Quote: "It is unacceptable that there is speculation that aggravates the problem of volatility, which is already dangerous for some countries in the world. Therefore there should be a better regulation of the basic commodities markets."
There is no dearth of reports and analysis in the Internet that rising food prices and wild speculation, fueled by greedy bankers and Fund managers, will create a catastrophic World, but is anyone going to do the correct thing, ie, remove food away from being speculated on. I don't think so, and so I now will predict the next thing that Governments will do that will 'tip the world into disarray'; Governments in order to try and save themselves from a situation that is now happening all over the Middle East, will try and "corner" food supplies so that they will not be overthrown by hungry citizens. Grain exporting countries will be exporting less and less, exacerbating the already emotive problem. Will countries then use violence to secure their food supplies? It's not far fetched, as we have seen how far America will go to secure its oil supply. Only this time, everyone will be fighting for survival, thus ensuring the end of the world will come within the next 50 years..God Save Us,,, and people are worried if their stiletto heels are high enough for Valentine's Day....
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