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Like a centipede waiting for the other shoe to drop in [The Economy] thread

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    TryCatcherTryCatcher Registered User regular
    edited September 2019
    It can always be worse, like charging $1200 for a bunk bed in LA:

    Ron Galperin (D) is the Los Angeles Controller.

    Turns out that if the housing regulations and zoning laws are done by and for NIMBY assholes, housing gets expensive! Selling this as a "solution" is shameful.

    TryCatcher on
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    electricitylikesmeelectricitylikesme Registered User regular
    Couscous wrote: »
    What if we solved the homeless problem with concentration camps?

    https://www.washingtonpost.com/business/2019/09/12/trump-officials-tour-unused-faa-facility-california-search-place-relocate-homeless-people/
    A team of Trump administration officials toured a California facility once used by the Federal Aviation Administration this week as they searched for a potential site to relocate homeless people, according to three government officials who spoke on the condition of anonymity to discuss the private tour.

    President Trump has directed aides to launch a major crackdown on homelessness in California, spurring an effort across multiple government agencies to determine how to deal with sprawling tent camps on the streets of Los Angeles and other cities, officials said.
    The Washington Post reported Tuesday that the administration is considering razing tent camps, creating new temporary facilities or refurbishing government facilities as part of Trump’s directive on homelessness. The changes would attempt to give the federal government a larger role in supervising housing and health care for residents.
    Senior administration officials said that forcing people into new facilities was not under consideration, with one official telling The Washington Post: “We’re not rounding people up or anything yet. You guys in the media get too ahead of yourselves.”

    But remember, if you give any money to FEMA they might use it to create camps to inter American citizens when Oba...

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    MayabirdMayabird Pecking at the keyboardRegistered User regular
    It's always projection on the right. "Gay men are having sex in airport bathrooms! The government wants to round up millions of Americans and kill them in massive death camps!" They've always said who they are, and we should've believed them from the beginning instead of giving them any benefit of a doubt.

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    [Expletive deleted][Expletive deleted] The mediocre doctor NorwayRegistered User regular
    Couscous wrote: »
    What if we solved the homeless problem with concentration camps?

    https://www.washingtonpost.com/business/2019/09/12/trump-officials-tour-unused-faa-facility-california-search-place-relocate-homeless-people/
    A team of Trump administration officials toured a California facility once used by the Federal Aviation Administration this week as they searched for a potential site to relocate homeless people, according to three government officials who spoke on the condition of anonymity to discuss the private tour.

    President Trump has directed aides to launch a major crackdown on homelessness in California, spurring an effort across multiple government agencies to determine how to deal with sprawling tent camps on the streets of Los Angeles and other cities, officials said.
    The Washington Post reported Tuesday that the administration is considering razing tent camps, creating new temporary facilities or refurbishing government facilities as part of Trump’s directive on homelessness. The changes would attempt to give the federal government a larger role in supervising housing and health care for residents.
    Senior administration officials said that forcing people into new facilities was not under consideration, with one official telling The Washington Post: “We’re not rounding people up or anything yet. You guys in the media get too ahead of yourselves.”

    But remember, if you give any money to FEMA they might use it to create camps to inter American citizens when Oba...

    I assume you meant intern, but your wording is likely to get appropriate shortly, too.

    Sic transit gloria mundi.
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    MorganVMorganV Registered User regular
    Couscous wrote: »
    What if we solved the homeless problem with concentration camps?

    https://www.washingtonpost.com/business/2019/09/12/trump-officials-tour-unused-faa-facility-california-search-place-relocate-homeless-people/
    A team of Trump administration officials toured a California facility once used by the Federal Aviation Administration this week as they searched for a potential site to relocate homeless people, according to three government officials who spoke on the condition of anonymity to discuss the private tour.

    President Trump has directed aides to launch a major crackdown on homelessness in California, spurring an effort across multiple government agencies to determine how to deal with sprawling tent camps on the streets of Los Angeles and other cities, officials said.
    The Washington Post reported Tuesday that the administration is considering razing tent camps, creating new temporary facilities or refurbishing government facilities as part of Trump’s directive on homelessness. The changes would attempt to give the federal government a larger role in supervising housing and health care for residents.
    Senior administration officials said that forcing people into new facilities was not under consideration, with one official telling The Washington Post: “We’re not rounding people up or anything yet. You guys in the media get too ahead of yourselves.”

