food crisis ii
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According to the World Bank, 44
million people around the globehave been pushed into extreme
poverty, (INCOME OF LESS THAN
ONE DOLLAR PER DAY) since last
June because of rising foodprices.
The world is losing topsoil at an
astounding rate. In fact one thirdof the worlds cropland is losing
topsoil faster than new soil is
forming through natural processes.
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Due to U.S. ethanol subsidies,almost a third of all corn grown
in the United States is nowused for fuel. This is putting alot of stress on the price ofcorn.
Due to a lack of water, somecountries in the Middle Eastfind themselves forced to almosttotally rely on other nations forbasic food staples. For example,
it is being projected that therewill be no more wheatproduction in Saudi Arabia bythe year 2012.
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Water tables all over the globe arebeing depleted at an alarming rate dueto overpumping. According to theWorld Bank, there are 130 million peoplein China and 175 million people in Indiathat are being fed with grain withwater that is being pumped out of
aquifers faster than it can be replaced.
In the United States, the systematicdepletion of the Ogallala Aquifer could
eventually turn Americas Breadbasketback into the Dust Bowl.
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Diseases such as UG99 wheatrust are wiping out increasinglylarge segments of the world
food supply. The tsunami and subsequent
nuclear crisis in Japan haverendered vast agricultural areasin that nation unusable. In fact,
there are many that believe thateventually a significant portionof northern Japan will beconsidered to beuninhabitable. Not only that,
many are now convinced thatthe Japanese economy, the thirdlargest economy in the world, islikely to totally collapse as aresult of all this.
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The price of oil may be the biggest factor on this list. The way that weproduce our food is very heavily dependent on oil. The way that wetransport our food is very heavily dependent on oil. When you have
skyrocketing oil prices, our entire food production system becomes much moreexpensive. If the price of oil continues to stay high, we are going to seemuch higher food prices and some forms of food production will no longermake economic sense at all.
At some point the world could experience a very serious fertilizershortage. According to scientists with the Global Phosphorus ResearchInitiative, the world is not going to have enough phosphorous to meetagricultural demand in just 30 to 40 years.
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Food inflation is already devastating many economies around
the globe. For example, India is dealing with an annual food
inflation rate of 18 percent. According to the United Nations, the global price of food
reached a new all-time high in February.
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According to the World Bank, the global
price of food has risen 36% over the past
12 months. The commodity price of wheat, soybeans,
oranges and corn has approximately
doubled since last summer.
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There are about 3 billion people around the globe that live on the equivalent
of 2 dollars a day or less and the world was already on the verge of
economic disaster before this year even began.
2011 has already been one of the craziest years since World War2. Revolutions have swept across the Middle East, the United States has got
involved in the civil war in Libya, Europe is on the verge of a financial
meltdown and the U.S. dollar is dying. None of this is good news for global
food production.
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There have been persistent
rumors of shortages at some
of the biggest suppliers ofemergency food in the United
States. The following is an
excerpt from a recent special
alert posted on Raiders NewsNetwork.
So what does all of this
mean?
It means that time is less.
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Ethanol= Ethanol is a bio fuel made from corn and other crops.
Aquifer= An aquifer is a wet underground layer of water-
bearing permeable rock or unconsolidated materials.
Persistent= Existing for a long or longer than usual time or
continuously as a retained beyond the usual period.
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