Marc Faber, Sovereign Debt Default Crisis Next to Hit Global Economies

OECD countries print their own money and are AAA - So they are not forced by IMF to devalue their currencies

So hyperinflation in these countries is offset by assumptions

But we are in Unchartered territory now!

For the first time in history, the fate of Untouchables is in the hands of non OECD countries.

My view-Security council will decide next war ! Marc faber Rules!

Marc is awesome. I love how he gives the doom (hyperinflation) and gloom (war... WW3?) scenario so matter-of-factly.

food and other commodities (i.e. energy, metals) will rise in price. food will more than likely be first to rise because of all the resources needed to get it to the consumer and the demand for it, people will always need to eat. it might not happen this year but with in a couple of years its a sure thing. its hard to predict the future especially with the numbers of factors in play.

So. Hyperinflation is on the door step. What is first to go up this year?

I've read reports on high food costs predictions.