    “We’re not rounding people up or anything yet. You guys in the media get too ahead of yourselves.”

    Yeah, the "yet" at the end of that first sentence is doing a LOT of heavy lifting.

    "You can't be mad that I will shoot you. Despite me suggesting I will, pulling out a gun, loading it, and pointing it in your general direction. And having already done so to someone else already. Because I haven't pulled the trigger. Yet."

    Yes, I used a gun analogy, because that's the shit they defend too. Not a criminal (and therefore can't be restricted from having a gun) until they pull the trigger.

  • Options
    CelestialBadgerCelestialBadger Registered User regular
    edited September 2019
    Couscous wrote: »
    What if we solved the homeless problem with concentration camps?

    https://www.washingtonpost.com/business/2019/09/12/trump-officials-tour-unused-faa-facility-california-search-place-relocate-homeless-people/
    A team of Trump administration officials toured a California facility once used by the Federal Aviation Administration this week as they searched for a potential site to relocate homeless people, according to three government officials who spoke on the condition of anonymity to discuss the private tour.

    President Trump has directed aides to launch a major crackdown on homelessness in California, spurring an effort across multiple government agencies to determine how to deal with sprawling tent camps on the streets of Los Angeles and other cities, officials said.
    The Washington Post reported Tuesday that the administration is considering razing tent camps, creating new temporary facilities or refurbishing government facilities as part of Trump’s directive on homelessness. The changes would attempt to give the federal government a larger role in supervising housing and health care for residents.
    Senior administration officials said that forcing people into new facilities was not under consideration, with one official telling The Washington Post: “We’re not rounding people up or anything yet. You guys in the media get too ahead of yourselves.”


    "Yet"?

    CelestialBadger on
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    OneAngryPossumOneAngryPossum Registered User regular
    edited September 2019
    Negative interests have been tried elsewhere, so we wouldn’t be the first to do so. Japan a handful of years back, possibly the EU bank, some Scandinavian countries during the recession.

    Of course, the consensus I’ve seen is that it hasn’t worked in any of those cases, so. Good thing we’re capable of learning lessons from the past.

    OneAngryPossum on
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    OghulkOghulk Tinychat Janitor TinychatRegistered User regular
    Couscous wrote: »
    What if we solved the homeless problem with concentration camps?

    https://www.washingtonpost.com/business/2019/09/12/trump-officials-tour-unused-faa-facility-california-search-place-relocate-homeless-people/
    A team of Trump administration officials toured a California facility once used by the Federal Aviation Administration this week as they searched for a potential site to relocate homeless people, according to three government officials who spoke on the condition of anonymity to discuss the private tour.

    President Trump has directed aides to launch a major crackdown on homelessness in California, spurring an effort across multiple government agencies to determine how to deal with sprawling tent camps on the streets of Los Angeles and other cities, officials said.
    The Washington Post reported Tuesday that the administration is considering razing tent camps, creating new temporary facilities or refurbishing government facilities as part of Trump’s directive on homelessness. The changes would attempt to give the federal government a larger role in supervising housing and health care for residents.
    Senior administration officials said that forcing people into new facilities was not under consideration, with one official telling The Washington Post: “We’re not rounding people up or anything yet. You guys in the media get too ahead of yourselves.”

    This type of thinking has a lot of sway even with liberals in liberal cities

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    SanderJKSanderJK Crocodylus Pontifex Sinterklasicus Madrid, 3000 ADRegistered User regular
    The Eurozone has had negative rent for a decade. It was just lowered from -0.4 to -0.5 today.

    Though there are always a bunch of related but not identical interest rates, not completely sure it's exactly the same.

    It's basically a boon for exports, and those with debts (notably, governments), while hurting consumers and those with savings (notably, pension funds).

    The long term projection has been so bad for pensions has been real bad for years, and we're going to see cuts to current pensions this year as coverage rates are dropping below 105%.

    Steam: SanderJK Origin: SanderJK
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    CelestialBadgerCelestialBadger Registered User regular
    Oghulk wrote: »
    Couscous wrote: »
    What if we solved the homeless problem with concentration camps?

    https://www.washingtonpost.com/business/2019/09/12/trump-officials-tour-unused-faa-facility-california-search-place-relocate-homeless-people/
    A team of Trump administration officials toured a California facility once used by the Federal Aviation Administration this week as they searched for a potential site to relocate homeless people, according to three government officials who spoke on the condition of anonymity to discuss the private tour.

