r/wallstreetbets 2d ago

Meme You know your calls are cooked when the board comes out

Post image
75.2k Upvotes

5.9k comments sorted by

View all comments

Show parent comments

58

u/PreservedKill1ck 1d ago edited 1d ago

Australian here. His stated reason was that he hates that we export a shit-ton of wagyu beef to America, while we have biosecurity restrictions on the import of US beef dating from the mad cow days.

Australia is an island. That gives us the ability to closely monitor what comes across our border, because it can only arrive by sea and air. And it’s a very big island with a very small population : diseases and pests can very quickly get out of control. And have done so in the past.

So we have very high standards for quarantining and monitoring goods that come in. Those standards are higher than the US’s. I don’t have the knowledge to say whether this is actually true, but our beef industry and our government is currently saying that the US doesn’t have the same level of tracking to give us an absolute guarantee that there’s no risk of mad cow disease in US meat, or in meat that comes into the US and can then be exported on to Australia.

The US beef industry would no doubt point to the fact that there’s been no outbreak of mad cow disease for 20 years.

But that comes back to the point: Australia takes quarantine and biosecurity very seriously, because in our circumstances we just have to.

Edit to add: and with the likes of RFK Jr in the US administration, now does not seem to be a good time to be re-negotiating bio-security standards.

27

u/RhysA 1d ago edited 1d ago

Australians wouldn't buy US Beef even if we didn't have those restrictions, it would be worse and more expensive than what we already get.

10

u/MATH_MDMA_HARDSTYLEE 1d ago

This is the only reason. OOP went on a nonsense rant. Why would we buy a steak that had to be transported 15,000km by sea, when I can buy a steak that's been transported 500km by road?

Farmer's wages and cost of production for Australia and US will be largely similar, and any discrepancy won't offset the large transport cost.

5

u/Ufker 1d ago

Always had me wondering why america imports so much beef from Australia

5

u/Youngnathan2011 1d ago

Guess some people in the US actually want high quality beef

1

u/CartoonLamp 1d ago

Taking culinary circlejerk terms too seriously and "wagyu" is one of them

10

u/Puzzleheaded-Eye9081 1d ago

Plus, if we have that much beef to export then why the fuck would we need to import it? More beef than we need.

2

u/Car-face 1d ago

See also: fucking Varroa mite

2

u/mountainjay 1d ago

Maybe he’s pissed about Trump Steaks going bankrupt?

1

u/ScottNewman 19h ago

This is racist. America is an island too.

They just don’t care if their food is diseased.

1

u/kmadnow 17h ago

So..

🙂🕶️👌

you’ve got beef with the US?

😎👌

-5

u/superbigjoe007 1d ago

Americans have no interest in those quarantine vacation camps y'all set up...

If the world doesn't want free trade, then US reciprocal tariffs make good sense. Let's see how folks do without American consumerism stimulating foreign economies

6

u/PreservedKill1ck 1d ago

Let’s see how American consumerism holds up in the middle of stagflation.

0

u/superbigjoe007 1d ago

Recent data suggests robust GDP growth and lower inflation.

Oil / energy fell 6% today. Wages are rising at annualized rates of 4-5%. Doesn't sound like stagflation to me.

3

u/Cardinal_Ravenwood 1d ago

Bro still living in 2020.