hey lenni the germans seem worried, page-3

Subsidies Len Subsidies ... A free market will not help food inflation. It is too little too late. Europeans got complacent with food security as it did in the early 1940s. The food inflation phenomena is new and it will be a permanently worsening situation. 70 million new people a year, loss of prime arable land to cities and houses, worsening weather = perfect storm for global equities markets. Instead of 10% of your disposable income going to food, try wearing 25% ... In African nations this effect will be far more severe.