Housing is still going down, and is way, way down from 2007.
1. All wrong. The turmoil in Egypt was caused by... Al Gore, the Peace Prize winner, who was in favor of us turning a good percentage of corn into ethanol.
2.So, why don’t the US and other grain-producing countries (there aren’t that many!) form a cartel? I’d start pegging the price increases of food/grain to...DOUBLE oil price increases...for a start.
I get a bang out of people bitching that OPEC is “illegal”...get the best price you can for what you have.