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« Wall Street Aristocracy Got $1.2 Trillion In Secret Loans From Bernanke's Federal Reserve Slush Fund (VIDEO) | Main | CHART: CBO's Laughably Optimistic Jobs Prediction »
Friday
Aug262011

MAP - Food Inflation Riots Around The World

The map is interactive.  Just click HERE.

The first map is a disturbing illustration of food and inflation riots around the globe in 2011 (updated through Feb. 19) I came across on Google. The second map is actually an infographic from The Economist explaining the politics behind the military action against Libya.

Most of the inflation riots and protests are concentrated in the MENA (Middle East and North Africa) region, but as you can see on the Google map, they are starting to migrate into Europe, as well as China and India.

In the U.S., anemic growth, an ongoing housing depression, high unemployment and two rounds of quantitative easing (QE) probably have laid a pretty solid foundation for a similar riot map if Chairman Bernanke decides to grace us with QE3. I guess we shall find out when he delivers his speech at Jackson Hole on Friday morning, Aug. 16.

Adding to the food inflation riot is the international military action against Libya.  It looks like Muammar Qaddafi's 42-year rule of Libya has finally come to an end.  As the rebel put up a $1.7 million bounty on Gaddafi, the mystery of the day is the whereabouts of Gadaffi who's last known to be still in Tripoli. 

Regardless, it might take some time to restore Libya to the pre-NATO state, which undoubtedly would give oil speculators plenty of excuse to drive up oil prices touting the Sweet Libyan Crude shortage myth.

Google Map Legend

Fist = Overthrown Governments
Flames = Actual food / inflation riots
Police = Protests / other riots
nbsp;= Price increase announcements / Price Controls / Stock market issues
! = Strike in inflation / food related industries
Phone = Internet/ Twitter /shutdown

 

 

Source - Econ Matters

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Reader Comments (6)

Mar 4, 2012 at 11:43 AM | Registered CommenterJohn
As fuel goes, so does the price of food. Meanwhile America is destroying good food every chance it gets and supporting serial poisoners like Jack DeCoster.

http://www.adistinctiveworld.net/?p=6091

http://hartkeisonline.com/food-politics/family-farm-ordered-to-destroy-50000-pounds-of-cheese/

Or destroy good food to keep the prices high;

http://meloukhia.net/2011/08/unsaleable_crops_subsidies_and_food_deserts.html

Meanwhile big agribusiness through campaign contributions fund the assault on the little guy to bring about greater monopoly and fewer choices for a healthy lifestyle.

And Men like Jack poison on unimpeded...

http://grist.org/food/food-a-habitual-offender-unleashes-nearly-half-a-billion-salmonella-t/
Mar 5, 2012 at 10:32 AM | Unregistered CommenterS. Gompers
Here you go Gomp:


Guys, here is a workaround. To see this comment on the daily bail, you would normally cut and paste this link as part of your comment...

http://dailybail.com/home/gao-report-says-new-york-fed-didnt-cut-deals-on-aig-raises-q.html#comment17185236

How about cut and paste the link MINUS the http: like this...

//dailybail.com/home/gao-report-says-new-york-fed-didnt-cut-deals-on-aig-raises-q.html#comment17185236

just note that you have to add http: or https: at the beginning of the link(s) and paste that in your browser to see the article or whatever linked.

I know it is a pain in the ass but it might be the only way left to communicate. When I see that, I will fix it so that it will become a clickable link. Readers who see this post or the "add http: to the beginning of link" message will know what to do until I make the correction (which will make it a clickable link).

This is no skin off of my ass to be a pain in theirs. Thanks.
Mar 6, 2012 at 7:21 PM | Registered CommenterJohn
Here is what Gomp wanted to post but couldn't due to technical difficulties... (it is stunning).


Every time oil rise’s so to shall the cost of food. From planting, harvesting, shipping, putting it in the “pretty” packaging, to getting the finished product onto the shelves of the local store, the food industry is very heavily fuel dependent. Food riots in many countries are occurring due to the fact that much of the arable soil is under foreign ownership creating food products to be shipped back to the owners Country.

In America we are complicating the matter even further by the war being waged on sustainable local produce being raised or grown in the most natural of ways.

http://www.adistinctiveworld.net/?p=6091

http://hartkeisonline.com/food-politics/family-farm-ordered-to-destroy-50000-pounds-of-cheese/

In addition to the war on non chemical raised or non GMO crops there is another issue that needs to be addressed when crops become “unsaleable” because the price the farmer can get at market is too low to justify harvesting and transporting them; the crop will not pay for itself, and thus is plowed under rather than being sent to market, where the farmer would take a loss in order to keep prices high. A loss paid for by crop insurance.

http://meloukhia.net/2011/08/unsaleable_crops_subsidies_and_food_deserts.html#fnref-13728-1

Meanwhile as hunger is becoming a growing issue globally and even Americans are feeling the sting of the belt tightening this war against food continues unimpeded by our government as they are prodded forth to battle by those who spread the campaign contributions to bring about food monopoly and the protections of their questionable ways of bringing food to your table.

http://grist.org/food/food-habitual-violator-jack-decoster-may-secretly-be-largest-us-hen-magnate/

After all, these big factory farms view paying fines for their companies’ misdeeds the way most of us see keeping up with insurance premiums or taxes: as a necessary evil, one of life’s inconveniences.

Meanwhile the war against wholesome and natural locally sustainable food rages on as the numbers of hungry people continues to grow…
Mar 7, 2012 at 7:12 AM | Registered CommenterJohn
Thanks John, the "mystery shopper" must have picked one of those links as spam. Here is something else that may interest you if you have an hour to kill.

Lobbyists are working wonders to send America down the path of starvation and disease...

http://video.google.com/videoplay?docid=-2384105525501310962

=====================================================================================================

You are welcome Gomp. Nice one and your post went through.

Our 'mystery shopper is really doing me a favor though.. (oh, the irony)

1. Keeps me busy. I do not mind having to check in often as others may have posed something too.

2. Any extra hits helps with the ratings!
Mar 8, 2012 at 12:43 AM | Unregistered CommenterS. Gompers
EU U-turn spells doom for food-based biofuels boom

http://www.reuters.com/article/2012/09/21/us-biofuels-europe-idUSBRE88J0R820120921

[snip]

European Union plans to cap the use of food-based biofuels are a major setback for an industry once seen playing a central role in the fight against climate change, but now more often cast as the villain following a series of global food price spikes.
Sep 23, 2012 at 9:59 AM | Unregistered Commenterjohn

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