    President Trump has directed aides to launch a major crackdown on homelessness in California, spurring an effort across multiple government agencies to determine how to deal with sprawling tent camps on the streets of Los Angeles and other cities, officials said.
    The Washington Post reported Tuesday that the administration is considering razing tent camps, creating new temporary facilities or refurbishing government facilities as part of Trump’s directive on homelessness. The changes would attempt to give the federal government a larger role in supervising housing and health care for residents.
    Senior administration officials said that forcing people into new facilities was not under consideration, with one official telling The Washington Post: “We’re not rounding people up or anything yet. You guys in the media get too ahead of yourselves.”

    This type of thinking has a lot of sway even with liberals in liberal cities

    I think liberals in liberal cities want housing for the homeless, not concentration camps.

    Some of them are hypocrites and want the housing to be somewhere else but it's obvious that most homeless people would leap for joy being given the keys to an apartment, so there's no need to force them into a prison camp. That's only necessary if you are conservative and feel that poor relief has to come with punishment (the workhouse way of thinking.)

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    I ZimbraI Zimbra Worst song, played on ugliest guitar Registered User regular
    Couscous wrote: »
    What if we solved the homeless problem with concentration camps?

    https://www.washingtonpost.com/business/2019/09/12/trump-officials-tour-unused-faa-facility-california-search-place-relocate-homeless-people/
    A team of Trump administration officials toured a California facility once used by the Federal Aviation Administration this week as they searched for a potential site to relocate homeless people, according to three government officials who spoke on the condition of anonymity to discuss the private tour.

    President Trump has directed aides to launch a major crackdown on homelessness in California, spurring an effort across multiple government agencies to determine how to deal with sprawling tent camps on the streets of Los Angeles and other cities, officials said.
    The Washington Post reported Tuesday that the administration is considering razing tent camps, creating new temporary facilities or refurbishing government facilities as part of Trump’s directive on homelessness. The changes would attempt to give the federal government a larger role in supervising housing and health care for residents.
    Senior administration officials said that forcing people into new facilities was not under consideration, with one official telling The Washington Post: “We’re not rounding people up or anything yet. You guys in the media get too ahead of yourselves.”

    So we really are on track for the Bell Riots in 2024.

    Deep Space 9 was a documentary.

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    BogartBogart Streetwise Hercules Registered User, Moderator mod
    This is the economy thread, not the dump every awful thing Trump does here thread.

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    JragghenJragghen Registered User regular
    https://www.bloomberg.com/news/articles/2019-09-12/u-s-core-inflation-picks-up-more-than-forecast-to-one-year-high
    A measure of underlying U.S. inflation accelerated by more than forecast to a one-year high in August, signaling inflation was already firming ahead of fresh tariffs on Chinese goods this month that may push prices higher for Americans.

    ...

    Inflation may pick up further this month following the latest escalation in the tariff battle, as President Donald Trump’s levies on a range of consumer goods from China took effect Sept. 1. Late Wednesday, Trump delayed the next round of tariff increases by two weeks to Oct. 15 as the U.S. and China try to resume face-to-face talks.

    Details, breakdown, etc in the link. It mostly seems to be positive, minus healthcare costs, and may give cover for not dropping interest rates.

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    monikermoniker Registered User regular
    Core PCE: 2.4%
    PCI: 1.7%

    That is still so ridiculously subdued for where U-3 is sitting. Something is broken, but nobody knows what.

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    GoumindongGoumindong Registered User regular
    edited September 2019
    moniker wrote: »
    Core PCE: 2.4%
    PCI: 1.7%

    That is still so ridiculously subdued for where U-3 is sitting. Something is broken, but nobody knows what.

    I mean... we never recovered from the great recession.

    fredgraph.png?g=oQRD

    Its not believable that the rate of real potential GDP slowed down*. We are still in a financial recession and so seeing the low inflation that is a result of said recessions.

    *But it is a necessary result of how you have to run the math in order to have a consistent measure. Since anything other than an extrapolation of the running average results in calvinball where you kinda say whatever you want to say. So instead, long recessions have an effect of underestimating real potential GDP growth.

    Goumindong on
    wbBv3fj.png
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    OneAngryPossumOneAngryPossum Registered User regular
    I believe the use of negative interest rates (again, which appears not to work based off my reading) is meant for combatting low inflation or deflation. Good to see we can’t even apply bad ideas correctly.

