Armstrong Economics Blog/Agriculture Re-Posted Oct 20, 2020 by Martin Armstrong
QUESTION: I just want to be prepared. How long is the famine supposed to happen? 1-2 years? More?
ANSWER: These lockdowns have already set in motion a reduction in the food supply. In the United States, there were temporary shortages of certain foods. You can see plenty of videos where farms lost 100% of their crops because they could not get the food into the supply chain. The greatest problem we have is that many farmers were hurt by the COVID-19 restrictions. The same was taking place in Australia. Then there have been climate issues with great floods in China.
We see that food prices should rise between 2022 into 2024 more aggressively but this should be from shortages. There is a 17.2-year cycle in famine. This is what has emerged from our database which extends back to 2200BC. There are times when famine results in war. The last major famine, for example, in North Korea (1994-1998) killing at least 600,000 from starvation. This next famine will begin in 2022 and will extend into 2028/2029 in varying parts of the world. Therefore, it is not consistent with one particular area. However, this attempt for the Great Reset is also pushing the crisis in reducing the food supply at a time when we should be stockpiling it.