financial crisis could fuel hunger?

felix salmon (via gadde swarup) quoting from a bloomberg post:
The number of hungry around the world is at risk of increasing as the financial crisis cuts investment in agriculture and crops, said Abdolreza Abbassian, secretary of the Intergovernmental Group on Grains at the United Nations Food and Agriculture Organization in Rome. The total increased by 75 million last year to 923 million, the UN estimates.
a squeeze on worldwide institutional credit could affect corn output this year? not in india where 90% of credit that farmers access is non-institutional. perhaps, this is the time for americans to go easy on their subsidies so that indian farmers can invest more in productivity. if you want to save the world's hungry don't send money to india or africa- and don't subsidise the fortunate in america either.

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