Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: smolejv@gmx.net who wrote (22758)	8/17/2002 1:28:21 PM
From: Ilaine	Read Replies (3) of 74559

Hi DJ - There are a couple of parallel universes here. I don't pretend to know much at all about Africa. So I'll come back to what I do know. In the 1920's, modern agriculture became not only possible, but relatively inexpensive, using machines and artificial fertilizer. In the US, 75% of the economy was involved in agriculture. Now less than 1% is, and we raise more food than ever. Food is actually cheaper now than it was then. But the dispossessed had a hard time becoming integrated into the non-farm economy, and lived in poverty because they lacked skills required for urban jobs. However, in the US, people are not "thrown of their land." They have titles to their land which are registered in county land offices. They may lose their land because they have mortgages which they can't pay, or taxes they can't pay, but we have special banks which make low cost loans to farmers and even farm subsidies. Still, many small farmers have had to give up because they can't compete with big corporations. That's sad, but it's the way it is. Just is. Perhaps the most revolutionary act imaginable is to establish an honest government.

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