A Tunisian protester holds a baguette while taking to riot police in January 2011. Martin Bureau/AFP
Zero Hedge: Where Will The Food Riots Start?
Global food prices have never risen so fast and have never been so high, and as have detailed multiple times in recent months (as this is not simply a one-month, 'blame it on Putin' crisis), most recently here, the pieces are in place for some serious tears to form in the social fabric of many nations.
While food prices may be generally seen as an emerging market problem, they will have an effect on developed markets too, something we will see in the upcoming French election.
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WNU Editor: This will not help .... Shocking Estimates Show Ukraine's Crop Harvest Could Be Halved (Zero Hedge).
1 comment:
And we will be lucky if it is "only that"
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