Rations, Warns UN
Experts warn of food riots as foreign troops
cleared to patrol
Paul Joseph Watson
Prison Planet
Monday, February 25th, 2008
The UN is warning of a food shortage crisis and                drawing up
plans for food rations which will hit even middle-class
suburban populations as inflation and economic uncertainty
causes                the prices of staple food commodities to skyrocket.
The United Nation's World Food Programme cautions                today that
if it doesn't receive more funding, it will have to halt                food aid to
developing countries like Mexico and China.
“new area of hunger” in developing countries where even
middle-class, urban people are being “priced out of the food
market” because of rising food prices," reports the Financial Times.
The warning coincides with a speech by William Lapp, of US-based
consultancy Advanced Economic Solutions, who cautioned that
rising agricultural raw material prices would translate this year
into sharply higher food inflation.
It also parallels                a prediction by Don Coxe, a Chicago-based global
portfolio strategist                for BMO Financial Group who correctly forecast
the fall of the dollar                and the rise in price of gold and oil years in
advance, who last                week spoke of a "global food crisis" which will
cause                the world to enter into, "A period of food shortages and
swiftly                rising prices," leading to government embargoes.
With the U.S. on the verge of a recession and,                as many analysts
have warned, a potential second great depression,                those long
scoffed at for hoarding vast quantities of storable food                may
unfortunately be able to say "I told you so" if the                dollar continues
to deteriorate and people begin to be priced out                of the food market.
 


 
 
 
No comments:
Post a Comment