Tuesday, April 8, 2008

Credit Crisis My Ass

With all the attention lately on the credit markets, it's nice to take a step back and look at the commodities market. Two articles from Bloomberg highlight the run up in food prices:

http://www.bloomberg.com/apps/news?pid=20601087&sid=a0fU0S8MSK64&refer=home


http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_pesek&sid=aEcTZJbdEUiA



It's interesting thinking about the implications, namely that this is something going on in the financial markets that will affect the poorest of people even more than the rich.

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