UN Warns of 'Food Crisis' as Prices Continue Surge?
The FAO Food Price Index climbed 6 percent in July 2012 after three months of previous decline and indicates that the extreme drought ravaging US croplands and a similar failure in India and elsewhere is having a severe impact food costs.
"There is potential for a situation to develop like we had back in 2007/08," the FAO's senior economist and grain analyst Abdolreza Abbassian told Reuters.
“This is not some gentle monthly wake-up call," said Colin Roche, a spokesperson for Oxfam International. "It’s the same global alarm that’s been screaming at us since 2008. These new figures prove that the world’s food system cannot cope on crumbling foundations. The combination of rising prices and expected low reserves means the world is facing a double danger."
Roche warned that without action millions more would join the billion people who are already hungry in the world and said that the agricultural policies of the world's wealthiest nations were as much to blame for the impending crisis as anything.
Read More: http://www.commondreams.org/headline/2012/08/09-0
and others investing in commodities-
will worsen the whole scenario-
what a glorious opportunity...
for the designers of economies-
Now look across the Country....... Look at the states that are loosing their Corn and other crops and yes the price of Food will go up... But don't forget Gas Prices are going up too and the cost to ship products is passed on to you and me.
HOW CAN GAS COST OVER 4.00 A GALLON WHEN WE HAVE MORE OIL THAN SAUDI ARABIA? DID YOU KNOW THAT WE HAVE OVER 15 TRILLION BARROWS UNDER THE GROUND?
YES WE DO. AND WHY DOE OBAMA STOP OIL DRILLING?
THIS IS A FACT IF YOU DOUBT IT RESEARCH IT I DID AND MADE THIS CHART
THIS IS WHY FOOD PRICES ARE GOING UP! SOUTH AMERICA MAKES A KILLING WHEN WE DON'T PRODUCE OIL WHICH IS OWNED BY GEORGE SOROS.
Then the Profits are funneled into the White House to help Obama win Reelection
IN THE END, YOU PAY MORE AT THE PUMP FOR OBAMA'S PERSONAL AND POLITICAL GAIN WHILE HE SCREWS YOU AT THE PUMP
That is why Food Prices are going up LOOK AT RUSSIA AS AN EXAMPLE
NOBAMA 2012
It can only get worse...
government in action.
NOBAMA 2012
NOBAMA 2012
NOBAMA 2012
NOBAMA 2012