JD Vance admits groceries and housing are too expensive but bizarrely blames Biden
https://www.independent.co.uk/news/world/americas/us-politics/jd-vance-groceries-housing-price-economy-b2834772.html
https://redd.it/1nrud77
@r_econ
https://www.independent.co.uk/news/world/americas/us-politics/jd-vance-groceries-housing-price-economy-b2834772.html
https://redd.it/1nrud77
@r_econ
The Independent
JD Vance admits groceries and housing are too expensive but bizarrely blames Biden
‘I would say they're too expensive because we inherited a disastrous Biden economy, and we're making progress,’ the Vice President told Fox News
US farmers lose $47 billion soybean market overnight. Maybe tariffs aren’t the answer to everything?
https://preview.redd.it/6tri7v57vorf1.jpg?width=720&format=pjpg&auto=webp&s=77ab641169e01dbde35b6b584898f86255ccb017
Let’s get caught up to speed, for the benefit of everyone still obsessing over Epstein and Charlie Kirk:
Trump (to planet): “You’re all going to pay huge tariffs on everything. I will change the amounts daily. Bwaaaah!!!”
China (to US): “Please cancel our US soybean purchases for 2025. We’ll let you know later about 2026”
Farmers (to Trump): “We need a $47 billion bailout because now China is buying all its soybeans from Argentina”
Trump: “I’m going to bail out Argentina’s economy. Make Argentina Great Again. And here’s a new tariff on kitchen cabinets, in case anyone was thinking of remodeling.”
The silver lining: at least no talking heads will appear on CNN and PBS wringing their hands over soybean inflation in America’s supermarkets. Stop laughing - all of this is true. See link at bottom.
If you had asked me to guess the value of the annual US soybean crop, I’d have said anywhere from $1 billion to $1 trillion. If you asked me how much of America’s farmland is devoted to soybeans, I’d have been equally helpless. Turns out it’s 85 million acres, equal to the combined land mass of New York, New Jersey, Maryland, Massachusetts, Connecticut, New Hampshire, Vermont, Maine, and Delaware. See second link at bottom.
That is a LOT of farmland devoted just to grow soybeans. What does China do with all of these beans? If you said “tofu” (curdled soy milk, congealed to impersonate cheese) you’d be wrong. China mostly feeds our soybeans to their pigs. Which in turn become pork egg rolls, sweet and sour spareribs, and possibly bacon.
I’m okay with this, if it keeps China from harvesting wild bats and selling them alive in “wet markets”, which THEN ends up infecting half the world with the Covid 19 virus. If that’s the way it actually happened, and the pandemic WASN’T a leak from their Wuhan military experimental virus lab . . .
Let’s cut to the chase. I wish no misfortune on America’s farmers. But those 85 million acres are probably put to better use feeding America, rather than fattening pigs to feed a global adversary which is constantly hacking America’s airports and banks, threatening to invade Taiwan, and torturing it’s Nobel peace prize winners in prison.
Can we have a conversation about putting America first (not China or Argentina) and keeping our own people fed and housed?
I’m just sayin’ . . .
**‘The frustration is overwhelming’: Soybean farmers feel betrayed as Argentina blows a hole in rural America’s $47 billion soybean bonanza**
**Why Soybeans Have Become The Second Largest Crop In The U.S.**
https://redd.it/1nrsenw
@r_econ
https://preview.redd.it/6tri7v57vorf1.jpg?width=720&format=pjpg&auto=webp&s=77ab641169e01dbde35b6b584898f86255ccb017
Let’s get caught up to speed, for the benefit of everyone still obsessing over Epstein and Charlie Kirk:
Trump (to planet): “You’re all going to pay huge tariffs on everything. I will change the amounts daily. Bwaaaah!!!”
China (to US): “Please cancel our US soybean purchases for 2025. We’ll let you know later about 2026”
Farmers (to Trump): “We need a $47 billion bailout because now China is buying all its soybeans from Argentina”
Trump: “I’m going to bail out Argentina’s economy. Make Argentina Great Again. And here’s a new tariff on kitchen cabinets, in case anyone was thinking of remodeling.”
The silver lining: at least no talking heads will appear on CNN and PBS wringing their hands over soybean inflation in America’s supermarkets. Stop laughing - all of this is true. See link at bottom.
If you had asked me to guess the value of the annual US soybean crop, I’d have said anywhere from $1 billion to $1 trillion. If you asked me how much of America’s farmland is devoted to soybeans, I’d have been equally helpless. Turns out it’s 85 million acres, equal to the combined land mass of New York, New Jersey, Maryland, Massachusetts, Connecticut, New Hampshire, Vermont, Maine, and Delaware. See second link at bottom.
That is a LOT of farmland devoted just to grow soybeans. What does China do with all of these beans? If you said “tofu” (curdled soy milk, congealed to impersonate cheese) you’d be wrong. China mostly feeds our soybeans to their pigs. Which in turn become pork egg rolls, sweet and sour spareribs, and possibly bacon.
