Can Food Crises Trigger Collapse?

Can Food Crises Trigger Collapse?
A combine drives over stalks of soft red winter wheat during the harvest on a farm in Dixon, Ill., on July 16, 2013. Jim Young/Reuters
James Dale Davidson
Updated:
Commentary

“The Pakistan Economy Watch (PEW) on Tuesday asked the government to take serious steps to ensure food security in the country as an international food crisis can engulf the world soon .... Dr. Murtaza Mughal said that the vulnerable and the poor would be hardest hit, who spend as much as 60 to 75 percent of their income on food. He said that situation at home is far from encouraging; flawed policies have left almost all the federal and provincial departments related to agriculture as dysfunctional. ... The matter should not be taken lightly, as, during the last crisis, 30 countries witnessed food riots while many governments were sent packing.” — Pakistan Today, July 25, 2012

James Dale Davidson
James Dale Davidson
Author
James Dale Davidson is a highly acclaimed economist and financial forecaster who has cemented his legacy through his renown investment newsletter Strategic Investment, which has been in publication since 1987. One of Davidson’s biggest fans include billionaire Peter Thiel, who says Davidson inspired him to start PayPal and cited Davidson as “his favorite stock picker.”
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