Standard Mischief

There’s an economic theory that’s been floated around lately that says even if the US economy goes in the dumps for a little while, the rest of the world is big enough and robust enough to “decouple” itself from the USA and stay strong.

Soldiers fire on food riot crowds (Somalia)

Tens of thousands riot in Mogadishu in eruption of anger over food prices

Stores impose limits as rice stocks shrink (New Zealand)

Toronto feeling effects of global rice shortage

GLOBAL ECONOMY -Inflation and slowdown plague industrial world

Global Growth Slows, UBS Says (Update1)