Egypt & Tunisia Usher in the New Era of Global Food Revolutions

Political risk has returned with a vengeance. The first food revolutions of our Malthusian era have exposed the weak grip of authoritarian regimes in poor countries that import grain, whether in North Africa today or parts of Asia tomorrow.

From the UK Telegraph:

If you insist on joining the emerging market party at this stage of the agflation blow-off, avoid countries with an accelerating gap between rich and poor. Cairo’s EGX stock index has dropped 20pc in nine trading sessions.

Events have moved briskly since a Tunisian fruit vendor with a handcart set fire to himself six weeks ago, and in doing so lit the fuse that has detonated Egypt and threatens to topple the political order of the Maghreb, Yemen, and beyond.

As we sit glued to Al-Jazeera watching authority crumble in the cultural and political capital of the Arab world, exhilaration can turn quickly to foreboding.

This is nothing like the fall of the Berlin Wall. The triumph of secular democracy was hardly in doubt in central Europe. Whatever the mix of aspirations of those on the streets of Cairo, such uprisings are easy prey for tight-knit organizations – known in the revolutionary lexicon as Leninist vanguard parties.

Read the rest here.

It’s starting to look like buying a little extra every time you go to the grocery store isn’t such a bad idea.



One Response to “Egypt & Tunisia Usher in the New Era of Global Food Revolutions”

  1. Tweets that mention Egypt & Tunisia Usher in the New Era of Global Food Revolutions « Thomas Jefferson Club Blog -- Says:

    […] This post was mentioned on Twitter by Usher Buzz, Thomas JeffersonClub. Thomas JeffersonClub said: Egypt & Tunisia Usher in New Era of Global Food Revolutions. Time to stock up! #tpp #conservatives #foodshortage […]

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