The differences you point out are correct, but there are always many parts of the financial system under great strain and there are many perturbations and distortions in the workings of the financial system to keep things in a very fragile mode. The great amplification of debt through the use of derivatives is the number one scourge that threatens the system always. Any aspect of the markets where large sums of money are being manipulated through excess leverage represents a time bomb that can go off at any moment and when more than one segment of the financial world blows up, this can be a huge calamity in a hurry. So whether the food crisis is serious or not, there are many, many other contenders for being pressure points to drag down the economy and precipitate a financial crisis.
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