Interesting

[Glenn]

From a individual investor (don't want to be accused of industry propaganda):

>>and do not forget that the tsunami destroyed every fishing boat in the north on that coast. That's a major industry in Japan and those boats are really significant fuel users.

Don't be surprised if there is pressure on food prices from that... <<

[Deleted]

Mar 11, 2011 14:44:44 GMT -6 Glenn said:

From a individual investor (don't want to be accused of industry propaganda):

>>and do not forget that the tsunami destroyed every fishing boat in the north on that coast. That's a major industry in Japan and those boats are really significant fuel users.

Don't be surprised if there is pressure on food prices from that... <<

Fuel guzzling fishing boats being destroyed will cause pressure on food prices? I guess we're all entiitled to our opinions.

[Glenn]

I think the point is they will have less fish to eat and it will have to be replaced with something else. Probably mostly rice. But rice is a poor protein substitute.