Are you looking from the Top of the [V]th Grand Supercycle.

This may helps.

IMF head gives food price warning
The head of the IMF, Dominique Strauss-Kahn, warns of mass starvation if world food prices keep rising. ..................... There have been food riots recently in a number of countries, including Haiti, the Philippines and Egypt. ...............
http://news.bbc.co.uk/2/hi/business/7344892.stm 4/13/2008
Posted by mu200411 on 08-19-07 08:10 PM:
The Retracement
The Cycle Wave A]I)I will retrace most of the Cycle Wave V]V)V and may go down to the beginning of the Cycle Wave V]V)III.
During the retracement to the 1974 level, world population dwindles from 6.6 billions now (July, 2007) to 4 billions.
(
http://en.wikipedia.org/wiki/World_population)
The question "Why?" is easy to answer. Today Oil accounts for 40% of world energy consumption. That is to say 100% of today world energy is supporting 6.6 billions. 60% of today world energy will support only 6.6*.6 or ~4 billion people.
The question "How?" is too scary to contemplate.