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Something to Ponder: Is the Food Boom About to Burst?

Things could get messy, posits Serious Eats.

By Christopher Werner September 22, 2010

Is the food bubble about to burst? Possibly, says Serious Eats.

Despite my mind-bogglingly high Math score on the GRE, I very much consider myself numbers averse. Algorithms. Stocks… Right over the head.

Even so, I can appreciate where this Serious Eats post is going. In the write-up, the author, a Wall Streeter, contends that like real estate and the Dot Com era before it, the mega-industry that has become food is bound to belly up:

It’s my job to identify bubbles before they burst to protect my clients… Food has all the characteristics of a bubble. Anytime I see a trend with this much hype, noise, and emotional opinions, I say……‘It looks like a bubble, smells like a bubble, and tastes like a bubble’…Something tells me it’s peaking and it may blow up in our faces…"

I can’t tell you much about this Guy (that’s his pen name), but he’s right when he says the food world has totally ballooned in the past decade. Whether or not you agree the industry’s doomed, dude brings up an interesting point, and the comments that follow make for a good read. Check it out.

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