This Chart Reveals the World’s Next Major Crisis



Comments (8)

  1. Clay Hett says:

    Hi Prices will correct themselves, as they always do. Cattle prices in Canada can turn on a dime, up and down we have seen it many times. Clay Eagle Lake Ranch

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  2. ELISSA JUNG says:

    LAST SEPT AND OCT. I ADVISED FAMILY AND FRIENDS TO DO THE FOLLOWING…
    BUY THE FOLLOWING,STOCK UP ON UNDERWEAR,ALL COTTON CLOTHING, COFFEE,CAN GOODS,PASTA,FROZEN BEEF AND VEGGIES. I HAVE RECEIVED NOTHING BUT THANK YOU!!!

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  3. Tom Healy says:

    The indicated food price rise over 20 years translates to a 3.26% annual inflation rate. While that is higher than desired, we’ve had worse in the past. I think that other world events (deflation, inflation, or hyperinflation) caused by the high debt levels across the world could swamp general food price changes.

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  4. George Mesmer says:

    How big a factor in our food price advance is the government program to encourage farmers to grow corn, etc. for ethanol production instead for food. Are there any statistics on farm production being burned by cars?

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    wesevans Reply:

    It is a stupid policy driven by public ignorance, political cupidity and media misinformation. The Farmers promoted the program in order to increase the demand for and the price of corn. Farm state politicians gladly went along to garner the support of the farm lobby. Big money here. The public having been duped into hating the oil companies because of $4.00 gal gas went along. So sad we are so dumb!

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  5. Jim says:

    I’m worried about the future. In my opinion, there is evidence that the powers that be in the United States are basing their plans for our future on a faulty conventional wisdom that believes in a security based on militarism. We need the military, yes, but not for influencing world events. I believe this plan of action is sure to backfire.

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  6. Matt says:

    Global version of the Biggest Loser, the globe put on a diet.

    Protectionism is out but there is no WTO law on bio-fuel instead of food. Hmm the US consumer has to choose feed China or cheaper fuel.

    Which will they choose?

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  7. wesevans says:

    All commodity prices correct over time for affordability to the consumer and the cost of production to the producer. At any time this equation will be out of balance but it will always tend back to the norm. This holds for food and raw material.

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