Wednesday, September 19, 2012

 

We Are Now One Year Away From Global Riots, Complex Systems Theorists Say


Today, the food price index is hovering around 213, where it has stayed for months—just beyond the tip of the identified threshold. Low corn yield in the U.S., the world’s most important producer, has helped keep prices high.
“Recent droughts in the mid-western United States threaten to cause global catastrophe,” Yaneer Bar-Yam, one of the authors of the report, recently told Al Jazeera. “When people are unable to feed themselves and their families, widespread social disruption occurs. We are on the verge of another crisis, the third in five years, and likely to be the worst yet, capable of causing new food riots and turmoil on a par with the Arab Spring.”
They pin it on global warming.  I say it's Quantitative Easing.

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