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rise of farm bankruptcies due to trade war???
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gw321
Posted 7/25/2025 07:09 (#11308817 - in reply to #11308794)
Subject: RE: rise of farm bankruptcies due to trade war???


south central IL
There was a lot of money made in the last few years in farming. I believe the justification for extra nice stuff has been if we write it off the out of pocket cost is actually 30 % less. Most people write it all off in year one which works really well until you owe four more years on it but can’t write it off because you already have. On another note it’s not just farmers, there are individuals that have bought way too much stuff and can’t pay for its well. I know a couple of people in the banking world that say it’s not pretty.
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