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The president of the World Bank has warned that the world is "one shock away from a full-blown crisis".
Robert Zoellick cited rising food prices as the main threat to poor nations who risk "losing a generation".
He was speaking in Washington at the end of the spring meetings of the World Bank and International Monetary Fund.
Originally posted by Skerrako
reply to post by CanadianDream420
I have the awful feeling that the "one shock" is going to be a false flag attack
Secondedit on 17-4-2011 by Skerrako because: (no reason given)
Originally posted by CanadianDream420
Slowly I am seeing food prices rise here in Canada. Especially on produce, but I thought it was just a reflect of the bad weather world-wide this year... Until everything else went up to, [most likely due to gas prices].
Now with more wars breaking out in the M.E and statements like these... really makes you wonder what we are in for.
Originally posted by soficrow
reply to post by CanadianDream420
Good catch. That IS a big admission.
But. "One shock away from crisis," meaning what? A full out publicly admitted nuclear meltdown in Japan? Another major quake or oil disaster? Greece defaulting on their debt? Weird weather wiping out crops in the US breadbasket? The Canadian or Russian wheat fields? ...What's a "shock" in this environment? ...and has it already happened?
Originally posted by queenofsheba
reply to post by CanadianDream420
Hmm...good thing I'm not from a poor nation...plenty of food here where i live. Lots of walleye to catch up on Lake Winne this summer and venison to kill. Really, do you seriously think we up here, are gonna starve? And really, Canadian Dream, are you really that concerned 'bout the rest of the world and whether or not they have enough to eat? I think perhaps, not.edit on 17-4-2011 by queenofsheba because: spelling