The majority of the people walking on this planet has been indoctrinated to see reality one channel at the time, without the chance to cross examine the fast peaced informations that enter our homes every day. How many people can match the word "Oil" with "Food"? Not many, unless you are either in the media business or in the financial one.
The Economist has an interesting article about how the cost of food has multiplied in the last years, driving oil consumption and prices on the peak. The common relation that had prices soaring lies in the habits that people around this planet have, the increasing consumption of food is driving costs upward, towards an incredible situation of speculations.
Ethanol produced from farms is facing a demand crisis, wheat prices spiking, and a mad cycle where oil is needed to power the distribution of food, and food necessary to oil production. In all this confusion third and second world country farmers and consumers, just like you, are in the middle of this trading storm, which is turning food at higher price levels.
Since when the right of nourishment is being put on a financial scale? The plunge for a food crisis in weak countries in south America, Africa and Asia, is taking place under strict international rules that give little or no freedom to decide who or where to sell the food produced by farmers.
But then we have countries, members of the European Union, that overproduce milk and are not allowed to export it or to sell it to other countries. Another absurdity where politics are dictated by corporate powers, and the results are disastrous.
No comments:
Post a Comment