…This high price of oil will cause food prices to rise significantly since industrial agriculture is utterly dependent on oil from plowing, fertilizing, pesticides, harvesting, processing, to transport. Couple this very real cost to the rush away from stocks into more tangible assets like commodities that are also traded in rapidly devaluing dollars. This speculation will lead to much higher food prices. Throw in more extreme weather, and we have a recipe for a major food crisis. Food will hit new all-time highs in 2013.
Average citizens will spend a much higher percentage of their salaries on food in 2013 which will put further pressure on the rest of economic output. Most extremely, a large portion of the population may realize starvation for the first time in their lives. Certainly, we can expect food stamp usage to explode even faster than it has in the last five years…
http://www.activistpost.com/2012/12/10-predictions-for-2013.html#more
I don’t have strong disagreement with any of the predictions, although I wish that events would develop differently. What do you think?
Related:
Expect Obama to prioritize advancing America’s imperium. He did aggressively in term one. New wars are planned. Current ones won’t end. Proxy ones continue. So does increasing America’s global military footprint.
Fiscal cliff hype is about greater force-fed austerity to free up more funds for America’s war machine. Waging them isn’t cheap. Profiteers depend on wasteful spending to boost bottom line performance.
It pays to have friends in high places. They assure all the billions wanted. Social America is being sacrificed to provide them.
Over the next decade, trillions of dollars will shift from peoples needs to war making, generous corporate handouts, tax breaks for the rich, and hardened homeland repression against nonbelievers.
At the same time, deficits will keep rising exponentially. Hype about urgently cutting them is fake. Post-9/11 has been the worst of times. Expect more of the same on steroids ahead.
Conditions today are the most perilous in world history. Global war is possible. The threat is real and ominous. Open discussion is suppressed. Media scoundrels won’t touch it…
http://www.activistpost.com/2012/12/four-more-years-of-war.html#more
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