Beans & LegumesThe Price of Tea in China
By raise of hand, who’s ever used the retort, “What’s that got to do with the price of tea in China?”
The response is obviously intended to imply that the price of tea in China has absolutely no relevance to whatever is going on here in your neck of the woods. Clearly this saying came into existence long before the world became Global.
Did you know that the current concerns with Hyper-inflation has a lot to do with the price of tea in China? Okay, not tea specifically but the price of food in general within China.
Of course the Fed has assured us that inflation is non-existent. My pocket book and my grocery bill say differently. Apparently the Fed’s have a permission slip to exclude ‘volatile’ items like food from their reports, but I digress.
Regardless of the accuracy in the Fed’s data, there’s something going on in China that should have us all concerned…
* 200 Million migrant workers in China have moved from rural areas to Chinese cities in recent decades, with another 400 million predicted to follow suit in the next 20 years
* China had an urban population of 620 million by the end of 2009, which was 46.6 percent of the nation’s total population. Urban residents are expected to comprise about 52 percent of the Chinese population by 2015.
In short, China is becoming more industrialized and urbanized and this translates into a growing shortage of commodities, food, gas, raw goods, copper, etc… When supply goes down and demand goes up the result is inflation. To this point China has been very effective in managing this, they’ve done this in part by securing resources across the globe, from copper mines in Africa, to land and companies in Australia, Canada and even the US.
As supplies get smaller the Chinese will be funneling these resources directly back to China and this inevitably will result in less supply here in the US despite the fact that there’s still demand (We All Need to Eat). Basically, when the straw that breaks the camels back finally drops supply will drop exponentially and demand will remain if not increase and the end result will be HYPER-INFLATION.
In this type of a scenario- among other things- having food storage in place could be all the difference in your ability to weather what could literally go down in history as the worst economic storm of the century.
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Spot on, I watched 20/20 or 60 Minutes and they profiled Brazil and how right now they are furnishing China’s growing demand with certain comodities so this is helping keep the prices from jumping crazy but I can see a day not too far off where it gets out of hand.
December 17th, 2010 at 7:10 pmOh, ready store, what can you SELL us that will save us from this calamity?
Mark
December 20th, 2010 at 4:52 amI believe everyone should be prepared…the Boy Scout Motto…regardless of inflation..we should all have a stock of the basic things in life..people always say “They” will take care of us…I want to know who THEY are and get on there list…I believe its US and thats it…you have to take care of yourself..
Tom
December 20th, 2010 at 7:24 amLooking at the “out of stock” nature of so much of the long-term storage food of several sites I’ve been on, it looks like people are starting to get it, to understand preparedness is necessary. I have never seen so many companies with nearly everything on back order. It’s probably a GOOD thing. Each prepared person is one less to fight off later, as they come for your supplies!
December 20th, 2010 at 7:43 amBuckminster Fuller found that population naturally goes down when people go from a non-electrified household to one that has electricity.
New York City — think of Manhattan — is actually one of the greenest cities in the United States. Most people would not think this, but think of it as follows.
A normal “suburban” family has a detached house. Someone in NYC city lives in a building that is 3-60 stories tall. So, that means the house must have new siding, roof, etc every x years. Its more eco to have one roof for hundreds of people, only 1-2 exterior walls per household than not. So, living in a high-rise building is more economical (and thus “greener”) than not.
Then, add to the fact that someone is not mowing their lawn 1-2 times every week, raking leaves, etc. All of this requires equipment, gas and oil, plus the calories burned by the worker and their time.
I’m not saying that we should all live in high rise buildings, but I am saying that the Chinese are doing so and while they are not moving from a suburban green lawn neighborhood, they are “skipping” past that and going more NYC style — which requires fewer resources than living in Suburbia.
December 20th, 2010 at 10:53 amAs for food, we in the US grow beautiful weed-free lawns. We fertilize the lawns to grow nice a green, but this also requires us to mow more often. It we see a weed, we zap-it with chemicals, etc. Well, what if we used this energy to grow gardens (and organic at that!) than chemical lawns? We would have a lot more food, and certainly healthier.
I think the Government is full of beans when they say there is no inflation, everytime I go to the store prices are higher.
December 20th, 2010 at 1:53 pmChina, with their economic growth, will cause more
shortages and higher prices. Food will be more valuable
than gold and silver and having a food storage program will
be a great step in keeping familys safe.
For information on hyper-inflation visit:
editor@inflation.us
There are interesting articles and videos concerning inflation scenarios. You should not discount the possibility of severe inflation here in the US. Low key site, not pushy about selling you anything.
Food storage from the Ready Store should be an integral part of your insurance against this very possible calamity.
December 20th, 2010 at 5:27 pmSpeaking of Tea.Right now here in America we have a shortage of Tea.Florida is one of the largest growers of Tea,and they just got hit with a cold front that distroied over $1,000,000 in Tea.
December 21st, 2010 at 6:59 pmnot just food: china (and other countries) currently allowed to take barges full of nice clean water from OUR underground aquafirs here in U.S., leaving us w/less than pure leftovers to fight over
December 22nd, 2010 at 8:38 amWhen I was growing up my grandparents told me about their lives in the 1930′s great drepession and that it could happen again. I belived that then as much as I do now. Some say a 3 month supply, I always went with the Latter-Day Saints Idea of one or two years supply for my family. Its hard to do, but its worth doing.
December 27th, 2010 at 12:19 pmI am not LDS, but it does not seem to be a good thing to advertise to everyone else that Mormons store food and water. They will become targets when things get bad. Glenn Beck had a recent guest who said he used to part of a government think tank, and that when the world economy melts down, one thing the gov will do is go into poor communities, nursing homes, and trailer parks and burn everything to the ground. Residents who are not burned alive will be bussed to detention centers for extermination. That is what we will see some day. I store food and water but live in a retirement community. I may never get to use the food if the government starts to thin out the population, getting rid of “useless eaters.” That term was actually adopted in a report sponsored by our government of those who must die for the good of the country. The best chance of survival is to have a country place with food stored in the home plus some buried in the woods in case your house is raided by hungry mobs.
December 27th, 2010 at 12:53 pm