AgTalk Home
AgTalk Home
Search Forums | Classifieds (149) | Skins | Language
You are logged in as a guest. ( logon | register )

Thinking about ag economy
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
puff33m
Posted 4/6/2021 20:44 (#8937071)
Subject: Thinking about ag economy


N FLA
We were talking about the movie Country on one of the forums. I got to thinking about the current farm economy, which frankly is a little frightening, but the entire economy is frightening. That's not really the point of my post.

I found this document. And it described the ag economy of the 80s as essentially a bubble economy. Farmers didn't ramp up debt because the markets (the numbers) suggested they should, but rather because it was a speculative bubble that pulled in investors and farmers alike. Anyway, that seems like it rings true today.

I ran across this paragraph and I thought Ben Reinsche was on NAT several years ago when I started on here. It was kind of an oddly written paragraph for a book chapter. I know there were some other "poster boys" for the farm collapse. However, was Ben kind of a poster boy of the era, or was this just kind of an odd story?

Do you feel like ag could be caught in a speculative bubble? Once again, I don't think we know how to do anything different than go with the flow. But this book chapter was interesting in some of its descriptions and information.





(Screenshot_20210406-111733 (full).png)



(Screenshot_20210406-111701 (full).png)



Attachments
----------------
Attachments Screenshot_20210406-111733 (full).png (259KB - 21 downloads)
Attachments Screenshot_20210406-111701 (full).png (109KB - 19 downloads)
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete all cookies set by this site)