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Now reading: Chapter 1716: 1402: Industrial Survey Brings a Big Surprise from King Of War: Starting with Arms Dealer, a Action novel by King Of War: Starting with Arms Dealer.

Chapter 1716: Chapter 1402: Industrial Survey Brings a Big Surprise

Actually, solving Aqionghan’s food problem in the short term is not too difficult for Joe Ga.

But the information provided by Aaron made him realize that a food crisis is bound to break out, which ans P·B is dealing with more than just Aqionghan’s problem.

In P·B controlled areas like Liberia, Central Africa, Iraq, Syria, none can achieve complete food self-sufficiency.

Especially the areas surrounding Central Africa where P·B’s influence is most concentrated, once a food crisis occurs, these countries that lack sufficient foreign exchange and have long been ignored by the international community will face starvation.

Just like Sudan and South Sudan, had it not been for a photographer capturing a photo of a vulture waiting for a girl to die, people might not have realized that there are still such terrifying places in the world.

It’s the 21st century, yet there are still people starving to death — possibly the cruelest joke of our ti!

Joe Ga is powerless against general trends; all he can do is to stockpile as much food as possible upon receiving the news.

This ti he decided to spend European Union money!

As the first pot of beef offal soup in the cafeteria began to emit fragrance, Joe Ga dialed Gami’s number, shared his thoughts with this financial Shark, and the two quickly reached a consensus…

Given the backdrop of impending war, euro devaluation is almost a certainty.

Most predict that the euro will slightly devalue under the influence of the US Dollar’s excessive liquidity, and then stabilize as they implent interest rate adjustnts internally.

However, Joe Ga feels that the European Union is dood this ti.

For soone like Gami, specific reasons are irrelevant; with Joe Ga undertaking large-scale loan financing for the first ti and expecting not to lose money, there’s no need for overthinking.

Currently, most idle funds from P·B have been sent to Arica to buy the dip, putting the cash flow into question.

Against the backdrop of P·B taking over Aqionghan’s issues, this act of pledging valuable assets to borrow money for grain purchases, preparing for humanitarian disasters, deserves extensive praise as a benevolent action.

However, when Gami checked international grain prices, he realized Joe Ga’s concerns and forecasts might not be groundless.

Last year, naly 2020, the international wheat price was 305 USD/ton, and this year it surged to 390 USD/ton due to the manufactured tensions from the East W region.

Moreover, this price hike seems unstoppable, potentially breaking the 400 USD/ton mark at any ti.

Last year’s corn price was 230 USD/ton, now it’s risen to 370 USD/ton this year.

Soybeans are even more absurd; last year’s soybeans were priced at 450 USD/ton, this year it’s risen to 800 USD/ton.

If you attribute it all to East W’s influence, it wouldn’t be accurate, but clearly soone leverages the wheat price surge to artificially elevate all grain prices.

This is Arica’s usual trick. Whenever they increase liquidity, international commodity prices rise accordingly, spreading inflation through food, oil, minerals across the globe.

This is a domain Joe Ga cannot intervene in; he needs to calculate what can be accomplished with the 7 billion USD in hand.

In regions where wheat is the staple food, under normal circumstances, each person consus approximately 250 kilograms of wheat annually.

Since processing wheat involves about a 30% loss, each person annually requires 175 kilograms of flour, complented with other foods to ensure sustenance.

Aqionghan has 30 million people, aning at least 7.5 million tons of wheat are needed to feed its population.

Joe Ga is unsure how much wheat and barley Aqionghan can produce to address the issue; even if they have about half the gap, given current international food prices, at least 1.5 billion USD is needed to avert famine here.

This is solely for wheat; if according to the UN humanitarian aid standards, this cost would multiply by approximately 4 tis.

Moreover, the crisis Joe Ga faces is not just Aqionghan; there’s Yen, Somali, Congo, these persistent troubled regions.

He may also need to supply food to Central African neighboring countries to stabilize those areas and prevent large-scale refugee upheaval from derailing years of painstaking efforts.

To stabilize the current advantageous situation in P·B territories, around 8 billion USD in food reserves is essential over the next two years to respond optimally to the upcoming crisis.

Of course, this money cannot be solely footed by Joe Ga; Joe Ga is not a savior.

Besides international aid, affected countries can also seek loans from international banks or exchange goods for food.

Every penny Joe Ga contributes, as long as it flows through humanitarian channels, will eventually be recovered in other ways, including Aqionghan!

Not being exploitative is currently recognized as ‘benevolent behavior’; losing money on food issues is unthinkable.

However, Gami imdiately grasped Joe Ga’s idea…

Borrowing hen to lay eggs!

Borrowing the European Union’s old hen to lay the grains and fertilizer production eggs in Tubruq.

By then, the degree of euro devaluation equates to how much the European Union spent on behalf of P·B!

From Gami’s standpoint, given the certainty of euro depreciation, it’s naturally about borrowing as much as possible.

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