Rising Prices...Suffering Masses
By sukumar794
@sukumar794 (5040)
Thiruvananthapuram, India
April 29, 2008 5:52am CST
Isn't the spiraling up of essential commodities add insult to injury of the middle classes. the silent Tsunami is here.The entire world is going to be in the grip of a calamitous situation of food scarcity. The reasons for this pitiable plight is definitely to be attributed to the impact of the much hailed globalisation.
4 people like this
8 responses
@oriental (1050)
• Uruguay
29 Apr 08
According to what I've read there are two main causes for the raise in food's prices:
1) The increase of biofuel production, who takes land previously dedicated to the production of food.
2) Wealthier people in China and India, who demand more food and other commodities than they did before.
So not everything is so bad for people in your country. :)
1 person likes this
@sukumar794 (5040)
• Thiruvananthapuram, India
7 May 08
But the poor lot are much more in number than the elite class.
@Thoroughrob (11742)
• United States
29 Apr 08
I do think we are going to be into trouble, before something is done. We are already hearing about the fighting over food in other countries. It is really scary.
1 person likes this
@flowerchilde (12529)
• United States
29 Apr 08
Why does humanity always make the wrong choices?! Whenever the elusive 'they' come up with great solutions, I cringe!
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@Destiny007 (5805)
• United States
29 Apr 08
There are several reasons for the food shortage and price increases.
Population is a factor as well as more people being able to afford better food, which puts a strain on the supply of certain commodities.
Then there is the world economy which is in pretty bad shape right now... it's as if the whole world was in a recession.
A major problem is the Global Warming hysteria and the demand that many countries including the US is putting on the production of biofuels such as ethanol.
Instead of growing corn and wheat for food, there is a lot of corn being grown for fuel production which is taking away from the food supply in the mistaken idea that ethanol prevents CO2 production and a smaller carbon footprint.
The production of ethanol and biofuels actually causes more pollution than it prevents... so it is completely pointless to produce any biofuels.
Meanwhile, less food is produced and we have situations like we are now seeing.
Some places have little food, while others has expensive food.
Also there are the commodities brokers who determine the prices by the trades they make.
As I said, there are many factors that are causing the rising prices.
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@violeta_va (4831)
• Australia
29 Apr 08
the prices are going up and there is no stoping them anytime soon. Blame it on shortage of water, inflation, oil or whatever it is scary. And it hits us where we can do almost nothing about it. We have to eat, we need clothes (ok maybe not so many), we need cars and industry.
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@mikeysmom (2088)
• United States
29 Apr 08
things are really tough all over. we are struggling terribly and i am very worried so i am typing my fingers off trying to make extra money but i already have several jobs so i cannot stay here all day. every little bit helps and i do mean little bit.
1 person likes this