by KaiserJeep » Mon 14 Oct 2013, 11:37:50
$this->bbcode_second_pass_quote('Surf', '-')snip-
Keep in mind we elect government officials. If the public cannot get food because it is all exported we will protest and vote out the officials in favor of those willing to make it illegal to export food. Russia did this recently due to drought and low grain yields:
-snip-
The same thing happened to Japan and Europe after World war II. Japan and Europe purchased a lot of things from the US after the war and then started exporting low cost goods back to the US. But as their economies recovered there exports to the US dropped. Japan compensated for that drop by improving quality and efficiency which did help stabilized the situation but didn't revers it. Korea, Russia, and and other Asian countries are also experiencing the same thing. Years of government mismanagement, dictatorship and and war have ended or are ending and triggering major growth in there economies. It will take some time for everything to stabilize.
Surf, It took me a few days to read and think about the articles you linked to. After due consideration, I don't think these parallel the present US situation. Japan, Russia, and Korea forbid other countries from owning real estate. The US does not do so.
Smithfield Foods owns hundreds of square miles of the USA and leases even more. Chinese company Shuanghui International Holdings Ltd. now owns these lands and leases. Once they have paid any owed taxes on food produced, I don't think the US Federal Government can prevent the export of that food.
I mean, look at what happened: Trucks containing pork products ordered by a US supermarket chain were diverted and the goods were exported, presumably on Chinese-owned refrigerated ships that had been pre-positioned for this move. I am certain that Shuanghui realized a huge profit on premium US pork.
In Japan, Russia, and Korea, the food production is owned by domestic firms and the food products themselves are traded on open commodities exchanges. Those governments have a span of control over foods in their countries that the US government lacks.
At least, it seems that way to me.
To assert the same level of control over US food production would require that the US nationalize those farmlands, it seems to me. That's not impossible, but it is without precedent in this country, I believe.