What You Can Do About the Drought and Rising Food Prices by MN Gordon Economic Prism
Can you believe it? Yesterday European Central Bank President Mario Draghi failed to clarify what he meant last week when he promised business leaders in London to do “whatever it takes to preserve the euro.”
Traders were looking for concrete steps to saving the euro. Instead they got muddy stumbles to nowhere. The DOW dropped 92 points in disappointment…for its fourth consecutive day of losses.
Still, we won’t dwell on it anymore today. For, if you hadn’t noticed, there’s an epic drought going on…
If you remember back in 2007, following a long dry spell, and severe water rationing, the Georgia state government was out of ideas for quenching the thirst of the parched population of Atlanta. In a moment of despair they held hands with ministers on the steps of the state Capitol to pray for rain. Providentially, the heavens complied and soon after it rained.
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