Monday, April 14, 2008
If You Think You’ve Got Problems
Riots, Instability Spread as Food Prices Skyrocket
There are riots of food supply and prices from Bangladesh to Haiti, to Egypt, and an accompanying discussion among the "food ministers" what has caused low production and poor supply, especially to poorer nations. Some say that shifting farming to ethanol producing products to outrun increase in oil prices is to blame. Others say it's the climate changes and drastic weather conditions that have wiped out entire crops. Whatever it is, Famine is here to roost and looking uglier every day. What do you do if a kilo of rice costs half your daily income? Experts say this has set back the global fight against poverty at least seven years already. And prices in some regions have escalated 75% in two months. Terrifying.
Posted by indiablue19 @ 10:55 PM (517 views)
One thought on “If You Think You’ve Got Problems”
Add a comment
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
quiet guy says:
Yes indiablue19, this is a saddening story. The worst of it is I just cannot see a happy ending here. The rising price of oil and climate change will squeeze some poor parts of the world more and more. While the poorest parts of the world struggle to feed themslves, some parts of the Western world grapple with uhmm … obesity.