China Cuts Rates: Good or Bad News?

[crusher]

Cotton,

Could you give me a couple of ideas on where to put my money?

[errolanderson]

Hopper . . . China's economy is incredibly leveraged. 6% growth would be a frickin disaster to them because they have to peddle harder to avoid their own personal debt and banking crisis.

China's economic miracle isn't a miracle any more. They have serious, serious problems to face heading into 2013.

Guys . . . if China decides they will eat cheaper, they will eat cheaper. If they enter a hard landing, they will tell us the price for canola, not us. This is a communist country. They will substitute products in a flash for less money. Do you think for a moment that the Chinese gov't cares about the quality of food over price? They will not keep buckin up for $15 canola, if Chinese economic shit hits the fan.

[Hopperbin]

Do they not have still a nine odd percent import tarriff on Canola? Like they are really desparate for food. And last I checked the local Chinese eat what ever they dam well please. Spit on the restaurant floor. No gov't official tells anyone what they can and cannot eat. Availlability is another thing.

[boarderbloke]

Errol, I agree completely with your third paragraph. Nearly all the population will sacrifice as the Regime asks them to, and those that won't or choose to riot will disapear. They won't be shot in the streets like in Syria, they'll just be whisked away from the cameras, and then dealt with. The older people will do it for the good of China, the younger ones will fall into line, or else!

[errolanderson]

boarderbloke . . . you hit the nail on
the head on how this situation will be
dealt with. This is my personal concern
about our fall markets . . . .

Greece has lost a generation. Europe is
toast . . . and the U.S. is in for
another fall (IMO), Canada is in for a
shake. This morning's U.S. jobs data was
yet another disappointment.

The tipping point on these markets that
could blow all the 'might of central
bankers' out-of-the-water is . . .
China. If China goes into a hard landing
. . . commodities will be their whipping
stone.

Again . . . being blunt and you can bear
spray me all you want, but it doesn't
change this global environment we face
heading into the last half of 2012.

Cdn grain growers . . . this rally you
are witnessing right now is a 'gift'.

[cottonpicken]

One of the best places is your own farm,making your
own bottom line stronger,ag is a great place.