Jan 18 2008
Forget oil, the new global crisis is food
Forget oil, the new global crisis is food
Alia McMullen, Financial Post
A new crisis is emerging, a global food catastrophe that will reach further and be more crippling than anything the world has ever seen. The credit crunch and the reverberations of soaring oil prices around the world will pale in comparison to what is about to transpire, Donald Coxe, global portfolio strategist at BMO Financial Group said at the Empire Club’s 14th annual investment outlook in Toronto on Thursday.
“It’s not a matter of if, but when,” he warned investors. “It’s going to hit this year hard.”……..
Published under Survival Food Preparedness in the News