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With 1st world economies going to shit, would this not have a trickle down effect (reaganomics style) to 3rd world countries? Resulting in more unstable countries and regions?

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Submitted ⁨⁨4⁩ ⁨days⁩ ago⁩ by ⁨Patnou@lemmy.world⁩ to ⁨[deleted]⁩

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  • RestrictedAccount@lemmy.world ⁨4⁩ ⁨days⁩ ago

    It will turn nasty before the economic trickle down gets there

    The food insecurity is already starting

    Wars and dislocation have started in Africa

    You just have to look for it because it won’t make the network news

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    • Patnou@lemmy.world ⁨4⁩ ⁨days⁩ ago

      No sarcasm in any of this. But you seemed informed any websites you can recommend so I can see the shit not on network news? Instead of always trying to find the bullshit in it?

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      • RestrictedAccount@lemmy.world ⁨4⁩ ⁨days⁩ ago

        wsj.com/…/a-four-year-truce-collapses-and-ethiopi…

        You’ve been given free access to this story from The Economist as a gift. You can open the link five times within seven days. After that it will expire.

        Ethiopia and Eritrea are on the brink of another conflict economist.com/…/ethiopia-and-eritrea-are-on-the-b…

        yahoo.com/…/south-africa-withdraws-asylum-directi…

        uawire.org/turkish-owned-grain-ship-sinks-after-s…

        wsj.com/…/fertilizer-crunch-threatens-food-shorta…

        zeihan.com/as-fertilizer-falls-famine-will-follow…

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  • dihutenosa@piefed.social ⁨4⁩ ⁨days⁩ ago

    Suppose there’s any sort of difficulty, and wheat price on the global market rises 20%. People in affluent places/positions will grumble and pay 20% more for bread or pasta. Poor people will grumble and eat 20% less.

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  • radiofreebc@lemmy.world ⁨4⁩ ⁨days⁩ ago

    Canada and Europe are doing fine. Don’t know what you’re on about. Not all of us are circling the drain, after pulling the plug on ourselves.

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  • Bustedknuckles@lemmy.world ⁨4⁩ ⁨days⁩ ago

    Yes. Order tends to be more efficient than chaos. Waste leads to shortages leads to instability. We may well be at the top of the precipice with a long way down

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