Food riots in the United States: not so unlikely.

[Os Cangaceiros]

The root cause of what happened in many of the Arab states in regards to commodities and inflation could happen here, according to this interesting report from a conservative financial website (http://www.zerohedge.com/article/why-haven%E2%80%99t-riots-hit-us-yet).

http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/GPC%203-7-5_1.gif

http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/sc-3.png

("As you can see, The Rogers Agricultural index only broke above its multi-year resistance level after the Fed indicated it was going “all in” on its reflation efforts with QE lite.

"This in turn has resulted in riots and revolutions worldwide. Already we’ve seen this occur in Tunisia, Algeria, the Ivory Coast, Egypt, Libya, Bahrain, Iran, and now Saudi Arabia. We’ve also seen the start of this in China.")

http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/inequality-page25_therichest280.png

http://www.zerohedge.com/sites/default/files/images/user20289/imageroot/GPC%203-7-3_0.gif

("It is literally now 'do or die' time for the US currency. If the US Dollar does NOT rally HARD right now… then we’re triggering the massive H&S pattern in short course and on our way to a 50% devaluation."


Make of that what you will.

[Os Cangaceiros]

And in another developed country... (http://www.buffalonews.com/business/24-hour-business-news/article362305.ece)



LONDON (AP) - A senior economist at HSBC has warned that Britain could experience riots if food prices continue to soar in line with the cost of crude oil.

Karen Ward told Sky News that amid "very low" wage growth in the developed world, failing to compensate workers for recent rises in food and energy prices could provoke social unrest in the U.K.

etc

[danyboy27]

cbc newspaper mentionned that the cost of food will rise of 7% trought the coming months.

[bcbm]

hold on to your butts...

[Rusty Shackleford]

and english muffins.

[the last donut of the night]

this thread's making me all hungry

[bricolage]

the end is nigh

[Rusty Shackleford]

8-k3ZqTFqo0