How tariffs could hurt farmers in both Canada and the U.S. | The Narwhal

[banana@sh.itjust.works]

Yeah fair enough. It is wishful thinking. That being said I also hope the recession leads to some deflation over time.

[tikiporch@lemmy.world]

That's OK, because rich people will be able to buy failing farms for pennies on the dollar, which is the point.

[stoptouchingyourphone@lemmy.world]

The Westons and Waltons of the world are cackling about this right now, guaranteed.

relevant 22 Minutes sketch

[nastybutler@lemmy.world]

broad 25 per cent tariffs

Percent. Not per cent

[thejml@lemm.ee]

After prices go up, if the market absorbs the change, they rarely go back down quickly or at all.. after all, if people can afford 25% more, why sell it cheaper?

[mg2130@lemm.ee]

This needs to be reposted every time the words “Trump” and “Tariffs” are in the same sentence, and/or paragraph.

[darkdarkhouse@lemmy.sdf.org]

Bankrupt the small farmers then buy up their land for cheap in foreclosure sales

[darkdarkhouse@lemmy.sdf.org]

Bankrupt the small farmers then buy up their land for cheap in foreclosure sales

[eagle0110@lemmy.world]

Per cent. Not percent

[rusticus@lemm.ee]

That already happened 50 years ago in the US.