To dopiero wierzchołek góry lodowej
/ 159.205.248.* / 2014-01-27 12:10
To napisał jeden z inwestorów Kalifornii.
I'm not sure WTF the "fundamentals" of this broader "market" are, but I can tell you what the fundamentals of the water situation in the West and in particular CA are, and how that reality is going to crush any fantasy of a recovery in this Country!
If people (without gardens) think they are paying anything less then 4x as much for food next year, as they did this year, they're dreaming!! This drought thats coming and water crisis, will be like nothing this Country has EVER seen!! 90% of the produce, fruit, and nuts consumed by Americans is grown in the Central Valley of CA with irrigated water and a very high % of the planets as well!
There is NO snow pack in the Seirra's on Jan 25th, during normal years, it's 25-40 feet of snow pack, and even on those years, the water consumption for Ag and residential has been drawing down the reserve every year!!
They're telling farmers to slaughter the dairy and beef cattle herds or move them east, as I type, or get ready to pay 4-10x more for water then they did last year, if they can get it! The produce growers in Salinas Valley are going to leaving hundreds of thousands of acres fallow, because they where just told this week, that they can expect 10% the water allocations next year, they got this year! Salinas Valley is where almost all the produce, fresh and frozen is grown in America!
It's not hype, it's not paranoia, this is going to happen, and it's going to be catastrophic! 165 million+ Americans are on welfare, disability, unemployment, or social security and 45 million more are children, who all have "fixed income" sources for food!!! Do the math, it's going to be unreal in human terms. Who TF do you think will pay the tab and how???