Korean Job Discussion Forums

[fiveeagles]

http://www.marketskeptics.com/2009/02/2009-global-food-catastrophe.html

Any thoughts on this?

[Robot_Teacher]

So like should you invest in commodities if you're in the market to buy something?


I thought their was already a shortage as the prices just keep rocketing up on things like fruit, veggies, meat, dairy, and basic staples like rice. At home in the good ol' US of A, they're telling me inflation is setting in and Marxism will become the new norm. I dunno about all the Marxism hype, but I know food prices and the cost of living is going up all across the board.

Productivity may be going down due to negative perceptions ruling the world today. This means less investing and less physical operations to employ people in producing products of all sorts. Manufactured fear is about the only product in excess supply to the point of it being sold for $0.00 on all markets.

Expect productivity to go down in nearly all areas and prices to go up while pay just remains stagnated with fewer jobs due to decreased productivity.

People are just going to go through more unnecessary economic suffering as they already are doing due to inequalities and bad use of resources like credit, land, food, and systems.

[curiousaboutkorea]

No need to worry in Korea. It has reserves. That is it owns half the farmland of another country.

[fiveeagles]

Have you guys heard anything about these droughts? I haven't heard anything in the news.

[mises]

They're in the news, but overshadowed by other stuff.

[Ya-ta Boy]