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alstry (36.34)

Food Prices Going Parabolic

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February 06, 2011 – Comments (3)

Rice, Wheat, Sugar.......

As America is now cutting back benefits on 50,000,000 receiving food stamps.....

And in the rest of the world, many people already spend upwards of 70-80% of their income on food.....

It is tough to buy an iPad when you can't eat.....

BUT THIS WILL BE THE FINAL BUBBLE AS WE HEAD INTO THE DIGITAL AGE.......

Governments around the world will be forced to make structural changes as populations go hungry and get angry.....REALLY REALLY ANGRY

Laws will have to be changed.....the concept of ownership will change-both legally and practically.....for example, what is a house worth if populations can't afford to pay for food?

Chimps....Pancake Eaters....Royal Fools need not apply.........we are entering an Udderworld.com  .....an age of sustainable prosperity....what is still uncertain is the mechanism we use to cross from the Industrial Age to the Digital Age

3 Comments – Post Your Own

#1) On February 06, 2011 at 11:21 AM, OneLegged (< 20) wrote:

http://www.workers.org/2010/us/food_stamps_0826/

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#2) On February 06, 2011 at 11:22 AM, OneLegged (< 20) wrote:

http://www.fao.org/worldfoodsituation/FoodPricesIndex/en/

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#3) On February 07, 2011 at 8:28 AM, Valyooo (99.39) wrote:

Less food stamps = LOWER food prices, because their is less aritifical demand.

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