socrateazz

@CIWC: Bubbles and Supply Shocks

I think things are worse than you may think. Agriculture is leveraged too greatly and a lot will find they can not get the money to plant the crops to produce the food. Fuel may be more important than a shiney metal alright. But food is more important than fuel. I think everybody will be shocked at the record agricultural bankruptcies they will see in the next six months. I assume major agricultural production will need to be guaranteed by bailout also this spring. A failure to do so will pobably result in so called unexpected food shortages.