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    JragghenJragghen Registered User regular
    Well, if my read of that is accurate, it's lower inflation than we wanted/projected.

    It's just higher than expected.

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    GoumindongGoumindong Registered User regular
    Another example. Here i have "GDP - GDP potential in millions of dollars" and "precentage change in GDP potential" ( %change * 100 in order to bring it to a scale you can read)

    I have played with the start/end dates a bit. Data goes to 1949 and GDP potential in 1949 was hugely increasing due to the end of the great depression and the spike in production from the war. If you start there it makes it look like there is this long term drop in real GDP potential growth. And there is maybe one there slightly but its otherwise pretty flat until the 2001 recession. And right as the data would start correcting itself from the 2001 recession the great recession hits and drops the bottom out.

    I have added a line equal to the average of the percentage growth in potential GDP... which is at 3.038%.(303.8 on our graph)

    fredgraph.png?g=oQTi

    Here is a google sheet with the data and a 10 year moving average of the GDP POT % change (which i don't know how to do in FRED and am too lazy to find such data or to make a graph in sheets)

    https://docs.google.com/spreadsheets/d/1bfSK1JM50VaktsZCuQGVEi4ve_2vZKy4zt-51CBx_gs/edit?usp=sharing

    Do note if playing around with the data that the average of the first transformation is not zero or close to zero but should be if you do as a percentage of GDP. Because GDP goes up the raw difference increases and this biases the average and i was too lazy to make it a % of GDP and get everything to a scale where it made sense even though that is the better way to conceptualize the data.

    wbBv3fj.png
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    JragghenJragghen Registered User regular
    https://www.reuters.com/article/us-usa-trade-china-soybeans/exclusive-ahead-of-trade-talks-china-makes-biggest-u-s-soybean-purchases-since-june-traders-idUSKCN1VX2ER
    Privately run Chinese firms bought at least 10 boatloads of U.S. soybeans on Thursday, the country’s most significant purchases since at least June, traders said, ahead of high-level talks next month aimed at ending a bilateral trade war that has lasted more than a year.

    The soybean purchases, which at more than 600,000 tonnes were the largest by Chinese private importers in more than a year, are slated for shipment from U.S. Pacific Northwest export terminals from October to December, two traders with knowledge of the deals said.

    The purchases were another indication that trade tensions between Washington and Beijing could be easing, after hitting a low last month when China suspended all U.S. farm product purchases in response to threats by President Donald Trump to impose more tariffs on Chinese goods.

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    KleinKlein Registered User regular
    Are they purchasing these soybeans in spite of the tarrifs?

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    MorganVMorganV Registered User regular
    Klein wrote: »
    Are they purchasing these soybeans in spite of the tarrifs?

    Yeah, the text "slated for shipment from the U.S. Pacific Northwest... from October" makes it seem like they're looking to either wait for the tariffs to be dropped, and if not, either eat the costs, or dump it back into the US market (which would depress an already depressed soybean market).

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    DevoutlyApatheticDevoutlyApathetic Registered User regular
    I have to read that as the assumption that the tariffs won't be there come shipment. Keep in mind that Chinese importers would care about what the Chinese government does, not Trump. (The two are obviously linked to an extent.)

    Anybody know what Brazilian soybeans are going for compared to American? If the price difference gets bad enough then the tariffs lose some of their sting.

    Nod. Get treat. PSN: Quippish
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    Captain InertiaCaptain Inertia Registered User regular
    They pay the tariff at arrival so the bet is China would have lifted them by then

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    JragghenJragghen Registered User regular
    https://www.nytimes.com/2019/09/13/business/china-us-soybeans-pork-tariffs.html
    A recent calming of trade tensions between the United States and China continued on Friday as Beijing said it would exempt some American soybeans, pork and other agriculture products from new tariffs, state media reported.

    The announcement was made after President Trump delayed the next round of tariff increases on Chinese goods until after trade talks that are scheduled for early October, and officials in Washington confirmed China had made its first major purchase of American soybeans in months.

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    DevoutlyApatheticDevoutlyApathetic Registered User regular
    Jragghen wrote: »
    https://www.nytimes.com/2019/09/13/business/china-us-soybeans-pork-tariffs.html
    A recent calming of trade tensions between the United States and China continued on Friday as Beijing said it would exempt some American soybeans, pork and other agriculture products from new tariffs, state media reported.

