Friday, June 25, 2010

Beware Of Rising Food Cost


Skyrocketing food prices are hitting pocketbooks worldwide. The world’s poorest countries which have the highest population bases are at risk the most as core food supplies become scarce. Worldwide grain supplies are dropping precipitously. Exporting nations are now themselves running out of grain.

As a result, hunger is spreading worldwide. Already, several African nations have had citizens killed in food riots. There is talk that the government in Bangladesh could be toppled over soaring food prices. Food-related tensions and unrest are breaking out in Central Asia, Southeast Asia, and South America. Armed soldiers now stand watch over rice distribution in more and more countries. Just a few miles to the South, food riots have broken out in Mexico and Haiti. Estimates are that 33 nations are at risk of conflict and social unrest because of food shortages.

That's a lot of suffering. And, Americans who know their history understand all to well, suffering tends to bring out the ugly side in human nature. Right now, Americans just change channels when they see others starving on television. But it seems America could be next. The dollar is quickly losing value and the U.S. is more dependent on foreign food production than ever. Already grocery bills are rising faster than incomes. Wheat, corn, soybeans, bread, apples, beef, chicken, eggs, and milk: prices for these items are shooting up by double-digit percentages. Coupled with energy prices pushing skyward, more and more Americans are feeling the pinch which now includes food shortages. Many experts think we could be approaching the greatest disaster in the country's history. Many Americans are starting to prepare.

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