Unless commodities don’t reverse their trend, inflation may go sky high threatening demand for the same and causing major food crisis. There are no clear winners in this inflation saga, not even the OPEC countries who depend on food imports. These OPEC countries not only have to contend with rising food prices but also drop in oil demand.
There is a major lesson in this crisis for all of us to learn. Live and let live.
Filed under: Uncategorized , food crisis, inflation, OPEC
