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Historically. Food is a global commodity and is largely fungible. If every farmer in the US went bankrupt overnight we could easily sustain ourselves by import
by nwallin 7y ago
Historically.
Food is a global commodity and is largely fungible. If every farmer in the US went bankrupt overnight we could easily sustain ourselves by importing food from everywhere else.
Famine is really only a possibility in crushingly impoverished (much of Africa) or criminally mismanaged (Venezuela) economies. The potato blight was a secondary cause of the Irish potato famine, the primary causes were poverty and (English) government incompetence. (or malice, if you prefer) The United States has nothing to worry about.
- Fjolsvith 7y agoJust because a farmer goes bankrupt doesn't mean the farmland and farm equipment disappears. It will still produce.