Thursday, January 27, 2011
Soon to be coming to the streets of the USA?
Paul Joseph Watson
Our prediction three years ago, based on UN documents, which was made six months before the collapse of Lehman brothers, that the world would be hit by massive food riots and anti-government unrest in the aftermath of an economic collapse, is now unfolding at an astonishing pace.
The latest countries to be enveloped by the chaos are Tunisia, Egypt, and now Yemen, whose population are demanding the ouster of 30-year President Ali Abdullah Saleh in a protest against poverty and lack of political freedom.
The unrest in Yemen was inspired by a popular uprising in Tunisia earlier this month that led to the ejection of President Zine al-Abidine Ben Ali, figurehead of a government accused of abusing their power to enrich themselves while the poverty gripped the rest of the country. Ben Ali was forced to flee the country and the interim government has now issued an international arrest warrant for the President and his wife.
Riots in Tunisia were quickly followed by mass protests in Egypt demanding an end to President Mubarek’s regime. Four people have died as demonstrators engaged in violent clashes with police and set fire to government buildings.
Besides America there has barely been an area of the globe that hasn’t been hit by riots and unrest in the last six months, as the fallout from the economic collapse begins to be felt amongst the victims of the financial terrorists that launched an assault characterized by falling wages, high unemployment, spiraling inflation and food prices as well as crippling austerity cuts.
The cost of staples like wheat, corn and soybeans is going through the roof as countries increasingly rely on imports from the U.S. to offset the impact of global unrest.
“In emerging markets, it’s leading to rising inflation, to reduction in disposable income, it’s leading to riots, demonstrations and political instability,” New York University economist Nouriel Roubini said in an interview in Davos, Switzerland, today with Tom Keene on Bloomberg Television’s “The Pulse.” “It’s really something that can topple regimes, as we have seen in the Middle East.”