Re: inflation and flooding?
- From: Daytona <me@xxxxxxxxxxx>
- Date: Mon, 30 Jul 2007 10:38:24 +0100
On Fri, 27 Jul 2007 22:16:18 +0100, "Arthur2" <pangga@xxxxxxxxxxxxxx>
wrote:
"biggirlsblouse" <big.girl@xxxxxxxxx> wrote in message
news:556qi.3274$vi3.162@xxxxxxxxxxxxxxxxxxxxxxx
What do you think is going to happen to inflation now that the floods have
done £billions of damage.... food is rotting in the ground..therefore food
prices will rise....
I'd be interested to know what percentage of potatoes eaten in the Uk are
grown n the UK.
The supermarkets of course won't refran usng the flooding as a reason to
raise the price of the veg
they import.
Remind me what Tesco & Morrisons said.
One thing that hasn't been covered is the loss of wildlife. I presume
that the lower levels of the hierarchy will have been wiped out, but I
imagine that they'll recover quickly, because nature is robust.
EFT Securities recently launched a load on exchange trade funds (ETFs)
on the London Stock Exchange (LSE) tracking crop prices -
<URL:http://www.etfsecurities.com/en/securities/etfs_securities.asp>
Daytona
.
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