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Re: Food Crisis
The price of everything will rise, staple and luxury alike, because the price of food is not only a formula of demand, but also dependent on the price of oil. SO, everything will go up. This means 1st world countries will pay more for forr across the board. And that 3rd world countries will face famines, especially in Africa and South East Asia.
This crisis, deepened my bio fuel boom, will eventually give way to onomies will go to the rescue of poor countries and their biggest contribution will come in the form of technology revealing and training. Thus, while short term we are heading towards a major world crisis, 10 years down the road it should be back to normal, 30 years down the road the world will produce more food percapita than ever before in history.
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