Food price inflation and the concurrent food shortages are a global crisis that is steadily getting worse. If anything qualifies as a global emergency, lack of food is surely it.
Zoom out and it's clear: A food crisis is unfolding around the world, with prices shooting up everywhere. And when that happens, everyone feels the pain. People can cut back on movies or even driving when the cost of tickets or gas surges, but everyone needs to eat.
Because of lack of natural gas from Russia to the EU, fertilizer-makers in the EU are shutting down production. That does not bode well for future food production. (Will "Remember Sri Lanka" become as pervasive as "Remember the Alamo"?)
No fertilizer without natural gas, and no computer chips without sand (silicon). China is cutting Taiwan Semiconductor off from Chinese sand.
Hold on....
Because of lack of natural gas from Russia to the EU, fertilizer-makers in the EU are shutting down production. That does not bode well for future food production. (Will "Remember Sri Lanka" become as pervasive as "Remember the Alamo"?)