The BIG fear - when food is unavailable at any price

so, if you've got money - lots of it - whaddaya gonna do...? why, buy up farm land from poor people and impoverished countries, folks so desperate for money they're practically willing to give it away, and lock it up for yourself... lovely, eh...?

A variety of factors — some transitory, like the spike in food prices, and others intractable, like global population growth and water scarcity — have created a market for farmland, as rich but resource-deprived nations in the Middle East, Asia and elsewhere seek to outsource their food production to places where fields are cheap and abundant.

[...]

Foreign investors — some of them representing governments, some of them private interests — are promising to construct infrastructure, bring new technologies, create jobs and boost the productivity of underused land so that it not only feeds overseas markets but also feeds more Africans. (More than a third of the continent’s population is malnourished.) They’ve found that impoverished governments are often only too welcoming, offering land at giveaway prices. A few transactions have received significant publicity, like Kenya’s deal to lease nearly 100,000 acres to the Qatari government in return for financing a new port, or South Korea’s agreement to develop almost 400 square miles in Tanzania. But many other land deals, of near-unprecedented size, have been sealed with little fanfare.

Investors who are taking part in the land rush say they are confronting a primal fear, a situation in which food is unavailable at any price.

it's simple... when you've got more money than god, you just buy the means of production...

“When some governments stop exporting rice or wheat, it becomes a real, serious problem for people that don’t have full self-sufficiency,” said Al Arabi Mohammed Hamdi, an economic adviser to the Arab Authority for Agricultural Investment and Development. Sitting in his office in Dubai, overlooking the cargo-laden wooden boats moored along the city’s creek, Hamdi told me his view, that the only way to assure food security is to control the means of production.

[...]

“There is no problem about money,” Hamdi said. “It’s about where and how.”

the problem with the super-rich elites, particularly those from the gulf states and saudi arabia, is that they honestly believe that money is the answer to everything... unfortunately, so far, they're proving they're right... meanwhile, the rest of us are left to suck hind tit...

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