Posted on 12/25/2021 11:11:46 AM PST by Eleutheria5
I can see, then, China’s yen for imperialism. It’s rational. They need open land, and they’re too crowded to farm China itself any further.
The dairy farms I worked back then were under siege from the EPA. One of them was selling of its stock and parceling out land into horse ranches for rich people, because they couldn’t take the open hostility of the government for dairy farmers in Florida.
But in Namibia, you have malaria, tzitzi flies, irate locals and predators, unknown diseases, etc. Oh, well. It’s their funeral. Let the sun never set on their empire for a while.
China owns so many farms and food companies in America, and they continue to buy more.
Half the grain is VASTLY different than half the food supply. Half the grain is believable, and probably still less than 5% of the food supply. Half the food supply is a lie.
Funny, most of what you post to me supports me and debunks you.
Nikkei didn’t say they haven’t grabbed a huge hunk of other commodities. Their story was focused on grain.
Do you honestly think that to purchase half the global food supply a Chinese agent goes up to some trading house called “Food Supply R Us” and says, “Hi. I’d like half of all you got. Thank you very much.” And he says, “Wah, shore, pardner. That’ll be eleventy billion dollars. No personal checks. Gotcher ships ready for loading?” Agent: “Of course, stupid American. Here is gold bullion enough for it all.”
Half the food supply, as I said, is not a static amount, and is not purchased all at once. In normal years, China uses 20% of the world food supply. They have 1.25 Billion population. Some of that they grow at home. The rest they purchase from various countries, among them Australia, the United States, Israel, South American, European and Asian nations including India. During the pandemic, restaurants, hotels and cruise ships were closed, air travel almost stopped completely, and all the food produced for those outlets had to go somewhere. Some was dumped en masse. Some China bought on a large scale. But it was not all bought at once, but piecemeal, and trending in a direction in excess of their normal purchases. So basically, they purchase 150% more than they usually did of food of all kinds from grain markets, livestock markets, dairy markets, perhaps initially on paper at the Chicago and New York commodities exchanges. At the end of the day, after perhaps two years of accelerated purchasing, they had 50% of the world food supply, but only until the next harvest cycle. So first Gravitas twigs this extraordinarily large purchase. Then Nikkei finds out about the grain purchases and its effect on the grain market. They have their sources.
A word about Gravitas. They are based in India, and they know what goes on in Asia and are well-informed. The hostess of Gravitas is in some ways a total leftard, decrying how much “mis-information” Big Tech allows to circulate, and the horrible danger of the Omicron strain. But when it comes to Asia, she knows what she’s talking about, especially China, whom she regards with good reason as Public Enemy Number One.
Finally, you again pontificate. Grain is in everything, in breakfast cereals, bread, cake, pasta, beer, whiskey... It includes rice, several varieties of wheat traded separately and with different seasons, millet, rye, maize, buckwheat, kinua, barley. There is no way that 50% of the world grain supply is 5% of the world food supply. And there is no way that they only purchased that amount of grain without a commensurate volume of other purchases in fruits, vegetables, meat, dairy.
Go look up the Archer Daniels Midland commodities brokerage, which deals in everything, and do your own research.
And once again by saying how complicated it would be to get half the global food supply you make my argument for me. Reread your own posts. They explain exactly why I told you it’s not possible and your source is a liar.
Oh. It’s complicated. And since you have trouble figuring it out, therefore it can’t be done.
I know what I wrote, and my conclusion is that it can happen, probably had to happen, and it’s no big deal. No major economic upheaval occurred as a result. In fact, the Chinese massive purchases probably helped avert a major agricultural disaster.
It’s verifiable by data from the commodities exchanges, all of which can be obtained from ADM, which tracks fundamentals, either on-line or by asking. Go ahead. Make my day.
I can figure it out. I can figure it out well enough to understand why it’s impossible. For the reason I listed AND the reasons you listed.
You don’t actually know what you wrote. You’ve debunked yourself. And you’re too stupid to understand that.
Goodbye.
OK. Now you’re getting personal. But I make allowance for that mule kick on the head you got as a tot, so I’ll pocket the insult.
You have yet to list a reason. I explained to you very clearly that
1. No hold on a large percentage of the food supply can be permanent, unless you stop all food production. So so much for the cataclysmic world famine that you think that that would entail.
2. In 2000 and 2001, all the food production would have gone to waste on account of the pandemic shutdowns, destroying large industrial farming and ranching operations. In this context, the large buy-up of food by China would be a godsend. It probably kept agriculture in the US afloat.
