Commodity index speculation was up $70 billion last year to around $400 billion; close to 20x what it was before 2003. Structural problems exist, but the speculation is out of hand. This is 2008...
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Commodity index speculation was up $70 billion last year to around $400 billion; close to 20x what it was before 2003. Structural problems exist, but the speculation is out of hand. This is 2008...
A 'time bomb' for world wheat crop, by Karen Kaplan. Los Angeles Times, June 14, 2009.
Moscow to seize grain export controls, By Javier Blas. Financial Times, July 31 2008.
The Last Bite: Is the world’s food system collapsing?, by Bee Wilson. The New Yorker, May 19, 2008.
I firmly of the believe that persons connected to bin Laden, and/or AQ, are profiting handsomely in commodity and financial markets. These are smart people, they've read Paul Kennedy's Rise and Fall...
I would argue that oil is food. And further argue that the activist “no war for oil” mantra is as misguided, as the center-right notion that oil (and thereby food) has nothing to do with this, and it...