By Dr. Mercola

'Is the US headed toward an economic crisis that could dwarf the Great Depression?
Well, the signs are hard to ignore, and there are many striking similarities between events today and the events that led up to the harshest years during the Great Depression, from banking failures in the thousands and rising unemployment, to the passing of laws and creation of administrative boards later declared unconstitutional.
As reported by the Wall Street Journal, food prices have risen sharply in the past few months, and the food manufacturing and restaurant industries warn that further increases may be unavoidable, despite the risks involved:

"For food executives, how quickly to pass along higher costs presents difficult choices.
Missteps could be costly when the economy remains weak. Many Americans, nervous about high unemployment, have pledged allegiance to their pennies and are willing to trade down on brands, switch supermarkets, opt for Burger King over Applebee's, or stop dining out altogether to save money."'

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Posted by Unknown Posted on 04.22 with No comments