    The announcement was made after President Trump delayed the next round of tariff increases on Chinese goods until after trade talks that are scheduled for early October, and officials in Washington confirmed China had made its first major purchase of American soybeans in months.

    "So, uh, something like a quarter of our China pigs have died but in a show of magnanimity we'll let you sell us some of your pigs for cheap. Also, funny story, ya know Brazil, where we replaced all those soybeans we used to buy from you? Yeah, kinda on fire. So you can put some of those cheap soy beans on that ship as well."

    Nod. Get treat. PSN: Quippish
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    shrykeshryke Member of the Beast Registered User regular
    Jragghen wrote: »
    https://www.nytimes.com/2019/09/13/business/china-us-soybeans-pork-tariffs.html
    A recent calming of trade tensions between the United States and China continued on Friday as Beijing said it would exempt some American soybeans, pork and other agriculture products from new tariffs, state media reported.

    The announcement was made after President Trump delayed the next round of tariff increases on Chinese goods until after trade talks that are scheduled for early October, and officials in Washington confirmed China had made its first major purchase of American soybeans in months.

    "So, uh, something like a quarter of our China pigs have died but in a show of magnanimity we'll let you sell us some of your pigs for cheap. Also, funny story, ya know Brazil, where we replaced all those soybeans we used to buy from you? Yeah, kinda on fire. So you can put some of those cheap soy beans on that ship as well."

    Estimates of the actual numbers are apparently closer to 50% of their farming pigs are dead.

  • Options
    DevoutlyApatheticDevoutlyApathetic Registered User regular
    shryke wrote: »
    Jragghen wrote: »
    https://www.nytimes.com/2019/09/13/business/china-us-soybeans-pork-tariffs.html
    A recent calming of trade tensions between the United States and China continued on Friday as Beijing said it would exempt some American soybeans, pork and other agriculture products from new tariffs, state media reported.

    The announcement was made after President Trump delayed the next round of tariff increases on Chinese goods until after trade talks that are scheduled for early October, and officials in Washington confirmed China had made its first major purchase of American soybeans in months.

    "So, uh, something like a quarter of our China pigs have died but in a show of magnanimity we'll let you sell us some of your pigs for cheap. Also, funny story, ya know Brazil, where we replaced all those soybeans we used to buy from you? Yeah, kinda on fire. So you can put some of those cheap soy beans on that ship as well."

    Estimates of the actual numbers are apparently closer to 50% of their farming pigs are dead.

    That's scary. I was going from the last I heard. Ugh. I hate that this isn't bigger news because that is like a nightmare scenario.

    Nod. Get treat. PSN: Quippish
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    kaidkaid Registered User regular
    shryke wrote: »
    Jragghen wrote: »
    https://www.nytimes.com/2019/09/13/business/china-us-soybeans-pork-tariffs.html
    A recent calming of trade tensions between the United States and China continued on Friday as Beijing said it would exempt some American soybeans, pork and other agriculture products from new tariffs, state media reported.

    The announcement was made after President Trump delayed the next round of tariff increases on Chinese goods until after trade talks that are scheduled for early October, and officials in Washington confirmed China had made its first major purchase of American soybeans in months.

    "So, uh, something like a quarter of our China pigs have died but in a show of magnanimity we'll let you sell us some of your pigs for cheap. Also, funny story, ya know Brazil, where we replaced all those soybeans we used to buy from you? Yeah, kinda on fire. So you can put some of those cheap soy beans on that ship as well."

    Estimates of the actual numbers are apparently closer to 50% of their farming pigs are dead.

    That's scary. I was going from the last I heard. Ugh. I hate that this isn't bigger news because that is like a nightmare scenario.

    Its a nasty disease and they have such a high density of farms that it's spreading like wildfire. A lot of the deaths are preemptive culling trying to make firewalls around affected farms.

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    DarklyreDarklyre Registered User regular
    kaid wrote: »
    shryke wrote: »
    Jragghen wrote: »
    https://www.nytimes.com/2019/09/13/business/china-us-soybeans-pork-tariffs.html
    A recent calming of trade tensions between the United States and China continued on Friday as Beijing said it would exempt some American soybeans, pork and other agriculture products from new tariffs, state media reported.

    The announcement was made after President Trump delayed the next round of tariff increases on Chinese goods until after trade talks that are scheduled for early October, and officials in Washington confirmed China had made its first major purchase of American soybeans in months.

