Among other reasons, the moron in chief's clever call to use corn for ethanol to replace oil instead of eating said corn has lead to public unrest in Mexico as the price of staples like tortillas have doubled. Similar forces have lead to the doubling of the price of rice since last year in much of the world. As a result, food riots have broken out in Burkina Faso, Niger, Senegal, Bolivia, Indonesia, Egypt, Guinea, Haiti, Ivory Coast, Mauritania, Mexico, Morocco, Senegal, Cameroon, Uzbekistan and Yemen. The Philippines, Vietnam, Cambodia, India and Thailand have halted exports of rice, which leads to a self fulfilling prophecy of rising prices.
Think for a minute how many poor there are in the world. Now think how much of their income goes for food. 50%? What happens when they need to double expenditures on food? You can't spend over 100% of your income, unless you're a Westerner with credit cards (and that runs into trouble eventually).
I've said it before, but this is going to get ugly.
"A hungry mob is an angry mob." - Bob Marley
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