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Are We Looking at a Famine in Parts of the World?
The price of a basket of basic food products around the world is up 1,900%. In Syria, it's up 700%. In Ethiopia, it's about 175%. Even in the US, it'sup 67%. Europe, 80%. No part of the world is immune right now. What's going to come down to is which economies have the resilience and governments have the balance sheets to be able to deal with this kind of need.