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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 457.82+1.3%4:00 PM EST

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To: TobagoJack who wrote (165497)12/2/2020 2:40:06 PM
From: sense  Read Replies (1) of 219660
 
China choosing to eat less... seems it is not nearly as much a problem for Australians as for Chinese ?

Good riddance to bad customers... is what happens in real markets. Trust is much harder won, again, having once been lost. That's just market reality. In two, three or five years time, Aussie farmers will be doing other things... and they will remember for a generation... ensuring China will have no easy ability to regain the benefit of that trade. China will have to find lesser quality providers... with inherent limits in potential capacity as well as lesser quality. Prices will rise, in one result, and supply will shrink along with the lesser quality.

Seems to me I predicted exactly this, as an inevitability, some years ago ? Go figure.

Mercantilism is inherently brittle. A few robber barons will come out ahead in good times. Everyone else is hurt, all the time, by purposefully destabilized and re-directed market flows. And, then, fortunes will prove to be lost as easily as they were made when fundamental market rules are violated.
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