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The good thing is that Peak Food is arriving just about NOW with China, Vietnam, India Argentina, Mexico e.t.c. placing export restrictions on various food items. The it also seems that the old favorite Peak Oil has already arrived in Saudi Arabia; the Saudi's keep increasing the reserves yet they cannot pump more oil (possibly because whatever they have left is more like tar than oil). This will put a crimp on the profits in shipping stuff across the planet.
The combine of the resulting mess of food riots and topping(!) of middle-eastern governments will be The End of "Globalisation" and we engineers can once again get real jobs on (re)-building our own crappy and dillapidated infrastructure instead of telling a bunch of "foreigners" how to do our jobs to make cheaper junk for our landfills.