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Is it possible for a nation such as America to face a food shortage in the future? The answer to this is yes. There was a story recently in the NY Sun about the appearance of some food shortages of regions in the US. This is likely a harbinger of what's to come. There are several contributing factors to why this possible. For the most part there has always been enough food for everyone on the planet; this is beginning to change however. The world as a whole is finding itself coming close to maximum capacity and our commodities are becoming more difficult to obtain. Oil is one of the largest commodities we are having difficulty coming by easily. It isn't that we are out of oil, but that the world has tapped out most of the easily accessible oil fields. We have much more oil it is just more expensive than its worth to extract it which puts it out of reach to us. We are experiencing the same situation with the world's mines. There is not a shortage of ore but we just can't affordably get at it. Essentially this means that there is only a limited supply available at affordable prices. The higher the cost of supplies the fewer people that can afford it; this will of course increase the supplies at unaffordable prices. Food is included in this variable. Despite the land available around the world there is only so much food available. Previously the US had a very strong currency; however, this is changing today. The value of the US dollar has been spiraling downward over the last few years. Other countries are now able to out bid the United States for the commodities we need. China is leading the world in outbidding for precious commodities. This trend will continue. As the US continues to print more and more money, and water down the value of its currency in the process, the US will find itself with less and less ability to be top bidder in the battle to buy enough resources. The above story of regional food shortage is just the beginning of a very shocking change for America. As a country we have overspent for decades, and now we are just starting to have to face reality. Hang on; it's going to be a rough ride.
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In addition to her own site, Cheap Auto Insurance, J. Stromsteen contributes to the site Bush's Depression as well as first time home buyer to provide up to date info on the developing financial crisis.
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