FT.com – Speculators feast on soaring commodities prices
Posted by Graham on May 13th, 2008
–The second page is more interesting from an economic point of view. See the article bellow for some explanation of why China is not to blame. Otherwise, rather grim warning.
In times of famine, Vladimir Ilych Lenin took a robust line on speculation. “We can’t expect to get anywhere,” he told the Petrograd Soviet in 1918, “unless we resort to terrorism: speculators must be shot on the spot”.
