by Michael Snyder, The Economic Collapse Blog:
Global food supplies just keep getting even tighter, and global hunger has risen to extremely alarming levels. People on the other side of the world are literally starving to death as I write this article, but most of us in the western world simply do not care about the millions that are deeply suffering because the mainstream media hardly ever talks about what is happening. But the truth is that we are feeling the impact of this global food crisis too. As I warned my readers repeatedly, the primary way that this crisis would manifest itself in wealthy countries during the early stages would be through higher food prices, and that is precisely what we are witnessing. On Friday, I went to the grocery store and a small bag of chips that I could once buy on sale for 99 cents now has a regular price of 5.99 stamped on it. Throughout the store there were so many products that I refused to purchase because I thought that they had simply become way too expensive, but those prices are not going back down to where they once were. Food inflation is here to stay, and the entire planet is going to suffer as a result.