The Phaserl


Watch: They Will Clear The Shelves Within Hours: “Like a Tornado”

by Mac Slavo, SHTFPlan:

This weekend the nation’s Electronic Benefits Transfer crashed, leaving millions of Americans around the country wondering where they would get their next meal.

One woman, interviewed just minutes after she learned the system was no longer functioning, complained that she was unable to put food on the table. “How am I going to feed my family,” she asked, noting that she has six kids to feed.

There is a long-held theory that we are just nine meals from anarchy and that within 72 hours of any significant crisis which takes down our ability to conduct commerce we’d see a total destabilization of our society and way of life.

The events of this weekend have proven this theory wrong.

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2 comments to Watch: They Will Clear The Shelves Within Hours: “Like a Tornado”

  • Frank Zak

    LONDON, Oct 11 (Reuters) – “The United States will become the world’s largest oil producer next year – overtaking Russia – thanks to its shale oil boom which has transformed the global energy landscape, the West’s energy watchdog said on Friday. The prediction comes only days after estimates by the U.S. government showed the United States, the world’s largest oil consumer, has ceded its ranking as top global oil importer to China, thanks to the shale revolution cutting import needs. “The United States’ place in the driver’s seat of growth is also a throwback to decades past,” the International Energy Agency said in its monthly report. The U.S. resurgence as an oil producer is already reshuffling the cards in the game of world energy diplomacy, playing it a new hand in relations with long-term ally and top OPEC producer Saudi Arabia. Major producers such as Russia are now forced to invest billions of dollars into new pipelines towards Asia as they can no longer rely on demand from the West, and have to deal with increasingly assertive Beijing. “With output of more than 10 million barrels per day for the last two quarters, its highest in decades, the nation is set to become the largest non-OPEC liquids producer by the second quarter of 2014, overtaking Russia. And that’s not even counting biofuels and refinery gains,” the IEA said. The agency, the Paris-based energy arm of the Organization for Economic Co-operation and Development (OECD) estimated that U.S. liquids production will average 11 million bpd in 2014 versus 10.86 million in Russia. The spike in U.S. production will allow total non-OPEC supply to grow by an average of 1.7 million barrels per day in 2014, peaking at 1.9 million in the second quarter, the highest annual growth since the 1970s, the IEA said. That robust growth will compensate for disruptions to Organization of the Petroleum Exporting Countries’ production and provides a cushion for oil prices, which otherwise could have spiked much higher than the current $110 a barrel. OPEC crude supplies slipped to below 30 million bpd for the first time in almost two years, led by steep drops in Libyan and Iraqi exports due to unrest and terminal repairs, and despite Saudi Arabian output topping 10 million bpd for a third month running. The IEA said that growth in non-OPEC production was so strong that it further reduced its estimates for demand for OPEC crude next year by an average of 100,000 bpd to 29 million bpd – effectively 1 million bpd below current pumping levels.”

  • Ed_B

    “One woman, interviewed just minutes after she learned the system was no longer functioning, complained that she was unable to put food on the table.”

    Ah, but that’s just it. She isn’t putting food on the table now. Other people are doing that for her. Those who actually earned this food are not eating it but those who have not earned it are eating it. Thus we guarantee the existence of a continuous group of takers at the expense of the makers. One day, however, the makers will have had enough of this and they will quit making. They will John Galt this “system” and it will collapse. Quite a few of us have already done this and many more will follow.

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