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Posted Wed Mar 26 2008: from Daily Reckoning (UK):
How Food Shortages Provoke Economic Nationalism
"Half the world's population depends on rice, but stocks are at their lowest level since the 1970s. Securing adequate food supplies is policy priority number one for many developing countries. This political dimension means that there is plenty of mileage in the current food price boom.... The link between food shortages and civil unrest is well known. In the year 2000 around 15m tonnes of America's maize crop was turned into ethanol, in 2007 that quantity was almost 85m tonnes, output that would normally be earmarked for food consumption. The rise in global maize prices caused 'tortilla riots' in Mexico in January last year. There have also been food riots in Morocco, Uzbekistan, Yemen and West Africa."
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The ApocaDocs say:
Food riots? What about supply and demand?
Oh yeah, that works only for rich people who can afford it.

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