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Originally posted by azurite
Global systemic crisis – New tipping-point in March 2009: 'When the world becomes aware that this crisis is worse than the 1930s crisis'
[edit on 26-2-2009 by azurite]
Auzurite what I think will happen is closes to this.
No specific incident, but something will happen to draw back the illusion that the market is really OK and it will bounce back quickly.
It will be more mass panic than anything, which will in turn pick up the speed of the spiral.
Legislation could mean prosecution, fines up to $1 million
Small farms and organic growers could be placed under the federal government under H.R.875, the Food Safety Modernization Act. Government inspectors would visit and examine food producers, including small farms, to ensure compliance. They would review records and conduct surveillance of animals, plants, products, the environment. According to the act, "A person that...violates the food safety law may be assessed a penalty of $1,000,000."