This is how it is now.
Due to the ongoing starvation, all commercial activities have ceased. Production is effectively at zero. Morale drops through the floor and loyalty to your realm is non-existent.
and the status on the region page is
Production: Good (71%)
Morale: Stoic (57%)
Realm Loyalty: Indifferent (53%)
Realm Control: Main
Not exactly as horible as described.