Friday, June 06, 2008

Speculators on gas & food working us over bad...

From Les Echos via truthout.org :

Risk of a Raw Materials Bubble

http://www.truthout.org/article/risk-a-raw-materials-bubble

Les Echos's reporter Nicolas Madelaine wonders, "... aren't financial investors making the prices of foodstuffs and oil climb artificially? In spite of the assurance from financial milieus - which maintain that speculators merely go along with increases essentially due to the progress of physical supply and demand - this question is justified. For the debate is far from being settled."

Wrap...

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