The NY Sun recently ran a story about the surfacing of some food shortages in some areas of the US. It appears that this may be a precursor of what is to come. How can this happen? The answer is in the fact that there are several things that contribute to shortages in whole.
For the most part there has always been enough food for everyone on the planet. This is beginning to change. The world is finding itself nearing maximum capacity in not only space but also in many commodities. Oil is a largely the primary commodity running short. The world; however, is not running out of oil anytime soon. It is true that the world has tapped most of the easily accessible oil fields. There is a lot more oil available, but it is becoming more and more expensive to extract shoving up the already inflated oil prices beyond reach.
The same situation applies to ore mines. There is only so much ore that we are able to mine even if there is more ore available; if it is not economically feasible to mine it we cannot obtain it. Basically this means that there is just so much supply available at affordable prices. The higher the price the fewer people that can afford it and the more supply there will be available just beyond reach.
Food is included in this variable. Despite the land available around the world there is only so much food available. Previously the US had a very strong currency; however, this is changing today. The value of the US dollar has been spiraling downward over the last few years. Other countries are now able to out bid the United States for the commodities we need. China is leading the world in outbidding for precious commodities.
The decline of the US dollar will continue as the US continues to print money which results in the value plummeting. With the value of currency declining, the US may find itself with a lessened ability to be the top bidder and may be unable to obtain its resources.
The scenario given above regarding regional food shortage is just the beginning of a number of very shocking changes for America. As a country we have overspent and mismanaged our budget for decades and now it is time to face reality.
Prepare yourself; life is going to become difficult.
Jennifer Stromsteen has sinced written about articles on various topics from Real Estate, Brain and Anger Control. J Stromsteen has many years experience in the insurance, finance, and real estate industries. Besides her own website, , she writes for the websi. Jennifer Stromsteen's top article generates over 74000 views. to your Favourites.