"Worst Has Yet To Come": Civil Unrest Set To Surge Worldwide As Socioeconomic Pressure Builds, Report Warns
"The impact is evident across the globe, with popular discontent over rising living costs emerging on the streets of developed and emerging markets alike..."
BY TYLER DURDEN
FRIDAY, SEP 02, 2022 - 07:20 PM
Soaring food, energy, and shelter inflation have led to what could be a new era of civil unrest worldwide. Pockets of unrest have been observed in Sri Lanka, Peru, Kenya, Ecuador, Iran, and Europe. New research forecasts a broader wave of discontent is just ahead.
While this topic of developing social unrest is hardly new, we discussed it in late 2020, "Why Albert Edwards Is Starting To Panic About Soaring Food Prices," and Rabobank's Michael Every noted in April 2021: "We Are Edging Closer To A Biblical Commodity Price Increase Scenario."
Earlier this year, Rockefeller Foundation President Rajiv warned that a "massive, immediate food crisis" is nearing. The UN said this summer that the world is "marching towards starvation" with an increased likelihood of civil unrest and political violence.
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