Ned Schmidt--SDR's and Soybeans #3240

Ned says there may be a shortage of soybeans this time next year. The world is eating too many of them. There's a limited number of places where you can grow them. There are two bands one in the Northern Hemisphere and one in the Southern Hemisphere where they can be grown.

And of course on September 30, 2016 the IMF will be including China's currency in the SDR, Special Drawing Rights. China is already selling SDR backed bonds. Is this the end of the Dollar's reserve currency status? Perhaps the beginning of the end.