I’m okay with this, if it keeps China from harvesting wild bats and selling them alive in “wet markets”, which THEN ends up infecting half the world with the Covid 19 virus. If that’s the way it actually happened, and the pandemic WASN’T a leak from their Wuhan military experimental virus lab . . .
Let’s cut to the chase. I wish no misfortune on America’s farmers. But those 85 million acres are probably put to better use feeding America, rather than fattening pigs to feed a global adversary which is constantly hacking America’s airports and banks, threatening to invade Taiwan, and torturing it’s Nobel peace prize winners in prison.
Can we have a conversation about putting America first (not China or Argentina) and keeping our own people fed and housed?
I’m just sayin’ . . .
**‘The frustration is overwhelming’: Soybean farmers feel betrayed as Argentina blows a hole in rural America’s $47 billion soybean bonanza**
**Why Soybeans Have Become The Second Largest Crop In The U.S.**
https://redd.it/1nrsenw
@r_econ
In America, the Young Pay While the Old Collect
https://newsrepublic.co.uk/2025/09/27/in-america-the-young-pay-while-the-old-collect/
https://redd.it/1nrwpac
@r_econ
https://newsrepublic.co.uk/2025/09/27/in-america-the-young-pay-while-the-old-collect/
https://redd.it/1nrwpac
@r_econ
The Chinese Coffee Industry is Experiencing an Unprecedented Surge in Global Orders
https://yuantrends.com/yunnan-coffee-exports-boom-trillion-yuan-market/
https://redd.it/1nrrjlu
@r_econ
https://yuantrends.com/yunnan-coffee-exports-boom-trillion-yuan-market/
https://redd.it/1nrrjlu
@r_econ
Yuan Trends
Yunnan Coffee Exports Boom: Capitalizing on the Trillion-Yuan Global Market Opportunity
Executive SummaryYunnan coffee exports exceeded 7.7 billion yuan in the first eight months of 2025, showcasing a 38.5% year-on-year growth in key regions like Tengchong.International coffee futures hitting 50-year highs have elevated Yunnan coffee bean prices…
Data Shows That AI Use Is Now Declining at Large Companies
https://futurism.com/ai-hype-automation-decline
https://redd.it/1ns4mhu
@r_econ
https://futurism.com/ai-hype-automation-decline
https://redd.it/1ns4mhu
@r_econ
Futurism
Data Shows That AI Use Is Now Declining at Large Companies
Hype dims as a country-wide survey of US corporations shows a sudden drop-off in AI use among firms with more than 250 employees.
America has a Monopoly Problem
https://ilsr.org/fighting-monopoly-power/why-it-matters/
https://redd.it/1ns6eyb
@r_econ
https://ilsr.org/fighting-monopoly-power/why-it-matters/
https://redd.it/1ns6eyb
@r_econ
Institute for Local Self-Reliance
America's Monopoly Problem - Institute for Local Self-Reliance
How states and cities can counter corporate control and reconfigure their economies to better meet the needs and aspirations of their residents.
These Red Vermont Towns Wanted ‘America First.’ They’re Getting More Than They Bargained For.
https://www.politico.com/news/magazine/2025/09/26/vermont-canada-border-towns-donald-trump-00579592?nid=0000018f-3124-de07-a98f-3be4d1400000&nname=politico-toplines&nrid=e0dae715-e992-4dfe-b43e-67dcfbf7a663
https://redd.it/1ns7vgp
@r_econ
https://www.politico.com/news/magazine/2025/09/26/vermont-canada-border-towns-donald-trump-00579592?nid=0000018f-3124-de07-a98f-3be4d1400000&nname=politico-toplines&nrid=e0dae715-e992-4dfe-b43e-67dcfbf7a663
https://redd.it/1ns7vgp
@r_econ
POLITICO
These Red Vermont Towns Wanted ‘America First.’ They’re Getting More Than They Bargained For.
Northern Vermont went all in on Trump because of his border promises. Then came the changes voters here weren’t anticipating.
U.S. economy grew at a surprising 3.8% pace in Q2 — big upgrade from earlier estimates. Sustainable rebound or temporary boost?
https://apnews.com/article/economy-gdp-spending-trump-federal-reserve-rates-97346d37c4edaa00f519e45941f75264
https://redd.it/1nsandd
@r_econ
https://apnews.com/article/economy-gdp-spending-trump-federal-reserve-rates-97346d37c4edaa00f519e45941f75264
https://redd.it/1nsandd
@r_econ
AP News
US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth
The U.S. economy expanded at a surprising 3.8% from April through June in a dramatic upgrade of the government's previous estimate of second-quarter growth.
The resilient stock market may be keeping the economy out of a recession. Why that's a bad thing
https://www.cnbc.com/2025/09/27/wealth-effect-stock-market-recession.html
https://redd.it/1nsbe9f
@r_econ
https://www.cnbc.com/2025/09/27/wealth-effect-stock-market-recession.html
https://redd.it/1nsbe9f
@r_econ
CNBC
The resilient stock market may be keeping the economy out of a recession. Why that's a bad thing
Consumers with larger stock holdings are feeling fine, while those with smaller or no holdings are not.
