Posted on 05/27/2011 3:21:13 PM PDT by fightinJAG
URUAÇU, Brazil — When the Chinese came looking for more soybeans here last year, they inquired about buying land — lots of it.
Officials in this farming area would not sell the hundreds of thousands of acres needed. Undeterred, the Chinese pursued a different strategy: providing credit to farmers and potentially tripling the soybeans grown here to feed chickens and hogs back in China.
“They need the soy more than anyone,” said Edimilson Santana, a farmer in the small town of Uruaçu. “This could be a new beginning for farmers here.”
(Excerpt) Read more at cnbc.com ...
Special thanks, go out to Bent Bill Clinton and GW Bush for these enriched Chinese running loose.
Meanwhile, we sell everything to the blankin’ chinese...
There is sort of a warm fuzzy feeling about this. We have debt to worry about but China could become much worse off. They could be facing starvation! Food for debt?
Foreclose on the US we have plenty of land.
One needs to be really better informed. The rate at which the World is changing is really alarming.
China is no Soviet Union but potentially more dangerous.
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