Raging inflation in China could spread to Asia Pacific

[lovuian]

http://feeds.bignewsnetwork.com/?sid=330238

With China's consumer inflation rate rising to an 11-year high in January, analysts are warning that further increases in food prices could cause social unrest.

They also say that if China decides to cut back on its food exports, inflation and unrest could spill over into other parts of the Asia Pacific region.

Most economists are predicting that China's inflation rate, which was 7.1% in January, will continue to increase in the near term.

The issue is especially sensitive for policymakers in Beijing, because a major component of the overall inflation rate is a jump of more than 18% in food prices over the past year. The cost of pork, a staple food for Chinese people, is up more than 58% compared to a year ago.
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Food Prices up 18% that sounds about right here in America too
America is in the same cycle
Inflation ultimately leads to Depression

[sam sarrha]

1. i have noticed 50% and 100% on some things.. wheat crop down 40% too