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I find it hard to believe that farmers in the future are going to earn more then people on wall street or in the city of london. I mean they will do very good the next 5/10/15 years but earning more then some hedge fund managers?
he's certainly talking about the sector, not individuals.but I still can't find a reason why the whole sectior whould do good for more than 10 years.ok, there are developing shortages right now. but developing more agriculture supply doesn't take decades. why does he think those shortages can't be met with more supply after a few years of high prices?
It will be more than just high prices. It will be prices that people can not afford. Events are multiplying while we speak. The Chinese are balking at lending us any more money. The only way to generate capital after that debacle is high taxation or printing press money-hyperinflation or both.
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