Source: http://www.marketskeptics.com/2009/12 ...If you read any economic, financial, or political analysis for 2010 that doesnt 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, Icelands 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.
Financial crisis will kick into high gear
So far the crisis has been driven by the slow and steady increase in defaults on mortgages and other loans. This is about to change. What will drive the financial crisis in 2010 will be panic about food supplies and the dollars plunging value. Things will start moving fast.
Source: http://www.youtube.com/watch?v=AFvRpI ... Original video uploaded so that it will reach other people.abc 2100 audit fed hr 1207 federal reserve economy recession elite bankers collapse death of dollar criminal Judge Napolitano Cap and Trade Copenhagen Treaty Glenn Beck Campaign For Liberty Peter Schiff Healthcare Debate Townhall Rand Fed Federal Reserve usa us flag patriotic patriot freedom SHTF wake up sheeple Steve Quayle Greg Everson state trooper police officer martial law civil unrest
