Posted by: stephenhinton | September 4, 2012

2013 looks to be a year of food-induced crisis


Food security plays a special role in people’s lives. We work to get it, when we don’t have it riots break out. One bad harvest, like the one in Russia 2011 can spark an Arab spring. A developed economy like that of the US where household expenditure on food is a mere 10% will see its economy devastated by rising food prices, as demand for other things falls off.

David Frum is a contributing editor at Newsweek and The Daily Beast and a CNN contributor. In CNN’s opinion he breaks down the consequences to 2013 the effects of this year’s drought stricken harvests.

Read the article here.

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