By Michael Snyder
In case you haven't noticed, the world is on the verge of a
horrific global food crisis. At some point, this crisis will
affect you and your family. It may not be today, and it may
not be tomorrow, but it is going to happen. Crazy weather and
horrifying natural disasters have played havoc with agricultural
production in many areas of the globe over the past couple of
years. Meanwhile, the price of oil has begun to
skyrocket. The entire global economy is predicated on the
ability to use massive amounts of inexpensive oil to cheaply
produce food and other goods and transport them over vast
distances. Without cheap oil the whole game changes.
Topsoil is being depleted at a staggering rate and key aquifers all
over the world are being drained at an alarming pace. Global
food prices are already at an all-time high and they continue to
move up aggressively. So what is going to happen to our world
when hundreds of millions more people cannot afford to feed
themselves?
Most Americans are so accustomed to supermarkets that are
absolutely packed to the gills with massive amounts of really
inexpensive food that they cannot even imagine that life could be
any other way. Unfortunately, that era is ending.
There are all kinds of indications that we are now entering a
time when there will not be nearly enough food for everyone in the
world. As competition for food supplies increases, food
prices are going to go up. In fact, at some point they are
going to go way up.
Let's look at some of the key reasons why an increasing number
of people believe that a massive food crisis is on the horizon.
The following are 20 signs that a horrific global food crisis is
coming....
#1 According to the World Bank, 44 million people around the globe have been
pushed into extreme poverty since last June because of rising food
prices.
#2 The world is losing topsoil at an astounding
rate. In fact, according to Lester Brown, "one third of the
world's cropland is losing topsoil faster than new soil is forming
through natural processes".
#3 Due to U.S. ethanol subsidies, almost a third of all corn grown in the United
States is now used for fuel. This is putting a lot of stress
on the price of corn.
#4 Due to a lack of water, some countries in
the Middle East find themselves forced to almost totally rely on
other nations for basic food staples. For example, it is
being projected that there will be no more wheat production in
Saudi Arabia by the year 2012.
#5 Water tables all over the globe are being
depleted at an alarming rate due to "overpumping". According to the World Bank, there are 130
million people in China and 175 million people in India that are
being fed with grain with water that is being pumped out of
aquifers faster than it can be replaced. So what happens once
all of that water is gone?
#6 In the United States, the systematic depletion of the Ogallala
Aquifer could eventually turn "America's Breadbasket" back into
the "Dust Bowl".
#7 Diseases such as UG99 wheat rust are wiping
out increasingly large segments of the world food supply.
#8 The tsunami and subsequent nuclear crisis in
Japan have rendered vast agricultural areas in that nation
unusable. In fact, there are many that believe that
eventually a significant portion of northern Japan will be
considered to be uninhabitable. Not only that, many are
now convinced that the Japanese economy, the third largest
economy in the world, is likely to totally collapse as a result of
all this.
#9 The price of oil may be the biggest factor
on this list. The way that we produce our food is very
heavily dependent on oil. The way that we transport our food
is very heavily dependent on oil. When you have skyrocketing oil prices, our entire food
production system becomes much more expensive. If the price
of oil continues to stay high, we are going to see much higher food
prices and some forms of food production will no longer make
economic sense at all.
#10 At some point the world could experience a
very serious fertilizer shortage. According to scientists
with the Global Phosphorus Research Initiative, the world is not
going to have enough phosphorous to meet agricultural demand in just 30 to 40 years.
#11 Food inflation is already devastating many
economies around the globe. For example, India is dealing
with an annual food inflation rate of 18 percent.
#12 According to the United Nations, the global
price of food reached a new all-time high in February.
#13 According to the World Bank, the global
price of food has risen 36% over the past 12 months.
#14 The commodity price of wheat has
approximately doubled since last summer.
#15 The commodity price of corn has also about doubled
since last summer.
#16 The commodity price of soybeans is up about 50% since last June.
#17 The commodity price of orange juice has doubled since
2009.
#18 There are about 3 billion people around the
globe that live on the equivalent of 2 dollars a day or less and
the world was already on the verge of economic disaster before this year even
began.
#19 2011 has already been one of the craziest years since World War 2.
Revolutions have swept across the Middle East, the United States
has gotten involved in the civil war in Libya, Europe is on the
verge of a financial meltdown and the U.S. dollar is dying.
None of this is good news for global food production.
#20 There have been persistent rumors of
shortages at some of the biggest suppliers of emergency food in the
United States. The following is an excerpt from a recent
"special alert" posted on Raiders News Network....
Look around you. Read the headlines. See the largest
factories of food, potassium iodide, and other emergency product
manufacturers literally closing their online stores and putting up
signs like those on Mountain House's Official Website and
Thyrosafe's Factory Webpage that explain, due to overwhelming
demand, they are shutting down sales for the time being and hope to
reopen someday.
So what does all of this mean?
It means that time is short.
For years, many "doom and gloomers" have been yelling and
screaming that a food crisis is coming.
Well, up to this point there hasn't been much to get alarmed
about. Food prices have started to rise, but the truth is
that our stores are still packed to the rafters will gigantic
amounts of relatively cheap food.
However, you would have to be an idiot not to see the warning
signs. Just look at what happened in Japan after March
11th. Store shelves were cleared out almost instantly.
It isn't going to happen today, and it probably isn't going to
happen tomorrow, but at some point a major league food crisis is
going to strike.
So what are you and your family going to do then?
You might want to start thinking about that.
Michael Snyder blogs at The
Economic Collapse.
