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Why A Third World Land Grab By Corporations

September 2, 2009

In the past six months, big players in the global economy have grabbed 50 million acres of arable land, from Africa to Southeast Asia.
Stop me if you think you’ve heard this one before:
Investment banks, sovereign wealth funds and other barely regulated financial entities in search of fat paydays go on buying binges structurally adjusted to maximize their earnings reports and employee bonuses, while simultaneously screwing their business associates and everyone else in the process. It’s all done in near-total secrecy, and by the time everyone finds out about it, they’re already in the poorhouse. Read More

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