The United Nations has recently brought attention to this global crisis, or is it? While is it a fact that many countries are low of food, for example, grain, and prices are skyrocketing, the United States, Europe and Australia make up for the supply.
“People still remember what happened a few years ago, so it is a combination of psychology and the expectation that worse may come,” he added. “There are critical months ahead.”
-Abdolreza Abbassian, an economist at the United Nation’s Food and Agriculture OrganizationAlthough it is true that the food prices have been lowered to 30% when compared to the stats of 2008, it is surprising that many less fortunate countries are already resorting to food riots. Maybe Abbassian is correct, as a whole, all the countries have the ability to advert this crisis with minimal damage to the economy, locally and globally, but will the countries around the world be able to psychologically handle the crisis. It can be done, but I believe it is up to the lower tier countries to contain themselves a bit longer and that will be the key in pulling through this shortage.
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