Will a global shortage in Helium develop, and if so what will its impact be on society?

Man Carrying a Child and Helium Filled Balloons on Mother's Day 2012
A Man Carrying a Child and Helium Filled Balloons on Mother’s Day 2012

The use of helium to fill inexpensive balloons, such as those shown above honoring Mother’s Day, could cease as the result of the elimination of cheap sources for this gas.

An interesting article on the availability of Helium can be found at:

A different kind of gas shortage