The Global Food Crisis

In two thousand, the commodity futures modernization act is past ripe. This is the big deregulation initiative from larry somers, bill clinton and greenspan. And so right as house prices start going down in two thousand and seven, the bubble essentially migrates into food in the stock market in two thousand eight. So you suddenly have at a moment where the whole global economy is actually slowing down and demand is shrinking. You o suddenly begin to see the prices of all these commodities suddenly begin to spike. These are like record hires. They really do what they're meant to do. Because everyone needs to sell when there's a crisis. We need some money. Everyone needs their morage back