AGB - 8/26/2024 10:35

If using history as a guide, I'd bid whatever it takes to get the farm. You won't make any money but what the heck, you have more ground. Better yet, offer to buy it. Then, if things really go south, (we're getting there) you can file for bankruptcy. Hopefully, most of your debt will be forgiven. Or maybe Willie Nelson and the country western stars will have a farm aid concert and give you some money. Then, you'll be in the drivers seat. You can bid on farms against some of the poor schmucks that used economics and didn't expand even if it made no sense. Might want to get a bank other than federal land bank (greenstone), when they almost went broke (I think the government bailed them out but I'm not sure). I think they learned a lesson during that period. Vote democratic. They seem to like to give money away.