
So what's the problem?
Business people are also pushing up food prices by making bets on the future price of crops like corn and rice. How will poor countries afford ever increasing food costs??
Food investors are adding to higher food prices. These guys make their dollars by investing in areas where they think food prices will go up. Buy at a low price, sell at a high price – easy. This is called “price speculation”. But as more and more people buy and sell food stocks, it creates even higher food prices and wild market swings. All of which has nothing to do with the world’s most basic demand – the need to eat!
Then there’s the other GFC – the Global Financial Crisis. As many western countries stop making profits, companies in richer countries are cutting back their spending in developing countries. Poor countries are also unable to sell as much to rich ones.
Greed is fuelling the Global Food Crisis.
How can you be a part of the solution?
--> THIS WEEK <-- Commit taking on one or more of these actions. Make sure you tell people what you are doing a why!
(Thanks to VGen WA for sending these through!)
1. Buy direct from farmers (i.e. shop at markets instead of at the likes of Coles and Woolworths) Buy locally-grown products and reduce your need to import food. Aside from helping the local economy, “buying local” reduces our reliance on food from other countries.
2. Talk to friends and family about fair cost breakdowns and what they can do to help combat the developed world’s greed
3. Demand fair cost breakdowns from distributors such as Coles and Woolworths (i.e. send them a letter and ask).
4. Start a veggie garden so you can be satisfied that other people aren’t missing out down the food chain!
5. Keep raising lots of money for the 40 Hour Famine because we’re helping out developing countries by supporting sustainable agricultural projects!
FACEBOOK:
Copy the 'greed' icon into your display picture.
Use a procovative status to get people thinking. Direct them to the Famine site for more information!
e.g. Greed allows 1 billion of the world's population to go hungry. This is what I'm doing about it: http://trans.worldvision.com.au/40hourfamine/default.aspx
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