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There is no question, 2020 has been all over the map, but with this unprecedented year coming to a close, what should agriculture be prepared for in the next decade and how will this yearâs pandemic influence the next 10 years?
âWe have a black swan event about every 10 years, and of course this year it was COVID-19,â said David Kohl, Ph.D. professor emeritus of agricultural finance and small business management at Virginia Tech. âThen weâll usually get two baby black swan events in between, which could be weather events, disease events, etc.â
In 2008 and 2009, the black swan event was the financial crisis, which agriculture did not feel as much because it was going through the great commodity super-cycle. Going back to the turn of century, the black swan event was the meltdown of the high-tech market followed by 9/11.
canada and mexico. even that, the expiration date may be coming on that, with indications he wants to turn to japan after their elections in july. the irony, with the changes in japan s policy on trade that trump may seek were part of the transpacific trade agreement that trump withdrew from. and we have this tweet from the president supporting the israeli prime minister. hoping things will work out with the israelis coalition formation. and netanyahu may have asked
china is stealing $300 billion of our intellectual property and enabling a nuclear bomb in north korea. they do have gigantic nontariff trade barriers, it s a joke today beijing said we re going to take our case to the world trade organization. i m like, are you kidding? i mean, diane violates the wto agreements they are not a free trade country if this is not sustainable, does this current situation make it more sustainable. it doesn t. but i do want to respond to stephen. we do know intellectual theft by china has been huge with this administration throughout the window was the greatest lover point they had in dealing with that, the transpacific trade agreement which excluded china, had the rest of the world putting prerk you are on china and much more likely to come out with a response and a solution
and the president then tweeting that he would impose tariffs on european cars, which may be difficult to do. the clearest losers in the trade war are kind of the information age industries that are totally connected to the global economy, which are centered in the big metros, which are now the geographic foundation of the democratic party. it is overwhelming of the party of the big metro areas that are integrated in the global economy. yet they are finding it almost impossible to find anything to say about this. because they are still worried about alienating kind of bad luck industrial labor at a time when bad luck labor is voting overwhelmingly republican, largely around the cultural themes. donald trump. and lindsey graham made the point on face the nation, if you really want to go after china and deal with their economic influence, you would be part of the transpacific trade agreement that president trump has walked away from, which was expressly designed to be a counterweight to