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| From Amman, Jordan | |
| Tuesday, May 06, 2008 | |
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Yes, $4/gallon gas sucks. But that's still one of the cheapest prices anywhere. The whole world's bitching about the high cost of gas & food. And I'm not talking about old people on porches saying "I remember when..."
It's like the 'perfect storm' - increased cost of oil, raw materials, food & the little discussed reorganization of ocean trading routes all combined with the plummeting dollar... I don't think the outlook's good...but you & I will get thru it... it's everyone else I worry about. Tags: Jordan prices riots oil food |
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Here in Jordan everything pretty much doubled in the past 6 months. Just read oil in Syria increased 360% last year. In Asia everyone complained about the skyrocketing price of rice. It increased by 300% in 4 months in Thailand. And recently people have died in riots over high food prices in Egypt & across West Africa.
