By 1901, Brazil had converted too much of its farm land to coffee production. They subsequently found themselves importing flour for high cost when they could simply grow it domestically.
I immediately thought of the corn for Ethanol situation the USA is currently in. How long can we keep up this shortsightedness?
2008-02-19
History Repeating Itself
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A) Until our shortsightedness leads to irreversible catastrophe.
B) Until we get better glasses.
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