TIM 0.00% 4.4¢ timbercorp limited

a sad day, page-72

  1. 1,879 Posts.
    SDE

    Hehehehe not me (maybe TIM and farmers)

    As to the the capitalism – there is an agricultural subsidy paid by governmt to farmers and agribusinesses to supplement their income, manage the supply of agricultural commodities, and influence the cost and supply of agri commodities.
    Exapmles: The European Union use agricultural subsidies and protectionism to encourage self-sufficiency. The U.S. Agricultural Department subsidize over two dozen commodities. Both EU and US argue that subsidies are necessary because of the fluctuating nature of agriculture (weather, international events and so on). Price support and income guarantees can help to maintain a strong domestic farm sector and domestic food supply.

    As to the socialism – the land was (is) nationalised and there is a collective farming


    Cheers NJ
 
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