It is not an oil story. It is a food story. And the numbers do not care about politics.
https://x.com/ProfSteveKeen/status/2053864527775629494
With fertilizer, this planet feeds 8.5 billion people.
Without it, we can feed around 2 billion.
We have just disrupted 30% of global fertilizer supply through the Strait of Hormuz. And people are still talking about this as if it is an oil story.
It is not an oil story. It is a food story. And the numbers do not care about politics.
Watch the full breakdown: youtube.com/watch?v=l0oHnw
#FoodSecurity #Fertilizer #StraitOfHormuz #GlobalFoodCrisis #SteveKeen #Economics

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