Speigel Online. Check this graphic.
The Scientific Indian
Science as a way of life
Search
Profile
I am working on some very smart things to say here. Really. Meanwhile, there's this and this. Welcome.
Suggestions
Recent Posts
- Winding down this blog
- Belousov-Zhabotinsky reaction
- Vigorous Scrubbing, the musical
- Google Female Human Body Browser
- Dr Hans Rosling's 200 Countries, 200 Years, 4 Minutes - The Joy of Stats
- Why is space dark?
- I want to save my people
- How close can you get to a Neutron Star
- Wikileaks
- What did Ed Witten do in college
Recent Comments
- loans on Inidbloggies 2006 - Results Announced
- writer freelance jobs on Starting young
- WongSHELLY on What are worthwhile problems: Feynman's moving letter
- Naresh on Pranav Mistry's SixthSense
- onkar on Pranav Mistry's SixthSense
- Nikhil K on Bible and blood in my backyard
- D. C. Sessions on If your parents don't like Ubuntu
- Riesz Fischer on Entangled Reality
- anon on A matter of Life and er... Matter
- Len on A matter of Life and er... Matter
RSS Feed
Archives
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
« Book podcasts | Main | What OLPC now needs »
Global food crisis
Category: Prime Stream
Posted on: April 24, 2008 9:26 AM, by Selva
TrackBacks
TrackBack URL for this entry: http://scienceblogs.com/mt/pings/70322
Comments
A large part of the problem is that speculators are cornering the market on basic foodstuffs, trying to maximize their profits by taking supplies off the market to drive up prices. It used to be this kind of thing was illegal. Now it's standard business practice.
Posted by: Bill the Cat | April 24, 2008 10:24 AM
Bill, Various talking-heads have stated that this is not the case and that commodity traders provide useful market fluidity. That increased demand in developing countries like India and China is driving prices up.
They're lying.
The rise in rice prices gives it away. This is a engineered crisis. There's no way that demand has doubled in six-months, it's a physical impossibility.
The problem is that through manipulation of options it's possible to control the market with just a small amount of money. Enron manipulated the energy crisis in California a few years ago (remember that? blackouts and brownouts) until they got greedy. All the same excuses were trotted out back then too - increased demand, low supply.
Where's the California energy crisis today? gone. And I guarantee you the state of California has not reduced their energy consumption.
Posted by: NoAstronomer | April 24, 2008 11:18 AM