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Farm sector debt,inflation adjusted 1970-2019
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Gpa farmer
Posted 4/11/2019 15:28 (#7433492 - in reply to #7432981)
Subject: RE: Who survived the 1980s will be the same ones this time.


In the 80s yes interest rates bad. But the rents 40/60 or cash rents a guy could make a cash flow work with the decent gov payments at that time Today cash flows are hard to make work and a lot of guys are working off equity which will also go to crap in a few years if things dont straighten up $8 corn and $16 beans ruined more things than did any good a few years back. I always said if theres a will theres a way. When The Times get tuff. The tuff get tuffer.
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