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  • Have Bernanke And Ethanol Sunk Egypt? The People Cannot Afford To Buy Bread

    02/01/2011 5:03:46 PM PST · by Kaslin · 50 replies
    IDB Editorials ^ | February 1, 2011 | LAWRENCE KUDLOW
    Decades of autocratic government and a lack of free elections are, of course, the main drivers of the political upheaval in Egypt. But did the sinking dollar and skyrocketing food prices trigger the massive unrest now occurring in Egypt — or the greater Arab world for that matter? In addition to Egypt, the people have taken to the streets to varying degrees in Algeria, Jordan, Libya, Morocco and Yemen. Local food riots have even broken out in rural China and other Asian locales. While the mainstream media focus on the political aspects of this turmoil, they are overlooking the impact...