Hyperinflation in food and energy and deflation in everything else

The food prices will quadruple in the next five to ten years. The energy prices will also quadruple in the next ten years. The rest of the world economies will suffer severe deflation and depression because of hyperinflation in oil, natural gas and food will drain the economies out. The corn prices have already doubled in the last three months because of its need in producing Ethanol – a gasoline substitute. The sugar and all grain prices are headed higher. The meat complexes like pork, chicken and eggs are also appreciating prices. Orange Juice, Cocoa, Coffee – you name it, they are going higher.

Russia is leading cartel formation that can quadruple natural gas price by end of 2009. That will put enormous pressure on Crude oil and all sources of Ethanol substitutes.
India Daily