west central illinois | Deere6 - 10/21/2016 10:58
Thanks for posting john, very interesting. So does this spell another 1980s type situation for agriculture? A period of high inflation followed by massive deflation and high interest rates? What are your thoughts, keep in mind I was born in 1987. not quite. The 80's were a perfect storm and not started by any single event but s multitude of events. This from the FDIC shows just how many things had to happen to cause a huge failure of rural banks.
Lot of mention about *everyone's friend the FMHA* also.
https://www.fdic.gov/bank/historical/history/259_290.pdf
Edited by emtbd1979 10/21/2016 16:46
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Lending expansion and bank reserves dropping?
