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» Live8 - music for the left ears   2005-07-05 18:08 Strawman

>> They can literally "dump" surplus production.

Without wishing to sound like the forum pedant, I don't think you mean 'literally'. If they sell it below cost, it's 'virtually' dumped, If they actually piled it up in pile and burnt it, then it would be 'literally' dumped.

And in fact I think the EEC had a history of doing just that? Something about Bobby Geldof giving Maggie Thatcher a hard time at some formal function about dumping buttermilk instead of sending it to Africa? Anyone remember the history of this? It was BI (Before Internet), so it's a bit hard to track down ..