Concerned about whether you have enough food in your fridge? How about for the worst case scenario?
Japanese investment bank Nomura produced a research report detailing the countries that would be crushed in a food crisis.
Their description of a food crisis is a prolonged price spike. They calculate the states that have the most to lose by a formula including:
* Nominal GDP per capita in USD at market exchange rates.
* The share of food in total household consumption.
* Net food exports as a percentage of GDP.
We've got the top 25 countries in danger here and the list, including a major financial center, may surprise you.
Read more: http://www.businessinsider.com/nomura-food-crisis-2010-9#ixzz100agHEqm
2008 Was The Most Serious Financial Crisis since the 1929 Wall Street Crash. When viewed in a global context, taking into account the instability generated by speculative trade, the implications of this crisis are far-reaching. The financial meltdown will inevitably backlash on consumer markets, the global housing market, and more broadly on the process of investment in the production of goods and services.
Subscribe to:
Post Comments (Atom)
NY Times: Business Owners Hiring Mercenaries as Police Budgets Cut
In Oakland, Private Force May Be Hired for Security In a basement office that serves as a police headquarters and community center, Oakland ...
-
Downturn Severe Despite Some Stabilizing SLIDESHOW Previous Next Eddie McNeely, 40, looks over paperwork in a prepara...
-
By Chris Nuttall in San Francisco Published: January 21 2009 23:24 | Last updated: January 22 2009 01:26 A consumer love affair with Apple ...
-
It was 2017. Clans were governing America. The first clans organized around local police forces. The conservatives’ war on crime during the ...
No comments:
Post a Comment