Monday, October 14, 2019

Steve’s Barking; A 90 billion purchase of agricultural products by the China πŸ€¬πŸ˜•

A 90 billion purchase of agricultural products by the Chinese in one year would be a disaster for the American consumers.
The Chinese in bought a little over 9 billion dollars in agricultural products in 2017 the year before the trade war!
So that being said if China was to purchase 10 times that amount, the American farmer would have an almost impossible task producing that much farm goods for them. The United States families would then have to complete with subsidized Chinese families driving up the price of farm products several times over.
The poor will starve. Even those who call themselves middle class will have a tough time buying food.
Think of all those fast food joints that will go out of business! I know there are some who think that’s a good thing.
 If the U.S. isn’t careful it will turn into the capitalist version of Venezuela.
 If one thinks that major firms wouldn’t be effected, think again.When the consumer has the choice of eating or buying electronic products what do you think they will buy.
😫😀😩πŸ₯ΊπŸ˜‘😾
It should read 40 to 50 Billion dollars

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