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To: Uncle Ike

Another ‘dot’??

{this is a cross-post}

http://www.freerepublic.com/focus/f-news/2666594/posts

Authoritarian governments start stockpiling food to fight public anger
The Telegraph (UK) ^ | 2/1/11 | Ben Farmer

Posted on Tuesday, February 01, 2011 4:47:53 AM by Daisyjane69

Commodities traders have warned they are seeing the first signs of panic buying from states concerned about the political implications of rising prices for staple crops.

However, the tactic risks simply further pushing up prices, analysts have warned, pushing a spiral of food inflation.

Governments in Asia, the Middle East and North Africa have recently made large food purchases on the open market in the wake of unrest in Tunisia which deposed president Zine al-Abidine Ben Ali.

Resentment at food shortages and high prices, as well as repression and corruption, drove the popular uprising which swept away his government.

Youths reportedly chanted “bring us sugar!” in the demonstrations which toppled his regime.

(Excerpt) Read more at telegraph.co.uk ...


2,916 posted on 02/01/2011 5:08:55 AM PST by Uncle Ike (Rope is cheap, and there are lots of trees...)
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To: Uncle Ike

Oh man...

To think- government regulations started this all. The fellow who set himself afire in Tunisia after not being allowed to sell his wares on the street because he didn’t have the proper permits.

So much to digest and to understand...I find myself trying to mentally sift through it and then like waking up and realizing it wasn’t a bad dream- I think of Israel who is in the most precarious position I can remember.


2,918 posted on 02/01/2011 5:14:43 AM PST by SE Mom (Proud mom of an Iraq war combat vet)
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