Tag Archives: Black Horse

A perfect storm creating global food crisis: Is the black horse out of the gate?

Black Horse

Important Takeaways:

  • A “perfect storm” of factors has created a global food crisis that just continues to intensify
  • Right now, we are literally teetering on the brink of such a disaster.
  • According to the UN’s World Food Program, we are dealing with “a hunger crisis of unprecedented proportions” right now…
    • Conflict, economic shocks, climate change and soaring prices for food and fertilizer are all combining in a perfect storm to create a hunger crisis of unprecedented proportions. Right now, in some of the hungriest places around the world, there just isn’t enough food to feed the population.
  • According to an article that was posted by the New York Times, the number of countries that are “at risk of famine” just continues to grow…
    • The list of countries at risk of famine now includes Afghanistan, Syria and Mali. Humanitarian observers also worry that North Korea may be nearing a famine.
    • About 90 million people are facing severe hunger in Ethiopia, Somalia, South Sudan, Sudan and Yemen. These countries, unfortunately, have their own histories of severe food shortages, but the world has never witnessed all of these countries descending toward mass starvation at the same time.
  • Here in the United States, there is still enough food to go around, but supplies of food have been getting tighter.
  • According to the Farm Bureau, the U.S. actually lost more than 140,000 farms during one recent five-year period…
    • Between 2017 and 2022, the number of farms in the U.S. declined by 141,733 or 7%, according to USDA’s 2022 Census of Agriculture, released on Feb. 13. Acres operated by farm operations during the same timeframe declined by 20.1 million (2.2%), a loss equivalent to an area about the size of Maine.
  • And the size of the U.S. cattle herd is now the smallest that it has been in 73 years…
    • Not many ranchers active today will remember the last time the U.S. cattle industry was this small. On January 1, 2024, the All Cattle and Calves inventory was 87.15 million head, the smallest total inventory since 1951. The All Cattle and Calves inventory is 1.9 percent smaller year over year and is the fifth consecutive year of declining cattle inventories, a total decrease of 7.65 million head or 8.1 percent since the most recent peak in 2019. The 2023 calf crop was 33.6 million head, down 2.5 percent year over year and the smallest calf crop since 2014.

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Global Debt reaching $307 Trillion, and America hitting $33 Trillion in debt itself: Could the Black Horse from Revelations be galloping?

Important Takeaways:

  • Setup For The Black Horse: The World Is Teetering On The Edge Of Bankruptcy
  • The global debt clock is spinning, reaching a record-high of $307 trillion this week. What does this mean?
  • The amount of debt grew by around eight to ten trillion in just the first quarter of 2023 alone. It was recently reported that “The majority of low-income nations are on the cusp of a debt crisis, sparking fears of global contagion.”
  • The global debt virus has infected the international economic system, and the world is teetering on the edge of bankruptcy, especially in many of these low-income nations. US debt just surpassed $33 trillion this week. Last month, Credit card debt, for the first time in American history, eclipsed $1 trillion.
  • The US national debt is projected to exceed 100% of gross domestic product in the next two years. In around six years, the national debt is said to exceed its all-time high of 106% of the gross domestic product, which occurred in 1946, the year immediately following World War II. We know why we had so much debt then, but now it’s simply a result of runaway spending that politicians are not able to curtail.
  • The cover of Newsweek from several years ago grabbed my attention. The front of the magazine read, “How Great Powers Fall,” showing an upside-down US Capitol standing on its dome. The cover further displayed the quote, “Steep debt, slow growth, and high spending kill empires. And America could be next.”
  • According to the article, “Habsburg Spain defaulted on all or part of its debt 14 times between 1557 and 1696 and succumbed to inflation due to a surplus of New World silver.”
  • “Pre-revolutionary France was spending 62% of royal revenue on debt service by 1788,” the author described.
  • Ferguson noted that the Ottoman Empire went the same way: “interest payments and amortization rose from 15% of the budget in 1860 to 50% in 1875.”
  • There’s a quote by a best-selling author named Robert Kiyosaki, “When people are struggling financially, they’re more willing to have a government save them, unwittingly exchanging their personal freedom for financial salvation.”
  • We know that during the tribulation period, the third horseman of the apocalypse is riding a black horse and carrying “a pair of balances in his hand” (Revelation 6:5)

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