The president of the World Bank has warned that the world is "one shock away from a full-blown crisis".HERE'S WHY:
Robert Zoellick cited rising food prices as the main threat to poor nations who risk "losing a generation".
He was speaking in Washington at the end of the spring meetings of the World Bank and International Monetary Fund.
Food price changes Q1 2010 to Q1 2011
Source: World Bank Development Prospects Group
IF THE LEFT WOULD STFU ABOUT AGW AND ALLOW MORE COAL AND OIL TO BE EXPLOITED - AND LESS SO-CALLED "GREEN FUELS", THEN PRICES WOULD COME DOWN.
I DOUBT THE LEFT WILL STFU BEFORE THE NEXT CRISIS TRIGGERS ANOTHER GLOBAL COLLAPSE AND EVEN GREATER POLITICAL INSTABILITY.
WHY I AM I PESSIMISTIC?
THE GOP WON'T TAKE OVER THE SENATE UNTIL 2012AND THERE'S LIKELY GONNA BE SOME SHINOLA HITTING THE FAN BEFORE THEN.