Food prices are exploding worldwide, but the results are a lot different for those living comfortably in Western nations than for those already on the brink of starvation in undeveloped and developing countries. While there are a multitude of possible reasons for the price hikes, according to this article, excessive speculation is the true cause. I certainly won't pretend to have a very clear understanding on how speculation works, but it seems that, essentially, investors are playing around with the market without regard to the human lives at stake.
Tuesday, September 6, 2011
Der Spiegel// 9/5/11
Labels:
anti-semitism,
germany,
hunger,
regular reading
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