I've been thinking about this whole deal for a while, but it's time to bring it up for all friends, sailors, and kindred spirits out there.
Had an elucidating conversation this morning over far too much caffeine that made this commentary critical. Now, over Merlot, the thinking is more staid.
There are conditions forming that may create epic levels of trouble next year in the agricultural markets. We saw a little of that with rice last year, and corn, and elsewise--mostly due to bio fuel intrusion on the food chain. None of this pressure has gone away, but additional pressures are likely to be added. They are worth thinking about.
1) We have a credit crisis. We as homesteaders/seasteaders at heart and practice may be better prepared than many, and more or less uneffected by such issues, but the rest of the world is reeling. Farming in particular is in trouble.
2) Farming is in trouble especially because modern farming, globally requires credit as much as seed. The seed is proprietary in most cases, co-ops must purchase their fertilizer contracts, and they must do so on an non-arbritrary time frame. Spring wheat must go in at the right time, period, or you don't have any spring wheat. While GM and AIG dominates the news, the fact is that farmers aren't able to plant. In many cases, at all. Do your research!
3) There is a very very good chance that next summer will be the warmest ever in the history of human kind. Why? We're all cutting back on consumption, all around the world. Oil is at barely 40 bucks a barrel as a result. The ecological result is while CO2 may be lower next year, our soot production--which has kept the world almost 3C too cool--may well be much less. The result may be a sudden and severe increase in global temperatures and drought.
Do a little bit of research and get back to me. What do you think?
The oil industry's soft underbelly - SUBHEAD: The upcoming Seneca Collapse will be demand side, and not supply side driven. By Ugo Bardi on 19 November 2017 for Cassandra's Legacy - ( http:...
1 day ago