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Posted by: nostalgia 1 year, 8 months ago

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nostalgia1 year, 8 months ago

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Our press tends to ignore what is happening overseas to a large extent
Have you heard about the rice shortage in the Philippines?
How about the drought in Australia and how it has impacted food supplies?
Or Zimbabwe where commercial agriculture which was the backbone of the economy lies in ruins. From being a food exporter, Zimbabwe now would starve without UN famine relief
The riots in Egypt where thousands of people have resorted to violence due to shortages of basic food commodities and rising food prices?
Our press did report on Haiti but the rest has been largely ignored

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    Jaydee401 year, 8 months ago
    
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    Another point hidden from Americans is that the standards of living have jumped in almost every country but the US which means more competition for world stores of food.
    
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      blowback1 year, 8 months ago
      
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      During the Industrial Revolution, standards
      of living increased by 50% over the course of
      a lifetime.
      In China today, the increase is 10,000%.
      But it's not food production's inability to
      keep up with increased demand that's the
      problem.
      It's food prices.
      Cargill, our largest agricultural company,
      during this crisis, has achieved an 86% profit
      increase.
      http://www.twincities.com/allheadlines/ci_8919283
      Regardless of such greed, contributing factors
      would include the price of oil and the devaluing
      dollar.
      It's not only households that are stockpiling.
      It's nations too.
      But there's something very suspect about one of
      the world's largest food producers reaping an
      increased profit of 86% during a global food
      crisis where some prices have gone up,
      coincidentally, by as much as approx. 86%.
      
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