Relevant:
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- Argentina's regime leader Kirchner freezes food prices, pushes country toward food shortages
- Blood on Bernanke's Hands; Riots in Egypt over Food Prices and Unemployment; Protests Spread to Algeria, Morocco and Yemen; Twitter in the Spotlight
- US wholesale prices rise 0.3 pct., led by costlier gas, food
- Consumer prices edge up in February as food prices jump
2013-01-19 — marketwatch.com
Greece is the second possibility. Unemployment is now at 27%. Many people are on the breadline -- and bread is about to get a lot costlier. There are increasing reports of people having to rely on food handout in Athens and other major cities. Taxes are constantly being pushed higher to meet the deficit targets and wages are still being cut and jobs slashed. More expensive food could easily be the spark for an extremist party to seize power and take the country out of the euro.
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