Archive for the ‘food shortages’ Category


Marc Faber with Peter Schiff – Hyperinflation In The United States A 100% Certainty

Peter Schiff – The Crisis Isn’t over

China Bank Wants U.S. Bonds Issued in Yuan

The head of China’s second-largest bank has said the United States government should start issuing bonds in yuan, rather than dollars, in the latest indication of the increasing importance of the Chinese currency.
Guo Shuqing, the chairman of state-controlled China Construction Bank (CCB), also said he is exploring the possibility of issuing loans to trading companies [...]

Hyperinflation: “No one was prepared. The shelves in the grocery stores were empty”

The Weimar Hyperinflation? Could it Happen Again?
β€œIt was horrible. Horrible! Like lightning it struck. No one was prepared. The shelves in the grocery stores were empty. You could buy nothing with your paper money.” – Harvard University law professor Friedrich Kessler on the Weimar Republic hyperinflation (1993 interview)
Some worried commentators are predicting a massive [...]