IN555 - 10/1/2023 18:09

I think everyone should look at the community reinvestment act and the influence it had on housing and the crisis it caused. When you eliminate most of the risk there tends to always be consequences. Often times there are consequences that are not known until it blows up in everyone’s face. I personally think crop insurance is creating an extremely bad bubble for ag that will be popped at some point. When you read Nat and there is endless comments about purchasing land that is essentially wreckless behavior in any other industry it should give everyone pause. You would have never heard anyone talk in the 80s or 90s about buying ground like 95% on here do. Maybe our lack of risk just slowly prices out of the world market overtime or there is the possibility that trouble is already brewing and none of us are seeing it like the housing crisis but either way eliminating the risk creates wreckless behavior and we are all likely going to be punished for it.