INFRASTRUCTURE & MONETARY INSTABILITY - Videos

Total Economic Collapse, Death of the Dollar, Impoverishment,
WWII,
Marc Faber Interview



Marc Faber Interview, Massive Economic Collapse, Derivatives Dive

"This is end of world type Stuff" - An Interveiw with David Amenduri

This is an interview with Daniel Ameduri (Future Money Trends) by John Williams (Shadow Stats). Economist John Williams lays out a grim picture of how we got here and the impact we’ll soon experience in every facet of our lives.

This is an interview that shouldn’t be missed. it is very I opening.

One of the leading experts on statistical analysis and economic theory in our country is giving us an outline of what’s coming. Listen well

[excerpts follow - see video above for full interview]

Williams: We’re in a no win situation. This is end of the world type stuff.I hate to say that.

Go back to September of 2008. The system was on the brink of collapse. That was in the end of the world as we know it – the financial world. They pulled out every stop-gap measure that they could. They graded whatever they had to do to keep the system afloat. That’s the type of environment we’re dealing with.

We’ve been living through some replays of that, nothing quite as serious. The end of the line fundamentals are not getting better. You’re in a situation now where the rest of the world increasingly has lost its confidence in the US dollar.

Ameduri: When you’re looking at this hyperinflation, when you’re preparing, how long are you actually expecting the chaos part to last?

Williams: I can’t tell you how long it’s going to last. I can tell you it’s likely going to be very disruptive to our lifestyles because we don’t have any backup systems to the dollar.

Ameduri: Are utility workers going to show up for work when if we’re in hyperinflation? Their checks are going to be worthless…

Williams: It depends how creative people get. You also have a chance of seeing disruption to supplies to grocery stores. And if food’s not on the shelves, it’s one of the fastest ways of turing to civil unrest.

What I would look to do is have a backup supply of at least several months of the basic commodities you need to live with – canned food, toilet paper, as well as barter items…

You want to be able to be prepared as you might be for a natural disaster…I think people should have supplies not only for natural disasters, but man-made disasters. And just to keep rotating your stock.

In this type of environment where nobody can get a safe return on their money within the United States that beats the official rate of inflation, buying canned foods and such is actually a better investment than a Treasury bill.

Ameduri: What’s the breaking point where we actually see that loss of faith in the currency?

Williams: Well, I think we’ve already passed it. We’re not seeing heavy dollar selling right now, but if you look at the global market response to what was being done in Washington, that was a loss of confidence…. They’re not going to let a systemic collapse happen so long as they can get away with what they’re doing and the markets allow them to do it.

Moving further down the road to the hyperinflation, it buys them time. That’s all it does. They don’t have a solution.

…Eventually you’ll see a collapse here of the dollar where the dollar becomes worthless. For people living in a dollar denominated world that means that the purchasing power of their primary currency is going to disappear. They need to protect themselves or to protect the purchasing power of their assets.

The proximal trigger for the big problem we have ahead, I believe, will be a massive sell off of the dollar. I can’t tell you exactly when it’s going to happen. It can be triggered by any number of things from a resolution of the Euro crisis to the next round of Fed easing whatever that will be.

We’re moving in a direction that clearly indicates you don’t want to be in the US dollar.

20 Signs That A Horrific Global Food Crisis Is Coming

This is an excerpt from the site Economic Collapse

20 Signs That A Horrific Global Food Crisis Is Coming

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....