Wednesday, April 23, 2008

Poeple are scared about rising food prices

Spectre of food rationing hits US

The spectre of food rationing arose in America today as retailers began imposing limits on rice and flour sales following bulk purchases by customers alarmed by rocketing global prices for staple foods. Wal-Mart's cash-and-carry division, Sam's Club, announced that it would only sell a maximum of four bags of rice per person to prevent supplies from running short. The owner of one restaurant in Oakland told a local television station that the price of a typical sack of rice had risen from $20 to $40 in a matter of weeks. Expect to see the army at Tesco's soon!

Posted by who stole my pension? @ 09:48 PM (828 views)
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7 thoughts on “Poeple are scared about rising food prices

  • I have been saying this a couple of months back, but people most probably thought I was nuts. Nevermind…

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  • waiting for the crash says:

    I’ll taken another plot at the allotment!

    But seriously – rationing food in the US – thats news.

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  • What are the chances of a “run on the shops”, just like last year’s run on a bank? Quite a worrying thought really. Rationing would be the only way to solve it.

    Add to that the worries about petrol supplies with the Grangemouth refinery strike, apparently there have been queues at the pumps already. Hopefully the government is better-prepared after the 2000 fiasco.

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  • Shoplifting is up, and when people panic, people will buy anything. At Christmas time the shelves are cleared, people have even been known to fight over things. Just put away rice, tins, chocolate bars, etc, for a rainy day. buy tobacco as currency. The UK could quite easily become one large “open Prison”. I forgot it already is.

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  • who stole my pension? says:

    This story made Radio 4 news this morning! Coor things must be bad even Tass (sorry Beeb) could no longer ignore it!

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  • European-bear says:

    A bit less food might increase the health of the average American as they are all overweight

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  • European-bear — All? You speak from firsthand authority? Have you had a look at the pavements of Britain lately given the steady diet of beer, pizza, fish and chips?

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