Sunday, April 17, 2011

World Bank Concern

Robert Zoellick cited rising food prices as the main threat to poor nations who risk "losing a generation"....

IMF chief Dominique Strauss-Kahn raised particular concerns about high levels of unemployment among young people....

"Especially because of youth unemployment... there is now a risk that this will be turned into a life sentence, and that there is a possibility of a lost generation," he said.

Hmm. Rising food prices and no income. Sounds like a powder keg to me.

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