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10-31-2010, 02:14 AM #1
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Food Crisis Of 2011: Fact is, 2008 crisis never went away
The Food Crisis Of 2011
Oct. 27 2010 - 4:51 pm
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by Addison Wiggin
Food prices are high and going higher
Every month, JPMorgan Chase dispatches a researcher to several supermarkets in Virginia. The task is to comparison shop for 31 items.
In July, the firm’s personal shopper came back with a stunning report: Wal-Mart had raised its prices 5.8% during the previous month. More significantly, its prices were approaching the levels of competing stores run by Kroger and Safeway. The “low-price leaderâ€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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