Sunday, September 18, 2011

Wall Street and the "Food Bubble"

First the "tech bubble" then the "housing bubble" - now new food market derivatives are creating a "food bubble".  Is there a way "to stop investors from turning the global food system into a casino that brings huge winnings to a few and hunger to millions?"

This is a complex issue.  A recent article by Tom Philpott explains the situation in detail and offers a possible step toward counteracting it.  If you care about global food security, this is a must read.