Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss
by nwallin on Friday August 16, 2019 @10:38PM
(#20721613)
Historically.
Food is a global commodity and is largely fungible. If every farmer in the US went bankrupt overnight we could easily sustain ourselves by importing food from everywhere else.
Famine is really only a possibility in crushingly impoverished (much of Africa) or criminally mismanaged (Venezuela) economies. The potato blight was a secondary cause of the Irish potato famine, the primary causes were poverty and (English) government incompetence. (or malice, if you prefer) The United States has nothing to worry about.
Food is a global commodity and is largely fungible. If every farmer in the US went bankrupt overnight we could easily sustain ourselves by importing food from everywhere else.
Famine is really only a possibility in crushingly impoverished (much of Africa) or criminally mismanaged (Venezuela) economies. The potato blight was a secondary cause of the Irish potato famine, the primary causes were poverty and (English) government incompetence. (or malice, if you prefer) The United States has nothing to worry about.