Bank of England warns of ‘apocalyptic’ times ahead

May 17, 2022 by

from Archbishop Cranmer:

The Governor of the Bank of England has issued a warning of an ‘apocalyptic’ scenario, with food price surges affecting our daily bread in particular. There is a war and rumours of war: nation is arising against nation, people are fleeing to the mountains. As the sun turns to darkness and the moon turns to blood, the time of tribulation shall come.

Much of the world’s wheat and sunflower oil comes from Ukraine – the breadbasket of the Europe – which provides food for about a billion of the world’s people. It is also the fourth-largest producer of potatoes in the world. Even if the crops are grown and harvested, there is currently no way to get them out.

Russia is one of the world’s biggest exporters of fertiliser. With a near total global embargo on all Russian exports, the nutrients needed for crop production in other parts of the world can no longer be obtained. This will affect grain quality and crop yields, causing still further price rises for ordinary people.

Famine is the beginning of sorrows.

When the price of a loaf of bread increases by 50%, it is the poorest who go hungry. When the price of potatoes and pasta also soars, hunger becomes starvation. Perhaps not in the UK or Europe, but Ukraine feeds Africa, and so does Russia, providing a combined 44% of the continent’s wheat imports, along with maize, sunflower oil, barley and soybeans.

The apocalypse will be worse in the world’s poorest nations, and the Governor of the Bank of England says he has “run out of horsemen” when counting the shocks facing Britain.

So we have ‘horsemen’ and ‘apocalypse’.

Read here

 

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