The Wikileaks US Diplomatic cable reported recently by the Guardian makes for very scary reading. The idea that Saudi Arabia, the world's largest oil exporter may have overstated its reserves by nearly 40% is actually very worrying, when you consider the consequences.
With the price of crude oil at (on average) nearly $100 US a barrel and the huge input of oil into our industrialised food industry, it is no wonder that the UN FAO is reporting that the FAO Food Price Index (FFPI) rose last month, for the seventh consecutive month and is the highest since 1990.
At home, the Guardian reports that two thirds of British pig farms are facing collapse within two years and that the price of pork is going to rise due to the increased cost of feeding
We must wake up and take drastic action to avoid the worst consequences of being hit by this oncoming train. We are running out of time.