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Posted by: Grrr 1 year, 8 months ago

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Grrr1 year, 8 months ago

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If you read the article, he's talking investment strategies here, not so much about a run on food. He's actually suggesting that stockpiling food might provide a better return on investment than other options, since food prices this year are likely to spike more than the avg. return on investment.

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  hyperbola1 year, 8 months ago
  
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  See my response below, especially the one about Haiti. Turning the world's markets over to corrupt speculators has been apart of our imperialism efforts ever since Reagan. Concentrating wealth and power in corrupt financial circles has been and is proving to be disastrous.
  Confessions of an Economic Hit Man: How the U.S. Uses Globalization to Cheat Poor Countries Out of Trillions
  http://www.democracynow.org/2004/11/9/confessio...
  
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  PainGoddess1 year, 8 months ago
  
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  I have always had at least 3 month supply of food on hand. Remember the Red Cross asking people to do this in case of disaster or pandemic? Maybe I should have six month supply??
  It is a silly way to invest. The US still has the lowest prices anywhere and hoarding will not help. We have tried to help the rest of the world become food independent but it never seems to work.
  
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    hyperbola1 year, 8 months ago
    
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    You do know that the US is a net importer of food? And you do know that the US destroyed local agriculture in places like Haiti and Mexico with our agricultural subsidies?
    
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      crghss1 year, 8 months ago
      
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      Haiti? What agriculture did Haiti ever have? And if anything hurt Mexico it's NAFTA.
      
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        Neophile1 year, 8 months ago
        
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        66% of Haitians work in agriculture and agriculture makes up 28% of their GDP. Coffee, sugar, corn, bananas, rice, etc.
        
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        crghss1 year, 8 months ago
        
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        And this produced them what? Foreign aid makes up approximately 30%-40% of the national government's budget. Most of the farming is "small-scale subsistence farming" which means they eat what they grow. So, AGAIN, what GREAT agricultural export income was "destroyed" by US "subsidies"? And what subsidies for Mangoes and coffee does the US government give our farmers?
        Damn American Mangoes and coffee farmers. Destroying countries everywhere.
        I knew I should have invested in the Mangoes and coffee commodities.
        BTW, I can read Wikipedia to. Just shows how little you really know. Lazy and stupid is no way to go through life.
        
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        Neophile1 year, 8 months ago
        
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        My answering a question that you could easily look up yourself shows how little I know and how lazy I am? You seem to be projecting there, champ.
        
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        crghss1 year, 8 months ago
        
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        "projecting"
        Alrighty then. You read the first think that came up on your Google search, took the first nugget of info without comprehending the whole description given you by your search and slapped it out there. So you really don't know anything about Haiti and your to lazy to comprehend what you read. Hence my comment.
        
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    quackpot1 year, 8 months ago
    
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    I usually have a three month supply as well. Unfortunately the previous two months worth are usually kind of moldy. But....soup anybody?
    
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