The following is a short extract from a very interesting article, the whole of which can be read HERE. It is something that all the big financial institutions don’t comment on, well at least not in public.
Though it is obvious that if there is the likelhood of such a collapse the ordinary people should be organising at grass roots level to co-operate and survive through sustainable mutual aid projects. Are we? You can rest assured that the pampered parasites responsible for the debt bubble and its eventual bursting, will have taken good care of their survival, even at the expense of the ordinary people.
“—Despite all of our advanced technology, the truth is that human civilization simply cannot function without oil and food. But now the price of oil and the price of food are both increasing dramatically. So how is the current global economy supposed to keep functioning properly if it soon costs much more to ship products between continents? How are the billions of people that are just barely surviving today supposed to feed themselves if the price of food goes up another 30 or 40 percent? For decades, most of the major economies around the globe have been able to take for granted that massive amounts of cheap oil and massive amounts of cheap food will always be there. So what happens when that paradigm changes?—”