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Food prices are important
  • The French Revolution is a classic example; after decades of unsustainable fiscal and monetary practices that wrecked the French economy, the harvest season and subsequent winter of 1788 were particularly harsh. People went hungry, and it ultimately started the revolution.

    Researchers modeled the relationship between food prices and social unrest to reach a simple conclusion– whenever the UN Food and Agricultural Organization (FAO)’s global food price index climbs above 210, conditions ripen for social unrest.

    Today, the FAO’s food index is at 213… and rising. Netherlands-based Rabobank recently published its own analysis, forecasting further rises in food prices well into the 3rd quarter of 2013.

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    Via: http://www.sovereignman.com/expat/two-no-brainer-ways-to-play-rising-food-prices-8900/

    unrest.jpg
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  • I'm afraid that multi-year food crisis is coming... soon.