    "So, uh, something like a quarter of our China pigs have died but in a show of magnanimity we'll let you sell us some of your pigs for cheap. Also, funny story, ya know Brazil, where we replaced all those soybeans we used to buy from you? Yeah, kinda on fire. So you can put some of those cheap soy beans on that ship as well."

    Estimates of the actual numbers are apparently closer to 50% of their farming pigs are dead.

    That's scary. I was going from the last I heard. Ugh. I hate that this isn't bigger news because that is like a nightmare scenario.

    Its a nasty disease and they have such a high density of farms that it's spreading like wildfire. A lot of the deaths are preemptive culling trying to make firewalls around affected farms.

    Literally, firewalls. In the worst cases, they've resorted to digging pits by bulldozer, leading the infected herds in, then setting the entire pit on fire to burn them to death and kill the disease.

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    Captain InertiaCaptain Inertia Registered User regular
    Darklyre wrote: »
    kaid wrote: »
    shryke wrote: »
    Jragghen wrote: »
    https://www.nytimes.com/2019/09/13/business/china-us-soybeans-pork-tariffs.html
    A recent calming of trade tensions between the United States and China continued on Friday as Beijing said it would exempt some American soybeans, pork and other agriculture products from new tariffs, state media reported.

    The announcement was made after President Trump delayed the next round of tariff increases on Chinese goods until after trade talks that are scheduled for early October, and officials in Washington confirmed China had made its first major purchase of American soybeans in months.

    "So, uh, something like a quarter of our China pigs have died but in a show of magnanimity we'll let you sell us some of your pigs for cheap. Also, funny story, ya know Brazil, where we replaced all those soybeans we used to buy from you? Yeah, kinda on fire. So you can put some of those cheap soy beans on that ship as well."

    Estimates of the actual numbers are apparently closer to 50% of their farming pigs are dead.

    That's scary. I was going from the last I heard. Ugh. I hate that this isn't bigger news because that is like a nightmare scenario.

    Its a nasty disease and they have such a high density of farms that it's spreading like wildfire. A lot of the deaths are preemptive culling trying to make firewalls around affected farms.

    Literally, firewalls. In the worst cases, they've resorted to digging pits by bulldozer, leading the infected herds in, then setting the entire pit on fire to burn them to death and kill the disease.

    And fill the air with the scent of crispy bacon

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    CelestialBadgerCelestialBadger Registered User regular
    Darklyre wrote: »
    kaid wrote: »
    shryke wrote: »
    Jragghen wrote: »
    https://www.nytimes.com/2019/09/13/business/china-us-soybeans-pork-tariffs.html
    A recent calming of trade tensions between the United States and China continued on Friday as Beijing said it would exempt some American soybeans, pork and other agriculture products from new tariffs, state media reported.

    The announcement was made after President Trump delayed the next round of tariff increases on Chinese goods until after trade talks that are scheduled for early October, and officials in Washington confirmed China had made its first major purchase of American soybeans in months.

    "So, uh, something like a quarter of our China pigs have died but in a show of magnanimity we'll let you sell us some of your pigs for cheap. Also, funny story, ya know Brazil, where we replaced all those soybeans we used to buy from you? Yeah, kinda on fire. So you can put some of those cheap soy beans on that ship as well."

    Estimates of the actual numbers are apparently closer to 50% of their farming pigs are dead.

    That's scary. I was going from the last I heard. Ugh. I hate that this isn't bigger news because that is like a nightmare scenario.

    Its a nasty disease and they have such a high density of farms that it's spreading like wildfire. A lot of the deaths are preemptive culling trying to make firewalls around affected farms.

    Literally, firewalls. In the worst cases, they've resorted to digging pits by bulldozer, leading the infected herds in, then setting the entire pit on fire to burn them to death and kill the disease.

    And fill the air with the scent of crispy bacon

    And the squeals of pigs dying in agony in a fire!

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    Crimson KingCrimson King Registered User regular
    half of all chinese pigs are dead? what?

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    Captain InertiaCaptain Inertia Registered User regular
    Darklyre wrote: »
    kaid wrote: »
    shryke wrote: »
    Jragghen wrote: »
    https://www.nytimes.com/2019/09/13/business/china-us-soybeans-pork-tariffs.html
    A recent calming of trade tensions between the United States and China continued on Friday as Beijing said it would exempt some American soybeans, pork and other agriculture products from new tariffs, state media reported.

