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Originally posted by Laurauk
Well you just have to look at the amount of food, places such as supermarkets, chuck out daily, and there is people starving around the world, and the prices increase, it is a complete joke and it is disgusting to say the least.
Originally posted by starshift
Let them eat cake.
Seriously though, it's events like these that give people that little nudge that might just be enough to get some of them off the couch and perhaps think a little bit about that cliff we are quickly approaching down the road. For too long most of the consumer population has been conditioned for the disposal lifestyle. I think we will see starvation amongst the obese at some point if we don't learn self sustainability. Either that or we'll become the cattle they want.
The oceans are certainly under threat of over fishing and the demand only continues to increase. They could use a break and some time to replenish but we're not the kind of species to think beyond our next quick fix. Only when we become uncomfortable or stressed do we begin to think about the problems we create and yet some don't even get that far. "They" will take care of us.
Aside from the clear evidence that profits continue to trump life itself, I also wonder if there is an Elite who actually desire chaos, and are pushing their agendas, allowing things to get crazy, doing things that put us all on the brink, so that when the time is "right", the hammer falls, and they get to put things back together the way they want. And they will probably have a smirk on their faces as they gingerly step over the bodies.
Originally posted by alyoshablue
The truth is simple: There are ALWAYS droughts, floods and famines - which is why nations used to stock pile food reserves. But, following the legal precedent set by the US-Canada Free Trade Agreement, most nations handed over control of the world's food supply to the global mega-corporations, under new "Free Trade Agreements." Result? No more national food stockpiles.
Now, our food is a high profit commodity, and food supplies are manipulated for higher profits than ever.
I have to agree with this. You have many people jumping on the weather/global warming ticket, however, as you said, those conditions are consistently a factor and our food is tied to commodities.
Since the US dollar is the worlds reserve currency, all commodities are traded in US dollar (with oil slowly becoming the exception). Ever since QE1 and QE2 have been implemented by the Federal Reserve, not only has the value of the dollar decreased, but people are fearful that the dollar will crash, so they are jumping to invest in these commodities. So, when people started buying these commodities up, the prices increase and cause the increase and shortages of food around the world.
After the next catastrophic climate change is adapted to, even the smallest unit of human society would be able to live anywhere in the universe.
Rising food prices has impoverished an estimated 44 million people in developing countries since last June as food costs continue to rise to 2008 levels, according to new World Bank Group statement released ahead of the G20 Meeting of Finance Ministers and Central Bank Governors in Paris.
'Global food prices are rising to dangerous levels and threaten tens of millions of poor people around the world,' said World Bank Group President Robert B. Zoellick.
'The price hike is already pushing millions of people into poverty, and putting stress on the most vulnerable who spend more than half of their income on food.'
According to the latest edition of Food Price Watch, the World Bank's food price index rose by 15 percent between October 2010 and January 2011, 29 percent above its level a year earlier, and three percent below its 2008 peak.
food is a commodity on which to speculate,
the speculators have Trillions from the FED to finance their profit making opportunities....
So all forms of food/fiber/spices/ is now game
Remember that Bernanke's policy of "quantitative easing" aimed to stimulate the U.S. economy by printing trillions of dollars to encourage lending and spending. Easy money seems to have driven up equity prices (look at the stock market), but it might also have encouraged banks to plow their liquid cash into commodities -- like petroleum, copper, and wheat.
To understand why QE2 could drive up food prices, imagine that you are a banker who has sold some sticky assets to the Fed for fresh cash. Where do you put this money to get the highest return? You can invest in low-risk U.S. companies, but they're also low-reward. You could invest in high-reward emerging markets, but they're also high risk. Or, you can make a bet on commodities like metals and food where demand from emerging economies seems limitless.
As Mike Masters, fund manager at Masters Capital Management, explained, bank speculation acts like steroids injected into the supply/demand tug-of-war, causing prices to be more more volatile. "Let's say news comes about bad crops and rain somewhere. Normally the price would rise about $1 [a bushel]. [But] when you have a 70-80% speculative market it goes up $2-3 to account for the extra costs. It adds to the volatility. It will end badly as all Wall Street fads do. It's going to blow up."