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9/07/2012

Topic Reading-Vol.149-9/7/2012

Dear MEL School's Topic Readers,
Why 2013 will be a year of crisis?
If you live in a developed country, an increase of food prices might not matter so much you may be spending only 10% or so, 25% at most may be, of your disposable income on food while those who live in developing countries are using as high as 50% of their income for their daily food. So if food prices surges again, which is happing and most likely will worsen next year, what may happen in those developing countries especially where political stability is questionable? New Arab spring?
Enjoy reading and learning this emerging problem that is very serious in developing world.

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