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Are the 80's really possible again??
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Norstman
Posted 9/5/2015 15:51 (#4772440 - in reply to #4771829)
Subject: RE: Are the 80's really possible again??


BShauler - 9/5/2015 09:03

Wait till you guy's do your assets to debt sheets for your banker in about the fall of 16 and he tells you your assets just fell by another 50%. Oh and now we just can't go with you another year because your debt to asset ratio is bad and unless you sign over some of that paid for land your going to have to find another lender. The other problem that the banks are having is with cheap interest rates is they don't have as much money to lend out.
. Farmland isn't going to 25% of current values. Especially not by next fall. Personally I could care less what equipment values are. I buy it to wear it out not build wealth. With the mentally a lot exhibit on here I can see why so many are paralyzed by fear.
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