Contrarian Stock Market Investing News - Featuring Bargain Stocks » Ugliness http://www.contrarianprofits.com Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Tue, 24 Nov 2009 15:03:47 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 World Bank Says Do Something About Food Prices or There Will Be Blood http://www.contrarianprofits.com/articles/world-bank-says-do-something-about-food-prices-or-there-will-be-blood/1250 http://www.contrarianprofits.com/articles/world-bank-says-do-something-about-food-prices-or-there-will-be-blood/1250#comments Mon, 14 Apr 2008 12:47:58 +0000 Contrarian Profits http://www.contrarianprofits.com/articles/world-bank-says-do-something-about-food-prices-or-there-will-be-blood/ This weekend the president of the World Bank, Robert Zoellick, asked for $500 million in emergency aid for the UN World Food Program. “It is critical that governments confirm their commitments as soon as possible and others begin to commit,” Zoellick said. Prices have only risen further since the WFP issued that appeal, so it is urgent that governments step up.”

The Mogambo Guru recently weighed in on the situation:

“The big problem with inflation is that people get low blood sugar when they are hungry, and soon their moods turn sour. I know this for a fact because if breakfast or brunch or lunch or coffee break or dinner or any snack is five minutes late, I involuntarily turn into a screaming…

]]> This weekend the president of the World Bank, Robert Zoellick, asked for $500 million in emergency aid for the UN World Food Program. “It is critical that governments confirm their commitments as soon as possible and others begin to commit,” Zoellick said. Prices have only risen further since the WFP issued that appeal, so it is urgent that governments step up.”

The Mogambo Guru recently weighed in on the situation:

“The big problem with inflation is that people get low blood sugar when they are hungry, and soon their moods turn sour. I know this for a fact because if breakfast or brunch or lunch or coffee break or dinner or any snack is five minutes late, I involuntarily turn into a screaming monster from hell demanding to know who stole my food and vowing bloody revenge. I can only imagine the anger when hunger is caused because someone can’t afford to buy food!

This “inability to buy food” is one of the problems with inflation, and that ugliness is now here, as we read from Bloomberg.com that “The World Bank in Washington says 33 nations from Mexico to Yemen may face ’social unrest’ after food and energy costs increased for six straight years.” Hahaha! No kidding?”.

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