Food prices

SteveW's picture

How Goldman Gambled on Starvation

Perhaps Lloyd Blankfein was referring to the starvation of peoples in the third world when he claimed to be "doing God's work".  Johann Hari in Friday's Independent reports what was long suspected about the 2006 food crisis, it was driven by speculation. The speculators don't care about anyone but themselves and the same situation could well visit North America as the economy worsens.