peeling the onion: what’s behind the financial mess?
Sep 26th, 2008 by admin
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Sharon Astyk peels the onion to ask ‘what are the real problems?’
I’m going to suggest that if you peel off the layers of the financial crisis, we’re going to find some pretty basic things. And one of the basic things is, well, food. It seems sort of anti-climactic, I think, if you are a pundit, to talk about the cost of rice and soybean oil as part of the root problem of such a massive financial crisis, but I suspect we’ll find it there. And underneath the food, I think we’ll find oil.
