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The Real World News brings you breaking news from around the globe. The Real World News provides daily news stories about Texas insurance news, politics, music, entertainment, conspiracies, astronomy, and even the paranormal. Find the real news stories of the world, and begin to open your eyes. Read the stories that were never meant to be written. Step outside the Matrix.

Wednesday, 02 February 2011

40 Percent Of Egyptians Live On 2 Dollars A Day Or Less And The Global Elite Like It That Way

poor egypt

After thousands of years of “progress” and “societal evolution”, how is it possible that most of the world is still living in soul crushing poverty? In recent days, it has been reported all over the media that 40 percent of Egyptians live on 2 dollars a day or less. Sadly, there are lots of other countries where even larger percentages of the population live in abject poverty. So how in the world did this happen? We can send men into space, we can send electronic communications to the other side of the globe in an instant and we can destroy entire cities with a single bomb and yet we can’t figure out how to set up an economic system that will provide jobs, food and housing for everyone on the planet? That doesn’t seem right. That doesn’t seem right at all.

Is something else going on here? Well, a clue can be found in what is going on in Egypt. The revolution in Egypt has created a vacuum of power, and look who is ready to step in – the usual suspects.

The head of the International Monetary Fund, Dominique Strauss-Kahn, says that the IMF is prepared and ready to “help” rebuild the Egyptian economy.

Posted by: endoftheamericandream AT 10:26 am   |  Permalink   |  Email
Thursday, 27 January 2011

Grocery prices skyrocket faster than official inflation

rising food prices

Grocery prices increased at more than 50 percent the rate of inflation in 2010, according to data from the U.S. Bureau of Labor Statistics.

Food prices increased an average of 1.7 percent between November 2009 and November 2010, in comparison with a general inflation rate of only 1.1 percent. The greatest price increases were seen among meat, poultry, fish and eggs, which went up in cost by 5.8 percent. The price of sugar and sweets increased 1.2 percent, the price of fats and oils increased 3 percent and the price of dairy-based products increased 3.8 percent.

The only commodities to go up in price more than food were medical care and transportation.

Posted by: natural news AT 09:49 am   |  Permalink   |  Email
 
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