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<blockquote data-quote="Anonymous" data-source="post: 514151"><p>About the Time article- When have developing/third-world nations not had food problems- that's old news showing those nations with food problems.</p><p>But what is news is that business will really pick up as China & India continue to cultivate their middle classes. Their middle classes will want the same things Westerners have - and with the weak dollar their buying power will increase as ours decreases. I've read one of China's goals is to have 10% of their population up to middle-class within the next decade. Wow - that is a middle class almost as large as the entire population of the U.S. All those people eating more and more.</p><p>The problems will start for us before long. Profit motive will keep us exporting food out of the U.S if there is a better return for it elsewhere- Ending stocks will remain low and food prices will remain elevated. </p><p>It is going to be hard for Americans to adjust to spending 15 to 20 % of their disposable income on food as opposed to 10%. </p><p>We need Farm & Food Policy to keep our farmers in business & keep our food prices lower.</p></blockquote><p></p>
[QUOTE="Anonymous, post: 514151"] About the Time article- When have developing/third-world nations not had food problems- that's old news showing those nations with food problems. But what is news is that business will really pick up as China & India continue to cultivate their middle classes. Their middle classes will want the same things Westerners have - and with the weak dollar their buying power will increase as ours decreases. I've read one of China's goals is to have 10% of their population up to middle-class within the next decade. Wow - that is a middle class almost as large as the entire population of the U.S. All those people eating more and more. The problems will start for us before long. Profit motive will keep us exporting food out of the U.S if there is a better return for it elsewhere- Ending stocks will remain low and food prices will remain elevated. It is going to be hard for Americans to adjust to spending 15 to 20 % of their disposable income on food as opposed to 10%. We need Farm & Food Policy to keep our farmers in business & keep our food prices lower. [/QUOTE]
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