This article: http://www.cnn.com/2008/WORLD/americas/04/14/world.food.crisis/index.html is just the beginning.
I am no economist but it doesn't take a rocket scientist to figure out what happens when a number of converging factors come together at the same inopportune moment. Consider what happens when gas prices increase significantly, food prices increase significantly, nearly a quarter of the population will soon be over 60 years old, emerging countries are churning out more technically skilled people than ever before, emerging countries are fighting for the same valuable resources that the US has taken for granted for years, the US is embroiled in a war with no end in sight, jobs are being cut and/or outsourced at a record pace, many in the US are buried in credit debt, the housing market is in mid-meltdown, and people are slowly waking up to the possibility that life may never again be the same.
Even in the midst of crisis and significant change, people still try to hang on to "normal". What people need to do now is anything but that. Embrace change, react radically, and seek new opportunities that will put you far and away from the crowd.