03.06.08
Consumption Factor Key to Addressing the Food and Oil Crises
Current Events, Economics
Jared Diamond, professor at U.C.L.A., asks: What’s your consumption factor ?
His question is relevant as the world reels from the oil and food crises, which will get worse before it gets better. The Philippines will surely be one of the hardest hit, as crushing poverty combined with the continually rising prices of basic commodities will result in a potentially explosive social cocktail. President Arroyo, an economist herself, understands this all too well. This must keep her up nights, as it does many of us.
Diamond tells us to consider the number “32”. Read the rest of this entry »
Related Website: Oil Condition Monitoring by Hydac Australia