Billionaires become richer while working people can’t afford health care, housing & food.
https://redd.it/1nserl6
@r_econ
https://redd.it/1nserl6
@r_econ
Video Game Spending Statistics | The U.S. video game market is an entertainment behemoth valued at $59.3 billion -- more than the American film, music, and book-publishing industries combined.
https://www.fool.com/money/research/video-game-spending-statistics/
https://redd.it/1nsdu01
@r_econ
https://www.fool.com/money/research/video-game-spending-statistics/
https://redd.it/1nsdu01
@r_econ
The Motley Fool
Video Game Spending Statistics | The Motley Fool
American families spend $449 on average every year on video games, including consoles and accessories. See how your spending compares.
India’s Household Wealth Surges 14.5% In 2024, Among Fastest Globally: Report
https://www.news18.com/business/indias-household-wealth-surges-14-5-in-2024-among-fastest-globally-report-ws-l-9601182.html
https://redd.it/1nsiwpg
@r_econ
https://www.news18.com/business/indias-household-wealth-surges-14-5-in-2024-among-fastest-globally-report-ws-l-9601182.html
https://redd.it/1nsiwpg
@r_econ
News18
India’s Household Wealth Surges 14.5% In 2024, Among Fastest Globally: Report
India's household wealth hit record highs in 2024, with gross financial assets growing 14.5 percent, says Allianz Global Wealth Report 2025.
Germany tested the four-day workweek—73% of companies won’t go back
https://www.leravi.org/germany-tested-the-four-day-workweek-73-of-companies-wont-go-back-15033/
https://redd.it/1nshnux
@r_econ
https://www.leravi.org/germany-tested-the-four-day-workweek-73-of-companies-wont-go-back-15033/
https://redd.it/1nshnux
@r_econ
Le Ravi
Germany tested the four-day workweek—73% of companies won’t go back - Le Ravi
Germany’s bold experiment with a four-day workweek has sparked a revolution in how companies view labor and productivity. Imagine working fewer hours
Bessent Puts US Money at Risk in $20 Billion Argentina Backstop
https://www.bloomberg.com/news/articles/2025-09-26/bessent-puts-us-money-at-risk-in-20-billion-argentina-backstop?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc1OTAxNzA0MCwiZXhwIjoxNzU5NjIxODQwLCJhcnRpY2xlSWQiOiJUMzNNT1RHT1QwSk0wMCIsImJjb25uZWN0SWQiOiJFRUExMjI1OEY5MTk0ODA3QUYzMzZDRUI1NDI3MDVERCJ9.MgxRHIL-9VDlytUBby7CujIMto6PWHCWbj8wLZVSfFw
https://redd.it/1nsmpo6
@r_econ
https://www.bloomberg.com/news/articles/2025-09-26/bessent-puts-us-money-at-risk-in-20-billion-argentina-backstop?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc1OTAxNzA0MCwiZXhwIjoxNzU5NjIxODQwLCJhcnRpY2xlSWQiOiJUMzNNT1RHT1QwSk0wMCIsImJjb25uZWN0SWQiOiJFRUExMjI1OEY5MTk0ODA3QUYzMzZDRUI1NDI3MDVERCJ9.MgxRHIL-9VDlytUBby7CujIMto6PWHCWbj8wLZVSfFw
https://redd.it/1nsmpo6
@r_econ
Bloomberg.com
Bessent Puts US Money at Risk in $20 Billion Argentina Backstop
The Trump administration’s $20 billion lifeline for Argentina leans on a Treasury fund that’s been successfully used to bail out troubled allies in the past – but it could still carry risks for US taxpayers.
BREAKING: President Trump posts a picture of himself firing Fed Chair Powell.
https://redd.it/1nsnrqf
@r_econ
https://redd.it/1nsnrqf
@r_econ
Basic necessities have never been more unaffordable: US grocery prices have surged +29% since February 2020 to an all-time high.
https://redd.it/1nsnwrr
@r_econ
https://redd.it/1nsnwrr
@r_econ
U.S. gov't mulls tariffing devices based on the number of chips used and their estimated value — policy would impact nearly every type of electronic device
https://www.tomshardware.com/tech-industry/semiconductors/u-s-govt-mulls-tariffing-devices-based-on-the-number-of-chips-used-and-their-estimated-value-policy-would-impact-nearly-every-type-of-electronic-device
https://redd.it/1nsqzw4
@r_econ
https://www.tomshardware.com/tech-industry/semiconductors/u-s-govt-mulls-tariffing-devices-based-on-the-number-of-chips-used-and-their-estimated-value-policy-would-impact-nearly-every-type-of-electronic-device
https://redd.it/1nsqzw4
@r_econ
Tom's Hardware
U.S. gov't mulls tariffing devices based on the number of chips used and their estimated value — policy would impact nearly every…
Make chips in the U.S., or pay tariffs.