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CNBC: China suspending American Agricultural Purchases in Response to Tarriffs
- Thread starter Steel
- Start date
In the new bipolar protectionist world, the militaries are going to be the biggest winners. Let us get a new space race at least out of it.
China's ambitious plans for the Moon already kickstarted that.
Yep. I have no sympathy for them and their hate-driven, misguided voting - only fear for the economy as a whole.
Well, the typical conservative American should be pretty happy about this. Who wants foreign money anyway? American goods should be for Americans, not some colored degenerates on the other side of the world that don't even use dollars! USAUSAUSA!
You say this but there was an article just a few weeks ago about how farmers are making way more money in the poorly managed relief funds (like 2-3x what they would've made) that trump is giving out, basically you're paying farmers about 3 dollars from your federal taxes for every dollar they lose in the trade war with china.
They'll be happy to vote for Trump again.
Not sure I can support this Midwestern welfare state. These farmers taking handouts while us city folk struggle to pay rent.
Like, now would be a great time to join the tpp dude
It's explicitly stuff like this why we wanted to get into it
It's explicitly stuff like this why we wanted to get into it
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Hope they like saying that as the state repossess their land because those "colored people" stop buying their products, and end up living in cardboard houses.
Considering how much food is wasted in China and the world, I think they can be a bit frugal. The amount of resources that goes into world agriculture probably can feed the world multiple times over.
Well by buying from us, haven't they already been importing? It appears that they're just buying from other countries to replace what they were getting from the US by buying from Brazil and Russia.
And then that will be the end of it, dummy has no follow through at all.
they are only a bandaid. these farmers are potentially forever losing these markets or losing a significant portion of it to other countries who are filling the void.
Get fucked Soy farmers.
Ahhhhh dangit. This again? It makes sense. The first to complain about being on the gov'ts tit is always the one hogging it.
Ahhhhh dangit. This again? It makes sense. The first to complain about being on the gov'ts tit is always the one hogging it.
Posted this on FB. A former co-worker, who has family that are farmers in the midwest.
"A middleman will just buy the crops at a slight discount then, then sell to China, thus avoiding tariffs. It'll be fine."
"A middleman will just buy the crops at a slight discount then, then sell to China, thus avoiding tariffs. It'll be fine."
As long as major food shortages don't happen in either of those countries, it should work out for China.
It's just a bit of a precarious position
I think this covers most of it https://www.npr.org/sections/thesal...ation-is-over-paying-farmers-for-trade-losses
Gotta love that increased deficit that will be an anchor around any Democratic president when suddenly americans care about such things.
Just in time for the next president. Watch, if a Democrat wins, they will be blamed for the upcoming shit economy.
These dumb Trump farmers are going to get bailed out again. They will forget all their tough talk about personal responsibility and handouts.
Meh. You're buying lower and I'd assume you have a number of decades to weather these storms. My stuff is in 100% stock index funds but I have at least 30 years before retirement. So just letting it ride.
Nah, you can go fuck yourself, buddy. Go find your handouts elsewhere.
Xi is counting on Trump losing support and an election, something he doesn't have to ever worry about. I honestly think he'd let his people starve in the streets before he takes this L. Trump would probably do the same but doesn't have the timetable or the military-backed goodwill to keep people from rioting.
Funny, my country is on the negotations table about selling more to China now.
Dow Futures are back even to slightly up from being down nearly 600 points. Not sure with a spiraling out of control trade war, it's reacting positively now, but there you go. Maybe not another bad stock day tomorrow.