SEARCH
A great gift for crisis deniers!
Humoring the Horror of the
Converging Emergencies
94 color pages
$24.99 now $15!
Or read FREE online!
Twitter
Ping this story
in social media:
del.icio.us
Digg
Newsvine
NowPublic
Reddit
Facebook
StumbleUpon
|
|
|
|
|
|
|
|
|
Farmland: The Next Boom? http://apocadocs.com/s.pl?1285509180
The world has consumed more food than it has produced in nine of the past 10 years, Susan Payne, chief executive of agricultural investment firm Emergent Asset Management, told the World Agricultural Investment Conference in London this week. Population is rising fast; another billion mouths to feed will probably be added in just in the next 15 years.... We've already seen trouble. There were food riots in some countries two years ago. Wheat, coffee and sugar prices have rocketed this summer. Canaries in the coal mine? "We expect to see a resource war around 2020," says Ms. Payne.... Charmion McBride, head of agriculture for Insight Investment, says the amount of arable land per person on the planet has halved in about 40 years.... Famously, land has also proven a terrific hedge against inflation. It has boomed when prices skyrocketed--such as during the two world wars, and the 1970s. There is a serious risk that we will see a surge in inflation down the road: You could argue the governments need it. No wonder investors have been bidding up the prices of other inflation hedges, such as gold and inflation-protected bonds. Why not land?
|
|
|
|
|
|
|
[Read more stories about:
soil issues, topsoil depletion, food crisis]
|
|
|
New!:
| |
|
No reader quips yet -- be the first! | |
|
Got a PaniQuip?
|
|
|
We reserve the
right to reuse, remove, or refuse any entry.
| |
|
|
'Doc Michael says:
|
|
|
|
Oddly, they missed an opportunity to mention "Peak Land."
|
|
|
|
Want to explore more?
Try the PaniCloud!
|