The economic disaster is now being multiplied by the terrible flooding going on in the Mid-West.
The dollar continues to weaken, the cost of all transportation is steadily rising, the cost of food was high because of high commodity prices,and the transportation to get the food to market.
Now Mother Nature is piling on with all of Her Fury. The flooding in the Mid West is destroying significant acerage and preventing the planting of new crops.
The food futures are about to spike. What this will do to prices World Wide is sure to wreak economic havoc and starvation around the world.
These are not good times for the general population of the World.
The world polulation is at 7 billion people. An ever growing number , which is now adding 1 billion new people every 13 years.
New mouths to feed, and less more expensive food for them to eat. A very dangerous scenario.