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iKnow Community: Issues (WIWE)

Food price "rockets to sky" which leads to famine and finally to wars on food and mass migration

Wild Card submitted by Tuomo Kuosa   / Comments (0)
Food price

Issue (WIWE) status: Submitted, Unpublished

Wild Card's progress: Basic

This Wild Card came from: 
Other International inter-governmental organisations

The source of this Wild Card: 
Singapore's Monitor Project

Wild Card's description: 

Due to three globally dry years, the demand for food temporary exceeds the supply, leading first to volatility in food prices and then to severe price shocks. Investors start to buy food resources in massive scale (grain, soy, corn) and energy (oil, coal) because these items seem to rise their value month by month. This leads to global famine, war on food and mass migration.

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