The Final Bubble

[thegreenman]

I'm not a great one for conspiracy theories but it strikes me that the current elevated interest by all the usual suspects - meeja, gov, "experts", quangos and the like, over the issue of food security smacks of a campaign by some government committee which has finally got round to looking at the numbers and had one of those "Oh Shit" moments

Comments

[bateleur]

the incumbent at number 10 will blow up another financial bubble

I think you place much too much weight on the role of individuals here. The system will create another bubble in distributed fashion whether politicians want it or not.

any attempt to borrow our way out of recession will finally put paid to any residual world view that we are some sort of front line nation

Although interestingly the US is actually having more problems on this front than we are. Plus historically it's always been the case that national debt has been reduced not by paying it off, but via massive growth (so that the debt becomes a smaller fraction of GDP over time). That's looking like an increasingly hard trick to pull. If we want a sense of what's going to happen to us, we only have to watch what happens to them...

[thegreenman]

I think it's a mistake to compare us to the US. Historically they have got to the current levels of debt because the global economy was pegged to the dollar. No one has pulled the plug on the US debt because so much Middle Eastern and Asian savings and investment are in the US.

[qatsi]

I moved out here on to my own land to grow food for myself and local people

One wonders whether organised crime will take to harvesting food from unprotected smallholdings when mega-Agribusiness installs 24hr security. Best get your shotgun licence before then :)

[thegreenman]

No comment
:)

[davywavy]

At the start of the C20, the average household spent between 20-25% of it's income on food.

I've found that if you actually try to do this now without increasing the volume you consume, just the quality, every single meal is utterly delicious.

[thegreenman]

That's very interesting. I wonder what the current percentage is. I suspect quite a lot lower.