Let me clarify it for you then (metaphor aside). I sell my house for a profit (cause I bought it cheap 9 yrs ago) someone like else buys it, hence the house payment. Hope that is much clearer now.
I'll agree, but you noticed my point, our food exports can never be denied, we export garbage in major sense, but food is our primary export no one can deny. You cannot deny that.
Many many many countries depend on food exports from the USA, if those countries get cut off then it trickles down to countries they export, and so on and so forth. The US is not the USSR where the world would rejoice, it would be horrible for all countries. Well, maybe China would be happy
So wait genius you mean to tell us that if the USA did not exist the whole world would be starving to death? WTF! You really think highly of yourself don't you without giving much credit to the rest of the world. Do you really believe that the world revolves around US?
Do you really think our food exports will be enough to save the country from the decline of the dollar? I don't know about that one. That is a very long shot. Damn, this is a heated debate, I laughed when I read that one.
Typical reply by a person like you, many countries are built around the exports they recieve, many countries cannot produce enough food to substain their own populations, hence they import food. Lets take a look now, if the largest food exporter and producer in the world "falls" and exports stop, the first hit countries will be ones that depend on major food imports, than trickle down to where they cannot purchase other imports from other countries, so on and so forth. Its called the domino effect, something you apparently aren't familiar with. Why do you think as the euro GAINS money it actually still costs MORE to buy stuff in that country, nothings cheaper for anyone.
Man who told you that ? I can't believe this ignorance. DP just keep surprising me.... Bring on some countries for example that will die because US will not deliver food ?
Yes & No, I'd rather say it would help keep us a float during bad times, we might even return to barter trading goods, who knows, you can't deny the fact that we feed a majority of the world and they need us in tact.
Than please educate me and take me through a worst case scenario with realistic examples and expectations. Say our dollar goes to hell, you have no more money left in the bank or if you do is worth nothing and you are forced to SELL your exports for .10 euro cents, how does that effect the rest of the world and how does it affect you.
Excuse me but where do you get this shit ? In some bar maybe ? Any source for your claim ? Who exactly are you feeding Superman ? In some countries it is even illegal to import food from US .... 300M people feeding majority of the world my ass ... it is the other way around
This makes sense, especially for third world countries where the people are starving. But Iatbm has a point about saying some countries won't even allow our food to show up on their shores. Especially when you have companies like Monsanto that genetically alter food. Did you know Greece banned corn imports from the U.S. due to some ingredients Monsanto was putting in it? I would like to answer this one if I may. First off, if such a scenario occurs, the American Middle Class is finished, and the United States will become a second or third world country immediately. Americans, who will be extremely pissed once they realize their money can't buy anything, will riot, and the major cities will look very similar to LA during the 1992 Riots, or New Orleans during Hurricane Katrina. Bush, who has the power to declare himself dictator in such an emergency, may suspend the Constitution and the 2008 elections. He declares himself dictator for life, and after the government starts battling against the citizens, martial law is declared. Americans beg for a solution, and the government has a novel answer for them: THE AMERO. The Amero will then replace the dollar, and the weakened U.S. will then be merged with Canada and Mexico to form the North American Union, and the NEW WORLD ORDER will then basically be set in motion. The U.S. Constitution will be replaced with the North American Treaty, and all the rights guaranteed under the Constitution suddenly vanish. The Americans who are true patriots, who realize what is happening, will rise up and fight, and it will be them versus the U.S. government. States like Texas may secede from the Union, and we could actually have another Civil War. There is no limit to how bad things could get..........
http://www.nationmaster.com/country/us-united-states/agr-agriculture You'll love this part... The United States, India and China account for a third of all arable and permanent cropland in the world.
Actually they inherited one of the worst economies, and largest debts left in the wake of 8 years of Clinton... The debt increase is actually at a slower rate now than ever before... That and the deficit is and has been paid down at a higher rate than during Clinton's term.. All this, while a war is going on.. And with a reduction in taxes.. Imagine that... Facts don't matter to the two people that routinely tag team post doom and gloom in these forums.. Makes one wonder what other tag team games they are playing....
First, this could not all happen before Bush is out of office, thats pushing it a tad. The situation is NOT that bad and is actually being over done as usually by the media, just like they do with Iraq and Iraq and Terrorism. I'm just curious where you get your "hardcore" facts from, since the media can't be trusted. IMHO, has the dollar drops, it will actually make things in America "cheaper" and will produce "consumer spending", I already notice the cost of things going down in the food market and I live in Chicago, one of the worst taxed cities in America, also the reports of major shopping companies and such will be lowering their prices as well. This is a cycle that will correct itself.
Uhhh you need to drill down a little more? http://www.nationmaster.com/graph/agr_gra_whe_pro-agriculture-grains-wheat-production http://www.nationmaster.com/graph/agr_gra_cor_pro-agriculture-grains-corn-production I believe that if you where to take out the US exports all together from the equation of wheat and corn I think the world will simply correct and still be just fine. (Don't care about banana exports)