Doug Fordham

BRICS: Acronym for Brazil, Russia, India, China, and South Africa BRICS is an acronym for the combined economies of Brazil, Russia, India, China, and South Africa, which some claimed early in this century were poised to dominate the world economy by 2050.

www.investopedia.com/terms/b/bric...

At the end of the day, China’s move toward diversification has been ongoing prior to the current U. S. Administration’s actions and is inline with their BRICs—https://www.investopedia.com/terms/b/brics.asp—initiatives.

Cotton: U.S. cotton exports have faced challenges due to increased competition and shifting trade policies, though specific recent figures are limited.

Wheat: U.S. wheat exports to China have been modest, with China importing 1.9 million metric tons in 2024, representing a 17% share of its total wheat.

Sorghum: While China has been a major buyer of U.S. sorghum, recent weeks have seen a significant decline in sales, with an 83% drop from the previous week, totaling just 6,500 metric tons. 

Corn: In the 2023/24 marketing year, U.S. corn exports to China dropped to 2.8 million metric tons, down from 7.5 million metric tons the previous year.

U.S. exports accounted for approximately 28% during the same timeframe. 
• Corn: In the 2023/24 marketing year, U.S. corn exports to China dropped to 2.8 million metric tons, down from 7.5 million metric tons the previous year.

Despite the strong performance in 2022, several factors have impacted U.S. agricultural exports to China in subsequent years: 
• Soybeans: U.S. soybean exports to China have faced stiff competition from Brazil, which supplied about 70% of China’s soybean imports in the 2022/23 period.

• Soybeans: $17.9 billion
• Corn: $5.3 billion
• Cotton: $2.9 billion
• Beef and Beef Products: $2.2 billion
• Coarse Grains (including sorghum): $1.8 billion

Not exactly. China has been actively diversifying its agricultural import sources, and way before any of the tariff changes. In 2022, (latest complete data available) U.S. agricultural exports to China reached a record $40.9 billion. The leading export categories included: 

Can Trump Turn Back the Clock on U.S. Manufacturing? One of the stated goals of the Trump administration’s tariff offensive is to bring back manufacturing jobs to the United States. But is that possible or eve…

www.voronoiapp.com/economy/Can-...

Excellent, short, article and data.

‘Completely out of touch’: golf and dinners for ‘king’ Trump as economy melts down Casual attitude as markets fall suggests man detached from anxieties of ordinary voters – and surrounded by yes men

www.theguardian.com/us-news/2025...

‘…man uniquely detached from the anxieties of ordinary people…’

Definitely not ‘Fake News’.

x.com/rapidrespons...

…Medicare overpaid the private health plans by more than $106 billion from 2010 through 2019 because of the way the private plans charge for sicker patients.

Richard Kronick, a former federal health policy researcher and a professor at the University of California-San Diego, says his analysis of newly released Medicare Advantage billing data estimates that…

Medicare Advantage's cost to taxpayers has soared in recent years, research finds An alternative to original Medicare, the private plans are run mostly by major insurers. A recent analysis estimates Medicare overpaid these insurers by $106 billion from 2010 through 2019.

www.npr.org/sections/hea...

Medicare Advantage plans has cost taxpayers tens of billions of dollars more than keeping them in original Medicare, a cost that has exploded since 2018 and is likely to rise even higher, new research has found.

And it’s not just ‘one man’. The supporting cast of characters bears responsibility and apparently have no clue about the mechanics of the global economy.

America Last?! The U.S. stock market had its worst day since 2020 on Thursday, as investors were trying to digest President Trump’s sweeping tariff announcements from the…

www.voronoiapp.com/markets/Amer...

And our redline could keep on downslope.

AI LLMs may have been used by the White House to determine how to impose tariffs, as ChatGPT, Gemini, Claude, and Grok all gave the same answer on how to impose tariffs easily. 😉

Trump's Reciprocal Tariffs on Major Nations What We’re Showing This chart visualizes the reciprocal tariff rates announced by U.S. President Donald Trump on 15 major nations. These tariffs are…

www.voronoiapp.com/trade/Trumps...

US Tariffs on The World courtesy of @eegali published on Voroni

Simply publishing the fact that a human source was involved is damaging as well and could cause irreparable harm to methods and capabilities.

Perfect! Human intelligence sources are a prized commodity; sometimes taking years to identify and develop, especially those with placement and access. Israeli intelligence has been burned by the U.S. before with respect to its human sources.

And Biden’s garage, and the trove of classified documents at Mar-a-Lago.

EXCLUSIVE: DOD has deployed Signal on government devices overriding their own policy A high level source in DOD has confirmed that they were ordered to approve installation of Signal on government devices by Trump officials last month

I stand corrected…guess Signal is “authorized’. fpwellman.substack.com/p/exclusive-...

…that more victims will come to speculate in the speculation thus perpetuating the scam and driving the ‘speculated value’ higher. It is a futures contract with an underlying (bet) on human gullibility, a bet that there will be more fools in the future to pay out the present fools. Stephen Diel.

(A Bitcoin) has no manifestation in the real world, produces nothing, has no assets, income, customers, cash flow or dividends. The net present value of bitcoin is zero and can never be nonzero. Its value is purely from a form of recursive speculation, a delusion that more victims will come to…

It’s official — Trump-backed World Liberty Financial will issue stablecoin Trump family's purported DeFi project does custody deal with BitGo. Stablecoin will be backed by dollars and US bonds.

Such a tangled web…
www.dlnews.com/articles/def...

Trump Family Venture Plunges Deeper Into Crypto With New ‘Stablecoin’ The token will be backed by short-term U.S. government Treasurys, U.S. dollar deposits and other cash equivalents.

www.wsj.com/finance/curr...

World Liberty Financial, is backed by Donald Trump, Eric Trump, Donald Trump Jr., and Barron Trump.

Is this appropriate for the President of the United States?

A Signal group is built on top of the private group system technology. The creator of the group chat is the Admin (Waltz) who controls who can do what within the group. An individual cannot ‘just add themselves’ to a group as they would not even know it existed unless they received an invite.