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To: Sherman Logan
*I'm curious. How did you get either of these from the article?*

from this:

The other: How could it possibly make economic sense to ship a bulky product such as alfalfa hay 7,000 miles to China?

The answer, said Zhang, involves the enormous U.S.-China trade imbalance. Because China ships so many goods to West Coast ports,

without an 'enormous...trade imbalance' there wouldn't be all those empty container ships offering large discounts for China-bound freight. It's only because of the large discounts that exporting alfalfa becomes profitable. Foreign demand drives domestic price.

21 posted on 06/28/2014 4:49:47 PM PDT by blueplum
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To: blueplum

And now we are getting to the nut of the problem: how high do you think we should raise taxes on ourselves so that alfalfa farmers can charge us more for their product?


24 posted on 06/28/2014 4:52:41 PM PDT by 1rudeboy
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