Is There a Food Shortage In Our Future?

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Is There a Food Shortage In Our Future? - By: Jennifer Stromsteen, Posted on: 2008-05-07

Is it possible for a nation such as America to face a food shortage in the future?

The answer to this is yes.

The NY Sun recently ran a story about the surfacing of some food shortages in some areas of the US. It appears that this may be a precursor of what is to come. How can this happen? The answer is in the fact that there are several things that contribute to shortages in whole.

For the most part there has always been enough food for everyone on the planet; this is beginning to change however. The world as a whole is finding itself coming close to maximum capacity and our commodities are becoming more difficult to obtain. Oil is one of the largest commodities we are having difficulty coming by easily. It isn’t that we are out of oil, but that the world has tapped out most of the easily accessible oil fields. We have much more oil it is just more expensive than its worth to extract it which puts it out of reach to us.

The same situation applies to ore mines. There is only so much ore that we are able to mine even if there is more ore available; if it is not economically feasible to mine it we cannot obtain it. Basically this means that there is just so much supply available at affordable prices. The higher the price the fewer people that can afford it and the more supply there will be available just beyond reach.

Food is included in this variable. Despite the land available around the world there is only so much food available. Previously the US had a very strong currency; however, this is changing today. The value of the US dollar has been spiraling downward over the last few years. Other countries are now able to out bid the United States for the commodities we need. China is leading the world in outbidding for precious commodities.

This development will continue as America continues to print more money resulting in a watering down effect. With the value of currency in the downward process, the US will find itself with less ability to be top bidder in obtaining its resources.

The scenario given above regarding regional food shortage is just the beginning of a number of very shocking changes for America. As a nation we have overspent and mismanaged our budget for decades and now it is time to face reality.

Get Ready; life is going to become painful.

Article Source: http://www.girlarticles.com

J Stromsteen has many years experience in the finance, real estate, and insurance fields. Besides her own site, Cheap Auto Insurance, she writes for the websites Bush's Depression as well as first time home buyer to provide up to date details on the unfolding real estate and financial crisis.