Saturday, Jun 23, 2007
Inflation stalking the housing market
Independent: The fight for the world's food
If there is one thing that comes before paying the mortgage its putting food on the table, if as was reported last week the average family only has a weekly disposable income of £35 if won't take much unavoidable 'food inflation' to kill the housing market.
Posted by enuii @ 06:51 PM (148 views) Add Comment
4 Comments
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1. japanese uncle said...
Yes, unless people are prepared to live on beans on toast day in and day out, which may not be welcome considering its environmental aspect i.e. certain type of atmospheric contamination it inevitably involves. This may well have some impact on the global warming as well.
2. Ash4781 said...
Baked beans every night.
Students well prepared then!
3. sold 2 rent 1 said...
"The stage is now set for direct competition for grain between the 800 million people who own automobiles, and the world's 2 billion poorest people."
The conflicts in the world are building and we haven't even gone into a downturn yet.
We are in for one hell of a k-winter.
I'm no David Icke - but is it time to start stashing canned food?
4. Bearorbull said...
Yeh, didn't Chavez make a comment about a month ago that George Bush had announced the greater use of ethanol for energy in an attempt to raise corn prices & to wage war against the poor?