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May 23, 2013
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Soaring Food Prices Threaten Asia’s PoorPosted on Apr 26, 2011
Due to rising food prices, the Asian Development Bank is forecasting a surge in the number of people counted within the region’s severely impoverished class. As many as 64 million people—most of whom spend more than half of their income on food alone—could soon find themselves facing conditions of extreme poverty, which the ADB defines as “the degree of poverty below which the minimal requirements for survival are not being met.” —ARK
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By Hugh Alexander Culliton, April 27, 2011 at 9:31 am Link to this comment
(Unregistered commenter)
And so it begins: the Asian Tiger economies are running into the wall of resource depletion - especially peak oil. As always, the poor are going to get hurt first and the most, but I fear that these are scenes of coming attractions for those of us in the developed world.
Report thisBy purplewolf, April 27, 2011 at 9:12 am Link to this comment
Myronh: You can look at humans as a cash crop. The more people the more money the rich make. Many companies like Walmart and Belle Tire have life insurance policies on their employees and many other companies have life insurance policies on total strangers. This is not illegal in America, but it should be. When the insured person dies, the companies are not legally responsible for paying off any debts the deceased person might have, their family gets stuck with that and the unknown benefactors get 100% profit from the deceased, minus the original cost of insuring strangers.
Bet if everyday people like us tried to do the same thing the government would jump on us in a heartbeat claiming fraud or something, but as long as it is the biggest and richest in America, it’s okay to make money off peoples suffering anyway they can. So by forcing every pregnancy to term as the Repukelicans are doing, they are actually making more money from the growing misery of the peons in America and the rest of the world.
Besides they can jack up the prices of food even more as people desperate enough will give their last penny or youngest child for a few more grains of rice.
Report thisBy Myronh, April 27, 2011 at 8:23 am Link to this comment
The Republican religious-right just might be correct in prohibiting abortion and birth-control. Why waste all that money when we can get rid of both the baby and the creators by starvation. And of coarse there is a major by-product of starvation, which is a huge saving of food for the rich.
We just can’t get a better deal than that, and it may just become popular in the Land-of-Plenty formerly known as the USA.
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