    The announcement was made after President Trump delayed the next round of tariff increases on Chinese goods until after trade talks that are scheduled for early October, and officials in Washington confirmed China had made its first major purchase of American soybeans in months.

    "So, uh, something like a quarter of our China pigs have died but in a show of magnanimity we'll let you sell us some of your pigs for cheap. Also, funny story, ya know Brazil, where we replaced all those soybeans we used to buy from you? Yeah, kinda on fire. So you can put some of those cheap soy beans on that ship as well."

    Estimates of the actual numbers are apparently closer to 50% of their farming pigs are dead.

    That's scary. I was going from the last I heard. Ugh. I hate that this isn't bigger news because that is like a nightmare scenario.

    Its a nasty disease and they have such a high density of farms that it's spreading like wildfire. A lot of the deaths are preemptive culling trying to make firewalls around affected farms.

    Literally, firewalls. In the worst cases, they've resorted to digging pits by bulldozer, leading the infected herds in, then setting the entire pit on fire to burn them to death and kill the disease.

    And fill the air with the scent of crispy bacon

    And the squeals of pigs dying in agony in a fire!

    Yeah that ruins it

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    JragghenJragghen Registered User regular
    half of all chinese pigs are dead? what?

    https://www.apnews.com/8a45620aceb1488aa9344ffb32379729
    Pork prices surged 46.7% in August from a year earlier, adding 1.08 percentage points to a 2.8% rise in the consumer price index. That’s hitting Chinese families hard: pork accounts for more than 60% of their meat consumption.

    “People complain pork is too expensive and buy less, so business is not going well,” said Sun Tiantao, who sells pork in a market in Beijing.

    China raises about half of the world’s pigs, and the outbreaks of African swine fever that began over a year ago have ravaged its herds. The disease does not infect humans.

    ...

    That will take some doing: in August hog stocks dropped nearly 40% from a year earlier and nearly 10% from July, according to the Ministry of Agriculture and Rural Affairs.

    So put another way, almost 1/4th of pigs on the planet have been killed by it.

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    JragghenJragghen Registered User regular
    Exact same comment fits here, too.

    https://www.businessinsider.com/saudi-arabia-oil-aramco-drone-strike-2019-9

    Saudi Arabia's oil production just got cut in half, so expect this to be a Big Deal ™

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    XaquinXaquin Right behind you!Registered User regular
    Jragghen wrote: »
    Exact same comment fits here, too.

    https://www.businessinsider.com/saudi-arabia-oil-aramco-drone-strike-2019-9

    Saudi Arabia's oil production just got cut in half, so expect this to be a Big Deal ™

    shiiiit

    that kind of is a big deal

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    PhillisherePhillishere Registered User regular
    Xaquin wrote: »
    Jragghen wrote: »
    Exact same comment fits here, too.

    https://www.businessinsider.com/saudi-arabia-oil-aramco-drone-strike-2019-9

    Saudi Arabia's oil production just got cut in half, so expect this to be a Big Deal ™

    shiiiit

    that kind of is a big deal

    In multiple ways. This is what it is going to be like when everyone has drones. I’m not sure anyone has air defenses sophisticated enough to deal with that yet.

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    electricitylikesmeelectricitylikesme Registered User regular
    The part of me that wants climate change dealt with is kind of happy though. Don't suppose this is going to make them stop bombing Yemen though.

    Also a random Saudi oil worker is not the guilty party there.

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    ElldrenElldren Is a woman dammit ceterum censeoRegistered User regular
    edited September 2019
    The part of me that wants climate change dealt with is kind of happy though. Don't suppose this is going to make them stop bombing Yemen though.

    Also a random Saudi oil worker is not the guilty party there.

    It’s unclear if any random Saudi oil workers were even injured

    Official reports are no one died

    Elldren on
    fuck gendered marketing
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    jothkijothki Registered User regular
    Xaquin wrote: »
    Jragghen wrote: »
    Exact same comment fits here, too.

    https://www.businessinsider.com/saudi-arabia-oil-aramco-drone-strike-2019-9

    Saudi Arabia's oil production just got cut in half, so expect this to be a Big Deal ™

    shiiiit

    that kind of is a big deal

    In multiple ways. This is what it is going to be like when everyone has drones. I’m not sure anyone has air defenses sophisticated enough to deal with that yet.

    A tiny bit of MAD could be a good thing. When was the last time a country started a war that wasn't them tearing apart a target that was helpless to retaliate in any way?

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