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Food Inflation, Food Shortages And Food Riots Are Coming

A devastating global food crisis unlike anything we have ever seen in modern times is coming.  Crippling drought and bizarre weather patterns have damaged food production all over the world this summer, and the UN and the World Bank have both issued ominous warnings about the food inflation that is coming.  To those of us in the western world, a rise in the price of food can be a major inconvenience, but in the developing world it can mean the difference between life and death.  Just remember what happened back in 2008.  When food prices hit record highs it led to food riots in 28 different countries.  Today, there are approximately 2 billion people that are malnourished around the globe.  Even rumors of food shortages are enough to spark mass chaos in many areas of the planet.  When people fear that they are not going to be able to feed their families they tend to get very desperate.  That is why a recent CNN article declared that "2013 will be a year of serious global crisis".  The truth is that we are not just facing rumors of a global food crisis - one is actually starting to unfold right in front of our eyes.  (Read More....)

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Mania And The Economic Meltdown of Society

Mania and the Economic Meltdown of Society

by Barnabe Geisweiller

During a period of the Dutch Golden Age prices of tulip bulbs reached extraordinary levels. Single tulip bulbs were bought and sold for small fortunes, making some very wealthy. It is widely considered the world’s first speculative bubble and, like all bubbles, it suddenly collapsed. The period is popularly referred to as “tulip mania.”

There have been numerous manias since the tulip craze of the 17th century. Recent bubbles include the dot-com bubble and many real estate bubbles around the world. In bubbles products and assets trade at considerably inflated values compared to their intrinsic ones.

Today, we are at the end of a period of wealth and excess like the Roaring Twenties. This time it is the value of money itself that has been distorted, and the pursuit and concentration of wealth without a relative productive merit to society that has reached the point of mania.

We have come to this point because of corporations and financial markets without integrity, and a government subordinate to these engines of speculation, manipulation and corruption with an unchecked power (Read More....)

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