I guess this explains my losses in my wheat fund investments.
But Deere is selling more equipment to Russia now.
Also Quote:
“The boom in Russia is attracting some of the world’s biggest trading houses, with Olam International, Cargill and Glencore investing into everything from silos to export terminals.”
I guess I might realign some of my agra funds around equipment suppliers who are selling products going to Russia.
But there is another side note to this.
The government (Obama regime) is changing the rules again, to take more money from folks like me who also invest in agra funds/commodities like wheat, corn, soybean, sugar...
I don’t fully understand it yet, but the tax consequences are getting more burdensome and they are even making it more difficult to invest in American grains. I hate them. Yesterday, I sold my sugar funds (at profit) just to have to get out. Our government is destroying America.
it’s russian redneck time
“Our government is destroying America.”
They are deliberately destroying the Middle Class, and bringing the control of the sources of great wealth into their political circle
As always, Leftists totalitarians are attempting to bring down any class of people who might resist their rule. “Class enemies” are anyone not loyal to the Party, who are not dependent on the Party for their very lives.
Uppity bourgeois middle-class types who think that they can have their own opinions, and have “rights” that protect them from coercion will be systematically impoverished, until they subserviently come on bended knee to the Government for their food coupons.
Even if the economy falls to one tenth of its previous size, and mountains of dead bodies are created, the Leftists will rule it completely, indulging their every whim, and living in the palaces.
Lenin said that taxation and inflation were the millstones between which he would crush the Bourgeoise (Middle Class, Professionals, Farmers, Small Business Owners). Modern Leftists have added regulation as a primary tool to transform society into an elite ruling class, and broad masses of powerless and dependent subjects.
It is all about consolidating absolute power for the ruling elite of the Left. Sweet sounding lies and misinformation are their main tools when they are weak, but when they become strong their repression knows no limits - piles of bodies become the norm.