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The year of living dangerously

January 31st, 2011 · No Comments

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Rising commodity prices and extreme weather events threaten global
by Michael Klare
Le Monde diplomatique (January 25 2011)
Get ready for a rocky year. From now on, rising prices, powerful storms,
severe droughts and floods, and other unexpected events are likely to play
havoc with the fabric of global society, producing chaos and political
unrest. Start with a simple fact: the prices of basic food staples are
already approaching or exceeding their 2008 peaks, that year when deadly
riots erupted in dozens of countries around the world.

It’s not surprising then that food and energy experts are beginning to
warn that 2011 could be the year of living dangerously – and so could
2012, 2013, and on into the future. Add to the soaring cost of the grains
that keep so many impoverished people alive a comparable rise in oil
prices – again nearing levels not seen since the peak months of 2008 – and
you can already hear the first rumblings about the tenuous economic
recovery being in danger of imminent collapse. Think of those rising
energy prices as adding further fuel to global discontent.

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