Chinese buyers booked at least 10 cargoes of Argentine soybeans after Buenos Aires scrapped grain export taxes, three traders said on Tuesday, dealing another setback to U.S. farmers already shut out of their top market and hit by low prices.
Chinese buyers booked at least 10 cargoes of Argentine soybeans after Buenos Aires scrapped grain export taxes, three traders said on Tuesday, dealing another setback to U.S. farmers already shut out of their top market and hit by low prices.
Someone wants to buy US soy farms for cheap.
That’s what I love about their stupid logic
The US economy was built and maintained because of the large number of middle class business people and small town business owners, farmers and workers … the little bit of wealth they generated for themselves helped to create a monolith of wealth for the ultra rich … the money trickled upwards.
Now they are set to destroy and decimate all those American middle class people and their little bit of wealth … it will be like shutting off the tap that supplied the ultra wealthy with all their wealth. On top of that, the new class and growth of destitute people everywhere will only become a net loss as you try to turn your country into an expensive police or military state that will constantly need financing.
Sure, the rich will be able to buy everything up for cheap … land, businesses, buildings, real estate, everything for a fraction of what it cost originally … but any savings they get will be lost on paying for security, police, even military as everyone everywhere start fighting for the little bit of scraps they can get because they’re starving.
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