Posts Tagged Global
July 20, 2012
Are you ready for the next major global food crisis? The price of corn hit an all-time record high on Thursday. So did the price of soybeans. The price of corn is up about 50 percent since the middle of last month, and the price of wheat has risen by about 50 percent over the past five weeks. On Thursday, corn for September delivery reached $8.166 per bushel, and many analysts believe that it could hit $10 a bushel before this crisis is over. The worst drought in the United States in more than 50 years is projected to continue well into August, and more than 1,300 counties in the United States have been declared to be official natural disaster areas. So how is this crisis going to affect the average person on the street? Well, most Americans and most Europeans are going to notice their grocery bills go up significantly over the coming months. That will not be pleasant. But in other areas of the world this crisis could mean the difference between life and death for some people. You see, half of all global corn exports come from the United States. So what happens if the U.S. does not have any corn to export? About a billion people around the world live on the edge of starvation, and today the Financial Times ran a front page story with the following headline: “World braced for new food crisis“. Millions upon millions of families in poor countries are barely able to feed themselves right now. So what happens if the price of the food that they buy goes up dramatically?
You may not think that you eat much corn, but the truth is that it is in most of the things that we buy at the grocery store. In fact, corn is found in about 74 percent of the products we buy in the supermarket and it is used in more than 3,500 ways.
Americans consume approximately one-third of all the corn grown in the world each year, and we export massive amounts of corn to the rest of the world. Unfortunately, thanks to the drought of 2012 farmers are watching theircorn die right in front of their eyes all over the United States.
by: Tyler Durden
July 19, 2012
By now it should be more than clear that the entire hope-based, short-squeeze driven, algo-mediated rally is the result of the last traces of hope: with the US economy openly in free-fall mode, housing supported only by once again increasing shadow inventory (and even that myth is starting to falter following today’s existing home sales update), corporate profits just barely holding in as a result of the last possible cuts into the bone via personnel terminations now that YoY revenue numbers have once again sloped lower and the corporate growth cycle has turned, there is little sustaining the market aside from the mysterious seller of endless vol, which could be well, anyone, and some quiet prayer that China may step in and once again, like back in 2009, be the marginal economic dynamo that restarts the global economy one more time. It would do that in the conventional way, of course: by easing as much as it possibly can. There is, however, one problem with this: food prices. As everyone knows the product the PBOC pays more attention to than anything else is food: pork, soy, corn, etc., and particularly food prices. Because if there is one thing that can cause social upheavals in the world’s most populous country, it is a rerun of the spring of 2011 when as a result of global easing, we saw not only the Arab Spring, but violent flare ups throughout China. Which brings us to today’s topic: black swans. Deep fried black swans.
As UBS explains the record drought that has gripped America may well have far-reaching implications beyond just the price of corn in the US. If, indeed, adverse US climatic conditions spread, and it appears they already have as “the monsoon season, which is critical for that country’s agricultural production, is 22% below normal conditions for the year” it means that Asian food prices will broadly be the next commodity sector to go sky high, and with that kill any hope of either an RRR cut, or an outright reduction in the PBOC’s Interest Rate.
by: Susanne Posel
July 12, 2012
The globalist design for micro-apartments is being championed by New York’s Mayor Michael Bloomberg. These “studio and one-bedroom apartments” will be no bigger than 275 to 300 sq ft. These tiny living spaces are smaller than currently allowed by building regulations, according to a statement by Bloomberg’s office; however the zoning regulations will be waived in over to construct the first of many compact pack ‘em and stack ‘em housing model in the city-owned area of Kips Bay.
The intention is to construct an area in NY that accommodates restricted housing space, eliminates car use in favor for walking and bicycling and promotes mass transit. Herding the expanding population into dense areas will smaller living spaces will instill the new class of poor and obligate their psychological transition toward accepting the Agenda 21 megacity concept .
by: Susanne Posel
July 11, 2012
The California Senate has passed bill 21 – 16 that implements the financing for a high speed rail line across the Central Valley. The new law will require selling $4.5 in bonds to build this railway. They will also receive $3.2 billion in federal government stimulus.
The high speed railway will link to transportation lines.
Senator Joe Simitian said on the Senate floor: “I think high-speed rail makes sense in California … but we’re not being asked to vote on a vision today, we’re being asked to vote on a particular plan. Regrettably, the only conclusion I can come to today is that this is the wrong plan in the wrong place in the wrong time.”
Supporters of the bill claim that it would create jobs and promote public transit to protect the environment.
The high speed railway is the brainchild of America 2050, a non-governmental organization that supports Agenda 21 policies in the US. California Governor Jerry Brown and the California High-Speed Rail Authority “are to be commended on the revised 2012 draft business plan for high-speed rail, which cuts the project’s cost by $30 billion while making numerous improvements to previous proposals.”
Robert Yaro, co-chairman of America 2050 said: “Not only does this plan reduce the project cost substantially; it provides a new phasing strategy that will bring the benefits of high-speed rail to Californians more quickly.”
America 2050 claims that the railway will provide more trains to the growing population in California between San Francisco Bay and the Los Angeles Basin. They propose this endeavor is necessary to “close the gap” between Northern and Southern California.
via: Occupy Corporatism
by: Susanne Posel
July 10, 2012
There is an estimated 366 million, trillion gallons of water on planet Earth. That number appears to be fixed, according to UNESCO’s Intergovernmental Council of the International Hydrological Program (HIP). The alarmist threat of man-made climate change states that where and how this water manifests itself in hydraulic flux across our biosphere is questionable.
The HIP are a UN program system devoted to researching and finding natural water resources and managing those resources found. While the UN is well aware that the necessity of water as a vital source for life means the retention of power over all life, they are well into their schemes to develop global governance over all sources of fresh, clean water.
The IPCC document HS 15332 Climate Change Impacts: Securitization of Water, Food, Soil, Health, Energy and Migration explains how the UN plans to secure resources to use at their disposal. Through the International Monetary Fund (IMF) underdeveloped countries are forced to sell their resources to the global Elite as “full cost recovery” to the global central bankers. Once those resources are under the complete control of the IMF they become assets to be reallocated back to the enslaved nations for a price.
This scheme makes water sources under central privatization cost more and become less accessible to those who desperately need it. Water prices rise while the quality of it diminishes. This forces natives in places like South Africa and India to collect water from polluted streams and rivers, which compromises their health. The cycle in complete when those who had their water stolen from them through coercion die from contaminated water that they were forced to use.