It’s incredible how poorly managed European energy is, can’t understate that enough. They put their neck on the chopping block in cahoots with Russia and it was very obvious for some time how vulnerable they have made themselves.
Fair point. I took a look at the government statistics, link below, there’s lots of data on export market destinations and import providers tabulated by country.
China is a number one through three export market for soybeans, corn, and cotton, among others.
Most of our ag imports come from Mexico / South / Central America.
In todays global economy everyone is very interconnected but I think it’s safe to say that food wise China leans much more heavily on us than we do on them.
https://www.ers.usda.gov/data-products/foreign-agricultural-trade-of-the-united-states-fatus/u-s-agricultural-trade-data-update/#Top 10 sources of U.S. agricultural imports of fruits and vegetables, by value
I’m not sure I follow? I see your point about the money being available, but we should also consider that this is a capitalist society we live in. Shareholders demand returns. The government should set some clear priorities aided by either tariffs, subsidies, or clear policy that doesn’t flip flop when the person and party in charge changes.
Uncertainty is the enemy of long term business investments.
I am doing my best to keep this non political
You need to come to an understanding of the geopolitical and macroeconomic backdrop of the situation. This metaphor reads a little defeatist to me.
It’s high time western countries stopped hollowing out manufacturing, resource extraction, and energy production and depending on unfriendly nations to perform those functions for us.
We will have to pay more for the privilege of increasing our manufacturing / commodity base. We also need to increase our global shipping fleet and stop depending on the Chinese companies like COSCO and China shipping for those functions.
The inflationary impact of the global response to Covid aside, I believe the above reasons are why inflation will not moderate in the near term. Additionally, the global deflationary force that was China manufacturing from the 80s to now will not likely recur. Their workforce has progressed to the point of requiring higher pay to remain competitive.
I watched the geminids meteor shower from wild willy’s hot springs one year, it was amazing. We were in the hot spring surrounded by snow and the stars were falling. It was the most active meteor shower I’ve ever seen.
Yea, I wouldn’t say Death Valley is a quick trip from Mammoth. I used to hang out in mammoth all the time when I lived in California. June lake loop is a fine idea, the beer at June Lake Brewing is tasty and the Tiger Bar makes a quality Bloody Mary.
If you really want to check Death Valley off your list you could try hiking telescope peak. It’s a long hike but gets up to 11,000 feet and you can look down on badwater basin. Highest top to bottom vertical relief in the states.
Take the lump sum, put half into SCHD and half into VTI. Investing a lump sum is usually better than a lifetime fixed payout because of the effect of inflation over time. When you invest your lump sum you can get dividends and capital growth.
Wild high elevation trout have such a short feeding season they usually slam anything you set on the water. I can definitely attest to that.
Usually they’re not too big (10” max) for the same reason.
He probably has a second fully remote job and is working from home to ease his tasks.
Half ass work on both but pulling down two salaries.
It’s quite popular these days.
Solid $2-3 of that is just California gas tax. That plus their requirements for special gasoline blends resulting in a limited supply to their market, which means they are trapped in a web of their own weaving.
The exports go out of the gulf coast down to Central and Southern America. Due to the hesitance to build out further pipeline and the protectionist Jones Act we do not have the capability or capacity to transport the excess fuel from the gulf coast over to the east coast.
The Jones Act requires that all goods transported by water between U.S. ports be carried on ships that have been constructed in the United States and that fly the U.S. flag, are owned by U.S. citizens, and are crewed by U.S. citizens and U.S. permanent residents.
We simply do not have that many American made, American crewed product tankers.