting to realize that maybe ordering 20 million doses wasn't necessary, and now they're back at the negotiating table with manufacturers to try and scale back. I'm just curious about the penalty clauses in those contracts for canceling orders; I hope they aren't more expensive than the cost of actually producing the doses.
The pandemic and the lockdowns certainly played a role, but that's in the rearview mirror now, and prices aren't reverting to where they used to be; they just keep climbing relentlessly.
In a free market, prices are driven by expectations rather than just calculated costs like in a socialist system, which is why they started climbing long before the effects of the pandemic were truly felt in Europe and the rest of the world.
It all started with American pressure to halt the construction of Nord Stream 2, and everything since then has followed a predictable pattern.
Here is a slightly older article from the BBC that was discussing the difficulties in building that supply route as far back as January 2021, and specifically who was pushing hardest to stop the project.
https://www.dw.com/hr/sjeverni-tok-2...nda/a-56396570
You can find plenty of information online detailing how these events unfolded, ultimately culminating in the Russian military intervention in Ukraine.
But hey, if someone chooses to ignore that or refuses to connect the dots, that's on them.
Personally, I don't have the energy right now to keep proving points or reminding people of past events when it feels like nothing changes.
It seems like the media frenzy was incredibly effective at creating a shield that makes it almost impossible for the truth to break through.
Even that mythical Western "unity" is clearly fracturing at the seams—and not just when it comes to Viktor Orbán, but even with major NATO members who used to be staunchly pro-Western.
https://www.trt.net.tr/american/turs...zapada-1841949
I sent you a link regarding the opening of the bridge over the Amur River, which should be obvious to anyone with a bit of sense: Russia is pivoting toward the East and strengthening ties with China.
You didn't respond to that, but we shouldn't forget that the Russians have built icebreakers capable of keeping the "Northern Sea Route" open year-round—which is essentially the shortest path from the gas-rich Yamal Peninsula straight to China.