+ Roughly 40% of Egyptians survive on less than $2 per day.
+ The price of unsubsidized bread rose by 10X in 2008 and the cost of rice doubled in 1 week.
+ National Minimum wage is virtually unchanged since 1984.
+ Represents more than 15% of Europe’s natural gas supply and 4% of world’s crude oil supply.
+ Canadian business bankruptcies fell 26% in 2010 to a record low of 3.4 per 1,000 businesses.
+ If the US creates 425,000 jobs per month, it would take at least 10 years to bring the unemployment rate down to 6%. If they create 325,000 it would take at least 20 years.
+ UN food price index hit a record in January and upward pressure is not abating.
+ Look for the price of t-shirts and jeans to rise as cotton prices are at a 140 year high. Also, farmers may switch some of their crops to cotton from corn or soybeans.