Food crisis 2010?

[RASKAR AS AR]

If you read any economic, financial, or political analysis for 2010 that doesn’t mention the food shortage looming next year, throw it in the trash, as it is worthless. There is overwhelming, undeniable evidence that the world will run out of food next year. When this happens, the resulting triple digit food inflation will lead panicking central banks around the world to dump their foreign reserves to appreciate their currencies and lower the cost of food imports, causing the collapse of the dollar, the treasury market, derivative markets, and the global financial system. The US will experience economic disintegration.

The 2010 Food Crisis Means Financial Armageddon

Over the last two years, the world has faced a series of unprecedented financial crises: the collapse of the housing market, the freezing of the credit markets, the failure of Wall Street brokerage firms (Bear Stearns/Lehman Brothers), the failure of Freddie Mac and Fannie Mae, the failure of AIG, Iceland’s economic collapse, the bankruptcy of the major auto manufacturers (General Motors, Ford, and Chrysler), etc… In the face of all these challenges, the demise of the dollar, derivative markets, and the modern international system of credit has been repeatedly forecasted and feared. However, all these doomsday scenarios have so far been proved false, and, despite tremendous chaos and losses, the global financial system has held together.

The 2010 Food Crisis is different. It is THE CRISIS. The one that makes all doomsday scenarios come true. The government bailouts and central bank interventions, which have held the financial world together during the last two years, will be powerless to prevent the 2010 Food Crisis from bringing the global financial system to its knees.
Read more: marketskeptics

[burgundia]

it is amost 2010 and I can see plenty of food around...

[sjkted]

I just stumbled upon this article:
http://www.marketskeptics.com/2009/1...r-dummies.html.

It seems pretty compelling, but I'm still researching it.

--sjkted

[Dantheman62]

HaHa nope not 2010, but maybe in several years from now.
If California continues on a dry spell it could have some effect, as California supplies around 20% of the food in the US.
But for now, nothing to worry about, plenty of food!
Only a nationwide drought next summer can change things.

[RASKAR AS AR]

Originally Posted by sjkted

I just stumbled upon this article:
http://www.marketskeptics.com/2009/1...r-dummies.html.

It seems pretty compelling, but I'm still researching it.

--sjkted

It"s the same link that I posted Hé,Hé...

Originally Posted by burgundia

it is amost 2010 and I can see plenty of food around...

Logic...You live in Poland...The Land Of the Sausage,LOL...

[Majorion]

We'll be just fine in 2010

I hope ....

[sjkted]

Originally Posted by RASKAR AS AR

It"s the same link that I posted Hé,Hé...

Logic...You live in Poland...The Land Of the Sausage,LOL...

My bad. Interestingly enough, the web bot project is forecasting food shortages in 2010.

As a side note, I've been researching the great depression lately and it seems they had a similar thing happen with strange dust clouds. Apparently, people from Oklahoma "Okies" were losing their farms left and right because of this.

--sjkted