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The 80's
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IAGary
Posted 11/2/2016 08:10 (#5613436 - in reply to #5613385)
Subject: RE: The 80's


Southeast Iowa
Not only were interest rates high farmers were more leveraged in the 80's. Me included.

I owe more now than the 80's but I am much better shape today cause I own more.

18% interest would be easier to pay today for me for that reason.

The average farm size is much larger today than the 80's.

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