Posts Tagged ‘produce’

Russia to ban imports of foodstuff

Posted by Troy on 8th August 2014 in Current Events

That’s their big ace in the hole then?  Oh, don’t get me wrong.  I’m from Georgia.  I know that cuts on imports will hurt our economy (in the short term).  But here is how this plays out:

In the short-term, the Russians have less food and have to pay more for it.  Americans have more food and have to pay less for it.

Since there is now a food shortage in Russia, other producers of food will start to ship more food there to make higher profits.

Shipping food to Russia means they are not shipping food to other places.  These other places will need food.  Guess where they are going to go?  America.  Why?  Because they have a surplus and the food will be cheaper.

Way to go Russia in proving, yet again, that you’re still basically a third rate power in this world.  If that is your big, economic ace, you suck.  The only product you have of any worth is oil.  You have nothing to fall back on.  This is the case of a bluffer playing a game.  It’s just that all the world powers are too chickenshit to call him on it, so he will probably win.  Oh well.  Sorry Ukraine.

Long Live the Constitution!