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Thursday, January 17, 2013

REVOLTING FOOD PRICES

LONDON (MarketWatch) — What is the trigger for a revolution? Sometimes it a brutal act of repression. Sometimes it a lost war, or a natural catastrophe, that exposes the failings of a regime.

But more often than not, it is soaring food prices.

The easiest prediction to make for 2013 is that everything we eat will once again rise sharply in price. So where will the revolutions start this year? Keep an eye on Algeria and Greece — and if you want to feel very nervous, Russia and China. And if you are smart, keep your money out of those countries as well.

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2 comments:

Anonymous said...

Its already started. I went to food lion yesterday. Almost $10.00 for a bag of shredded cheese! Almost $100.00 for next to nothing. Major weight loss coming this year.

Anonymous said...

I've noticed it also 5:39. I generally loop bags though my arms and carry quite a few in the house at one time and last time I was able to carry almost $70 worth of groceries in the house in one trip.