We all know the U.S. government is in debt up to its eyeballs. Moody’s is already threatening to downgrade the country’s debt rating due to unfunded liabilities for Medicare and Social Security.

Brazil is an amazing place. For a long time, this country of 186 million was seen as a world power in soccer and that’s about it. Though Brazil is the fifth-largest country in the world and the fifth-most populous, few paid attention to it.

Potash has no spot market. The Belarusian Potash Company (BPC), the world’s largest potash trading company, controls 45% of the world’s potash output and sets benchmark international potash prices. Industrial buyers agree on prices with the BPC in one-year contracts.