Posted: September 15th, 2010 by Gadget42
Gerald Celente, a recognized world trend-spotter, has been cited by the NY Post, CNN, and USA Today. His predictions of future trends based on current events have been recognized as incredibly accurate, in both the world of politics and finances.
The current trends cited include increased governmental control of food production and distribution, reduced bank solvency and increased credit regulations. Other trends include ongoing disasters such as the recent 20% food price hike in Russia and the devastating flooding in Pakistan, which destroyed the entire cotton crop for the nation.
As an example of increasing government control, Off The Grid News cites an incident in Portland, Oregon (among many others), in which a child’s lemonade stand was shut down because it was unregulated by the government and the child had not paid the $120 fee to do business in the city. These trends, in conjunction with legislation like the Food Safety Modernization Act S510, paint a very bleak picture of the future.
Emerging trends indicate immense food shortages in the near future, beginning with farmers taxed beyond endurance. Add to this the looming specter of war in the Middle East, rising gas and fertilizer costs, and you have a recipe for rising food prices.
To listen to Celente’s newest comments on food supplies and rising food prices, go here.