Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Raymond Duray who wrote (33576)	5/12/2003 9:45:10 AM
From: Joan Osland Graffius	Read Replies (1) of 74559

Raymond, >> The following are some of the more acclaimed books and critical websites on the subject of globalization and its real meaning for the planet. My conclusion? Globalization is going to be real mean. I agree that globalization is going to be difficult for a lot of industries including food production. It will be a battle of cost of production and survival. Food is an interesting commodity as the human requires it for survival and at the moment we are seeing populations in some parts of the world upgrading their food intake. For example there used to be a chicken in the Chinese pot once a year and now some of the population has chicken in their pot each day. At the macro level farming in the US is a mature industry and will not grow. You can look at the actions of ADM and Cargill closing down their plants in the US over the last decade to the point where they will meet the local demand with a profit. They are opening plants in China and elsewhere to meet demands where growth is occurring and cost of production is cheap.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next