4 ms·
Reading about this and considering the current price shock and inflation in Brazil makes me worried. Right now, even before this fertiliser crisis materialises
by piva00 5y ago
Reading about this and considering the current price shock and inflation in Brazil makes me worried.
Right now, even before this fertiliser crisis materialises, there's already been a sizeable increase in food prices there, the pandemic pushed a new wave of homelessness and food insecurity after already some bad years before Bolsonaro came to power. Coupled with higher unemployment and overall loss of competitivity of Brazilian industry there just seems nowhere to go for society... If there is another food price hike it'll very likely cause massive social strife, I really don't see a way out if this crisis materialises in next year or so.
It will be brutal for the global south.