funny thing is... they could drop the price to $35 a barrel TOMORROW, but it'll take till next year to swap crops. not everybody would anyway, so this is gonna last awhile.
Posted on 04/13/2008 3:43:57 PM PDT by bjs1779
Dubai: The food price and supply situation is turning worse, and in some places is uglier than expected and could lead to domestic turmoil, including the "risk of war", a top official said.
The food price situation has already claimed its first victim - the Haitian Prime Minister Jacques Edouard Alexis - who was forced to quit, and food ration lines in Bangladesh are becoming longer everyday with sporadic incidents, reflecting a near explosive situation due to hunger.
"Food prices, if they go on like they are doing today... the consequences will be terrible," International Monetary Fund (IMF) managing director Dominque Strauss-Kahn at a press conference ahead of the IMF-World Bank Spring Meetings in Washington.
Possible impact
Gulf News has been highlighting the global food price crisis and its possible impact on the Gulf countries. "Hundreds of thousands of people will be starving... [eading] to disruption of the economic environment," Strauss-Kahn told a news conference.
Development gains made in the past five or 10 years could be "totally destroyed," he said, warning that social unrest could even lead to war.
"As we know, learning from the past, those kind of questions sometimes end in war," he said. If the world wanted to avoid "these terrible consequences," then rising prices had to be tackled.
Skyrocketing prices on rice, wheat, corn and other staple foods like milk particularly hurt developing nations, where the bulk of income is spent on the bare necessities for survival.
Rising food prices have also encouraged the UAE government to intervene, when the Ministry of Economy allowed the retail chains to directly import food items by cutting the middlemen to keep prices of essentials at a decent level.
As a result, Union Cooperative Society and Emke Group have already signed a deal with the UAE Ministry of Economy to supply essential food items at 2007 base prices to help the consumers.
“The citizens are not, the imported slave labor is another story “
Very true! In some of the countries the citizens are 50% or less of the population the rest are imported labor.
Good point.
Then we can start talking about “peak grain” and a storm here and there and raise the price even more.
Then we can cut production and raise the price more and see how they like it.
I don’t believe they will be able to bring water into the desert to grow their own crops. IF they do we can lower the rice of grains to make it too expensive to grow their own.
Maybe we can vaccum all our money back and then some from those leaches.
Tell it to the ragheads. I don’t see these same people griping when oil hit $100 a barrel.
Sorry, but you are changing the subject for your own purposes.
Creeque Alley.
“Daddy, what did you do during the great Corn Cob Wars?”
funny thing is... they could drop the price to $35 a barrel TOMORROW, but it'll take till next year to swap crops. not everybody would anyway, so this is gonna last awhile.
Hear, hear!
I thought there was supposed to be some world order or UN hegemony to keep these things from happening.
Guess the conspiracy guys were right, the PTB really do seek to reduce world population in a draconian way, very soon.
I send cash to catastrophe victims (tsunami, Katrina, etc) but hmm, don’t seem to have any US grains in inventory to send them.
From some of the yahoo user's comments, it was obvious they were an active Freeper:
freerepublic2 : Message: Re: Predicted Famine
The puppet masters are reportedly in the process of deliberately crashing the world economy and especially the dollar toward bringing in first the AMERO and then the chip implant ID/world money system.I just could not even believe that when I read it. It takes kookery to a whole new galaxy.Certainly the "natural disasters" will only add to the glogalists' [sic] efforts to reduce the world population to 200 million max.
Some folks have had dreams/visions of Americans eating aborted babies . . . and then. . . waiting for dying relatives to die so they could have something to eat . . . then . . . helping them die sooner.
I pray not. But I fully expect it.
Wow. That is from a mentally disturbed mind and beats anything I’ve ever read or heard coming from the liberal kook fringe.
No wonder they call us wing nuts.
I have an idea who it is, too. Check your FRmail.
An internal revolution doesn’t count as a full war. Partial credit.
Trust me. Al's a BIG cog!
Or maybe a large, freshly greased bushing...
You gave what at the office? An increasingly worthless paper dollar? You should be ashamed of yourself.
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