The main reason for rising prices, of course, is the surge in demand from China and India. Hundreds of millions of people are joining the middle class each year, and that means they want to eat more and better food.
A secondary reason has been the growing demand for ethanol as a fuel additive. That’s soaking up some of the corn supply.
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The WSJ, of all publications, is acknowledging (however indirectly) that there are simply too many of us on this planet. There were for a long time, but now, most of us want first-world lifestyles, something the Earth simply can’t provide. Consider:
All these factors lead to increased consumption with the same amount of land available to people for cities and crops. That land was already strained; now we have to deal with hundreds of millions more consumers every year, while the number of food riots increase. I agree with the writer – time to stockpile food, guns, and bottled water. Eventually, we’ll be living in a future Tyler Durden could appreciate – gun in hand, looking out every window of your house for looters & rapists, boiling the bacteria & pollutants out of your water, etc. At least the McDonald’s down the street will still be open.