The Global Economy

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It's only going to get worse: Most of the corn in the United States is now underwater.

http://www.mirror.co.uk/news/latest/tm_headline=iowa-flood-evacuations-rise&method=full&objectid=20609907&siteid=89520-name_page.html

The post that was quoted here has been removed

Poor people will keep breeding, then there will be a famine and war and tragedy because the parents won't be able to feed the babies they squirted out irresponsibly, and then they'll blame their starvation on me and my fellow Americans (who are restrained with respect to breeding).

Originally posted by AThousandYoung
Poor people will keep breeding, then there will be a famine and war and tragedy because the parents won't be able to feed the babies they squirted out irresponsibly, and then they'll blame their starvation on me and my fellow Americans (who are restrained with respect to breeding).

Still happily sucking on your idée fixe, I see.

If one of your students asked you about the role of futures trading in oil and food prices, what would you say?

Originally posted by AThousandYoung
Poor people will keep breeding, then there will be a famine and war and tragedy because the parents won't be able to feed the babies they squirted out irresponsibly, and then they'll blame their starvation on me and my fellow Americans (who are restrained with respect to breeding).

This is a good point ATY. 18 of the top 20 countries with the highest fertility rates are in Africa, where starvation and poverty are worst. Maybe the UN should be giving away vasectomies and histerectomies along with food supplies.

Originally posted by Bosse de Nage
Still happily sucking on your idée fixe, I see.

If one of your students asked you about the role of futures trading in oil and food prices, what would you say?

"I'm a science teacher, not an economics teacher. That's a really advanced question and I am amazed you know enough to ask it. Tell me what you think and I'll tell you what I think, but keep in mind I'm not an expert on this sort of thing."

Originally posted by AThousandYoung
Poor people will keep breeding, then there will be a famine and war and tragedy because the parents won't be able to feed the babies they squirted out irresponsibly, and then they'll blame their starvation on me and my fellow Americans (who are restrained with respect to breeding).

If only we were as restrained in our use of the world's resources and destruction of the world's environment.

Originally posted by no1marauder
If only we were as restrained in our use of the world's resources and destruction of the world's environment.

"Our" use? The world's using these things. We are part of the world after all.

Originally posted by AThousandYoung
"Our" use? The world's using these things. We are part of the world after all.

"We" meaning the way YOU used it i.e. people in the US. The use of the world's resources by "us" (so defined) is vastly disproportionate to our share of the global population. As is the amount of damage "we" do to the natural environment.

Originally posted by no1marauder
"We" meaning the way YOU used it i.e. people in the US. The use of the world's resources by "us" (so defined) is vastly disproportionate to our share of the global population. As is the amount of damage "we" do to the natural environment.

I guess we should have waited until the Fukowie tribe in africa came on line? Maybe we shouldn't have put so much gas in our farm equipment in order to become the bread basket of the world. Let 'um all starve i say.

GRANNY.

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Speculation on food and energy futures has helped drive the prices of the these commodities up. Price is no longer fixed by supply and demand but a form of gambling.

That's my crude contribution; maybe Mr Palynka can enlighten us further.

Originally posted by AThousandYoung
"I'm a science teacher, not an economics teacher. That's a really advanced question and I am amazed you know enough to ask it. Tell me what you think and I'll tell you what I think, but keep in mind I'm not an expert on this sort of thing."

"All I know is that prices keep shooting up and my dad mutters about futures trading. He wrote that question down on a piece of paper for me and asked me to ask you because I've been bugging him about it. Also, what does 'condescending' mean?"

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No, you wouldn't benefit from it at all.

I don't know who said higher corn prices would help feed the world -- certainly not me.

Your logic seems fine to me.

Looking forward to Gordon Brown's GM future?

"Where Mr Palynka is nobody knows
Is he locked in the closet polishing toes?
Is he stretched on the fairway grinning at mice?
Brokering entente between vagrants and lice?
Whatever he's doing, I'm sure it is nice."