• joostjakob@lemmy.world
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    4 days ago

    I tend to agree that developped countries tend to underestimate the fragility of their systems. But then there still are simple facts like if you spend 10% of your income on food, you can afford significant food price hikes. If you spend 70% of income on food, then a small rise is already lethal.

    • morto@piefed.social
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      4 days ago

      True, but on the other hand, if international trade diminishes, we’re on the food production side. The places who depend on imports will be hit much harder.