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“The US used to have a major soy bean market. We lost that because China retaliated to U.S. tariffs and imposed a 25% tariff on American soybeans. By the end of 2018, U.S. soybean sales to China had plummeted by 94% . We ended up spending a fortune subsidizing farmers. The soybean business in the USA has never fully recovered and China still gets most of its soybeans from Brazil now.”
Please share where you got 94%. Soybean exports to have been 29 MMT +/- 4MMT per year since 2010. Exports fell to a low of 8 MMT in 2018, rebounding to 32 MMT in 2021. It is true China has increased soybean exports from Brazil each year since 2010, in large part due to favorable currency exchange rates, Chinese investment in Brazil and China’s policy of diversifying key import sources.
Soybean exports to China have never been more than 1.5% of total US Soybean exports since 2010.
My export numbers are estimates based on USDA, Chinese customs, and trade data.
I wouldn’t call Trump’s politics pro Russian, more like pragmatically cautious with a guy who despises the west and has his finger resting on a GO button to the second largest nuclear arsenal on the planet.
I am interested in how you would contain Putin. Care to share?
Speaking of news, how did you like the in depth coverage of Space recovery of the two astronauts? From liftoff to splash down, 24/7 coverage of the recovery. I really loved the details about Elon Musk working with NASA to put the US Space Program back on track.
I’ll take Things you will never see in the MSM for $500.[quote quote=9963]https://genuinerealist.substack.com/p/welcome-to-universal-university One of my excursions in thinking outside the box.[/quote]
I don’t think it is that far fetched. With a growing number of online courses and degrees, this could be a reasonable alternative to traditional college education.
“I don’t understand how anyone can support a bill that would give Donald Trump the opportunity to fire another 25,000 veterans and take away nursing home spots from tens of thousands of seniors, all so that the Republicans can give $4.7 trillion in giveaways to billionaires and billionaire corporations,” Warren said before the meeting.
Bless her heart, that Liz Warren can sure check all the boxes.
Harris grilling Brett Kavanaugh during Senate Confirmation hearings was almost embarrassing. Watching her and Mazie Hirono was like watching a couple of Chihuahuas taking on a grizzly bear.
[quote quote=9832]It’s going to be tricky, but it needs to be done. Otherwise, continuing descent into mediocrity.[/quote]
Tricky is an understatement. Timing is everything, and I don’t believe Trump will be able to pull it off without tanking the economy in the near term. There are too many levers to pull with exact timing needed to balance tariffs, re-shoring manufacturing and reduced government spending and keep the economy moving.
From eliminating everything from grants to programs that actually reduce cost for the consumer, I believe we are in for a bumpy economic ride.
https://www.cato.org/blog/high-costs-eliminating-de-minimis-shippingSure, go all in to against a despot who has a finger on the trigger of the worlds second largest nuclear arsenal. Makes sense to me…..not.
I see different outcomes than you do. Would Putin go nuclear? The possiblity exists.
If Putin perceives that Ukraine’s advances, combined with Western support, threaten Russia’s control over occupied territories (especially Crimea), he could escalate drastically rather than accept defeat.
A significant loss in Ukraine would weaken his grip on power domestically. Given Russia’s history of leaders being removed after military failures, he may consider extreme measures to prevent regime collapse.
Putin has repeatedly used nuclear threats as a deterrent, signaling that Russia might use tactical nuclear weapons if NATO intervenes directly or if Russia’s territorial integrity (including annexed regions) is at stake.
Russian military doctrine allows for nuclear use in the case of an existential threat to the state. Although Ukraine does not pose a direct threat, Putin could frame a potential defeat as such.I’d be interested in your thoughts about the latest move to end the war. Trump has re-arranged the pieces. Brilliant move or flawed strategy?
[quote quote=9822]https://x.com/Jon_Hartley_/status/1894618791981515002 Sigh. At least some people wanted to hear the speaker. Also, protesting Larry Summers of all people? Why didn’t anyone simply take the mic and give this woman a verbal beat down?[/quote]
She was checking all the boxes. Corporate oligarchy, Elon Musk, blah blah blah.
So much for the idea Stanford admits deep thinkers.
Don’t know much about Frisch, but he is too pragmatic for the Democratic Party.
Dems Having Major Buyer’s Remorse After David Hogg Starts Texting Them Outrageous Messages.
This is rich. I hope the Republican playbook includes rolling out clips of every Democrat in the last twenty years who complained about Republicans threatening to shut down the Federal government.
A fun look back in time…
- President Barack Obama expressed strong opposition to Republican tactics during the 2013 government shutdown, stating that a shutdown would have “a very real economic impact on real people, right away.” He attributed the shutdown to a faction within the Republican Party attempting to undo the results of the election through financial threats.
- House Minority Leader Nancy Pelosi referred to the 2013 event as the “Tea Party Shutdown” and described the House Republicans’ actions as those of “legislative arsonists.”
- Senator Bernie Sanders criticized the influence of wealthy donors on the shutdown, stating, “Right now, as we speak, in the House of Representatives there are people who are being threatened that if they vote for a clean CR [continuing resolution to reopen the government] that huge sums of money will be spent against them in the next election.”
During the Biden Administration:
- House Democratic Leader Hakeem Jeffries blamed Republicans for a potential government shutdown, stating that they would “own any harm” resulting from such an event.
- Senator Chris Murphy has been vocal against President Donald Trump’s efforts to overhaul the federal government, urging continuous activism to counter these policies.
- Senator Bernie Sanders criticized the administration’s extensive budget cuts, particularly those led by Elon Musk, highlighting the detrimental impacts on social welfare programs.
- Representative Angie Craig introduced the MCCARTHY Shutdown Act, aiming to withhold congressional pay during shutdowns, as a direct response to Republican tactics.
Just a few examples of Democratic leaders condemning Republican strategies that involve leveraging government shutdowns during budgetary disputes.
