There has been lots of news in past few weeks stating all kinds of shortages, which in turns meant that prices for these items would increase to meet the demand... Even without learning economics, one would know that with limited/low supply, people would have to fork out more money to pay for those items..
Some of the recent news that foretell an imminent food shortage and rising food cost..
In Japan
They can't believe there's no butter
Food shortage may lead to Japanese diet change
Food crisis looms for Japan as prices rise
Japan’s Hunger Becomes a Dire Warning for Other Nations
In Malaysia
Food crisis forces Malaysia into barter: palm oil for rice
Cut costs, plant your own vegetables
Price of rice seems to go up every day
M'sia fails to buy 500,000 tonnes Thai rice
Globally
No country in the world can escape from the shortage as every economy is tightly integrated.. Some headlines..
Global food crisis looms as Asia's rice bowl empties and world price soars
Asian states feel rice pinch
Wales warning of food shortage
Food Rationing Confronts Breadbasket of the World
And instead of putting in efforts to resolve the looming food shortage crisis, fingers are being pointed at the following people/reasons...
Hannity And FOX News Blame Al Gore For Global Food Crisis
Biofuels blamed for food shortage
Bush points food finger at India
Maybe it is time for countries, with vast land mast, to forget about chasing after all those high-tech jobs and go back to farming.. Even I am considering a possible career change.. Mmmmm...
No comments:
Post a Comment