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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.95-0.8%4:00 PM EST

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To: Maurice Winn who wrote (76261)7/12/2011 6:37:44 AM
From: elmatador  Read Replies (1) of 217742
 
MQ all over the world food is usually taxed. Taxes on food imported is the norm to encourage the rural communities to produce food locally. Countries want self sufficiency in food, a rfelic from the times there was no globalization and we had warring nations instead of trading nations, you know, the times when the Anglos ruled.

Today, people want to eat better. Countries can sell lots of food to pay for the things they import. Not all countries print money to pay for their imports, mind you.

Brazil Loans US$67 Billion To Farmers At Zero Rate. "The purpose of the Plan is to consolidate Brazil as one of the major food producers in the world, guarantee domestic supply and increase exports which already represent 40% of all of the country's overseas sales", she said.
Message 27446760

What China wants is for people to stay in the farm and produce cheap food to subsidize the urban folks.
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