Posted 10/23/2015 15:33 (#4854237 - in reply to #4848013) Subject: RE: For those who survived the 80's?
EC North Dakota
We had the drought of 1980 plus the high interest rates. But we also had multiple buyers go into bankruptcy where we had a few hundred thousand of inventory. Learned a lot about bs. Why should we have to deliver grain on a contract when it's clear the buyer can't ever pay?
I remember thinking when interest rates fell to 12 percent how great that was.
For those who survived the 80's?
