Al-Dog
05-19-2008, 01:28 PM
Economists believe that with the growing middle classes in China and India, and rising fuel prices we will have a food crisis within six months (http://www.financialpost.com/story.html?id=213343).
A new crisis is emerging, a global food catastrophe that will reach further and be more crippling than anything the world has ever seen. The credit crunch and the reverberations of soaring oil prices around the world will pale in comparison to what is about to transpire, Donald Coxe, global portfolio strategist at BMO Financial Group said at the Empire Club's 14th annual investment outlook in Toronto on Thursday.
"It's not a matter of if, but when," he warned investors. "It's going to hit this year hard."
Also, British security agencies believe that society is “four meals away from anarchy” (http://www.timesonline.co.uk/tol/news/uk/article492642.ece).
MODERN civilisation may not be quite as safe as we thought. Britain’s security services have been privately warning their staff that western societies are just 48 hours from anarchy.
MI5’s maxim is that society is “four meals away from anarchy”. In other words, the security agency believes that Britain could be quickly reduced to large-scale disorder, including looting and rioting in the event of a catastrophe that stops the supply of food.
What do you think? Should we start stockpiling our food water and guns, or is this just another Y2K exaggeration?
A new crisis is emerging, a global food catastrophe that will reach further and be more crippling than anything the world has ever seen. The credit crunch and the reverberations of soaring oil prices around the world will pale in comparison to what is about to transpire, Donald Coxe, global portfolio strategist at BMO Financial Group said at the Empire Club's 14th annual investment outlook in Toronto on Thursday.
"It's not a matter of if, but when," he warned investors. "It's going to hit this year hard."
Also, British security agencies believe that society is “four meals away from anarchy” (http://www.timesonline.co.uk/tol/news/uk/article492642.ece).
MODERN civilisation may not be quite as safe as we thought. Britain’s security services have been privately warning their staff that western societies are just 48 hours from anarchy.
MI5’s maxim is that society is “four meals away from anarchy”. In other words, the security agency believes that Britain could be quickly reduced to large-scale disorder, including looting and rioting in the event of a catastrophe that stops the supply of food.
What do you think? Should we start stockpiling our food water and guns, or is this just another Y2K exaggeration?