23100

[Klause]

If ag is headed for the shitter again like the early 2000s... There will be a blood bath. I don't think in the 80s or 2000s there was this much outside capital in ag was there?


Id like to think we would see a collapse in land prices but we may see hyperinflation first if the central banks loose control of this snowball that's rolling down a mountain.

[ajl]

The economic hopes of all 7 billion people on the planet rest on one thing: the US economy. Apart from that there is nothing else. Watching the Canuckistanian economy wither like a weed hit with roundup right now. Real growth is found no where else so its pile on time. Usually this ends badly though but it has defied prediction so far.

[sumdumguy]

If ag is headed for the shitter again like the early 2000s... There will be a blood bath. I don't think in the 80s or 2000s there was this much outside capital in ag was there?


Id like to think we would see a collapse in land prices but we may see hyperinflation first if the central banks loose control of this snowball that's rolling down a mountain.

No Klause, there was only a bit of outside capital. All of our land was bought with borrowed money and paid for with lentils, no cinderella canola to save us in those days. Some farms failed during the 20 percent plus interest rates. I guess we manouevered our way through a different era and see things a little differently than some others. Money was lent on productive value and as you know land had to make the payments, now I am not sure how Farm Credit justifies these land values that are being bouyed up by foreign and otheroutside capital. Maybe you can shed light on the new millenium?

[farmaholic]

The economic hopes of all 7 billion people on the planet rest on one thing: the US economy. Apart from that there is nothing else. Watching the Canuckistanian economy wither like a weed hit with roundup right now. Real growth is found no where else so its pile on time. Usually this ends badly though but it has defied prediction so far.

What percentage of the world population does this discussion even have a bearing on? Alot only have to, or should I say need to, focus on food, clothing and shelter.

[macdon02]

Fcc don't give a rip about the risk art these values. They bundle the mortgages and sell em off into bond market. Banks and cu do as well. They don't hold the risk of you not making the payments.

[hobbyfrmr]

"A lot of guys suffered through the eighties, survived the nineties while fighting the wheat board tag-team, then waded through the early 2000's seeding every year with no chance of profit. Farming was not always like the last seven years or eight years. Just saying! "


Wow. That is the best description I have ever heard.
I always thought I was just a pessimist farmer.