[nwrep]

We buy advanced electronics from them, they buy Soybeans from us. Makes sense for trade between a technologically advanced country (China) and a country which is primarily an agricultural supplier (US) to the high-tech economies of Asia.

[aSeattleConservative]

We buy advanced electronics from them, they buy Soybeans from us. Makes sense for trade between a technologically advanced country (China) and a country which is primarily an agricultural supplier (US) to the high-tech economies of Asia.

What would make more sense is to quit keeping a mass murdering communist regime afloat and bring American jobs home.

[nwrep]

I just returned from a trip to China. Flying from Shanghai and landing into JFK gave me the distinct impression of leaving an advanced country (immaculate transportation, well-behaved citizens, extraordinary service standards, polite English) to a third world country (USA) riddled with rude employees who do not speak good English, ill-behaved crowds, and filth everywhere.

[elpadre]

Maybe if we stopped the production of ethanol and sold the corn we would be better off.

[wildehunt]

Try to find freshly frozen soybeans or edamame for cooking in the grocery store. They are all marked produce of China.

[musicman]

Less Than $2.9k To Go!!
Just A Reminder
Please Don't Forget
To Donate To FR

[investigateworld]

I've been predicting this for a while. China believes the 2012 event is a swarm of meteors hitting the earth. They will buy up every food stuff they can get their mitts on before 2012. Remember Zero saying we would 'double our exports?'.

We will. Like a Third World nation. Cattle, lumber, hides and foodstuffs.

[Iron Munro]

Federal Government Financial Acumen:

• As of Dec. 31, 2010, the "Total public debt outstanding" was $14.03 trillion. That is 95.6% of 2010's annual GDP of $14.7 trillion.

• Interest on the debt was about $414 billion in Fiscal Year 2010.

• The US government subsidizes US agriculture with taxpayer money. The current payments are around $20 billion per year to farmers in direct subsidies.

• US agricultural products are then available on the world market for less than the cost of production. So every product sold costs the US taxpayer money.

• China (and others) purchase US grown food products and transport them across vast oceans for less than the cost of growing them, thanks in part to US taxpayer subsidies.

• Some of the money they save is loaned back to the US at interest rates above what our own government and banks pay to us for our savings.

• The feds then take more US taxpayer money to pay the interest on the money borrowed from China and other countries.

• China holds about 20% of the US debt so they receive about $80 billion a year in interest payments from the US.

• China's defense budget in 2010 is estimated at about $75 billion. So our interest payments essentially finance their military.

[1rudeboy]

We buy advanced electronics from them, they buy Soybeans from us. Makes sense for trade between a technologically advanced country (China) and a country which is primarily an agricultural supplier (US) to the high-tech economies of Asia.

Clearly, our soybean producers do not manufacture enough electronics. Maybe a Five Year Plan is in order. /s

[GeronL]

If this story came during a food shortage, there would be riots.