TheMachine1 wrote:
.. it blamed US farm policy only. France
and I guess other European countries have been dumping wheat below market price.
Destroying the main industry in delevoping coutries (farming) also....
Primary industries are Australia's main exports. As a small open economy, we have to compete head to head with EU and US subsidies, quotas and other unfair trade practices. Sometimes we whinge about it, but not too often. It doesn't stop our farmers making a living.
IMO the real problem is corrupt governments and overpopulation.
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I just dropped in to see what condition my condition was in.
Strewth!