Did you guys see the video on rising food prices in China?
Exactly as I stated, China is leveraged to the hilt just like everyone else. They have westerner's disease worse than I thought. Look at how nice and modern the market is in the video. Could be any Safeway in CA.
All of the liquidity in their system is causing runaway inflation. the next step has to be to raise interest rates at some point and soon. The continued hope that the fed can engineer a soft landing is really comical. They have NEVER succeeded in doing this and this is the worst bubble I have seen in my life. Yes, far worse than the dot bomb. it's a worldwide greed fest. Everyone learned from the example of the USA.
But don't worry because DRYS is an island that will bend but not break under the force of the coming storm. Now click your heels 3 times and wake up.
MOO is an etf that deals in agricultural fertilizers and related products or services. The growing mouth for food across the planet and a shrinking acreage base of sustainable lands calls for higher yields per existing acreage.We cannot continue cutting rain forests.