5 Predictions for the U.S. Economy and Economic Collapse in 2011

1) Economic collapse in America will begin when food inflation becomes a major crisis.

Currently there is a serious shortage of farmers the U.S.  While there has been a boom in non-productive service oriented jobs in U.S. in recent decades, very few Americans have pursued productive jobs, especially in the agricultural sector.  This has created a situation in which there is rising demand for but decreased production of food.  Couple this with the fact that when governments create monetary inflation, prices of all goods and services do not rise equally.  Inflation occurs greatest in products that people need most and cannot cut back on such as food.  As the U.S. federal government continues creating money out of thin air to pay off its debts, and the resulting inflation occurs, the first thing Americans will buy in the beginning of the economic collapse will be food, and this will drive up prices considerably.  It has been suggested by preparedness experts that families should stock up on non-perishable food supplies and have at least a six month reserve of food should food shortages become a serious problem in the coming economic collapse.

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Of all the examples cited, the issue of food seems to be paramount, as we can not survive without it. 

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