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southeast nebraska | You say "The majority that used leverage with borrowed $ for the 30 year period from 1990-2020 gained way more traction than those that operated without borrowed $."
maybe so and if so, goody for them.
Are they still borrowing?
I owe exactly zero dollars to anyone and literally EVERY SINGLE thing I own I own 100% outright (yes yes, that includes land) and every single item I every buy I buy without borrowing money.
So again, are these people now "all caught up" or are they still borrowing?
Can they go a year of no income and go "well, that sucks" and pay for next year or do some "payments" start to come do that they can't cover?
Dunno but I like not owing anyone anything.
You do you.
Edited by piperfarmer 12/27/2025 11:19
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Farming Without the Bank
