Saturday, February 12, 2011

Spengler on Egypt

David P. Goldman writes as Spengler for the Asia Times of Hong Kong. Here he focuses on the miserable economic conditions in Egypt and the extent to which they interact with a world shortage of wheat, especially in China. He sees it as a motive for the revolution happening there.

For pundits, pessimism is always the preferable pose. Spengler would have you believe we were mere months away from world-wide starvation among the poor. Who knows, maybe he is right?

We live in interesting times....