But the proof is in the pudding. If I’m too “stupid” to understand the “reasons” you list, perhaps others are too, and you could explain them in plain English. But you could do better than that, and go into the trading archives that ADM and others keep and prove conclusively that 2000 and then 2001 were business as usual in the agricultural sectors, as show in the charts of pricing and volume, and market news ADM keeps, as recorded from the trading floors of the Chicago and New York exchanges. As for me, I’ll be happy to stand by Palki Sharma Upadhyay’s conclusions. She knows more than you about China, and the goings on in Asia altogether. And you are plainly ignorant of the basics of agricultural commerce. 50% of global grain is only 5% of the food supply indeed. Go soak your head in soybean futures. Not the oil, mind you.
Look you just debunked yourself AGAIN.
Really. We’re done. You can have the next post, I ain’t reading it. If you can keep posting explanations why you’re wrong and not realize you’re wrong you are worthless.
Goodbye
Good luck
Have a great life
“In 2000 and 2001, all the food production would have gone to waste on account of the pandemic shutdowns, destroying large industrial farming and ranching operations. In this context, the large buy-up of food by China would be a godsend. It probably kept agriculture in the US afloat.”
Correction. Much of the food production would have gone to waste, possibly in the neighborhood of 50% or more. Hard to quantify a conjecture. But of course not all.
“Really. We’re done. You can have the next post, I ain’t reading it. If you can keep posting explanations why you’re wrong and not realize you’re wrong you are worthless.”
Lay off the sauce. It clouds your judgment. If you won’t explain yourself honestly and you must turn your dulled wit towards personal attacks instead, then GBYS.
OK. Here’s the next next post. Why I’m right. Because China buying up the surplus pork, beeves, etc., was inflationary. Going nuts on the surplus pork, beeves, etc., with an AR15 and leaving them to rot in a landfill would have been inflationary. Farms going out of business and the farmers hanging themselves after killing off their families with an axe would have been inflationary. A decrease of supply due to lack of demand followed by an increase in demand but with no supply any more all would equal inflation. And yes, Foe Jiden spending like a drunk sailor exacerbates that inflation. And China, because it bought up enough food to temporarily equal 50% of the global supply equals inflation, with the additional downside that the third world countries are also without their usual suppliers, because China can afford to pay more. It’s not the dire end of the world that you think would follow as sure as night does day, because that supply renews itself on a regular basis, so their 50% hold on supply cannot last. But it sure f@#$s a lot of third-world people over in the interim. And there I rest my case.
Respond if you can with logic and persuasion, or another ad hominem if that’s beyond you. Or don’t say anything at all, per your promise. I don’t GAGS. I’m not explaining this for your sake, but for that of any interested observer. Our exchange is over, per your promise. Wish I could say it’s been as much fun as a drunken brawl with a one-armed retard, but it hasn’t.
Recent floods and power outages have played havoc with their ill-gotten stores.
Gosh. What a shame. I guess they’ll do more aggressive buying of land and produce.
I haven’t watched the Olympics in decades. I’ll not watch them extra hard now. Will Fulan Gong have a competition? Or how about Buddhist Monk Tossing? Uygher Rape? Hong Kong Protester Clubbing?
他妈的中国
Tā mā de zhōngguó
(Do something un-postable to China)
I remember the Hunt brothers. Their attempt to corner the silver market broke them. They didn’t take into account the hoards of silver held by private citizens, which came pouring out of closets and bureau drawers across the land when the price of silver soared, not to mention the government intervention which changed the rules to their serous disadvantage.
China doesn’t GAGS. They’re going to invade Taiwan, and kill off the Uyghurs and Tibetans, as well as a bunch of other ethnicities we’ve never heard of, and build their belt and road, and a big stockpile of food is necessary to pull it all off, war or no war, sanctions or no sanctions. The fact that they may make the gueh suffer inflation and/or starvation is just icing on the cake. And you had better damn well watch their genocide Olympics, or Xi’s cronies will rape another tennis star and then disappear her.
Gotta go out and do my T’ai Chi and Bok Mei Pai routine, preparatory for bed. Good night, Hwahwei. Pleasant surveillances.
Bump
Do you really think that’s true? I don’t. Almost all of our food supply is now imported, I don’t even think most of the meat in grocery stores is processed here. There was a time when stores had to post where food came from, but now they rarely do. But if read packages- almost everything is imported- even fresh and frozen fruit and produce. This us a very precarious place for a country to be in- relying on other countries for our basic needs.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.