Transcripts. Bannon’s War Room. Dave Walsh The Elites in Davos Chose Carbon-Reducing Policies Despite Food Shortages Induced by Same Policies. September 4, 2022.
Topic: Food Shortages. Elites in Davos. Guest, Dave Walsh. September 4, 2022.
Transcripts for Bannon’s War Room on Rumble: Dave Walsh: The Elites in Davos Chose Carbon-Reducing Policies Despite Food Shortages Induced by Same Policies
Published September 4, 2022.
Steve Bannon:
But I want to bring in Dave Walsh who is carving out some time. Dave here's the reason, you have been so dead spot on, on your energy analysis across the board with what's going on and then Zero Hedge today finally had the article that said hey, I don't know if anybody's been paying attention to the natural gas problem and the energy problem but it's just not in your electric bill which, remember 20 million homes in this nation, 20 million homes can't pay their electric bill.
They're so far behind they’re about to have it turned off, okay? You've got the repossessions, you've got the people not paying rent because electric bills, you got all this stuff in the United Kingdom, they're all showing you the receipts, they can't pay it, but then Zero Hedge said hey, that's not really the problem. Here's the problem, natural gas in that energy underpins basically everything in our society particularly, wait for it, the production of food.
And you're going to have runaway food costs in the developed world, but we are hurtling towards a famine of biblical proportions in the third world. Dave Walsh, you told us this from the beginning what is Zero Hedge telling the world that you told them six months ago.
Dave Walsh:
Well, they're explaining through the International Fertilizer Association that nitrogen-based fertilizers, the application of them should be down in Europe in the planting season coming next spring 23%, down in sub-Saharan Africa 25%, globally down 7%, the use of nitrogen-based fertilizers because they come from natural gas.
It's unaffordable. Some massive reduction of the use of application of those basic core fertilizers nitrogen based, coming from natural gas will mean more importation of food to Europe, which is going to come at the expense of underdeveloped Latin America, sub-Sahara Africa specifically, people will begin to see food shortages massively in those regions because of competing with European buyers for the same food stuff, because European food stocks will be down significantly due to the lack of the application of nitrogen based fertilizers which come from natural gas. So huge problems with food supply chain.
And we're going to see in the Fall harvest the impacts of reductions in planting in the Spring of this year for the same reasons that nitrogen-based fertilizer costs went up already four times by a factor of four times last year into this January. So, this makes it worse..
Steve Bannon:
Okay, this is one reason that Walsh is so important and why we love having him on here. Here's the buried lead. When you, you got to look down range which I think the War Room’s proven this audience we can do that pretty well. When you talk about the famine. When he's talking with sub-Saharan Africa he's talking with the famine in this third world, there's no cavalry that's going to arrive and here's the reason. The first world is going to have a massive food shortage, right.
Now we're not going to have famine but we're going to have, the prices are going to explode, but it's not like you're going to have a bunch of excess production capacity that we can help. So, Dave Walsh as you look down, you're the first guy by the way, Walsh it's got all of them, the Bank of England, Citicorp already redoing their inflation thing and then goes well says hey in this inflation the one thing they're two things, they are not taking care of the exchange rate but more importantly they're not really focusing on energy increases which could be fivefold in the United Kingdom by next Spring. And today in the Times of London what did they have? that this energy crisis is going to destroy the Tory Party as we've said now for six months. It will destroy the Tory Party.
So, Dave as you look down and saw England’s and Europe’s increase, walkthrough when I say biblical proportions, I mean biblical proportions cause the food ain't going to be there. When the third world has a massive famine, it’s not like the first world's got a bunch of excess capacity because they've got wrapped around the axle too. Am I incorrect in the convergence of those forces, Sir?
That's totally correct. They totally intersect and you're seeing now as this transpires Europe plants 23% less fertilizer use in this Fall, Spring planting season. The third world is going to be outbid for food because Europe will be importing massive more quantities of vegetables, fruits, meats things that everything that needs fertilizer to create wheat to create the to create grasses for cows feeding etc.
The pressure on the third World Food supply grows massively as North America and Europe import more and more food because of the lack of use of nitrogen-based fertilizers which have become unaffordable and unattainable. So, this is it's a huge interconnected issue. And by the way it comes home here too by the way. Where I'm sitting, we have three major utilities heading into the Public Service Commission seeking $3.4 billion in rate increases here in free Florida for natural gas in their utility bills coming to visit Florida citizens in the next year, just saying. This is a problem that comes home too, it's a global but the third world massively impacted on the food part of it.
Steve Bannon:
Florida is the most vibrant state, the free State of Florida and you got a 3.4 billion the right there at the utility thing right now saying hey you know wait till that hits your bill. Just real quickly how did this happen? How did this happen frankly? You see the Dutch farmers protesting, other farmers joining in, how did we? How did the geniuses, the geniuses in Davos, how did the geniuses in Brussels, how the geniuses of the United Nations in Geneva, how did the geniuses on Wall Street he City of London and the Big tech and Big Pharma. Out of all these people, our betters, that tell the populist movement all your too unwashed and too dumb to make any decisions. How do the elites make how do we get into this jam.
We are going to starve 100 million people by next year globally! They're going to starve to death! They're going to starve to death because of actions taken by the global elites and there's nothing that can save them cause there's no other food that's going to come for them Dave Walsh.
Dave Walsh:
You're asking how does this happen. I'll give it from my former corporate leadership role, it was well pointed out in the last discussion topic, the speech last night. Corporate leadership globally getting on board with conjoined messaging with these guys on net 0, decarbonization, sustainability, carbon neutrality, all this stuff that is embedded into the elites in Davos and in the US, and the US corporatocracy including folks like Brian Moynihan who runs Bank of America wanting to stifle lending support and ration lending support for oil and gas producers did not realize or did realize and didn't care about the effect on people through food stuffs, that oil and gas fuels, nitrogen product and ammonia product to create basic fertilizers.
So, as these guys stand up with decarbonization, sustainability, net zero and now beginning to stifle lending and equity support for oil and gas, forgot to realize they're talking about foodstuffs as well through the fertilizers that create food, not just the transport of it, not just the refrigeration of it, but the fertilization. So, this has been a completely irresponsible mantra by including corporate leadership globally, joining the constant repetition of these phrases: sustainability, decarbonization, net zero over and over again in about every paragraph it's just. This is one of the key reasons this has occurred, naivete to the reality of the whole complex food chain.
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