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Say what you want, and I know you will but....
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farmer4321
Posted 10/11/2018 20:26 (#7041382)
Subject: Say what you want, and I know you will but....


This stock market decline could be a blessing for crop farmers. With out passing judgment on the trump administration and Republicans' motivation or purported justifications for the trade war with China, this stock market sell off might just be the trick to save us from further disaster. Commentators have been very clear that higher interest rates and trade war concerns are the reasons for the sell off.
It might just be that the trump administration faced with an economy on the skids and a growing chorus of complainers (& a republican Congress scared to death) decides to cuts its losses and calls a truce with China. There's already a precedent, the trade war truce with Europe.
If that's the case, then maybe, just maybe, we could still sell them a few beans before Brazil's new crop comes in.
One can only hope, but that might just be enough to turn this whole disaster around. It would certainly bring a new perspective on the situation.
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