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Chart Of The Day: The World's Scariest Divergence
We like to keep our charts just simple enough that a PhD in Economics can understand them; and so we present what must be the scariest chart in the world for much of the developing (and for that matter developed) world. Demand for food is rising inexorably (as is the demand for fuel) but at the same time supply is falling rapidly as the availability of arable land per capita plunges. Perhaps this (along with central bank liquidity spillovers) explains the 'paradigm' shift in staple prices. Food for thought? (pun intended)
Rising demand... meet falling supply...
and the impact...
Charts: Goldman Sachs
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Yeah, Obama invented the corn-ethanol lobby, I forgot about that...
Not to worry with global warming we can farm in Greenland
Think we can get the Norse to sign up for this again? Maybe this time it would work? http://www.archaeology.org/online/features/greenland/
Sh!t's gonna get real when the zombies discover their EBT cards will only get them halfway through to the next handout.
Let Them Eat Bath Salts
Completely solvable by rational culture (which is the real scarcity). Imagine lots of nukes scattered throughout the country, able to pump / purify seawater in (and mitigate river flooding too). I also don't buy the fuel worries; the fuel is there, the problem is forbidding / choking devel.
Kind of useless chart. I'd like to see a graph of food production on that chart too.