Capitalism is in one hell of a mess!

Wrong
The European liquid market is contracting. ( ever since Snatcher Thatcher took the 1/3rd of a pint of free milk away from every school junior in the UK.)
In fact Britain is now a net importer of dairy products ( we import more than we export or produce) due to a fall in the home production. For many years farmers squeezed by supermarkets were producing milk at below cost price.
Your assertion that developing countries are increasing production to meet demand is probably correct but that would be a trueism for many things if one starts at a very low base.
Look at the amount of soya milk substitute products on the shelves here in Thailand and you will see that because of the keeping and hygiene qualities needs milk is expensive and being overtaken by alternatives.

Finally my answer was a tongue in cheek response to your light hearten approach to a potentially very serious issue to many folk.

Capitalism remains in a mess. Just check out the "box" today
That was the serious point of my topic which affects exchange rates,pensions, jobs, incomes and property.

Miruku were you a milkman?
or nil admirari

May we get back to the topic ?

Naam Jai

No. I am a milkman (and have been for half a century) and I can see there is no point in discussing an interesting industry with someone lacking in a sense of humour.

You took it off topic, now please, let's return.

Miruku
I started farming and milking cows in 1959 for a living.
Milking by hand before that, in the Isle of Arran, Scotland and at 4am to get the milk ready for the creamery lorry. I took porridge with salt and cream on some very cold mornings. I remember it well. After that we took milk on a round using churns and pint can's. Arran was the first place in the world to sell TT milk. ( Tuberculin Tested). I.e. free of cows testing positive.

But I will accede that you may have been doing it longer by hand than me.

More bankruptcies forecast, jobs lost and mortgage repossessions in todays Telegraph. This is just the beginnning.

UK debt bubble is about to burst.
The Post Office says 4 out of 10 people admitted that they are now reliant on credit.
25% of credit card holders were more depended on credit than last year and 41% said they relied on credit to buy groceries.
53% said they could not repay their credit card bill in full each month.
Many were paying 29.8% interest on the money borrowed.
6.9 million households were either paying bills late or went unpaid for up to 6 months.
Rising energy prices won't help either.

The stock market and pound have taken a bashing and its going to get very much worse.

I say all this as I hope you are able act to reduce any money risks

Its consumer credit that has kept Britain afloat. Money poured in by private finance.

Interest rates have stopped rising,thank goodness but as 1.4million fixed rate mortgages come off many won't be able to rate they go onto.

The Citizens Advice Bureau has 1.7million new debt problems

The US has a similar problem and it is said they are in recession now.

We haven't had a really big one since the 1930's

JK Galbraith said that the longer we go without a recession the deeper one will get.
It looks as if its going to be deep.