Wednesday, February 23, 2011

World Hunger, Riots

Doug Casey: Economic hardship. It seems to me that the driving factor behind these protests spreading in the Arab world – and what pushed them from inevitable to imminent – was rising commodity prices, especially food prices. Food prices are also rising rapidly in the U.S. Many fruits and vegetables have doubled, and bread is up 50% over the last year. Cotton has tripled over the last two years. That's going to make clothing more expensive. The difference is that most Americans don't live hand to mouth, not the way most Arabs do. But nonetheless they don't like to see their standard of living drop, and they'll strike out as well. As we just discussed in January, it would be most prudent to prepare for chaotic times ahead.
Today's riots are economic, and that's much more serious. Political riots are generally for sport. Economic riots are the real thing.
Zoning on farmland in Grady County is insane, in light of the above. In these unprecedented times, More government regulations are the last thing we need in Grady County Georgia.

Contact my email - georgebi@windstream.net - See my blog - http:www.gradycountyenquirer.blogspot.com/

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