Posted 11/21/2012 18:43 (#2709628 - in reply to #2709340) Subject: RE: That is the reason for the post Sat
Midland, Ohio
"Remember that the farmer was not over leveraged in 1977 but was deeply underwater in 1981 without adding or buying anything new ??"
Well to say farmers weren't buying up till it ended is not true.
I personally know people who were in there buying till the crap hit the fan in 81-82
In fact I would argue the real leveraging didn't start till 77-78.
Looks like the world is happy to fill exports that US has lost
