Is the world approaching a devastating global economic meltdown? Right now there are a large number of factors that are creating economic stress points all over the globe. All of the crazy money printing that the Federal Reserve and other central banks have been doing is putting inflationary pressure on agricultural commodities, oil and precious metals. Massive floods, horrific droughts and extreme weather patterns all over the globe are ruining crops and creating food shortages. Some nations are now actually hoarding food, and in other nations rising prices have sparked food riots. The price of oil has been moving back towards $100 a barrel, and if it stays at a high level for an extended period of time that is going to have very serious consequences for the global economy. In addition, the growing sovereign debt crisis could erupt again at any time. Half a dozen nations in Europe are on the verge of insolvency, Japan’s national debt is now well over 200 percent of GDP, and the global financial system is growing increasingly concerned about the exploding national debt of the United States. The truth is that the entire world financial system is a house of cards balanced on a razor’s edge and it could come down at any time. (Read More...)
Worst Freeze In 60 Years Wipes Out Entire Crops Across The Southwestern U.S. And Northern Mexico
Get ready to pay a lot more for produce at the supermarket. In early February the worst freeze in 60 years wiped out entire crops all across the southwestern U.S. and northern Mexico. Already, it has been reported that some U.S. supermarkets have doubled or even tripled prices for certain produce items. Yes, you read that correctly. The price of certain vegetables is actually doubling or even tripling in many U.S. supermarkets. The really bizarre weather that we have been seeing all over the globe this winter is really playing havoc with food prices. The global price of food hit an all-time record during the month of January, and most observers expect food prices to continue to soar. Even before this recent horrible freeze in the southwestern U.S. and northern Mexico, global food prices were pushed higher by unprecedented flooding in Australia and Brazil, and key agricultural areas of China are now experiencing their worst drought in 200 years. Things are getting really crazy out there. Produce prices in the U.S. are eventually expected to return back to normal levels, but this just shows how dramatically food prices can change when a major disaster happens. (Read More...)
Could An Eruption Of The Yellowstone Supervolcano Destroy The United States As We Know It?
When most Americans think of Yellowstone, they tend to conjure up images of Yogi Bear and “Old Faithful”. But the truth about Yellowstone is much more frightening than that. Yellowstone National Park in Wyoming is actually sitting right on top of a massive supervolcano. This supervolcano has erupted before, and scientists tell us that when it fully erupts again it will destroy the United States as we know it. So could such an eruption happen any time soon? Well, scientists tell us that Yellowstone is actually overdue for a major eruption and there are thousands of earthquakes in the Yellowstone area every single year. In addition, scientists that monitor Yellowstone have been quite alarmed that some areas of Yellowstone have risen by as much as ten inches over the past few years. So yes, there are some good reasons to be really, really concerned about what is going on at Yellowstone. (Read More...)
Food Crisis 2011? 14 Disturbing Facts That Make You Wonder If The Coming Global Food Shortage Has Already Begun
Will 2011 be the year that we point to as the beginning of the great global food crisis? Food prices are soaring, supplies are very tight and already we have seen some very intense food protests flare up around the globe this year. When people don’t have enough to eat, they tend to become very desperate, and unfortunately it looks like the global food situation is not going to improve much any time soon. Right now the world is really struggling to feed itself, and with each passing day there are even more mouths to feed. It is being projected that the population of the world will reach 9 billion people by the year 2050. There are already way too many people starving to death around the globe, and unfortunately starvation is only going to become more rampant as food supplies get even tighter. Some of the key food producing provinces in China are facing their worst drought in 200 years. Flooding has absolutely devastated agricultural production in Australia and Brazil this winter. Russia is still trying to recover from the horrific drought of last summer. Global weather patterns have gone haywire over the past 12 months, and this is putting immense pressure on a global food system that was already on the verge of a major breakdown. (Read More...)
12 Reasons Why Ron Paul Is Very Different From Most Of The Other Contenders For The Republican Presidential Nomination In 2012
Even though most of the potential contenders for the Republican presidential nomination in 2012 have not formally announced their intentions yet, the truth is that the race has already begun. Just look at all of the Republican politicians that have scheduled visits to Iowa. Potential candidates are gearing up their campaigns and it should be one of the most interesting primary seasons in ages. But is there anyone in the field that is really that much different from George W. Bush and John McCain? Is there anyone that is not just going to trot out the same tired old ideas? Is there anyone that would actually do something substantial about government debt? Is there anyone that actually wants to shut down the Federal Reserve? Is there anyone that would actually work to restore our civil liberties? Well, the truth is that most of the potential Republican candidates are virtual clones of George W. Bush and John McCain. There are very few in the field that offer any hope whatsoever. But there is one man that does stand out as being very different. His name is Ron Paul. (Read More...)
20 Facts That Will Make You Really Mad If You Stop And Think About Them For A While
The more you read the news today the more likely you are to get really mad. The world is becoming an incredibly crazy place, and at times the amount of bad news that is coming out can seem almost overwhelming. Everywhere you look, the poor are being oppressed, our politicians are making stupid decisions and evil is on the march. The America that so many of us grew up deeply loving is literally being ripped to shreds in a thousand different ways. Unfortunately, those in power have not had any real answers for us in decades. The Democrats don’t have any real answers, the Republicans don’t have any real answers and the Federal Reserve sure as heck does not have any real answers. In fact, it seems like almost everything that our leaders actually do “accomplish” only makes things worse. The vast majority of Americans are quite busy being entertained by “bread and circuses”, but meanwhile our country is literally falling apart. (Read More...)
4 Ways Barack Obama And The Federal Reserve Are Destroying Our Long-Term Economic Future For Their Short-Term Gain
Many people have been stumped as they have attempted to find a coherent theme in Barack Obama’s economic policies. But the truth is that what the Obama administration is trying to do is not that difficult to figure out. Just like so many other previous administrations, the Obama administration is motivated by self-preservation. All of Barack Obama’s economic policies are designed to produce a short-term economic burst that will help him win the next election in 2012, and the Federal Reserve has been cooperating every step of the way. Perhaps the Federal Reserve is motivated by self-preservation as well. The American people are becoming extremely disenfranchised with the Federal Reserve, and so those inside the Fed likely realize that they better get the economy on track or face even more scrutiny. In any event, Obama and the Fed are working together to do whatever they can to improve the short-term economic situation. Unfortunately, everything that they are doing is making our long-term economic problems even worse. But Barack Obama and the Federal Reserve are not really concerned with what is going to happen down the road. What the Obama administration and the Federal Reserve are concerned about is protecting their rear ends in the here and now. (Read More...)
Now That The Super Bowl Is Over, Here Are 17 Facts Which Prove America Is A Debt Pig That Is Deeply Addicted To Debt-Fueled Prosperity
Wasn’t the Super Bowl wonderful this year? Congratulations to the Green Bay Packers! It is amazing how much money people will spend to attend this game each year. Just a few hours before kickoff, some tickets were selling for over $4000 a seat. Not that it wasn’t a great show. It turned out to be a really great game and it was held in perhaps the most extravagant sports facility ever constructed in the history of mankind. Even the halftime show, featuring the Black Eyed Peas, was a spectacle of historic proportions. This year the Super Bowl truly was quite a grand party. In America, everything always has to be bigger and better. We take pride in constantly outdoing ourselves. Other nations of the world look at our great prosperity in envy. But do we ever stop to ask ourselves where all of this great prosperity has come from and if we can continue to afford it all? (Read More...)