Holy Cats,,,it must work different there than here. With that mountain of debt there has to be judgements floating everywhere. WHY do they not attach everything they own and sell for there owed money???
AND who in there right mind loaned them MORE money to refi land and operating???
And that cow loan,,,yikes,,,where did they THINK that was going to go? BOTH sides of that one. Almost seems like an inside deal there.
Article - Falling prices, borrowing binge haunt Midwest 'go-go farmers'
