Another leg of the depression that's co

[Sum Dum Gai]

I would expect high food prices with a drought in most of the country. If we have better weather next year they'll come back down. Food has always been highly cyclical.

Monsanto suing neighboring farmers for patent infringement from windblown seeds is utterly ridiculous though. I wish those lower court judges would grow a spine and tell them exactly where to stick their lawsuits.

[Deleted]

dust bowl USA

[Sammy]

The remnants of the Gulf hurricane are dropping a lot of water on some areas of the midwest. Too bad it came too late to help the currant crops.

[Sum Dum Gai]

I would sue Monsanto for contaminating my crop.

Good luck with that. It seems the entire legal system in the farm belt states are terrified of pissing them off.

[weltschmerz]

But to the topic, much higher food prices are part of the coming depression, not societal collaspse, but depression
---------
It's called a drought, not a depression. Everyone could see higher food prices coming. Maybe you didn't get the memo.

[hamsterwheel]

cretinous, have you thought of posting in decoy's section in market talk? You would fit in there well. I think you'd like decoy and vice versa.

[Steady As She Goes]

[Regis]

Aug 31, 2012 17:53:30 GMT -5 Sammy said:

The remnants of the Gulf hurricane are dropping a lot of water on some areas of the midwest. Too bad it came too late to help the currant crops.

I've lived my entire life in the midwest and have never known anyone who grows currant. I thought it was mostly grown in California.

[Deleted]

Cret....You need to stop reading www.godlikeproductions.com!!!

[Deleted]

Sept 2, 2012 9:01:45 GMT -5 @bloomscuzzer said:

Rukh, you are part of the solution.

Doesn't anyone else fear much higher food prices or even food shortages? Maybe it's not 100% sure, but even a 10% chance that much higher food prices are permanent would be terrible for the economy.

I heard someone once say that when govts really start to get in trouble food is often a part of it. Weren't the riots in Egypt preceded by changes in food policy by the govt?

Don't worry, California is here to help. We will continue to feed the nation the veggies they need.

[midjd]

$28 a gallon gas by 2016. If he is just a little bit right and gasoline doubles in price, that will wreck many peoples retirement, maybe just the ignorant peoples retirement accounts, but still massive tragedy.

I think humans are very adaptable. I think if gas doubles in price (which isn't outside the realm of possibility - it's doubled since the early 2000s) there will be a much bigger shift to telecommuting, "buying local," and downsizing our vehicles.

Gas is $7-$8 per liter(?) in Europe and they haven't returned to the Dark Ages yet.

As with anything else, there will be some short-term pain but hopefully long-term progress.

[GRG a/k/a goldenrulegirl]

Cretinous, do you have a well-stocked pantry that you filled with shelf-stable foods bought at loss leader prices?

What about a deep freezer or two that you can fill with meat purchased at loss leader prices?

Both of those will help stave off any anxiety you are feeling about rising prices. If any of it is new to you, check out Amy Dacyzcyn's (pronounced: decision) Tightwad Gazette books at the library -- especially the chapters on her Pantry Principle.

Sure, you'll have to replace the food as you're eating it, but if you follow the Pantry Principle you'll always be replenishing it at rock-bottom prices instead of having to running out of a staple and having to run out and buy it at full price.