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n. Illinois | Thank you for showing us that the experts are always wrong.
I was there, Everything was fine until it wasn't, Its a cliff and there is zero warning as to when we will fall off of it.
I know it will not be Paul Volker pushing interest rates up to choke off the inflation that he started by getting Nixon to go off the gold standard.
The trigger will be different, the end results will be the same. 50% to 67% retraction in values. Farm Credit will be exposed once again and they will make it worse by turning off their lending spigot as a survival tactic.
Rinse and repeat but it will set up a great opportunity to those who have liquidity to purchase ground at massive discounts compared to todays values.
Spare me the this time its different line, Its never different.
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Old farmland article
