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Global Food Prices: Instability In Your Country
Do you feel that your country is in jeopardy of serious instability because of current Global Food Prices?
The only thing I fear is our government getting involved. If the American people are left alone we can take care of most any situation ourselves. But let the US government get involved and you always have a mess. I would not want to live in a big city if "FOOD SHORTAGE" makes the headlines. Many people in big cities think food comes from the grocery store and if shelves go empty from panic buying the mayhem will become very nasty. An empty stomach is a forceful motivator.
International Level: Politician / Political Participation: 102 10.2%
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A visit to the supermarket is becoming almost as painful as a trip to the gas pump. Anyone who does the family grocery shopping knows that food prices are soaring at a rate that hasn't been seen in decades. For the first three months of 2008, grocery store food prices rose at a 5.9 percent seasonally adjusted rate, after a 4.9 percent increase in all of 2007, according to the Bureau of Labor Statistics.
Ref. https://www.signonsandiego.com/uniontrib/20...14generic1.html
Global Food Prices Hysteria, Hunger and Riots Forecast:
Extreme weather conditions have affected many parts of the globe this year, not just Russia alone. Torrential rains in Brazil and Colombia affected the harvest of cocoa beans. In India, crop acres of rice have declined as a result of massive floods. The reduction of the wheat production is expected in Canada, where floods also caused severe damage to the national agriculture Ref. Source 6
Look out: high food prices on the way The National Inflation Association has come out with some alarming predictions on food prices in the near future. Think times are tough now? Wait until prices on various food items double and triple. Glenn runs down a list of predictions that will melt your eyes - but is there time to stop inflation? Ref. Source 6