He's not done yet.

Consumer products...while the economy spins into recession and the coup de grace of loss of US dollar as worlds reserve currency

Putin is laughing his ass off

That article said that the pork loss is $360 M. Then you get the farm equipment expenses, like you said.

States with large exports...as we know, the farm vote heavily favored trump. Tariffs cut in our exports AND is a tax on what we consume. So loss of market share will be huge as almost everything we sell can be bought elsewhere while the stuff we buy can't be produced here for years...as no means of production exist..at the moment

you've laid it out.

Just from reading around, it seems like most of the Ag Boards are being realistic about the losses (warnings) but a lot of the farmers still support trump.

I think a lot of the Ag tariffs don't take effect until July 6 so the farmers were still confident trump's policies wouldn't hurt them.

But there's so many moving parts that change from day to day, trump's signature move.

for the moron had to suffer under his policies and those who didn't would not? I know it is a dream.

Last edited Mon Jun 18, 2018, 09:53 AM - Edit history (1)

They meant to say: "Cost of tariffs begins to add up for Iowa farmers."

When the US cities cannot feed nor house their populations, & the producers from the Midwest, Southern & Northern Plains States becomes a tariffed wasteland , will the US debt held by foreign countries be called in?

China could sell their bonds to somebody else, they could stop buying new bonds, but the holders of treasury notes don’t have an option to demand immediate repayment for the remaining principle.

China has been diversifing their holdings.

seems like a losing strategy. instead they are doing what is always done in trade wars: retaliating with tarrifs.

...the only silver lining in the Trump win is that he will fuck the people who voted for him.

it's a shame they chose to do it the hard way.

It is one of the reasons they are idiots.

That's one purpose of fascist propaganda like Faux News - to pump up false pride......

"Fools can count on getting what they deserve."

The people who voted for Trump are about to receive the rewards of that decision. Alas, so will the rest of us. They say a rising tide lifts all boats. Well, the tide is going out and a lot of keels are about to touch the sea floor.

I used to think all we would need to do is survive four years until we can vote Trump out. Then a Democratic President could (as usual) pick up the pieces. I now think that he'll do so much damage to our economy and global reputation that it'll take years, if not longer, to sort things out.

When Great Depression Part Two strikes, we'll all be suffering together. The galling thing is that Trump supporters will blame it all on the Democrats and keep right on voting for the GOP.

It's fucking infuriating, but this is the reality of 2018 America. We could have had President Hillary Clinton, but... her emails!

He enabled that orange buffoon.

The nut-cuttin' Iowa farm girl (and feckless runt).

Fuck ‘em.

Donald recommended defaulting on the national debt.

Negotiating with the creditors to take less money.

Don’t forget that much of America’s debt is owned by Americans, not just the Chinese and other foreigners .

Donald Trump's Glorious Threat To Default On The National Debt Is Just The Conventional Wisdom

https://www.forbes.com/sites/timworstall/2016/05/07/donald-trumps-glorious-threat-to-default-on-the-national-debt-is-just-the-conventional-wisdom/#59ab980ca367

So sorry the Heartland got suckered by a New York City Casino Hustler. They shoulda seen it coming a mile away.

* aka republican Draft-Dodger-in-Chief

I feel for the ones who didn't vote for Trump. And the farmers, who will be the ones to take the hit. But that will have a snowball effect throughout the state. Many small businesses depend on those farmers as customers.

These people allowed their hatred of others - women, non whites, immigrants, non-reich wing Christians, etc - to override their common sense and voted the orange idiot into office. Along with groupies in Iowa's legislative and executive branches. It's to the point that I'm thinking of leaving Iowa once I'm done with school. Heck with these people. They made their goddamn bed by voting GOP and now it's time for them to lie in the fucking thing.

"Elections Have Consequences".

.

Thank's Obama!

.

Agrarians are basically rural ignorant jackals.

They have been after Macron for every little thing.

The farmers deserved LePen*. Let them see how they do without access to the common market.

*In no way did I want to see LePen win.

There once was a time when I would feel great sympathy for these folks. No longer.

They were warned time and again the Trump was unqualified and incompetent but did they listen?

So -- let 'em go broke. Let 'em go broke, let Archer-Daniels-Midland buy up the farm that has been in their family for five generations then pay them minimum wage to manage it.

Post the clip from Blazing Sattles about rural folks!

Which I kind of am.

steeply rising healthcare costs, increased prices of food, machinery, clothing, and other necessities due to inflation and tariffs, and increased cost of borrowing hits them.

Of course, that will be right about the time our guys regain power to clean up this mess, and then they will REALLY start blaming Democrats.

......

you voted for that damned fool and got us all into this mess...now take your medicine...