Healthy soil and sustainable growing

[Bobby G <bobbyg53211@yahoo.com>]

--- livingontheland-request@lists.ibiblio.org wrote:

> Prices for key foods are rising sharply
> By Kevin G. Hall | McClatchy Newspapers
> http://www.mcclatchydc.com/227/story/18902.html
>     * Posted on Tue, August 14, 2007

Hey, folks, here's a long-term corn prices chart to
help put things in perspective:

http://www.mrci.com/pdf/c.pdf

any list members around in the fall of 1974 as an
adult will recall the total freaking-out in the farm
community when corn was hitting something like $4.00 a
bushel on commodities markets.  the shape of the
"spike" is indeed something to see, even by today's
standards.

this was all in the wake of the Yom Kippur War, the
Arab Oil Embargo, the first oil-price spikes, the
onset of "gas lines" (that's waiting for hours to get
gasoline which may, or may not, be available by the
time you get your turn at the pump, for you
youngsters), and all that craziness that was the year
1974...

if you did a constant-dollar calculation on corn
prices, corn would today need to be in the
$9.50/bushel-$10.00 range to warrant the same amount
of freaking out.

all that said, there is most definitely some sort of
slow-motion trainwreck going on in the financial
markets of all sorts as we speak.  

there is some serious derangement going on in the
global economy, and i tend to believe that this time,
it's for real.  it's not a "correction" as they
say--it's "the Big One" we've all been expecting for
quite some time, all of us denizens of the alternative
lists, us readers of the alternative media available
on the interweb.  how long it takes to unfold is
beyond my powers of prediction.

i hope all are hunkered down and prepared to weather
the oncoming "storm" which promises to be a real
doozy.

bobby g
Central Wisconsin


      
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