Quote:
Originally posted by Jeff Higgins
...They will be the first to whine and gripe when the cost of a loaf of bread goes up because of this, but they will be wholey incapable of making the connection. Kind of like here...
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Nope - farming in europe is sooooo heavily subsidized that any semblance between input costs/production variables are completely pounded out of the supply/demand curve.
French agricultural capacity decimated? Won't hardly be noticeable at the grocery check-out once a few pesky logisitic issues are hammered out.
Not hugely different on this side of the pond, but there are plenty of similar pockets of pretend-free-enterprise in the food chain here. Sugar is a great example.
Oh and Fint, the morning line has it a 100-to-1 shot that the majority of French citizenry are keen on tossing their passports for American (or any other) paperwork.