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U.S. Drought Could Cause Global UnrestTwice in the last five years, rising food prices triggered global waves of social unrest. With drought baking U.S. crops, another round of soaring, society-straining price spikes may happen before the year's end. According to researchers from the New England Complex Systems Institute, commodity speculation -- investors betting on food prices -- will amplify the drought's market consequences, creating a new food bubble and the crises that follow.
Source: Wired
Posted on:
Wednesday, Jul 25, 2012, 8:12am
Views: 14
Source: http://www.labspaces.net/122020/U_S__Drought_Could_Cause_Global_Unrest
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