Collapse Watch
Economic Collapse Watch: Riots in Haiti over Food Prices
Submitted by: Tony Wikrent on Tue, 04/08/2008 - 18:00
promoted by roxy
In The Crash is past. Comes now Inflation, on March 2 (it seems so long ago), I warned that the official response to the financial crises so far was to save Wall Street and the financial system at all costs; that inflation was being unleashed; and this would mean a severe decline in our standard of living over the next few years. I alluded to a rise in food prices being one immediate cause of pain, and intimated that social unrest would be the result.
It’s happening much faster than I thought possible.
buzz-it!
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