Last edited Sun Oct 5, 2025, 12:57 PM - Edit history (1)
Soybeans are a commodity. They are a low value product and 100% fungible. Beans from Canada. Beans from Argentina. Beans from Iowa. It makes no difference. They are sold on a global market and nobody gets a price premium. We have no added value. They are just beans. If Trump sends billions to Argentina to help them sell their beans to China at the same time Trump puts tariffs on our own farmers, it isn't just the farmers that get screwed. The taxpayers foot the bill for Argentina, and then the taxpayers will have to bail out our farmers. Meanwhile, China pays no tariff and they get the beans at the cheapest prices ever.
And while the American taxpayer is paying for all these benefits to China and Argentina, China is continuing to advance in all the areas that are NOT commodities. Asia is rapidly taking over the global automotive market. They already dominate in chip production. They already dominate in wind turbines, photovoltaics, and batteries.
The US is the leader in crypto scams and building giant data centers for AI, regardless of whether these will ever be needed or productive.
We are losing our first world status right before our eyes, yet nobody seems to notice.
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