The World’s Food and Commodities Crisis Has Only Just Began

My Aunt who’s in Connecticut said they are limiting the amount of rice you can buy at Cosco. A similar case occurred in a supermarket here in Israel not long ago. Oil prices are surging. China and other producers are restricting the export of grains in order to ensure domestic food supply.

The world has become so needy and accustomed to exhausting energy sources, natural resources and commodities. Even though it is a stretch to say that the living outnumber the dead (the current world population outnumbers the combined historical world populations), however way you compute it. Still, more people are alive today than have ever lived before at any given time.

Therefore, there are far greater considerations as to supply of goods that haven’t been taken into account. 100 million people have already been put in danger by the current situation. We used to think this situation will not affect us. Many people feel that at the western countries, one can always pay more and get what he want. So maybe we will have to pay for food what we do now for gold?

Well, maybe. But maybe the now “poor” countries will realize that their gold is worth them their lives, and simply won’t sell it.

Possible Conclusions: Buy commodities, Live in Asia, Develop alternative energy sources (conserving energy is not nearly enough – we will use it all up sooner or even sooner), stock up on food, what else?

Popcorn mit dem Handy

Yes, you read it, popcorn with the cell phone. The 21st century. don’t you love it.