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A comment on Oil Crash is Kicking Off One of the Largest Wealth Transfers in History. Parent comment

Re:Oil Crash is Kicking Off One of the Largest Wealth Transf... by vkou on Tuesday February 02, 2016 @11:55AM (#11020611)
Their climate will become more arable... However, northern soil tends to be very nutrient-poor.

Also, the southern hemisphere will have no such recourse.

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Re:Oil Crash is Kicking Off One of the Largest Wealth Transf... by JoeAltmaier on Tuesday February 02, 2016 @12:12PM (#11020732)
True. But in modern agriculture, the soil is irrelevant. Corn in Iowa grows because of Anhydrous Ammonia applications. That's it. Eroded clay hillsides produce as well as (or even better than) black loam. So no worries there.
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