The Butterfly Effect

People that usually "think hard" (and pocket lots of money on the way), ones controlling our destiny (Politicians, Economists, Media) have been promoting globalization as the panacea for stability and wealth generation.

The dream is now turning into a nightmare.

It's a little bit like the crazy doctor having created a butterfly with a little bit bigger wings than the nature would have done. The problem, is that when this butterfly start to fly, it creates tiny changes in the atmosphere that ultimately cause a tornado to appear somewhere else...

That's what happen with our economists. They experimented with low interest rate that seems to have done no harm until to find out that they broke the little balance of our"Economical" universe.

Let's look at the "butterfly" casualties:

13.04.2008 "The World Bank plans to give $10 million in emergency aid to Haiti as riots over surging food prices turned deadly"

09.04.2008 "Record high grain prices have led to strikes in Argentina, riots in Cameroon, Burkina Faso, Morocco and the Ivory Coast. The World Bank says 33 countries from Mexico to Yemen may face social unrest because of spiraling food and energy costs."

10.04.2008 "For the first time in decades, the number of people facing hunger is growing. Food prices have risen sharply leading to food riots in several countries," Gordon Brown (UK -not for long- prime minister)wrote.

Now if the G8 is worried, because our wealth is depending on the emerging market. So make them unstable politically or economically, it will come back to us. And that's the only reason, why they care about. And that is the other side of butterfly casualties...

Next casualties will be the mass of retiree that are living on low pension in the developed country, then the poor (or middle class)...

Regarding food and biofuel, I might again sound boring, but nowdays some cars are competing with people on the food chain. Company such as Neste oil, which is using palm oil to produce fuel and on the way destrowing virgin forests, should be clearly put out of business. But you see, it's a state owned company (51%) and behind are investors that need to have big return for their money...