Around 1920, African Americans owned around 15 million acres of farmland. As of the year 2000, African Americans own less than 2 million acres. With the falling value of the dollar, Saudi Arabia, China, and Kuwait are now using their holdings of depreciating U.S. dollars to buy up tangible assets such as farmland. Once this wealth transfer is complete, the American people in general, as well as African Americans will be renters in their own country. Meaning, that most Americans will never again have access to the education, capital investment, or the opportunity to purchase land. These nations are buying up large tracts of land for two reason:
1. Each nation needs a means to feed their growing populations. America still has large tracts of farm land at low prices. Once this land is purchase by foreign entities, it will never be available for sale again.
2. The surplus food crops can also be sold in the world commodities market to the highest bidder. This means Americans will struggle to find food to buy, and if they do locate it, they will pay much more for it.
Read Peak Soil Investment: This Quiet Land Grab is Just Beginning
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