Can't help but compare this to the uprising in the Middle East over the last months. Sure, the motivation is different, or even incomprehensible in the case of London. Still, they're both begging the question "why now?" and they exhibit characteristics of a highly contagious epidemic, where the original reasons are almost irrelevant. People frustrated for all sorts of different reasons find the opportunity to express violently their anger with much less fear of repercussions than usual, mostly thanks to their sheer number and decentralization. It's fascinating (or scary, depending how close you are).
Scary absolutely, no matter your location. The factors that seem to be setting them off exist in most technically wealthy countries. This should be troubling for anyone who lives in an area with masses of unemployed young people.
Indeed there might be some parallels, especially the fact that the London events started as a peaceful legitimate (to my mind) protest, that has been hijacked by vandals/thieves.
But the parallel stops here; most of the gangsters in the Middle Eastern protests were government stooges that got outnumbered by the civilians and consequently fizzled out.