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Agriculture's biggest deal ever will leave farmers and consumers paying more for less, and could accelerate a potentially catastrophic decline in the diversity of what we plant and eat.
A wave of Big Ag mergers is threatening to entrench a food system that reduces nature's edible abundance to a handful of plants on your plate.
Monsanto, the world's largest seed company, has been purchased by Bayer, the German pharma and agrochemical multinational. Bayer paid $66 billion — the biggest cash buy-out in history.
The stakes could not be higher.
The deal threatens to put the genetic erosion of the world's food supply on steroids, just as serious doubts are emerging about the genetically modified organism (GMO) "revolution" that began 20 years ago and the claim that US-style industrial farming will "
feed the world." The risks of monoculture are well documented: more than one million people died of starvation and disease during the Irish Potato Famine (also known as the Great Famine), between 1845 and 1852. It took 168 years to find out
what went wrong.
Comment: More on the CETA shenanigans: People didn't vote for it: EU Council decides to sign CETA trade agreement and celebrate with Canada
This is clearly a prelude to TTIP.
The EU's 'Donald' may not realize it yet, but this deal could ultimately pave the way for China's takeover of the US.
Why? Because Chinese companies are buying up key assets in Europe at an incredible rate... If they don't grant China WTO status, China may do what it did in response to being repeatedly blocked in the IMF and World Bank; set up a parallel WTO and drive another nail in the US-led international finance system. If the Chinese continue buying up European assets, by the time TTIP is in place, they could have backdoor market access to go shopping in the US!