from Silver Vigilante:
There is no doubt that the United States, and the world, could now endure the worst U.S. drought since the Eisenhower era. Up to nearly a third of the counties in the United States have been declared disasters areas. Half of the country is affected by a drought to which there has yet to appear a potential end. CNN has said there’s no hope, although remains reluctant to throw in the towel on the current financial system. Grasslands are dry as rattlesnake skin shed under the desert sun, the risk for wildfires engulfing the nation higher. Mountain peaks brown throughout the year will not serve as slides for streams in the west, the crop losses sure to reap financial and political consequences. In fact, they’ve already begun. There have been disasters declared in 26 U.S. states, making it the largest U.S. national disaster ever declared. But, this U.S. national disaster will become a global disaster, affecting countries tied to the U.S. through the global food market.
90% of Staple U.S. Food Crop Damaged, Destroyed. Nearly 90 percent of the corn and soybeans on American farms have been damaged or destroyed by the drought, and tight reserve stocks are already sending commodity prices higher. Insurance and disaster aid will rush in, but the damage to family farms throughout the nation will be worse than losses suffered by big corporations.The U.S. family farm will continue its extinction.