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Thread: The world faces food shortage and inflation pressure!
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[quote=JIMMYB,282074]"But whose fault is it? With no malice, It is China's fault (helped but the other components of BRIC - Brazil, Russia and India. The world economy is overheated. There are not enough resources in the short term so raw materials prices rise." Paul. It sounds reasonable. As China is developing very fast, it needs more resources. Unluckily, the supply couldn't meet the huge demand so that China needs to import raw materials. However, I wonder how the developed countries developed their economies in 19th and 20th century? Where did the resources come from?[/quote]
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