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“A Silent Tsunami” : The Food Crisis and Small Entrepreneurs
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There has been a food crisis brewing. The U.S.’s Farm belt has been on the comfortable end of an ample 40% rise in commodity prices since October, but those hefty profits have naturally translated into significant losses for consumers. A UN representative recently suggested that this persistent upsurge in food prices be considered a “silent tsunami,” crushing developing countries’ consumers especially. Until policy intervenes, it seems, these prices and this tsunami will keep swelling.