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Hunger for Profit| 4mins
Director: Caroline Nokel & Valentin Thurn | Producer: Yvonne Miehlke
Focus Years: 2011 | Country: South Africa
Subject Tags: africa, economies, ethics, food, globalization, livelihood
Quality Tags: Optimistic, Slow, Activating, Harmonizing
Synopsis:
USA/Kenya: Why are crops the best performing investments? On one side of the world American star investor Jim Rogers arrives at his elegant offices and explains how large investments and movements of money affect prices. On the other side of the world market vendors in Kenya feel the effects. Prices on global exchanges for maize and wheat have tripled in the last 5 years. Maize has been the best-performing investment since the financial crisis began. Global returns rose in the last 5 years by: 55% for oil; 144% for gold; 146% for maize. How can so much money be made from food speculation and a billion people still go hungry in the world?
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