Tuesday, February 1, 2011

Spengler: Food and failed Arab states


"Egypt is the world's largest wheat importer, beholden to foreign providers for nearly half its total food consumption.  Half of Egyptians live on less than $2 a day. Food comprises almost half the country's consumer price index, and much more than half of spending for the poorer half of the country. This will get worse, not better."

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