Food riots in America

[postmanone]

The food supplies I found on one site was just 24 days, basic wheat as one example;

Total U.S. wheat stocks are down from 777 million bushels in 2001, and are the lowest since World War II. The USDA says that's about a 35-day supply of wheat and notes that farmers in Texas are already starting to harvest a new crop. The American Bakers Association estimates the country has a 24-day supply of wheat compared with the previous three-month level on hand.

International grain supplies are the tightest in three decades, and prices of wheat, corn, rice and other food staples have doubled or tripled.--http://www.usatoday.com/money/industrie ... pply_N.htm

As to how costly the current events are to date, here are some numbers from the past;

• Marshall Plan: Cost: $12.7 billion, Inflation Adjusted Cost: $115.3 billion
• Louisiana Purchase: Cost: $15 million, Inflation Adjusted Cost: $217 billion
• Race to the Moon: Cost: $36.4 billion, Inflation Adjusted Cost: $237 billion
• S&L Crisis: Cost: $153 billion, Inflation Adjusted Cost: $256 billion
• Korean War: Cost: $54 billion, Inflation Adjusted Cost: $454 billion
• The New Deal: Cost: $32 billion (Est), Inflation Adjusted Cost: $500 billion (Est)
• Invasion of Iraq: Cost: $551b, Inflation Adjusted Cost: $597 billion
• Vietnam War: Cost: $111 billion, Inflation Adjusted Cost: $698 billion
• NASA: Cost: $416.7 billion, Inflation Adjusted Cost: $851.2 billion

TOTAL: $3.92 trillion --

To date:Bloomberg came up with its count of how much the current crisis is costing,( they state war I placed the current crisis statement for clarity): $7.4 trillion…with $2.8 trillion already committed. We reported a figure over $8 trillion yesterday. By the end of this week, it will probably be $10 trillion.

And now the bad news why tjis problem is going to be with us for some time;

According to the theory given to us by Keynes, the government has to make up for the spending private citizens are no longer doing. Americans used to 'take out' as much as $200 billion per quarter from their home equity. Now, they have nothing to take out. So, that's $800 billion per year that needs to be replaced right there. And, instead of taking out, they have to put back in…that's what a 'balance sheet recession' is all about. They have to pay off debt and build up savings. Our own guess is that that figure - the amount that used to be spent, but must now be used to repair finances - will rise to about 10% of GDP - or about $1.4 trillion per year. In other words, the feds will have to spend an extra $2.2 trillion per year.--dailyreckoning.com

[princewally]

My thoughts too. If said individual goes feral and attempts to acquire supplies from my family, I think it might just be an opportunity to acquire an nice, new, shot little, dropped once, AR with no paperwork.

Not to mention some well-marbled long pig for the food cellar.


Edit: to, too, two...damn.

[Combat Controller]

My thoughts too. If said individual goes feral and attempts to acquire supplies from my family, I think it might just be an opportunity to acquire an nice, new, shot little, dropped once, AR with no paperwork.

Not too mention some well-marbled long pig for the food cellar.

LOL, you guys crack me up!

[Glenn Bartley]

I think if these predictions come true, my family and I will survive. My son and I will protect what we have, and we will have food in reserve. Maybe not all that much compared to some, but probably enough until we can find, scrounge, grow or otherwise obtain more of it.

All the best,
Glenn B

[Kommander]

Postmanone just out of curiosity you wouldn't happen to have to numbers for how much WWII cost?

[Factfind]

The entire cost of World War II borne by the United States: $3.6 trillion, adjusted for inflation (original cost was $288 billion).
Data from Bianco research

[Cybrludite]

And as for worst case scenarios, well, you could get killed by a frozen block of sewage falling from an airplane tomorrow. Doesn't mean you walk around town with a titanium umbrella.

If it fell off an Aeroflot jet, would that mean you were killed by a Russian Icy BM?

Back on topic, the JIT business model also makes up more vulnerable to things like transportation strikes. (Look up Leslie Fish's song The Grain Trains for a fictional example.) Shut down a few major internal shipping hubs, and you've got a real mess.

[Netpackrat]

And as for worst case scenarios, well, you could get killed by a frozen block of sewage falling from an airplane tomorrow. Doesn't mean you walk around town with a titanium umbrella.

If it fell off an Aeroflot jet, would that mean you were killed by a Russian Icy BM?

There are some things that I don't want to survive.

[Factfind]

I worry about what they are going to do if/when they really start to get hungry, and then remember they have a brand new AR and two cases of ammo in the closet.

Which is why we need rifles with scopes that allow us to reach out beyond AR15 range.. accurately.

[Netpackrat]

I worry about what they are going to do if/when they really start to get hungry, and then remember they have a brand new AR and two cases of ammo in the closet.

Which is why we need rifles with scopes that allow us to reach out beyond AR15 range.. accurately.

One of the reasons, anyway.