The head of the UN World Food Program repeatedly warned us that we would soon be facing “famines of biblical proportions”, and his predictions are now starting to become a reality. We have already seen food riots in some parts of Africa, and it isn’t too much of a surprise that certain portions of Asia are really hurting right now. But I have to admit that I was kind of shocked when I came across an article about the “hunger crisis” that has erupted in Latin America. According to Bloomberg, “a resurgence of poverty is bringing a vicious wave of hunger in a region that was supposed to have mostly eradicated that kind of malnutrition decades ago”. We are being told that food shortages are becoming acute from Mexico City all the way down to the southern tip of South America, and those that are the poorest are being hit the hardest. (Read More...)