It's May 21, 2024, 08:54:25 AM
There is nothing sensationalist about the matters being concerned, it's one of economics. The cause put forward is that the U.S food giants deliberately create excess food supplies in order to flood the least developed nations with food which serves to drive down prices to a level at which domestic producers simply can't compete and thus forcing them out of business. By the time they have forced them out of business, this then signals the green light for huge increases in food prices. It's very much the same strategy that has been employed on radio, offering ridiculously cheap advertising prices at a level which none of the smaller based radio stations can compete with and then when they have knocked out the competition, they then push prices much higher than they existed before.That's the issue of trade policies of course, the much wider issue is one of the IMF providing loans at an interest rate which is so high, that the country is then forced to take out more loans to finance the payment of the existing interest rate.