8 BRICs, aka the new OPEC, doesn't even form until January and the markets are already panicking. Fiat will get wrecked since BRICs now controls majority of oil, metals, and grains (media.conspiracies.win) posted 1 year ago by KiloRomeo 1 year ago by KiloRomeo +9 / -1 27 comments download share 27 comments share download save hide report block hide replies
Oil rich countries tend to be net grain importers. France has traded grain for oil for decades for example
I believe our biggest wheat export is to Mexico. China buys a lot of soy beans from us, but not nearly as much this year as in the past
US is net exporter of grain worth idk maybe $60B/yr net which does help especially of things go towards protectionism