Trump’s Trade War With China Is Already Changing the World

The Atlantic ^ | Jun 25, 2019 | Michael Schuman

[central_va]

I am not suggesting this should happen but the entire agriculture industry could collapse completely and we would still have a net positive GDP growth for the year. That is how insignificant it is.

[Vigilanteman]

Beyond the real possibility of starving to death should that happen are the multiplier effects of what would become of farm machinery, processing and distribution (just to name three examples) which makes their living off agriculture.

Sort of like the Faux Americans in big cities who think people who work in flyover country (IOW, us deplorables) are some sort of parasites living off their more important labors. The reality is that the exact reverse is closer to the truth.

[central_va]

No you don't get it. Agriculture products are just raw material which can be purchased on the open market. Processing food is NOT agriculture.

What Is Agricultural Business?

Agricultural business, also known as agribusiness, is the farming, management, production, and marketing of agricultural commodities, such as livestock and crops. The agricultural business field includes resource management, farming, conservation, ranching, and sales. As technology has progressed and markets have become increasingly global, agricultural business has developed to meet and solve high-tech farming needs and problems. Schools offering Landscape Design degrees can also be found in these popular choices.

[Vigilanteman]

All of which works well only so long as there is free trade and safe and open transportation routes, whatever they may be-- oceangoing vessels, railroad, trucks, oxcarts . . .

There are scores of examples throughout history where people starved to death with plenty of money and trade goods, sometimes entire cities and civilizations.

[Springman]

Bump.

[Revolutionary]

Bingo! The tariff naysayers don’t really understand tariffs in the modern world. It is not a bilateral static situation. Other countries lay in wait for the business the chinese now enjoy. The Chinese are subsidizing their prices to keep what business they can.

[Sam Gamgee]

Most definitely is and you have to be a fool to ever want to do business there

[Sam Gamgee]

Most definitely is and you have to be a fool to ever want to do business there

[Sam Gamgee]

Which is why I eventually rejected libertarianism

[Sam Gamgee]

But forget their promise that China would reform itself

[GOPJ]

I still am astonished that only a few ever analyse China as a hostile nation.

I suspect China's greased hands in Washington... Our 'public servants' go to DC as middle class Americans - and within a few years most of 'em are multimillionaires...

[Sam Gamgee]

I agree that Russia is a threat. But see China as a greater threat and just puzzled why no one calls it that way.

[Sam Gamgee]

Yeah how did Gore become a multi billionaire?

[central_va]

You could make the same argument about manufacturing and war fighting ability. But you won’t listen....